Hello dear friends! Today, the EURUSD is experiencing a strong recovery and is currently trading around the 1.058 level. The strong recovery following the lowest daily close of the year so far has improved the prospects for the Euro, although the overall trend is still downward. However, a potential prolonged recovery to around 1.0700 could occur due to support...
The USD/JPY exchange rate is continuing to rise towards the 150.00 mark, approaching new highs of the last year in Asian trading on Monday. The pair is supported by the renewed increase in US Treasury bond yields and accommodating comments from the Bank of Japan (BoJ). However, Japanese intervention risks in the foreign exchange market are accumulating. The...
While markets are still digesting a “higher for longer” policy of both US and EU central bankers, inflation figures for both countries are showing a continuous decreasing trend. The PCE Price Index for August in the US was standing at 3.5% on a yearly basis, while core PCE was 3.9%. The PCE indicator is Fed`s favorite index for prediction of inflation in the US,...
In the wider currency market, the euro EURUSD lost 0.07% to $1.0565, after ending the previous quarter with a 3% fall, its worst performance in a year. The Euro fell sharply after breaking the key support level of 1.0580. The currency touched a low of 1.0488 and rebounded from there. Resistance levels for the Euro are at 1.06 and then in the 1.0670-1.0700 zone. If...
- EUR/USD has been flirting past sessions with broken support trendline, being faced now as resistance . Seems more like a decisive time for EUR/USD to make up its mind and find direction, either gravitated to the upside (1.20) or downside(1.01) Both scenarios attached below Market Structure still intact with the series of Higher Lows and Higher Highs. (Gold...
-Anticipating upcoming week to have some bullishness in price action, looking for Technical Bounce at Trendline Support to long, while remaining opened in Short Positioning regarding Macro and Higher Time Frames. Every bounce may be short-lived, so bear in mind this scenario when looking for your next Short Opportunity on EUR/USD. Maybe you'll enjoy having a...
✅EUR_USD has made a Rebound from the support of 1.05 Just as I predicted in my Previous analysis and I am Now locally bullish biased And I think that we will See a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi huys, reasy for a new week, this is a small trade idea for EURSUS, the trend is absolutely bearish, in daily we have a resistence and the price made a retracement. Using the trendline in H4 we can enter for a daily trade
Hello Trader, I found some Setups to $short $GU on the 4H TF The Overal Trend is BEARISH on A WEEKLY to DAILY Scale so Shorting EU is wisely as We gonna Pullback because we reached a Weekly Structure so as we are familiar of the saying the trend is your friend is wisely to follow the Overall trend which is Bearish
hello guys... as you can see, this pair engulfed the flip area so it is possible to touch the blue area! but from where?! the gray area seems suitable for starting an upward movement but still, we need confirmation as well so just watch! _________________________ always do your research. If you have any questions, you can write them in the comments below,...
I noticed that prices rose at the end of the week, which could indicate a bullish trend. However, it's likely that the trend will remain limited to the trendline channel area next week. It's important to note that the overall trend is still bearish and there hasn't been any significant change. The bullish trend may only be a correction from the bearish trend.
EU last friday got a good reaction from the Daily FVG and created a nice leg down I'm exepcting to see a small retracement into the bearish OB and than looking to sell it targeting the first draw of liquidity at 1.05500
EURUSD nicely respected a key historic horizontal support. Taking into consideration that the pair is quite oversold, probabilities will be high that a correctional movement will initiate from the underlined green area. Goals: 1.063 / 1.069 ❤️Please, support my work with like, thank you!❤️
As we analyze the charts, we can see that the highest timeframe is affecting our overall analysis. If we look at the weekly chart, we can see that there is a bullish run. This means that we should look for a buying opportunity on the 1-hourly chart. Our preferred entry price is at 1.0550, with an initial stop-loss at 1.0521 (-29pips) or -290usd/lot. Our target 1...
FX:EURUSD In 4H TF, already taken BSL inside 1D FVG, if price comes to 4H FVG I will look for short.
After 11 straight weeks of gains in the USD (DXY index), driven by EURUSD trading into 1.0488, and a key weekly close above the YTD range highs (105.40), we ask whether the dollar can make it a 12th. News that Congress had miraculously pushed out the govt. shutdown for 45 days should be welcomed by risky assets and there is modest gapping risk for the open....
EU outlook. According to my DXY bias, I'm anticipating higher prices on EUR/USD. I don't believe this is the end of the road for higher prices. Looking for possible one more fall into the Daily FVG and Weekly iFVG. There is a nice setup for a long already on the lower timeframes, which could pan out before dropping further. Same thing, anticipating the Monthly...
It is clear that EURUSD has been under pressure these past few days but will the ECB next meeting change the situation ? Well, in my opinion no! The structure still creates new lows even if a retest of the last resistance is possible at 1.0770... Moreover, the FED interest rates remain higher than the ECB and it is planned to stay that way after the increasing CPI...