EURUSD 4 hour Trading Journal I anticipated that price would seek higher prices in yesterdays session and also felt Price delivered to the down side with all the news drivers. So as I noted in my journal Price took out the clean buy stops 1.07335 and the actual was1.07355 before reversing in NY session. To the PIP! WOW. I suspected that Price would gravitate...
Currently, the EUR/USD pair is indicating a favorable buy zone at the level of 1.06716. This suggests that traders may consider opening long positions at this price point. As for setting take-profit levels, traders could aim for targets at 1.06824, 1.06910, and 1.06981. These levels represent potential areas where the price could reach before encountering...
Looking for a buy on EU this morning. Just waiting for a small retracement to retest the market structure break to go long. NYK 4hr OB Daily OB Hit
We note that the Euro/Dollar is in the stage of forming corrective wave 4 We can enter into a buy deal from 1.055 levels and target 1.074 levels The second phase A buy deal from 1.066 levels and we target 1.0781 levels The third stage (main goal) is the beginning of wave 5 Entering a sell deal at levels 1.078, the targets are not specified
Welcome back to the second part of our series on hunting for trend days. In Part 1, we explored the fundamental characteristics of trend days and the essential tools for identifying them early. Now, let's delve deeper into advanced strategies for maximising opportunities and effectively managing trades during trend days. Advanced Strategies for Identifying...
Dear Traders, We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management. Remember, do your own research too, and only take...
A short term analysis of my view on EURUSD, I anticipate a short-term fall to look for the ADR Low of the day. After recovering liquidity at the PSR level and taking the Stop Losses of the Retails which are waiting for a pull back, we are looking for the lowest ones.
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 broke $1.0840 level and continued to fall near resistance line to $1.0725 points. Then EUR started to rise near support line to $1.0840 level, breaking resistance line. When Euro reached $1.0840 level, price rose a little higher, but...
FX:EURUSD On the daily timeframe, it broke the strong level at 1.07000. I think the market might pull back to the resistance zone and then move downward before the major news release. If the price makes a pullback against the main trend, there's a higher chance that the market will continue to move downward. My goal is to support level 1.06320
Economic events: USA - ADP Nonfarm Employment Change (Apr) USA - S&P Global US Manufacturing PMI (Apr) USA - ISM Manufacturing PMI (Apr) USA - ISM Manufacturing Prices (Apr) USA - JOLTs Job Openings (Mar) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference On Tuesday, the S&P 500 underwent a decline,...
EURUSD is correcting between trend lines within an ascending channel. The price chart has twice formed a bearish takeover after reaching a local top. We expect a correction within the current channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
🔔 Fed Meeting Wrap-Up: As the Fed meeting ends, focus shifts to Chair Jerome Powell's insights, crucial in the absence of new economic forecasts. Market watchers expect a cautious tone amid ongoing inflation worries. Market Dynamics: Despite global tensions and a shaky Wall Street, the dollar remains strong, supported by surging two-year Treasury yields....
Hello, guys! This is ESS team. Let's see the EURUSD 5D chart. After a long decline that began in mid-2011, It has risen again since the end of 2022, drawing a triangle pattern to determine where to go. Since triangle pattern is not yet complete, It is necessary to take a longer view. If It breaks out pattern upward and is supported by triangle pattern, It will...
Please pay special attention to the very accurate trend, and colored levels. Its a very sensitive setup, please be careful. BEST, MT
cisd and OB enty setup OANDA:EURUSD Unlock the power of precise market timing with our CISD and OB Enty strategy. This dynamic duo of technical indicators provides traders with a comprehensive framework for identifying optimal entry points in the market. The Cumulative Index Swing Duration (CISD) indicator tracks the duration of price swings, offering...
EURUSD has been on a sideways movement since last week. With major news this week, we begin to see some strength in USD as the markets grapple with economic and earnings news, likely to be not so good for the markets in general. Expecting the retracement from Monday's push downwards to the 680s and 690s range and if it holds in this area, the downward trend will...
As predicted, price went all over to 1.0650 to neutralize 15min imbalance order block having and immediate reaction. It is expected to climb to 1.0711 to collect first profit. We are just buying a pull back. On higher time frame we can see bearish pressure, once price hit 1.0711 we should look for any bearish reaction if price goes over this supply zone expect...
waiting the reaction at this zone 1.06555 to go long then short around 1.07139 if respected