GOLD IN CORRECTIONmarket unable to close above 4h high...
and 15mins correction sell high has been confrms...so market may go extreme buy zone use buy limit
which is in link...
Eurusd-4
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 SELL FORCAST 25.03.24Reason For SELL
1. Breaked Support @ 1.08350
2. Double Bearish Engulfing in last Week
3. Overall Sell Trend in 4H
Overall Possible Outcomes
🔹FX SIGNAL
EURUSD SELL 1.08175
SL 1.08850
TP 1.07011
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?
EUR/USD: Stronger discounts continue!Hello dear friends! What do you think about the current trend of EURUSD?
Today, EURUSD continues to decline, seemingly trying to gather strength to bounce back as the US dollar strengthens for the third consecutive day.
Currently trading near the 1.0849 level, a quick look at the technical analysis chart shows that the downward momentum is still leading. As a result, breaking below the support level of 1.0871 has solidified the case for implementing a selling strategy.
I am watching the 1.0800 level as the next stop, especially if the support level of 1.085 continues to crumble. What about you? What is your prediction for this currency pair?
Update the latest EURUSD pair!EUR/USD has recovered after two consecutive days of losses, approaching the 1.0930 level in the Asian trading session on Tuesday. However, the pair faced resistance amidst cautious market sentiment ahead of the release of US Consumer Price Index (CPI) data.
Market expectations suggest that the US CPI will increase from the previous month in February, although the annual rate is forecasted to remain unchanged. A strong CPI report could dampen the prospects of an imminent interest rate cut by the Federal Reserve, potentially strengthening the US Dollar (USD) and posing a challenge for the EUR/USD pair.
EURUSD flirts with 1.0880-75 key support as Fed week beginsEURUSD remains pressured around 1.0890 early Monday, after posting the first weekly loss in four. In doing so, the Euro pair grinds near the 1.0880-75 support confluence comprising the 100-SMA and a five-week-old rising trend line amid the initial hours of the week comprising the key Federal Open Market Committee (FOMC) monetary policy meeting. It’s worth noting that an impending bull cross on the MACD and a below 30 level of RSI (14) suggest the pre-FOMC consolidation of the quote. However, the corrective bounce appears elusive unless buyers manage to cross a downward-sloping trend line from the monthly high, close to 1.0945 at the latest. Even so, the monthly top surrounding 1.0980 and the 1.1000 threshold will act as the final defense of the sellers.
Meanwhile, a downside break of the 1.0880-75 key support will allow the EURUSD bears to attack the 200-SMA level of 1.0830. Following that, the 1.0790-85 and the 1.0730 levels could test the sellers before directing the prices toward the yearly low marked in February near 1.0695. In a case where the Euro remains bearish past 1.0695, the May 2023 low of 1.0635 and March 2023 bottom surrounding 1.0515 will provide intermediate halts during a likely south-run targeting the previous yearly low of 1.0448.
Overall, the EURUSD pair stays on the bear’s radar even if the oscillators suggest consolidation ahead of the key FOMC.
Movement to the downside EURUSD is forming a movement to the downside after forming reversal. Currently formed correction on 4h timeframe.
EURUSD: Stuck in the falling price channel!Hello dear friends, today the stable recovery of the US Dollar (USD) has exerted new downward pressure on EUR/USD, extending its decline for the third consecutive session and revisiting the support level near 1.0900.
The upward momentum is limited below the resistance level of 1.0935, as the current trend remains clearly bearish, indicated by the parallel channel on the chart. It is expected that this currency pair will continue to decrease further if it reaches the upper limit of the price channel as marked in the analysis. To find an opportunity for price increase, EUR/USD needs to break the current price channel. On the other hand, if unsuccessful, the next downward target for this currency pair will be at 1.090.
EURUSD rebounds within a month-old bullish channelEURUSD picks up bids to 1.0930 as traders consolidate weekly loss amid a sluggish Asian session on early Wednesday. In doing so, the Euro pair recovers within a one-month-old bullish trend channel amid upbeat RSI and MACD conditions. It’s worth noting that Tuesday’s Doji candlestick adds strength to the quote’s corrective bounce. With this, the buyers are likely to retake control and can aim for the 1.1000 threshold as an immediate upside target. However, the aforementioned channel’s top line surrounding 1.1010 and the November 2023 peak of 1.1017 will test the pair’s further upside. In a case where the bulls keep the reins past 1.1017, the previous yearly high marked in December around 1.1140 will be in the spotlight.
On the contrary, EURUSD sellers will have a hard time taking control as the stated channel’s bottom line joins the 21-bar Exponential Moving Average (EMA) to highlight the 1.0870 as a tough nut to crack for them. Even if the Euro bears manage to smash the 1.0870 key support, an ascending support line from October 2023, near 1.0750, will test the bears. Furthermore, lows marked in December 2023 and last month, respectively near 1.0720 and 1.0690, also act as downside filters before giving control to the sellers.
To sum up, EURUSD buyers are likely to keep the reins even if the upside room appears limited.
EURUSD: Waiting anxiously!Hello dear friends!
Today, EUR/USD is trading in a tight range below 1.0950 in the morning of Monday in Europe, extending its sideways movement in the context of a stable US dollar and mild risk sentiment. Traders are cautious about placing new bets on the major currency ahead of the US CPI data release on Tuesday. This will be a significant news that will directly impact the new trend of short-term scalpers, whether it is an upward or downward movement!
On a personal note, RKarina expects this currency pair to experience a slight downward correction as the trend begins to move sideways and the upward momentum is limited. The support level at 1.087 is highly regarded in case it helps EURUSD regain momentum.
EURUSD: Keep moving forward!Hello everyone, it's RKarina here again! Let's discuss and devise a strategy for the new day!
The EUR/USD has gained momentum, pushing prices higher and creating an opportunity for a potential test of the psychological barrier at 1.1000. Increased selling pressure on the Greenback following the Non-Farm Payrolls report for February has provided this currency pair with additional upward potential.
Currently, the EUR/USD is facing resistance at 1.098, but technical indicators and prospects still lean towards an upward movement. The level of 1.0960 (the Fibonacci retracement level of 61.8% of the latest downward trend) is considered the first resistance level for EUR/USD before reaching 1.1000 (psychological level) and 1.1035.
Looking for shortEURUSD is looking for short opportunity after forming correction for a movement to the downside.
EURUSD: Retesting the breakout zoneRKarina is delighted to meet you all again, to discuss and strategize for today!
As expected, EUR/USD is testing its highest level in two months around 1.0950 during the Asian trading session on Friday. This currency pair gained ground on Thursday, supported by prospects of ECB movements and a weakening US Dollar following a dovish tone from Fed Chair Jerome Powell. The upcoming US NFP will be the focal point today, determining the moves for this currency pair.
In the short term: Today, we prioritize selling as this currency pair undergoes a corrective trend after a significant rally. The pullback level is expected to be around 0.5 - 0.618 Fibonacci retracement (coinciding with the previous peak level for testing purposes).
EURUSD Prediction for 01 MAR 24 upcoming weekEURUSD is one of the most traded Forex instruments with good volume activity.
If we look at the chart:
The market has been trading in the consolidation phase. Then it gave a breakout last week, 24th Feb. After that, the market has been in the range (1.07972 - 1.08576) bound situation.
Case 1: The market is going to be sideways unless it's broken to the upside.
Case 2: Once it breaks to the upside, it's going to give a nice bull trend till 1.09825 levels. it is showing a perfect entry level for a bullish position with Risk : Reward = 1:5
we can initiate a bullish position @1.08239
Reasons:
Bullish Hammer formation at the support shows the market's bullish structure.
Price ~ 200 EMA, which indicates the market is having an average price.
RSI = 45 shows a weak bull sign. The market is not going to have a bullish momentum unless the RSI is broken 60 to the upside.
Verdict: Bullish
Plan of Action:
Buy: 1.08238
SL: 1.07935
Target: 1.09835
EUR/USD: rises to 5-week highRKarina greets everyone!
Today, the EUR/USD is testing its highest bidding price since the end of January, quickly surpassing the 1.0900 level to touch 1.0915 before stabilizing slightly but still maintaining an upward trend since Wednesday. This currency pair is currently in a corrective wave, however, a successful close above the resistance level at 1.089 and receiving support from the 1.085 area has opened up more opportunities for price increases for this currency pair, with an immediate target of 1.093 after completing the trend correction.
