Eurusdtrend
EUR/USD appears to be reversing, will it drop below 1.08?1.1080 appears to be a strong resistance for the Euro Bulls. There has been 3 attempts to breach this resistance,
yet the bulls have failed to break it. Price has dropped quite a bit since then. Looking at the price action in
the daily chart, it seems the trend has changed from bullish to bearish and we are currently in the reversal phase.
So, I would recommend traders to look for sell entries in EUR/USD. The first level of interest would be 1.0780. If price
breaks below this level we would see further decline towards 1.0530.
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 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 -> Top Formation And BreakdownHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that EurUsd is currently retesting and already rejecting a quite obvious previous weekly support/resistance zone exactly at the $1.11 level.
You can also see that weekly market structure and moving averages are still quite bullish; we have another support zone coming in at the $1.08 level which could definitely send prices higher so I am now just waiting for a retest of the support and then I do expect a next rally towards the upside.
On the daily timeframe you can see that with today's candle, EurUsd is actually breaking below a key uptrend trendline and EurUsd also formed a triple top at the $1.106 level, showing some bearish pressure so from a daily perspective I am now just waiting for a break below the next support zone and then I do expect a short term move towards the downside to then retest the $1.08 support level.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
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
Dixie might be primed for a bounceGreetings everyone,
There could be a temporary shift in macroeconomic conditions, as the dollar potentially strengthens. If this happens, it is likely that there will be downward pressure on stocks, cryptocurrency, and other high-risk assets.
I advise you to be cautious and maintain sufficient liquidity in such circumstances to ensure your financial safety.
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 ♥
EurUsd -> Don't Get Caught UpHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that EurUsd is approaching a quite obvious previous weekly support/resistance area at the $1.10 level which is now acting as strong resistance.
You can also see that weekly market structure is overall still bullish, moving averages are bullish too so I just do expect a short term retracement and rejecting away from the resistance to retest the next weekly support at the $1.08 level before I then do expect more continuation towards the upside from there.
On the daily timeframe it is quite obvious that EurUsd is still in a massively bullush market so I am now just waiting for a break below the previous daily support zone, followed by a retest and some bearish confiration before I then do expect a short term move towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
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.
EUR - Where to next?EUR - Where to next? $ OANDA:EURUSD FX:EURUSD
On the docket today is US Unemployment Claims - Which should shift the markets to either direction and at end of the week PMIs
EUR: Currently within range
Highs: 1.09992
Lows: 1.09095
A break of the highs I expect EUR to re-test the previous highs of 1.10555. However, if we are to break this trendline up and the range lows we are in, then I expect us to test the next support of 1.08510.
Have a great day ahead,
Trade Journal
EURUSD: Nice entry point!Policy rates are unlikely to have peaked at 3.00%
Largade & Co's decision to not take any immediate steps to address the current financial conditions is viewed positively. The rates and FX markets indicate a conditional path where policy rates are probable to remain below 3.00%. As a result, the EURO is expected to perform well against other currencies and may experience a significant rise due to the FED's pause.
EURUSD: Correction of the uptrend!US Dollar's position as the primary global reserve currency is being challenged
Over the past two decades, the proportion of the US Dollar in the global market has declined from 71 percent to 59 percent. There is a possibility that this share may decrease even further in the future. This situation adversely affects the United States since currency usage in global trade is a zero-sum game. Whenever a Yuan, real, or Rupee is traded on the global market, a Dollar is not. If other trustworthy alternatives become popular, it may compromise America's dominance in the global market.
EURUSD BUYHello, according to my analysis of the euusd pair. There is a high possibility of a rise, with the price retesting a very important support area. At the level of 1.09200. And a strong correction on the golden ratio of Fibonacci 61% for this corrective wave..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 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: Influence from USDUSD: Ugly inflation promises further flight to safety!
The Federal Reserve is concerned with increasing prices, which are not decreasing at all. The highest level of inflation is not even visible yet, and it is expected to be in the future. This confirms that the bank will increase interest rates by 75 basis points for the fourth consecutive time in its November meeting, with a range of 3.75-5%. Additionally, it indicates that the peak rate will be 4.8% by March, which is higher than the bank's previous projections. The anticipation of higher interest rates is causing stress in the global financial system, prompting investors to seek refuge in the US dollar.