Hello Traders! Here is today’s EURUSD technical analysis. I will be reviewing the EUR/USD forecast using Elliot Wave Theory and Fibonacci. Join my membership on my website page to get access to the private chats, education information and members forecast area. Learn and earn at the same time by seeing all my swing trade entries at the time I take them.
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Latest EURUSD Forecast and Technical Analysis for May 1, 2024, FX Pip Collector
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I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 27 btc from day trading with Craig Reeder insights and charts his been one step ahead of other analysis….
this is a full analysis nicely done,from what i can gather:
-the eurusd is moving again towards the buy side
-price is having trouble with the resistance point
-if price is able to break abov ethe resistance zone we could see more upward movement
-with the expected interest rate news we could see some volatility in this pair
would be looing out to see how the market plays out today. we just have to Trade what we see, not what we think.