Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)
By checking the EURUSD chart, we can see that the price, based on our analysis, first had an upward movement to 1.10800 and then it was accompanied by an attractive drop and has been able to correct up to 1.092, that is, more than 160 pips of yield, but be careful. It is still the first of the year and the market is still accompanied by price manipulations, so...
Last week the dollar was mostly weak with DXY currently sitting at the 101 area and is about to test the key 100 level most likely after last week's much worse-than-expected Chicago PMI which came at 46.9 versus the expected 51 which was already far lower than the previous 55.8 and now sliding in the below 50 contraction zone. Another negative for the dollar...
With the new review of the Euro/Dollar chart in the 12-hour time frame, we see that the price has fallen after entering the specified supply zone, and the close price of last week is 1.10375! The important supply zones are 1.10840 to 1.11400, 1.11495, 1.11930 and 1.12270 to 1.12800 respectively! The demand ranges are 1.10200, 1.09780, 1.08890 and 1.07720 to...
Entry-1.09500 TP-1.08733 SL-1.09764 The correction seems strong so the safest bet is shorting this pair. Watch out for the news this evening.
In the previous analysis, we expected the price to reach at least the daily zone and expected a price reaction from Aja. But the price fell close to the main area and started to fall from there. Considering that we have not yet reached the main area, the price can continue its upward trend by gathering liquidity below the 4-hour area until it reaches its main...
im waiting on a pull back to fill that 1hour fair value gap then look to short. overall bias is short.
The euro has steadied on Wednesday after sustaining sharp losses a day earlier. In the European session, EUR/USD is trading at 1.0932, down 0.08% and its lowest level since December 21. The US dollar has been struggling in recent weeks but came flying out of the gates on Tuesday, the first trading day of the New Year. The euro fell 0.88% against the dollar, its...
Hello, According to my analysis of the EURUSD pair, the pair seems to be in a very negative state. With the break of the ascending channel with a large red candle indicating the strength of sellers. The strong support at 1.10000 level was broken. All of these factors confirm that we will witness further declines in the coming days. Good luck everyone.
Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.096. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.089...
EUR/USD Smart Money Concept Buy Signal, Support line H4
at the moment FOREXCOM:EURUSD had failed to break major high and major low, but seems to take on a change of character in the process of a liquidity sweep towards the most recent order block. This could result in a brief range, or choppy market for an unknown amount of time, so I will be waiting until the market clears up before placing any trades. Higher...
Liquidity for purchase and reaching the purchase range
Today, we will analyze EURAUD Euro just took strong liquidity zones in higher time frames and the weakness in the bearish trend made me think about buy setups Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section. Please note that this analysis is not intended as...
I expect eurusd to bounce from this zone and possibly make a new high to continue its uptrend this year! Let me know what you think!
Currently holding this 4H demand price used to create last years highs. Also have a handle on our 4H. Waiting on lower time frame conformation before getting in on longs here as markets are slow and would like to see the extra confluence before trying to hold for time.
EURUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURUSD Entry Level - 1.0951 Sl - 1.0921 Tp - 1.1008 Our Risk - 1% Start protection of your profits from lower levels
Dear Traders, Price going up to retest (Trend line), 1.1000 Area Find bearish candle to take sell position Don't Forget to like&Comment please ! Regards, Alireza!