DeGRAM | EURUSD resistanceEURUSD broke and closed below the major structure support.
Price action usually forms some kind of consolidation pattern after huge moves.
Contraction always leads to expansion and vice versa.
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Eurusdforecast
Eur/Usd with ichimoku analysis gives a more objective assessmentlooking at the eur/usd chart using ichimoku gives a more objective assessment, on this chart you can see the ichimoku cloud is also condensing downwards, with the press & kijun also seen dropping sharply downwards. This indicates a strong selling pressure.
EUR/USDs potential bottom for the dayHey tradomaniacs,
market-depth so far looks like absoprtion is happening and bears are taking some of their profits after this strong move down.
Currently passive buying at the bottom plus stop-loss-hunting could push price up providing a nice opportunity to buy with a tight stop-loss.
AS ALWAYS - IT IS VERY RISKY to trade against the strong momentum to the downside!!
More risk-off in equities and things can quickly change. ;-)
And wait for momentum / Confirmations! Watching this level carefully
EURUSD Idea for next month.Hi there!
Today I would like to present to you my analysis of the EURUSD currency pair.
According to my careful analysis, we can expect a move of over 750 pips Until the beginning of August.
If you would like to learn to analyze the market according to financial institutions, feel free to write to me
Best regards to the Financial Institutions that follow my profile.
EURUSD Idea for next month.Hi there!
Today I would like to present to you my analysis of the EURUSD currency pair.
According to my careful analysis, we can expect a move of over 750 pips Until the beginning of August.
If you would like to learn to analyze the market according to financial institutions, feel free to write to me.
Wait for the entry which I have marked as the black trendline.
Between Jul 4-5, look for entry between 7-9 AM or PM.
EURUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURUSD....SELL (100 PIPS)I'm looking for EU to retrace and and trade in my trend line, other way round expecting EU to fall into the 1.03's..... EU has been choppy for sometime, but technical wise we could see a bearish flag formation of EU to the downside. Hence I rest on my setup for this short!!!
EurUsd- To finally break under supportAfter a new test of 1.0360 support in Mid June, EurUsd bounced back, just to find strong resistance and selling pressure at 1.06 resistance.
Now the pair is again sitting above support and a break to this looks imminent.
Both the long-term trend and the structure since May are bearish and my strategy is to sell rallies towards 1.05.
A daily close above 1.0650 would negate this scenario and for target, bears can look at parity.
DeGRAM | EURUSD consolidation continuesEURUSD is consolidating at major structure support.
We assume that price action will consolidate until we see a break of major support and resistance levels.
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EURUSD AnalysisGood Morning Traders,
Hope you had an amazing weekend.
Above is our EURUSD Analysis:
HTF- EURUSD is visibly bearish; we are expecting one more leg to the downside where the EUR and the USD would be par at 1.000 for the first time since +20 years .
LTF- we do see a potential long opportunity from current price to 1.7000-1.8000 where we would subsequently take a short from there if opportunity arises.
Let us know if you have any questions or if you share the same analysis.
Your feedback means a lot to us.
Let us make the most out of this week.
God Bless,
ETGL TEAM 💛