Potential Rebound Ahead: EURUSDAfter experiencing a significant downturn in the past few days, I'm anticipating a potential bounce back above the 1.06680 levels. Analyzing the charts suggests there could be a reversal on the horizon. Traders, it's crucial to strategize and plan your trades accordingly.
Disclaimer:
Trading involves risk and should be approached with caution. The analysis provided is for informational purposes only and should not be considered as financial advice. Past performance is not indicative of future results. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Eurusdanalysis
EURUSD GOING IN BUY TODAYFX:EURUSD
EUR/USD came under renewed bearish pressure and dropped to its lowest level since November below 1.0700. Although the pair's technical outlook points to oversold conditions, it might be risky to bet on a Euro rebound amid diverging European Central Bank (ECB) and Federal Reserve (Fed) monetary policies.
The ECB left key rates unchanged as expected following the April policy meeting. ECB President Christine Lagarde reiterated the data-dependent approach to policy and refrained from confirming a rate cut in June. Nevertheless, citing three sources, Reuters reported that ECB policymakers were still expecting a rate cut in June.
EUR/USD At Strong Support , Time To Buy It To Get 200 Pips ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
DeGRAM | EURUSD pullback from the retracement levelEURUSD is moving in a global descending channel.
The volatility of the movement has slowed down by the time the price approached the dynamic resistance.
The chart was already showing a bearish takeover after reaching the 62% retracement level.
We think that the price will continue to decline after reaching the resistance level.
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Xauusd analysis is ready to target 🎯🎯traders Gold price is ready to fly
My dear subscribers
My technical analysis is for Gold below
The price is coming around a solid key
Level 2356
Now Xauusd market 2356
Support zone 2345
Target zone. 2415
Bis_ Bullish
Technical indicators Pivot point low
anticipates a potential price reversal
Super trend shows a clear buy giving a
Perfect indicators convergence perfect
Indicators convergence
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EURUSD Is Ready to Go UP🚀🔨 EURUSD is breaking the 🔴 Resistance zone($1.0848-$1.0840) 🔴.
🌊According to the theory of Elliott waves , EURUSD seems to have completed the corrective waves and is now ready for the next five impulsive waves .
🔔I expect EURUSD to go UP at least the 🟣 Yearly Pivot Point 🟣 after breaking the Resistance line and ⚔️ Attacking ⚔️ the upper Resistance lines again.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
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DeGRAM | EURUSD reached 62% retracement of the channelEURUSD is in a global descending channel.
The price reached the dynamic resistance, where it formed doji at the top, which signals the weakening of the bullish momentum.
After the pullback, the price tried to break the resistance where it formed a candle with a long upper shadow, which also indicates the weakness of the buyers.
We expect a retest of the 50% retracement level and then a decline to support.
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EUR/USD Analysis before NFP(4/5/2024)In our last analysis, we had anticipated the EUR/USD FX:EURUSD price to have a minor correction but the correction has exceeded our expectations and the price moved to higher levels.
We have some resistance in the 1.09 zone, so we are expecting the price to reach there.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EURUSD Analysis (5th April 2024)
EURUSD Analysis
On the weekly timeframe price action has just rejected off a weekly bearish Fair Value gap.
This rejection created a 4 hour Change of character which indicated potential retracements after a bullish run on EURUSD.
On the 1 hour timeframe, we can see that price action has created a very neat balance price range coupled with a bearish Fair Value gap that we can look to take shorts from.
What i want to see is Asian/London session to create a pull back into either one of this zones, before i look for a 15 minute Change of Character to look for shorts to fill the clean candles on the left.
EURUSD - SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.07000 for a profit of 40 pips.
With the data better than expected from the news of ISM Manufacturing PMI and the selling pressure that has existed in today's session, I expect the price falls to the level of 1.07000
Guys, what do you think? Leave a comment with your thoughts.
EURUSD - BUY SIGNALEUR/USD holds a very narrow range in the low 1.0800s.
Bargain hunters are still likely to look at dips to near 1.0800 as a buying opportunity for now.
Short-term trend dynamics are neutral while the daily and weekly DMIs still lean, if only moderately, EUR-bullish. That should limit downside pressure on spot in the near term at least.
Resistance is 1.0865/1.0875
Guys, what do you think? Leave a comment with your thoughts.
DeGRAM | EURUSD short opportunityEURUSD made a bearish move, creating an engulfing candle.
The market created a structure of resistance for shorting opportunities; breakout of the level, pullback to it, and trend continuation.
The market made lower highs and equal lows, indicating bearish pressure.
We expect completion of the AB=CD pattern.
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EURUSD : Long Trade , 4hHello traders, we want to check the EURUSD chart. After moving in a descending channel, the price has reached an identified key level that the price has reacted to several times in the past. We expect this level to play the role of a support level and maintain the downward trend of the price and the price will grow up to around 1.08600. Good luck.
EURUSD - BUY SIGNALEurozone PMIs continued to paint a grim picture for the region’s manufacturing outlook. That is not hugely relevant for the FX market, anyway. The soft economic outlook in the Eurozone has been priced in for a while, and with markets relatively confident about a June European Central Bank cut, it’s mostly Dollar rate expectations that are set to keep moving EUR/USD.
It remains unlikely that the pair can enjoy a sustained recovery without a decline in USD rates, but Thursday’s positive Dollar reaction to US data appeared overdone considering the recent narrative by the Fed, and I don’t feel EUR/USD should fall much further before bottoming out.
Guys, what do you think? Leave a comment with your thoughts.
EURUSD FLYING IN BUYThe EUR/USD pair surged to 1.0981, its highest in almost two months, on Friday, ending the week at around 1.0950. Demand for the US Dollar remained subdued, which should have helped the pair run further, but discouraging European news limited Euro gains. By the end of the week, the shared currency stood as the weakest USD rival.
The focus was on central banks, as Federal Reserve (Fed) Chair Jerome Powell testified about monetary policy before the US Congress, while the European Central Bank (ECB) delivered its decision on monetary policy.
💡 EURUSD: Forecast March 25After the railroad model, EURUSD broke the previous bottom and fell sharply in the past session. It has now approached the initial target level around 1.08 and completed the head-and-shoulders reversal pattern. The sellers are showing dominance, expecting the price to continue to go down, the next target is around 1.07xx, you can already look for selling opportunities.
EUR/USD is Aiming for 1.07 zone (3/25/2024)Hello Traders
EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024".
FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement.
Right now the price has broken the upward channel and made a pullback on it.
So we believe the price will reach lower levels.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)