EURUSD / 4H hello traders, welcome back to another market breakdown. EURUSD has been trading higher making lower highs new lows. The price has left a large GAP which suggets a breaout mode is on. I'll look to chase this pair in the next pull-back phase.
Preferred direction: SELL Comment: The pressure on the euro caused by fundamental factors, especially on Friday, forced buyers to retreat significantly and take aside plans to go to 1.10677. Now, the best way would be to wait for the approach to the support area 1.07882-1.08312. Thank you for like and share your views!
Hello Traders . i think Eurousd will move like this pattern . this movement happened before too . maybe this fractal happen again . what do you think? write your comments. dont forget to like and share it thank you attention : trade with your own research and risk management.
The future securities contract for the US stock market is trading mostly flat on Wednesday, ahead of the latest testimony from Federal Reserve Chairman Jerome Powell before Congress, and investors are looking for clues about future monetary policy. By 06:45 ET (10:45 GMT), the Dow Jones contract had increased by 15 points, or 0.1%, the S&P 500 contract had risen...
The EU has broken the support area, choking it to the downside with a strong momentum candle on the h4 timeframe. This is a strong sell. Use all the blues lines I drew as TP areas. You are good to sell.
In my observation, I assume that the trend has confirmed the change to the downside. Trade with care. 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.
Good morning to the London Session! Enclosed is my plan for the next few hours. If we see the pullback to the start of London, I think the marked mark is a considered entry. SL can be placed above the liquidity zone above us. Target is the EMA800 15m TF. Idea is invalid should we visit EMA800 first without seeing a pullback first. Have a nice weekend!
Take a look at our analysis for EURUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.092. The above observations make me that the market will inevitably achieve 1.084 level. P.S The term oversold refers to a condition where an asset has traded...
DXY printed a rather bullish candle yesterday. And that should provide further upside for today. Indeed, that BOJ news seem to be a trigger for that, as DXY went higher. In terms of price action, yesterday's candle looked like a reversal candle which could trigger further downside today(as it did now) but at the same time BZ could act to hold the bottom. Given...
✅EUR_USD is trading in an uptrend With the pair set to retest The rising support line From where I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURUSD had a strong rejection today just after it reached the 1.10075 Resistance A, formed by the May 10th High. The price is supported by both the Rising Support B but more importantly the 4hour MA50. As long as this holds, buy and target the Rising Resistance at 1.10500. If it crosses under the 4hour MA50, sell and target Support Zone A, where you can buy...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that EurUsd just recently perfectly retested and already rejected the quite nice bullish trendline of the weekly parallel rising channel. You can also see that the next weekly resistance is at the $1.12 level where we previous had strong...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
My dear followers , EUR/USD looks like it will make a good move, and here are the details: The instrument tests an important psychological level 1.09540 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 1.10446 Recommended Stop Loss -...
EURUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Buy EURUSD Entry - 1.09535 Sl - 1.09035 Tp - 1.10288 Our Risk - 1% Start protection of your profits from lower levels. ❤️ Please, support our work with like & comment! ❤️
Anticipating Eurusd Bulls to arrive sometime midweek during Powell's speeches. It's simply too difficult for me to not imagine some resurgence of bulls and Market optimism with risk-on buying back up to the 1.096 1Hr Zone Highs from the previous week. The Monthly candle has 11 days left in it and is now a solid bullish candle. I'm anticipating an upside push after...
The EUR/USD pair retreated on Thursday after hitting six-week highs during the European session amid a broad-based dollar pullback. However, the US currency bounced at the beginning of the New York session after Federal Reserve Chair Jerome Powell's second-day testimony before the US Congress. At the time of writing, the EUR/USD pair is trading at the 1.0965...
Currently Sitting at 4Hr Supply Zone ( 1.09945 ) Looking for lower prices as price has touched into a 4hr Supply zone and we have an upcoming london session. What we may observe is a quick spike then a hard retreat back down to 1.098 or even 1.0945 ( Both of which are daily S/R Levels) . You can observe this behavior on Eurusd from last week. I will include a...