Hello friends! The hesitant movements of the US Dollar (USD) seem to have created enough momentum for the continued uptrend of EUR/USD at the beginning of the week. However, the pair failed to retest or clear the key hurdle at 1.0800 for a fourth straight day of gains. The sideways trend is expected to persist and the pair will soon encounter resistance at 1.0800.
EUR/USD LONG TRADE. above the resistance line, it will spike move or retest then entry. this is high momentum trade. always use SL must
Symbol - EURUSD EURUSD is currently trading at 1.06350 I'm seeing a trading opportunity on buy side. Buying EURUSD pair at CMP 1.06350 I will be adding more if 1.06000 comes & will hold with SL of 1.05500 Targets I'm expecting are 1.08030 - 1.08500 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
This my for tomorrow... According to me the market should now come down and go up. Learner.
EurUsd Bullish side momemtum . sustain above that resistance. and pull back entry.
EUR/USD is trading steady around 1.0750 at the start of the new week after a positive week. Technical analysis suggests that the pair could continue to rise in the near term as the price range widens. US economic data that did not meet expectations weakened the USD's strength on Friday, pushing the EUR/USD exchange rate higher at the end of the week. A further...
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 price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Hi everybody! In the first trading session of the new week, the EUR/USD exchange rate increased to 1.0800 due to the weakening of the US Dollar. The USD faced a significant sell-off after the US Bureau of Labor Statistics (BLS) released a report, showing weak labor demand and a slowdown in wage growth in April. This decline pushed the US Dollar Index (DXY) to a...
As seeing this chart pattern there is great opertunity and Good risk to reward ratio for sellers. We can expect good volume and quick moves at this range. Good opertunity to involve in this trade .
Reason for long a) trendline breakout possibility b) QQE long c) Completion of abc trend d) Weekly breakout possibility e) SL compulsory Entry and exit as indicated in chart
Hello all of you! On Thursday, the EUR/USD pair rebounded to the highs of the recent consolidation period, surpassing the 1.0700 handle. This recovery comes as markets readjust to risk sentiment ahead of the release of the US Nonfarm Payrolls (NFP) report on Friday. Price action has taken place around the 34, 89 EMA, as the market waits for clear momentum to...
ITS better to take position at this level to take good risk to rewrd ratio
Correction Pattern Clearly formed and 4H CHoCH formed to buy side.
Pattern clearly forming on method of SMC Already Reached 38.2% Let's see Where it goes.
EURUSD Short from a daily supply zone. First target +2.5. Potential hold time- few days to a week
Hello everyone! Yesterday, after the announcement of the PCE news, EURUSD experienced a slight decrease in price. Currently, this currency pair is temporarily trading around the 1.069 level, ending the short-term uptrend at the 1.070 threshold. Looking ahead, it seems that EURUSD may have to undergo further adjustments according to Dow's theory, as it has tested...
Hello everyone, today, EURUSD continues to trade around a familiar level near 1,071 and maintains the long-term bearish trend. In terms of trend analysis: EURUSD will soon receive important information from the European HCOB Manufacturing Purchasing Managers' Index (PMI). This data will provide further insight into the pair's next direction. Short term: Today,...