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Eurusdforecast

EURUSD - Be careful for this week! ☼EURUSD - Be careful for this week! Hey no week ahead video this week. However, pay special attention this week we have ECB now imo it's the fact if they Hike, if they do you'll see bullish short term momentum towards upside. However, the amount doesn't matter because even if they do hike, most of EU countries are suffering when it comes to data front and of course inflationary factors which is global struggle but to mix it up a little the cherry on the top for the EU is Nord stream, its suppose to be turned back on this week and now if it doesn't and we get no rate hike expect the euro to weaken further, re-test areas of 2002-2000 areas go towards LT for that. Now that's this week review on what could happen to EUR and lastly PMIs. However, I'm not done yet - we have FOMC when that day comes CPI high the consumer sentiment high, the data front is bullish as well as retail sales it isn't bad data allowing FEDs having further room they could hike rates further, and of course we all know 75 basis point yes euro declines etc precious metals struggle you get the picture right but there was a moment of the market pricing in 100! Personally, I think yeah sure they could I think it's a little overboard but would be interesting as we have BOC do a nice surprise of that and that was brilliant price action. Now, I get it if they hike do not forget to look at EM currencies etc. There so many pairs including pairs like EURMXN, EURCAD & many others that have great opportunities. I personally won't be around to trade this week but I will be keeping an eye on the market. ☼ Have a great week ahead and trade safe! ☼ TJ
by Trade_Journal
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - Currently the MARKET SENTIMENT for EUR is on the DOWN SIDE. The main reason for that is that all MARKETS including STOCKS and STOCKS are DOWN due to MARKET RISK OFF. It affects the Euro in a big way. Because today is Monday, there is a DOLLAR WEAKNESS with a somewhat RISK ON nature. - Definitely, EURUSD can fall to the SUPPORT LEVEL below. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. Accordingly, EURUSD can go down to 0.9858 LEVEL. And after that EURUSD can be BUY to the 1.0661 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
by benny_marshall
1
EURUSD Has ENGAGED Drop SequenceIn this set up EUR is heavy Bearish. The DXY is Breaking NORTH! This sequence is the fake out. The algorithm is reaching for sell side Liquidity before turning around and going Bullish rest of day unless we get a HUGE DROP off which will result in even a BIGGER trend. Double ADR even! Let's see how Price follows the script. The KEY is to NEVER over leverage. This does two important things: 1. You protect your account 2. You trade more calmly and more focused when you are NOT over leveraged. This will cause you to pull too soon and miss out on the move when it does happen and it will. Often times we are never wrong in our analysis; just EARLY. Always trust your trade set up because you are usually right. Don't let a PB throw you off your Snipe. Zone in on the Macro Move. This is where it all begins. Last but not least HAVE FUN! This is the only space where you get to make Money all day everyday so why not enjoy it! See you all on the other side of this trade. I AM PRO TRADING MADE SIMPLE
Short
by Master-Jedi-Trader
EURUSD Short/Sell Idea at recent resistanceEURUSD Short/Sell Idea at recent resistance. EUR is still bearish and will test 1.000 parity level again. Entry: 1.0100 sell zone. Previously came to this level and faced rejection as well as being a previous support area. Stop Loss: 1.01278 Above Previous highs. If we do get stopped out, Id look for the next selling zone. Take profit: 1.00158 At previous support levels. Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.
Short
by dinomalik
1
EURUSD may fall from its strong resistanceHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:EURUSD We can see market is strugling near its previous resistance and break its upside trendline in h1. So we are expecting more fall near resistance. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Short
by Theranasaramd
1
EURUSD | Chapter 4 | Ursula 's last standThis is a follow up of my recent EURUSD analysis (Linked in related ideas). I took another look and adjusted the S/R level and consider it broken. However i still dont feel like taking shorts as we are approaching some major support levels aswell areas of interest. For one its the psychological level - i could imagine it will be highly defended. Once broken price should drop accelerated - similiar to Oil in 2020. If price shouldnt show any reaction to this level i doubt that Support area 1 will hold price up for long. My best bets for longs are currently at support area 2 and the ATL below it. What i prefer to see would be price pushing fast under the ATL but a daily or monthly close above it. Takeaway: - Aslong price didnt retake S/R level broken or taking out the ATL i dont really plan to go long - Because of all the support areas below i dont plan to short at this time. However i will look for shorts once Support area 1 is broken on a timeframe like 4h or daily. Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;)
by a_tale_of_bulls_and_bears
2