On the weekly timeframe, there have been no significant updates. After the context changed to bullish at the beginning of July, we experienced a corrective move aimed at filling the FVG below. On Friday, the price was able to recover. The targets remain the same as I marked on the chart.
1D - On the daily timeframe, we are also in a bullish context similar to the weekly timeframe. Starting from Friday, it's evident that the large FVG will need to be filled by the price eventually. I anticipate this to happen in the first half of the following week, followed by a continuation of the bullish movement.
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85800 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85800 support and resistance area. We would also consider the current dovish stance from the Bank of England, that should trigger further GBP...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈As per my last analysis, attached on the chart, EURUSD rejected the upper bound of the rising blue channel. Currently, EURUSD is retesting that trendline again! Moreover, the zone marked in green is a strong resistance zone. 🏹 Thus, the highlighted red circle is a strong...
Euro Vs Dollar is on its sell position and has rejected its Daily Resistance level and heading towards its 4H Support zone we will be selling the pair and will trail our profits
Simple long trade idea here. There is equal highs above. I have my signature R2F gap on the 1h for a long POI. When I saw price, it had just tagged into it, so I market bought in with a stop below the low. Yup, It is pretty simple. Let's see how it plays out =) - R2F
There Are Lots Of Things Happening Couple Of Wars Goins On Also Middle East Is On Verge Of Huge Conflict And These Events Can Impact Markets Heavily And Direction Can Change Anytime So Be Careful In These Satiations While Opening New Positions However Eurusd Looks Bullish Here In Daily Timeframe And Testing Multiple Resistances Symmetrical Triangle And Key...
EUR/USD has reacted off the resistance level which aligns with the 127.2% Fibonacci extension and could fall to our take profit. Entry: 1.0992 Why we like it: There is a resistance level that aligns with the 127.2% Fibonacci extension. Stop loss: 1.1052 Why we like it: There is a resistance level which lines up with the 161.8% Fibonacci extension. Take profit:...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09500 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09500 support and resistance area. Trade safe, Joe.
The EURUSD pair broke today above the top (Lower Highs trend-line) of the Triangle pattern that started on the July 17 2023 high. The more shorter term pattern has been a Channel Up (blue) since the April 15 2024 Low and today's break-out, has tested its top. Those are two conflicting trends, so the key here is to observe the 1W candle closing and then take...
After NFP data, the EUR/USD made a big move and finally ended its correction. For now, the price will eventually reach the 1.10 zone. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for...
The EUR/USD pair extended its rally early Monday, reaching its highest level since March at approximately 1.0970. Disappointing labor market data from the US caused a significant selloff of the US Dollar (USD) during the American session on Friday. Nonfarm Payrolls in the US increased by 114,000 in July, falling well short of the market expectation of 175,000, and...
As anticipated, the EUR/GBP currency pair has found support around the 0.8400 level, aligning with our previous forecasts. This area has proven to be a strong demand zone, where buyers seem poised to initiate a retracement, potentially driving the price higher. Currently, the EUR/GBP pair remains within a consolidation phase. However, market sentiment indicates...
EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could reverse from this level to our take profit. Entry: 1.0944 Why we like it: A pullback resistance level lines up with the 61.8% Fibonacci projection. Stop loss: 1.0995 Why we like it: There is a resistance level at the 127.2%...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price entered to wedge, and bounced from support line to $1.0910 level, and started to decline. In a short time price declined to support line, breaking $1.0740 level, and even made a fake breakout of support line from wedge. Next, Euro exited...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bull bias or this..likely watching for pullback or whatnot for upside trading 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 the content, thank you! -- Get...
Upcoming goals for the coming months Getting liqudity in the shadows
Conflicts In Middle East Effecting Global Stocks Markets And Currencies Badly As Per The Chart It Will Effect Eur Gbp Too In Coming Days Eurgbp Looking Bullish For Midterm In 3 Days Timeframe Recently Breaks Crucial Horizontal Resistance And Testing Falling Wedge s Trendline Too Incase Of Falling Wedge Breakout expecting 500 Pips Bullish Wave In Coming Days