EURUSD Range zoneOANDA:EURUSD The price has pull backed to the white trend line and now we are in a trading range between yellow and blue zone.
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Eurousd
Euro will tank this week I think we have printed the high of the week on #eurousd here! Dollar has been bearish for weeks and now it is starting to see some relief! This means risk off conditions on other assets! I am looking at the the daily fair value gap as the weekly target for eu!
We hit into a daily bearish fvg on euro and have seen some nice reaction! Let's see if the moved will be sustained!
EURUSD is falling with 🗻🗻🗻Triple Top Pattern🗻🗻🗻!!!EURUSD managed to form a 🗻🗻🗻 Triple Top pattern 🗻🗻🗻.
EURUSD is currently completing the pullback .
I expect EURUSD to drop to the next 🟢 support zone($ 1.076-$ 1.0712) 🟢 after completing the pullback to the 🔴 resistance zone($1.095-$ 1.0915) 🔴 and the neckline.
🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-hour time frame ⏰.
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EUROUSD potential short position after trend line breakoutOANDA:EURUSD Price breakout trend line and pull backed to the trend line. We should look for short positions. I think we might see price near orange line.
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Better action on the EUR/USD todayOANDA:EURUSD
Much better this morning
No fancy terms, no fancy commentary, NO fortune telling here from me.
I don't pretend to know how the market makers play everyday, no one can, as we are mostly just home gamers sitting home trying to pay our bills.
AND NO, no one know how the banks trade, if they knew, why are they posting to us home gamers?
I just use some cool tools to help me get some scalps here and there, that is it.
Trade well.
Now to enjoy my day.
Prepare to sell EUR within next 2 monthsTechnical Analysis:
- In weekly, EURUSD is doing wave ((4)) in black
- In short term, EURUSD is doing wave 2 in red
- H1 right side is turning down
- H4 right side is up
- Weekly right side is down
Technical Information:
- If you're a Swing Trader, you can sell wave ((4)) in red around 1.16
- If you're a Position Trader, you must wait for wave ((5)) in black around 0.93 to buy
4-28-23 [dxy]good day,
---
yesterday i shared a very conservative case on the us dollar,
but after seeing the unfolding structure,
i have come back to revise the case.
i am predicting that the dxy expands upward in a fairly aggressive impulse upwards into may via an expanded flat.
---
will update as it goes,
but for now it's looking like we're heading up to roughly 105-106.
stay safe!
EURUSD falls by Fan Principle at Top pattern💣EURUSD is falling by Fan Principle at the top pattern; if the third line breaks down, expect EURUSD to reach the support line.
Since DXY will be bullish, there is a very high probability of completing Fan Principle at top pattern.👇
🔅Euro/U.S.Dollar Analyze ( EURUSD ), 15-minute time frame ⏰.
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The fall of the EURO with a 🗻Double Top🗻 pattern!!!It seems that according to the regular divergence(rd-) between the two peaks created in the 🔴resistance zone🔴, the possibility of creating a Double Top pattern after the breaking of the uptrend line is very high.
Since the DXY analysis is bullish, the probability of the euro falling after breaking the neckline of the Double Top pattern to the 🟢support zone🟢 is high.
The Double Top pattern is likely of the Adam-Adam type, which has many credibilities.
DXY analyze👇
🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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HelenP. I Euro break resistance 1.0800 and can continue to growHi folks today I'm prepared for you EURO analytics. After a fake breakout of the resistance level 1.0930, the price began to fall and broke through the support level. For a long time, the Euro traded below the level 1.0800 and formed a support zone 1.0540-1.0515. Recently, the price the re-tested support zone, began to move up and broke through the resistance level 1.0800. Euro continued to grow, but was never able to break through the resistance at 1.0930 and made a correction to the trend line. After retest trend line, the price continued to rise and was fixed above the mirror support level 1.0800. I expect that the Euro can continue to grow and reach a resistance level. Therefore, will be set the targets at levels 1.0875 and resistance level 1.0930. If you like my analytics you can support me with your like/comment ❤️
LONG EURUSD (4H TIMEFRAME)Following on my idea on the daily and weekly timeframes below:
EURUSD looks like have completed its pullback before uptrend continuation.
EURUSD retested the support (demand) zone and tipple bottom neckline at the bottom of area 1.07 on the 4H timeframe with failing to break below.
Possibly a sub uptrend channel is forming, which next target is into the upper channel above previous and current month high into area 1.11.
💵Euro/U.S.Dollar💵Analyze (Short Term, 03/24/2023)!!!The Euro/U.S.Dollar managed to form an Expanding triangle pattern, and it broke the upper line of the pattern and the 🔴resistance zone($1.088-$1.078)🔴 invalidly.
I expect the Euro to drop down to the 🟢support zone($1.05-$1.046)🟢.
🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-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.
EURO cup and Handle?I originally predicted the dollar to pull the pair back to parity, but I may have to invalidate that prediction. Currently the pair seems to be forming a cup and handle pattern. The handle will allow the dollar to pull the pair back onto the critical support at 1.07, the 61.8% Fibo retracement rate. This rate also coincides with the blue 23.6% Fibo and the 50-day MA currently at 1.072.
If the dollar fails to hold the pair below the 50-day MA rate and the critical support at 1.07 it could allow the euro to push the pair back towards 1.15 (the high just before the Fed started its hiking cycle).
EUR/USD Short; SELL here! Doesn't get any easier than this.Instead of recanting the otherwise already widely disseminated fundamental factors, a couple of fresh data points;
- Central & Eastern European housing market in collapse; YoY -28% decline in residential prices;
- The nagging (constantly revisited) issue of Russian exports of enriched uranium (fuel rods) to the EU (and the US) will now likely be "officially" voted on - whether to include them in the next sanction package. This constitutes <3% of Russian energy sales YET, it effects >35% of the EU's energy generation; (This would be the final, self inflicted blow to energy starved EU - especially for France.) As its been the tendency lately, the EU parliament rushes to pass one stupid, self-defeating act after an other. (Observe all the clowns in the current EU parliament.) In short, as stupid and self-defeatists as this idea was, from the word "Go", inline with the current, popular, parliamentary suicide wave, this may actually come to pass - gets included in the next sanction package.
- The war in Ukraine is not going well - to put it mildly. (In major Ukrainian cities police and militia is nabbing 16 year olds off the streets, shipping them off to basic training camps. Much like during the final days of the 3rd Reich.) As it happens, the US has the tendency to cut lose the dead weight, in this case, dump this whole Pandora's Box on the EU's lap. [Not to mention that the US already has pretty much milked this whole situation close to it's maximum potential benefit. Even more reason to call it a day.)
- Many more recent developments [just tired of writing them all down, having focused here on the couple of the more recent, relevant factors) which all point to one and the same direction.
Most importantly, the EURUSD technicals point in one direction - and one direction only !-, as clearly as it could be imagined.
💵Euro/U.S.Dollar💵Analyze (Short Term, 03/20/2023)!!!Euro /U.S.Dollar was able to make a rising wedge pattern near the resistance zone.
Because of the previous bearish Sharpie move that is evident on the chart, I expect at least Euro /U.S.Dollar fall to the support zone.
🔅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.