EURUSD - Long IdeaEUR/USD is moving sideways. Once a strong support is confirmed, then we will have a price retracement to 1.11400
Eurusdtrade
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.09000 for a profit of 20 pips.
💡 EURUSD: Forecast New Year The price continued to correct downward after being blocked at the 1.1200 resistance area. It is now approaching the 1.1000 conversion zone. You should pay attention to see if it creates a bullish signal here. If so, you can consider new buying positions following the uptrend. In case the price breaks this level, the next target will be around the lower border of the falling price channel.
💡 EURUSD: Forecast January 3The buyers were unable to hold the 1.10 resistance zone as the selling pressure rapidly increased, penetrating this resistance with a very strong force. It is likely that the price will continue to go down with these developments, the target is The next step will be around the lower border of the rising price channel. Trend followers patiently wait. If there is a notable price increase signal in this area, then they should consider entering new buying positions.
Analyzing the EUR/USD: Anticipating a Bearish Move Towards 1.07 In the current market scenario, there's a keen interest in the EUR/USD pair as it exhibits a potential bearish move. The price trajectory is notably approaching the crucial 1.07 level, following the formation of a distinctive right shoulder pattern.
Traders and analysts are closely monitoring this pair, anticipating and analyzing any forthcoming downside movements in the coming days. Stay tuned for insights and updates as the market dynamics unfold.
EURUSD Buy opportunity.As you can see, on the 1 hour chart, the trend has been very bullish lately. However, there has been a recent pullback. We are looking for a buy opportunity on the open next Monday, as a trend continuation trade.
My reasons to believe price will keep pushing upwards are the main confluences that hint toward this move.
- Fibonacci retracement 50.00%.
- Many buyers previously interested in this region.
- Support zone/bullish OB. (on the HTF)
- Lower bearish volume.
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.09387 for a profit of 20 pips.
EURUSD 02/01Pair : EURUSD ( Euro / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame and Short Time Frame with the Breakout of Lower Trend Line. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave
EUR/USD to 1.0940 next week? A bearish perspectiveHello traders, EUR/USD has been on a uptrend fueled by some low-volume
buying. Next weeks, when the big boys finally return to the markets and the
trading volumes go back to normal, there might be a possibility that this
entire move is faded.
I have sold EUR/USD@1.1120 and I believe we could see a 100 pips fall
next week. Technically, the next resistance for EUR/USD liest at 1.1265
level.
My advise to you is to trade wisely and apply proper money management.
EURUSD (H4) Sell now (1.1113)OANDA:EURUSD EURUSD (H4) Sell now (1.1113)
Stop loss at 1.11450
TP 1 at 1.10430
TP 2 at 1.10100
Divergence of RSI
Note: Capital management 2%
EURUSD POTENTIALLY BULLISHFX:EURUSD Broke out of the major resistance and has formed a new high. On H4 TF, it can be seen attempting to form a new higher low. If the new higher low is fully formed and holds around the 1.10345 area, we just might see some higher push
Targets are at:
1) 1.11300
2) 1.12389
Trade with caution and trade responsibly. Do your due diligence
Happy New year
EU buyEurusd also is a bullish market as we can see on HTF still there is more buying powerz now on LTF we look for signs of shift of MS so as we can enter the market .
EURUSD: The fate of the USD depends on the Fed's 2024 movesThe US dollar has been relatively stable this year, having strengthened significantly following the Fed's rate hike in 2022, but could face downward pressure in 2024 if the Fed cuts rates as expected. . The dollar has fallen only 2% against other major currencies this year, its first annual decline since 2020, supported by strong U.S. economic growth and the Federal Reserve's efforts to keep borrowing costs high. Ta.
The Fed's surprising shift in stance came at its December meeting, when Chairman Jerome Powell suggested a sharp rate hike cycle that would send interest rates soaring to multi-decade highs was likely. It ended due to falling inflation. This has led to expectations for a 75 basis point (bp) rate cut next year, with the dollar weakening as lower interest rates generally make U.S. assets less attractive to profit-seeking investors. There is a possibility that Strategists are expecting a weaker dollar next year, but the possibility of an earlier rate cut could accelerate the dollar's weakness. But the strong U.S. economy could pose a challenge for those betting on the dollar. Kit Jacks, chief currency strategist at Société Générale (OTC:SCGLY), said aggressive monetary policy and growth stimulus in the US led to strong dollar strength. La, just like in the 1980s. Impending policy changes could eliminate some of these gains. The development of the dollar is particularly important given its central role in global finance. A weaker dollar could benefit the United States by making exports more competitive and increasing multinational corporations' profits when converting foreign earnings into dollars. According to FactSet, about a quarter of S&P 500 companies (INDEXSP: INX companies) derive more than half of their revenue from international markets.
A December survey of 71 foreign exchange strategists predicted the dollar would weaken against G10 currencies in 2024, with most of the decline occurring in the second half of this year. The outcome will likely depend on the relative performance of the US economy and the speed with which central banks around the world adjust their policies. The European Central Bank is resisting pressure to cut interest rates to fight inflation as the euro zone struggles with a deepening economic downturn. The euro has appreciated more than 3% against the dollar this year. In contrast, Neuberger Berman's Thanos Baldas remains bullish on the dollar over the next 12 months, citing continued weakness in economies outside the United States.
💡 EURUSD: Forecast December 29EURUSD has slipped sharply in the past session, losing momentum as it approached the upper border of the rising price channel. Although selling pressure is returning, these are normal developments after breaking moves, a correction will bring giving bettors better entry points, you continue to wait patiently, paying attention to see if there is a bullish signal forming around the 1.10 resistance area when the price retests.
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.10450 for a profit of 30 pips.
Sniper Trading System Trade Break Down 12-29-23As we study #PriceAction - Our 12am Indicated the Bullish Play on this last #TrapDay of 2023 - The #Algorithm raided the 1st #StandardDeviation to entice Timmy, Lenny, & Tenisha nem to chase the sell because they had no clue we are BULLISH today.💰 Around 5am the Algorithm followed it's DAILY route- Consolidated turned around and liquidated the Shorts and tapped the Sell Stops and liquidated them as well. #SmartMoney Bought the WICk of the #SwingLow which is our #DrawPlay 🔼 Typically price will Trend to the 3rd or 4th #StandardDeviation in confluence with the #Trend that day. 😮 then retrace and or Reverse. This is the 2024 DAILY Schedule. This schedule makes us the #BANK ✔🤫🥶💵 LEARN IT! 📌💵 #SniperGang 🏦🏦🏦
💡 EURUSD: Forecast December 27EURUSD increased in price in the last session, the upward momentum was not strong enough to invalidate the doji pattern previously formed on the daily. Although this bearish model has been invalidated, suggesting the possibility that the uptrend will continue, the breakout force is not really strong, you should not buy at this time, need to wait patiently.
scalp and flip EURUSD 5minin the area I select in the chart, I trade long and short .
I believe that price goes a sideway in this area.
no matter which position is first I trade the first and flip it with the next.
what do you think?
EURUSD: The USD fell as expectations of interest rate cuts increThe U.S. dollar is on track to decline annually, weakening from two consecutive years of strong gains as expectations grow for the Federal Reserve to cut interest rates next year. The dollar index against six major currencies hit a five-month low of 100.81, reflecting Wednesday's 0.5% decline and expectations for a 2.6% decline for the year.
Market participants are keeping an eye on the timing of the U.S. Federal Reserve's interest rate cut. The futures market indicates that there is an 89% probability that interest rates will be cut by March 2024, and it has been pointed out that there is a possibility that interest rates will be cut by March next year. Despite these forecasts, some analysts, including those at Monex USA, have expressed skepticism about the Fed's willingness to ease early, saying the dollar could appreciate if the expected rate cuts do not materialize. suggested.
In contrast to the Fed's unexpectedly dovish stance at its December meeting, other major central banks, including the European Central Bank, remained committed to keeping interest rates high for a longer period of time. However, markets believe the ECB is considering cutting interest rates by up to 165 basis points next year.
Analysts at Monex USA highlighted the unstable economic situation in Europe and the United Kingdom, predicting that their central banks could cut interest rates before the Fed. The euro rose 0.09% to $1.1113, close to a five-month high and posted a 3.7% annual gain, its best performance since 2020.
EURUSD Technical analysis and Trade IdeaIn this video analysis, we focus on dissecting the movements of EURUSD. We can see that the EU has traded into a significant resistance level. Below the current price level, we pinpoint an imbalance key support zones. Throughout the presentation, we delve into comprehensive trend analysis, intricacies of price action, the underlying market structure, while also briefly outlining a prospective trade opportunity. It is important to note that this is not financial advice and is meant for educational purposes only.
EURUSD is trending downOn the hourly chart of EUR/USD, the pair started a fresh increase above the 1.0930 zone. The Euro climbed above the 1.0985 resistance zone against the US Dollar.
The pair even settled above the 1.1020 resistance and the 50-hour simple moving average. Finally, it tested the 1.1040 resistance. A high is formed near 1.1044 and the pair is now consolidating gains.
If there is a downside correction, the pair might test the 23.6% Fib retracement level of the upward move from the 1.0929 swing low to the 1.1044 high at 1.1020. There is also a key bullish trend line forming with support near 1.1020 and the 50-hour simple moving average.
The next major support is near the 50% Fib retracement level of the upward move from the 1.0929 swing low to the 1.1044 high at 1.0985.
EUR/USD Extends Rally While USD/JPY Revisits Support_1If there is a downside break below 1.0985, the pair could drop toward the 1.0930 support. The main support on the EUR/USD chart is near 1.0910, below which the pair could start a major decline.
On the upside, the pair is now facing resistance near 1.1040. The next major resistance is near the 1.1065 level. An upside break above 1.1065 could set the pace for another increase. In the stated case, the pair might rise toward 1.1120.
BULLISH TRENDS (closing 2023) EUR/USD currency pair is exhibiting a bullish trend Presently 1.10560 and we are aiming the bullish trend however the dx is still on declind at 101.390 and expected to reach 100.90 the lower high supply zone area.
if 1.1075-1.1085 lower high resistances are broken next target will be 1.1220.personally i expect Eurusd will be on long run.
