EURUSD - AnalysisEURUSD
W1 - The price has been in an upward channel since March.
There was a breakdown of the lower border of the channel, after which you can count on a return to the upper border and consider long positions to the level of 1.13820
Cancellation of this movement may be in the case of fixing the price of the lower level of the channel and retest for further fall. in this scenario, it will be possible to wait for the price to fall to the levels of 1.01995
What can be expected now?
If fixing behind the level does not happen, the nearest target is 1.11180 and further movement to 1.13828
If the level fixes, the nearest target is 1.04689 and the movement continues until 1.01995
Long
Targets 1.11180 - 1.13828
Medium term - targets 1.08271 - 1.09911 - 1.11424
Short
Targets 1.04689 - 1.01995
Medium term - targets 1.05598 - 1.03903 - 1.01161
Eurusdweekly
Top Down Analysis for EURUSD - Q4The multi time frame analysis is in the updates below the main Idea.
Since we have flipped bullish on the higher time frames, I'll give my big picture view on EU. I look at the timeframes like a gearbox or transmission. The H4 is a gear that, on one revolution will turn the H1 gear four times and the H1, in turn will turn the M15 four times and so on all the way down to the micro time frames. I think that having a grip on all of the relevant time frames is good for forecasting. I believe that once we smesh this H4 supply zone we will have a bullish monthly internal trend, a bullish weekly internal trend, a bullish major daily trend and bullish major H4 trend aswell as the H1 and M15 also being bullish. September and Q4 are looking, well... ching ching!
The last time I did a thorough analysis like this it was flagged by Tradingview, sadly due to my shameless plugging! So I will behave!
How To Use Time Frame Combination For Swing Trading OANDA:NZDUSD
OANDA:EURUSD
Hello Traders,
This video will show you how to use time frames and combine them for swing trading from a higher time frame to a lower time frame.
I use recent NZDUSD and EURUSD move to frame swing trade opportunities from a higher time frame to a lower time frame.
I hope this video helps you.
Don't forget to give me a like and a follow for future updates.
If there is anything you want me to cover, drop a comment on it.
The European Central Bank continues to raise interest rates
Although the eurozone economy is not satisfactory, the European Central Bank's interest rate hike expectations are expected to give the euro some support.
HSBC expects the European Central Bank to raise interest rates in June, July and September
The eurozone PMI data showed a good pace of expansion, but perhaps the most interesting aspect of the data was the increase in the service sector output price index while the input price index fell.
That is, companies have greatly increased prices when the growth of input costs has slowed.Nevertheless, the historically high input prices mean that core inflation will remain on trend, which has prompted the European Central Bank to now expect to raise interest rates in June, July and September.
EURUSD is currently at 1.0774, and the important short-term resistance is 1.0845-1.0850
Trading strategy:
EURUSD:buy@1.07610-1.07640 tp:1.07710-1.07740
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. If you need signals, join me as soon as possible!
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- As of last day, the MARKET SENTIMENT for EUR was slightly on the DOWN SIDE. The main reason for that is that the dollar started getting stronger because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
- Definitely, according to the market structure, EURUSD can go down to the support level of 1.0619 below. At the moment, there is quite a down side bias in the market for EUR.
- Before that, EURUSD can go up to 1.0970 LEVEL according to the structure. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going DOWN, there will be more EURUSD SELL. So keep an eye on it.
EURUSD WEEKLY ANALYSISHey traders we can see that this FX:EURUSD is on a bullish trend
and as we can see price has come down for a retracement at the 1.07500 level and it is already rejecting that level so could anticipate that price will continue to push to the upside after that but if price breaks bellow and closes below that level we could be seeing this pair heading to the down side strongly
🧅EURUSD 2023 forecastFor 2023 as a whole, inflation was forecast to be 5.6% within the eurozone and 6.3% across the entire EU.
Inflation peaked last October at 10.6% in the eurozone but has been falling since, reaching 8.5% in January.
The EU believes that falling gas prices, partly as the EU secures alternative sources of supply and compensates for the halt of Russian imports, explain this
but it warns that pressures on the prices of other goods is less likely to decrease.
"The decline was driven mainly by falling energy inflation, while core inflation has not yet peaked," the Commission said.
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
source:
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EURUSD WEEKLY BIASEURUSD LAST WEEK has shown a bullish strength on mitigation of a Demand Zone and also hitting of 1.05000 Round Number.. Thereby Causing A break of a Minor Structure at 1.06000 Round Number . So this week I look Forward to a return to the Higher Probability Demand Zone to continue its Push Up
EUR/USD WEEKLY CHART STILL GOING DOWN???Hi TRADERS we are looking at EUR/USD for the new week ahead
EUR/USD as we can see it has head and shoulders on the weekly area are we still heading down?????
I am still bearish on this pair, i think a correction on lower TF and we will see a nice impulse to downside
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please follow like and comment thanks
EURUSD 1WWhen trading any pair its important to scale from higher timeframes to lower timeframes. In this case ive made a TA on the EURUSD on the 1W timeframe. It is currently retesting the upper trendline of the weekly descending channel, but before it created a kind of Head And Shoulder pattern with a beautiful retest.
Enjoy!
EURUSD movement for weekly (31 Aug - 06 Sep 2021)Hellooo...My Dragon Friends
I see EURUSD will move to our trend to 1.19XX.
but will break the trendline (little one) will have some retracement.
may be create right shoulder, inverter SHS pattern
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer On
EURUSD OutlookIn our previous analysis we mentioned that a break out of the falling wedge was imminent, if price failed to give us opportunities to go short. Price has indeed broken out. We are expecting price to give us one of the following in order for us to go long:
1. Wedge resistance retest and continue up, Take profit as marked on the chart. Price action will dictate if our TP will be revised to the next key area.
2. Price completes the inverted Head & Shoulders before bulls taking over. Take profit will be as mentioned above.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Exercise proper risk management and own discretion.
#TradeLikeMagnatrio
EURUSD ForecastEURUSD Forecast
- Though there's upcoming potential pullback down move for EU but still there's plenty of room for EU to go up, dont attempt to sell EU this week
- only look for sell setup when it reach range level around 1.21500
- meantime will wait for opportunity to buy instead if good setup given but need further confirmation
Stay tune if you want quality analysis!