This is my Intraday analysis on EURUSD for 12 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. INT structure turned bearish to liquidate the INT Low (Liquidity above the Daily Demand) and mitigated the daily demand zone. INT...
EURUSD is neutral on the 1D timeframe (RSI = 45.323, MACD = 0.002, ADX = 35.660), trapped inside the 1D MA200 and 1D MA50. We have grasped the bearish momentum ever since before the November 29th High, which as you see in the past ideas at the end, gave us the best short entry possible. Now with the Fibonacci retracement levels of the eleven month Channel Down...
Hey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.94600 zone, EURCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.94600 support and resistance area. Trade safe, Joe.
The EURGBP pair is on the 6th day of consolidation following the late November sell-off, trading considerably below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The long-term pattern that has been more established since the February 03 High is a Channel Down and it appears that this is a usual technical consolidation phase before the...
This is my Intraday analysis on EURUSD for 11 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. INT structure turned bearish to liquidate the INT Low (Liquidity above the Daily Demand) and mitigated the daily demand zone. INT...
EurNzd Breakout from formation consolidation. i see divergence too.. based on Technical Analysis we can see bullish opportunity.
Support and resistance shows a clear chance of bullish movement coming up for the upcoming week. I will be on the watch out for long positions! What do you think?
EURJPY like all other JPY pairs is in a big bullish uptrend. If we see a bullish start on monday, I have a price target of 158.00 where price might see a pullback or it could blast right trough you can never know! Let me know what your thoughts are on JPY for this week!
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a selling opportunity around 0.85900 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85900 support and resistance area. Trade safe, Joe.
Here is my latest structure analysis & important key levels to watch on EURUSD. Resistance 1: 1.0824 - 1.0848 area Resistance 2: 1.1016 - 1.1065 area Resistance 3: 1.1130 - 1.1150 area Support 1: 1.0729 - 1.0761 area Support 2: 1.0656 - 1.0670 area Support 3: 1.0495 - 1.0536 area Support 4: 1.0447 - 1.0468 area Consider these structures for pullback/breakout...
This is my Weekly analysis on EURUSD for 11 - 15 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ 2. After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand...
This is my Intraday analysis on EURUSD for 8 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish Reached EQ 2. INT structure turned bullish which is a sign that the Swing pullback my had finished and we could continue up following the Bullish...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. From daily chart we can observe that EUR is sitting on a Support zone, through h4 to h1 the chart is still bearish. So for me unless something changed, I will still go on short on EURUSD. Do Like and Boost if you have learnt something and enjoyed the content, thank...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bouncing around at the daily key level. watching for breakout of this consolidation to give me direction! My EUR index also indicated that it is at a key level to hold as a currency. Do Like and Boost if you have learnt something and enjoyed the content, thank you! --...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a short time ago bounced from the 1.0910 resistance level, which coincided with the seller zone and a little declined below. After this movement, the price started to rise in an upward channel, where it rose back, and later Euro reached the resistance line...
4h- On the 4-hour timeframe, we continue the downward movement without any signs of reversal. The clear target of the current movement is the fractal minimum that initiated the previous upward movement.
On the daily timeframe, on Monday, we experienced a break of the long context, followed by a continuation of the movement with the aim of covering the formed imbalance. By the beginning of the next week, I would like to see a correction to the zone of the nearest fractal formed on Thursday, with the potential to cover the imbalance. The nearest target for me is...
Weekly timeframe - the price reached the nearest fractal maximum, but failed to establish itself above it. The target of this movement is considered to be the local minimum around 1.05.