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37 minutes ago

nice 3R to start the week tradingview.com/x/DJiBqWZ6

1 hour ago

📊 EURUSD 27th January 2025 Daily Analysis Based on Main Key Levels

Current Market Overview

The current Daily Current Market Price (DCMP) for EURUSD is 1.04603. This analysis highlights key resistance and support levels, along with actionable trade setups based on technical and fundamental analysis.

Key Levels Summary

Resistance Levels Above DCMP (1.04603)

🔺 Resistance 1: 1.05252
🔺 Resistance 2: 1.05854
🔺 Resistance 3: 1.06828

Support Levels Below DCMP (1.04603)

🟢 Support 1: 1.04277
🟢 Support 2: 1.04082
🟢 Support 3: 1.03303

Swing Levels

📊 Swing High: 1.06828
📊 Swing Low: 1.01779

Trade Setups

💼 Intraday Buy Trade Setup

Entry Price: ✨ 1.04277
Stop Loss: ❌ 1.04000
Take Profit 1: 🎯 1.04500
Take Profit 2: 🎯 1.04600

Reason for Entry:

The support level at 1.04277 is below the DCMP, establishing a strong buying zone. This level coincides with significant technical support, indicating potential for upward movement.

💼 Intraday Sell Trade Setup

Entry Price: ✨ 1.05252
Stop Loss: ❌ 1.05500
Take Profit 1: 🎯 1.05000
Take Profit 2: 🎯 1.04800

Reason for Entry:

The resistance level at 1.05252 is above the DCMP, indicating a strong selling zone. This level aligns with key technical resistance, suggesting potential for downward movement.

Analysis Summary

Resistance and Support Levels: Key levels derived from technical analysis indicate potential reversal zones. Resistance levels are identified at 1.05252, 1.05854, and 1.06828, while support levels are at 1.04277, 1.04082, and 1.03303.

Pivot Levels: The identified pivot level at 1.04277 serves as a critical point for potential price reversals.

Fibonacci Levels: The identified support and resistance zones highlight significant retracement and extension levels, providing potential entry points for trades.

RSI Divergence: RSI suggests potential overbought conditions at resistance levels and oversold conditions at support levels, confirming possible reversals.

MACD Crossing: MACD indicates bullish momentum at support levels and bearish momentum at resistance levels, providing additional confirmation for trade setups.

Conclusion

This analysis provides actionable trade setups and key levels to assist traders in making informed decisions in the EURUSD market. With the current market price at 1.04603, traders can utilize the outlined resistance and support levels, along with technical indicators, to execute trades confidently.

2 hours ago

I have an alert set at 1.0430 for a potential long position. 4hr technical analysis.

There are a few reasons why:

#1 I'm looking for long entries because based off of the 4hr price we are in an uptrend.

#2 Price made a run up and now it's pulling back.

#3 The orange line is the pivot point for the week.

#4 The Golden zone is a fib retracement of 50-68%.

#5 The blue line is the anchored VWAP.

#6 The stochastic RSI is approaching (oversold).

tradingview.com/x/4GAZDQei