- The Euro still looks bullish when compared to the USD - The USD has shown some huge downside, now we can expect some relief and bounce back - The Euro still shows signs of bearishness IMO. - The Euro can rip your longs if you are looking for one, prefer setting up long-only bias once the base is set and the trend in intact.
-The price inside the channel is not improving, and again, retrace the downside. - The price was rejected from the same supply zone and is now headed to the downside. The next demand zone is 1.06200-1.05900 -Every bounce is a selling opportunity.
currently price is not in good place to make long trades we have one medium time frame resistance and two bearish order block coming in way let the price pullback to the level of 1.0575 & 1.05180 for long initating and can have the target of 1.07800 with good risk to rewards
Audnzd has shown a breakout after a bullish impulse move and consolidating. We are expecting price to continue moving upside.
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...
-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
we were expecting to go long on order block of 1.0700 but price didnt retest the zone at first and whoever bought with direct limit order their stop loss was taken out but we had calculated risk of 20 pips but if the conservative trade who waited for choc entry the entry did not triggred .......................... thats the wrap from previous analysis...
current bullish candles looks like pullback we have open order block at the level of 1.07028 to 1.0981 (buy area) resistance 1.07818 to 1.07715
Sept #3 Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market...
Price making lower high lower lows and currently making a buildup for liquidity trap for buyer whereas on the higher time frame the marked demand zone has not mitigated yet price is likely to meet that point at 1.0700 and 1.0650 for going longs
both DXY and EUR/USD are on curucial levels we had planned conditional buy on eur usd in the evening but price didnt sweeped the bullisj liquidity as we assumed although grabed the seller stop losses and mitigated the bearish order block therefore now for upside there is space to move higher upto 1.07700 sufficent for good trade and risk to reward wait for...
the 29 august move on 1h was not a bullish trend it was just liquidty grab move made insitutional players FOR SHORT BEARISH SETUP after that we have seen sharp fall towards the new order block i think price below (ob) will be sweeping some liquidity and pretend to bounce back but it just as pullback there has been fair value area around 1.08424 - 1,08154 where...
price made a choc on higher time frame so we are likely expecting the price to pullback at the area swing low where the buyer stepped in and will target the high of pullback considering the price from current level the trade indicates fair value of 1:2 on risk to reward buy 1.07915 sl 1.07500 target 1.08700 note that this demand zone can be temporary as our...
Strategic analysis OANDA:EURUSD Today's rich agenda is completed by the Minutes from last Fed's meeting, Housing starts and industrial production in the United States. Once again yesterday's reaction of the European currency up to the levels of 1,0950 confirmed my thought that despite the pressures that the Euro receives , every time it hits some local lows ...
Breakout from flag pattern in an uptrend, excellent pattern to trade. There is also not much resistance nearby and good floor to use as support.
AUG , EURUSD RISK 1:3 ALWAYS FLEXIBLE , JUST LIKE MARKET Trade Idea: SELL 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 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...