both DXY and EUR/USD are on curucial levels
we had planned conditional buy on eur usd in the evening but price didnt sweeped the bullisj liquidity as we assumed
although grabed the seller stop losses and mitigated the bearish order block therefore now for upside there is space to move higher upto 1.07700 sufficent for good trade and risk to reward
See here is my trade of eur/usd.
I'm currently short on this trade you can see my targets and stop-loss
I daily post trading signals and tips on my account
Follow me for more
Only for education not advise
THE HAWKISH ECB
Look for occasional retest and confirmation, trade is simple
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an...
In the chart, we can see recent low is broken. so, it is the change of character on 1HR chart.
We can think that there's probability of the price is going to meet its 4-hour POI. so, we can enter in the short position after touching poi of 1hr in 5 min chart with change of character with the target of 1.05640 and we can set target...
In today's post I present relevant marks of the DXY for the next week, which could support the one or the other, in their own analysis.
= the technical analysis approaches, are shown in individual images in the post. So that an individual interpretation of the respective - standing alone - is possible.
= the title picture shows an example, of a possible trade....
EURUSD has finally completed its long correction upside. The ending diagonal is also completing and price reversal is expected from this level. For adding shorts, the stop loss can be used at the previous high (wick).
We can see impulsive move downwards in the coming week to finish its bearish sequence.
EURNZD may have another risk of 200pips before its pump up to 1600pips.
the ECB may continue to hawkishly monitor the economical factors within the Euro Area even thou recession fear on focus, the Reserve Bank of New Zealand may pause hiking rates coming months which will give EUR more advantage ahead of 2023.
EURCAD has long been trading lower from 1.46267 to 1.28892 all within descending trend channel territory.
The poor EUR been struggling for it's value since 25th Aug, where it maintained the price within bearish flag that has been formed with trading ranges between 1.33352 and 1.28892.
Breaking the flag below will hints for strong bearish pressure while breaking...