The market is nervous, giving rise to mixed signals. Whatever stance you take on the euro, it has a lot to do with gambling due to the upcoming consumer price index and the ECB. If you don't want to sink in this non-agricultural market, you can follow me
From last week's closing of the weekly candle in the center, we can conclude that this week the euro market will take advantage of last week's unbalanced levels to first move prices higher, and then we will see a downward candle.
If after a retest in the support zone, maybe we should move up and make higher highs.
✅EUR_USD price grew again to retest the resistance of 1.0739 But it is a strong key level So I think that there is a high chance That we will see a bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
With the expected rate cut and the sharp increase in retail sales data, the data is more favorable for the US dollar than other currencies, so I feel that it is still a good opportunity to buy and the US dollar will continue to strengthen.
Guys, I think early next week we'll keep going higher until we get to the first sell zone, and then maybe start going down again, or even go higher, get to the second sell zone, and then go down. We also have two extremes, one bullish and one bearish The bullish setup is that we break the red line and then we will go to the highest red box as a long-term goal. The...
If weakness in the trend is taken into account and a structure is established and the previous ceiling is broken, perhaps we can wait to buy today as EURUSD is showing signs of recovery after experiencing heavy losses in recent weeks. So far, there’s no compelling reason to be overly optimistic, but there are signs of a sharp pullback on the downside.
Have a good weekend, The euro has re-established a downtrend and I think a retest of the pre-1.06 lows is the nearest objective
Hi traders, looking at EURUSD on a annual time frame, we spotted the fair value gap that is to be retested and the potential Longs towards our 3 Months ERL. Wait for a retest then enter once you got all your confirmations.
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Hello! Dear colleagues, because I am constantly analyzing the markets with the help of wave analysis. Many colleagues ask me about it and I decided to make some tutorial posts to help you in this difficult task. I want to present this information to you in a simple and straightforward manner. Well, enough unnecessary text, let's get started! A bit of history...
👩🏻💻Hello! Dear colleagues, this is the 7th lesson on wave analysis and today we are going to look at Multiple Zigzag. We already know what a Zigzag is, so we will not look at this pattern for a long time, but just to clarify that Multiple Zigzag consists of several Zigzags. Let's get to the rules and guidelines! ✅ Rules ✅ 📍A Multiple Zigzag comprise two (or...
EUR/USD - Momentum Regime Neutral to strong The graphic allows traders to view in which phase an instrument may be in. This is subject to change as the price action develops.
FX:EURUSD LONG TERM LONG IDEA 1.0850 TP As we navigate through the complexities of the forex market, the EUR/USD pair has been a focal point for traders worldwide. With the current exchange rate hovering around 1.07 USD for 1.00 EUR1, the question on everyone’s mind is whether the Euro can strengthen to reach the 1.0850 mark against the US Dollar in...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Here is my idea for EUR/USD sells next week. W/C 28/04/24
Hello Traders, I hope you doing great. for upcoming week, I think we'll probably see an Upward trend on EURUSD and a downward correction on DXY$. if this post was helpful to you, please like and share.