EURUSDTODAY POWELL SPEAKS.
we are expecting continuation dollar bullishness.
So, I am still bearish on EURUSD.
trade with small risk until CPI
Euro-dollar
💶💵 EUR/USD Suck In Accumulation 💶💵💶💵 EUR/USD Suck In Accumulation
💶💵 Nearest strong support zone: around the fibo level 0.236 of the downward wave.
💶💵 Nearest strong resistance zone: around the fibo level 0.786 of the downward wave.
💶💵 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
💶💵 Price Action: EUR/USD again closes the week near 1.08. Today was another day of fighting between buyers and sellers, I already thought we would break out the bottom after which the US session completely reversed direction. Currently, it is necessary to wait for some kind of breakout from the current accumulation, because from the current levels an upward as well as downward scenario is possible.
💶💵 The scenario I am playing is to wait for a breakout from the accumulation. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
EURUSD Short-Term Bullish AnalysisClick on Boost (like) to support these free analyses
This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- Wyckoff
- Etc.
Eurusd Sell Short term Hi All,
we can sell the euro dollar is now trending inside the channel and printing lower highs. We are looking to take this sell opportunity for the rest of the week with a cautions outlook due to fundamental news. So trade sensibly. SL above entry once trade move in our direction.
TPs Marked and SL marked.
Follow, share, comment and like.
Many Thanks .
EURUSD weakness in the trend!!! 📉💶💵 updateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. The price moved as we expected because of weakness in the trend and a reversal pattern as well as a divergence in RSI ,for now you can manage your sell positions until you reach the target at 1.072 . Watch out for the Fed speech in tomorrow.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
EURUSD weakness in the trend!!! 📉💶💵Hello guys, Everything is explained on the chart for you like always. We see a weakness in the trend and a reversal pattern as well as a divergence in RSI, be careful. So two points to enter sell position which you can consider.
Good luck.
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RLinda ! EURUSD-> A breakthrough opens the target at 1.1100EURUSD looks very confident to rise in the medium term. Buyers are breaking through a key resistance pattern. What to expect next?
The price is trying to break out of the price channel again. The formation of the Triangle pattern causes the limit resistance level to be broken. The price exits into the long zone. The final fixation of the price above 1.0870 will lead to the formation of a strong impulse. Opens the potential for growth towards 1.11000
I expect the price to consolidate above 1.08700 and above the upward channel resistance. Consolidation is a good signal to buy. Short-term target 1.0938, medium-term target 1.10500
Regards to R. Linda!
The DXY likely sees a bounce from here. The Euro has retraced to the breakdown zone and is at resistance on the larger timeframe.
EURUSD resistance broken or bull trap!!! updateHello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. In the previous analysis we said has the potential to reach the target and this happened. For now you have to be very very careful and even consider a bull trap. If and only If the resistance base is broken and price stabilizes above that, you can enter buy position, otherwise it will be a bull trap .
If you have entered a sell position from the desired point, manage it. and the safe sell point is after breaking 1.07 and retesting.
Good luck.
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Write your comment and opinion below to me
💶💵 EUR/USD Anticipating A Waterfall 💶💵💶💵 EUR/USD Anticipating A Waterfall
💶💵 Nearest strong support zone: around the 0.236 fibo level of the upward wave.
💶💵 Nearest strong resistance zone: around recent local peaks.
💶💵 Technical environment:
- Moving averages: Uptrend
- MACD: 50/50
- RSI: Downtrend (divergence)
💶💵 Price Action: EUR/USD After yesterday's attempt to attack local peaks was very quickly thrown off during readings from the US economy which appeared to confirm pessimistic forecasts which contributed to the strengthening of the US dollar. In my opinion, this is the beginning of a new dominant trend in the market. It looks like the next weeks will bring us a weakening of the euro against the US dollar, and this is the scenario I am counting on.
💶💵 The scenario I am playing out is a continuation of declines to the vicinity of the first support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
RLinda ! EURUSD-> Resistance Retest. Waiting for a breakthrough EURUSD continues to consolidate in the range of 1.08669 - 1.07573, the support zone was tested, after which the price again headed for the retest of the limit resistance
The trend remains dominated by the buyers, a fairly confident position on the chart can be interpreted as a possible continuation of growth.
The price is in consolidation, but at the same time there are attempts to break 1.08669, I think that in the near future, under the pressure of dynamic buyers and the strong trend, the bulls will break the resistance
I expect breakdown of 1.08669 and impulse formation. The short-term target is 1.0938, the medium-term target is 1.10500.
Regards R.Linda!
💶💵 EUR/USD Declines As I Wrote 💶💵💶💵 EUR/USD Declines As I Wrote
💶💵 Nearest strong support zone: around the fibo level of the 0.236 rising wave.
💶💵 Nearest strong resistance zone: around local peaks.
💶💵 Technical environment:
- Moving averages: Uptrend
- MACD: Downtrend
- RSI: Downtrend
💶💵 Price action: EUR/USD is again attacking the south direction exactly as I wrote in the last post, the whole slide took place at the beginning of the American session. After such a strong downward slide, we can expect a breakout from the accumulation and perhaps a retest of the entire formation before continuing the decline. All indications are that the Dollar will strengthen over the coming weeks exactly as I wrote in recent posts.
💶💵 The scenario I'm playing out is to wait for a test of the accumulation and join the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
💶💵 EUR/USD Will We Break Out Bottom? 💶💵💶💵 EUR/USD Will We Break Out Bottom?
💶💵 Nearest strong support zone: around the 0.236 level of the upward wave.
💶💵 Nearest strong resistance zone: area of recent peaks.
💶💵 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Downtrend (divergence).
💶💵 Price action: EUR/USD rallied today exactly as I expected, it looks like the scenario I wrote about last time is likely to come true. I don't see any strength in the current place for the continuation of the increases, looking at the long-term perspective we can expect a sharp descent of the price at any time.
💶💵 The scenario I'm playing out is a continuation of declines to the vicinity of the first support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
💶💵 EUR/USD Next Week = No Increases 💶💵💶💵 EUR/USD Next Week = No Increases
💶💵 Nearest strong support zone: level of 0.236 pattern wave.
💶💵 Nearest strong resistance zone: around recent peaks.
💶💵 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Downtrend (divergence)
💶💵 Price action: EUR/USD during Friday's session did not want to continue rising despite the lack of dollar strength which I believe is yet to come in the coming week. Despite these facts, we were going around in circles. From around the current levels I would sooner look for the possibility of a correction than a continuation of the uptrend. But first we need some kind of accumulation at current levels and several attempts to attack the recent peaks and local Friday lows. Everything will turn out in the coming week, worth watching!
💶💵 The scenario I'm playing is to wait for the end of the accumulation in order to join the likely downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
EURUSD 13/01/2023EU 1h trade based of levels I have here, looks good to buy wait for this candle close to decide.
RLinda ! EURUSD-> Breaking resistance can accelerate growth EURUSD is breaking through amid weakening indices after the release of inflation data. The currency pair breaks resistance and points us to a possible acceleration in growth
The price moves into the long zone after exiting the price channel upwards. The potential for growth towards 1.1000 and 1.11700 is opening up. At the moment the price is between the ascending support line (resistance of the previously broken channel) and the limit level 1.08670. The bulls are very confident and in the nearest future might break the resistance.
I expect the growth continuation provided that the consolidation will continue in this range and in the near future the buyers will break through the resistance. Short term target is the liquidity area at 1.0938, medium term target is resistance at 1.10500.
Regards R.Linda!
💶💵 EUR/USD Correction Time 💶💵💶💵 EUR/USD Correction time 💶💵
💶💵 Nearest strong support zone: around the 0.236 level of the entire upward wave.
💶💵 Nearest strong resistance zone: around the recent maxima.
💶💵 Technical environment:
- Moving averages: Uptrened
- MACD: Uptrend
- RSI: Uptrend
- Supertrend: Uptrend
💶💵 Price action: EUR/USD Maintains its upward momentum reaching the 1.083 area today from where I expect a downward correction to be realized. Looking at the importance of the 1.08 level in the past, it doesn't look like EUR/USD can handle it the first time. I expect the execution of a larger correction from the current levels. It doesn't look like there will be any more buyers at the current levels.
💶💵 The scenario I'm playing out is the start of a larger downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
EUR/USD in a lovely rangeThe algorithm has found an interesting pattern in EUR/USD.
Red in chart
After the break of the previous channel the price has corrected a 61,8%, the fibo level but this is also the previous zone of supports and resistances. If that's not enough, it's also the last level with accumulated volume, if we move to 1,08 the volume disappears which would be the perfect storm for a rally until the zone of 1,12 where we should expect offer again.
Green in chart
To see the rally to 1,12, a fast break of 1,08 must occur. So having enyrty postitions over 1,08 could be an interesting strategy with a good risk reward ratio.
Blue in chart
The model predicted this area as a key level to stop rallying due to multiple reasons:
1. Prior supports and resistances.
2. High volume accumulation, meaning that offer is probably waiting here.
3. 61,8% fibo level.
4. High band of the new uptrend channel.
After this lateral market started dec 15, the break could firstly occur in the downside, breaking the support of 1,06. If this occurs a small double top pattern would be confirmed and we should see the price to 1,04 soon. This level would be key to see if we are still in a lateral correction of this uptrend.
💶💵 EUR/USD Chance for Continuation of Increases? 💶💵💶💵 EUR/USD Chance for Continuation of Increases?
💶💵 Nearest strong support zone: around the last correction bottom.
💶💵 Nearest strong resistance zone: outer fibo level 1.272 of the last downward correction.
💶💵 Technical environment:
- Moving averages: Uptrend
- MACD: Downtrend
- RSI: Uptrend
- Supertrend: Uptrend
💶💵 Price action: EUR/USD Still struggling to maintain gains. Friday's session brought us a strong rebound and a return to the uptrend. The candle at over 1.5% really stands out from the rest, we are currently at 0.618 fibo level of the wave from peak to bottom. At the current moment, there is a good chance to continue the uptrend from current levels. I recommend watching the resistance zones marked on the chart.
💶💵 The scenario I'm playing out is a continuation of the uptrend but with some caution about the ranges, I'll be watching closely the resistance zones that lie ahead. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
SHORT ON EUR/USDPrice has finally broken below the
support area of a Major rising wedge.
It has since given a perfect retest
of the 61.8 fib level and the bears
have now shown up on the lower TF.
Here is the play I will be taking:
Entry - 1.05828
Stop Loss - 1.06354 52 pips
Take Profit - 1.04155 167 pips
💶💵 EUR/USD Continuation of Declines 💶💵💶💵 EUR/USD Continuation of Declines
💶💵 Nearest strong support zone: around the fibo 0.236 level of the wave from the bottom to the local peak.
💶💵 Nearest strong resistance zone: around recent highs.
💶💵 Technical environment:
- Moving averages: 50/50
- MACD: Downward trend
- RSI: Downward trend
💶💵 Price action: after the strong reaction of the strengthening of the dollar yesterday, we are in the process of making an upward correction back to the area of the previous accumulation.
💶💵 The scenario I am playing is to wait for the end of the correction and accumulation in order to join the upcoming downward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
