Eurusdlong
EURUSD resume uptrend?EURUSD's daily chart showcases a strong bullish momentum, with a notable opportunity for a sustained buy position identified at the highlighted demand level in blue. This level, signaling a concentration of unfilled orders, suggests significant underlying strength. The envisioned long-term target for this buy position aligns strategically with the supply zone at the chart's pinnacle.
Investors eyeing potential opportunities in the currency pair may find the current bullish trend compelling, with the highlighted demand level serving as a promising entry point. The anticipation of continued upward movement is supported by the concentration of unfilled orders at this level, reinforcing the potential for a sustained bullish trajectory with the long-term target aligned to the supply zone at the chart's upper extremity.
💡 EURUSD: Forecast ADP-Nonfarm EURUSD is approaching the support zone on the daily frame around 1.0755, and you can see that the current price trend is bearish and the current structure on the H4 frame is bearish because the previous bottom is clearly broken.
However, the price action is not moving very well, the price forms quite weak and unclear price pushes as well as pullbacks. More importantly, there is no really strong peak to be seen. Strong latch to hold the price. In market moving conditions like this, as long as the most recent small peak in that price decline is broken, the possibility of the market reversing is quite high or at least forming a deep pullback.
EURUSD and GBPUSD Top-down analysis 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.
EURUSD → Initial support emerges at 1.0820FX:EURUSD retreats for the fourth session in a row and puts the key 200-day SMA to the test on Monday.
A drop below the latter should pave the way for a deeper pullback to, initially, the intermediate 100-day SMA at 1.0778 and the 55-day SMA at 1.0681.
So far, while above the significant 200-day SMA, the pair’s outlook should remain constructive.
EURUSD - D1\H4EURUSD
D1 – The price has broken the trend line, which may indicate a potential downward movement, for this it is better to wait for a correction for confirmation and a three-wave structure to consider selling.
H4 – The price may continue to fall, we should also expect a correction when the trend line is broken, the target for the correction is 1.09615. The risks should also not increase for a corrective movement.
What can you expect?
You can consider entry from the level ~1.08759 – 1.08943 with further movement to the target 1.10026. Cancel the idea so as not to take increased risk at the idea levels beyond the end of the 2nd wave - 1.08495 or 1st wave - 1.08279.
Long
Targets 1.09080 – 1.09357 – 1.09615 – 1.10026
EURUSD Top-down analysis 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.
(Weekly backtest and review) EURUSDKey Focus:
(DEC 1)Powell commented that acknowledged the risks of not raising rates enough to sustainably cool inflation versus over-tightening and sending the economy into a downturn are becoming more balanced.
Indicates FED would keep rate unchanged until there is evidence to prove that current interest rate unable to stop inflation rate from hiking.
Money outflows from dollar would flow to other currencies, stock market, cryptocurrency etc.
Resistance:
-1.09710
-1.12758
Support: 1.08340
EURUSD longWe have a long opportunity looking for the target at 1.09260, as long as the price does not break the 1.08800 level.
With the expected news for today and the volatility that they may generate, a break of the 1.08800 level would give us the signal to enter the market with a short position, looking for the 1.08500 target level.
EURUSD possible buy zone!Recently, there was an anticipation of a pullback or correction in the EURUSD currency pair. This correction was expected if the current peak reached the level of 1.10000. However, the US dollar strengthened without a deceptive upward movement, compelling its major rivals to retreat. Despite this, an overshoot is anticipated, likely leading to the subsequent (deeper) downward correction.
Towards the end of this week, on Friday, significant economic data is set to be published. Special focus is on data from the United States, and, of course, the attention-grabbing speech by the head of the Federal Reserve.
EURUSDAs we delve into the intricacies of the EUR/USD market, a compelling bullish narrative emerges, supported by a meticulous examination of the order flow dynamics. The current outlook suggests a favorable environment for bullish sentiments, with an emphasis on a key level that has yet to undergo a retracement.
Analyzing the Daily Time Frame reveals a missed retracement level, signaling a potential catalyst for a bullish resurgence in the EUR/USD pair. Traders and investors can anticipate a bullish momentum emanating from this critical juncture, offering a strategic entry point for those looking to capitalize on the forthcoming market dynamics.
EURUSD will have a slight increase at the end of the weekEURUSD: In yesterday's trading session, EURUSD plummeted to 1.0890. However, this morning's trading showed that there were no encouraging signs for the recovery outlook, and the EURUSD may continue to fall. Proceed to the 1.0850 area. In today's session, I think you can consider buying GOLD around 1.0860.
The Dollar & EURUSD Are Pulling Back |Will It Last? Hi friends, the dollar index (DXY) and EURUSD are pulling back and into areas where we want to look for more trading opportunities. Since tomorrow is Friday, tomorrow's candlestick closure could be very telling about the price direction. This video shares my thoughts on the price movement on the indicie and currency pair.
If you found this helpful please like and share this video.
Disclaimer: This analysis is based on my eyes. Please stick to your own analysis.
💡 EURUSD: Predicted November 28➡️ OANDA:EURUSD did not fluctuate strongly in the past session, the price continued to level off around the resistance level of 1,096. This price behavior shows that the selling pressure here is not strong, the price will likely continue to increase, you continue to hold existing buying positions, move the SL and target around the 1.1000 threshold.
💡 EURUSD: The attempt to break the top was unsuccessful➡️ Retested the 1.1000 resistance zone again in the last session, however buyers were unable to push the price above this level, selling pressure returned and created a railroad pattern on the daily, a bearish signal. However, you can watch to buy at the lower resistance area
Sniper Trading System12 AM indicated the Bullish set up. We know the market resets at 12 am. 1am the BUY engaged. The DXY is heavy Bearish. I heard the DXY will be falling for the next two years. When the DXY falls US Base pairs typically go up. We anticipate EURUSD to buy to the 1st and 2nd Standard Deviation before the drop. Heavy news today in New York session so we want to catch our pips in the London session before the sharks start swimming. Never over leverage. Trust your trade set up. Have a great trading day!
EURUSD BUYHi, According to my analysis of EURUSD pair, there is a good opportunity to buy as the pair exits the pitchfork. We also notice that the price has returned to test the pitchfork tool. And the presence of strong support at the level of 1.05000. All of these factors confirm buying. good luck for everbody