HELLO TRADERS!!
As i can see this pair trading above the trend line and the weakness of DXY is going to move till design levels only .... our Risk rewards are great lets see what market brings
we need ur thoughts in comment session on this pair so it help us all be a profitable traders
stay tuned for more updates
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support line of the pennant and made a strong upward impulse to the resistance level, which coincided with the seller zone, thereby breaking the 1.0930 level. After this, the price made little correction and then continued to move up to the...
EU is currently on a uptrend on the weekly and looks like it can continue to push up. TP1 is a 100 pips and TP2 is 300 pips. This all depends on what the DXY do this week, it currently sits on a major resistance right now. If it blow past it can easily go to 104 area.
I'm thinking CPI (Jan. 11th) is bearish and EU recovers to the upside. This is my first published idea and complete chart analysis for a long position I will be taking for the next week. I have been trading for a short time and I taught myself completely everything I know. I hope this inspires someone or leaves an impression. This is not advice! Just my...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
When price started to decline in falling channel, it fell to support line, breaking $1.0900 $1.0780 levels.
But soon, EUR made upward impulse from this line to $1.0900 level, breaking $1.0780 level again, exiting from channel.
Next, price broke $1.0900 level too,...
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.0948
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0965
About Used Indicators:
By the very nature of the supertrend...
The EURUSD pair has had a strong rejection last time we looked at it on the 1D time-frame (December 28 2023, see chart below), getting rejected exactly on Resistance 1 (1.1151) towards the 1D MA50 (blue trend-line), which is so far holding:
This is basically an update to this. We are on the exact same moments as August 11 2023, May 12 2023 and February 13...
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURUSD pair price action which suggests a high likelihood of a coming move up.
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Price has been sideway inside channel for a week.
Let's wait for the breakout and look for entry.
Trading is react, not predict. For now that we can do is waiting.
FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD FX_IDC:EURUSD
EUR/USD Navigates Volatility: Dollar Strength and Market Dynamics
The EUR/USD pair encountered downward pressure, reaching around 1.0940 during the European opening session. This decline can be attributed to a resurgence in the US Dollar Index amidst a thin-volume trading session marked by increased volatility due to the extended weekend in the United States in...
EURUSD
New forecast
The EUR/USD pair made an attempt to break the 1.0928 level, but was unable to hold below it yet, remaining confined between this support and the 1.0985 resistance. Therefore, we continue our neutrality until the price is able to confirm crossing one of these two levels to determine its next destination more precisely.
We point out that...
