Since the low from September at 0.95, EurUsd had a pretty good run, with the pair gaining 1k pips which translates into 10%.
However, as I draw attention in my past posts, this is a correction to the overall trend with both technicals and macro fundamentals still intact and not sustaining a strong Eur in the near future.
The recent top was very near a very strong...
looks like EUR/USD is going to fall after the recent retest of the trendline and naked Point of Controle from yesterday.
Entire pump had higher volume, but almost a neutral Delta - This pump happened with Front-Pushing and is so a move of manipulation. Im waiting for a retest to get a confirmation.
Be cautious as EURO has been very very...
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. As of today, due to MARKET RISK being ON, all MARKETS including STOCKS and COMMODITIES are going up a bit. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation has changed. ...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The Euro-Dollar has now retraced more than 50% of the 2022 downtrend, EURUSD has formed an Ascending triangle and looks like it has broken up. The uptrend is likely to continue and reach 1.07515 level.
‼️ This is my analysis on EURUSD .
Based on daily perspective we can see that we are bullish, but for now I expected a retracement as price rejected from bearish orderblock + institutional big figure 1.06000.
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After the clear break above 1.0350 resistance and the confirmation of the break on Friday's NFP, EurUsd starts the week strong and we have a new local high at the time of writing at 1.0565.
Although in my opinion this is just a correction for the longer time frame, and in the short term I expect USD to continue its weakness and in EurUsd's case I expect an up...
In my video from two days ago, covering EurUsd, I said that dips around 1.03 should be bought, for a new test of resistance.
Indeed, after a short-lived spike in that zone, the pair reversed to the upside and tested resistance again.
Although at this moment it seems like the pair is in correction, the structure remains bullish and, as you can see from the posted...