Powell comments accelerates the already strengthening US DollarPowell's comments yesterday where he stated that should US jobs and economic data remain high, "we are prepared to increase the rate of hikes" and that "the ultimate peak is likely higher than expected" saw the US Dollar strengthen across the board.
For EUR/USD, the Euro came under pressure but this was already underway from over a month ago, when we saw the market fail at its previous long term uptrend - we already covered this in a previous video.
This leaves the market back under pressure targeting short term the 1.0340/25 2017 low and 200-day ma.
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The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Eurusd-3
EURUSD Technical Analysis and Trade IdeaIn this video, we take a look the EURUSD and observe that it has currently traded up to a significant resistance level. Below that, there is a price gap and sell-side liquidity in the form of stop losses, which could potentially target for bigger players. During the video, we delve into trend analysis, price action, market structure, price gaps, and touch on a potential trade opportunity. Please note that everything discussed in the video is purely for educational purposes and should not be construed as financial advice.
EUR/USD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
EURCAD I Local buy from support Welcome back! Let me know your thoughts in the comments!
**EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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easyMarkets EURUSD Daily - Quick Technical OverviewEURUSD got a good boost yesterday, traveling back to its 50-day EMA, where it found resistance. If we clear that area, more buyers might join in.
For today, watch out for the ECB's Account of Monetary Policy Meeting, together with the EU preliminary CPI numbers.
Please watch the short video for the remaining analysis.
Disclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURUSD I Intraday short from resistance Welcome back! Let me know your thoughts in the comments!
**EURUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURUSD Technical Analysis and Trade IdeaIn this video, we take a look at the EURUSD currency pair. We can see that the market is currently over extended. We discuss key levels of support and resistance, price gaps, market structure, price action, and a possible trade opportunity. As always everything explain in the video, not financial advice.
Time to tighten up stops in EUR/USD?I would suggest that it may be time to tighten up stops for short EUR/USD positions....why?
1. We are at the base of the cloud on the daily chart
2. The RSI is low, but not yet oversold on the daily chart, however the 4 hourly chart is starting to show a loss of downside momentum.
3. We are approaching the 1.0482/1.0463 2023 low and 38.2% retracement, where we would allow for some profit taking.
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
AW Euro Dollar Analysis - Wave 1 Complete - Take Profits...In this video I explain how I got you into this trade, but it was only Wave v.
No harm done unless you decided to short at ridiculous levels.
Here I help you out once more by explaining what comes next.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EUR/USD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
AUDUSD I It will continue downwardWelcome back! Let me know your thoughts in the comments!
**AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GBPUSD I Potential buy from demand zone Welcome back! Let me know your thoughts in the comments!
**GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
easyMarkets EURUSD Daily - Quick Technical OverviewDisclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AW Euro Dollar Analysis - Bigger Picture Changes Our Target...Another very timely discovery made at the larger degree indicates that this was a fake our wave since October 2022.
This provides us with more clues as to how low the Euro will drop and also explains the Bitcoin view.
Suddenly things are all lining up with an expected drop in the Stock Market, Cryptos and now the Euro.
I don't come to these conclusions all at one but instead I slowly come to these conclusions based on the evidence.
The leg lower should extend about the same distance as the move down from January 2021 to the recent low in October.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Short Trade Opportunity...This is a short trade idea that will be targeting 1.04614.
The stop is placed at the last high as instructed in the video.
From current levels risk reward is roughly 3:1.
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EURUSD Post CPI Breakdown episode 2Here is a quick recap and breakdown of price action post CPI data on EURUSD. If you did not watch my first video on Pre CPI data for EURUSD make sure to check it out. Take notes, Study, level up your trading and remember - only a fool dismisses demo trading. Cheers and be safe.