Hello,Traders!
EUR-USD went down and
Is trading close to the
Horizontal support level
Of 1.0794 from where
I believe we will be expecting
A further move up
Buy!
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This idea is based on a new strategy that I have been working on and due to the HTF trend bias as a confluence, I believe that with use of the fibonacci and the area with regards to the shift of structure, I'd be looking at shorting this pair. This is hypothetical and I'm not a professional trader, I just like charting and use this as my trading journal :)
EURUSD struggled to break the resistance at 1.086 and has started to retract. The tepid rise of the US Dollar has led to a defensive risk sentiment, contributing to a modest pullback of EUR/USD to the 1.0830 region amid growing caution ahead of the US PCE release on March 29.
From a technical analysis standpoint, the path forward for this currency pair seems...
One way to be successfull is to understand the higher highs(HH's) and lower lows(LL's), other to understand concepts to go along with like liquidity and imbalances, but the most underestimated learning is looking at what happing your chart and knowing whats happening like what i did in this picture, when you think you are ready after watching 20 youtube videos,...
This is my Intraday analysis on EURUSD for 27 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
Swing Pullback Phase
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of...
EURUSD looks like have find it self Support and needs to go up to fill some unfinished business before they DUMP again
My target as seen on the chart but will update along the way if there is any changes
And as always comments always welcome
Thanks for checking
Hello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Tuesday's High peaked around Post New York/London overlap which is usually when pricing algorithm are dormant and the algorithmic spooling is meek.
Price action resumed on Wednesday Post Frankfurt to take out Tuesday's Post-New York Session high before gunning for Monday's Post Frankfurt Session Low or Pre New York Session Low.
Time and Price is play, a worthy...
Hello traders, I want share with you my opinion about Euro. If we look at the chart, we can see how the price some days ago started to trades in a downward channel, where it first rebounded from the support line and rose to the 1.0940 resistance level, which coincided with the seller zone. Soon, the price broke this level, and some time traded in the seller zone,...
Here is my latest structure analysis and
important key levels to watch on EURUSD.
Resistance 1: 1.0840 - 1.0865 area
Resistance 2: 1.0922 - 1.0943 area
Resistance 3: 1.0964 - 1.1000 area
Support 1: 1.0785 - 1.0805 area
Support 2: 1.0695 - 1.0709 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
Preferred direction: BUY
Comment: Despite the significant strengthening of the US dollar , we will be more buy-first in the coming weeks. The prospect of a purchase is planned within 1–2 weeks , that is, we are dealing with a medium-term trade.
At the beginning of the week, we highlight two scenarios, where scenario №1 assumes a slight update of the local...
Since the March 8th touch into 1.09485 Weekly level, we have depreciated 146 Pips on Eur/Usd. In Today's analysis we break down the most important News events of March 24'. These include NFP, CPI, and Interest rates. All of these news events have played a significant role in the downside movement we can observe on EurUsd across the past 2-3 weeks. Leave a rocket...
