My analysis for this week aligns well with both DXY and GBP/USD, as the dollar is approaching a major supply level. When the price reaches that supply zone, I expect EUR/USD (EU) to mitigate its daily supply, potentially forming a Wyckoff accumulation pattern. Once this pattern is completed, I plan to look for buying opportunities, potentially holding positions at...
AB=CD Harmonic Pattern Pattern Formation: The EUR/USD pair is currently forming an AB=CD Harmonic Pattern , which is a common and reliable formation in technical analysis. This pattern is typically seen as a strong indicator of potential price movement, making it a crucial point of interest for traders. Fibonacci Retracement & Projection Analysis: The BC leg...
This week, my analysis has diverged from GU due to the bullish reaction in EU triggered by the NFP, causing a CHOCH (Change of Character) to the upside. The higher time frame structure has broken, creating clean demand zones. I now expect price to retrace to one of these demand zones before continuing its upward movement. If price continues to rise and fully...
Greetings Traders! Current Market Analysis: At the moment, EURUSD appears to be positioned for a continuation of bullish institutional order flow. Despite reaching deep premium prices, evidence suggests that the price may push into even higher premium levels. Key Observations: Predominant Bullish Trend: The market has exhibited a strong bullish trend...
EURUSD ANALYSIS TODAY look for buy opportunities. Follow us for more forex signals
EURUSD is moving upwards this week up to 1.08436. Look for buy opportunities only. Have a fruitful week and to don't forget to click follow button. Next am posting GBPUSD
This week's bias closely resembles that of GU, where I'm seeking buying opportunities towards a subsequent selling position. With price melting down and breaking structure to the downside, it has created numerous imbalances that need filling, prompting this bullish outlook. I'll be patient, waiting for the accumulation phase to complete along with a confirmation...
HELLO everyone I am currently looking at the eurusd. looking at this pair I can say I shall expect great sell after it correct with short buy then impulsive move to the downside. tell me what you think
Personal suggestion for you EURUSD price trend to continue up during session It is expected that price will continue in the up trend and can approach the price range of 1.08492 Note: Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
My idea for EU at the moment is for it to push higher in order to take out the trendline liquidity that sits above. I expect price to do a similar move to GU in which I expect a bit more upside left to validate this newly marked out 4 hourly demand. Then I anticipate a pullback within this demand to take out liquidity above and tap into the 12hr supply zone that I...
in the starting of this week we should eyes on the majors pairs movement in this chart you can see good bullish formation for medium term long trade from the level 1.0800 you can take long for target 1.1050 the most important support range is looking as 1.0800 level and we can hold this trade for 150-200 pips
EU Liquidity taken out and we can expect buy momentum till extreme POI Mitigation. Once price mitigate the extreme POI and create any reversal indication then we can sell for longer term.
EURUSD fell from the Resistance Zone into a two-legged pullback around the Daily 30EMA. There isn't much for bear strength, so are we in a position to long? How do we trade this? 🤔 A long could definitely be justified if we get a strong bull close above the Daily 30EMA. We have a two-legged pullback from the Resistance Zone, several doji and weak bear bars...
This week's bias for this pair aligns with GU, and I'll be aiming to initiate long positions from the demand levels positioned just beneath the current price. Whether it's from the nearby 2-hour demand zone or the 10-hour demand zone situated below, my objective is to buy back up to a supply level or potentially target the equal highs positioned above. Ideally,...
EURUSD rejected nicely off of the Resistance Zone at 1.10 and fell to 1.07300! If you shorted at the Resistance Zone per my last analysis, hold that short! It's reasonable to take profits here around 1:1 Risk/Reward and swing the latter half, but will we make it to the bottom? How do we trade this? 🤔 If you're not currently in a trade, I would wait until the...
The majority of foreign exchange strategists expect the recent decline in the US dollar to continue throughout the year. The main driver for major currencies for the rest of 2023 is likely to be economic indicators. A stronger-than-expected U.S. economy and rising Treasury yields caused the dollar, which had been rising against other currencies, to fall. This...
✔️EURUS is expected to rise ✔️Recommended to consider buying 🟢 Try to BUY🔼 all the Dips !!! ✔️Confirmation Buyer Limit Area 1.0524 & 1.0568 Zone Now try to go up with new buyers... ✔️Buy the dips!!!