BUY EURUSDToday I am monitoring EURUSD for a classing double move. I expect price to drop form here to to 1.08088 level where I have more buy entry. My stops are below 1.07900 and I target 1.08787 and above. It is important to use proper risk management and have all factors considered. I wish you all the best as we get into the second half of the year.
Buyeuro
EURJPY,🟢Bullish scenarios🟢
As you can see, the price created equal highs defined as our final target.
There are two possible scenarios.
Personally, I prefer to see the price move lower once again, and after collecting the sell side liquidity get support from the mean threshold of the order block and the midway of the bullish daily FVG, then we can look for the LTF for entry. It's a high-probability scenario.
The second scenario is a low probability, which is the price moves higher from here and leaves the sell side liquidity untouched.
💡Wait for the update!
🗓️25/03/2024
🔎 DYOR
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Fiber Push higherThe pair is trading in a sideways triangular area,
that doesn't mean it is a golden opportunity to buy , but this is the scenario in which i prefer to go long and target 100% Fibonacci expansion.
excluding Job reports some bad figures are showing up in the United states when it comes to industrial and services growth... thus meaning same/slower pace of tightening.
Euro pair might benefit from any US rate hike that is already discounted in the market. ( 76bps or less).!!
Euro Dollar Trianglethe pair is trading sideways waiting for the ECB decision tomorrow, the triangle is a continuation pattern, meaning more upside is awaiting the Euro dollar pair,
1.0740 was the resistance i was waiting for and apparently it is holding for now, a pullback of wave (e) is then expected , a minor pullback to be precise.
good luck buying the pair.
Euro Short Term analysis1.15550 is our main target for the short term corrective upward pullback.
when the above level is broken we can say that the upside move turned into an impulsive one and we will see higher euro dollar reaching 1.2500 medium- long term.
however now I'm looking to buy euro near 1.1360 level which will be a very good support to long the pair again.
Euro To Rocket SoonHello Traders, as you can see this is a lovely setup on a weekly chart. a breakout then a clear retest happened.
so we are definitely ready to see some push higher for the Euro Dollar, however I'm suggesting a triangular setup that might take the euro in a sideways move before any surge might happen.
Euro to call a near BottomHello Traders, Euro is trading near 161.8% fibo a critical area in which we will be looking to start a pullback higher and to think of long positions.
however in terms of Elliott waves we can still have a missing leg towards a double bottom or a minor new low before any reversal might happen.
EURUSD Looking for a PullbackHello Traders, EurUsd completed 5 waves down with a potential 3 waves pullback targeting 1.1660 as a first target if broken we might look into a deeper corrective pullback
and might change it to an impulsive wave. for now i still prefer longs with respect to 1.1520 stop loss. current wave might be labeled as (b) or (2).
Hello, EU bulls!!is it time? time for what u may ask... TIME TO LONG EU!!!! In 2021, usd has fell to multiyear lows against aud, cad, gbp, & nzd.
Euro, along with ch& jpy, has been lagging TREMENDOUSLY .. & now with the dollar pairs at support across the board and euro showing signs of life in other pairs i truly believe we can see 1.23 again and THE JOURNEY BEGINGS HERE
ENTRY 1.1845
TP1 - 1.188
TP2 - 1.199
ULTIMATE GOAL 1.23 & once we touch 1.199 thats all i need to see for another run to the 1.20's price again
lol i accept coins and cashapp $bakedbenji :)
Euro Dollar to Face Resistancethe pair is finishing an intermediate 5 waves cycle that will label the grand cycle wave 3.
the resistance area is expected to start near 1.2260-1.2290.
a three waves pullback is expected to retrace and retest previous wave 4 near 1.2060.
we will be looking forward to buy the pair again to target new highs finishing wave 5.
EUR/USD & DXY Trade Update Here is a video update for the trade set up's I recently posted for EUR/USD and DXY index.
U.S Dollar weakness is strong across the FX market as low-interest rates in the U.S, a negative current account balance, alongside a big fiscal spending package from the Biden's administration from January, is the consensus view across the markets to cause a structural bear market trend for the U.S dollar in 2021.
The U.S Dollar Index is continuing to weaken as a result offering a short sell set up (DXY).
EURGBP to Start an Impulsive move !!the pair has been trading in a corrective extended complex wave, the last daily candles shows a change in the momentum, thus implying a bullish scenario ahead.
on the daily chart we can see an engulfing pattern as well which indicates a bullish pattern in view.
i would long this pair even after we saw a bearish candle in the last hours, from current levels.
Good Luck!!!
EURAUD Surge on the way !!the exotic pair traded in a side ways ranging market for a long period of time, last week we witnessed a breakout to the upside
in which a bullish momentum is gained.
a retest was made by the pair during the Asian session today!! and the critical level acted as a great support.
a potential bounce can be seen from the current levels or from 1.6505 level.
the stop loss to this trade is a 4 hours candle closing below 1.6400 level with a great risk to reward ratio, since we are waiting this pair to target 1.7000 as a first target
Euro is continue optimistic about the US recovery!!!Hello guys, in this technical analysis, investors is continue optimistic with Euro as safe-haven assets. But, to recall for you is that:
This is a bullish divergence in H1 timeframe and we see a manipulation of the zone, not entry in short, entry in the contry in short, in that case is long, because it's all institutionals that inject monye to liquidated all short position. Beware of the market trap.
Also to recall you, we could see in the formation of ABCDE, because this is another accumulation zone of the price, becuase investors is cotinue buy Euro to hold.
Now, in Daily there are a worry about it, because we could see a possible drop of the price, but the long position it's could be limited, I reccomend for you to be cautelous of what market do, for now in H1 show a market trap, but in case that was the market trap, now necceary the price is go drop in Daily, becuase the only what leading in Daily timeframe is the H4 and H1 timeframe to looking what we see.
United Kingdom is quiet about Brexit exit: Sell GBP and Buy EuroHello guys, in this technical analysis, investor's continue buy Euro too in this par, I proyect a possible proyection of 180 pips in this par.
In Daily we see that Euro is so bullish
Now, in H4 timeframe we are into htis ascendent triangle with possible proyection so bullish.
I add a buy order limit at 0.9111. You can get it