Euro
Eur/Usd Ready to massive sell 155 pips!!Based on previous post i talked about how eurusd has broken. the head and shoulder neckline and price is now retresting the neckline has resistance, still the interest rate is neutral which mean dollar will gain liquidity cause of the interest rate differential so we see price respecting the 31.8% fib level which is also in confluence with the POC level of activity volume
NOTE; The only thing you have to worry about is NFP news later tomorrow and some news today. make sure you put stop loss and manage your risk. there is small probably it can do a fake out!
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After rebinding from resistance level, Euro can continue to fallHello 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 move up inside an upward channel, where it at once rebounded from the support level, which coincided with the buyer zone and made a downward movement. Euro a little more time traded between the 1.0650 level and later finally broke it and in a short time rose to the resistance level, which coincided with the seller zone and even rose to the resistance line of the channel. But then, the EUR turned around and made a correction movement, breaking 1.0730 again, after which the price rose to this level and then made a downward impulse to the support level, thereby exiting from the upward channel. But then the price at once rebounded from the 1.0650 level and made impulse up to the resistance level, some time traded near and a few moments ago started to decline. In my opinion, the Euro can continue to decline to the 1.0650 support level. So, that's why my target is this level. Please share this idea with your friends and click Boost 🚀
EURUSD - BEARISH SCENARIO 📉
As We Talked in The Previous Analysis:
The Price Broke The Support Level (1.07431 - 1.06950) .
At The Moment, The Price Has Pulled Back to This Key Level Which Has Become The resistance Level.
So, Let's Expect The Bearish Scenario:
If The Market Breaks and Closes Below The Higher Low (1.06780 - 1.07245).
We Will See a Bearish Move📉
TARGET: 1.05755🎯
EURUSD: Your Trading Plan Ahead of the FED 🇪🇺🇺🇸
Multiple time frames analysis for EURUSD.
Price action & important key levels.
Potential scenarios.
Trading plan.
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EURO - Price can start to rise from support level to $1.0740Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A not long time ago price broke $1.0840 level and continued to fall near resistance line to $1.0725 points.
Then EUR started to rise near support line to $1.0840 level, breaking resistance line.
When Euro reached $1.0840 level, price rose a little higher, but soon turned around and made downward impulse.
Price broke $1.0840 level with support line and declined to support area, which coincided with support level.
After this, price some time traded between this level and later Euro finally broke it, and even rose higher resistance line.
But recently price fell almsot to support level, so, I think Euro can bounce up from this level to $1.0740
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EURUSD Short-term Bull Flag targeting top of Channel Down.EURUSD held the 4H MA50 (blue trend-line) as Support both today and on Friday and is rebounding. This is a short-term Bull Flag within the 4-month Channel Down pattern that is targeting its top (Lower Highs trend-line).
As per the previous Bullish Leg of the Channel, we are targeting the 0.618 Fibonacci retracement level at 1.08300.
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HelenP. I Euro can correct to support level and then rebound upHi folks today I'm prepared for you Euro analytics. Some days ago price rose to the resistance level, which coincided with the resistance zone and broke it, after which rose a little more. Then EUR started to decline inside the downward channel, where it in a short time declined to the resistance level and broke it one more time, but soon it backed up and reached the trend line. After this, the price rebounded from the trend line and declined to the support line of the channel, thereby finally breaking the 1.0865 level. Then Euro rebounded from the support line and rose to the resistance level and some time traded near, exiting from the channel later. Also, the price broke the trend line, but soon Euro rebounded from the 1.0865 level and made a downward impulse to support the level, breaking the trend line again. After declining to the 1.0650 level, Eur some time traded in the support zone and then rebounded up from it. Euro reached the trend line and a not long time ago rolled down. So, just now, I expect that the Euro will decline to a support level and then rebound up to the trend line. Then price can break this line and continue to grow, therefore I set my target at 1.0765 points. If you like my analytics you may support me with your like/comment ❤️
EUR/CAD: Leveraging Range-Bound Trading OpportunitiesThe EUR/CAD pair, since January 1st, 2023, has been traversing within a defined range, characterized by notable reversals between support and resistance levels. Recent market movements have unveiled a potential reversal pattern, signaling opportunities for astute traders.
Initiating from its recent peak at 1.5050, EUR/CAD has embarked on a new trajectory, marked by a reversal pattern that warrants close attention. Notably, during Friday's trading session, the price encountered resistance, failing to surpass the 50% Fibonacci retracement level from its preceding lower low. This development underscores the significance of technical analysis in discerning potential market movements.
Moreover, seasonal trends play a pivotal role in shaping price dynamics, and EUR/CAD is no exception. Historical data indicates a seasonal pattern where prices tend to decline until October. Armed with this insight, traders can strategically position themselves to capitalize on anticipated price movements.
At our trading desk, we are closely monitoring these developments, poised to seize opportunities presented by the current market configuration. Leveraging our analysis, we are inclined to open a short position, targeting the 1.4200 level. However, it's crucial to acknowledge the possibility of further downward movement, potentially breaching the support level of the established range area.
EURAUD:🔴Bearish scenario🔴
Well, as you can see, the price purged the weekly external range liquidity, had a bearish reaction, and shifted the market structure, most likely we are on the sell side of the curve now.
Recently the price took the sell side liquidity which can cause the price to move higher to collect the buy side liquidity and then drop to draw on liquidity.
The price can move lower from here to 4-hour FVG and collect the first sell-side liquidity. If the price goes higher we can sell above buy-side liquidity, by lower time frame confirmation.
💡Wait for the update!
🗓️22/04/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Euro can rebound up to seller zone, breaking resistance levelHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago rose a little and then made a strong downward impulse to the support level, which coincided with the buyer zone, breaking the 1.0740 resistance level. After this movement, the EUR turned around and started to rise inside the upward channel, where it firstly a little rose and then declined to the buyer zone. Price some time traded in this area and soon exited from it, making a fake breakout of 1.0625 level and then rose almost to the resistance line of the channel. But soon it turned around and declined to support line of the channel, after which rebounded up, making a fake breakout of the support level one more time. After this movement, the Euro in a short time rose to a resistance level, which coincided with the seller zone, and not a long time ago rebounded and started to decline. At the moment, I think that the EUR can almost decline to the support line of the channel and then rebound up to the seller zone, breaking the resistance level. So, that's why I set my target at the 1.0760 level, which is located in the seller zone. Please share this idea with your friends and click Boost 🚀
EURUSD - New Breakout 📉Hello Traders !
Previously, The EURUSD Price Formed a Bearish Double TOP Pattern.
Currently, The Price Broke The Support Level (1.07431 - 1.06950) .
This Support Level Becomes a New Resistance Level.
So, I Expect a Bearish Move 📉
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TARGET: 1.05755🎯
EURUSD - Long Trade IdeaHello folks,
I am generally bearish on EURUSD at the moment, and I am still waiting for lower prices, but we could see more bullish momentum first. The logic behind this is of course to lure more bullish traders into the market, but I also do not see any significantly high impact news yet.
However, if you see my other analysis, I am looking for a monthly close below the Monthly iFVG in order to be used as resistance, as mentioned in my previous analysis. That being said, take this trade idea as less than a A+ setup. Most of the probability of this trade lies price being at a ranged Discount, and in the efficacy of my R2F Gap coupled with a possible London Judas Swing.
Safe trading!
- R2F
Week 18 Analysis (29Apr) + Week 17 ReviewWelcome Fellow Traders!
Tech Analysis for the coming week + review of the current!
Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned!
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EURO - Price can bounce up from support level to resistance lineHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price entered to wedge, where it at once bounced from support line and little rose, but then started to decline.
Price fell to resistance area, after which bounced up to resistance line of wedge and then in a short time declined to support line.
Also, price broke $1.0845 level, but later EUR rose to resistance area again, exiting from wedge, and some time traded in.
Then Euro made downward impulse from resistance area lower support area, after which turned around and started to rise in channel.
Inside channel, price broke $1.0670 level and later rose to resistance line, but recently bounced and fell.
In my mind, Euro can decline to support level and then bounce up to $1.0765
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EURUSD will Attack to Support zone⚔️===>>(➡️RR=2.92)🏃♂️ EURUSD is moving in the 🟢 Support zone($1.0695-$1.0626) 🟢, but I expect it to be broken based on the explanation below 👇.
🌊According to the theory of Elliot waves , EURUSD seems to have completed the Double Three Correction(WXY ) in the 🟢 Support zone($1.0695-$1.0626) 🟢.
📈Regarding Classic Technical Analysis , EURUSD has successfully formed an Ascending Broadening Wedge Pattern Reversal Pattern .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect EURUSD to go DOWN at least to the lower line of the Ascending Broadening Wedge Pattern , and EURUSD will probably break the 🟢 Support zone($1.0695-$1.0626) 🟢.
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EURUSD
🔴Position: Short
✅Entry Point: 1.06975 USD (Limit Order)
⛔️Stop Loss: 1.07420 USD
💰Take Profit:
💰Take Profit:
🎯1.06303 USD👉Risk-To-Reward: 1.51
🎯1.05674 USD👉Risk-To-Reward: 2.92
⚠️Please don't forget to follow capital management.
⚠️Please pay attention to the style of opening the position.
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Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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EURCAD - NEW BREAKOUT 📉Hello Traders !
On Thursday 25 April, The EURCAD Price Reached The Resistance Line and Failed To Break it !
The Last Higher Low is Broken (Change of Character).
So, I Expect a Bearish Move 📉.
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TARGET: 1.45965🎯
EURJPY SHORTOANDA:EURJPY
The pair is extremely overbought also shows signs of divergence. A clear doubletop is forming. At the moment the price action is largely dependent on BoJ decision, but it seems that it is ready to support the Yen. The trade is risky, but the reward is considerable.
Strifor || EURUSD-26/04/2024Preferred direction: BUY
Comment: All previous trading ideas for the euro were closed with profit. For now, it's best to wait until next week, but we're already highlighting the two most likely scenarios. The euro remains bullish and there is short-term growth potential. In addition, there are assumptions regarding the level of 1.09000. and even 1.09500 , where the price may be heading. But these are just thoughts and rumors for now.
There are two most likely scenarios in front of you; there is a possibility that today the price will record its presence near 1.08000.
Additional comments on this trade will be provided as situation changes. Follow us!
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EUR/USD Update: Assessing Bullish Momentum and Risk FactorsAs the new trading week kicks off, the EUR/USD pair finds itself in a sideways movement, hovering around the 1.0660 mark. Last week, market participants witnessed a potential bullish momentum, sparked by several technical signals indicating a shift in sentiment.
One notable signal was the recognition of a bullish impulse originating from the 78.6% Fibonacci retracement levels, coupled with oversold conditions observed in stochastic indicators. This convergence of technical indicators often suggests a potential reversal or continuation of a trend. Adding to the bullish case, a Gartley formation and divergence patterns were also identified, further bolstering the optimism among traders.
However, amidst these technical signals, the absence of significant economic data releases leaves the pair vulnerable to fluctuations in risk sentiment. The valuation of the US Dollar (USD) could be influenced by market perception of risk, particularly as traders await key economic indicators scheduled for release later in the week.
Tomorrow's agenda includes crucial economic data from the United States, notably the Flash Manufacturing PMI, Flash Services PMI, New Home Sales, and the Richmond Manufacturing Index. These releases have the potential to sway market sentiment and dictate the direction of the USD.
Furthermore, the performance of US stock index futures provides insights into market sentiment. Futures indicate a positive opening for Wall Street, with gains ranging between 0.3% and 0.5%. A continuation of this positive momentum on Wall Street could exert downward pressure on the USD, consequently supporting further upside potential for the EUR/USD pair.
Beyond economic data releases, market participants will also keep an eye on developments in Europe. The European Commission is set to release preliminary Consumer Confidence data for April, offering insights into the sentiment among European consumers. Additionally, European Central Bank (ECB) President Christine Lagarde is scheduled to deliver a speech during American trading hours, potentially providing clues about the ECB's monetary policy stance and its impact on the Euro.
In conclusion, the EUR/USD pair navigates a consolidation phase near 1.0660, buoyed by technical signals indicating a possible bullish reversal. However, the pair remains sensitive to shifts in risk sentiment and awaits crucial economic data releases to determine its next directional move. With eyes on both sides of the Atlantic, traders brace themselves for a week filled with potential market-moving events.
EUR/NZD H4 | Potential bullish reversal off overlap supportEUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level.
Stop loss is at 1.7830 which is a level that lies underneath a pullback support.
Take profit is at 1.8134 which is a pullback resistance.
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EURUSD: Important Decision Ahead 🇪🇺🇺🇸
Technical analysis of EURUSD ahead of important US Fundamentals.
Price action, key levels analysis.
Potential scenarios.
Trading recommendations.
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HelenP. I Euro will continue to decline to $1.0640 levelHi folks today I'm prepared for you Euro analytics. A not long time ago price in a short time rose to the trend line and then made a strong impulse down to the 1.0730 resistance level, which coincided with the resistance zone and even soon broke it. After this movement, the price declined to the support zone, which coincided with the 1.0640 support level, but at once rebounded and started to rise inside the upward channel. In the channel, the Euro some time traded in the support zone and then broke the 1.0640 level again and little rose, after which made a correction to this level. Price some time traded near this level and later rebounded up to the trend line and soon broke it. After this, EUR made a retest and continued to move up to the resistance line of the channel. But when the price reached this line, which coincided with the resistance level, it rebounded and started to decline. So, just now, I think that the Euro will continue to decline to the trend line, which coincides with the support level. That's why my target is a 1.0640 level. If you like my analytics you may support me with your like/comment ❤️
