Eurusdprediction
EURUSD WEEKLY#EURUSD All time LOW at 0.90275 and that's the starting point of EURUSD candle on 01MAY2002.
#EURUSD All time HIGH at 1.60388 on 01JULY2008.
On 02NOV2009 price drops at 1.51440. After that price drops again at 1.49401 on 02MAY2011 but able to touch previous High. Again price drops at 1.39936 on 01MAY2014. Drops again at 1.2556 on 01FEB2018. As you see I Already marked POI on 26MARCH2018 and I was waiting for a mitigation and price went that direction as a magnet!
Then we saw something new after few month's price try to touch the previous high but...! Price failed to the previou high at 1.23496 on 01JAN2021 and price drop again!
I marked some Important POI
Now price is moving towards 1.12826 POI to mitigate.
When price gives as a BREAKOUT on 1.25560 level then we can see a BULL MARKET
Until then, we can expect the price should not fall down below 0.9536
CORRECT ME IF I'M WRONG!
EU Expected to a trend Switch PLAN (B)EU has been bullish. since last November so we expect a small correction and continue to be bullish after the medication and collecting the liquidity from the positions
and also we are looking the plan B that EurUsd can either go for a push up to 1.13100 or else from here at 1.10900 it will start the next move towards the supply zones
EURUSD HIGH PROBABILITY ZONESas on fundamental doller shows weakness so gold and all usd pairs should go upside but chart shows downtrend as on smc trader my two high probability zone marked on chart.
its look foolish that fundamental says positive on eurusd xauusd all usd pairs where i wait for the sell entries ..
i wait for sell entries because chart gives no confirmation to CHoCH if breaks previous major high 1.10455 level and gives no CHoCH entry then the upside choch confirmed then i find best zones for buying ..
but i want to give small sl on two high probability zone.
because i am a risky trader and i take risk on every opportunity i get..
Condition of taking sell entry..
1. when market touches POI zone i changed timeframe to 5 min and 1 min
2.i wait for CHoCH liquidity taken out then put entries..
if can’t understand dm me i help u to understand..
EURUSD 6th APRIL FORECAST We can see a strong resistance at 1.08833 it it is broken then we can expect a Bear Move to 1.07863
The EUR/USD needs to move through the $1.0921 pivot to target the First Major Resistance Level (R1) at $1.0951 and the Wednesday high of $1.09696. A return to $1.0950 would signal a bullish session. However, the EUR/USD needs hawkish ECB chatter and hotter-than-expected industrial production figures to support a pre-US session breakout.
In the case of an extended rally, the bulls will likely test the Second Major Resistance Level (R2) at $1.1000. The Third Major Resistance Level (R3) sits at $1.1078.
Failure to move through the pivot would leave the First Major Support Level (S1) at $1.0872 in play. However, barring a data-fueled sell-off, the EUR/USD pair should avoid sub-$1.080. The Second Major Support Level (S2) at $1.0842 should limit the downside. The Third Major Support Level (S3) sits at $1.0764.
Looking at the EMAs and the 4-hourly chart, the EMAs send bullish signals. The EUR/USD sits above the 50-day EMA ($1.08678). The 50-day EMA pulled further away from the 100-day EMA, with the 100-day EMA widening from the 200-day EMA, delivering bullish signals.
A hold above S1 ($1.0872) and the 50-day EMA ($1.08678) would support a breakout from R1 ($1.0951) to give the bulls a run at R2 ($1.1000). However, a fall through S1 ($1.0872) and the 50-day EMA ($1.08678) would bring S2 ($1.0842) into play. A fall through the 50-day EMA would send a bearish signal.