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Eurusdanalysis

EurUsd- Sell rallies in search of great R:REurUsd is in a topping mood since Monday and although yesterday has made a new high above Monday's one, gains were very quickly reversed leaving a daily Pin Bar on our chart. As I explained in my previous analysis over the last months or so, there is no reason fundamentally for a weak USD (or a strong Eur if you wish) and also technically 1.08- 1.1 zone should provide a bulletproof ceiling. That being said, I will look to sell rallies with a risk: reward of 1:3
Short
by Mihai_Iacob
2
DeGRAM | EURUSD consolidation continuesEURUSD broke out of the ascending channel, and it is testing the resistance zone and dynamic resistance (trendline). The market overall is consolidating because, price action is printing HHs and LLs, indicating indecision in the market. If price action rejects the resistance level of consolidation, we can look for a potential sell trade. We expect a bearish move. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
5
EurUsd- Do we finally have a top for this correction?Since October, EurUsd rose strongly and gained almost 1500 pips. However, as I said multiple times, both fundamentals and long-term technicals do not suggest a trend reversal in the long run, and although 0.95 could be the bottom, there is more likely to have range trading going further for the most traded currency pair in the world, than continuation above 1.1 Stricly technical, Friday is marked by a hanging man candle, followed yesterday by a Shooting start (or Pin Bar if you wish). These could be the indication of a top in place and a drop to 1.06 could be next. Considering a stop loss above 1.09 we also have a good R:R for such a trade
Short
by Mihai_Iacob
4
DeGRAM | EURUSD divergence at the resistanceEURUSD is testing the major daily resistance zone and a dynamic resistance. Price could not broke and close above the resistance, indicating bulls are running out of steam Price action printed a double top and divergence, the market will see some pullback. We expect a bearish move or consolidation between 1.0870 - 1.07500. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
2
The EURUSD within tight track – AnalysisThe EURUSD pair continues to fluctuate within tight range since yesterday, while stochastic attempts to gain the positive momentum on the intraday basis, waiting to motivate the price to resume the bullish wave that its targets begin by breaching 1.0745 to open the way to head towards 1.0915. Therefore, we will keep our bullish overview that gets continuous support by the EMA50 unless breaking 1.0690 and holding below it.
Long
by eltonmorningstar
4
EURUSD | LONG TERM SWINGS TO THE UPSIDE?Hi Traders! I'm looking at EURUSD and expecting more upside movements on this, possible Bullish rally into 1.16029 / 1.17211, this will be a +800 point move from current price 1.08318 - looking at the lower time frames, weekly, daily, 1hour and 15min there has been multiple confirmations for upside price movements, new HH and HL levels are formed + 61.80% and 38.00% fib corrections, all levels rejected and pushed price into upside direction, on the weekly time frame, after the monthly key level 0.95374 was rejected, we only had 3 Bearish candle formations and the rest are Bullish impulsive pushes, (12) to confirm, in order to see any Bearish plays on the weekly and monthly time frame, we will need to see price take out major key levels + new structure needs to form after taking out previous support and set lows (Key Levels) for now short term targets can be daily key levels as 1.09348 (Daily) and 1.11860 (Daily) this will be a 103.2 point move and 355.2 point move, I will do more technical updates on the weekly and daily time frame later this week when the markets are open.
Long
by UnknownUnicorn14323489
EURUSD Where To Next SELL @ 1.10??We are marching towards the 1.10 WEEKLY SUPPLY/SELL zone after breaking through 1.08 post CPI yesterday price has also created a new high in the current leg also creating a newly formed DEMAND/BUY zone around 1.06. Because we are also taking out previous swing highs off the last downtrend and creating new DEMAND/BUY zones on the way up it looks like we are now moving into an uptrend on the weekly charts. What you should expect to occur next is for a move up towards the 1.10 weekly SUPPLY/SELL zone this will be a good area for a good area for a short SELL trade to target the newly formed DEMAND/BUY zone around 1.06. This area will also be a good area to buy back in to target the Monthly SUPPLY/SELL zone at 1.14. I will start to look for SELL signals on my TRFX indicator above 1.09. Hope you enjoyed the post
Short
by TheFxAce
10
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. Dollar strengthened after DECEMBER FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So keep an eye on FED UPDATES and US DATA. - Definitely, according to the market structure, EURUSD can go down to the support level of 1.0627 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. After that, EURUSD can go up to 1.1003 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
by benny_marshall