EURUSD 12May2023EURUSD analysis has not changed, it is still in accordance with my old analysis. It's just that, currently the price is at support, when the price can penetrate the support (red line) there is a high probability that the price will continue to fall until SnD, this analysis will be invalid when the price rises to penetrate the invalid line.
Eurusdtradeidea
EURUSD: Buy
EURUSD is currently in a relatively obvious downward channel. Today, the lowest fell to around 1.094. This is also the starting point of the last rise. There was support. It rebounded to around 1.098 and then fell back. From the trend point of view, it has not yet stepped out of the downward channel, but here A pattern similar to a double bottom appears.
If it can get support around 1.096, it will try the resistance around 1.098 again. The probability of breaking through is relatively high. The upper target is around 1.10, so my trading signal is to go long.
Trading Signals:
buy: 1.096-1.095
tp: 1.099
sl: 1.094
sell: 1.101-1.103
tp:1..099
sl:1.103
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- University review euro market operates without sentiment. And connecting online, it is possible to create a positive feeling with positive emotions. NFP report. FOMC mobile phone. Increase the feeding rate and increase the ceiling rate. Necessary meeting is underway to monitor federal inflation data.
- Market structure EuroUSD review 1.0836 support level review. There is a market bias for the euro university market.
- EURUSD 1.1200 level structure online. Market sentiment shares and commodities sell below EURUSD. So pay attention to it
EURUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#EURUSD SHORTDear friends and companions:
In the 4-hour time frame,The bottom of the ascending channel has been broken and after the pullback to the bottom of the channel, it will continue the specified downward trend. The divergence between the RSI and the price chart is evident.If you like my analysis, please like and follow me.
EURUSD: Your good position buy!Fundamental Overview
Largade & Co's assessment that present financial conditions do not demand an immediate liquidity response is a favorable viewpoint. The policy rates in the rates and FX markets have a clear direction of travel, but it is now reliant on certain conditions. It is improbable that the policy rates have already reached their maximum point at 3.00%, which indicates that the EURO may strengthen on the crosses and possibly escalate on the FED pause.
Plan in the intro
EUR/USD Maintains Auction Area above 1.1000 Amidst Risk-On MoodThe #EURUSD pair is currently trading in a sideways trend above the critical support level of 1.1000. The US Dollar Index (DXY) is also looking vulnerable above 101.20, indicating a possible uptrend for #EURUSD.
Last week, the European Central Bank (ECB) announced an interest rate hike of 25 basis points (bps), and the ECB President, Christine Lagarde, kept the doors open for more interest rate hikes. This announcement has a comparatively more hawkish bias than the Federal Reserve (Fed).
The US Consumer Price Index (CPI) data, which is expected to release on Wednesday, is the focus for investors after the United States Nonfarm Payrolls (NFP) report. Annual headline CPI is expected to soften to 4.4%, while the core CPI is seen accelerating to 5.8%.
The #EURUSD pair has formed a Double Top chart pattern, which will get triggered only after slipping below the immediate support of May 02 low at 1.0942. However, the pair is showing signs of an upside momentum as the Relative Strength Index (RSI) (14) has shifted into the 40.00-60.00 range.
TRADE IDEA DETAILS
CURRENCY PAIR: #EURUSD
CURRENT TREND: Sideways
TRADE SIGNAL: ↗️Buy
👉ENTRY PRICE: 1.1035
✅TAKE PROFIT: 1.1185
❌STOP LOSS: 1.0942
#EURUSD #USCPI #ECB #InterestRateHike #DoubleTopChart #Inflation
EUR/USD Meets Solid Support Around 1.1000 on LagardeThe EUR/USD currency pair experienced a corrective decline and revisited the key level of 1.1000. However, it encountered solid support and bounced back afterwards. The Chairwoman of the European Central Bank (ECB), Christine Lagarde, stated in a press conference that inflation pressures remain strong and wage pressure is increasing. Many Board members suggested a 50 bps rate raise due to significant upside risks to inflation.
The EUR/USD is currently facing increased volatility as investors shift their focus to Lagarde’s press conference. After the ECB raised rates by 25 bps to 3.75%, the market remained inconclusive. The ECB stressed that underlying inflation remains strong and future decisions will aim to make rates sufficiently restrictive.
TRADE IDEA DETAILS
CURRENCY PAIR: #EURUSD
CURRENT TREND: Corrective decline
TRADE SIGNAL: ↘️Sell
👉ENTRY PRICE: 1.0995
✅TAKE PROFIT: 1.0909
❌STOP LOSS: 1.1055
With Chair Lagarde's comments about the need for more tightening and the uncertainty of the transmission of past rate raises, we believe that EUR/USD is likely to continue its corrective decline. Therefore, we recommend selling EUR/USD at 1.0995 with a stop loss at 1.1055 and a take profit target at 1.0909.
eurusd shortDear friends and companions:
In the 4-hour time frame, the price has hit the ceiling of the ascending channel, and the divergence between the price chart and the RSI indicator is quite evident, and from here I give the possibility of falling to the specified range.
If you like my analysis, please like and follow me.
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/USD Breaks Trendline Resistance Ahead of Fed/ECB PolicyEUR/USD has broken the downward trendline resistance, indicating a bullish trend. The short-term trend is bullish, and upside momentum has been activated.
The major currency pair will capture more gains after a decisive move above the intraday high of 1.1030, which will drive it towards the round-level resistance at 1.1100.
If the latter is breached, it will expose the pair to a fresh 13-month high. On the other hand, a downside move below 1.0915 will drag the asset lower.
TRADE IDEA DETAILS:
CURRENCY PAIR: #EURUSD
CURRENT TREND: ↗️Bullish
TRADE SIGNAL: ↗️Buy
👉ENTRY PRICE: 1.1045
✅TAKE PROFIT: 1.1095
❌STOP LOSS: 1.1015
#EURUSD #ForexMarket #FederalReserve #ECB #InterestRateHike
EURUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD: Buyer's next direction!Fundamental Overview
The Euro currency is being strengthened by the anticipation of future interest rate hikes by the European Central Bank. Despite a drop in inflation, the ECB's Philip Lane stated that keeping interest rates at their current level would not be appropriate. As a result, the market's response to the recent release of German consumer inflation figures is expected to be subdued, but a higher CPI could slightly improve the EUR/USD pair.
Expect EURUSD to continue to rise in the near future!
Plan trade in the intro ♥
Bearish on EU Currency, But Cautiously Watching for ReversalThe EU currency has recently completed the B leg of an ABC pattern, suggesting a potential reversal to the downside. While there is a bearish bias in play, traders should be cautious and wait for reversal patterns to emerge before taking action. If no reversal patterns develop, it may be wise to stay out of the market and let the price continue its current trend, as there is still potential for a higher high forming. Traders should carefully monitor the price action and use proper risk management to protect their positions.
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.