If you go back to my previous post you will see that we are on the same track and we have not lost sight of the goal we have on CPI and PPI so this is what we will be following for the week. this week is going to be a volatile week, stay tuned for more updates. do well to like share and follow.
welcome here is my eurusd long idea its based on overall bullish market + inverse head and shoulder + trading above weekly pivot and ema´s
I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research
The lines of support and resistance have been identified and due to having two resistances in the Long path, it is doomed to be short.
The EURUSD pair hit our 1.07250 Target of our March 27 analysis (see chart below) before the current 1-week rebound: Right now it is giving mixed signals as the latest rebound made the 1D RSI break and stay above its MA trend-line, which is a pattern it following on the February - March Bullish Leg. At the same time though, the 2024 Channel Down is intact but...
EUR/USD is holding steady at 1.0850 at the beginning of Tuesday in Europe. This is explained by the weakening of the US dollar (USD), which has pushed the EUR/USD exchange rate sharply higher, once again bringing it back to the 1.0860 area at the start of the week. Based on technical indicators, we see positive signs for the rise of EUR/USD. The simple moving...
CPI will come out tomorrow 10/4 I think CPI will be good = Fed will not be raising rates anymore till June/July meeting. Analyst say there will be a cut / in the revision. So.. with that in mind. I think will be looking for position of Sell on EURUSD I'm marking 2 areas 1.0900000 and 1.0950000 My TP is 1.0700000 All the best
EURUSD: Favorable US labor market data and the strength of the US economy have increased uncertainty about the Federal Reserve's (Fed) rate cuts this year. Last week, Minneapolis Fed President Neel Kashkari said that he plans two interest rate cuts this year, but if inflation continues to stall, a no rate cut scenario is possible. Financial markets have priced...
EUR/USD is holding steady at 1.0850 at the start of Tuesday in the European trading session. The recent downturn of the US Dollar (USD) has pushed the EUR/USD exchange rate significantly higher, returning to the 1.0860 area at the beginning of the week. This is another evidence of the strong influence of the USD on the global market, as its fluctuations can cause...
After long time of strong USD EURUSD has broken above the 20 EMA and 200MA. Expected targets 1.1000
- I want to see a bullish session targeting 1.08788 hourly FVG. - I would like to see the price trade below Asia’s low before continuing higher. - DXY has a bearish weekly FVG which I would like to see traded too.
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.0862, which is an overlap resistance. Our take profit will be at 1.0803, an overlap support level. The stop loss will be placed at 1.0891, which is above a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Yesterday EURUSD climbed again and passed over the area from the news. Important USD news is coming tomorrow along with greater fluctuations. Don’t rush with new entries and make sure to lower the risk on existing ones. The goal remains a breakout of the previous peak and heading towards 1,1000.
Hello traders I am long EURUSD at market. SL: 107918 TP: 1.10372 I am only sharing my trades, not a recommendation to enter the markets.
The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD rebounded from the demand zone. It formed a long tail from the suppot level, indicating a level of rejection. It took out the previous week's lows and moved upside. The market, as you can see, broke above the key level at 1.08000. I think the market might move sideways because the...
🔨 EURUSD is breaking the 🔴 Resistance zone($1.0848-$1.0840) 🔴. 🌊According to the theory of Elliott waves , EURUSD seems to have completed the corrective waves and is now ready for the next five impulsive waves . 🔔I expect EURUSD to go UP at least the 🟣 Yearly Pivot Point 🟣 after breaking the Resistance line and ⚔️ Attacking ⚔️ the upper Resistance...
London session markup,I guess eurusd can go to make another bullish bos this week