EUR/USD is striving to hold above 1.0750 despite extending its upward momentum to the day's high at 1.0800. The strength of this currency pair is being supported by weaker-than-expected US NFP report, fueling expectations for an early interest rate cut by the Fed. Meanwhile, in the Eurozone, attention is focused on the European Central Bank (ECB), with many...
The EURUSD is exhibiting a bearish sentiment on the weekly timeframe; nevertheless, there is a noticeable robust bullish trend observed on both the daily and the 4-hour timeframes. Notably, we witness a pronounced reaction at the weekly levels identified as resistance on the chart. Furthermore, we have identified a daily support level, marked as a potential target...
Hello,Traders! EUR-USD is already Making a move down From the falling resistance So I am locally bearish biased And I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EUR/USD continues to maintain its upward momentum as it surged to the 1.0800 level in Friday's US trading session, reflecting the weakness of the US Dollar following weaker-than-expected Non-Farm Payrolls (NFP) data. Meanwhile, the ISM Services Purchasing Managers Index (PMI) data for ISM services in April also fell short of expectations. This fuels expectations...
I do not provide personal investment advice and I am not a qualified licensed investment advisor. Do not take any trade based on this, it is my personal opinion. The price last did not stay long below 💲1. I do not see it above $1.15. No way.. never! Whatever they gonna call it.... Do not believe them! , It have been printed in this chart for numerous years (...
EUR/USD clings to gains above 1.0750 after US data EUR/USD manages to hold in positive territory above 1.0750 despite retreating from the fresh multi-week high it set above 1.0800 earlier in the day. The US Dollar struggles to find demand following the weaker-than-expected NFP data. The Relative Strength Index (RSI) indicator on the 4-hour chart stays above 50...
Hello dear traders! Overall, further recovery in the US Dollar (USD) drove EUR/USD to build on Tuesday's pullback and reach the 1.0730 area, or three-day low on Wednesday . That said, spot extended the recent rejection from the 1.0800 peak. Looking ahead, relatively weak economic fundamentals in the Eurozone, combined with the resilience of the US economy,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to downward wedge, where it broke $1.0850 level and fell to support line. After this movement, EUR turned around and made upward impulse to resistance area, exiting from wedge pattern. But soon, price exited from resistance area,...
After the recent news reports, the market rolled back to the consolidation zone. Now, it's heading towards a significant resistance level, but it's not looking likely to break above Monday and Tuesday's highs. In fact, I think FX:EURUSD will likely bounce back and fall, as the market has been stuck in a range for some time. On the 4-hour chart, the price is...
How to Use Liquidity Zones and Liquidity Voids in Trading Navigating the forex market demands a keen understanding of liquidity dynamics. This article delves into the critical concepts of liquidity zones and voids, offering traders insights into identifying areas of high trading activity and potential price gaps. Understanding Liquidity in Trading In trading,...
EURUSD has presented a critical low as price trades inside an hourly FVG. From here price is presented with a bullish bias targeting previous equal highs at 1.0782.
EURUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURUSD Entry - 1.0777 Sl - 1.0814 Tp - 1.0711 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The EURUSD price surpassed and closed above an important horizontal resistance last week. This broken level has now become a support, and the market is currently retesting it. I anticipate a bearish trend to continue, with the next target likely being the resistance of a descending trend line.
Here is my latest structure analysis and important key levels: vertical and horizontal supports and resistances for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hello Traders , Upon reviewing the EUR/USD chart in the 2-hour timeframe, we observe that the price was able to rise to 1.075 and then underwent a correction, penetrating below 1.0678. Consequently, after a liquidity collection, it encountered demand again! The upcoming supply zone ranges from 1.07260 to 1.07530, and we can monitor the price reaction within this...
eurusd is moving at 1.07822 and has almost touched its resistance level the daily moving average in RSI has also showing over bought and EURUSD is also looking for support level
FX:EURUSD is facing strong support at 1.0600. A rebound and counter-trend correction within the downtrend is forming. Traders are waiting for Friday's NFP Globally, the currency pair is in a bear market phase. There is a strong struggle for the 1.0700 area, especially ahead of Non Farm Payrolls, which may determine the medium-term outlook. Traders expect the...
Market Analysis PT2/2 (9th May 2024) EURUSD Analysis On the 4 hour Timeframe, price is approaching a structural high created on the 7th of May. During london, I will be actively looking for price to sweep the structural high before a short term down trend into the Bullish 4 hour FVG. Once price does tap into the 4 hour FVG, I will be looking for a 15 minute...