The EUR/USD pair is moving a tad lower on Tuesday after two consecutive daily declines as US traders return to their desks following Monday's holiday. At the time of writing, the EUR/USD pair is trading at the 1.0920 zone, a few pips below its opening price, having pulled back from a daily peak of 1.0946 struck during the European session. The euro benefitted in...
Building permits and housing starts were better than forecast, this may cause some selling in EUR/USD.... The HTF daily chart is both short term and intermediate term bullish, However the market is currently trading within a HTF 4hr timeframe gap which was formed last week... i am anticipating that the market will fill this 4hr gap due to todays bearish EUR/USD...
EURUSD stabilizing prices above 1.09416 will support raising to touch 1.0986 and 1.1030and 1.1070 if the price stable under 1.0908 then the movement will be between 1.0874 and 1.0850 support line : 1.0874, 1.0850, 1.0824 resistance line : 1.0986 , 1.1030 , 1.1070 The expected general trend for today: is bearish timeframe: 4H
D | 4H | 15M | Daily: The swing structure indicates a bullish trend, and the current leg's objective is to surpass the recent daily high. It would be beneficial to analyze lower time frames for potential continuation entries. 4H: We observed a significant supply zone, along with a bearish candlestick pattern. This suggests a potential pullback towards...
EURUSD the price will consolidate between 1.0970 and 1.09128till breaking stabilizing above 1.0970 will support rising to touch 1.1000 and 1.1074 stabilizing under 1.0912 will support falling to touch 1.0870then will start to up again when stabilizing above 1.0970 because there is the strong support price Pivot Price: 1.0970 Resistance prices: 1.1000&...
There are no new events from a reactive standpoint or headlines and minimal change in price on EUR/USD. So I have the same analysis, sentiment, focus points and trade ideas as my previous morning analysis. Fundamental Lesson - Consumer Price Index Key points: - Disinflation in Core CPI and headline reading. - FED 'skips' rate hike in June FOMC meeting and...
Preferred direction: BUY Comment: In the near future, it is very likely that the US dollar will weaken (short term). In anticipation of this, an excellent formation was formed on the GBPUSD pair. The potential move to the level of 1.28484 (minimum). Important conditions for. Thank you for like and share your views!
Hi folks today I'm prepared for you Euro analytics. After the price bounced from the resistance level which coincide with the resistance zone, it started to fall and first declined to the support level. The price didn't fix it there, broke the support level, and continued to fall to the support zone, thereby breaking the trend line too. Later, Euro bounced from...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Preferred direction: BUY Comment: Closing the price above the local resistance 76.30 creates a potential movement for buyers towards 77.39. This will be another major buying hurdle as it is medium term resistance. Given the context of the price movement towards this resistance, there is a very high probability of a breakout to the upside. Perhaps this will not...
Based on the latest analysis, we can see that the price faced buying pressure again from $1946 and was able to grow up to $1960. After that, with the announcement of the news and the interest rate remaining stable, the price faced a heavy fall again, and this time by moving towards the Liquidity Pool below $1932 was able to create demand pressure again and grow up...
Looking for a possible EURUSD long off the 15m bullish orderblock + FVG
Investors Await Central Bank Actions Amid Global Economic Concerns and Uncertainties Prevail Today events: USA - Building Permits (May) USA - FOMC Member Bullard Speaks USA - Housing Starts (MoM) (May) USA - FOMC Member Williams Speaks Eurozone - ECB McCaul Speaks Eurozone - ECB's De Guindos Speaks On the evening of Monday, following a public holiday, there...
Preferred direction: BUY Comment: The focus of attention still at the level 1.09526, that acts as a local resistance. The closest approach to this level, combined with a price close above this level, will generate buying in the market with the target at the level 1.10677. Closing the price above the level may be today. Thank you for like and share your views!
Hi Traders! A new range zone has been established on the EURUSD 1H chart, and there may be some opportunities for entries before a breakout. The current range is roughly 39 pips, so the range zone is quite small. Resistance to the range zone is at 1.09463, and support is at 1.09072. There was a previous price rejection at 1.28486, which we have highlighted on...
2023.6.20 Daily European Perspective USOil is changing ! Hello, I'm Older Duan. Today is Tuesday, June 20 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the daily line of the U.S....
EURUSD has bounced off a key overlap support and is moving higher. We could see momentum carry price up to our take profit target. Entry: 1.09118 Why we like it: There is an overlap support Stop Loss: 1.08472 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Take Profit: 1.10054 Why we like it: There is an...
I expect a decisive reaction from the Rectangle area in coming hours or days. We should either get a long term reversal or a short term continuation upside from there. 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.