Eurusdlong
EURUSD - Trading with trend (Short-term)Risk/Reward profile seems better going long, however, expecting pull back. This is a short-term trade using 1hr charts.
Short entry set up potential, but waiting for confirmation of a pull back AND a trade set up that favors a 3:1 reward/risk profile.
Trade is contrarian to current sentiment (73% Short).
TREND ANALYSIS:
1W - Uptrend
1D - Uptrend, but potential pull back
1Hr - Uptrend, with recent pull back creating entry with 3:1 R/R
1D
1W
EURUSD
💡 EURUSD: Forecast March 19After a brief recovery to the neckline of the double top model, selling pressure became stronger again, creating new bearish signals. These new signals are strengthening the possibility of EURUSD falling, you continue to hold existing short positions, the short-term target is around the support threshold of 1.08.
EURUSD: Trend is still bullish on daily chartHi Traders!
From a technical point of view, the trend is bullish on the daily chart and channel breakout should confirm another bullish leg in the short term, so the next session will be very important, let's see.
Last week we followed the EURUSD pair on intraday chart, are you interested? Click on chart below:
Trade with care
Like | Share | Comment
Eurusd long EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
Euro Futures SupportAccording to the latest sentiment analysis data open source, the bullish sentiment on the Euro remains strong. The data shows that the number of short traders are more than long traders which mostly leads for furher upmove.
Option Trades Sentiment
Option trades sentiment is another important factor to consider when making trading decisions for us. Based on the latest option trade analysis data from CME exchange, option trades data on the Euro is also bullish. The baseline is that naked puts can be easily convert in to syntetic long positions.
Options traders commonly use this technique due to the leverage effect in options trading. Buying activity at this level can have a significant impact.
However, the presence of strong support does not guarantee that quotes will head towards this level. Growth may continue without a break.
EURUSD LONG SELLEUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles
confirm chart sell
Euro stabilizes, ECB starts talking rate cutsThe euro is steady on Friday, after sustaining sharp losses a day earlier due to the US inflation report. In the North American session, EUR/USD is trading at 1.0893, up 0.09%.
The European Central Bank maintained the deposit rate at 4.0% for a fourth straight time at last week’s meeting. It looks like rates have peaked but the ECB has been reluctant to signal that it is contemplating cutting rates, although the markets have priced in a first rate cut in the summer.
The ECB remains concerned about lowering rates too early and then having to zigzag on policy and raise rates if inflation starts to rise. The battle to bring eurozone inflation down to the 2% target is going well but remains unfinished, with headline inflation at 2.6% and core inflation at 3.1%.
For months, ECB policy makers have been stating that there is no rush to lower rates and warned that inflation remains a key concern. However, the winds appear to be shifting, as two ECB Governing Council members openly called for rate cuts this week.
Yammos Stournaras, head of Greece’s central bank, said that “we need to start cutting rates soon” and urged two cuts before the summer break and four during the year. Stournaras added that his stance was in line with market expectations. Olli Rehn, Governor of the Bank of Finland, said earlier on Friday that if inflation continued to drop sustainably towards the 2% target, then the ECB could slowly lower loosen policy “close to the summer”.
These comments from two senior ECB officials are a marked departure from the message the ECB has been sending and we can expect other senior officials to reiterate this dovish stance. This will likely put pressure on the euro, as lower interest rates will make the euro less attractive to investors.
EUR/USD is putting pressure on resistance on 1.0907. Above, there is resistance at 1.0932
1.0858 and 1.0833 are providing support
EURUSD I Intraday long opportunity from support zone Welcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURUSD: The USD remained stable as the market waited for US dataThe USD remained strong because the marketplace waited for US records
In forex markets these days, americaA greenback confirmed little volatility as buyers awaited the discharge of extra financial records from america to gauge the capacity route of Federal Reserve coverage state.
After the discharge of a higher-than-anticipated US patron fee index (CPI) on Tuesday, there have been clean worries approximately chronic inflation, inflicting investors to rethink whether or not the Fed will begin slicing hobby fees. potential in June as formerly expected or not.
The opportunity of an hobby price reduce in June is now taken into consideration a 65% chance, down barely from the 71% possibility in advance this week, in keeping with LSEG`s hobby price possibility application. Expectations for an hobby price reduce in July continue to be excessive at round 83%. The Fed is anticipated to hold hobby fees at its assembly subsequent week, however the awareness may be at the critical bank's up to date financial forecasts.
Kyle Rodda, a senior monetary markets analyst at Capital.com, cited that at the same time as latest records has barely modified hobby price expectations, the consensus has been for 3 price cuts for the year. now. He delivered that a greater hawkish stance from the Fed ought to lessen this expectation to 2 price cuts and push the primary reduce to September, strengthening americaA greenback.
The greenback index, a degree of the greenback's electricity towards a basket of six currencies, changed into distinctly unchanged at 102.77. Investors are carefully looking US retail income records, the manufacturer fee index (PPI) and the unemployment claims document due out later these days for in addition symptoms and symptoms of weakness. financial recession.
In Europe, the euro changed into consistent towards the greenback at $1.0949, with marketplace members awaiting remarks from European Central Bank officials.
EURUSD: Potential ABC Pattern in short TermFrom a technical point of view, the pair could trigger a technical bounce following a potential ABC Pattern as shown on the chart. Having said that, at the moment the trend is bearish, but as long as the Price Actio remains above the previous low a bullish corrective structure should appear in the short term. Target around 1.10 area.
Trade with care
Like | Share | Comment
EURUSD - Long opportunity ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.09000.
Fundamental news: Upcoming week on Tuesday we will see results of monthly and yearly CPI on USA. News with high impact on USD
Like, comment and subscribe to be in touch with my content!