HelenP. I Euro can decline to trend line, breaking support levelHi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some time ago declined to support 2, which coincided with the support zone and at once rebounded up. EUR some time traded near this level and later broke it, after which reached the trend line. After this, the price rebounded and started to grow inside the wedge, where it soon broke support 2 again and then made a retest. Then Euro in a short time rose to one more support zone, which coincided with support 1, but at once rebounded and made a correction movement to the trend line, which is the support line of the wedge as well. After this movement, EURUSD rebounded from the trend line and rose to support 1 and even soon broke it and made a retest, after which continued to move up. Just now, the Euro continues to trades near the resistance line of the wedge and I expect that the price will rebound from this line to the trend line, thereby breaking the support level. So, for this case, I set my target at 1.0780 points, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️
Euro
EURJPY BULLISH - 15 May 2024Like, comment and share with your peers!
Am looking for buys on EURJPY between the range below.
Find my confluences below;
✅Price at psychological level?
✅Has there been a recent intraday range?
✅Do you see 30 mins or 1 hr price bar closure outside recent range?
✅Will position be in the direction of 4hr and Daily trend ?
✅Has nearby wicks to the lefthand side been identified and marked as potential problem area/TPx?
With these ticked, i choose my entry and SL accordingly with the intention of giving my trade a second chance if my SL is hit
Position Parameters
Entry 169.000-169.364
SL 168.687 (flexible - put SL as occasion serves you and give the trade a second chance if SL is hit)
TP 170.505
Drop a comment to let me know if you have picked up a thing or two form my analysis
Warning:
1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk.
You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
Learn how to trade. See my signature below or visit my profile for more details
Entry 169.000-169.364
SL 168.687
TP 170.505
Euro can reach resistance level and then rebound downHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago rebounded from the seller zone, which coincided with the resistance level and rose to 1.0940 points, after which it started to decline inside the pennant pattern. In this pattern, EUR broke the 1.0850 level and fell to the support line, after which at once rebounded and rose to the resistance line of the pennant. Soon, the price exited from this pattern and entered to seller zone, where the Euro some time traded and soon made a downward impulse. price broke 1.0850 and 1.0650 levels, and also later started to grow inside the wedge. In the wedge, the price soon broke the 1.0650 level, which coincided with the buyer zone and continued to move up. But later it made a correction move to the support line of the wedge, after which rebounded and rose until to the resistance line. When the price reached this line, it made a small correction move, after which at once backed up, and now it trying to exit from the wedge. So, in my opinion, the Euro, after exiting from the wedge can reach a resistance level and then the price will rebound down. For this reason, I set my target at 1.0750 points. Please share this idea with your friends and click Boost 🚀
EUR/NZD H4 | Multi-swing-low support belowEUR/NZD could fall towards a multi-swing-low support and potentially bounce off this level to climb higher.
Buy entry is at 1.7860 which is a multi-swing-low support.
Stop loss is at 1.7830 which is a level that lies underneath a multi-swing-low support.
Take profit is at 1.7959 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EUR/USD Outlook: Interplay of Technical and Fundamental FactorsThe EUR/USD pair benefited from modest selling pressure on the US Dollar (USD) and concluded Monday's session in positive territory. Recent days have witnessed a notable selling pressure with low volume observed in both the cross and the future of the EUR.
Later in the session, the US Bureau of Labor Statistics will unveil the Producer Price Index (PPI) data for April. Market expectations are poised for a 0.3% monthly increase in PPI, following a 0.2% uptick in March. A stronger-than-anticipated rise in monthly PPI could bolster the USD, potentially prompting a downturn in EUR/USD. Conversely, a softer-than-expected PPI print leading up to Wednesday's Consumer Price Index (CPI) data might fuel a risk rally, weakening the USD and facilitating EUR/USD's upward momentum.
From a technical standpoint, analysis reveals a negative delta in the footprint, suggesting potential targets in areas of price imbalance. This indicates a possibility for the price to decline to fill the void in transaction volumes.
EURO FX Futures
EURGBP Excellent short-term sell signalThe EURGBP pair easily hit our 0.5 Fibonacci Target following the symmetrical Double Bottom rebound, as mentioned on our last call (March 20, see chart below):
We now switch to the lower 4H time-frame as a strong sell signal emerged. The 4H RSI got rejected inside its 1-month Sell Zone and the pair that is trading within a Bullish Megaphone already reached (and is so far holding) its 4H MA50 (blue trend-line).
The last similar Bearish Leg reached at least the 0.618 Fibonacci retracement level before rebounding. As a result we have now a rough sell Target at 0.85635 (Fibonacci 0.618) but we will close earlier if the RSI hits the Buy Zone before the price hits the Target.
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👇 👇 👇 👇 👇 👇
Will EURCAD pop higher?EURCAD EASYMARKETS:EURCAD
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURJPY Long Continues - 10 May 2024Like, comment and share my analysis with your frineds
Morning Friends,
EJ has a very strong bullish outlook and will most likely continue pushing up.
Entry - 167.650 - 167.721 area
SL 167.397
TP 168.507
Warning : trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
Learn how to trade. See my signature below or visit my profile for more details
EURO - Price can rise a little and then bounce down to $1.0725Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A not long time ago price declined to resistance area, and then bounced up, after which made downward impulse.
Price declined lower $1.0790 and $1.0650 levels, thereby breaking them, after which it started to rise in channel.
Soon, price broke $1.0650 level, which coincided with support level, made retest, and continued to move up.
But soon, price turned around and corrected to support level, after which bounced up to resistance level.
Euro tried to break this level, but failed and declined a little, after which in a short time backed up and finally broke it.
Now, I think Euro can reach resistance line of channel and then bounce down to $1.0725, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
EURJPY Long - 09 May 2024I expect to see price pump after that wild range.
SL 167.030
TP 168.010
Make sure to apply proper risk management.
Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
See my signature below or visit my profile for more details
EURUSD 1st 4H GoldenCross since February! Breakout or rejection?The EURUSD pair completed on Friday its first Golden Cross on the 4H time-frame since February 29. Technically that is a bullish pattern but we are only willing to treat it as a buy opportunity if the pair closes a 4H candle above the Lower Highs trend-line).
If it does, we will most likely have a bullish break-out like March 06 towards the 0.618 Fibonacci retracement level or the top of the Channel Down. This is at least what the symmetrical Bullish Leg of the Channel Down did following the Feb 29 4H Golden Cross and topped on March 08. In that case our Target will be 1.08350 (Fib 0.618).
Until that 4H candle closing, we will be selling the Lower Highs rejection, targeting 1.06550 (just above Support 1), which is what happened on March 22. Notice that the 4H RSI pattern is more similar currently to March 13.
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EURJPY: Going Up Again?! 🇪🇺🇯🇵
EURJPY leaves clear bullish clues,
after a breakout of a solid intraday resistance last week.
After the violation of the underlined structure,
the price started to consolidate within a horizontal range.
Bullish violation of the resistance of the range this morning
is an important bullish confirmation.
We can expect more growth now.
Next resistance - 186.5
❤️Please, support my work with like, thank you!❤️
EURHUF Sell the bounce.The EURHUF pair gave us a strong sell signal last time we made a call on it (October 13 2023, see chart below) as it made the bearish break-out below the Triangle and breached through Support 2:
The price is now approaching the 1D MA200 (orange trend-line), which has been supporting since January 17. The short-term pattern is a Channel Down, a Bearish Leg similar to October - November 2023.
As a result, we are waiting for a potential bounce and sell on the next 1D MA50 (blue trend-line) contact. Our Target will be the bottom (Higher Lows trend-line) of the Triangle at 384.000.
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EURUSD - BEARISH SCENARIO 📉
As We Talked in The Previous Analysis:
The Price Has Pulled Back to The Resistance Line.
Currently, The Market Created a New Higher Low.
So, Let's Expect The Bearish Scenario:
if The Price Breaks The Higher Low and Closes Below That,
We Will See a Bearish Move📉
_________
TARGET 1: 1.06670🎯
TARGET 2: 1.05755🎯
EURUSD - BEARISH SCENARIO 📉
As We Talked in The Previous Analysis:
The Price Broke The Support Level (1.07431 - 1.06950) .
On Friday 3 May, The Price Has Pulled Back to The Resistance Line.
So, Let's Expect The Bearish Scenario :
if The Price Breaks The Support Line and Closes Below That,
We Will See a Bearish Move📉
_________
TARGET 1: 1.06670🎯
TARGET 2: 1.05755🎯
EURUSD bias for longs...Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Let's see , long for eurusd for me :)
At the same time i am also bias to short
USDCHF
USDMEX (Mexican Peso)
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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SELL EUR/USDEURUSD is in a downtrend channel on the daily and weekly timeframe.
Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10.
The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and closure below of area 1.05.
HelenP. I Euro can bounce from trend line and decline to $1.0675Hi folks today I'm prepared for you Euro analytics. A few moments ago price traded in the resistance zone, which coincided with the resistance level, and then rebounded to the trend line, but after this move, it turned around and started to decline. In a short time, EUR broke the 1.0855 level and declined a little lower, but later price rebounded up to the resistance zone, where it some time traded and then made an impulse down to the support level, finally breaking the 1.0855 resistance level. As well soon, the price broke the 1.0675 support level, which coincided with the support zone, and started to trades below this level. After this, the price later broke this level again and then rebounded up to the trend line one more time. But recently Euro rebounded from this line and started to decline. For my mind, EUR will reach this line again and then rebound down to the support level. So, that's why I set my goal at the 1.0675 level. If you like my analytics you may support me with your like/comment ❤️
Euro can exit from wedge and rise to resistance levelHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price broke the resistance level, which coincided with the seller zone, made a retest and even soon rose higher. But after this, the EUR turned around and started to decline inside the downward channel, where later the price broke the 1.0860 resistance level one more time and fell to the support line of the channel. After this, EUR rebounded from the support line and rose to the seller zone, thereby exiting from the downward channel, but soon the price turned around and made a downward impulse to the support level. Also, the price started to trades inside the wedge, where it first broke the support level, which coincided with the buyer zone, and some time traded below, after which rebounded up, breaking the 1.0670 level again. Later Euro rose to the resistance line of a wedge, and at once made a correction movement, after which a not long time ago rose back to the resistance line, where now it continues to trades near. In my opinion, the Euro can make a correction movement again and then rebound up to the resistance level, thereby exiting from the wedge. For this reason, I set my target at the 1.0860 level. Please share this idea with your friends and click Boost 🚀
EURAUD:🔴Is it Bearish...?!🔴(Details on caption)
As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity.
In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario.
So if the price reaches the bearish order block we can enter the sell position with LTF confirmation.
💡Wait for the update!
🗓️10/05/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Euro H4 | Potential bullish bounceThe Euro (EUR/USD) is trading close to an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.0740 which is an overlap support.
Stop loss is at 1.0690 which is a level that lies underneath a pullback support and a confluence of Fibonacci levels i.e. the 61.8% retracement and the 100% projection levels.
Take profit is at 1.0793 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURO STOXX 50 Already at Target 1. On Way to over 11 thousand.Euro Stonks are raging higher
Euro zone growth has been terrible ever since the inception of the #EU and especially with the introduction of the common currency.
(common currency but uncommon debts)
Why are they going up now
Are they simply playing catch up
Is the ECB going to engage in FED like stimulus and PPT activities?
Currency devaluation
or actual economic goodtimes?
IDK
All I know all the European Bourses have major room to the upsides
#CAC
#DAX
#FTSE
and all the minor index's are positively positioned like I have been saying for quite some time now.