EUR/CAD has broken out of the support level which is an overlap support and could drop from this level to our take profit. Entry: 1.50343 Why we like it: There is an overlap support level. Stop loss: 1.50851 Why we like it: There is a pullback resistance level which is slightly below the 50% Fibonacci retracement. Take profit: 1.49598 Why we like it: There is a...
The EUR/USD pair is currently approaching a significant resistance zone, which is highlighted in the chart. After a strong bullish move, the price has shown signs of weakening momentum, suggesting that this resistance area could act as a reversal point. The resistance zone around 1.1200 - 1.1185 is crucial. A rejection here could lead to a significant drop...
EUR/GBP is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which is a pullback support. Pivot: 0.8476 1st Support: 0.8437 1st Resistance: 0.8507 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
Coming into this week, we maintained a very clear bullish directional bias that we identified last week in our analysis. We do not expect this bias to change suddenly. You can see in our chart that we have a straightforward idea, which is a continuation of the trend from the similar trajectory we established last week. However, if the price sells off, giving us a...
The EURUSD pair broke through all major medium-term Resistance levels, with the latest being the 1W MA200, but is now facing perhaps the most important Resistance of all. That is the Lower Highs trend-line, that started during the height of the 2008 U.S. Housing Crisis on July 2008. As you can see on this 1M time-frame, this Resistance is technically the top of...
Trading Setup: There is a Trading Signal to Sell in EURGBP Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 0.8579 ⭕️SL@ 0.8627 🔵TP1@ 0.8471 🔵TP2@ 0.8406 🔵TP3@ 0.8326 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
EUR/CHF is reacting off the support level which is an overlap support and could rise from this level to our take profit. Entry: 0.94637 Why we like it: There is an overlap support level. Stop loss: 0.93811 Why we like it: There is an overlap support level which lines up with the 50% Fibonacci retracement. Take profit: 0.95768 Why we like it: There is a...
EUR/GBP is currently reacting off the support level which is a pullback support that lines up with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8458 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.8406 Why we like it: There is a pullback support...
The Fiber (EUR/USD) is reacting off the pivot and could potentially drop to the 1st support which has been identified as a pullback support. Pivot: 1.1195 1st Support: 1.1164 1st Resistance: 1.1219 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
We will be buying EURUSD based on this profitable private trading indicator that we have attached to our chart. We followed the BUY signal produced by the indicator and have now entered a new trade for EURUSD. we will be taking profit at the resistance level above.
Here is my latest structure analysis and important support & resistance levels to pay close attention to on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
1D (daily) timeframe: We continue to remain in a clearly defined long context without any corrective movements, covering all high-liquidity zones (FVG). The main target is higher and will be reached after a rebalancing move downwards.
The 1W (weekly) timeframe continues to remain in a long context. The main target has not yet been reached. Most likely, the upcoming week will be in a correction phase, after which the target will be achieved.
Hello my guys We have more the more of liquidity So the market should take it So that get energy So I think it will drop
Hello traders, I want share with you my opinion about Looking at the chart, we can see how the price hit the support level, broke through it, but then quickly turned around and dropped to the lower part of the range. After that, the EUR reversed and bounced back up to the 1.0960 level, broke it again, exiting the range, and then climbed to the resistance line. The...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.84800 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.84800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.11300 zone, EURUSD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.11300 support and resistance area. Trade safe, Joe.
The euro surged to its highest level in a year yesterday, marking a fourth consecutive day of gains, before turning red. This rally suggests growing market confidence that the eurozone may avoid a hard landing. Recent data supports this sentiment: final inflation figures for July show core inflation, which excludes volatile food and energy prices, holding steady...