Hello,Traders! EUR-CHF is trading in an Uptrend along the rising Support line and we are already Seeing a rebound from the Support so we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURUSD is neutral on its 1D technical outlook (RSI = 49.712, MACD = -0.001, ADX = 26.518) and that's exactly how we can characterize its trend on the medium term. Even though both this week and the previous closed on flat 1W candles, the pair remains inside a Channel Down that has just formed a 1D Death Cross. For now that is bearish and that's what we remain,...
Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over....
This is my Intraday analysis on EURUSD for 5 Apr 2024 W14 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg. As...
The EUR/USD pair surged with bullish momentum during Wednesday's session, propelled by a robust bullish impulse. However, the price has now entered a potential reversal zone, characterized by a Double top formation on the H1 timeframe. Additionally, on the H4 chart, the price has reached the 61.8% Fibonacci level, accompanied by overbought conditions and...
Good morning! Daily review of EURUSD: After yesterday's corrective movement in the long direction (I remind you that on higher timeframes we continue to be in a short context on the daily timeframe). In the New York session, we witnessed a breakdown of the market structure into a short context. My intraday target is the minimum formed during the Asian session.
In our last analysis, we had anticipated the EUR/USD FX:EURUSD price to have a minor correction but the correction has exceeded our expectations and the price moved to higher levels. We have some resistance in the 1.09 zone, so we are expecting the price to reach there. Our technical view has been shown in the chart. If you like it then Support us by Like,...
Last time we made a call on the EURAUD pair (January 02, see chart below), we caught the best buy entry right at the bottom of the former Channel Down that easily hit our 1.6600 Target: This time we are presented with a strong sell opportunity as the price just broke yesterday below the March 07 Support, making a new short-term Lower Low. This confirms the...
Pair : EURNZD Trend : UP ( clear upward trend ) Transaction: Buy Technical analysis failure at level : 1.79130 Technical analysis success at level : ( 1.8190 )
EURUSD is rising towards a pullback resistance level which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit Entry: 1.08525 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement Stop loss: 1.08763 Why we like it: There is a pullback resistance level Take profit:...
Price has broken out of an overlap resistance level which aligns with the 61.8% Fibonacci retracement and could rise from this level to our take profit Entry: 1.46630 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement Stop loss: 1.46258 Why we like it: There is an overlap support level Take profit: 1.47338 Why...
As EUR/JPY recently breached its all-time high, there was a noticeable surge in trading volume, indicating a potential shift in market direction. Typically, after such a significant milestone, it's common to observe a corrective phase where prices adjust from the extreme levels reached. This correction could manifest as a retracement or consolidation, representing...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85500 support and resistance area. Trade safe, Joe.
The EURUSD pair got rejected today exactly on the 1day MA100, touching it for the first time since March 21st. That took place very close to the Falling Resistance of the Bearish Megaphone pattern, which adds more selling pressure on it. The ssell signal will be confirmed once the 4hour RSI crosses under its MA trend line. Sell and target 1.07230 (top of...
This is my Intraday analysis on EURUSD for 4 Apr 2024 W14 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg. ...
EURNZD Buy Stop Loss: 1.792 Targets: 1.800 1.802 1.804 1.806 1.808
Hello traders! ‼️ This is my perspective on EURCHF. Technical analysis: As we can see here price made a retracement as I expected in my last analysis, so now I expect bullish price action as price rejected from bullish order block + institutional big figure 0.97000. Fundamental news: On Thursday we have monthly CPI on CHF, news with high impact on...
My dear subscribers, My technical analysis for EURNZD is below: The price is coiling around a solid key level - 1.8067 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7960 My Stop Loss - 1.8132 About Used Indicators: By the very...