Eurusdforecast
EURUSD| Short Term Buys. EU has finally repriced to go lower for the whole of December but we're getting a lshodt term retracement on EU before finally selling off.
We can also as week see the opposite happening on Dollar index ..
Confluences:
We've just currently swept liquidity below an old low las week leading to the low we have today during Asian session, and price has impulsively displaced higher with a fvg creating a bullish open float and a bullish institutional swing point, showing that the smart money are ready to go bullish.
Expectations:
We are likely to see price trade into the discount of the bullish price swing created today and buy off of the bullish order block highlighted.
Conclusion :
if price trades into the discount of the bullish price swing, I'll be capitalizing on a short term long position to the relative Equal highs above where we have buy stops and the stops of those who previously had short positions in the market .
StefanFX ....
#EURUSD Targets And ScenariosIts is clear that EURO has a nice bounce.
It is more probable that euro will go down, and for this scenario we have two targets, the second one is the parity.
and bear in mind that an up side scenario is still possible, so manage your trades and follow a proper risk management.
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. The dollar has strengthened after the 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 1.0500 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. After that, EURUSD can go up to 1.0900 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. eurusd
EUR/USD: PAIR FORECAST BY VUGARHello guys!
As you seen, EUR/USD created nice bullish trend from starting 0.95400 price level. It already gained many positive pips and continues to grow.
But, I think that there is a strong barrier here. This barrier is situated at 1.07820 level which is strong point.
So, what may be in next weeks?
In my opinion, EUR/USD will grow up until 1.07500. Why?
Because, upper from this price is coming 1.07820 level which I noted as barrier. If EUR/USD can break it and will strenghten above 1.07900 then we can see the next targets:
Firstly, 1.09830
Secondly, 1.11500
This is a longway and we can see retracements here. However, this pair is beloved pair of Forex traders and their interest to it can push EUR/USD up.
If price will remain under 1.07800 then we can see middle-term flat situation which can take some next. Pair will attempt break it but strong barrier will hinder it.
This is just my opinion.
I have forecasts related to downside movements also.
Firstly, 1.04330
Secondly, 1.02100
Note: it is good to stay ajar in the period of Christmas.
Good luck.
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/USD: Calm before the interest rate stormThe central banks of the most traded currency pair are both making very important interest rate decisions this week in quick succession.
On Thursday (8.00am NZDT) the US Federal Reserve will deliver its final interest rate decision for the year. Less than 24 hours later, the European Central Bank will deliver its own decision.
What these decisions will be, especially in the case of the US Federal Reserve, are not agreed upon by the market. In the US, Fed policymakers are expected to raise rates by 50 basis points following four consecutive 75 bps hikes, although a 25-basis-points hike is also a possibility that has been thrown around lately. Boosting the chance of a smaller-than-expected rate hike is The NY Federal Reserve recent survey which showed consumers are growing more optimistic about inflation. Consumers see one-year inflation at 5.2%, down 0.7 percentage points from the October reading. On Tuesday, we get the real figure though, with November’s inflation YoY rate due at 2.30am. This data point will likely be one of the biggest factors contributing to the Fed decision on Thursday, and consequently, the direction of the EUR/USD.
In Europe, markets are expecting a 50bps hike, following two straight 75bps rate increases.
Looking at the daily chart, the EUR/USD has printed consecutive higher highs for the last three months. With the help of the ‘Investing Zones’ indicator, we can try to illuminate the current trend for the EUR/USD, and whether the trend is strong enough to break crucial levels. Ultimately the goal of this indicator is to suggest buy or sell zones, depending on the trend of the market.
Looking closely, we can see that the Investing Zones' Alma Trend Ribbon (blue for uptrend and pink for downtrend) is boldly blue, indicating the strength of the current uptrend. The trend’s strength rating is also determined by how far the price is above or below the Alma Trend Ribbon. In this case, the EUR/USD price is comfortably above the Alma Trend. This idea is also supported by the price hovering in the green zone, which suggests buyers are the primary bias affecting this pair at this point.
Interestingly, after the price entered the green zone and the Alma Trend switched to blue, the price reached the first resistance level marked by the black dotted line. This supports the idea that the 1.0600 is a crucial price level that must be broken first for the uptrend to continue. If the price breaks and closes above the black dotted line, the upper band of the indicator at around 1.1000, might be set as a new target level.
EURUSD Weekly Volatility Analysis 12-16 Dec 2022 EURUSD Weekly Volatility Analysis 12-16 Dec 2022
We can see that currently the implied volatility for this week is around 1.48%, DOWN from 1.53% from last week
according to EVZ data
With this in mind, currently from ATR point of view we are located in the 1ST percentile,
while according to EVZ, we are on 1th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.121% movement
Bearish: 0.966% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 30% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 1.069
BOT: 1.037
Taking into consideration the previous weekly high/low, currently for this candle there is :
71% probability we are going to touch previous high 1.059
30% probability we are going to touch previous low 1.044
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 26% BULLISH trend from the moving averages index
Daily timeframe indicates 93% BULLISH trend from the moving averages index
4H timeframe indicates 80% BULLISH trend from the moving averages index
EURUSD Long Play (Weekly Chart) 11-12-22As the year quickly comes to a close, I can see the price draw to the 1.06000 - 1.07400 level before the yearly close. Expect this due to the weaker dollar that we have been experiencing over the last few months. I believe once we get to the 1.08000 level we could start to see a correction in this pair.
EURUSD - Expect bearish price action ✅Hello traders!
‼️ This is my analysis of EURUSD.
As I said in my previous analysis, I expect bearish price action as price is in daily bearish orderblock, but from lower timeframe perspective I will look for this pattern to occur, firstly price to broke the structure and then to make a retracement.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
Like, comment, and subscribe to be in touch with my content!
EURUSD insightThe market has made a beautiful retracement to give us the double top for sellers to take over, we take this short bearish move until we reach the daily OB which is now our support. If price happens to violate the area and break below, then we continue going bearish until 1.02071, but if it respects the area then we go bullish to trigger our third bearish drive along with the daily supply zone, let’s be on the lookout…
EURUSD insightThe market has made a beautiful retracement to give us the double bottom for sellers to take over, we take this short bearish move until we rich the daily OB which is now our support. If price happens to violate the area and break below, then we continue going bearish until 1.02071, but if it respects the area then we go bullish to trigger our third bearish drive along with the daily supply zone, let’s be on the lookout…