Today's focus: EURUSD
Pattern – Continuation (Bullish)
Support – 1.0794
Resistance – 1.0855, 1.0896
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the EURUSD on the daily chart.
Will we see the EURUSD set off on a new continuation higher? Bulls have broken the downtrend and formed a higher low. We have a trigger bar, but we...
The weekly candle will do 1 of 2 things today.
It will 1) pull up and continue our bullish momentum from last week ( which is quickly becoming distant)
or 2) Retrace back down towards 1.074 weekly level which we bounced strong off last week with optimistic Cad data as our catalyst
0:0 Intro Monthly/Timeframe
0:58 Daily timeframe
3:43 Weekly timeframe
5:43 4Hr...
I love how uniform FX:EURUSD daily price action is looking.
We are currently trading at the upper displacement daily FVG with Thursday being the day we witnessed an explosive run up to 1.08884 before closing inside of the range of previous daily candles.
1.07963 is in the air for short targets.
My philosophy is simple...
Fortify Michael J Huddlestone's...
Hi traders,
I will be posting some of my trades on the_leap competion. I basically look at the wave structure of the market and decide trades based on the information we get from the price.
Here is my first trade on the #EURUSD currency pair.
Let me know what you think guys.
Trade safe.
Trade Idea Journal
- From Daily, price struggling to push higher with conviction
- Swept Wednesday High
- And 4H created bearish FVG's
- If Price wants to move higher on the Higher time frames, the only logical place for me is the Daily FVG or the Breaker Support
- The short is based off 4H Bearish FVG, which created a 1H FVG
- Looked for 1min Entry. 1min...
This is my SMC Analysis on EURUSD. On Daily time-frame, market showed strong bearish reaction after mitigating the Shadow of Wick. However, After mitigating the OB, market has given a CHoCH on 4Hour time-frame. So, in this case, I have identified 2 areas of interest from where traders may expect BUY Orders.
EURUSD analysis
Change bias:
EURUSD is falling to weekly lows and near the key MA level on the 4-hour chart
EURUSD is nearing the 100 moving average on the 4-hour chart at 1.07908, and in the process it is touching a subset of moving averages including:
200 day moving average 1.08256
100-day moving average 1.08134.
Prices are also moving below a swing zone up...
2 Hours after London Close 2/28/24.
Eurusd we observed a wild day of volatility as a large 50 pip bearish move during london session was duly corrected by a Bullish New york session. Price moved away from our Daily resistance level 1.0885 today and pulled back as the monthly candle comes to a closure. This is not abnormal to observe when the monthly candle...
Eur/Usd happily continued it's acscent and bullish market structure played out nicely . Anticpating this bullish move back to retest the high created from last week (1.08566) has been modest. It is possible that we may continue to the upside and retest other key price levels such as 1.08722 and 1.0888. If price breaks below 1.08428 we may drop back into a range...
