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.
Eurusdsignal
DeGRAM | EURUSD major support levelEURUSD is testing major support, where price rebounded down then upside.
Price is near the confluence level: global dynamic support and fibo 61.8%.
The market is bullish on the daily; therefore, we anticipate a bullish move from the confluence level.
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DeGRAM | EURUSD double bottom at the support levelEURUSD is approaching major support at 1.08000.
Price created a double-bottom indication that bears are running out of steam .
Notice price action making a consolidation zone, which indicates market deceleration on the 4 hourly chart.
We anticipate a bullish move from the support.
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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.
DeGRAM | EURUSD divergence at the supportEURUSD is oversold territory and major support level on the higher timeframe.
Price created a massive divegence on the 4H chart and this indicates that price might make sharp bullish move.
We anticipate a false break of the support level as entry signal.
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EURUSD - DAILY - UPSIDE COMING AGAINEurusd - Daily - After last weeks lower then expected CPI figures, dollar surging last week caught many traders off guard. In my opinion, I think last week dollars strength was merely a giant trap to confuse traders before the next leg up for eurusd. I'm still seeing daily demand zones holding and making new highs so expecting further upside on this pair.
DeGRAM | EURUSD structure-based tradeEURUSD bounced off the major support level.
Price tested the level where price made a rejection and gained bullish momentum.
The market is likely to retest the resistance level.
We anticipate a bullish move from the support.
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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.
DeGRAM | EURUSD fibo cluster for shortEURUSD is making lower lows and lower closes. Price is approaching the confluence level to short the market.
Price action broke the consolidation zone, and it's pulling back to it. Consolidation zones usually act as both support and resistance.
We anticipate price rejection at resistance and the fibo cluster.
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DeGRAM | EURUSD bullish opportunityEURUSD is pulling back to the support level. The trend is still bullish on the higher timeframe.
Price created a double bottom at the support level, indicating price rejection.
The market is basically in an accumulation phase before the new highs.
We anticipate a bullish move from the support.
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DeGRAM | EURUSD breakout pullback and short tradeEURUSD broke and closed below the psychological level 1.1000. It's an indication that the bull has run out of steam.
The market broke the consolidation zone on the left, and it will act as a future resistance level.
We anticipate a bearish move if the price rejects the kill zone.
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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 SHORTDear friends and companions:
In the 4-hour time frame,The bottom of the ascending channel has been broken and after the pullback to the bottom of the channel, it will continue the specified downward trend. The divergence between the RSI and the price chart is evident.If you like my analysis, please like and follow me.
DeGRAM | EURUSD confluence zone for longEURUSD created a double bottom at dynamic support level, indicating price rejection.
The market tested a confluence zone where support and Fibonacci extension levels met.
We anticipate bullish moves and retest the resistance, potentially at the 1.1000 level.
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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.
DeGRAM | EURUSD in consolidation EURUSD is testing the confluence level.
The market, as you see, is consolidating and bouncing between support and resistance.
It is near the confluence level: dynamic support and fibo level.
We expect a retest of support and trend continuation.
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DeGRAM | EURUSD upward movementEURUSD is making higher highs and higher closes.
The market is bullish on the 4-hour timeframe, and most likely the price will make a new high.
Price broke and closed above the channel, which was a pullback against the major uptrend.
We anticipate the trend-continuation trade.
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EUR/USD Maintains Auction Area above 1.1000 Amidst Risk-On MoodThe #EURUSD pair is currently trading in a sideways trend above the critical support level of 1.1000. The US Dollar Index (DXY) is also looking vulnerable above 101.20, indicating a possible uptrend for #EURUSD.
Last week, the European Central Bank (ECB) announced an interest rate hike of 25 basis points (bps), and the ECB President, Christine Lagarde, kept the doors open for more interest rate hikes. This announcement has a comparatively more hawkish bias than the Federal Reserve (Fed).
The US Consumer Price Index (CPI) data, which is expected to release on Wednesday, is the focus for investors after the United States Nonfarm Payrolls (NFP) report. Annual headline CPI is expected to soften to 4.4%, while the core CPI is seen accelerating to 5.8%.
The #EURUSD pair has formed a Double Top chart pattern, which will get triggered only after slipping below the immediate support of May 02 low at 1.0942. However, the pair is showing signs of an upside momentum as the Relative Strength Index (RSI) (14) has shifted into the 40.00-60.00 range.
TRADE IDEA DETAILS
CURRENCY PAIR: #EURUSD
CURRENT TREND: Sideways
TRADE SIGNAL: ↗️Buy
👉ENTRY PRICE: 1.1035
✅TAKE PROFIT: 1.1185
❌STOP LOSS: 1.0942
#EURUSD #USCPI #ECB #InterestRateHike #DoubleTopChart #Inflation
DeGRAM | EURUSD rejecting the resistance EURUSD rejected the resistance level and made a sharp move down.
Price action is most likely to continue consolidating or go down to complete the AB=CD pattern.
We anticipate a bearish move since price action made the same move on the left.
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DeGRAM | EURUSD structure-based tradeEURUSD is trading in an ascending channel.
The market is printing an engulfing candle, meaning bulls have pushed back.
We have basically a consolidating market, and it made a false break of the resistance level.
We expect a bearish move.
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DeGRAM | EURUSD trend continuation opportunityEURUSD did not go lower; instead, it rebounded from the support level by breaking previous highs.
The market is bullish on the 4-hour timeframe, and most likely the price will make a new high.
Price broke and closed above the psychological level at 1.1000.
We anticipate the trend's continuation.
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DeGRAM | EURUSD possible short tradeEURUSD gained bearish momentum.
The market is pulling back from resistance following the triple test.
Price action is struggling to make a new high, and it might go down for more accumulation.
We consider selling if the market breaks and closes below the consolidation zone and support level.
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DeGRAM | EURUSD channel breaking EURUSD retracing to the support level and dynamic support.
The descending channel is just a pullback in the bullish trend.
Notice the bullish momentum and the weak bearish move compared to the previous ones.
We anticipate the breakout of the descending channel and go up.
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