EUR/USD is currently on a very strong resistance zone and could reverse from this level to the downside.
1D- daily TF as well long context, after reaching 1st target possible correction to fvg bellow with further long context
The EU this week sits within a bullish trend and bullish range. This, of course, goes against the higher timeframe biases that we have discussed over the last several weeks in our Sunday markups. However, we follow what the price shows us, not what we want it to do. Coming into this week, we have a relatively neutral bias in terms of direction. Bullish, of...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, where it at once broke $1.0710 level and fell to support line. Next, price bounced from this line and soon broke $1.0710 level again and made the first gap, after which continued to rise. Then Euro made correction to...
I think crypto market going to up. This is total1 / USDT.D chart. I draw before bull market cycles. Now we at bull market again and with BoS in full chart. So this bull market will better from previous bull markets.
Hello traders, First let's take a deeper look at daily chart!! We are in a bullish leg of a bearish channel. I'm waiting for a reversal to enter around the zone!
EUR/USD is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08447 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.08090 Why we like it: There is a pullback support level. Take...
The price is rising towards the pivot which acts as an overlap resistance and could potentially reverse to the 1st support. Pivot: 173.65 1st Support: 171.82 1st Resistance: 174.53 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...
EUR/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 1.47874 1st Support: 1.47379 1st Resistance: 1.48459 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...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. 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, you WILL navigate your way out of...
We are taking a strategic short position on the EUR/USD pair. The major currency pair has experienced strong gains recently, primarily driven by the US Dollar (USD) being under pressure due to firm market speculation that the Federal Reserve (Fed) might reduce interest rates in September. Despite this bullish momentum, the EUR/USD pair seems to be approaching a...
EURUSD has recently filled the gap from the start of the week and is showing signs of potential continuation of its bullish momentum. Given this gap fill and the recent market structure, there is a likelihood that EURUSD may complete its second leg higher. This suggests that the pair could see further upward movement as it follows through on this bullish leg, with...
The EURHUF pair has been trading within a Triangle pattern, which based on the highly symmtric structure of the 1D RSI, may break above its top (Higher Highs trend-line) and transition into a more aggressive Rising Wedge (diveging Higher Highs). The last Higher Low was priced below the 1D MA50 (blue trend-line) and since the RSI's Channel Down shows we are on the...
Hello Traders, This is the long-term bearish channel of the pair: Reaction to the gap and middle of long-term channel is clear in the above chart. Let's search for TP! This is a Strong Resistance I think it might be a good target Let's take a look to the news! Most important one which is GDP was a surprise for Pound, bearish for the pair. Monthly industrial...
EUR/NZD is falling towards the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 1.77237 Why we like it: There is a pullback support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.76387 Why we like it: There is a pullback...
This is the Daily chart We are between two zones! both are strong enough to make the pair be in a range. Regarding the 2h chart a bullish channel is broken Sign of weakness in Buyers! You can see strength of CHF in USD CHF chart too! Yet soon to short! I'll short after breaking the zone! with final target of 0.9600
EUR/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.07959 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.07684 Why we like it: There is a pullback support level. Take...
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: 1.07763 1st Support: 1.07391 1st Resistance: 1.08442 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...