EUR-USD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up !
This is my Weekly analysis on EURUSD for 13-17 May 2024 W20 based on Smart Money Concept (SMC) which includes the following: Market Sentiment Weekly Chart Analysis Daily Chart Analysis 4H Chart Analysis Economic Events for the Week Market Sentiment The narrative surrounding the monetary policy divergence between the Fed and the rest of its G10...
broke the ascending triangle. taking position at market price or 1.08135
Euro dollar has still not been able to achieve a meaningful increase in price action. I continue with short positions.
Market Analysis: EUR/USD Sees Green EUR/USD is slowly gaining traction above the 1.0800 level. Important Takeaways for EUR/USD Analysis Today The Euro started a decent increase above the 1.0750 pivot level. There is a key bullish trend line forming with support near 1.0800 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the...
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Idea for EURUSD (SWING POSITION) Entry: 1.07901 (or 1.0800 Optimal) TP:1.06500 SL:1.08575
Based on the strong bullish move observed in the US news market, particularly with positive figures in Core CPI, Core Retail Sales, and CPI, as well as a notable increase in CPI y/y, it's reasonable to anticipate a bullish sentiment for the USD. The Empire State Manufacturing Index, however, showed a slight decrease. In light of this, we could expect any...
We can see EUR/USD forming a beautiful downtrend on the daily timeframe. We have an area of support and resistance marked as well. We can see that the price has somewhat reacted to the trendline as well as the area marked. With the CPI news coming out will see how it reacts to this trendline.
hard days for my bearish plan. even my scalping hit SL, haha let's move on and find a new signal. i know that we are in the midle of downtrend, but i see no confirmation to take short instead, i foūnd an ABCDE pattern that is a sign of continuation. i personally think of buy next week. wish me luck!
I still think the head and shoulders are formed on the daily time frame And after the failure of the lower line of the right shoulder, pullback has happened And I expect to see a downward trend this week If 1.0723 breaks, I expect 1.0693, then 1.0644 and 1.0609 And otherwise, if it breaks 1.0830, it is an upward move (which I consider weak). Monthly time frame: -...
I think Euro usd will go for short now. I am expecting a deep drive to the short position for a week. So I will take a trade on short position and I am also suggesting to all.
Reacting from price imbalance with a corresponding market shift after hitting some orders at 1.07850.
Bar D1 increased yesterday with a wide range, had a lower shadow and closed close to the top, showing very good buying pressure during the day. More importantly, this D1 bar closed above the previous Inside bar pattern, creating an upside breakout that could be the price action that gives EURUSD D1 additional upward momentum. However, structurally, EURUSD D1 is...
sell e/u breakout of a berish triangle is a box down there a 4h fvg it may will hit till down there
The trend is your friend until it ends. As you can see EURUSD is still on a down trend.
There is a chance of resistance being broken soon on EURUSD to buy. With CPI today, EURUSD could rally up to 1.084 or higher. TP: 1.084 or above
On Thursday, the EUR/USD pair experienced a slight decline and held steady into early Friday, hovering around the 1.0850 mark as the U.S. dollar gradually recouped its losses from earlier in the week. Despite this minor pullback, the currency pair has still seen a notable increase over the trading week, preserving its upward price trajectory. As long as buyers...