eurusd Dreamers (Music from the FIFA World Cup Qatar 2022 Official Soundtrack)
Gather 'round now, look at me
Respect and love, the only way
If you wanna come, come with me
The door is open every day
This one plus two, rendezvous, all invited
This what we do, how we do
Look who we are, we are the dreamers
We make it happen 'cause we believe it
Look who we are, we are the dreamers
We make it happen 'cause we can see it
Here's to the ones that keep the passion
Respect, oh, yeah
Here's to the ones that can imagine
Respect, oh, yeah
Look who we are, we are the dreamers
We make it happen 'cause we believe it
Look who we are, we are the dreamers
We make it happen 'cause we can see it
Here's to the ones that keep the passion
Respect, oh, yeah
Here's to the ones that can imagine
Respect, oh, yeah
Eurusdidea
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.
DeGRAM | EURUSD equal high, higher lowEURUSD is trading above the trendline and psychological level of 1.0500.
The market is printing equal highs and higher lows. Price is coiling up, preparing for a breakout.
We expect a short term price pullback followed by a bullish move to the resistance level.
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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.
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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…
DeGRAM | EURUSD new stucture highEURUSD broke out the triangle pattern.
Price action closed above the resistance, which became support.
Price made a pullback following an uptrend move, and it's likely to form another bullish equal measured move.
We expect price expansion after the pullback.
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DeGRAM | EURUSD short opportunityEURUSD is coiling up between support and resistance by creating a triangle pattern.
The market is testing dynamic support and is likely to break the level.
The market made same price action before.
Strong bullish move > triangle pattern > breakout.
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EURUSD top-down analysis, UPDATED!Hello 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 above the parity thresholdStill within the falling wedge formed since 2008, the price bounced off the support, 500 pips below the parity 1/1.
Currently on the 1.05 zone, as long as this parity zone is not broken, we can expect a bullish continuation. Several areas are to be monitored, including points 0.5 and 0.61 of the fibonacci. Another element will be to be taken into account on this zone of 1.09 - 1.14, will the bearish trendline act as resistance once again ?
Otherwise, if the price sinks below the parity threshold, we could expect lows since the 2000s on the 0.85
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.
DeGRAM | EURUSD pause and fallEURUSD bounced off the resistance level and went down as we predicted yesterday's session.
The price action closed below the psychological level of 1.0500.
The market is printing an equal-measured move, where D point is right at support level.
We still anticipate retesting the support level .
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EurUsd- Top in place and final of correction?Since the low from September at 0.95, EurUsd had a pretty good run, with the pair gaining 1k pips which translates into 10%.
However, as I draw attention in my past posts, this is a correction to the overall trend with both technicals and macro fundamentals still intact and not sustaining a strong Eur in the near future.
The recent top was very near a very strong and important resistance that lies between 1.07 and 1.08 and although we didn't touch that zone, the pair could have topped.
At the time of writing EurUsd is trading exactly on support and a break here would confirm a false up break of the triangle and call for further losses.
Considering the 1.06 top, traders should look to sell rallies in search of good R: R considering 1.0250 as the target.
DeGRAM | EURUSD head and shouldersEURUSD bounced off the resistance level .
The price action tested the trendline and closed below it, creating a double top.
It failed to make a higher high, resulting in a potential Head&Shoulders pattern.
We anticipate restest the support level.
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EURUSD - Retracement expected Hello traders!
‼️ This is my analysis on EURUSD .
Based on daily perspective we can see that we are bullish, but for now I expected a retracement as price rejected from bearish orderblock + institutional big figure 1.06000.
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