EURO FX Futures ( 6E1! ), H4 Potential for Bearish DropTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 1.07670
Pivot: 1.05085
Support: 1.03315
Preferred case: Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head back down to break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Alternative scenario: Price may head back up towards the 1st resistance line at 1.07670 where the previous swing high is.
Fundamentals: There are no major news.
6E1!
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.07935
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish. To add to this bias, the price is currently above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where the previous swing high is.
Alternative scenario: Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.07935
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where the previous swing high is.
Alternative scenario: Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.07935
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where the previous swing high is.
Alternative scenario: Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.07935
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where the previous swing high is.
Alternative scenario: Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.07935
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where the previous swing high is.
Alternative scenario: Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
S&P in EUR present Wyckoff distributionS&P (in this chart ES futures) divided by EURUSD (in this chart Euro futures):
The whole of 2022 could be Wyckoff distribution, now entering Phase C, the shortest phase.
To confirm the pattern and continuation to phase D, look for:
Fed hike less aggressively in 2023
ECB hike more aggressively in 2023
A move up in EUR (a move down in DXY)
A move down in ES/SPY/SPX
ideally no later than the end of December.
Motivation:
European investors are likely overweight US stocks in 2022.
It is important to understand the price of S&P 500 in EURO as it is the cheaper currency to borrow.
Macroeconomic trends suggest distribution rather than accumulation.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.06680
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.06680 where the previous swing high and 38.2% Fibonacci line are located.
Alternative scenario: Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.06680
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly break the pivot at 1.05085, where the previous high is before heading towards the 1st resistance line at 1.06680 where the previous swing high and 38.2% Fibonacci line are located.
Alternative scenario: Price may head back down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.06680
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly break the pivot at 1.05085, where the previous high is before heading towards the 1st resistance line at 1.06680 where the previous swing high and 38.2% Fibonacci line are located.
Alternative scenario: Price may head back down towards the support at 1.03315, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.06680
Pivot: 1.05085
Support: 1.03315
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly head towards the 1st resistance line at 1.06680 where the previous swing high and 38.2% Fibonacci line are located.
Alternative scenario: Price may head back down to retest the pivot at 1.05085, where the previous high is.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.05090
Pivot: 1.01315
Support: 1.03600
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly head towards the 1st resistance line at 1.05090 where the previous swing high is located.
Alternative scenario: Price may head back down breaking the support at 1.03600 where the 161.8% Fibonacci line is before heading towards the pivot at 1.01315, where the previous swing high is located.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish ContinuationTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1.05090
Pivot: 1.01315
Support: 1.03600
Preferred case: The current bias for 6E1! on the H4 chart is bullish. To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly head towards the 1st resistance line at 1.05090 where the previous swing high is located.
Alternative scenario: Price may head back down breaking the support at 1.03600 where the 161.8% Fibonacci line is before heading towards the pivot at 1.01315, where the previous swing high is located.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish RiseTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 1.05090
Pivot: 1.01315
Support: 0.99625
Preferred case: The current bias for 6E1! on the H4 chart is bearish . To add to this bias, the price is currently crossing below the Ichimoku cloud , indicating a bearish market. If the bullish momentum continues, expect price to possibly head towards the 1st resistance line at 1.05090 where the previous swing high is located.
Alternative scenario: Price may head back down towards the pivot at 1.01315, where the previous swing high is located.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bearish DropTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 1.03965
Pivot: 1.01315
Support: 0.99625
Preferred case: The current bias for 6E1! on the H4 chart is bearish. To add to this bias, the price is currently crossing below the Ichimoku cloud, indicating a bearish market. If the bearish momentum continues, expecting price to possible head towards the pivot at 1.01315, where the previous swing high is located.
Alternative scenario: Price may head back up towards the resistance line at 1.03965, where the previous swing high and 161.8% Fibonacci extension line are located.
Fundamentals: There are no major news.
eurusd daily : dont pick sell ,looking for buy in 1.010 and holdin 1-3 day eurusd can go down but we are in start of up trend , dont sell and wait above green arrow pick low size buy and hold it 20-30 day minimum to 1.0000
personaly i belive eurusd main trend will go up ,,, upper long term target is fibo61 :1.12222 so strongly advice dont pick sell, looking for buy in deep and hold to new high
wish you win
EURO FX Futures ( 6E1! ), H4 Potential for Bullish MomentumTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.06680
Pivot: 1.01265
Support: 1.03965
Preferred case: The current bias for 6E1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. If the bullish momentum continues, expecting price to possible head towards the resistance at 1.06680, where the previous high and 38.2% Fibonacci extension are located.
Alternative scenario: Price may break the support line at 1.03965, where the 161.8% Fibonacci line is, before heading towards the Pivot at 1.01265, where the previous swing high was.
Fundamentals: There are no major news.
EURUSD daily : trend will be up to 1.09000eurusd try touch fibo50 near 1.09000
for coming days eurusd little can go down but trend will +up and technical say it can go to fibo61 1.120000
so above green arrow on chart,after pinbar come on higher timeframe 1h-4h-daily chart dont fear pick buy and hold it 30-40 day to fibo50 near 1.09000
strongly advice dont pick sell and looking for buy in deep
wish you win
EURO FX Futures ( 6E1! ), H4 Potential for Bullish MomentumTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.06680
Pivot: 1.01265
Support: 1.03965
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud and breaking the descending trendline, indicating a bullish market. If the bullish momentum continues, price may head towards the resistance at 1.06680, where the previous high and 38.2% Fibonacci extension is located.
Alternative scenario: Price may break the support line at 1.03965, where the 161.8% Fibonacci line is, before heading towards the Pivot at 1.01265, where the previous swing high was.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish MomentumTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.03825
Pivot: 1.02450
Support: 1.01285
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud and breaking the descending trendline, indicating a bullish market. If the bullish momentum continues, price may head towards the resistance at 1.03825, where the previous high and 161.80% Fibonacci extension is located.
Alternative scenario: Price may retrace downwards and head towards the 1.01285 support level, where the previous swing low is located.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish MomentumTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.01990
Pivot: 1.00020
Support: 0.98980
Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud and breaking the descending trendline, indicating a bullish market. If the bullish momentum continues, price may head towards the resistance at 1.01990, where the previous high and 100% Fibonacci projection is located.
Alternative scenario: Price may retrace downwards and head towards the 0.98980 support level , where the 61.8% Fibonacci line is located.
Fundamentals: There are no major news.
EURO FX Futures ( 6E1! ), H4 Potential for Bullish MomentumTitle: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.01990
Pivot: 1.00020
Support: 0.98980
Preferred case: The current bias for ZS1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud and breaking the descending trendline, indicating a bullish market. If the bullish momentum continues, price may head towards the resistance at 1.01990, where the previous high and 100% Fibonacci projection is located.
Alternative scenario: Price may retrace downwards and head towards the 0.98980 support level, where the 61.8% Fibonacci line is located.
Fundamentals: There are no major news.