Hey Guys! Here we have the entry with the confirmation, so I explained my expectation in previous analysis, So for now I expect to give us entry in the level we mentioned! Take a proper risk management guys! then wait for the final target which is bottom of the chart! Let's go guys! Any question you know how to reach me out! @FxShzd
EURUSD OUTLOOK With the start of this week's trading, the price of the EUR/USD currency pair tried to stop the pace of its losses, which extended last week to the 1.0631 support level, its lowest in six months, as the euro searches for strength factors to recover from the general downward trend. Today, the focus will be on announcing inflation numbers for the...
GBPUSD made new higher high on M30 TF, Demand zone is blue box. This OrderBlock is agains the main trend, so we have to be careful...
EURUSd is on the verge of a correction but remains in a bullish cycle for the week.
My dear friends, Please, find my technical outlook for EURUSD below: The instrument tests an important psychological level 1.0705 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 - 1.0665 About Used Indicators: Super-trend indicator is...
EURUSD M30 TimeFrame... Bulls are geting stronger, we see three new demand levels, they will try to reach supply zone at 1.0730 level...
EURUSD is on the higher timeframe still bearish as I suggested in my previous idea but ahead of the FED meeting, the market might try to price in the fact that the FED will probably will not hike again. In fact, there is a 92% chance according to economists that the rates will stay at 5.50%, this change of policy will still keep the dollar attractive to investors....
Here is our detailed technical review for EURUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.070. The above observations make me that the market will inevitably achieve 1.054 level. P.S Please, note that an oversold/overbought condition can...
Gold's price is about to take a tumble, dropping quite a bit to hit that support level. The selling pressure is off the charts, and we're betting that buyers will start cashing out and joining the selling action in the 15-minute and 1-hour time frames.
Currently, EUR/USD is trading under pressure below 1.0700 during Tuesday's cautious Asian session. It is speculated that the ECB's completion of the rate hike will weigh on the common currency, while the USD's bearish action could support the pair. However, the main risk to the EUR outlook is that the ECB turns dovish sooner than expected and/or growth momentum in...
Price is approaching our sell entry at 1.0705, which is a pullback resistance level, aligning with the 50% fibo retracement and slightly below the 100% fibo projection. Our stop loss is at 1.0765, which is the overlap resistance level. Take profit is at 1.0640, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin...
There are some positions to buy EURUSD easily after breaking the range, but this could be also a trap for buyers!
EUR/USD Rebounds Despite USD Pressure – Fed Meeting Looms The Euro (EUR) has staged a rebound against the US Dollar (USD), pushing EUR/USD past the initial drop near 1.0670 and setting its sights on the 1.0700 resistance level as Tuesday unfolds. The USD continues to face selling pressure, and it's approaching a critical support level around 105.00 as tracked...
EURUSD is still within a downtrend. On D1 we see the beginning of a reaction to a strong support line. There is a chance that on H1 price could break resistance TA on the high timeframe: 1) if we pay attention to XAUUSD, gold is rising on the background of DXY growth stop. If the latter starts an active decline (news this week), eurusd will give a bullish impulse...
Preferred direction: Neutral Comment: The previous Gold trade worked out perfectly and a profit has already been made here as well. There are not many points left until the final goal and most likely this point will be completed today. At a minimum, the transaction is closed with partial profit and moved to break-even. The market, as was said in the previous...
Key events: Eurozone - CPI (YoY) (Aug) USA - Building Permits (Aug) On Monday, the major stock market indices on Wall Street displayed fluctuating movements, with particular attention on energy stocks closely following the surging prices of crude oil. Investors were also eagerly awaiting the upcoming interest rate decision from the Federal Reserve. Within...
Preferred direction: SELL Comment: In general, the situation with the euro has not changed locally; the instrument is still under the control of sellers, but there is no clear entry point yet. As long as the price is below the level of 1.07500, sales will be a priority in any case. The market is awaiting the Fed's decision on Wednesday, and against this...
Preferred direction: SELL Comment: The last oil trade aimed at a short-term fall (counter-trend movement) successfully closed with a profit. At the moment, a sell setup has also formed, and here most likely the rollback will be deeper. The correction potential lies at the level of 92.50. Thank you for like and share your views!