Out of the trade overnight, break-even. And the dollar is extremely bearish, and the rest of the pairs are bullish. 0 profit.
EUR-USD shot up and Hit a horizontal resistance Of 1.11797 from where We are already seeing a Local bearish reaction and We will be expecting a Local move down !
EURUSD has been in a bullish trend, and the recent impulse move down, followed by a pullback that took out liquidity below the 1.1100 support level, could signal the end of a correction. This behaviour is typical in bullish markets, where price pulls back to gather liquidity before resuming the upward trend. Given the overall bullish sentiment, there is a strong...
EURUSD Weekly Outlook (19/09/2024): Slight Bearish Bias The EURUSD pair appears to be leaning towards a bearish bias this week, driven by several key macroeconomic factors and market dynamics. Let’s break down the main drivers shaping this outlook: 1. US Federal Reserve’s Hawkish Stance The Federal Reserve's upcoming meeting is in sharp focus, with markets...
Fed Cuts Interest Rates by 0.5% As we have frequently noted, a rate cut by the Federal Reserve seemed inevitable. Market participants debated whether the reduction would be 0.5% or 0.25%, and those predicting a 0.5% cut were proven correct. According to Bloomberg, a narrow majority of 10 out of 19 committee members supported the 50-basis-point cut. Seven...
Sell at 1.1145 Target : 1.0950 Stoploss : 1.1210 I expect the dollar to strengthen after FED rate cut. EURUSD to fall....
Conan is happy to see you all again. Currently, there are signs that the EURUSD market is bullish, with the level trading around 1.1160. Looking at our 4-hour chart, we can see that the EU has broken through the downtrend line and started to rise from 1.1068. If the price holds 1.1175, the next forecast is likely to be a drop to around 1.1130 in line with the...
The current chart shows that EUR/USD is hovering around a key area, which could be a turning point for the pair's next trend. With the current price near the 34 EMA and 89 EMA, this is a key support area that if held could provide momentum for a new rally. The price is currently centered around 1.11839, just below the short-term resistance level, which shows some...
Prices are trading near the middle line of the Bollinger Bands, which is a sign of an unclear trend or a temporary balance. The concentration of prices around this average line suggests a market without a strong trend shift in the short term. The expansion of the Bollinger Bands indicates increased volatility, signaling that the market may be preparing for a...
EURUSD is rising due to a weaker USD after the Fed decided to keep interest rates unchanged. Positive news from Europe is also supporting the Euro. Technically, the price is above the support zone of 1.11274 – 1.11601. If this zone holds, the price is likely to continue rising toward the resistance level at 1.11939. If it breaks through, the next target could be...
EUR/USD is currently "floating" around the 1.11599 level, with a strong "shield" of support at 1.10762, guarded by two "bodyguards," the EMA 34 and EMA 89. The key "wall" of resistance at 1.11838 presents a challenge – if it can't be broken, the price may retreat to regain strength from the support zone. However, if this level is breached, EUR/USD could "break...
20th September DXY: Currently at 100.60 consolidating , should trade lower, to 100.20 and could test 100 round number level. NZDUSD: Buy 0.6260 SL 20 TP 70 AUDUSD: Buy 0.6840 SL 20 TP 50 GBPUSD: Buy 1.3320 SL 25 TP 115 EURUSD: Sell 1.1190 SL 20 TP 40 USDJPY: Sell 143.30 SL 40 TP 100 USDCHF: Sell 0.8430 SL 20 TP 40 USDCAD: Sell 1.3585 SL 25 TP 50 Gold:...
Welcome to our daily EURUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.11378 Wish you good luck in trading to you all!
EURUSD continued its rising trend at the expense of USD, as market expects more Fed rate cut to come. ECB: Market price in one more cut this year Fed: Market price in 75bps cut this year. Technical: Resistence: 1.12 and 1.1275 (July 18, 2023, high) Support level to watch 1.113 (SMA 20), 1.11 (Fibonacci 23.6% retracement) and 1.1080 (SMA 100).
The analysis of the EURUSD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️
Welcome to our daily EURUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.11894 Wish you good luck in trading to you all!
Looking for short EURUSD from these points Follow the Risk Management
Pair Name = EURUSD Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Details:- EURUSD Price already moving above the main trend line. And Got a strong retesting from this Fib retracement level of 0.5 to 0.6. Now getting good volume. Price is gradually breaking the resistance levels. Our target Price will be around 1.12 to 1.13