Eurusdtrend
EURUSD: keeps gains near 1.1150Yesterday, the US Treasury yields fell, leading to a surge in stocks on Wall Street. This boost in risk sentiment further weakened the US Dollar. On Thursday, the US Producer Price Index report will be released, which could either confirm the soft inflation trend or reveal something unexpected.
Meanwhile, the European Commission is set to release its economic forecast and Industrial Production data for May, and the Eurogroup will have a meeting. In addition, the European Central Bank (ECB) will release the minutes of its latest meeting.
Considering recent market activity and the changing expectations of both the Fed and ECB, volatility is expected to remain high in the next session. This means that the pair could either see significant gains or experience major corrections, making it vulnerable to both scenarios.
Bull Trend Continues as EUR Dips Remain in the 1.10 Zone!I hope this email finds you in high spirits and enjoying the exciting world of forex trading! I'm thrilled to share some fantastic news that will surely make you smile. The bull trend in the EUR/USD pair shows no signs of slowing down, with EUR dips consistently remaining in the 1.10 zone across all time frames.
But wait, there's more! I predict this upward momentum will soon push the EUR into the coveted 1.11 zone. Isn't that remarkable? It's time to gear up and seize this incredible opportunity that lies before us.
So, what does this mean for you as a Forex trader? It's simple - you should continue to long the EUR/USD pair with confidence and enthusiasm! The market conditions are favorable, and the potential for profits is too good to ignore.
By capitalizing on this bullish trend, you can reap substantial rewards. Remember, success in forex trading often comes to those who dare to take calculated risks and stay ahead of the curve. Now is the time to be bold, embrace the positive market sentiment, and make the most of this exciting run.
In conclusion, my fellow forex traders, let's celebrate this remarkable bull trend and the promising EUR/USD pair performance. It's time to take action, stay optimistic, and continue to long the EUR/USD pair with confidence. Together, we can ride this wave of success and achieve our financial goals.
EURUSD Long Term Trading IdeaHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a short retracement and then to reject from bullish order block 1.09000.
Fundamental analysis: This week on Wednesday will be released monthly and yearly CPI on USD, as well on Thursday monthly PPI on USD. Pay attention to the results in order to validate the analysis.
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EURUSD and GBPUSD 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: The decline and impact of the USDThe EUR/USD pair experienced a rebound during the late American session on Thursday, but was unable to maintain stability above 1.0900. The upcoming June labor market data from the US has the potential to spark significant movement in the pair before the weekend.
The US Dollar gained strength against its competitors, causing the EUR/USD to drop below 1.0840 after positive data releases. The monthly ADP report revealed a noteworthy increase of 497,000 in private sector payrolls for June, while the ISM Services PMI improved from 50.3 to 53.9, indicating a surge in growth momentum within the service sector.
It is predicted that nonfarm payrolls in the US will rise by 225,000 in June, with the unemployment rate expected to slightly decrease from 3.7% to 3.6%.
EURUSD Double Top Chart PatternThe EUR/USD pair may face potential downside risks as a bearish outlook emerges, primarily due to the formation of a double top pattern on the 1-hour timeframe. This pattern typically indicates a potential trend reversal and suggests that the buying momentum may be weakening.
With the double top pattern in place, there is a higher probability of a downward price movement in the EUR/USD pair. The first target of 1.0840 indicates a potential decline towards that level, while the suggested stop loss at 1.0954 acts as a safeguard against further losses.
Looking forward to read your opinion about it!
Eurusd Pulls up to end the week 📺The Weekly candle has flipped bullish with NFP data as I outlined as a possible scenario in yesterday's publishing and appears to be now headed towards 1.096 Daily resistance zone( Also the other side of the daily range). We are currently above 1.091 daily resistance zone and closed at this level with the 4hr candle. The 4hr candle closed quite strongly bullish. We have done a retest at our previous 4h resistance zone(1.09) which has just acted as a support level 40 minutes ago. We are seeing a bullish push to end off the week here and I think it may continue towards 1.0936 and 1.096 Daily resistance zone. We are consistently holing above 1.091 daily resistance zone and the 4hr close has given us confirmation that we may continue up. We have now gotten 2 1hr candles and 1 4hr candle close above 1.091 daily resistance zone. It may act as a support now after we have recieved candle closure confirmation on the 1hr/4hr timeframes.
I was originally looking for sell positions on Eurusd with NFP. Instead we saw that —> 1) I Identified that NFP data was expected to decrease overall from the prior period ( Not a positive for USD) 2) The data was worse than what was forecasted by analysts' ( Not good for USD) 3) Price printed a strong daily candle closure back inside our daily timeframe range with yesterday's daily candle. Our daily timeframe range being between 1.085-6 Daily Support and 1.096 Daily Resistance
1 Trade today. Buy Stops with NFP
Explanation :
So price created a Daily resistance zone on Monday. On Tuesday it respected the daily resistance zone and moved down accordingly. I placed my buy stop position above this high of Tuesday's price. One position closed for +8 Pips, Other position closed for +9.3 Pips 💰. My target was the next 1hr resistance zone as we noted in yesterday's publishing at 1.0936. I secured partial positions and extend my Take Profit to 8-10 Pips during news trading and Lowered my position size accordingly.
Data
Thoughts on Eurusd Prior to July NFP!📢Another video reflecting on what's occurred in the last 24 hours, our current key level's, and thoughts prior to July NFP data. In the previous publishing I talked about how we should anticipate a pullback from the lows of structure. Price did indeed pullback for 1.08370 4hr support zone and did so throughout london all the way back to our key 1.09 4hr resistance level. With New york session open ( which was accompanied by ADP and Unemployemnt cliams data) price did a continuation of our previous downtrend on the week. I outlined yesterday that the market often uses Red folder news releases as a catalyst for a continuation of momentum. Throughout the week it's easy to identify that we've had bearish pressure and no wonder this is what we observed. It appears though that players took profit and price once again pulled back up from the lows of strucutre after we saw a continuation occur with news. What a volatile day it was today with plenty of opportunity. Expected nothing less of another Thursday in the markets. I did not participate since I've already reached my goal on the week but it is quite fun to observe from the sidelines.
What to look for : If price pulls up towards 1.09 and 1.091 daily resistance level, observe how candle's close around there. This may clue us on what may occur with NFP. As the weekly candle pulls back up on thursday and once again back into our daily range, I can see a potential increase for Friday's candle to end the week. Price looks like it's squeezing on the Daily timeframe and we may be awaiting an increase back to 1.096 daily resistance and 1.1024 in the coming day and moving into next week.
If price pulls down and then back up prior to nfp data , I may be looking to set a sell stop with NFP data.
EURUSD (waiting for the NFP report)EURUSD
The markets are waiting for the NFP report that will be released, which is the non-farm payrolls report in the #USA today at 3:30 #KSA.
As a general rule, if it is higher and the unemployment rate is lower than expectations, the result is positive for the US dollar, otherwise the impact is negative.
Pivot Price: 1.0894
Resistance prices: 1.0910 & 1.0938 & 1.0965
Support prices: 1.0871 & 1.0860 & 1.08314
timeframe: 4H
EURUSD: holds lower ground near 1.0900?The EUR/USD bounced back above 1.0900 after weak US data was released during the American session. With US holidays on Monday, the market is expected to stay calm. However, the Greenback is losing its strength and upcoming employment data and the release of the FOMC minutes will be crucial in determining its direction.
On Monday, economic data revealed a downward revision in the Eurozone June Manufacturing PMI, with the headline figure dropping from the initial 43.6 to 43.4. The Service sector data will be published on Wednesday. Despite the weak numbers, the European Central Bank (ECB) plans to increase interest rates at the next meeting on July 22, as inflation remains high. Additionally, the likelihood of another hike in September is over 50%.
Thursday Daily Candle Incoming 🤯--> Continuation ( 6 minutes video 😎 ) As We approach the end of the week, We may observe alot of momentum! My mentors always told me that the market is setting up early in the week. The avalanche later in the week will provide plenty of opportunity for the disciplined trader to implement a trading system.
Price was at 1.08892 during our last publishing 24 hours ago. Price consolidated during Asian and London Sessions before gaining enough liquidity to see a breakout to the downside. Price is currently headed towards 1.08384 where we may see a bounce as we head into london session. If not then price is headed towards 1.081 4hr support zone as our next bearish target. Price has confirmed a breakout to the downside and I'm anticipating a pullback before my sells. If not then I anticpate a pullback with our 4 news releases tomorrow durng new york session. We could see all three sessions be bearish and it s thursday so I wouldn't be surprises. Must keep this in mind and plan for every scenario. I've outlined that good pullback prices look to me to be arouns 1.08628-1.0875
I've already met my weekly goal of 2% and I am quite a happy camper. 2 Weeks ago I recall I was up about 2.5% (.5% more than my goal) and I trade on a friday where I proceeded to give back 1/3 of my profits on the week. What a sour taste it left in my mouth to end off the week! Don't want to do that again so I will be publishing ideas and content for my channels to end off the week.
If you enjoyed the Video Analysis, please let me know by leaving a Rocket or comment!
-- ShrewdCatFx
EURUSD - NEW BEARISH MOVE📉Hello Traders👋🏻
The EURUSD Price Reached A Support Level (1.09048.120-1.08709) !
Currently, The Price Broke This Key Level (Support Level Becomes New Resistance Level)
Moreover, The Support Line is Broken and Retested
So, I Expect a Bearish Move📉
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TARGET: 1.07910🎯
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Eurusd Multi-timeframe Analysis 1W -> 1Hr ( Video 📹) Hello traders,
Welcome to this free Multi-timeframe analysis. Eurusd is the only market I trade and I thought that maybe I can bring more value with this educational video analysis.
Eurusd has low volume coming out of the bank holiday as expected. Do not blink though because we have a full plate of fundmanental news to end off the week with fed meeting minutes being released during late NY session tomorrow. With the Lack off bottom wick we can observe on the previous Daily candle I see another increase on Eurusd towards the top of the daily range (1.096) as long as we can stay above 1.086 Daily support level. If I'm going to be honest, zones are looking a bit messy to the upside when we get around 1.092. With have a very nice 36 pips range to fill to the downside to 1.08382 4hr support zone if our Daily support doesn't hold. We must keep in mind news can take price anywhere despite the messiness and cluster of our zones. So anything can happen and we must be preprared for both scenarios.
This was my previous publishing of Eurusd prior to PMI data release on Monday. (One of the scenario's pointed us back towards 1.08761 1hr Zone) Current price 1.0884