EURUSD - The FOMC meeting will weigh on the euroIn our last update on the EURUSD, we noted that the prospect of a rate hike by the European Central bank would temporarily push the euro higher. In addition to that, we stated that this period would likely last until the next FOMC meeting between 1st and 2nd November 2022. With the FED expected to raise interest rates by 75 basis points, we believe it will negatively affect the euro and reinforce the dollar's dominance against all other currencies. Therefore, we remain bearish on the EURUSD for the short-term.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Eurusdforecast
EURUSD SHORT Play ( Trade Idea )Price is starting the week looking bearish (for Monday). We have a considerable liquidity void that must be filled between 0.99350 - 0.98700. We could see a price increase into Asia's low and retrace to the downside. I will be looking for entries between 0.99400 - 0.99550.
EURUSD Weekly Volatility Forecast 31/10 - 04/11 2022 EURUSD Weekly Volatility Forecast 31/10 - 04/11 2022
Currently the volatility for this week is around 1.8% , up from expected 1.32% last week.
According to ATR calculation, currently the volatility is located around 85th percentile.
Under this circumstances the expected movement of the candle is :
BEAR : 0.966% from the opening point of the weekly candle
BULL : 1.092% from the opening point of the weekly candle
At the same time, currently there is 29.6% that the movement within this weekly candle is going to
break and close either above or below the next channel:
TOP: 1.008
BOT: 0.981
Lastly, taking into account the previous weekly high and low there is a :
70% chance that we are going to touch the previous week high
30% chance that we are going to touch the previous week low
📈✌EURUSD 1H long position✌📉FX:EURUSD
FOREXCOM:EURUSD
💥If the price trend does not break the bottom of the yellow zone, a long position can have a good chance of winning.
Just don't forget to risk-free your position when it reached the TP1 - TP2
TP1-2-3-4-5-6 are on the chart
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
EURUSD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on EURUSD .
Here we are bullish from daily perspective after the change of character, so I am looking for longs. I expect price to make a retracement and then to reject from bullish orderblock + institutional big figure 0.98000.
Upcoming week we have a lot of news events on USD, that's why we should pay attention of the results and execute trades only with confirmation.
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EURUSD | Still in Uptrend. Good buy Opportunity! When it comes to the technical analysis of EURUSD , current market structure clearly shows the signs of uptrend. On the chart I have marked previous resistances and used them to draw a trend line. Now that line is acting as a support. We have already seen strong rejections from that area and the price likely to break R1 trend line. If it does, we are going to see a good impulse to the upside and it reaches my first target T1. There is a good chance we might see a strong rejection from T1 area. If it does better you close the long position and book the profit. Just in case the price manages to break T1, you may keep the long position till T1.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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.
EURUSD: Breakout of the DESCENDING CHANNEL Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Higher timeframe:
Lower timeframe:
The DXY looks like broke the structure to the downside, and potentially it could retest the level for an upcoming downward movement.
Translated, there are nice possibilities to see a rising of price in most of the USD pairs, but lets have a look about EURUSD.
It reached an interesting area, and it has been moving inside a descending channel since months ago, bouncing on the bottom and breaking the structure to the upside.
We previously forecasted bullish move in GBPUSD, and currently, considering the the performance of this market, we are quite confident to see further bullish price action.
When, where and why would we step into the market?
A reversal impulse, correction and breakout of structure, enough confluences to enter long if the market will perform LTF bullish price action.
In case of reversal, back to the channel, it will temporary invalidate the setup and we will be waiting for the next market movement.
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
EURUSD Long Play 26-10-22After a heavy few bullish days, I think we may see a retrace ( to the area marked on the chart ). However, for this afternoon's US session the rally may continue. The daily chart is still very bullish, the dollar is still bearish. We made need a healthy retrace to balance the price for further upside. My overall target for the next few weeks is 1.0250.