Examining the trend in the 15-minute time frame, it seems that the EUR/USD has crossed the resistance of the triangle pattern in the range of 1.0724-1.0717, and now, due to the increase in the moving averages of the ALLIGATOR indicator, it can reach as high as the base of the triangle. 200% Fibo resistance at $1.0778 will increase.
Hello everyone, Brian here! Expect EURUSD to continue its downtrend: The pair has completed its retracement to the 0.5 Fib level and successfully tested the EMA 34 zone. Technical analysis conditions, along with the ongoing long-term trend, favor the sellers. Happy trading, and don't forget to like and comment if you enjoy this analysis!
EURUSD has confirmed a hourly channel breakout on the lower boundary, which is likely to create another downside momentum in the near future targeting the bottom level of support. Here we expect a decent 50-70 Pips worth of profits with a short entry.
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to move up inside an upward channel, where it at once rebounded from the support level, which coincided with the buyer zone and made a downward movement. Euro a little more time traded between the 1.0650 level and later finally...
We are exploring the possibility of a sell here because of the retest that resistance there and we are also seeing a broken flag that has also retested. Trade safely.
This is my Intraday analysis on EURUSD for 2 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Market sentiment is mixed following the Federal Reserve meeting and Powell's speech. The US dollar initially strengthened after the Fed, but then weakened as...
I was thinking it wouldn't break lows before pushing higher but now im almost certain that's tha case. Once news is done we should be clear to go higher after this push down
Hello Traders ! Previously, The EURUSD Price Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (1.07431 - 1.06950) . This Support Level Becomes a New Resistance Level. So, I Expect a Bearish Move 📉 ------------ TARGET: 1.05755🎯
The pair has managed to stage a rebound from its 2024 lows and reacts positively to today’s preliminary data from Eurozone, which showed Q1 GDP expansion and persistence in headline inflation. As such, the common currency continues its effort to surpass the pivotal resistance confluence, provided by the EMA200 and the 38.2% Fibonacci of the March-April slump....
EURUSD trended lower on Thursday after an unsuccessful attempt to clear the resistance at 1.0725, with prices moving back towards the 1.0700 handle. Traders should closely monitor this support area in the coming days, as a break below it could trigger a pullback towards 1.0645 and potentially even 1.0600. In the event of a bullish reversal from current levels,...
EURUSD is correcting between trend lines within an ascending channel. The price chart has twice formed a bearish takeover after reaching a local top. We expect a correction within the current channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR USD buys first entry here at 1.0682, if price drops to 1.06301 we add more buys, target highs of 1.07552. Use proper risk management. Lets get it fam.
EURUSD The numbers and areas mentioned on the chart are based on breakthroughs or consolidation on them with four-hour and hourly candles. Do not risk more than 1.5% of your capital. Good luck!"
This is my Intraday analysis on EURUSD for 1 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment A day the markets awaits loaded with high impact news events. Starting with US ADP, Manufacturing PMI, JOLTS Job Openings and ending with Rate Decision and...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.0685, which is an overlap support. Our take profit will be at 1.0791, a pullback resistance. The stop loss will be placed at 1.0630, which is a swing-low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
do take the trade with good money mangement and dont get panic as you have a good rr and not exceed trade after 24 hours
Hello,Traders! EUR-USD broke out of The bearish flag pattern And the breakout is Confirmed so we will Be expecting a Bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Till weekend after pullback to AOI as shown Keep your risk management Safe trades