The #EURUSD price continued to rise to reach few pips away from our waited target at 1.0915$, and begins today with small bearish gap that its begins attempts to cover it now, waiting to resume the bullish wave to surpass the mentioned level and open the way to visit the psychological barrier at 1.1000$ as a next main station. Therefore, the bullish trend will remain suggested for the upcoming period, organized inside the bullish channel that appears on the chart, noting that breaking 1.0840$ will stop the bullish wave and push the price to turn to decline. The expected trading range for today is between 1.0820$ support and 1.0980$ resistance. Bonus 100 $ https://go.xchief.com/t3k #xChief #forexnews #forexsignals #signalforex #forexanalysis #forex #forextrader #forextrading
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The EURUSD price is currently hovering near the minor level; $1.0795, which is proving to be a strong barrier against upward movements. The market is awaiting sufficient negative momentum to break through this barrier and continue its downward trend towards the next target at $1.0740. As a result, we anticipate a continuation of the bearish bias in the upcoming trading sessions. If the price successfully breaches the mentioned $1.0795 level, it could potentially advance towards $1.07215 in the near term. NB:THIS IS NOT A FINANCIAL ADVICE!
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The EURUSD price settles below 1.0990$ level, thus, no change to the expected bearish trend for today, affected by the previously completed double top pattern, waiting to visit 1.0940$ followed by 1.0880$ levels as initial negative stations, reminding you that the continuation of the bearish wave depends on the price stability below 1.0990$ and 1.1040$ levels. The expected trading range for today is between 1.0890$ support and 1.1040$ resistance. Trend forecast: Bearish Our recommended broker 🔹Laverage 1:unlimited 🔹 low spread Open your account here 👇🏻 https://lnkd.in/epBwkj9Z
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EURUSD- TUE 18/06/24 Analysis ⤵️ Daily Timeframe 1. Price in in a bearish momentum and is more likely to continue with bearish momentum 2. Price took out Inducement and has started a bearish momentum in the internal range 3. Recent OrderFlow has been mitigated and is likely to fuel the bearish momentum Chart Link: https://lnkd.in/dQZ3nU49 #forex #forextrading #daytrading
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EURUSD Price Analysis The #EURUSD price continued to rise yesterday to surpass the $1.0720 level, but we notice that the price begins today with bearish bias to press on this level, as it is affected by #stochastic negativity that appears clearly now, waiting to resume the expected bearish trend on the intraday basis, which targets $1.0675 followed by $1.0600 levels as next main stations. Therefore, we will continue to suggest the bearish trend for the upcoming period supported by the negative pressure formed by the EMA50 unless the price rallied to breach $1.0795 and hold above it. Expected Trading Range Between $1.0640 support and $1.0780 resistance. #Bonus 100 $ https://go.xchief.com/t3k #xChief #market #forexnews #forexsignals #signalforex #forexanalysis #forex #forextrader #forextrading
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GBP/USD technical analysis highlights critical levels that may shape the pair’s movement. Key insights: 🔹 Resistance near $X could limit further gains. 🔹 Support at $Y offers a base for potential recovery. 🔹 Traders are monitoring for pullback signals. This setup underscores the importance of staying informed on price action and market shifts. https://lnkd.in/eQZHSfri 📊 #Forex #GBPUSD #MarketUpdate #TechnicalAnalysis #ForexLive
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EURUSD- TUE 18/06/24 Analysis ⤵️ Daily Timeframe 1. Price in in a bearish momentum and is more likely to continue with bearish momentum 2. Price took out Inducement and has started a bearish momentum in the internal range 3. Recent OrderFlow has been mitigated and is likely to fuel the bearish momentum Chart Link: https://lnkd.in/drQCKpED #forex #forextrading #daytrading #dubaiforex
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AUDUSD shows a downtrend with a clear descending resistance line, which the price is approaching. The recent price action suggests a potential bounce off a support zone around 0.6450, as shown by the highlighted green area, where buying pressure has emerged. Additionally, there's a bullish RSI divergence near the recent low, with RSI creating higher lows while the price made a lower low, suggesting weakening bearish momentum. What's your thought, comment below. #USDollar #USD #Trading #Forex #Analysis
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From the #EURUSD testing the grip of #support ahead of today’s #ECB meeting to #XAUUSD showing early signs of a correction and the #SP500 selling off following last week’s #bearish #engulfing pattern, read about this and more in the latest edition of The Pattern Pulse. #FPMarkets https://lnkd.in/ga7grKq5
The Pattern Pulse—11 April 2024 | FP Markets
https://www.fpmarkets.com/blog
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✨✨ From a technical perspective, a break above the immediate resistance of $2,524-2,525 would be considered a fresh impetus for bullish traders. Moreover, the oscillators on the daily chart are holding in the positive zone and are still far from overbought territory. ✨ If XAU/USD drops below the low of $2,470, it will open the doors for further declines and the next price zone to be found is $2,435. ✨ On the other hand, if buyers push the price above $2,520, the next resistance will be the year-to-date high of $2,531. If broken, the next stop will be the psychological level of $2,550 Trading Plan September 6 🏦 XAUUSD SELL zone 2504 - 2506 🔔🔔Remember to set your TP and SL‼️ ✨✨ Wishing you full TP 💰💰💰
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