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Eurusdtechnicalanalysis

EURUSD: Hit first tp level, consider buying again on retracement Hello everyone, on March 2nd, when EURUSD was around 1.058, I provided a long strategy and a take-profit level. The first take-profit level has been reached now, and partial profits can be taken here, while the rest can be left to wait for the second take-profit level. Alternatively, all profits can be taken and wait for a retracement near the support level around 1.062 to go long again, with a target around 1.068. Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a message in the comment section, and I will help you develop the most reliable solution with a serious and responsible attitude. I wish you a pleasant day!
by triumphing
4
EUR/USD: Sell on Highs Yesterday, X made it clear that the impact of news is only short-term, and once the energy is depleted, it will return to its original pace. So far, this view is correct. The current market trajectory has begun to gradually recover, which will also help predict future trends. Since the market has gradually started to recover and entered the original operating rhythm, the trend of the US dollar index will also be relatively easier, after all, the overall direction is still bullish, while EUR/USD is bearish. In summary, it is recommended to sell on highs for EUR/USD today, combined with the market conditions and the following suggestions: Short at the range of 1.0660-1.0670, with a stop loss of 20 and targets at 1.0640, 1.0620, and 1.0600. FX:EURUSD
Short
by investmentMr-X
1
EURUSD SHORT TERM INTRADAY IDEAIntraday Analysis - EURUSD - ( 2nd MAR 2023 ) Similar to GOLD , will be looking for shorts on EURUSD. Overall bias stays as bearish. However we have EUR CPI during London session later. If cpi comes out as per forecasted , or higher than forecasted, EURUSD will have a short lived rally to greater sell side liquidity zones as marked in the charts. However do note that the move may be short lived and could possibly be corrected the next day or the following week. Why high CPI means EUR rally ? Understand that CPI is a strong indicator of inflation. With high inflation , higher interest rates have to be implemented to combat inflation which will cause the strength of EUR to increase. It is possible to take advantage of CPI data buys or shorts but risk lesser HRHR BUYS AT 1.06850 MRMR BUYS AT 1.07300 HRHR SELLS AT 1.07900 MRMR SELLS AT 1.06800 SAFEST SELLS AT 1.05800 NOT ADVISIBLE TO TRADE NEWS FOR ROOKIE TRADERS
by CJ_GOLDPIPS
1
EURUSD ForecsatEURUSD Forecast The correction EURUSD started in September 2022 is not over yet. We are forecasting that we only have finished the (A) from the (A)(B)(C) of the correction in the intermediate degree (blue) to end wave 4 (green). Therefore we still need to see the price making higher highs from the current position. We are forecasting this option as the most provable at this point because wave (A) seems like a clear motive wave for us. We clearly see 5 waves forming (A). That means that, as wave 4 in green (primary degree) has to have a corrective structure, there is still another wave up missing. What to do? We currently can not look to enter the market. We should be patient and wait for the price to break the 1.1033 level before looking for short-term buying opportunities. Alternative scenario We forecast that wave 4 in the primary degree (green) is not over yet. However, until the price does not break the 1.1033 level, we cannot discard the scenario where wave 4 is already over. If this is the case, the price will resume the downtrend directly, making lower lows. Unfortunately, today we cannot give you a trade idea for the EURUSD, but we hope you understand what the asset situation of the EURUSD is. As always, we will keep you updated Please remember to do not to risk more than 2% of your account on each trading idea
by TradingtheRightSide
EURUSD possible sell zone!!Currency Pair : EURUSD Possible direction : Bearish Technical Analysis : Price has broken out of daily support and showing strong bearing momentum on daily and 4h. Current session candle has a very weaker response from the buyers, and as the price heading to monthly support, there is a selling opportunity on the test of the previous support turn resistance after a strong rejection. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
1
EURUSD EURUSD It is so clean! These are my favourite kind of set ups, it has been a choppy week but you wait till next week V day! We in for big treat CPI For US! Now Jobs have been great all is well in US it seems, lets see if this continues! Technically if we go below 50 EMA expect 200 EMA as your TP - I am short it's a positive swap as well - that's another great thing about holding euro short. Highs: 1.08180 Lows: 1.06680 Break of lows: 1.05470 target areas Break of highs: 1.09190 target areas It's really as simple as that, there's two ways you can play this put a small % position in and let it run, add alerts in and orders! Whatever suits your trading plan. Have a great weekend Trade Journal - There will be a FX week ahead video coming out this week!! Stay tuned.
by Trade_Journal
eurusd Technical analysis of EURUSD monthly time: 25.2.2023 We can see that after reacting to the 50 fibo range, we had a resistance zone in B pattern crossing it, now we are exactly on a resistance zone in the range of 1.05420, which in case of failure can be two targets in the ranges of 1.03799 and 1. 01716 based on pivot points. There is no need to touch both. In general, the goal of the harmonic pattern can be reconsidered, but we must not forget that the resistance of the X range of the pattern is within the range of the two specified targets and can prevent further reduction.
by maryammh
1
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly on the DOWN SIDE. The main reason for that is that the dollar started getting stronger because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. - Definitely according to the MARKET STRUCTURE EURUSD can go up to the 1.0944 RESISTANCE LEVEL. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. - Then EURUSD can go down until the 1.0200 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
by benny_marshall
2
EURUSD Trading Plan - 12/Feb/2023Hello Traders, Hope you all are doing good!! I expect EURUSD to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
EURUSD SELL EURUSD so basically we would be more focused on the Sell Movement which is over 300 pips plus have been studying EU for the pasted 3weeks now and it is safe to say I finally got my Proper Confirmation on EURUSD, based on my Top down analysis EURUSD on the Monthly time frame rejected the Monthly and Weekly resistance zone / area then Leaving us with a good Choice on Making proper use of our fib, so how ever breaking it down to the Daily and H4 we noticed EU broke a Massive Buy Trend line then rejected the Weekly resistance lvl on the D1 and H4, so with that being said we would be waiting on price to test our sell zone before taking EU trade. I might likely drop a Buy Analysis too buying to our sell Level. Thanks guys drop a Comment and let me know what you think your comments are very important guys.
Short
by GoCrazyfx0
2
EURUSDIn the 1-hour period, we are witnessing a reaction below the trend line and on the support range of 1.06799, after which the range of 1.07614 is also a support. It is expected that the range of 1.07614 will be touched again and the target of 1.07812 based on pivot points is not far away after the failure of 1.07614. For the target of 1.08246, more risk should be accepted. Determining a correction in the form of an ascent or a change in slope can determine the clarity of the situation ahead
by maryammh
3