Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to rising channel, where it at once broke $1.0735 level and some time traded in support zone. Later EUR reached support line of channel and then bounced up to resistance line of channel, breaking $1.0735 level. Also, price made a gap,...
EUR/USD has surged to highs not seen since July 2023. However, such has been the rush to buy since the start of August, it’s now sitting at extremely overbought levels on RSI (14) on the daily. That should be a worry for late-to-the-party longs considering that outside the early stages of the pandemic, whenever EUR/USD has been this overbought, it’s coincided...
EUR/CAD is rising towards the pivot which has been identified as a pullback resistance and could reverse to the overlap support level. Pivot: 1.52076 1st Support: 1.51182 1st Resistance: 1.53004 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 CFDs...
EUR/NOK is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which aligns with the 127.2% Fibonacci extension. Pivot: 11.74014 1st Support: 11.60040 1st Resistance: 11.84572 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...
EURUSD FVG testing and ... to UP we are wating to go about 0.095 price
EUR/JPY is reacting off the support level which is an overlap support that is slightly above the 38.2% Fibonacci retracement and could rise from this level to our take profit. Entry: 161.19 Why we like it: There is an overlap support level that is slightly above the 38.2% Fibonacci retracement. Stop loss: 157.59 Why we like it: There is a pullback support level...
it's still too soon to jump to a conclusion but it seems EUR/USD is moving inside a big diagonal triangle and right now has hit the upper dynamic trendline. we can sell EUR/USD if the price shows some bearish signs around here. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For...
Hi folks today I'm prepared for you Euro analytics. A few moments ago price rebounded up from the trend line and rose to support 2, which coincided with the support zone. Soon, the price broke this level and continued to grow, but later turned around and made a correction movement to support 2. Next, the price bounced and some time traded near this level until it...
The EURUSD pair has broken above its 1W MA200 (orange trend-line) for the first time in more than 1 year (since the week of July 17 2023). With this move it entered the (red) Resistance Zone of the practically Rectangle pattern that it has been trading in for more than 1.5 years. Technically, the above conditions offer a great opportunity to sell for the...
EUR/AUD has reacted off the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 1.65358 1st Support: 1.62714 1st Resistance: 1.67679 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 CFDs may not be suitable for all...
EUR/NZD is falling towards the pivot which has been identified as an overlap support and could reverse to the pullback resistance. Pivot: 1.80567 1st Support: 1.79290 1st Support: 1.79290 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 CFDs may not...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a not long time ago declined a little and then made a strong impulse up, thereby breaking the support level, which coincided with the support zone. Also, the price started to grow inside the upward channel, where it later reached the resistance line and then...
Starting off our week as always with EUR/USD, we have a very simple markup for you this week. We liquidated our four-hour high, which was created after the break of the previous structural high. This has now established a clear liquidity trajectory to the upside. We have an area of demand that sits around the 50% level of the last created range. This will be the...
EUR/CHF is reacting off the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.95493 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.96505 Why we like it: There is a pullback resistance...
EUR/JPY is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 159.97 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci retracement. Stop [ loss: 157.59 Why we like it: There is a pullback support level...
Market sentiment is leaning towards three more rate cuts from the European Central Bank (ECB) this year, while economists are more cautious, expecting just two. Should the economists be correct, 2023’s high for the EUR/USD pair could be back in play. The market's confidence in ECB rate cuts outpaces that in the Federal Reserve. The Fed, facing closer scrutiny,...
Eurusd is very likely to be heading upwards for this entire week ahead! We are using this private trading indicator attached to our chart to forecast the outcome for EURUSD and based on the indicator EURUSD is a great buy!
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into...