Hey before you trade #DYOR I’m sharing my idea which is based on technical analysis for more accuracy you can check news or event update. EURUSD 1Hr Chart analysis current price is given breakout on 1hr chart, as per 4hr trend retesting is complete, for target and new retrace are you can check chart I share. You need to wait for retrace area to break and create...
EURUSD stays on the back foot ever since it reversed from a multi-month high the last week, despite the latest corrective bounce. The Euro pair’s south run also conquered the resistance-turned-support stretched from early February and gains support from the RSI’s pullback from overbought territory. Adding strength to the downside bias is the looming bear cross on...
Euro dollar is at the key support level and if the supports holds up then we could get a decent bounce. This is on the daily timeframe and we can drill down further on the hourly charts if one wants to get shorter term idea. In any case a small bounce at this level is a high probability.
As per the structure, the price continues to decline to reach the 1st deemand area to go further, and also, there are three deemand created in a 4hr time frame. If you watch the recent high and AO , there is a divergence between them Where the price makes higher high, but AO is losing the buying momentum and decreasing. Better to find a short...
UD/JPY forming a bullish reversal pattern - Head and shoulders at an important support level. The pair is also oversold so the chances of mean reversion on the higher timeframe along with the reversal pattern on the hourly timeframe bodes well.
Although the EURUSD is all set for the first weekly loss in four, despite refreshing the 17-month high, the buyers aren’t off the board as multiple supports stand tall to challenge the downside ahead of the key week comprising monetary policy meeting from the Fed and the ECB. That said, a three-month-old horizontal support area surrounding 1.1100-1090. Following...
Break down from the reversal pattern on the hourly charts and the oscillators are also now moving in the bearish territory. There is no immediate support and the momentum oscillators have a long way to go to get to the oversold zones. All suggest towards a good short sell
1) Downtrend 2) Price is aboveEMA 3) Moving Down From their Strong support 4) Fundamentally EURUSD Is looking LONG 5) The zone that I made in EUR is work as magnet 70% Technical 30% Fundamental
EURUSD braces for the biggest weekly gain since November 2022 while poking the 16-month high as markets await more clues to confirm the nearness of the Fed’s policy pivot. It’s worth noting, however, that the overbought RSI conditions and an ascending resistance line from November 2022, around 1.1250 by the press time, challenge the buyers of late. Even if the...
After the breakout from the rectangle on the hourly charts the pair is now testing the support. Stops will be below the range or in this case in the middle of the range. Instead of using the target here we can just use the moving average to ride the trend for as long as possible on the hourly time frame. One can also use the ichimoku for the same
Let’s focus on OANDA:EURUSD SELL The target is marked as per 15M & 1 Day with Fibonacci tool Calculate by SMC Market Structure. As per current Eurusd price on 15M chart Major 2nd BOS is complete now it’s time to retrace minimum 38% marked area with Fibbo tool TP1 and TP2 area is 50% marked same with Fibonacci Thanks for watching.
The EURUSD gave a channel break and went straight towards the resistance zone. If the first resistance zone breaks, then the central resistance zone has a chance to touch it. Every dip is a buying opportunity. --------Disclaimer----------- Charts are for educational purposes. Non-advisory, discretional.
The Entry Price is higher than the Market Opening Price.(✔️) M15 imbalance on the potential of the H1 range. (✔️) Below the level of the First Seller of stock options. (⚠️) ps since the price is in search of a new range, we can try to sell from this reversal structure in order to pick up the corrective movement. But perhaps there will be a change of trend...
Hello traders! I'm not going to elaborate on this too much. We're hitting equilibrium prices on the weekly and daily . Resistance expected . We also have a Daily Bearish OB that has already been tested, thus confirming a bearish move. The white box is a mitigation block which was not tested clearly earlier and left a gap. That what is expected to be filled....
Analysis for eurusd: 10th july Liquidity: internal liquidity : taken external liquidty : sell side taken Volume profile: D shape VWAP : weekly above fair value : +2 Propable move: buy. Take your own risk. Analysis may be different in pov for market makers. I have plotted 3 scenarios based on my own analysis. News may change my complete analysis. !!We have...
This week There is No Fundamental event in euro But USD is remain Bullish Funadametally
EURUSD pares weekly losses within a fortnight-long falling wedge bullish chart formation ahead of Fed Minutes. The major currency pair’s rebound appears more interesting as it stays beyond the 200-EMA amid a steady RSI (14) line, suggesting further upside. However, the Euro bulls need to carve out the 1.0920 hurdle to confirm the bullish pattern pointing towards...
Formed of CUP handle pattern and expected one up-move to reach the near-swing high. --------Disclaimer----------- Charts are for educational purposes. Non-advisory, discretional.