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...
EURUSD stays defensive within a short-term bearish chart pattern after recovering from the Year-To-Date (YTD) low in the last two consecutive days. The corrective bounce also crossed a two-week-long falling resistance line and gains support from the bullish MACD signals, as well as the upbeat RSI (14) conditions, to suggest the Euro pair’s further advances....
The market is experiencing fluctuations around its support levels. The price has been updated to a lower value. It is evident that the current trend is offering a discount, so if it rebounds from the resistance level at 1,05000 and rejects it, we may witness a subsequent movement. The previous support at 1,0400 can now be considered as a resistance area.
The EURUSD pair is currently facing daily selling pressure and forming its lowest levels in the range of 1.0460 - 1.0455 on Tuesday. According to Samson, the EURUSD pair will undergo a slight correction before declining to a support level at 1.0400.
Global markets are experiencing a decline, with early indications suggesting that Wall Street may open lower. The Dow futures are down 129.00 points, the S&P 500 futures are declining by 19.50 points, and the Nasdaq 100 futures are sliding by 82.75 points as of 8:00 am ET. On Monday, the major US stock indexes mostly finished higher, with the Nasdaq gaining 0.7...
Greetings, esteemed traders! In recent times, the EUR/USD pair has been endeavoring to discover any notable catalyst for a price surge. Presently, it is trading within a limited range of 1.0500 during the Asian session. The robustness of the Federal Reserve has bolstered US Treasury bond yields, thereby solidifying the position of the US dollar (USD). This...
This has a 2 wave formation in impulse. Either the 4th wave had irregular running flat the 5th wave had completed. If the 4th wave had triangle then the 1st wave in major 5th wave had completed and 2nd minor retracement had just over and getting ready for the 3rd minor ave in 5th major wave.
Hello dear friends! Let's explore the EUR/USD market today. Looking at the technical picture on the 4 -hour time frame we can see that the EU is still downtrend and is currently maintaining at 1,0645. If this pair of money escapes the potential trend of price increase is completely feasible. On the other hand, 1,0630 is considered as a support level right before...
Hello everyone! Let's join Samson in exploring today's market! EUR/USD is currently battling with the 1.0600 level on its path to recovery during the European trading session on Tuesday. This currency pair is receiving support from the pause in the US dollar's rally and the low-interest rates of US Treasury bonds, as risk sentiment stabilizes. We are awaiting...
Samson greeted everyone and would be happy to see you in today's discussion. Currently, EUR/USD is holding less than 1,0550, of which the US dollar remains stable and benefits from the psychology of hesitation that has supported the green coins on Tuesday. Price for this currency pair. EUR/USD exchange rate for short time at 1,0600 but quickly decreased. This...
Hello everyone! It's great to see you all again and have a discussion about the market today. Today, the exchange rate of EUR/USD is showing a downward trend. It has started to decrease and is currently trading at 1.0500. This currency pair is trying to make a slight recovery. HOWEVER, along with that, there is also a modest decline in the US dollar, amid...
Let's explore the market today! EURUSD continues to try to maintain an increase from the previous loss and are currently trading at 1.057. This pair of money after escaping from the range of 1,065, the EU has expanded its decrease trend to 1,050. By observing the chart, this pair of money shows the trend of increasing its return. It is expected to increase to...
-For a very long time the EURUSD has been on the downside so always seek selling opportunities -Last week the price was heavily down but a slight bounce came. -The pattern suggests another small upside pending -Supply Zone is 1.07260-1.07660 -Deemand Zone is 1.04380-1.05150
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3.35 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Join Darius as we delve into the market today. During Thursday's Asian session, EUR/USD is trading above 1.0500, making a gradual comeback from its eight-month low of 1.0488. The pair is receiving some support due to a slight decline in the US Dollar and sluggish US Treasury yields, amidst an optimistic sentiment. The lowest point reached by EUR/USD was 1.0488,...
EURUSD pares weekly losses ahead of the key inflation data from the Eurozone and the US. In doing so, the Euro pair rebounds from horizontal support comprising lows marked since November 2022, around 1.0485-80, as the RSI (14) takes a U-turn from the oversold territory. The same joins the looming bull cross on the MACD to direct the pair towards the nine-month-old...
i found OB on 1h time frame also with BOS with imbalnace candle with valid order block entry 1.06425 Enter on LTF 5 or 1 min time frame SL : 1.06563 TP : 1.05786 Note: Do Your own analysis before entering trade & im not professional , if you are not sure about this analysis dont trade at all be Decipline trader