FOREXCOM:EURUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Chairman of the US Federal Reserve (Fed) Jerome Powell said that inflation has cooled down, but the agency is still determined to bring back the 2% target. In a speech on October 19 in New York, Jerome Powell admitted that tightening policies had brought inflation back under control, but emphasized that the Fed still needed to be cautious in pursuing its...
Hello dear friends! Today, the EURUSD experienced modest gains during the Asian trading session on Monday. It is evident that the recovery of this currency pair is supported by a weaker US dollar (USD). As of the time of writing, EUR/USD is trading at 1.0525. From the technical analysis chart: As mentioned, immediate resistance for EUR/USD can be seen at...
Hello dear traders! Currently, the EUR/USD is holding higher but still below the 1.0600 level in Asian trading on Wednesday. The risk-off sentiment is dominating and weighing on the US Dollar, particularly in the face of optimistic data from China. Lagarde's speech and EU/US data are being closely watched. On the 4-hour chart, the price is well supported and is...
Hello dear friends, EURUSD has decreased as predicted. It is currently trading at 1.0538, down by 0.20% for the day. It can be observed that after forming a pattern, this currency pair has gradually narrowed its direction. The expected level for this decline is at 1.0481.
EURUSD stays within a three-month-old bearish trend channel despite rising the most in October the previous day. Adding strength to the bearish bias is the looming bear cross between the 100-day SMA and the 200-day SMA, as well as the steady RSI (14) line. However, three-week-long horizontal support surrounding 1.0500 joins the bullish MACD signals to restrict the...
-EURUSD is jumped last week and not sustained on the major supply zone -Now it is retraced to the near the demand zone, which is marked on the chart -There is a low-risk long trade near the demand zone with SL 1.04657 TGT 1.06365
Currently, the EURUSD exchange rate has regained momentum and risen to its highest level in two weeks, trading at 1.0625 at the time of writing. Since its last decline at 1.0447, the EU seems to have found support at this significant level. Currently, the price is approaching the resistance level at 1.0640. By maintaining its current upward momentum, there is a...
Today, with the stronger US dollar, the EUR/USD pair has been pushed down from its weekly high of 1.0630 to 1.0520. Economic data from the US reflects continued support for the greenback, combined with higher interest rates, putting downward pressure on this currency pair. For these reasons, gold sellers will continue to push the price of gold down, currently...
EUR/USD is showing a positive trend at $1.0609. If the Federal Reserve officials are not confirmed, this currency pair may continue to rise. The main resistance levels are at 1.0655 and 1.073, with support levels at 1.056 and 1.053.
Hello wealthy entrepreneurs. USDJPY today continues to decline as predicted. The US dollar fell on Tuesday, along with expectations of US interest rates and a decrease in treasury bond yields. On the other hand, the Japanese yen increased slightly due to violence in the Middle East, supporting safe-haven buying. This week, we will receive important news that...
EURUSD bulls struggle at a weekly high while waiting for inflation clues from Germany and the US, as well as the Fed Minutes, on Wednesday. That said, an upside break of the 21-day SMA and bullish oscillators keep Euro buyers hopeful. However, a three-month-old falling resistance line and a horizontal region comprising multiple levels marked since late May, around...
following downtrend in big tf eurusd liquidated at supply zone shorting can be done over here
Greetings everyone! Currently, EURUSD is maintaining its trajectory without any significant impetus to break the ongoing downward movement. Based on projections, it is anticipated that EURUSD will experience fluctuations within the range of 1.0600 - 1.0400 in the upcoming days, indicating a continuation of the prevailing trend.
FOREXCOM:EURUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Yesterday, there was further upward movement in the Eurusd currency pair as anticipated. The Eurusd pair reached a weekly high at $1.0600 and is presently trading steadily at $1.0584, indicating a marginal weekly increase. Surprisingly, the US dollar experienced continued weakening on Friday, which provided strong support for the Eurusd pair to...
Greetings, everyone! Presently, the EUR/USD pair is experiencing a favorable trajectory as anticipated, currently trading at 1.0544. The decline in value of the US dollar and the continuous support from US Treasury bond interest rates are contributing to the strength of this currency pair. When examining the technical analysis on a one-hour time frame, we can...
A few days ago (on October 3, at the spot rate of 1.0480), Samson emphasized that the EUR "is still in a downtrend phase and is likely to weaken to around 1.0430, possibly below 1.0400." The EUR dropped to 1.0447 and has since rebounded. The downward momentum is starting to slow down, and if the EUR surpasses the level of 1.0545 (with no significant change in...