SMT with GBP at Wednesday's highOB Model Entry: We have EQH as target and OB Model as entry at the wednesday's highLongby luckyAccount256100
EURUSD short below 1.0890 and 1.09Short strategies below 1.09 attention to volatility todayShort01:57by watchmyTrading1
EURUSD grapples with 1.0930 hurdle ahead of EU, US inflation EURUSD braces for the biggest weekly gains since early January even as it eases from a 2.5-month-old horizontal resistance area surrounding 1.0930 ahead of this week’s top-tier data, namely the Eurozone and US inflation clues. That said, a fortnight-long ascending support line joins firmer oscillators to keep Euro pair buyers hopeful of crossing the critical upside barrier holding the key for the quote’s run-up towards challenging the yearly top surrounding 1.1035. In a case where the pair remains firmer past 1.1035, which is less likely considering the RSI (14) line’s nearly overbought conditions, the 61.8% Fibonacci Expansion (FE) of its November 2022 to March 2023 moves, near 1.1200. On the contrary, pullback moves need to break the immediate two-week-old support line, close to 1.0840 at the latest, to lure intraday EURUSD sellers. Even so, a convergence of the 50-DMA and 23.6% Fibonacci retracement of November-February upside, near 1.0730, can put a floor under the price. Following that, the 100-DMA, the monthly low and January’s bottom, around 1.0615, 1.0515 and 1.0480 in that order, may act as the last defenses of the pair buyers, a break of which could hand over control to the bears. Overall, EURUSD is on the bull’s radar and is very much capable of refreshing the yearly top. However, it all depends upon today’s inflation data and hence Euro bulls should wait for the actual data before taking any major positions.by MTradingGlobal0
USDCAD buyers waiting above 1.3550USDCAD completed its sell levels down to 1.3530. Buyers are expected at this lows ideally wait ofr 1.3560 to 1.3570 and extentions As long as below 1.36 buyers are building but not yet holding. Scalping is ideal untill tomorrow´s information of inflation04:30by watchmyTrading1
Scalping with price action EURUSD MARCH 30thEURUSD attention to highs, don´t hold any buy at this levels only buyers if price keeps pushing if not stay out of buy trades at closing hours Sellers starting at 1.0870 to 1.0860 then only short below 1.0850 to 1.0840 and 1.0830 Scalping is the best approach 02:28by watchmyTrading1
EURUSD LONG POSITIONEURUSD Long At 1.08700 Stoploss At 1.08580 First Target At 1.08950 Second Target At 1.09150 Third Target At 1.09300 Thank you.Longby amansaiyad1201
EURUSD FIBONACCI RETRACEMENTEURUSD fibonacci retracement for uptrand buy EURUSD at 1.08490 place stoploss at 1.08320 first target at 1.08976 second target at 1.09286 thank you.Longby amansaiyad120Updated 778
EURUSD SUPPORT AND RESISTANCE LEVELSEURUSD Support And Resistance Levels EURUSD Support At 1.08200, EURUSD First Resistance At 1.08600, EURUSD Second Resistance At 1.08730, EURUSD Third Resistance At 1.08950, EURUSD Fourth Resistance At 1.09150, Thank you. Longby amansaiyad1200
A Breakout Trade in EURUSD.EURUSD Buy after breakout | EURUSD is Strong today we can see sharp rise soon🚀 @Vishwajeetsf Longby VishwajeetSharmaUpdated 229
EURUSD FORECAST 29TH MARCH 2023EUR/USD Bulls to Target $1.0850 on German Consumer Confidence It is a relatively busy day for the EUR/USD, with German and French consumer confidence and ECB commentary to draw interest. The EUR/USD needs to avoid the $1.0829 pivot to target the First Major Resistance Level (R1) at $1.0862. A move through the Tuesday high of $1.08485 would signal a bullish session. However, the EUR/USD needs hawkish ECB chatter and better-than-expected consumer confidence numbers to support a breakout session. In the case of an extended rally, the bulls will likely test the Second Major Resistance Level (R2) at $1.0882 and resistance at $1.09. The Third Major Resistance Level (R3) sits at $1.0936. A fall through the pivot would bring the First Major Support Level (S1) at $1.0809 into play. However, barring a data-fueled sell-off, the EUR/USD pair should avoid sub-$1.075. The Second Major Support Level (S2) at $1.0775 should limit the downside. The Third Major Support Level (S3) sits at $1.0721. Looking at the EMAs and the 4-hourly chart, the EMAs send bullish signals. The EUR/USD sits above the 50-day EMA ($1.07746). The 50-day EMA pulled away from the 100-day EMA, with the 100-day EMA widening from the 200-day EMA, delivering bullish signals. A hold above the Major Support Levels and the 50-day EMA ($1.07746) would support a breakout from R1 ($1.0862) to give the bulls a run at R2 ($1.0882) and $1.09. However, a fall through S1 ($1.0809) would bring S2 ($1.0775) and the 50-day EMA ($1.07746) into play. A fall through the 50-day EMA would send a bearish signal. Longby skarantraderq1
EURUSD LONG above 1.0850 price action update 28thEURUSD above 1.0850 buyers to 1.09 EURUSD if London opens for sellers wait for 1.0830 to TP 1.0820 and 1.0810 targetsLong02:53by watchmyTrading1
EURUSD Target Reached Call given on March 10thCHeck my ideas given on March 10 regarding retaking of EURUSD BUY call. Target Achieved for the same.. Long01:13by TanujaK0
EURUSD looks bearish 28 march 2023In general Euro looks bearish and moving down for lower levels like 1.08 and 1.07850 this weekShortby venkatfx110
EURUSD looks Bearish for 28 march 2023for last few days Euro is bearish and lower levels are indicated in cart for target - 1.08 and 1.07850 on down side, will it happen this week needs to watchedShortby venkatfx0
EUR/USD to Target $1.09 on Easing Bank Jitters and ECB ChatterThis morning, the EUR/USD was up 0.13% to $1.08107. A mixed start to the day saw the EUR/USD fall to an early low of $1.07949 before rising to a high of $1.08195. The First Major Resistance Level (R1) at $1.0817 capped the upside. The EUR/USD needs to avoid a fall through the $1.0781 pivot to retarget the First Major Resistance Level (R1) at $1.0817 and the morning high of $1.08195. A move through the morning high would signal a bullish session. However, the EUR/USD needs hawkish ECB chatter and better-than-expected business survey numbers to support a breakout session. In the case of an extended rally, the bulls will likely test the Second Major Resistance Level (R2) at $1.0836 and resistance at $1.0850. The Third Major Resistance Level (R3) sits at $1.0891. A fall through the pivot would bring the First Major Support Level (S1) at $1.0761 into play. However, barring a data-fueled sell-off, the EUR/USD pair should avoid sub-$1.07. The Second Major Support Level (S2) at $1.0725 should limit the downside. The Third Major Support Level (S3) sits at $1.0670. Looking at the EMAs and the 4-hourly chart, the EMAs send bullish signals. The EUR/USD sits above the 50-day EMA ($1.07576). The 50-day EMA pulled away from the 100-day EMA, with the 100-day EMA widening from the 200-day EMA, delivering bullish signals. A hold above S1 ($1.0761) and the 50-day EMA ($1.07576) would support a breakout from R1 ($1.0817) to give the bulls a run at R2 ($1.0836) and $1.0850. However, a fall through S1 ($1.0761) and the 50-day EMA ($1.07576) would bring S2 ($1.0725) into play. A fall through the 50-day EMA would send a bearish signal. Longby skarantraderq1
Inflation of US. Scenarios for friday.DISCLAIMER: By viewing any material or using the information contained on this publication, you agree that it is general educational material and will not hold anyone responsible for loss or damage resulting from the content provided here by "Watch My Trading". The futures, forex and CFD markets offer great potential rewards and, in turn, great potential risk. You must be aware of the risks and be willing to accept them in order to invest. Do not trade with money that you cannot afford to lose. This publication is neither a solicitation nor an offer to buy/sell any financial instrument. Please note that any advice provided by Watch My Trading is unique and may not be suitable for everyone. EURUSD below 1.08 I prefer short strategies. Today market pushed for buyers but yet not enough buy power above 1.08. Shorts at 1.0790 to 1.0780 and extentions. Above 1.08 buyers to 1.0830 levels. GBPUSD below 1.23 I prefer short strategies. Today market is holding on buy but still no enough to change to buy strategies. Sellers below 1.2280 to 1.2270. Sellers at 1.2260 to 1.2250. Stretegy changes for buyers above 1.23 to TP 1.2320. USDCAD above 1.3650 market is at buy prices for 1.37 targetShort03:55by watchmyTrading0
EURUSD 27TH MARCH FORECAST The EUR/USD needs to avoid a fall through the $1.0770 pivot to target the First Major Resistance Level (R1) at $1.0828. A return to $1.08 would signal a bullish session. However, the EUR/USD needs hawkish ECB chatter and better-than-expected business survey numbers to support a breakout session. In the case of an extended rally, the bulls will likely test resistance at the Friday high of $1.08386 but fall short of the Second Major Resistance Level (R2) at $1.0896. The Third Major Resistance Level (R3) sits at $1.1022. A fall through the pivot would bring the First Major Support Level (S1) at $1.0702 into play. However, barring a data-fueled sell-off, the EUR/USD pair should avoid sub-$1.0650 and the Second Major Support Level (S2) at $1.0645. The Third Major Support Level (S3) sits at $1.0519. Looking at the EMAs and the 4-hourly chart, the EMAs send bullish signals. The EUR/USD sits above the 50-day EMA ($1.07479). The 50-day EMA moved away from the 100-day EMA, with the 100-day EMA widening from the 200-day EMA, delivering bullish signals. A hold above the 50-day EMA ($1.07479) would support a breakout from R1 ($1.0828) to give the bulls a run at the Friday high of $1.08386 and R2 ($1.0896). However, a fall through the 50-day EMA ($1.0479) would bring the 100-day EMA ($1.07102) and S1 ($1.0702) into play. A fall through the 50-day EMA would send a bearish signal.Longby skarantraderq1
EURUSD MULTI TIME FRAME ANALYSISHello 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 strategy are satisfied... Keep trading ❤️ Hustle hard ✅Shortby okako_trading6
Protecting Your Mental Health by Prioritizing Risk ManagementIn the world of trading and investing, it's common to hear the phrase "risk management" thrown around. But what exactly does it mean, and why is it so important? At its core, risk management is about protecting yourself from potential losses. This can include setting stop-loss orders, diversifying your portfolio, and carefully analyzing market trends before making trades. And while these practices are certainly crucial for preserving your capital, they're not the only benefits of prioritizing risk management. In fact, one of the most important reasons to focus on risk management is for the sake of your mental and emotional well-being. Trading can be an incredibly stressful and emotional experience, and without a solid risk management plan in place, it's easy to fall prey to anxiety, fear, and even panic. But when you take the time to establish a sound risk management strategy, you're not only protecting your investments - you're also safeguarding your mental health. By having a plan in place, you can make trades with confidence, knowing that you've taken steps to mitigate potential losses. And even if a trade doesn't go as planned, you can take comfort in the fact that you've prepared for the worst-case scenario. Perhaps most importantly, prioritizing risk management can help you achieve long-term success and sustainability in your trading career. By minimizing losses and avoiding rash decisions, you'll be able to build a portfolio that's resilient and capable of weathering the ups and downs of the market. So if you're looking to become a successful trader, don't overlook the importance of risk management. By taking steps to protect your capital and your mental well-being, you'll be setting yourself up for a lifetime of sustainable and profitable trading.Educationby okako_trading111
EUR/USD analysis for the upcoming weekin the last week price action what we saw was market broke some significant structures left open some heavy imbalances and after that retest a 4h supply. so, my idea for this trade is to fill those imbalance and look for trend continuous with confirmation. when market retest the 4h supply selloff heavily broke some key structures downside but I am expecting market continue selling because there is liquidity leading to a 4h demand which I have refined it to 15m. so, I have marked some imbalance supply from where market could possibly reverse. please go with confirmation if you consider executing my idea on this pairShortby Rohit_Fx9
Big picture of EURUSDWhen we analyze EUR USD on weekly chart , The Market structure is in a Long term Downtrend as shown below. The high is 1.258 & the Low is 0.95 Now , Let us analyze the move from 0.95 to 1.1 As you can see , the daily support is @ 1.05 & the resistance is @ 1.1 Now let us see the Four hourly chart 4 hour chart is range bound Now let us go to the Hourly chart by joel-vgUpdated 0
Short EURUSD Target 1.08After Fed data Euro has started falling. EURUSD is in correction and bearish trend today... EURUSD could be bearish for rest of 2023Shortby venkatfx3