Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.10 zone, EURUSD was trading in an uptrend and successfully managed to break it out. Currently EURUSD is in a correction phase in which it is approaching the retrace zone at 1.10 resistance. Trade safe, Joe.
Preferred direction: BUY Comment: Another false breakout was formed for the currency pair at the level of 1.09071. For now, this level keeps the price from falling to more significant supports. All while, someone has been gathering a position (which is evidenced by the formed balance of ~1.09071-1.09623). We should say shorts exceed purchases, that is exactly...
ear Traders, . please don't jump in market blindly. protect your equity first. Comment down your views let's discuss. If you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 1st trade running 95 + pips 2nd 75 pips and now I have 3rd trad
Mixed Trading Day Driven By Market Reactions To Powell's Remarks And Tech Stock Performance Key News: USA - Fed Chair Powell Speaks USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (May) During Wednesday's trading session, the Nasdaq saw a moderate rise, driven by the positive performance of large-cap stocks. However, contrasting...
On Wednesday, the EUR/USD experienced a decline, briefly dropping below the 1.0900 level before recovering during the American session and reducing its losses. The Euro's strength is supported by expectations of a rate hike by the European Central Bank (ECB), a sentiment reaffirmed by comments from ECB President Lagarde. Simultaneously, increasing speculations of...
Past Performance Overly, buyers are upbeat, but the past few trading days have been choppy and highly volatile. From the daily chart, bulls are in control, but the failure of prices to float above $1.1000 or stay below $1.0900 by close of today means traders should watch for conclusive breakouts before committing. #EURUSD Technical Analysis Trading volumes...
On CAD/CHF, we have a price at 0.6870 where, according to my analysis, it appears to be consolidating before a potential upward move. I believe it could be a long position since we have a price with favorable volumes and a price that has retraced within our reaction point. The target is a simple 1:3 risk-reward ratio, as we have an equal amount of selling volumes...
the analysis corresponds to the area where the reversal is expected. the price is right towards the fibo retrace 0.236 and also the QM area. with the price movement until now still in accordance with the analysis, there is a high probability of EURUSD bearish until the support area below. there is an opportunity of +190pips to gain profit.
Hello traders ,what do you think about EURUSD? We expect this pair to fall to the specified level after reaching the resistance zone and completing the pullback to the broken trend line If this post was useful to you, do not forget to like and comment.❤️
I was looking for a dip for a move higher for EURUSD. The 1.0940 gave a good 20 pips up move but it tested the high and failed and came down, before recovering half way to end the day. This morning, now, EURUSD is continuing the down move at a key level + PZ level. Price is bearish below the two zones with a possible move to test yesterday's low 1.0896 and 1.0886...
THETA is moving in a descending channel after a heavy drop and has reached an important support area with a lot of liquidity behind it. Expected to start an upward wave to the $2 range after collecting existing liquidity and completing institutional orders. Please zoom out on the chart to see the details Thank you for your support 🙏
I believe that the weekly, H4, H1 timeframes are in alignment. the weekly range has a potential of filling the imbalance in the market. Practicing a strategy. OANDA:EURUSD 1. MSS 2. FVG 3.Imbalance
EURUSD - Classic bullish setup - Our team expects growth SUGGESTED TRADE: Swing Trade Long EURUSD Entry Level - 1.09182 Stop Loss - 1.08835 Take Profit - 1.09702 Our Risk - 1% Start protection of your profits from lower levels. ❤️ Please, support our work with like & comment! ❤️
In the H1 timeframe, the EUR/USD currency pair is currently exhibiting an overbought Relative Strength Index (RSI) condition. The price action indicates the formation of a right shoulder within a potential Head & Shoulders pattern. Based on our analysis, we anticipate a reversal from this point, suggesting a new short position opportunity. In contrast, the...
I am still bearish biased. I expect a solid break of the Bullish Channel in coming hours, and the next Profit is seen to be in the (C) region. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
XRP broke its uptrend line in the weekly time frame and stopped at the extremely important level of $0.30 Pay attention to the image below Further, although the down trend line has been broken, the level of the resistance range of $0.5-0.6 has prevented stable price growth According to these contents and the daily and 4H charts, We expect it to retest its...
Preferred direction: BUY Comment: The sellers were able to dominate the market and for today managed to drive the price below 1.26525. This fact promises further fall to 1.25381. The medium-term perspective of the instrument will depend on this level. A potential SELL entry point at the moment is a small rollback towards the level of 1.26525. However, a deep...
🔰 Pair Name : EUR/USD 🔰 Time Frame : 1H/4H 🔰 Scale Type : SMALL Scale 🔰 Direction : SHORT/SEL Yesterday, the EURUSD pair established a notable bottom and subsequently retraced to a point midway within the selling liquidity. Worth noting is that upon reviewing the 1-hour and 4-hour charts, it becomes evident that the price of EURUSD has not yet reached its...