Recovery euro + dovis usd ent : 0.8432 sl :0.8375 tp: 0.8520
By taking a deeper look at Daily chart we could easily see a bearish move! Latest reaction was to top of the channel an we are going to reach to bottom of the channel. However, We see the RSI is forming a trend line which seems hard to be broken down. I think we could see a reversal to MA of RSI. So we might have one or two range days. Therefore we are both ready...
Price is has reacted off the pivot and could potentially rise to the 1st resistance which acts as a pullback resistance. Pivot: 1.0724 1st Support: 1.0685 1st Resistance: 1.0790 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...
The EURUSD pair isn't diverging from our original plan (June 04 idea, see chart below) and is extending the new Bearish Leg of the 6-month Channel Down: Today it tested the 4H MA50 (blue trend-line) of a counter-trend rebound, which has take place during both previous Bearish Legs. The 1st time was +1.12% and the 2nd +1.50% that even broke above the 4H MA200...
The EUR/USD pair is trading higher on Tuesday, following a pullback to the support level at 1.06690, which coincides with the 78.6% Fibonacci retracement from the previous swing low. This support area has provided a strong foundation for the pair, allowing it to gain upward momentum. Traders are closely monitoring the upcoming US Retail Sales data, particularly...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to flat, where it at once bounced up to $1.0890 level from $1.0770 level. Then it turned around and little declined, after which price some time traded in flat and then made upward impulse. Price exited from flat, and then...
EUR/USD, the price pulled back on the last demand zone and then started to drop. it seems the market willingly tries to short EUR/USD $FX:EURUSD. 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...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a selling opportunity around 0.84900 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84900 support and resistance area. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURJPY has been overall bearish, trading within the falling red channel. Currently, EURJPY is undergoing a correction phase and it is currently approaching the upper bound of the channel. Moreover, it is retesting strong supply zone marked in blue. 🏹 Thus, the...
EURGBP - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.8455. We look to Sell at 0.8455 (stop at 0.8473) Our profit targets will be 0.8410 and 0.8400 Resistance: 0.8455...
EUR/USD is rising towards a resistance level which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.07268 Why we like it: There is a pullback resistance level that is slightly below the 38.2% Fibonacci retracement. Stop loss: 1.07750 Why we like it: There is a pullback...
EUR/USD Technical Analysis Trend Analysis: - The daily chart shows a clear downtrend, with stability in the bearish volume, indicating persistent bearish momentum. - Recent price action has been moving downward, suggesting continued selling pressure. Current Outlook: The price will continue to trade in a bearish trend as long as it remains below 1.0707 and...
To start the week off, we are looking at another bearish shift in the EU, similar to what we observed last week. As we have mentioned before, we aren't expecting price to move perfectly or hit every point on our chart. Instead, we are looking for our ideas to somewhat align with one of our bias scenarios. For this week, we anticipate price to move back to the...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to trades inside the upward channel, where it soon reached the support level, which coincided with the buyer zone and broke it. After this, the Euro made a correction to the support line of the channel and then rebounded up and...
1H - several imbalances have formed above, and the context has locally changed to long. For healthy price movement continuation, it would be appropriate to see a price rebalance in the first half of the week, after which the decline can continue towards the targets formed this week.
1D - On the daily timeframe, the price has ultimately settled above the fractal maximum of 1.0885, indicating a shift in context to bullish. The invalidation point for this bullish context will be a price settlement below 1.0788. Additionally, there is a compression movement formed below, down to 1.06, which may serve as a rebalancing target in the future.
1W - The weekly timeframe looks excellent from a technical and target perspective. We are in a clearly defined bearish context. Last week's close confirmed the bearish order flow. The intermediate target is 1.06, with the primary target being 1.045.
daily timeframe. Starting from Monday, the context was changed back to short. The first target I marked in the previous review was quickly reached. After that, we saw a corrective move to the FVG. Having covered it, the price continued the short order flow, which opens up the possibility for the continuation of the short context with a target of 1.06. The scenario...