Euro can enter to seller zone and then drop to support lineHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago price entered to wedge and started to decline, but firstly it entered to seller zone and then bounced down. In a short time, the Euro declined to the support level, which coincided with the buyer zone, and soon broke this level and fell to the support line of the wedge. Then the price turned around and started to grow. Euro quickly rose to the support level, broke this level one more time, and made a retest, after which rose a little more. After this movement, the EUR some time traded near the support level until it reached the support line of the wedge and then bounced up from this line to the resistance level. When Euro reached this level, it corrected and then continued to move up to the seller zone. When the price entered to this area, the Euro some time traded inside and later reached the resistance line of a wedge, after which rebounded down. Price broke the 1.0420 level and continued to fall. At the moment, the price is traded below this level and I think that the price can fall to rise to the seller zone and then drop to the support line of the wedge. After this, the Euro can exit from this pattern, make a retest, and continue to decline to the support level. So, that's why I set 1st TP at 1.0350 points and 2nd at the 1.0260 level. Please share this idea with your friends and click Boost 🚀
EUR (Euro)
HelenP. I After correction movement, Euro will continue growHi folks today I'm prepared for you Euro analytics. In this chart, we can see how the price rebounded from the resistance level and then tried to grow, but failed and soon fell back. Next, the price some time traded near this level and then broke it and dropped below. After this, the price almost rose back, but then turned around and dropped more to the trend line, breaking the support level, which coincided with the support zone. Later Euro rebounded from the trend line and rose to almost a resistance level, after which turned around and dropped back, breaking the trend line with the support level again. After this movement, Euro rebounded up, breaking the support level one more time, and then made a retest and continued to move up until it reached the trend line. Then price continued to move up near the trend line and soon broke the resistance level, but recently fell below. At the moment, I expect that EURUSD, after correction movement, can continue to move up, breaking the resistance level with the trend line. So, for this case, I set my goal at 1.0550 points. If you like my analytics you may support me with your like/comment ❤️
EURCHF: Hit the 1D MA200. Rejection imminent.EURCHF turned overbought on its 1D technical outlook (RSI = 72.505, MACD = 0.003, ADX = 32.019) as it hit today the 1D MA200 for the first time since July 30th 2024. This test comes only a fraction under the top of the medium term Channel Up, so we are entering a highly probable rejection Zone. Sell and target the bottom of the Channel Up (TP = 0.943500).
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EURCHF is starting to turn upLooks like a trend reversal at last.
1. Strong pinbars from the levels below 0.92 that rob the stops.
2. A broken trend line, higher lows, higher highs
3. it is currently at a very important level,we are watching how it will react and whether it will be overcome.
4. We are now long on a larger time frame.
Euro Rises to 1-Month High as ECB Decision NearsEuro Appreciates as ECB Decision Looms
The Euro has climbed to $1.05, its highest level in over a month, supported by a weaker U.S. dollar after President Trump softened his stance on universal tariffs and called for an immediate interest rate cut.
EUR/USD Technical Analysis
The pair is showing strong bullish momentum, having broken above the pivot level at 1.0470. Despite this, there is a chance of a short-term retest of the pivot level before the price pushes higher toward 1.0530 and 1.0605.
For a bearish reversal, the price must break and sustain below 1.0437 with a 4-hour candle close. If this occurs, the next downside targets will be 1.0367 and potentially 1.0288.
Trend Outlook
Bullish Trend: Above 1.0469
EURO - Price can exit from triangle and rise to $1.0520 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price started to decline in falling channel, where it declined from $1.0420 level to support line.
Then EUR rose a little and then fell lower than $1.0260 level to support line of channel, but soon bounced up.
After this, Euro broke $1.0260 level again and exited from channel, after which started to trades inside flat.
In flat, price some time traded and later made an upward impulse to $1.0420 level, exiting from flat and entering to triangle.
In triangle pattern, Euro made a correction to support line, but soon backed up and now trades near support area.
So, in my opinion, Euro can decline to support area, exit from triangle, and then start to move up to $1.0520
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EURGBP - Weak Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURGBP has been bearish trading within the falling wedge pattern in blue.
Currently, EURGBP is approaching the upper bound of the wedge.
Moreover, the orange zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the orange structure and upper blue trendline.
📚 As per my trading style:
As #EURGBP is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XAUUSD Goes Long. Let's Make Gold Shining Bright Again. As of January 21, 2025, the price of Gold spot is trading nearly at $2750. The recent price movements and technical indicators suggest a bullish sentiment in the gold market.
Recent analyses indicate a strong bullish trend for gold, supported by various technical indicators:
Moving Averages:
Strong Buy signals across all moving averages, from Short-term (5-day) Simple Moving Average (SMA) to Long-term (200-day) SMA , and that is suggesting a bullish outlook, supported also by 125-day SMA earlier in Q4 2024.
Support and Resistance Levels:
Resistance Levels: The key resistance level is set around $2800.
Support Levels: Immediate support can be observed near $2720, as Reversed Head-and-Shoulders technical structure is happening right now.
Market Sentiment:
The overall market sentiment appears to be optimistic due to factors such as:
A weakening US Dollar, which typically boosts gold prices.
Anticipation of potential interest rate cuts from the Federal Reserve, which could further enhance gold's appeal as a safe-haven asset.
Despite of dirty political tricks, Gold spot overperforms major US stock indices so far in 2025, and has printed already several new ATHs in 2025 against Euro OANDA:XAUEUR and British pound OANDA:XAUGBP
In conclusion, the technical analysis for gold indicates a strong bullish trend with positive momentum, although caution is advised due to overbought conditions in some indicators.
EURNZD is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
Could the price drop from here?EUR/GBP is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support which is a pullback support.
Pivot: 0.8434
1st Support: 0.8391
1st Resistance: 0.8473
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 please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop off pullback resistance?EUR/NOK has reacted off the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 11.76991
1st Support: 11.67979
1st Resistance: 11.8250
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 please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
eurnzd analysis elliot sell sinal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURUSD 24 Jan 2025 W4- Intraday Analysis - EU & US PMIThis is my Intraday analysis on EURUSD for 24 Jan 2025 W4 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Nothing much changed in sentiment since Tramp inauguration, yesterday Trump ease the tone on tariffs which gave optimism in the market (Risk Off) and weakened the dollar across the board.
Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings.
Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook.
US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹As expected, price created a bullish BOS as per the Daily/Weekly requirement for a pullback.
🔹Price didn’t mitigate any supply after the BOS so there is a high probability that we will continue up till we reach the 4H or Daily supply to initiate a BOS pullback phase (Can’t be ruled, we always have the expectation that a pullback will start at any time after any break of structure).
🔹Price mitigated the 4H demand within the 4H bullish INT structure and currently targeting the 4H Weak INT high.
3️⃣
🔹My expectations is set for price to continue bullish till we mitigate a 4H/Daily supply.
🔹Will be following the LTF to follow the expectation of bullish continuation while putting in consideration the probability of a bearish move for the bullish BOS pullback phase that can start anytime.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish / ii Structure Bullish
🔹Swing Continuation
2️⃣
🔹After the Bullish BOS, price still holding bullish respecting the Bullish INT Structure.
🔹INT Structure Strong low liquidity swept and price mitigated the 4H demand zone to continue bullish.
🔹** 15m Swing is currently the 4H swing and I started mapping the ii Structure until I can reset my 15m Swing with a bigger price range.
3️⃣
🔹Currently ii Structure is bullish and we are in continuation phase to target the Weak INT High.
🔹Expectations is that price to continue bullish and to mitigate the 4H/Daily Supply zone to maybe initiate a pullback phase.
EURJPY: 1D MACD Bullish Cross confirming uptrend.EURJPY is neutral on its 1D technical outlook (RSI = 52.622, MACD = 0.070, ADX = 26.202) and with the formation of a Bullish Cross on the 1D MACD, this shows the enormous upside potential the price has inside the 5 month Bullish Megaphone. We expect a quick rise to the 1.382 Fibonacci extension (TP = 168.000).
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EURCHF Trading Opportunity! SELL!
My dear friends,
My technical analysis for EURCHF is below:
The market is trading on 0.9448 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9398
Recommended Stop Loss - 0.9474
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
EUR/USD Looks to Build on Gains Amid Trump's Emergency Declara..EUR/USD Looks to Build on Gains Amid Trump's Emergency Declaration
The EUR/USD currency pair concluded the previous week on a high note, defying the bearish trend that had been in full swing until the 1.0177 level. As the new trading week began, the market's momentum shifted in favor of the EUR, propelled by a strong bullish impulse that left the US Dollar (USD) reeling.
The opening salvo of the week saw the Greenback come under intense pressure, as investors grappled with the prospect of President Trump declaring a national emergency soon after taking office. The uncertainty surrounding this development has weighed heavily on the USD, allowing the EUR to gain traction and hold its ground.
From a technical perspective, market analysts are eyeing a potential correction of the trend, with a possible retracement target of 1.0500 on the horizon. This development could signal a significant shift in the market's dynamics, as investors reassess their positions and adjust to the changing landscape.
As the situation unfolds, one thing is certain: the EUR/USD pair will be closely watched in the coming days as market participants navigate the complex web of economic and political factors at play. Will the bullish momentum continue, or will the USD find its footing and push back against the EUR's gains? Only time will tell.
✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
EUR-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.938 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/CHF pair.
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EURUSD 23 Jan 2025 W4- Intraday Analysis - US Jobless ClaimsThis is my Intraday analysis on EURUSD for 23 Jan 2025 W4 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Nothing much changed in sentiment since Tramp inauguration
Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings.
Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook.
US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹As expected, price created a bullish BOS as per the Daily/Weekly requirement for a pullback.
🔹Price didn’t mitigate any supply after the BOS so there is a high probability that we will continue up till we reach the 4H or Daily supply to initiate a BOS pullback phase (Can’t be ruled, we always have the expectation that a pullback will start at any time after any break of structure).
🔹Currently price is within a 4H FLIP zone that caused the BOS. Which could keep price bullish to target the weak INT high.
3️⃣
🔹My expectations is set for price to continue bullish till we mitigate a 4H/Daily supply.
🔹Will be following the LTF to follow the expectation of bullish continuation while putting in consideration the probability of a bearish move for the bullish BOS pullback phase that can start anytime.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation
2️⃣
🔹Price created a bullish BOS. After a BOS we expect a pullback phase.
🔹We didn’t mitigate any supply zone to initiate the Swing Pullback Phase yet so we could continue bullish.
🔹Price is currently within the 4H FLIP zone and at the INT Structure extreme.
🔹The last defined demand zone within the INT structure failed and there is a probability that the INT structure could turn bearish to fulfill the BOS requirement for a Pullback Phase.
3️⃣
🔹Expectations is still bullish until we have a confirmed bearish iBOS to initiate the Pullback Phase.
🔹Longs: As the demand failed, I’ll be waiting for a shift in the OF to bullish and demand to start holding to target the Weak INT High.
🔹Shorts: Will be waiting for bearish iBOS for pullback phase.
Will Trump's tariff threat be an obstacle to an ECB rate cut?
Both short-term dollar weakness and the ECB’s increased inflation concerns have clearly propelled EURUSD upward. Finland's central bank governor, Oli Rehn, asserts that eurozone inflation will stabilize as anticipated and that monetary policy will continue to be constrained in the near future. Meanwhile, ECB President Lagarde has issued a stark warning that the threat of tariffs is set to rise with Trump’s return to power, which could lead to significant inflation risks.
EURUSD breached above the descending channel’s upper bound and approached the resistance at 1.0470. EMA21 widens the gap after golden-crossing EMA78, indicating a possible shift to bullish momentum. If EURUSD breaches above 1.0470, the price could gain upward momentum toward 1.0560. Conversely, if EURUSD breaks below EMA21 and the support at 1.0360, the price may reenter the descending channel.
Bearish drop off overlap resistance?The Fiber (EUR/USD) has reacted off the pivot and could drop to the 1st support which acts as ab overlap support.
Pivot: 1.0450
1st Support: 1.0344
1st Resistance: 1.0538
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 please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.