in 4 hour chart it is in up trande.
ir restress little bellow near 38 febo level
take a support at 38 feb level.May b break out if break 23 febo level
( ONLY FOR EDUCATIONAL PURPOSE)
The EUR/USD needs to avoid the $1.0665 pivot to target the First Major Resistance Level (R1) at $1.0708. A move through the Monday high of $1.06943 would signal a bullish session. However, the EUR/USD would need the German stats and Fed Chair Powell to support a breakout session.
In the case of an extended rally, the bulls will likely test the Second Major...
After stalling a four-month winning streak in February, EURUSD prints mild gains so far in March. That said, the major currency pair’s latest recovery takes place from the 1.0540 support confluence comprising the 200-day Exponential Moving Average (EMA) and a three-month-old ascending support line. The upside momentum also takes clues from the upward-sloping RSI...
The triple bottom pattern is a technical analysis chart pattern that appears on stock charts. It is a bullish reversal pattern that occurs after a downtrend. The pattern is formed by three lows at approximately the same price level, with two intermediate highs between them.
#FOREX #EUR/USD Buy at 1.06583, SL 1.05933, Target 1.08489
RISK:REWARD 3
ANalysis: Broadening Triangle.
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HOPE our analysis is adding value to your Stock market trading Journey.
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NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of...
#FOREX #EUR/USD Buy at 1.06583, SL 1.05933, Target 1.08489
RISK:REWARD 3
ANalysis: Broadening Triangle.
Hey Traders,
HOPE our analysis is adding value to your Stock market trading Journey.
If yes, cheer us with Thumbs up...
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of...
After seewping the same day low .. price gives a proper Bos which gives us tro clue to enter .. but only after the inducement swp ...taking out the inducemnt and pushing up
FX:EURUSD
EURUSD is in good resistance level at 1.06140 if this level is broken and the price is sustained then we can plan for buy side.
It is formed Flag and pole.
The EUR/USD needs to avoid the $1.0620 pivot to target the First Major Resistance Level (R1) at $1.0652. A move through the Friday high of $1.06386 would signal a bullish session. However, the EUR/USD would need the retail sales numbers and Philip Lane to support a breakout session.
In the case of an extended rally, the bulls will likely test the Second Major...
Greetings, traders! Today, I am sharing an exciting trade idea for EURUSD that could potentially yield profits. The currency pair has broken the bearish trendline on the 1-hour chart and has retested it, suggesting a potential uptrend.
My suggestion is to consider buying EURUSD from 1.06450, with a stop loss at 1.071. The first target is at 1.0728, which could...
Best resistance level is 9.55 per trendlines.
Targets. 9.4 / 9.36.
Trend line at 9.2 give best support for buyers.
Disclaimer: I just share my view. Please trade with your own analysis.
The euro lost almost 0.7% on Thursday as better-than-expected U.S. economic data pushed the U.S. dollar higher.
Possible effects for traders
The U.S. dollar strengthened after the unemployment claims report pointed out a strong U.S. jobs market. Other data showed growing labor costs, indicating the Fed has to raise interest rates further to tame inflation. 'This...
At the time of writing, the EUR/USD was up 0.08% to $1.06057. A mixed start to the day saw the EUR/USD fall to an early low of $1.05946 before rising to a high of $1.06148.
The EUR/USD needs to move through the $1.0615 pivot to target the First Major Resistance Level (R1) at $1.0654 and the Thursday high of $1.06728. A return to $1.0650 would signal a bullish...
