Get started

Euro-dollar

MarketBreakdown | EURUSD, USDCAD, USDCHF, GBPAUD ❤️Please, support this idea with a like and comment!❤️ 1️⃣ EURUSD - 4H time frame The pair is still trading on a strong daily horizontal resistance. On that, the price started to consolidate and currently trading within a local horizontal trading range. Wait for a bullish/bearish breakout of the range to buy/sell the pair. 2️⃣ USDCAD - Daily time frame The market is trading within a major falling parallel channel. The price formed a double top formation with a lower high on its upper boundary and broke the neckline. Bearish continuation is expected. 3️⃣ USDCHF - Daily time frame The price is trading below daily horizontal support. The structure is considered to be broken and bearish bias remains. 4️⃣ GBPAUD - 3 Days time frame The price has recently broken and closed below a support line of a major rising wedge. Now we see a pullback. The retest of the broken wedge will give a safe point for shorting opportunities. Let the price reach the broken trend line and look for intraday confirmation to open a sell position. ⬇️Subscribe to my social networks!⬇️
Short
by VasilyTrader
4
EURUSD: Your Trading Plan For Next Week Hey traders, It turned out that EURUSD started to consolidate and trade in a sideways market. The price is trading on a strong daily structure and stuck in a narrow horizontal trading range. Now the future direction of the market will be determined by a breakout: In case of a bullish breakout, I will expect a continuation to 1.204 level In case of a bearish breakout, the price will most likely drop to 1.189 I am bearish biased and have an active short position. But if you don't have any active position, it is better to wait right now. ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Short
by VasilyTrader
6
EUR/USD remains pinned around the 1.1900 mark... (New target)EUR/USD remains pinned around the 1.1900 mark (1.1884-1916 range), awaiting further direction/influence, with the softer-than-expected ZEW prompting some modest unstained downticks. However look at the prior swings in correlation to the Fibonacci movements, we should expect some downside action over the next few weeks. Again, a choppy session thus far within a relatively tight 92.092-302 range for the dollar despite US yields earnings higher as participants remain on standby for the US CPI print later today with the M/M forecast at 0.5% and the Y/Y at 2.4%. Analysts at ING argue that such an outcome could add to the narrative that US inflation is starting to overheat.
Short
by FTUKcom
4
EUR/USD 1.1900 upside complete...Before: The Greenback has been mixed against major peers for the most part and the DXY rangebound between 92.500-000 parameters on the wide, awaiting further direction from FOMC minutes or remaining Fed speakers. However, the index is looking more prone to a downside break having failed to extend gains over 21 and 200 DMAs (92.304 and 92.380 respectively) or resist the challenge posed by the Euro and Franc. Eur/Usd derived impetus from the aforementioned Eur/Gbp strength more than EZ PMIs and even comments from ECB’s Knot alluding to PEPP tapering from Q3 assuming the economy develops along base scenario lines, but gathered pace after overcoming resistance in the form of the 200 DMA (1.1889) before absorbing heavy offers ahead of 1.1900.
by FTUKcom
4
Euro attempts to keep afloat of 1.1800...Bucking the overall trend, as the Euro attempts to keep afloat of 1.1800 vs the Greenback. However, news that between 51.7-61% of the population in Germany, France and Italy may have been vaccinated by the end of H1 may also be helping the single currency resist Buck advances. The Dollar is on a firmer footing vs most G10 and EM counterparts having lost momentum over the Easter break against the backdrop of buoyant risk sentiment in wake of a stellar US jobs report and non-manufacturing ISM that hit an all time high. DXY may also have benefited from the fact that 92.500 held and contained declines within a 92.527-790 range ahead of Redbook weekly updates and JOLTS.
Long
by FTUKcom
3
EUR/ USD (Euro Dollar) Here on the most traded and watched pair in the world the Euro/ Dollar. I am currently looking to go long on a minor retrace on this pair from this bullish bat pattern. We need the pattern to complete by touching the yellow line. We will also need to have some other confirmation signals out there on the oscillators too. Sorry for not going into it any deeper I am behind on some school work and I am also getting back into the 4H time frame trading gonna slowly get down to the 1H again. I am also in the process in making a few courses as well that covers harmonic trading along with a myriad of other topics. When the courses go live I will upgrade my TradingView package to Premium and advertise them on my TradingView.
Long
by ARegularGuy
2
Dollar will lose its value against the EuroCup and handle formation EUR/USD. We are having a backtest and strong support zone on 1.15 zone. Stoch RSI is at lowest point on the weekly chart. We do also have a 50-200MA bull cross which will bring us to 1.32 levels (cup and handle target). When the Covid-19 is over and people start spending, Money is going to flow and we will see high inflation. Not only the Dollar but the Euro will also lose its value against real money (Gold/Silver) because of the money printing. This is not an investment advice.
Long
by kacarm