BECAREFULL WITH GOLDMarket still round 2193 to 2203
Wait today...today Unemployment and Final GDP NEWS
If market cross & CLOSE ABOVE 2222 next zone will me 2238-2300
If market cross & CLOSE BELOW 2145 it will be RED ROSE...
then NEXT buy zones will be
2038-2025
1995-1973
1948-1931
1829-1811
Checking in day candle body doesn't close above DAY BOS in line chart seems M PATTERN ...
SO 60%SELL AND 40% BUYING
Sell Flip Zone 2203-2209
EURUSD,GBPUSD,NZDUSD,AUDUSD starts falls
so GOLD also will FALL soon...
Low equity members avoid trade today...
Use small lot max 0.01- 0.03 and 6-7 orders
SELL @
1st sell zone
2198-2200
2nd sell zone
2203-2207
Sl 2213
Tp 2193
Tp 2186
Tp 2176
Tp 2160
Tp 2148
Tp 2038
Tp 1950
Tp 1840
Buy stop @2212.8
x2lot size of sell total order
Tp 2221
Tp 2238
Tp 2270
Tp 2300
or avoid trade today
NOTES: EDUCATIONAL PURPOSE
EURUSD-2
EURUSD: Recovering but outlook still bearish!Hello EURUSD traders! Today, we are witnessing a modest recovery of EURUSD to the level of 1.0777, but it still exhibits characteristics of a downward trend. Chart analysis indicates that the decline continues as it breaks out of the upward trend line.
Furthermore, the convergence of EMA 34 and 89 appears to favor sellers. According to the Dow Theory, this currency pair is undergoing a corrective wave in its trend and is testing for a breakout, suggesting that any price increase may not be sustained.
The target for the downside and the current selling zone is aimed at the first Fibonacci retracement level of 1.618.
EURUSD: Discounts are still preferred!Hello dear friends, as predicted by us yesterday, the EURUSD pair continues to decline at the current price level of around 1.073 and the prospects are even more bearish.
The recent rise in the US dollar following strong US PMI ISM data has weighed on this currency pair amidst investors' concerns about Germany's inflation data. From a technical analysis perspective, this currency pair lacks a clear direction for the next trend as the EMA 34 and 89 do not provide us with signals and future prospects. However, the preference still lies with the downward movement, with lower highs and EURUSD breaking below the support level of 1.075.
In my personal opinion, I hope that this currency pair will continue to correct further and the lowest point at this time is 1.055.
EURUSD keeps rebound from 1.0725-20 support as EU/US data looomEURUSD recovered from a two-month-old horizontal support the previous day while teasing buyers with the biggest intraday gains in a week ahead of today’s top-tier data from the Eurozone and the US. The corrective bounce from the said support crossed a one-week-long descending resistance and gained support from the firmer RSI (14) line to lure the Euro bulls. However, a convergence of the 23.6% Fibonacci retracement of the pair’s fall from December 2023 to February 2024 and the 50-SMA, around 1.0800 by the press time, will challenge the pair buyers. Following that, the previous week’s peak of around 1.0865 and the downward-sloping resistance line from late December 2023, near 1.0910, could restrict the quote’s further upside.
On the flip side, the resistance-turned-support line stretched from last Tuesday, close to 1.0760 at the latest, limits the EURUSD pair’s immediate downside ahead of the previously stated horizontal support zone near 1.0725-20. It’s worth noting, however, that the RSI (14) conditions and the yearly low of near 1.0700-695 might raise the bars for the Euro bears past 1.0720. In a case where the sellers keep the reins below 1.0695, the odds of witnessing a southward trajectory toward the May 2023 low of near 1.0625 can’t be ruled out.
To sum up, EURUSD is likely to witness further recovery in prices as traders await the Eurozone inflation and the US ISM Services PMI, as well as the US ADP Employment Change. However, the upside room for the prices appears limited unless the scheduled data disappoints the US Dollar bulls and favors the Euro’s latest advances.
EURUSD ANALYSISFOREXCOM: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 the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
EURUSD: Downtrend is still strongThe EURUSD continues to maintain a price below the 1.0800 level after facing significant downward pressure last week. The current trading level is 1.078, with a slight recovery indicated by a green candle at the beginning of the week. However, this increase has yet to be confirmed as safe, as technical analysis on the daily chart shows a convergence between price and EMA, creating a barrier and challenge to the potential continuation of the EURUSD's recovery.
The outlook remains bearish for this currency pair in the coming period, with a defensive target at the 1.070 level.
GOLD IN BULLSH SORRY for late update.... Sunday i was too busy
Now we see xauusd hits the DAY 1st pull back zone(2259-2305)
In 4Hrs also gold hits 1st pull back zone(2263-2280.5)
once market touches our pull back market starts fall
In 15mins we got High confirmation using my method and also now we got choch (correction choch in 15mins only) confirmation
so entry will be
sell limit 2258-2262-2265
SL 2268(we already entry in 2263)
remember gold still in bullish only we got ONLY 15M confirmation
if you ok use mid lot else use low lot
Targets for intraday
TP1 +20 pips
TP2 +50pips
TP3 +100pips
TP4 1850
In 4hrs we found 2 buy zone
1st buy zone 2201-2192 (we need 15M confirmation to take entry)
2nd buy zone 2167-2156(extreme buy zone no need to confirm)
This two zones will be swing targets for given sell
once market cross 2nd buy zone gold will be red rose
trade carefully
NOTES: EDUCATIONAL PURPOSE ONLY
GOLD IN BUYsorry due to system problem cant update yesterday
GOLDUSD BUY correction done @ mar26 2.30pm...now we got low @ 2157.140
also 4h confirms the high @ 2200.487
using fibo we got 2 buy entry.... 1st zone@ 2174-2169...2nd zone @2160-2156
before that in 50% we got hidden ob@2178 it confirms 15m but only scalp entry we got...
yesterday night market hit 1st buy zone @2174-2169
then market confirms in 15mins with my low founding rules... so i place buy limit @2174-2172 Sl 2168.5
now market confirms typey 2 choch method in smc so that trend has been confirmed in buy on 15 mins
and now 1hr candle also confirms the same trend...
but in pattern seems sell pattern so 70% upside and 30% down to 2nd strong zone
NOTE: EDUCATION PURPOSE ONLY
EURUSD: End of stable trading session!Hello EURUSD observers!
The currency pair ended the week on a gentle note, hovering around the 1.0789 level with a strong downward trend. It seems unaffected by the US PCE inflation data and maintains a stable trajectory.
Looking ahead, I predict that the EURUSD exchange rate will continue to decline, with an immediate stop at 1.076. The EMA lines at 34 and 89 indicate a trend for further downturns!
EURUSD: Bears continue to dominate the market!Hey there, forex family! Today, EURUSD takes a momentary pause as the global market enters a holiday period. However, looking ahead, the US dollar is strengthening, influenced by hawkish sentiment surrounding the Federal Reserve and expectations of higher interest rates.
Technical analysis adds to the story, as the price breaks below the 1.0800 support level and trades below both the EMA 34 and 89, currently favoring the sellers. Our preferred move is to target a decline to the 1.0700 level.
EURUSD bears attack six-month-old support ahead of Fed inflationEURUSD remains pressured at the lowest level in five weeks, down for the fourth consecutive day, as market players await the US Federal Reserve’s (Fed) preferred inflation gauge, namely the Core Personal Consumption Expenditure (PCE) Price Index data for February. In doing so, the Euro pair pokes the key support line stretched from early October 2023 while extending its fall from a convergence of the 200-day and the 50-day SMAs. That said, the bearish MACD signals and the pair’s failure to extend the week-start rebound beyond the key SMA joint keep the sellers hopeful. Also adding strength to the downside bias is a looming death-cross on the daily chart, a condition where the 50-SMA crosses the 200-SMA from above. It’s worth noting, however, that the RSI (14) line is sliding towards the oversold territory, which in turn suggests limited downside room for the quote. As a result, an area comprising the 1.0700 round figure and the previous monthly low of near 1.0695 will test the bears. Following that, a downward-slopping support line from December, close to 1.0675 at the latest, will act as the final defense of the buyers.
Meanwhile, the 1.0800 round figure guards the immediate recovery of the EURUSD pair ahead of the aforementioned SMA confluence, near 1.0835-40 by the press time. Should the quote manage to remain firmer past 1.0840, the 1.0900 threshold and a three-month-long descending resistance line surrounding 1.0940 will be crucial to watch before welcoming the Euro buyers. In a case where the bulls keep the reins past 1.0940, the monthly high of 1.0981 and the 1.1000 psychological magnet will act as the additional upside filters before giving control to the bulls.
Overall, the EURUSD pair is likely to witness further downside ahead of the key US data. However, the Good Friday holiday will restrict the market’s reaction to the statistics.
What's Next for EURUSD? Deciding to Sell in VisionHello all traders!
Today, I want to share my thoughts on the EURUSD currency pair, a hot topic for those who closely follow the forex market. Although EURUSD is still holding above the 1,080 support level, I see that the signal is not very positive for the future of this pair.
Looking at the long-term trend, it seems that the pair is on the decline. Additionally, the price is currently trading below both the 34 and 89 EMAs, which further reinforces my bearish view. The US Dollar (USD) is currently experiencing a slight increase, putting pressure on EUR/USD and causing it to decline accordingly.
If the market bears can take control and push the price below the current support level, I will without hesitation start selling EURUSD. My target would be the 1,070 level.
For those looking for opportunities in the forex market, it may be time to consider a short position in EURUSD, based on current signals and analysis. We need to be ready to act when the market gives us such clear signals.
EURUSD: The threat is still there!Hello, dear friends! What do you think about EURUSD today?
As predicted, EURUSD has faced difficulties in breaking the resistance level at 1.086 and has started to retreat. The slight increase in the US dollar has led to a defensive risk sentiment, contributing to a mild decline in EUR/USD to the area of 1.0830, amidst increasing caution ahead of the release of US PCE on March 29th. From a technical analysis perspective, the path ahead for this currency pair seems to have multiple obstacles as the downtrend line is still in play. Continued violation below the key support level at 1.080 could potentially cause the exchange rate to slide even further.
EURUSD: continues to recover above 1.0800Hello everyone! EUR/USD has bounced back after two consecutive losing sessions, marking a comeback from recent weeks' lows around the 1.0800 light, countering the US Dollar's bearish bias.
Starting the new week on a lighter note, the Greenback's recent rally has weakened, sending the US Dollar Index (DXY) falling below 104.00, despite US interest rates being higher in many different time periods.
Likewise, growing demand for riskier assets has given the Euro wings, marking EUR/USD's notable recovery from recent levels near 1.0800.
EURUSD: Continuous discounts!Hello dear traders! What do you think about EURUSD today?
After a strong increase on Wednesday, EUR/USD turned bearish on Thursday, ending the day in the red. The downward trend continued into Friday, with temporary trading fluctuating around the 1.0800 level.
The strength of the US dollar has truly reversed the direction of EUR/USD, aligning perfectly with our previous forecasts.
Looking ahead: The currency pair is currently moving through a significant support zone as marked on the chart. There is a possibility of a recovery, aiming to retrace to the Fibonacci 0.5 - 0.618 retracement level while testing the 34 and 89 EMA.
A successful breach above this level could open up further recovery phases. Conversely, breaking below the current support level would present a golden opportunity for sellers. Let's watch and see what unfolds with this currency pair!
EURUSD 15M ANALYSISFOREXCOM: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 the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
EURUSD: DiscountThe EUR/USD has declined to the 1.0840 level in early Asian trading on Friday. This decline is believed to be due to the strength of the US dollar and higher US Treasury yields. Traders are eagerly awaiting Germany's IFO Business Climate Index on Friday, before Federal Reserve Chairman Powell's speech.
From a technical analysis perspective, a pattern has formed signaling a downward trend for this currency pair. In theory, the price will break below the support level, creating a false breakout at 1.0835. EUR/USD may continue to adjust downwards within the range of 1.081 - 1.080 by the end of this trading week!
EURUSD: Buy now?Hello everyone, let's find out what's happening with EURUSD today!
Last Friday, EURUSD ended the week with a downward trend. But today, it has found some support at the 1.080 level, causing a slight comeback with the current price hovering around 1.082 as it aims for a recovery towards the Fibonacci target of 0.5 - 0.618.
If it can maintain the 1.080 support level, EURUSD still has a chance to rise. However, we should closely monitor the Fibonacci zone of 0.5 - 0.618 as sellers may push this currency pair down once again within this range.
What do you think? Do you see EURUSD shifting towards an upward trend?
EURUSD: On the reboundHello dear friends, let's discuss and plan our strategy for the new day with RKrina!
EUR/USD has successfully surpassed the important barrier of 1.0900, driven by significant downward pressure on the US Dollar following the Federal Reserve's decision to maintain interest rates and indications of potential rate cuts three times this year.
The 4-hour chart suggests that the current downward momentum may have exhausted. This indicates that the next upward barriers could be at 1.0921, followed by 1.0963 and 1.0998.
The initial support level is at 1.0834, with further supports at 1.0830 and 1.0761.
EURUSD 4H ANALYSISFOREXCOM: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 the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
EURUSD : Are there additional discounts?Hello, beloved friends! Let's together explore the heartbeat of the EURUSD market today!
In this calm trading session on Wednesday, EURUSD remains at 1.086, reflecting the closing level from yesterday.
The strength of the US dollar continues to challenge riskier assets, bolstering the US Dollar Index (DXY) and impacting the slight decline of EUR/USD.
From a technical standpoint, the 1.080 level is crucial for sellers as it could signify a deeper correction or a point of recovery for EURUSD after its recent decline.
What is your perspective? Will EURUSD rise or fall in the short term?