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Eurusdtrade

Sellers are Ready for EURUSDPure technical analysis. EURUSD appears to have completed the 4th leg of Elliott Waves and is approaching previous support at 1.07464. There is still 1 leg of the Elliott Wave left to be fulfilled (leg E) which is predicted to be a pullback to the 0.618 Fibonacci zone, where there is equal high liquidity to be taken and then EURUSD will start a new wave (12345). For entry, wait for a pullback to the 1.01000 - 1.10485 zone and wait for signs of reversal (engulfing candles or double/triple top in the smaller time frame). Ride the bearish waves to the strong support zone at 1.06110, an area that was previously also a flip zone. Stop loss at level 1.11135 or slightly higher to avoid fakeout (stop loss hunting/purge). Cancel the setup if the price rises to 1.11135 with high volume.
Short
by adittiaduilocca84
GBPUSD I Short-term buy from support after recent impulseWelcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
8
EurUsd could resume its up trendIn the past two weeks, EUR/USD has been very choppy. In fact, the pair has remained relatively unchanged in terms of price since the beginning of the year. Upon examining the chart, we notice that although the pair has reached new lows, these were very close to each other and were quickly reversed. This type of price action typically suggests a medium-term reversal, which could indeed be the case for EUR/USD. Confirmation of an upside reversal would occur if the pair stabilizes above the 1.09 zone. In such an instance, reaching the 1.12 zone could be feasible in Q1.
Long
by Mihai_Iacob
EURUSD M30 / Possible Retracement Until the Resistance Level✅Hello Traders! This is my idea related to EURUSD M30. I expect a long move until the resistance level, after retracing from the OB H4. I consider the retracement from the OB a good sign for bullish sentiment. 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. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Long
by GoodTradeST
2
EURUSD: The USD is expected to have its largest monthly increaseThe US greenback is on course for its maximum giant month-to-month benefit on account that September, with a 2% benefit towards a basket of main currencies as January ended. The boom changed into attributed to marketplace modifications to the tempo and quantity of anticipated hobby fee cuts, stimulated through sturdy US financial facts and competition from important financial institution officials. toward reducing hobby prices. In contrast, the Japanese yen changed into poised for its maximum giant decline towards the greenback in almost a year, falling extra than 4% in January. This is the sharpest decline on account that February 2023, because of falling salary boom and slowing inflation in Japan, which has decreased expectations of hobby fee hikes. Early within the Asian buying and selling day, the greenback remained consistent at $1.0844/euro and barely weaker at 147.23 yen. The greenback index, which tracks americaA forex towards a set of different currencies, changed into final visible at 103.36. Investors are also targeted on the imminent choice through the Federal Reserve, which predicts that US hobby prices will continue to be unchanged. However, the Fed should sign the opportunity of a fee reduction through casting off language similarly fee hikes are beneathneath consideration. According to hobby fee futures, there may be presently approximately a 43% hazard of the Fed slicing hobby prices in March, down appreciably from a 73% hazard at the start of the year. Deutsche Bank's chief global strategist, Alan Ruskin, explains that the marketplace's response to the Fed assembly will probably be pondered withinside the chance of a fee reduction in March. Ruskin elaborates on the connection among this opportunity and the euro/greenback trade fee, noting that a 50-50 hazard is in line for the euro at $1,087, at the same time as a completely predicted hobby fee reduction might push the euro to $1,1080. Conversely, if the March fee reduction is completely discounted, the euro should fall to $1.0660. Before the Fed's choice, financial signs including the shopping managers index survey from China and European inflation facts can be released. Australian inflation facts, barely decrease than economics anticipate, bolstered expectations that the Reserve Bank of Australia has ended its hobby fee hike cycle.
Short
by Chart_MasterPro