EUR/USD -12/10/2022-• Bullish on hourly chart, buyers and sellers battling at key trend line support
• Horizontal support at 0.9670, the last line of defense for bulls
• If buyers give up at the above level, the YTD low around 0.95 will be exposed as a target for bears
• CPI figures tomorrow will probably be the key event for fresh impetus
Eurodollar
EUR/USD SELL IDEAStoryline: EU is currently in a bearish condition and has been that way for a minute.
Basically the whole year so far. Last week price action initiated a sell for the continuation of the trend.
Price is currently moving off a weekly OB and headed for 0.95429 which is the -sell side liquidity that lies below the previous range swing low.
0.94655 and 0.87377 would be the levels to look forward to get tagged next.
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Thanks for reading :)
EUR/USD -4/10/2022-• Recently highlighted a descending channel on the Euro Dollar
• Trading the channel is buying at the lower trend line and selling at the upper one
• As shown, the pair touched the support line twice between 26 and 28 September and bounced from there
• Bulls are now fighting to surpass a critical area between 0.99 and 1.00
• Best level to sell is the resistance line today at 1.0050
EUR/USD Daily Chart Analysis For Week of October 7, 2022Technical Analysis and Outlook:
The Eurodollar attempted to retest our Mean Res 1.0040 after breaking out thru Mean Res 0.9835. There is a possible short-term upside move to the newly created Mean Res 0.9987. On the downside, the main target is our Key Sup 0.9595 and completed Inner Currency Dip 0.9570. Continuation to the next Outer Currency Dip of 0.9370 is in the making.
Joe Gun2Head Trade - EURUSD rally coming to an end?Trade Idea: Selling EURUSD
Reasoning: EURUSD rally coming to an end?
Entry Level: 0.9907
Take Profit Level: 0.9784
Stop Loss: 0.9937
Risk/Reward: 5.19:1
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SHORT EURUSD - UPPER DOWNTREND CHANNEL & RESISTANCE AREA REACHEDEURUSD looking to have finished its correction phase back to the upper downtrend channel and resistance (supply area) at 0.9890-0.9990.
If rejection and no break of the upper channel of the downtrend channel, then it will be confirmed downtrend continuation and into the downtrend channel (new low) and into the next demand and support area at 0.90-0.93.
💵Euro/U.S.Dollar💵Analyze (9/26/2022)!!!Euro/U.S.Dollar has been running in descending channel for about 235 days.
Euro/U.S.Dollar is in the heavy support zone and near the lower line of descending channel + PRZ(Price Reversal Zone).
I expect that Euro/U.S.Dollar will go up at least to the middle line of descending channel.
🔅Euro/U.S.Dollar Analyze (EURUSD) Timeframe 4H⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵Euro/U.S.Dollar💵Analyze (10/03/2022)!!!Euro /U.S.Dollar moved as I expected ✅👇
Now, Euro /U.S.Dollar is running near the middle line of descending channel; at the same time, it was able to make an Evening Star Candlestick Pattern (reversal pattern).
I expect Euro /U.S.Dollar will touch the lower line of descending channel at least.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 4H⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
THE US DOLLAR VS THE EURO DOLLARI am once again revisiting these currencies with a new approach.
You can now come along for the ride in understanding exactly what patterns that are mentioned in this video.
In this video I discuss the potential scenarios that could play out over the coming weeks, months and years.
I am making my analysis more transparent as time goes on and you will see how and why.
Right now, it appears that we are most likely in the middle of a slow grind down in the Euro.
Once this slow grind down is over, this will signal the start of a great bull market.
But for now, we need to understand exactly where we are in this corrective process and how to take advantage of the moves that are coming.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long-term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Best of all, it's now free!
EURUSD Higher TF SELLEURUSD
EURUSD has made a strong push to the upside and closed well above the 0.9700 key level during NY Session (Sept 28). 1H made a clear break of structure to the upside and has been creating higher highs/lows since.
Price is reaching a strong Supply Level on the Daily Timeframe which I expect to see some reaction from. I will wait for Price Action confirmations before jumping into what I believe could be a long term Sell. I am overall Bearish on EURUSD and
would like to see the following scenario play out:
Price has made a strong push to the upside since trading around 0.9540s. I see this as the Daily Pullback and possible anticipation to a new Impulsive move to the downside.
I don't want to get caught into early SELL positions so I will wait to see how price reacts once it reaches my Supply Level at around 0.9850. From here I will like to see a clear price action confirmation and would enter into a SELL as follows:
Entry: 0.9850
0.9885
Stops : 15 pips above
Targets: 0.9730
0.9600
0.9512
*Again* I want to be very cautious with this SELL as I am aware of the bullish price action on the 4H, and Daily (last 2 candles), I would like to see a 30m and ideally 1H Break of Structure to the Downside to get into this SELL.
Note: This is not to be taken as trading advice and/or signals, please do your own analysis and manage your risk responsibly!
Best of luck in your trading
Let me know your thoughts on where you see EURUSD headed next!