Eurusdtradeidea
EURUSD BUYWelcome . According to the analysis of the euro pair against the dollar. There is a high probability of going up. The market broke the triangle pattern. with rising peaks. We are waiting for a retest of the pattern to enter a buy trade targeting 1.11000 .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
EURUSD - Quick sell idea for a RRR of 6:1Hello everyone! Hope you all have a great trading week and Ramadan Kareem all.
I am seeing a great sell for FX:EURUSD from here after the news. Currently testing a potential strong level. Risking 1% for 6.1% gain.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck everyone!
Regards,
Enzo
EURUSD: Buyer's entry!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️
In the second quarter, our team predicts a significant decrease in core US inflation, mainly due to the impact of lower natural gas prices and China's economic recovery. This development has led to an upward revision in global growth, which is beneficial for the euro currency. Additionally, a more aggressive stance by the European Central Bank could lead to an increase in yield differentials, resulting in a rise in the EUR/USD exchange rate.
Note: Full TP, SL for winning the market and safe trading!
EURUSD: Buyer's outlook!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
According to our prediction, there will be a 25 basis point rate increase in May and another 25 basis point rate increase in June. This will result in the ECB's Deposit Rate reaching its highest point at 3.50%. Presently, the market pricing indicates a policy rate peak of approximately 3.09%, which seems insufficient in comparison to our expectations. Our optimistic forecast for the ECB policy is a crucial factor in our expectation of the Euro's medium-term dominance over the USD.
Note: Full TP, SL for winning the market and safe trading!
Bullish Bias on EUR/USD: 4-Hour CHoCHEUR/USD has experienced a change in character on the 4-hour timeframe, indicating a potential pullback down for further continuation up, suggesting a shift in bias to the upside. The price has recently exhibited a bullish sentiment, and traders may now be looking for buying opportunities in anticipation of an upward move.
On the 4-hour chart, the market has shown signs of strength, with higher highs and higher lows forming, suggesting a potential uptrend. The recent change in character, which indicates a potential pullback down, could be seen as a buying opportunity for traders looking to capitalize on the bullish momentum.
Traders may be watching for a pullback or a retest of a key support level or potential buys once the market changes character in the smaller timeframe at the 50-78% retracement zone of this newfound swing to the upside. on the 4-hour timeframe. This could be a potential entry point for a long position, with a stop-loss order placed below the recent swing low to manage risk. The target for this trade could be towards the previous swing high or a resistance level, indicating a potential upward move.
It is important to consider other factors such as market conditions, news events, and overall trend direction to confirm the bullish bias. Traders should also use proper risk management techniques, such as setting appropriate stop-loss levels and managing position size, to protect against potential losses.
As always, monitoring the price action and being flexible with the trading plan is essential. Traders should be prepared for potential market reversals or unexpected price movements and adjust their strategies accordingly.
In summary, the 4-hour timeframe on EUR/USD has exhibited a change in character, indicating a potential pullback down for further continuation up, suggesting a bullish bias. Traders may be looking for buying opportunities, with proper risk management in place, in anticipation of an upward move. Monitoring the price action and considering other market factors can help traders make informed trading decisions
Yesterday's sells;
Today anticipation move;
Possible play for today and tomorrow before the news;
Wave pattern for this trend;
EURAUD 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: entry Sell!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Despite expectations of a decrease in inflation, its unexpected rise is a setback rather than a sign of a renewed acceleration in inflation. Our forecast still predicts a primarily decreasing trend in inflation, but it will take years to reach the Fed's target of 2%. This means that the US will have higher rates compared to other regions, even if the eurozone experiences higher inflation (anticipated at 8.2% this week) due to the ECB's more cautious approach and its lower terminal rate compared to the Fed's. This historical trend also indicates that the dollar will remain strong for an extended period, possibly throughout the year.
Note: Note: Full TP, SL for winning the market and safe trading!
EURUSD: Next week!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Russia is going to get rid of the Euros in their wealth fund
Note: Note: Full TP, SL for winning the market and safe trading!
EURUSD: Europe is in a great stress!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Europe is currently experiencing its largest energy crisis in recent history, with the duration of the crisis remaining uncertain. The situation is expected to be challenging for Europe for a minimum of two to four years, unless there is a significant alteration in the circumstances leading to the crisis. The primary cause of the crisis is Russia's war against Ukraine, which is impacting the European economy in various ways, including increased prices for energy and food, as well as geopolitical instability. This instability could result in third-party efforts to alter EU borders.
Note: Note: Full TP, SL for winning the market and safe trading!
EURUSD- A great area to SELL EURUSD has reached 'premium' price area where we expect price to reverse and drop significantly; NFP data is crucial for EURUSD price momentum and also a decider for DXY next move.
entry Criteria.
-Price approach at the area which is label as' entry zone'
-Stop loss should be a bit above invalidation level.
-Take profit as described.
EURUSD: Further ECB tightening - BUYGreetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
It is anticipated that the ECB will increase its Deposit Rate by 25 basis points in May and then again in June, resulting in a peak rate of 3.50% for this cycle. Despite the current market pricing indicating a maximum policy rate of approximately 3.09%, we believe that this is too low based on our expectations for a more aggressive ECB policy outlook. This prediction is a significant element in our projection for the Euro to exhibit medium-term resilience against the USD.
Note: Note: Full TP, SL for winning the market and safe trading!
4/4 EURUSD Trading Strategy
From the 1D chart of EURUSD, we can see a pattern resembling a U-shaped bottom, with three bottoms around 1.05. Currently, it has reached the phase resistance level, but the pattern is not yet complete. The strong resistance level should be around 1.098-1.1.
It is not difficult to see from the 30m chart that there is support around 1.091-1.088, and 1.086 is a strong support level. Therefore, the trading strategy should be to long at the tested support level.
EURUSD: The bears will approach the support zone!The currency pair EUR/USD experienced a drop to a fresh low of 1.0790 during the day, after reversing from a significant short-term obstacle. The downtrend is further supported by the breaking of a two-week support line, which is now a resistance level, and the calming uptrend of the MACD line. Additionally, the RSI line (14) has fallen to level 50, indicating the continuation of the downtrend. No information has been omitted from the original text.
Therefore, the EUR/USD quotes are set to test the confluence of the 1.0730 support level consisting of the DMA 50 and DMA 21 lines as traders start the important week.
Overall, EUR/USD is likely to fall further but the retracement range below 1.0730 appears to be limited.
EURUSD: Upward pressure continues!On Thursday, the EUR/USD pair is steadily progressing and is close to reaching the 1.0900 level before Wall Street opens. Investors remain optimistic as news related to banking has reduced and the aggressive monetary tightening case has weakened. According to recent news, Federal Reserve Chair Jerome Powell revealed the central bank's expectation of one more rate hike during a private meeting with US lawmakers, but this was before the banking crisis and had little effect on financial markets.
Inflation data from the Eurozone added to the positive sentiment as it indicated a further decline. The initial report on the Harmonized Index of Consumer Prices showed a 3.1% YoY increase in Spain for March, compared to a 6% increase in February. In the same period, the German HICP rose 7.8% YoY, down from 9.3%. Meanwhile, the final revision of the Q4 Gross Domestic Product in the United States remained at 2.6%, slightly lower than the previous estimate of 2.7%. Initial Jobless Claims for the week ending March 24 were 198K, which was below market expectations. Later in the day, attention will turn to the speeches of several Fed speakers and Treasury Secretary Janet Yellen.
The EUR/USD pair is trading close to its highest point of the day, and the daily chart indicates that it is consistently achieving higher highs and higher lows. It has surpassed bullish moving averages, and the Momentum indicator in the same timeframe is consolidating at positive levels. The Relative Strength Index (RSI) indicator is also showing a strong bullish trend at around 62. Based on the 4-hour chart, technical indicators are almost vertical and reaching overbought levels, suggesting a potential for upward extension. The 20 SMA is providing intraday support at 1.0830 and is widening the gap with the bullish 100 and 200 SMAs, which are over 100 pips lower than the former.
Support levels: 1.0875 1.0830 1.0790
Resistance levels: 1.0910 1.0950 1.1000