EURUSD is in a downtrend channel on the daily and weekly timeframe. Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10. The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and...
EURUSD on the 1D tf is bearish. Price needs to fill the imbalance and take the trendline liquidity. i'll observe the 1hr tf for bearish confirmation before taking a sell trade
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to trades inside the downward channel, where it at once rebounded from the support line and then started to decline. In a short time price fell to the resistance level, which coincided with the seller zone, some time traded near and then...
Raid above the buyside is done, heading down to the CE , let see how the reaction is over there , if it doesnt hold , then it is likely heading to the double bottom , the thursday low and previous friday low. , but overall , it is bullish idea
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...
EURUSD bearish setup.look for sell opportunities only. Follow us for more forex signals
Take a look at our analysis for EURUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.073. Considering the today's price action, probabilities will be high to see a movement to 1.076. P.S We determine oversold/overbought condition with RSI indicator. When...
Hi folks today I'm prepared for you Euro analytics. Some days ago price traded inside consolidation, very close to the resistance level, which coincided with the resistance zone, after which rebounded up to the top part of the consolidation. EUR some time traded and then declined to the 1.0825 level, and soon broke it, thereby exiting from consolidation too. After...
My dear followers, This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0772. Bias - Bearish Safe Stop Loss - 1.0812 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0717 About Used Indicators: For...
The overall market trend is bearish staring at the weekly timeframe. price been showing alot of compression on the hourly timeframe which is an indication of low buying pressure. looking to take a short trade at the mitigation of the 2hr ob.
1W - the weekly timeframe is in a short context. It would be desirable to see liquidity withdrawal around 1.088 to confirm the short order flow. Also, if the price closes above 1.088, the context will change to long. However, the main target remains at 1.045.
Current analysis of EUR/USD reveals a robust short opportunity as the pair encounters significant resistance near the 1.0780 level, corroborating previous structure highs. Anticipating a pullback, I have entered a short position. The strategy is anchored by a decisive take profit point at the 61.8% Fibonacci retracement level at 1.0749, which historically...
This strategy name SMC , actually Im not using this strategy. But if it true ... “In order to succeed, you first have to be willing to experience failure.” “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” “You become fearful the moment you identify with fear. But once you...
On 4h scale, bearish reversal is being experienced as previous LL has been breached, therefore, taking trades as per prices depicted on Price chart.
Euro dollar has still not been able to achieve a meaningful increase in price action. I continue with short positions.
EURUSD technical short,also i need all the market participants that are willing to open even the smallest leveraged position eurusd short to DM-me and let me know about that they shorted eurusd at this moment.
OVERALL TREND:📈 BULLISH (1HR) Note: Above this price movement is daily supply zone that price has not reached yet. Price is experiencing some sort of a pause as we see ranging markets afyer price broke higher from nfp release We have a fresh demand zone below that broke structure correctly after reaction to daily demand zone. Checklist: Break of structure...
Bearish Indications - Strong Resistance at 1.0860 - 50% Fib. Retracement at 1.0860 - Trendline Resistance at 1.0840 - Time previous pullback took to end completes at 1.0860 - Non-Regular Divergence on RSI Bullish Indications - Higher Highs and Higher Lows - Bullish engulfer - Retest of Support at 1.0730 Bias: SHORT PLAN Waiting for price to reach...