EUR/USD:SELL From Resistance Area For A SHORT Setup The optimism around the European currency remains well and sound and prompts EUR/USD to keep the trade in the upper end of the recent range near 1.0760 midweek. Today the EUR/USD is up for the fourth consecutive session, although further upside now appears somewhat contained amidst persistent prudence among traders in light of Thursday’s release of US inflation figures measured by the CPI for the month of December. The European currency is expected to closely follow dollar dynamics, the impact of the energy crisis on the region, and the Fed-ECB divergence. The increasing speculation of a potential recession in the bloc emerges as an important domestic headwind facing the euro in the short-term horizon.
Our Technical view shows the pair inside a ranging area with a Stochastic in an overbought area and the Stop loss at 1.0800
EURO-USD
GOLDGold Gold has achieved the target of the double bottom pattern that it formed at the bottom
Now he has completed a negative harmonic model
I expect gold to reverse from current levels
But this requires watching a strong selling candle and then going short
Stop Loss 1893
The target is extended to 1773
EURUSD Buy after breakout and fixation. UpdateHello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. In the previous analysis we said that Price has the potential to break the zone, and the price has retested the zone and now you can manage your buy position until reach the target. On the other hand, If and only If the support base and trendline is broken, the sell signal will be activated to support zone.
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EUR/USD:SELL From Sideways Area Waiting US Economic Data SHORT ⚡EUR/USD is still inside a sideways area where the price can start a new bearish rally. In the daily timeframe, the price seems to make a double Top / Pullback after the raising of the last sessions, and Today the economic news, in detail, the Key events USA – GDP (QoQ) (Q3) and the USA – Initial Jobless Claims can give a new boost for the USD to recover the decline of the lasts sessions. We are Looking for a Bearish Setup for EUR.
EUR/USD:SELL From Bearish Channel For a New SHORT SetupEUR/USD is inside a bearish channel, after the progressive recovery of value in the last sessions, the price is struggling to grow more and a new bearish impulse it's ready to the corner for the EUR. Our forecast for the end of the year is about a comeback on the bearish side for this value.
EUR/USD:SELL From Breakout Trendline and PMI Data <50 pt SHORTEUR/USD yesterday the positive news about the USD Unemployment Claims pushed the EUR downwards and today the price may continue to drop more after the breakout of the dynamic trendline to the 1.0500 value. Today the S&P Global Composite PMI shows a value below 50 points showing contractions of private sector manufacturing and services companies. Following the economic data plus the technical analysis scenario, we are looking for a new bearish impulse by the EUR.
EURUSD HELLO GUYS THIS MY IDEA 💡ABOUT EURUSD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade..
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EUR/USD:BUY Setup Waiting For FOMC News For A LONG Setup EUR/USD yesterday the price make new higher after the negative news about the USD. Crucial will be today the USD FOMC release news that can give another bullish impulse for the EURO against all the USD pairs. Our Forecast remains bullish for the EUR also today.
EUR/USD:BUY From 1.064 Level For A New LONG Setup EUR/USD take advantage after the bad news released yesterday for the USD with a strong bullish impulse as predicted. Today the Markets will have another strong shaking by the release of FOMC Economic Projections, USD FOMC Statement, USD Federal, and the USD FOMC Press Conference. The bias is about a new bullish impulse for the EUR and a Bearish momentum for all the USD pairs and correlated. Technically the EUR/USD it's inside a Bullish trend and the price may take again advantage today continuing another bullish impulse.
Potential EURUSD SELL. On the Daily chart we have hit the new OB (Order Block). On the lower TF 1min we have found a BOS in this zone and a OB. Potential sell off on EURUSD.
Cant show you a better chart, because i have to do the analysis with my phone. Sorry for that.
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EUR/USD:BUY From SUPPORT Level For A NEW Long Setup EUR/USD is still in a bullish rally whereas in the last hours the price made a Pullback 1.05300 level and all the clues for EUR are about a new Bullish impulse. The Dynamic trendline is working as support and the RSI is close to turning on the bullish side again. Looking for a long setup.
EUR/USD:BUY From Breakout Resistance For a New LONG SetupEUR/USD is growing, today the GBP Mom positive releases of news will affect all the pairs against the USD to have a new bullish impulse.
The EUR breaks the resistance level at 1.05500 in this session and all the clues are about a new Bullish impulse.
EUR/USD:BUY From Support Level Waiting USD PPI News Release LONGEUR/USD yesterday takes our take profit and today the price may grow more if the USD economic data about the Core PPI m/m and the PPI m/m will show a deceleration of the services and finished goods sold by producers. About the Technical analysis, today the price that is making Higher-highs and Higher-lows seems to have a Pullback on the 1.05500 Area inside a bullish rally. Our Bias is about a new Bullish impulse.
EUR/USD:BUY From 88.6% FIBO Support Area For A LONG Setup Despite all the negative reports from the economic news releases the EUR/USD in a Bullish rally continues to show strong inputs to the market and the price today after reaching the 88.6% Fibonacci on the support 1.04500 make a strong bullish candle as a confirmation of the possible continuation of the bullish scenario. Price may continue to grow and our forecast is about a Long setup.
EUR/USD:BUY From 61.8% FIBO Support Area For a LONG Setup EUR/USD despite the positive economic news given yesterday from the USD the currency reacted positively and this morning the price reached an important level of Fibonacci, 61.8% where it's present also a support level that can help the price to have a new Bullish impulse. As you can see the price is still above the 50 Moving average and all the clues seem in favor of a new Bullish impulse for the EUR.
EUR/USD: BUY From Double Bottom for A new LONG Setup EUR/USD is in a strong Bullish trend, the price make a Local double bottom today and seems ready to have a new Bullish impulse waiting for the release of the ISM Services PMI that can have a positive impact on this currency if the data will be against the USD. Following our technical analysis, our forecast is positive for this pair.