The EUR/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.0842, positioned close to the breakout level. This...
This week in the EU, we are looking to meet a couple of key points. Overall, we are focusing on the price shifting back into the bearish higher timeframe trend. Currently, the price has been moving lower. We opened up a gap on the daily timeframe, indicating a likely drop. Since then, we have moved lower and created short-term liquidity lows, suggesting the price...
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84600 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84600 support and resistance area. Trade safe, Joe.
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time ago reached the support level, which coincided with the support level. Soon, EUR broke this level, made a retest, and at once made an impulse up to the resistance level, but when it reached the 1.0900 level, it made a small correction movement. After...
The EUR/JPY pair on the M30 timeframe presents a potential Buying opportunity due to formation Head & Shoulder pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 167.12. This offers an entry point near the perceived shift in momentum. Target...
EUUR/GBP is reacting off the pivot and could potentially reverse to the pullback support. Pivot: 0.84419 1st Support: 0.84164 1st Resistance: 0.84589 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
The Fiber (EUR/USD) has reacted off the pivot and could potentially drop to the 1st support level which has been identified as a pullback support. Pivot: 1.0858 1st Support: 1.0809 1st Resistance: 1.0879 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
Hi guys. right here we have a potential short opportunity on EURUSD and it is based off the 4hrs internal structure. the 4hrs swing structure is bearish and now that the internal structure has aligned itself with the bigger swing structure, the expectation is that this bearish order flow will be maintained until we take out the swing low. I am looking for...
Trading Setup: There is a Trading Signal to Sell in EURUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0882 ⭕️SL@ 1.0906 🔵TP1@ 1.0829 🔵TP2@ 1.0786 🔵TP3@ 1.0711 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84300 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84300 support and resistance area. Trade safe, Joe.
This week’s gold markup is looking very similar to EUR/USD. We have trendline liquidity sitting under the current lows. We have taken some obvious liquidity, so this could be an early sign that price action may be shifting bearish for a longer-term move. Bear in mind, we have taken all-time highs on gold, as we have across the higher timeframes, meaning that our...
The EURUSD pair is pulling back as per our last week's trading plan (July 16, see chart below) and reached the bottom of the (dashed) Bullish Leg: The long-term pattern remains a Channel Up but as mentioned last week, the current Bullish Leg is about to get exhausted. On the previous Bullish Leg it did on a Double Top. Regardless if that takes place or not...
The EUR/USD pair on the Daily timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the upcoming Days. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
The Fiber (EUR/USD) is rising towards the pivot and could reverse to the pullback support level. Pivot: 1.0911 1st Support: 1.0860 1st Resistance: 1.0948 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0913 Why we like it: There is a pullback resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 1.0947 Why we like it: There is a pullback resistance...
EUR/GBP is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which is an overlap support. Pivot: 0.84346 1st Support: 0.84089 1st Resistance: 0.84570 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
The EURAUD has reversed its near term upwards trajectory upon AUD news last night (employment up). More employment means strength for the AUD as it typically does not help inflation lower. Having that said, we are nearing intraday setups between falls. Longs preferred lower @.618 on displayed chart, coinciding with higher timeframe areas.