On the 30-minute timeframe, the price has formed a demand level around 1.07800. Note: The price is also showing bearish sentiment by breaking a major key 4-hour support level and retesting it. If the price breaks through the demand level, there will be no buy entries. Now we wait ⏰
If the price closes with a candle below the white line, I will wait for the pullback to look for sales with the orange line as the objective.
After massive drop when ppi came out, fiber has come to an important demand zone. The level 1.0888 is a great buy area with targets at 1.0940. Stops below 1.0870 would be ideal. Use proper risk management. Cheers
the price is moving in a down trendline making a decent waves. after watching the DXY we can say that this pair will continue to the downside. right now we are in a middle of a retracement preparing the price to go down back again. we will measure the current wave with our Fibonacci tool and be ready around ( 61%, 71%, 78% ) fib levels with any good bearish price...
EUR/USD has a long bias based on a prevailing uptrend identified through fundamental analysis and trend analysis. Look for a robust support level and confirm bullish momentum. In terms of fundamentals, leading indicators favor Euro zone. Stay alert to global events affecting the EUR and USD. Implement risk management strategies by setting volatility based...
Confirmation • Buy-side liquidity taken out. • Break in Market structure. Entry • At Fair Value Gap Target • Below 101.910 Good luck.Trade responsibly.
I believe the daily momentum for this pair is still bullish. The 4H retraced to the 38.2% fib and presented a Volume bullish engulfing on top of a trendline . While I do believe the Euro is getting weaker, one more higher high or bullish push would make perfect sense considering the fact that its beneath a major resistance and had been rejected there prior. Its...
EURUSD is bullish in all aspects of the form. It took a small double bottom to confirm the major Double bottom on the daily. ADX is bullish during the latest high. Price may proceed to retrace to retest the daily support as it was previously rejected. I will buy upon a bullish reversal on top of support.
EURUSD retraced to the 38.2 and formed a morning star. Price then broke through a strong resistance. The 1H is looking to re-test support. I will be looking for indecision and reversal candlesticks on top of the daily support or the prior high which is near the low & 38.2%.
EUR/USD Touch 78% Fib Level And It Will Fly From There Be Ready
OANDA:EURUSD We expect EUR to 'weak further' last Friday but we think it 'unlikely to break key support at 1.0850 today'. Our view on EUR weakness is correct even though it has slightly breached 1.0845 (lowest is 1.0840). While severely oversold, EUR's weakness remains volatile. However, key support at 1.0850 may be out of reach today. Resistance is at 1.0872,...
Confirmation • Sell side liquidity taken out ✔️ • Break in Market structure ✔️ Entry • At Fair Value Gap ✔️ • At Discount ✔️ Target • Around 1.07200🎯
EURUSD is currently at support on the lower trendline and I am expecting a rise in price. In the chart posted, I have indicated confluence to support the trade decision.
Here is my thoughts on EURUSD IMBALANCE... is clear as day, price needs to fill this zone, so weather it happens today or next week, I'm expecting price to pull back down to the zone marked ... then I will need to see some bullish momentum ... that when we can scale in our buy position... please as always let me know what you think, do you have a different look...
Hello dear fellows , how are you doing . i am hoping you all doling great . so Today i will look for Long EURUSD as we are seeing market did hold 3 times yesterday on NY Session , looks like it might hold today as well , this is overall idea trade according to your Risk Management ... i will keep posting here in Trade Update . Have a Good Day !
Price has come a great support area. Expecting price to bounce from here and take out todays high. Targets above 1.07 and stops below 1.0600. Use proper money management. #iykyk #algoisalive
More confirmation on why this is bullish. Previous resistance has created a strong support at this level. Bears are unable to break below. Long targets 0.9960 stops are below 0.9800 This should be a strong trend changer trade of the week. This will inform us if the trend has shifted. Use proper money management.
Price retraced yesterday after bullish usd news to close above 0.978 zone. I expect price to retrace to this levels 0.9705 and 0.9790. This will be dips giving us an opportunity to buy more. Targets are parity 1.0000 zone. Use proper risk management.