I’m looking to sell at the zone Just my opinion Feel free to drop your comments
The low of June 14, 2024, created a Trend Changing Pattern making a high of 1.07614. We then saw a discount towards the low but failed to make a new low. On Monday 24, June 2024 we saw a Bullish break of Structure making a high of 1.07465. The pullback low of 1.06836 before that bullish move is the Key price that gives us a high probability of bullish activity as...
EURUSD played out perfectly as per path given yesterday, EURUSD moved up to retest the strong level at 1.0742 and then faltered and came down 1.07 strong level. I also gave a long off the double support and we got a 20pips move to end the day. What’s next? Price action is TBH messy and not clear. Overall there is a pin bar formed on H4 which could indicate a low...
EURUSD – technical overview The Euro has been in a multi-month consolidation since bottoming out in 2022. Setbacks have since been exceptionally well supported on dips below 1.0500, with a higher platform sought out ahead of the next major upside extension. Look for a push through the 2023 high at 1.1276 to strengthen the constructive outlook and extend the...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0724, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.0698, an overlap support level. The stop loss will be at 1.0751, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
By re-analyzing the gold chart on the 4-hour time frame, we can see that, as expected, gold started to rise and hit the targets of $2329 and $2332. Now, gold is trading around $2331, and we need to wait for a price consolidation above $2333 to confirm further growth. The next targets for #gold are $2337, $2344, $2348, $2352, and $2356. Please support me with...
We're in a new weekly range on the 4h chart, our strong downtrend has weakened and we haven't broken last week's or last month's lows. Sellers are losing steam, I'll be looking for longs between 1.070 and 1.072.
Just my personal opinion on this. Feel free to say you’ve mind
The EUR/USD pair continues to grow after experiencing a pullback on Wednesday. Traders are closely monitoring today's US Initial Jobless Claims report, which is forecasted to show a modest drop in new US jobless benefit claims to 235K from the previous 242K. Despite this anticipated decrease, the claims are still expected to exceed the four-week running average of...
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0708 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0727 About Used Indicators: On the subsequent day,...
EURUSD HELLO TRADERS TODAY , the price continues under bearish zone , after breaking a support trendline Tendency the price is a bearish pressure in1.074 TURNING LEVEL : the price turning level at 1.074 , price stable below this level it becomes reach a support level , but if breaking this level active bullish area , to reach a resistance level ...
By analyzing the EUR/USD chart on the 4-hour timeframe, we see that the price has started to rise exactly as we expected. It fully filled the first FVG and even about 50% of the second FVG. The overall return of this analysis has been over 85 pips. Currently, the Euro is trading around 1.072 and might start a further correction from this level. The 1.07380 to...
💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on EUR/USD , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 📉 Analysis Recap: As...
Early Friday, the EUR/USD pair struggles to maintain its footing, trading below the 1.0700 mark after a negative close on Thursday. The current price action hints at a potential double bottom at the 78.6% Fibonacci retracement level within a significant support zone. Thursday's risk-averse market sentiment boosted the US Dollar (USD), keeping EUR/USD under...
25th June DXY: Look for reaction if the price test 105.60 level (38.2%), rejection, look for price to trade down to 105.20. Breakthrough, price to test 105.90 NZDUSD: Buy 0.6155 SL 20 TP 60 AUDUSD: Sell 0.6670 SL 20 TP 80 (hesitation at 0.6630) USDJPY: Becareful, possible intervention area Buy 160 SL 30 TP 100 GBPUSD: Sell 1.2675 SL 20 TP 50 EURUSD: Sell...
EUR/USD price have IMB under. If it will going to grab wait for mitigation of demand. if that happens wait for your confirmation and enter the trade.
Dear traders! EUR/USD edged up in a slight recovery after falling to 1.0670 last Friday. The new trading week is starting with risk appetite pushed higher, sending the US Dollar lower and strengthening the Euro as investors head into a relatively quiet Tuesday. In the near term and according to the 4-hour chart, risks are increasingly turning to the downside....
In todays session both London and New York we are monitoring EURUSD for selling opportunities. Our targets are 1.07478 and below Stops above 1.06424 Use proper risk management.