If we validly break the 1.66052 level on the EUR/AUD in the 4-hour time frame, we will likely reach the 1.6830 level, from where we can consider initiating a sell position.
Finally got my TP 1 with the Friday plan, after staring at it since Friday. Oh well, now plan is to add on to the swing trade with the next bull back into the green box, which is the range 50% Ich. I'd be happy with it. I do not like the dollar. It didn't take a high while market makers were heavily selling off. So, it's like always nothing lines up great, but oh well.
The Euro dropped 0.44% on Monday, continuing its downward trend after breaking the 1.1100 support level. Expectations of an ECB rate cut on September 12 have weighed on EUR/USD. As shown on the chart, the EMA 34 is confluent with resistance at 1.10761, so traders may consider selling when the price reaches this resistance area. Additionally, the break of support...
✅EUR_USD fell down sharply But a strong support level was hit at 1.1026 Thus as a rebound is already happening A move up towards the target shall follow at 1.1045 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Now securing first tp just in case it will consolidate around , 2% is ok, stop Behind 1.10910for secure management and overall not bad last weeks news trading , stil in daily we are bearish against very bullish trend so , i do not enter trades with swing stops i scalp into bears as long as i can and aviously it will stop me out somepoint, but lets see if we get to...
EURUSD has formed a tweezer candle pattern on the weekly chart, indicating a potential reversal. This pattern suggests that the recent move may have been a false breakout above 1.1200. Since June, the pair has seen a strong bullish run, and it now seems poised for a correction. We could see a complex pullback, potentially forming an ABC pattern, as the price has...
EUR/USD Falls After US Labour Market Data On Friday, key employment data from the US was released, which proved somewhat mixed. On the one hand, the increase in jobs fell short of expectations. According to ForexFactory, the Non-Farm Employment Change figures were: → actual = 142K; → expected = 164K; → previous month = 89K. On the other hand, the unemployment...
So I got Rejection and tp 1 no add on saddly, if i get 4H Low 1.10746 rally thru , one can take it as a bullback is Over and target range low in scalp form. lets see if we find something good before weekend.
Pair Name = Gold Timeframe = D1 Analysis = technical + fundamentals Trend = Bullish Explaination :- In daily Time Gold is getting a good support expecting price 2530+. lets check the lower time frames and analyze the market deeply. H4 Time Frame Analysis :- Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish H1 Time Frame Analysis:-...
Market Analysis: EUR/USD Eyes Fresh Increase EUR/USD started a fresh decline from 1.1200. Important Takeaways for EUR/USD Analysis Today - The Euro started a fresh decline below the 1.1150 support. - There is a key bearish trend line forming with resistance at 1.1055 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly...
We have broken through previous daily highs of 1.10774. First bullish move higher. The reason is dollar bearish fundamental news. So, let's see if we get a daily bullish closing. We are still in a bullish range premium price levels. So, I want to see a few higher timeframe lower highs holding before I make up my mind to go bullish again. I'll keep you posted if we...
Hello Traders! What are your thoughts on EURUSD? Given the break of the support level, this currency pair is currently completing a pullback to the broken level. It is expected that after completing the pullback, the price will resume its downward movement toward the specified target level. If you found this analysis helpful, don’t forget to like and share...
The US Dollar Index (DXY) is showing renewed strength, climbing above the 101.70 mark after a relatively flat Monday. This move extends the momentum from last week, where the DXY gained over 1%. As the market braces for key labor data later this week, all eyes are on the August jobs report, set to be released on Friday. This report is expected to reveal a solid...
✅EUR_USD has retested a key support level of 1.1040 And as the pair is already making a bullish rebound A move up to retest the supply level above at 1.1093 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The EUR/USD pair experienced a modest recovery on Monday, with the price currently hovering around the 1.1068 mark as I write this article. This upward movement comes after the pair reversed within our designated Demand Area, highlighted by the red rectangle on our charts. However, this recovery is happening against the backdrop of limited market activity, as both...
Hi Traders! the euro dipped 0.2% against the dollar to $1.1050, It has fallen 1.3% this week, on track for its largest weekly loss since April. The euro, however, rose 2.1% in the month of August, for its best monthly showing since November 2023, with the European Central Bank still on track to lower interest rates again next month. The single currency fell to a...
Following our previous analysis of the EUR/USD pair, we observed that the price reacted strongly to our identified supply area, leading to a notable decline. Currently, the price is approaching our first take-profit target, and there is potential for further depreciation towards the 1.0900 level. This movement aligns with the positioning of retail traders, who...
So we pushing 1.11ich out of game and might just keep pushing down into my green box where is some untapped PLUS OB waiting, lets see what kind of reaction it gives us, but it could go much more down, its beginning of retracement, let see, im on scalping mode only. ill keep you updated if i see somekiind of move