You can see that, price break a down trend and make a swing HH-HL in h4 timeframe. Now, price is retesting support zone. You can setup a buy order here + Trend : up (h4) + SR : Support + Signal : PA
EURUSD is testing a pullback resistance at 1.0950 - there is a chance that it might reverse from this historically strong level to make a push down towards 1.0890 which is the 23.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider)....
23 risk to reward ratio .. and just 10 pip stop loss just lets see what happens next
2023.6.16 Daily European Perspective USDX has plummeted ! Hello, I'm Older Duan. Today is Friday, June 16 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 U.S. Dollar Index broke...
With the ECB seemingly acting more hawkish than the Federal Reserve at their respective central bank meetings, the U.S. dollar has weakened considerably. Could EURUSD hit the buy entry and potentially climb higher from here? We could see momentum carry price up to our take profit target. Entry: 1.09497 Why we like it: There is an overlap resistance Stop Loss:...
EURUSD Forecast for now the price is in the D1 resistance area on the red SnD zone. there is a high probability that a limited correction will occur.
European Central Bank (ECB) President Christine Lagarde affirmed during the post-meeting news conference that the ECB is likely to continue raising rates in July. Lagarde emphasized that they are not yet at their destination and still have ground to cover in reaching their target. The decision to raise rates by 25 basis points was in line with the ECB's...
Coin World reported that according to Twitter user Ember Monitoring, the giant whale wallet 0xBoby1337 sold 3,728 stETH (approximately US$6.71 million) at a price of US$1,802 on June 10. He is gradually repurchasing stETH. At present, he has spent 4 million USDT to buy back 2343 stETH, with an average price of 1707 US dollars.
Dear colleagues, the price has broken out of the triangle pattern. It is likely that the price will reach the resistance area at 1.09979. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
✅EUR_USD will soon retest a wide resistance level of 1.098 So I think that the pair will make a pullback And go down to retest the demand level below around 1.091 area SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Called for EURUSD 1.0950 on Wednesday () hit it with almost 200 points ripper yesterday after an initial pullback to my level and boom. Target hit; what's next? DXY also nicely hit my target at 102.20. I see possible strong support at 101.90 thus if that price touches, we should see a big bounce, which means EURUSD might spike and come down. Based on this,...
EURUSD rallied from open, hit resistance before cooling off. Overall GBP was the winner yesterday. But despite the cool off yesterday, price action still looks bullish. Looking for further upside, even on dip for a move to 1.0950 or so near term.
The target of this pattern is measured by the depth of the cup , by measuring we see that price might continue on this bullish run to 1.11690 which also happens to be an important resistance from which the markets made a rally to the downside back in 31 march 22. Fundamentals are also on the EURO side as Europe exchange rates were higher after the European Central...
I see W pattern in support zone (DAILY). Breaking the support 1.074 in 4h timeframe and retesting that zone, now I'm waiting to be rejected there and go up to 1.093-1.095 .
Yesterday we maintained bullish structure all day until we saw rejections with the release of FOMC, even though the news was expected and already priced in by the market. Today we have the ECB's rate decision and the US jobless claims data at quite similar times. I will personally avoid making any trades until both of these events have passed and the market has...
Based on my analysis, I anticipate the index to sustain its upward momentum towards the determined resistance zone. However, it's essential to remain cautious as signs indicate a potential recession on the horizon, which might limit the likelihood of reaching new highs. Furthermore, it's worth noting that the index recently experienced a picture-perfect pullback...
hello dear traders this price action and my road map on EUR with btc pair after corection price can test harmonik ABCD on (sell zone ) i set alert for my buy zone and supourt zone and looking for confirmation in lower timeframe goood luck
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...