EUR/NZD has just bounced off a support level which is an overlap support that lines up with the 161.8% Fibonacci extension and could rise to our take profit. Entry: 1.76311 Why we like it: There is an overlap support level that lines up with the 161.8% Fibonacci extension. Stop loss: 1.75413 Why we like it: There is a pullback support level which aligns with the...
The Fiber (EUR/USD) is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 1.0891 1st Support: 1.0806 1st Resistance: 1.0933 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 investors, so...
Hi folks today I'm prepared for you Euro analytics. Some time ago price reached the support level, which coincided with the support zone, and soon broke this level, made a retest, and continued to move up. In a short time, EUR rose to a resistance level, which coincided with the resistance zone and even rose higher to the trend line, breaking the resistance level....
The EURCAD pair has been trading within a Channel Down for the past 15 months and right now is on a Bullish Leg towards its top. The 1D RSI is approaching the overbought barrier of 70.00 and we believe it will give a sell signal after it breaks above, just like November 21 2023 and July 14 2023. Until then, we will stay bullish, targeting the top of the 15-month...
1H - The hourly timeframe is in a long context following the aggressive movement during the news on Friday. The primary target of the movement is the equal highs around 1.865, after which we are likely to see the continuation of the short order flow.
EUR/AUD has rejected off a resistance level which is an overlap resistance that aligns with the 32.8% Fibonacci retracement and could potentially fall to our take profit. Entry: 1.63814 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 1.64935 Why we like it: There is a pullback resistance level...
EUR/USD has jst rejected off a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially fall to our take profit. Entry: 1.08566 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.08946 Why we like it: There is a pullback resistance...
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.64000 zone, EURAUD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.64000 support and resistance area. Trade safe, Joe.
Hey Trader, Check out this analysis on EUR/USD. The entry plan is best above the intraday resistance area. Alternatively, a short trade can be considered if the price breaks below the intraday key zone (support), retests, and resists. A short trade can be considered. Trade safe.
Starting off with EUR this week, we have a few idea for What we want to see this week ultimately we're looking at price travelling lower within the 4 hour range taking us into the daily weekly order block if we see bullish price action from here we may look to buy, BUT We are mainly looking for price to travel bearish in the direction that the higher time frame...
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. Without any prior preparations on the chart, I'm going to go through various pairs, and giving a real-time view of how I perform my analysis on the weekends before the new week. I'll give my take on what has been happening, and what i'm expecting in either the coming...
Hello traders, I have determined the formation target on the FX:EURAUD chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price started to grow near support line and reached $1.0860 level, which coincided with resistance area. Then EUR made downward impulse, breaking support line and support level, which coincided with support area too. But then, price started to grow...
Hi friends. Lets look at EURUSD market. We see a big bullish accumulation "1" and trend break after. But there is no accumulation on downward now. Its just a kind of distribution process "2". And after price touch 1.0790 (support level) growth will continue to 1.0879 after that. Follow me.
EURNZD - 24h expiry Our short term bias remains negative. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.7784. The sequence for trading is lower lows and highs. Expect trading to remain mixed and volatile. We look to Sell at 1.7785 (stop at 1.7835) Our profit targets will be 1.7665 and 1.7635 Resistance: 1.7760 / 1.7785 / 1.7820 Support:...
The EURUSD pair gave us last week (May 17, see chart below), the ideal Lower High sell entry, as the price got rejected exactly where we wanted it to at the top of the 5-month Channel Down: We now view this price action from the 1D time-frame where the 1D MACD is about to form a Bearish Cross. Every time in the past 6 months this was formed above the 0.00...
Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.77500 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.77500 support and resistance area. Trade safe, Joe.
EUR/CHF has reacted off a resistance level which aligns with the 161.8% Fibonacci extension and could potentially drop to our take profit. Entry: 0.99127 Why we like it: There is a resistance level which aligns with the 161.8% Fibonacci extension. Stop loss: 0.99534 Why we like it: There is a pullback resistance level. Take profit: 0.98315 Why we like it: There...