Get started

Euro-dollar

BTC/EUR vs BTC/USD: Discover the Crucial DifferencesBTC/EUR vs BTC/USD present significant technical distinctions. Since May 2022, both BTC/EUR and BTC/USD appear to have formed an ascending wedge pattern on a linear scale, which typically breaks downward, signaling a bearish pattern. What's intriguing is that the asymmetry of this pattern for BTC/EUR is more intriguing than for BTC/USD. Over time, BTC/EUR has tested the uptrend lines (UTL) seven times, while BTC/USD has tested them only four times, leaving three different gaps compared to BTC/EUR. This illustrates the importance of analyzing Bitcoin beyond the USD context, as it can influence both classic patterns and more modern indicators. It's worth closely monitoring BTC/EUR, especially since in the Forex market, the EUR is an asset with a high trading volume.
Short
by joaowedsonf
1
EURUSD: Expecting a drop with continued hawkish FEDThe data coming out of the US continues to support an additional hike this year, with all FED speakers continuing their hawkish stance to return inflation to the 2% target, so getting more likely there'll be a hike in November IMO. Seeing stagflation in the EUROZONE, also real bond yields are positive in the US which makes the USD mo5re attractive, this all makes me bearish on this pair. We saw a drop from highs in the DXY last week which suggests profit taking to me as we entered into the weekend with a US national holiday tomorrow. I expect this pair to drop to channel bottom, will be watching the open price tomorrow and waiting for an entry in LTF's.
Short
by Finchcliffe
EURUSD will Go Down to my 🎯Targets🎯⏰(1-Hour)⏰🏃 EURUSD is moving in the 🔴Resistance zone()🔴and near the Resistance line and 200_EMA (4-hour) and 🟣Monthly Pivot Point🟣 . 🌊According to the theory of Elliott waves , EURUSD has managed to complete a Zigzag correction(ABC/5-3-5) . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Peaks . 🔔I expect EURUSD to move towards the 🎯 Targets 🎯 I specified on the chart after breaking the Uptrend line . Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
55
EURUSD: UT CURVE ANALYSIS (12H)TP5 @ 1.1200 TP4 @ 1.1120 TP3 @ 1.0985 TP2 @ 1.0895 TP1 @ 1.0766 BSO2 @ 1.0635 ⏳ BSO1 @ 1.0555 ⏳ — This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend. — Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also our SL @ 1.0516. — Since I'm still seeing the possibility of the Big Picture uptrend starting from here, I'm going to restart this pair with the same coordinates. — We have two options: (1) Market Order Long or (2) wait for one of the above Buy Stop Orders to trigger and use that as confirmation of the uptrend. 🙏🏾 I'm still holding my long positions, so let's really hope this works
Long
by ProfessorCEWard
2
EURUSD, Ascending-Channel, High-Likelihood Bear-Flag!!Hello, Welcome to this analysis about EURUSD and the 4-hour timeframe perspectives. The global determinations for EURUSD have already shown a mainly bearish development and now when looking at the more local frames as the 4-hour chart I discovered a decisive formation forming that should not be kept from the desk here. Therefore, when looking at my chart we can watch there how EURUSD is now about to form this major ascending-channel that is likely to complete as a bear-flag especially as the rejection from this main descending-resistance-line was the precarious origin of this bearish move to the downside which has now a high likelihood to continue. In this case, when EURUSD closes below the lower boundary of the bear-flag this will be the origin for the further continuations and EURUSD will move on to approach the lower zones especially the lower target-zone within the 1.145 level marked in blue. Once this zone has been reached it has to be elevated how EURUSD approaches into there and if there comes a possible reversal or EURUSD just sets up for the further bearish continuations. As there are some good supports given a reversal in the structure can be considered. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8
EUR/USD -14/9/2023-• All technical indicators are pointing to a bearish picture for the Euro • First, the price broke below an ascending channel since January • Second, the series of higher lows is being questioned as we are trading at the previous swing low at 1.0630 and bulls really need to defend that level to gain traction • Third, the price is trading below the 200 MA for more than a week without even testing that level back • The 2021-2022 1.5 year long down trend was followed by almost a yearly rally which stopped very close to the 61.8% level of that decline, which questions whether the yearly rally that we have seen recently is a major bullish trend or just a correction for the previous major bearish trend • The level 1.0630 is critical in this scenario and if bears successfully break below it, next support will be 1.05 followed by 1.0220 • Today's dovish ECB statement and Lagarde speech supports the bearish picture as the Euro area growth is slowing and forecasts for the coming months and year remain tilted to the downside
by RamziAbouAbdallah-CMT
EURUSD, All Targets Have Been Reached Rightly, Next Steps Ahead!Hello Traders Investors And Community, welcome to this update-analysis about the recent price-action, the current formation and where we can sustain further with EURUSD. The targets which I mentioned in analysis about the breakout and confirmation of EURUSD all have been reached right now, the best way to trade this setup was with the conservative approach after the upper boundary of the triangle confirmed. Both targets, the short-term and the middle-term-targets have been reached, if you did not see this analysis already I highly recommend it when going to the EURUSD section on my account. At the moment I discovered some enthralling signs which will determine the further outcome profoundly, therefore we are looking at the 4-hour timeframe. The direction and breakout described in EURUSD (4-hour timeframe): As we have reached the middle-term-target this is also an important resistance at the moment, because of this fact we get the loading bearish pressure that EURUSD currently shows in this area, therefore we can expect some more bearish downside the next time as long as EURUSD stabilizes at support or falls more. The next significant support in the next structure is the once been resistance which is now support at the 1.1 level, it is also coherently the short-term-target which I encountered and was reached in the overall uptrend. Therefore this zone is building a coherent bullish support-cluster together with the 800-EMA you can see in orange, adding these all together we have some good increasing likelihood for a bounce in this area. Overall the current major uptrend isn't at its peak with the given information therefore there is still some room to move higher, this however needs to be confirmed properly. At first we need to see a stabilization in price at the support and after that a clear cross of the 1.114 level to move higher, when this happens and we do not get more bearish pressure action which will move the price to the ground, the target which you see in my chart at 1.126 will be activated with a high possibility given. A clear break of the current resistance can be traded with a conservative entry, the more aggressive approach will be to enter a position when EURUSD touched in the support-cluster, traders should decide according to own risk-preferences. Thanks for watching everybody, support for more market insight, you can also add in my social media, good day everybody, and all the best! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8