EURUSD Technical Analysis and Trade IdeaWe can see that the EURUSD has traded into a strong resistance level after a bullish rally. In the video we take a quick look at the trend, market structure, price action and we discuss a possible trade idea. As always this is not to be construed as financial advice.
Eurusdtrade
EURUSD: The ECB's Villeroy said the rate cuts hinged on stable 2European Central Bank (ECB) board member François Villeroy de Galhaud has made it clear that the possibility of a rate cut by the ECB depends on whether inflation expectations are firmly anchored at target levels. Use the bank's 2%. In his recent statement, Villeroy emphasized the importance of a data-driven approach to policy-making and signaled a move away from predetermined data-based policies.
Villeroy's comments came at a time when some investors were expecting a rate cut as early as March or April. However, the central bank took a more cautious stance, saying it should not be in a hurry to cut interest rates. This cautious stance is in line with the ECB's broader strategy to contain inflation without hurting economic growth.
The recent rise in inflation to 2.9% in December was due to technical factors such as the base effect from previous energy prices, which had a large impact on inflation. General distribution. It is important to note that the ECB's current deposit rate is 4%, and this level is already part of the ECB's toolkit for dealing with inflationary pressures.
Villeroy's emphasis on stable inflation expectations is an important indicator of the ECB's commitment to its price stability mandate. Given the latest inflation data, the ECB appears to be maintaining a cautious and reactive approach to monetary policy in the face of economic uncertainty.
Sniper Check List on EURUSDSniper Check List
Both 15min & 1hr Candle indicates the BULLISH Play.
Price Chopped the Longs up down to the Bottom
of the Lower SD.
Anchored the set up on the FVG right
below the 1st SD.
Time 6:45 am Sweeps yesterday's Low
7am est Bullish Play Engaged.
Target 2-4th SD.
Never over leverage. Trust your set up. Have a great Day!
#SniperGang
💡 EURUSD: Forecast January 8Sellers failed to penetrate the 1.0900 support level, a resistance level that includes an uptrend line. Prices created a notable doji candlestick pattern around this resistance level, hinting at the possibility of a price reversal. may return to the upward trend in price. Buyers can consider taking positions, SL is placed below 1.0900.
💡 EURUSD: Forecast January 9After creating a reversal signal around the lower border of the rising price channel, EURUSD increased slightly in the past session, but this move is still quite weak, not bringing about significant changes. If you follow the trend and have entered a buying position, you can continue to hold. SL placed below the price channel and target is around 1.1200.
EURUSD BUY NOW The daily chart for the EUR/USD pair shows it remains pretty much neutral for a fourth consecutive day. The 20 Simple Moving Average (SMA) maintains its bullish slope but acts as dynamic resistance around 1.0970. The longer moving averages, in the meantime, remain directionless, far below the current level, while technical indicators head nowhere around their midlines, reflecting the absence of directional interest.
EURUSD BUY NOW. 1.09446
CONFIRM TARGET. 1.1008
EURUSD 4H : Try to drop EURUSD
New forecast
The EUR/USD pair is showing slight negative trading now, indicating a trend to resume the expected downward trend for today, which targets the 1.0892 and 1.0808 levels as the next main station.
Therefore, we will continue to favor the bearish trend during the coming sessions, supported by the negative pressure formed by the moving average 50 unless the 1.0956 level is breached and holds above it.
The expect range trading for today it will be between the resistance line 1.0956 and support line 1.0808.
resistance line : 1.0956 , 1.1012
support line : 1.0892 , 1.0808
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EURUSD - Long to order block ⁉️Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: After price took liquidity below equal lows we can a reaction from institutional big figure 1.09000. Now I expect bullish price action to order block.
Fundamental news: Upcoming week on Thursday we will see results of monthly and yearly CPI in USA.
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EUR's Unlocked Bullish Potential Plus Bearish Scenario[EURUSD]Dear Esteemed Investors,
I'm sharing the results of my news trading method with you. By now, all of you know I'm using AI natural language processing to weight world news and cross-check against popular sentiment indicators like DSI and DSIE.
Standard DSI/DSIE signals an optimistic outlook for the EURUSD market. It means that the possibly influential investors believe in the EUR. I've extended these analytics with machine-learning deep neural nets that implement the mentioned natural language processing. Here are some of the crucial results.
The US dollar index has been trending lower in recent weeks, which has provided support for the EURUSD. This weakness results from the expectations of further interest rate cuts from the Federal Reserve. The central bank tackles slowing economic growth.
Positive economic indicators from the eurozone, such as powerful industrial production and retail sales, have boosted investor confidence in the region's economic outlook. It has contributed to increased demand for the euro and a firmer EURUSD.
Geopolitical tensions reduced, particularly regarding the Ukraine crisis, has created a more conducive environment for risk-on assets like the EURUSD. It has led to increased investor appetite for euro-denominated assets.
However, rising inflation in the eurozone has raised concerns about the European Central Bank's ability to maintain its loose monetary policy. It has put downward pressure on the euro and weighed on EURUSD.
Persistently high energy prices are putting a strain on eurozone economies, potentially leading to slower economic growth. It could dampen demand for the euro and weaken the EURUSD.
If the Federal Reserve raises interest rates faster than you expected, it could widen the interest rate differential between the US and Europe, making the dollar more attractive and weakening the euro.
Ongoing geopolitical tensions and possible global recession could negatively impact investor sentiment and dampen demand for the euro and the dollar. It could create volatility and uncertainty in the EURUSD market.
The EURUSD outlook remains mixed, with bullish and bearish factors at play. While the weaker US dollar and positive European economic data have supported the euro, rising inflation, energy price concerns, and the possibility of faster US interest rate hikes pose potential headwinds. Ultimately, the direction of the EURUSD will depend on the relative strength of these factors and the evolving global economic landscape.
In objective numerical, MACD and RSI positively move on the bullish side under the chart. The indicators align with an ongoing bullish signal on them. The previous forecast started on 12 Dec 23 when I took a profit from my 30 Nov 23 short and wrote a bullish outlook. You can find these forecasts on the chart with the related ideas. I traded according to the same logic. So, I had and still have a long since sharing the latest forecast. I believe that the price can continue the bullish rally until $1.111. It's on the resistance line from historical tops under the short ideas on the left side of the chart. I marked the target zone with a green rectangle. If the price retraces, the $1.098 and $1.089 levels could act as support. While the bearish scenario is possible, probabilities point towards a bullish continuation.
Disclaimer:
The success of my historic forecasts doesn't guarantee your future results. It's not an investment advice. Do your research. I wrote the analytics for entertainment purposes.
Kind regards,
Ely
EUR/USD needs to break this key level for further uptrendHello traders and the Tradingview community! Previously we had a great profit
by selling EUR/USD@1.1120 last week. Our target of 1.0940 was hit yesterday generating
more than 180 pips profit.
Currently, EUR/USD is consolidating around the mid 1.09 levels. The direction of the
next move will be determined by how price behaves around the 1.0965 mark.
If we see a strong bullish candlestick that breaks the key 1.0960 level, we can expect
1.10 and 1.11 very soon.
Currently, I have a couple of buys in EUR/USD from 1.0910 and 1.0930 levels. I will continue
to update the idea when I have a new entry.
EURUSD 4H : Waiting for today news EURUSD
New forecast
Trading in the euro against the dollar pair stabilizes below the level of 1.0956, so that the bearish trend scenario remains effective for the coming period, supported by the negative pressure formed by the moving average 50, waiting for stability below the level of 1.0892 to resume the bearish wave that targets the level of 1.0808 as a next station, and by breaking it, it will reach the level of 1.0744.
Stability below 1.0960 is important for the expected decline to continue, with the need to be aware that the markets may witness strong and mixed trading at the time of the release of US economic data this afternoon, while the breach of 1.0956 represents a positive factor that will lead the price to try to return to the upward path and achieve new gains.
The expect range trading for today it will be between the resistance line 1.0956 and support line 1.0808.
Additionally ,Today News will affect on the market .
resistance line : 1.0956 , 1.1012
support line : 1.0892 , 1.0808
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
💡 EURUSD: Waiting NFPThe price recovered in the last session from the lower border of the rising price channel, however this move has not created any significant price increase signals, so this is still not a good time for buyers to return. You continue to observe to see if any new signals are created in this 1.09 confluence area.
EURUSD M15 / STRUCTURE CHANGE, LONG OPPORTUNITY ✅Hello Traders1
This is my idea related to EURUSD M15. We can see a structure change in the chart, I still see DXY as weak, that's why I expect an increase of EURUSD until the price of 1.10000.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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