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EURO-USD

EURUSD: Time For Pullback Next Week?! 🇪🇺🇺🇸 Hey traders, As I predicted, EURUSD dropped again this week. Now the pair is approaching 6-years-low. Next week look for a confirmation on lower time frames to buy expecting a pullback. The pair is heavily oversold so correctional movement will be highly probable. Have a wonderful weekend! ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
18
Formation of a Parallel channelThis study is not a trade suggesion, it is only my opinion on the basis of my belife and study. EUR-USD is working in a parallel channel since 4th of march 2022 now its on the verge of a breakdown/reversal . lets wait and watch for a perfect timing to enter. post your opinion in comments below - Wheather it going to bounce back into channel OR Will it breakdown further your every opinion will be answered... please share your thoughts.
by Abhi_The_Chart_Reader
EURUSD is at an Important Support Area; Halt Sell OrdersAfter retesting 1.0930 level, which is the price area right before a 130-pip drop caused by the annoucement at ECB interest rate decision, EURUSD has continued its downtrend and reached a new low at 1.0650 level. This is an important support level, as we can observe back in March 2020 that after price reaching the 1.0650 level, a strong bullish momentum immediately took place, skyrocketing this pair by more than 400 pips back to 1.1100 level. The bullish pump might not occur exactly again at 1.0650 level this time but this level is definitely an important support zone where bullish momentum could easily step in. Therefore, we halted our sell entries and will wait for a potential retracement/correction first before continue selling the down trend.
by NicoBeau_Capital
EURUSD presents short-term buy opportunityEURUSD to continue bearish however presents short-term buy opportunity. Fundamentally, the EURO continues negative outlook especially based on last week’s central bank meetings. While the US dollar is overall positive, data released this week showing higher inflation and unemployment dropping, along with good employment numbers. However, from technical perspective, EURUSD presents short-term buying opportunities as shown above, imbalance to be filled before continuing lower as EURO sells-off against the strong US dollar.
by lwl99
EUR/USD -14/4/2022-• As discussed in my previous posts, target was met just at the long term ascending trend line • Bulls have a double bottom pattern now and are more convinced • Which made the pair gain almost 100 pips in a single day • Bears are still hopeful that this is just a corrective move and are waiting for better prices to short again • Bulls are now targeting 1.09, 1.0940 and 1.10 • It is important to note that this move could be related to bears willing to stay put only because the ECB event is around the corner • FED-ECB policy divergence to be watched to determine future direction
by RamziAbouAbdallah-CMT