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Eurusdtechnicalanalysis

#EURUSDIn a floor above the range of 137.512 A: We are building a floor in the form of a triangle pattern in the range of 139.543 to 142.344. Now we are exactly on a static resistance area of 142.438. It is expected that by breaking it, we will experience a growth of up to 50% of the triangle pattern up to 143.859 area, which will be exactly on the static resistance area of X. If the X area is broken, we can expect growth up to the next resistance in the area of 144.772 and after that we have the completion of the expected harmonic pattern in the area of 145.716. At each step of the steps, you can decide on the continuation of the process and the amount of correction. But in general, the goal is to complete the pattern in the area of 145.716.
by maryammh
2
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So keep an eye on FED UPDATES and US DATA. - Definitely, according to the market structure, EURUSD can go down to the support level of 1.0418 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. After that, EURUSD can go up to 1.1000 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
1
EURUSD Forecast: 2-3 Month Consolidation Coming UpHey trade, I hope you're having a profitable week ;) As you can see the price has been in a downtrend from June 2021. It formed an H&S pattern that was followed by a 3-level drop. The last level will be confirmed by either this months or the following months bullish reversal candle pattern close around where the price is at. That reversal candle will start a bullish reversal pattern. It could be a double bottom, half a bat pattern, or a head and shoulder pattern. Usually when one of those patterns form at a support level, a bullish uptrend occurs. Therefore, we can expect the price to rally to the 5th Monthly Key Lvl and 8 MA. But that might not happen; the price might drop further down if it forms a bearish reversal pattern after the bullish reversal pattern. That bearish pattern must bounce off the 8 MA though. To confirm the the short-term MA's trend-continuation. So for now we could sit back wait to take a position trade or take day and short-term swing trades on the lower timeframes. That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section below, I'd love to know your thoughts! Stay Blessed Baby, Sphatrades.
by Doji-2k1
1
Second Entry for EU LongsEntry was on the 3 min for a smaller SL. Got in on a decent trade yesterday Closed 80% when we got close to yesterdays Asia highs because it was getting late and price was moving too slow. The reason I closed is because I didn't catch the absolute lowest point so the is a chance that my first trade could get taken out before price gives a choch to the up side to continue going higher. You can place your TP at the target or target the 4H high but now that I have seen that we have interest rate tomorrow for the FED I would recommend taking the majority of Profits once the 15 min high is taken out
Long
by Keyserfx
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - Currently the MARKET SENTIMENT for EUR is on the DOWN SIDE. The main reason for that is that all MARKETS including STOCKS and STOCKS are DOWN due to MARKET RISK OFF. It affects the Euro in a big way. Because today is Monday, there is a DOLLAR WEAKNESS with a somewhat RISK ON nature. - Definitely, EURUSD can fall to the SUPPORT LEVEL below. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. Accordingly, EURUSD can go down to 0.9858 LEVEL. And after that EURUSD can be BUY to the 1.0661 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
by benny_marshall
1
EURUSD - CURRENT SENTIMENT ANALYSE , DXY - DXY is currently at 105,286 LEVEL. Also the EUR FEATURE stays at 1.0451 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little before BUY. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP. - The EURUSD PRICE can be slightly up to 1.0652 LEVEL. Maybe a change from the USD HIGH VOLATILE EVENTS coming up in the coming days. So stay tuned. If the MARKET moves to the DOWN SIDE the EURUSD 1.0279 LEVEL can be DOWN.
by benny_marshall
EURUSD - CURRENT SENTIMENT ANALYSE , DXY - DXY is currently at 101.632 LEVEL. Also the EUR FEATURE stays at 1.07521 LEVEL. The EURUSD PRICE is currently higher than the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little before BUY. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a NEUTRAL BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD can definitely be DOWN in the future. Also JPY CHF can be UP. - The EURUSD PRICE may be slightly up to 1.0921 LEVEL. Maybe a change from the USD HIGH VOLATILE EVENTS coming up in the coming days. So stay tuned.
by benny_marshall
EURUSD - FOMC CPI DATA WITH CURRENT SENTIMEN ANALYSE , DXY ⛔️ Today is a fairly important day for the EURUSD. This is due to the release of USD CPI DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the EURO has been hit hard by the USD. This is because some of the UPDATES coming from the EURO ZONE are quite NEGATIVE. But even if USD CPI is NEGATIVE, its impact will largely be on the EURO itself. ⛔️ DXY is currently at 103.717 LEVEL. Also the EUR FEATURE stays at 1.0557 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE will SELL a SHORT TERM a little more. ⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a GREEN COLOR. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly DOWN SIDE BIAS. BONDS SPREADS IS GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. ⛔️ The EURUSD PRICE can be slightly down to 1.0314 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned. USD INFLATION DATA or CPI DATA to be released today at NEWYORK SESSION
by benny_marshall
EURUSD- Today is a fairly important day for the EURUSD. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the EURO has been hit hard by the USD. This is because some of the UPDATES coming from the EURO ZONE are quite NEGATIVE. - DXY is currently at 102.947 LEVEL. Also the EUR FEATURE stays at 1.0595 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little further to 1.0349 LEVEL. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - EURUSD PRICE can be slightly down to 1.03499 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned.
by benny_marshall
5
EURUSD 21.4 - Powerful long position with a chance of clouds ;)Note that we have a few market moving events today : - Jobless claims - ECB & FED chairs speaking (Powell, Lagarde) It's important to emphasize, such events have a tendency to be volatility triggers, it's much less important what is said and done - Majority of impact is volume and technicals. Volume because everyone is trading and there's big swings and technicals because the swings, unless there's something truly drastic are moving the price action within the 4h up to weekly technical trend. So with the introduction out of the way let's BE PRACTICAL! 1) A tunnel consolidation is broken up above what was 1.0850 resistance, a retest of this breakout is technically possible at around 1.0830. 2) A break above 1.0942 would allow for very possible continuation to 1.1020 resistance. 3) A break above 1.1021 with a daily close would be a break above the trend-line stretching from 1.150, highest point of the year. Which could technically mean 1.1150 , 1.1250 and higher. A solid trading plan would be to consider that the USD is very far up. Using simple logic, of 'buy low sell high' , today's events may be very bad for USD. The DXY (dollar index) is actually showing a solid bearish 'falling wedge' pattern. So using careful risk management and patience during the day, buying the retest of 1.0830 and even 1.0720 which would be possible if breaks (very low chance), could be great long positions. If you want to be bolder with a bigger chance of catching a big swing up with a probable crash of USD , you can consider a 200 pip downside compared to a 600 pip upside as short-mid term. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you for going through my idea! If you found my idea useful, please like and follow :D It would truly mean a lot to me. Also if you have any questions , don't hesitate to ask me and I will of course respond to everyone. I encourage you to do your own research and be very careful when investing! Once again, thank you <3 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by Exactus
EURUSD WILL GO UP ? ECB COMMENT WILL HAWKISH ?- Today is a very important day for EURUSD. GERMAN FLASH MANUFACTURING PMI DATA, one of the most important events for EUR, is set to be released tomorrow. And today there is a very important FED CHAIRMAN story for USD. It will definitely VOLATILE EURUSD HUGE. - DXY is currently at 99.89 LEVEL. Also the EUR FEATURE stays at 1.0957 LEVEL. The EURUSD PRICE BREAK DYNAMIC S / R LEVELS and pulls up with the POSITIVE COMMENT from ECB. Most likely the PRICE will be SHORT TERM UP up to 1.1070 LEVEL. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a slightly MIXED RISK TONE. So I'm a bit reluctant to be a HIGH BEATA CURRENCIES BUY. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - The EURUSD PRICE can be UP to 1.1070 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned.
by benny_marshall
Be ready to Short EUR/USD the EURO will Continue to drop against the USD these 2 days and according to the overall trend is bearish plus also the news will not be good for the Euro as well so news will not affect the price action, so make sure to place a trade if the price corrects and retrace a little bit to 1.08900 after it reaches the 1.08479 mark ( only if you see a bearish sign ) OANDA:EURUSD this is just my overall analysis of the market please don't trade based on my idea do your technical analysis first :)
Short
by charafguttai
5
EURUSD WILL GO UP ? DXY WEAK OR NOT ? NFP + ISM⛔️ This is a very important week for EURUSD. CPI DATA for EUR is to be issued. This is a very VOLATILE event for the Euro. Because it is a very important INDICATOR. Among them are the ISM MANUFACTURING PMI, and the US LABOR DATA. These are the most important ECONOMIC INDICATORS and these are the HIGH VOLATILIE INDICATORS. ⛔️ DXY is currently at 98.44 LEVEL. Also the EUR FEATURE stays at 1.1091 LEVEL. The EURUSD PRICE is located on the DYNAMIC S / R LEVELS. Most likely the PRICE will be SHORT TERM UP up to 1.1228 LEVEL. ⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is a NEUTRAL BIAS on the market side. ⛔️ The EURUS PRICE can be UP to 1.1228 LEVEL before it becomes DOWN. Then you can DOWN to 1.0849 LEVEL. According to the LABOR DATA and ISM MANUFACTURING DATA coming out today, we can expect some change in the EURUSD. ⛔️ Currently the MARKET may be the TREND LINE SUPPORT. If you BREAK that TREND LINE, EURUSD can sell faster.
by benny_marshall
DAILY MARKET BRIEFING; EUR/USD ANALYSISDAILY MARKET BRIEFING; EUR/USD TECHNICAL ANALYSIS September 23/2021 The EUR/USD had a complete move towards the August 23rd lowest support area as negative economy reports blazed from the side of the EURO zone earlier in the last trading hours. It was not long ago when the expected interest rate hikes took charge of the market sentiment. Yet, the government speeches at the FOMC reassured the expectation of the market participants to come to a hawkish fed monetary policy, conclusion. While on the negative side of the EURO report from the fundamental economy update claims that The German manufacturing purchasing managers index (PMI) had an expansion in a report of 58.5 although the previous reading of the PMI data was at 62.5 economic analysts predicted a forecast of 61.5. The German services PMI also fell from a previous reading of 60.8 to 56.0. Also, The European service PMI went negative. According to an economy report from Reuters, The dollar chop down across the board on Thursday as enhanced risk emotion in global financial markets wiped out its gains in the previous day after the U.S. Federal Reserve flagged plans to dial back its stimulus this year. Trading recommendations, in general, the market tends to have a bullish trading bias hence the further movement of price to the upside could be welcome in the market To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
Long
by Theexcelentrepreneur
EUR/USD DAILY FOREX MARKET ANALYSIS EUR/USD DAILY FOREX MARKET ANALYSIS September/16/2021 Market eyes new support level as the economy reports around US dollar remains positive. It was reported that the US Initial Jobless Claims for august reached 330K, while the previous release was 310K, on the other hand, market players are however on the outlook for a positive US economy update. Yet after a series of consolidation price action movements in the market structure in the earlier trading sessions, the EURO /DOLLAR pair finally heed to the calling of the bears. Unlike most advanced traders the next question that'll be on your minds will be where to be the next point of exit and the most suitable for stopping loss. From a technical analysis standpoint, it should be noted that the total cost in driving the price of the market against August 13 highest demand zone will cost a total of 946pips, whereas the magnitude of the bears about the positive economy prediction for the greenback would likely foster the bearish action of the EUR/USD market. While looking at the market In terms of indicator analysis the below observations can trigger the trading decisions of market participants 1. Price is currently below the 200 and the 50MA hence signify a bearish trading bias. 2. Average true range indicates strong volatility in the range of the bear candlesticks. 3. RSI indicator approach oversold condition hence a few retracements in price to the upside could help to stabilize the condition of the RSI, And thus traders will have more reasons to enter into the market at the best moments. To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
Short
by Theexcelentrepreneur
1