Here is EUR/USD. Following on from last week, we provided a basic trend continuation idea that played out perfectly, even though it went against the higher time frame bias established earlier this year. We are now looking at a variation of this same trend movement. We have seen a break of the potential liquidity stored across the lows in the form of trendline...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. More downside?To me seems likely. 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 the right tools and an experienced Guide,...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Needs this current area to clear on daily timeframe before it can head higher,more bias on it to go up though. 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...
1h - The hourly timeframe is in a short trend with a clearly defined order flow. I expect a liquidity sweep below, followed by a reversal movement.
The daily timeframe remains in a long context. The main target has not yet been reached. Below, an FVG (Fair Value Gap) has formed, from which we are likely to see a reaction aiming higher, as outlined in the plan.
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08600 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08600 support and resistance area. Trade safe, Joe.
The EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.4932, positioned close to the breakout level....
Within Market trading, regardless of the assets involved, you need to form both a technical and fundamental case for your bias. When you do this, you grip great deals, and you also know where it is likely you will head. This is simple to learn, when described in a simple format.
The Fiber (EUR/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 1.0860 1st Support: 1.0809 1st Resistance: 1.0911 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...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price started to grow inside the upward channel, where it at once declined to the support level, which coincided with the buyer zone and soon bounced up. Price in a short time rose to the current support level, which coincided with the resistance line of the...
The ECB is delivering its interest rate decision today, however, most of the action could happen during the press conference. Keep your eyes on that! FX_IDC:EURUSD EASYMARKETS:EURUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's...
EUR/JPY is rising towards the resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 172.01 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 173.15 Why we like it: There is a pullback...
Political uncertainty in the U.S. could significantly impact the EUR/USD as markets brace for tomorrow’s ECB decision. The major political factor may not if President Biden steps down, but who steps up to take his place. Who will the markets like and who will they dislike? This could play out in the EUR/USD. Biden has said he will reevaluate his candidacy if...
Hello Traders, There are 2 possible short trades are here! 1st: On top of the short-term channel 2nd: After break of the channel There is a possible bullish scenarios after breaking over the zone. I'll post about it if happen.
EURNZD - 24h expiry Our short term bias remains positive. Setbacks should be limited to yesterday's low. We look to buy dips. 20 4hour EMA is at 1.7921. There is no clear indication that the upward move is coming to an end. We look to Buy at 1.7928 (stop at 1.7878) Our profit targets will be 1.8048 and 1.8068 Resistance: 1.7978 / 1.8061 / 1.8100 Support:...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84250 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84250 support and resistance area. Trade safe, Joe.
EURUSD H4 In addition to GBPUSD, we also have EURUSD which is at a key area of resistance. This 1.09 handle is acting as a whole number resistance price, amongst H4 supply and previous tested resistance. Certainly a good region and zone for a short confluence stack. We will be following EURUSD, GBPUSD and DXY very closely this week as we are trading from some...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08700, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08700 support and resistance area. we would also like to consider the current easing inflation in the US, the previous soft inflation data may take...