EURUSD HELLO everyone I am currently looking at the eurusd. looking at this pair I can say I shall expect great sell after it correct with short buy then impulsive move to the downside. tell me what you think
Eurusdtrend
Special Guest Intro / March NFP Top-Down Analysis 🎨Hello Traders! Today we were fortunate enough to have the ShrewdCatFx Illustrator make an appearance on the Air. Yes, it is that time of the month for NFP data!
0:0 Special Guest & Monthly Timeframe/NFP Expectations
2:32 Weekly Timeframe
3:43 Daily Timeframe
6:20 4Hr timeframe
8:27 1Hr Timeframe
Numbers are expected to decrease over the prior period but growth is expected overall as 198K jobs are forecasted to have been created in February. The figure from ADP on Wednesday missed expectations slightly as 149K was expected and 140K was the actual figure. If the data tomorrow is better/more than 198K, then I'm anticipating a partial retracement of the increase we've observed so far this week. (Up 120 Pips this week)
If the Data is close to what is forecasted (198K) or falls short of that number, then I anticpate a strong continuation move to the upside towards 1.09729 Daily Level and 1.09828 4Hr Zone. We may even moon towards the Monthly level 1.105. Otherwise, favorable numbers will cause a retracement (as previously mentioned) back towards 1.09039 4Hr Zone and 1.08834 Daily Level.
Mid-Week Analysis of EurUsd / NFP Week 🛰️Hello Traders welcome back to another Video Analysis of EurUsd.
NFP week typically never disappoints with volatility an big volume moves in the market. Today we observed a nice move to the upside that coincided with the Fed Reserve speech during NY session.
0:0 Monthly timeframe/News/Intro
1:40 Weekly timeframe
3:32 Daily timeframe
5:58 4Hr timeframe
6:41 1Hr timeframe
Initially the 4hr candle closed with no top wick. Price consolidated for an hour prior to the Jerome Powell speech in which we observed solid volume and a 30 pip increase to the upside. We broke the previous Monthly candle's high which is quite bullish. Our next targets for Longs include the next 4hr zone 1.0926 and 1.095 Weekly resistance level. For Shorts we would like to see a break and close below 1.0895 1hr/4hr support zone. From there a retest would be a nice entry as price could retrace back towards our daily level 1.08834 which was our Daily resistance.. and now could act as a Daily support area for further Longs as the week progresses.
EURUSD Pair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves
Bullish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure
Fibonacci Level - 61.80% / 78.60%
💡 EURUSD: Forecast March 5EURUSD recovered significantly in the past session from the support area of 1.08. Overall developments are still favorable for the buying strategy. You continue to hold existing positions, the target is still around the threshold. 1.09 and 1.10.
💡 EURUSD: Forecast March 4EURUSD recovered strongly after approaching the 1.08 resistance threshold, a triangle-shaped accumulation area is forming, you need to pay attention to this model, if it breaks above, it will be a signal of consolidation. Check for previous bullish signals. Currently we still have long positions, with a stop loss below 1.08, you continue to hold these positions, the target is 1.09 and 1.1 respectively.
EurUsd Buyers battle @ 1.086 4Hr Zone ⚔️Hello traders welcome back to another Analysis.
//// 0:0 Monthly/Introduction
1:06 Weekly Timeframe
2:24 Daily timeframe
2:58 4Hr timeframe
4:15 1Hr timeframe
//// We have upcoming (USD) PMI manufacturing data during the next NY session to look out for. It is expected to expand overall but decrease slightly from the last data point. Coming out of last Friday and during Monday's price action we observed Risk on sentiment with the Eur being favored. Maybe this will come to a halt, and during today's price action we will see a retracement back down with the positive expected USD data. If Risk-On sentiment continues, a candle closure above 1.086 on the 1hr and especially the 4hr may confirm solid long orders up to the next daily level (1.0888).
Eur/Usd March 24'... Risk on Sentiment? 🕶️Eurusd new monthly candle! The February monthly candle closed a bearish doji candle. This suggests that we may continue a bearish descent from the January monthly engulfing candle. At the same time it appears that price is respecting Weekly level 1.0763 and there is Risk-On Sentiment in the markets following optimistic Cad inflation data from 2 weeks ago. Apologies if this analysis was a bit scattered and have a nice day! 0:0 Intro and Monhtly timeframe
1:50 Weekly timeframe
3:31 Daily timeframe
3:51 back to Monthly to explain new monthly candle potential
5:10 back to daily timeframe
6:53 4Hr timeframe
8:16 1Hr timeframe
Attempted a brief analysis but ofc it ran longer than I would've liked :)
EURUSD Analysis for a Positional Trade with amazing Reward
We have a Fresh Weekly Demand and a Fresh Weekly Supply areas formed,
Now Price has just reacted to the Weekly Demand and post a Confirmation in lower timeframes in the Upward direction(In the direction of the Trend), we will buy with a defined risk.
We see that the previous High is violated and a potential 4H Demand has formed, now there are two possibilities either this 4H Demand will take the price till its Weekly Supply in the opposite or this 4H Demand will be violated. Lets check the Reward to Risk ratio of this 4H Demand, as per the statistic anything above 3:1 is a good opportunity and any FII wouldnt miss such Trades.
Here is the Trade with a Reward : Risk ratio of just a little more than 6:1.
Thank You and ENjoy the Ride ! ! !
EURUSD: The Euro edged higher ahead of the eurozone CPIIn Europe, EUR/USD traded 0.1% higher at 1.0813, ahead of the release of eurozone CPI figures for February, which are expected to show another reflation in the region .
Data released on Thursday showed consumer prices fell slower than expected in France but faster than expected in Germany. Economists are expecting annual growth of 2.5% in February, down from 2.8% in January.
ING added: “A deviation from expectations could cause short-term fluctuations in eurozone and eurozone rates, but would not really have a major impact on the story told by Christine Lagarde and the Council The governor will repeat it next week.”
The European Central Bank meets next week and while no policy changes are expected, the bank could hint at an interest rate cut later this year.
EURUSD LONG TRADE SETUP in the starting of this week we should eyes on the majors pairs movement
in this chart you can see good bullish formation for medium term long trade
from the level 1.0800 you can take long for target 1.1050
the most important support range is looking as 1.0800 level and we can hold this trade for 150-200 pips
EURUSD Pair : EURUSD ( Euro / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
RSI - Divergence
Fibonacci Level - 50.00% / 61.80%
Completed " 12345 " Impulsive Waves and " A " Corrective Waves
EURUSD next weekFX:EURUSD : on the daily chart we have a Market Structure Shift (MSS). we can clearly distinguish the beginning of a retracement which will come to an end in two scenarios. the first scenario is the blank one that the market will try to hit the lower liquidity by beating the gap. the second scenario will instead bounce on the first lower gap attracted by the strong upper liquidity. in my opinion, everything depends on the strength of the dollar, I suggest monitoring the DXY for a probable entry into the market
March Madness Eur/Usd 🚎The weekly candle will do 1 of 2 things today.
It will 1) pull up and continue our bullish momentum from last week ( which is quickly becoming distant)
or 2) Retrace back down towards 1.074 weekly level which we bounced strong off last week with optimistic Cad data as our catalyst
0:0 Intro Monthly/Timeframe
0:58 Daily timeframe
3:43 Weekly timeframe
5:43 4Hr timeframe
6:07 1hr timeframe
Eur/Usd silent commentary analysis 📻2 Hours after London Close 2/28/24.
Eurusd we observed a wild day of volatility as a large 50 pip bearish move during london session was duly corrected by a Bullish New york session. Price moved away from our Daily resistance level 1.0885 today and pulled back as the monthly candle comes to a closure. This is not abnormal to observe when the monthly candle closes.
GDP Preliminary numbers contracted today and missed expectations of 3.3% Q/Q. It was 3.2% so a difference of .1%. This was enough to cause a sudden 4 pip drop followed by an 8 pips increase in 2 minutes. This was a catalyst for the bullish sentiment all morning for the Eur/Usd ad therefore the Eur.
Key levels and session behavior described in more detail in the video.
Bullish momentum is over? 📊Eur/Usd happily continued it's acscent and bullish market structure played out nicely . Anticpating this bullish move back to retest the high created from last week (1.08566) has been modest. It is possible that we may continue to the upside and retest other key price levels such as 1.08722 and 1.0888. If price breaks below 1.08428 we may drop back into a range and price may reach across the clean traffic range to 1.08166 . A 27 Pips range.
Eur/Usd Top Down Analysis Feb 24'Eur/Usd! The reaction off 1.08927 was quite dramatic last thursday and friday.
Intro/Monthly TF 0:0
Weekly Timeframe 4:05
Daily timeframe 6:29
4hr timeframe 9:29
1Hr timeframe 11:33
Price has retraced and since dipped into a 4hr zone 1.08011. It bounced here on friday and the price action consolidated after that. It is possible that we may observe more sideways movement before another continuation. I liken a continuation for buyers because of sentiment moving out of last week due to cad news. It is quite normal to see a reaction off a daily zone like we observed on thursday and friday and it could very well be just a pullback in an uptrend. Caution however!
Not Financial Advice.
Education Purposes Only.
Major Events in Euro Area and US on Friday Major Events in Euro Area and US on Friday
Friday is a significant day with Euro Area Consumer Price Index (CPI) and US Personal Consumption Expenditures (PCE) data on the radar.
Euro Area inflation likely eased to 2.5% in February, and the official report is expected on Friday after a rush of local economic data from the Euro Area. The European Central Bank (ECB) is grappling with the challenge of bringing core inflation down from 3% to 2%.
While the market previously anticipated rate cuts to begin in April, the ECB, emphasizing data reliance, has prompted market adjustments, pushing the expected first rate cut to June.
In the US, the focus this week is on the PCE data. The day before, we do get Q4 GDP second estimate. But unless it is adjusted significantly, this will likely not have an impact.
Anticipating comparable rate cut trajectories in both economies, the dollar could potentially make up recent losses against the euro, particularly if January's PCE data exceeds estimates, thanks to its superior interest rate differential.
Thursday witnessed a surge that touched the 50-day simple moving average (SMA) before a subsequent retreat. Looking at the short term, technical indicators on the 4-hour chart hint at a potential upward bias. EUR/USD is presently trading above all its moving averages, and the 20 SMA appears poised to surpass the mildly bearish 200 SMA.
EURUSD: Long to 1.09160Hello everyone we see the chart of EURUSD . I expecte reach the 1.09160 and starat to correction
entry : Any floor placed on the trend line
tp : 1.09160
sl : 5% below the entry
EURUSD - Sell scenario ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we have the same scenario as on GOLD, we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block.
Like, comment and subscribe to be in touch with my content!
Eur/Usd Review - Cad CPI Change of SentimentHello traders welcome back to another detailed analysis of the Eurusd currency pair. This week was bullish and quite volatile. Cad inflation news on tuesday was a catalyst in my opnion for a chnage of sentiment in the currency markets. At the very least, it sparked decent volume and a selloff in the USD.
Leave a rocket if you enjoyed the video and comment for more analysis.
EURUSD SELL THEN BUY ??Head and shoulder on keylevel + rejection on supply zone + break of trendline
the market is likely going to drop DXY also wants to go up after the drop it is possible that the price will go up again if we see a reaction on the highlighted zone on a higher time frame the martket formed a double bottom and broke neckline if the bearish scenario occurs the drop will turn the double bottom into an inverse hs which can push eur usd up
alot of economic events coming next week trade safe !!
Eur/Usd Friday Today we can observe the end of the week. Price action was uncertain this during London session. At NY open 1hr candle we recieved a candle closure above the consolidation from London session. This suggests a breakout to the upside as we mirror clean traffic candles to the left and head towards 1.08534.
If not, then it is friday and the weekly candle may pull back down into the range to end the week. At that we would be heading back towards 1.0805 with the next 4hr candle.
