Hello traders ,what do you think about EURUSD? This pair is undergoing an upward correction after its recent fall. We expect it to fall to the specified level after completing this correction and reaching the specified resistance zone. If this post was useful to you, do not forget to like and comment.❤️
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can observe how the price bounced from the level 1.0830 and began to fall. Euro after a small upward correction formed a resistance area 1.0775-1.0790 and continue to move. Subsequently, the price broke through the level 1.0725 and dropped to the level 1.0635, from which it bounce...
EURUSD is trading within a horizontal range on a daily. Depending on the FED interest rate decision on Wednesday, I see 2 potential scenarios. If the price breaks and closes below 1.063, I will expect a bearish trend continuation and a bearish movement to 1.054. Alternatively, a bullish breakout 1.0788 will trigger a bullish continuation to 1.081. The...
Simple Analysis This is not an Financial Advices, Follow it by your own risks.
Entry with price action bullish engulfing on time frame 30m, this entry point RRR 1:4 it's worth to risk around 2-4%. Don't forget to MM on your own risk.
Technical Analysis and Outlook: The euro-dollar price movement followed our projections as stated on Daily Chart Analysis For the Week of June 2 - the price action hit our initial upside target of Mean Res 1.076. The continuation of the pivotal rebound is expected to push to Mean Res 1.082 this week, following through the pivot move that will take us to Mean Sup...
Hello I'm not in Forex but its interesting to me and as chart said that we will have a deep correction.
Hi Traders, PLEASE SEE LINK TO ORIGINAL IDEA BELOW. Rounding off the week with an update to our forecasted EURUSD levels on the 1D chart. After the bounce from the 78.6% Fibonacci support level, there was a bullish push upwards (highlighted on the chart) and we have now pulled back near our forecasted Vector Resistance 1 level at 1.08047. The trading range on...
There are only two things that can happen on Friday's Daily Candle 1) Price may continue to create a larger weekly candle body or 2) the weekly candle will form a larger wick and retrace This week we are observing the latter Price is pulling away from the High prices created during yesterday's New York Session If the Daily candle closes beneath 1.0762 then we...
-Comeback from a sign of weakness -Bearish candle rejection -First take profit on next level -Second on the even lower support -Stop loss above bear rejection candle 3.75 r/r
EURUSD got rejected on a Rising Resistance after Wednesday's rebound at the bottom of a newly formed Channel Up. This rejection calls for a sell with the MA50 (4h) is supporting. Trading Plan: 1. Sell when the RSI (4h) crosses under the MA line. 2. Buy when the RSI (4h) hits the Rising Support. Targets: 1. The RSI (4h) Rising Support. We estimate that to be...
EUR/USD is currently in uptrend on 15m timeframe and a retest to previous higher high is diffidently a good oppartunity to long, the previous higher high also aligns with 0.5 fib level and 20 EMA on 1h timeframe which is even better and stronger confirmation of continuation. A dump to previous higher high (retest) can potenially make hidden bullish divergence on...
Welcome back! Let me know your thoughts in the comments! ** EURAUD 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...
By checking the gold chart in the 4-hour time frame, we can see that since last weeks, the price has dropped more than 1200 pips exactly as we expected, and now it is in an important range! There are two possible scenarios that I will discuss, the first scenario : price growth up to the range of the first supply range (from $1955 to $1965) and falling to $1923,...
As you can see, the price has entered the supply zine in $1974 to $1985, and according to the reaction on the chart, the possibility of falling from this level is high, considering that today we will have the NFP statistics, there is a possibility of accelerating this process. But be careful that the volatility of this news is very high and trading based on it...
As you can see, yesterday, the price fell again as expected from the range of $1965 to $1954! Now, the range of $1960 to $1965 is one of the important supply zones , and if price consolidates below this level, we can see the price fall ! Otherwise, we should look for a trigger for a SELL position in the range of $1975 to $1983! If it starts falling, its targets...
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.
-False breakout to structure level -Strong bull candles -5m MACD divergence -Profit on the next reference point -Stop below level support 2.31 r/r