4H EURUSD Chart analysis
After the USD CPI Report published on Tuesday, EURUSD hit a daily bullish orderblock and aggresively bounced to the upside.
Currently moving very slow sideways...
But has some buystops waiting to be taken out.
What is your opinion for EU for the week to come?
Bullish or Bearish?
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This is not financial...
Technical Analysis for GBPUSD on the 4H Timeframe.
Mixed feelings for the Cable for the week ahead.
As expected, Cable went to retest the 1.41800 area before heading down on Friday to the 1.41000 area.
My Personal BIAS on GBPUSD is BEARISH but ONLY after taking out the buy stops resting at the 1.42000 area, before crashing towards the 1.40700 key level.
If I will...
EURUSD SELL opportunity on the 4H Timeframe.
For this pair, there is a strong bearish market structure due to the strenghtening of the DXY (even if inflation is steadily coming in).
Multiple rejections from key levels on this time frame, with the latest from the 1.21950 area.
My personal BIAS on EURUSD for the week to come is BEARISH.
In case the price will go up...
On the Weekly chart, DXY is nearly touching the old low of 89.200 potentially reaching a historical low of 88.250. In this chart, the DXY beautifully rejected from the 78.6% level on the fib, creating a strong momentum to the downside. I expect to reach new lows as inflation in the US is still rising and the FED policy has not yet been changed. We should look on...
On the Daily Chart, the Aussie Dollar is continuing it's uptrend as seen in the weekly and monthly.
On its way up, AUDUSD took all the buy side liquidity and buy stops nearly touching the 0.78950 level before abruptly going down to find support at 0.76800.
It seems now that it is trying to reach the same 0.78950 level again, but it may be stopped at 0.78200, make...
Another perfect entry on EURUSD in the NY session for 17th of may.
DXY is still weak and continues its descent this Monday starting in the London open with the EURUSD continuing its upwards trend.
In the NY session after a healthy correction to the 78.60% fib level (1.21350 psychological level), the EURUSD should continue its way up to 1.21700 level and to...
Beautiful trade on NY session for the EURUSD on the 4H timeframe.
Initially price rejects multiple times from the 4H breaker and finally does a large move to the upside where it creates new highs.
Price is rejected from the 70.5% level (ICT OTE) and forms a large volume bullish up-candle.
Lots of equal highs. Price is expected to reach those equal highs and to...
USDCHF SHORT opportunity with absolutely ZERO RISK. No Drawdown.
Earlier the price broke the trendline to the downside, went back up to retest it and after fell strongly right to our TARGET of 0.92231 .
Pure price action and Clean chart.
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This information is NOT financial advice. This information is for...
SHORT opportunity for XAUUSD on the 1H chart.
Price is rejecting the 4H strong trendline resistance creating a shooting star candle after buyers seem to lose their strength.
Great Risk Reward of 1:7.
Price is expected to continue to the downside and reach the weekly support around 1677.75.
This Trading Idea is not financial advice! Always use good R:R ratio and...
On the 30M timeframe, GBPUSD broke out of the trendline and the resistance and after it retested it as a support.
We can expect the price to reach the next key zone of 1. 40 .
Also, if this is only a false breakout and the price comes back down under the 1.39500, we can look for a SHORT opportunity towards the 1.38850 area.
This idea is for EDUCATIONAL...