EUR pulled back to 4h MA50. We are coming up on the Memorial Day holiday which will keep markets closed on Monday, May 31. That could bring some added volatility with traders readjusting positions ahead of the long weekend, as well as critical data coming up next week, including the May Employment Report. Fundamental analysis With 50% of the U.S. adult...
It's A Numbers Game..... Perfect Sell Opportunity Here With EURGBP ... Looking For price To test The Lows Of Day....... Trade Safe:: SL$TP Indicated On Chart
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.62151). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURSGD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.62151). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURSGD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.2245). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURUSD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.2245). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURUSD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
The German GfK Consumer Confidence Survey for June was reported at -7.0. Economists predicted a figure of -5.2. Forex traders can compare this to the German GfK Consumer Confidence Survey for May, reported at -8.6. Italian Business Confidence for May is predicted at 106.4, and Italian Consumer Confidence is predicted at 104.4. Forex traders can compare this to...
BUYERS HAVE MORE OF THE UPPER HAND BECAUSE OF THE STRONGNESS OF THE THE EUR AGAINST THE DOLLAR SO WE WILL SEE LITTLE SELLS AND MORE BUYS BUT NOW WE HOP I FOR A SELL IF THE PRICE BREAK ABOVE THE UPPER TREND LINE AND RETEST WE ARE HAVING A BULLISH MOMENTUM AND IF IT DROPS BELOW THE UPPER TREND THE WILL BE A MOVE FOR THE BEARS !! SO LET'S SEE HOW IT PLAYS OUT LONG...
EUR/USD - Intraday - We look to Sell a break of 1.2159 (stop at 1.2181) Daily signals for sentiment are at overbought extremes. Bearish divergence is expected to cap gains. Trend line support is located at 1.2180. A break of 1.2180 is needed to confirm follow through negative momentum. A higher correction is expected. Our profit targets will be 1.2101 and...
1. Uptrend. 2. Market is testing a horizontal support level around the 133.000 area. 3. Market is testing a Demand zone that was not tested before. 4. Price action illustrating the rejection of lower prices. 5. Increase in Volume -> Extensive buying.
EURCHF after the retest of the weekly resistance couldn't break above. The market is now back over the minor support and according to Plancton's strategy if the price will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure ->...
Prices are facing bullish pressure from horizontal swing low support and ascending trendline support, in line with 100% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push up further towards 100% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence. If prices push down further, prices might take support from 127.2% Fibonacci...
See Signposts for key price action details.
I feel like this is an essential point for the Euro. Will it fall for short or reject! Let’s see what happens.
1. first of all this is my idea. With proper SL I’d ve definitely be selling if price reaches that spot. 2. IMPORTANT! Fellers! If you keep scrolling through last ideas of EURUSD, You would find some people trading emotionally and misleading everyone⛔️ ! They kept indicating Going short for days and days untill it reached the best price to sell and THEY SUDDENLY...
Trend: SHORT Retail Sentiment: 61% Short LP Sentiment: 24% Long Moving into Thursday my sentiment still has not changed. With the USD - GDP being announced tomorrow I am expecting an aggressive push towards better prices. If you are looking to go long in this market you might need to wait for the USD - GDP news to be announced. Price will most likely consolidate...
Shorting opportunity....Price broke trendline...retested but failed..anticipating fall as shown...