🏃♂️ EURUSD is moving in the 🟢 Support zone($1.0695-$1.0626) 🟢, but I expect it to be broken based on the explanation below 👇. 🌊According to the theory of Elliot waves , EURUSD seems to have completed the Double Three Correction(WXY ) in the 🟢 Support zone($1.0695-$1.0626) 🟢. 📈Regarding Classic Technical Analysis , EURUSD has successfully formed an ...
Hey Rich Friends, Happy Wednesday! I wanted to share one of my top 3 favorite indicators with you.... The Stochastic (STOCH). As a leading (vs lagging) indicator, it is perfect for beginners because you can find entry and exit signals with only a few key details. Adding the STOCH to your chart: 1. Search the indicators for "STOCHASTIC" and click once to...
The European Central Bank is poised to initiate interest rate reductions in June, potentially leading to a further weakening of the Euro in the coming weeks. In contrast, rate cut expectations in the US have significantly diminished since the end of last year. Financial markets now anticipate, at best, a maximum of two 25-basis point cuts in 2024. Some analysts...
EURUSD is currently in a quite interesting POI as we speak to sell from. My trades are usually within 10 pip SL and will be moved to BE when opportunity is given.
Very clear SK sequence ON EUR/USD DAILY Time Frame,, Go Short When The Price Touch The 0.618 Of The Fibo...... Good Luck And Happy Trading
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price started to trades in flat, where it soon rose to top part, but at once bounced down. In a short time, EUR declined to resistance area, which coincided with bottom part of flat with $1.0810 level. Soon, price exited from flat, breaking $1.0810...
EURUSD is bearish till my golden and final zone. The EUR/USD pair is one of the most widely traded currency pairs in the world. It represents the exchange rate between the euro, the official currency of the Eurozone, and the US dollar, the currency of the United States. Traders and investors closely monitor this pair because it reflects the relative strength of...
In the daily time, it moved up after a complete 5-wave cycle, which is currently correcting the previous movement wave in a complex three-wave cycle. The last correction log after the breaking of the support area that corrected itself at 61.8 the previous wave has broken the area downwards, which is currently a resistance area for it. This upward correction wave...
The observed trend suggests a potential emergence of a hidden bearish divergence, characterized by a scenario where the Relative Strength Index (RSI) is anticipated to traverse into oversold territory while concurrently surpassing its preceding high, juxtaposed against the market's formation of a subsequent lower high. This divergence pattern typically signifies...
The price is moving sideways after a bearish week. On the weekly timeframe, FX:EURUSD formed a doji candle, indicating indecision in the market. The price has broken through the important zone at 1.07000 - 1.072000. Most likely, the price is going to trend downward towards the demand zone 1.05000–1.05500. I think the market will make a pullback, taking...
The price perfectly fulfilled my previous idea. It hit the target zone. FX:EURUSD rebounded from the support level at 1.07100, and it's heading towards the next resistance zone. On the daily timeframe, we have a bullish move followed by a doji candle. This suggests the price might rise because the market broke the structure and made a higher high. The market, as...
Hello everyone! I shared a buy opportunity on FX:EURUSD earlier today that got stopped out unfortunately but I think everything happens for a reason and we managed to get a entry even lower for a better possibility to catch the reversal. This trade gonna require a lot of mental and patience however my positions are in BE and login deleted on metatrader....
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I wait price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block + institutional mid figure 1.08500. Fundamental news: Upcoming week is...
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in the risk mood after the previous flight to safety weighed on the US Dollar ahead of the weekend and helped the pair move higher. The driving force for recovery was the selling pressure on the USD when the DXY index dropped to 105.78. However, the bullish outlook for...
EURUSD is currently exhibiting a downward trend. Economic factors: Weakening economic data from the eurozone, such as slowing GDP growth, rising unemployment, and declining manufacturing activity, could be weighing on the euro.
FX:EURUSD EUR/USD trades in a tight range above 1.0700 in the early European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground.
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
The price perfectly fulfilled my previous idea. The market literally went down and hit the target level. FX:EURUSD is heading toward the strong resistance zone between 1.07300 and 1.07600. If the price rejects the resistance, then we can expect the price to move to a to a lower level. However, if the market breaks through the resistance zone, we expect the price...