Get started

Euro-dollar

Today’s Notable Sentiment ShiftsEUR – The euro surged on Tuesday as traders cut their short positions on the single currency after Moderna’s CEO said COVID-19 vaccines were unlikely to be as effective against the Omicron variant as they have been with other types. Societe Generale notes that “this is Round 2 of Omicron jitters evident in the unwinding of short euro/long stock positions. There is an element of short euro covering as well and the unwinding of US rate hike bets is also undermining the dollar.” CAD – The Canadian dollar weakened on Tuesday as fears that the Omicron coronavirus variant could impede global economic recovery, offsetting domestic data, which showed stronger than expected growth in Q3 at 5.4% for the quarter.
by thunderpips
2
EURUSD: Two Resistance to Watch Next Week 🇪🇺🇺🇸 Hey traders, As I earlier predicted, EURUSD nicely bounced from a key weekly support level. Even though that Friday was quite bullish for the pair, you must remember that the trend still remains strongly bearish. To catch a trend-following move, here are two resistance for you to watch next week: Resistance 1 is based on a trend line that the price started to respect since June. Serving as a strong support for a very long time it has been broken recently. Now it turned into a resistance and from that, I will look for a confirmation to sell. Resistance 2 is based on a trend line matching the lower highs on a 3 days chart. Three times in a row we saw a strong selloff from that. Wait for its test and look for a confirmation to sell. If you are looking for buying opportunities and you missed a pullback from the underlined blue support I would suggest staying away from trading the pair for now due to a strong dominance of sellers. ❤️Please, support this idea with like and comment!❤️
Short
by VasilyTrader
17
Today’s Notable Sentiment ShiftsUSD – The dollar set a 16-month high against the euro on Monday after Federal Reserve Chair Jerome Powell was nominated for a second four-year term by President Biden. Western Union Business Solutions noted that “with Powell being renominated for a second term, that suggests a less dovish outlook for monetary policy than under a potential Brainard leadership. It looks like there’s greater scope for US rate hikes under Powell with Powell remaining on as the Fed Chair, and that has been broadly positive for the dollar.”
by thunderpips
3
✅EUR_USD WHEN TO BUY? LONG🚀 ✅EUR_USD is falling in a downtrend And the pair has already lost almost 9% from the local highs Which is a LOT for such a major pair, especially given That the bulk of the action happened in the last few weeks So the pair is locally oversold And I think that those who are in the short trades Are looking for a level at which to close their positions At least partly, and the first strong structure is around 1.1179 From there I would be expecting a pullback and a bullish correction So If we see reversal signs, it would be a great place to buy IF the level is broken, however, then the nearest support Would be 1.0759 level, which looks iron-clad And so the pair will most certainly go up from this level LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Long
by ProSignalsFx
22
EURUSD: Key Levels to Watch Next Week 🇪🇺🇺🇸 Hey traders, Bearish rally continues on EURUSD. From the beginning of summer the market lost more that 8% of its value. It looks like bearish sentiment prevails. Analyzing the structure here are the key levels to watch next week: The closest strong support area is 1.111 - 12 cluster. I will expect a pullback from that level. The next strong support is based on a low of 2020. 1.062 - 1.073 is the area on focus. The closest resistance is based on a major falling trend line linking the last lower highs. I will look for trend following opportunities from there. Wait until one of the key levels is reached and then wait for the confirmation to buy/sell. ❤️Please, support this idea with like and comment!❤️
Short
by VasilyTrader
20
EURUSD 1D TF : 21.Nov.2021The euro / dollar pair has hit a 19-month low last week as the dollar index strengthens, and the area in which it now stands is a very important support range . The price can fall to 1.117, but for further fall, the price will need a lot of power from the market bears. We have to see if the dollar index will continue to rise as the new week begins. Last week's yield was more than 180 pips due to the Bearish trend. ✅ Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 21.Nov.2021 ⚠️(DYOR)
Short
by ArmanShabanTrading
EUR/USD bearish bias to 1.1400 next...EUR/USD as of lately has been relatively bearish on all timeframes trending south on a daily perspective. The next port of call for the pair seems to be firmly at 1.1400 heading into the final stages of this trading year. Whilst 2021 hasn't been so kind to the EURO, once we fulfil the base at 1.1400, this pair may struggle to go much lower and form as a base for the coming year. We will be posting and getting more active on here providing more analysis and educational tips so stay tuned!
Short
by FTUKcom
EURUSD: Technical Outlook For Next Week 🇪🇺🇺🇸 Hey traders, We must admit that for that last two weeks EURUSD is consolidating. The price is currently trading within a narrow horizontal trading range on a daily. Taking into consideration that the pair is trading in a bearish trend, I still remain bearish biased. The trigger that I am looking for to catch a bearish continuation is a bearish breakout of a yellow support cluster. We need a daily candle close below that to confirm the violation. Then the price will most likely drop lower. Closest support will be 1.14 In case of a further decline, monitor a major falling trend line. It will be the next key support. Alternatively, in case of a bullish breakout of the range, bullish continuation will be expected. ❤️Please, support this idea with like and comment!❤️
Short
by VasilyTrader
28
Today’s Notable Sentiment ShiftsEUR – The single currency strengthened on Thursday after the ECB’s October meeting failed to push back against rising expectations for the central bank to begin tightening policy in 2022. Reuters noted that ECB President Lagarde’s comments in the central bank’s press conference were not forceful in reaffirming the ECB’s dovish stance. Hence, the lack of dovish rhetoric and ongoing concerns over rising inflation was enough to keep bets for rate hikes in 2022 on the table, supporting EUR.
by thunderpips
1