eurusd idea update Dear Traders, hope you enjoyed my free analysis. moving well 75 plus pips enjoy guys, stay happy and safe.
Eurusdoutlook
EURUSD short IdeaDear Traders, check the price action in 1 minute TF for bearish change in market structure. then mark your POI for entry for minimum sl. please don't jump in market blindly. protect your equity first. Comment down your views let's discuss.
If you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
BEST OF LUCK
EURUSD: Unemployment data and impact!The EUR/USD lost points for the second consecutive day on Thursday, dropping below 1.0900 due to the stronger US dollar, which was driven by robust economic data. In the Eurozone, inflation data was mixed, showing a slowdown in Spain and a recovery in Germany, which was not surprising.
Thursday's data revealed a slight increase in Germany's inflation in June, with the annual rate rising from 6.1% to 6.4%. Analysts have pointed out that the increase is believed to be due to energy and transportation cost cuts, without which inflation would have decreased. Looking at the details, the slowdown in inflation still seems to persist. On Friday, Eurozone Consumer Price Index data will be released. European Central Bank officials have made it clear that interest rate hikes will occur in July, as inflation remains high.
EurUsd -> Triangle Pattern SpottedHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that EurUsd just retested and already started to once again reject a major previous weekly resistance area at the $1.10 level.
You can also see however that weekly market structure is still overall bullish, EurUsd is still creating higher highs and higher lows and we do have a strong bullish trendline coming in at the $1.07 level which could act as support, so I am now just waiting for a retest of this support line before I then do expect another rejection towards the upside.
On the daily timeframe you can see that EurUsd is now actually creating an obvious symmetrical triangle continuation pattern and is currently rejecting the resistance trendline towards the downside so from the current levels I first do expect more downside and then I do expect a rejection away from the support trendline at the $1.075 level.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
3rd entry on eurusd sell. risky entry ear Traders, . please don't jump in market blindly. protect your equity first. Comment down your views let's discuss.
If you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
1st trade running 95 + pips
2nd 75 pips
and now I have 3rd trad
EURUSD SHORT ENTRYHey folks! if u missed out on the first entry supply zone after price made a change of character on 15 mins to align back to the H4 CHoCH, not to worry as theres a second supply zone to take a short from now. Our short term target for EURUSD is 1.0844 and our stop loss should be around 1.0925. Remember to always apply proper risk and money management on all trades. Love to see your comments
EURUSD: Market continues to move in a downtrendEUR/USD declined on Wednesday, quickly reaching below 1.0900 and then rebounding in the US session, cutting losses. The Euro is still supported by expectations of interest rate hikes by the European Central Bank (ECB), reaffirmed by Lagarde's comments. At the same time, bets on interest rate hikes increased in July from the Federal Reserve (Fed), supporting the US Dollar.
Inflation data from the Eurozone has started to be released. Italy's harmonized consumer price index slowed down from 8% to 6.7% in June.
On Thursday, Spain and Germany will report inflation, and on Friday, the Eurozone's Consumer Price Index (CPI) will be due. The headline EZ is expected to decrease from 6.1% to 5.6%. Another report released on Wednesday showed a decline in the GfK Consumer Confidence survey, with a drop from -24.4 to -25.4. This is the first decline since October.
EURUSD: ECB President Lagarde Speaks!The EUR/USD pair is taking a break around 1.0960 after posting its biggest daily gain in a week during a two-day rally. This suggests that the Euro has been boosted by hawkish comments from European Central Bank (ECB) officials the previous day, while paying little attention to optimistic US data. However, cautious sentiment ahead of key speeches from top central bank figures including ECB President Christine Lagarde and Federal Reserve Chair Jerome Powell at the ECB Forum in Sintra has further fueled the currency pair's price increase.
EURUSD 29June2023the analysis corresponds to the area where the reversal is expected. the price is right towards the fibo retrace 0.236 and also the QM area.
with the price movement until now still in accordance with the analysis, there is a high probability of EURUSD bearish until the support area below. there is an opportunity of +190pips to gain profit.
EURUSD: Good signals in the time of economic instability!The EUR/USD pair starts the week on a positive note, moving away from a one-week high below mid-1.0800s. Spot prices trade around 1.0900 during the Asian session. The US Dollar struggles to capitalize on its recovery gains and faces some supply on Monday. Business activity in the US fell to a three-month low in June, according to S&P Global. Services growth eased for the first time this year, and the manufacturing sector contracted further. This, along with a slight decrease in US Treasury bond yields and a positive tone in US equity futures, weakens the safe-haven Greenback.
EURUSDThis Is An Update On The EURUSD Setup I Shared With You Guys Yesterday, We Broke Structure to The Upside On The Dollar Index But That Isn't So Clear On The EURUSD And We Also Had SMT Divergence Inside The Fair Value Gap With EURUSD Taking The High Of The Fair Value Gap And The Dollar Index Failing To Take The Low Of It's Fair Value Gap, I'm Not 100% Convinced We May See Shorts Now But This Is Just My View Currently On The EURUSD And Price May Disregard It And Continue Higher.
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: ECB President Lagarde Speaks!The EUR/USD experienced a slight increase on a calm Monday in the financial markets. This week, important inflation data will be released, and central bankers will be making speeches. The US dollar weakened moderately on Monday due to a decrease in US yields and a rise in commodity prices.
On Monday, data was released showing a decline in the German Ifo, following pessimism triggered by PMI data on Friday. The headline index for June dropped from 91.5 to 88.5, which was below the market's expectation of 90.7. Additionally, the Expectation Index fell from 88.3 to 83.6, and the Current Assessment decreased from 94.8 to 93.7.
The European Central Bank's forum on central banking in Sintra has begun, with numerous central bank officials from around the world attending. ECB President Lagarde and other policymakers will be speaking multiple times, starting on Tuesday. If the ECB wants to communicate a message to the market this week, it has an opportunity to do so. It is most likely that they will stick to the current "data-dependent" approach and signal another rate hike in July.
Fed Chair Powell will also be speaking at the Sintra forum on Wednesday, but it is unlikely that there will be any surprises
EURUSD Bear ConfirmedHello Traders,
On the Daily timeframe, EURUSD has confirmed a shift in market structure. ( BMS )
The entry for a long-term sell should be at the Fair Value Gap.
Good luck. Trade responsibility.
eurusdAlternatively, I Can't Help But Feel Like This Is What We May See Pan Out, Especially Since We're Gonna Be Going Into A New Month Next Week, We Can See Price Trading Higher To Take Buyside Liquidity Above The Strong High Then See Shorts As Distribution For The Month Of July But We'll See.
EURUSDObviously, For What We Expect On The Dollar Index We Expect The Opposite On Foreign Pairs, So This Is Then The Expectation On The EURUSD, Shorts To Take That Daily Sellside Liquidity.
EURUSD - Bullish price action ✅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 longs. I expect bullish price action from here as we can see that price almost filled the imbalance and rejected from bullish order block.
Fundamental analysis: Upcoming week on Thursday we have news on USD, will be released quarterly GDP. Pay attention to the results in order to validate the analysis.
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EUR DOLLAR POTENTIAL SHORT*We have a change in market trend (H4)
*Retracement to breakerblock
*Retracment to orderblock
*Below purelevel
EURUSD Trade Setup H4The price of EURUSD has closed at 1.0891. According to my limited knowledge, the first resistance area for EURUSD is likely to be at 1.0908. If this area is broken, then the next second resistance will be at 1.0953, and if that area is also broken, then the third resistance area will be at 1.1002. As for support, the first support level is at 1.0854, and the second support level is at 1.0808. You should keep an eye on the market and open trades wherever the market rejects. If you sell from the first resistance area, your take profit should be at the first support area, and you should set a stop loss of 35 pips. I hope your trades turn out to be profitable.
Disclaimer: The information provided is for educational purposes only and should not be considered as financial advice. Trading involves risks, and decisions should be made based on personal judgment and analysis.
EURUSD 23June2023price looks to break the trendline with a fairly dominant bearish candle. there are two areas to be a pullback reference before price continues the bearish trend.
when I provide fibo retracement, the SnD area intersects with fibo 0.618 & 0.236, is this a coincidence?
EURUSD - FINAL BUY TARGETEURUSD has breakout it's bullish flag pattern and could reach it's final target on 1.10919.
But before that, we can potentially see EURUSD retest on the latest resistance level before continuing it's bullish trend.
What do you think?
EURUSD: Economic influence!According to The Guardian on June 8, gross domestic product (GDP) across the eurozone fell 0.1% in the first quarter of this year, worse than the previous forecast that the eurozone economy just stalled.
Specifically, Eurozone GDP shrank by 0.1% in the fourth quarter of 2022, meaning that the eurozone economy shrank for two consecutive quarters. The definition of a recession is an economic contraction for two consecutive quarters.
The GDP of the Eurozone fell due to being dragged down by Ireland. Ireland's GDP fell 4.6% in the first quarter of this year, although economists have questioned whether that really reflects the performance of the Irish economy.
The Lithuanian economy shrank 2.1%, while the Dutch economy shrank 0.7%. Germany, Europe's largest economy, shrank 0.3% and also fell into recession.
The European economy has been hit by economic disruptions amid the conflict in Ukraine, which has sent energy and food prices soaring.
This situation has led to a series of rate hikes, as the European Central Bank (ECB) seeks to combat higher inflation.
Diego Iscaro, Head of European Economics at S&P Global Market Intelligence, forecasts that as the impact of higher interest rates has yet to be fully felt, economic activity in the eurozone will be sluggish throughout. remainder of 2023.
