Eurusdprediction
💡 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.
Red Previous Weekly Candle Vs Weak Usd Data🛡️⚔️Hello Traders.. Another new week of trading ahead. No news announcements to kick off the week so expecting some smooth price action. Monday's can move nicely as volatility is typically lower. It's during the end of the week when we observe more aggressive trends and thats when you can really let your winning trades run. Coming out of the Weekly candle closure from last week, we may observe a continuation of bearish momentum towards 4hr zone 1.0873 or the next daily support level 1.08516. We also should consider the weak data that came out for the USD on Friday.. Consumer sentiment and Manufacturing data both missed expectations and the Daily candle for Friday closed Bullish.. In this case we may observe an increase towards extreme level 1.090 flat.
0:0 Monthly Timeframe
1:14 Weekly timeframe
2:30 Daily timeframe
4:10 4Hr timeframe
6:48 1Hr timeframe
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
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FOMC this week, how should you trade EURUSD?After reaching the 1.0970 level, EUR/USD has pulled back strongly and
currently, price is hovering below the 1.09 level.
With the super-important FOMC event on Wednesday, major market players
are on the sidelines here. Technically, the dynamic support on the 4H chart
is holding so far.
We recommend traders to stay away from executing any new trades before
the FOMC event. The key resistance levels are at 1.10 and 1.1140. If price
spikes to any of these key levels during the event, we may consider selling EUR/USD
provident there is bearish price action.
EUR/USD Longs from 1.08600 back up to 1.09400EU is following a pattern similar to GU as anticipated, so the approach will be similar. I'll be seeking buying opportunities near the current price, given the presence of a 6-hour demand zone that prompted a Breakout to the Upside (BOS). If price approaches this zone, I anticipate a Wyckoff accumulation formation before entering buy positions.
However, there's an Asian low beneath the zone, so I need to exercise caution regarding the potential buy. If we witness a successful reaction, I anticipate a price rally to fill the imbalance above, eventually leading to the mitigation of the 17-hour supply zone for potential selling opportunities downward.
Confluences for EU Buys are as follows:
- Price is approaching a decent level demand on the 6hr.
- Imbalances and liquidity above that need to be mitigated.
- Price has already been moving recently bullish the past couple weeks.
- After asian low gets taken I can expect price to slow down and accumulate.
P.S. With the shift in price character to the downside, this could represent a temporary retracement. However, if price persists in breaking structure to the downside, there's a possibility of this demand failing and selling pressure becoming more dominant.
Potential Trade Idea & Weekly Bias DiscussedThis week's outlook is heavily bearish, Markets are overbought, retail is investing in stocks now more than ever, and indices breaking ATH...A perfect time for the big players to profit off human fear, a little crash of 2% in currencies, a little over 4% in gold, and 3% in Indices, makes it perfect for human emotions to engage in and let it take over the psychology of retail investors.
The market's goal is terror and evil, it's always against you no matter what, and it uses all types of weapons in its reach to stop you from profiting, by attacking your weakest point of all, your emotional side...At the same time, rationality can't be effective, as sometimes for logical reasons one must step aside with a loss. Therefore, you must acknowledge the incentives within these markets and manage your risk accordingly.
I like to treat markets as an alive individual with their character and personalities, where have their traits and behaviors, and to predict individual actions you must study their incentives, and here's where I gain an edge...
Studying the market's main incentives goes back to breaking it into pieces, to understand the incentives of what makes the markets move, the main players in this game of organized chaos.
Markets in its current phase are showing weakness, a sign of retracement, a psychological thriller for those who bought the top and are expecting the markets to continue higher. Though the high amounts of volume buying these instruments make it a perfect opportunity for big money to sell off their funds without leaving a trace on the market's charts, moves are so subtle only a select few can recognize their traces.
I expect this Monday to be bullish, and the rest of the week bearish.
Markets will face a sell-off that will shake retail.
Welcome to the greatest show on earth, where when the lion is hungry, he eats.
Euro's Performance Over the Next 30 Days Using the power of mathematics, market dynamics, and this market's character...I've concluded that this will result in a 2% crash
As per basic economics, it's a given that price based on supply and demand dynamics gravitates to the point of equilibrium where both forces of supply and demand are in balance. When it comes to international markets, the price gravitates to that point of equilibrium after each full swing before facilitating a continuation. So our first criterion that this correction is done is crossed out
Based on my own experience, the initial or main move often creates fair value gaps also known as FVG on its path, while corrective moves lack the presence of FVG, as FVG shows that Massive amounts of liquidity have been engaged in that particular candle, which furthermore gives us insight on the institutional directional bias price is moving according to
From a mathematical perspective, the golden ratio of Fibonacci never failed to impress me once...It perfectly gives you the maximum swing expansion either in a corrective or impulsive phase...in addition, this can be observed on other major pairs such as GBPUSD & US30 ...I'll let history speak for itself
The path toward 1.06906 is smooth due to it lacking the existence of FVGs which can make the road turbulent on the way down
Talking based on macro-econ, whilst seeing capital markets hitting ATHs, signs of weakness have been observed, and a correction might be inevitable. Feds are highly likely to be hawkish next week, and potentially going through the whole month
Thank you.
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.
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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 Slightly Lower after Inflation Day 🎛️Hello Traders welcome back to another Top-Down Analysis of EurUsd. Today was CPI Inflation day and the market is about Break Even after the Day's trading. At One point EurUsd had depreciated in favor of the USD by about +.21% but we have since retraced .. possibly from profit taking and normal market movements.
0:0 Monthly Timeframe
1:51 Weekly timeframe
2:35 Daily timeframe
4:17 4Hr timeframe
5:55 1Hr timeframe
We observed an increase during Asian session back towards our weekly level 1.095 that was duly corrected as is expected from an Asian session move. London session corrected the Asian session move back to near the open of the Daily candle where we observed a bounce prior to CPI inflation data news release. CPI whipsawed down dramtically as the numbers were better than expected for the dollar at 3.2% (better than the 3.1% y/y). This opposes the Fed's goal of 2% y/y so it'll be interesting to see if we continue to reject 1.095 Weekly level in the ensuing days after CPI release. Our First target for Shorts would be a retest of the Lows created today at 1.09092 and possibly we touch 1.08722 in coming sessions. The fundamental reason would be market particiaptns flocking into the dollar as a safe haven asset since the Fed is moving in the wrong direction, and away from its 2% y/y goal.
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
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EUR/USD SELL STOP at 1.0910EUR/USD is steadily heading south and has been Friday afternoon.
Currently the price has pushed through the 25 and 50 EMA on H1 and is now hovering just above the 100 EMA.
Its possible that the 100 may support the price so I've set a SELL STOP under the 100 at 1.0910 and if the 100 EMA breaks then this trade will trigger.
With the 200 EMA on H1 below the price, this will be my initial target (1.0886).
STOP is just on the 50 EMA on H1 which is above the last 2 candles high.
The MACD is signalling SHORT with the slow and fast MA's heading towards zero.
RSI is of some concern as we are now bang on the 30 level so I anticipate some sideways movement in order for the RSI to climb and then fall.
The Andean Oscillator is a confirmed SELL with the red signal line having crosssed the green BUY line.
Pivot Point Supertrend has also recently given a SELL signal.
So all the signs are that we are headed lower but we do need to break the 100 EMA in order to see the price move south.
EURUSD M30 / Looking for a short entry after the breakout✅💡Hello Traders!
This is my idea related to EURUSD M30. At the moment we can see a breakout of the EURUSD and I expect a retracement until the FVG to execute a short entry. I expect the price to go at the level of 1.08800 after tomorrow's news on USD.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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