■Outlook for the EURUSD 1W chart. Currently, we are in sub-wave ⅱ of wave (ⅲ). Sub-wave ⅱ is expected to complete soon. After that, sub-wave ⅲ will start. It is anticipated that sub-wave ⅲ will form a five-wave impulse. If the assumptions of this scenario are correct, sub-wave ⅲ is likely to break through several channel lines and resistance lines, and I...
On 15M timefrime sell side liquidty swept, expecting a retracement back in to the 1H FVG, and from there back down to continue the downward trend. TP1: Asian low liquidity: TP2 Open
As you can see on the chart, The market has depleted all the buyers power in the last up move (as shown on the chart) and got overtaken by the sellers. Now we'll wait for the market to go up to our Selling zone at 17369.62, SL and TP as sat on the chart. For further questions doon't hesitate to ask!
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ID (Update) The Descending Channel Breakout Has Done In 8H Timeframe⚡️ Expecting Massive Bullish Wave✍️
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a not long time ago entered to downward channel, where firstly it broke the resistance level, which coincided with the seller zone and rose to the resistance line of the channel. Next, the price turned around and soon fell to the seller zone, but later...
Overall, the EUR/USD pair continues to maintain a downward trend. News reports of escalating tensions in the Middle East have spurred a flight to the US dollar (USD) as a safe haven, leading to the decline of the EUR/USD pair. However, upon examining the chart, clear signs of correction and recovery are evident. It is anticipated that the price will test the SMA...
The EUR/USD pair has witnessed a notable recovery above the 1.0650 level. Reports of escalating tensions in the Middle East conflict have prompted investors to shift their focus towards the US dollar (USD) as a safe haven, leading to a decline in the EUR/USD pair. From a technical standpoint, although the price is still maintaining a downward trend, signs of a...
Hello,Friends! EUR/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.063 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
We observe a pronounced bearish signal on the EU Daily chart. The recent breach of the last higher low suggests an increase in bearish momentum, indicating a strengthening bearish trend. The supply zone has already been retested, setting the stage for a potential move towards a new lower low. A downtrend of 500 pips is anticipated in the near future.
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About RLC (Update) The Symmetrical Triangle Breakout Has Done In WEEKLY Timeframe✅ Expecting Massive Bullish Wave & Recover Own Position Soon✍️
Entry: 1.0649 | Stop Loss: 1.06390 | Take Profit: 1.06799 This entry strategy relies on a specific scenario: a breach of the support level, prompting a retracement for a retest. The key here is confirmation, which we seek through candlestick patterns. We're looking for a convincing signal that the market is ready to reverse, such as a bullish engulfing pattern or...
Recently, the situation in the Middle East has been relatively stable. Although Iran and Israel have their own quarrels, no obvious conflict has been seen, which means that the two sides have reached a certain consensus and have entered the stage of quarreling. As long as either party does not cross the threshold, the overall situation can be resolved. Therefore,...
I think the dollar will move in this way against the Euro in the next 4 years. Tp fields are important and can be turn zones.
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About RUNE (Update) The Trendline Is Ready To Breakout In WEEKLY Timeframe⚡️ Incase Of Successfully Breakout Expecting Massive Bullish Wave✍️
Hello traders.. Unfortunately, as War Conflict continues in the Middle east, the USD is feeding on the Fear and Uncertainty by acting as a safe haven during the final Asian session of the week. Earlier & During NY today, roughly 20 minutes before NYSE open, at price 1.06638, I created an update to our previous EurUsd Analysis. I mentioned that price may instead be...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ENA (Update) The Falling Wedge Breakout Has Done In 2H Timeframe⚡️ Expecting Massive Bullish Wave Towards 60% In Few Days✍️
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0676 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0651 About Used Indicators: On the subsequent day,...
The EURUSD pair is approaching the 1.05500 Target that we called on April 02 (see chart below), which is at the bottom of the 4-month Channel Down: That will form the new Lower Low of the pattern, completing a -4.00% decline from the Lower High, which is 100% symmetrical with the previous Low. The structure of the Legs is very symmetrical so after the Low we...