EUR/NZD could fall towards a multi-swing-low support and potentially bounce off this level to climb higher. Buy entry is at 1.7860 which is a multi-swing-low support. Stop loss is at 1.7830 which is a level that lies underneath a multi-swing-low support. Take profit is at 1.7959 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement...
The EUR/USD pair benefited from modest selling pressure on the US Dollar (USD) and concluded Monday's session in positive territory. Recent days have witnessed a notable selling pressure with low volume observed in both the cross and the future of the EUR. Later in the session, the US Bureau of Labor Statistics will unveil the Producer Price Index (PPI) data for...
The EURGBP pair easily hit our 0.5 Fibonacci Target following the symmetrical Double Bottom rebound, as mentioned on our last call (March 20, see chart below): We now switch to the lower 4H time-frame as a strong sell signal emerged. The 4H RSI got rejected inside its 1-month Sell Zone and the pair that is trading within a Bullish Megaphone already reached...
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Like, comment and share my analysis with your frineds Morning Friends, EJ has a very strong bullish outlook and will most likely continue pushing up. Entry - 167.650 - 167.721 area SL 167.397 TP 168.507 Warning : trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price declined to resistance area, and then bounced up, after which made downward impulse. Price declined lower $1.0790 and $1.0650 levels, thereby breaking them, after which it started to rise in channel. Soon, price broke $1.0650 level,...
I expect to see price pump after that wild range. SL 167.030 TP 168.010 Make sure to apply proper risk management. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below...
The EURUSD pair completed on Friday its first Golden Cross on the 4H time-frame since February 29. Technically that is a bullish pattern but we are only willing to treat it as a buy opportunity if the pair closes a 4H candle above the Lower Highs trend-line). If it does, we will most likely have a bullish break-out like March 06 towards the 0.618 Fibonacci...
EURJPY leaves clear bullish clues, after a breakout of a solid intraday resistance last week. After the violation of the underlined structure, the price started to consolidate within a horizontal range. Bullish violation of the resistance of the range this morning is an important bullish confirmation. We can expect more growth now. Next resistance - 186.5 ...
The EURHUF pair gave us a strong sell signal last time we made a call on it (October 13 2023, see chart below) as it made the bearish break-out below the Triangle and breached through Support 2: The price is now approaching the 1D MA200 (orange trend-line), which has been supporting since January 17. The short-term pattern is a Channel Down, a Bearish Leg...
As We Talked in The Previous Analysis: The Price Has Pulled Back to The Resistance Line. Currently, The Market Created a New Higher Low. So, Let's Expect The Bearish Scenario: if The Price Breaks The Higher Low and Closes Below That, We Will See a Bearish Move📉 _________ TARGET 1: 1.06670🎯 TARGET 2: 1.05755🎯
As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . On Friday 3 May, The Price Has Pulled Back to The Resistance Line. So, Let's Expect The Bearish Scenario : if The Price Breaks The Support Line and Closes Below That, We Will See a Bearish Move📉 _________ TARGET 1: 1.06670🎯 TARGET 2: 1.05755🎯
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Let's see , long for eurusd for me :) At the same time i am also bias to short USDCHF USDMEX (Mexican Peso) Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed...
EURUSD is in a downtrend channel on the daily and weekly timeframe. Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10. The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and...
Hi folks today I'm prepared for you Euro analytics. A few moments ago price traded in the resistance zone, which coincided with the resistance level, and then rebounded to the trend line, but after this move, it turned around and started to decline. In a short time, EUR broke the 1.0855 level and declined a little lower, but later price rebounded up to the...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price broke the resistance level, which coincided with the seller zone, made a retest and even soon rose higher. But after this, the EUR turned around and started to decline inside the downward channel, where later the price broke the 1.0860 resistance level one...
Hello Traders ! After a Huge Bullish Move, The EURCAD Reached a Strong Resistance Level (1.47460 - 1.47800) and Failed To Break it ! At The Moment, The Higher Low is Broken (Change of Character). So, I Predict a Bearish Move📉 -------------- TARGET: 1.46665🎯
As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity. In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario. So if the price reaches the bearish order block...