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EURUSD INSTITITUTIONAL ANALYSIS (PRO)The market is currently bearish and we expect to see more bearish pressure on market open come Monday 20th September. Basing some of this analysis on EURUSD futures contracts, we expect to see slight pullbacks to 1.1800 and later possibly to 1.1940 region before we can see any further continuation to the downside. TIPS: //FOR DAY TRADERS// ---WAIT TO SEE WEEKLY LOW FORM BY TUESDAY MARKET CLOSE, ENTER AT AN OPTIMAL "LOW" PRICE AND ENTER LONGS WITH YOUR FIRST TARGET AS 1.1800 AND SECOND ONE AT 1.1900 ---------CHECK ON WEEKLY NEWS TO ENSURE YOU'RE NOT CAUGHT ON THE "WRONG SIDE OF THE MARKET" AS YOUR GURUS SAY. ----ONLY ENTER TRADES WITH CONFLUENCE. //FOR SWING AND POSITION "WHALE TRADERS" ----USE DXY CONFLUENCE. ---------DXY LOOKING BEARISH THEREFORE WE EXPECT TO SEE A FURTHER RISE IN EURUSD AND THIS WILL BE A HALLMARK ENTRY RIGHT AT THE CURRENT PRICE. TARGETS OF A RISK REWARD OF 1:3 GOOD ENOUGH TO TAKE YOUR ENTRIES ON A LOWER TIME FRAME I.E., 4 HOUR FOR OPTIMAL RESULT AS WELL AS A CONFLUENCE CONFIRMATION BEFORE YOU HOP IN. //KEY NOTE: STAYING CASH IS A POSITION TOO, QUALITY TRADES OVER QUANTITY TRADES// //FOLLOW ME FOR MORE . YOU CAN SHARE A "CHEERS" TOKEN IF YOU WANT ME TO KEEP UP WITH MORE DETAILED POSTS LIKE THIS// HAVE A LOVELY WEEKEND AHEAD AND ALL THE BEST IN YOUR TRADES MATES. RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by AFRICAN_FOREX_TRADER
DXY (U.S. dollar) Fundamental Forecast Correct | Euro-zoneWhile the US Dollar Index (DXY) has recovered quickly from the weaker-than-expected Non-Farm Payrolls (NFP) data, the greenback may face headwinds ahead of the Federal Open Market Committee's (FOMC) interest rate decision on September 22 as inflation is expected to fall for the first time this year, according to the Conference Board's. In the United States, the headline CPI reading is predicted to decrease to 5.3 percent in August after being constant at 5.4 percent for two months, while the core rate of inflation is expected to fall for the second month in a row. As the Federal Open Market Committee (FOMC) admits that "the economy has not yet achieved the Committee's broad-based and inclusive maximum-employment goal," evidence of slower price growth may prompt a bearish reaction in the US dollar, and the central bank may stick to its current monetary policy path, as Chairman Jerome Powell insists that "we have much ground to cover to achieve maximum employment." In contrast, signs of sticky inflation may trigger a positive reaction in the US Dollar, putting pressure on the FOMC to normalize monetary policy sooner rather than later. It is unclear if Fed officials would make major revisions to the Summary of Economic Projections (SEP), since "several participants highlighted that there were upside risks to inflation linked with worries that supply had evaporated." Fresh developments from the US economy are likely to sway the Greenback ahead of the next Fed rate decision as the central bank enters its media blackout period, but the break of the monthly opening range raises the possibility of a further advance in the US Dollar Index (DXY), which appears to have reversed course ahead of the August low (91.82).
TVC:DXYShort
by SteadyTradeAI
Eu Long currently running 3%Eu Long running 3%. Waited for price to do asian liquidity sweep! I entered on the 5min time frame, Waited for a break of structure. Scroll below to see entry! Partials taken, capital is protected. Trade management is the key to success in trading. Price action still has the potential to come down to the back of the 1hour buy range. If this PA takes me out, That is totally fine. i will look again for another entry. Trade safe and consistent!
Long
by Jake-from-the-trading-Cartel
Don't Miss This Buy Opportunity For EURUSDThe Godfather of Trading... EU. Analysing across DXY and the USD in general, I can picture a bearish week for the Dollar ahead, given the last 2 weeks have been showing consistent bullish pressure, I think this week the bulls will run out of steam. DXY may be heading back to 92.000 or lower. I think DXY crashing, will provide the bullish momentum that EU was after. Further to this, EU is approaching this months support, as you can see from the left this support has been used as major support before, previously used in April of this year, and EU bounced off this perfectly. We may see a similar pattern here and see EU bounce to 1.2. I do not think this is something that is impossible and certainly do see it happening. It might be worth going after a long swing on EU and adding longs from the beginning of the Trading Week and holding out until 1.2 as your TP. Bare in mind News might also have a heavy part to play in the direction this swings. Also bare in mind, if EU does break through its Monthly Support we may see downwards momentum continue throughout this week, however this does look very unlikely given what has happened in the past, and as the famous saying goes "History Loves To Repeat Itself". Thank you for taking your time to read through this and I hope this helps you!
Long
by NOSVII