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Eurusdsetup

EURUSD - Potential ideaFX_IDC:EURUSD Current trend The EUR/USD pair is moving in a corrective trend around 1.0212. Since the beginning of the week, the European currency has been trading with low volatility, but the situation may change today after the publication of data on consumer prices in two large EU economies – Germany and Italy. According to analysts, German inflation may increase by 0.9% MoM and slow down to 7.5% YoY from 7.6% earlier. In the Italian economy, a similar situation is observed: the rate is expected at 0.4% MoM and 7.9% YoY instead of 8.0% in June. These forecasts are in line with the opinion of experts, as the European Central Bank (ECB) adjusted the parameters of monetary policy, initiating an increase in interest rates, which could lead to short-term pressure on inflation. Experts assess the situation in the US differently. CPI will be released today, and analysts expect inflation to fall sharply to 8.7% from 9.1%. The only factor in its favor is an 8–10% MoM petrol price cut. At the same time, labor productivity remains in the negative zone, amounting to –4.6% in the second quarter, which confirms the difficult situation in the national economy. Support and resistance The trading instrument is kept within the global downward channel, having slowed down its advance towards the resistance line. Technical indicators maintain a poor sell signal: fast EMAs on the Alligator indicator confidently approach the signal line, and the AO oscillator histogram forms upward bars. Resistance levels: 1.0262, 1.0489. Support levels: 1.0163, 0.9955. Trading tips Long positions may be opened after the price rises and consolidates above 1.0262, with the target around ​​1.0489. Stop loss – 1.0200. Implementation period: 7 days or more. Short positions may be opened after a reversal, reduction, and consolidation of the price below 1.0163 with the target at 0.9955. Stop loss – 1.0200.
by Solidity_best_options
EURUSD DOES NOT WANT PARITY! Today Monday August 8, 2022 EURUSD only gave us 63.9 pip$ of it's normal 88 PIP ADR. Thus setting up for another run on BSL (Buy Side Liquidity aka Sell Stops aka #MONEY) Price has another 25 Pip$ after it reaches the 63.9 Pip Macro PP that it established 11:20AM EST today. Setting up a LONG during the Morning Zone all the way into a Brand new ADR profile Range of 101 PIP$. The Fundamentals all point to a Bullish comeback because EURO is trying NOT to hit parity again this week. Add that the DXy has broken south to rebalance the imbalances left from the previous week. There is no heavy news until noon tomorrow on the Dollar and it's only an orange folder so we may get a dip in the DXY to support this analysis. Remember that the High and low is usually set on Tuesday and Wednesday of the week. Another confluence that price is reaching for BSL. If your trade doesn't have a complete narrrative you don't have a trade you have a BET. We don't Bet we leverage past price action in confluence with the DXY and the weekly and daily bias to determine when and where to enter High probability trades with very Low Risk. Never over leverage. This will always allow you grace to re access your trade, save your mindset, and your trading account. Always trust your set up. Once your narrative is set give price a chance to develop into it. Have fun! I Am Pro Trading Made Simple. We are #SniperGang
Long
by Master-Jedi-Trader
Nothing but PIP$ and Opportunity on EURUSD!The MZ gave us roughly 43 Pip$. EURUSD has been Maxing out the full 101 PIP ADR Range thus we expect nothing less than that from this pair today. It has already Kissed our 1st TZ in the MZ. EURUSD is poised to Hit all of our TZ's today. In confluence with the DXY still going south to finish a retracement to a Macro PP Level. After the DXY finishes that retracement I expect the DXY to go further south. Thus all Long Set ups look very High Probability today as of Tuesday August 2, 2022 at 1:45 am EST. As of 1:59am ESt price is Liquidating Longs and shorts preparing for the Real move North. At 2am look for a drop into the extremes than the Move North afterwards. The DXy has broke North! Proceed accordingly. Never Over Leverage. Trust your trade set up. Have Fun! I Am Pro Trading Made Simple. WE ARE #SniperGang
by Master-Jedi-Trader
CAUGHT UP IN THE RAPTURE OF PIPS!The market as a strict schedule it adheres to after a certain our. These Moves happen Daily. figure this route out and you've found your Broken Slot Machine. My team and I Slaughtered the Dip at 2AM. MET TRADE I KNOW the schedule so I popped this trade and went to sleep. Woke up in the Rapture of PIPS. Now we wait for another set up:) Never Over Leverage. Trust your trade set up. Always allow the trade set up to manifest. Proper leverage allows you to do this with no stress. Have Fun!
by Master-Jedi-Trader
EURUSD 4HR TIMEFRAMEEURUSD on the 4HR TIMEFRAME it might be a good opportunity for a first buy after breaking the resistance and the high of the previous candle 1.0440 and the trendline . And for a more accurate trade it might be forming a double bottom breaking the neckline which is a strong resistance we might have a good opportunity to buy 1.0495 and always make sure to secure profits and leave runners for full tp and SL at entry . And for an opposite trade we have breaking the low 1.0340 we might have a sell opportunity its gonna be breaking a historical level and a strong support .
by migsta9
EURUSD Bear timeToday, i would like to share my analysis about EURUSD. As we see the chart is still on Bearish Trend but it looks like making a bounce. On 4 hour tf, i see there's an IMPULSIVE 5 WAVE, but we could see a price rising with volume going down. This also supported by the divergence from MACD and Stochastic which makes me assume that it'll go down soon. In a lower timeframe 1h, we could see a DOUBLE TOP there too. So i would like to see a correction wave until "Blue Area" there. Disclaimer ON Wish Us Luck
Short
by rudyjo