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F-EUR

eur usd - update pt2both 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 right level to form and enter on CHOC's Order Block on 15m or 5m chart time frame THE LEVELS 1.0700 and 1.07100 is the zone for bullish fair value area wait for bullish choc here for going long this levels are derived from big bars keep the sl below the bullish fair value zone RR can be 1:5
Long
by Jimmy_Rebello
3
EURAUD LONG IDEATHE HAWKISH ECB Look for occasional retest and confirmation, trade is simple Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction. You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
Long
by CELGIB_TRADING
EURUSD Observation: - In the chart, we can see recent low is broken. so, it is the change of character on 1HR chart. Probability: - We can think that there's probability of the price is going to meet its 4-hour POI. so, we can enter in the short position after touching poi of 1hr in 5 min chart with change of character with the target of 1.05640 and we can set target for partial profit booking to its recent low (which is made after the Choch in 1 hr chart). Need help: - suggest a good broker to trade forex in India. Thanks!!!
Short
by ViiraPatel
5
DXY – TRADES | MTF ANALYSE | KW48In today's post I present relevant marks of the DXY for the next week, which could support the one or the other, in their own analysis. = the technical analysis approaches, are shown in individual images in the post. So that an individual interpretation of the respective - standing alone - is possible. = the title picture shows an example, of a possible trade. This is one of many possible setups because the current course isn`t able to take a clear direction. PERSONAL ASSESSMENT If you look at the price in the higher time frames, you can quickly see that "without" another correction, we have been in free fall. Thus, an intermediate correction in the smaller time frames is long overdue and could possibly await us next week, with a rising USD / DXY. This just announces itself with a MACD divergence, in the small-time units. This does not mean that the price must immediately react to it, however, over the next few days after a possible small sell-off, the whole thing can run in the opposite direction. Why this is so, I explain to you in the following. MARKET MAKERS MOVE THE PRICE . The DXY has been in correction for 2-months and many market participants assume a further USD value decline. And exactly there is the existing problem, -> "many market participants" are on the USD short side. If you look a little bit into the TRADING of the HEDGE funds and banks, you will quickly come to the conclusion that without their participation, the market will not move. 1. from the moment the price moves permanently in one direction, it is no longer interesting for large investors. 2. their opportunities to make money are very small, which is why they have to reverse the market direction or initiate a consolidation. This in turn is due to the following reasons: - The position sizes of these investors are too large to be executed in a normal market environment. - For this reason, you can e.g. only build LONG positions if enough investors sell to you = go SHORT. - Thus, when the market falls, they can build a LONG position piece by piece, without having a "visible" influence on the market. Then, when you decide that their position size has been successfully filled, let the price go in the opposite direction. - During the e.g. upward movement, profits are then taken piece by piece where liquidity is highest so that the market does not break away again after these profit-takings. So that you are prepared for both scenarios (LONG / SHORT), I have carried out the analysis combined with the different time units (monthly, weekly, daily and INTRA-Day) and in the following with chart images. The following methods are used and shown below: - MULTI TIME FRAME ANALYSIS - TREND LINES + TREND CHANNELS - SUPPLY&DEMAND ZONES - FIBONACCI LEVEL - MACD MONTHLY TIME FRAME WEEKLY WINDOW DAY WINDOW INNER DAY TIME WINDOW 4h + LONG 4h + SHORT 1h 4h Divergence - MACD - Intraday > Feel free to discuss this in the comments and share our perspectives, I would be "burning" to hear your take on the whole thing. If this idea and explanation has added value to you, I would be very happy to receive a review of it. Thank you and happy trading!
TVC:DXYLong
by ZielIstDieAutarkie
EURCAD BULLISH FORECAST EURCAD has long been trading lower from 1.46267 to 1.28892 all within descending trend channel territory. The poor EUR been struggling for it's value since 25th Aug, where it maintained the price within bearish flag that has been formed with trading ranges between 1.33352 and 1.28892. Breaking the flag below will hints for strong bearish pressure while breaking the flag above will have same impact in opposite reaction. On 20th Sep buyers were able to touch the upper resistance within the descending trend channel and today's price testing the same resistance. Remember: the most support level or resistance get tested the higher it gets potential risk of break. If price break above the tested resistance, we'll prepare for buying opportunity after retesting above the boundary of the trend channel. I expect EUR to trade high against Canadian Dollar, and expected to reach major resistance which is around 1.37063 Fundamental aspects: ECB has delivered Hawkish statements where Lagarde hints for 75bps rate hike in October. Unfortunately this haven't lift the EUR enough for much gains to recovery, EUR is expected to fight back against it's rivals after the rate hike. Canadian GDP M/M will be release today, whence lower reading as expected may help EUR to have a modest gain against Canadian Dollar. The Canadian GDP was 0.1% in previous reading where it's expected to remain same as 0.1%. If the reading come higher than expected, it may help Canadian Dollar for more gains. If EUR fail to gain against Canadian Dollar, the expected price is 1.24053. which is more lower in history. If you really have a plan on EUR. Pay attention to this structure, it'll be rewarding when use right.
Long
by CELGIB_TRADING