Personal opinion on EURUSD pair🔆 Key factors affecting EUR/USD include:
👉Yesterday's CPI (inflation) index, which will strongly affect the USD.
👉If inflation is higher than expected: The Federal Reserve (Fed) may maintain high interest rates for a longer period of time, causing the USD to strengthen and EUR/USD may fall.
👉On the contrary, if CPI is lower than expected: The Fed may ease policy, pushing the USD down and helping EUR/USD rise.
🔆Geopolitical situation:
👉Trade tensions and conflicts in Europe may affect the strength of the Euro.
👉If instability increases, money flows may shift to the USD, putting downward pressure on EUR/USD.
🔆In short:
👉EUR/USD is in the accumulation phase, signaling strong volatility ahead. Traders should be cautious and wait for a breakout signal to determine a clear trend. Follow PPI news from the US today to predict the next movement more accurately.
🔆 Plan:
Price Zone Setup:
👉Buy EUR/USD 1.0345 – 1.0360
❌SL: 1.0300 | ✅TP: 1.0400 – 1.0440
Shorteurusd
Which way will the Eur/USD pair go?EUR/USD Market Update:
🔆The US dollar continued to strengthen amid ongoing developments in President Trump’s tariff policies. While the widely debated 25% tariffs on Canadian and Mexican imports have been postponed, the 10% tariffs on Chinese goods remain unchanged. The lack of clarity and uncertainty from the White House initially led investors to unwind their long positions in the dollar early last week.
🔆However, the greenback regained momentum over the weekend after President Trump announced plans to introduce a new 25% tariff on all steel and aluminum imports into the US, in addition to the current tariffs on these metals.
🔆Investors are now closely watching Fed Chair Powell’s speech today. In the past, the Fed has maintained a hawkish stance amid concerns over Trump’s trade and fiscal policies. Meanwhile, the ECB recently cut interest rates by 25 basis points in an effort to address slowing economic growth and persistent inflation above its 2% target.
Personal Insight:
🔆The euro faces significant headwinds. A robust US dollar, diverging monetary policies between the Fed and the ECB, and internal challenges within the eurozone—such as Germany’s economic slowdown—could all put downward pressure on the single currency. While short-term rebounds are possible, the euro’s long-term trajectory remains uncertain, especially as global trade tensions, including those involving the EU, continue to unfold.
Technical Outlook:
🔆Analysis based on the RSI (4H) indicator, Fibonacci confluence trendlines, and key resistance-support levels.
Plan:
🔆 Price Zone Setup:
👉Buy EUR/USD 1.0330 -1.0345
❌SL: 1.0400 | ✅TP: 1.0300 – 1.026 – 1.021
What will be the next trend of EUR/USD ?🔆The EUR/USD pair is being influenced by a number of economic and political factors, leading to significant volatility in recent times.
🔆 Technical Analysis:
The EUR/USD pair is currently in an uptrend, with the price trading above both the 34 EMA and the 89 EMA, suggesting a bullish bias in the short term. The next resistance level is identified at 1.0530 as the 1.618 Fibonacci line intersects the resistance zone; if the price reaches this level, a corrective rally is expected.
🔆 Fundamental Analysis:
A trade war between the US and Europe could push the euro to parity with the US dollar. New tariffs from the US could further weaken the eurozone economy, putting downward pressure on the euro.
The US dollar is expected to maintain its strength against the euro as the US Federal Reserve (Fed) may cut interest rates more gradually than expected as President Trump's policies may increase inflation.
🔆 Conclusion:
The trend of the EUR/USD pair in the coming period will depend on the developments of the above economic and political factors. Forecast Traders should closely monitor key support and resistance levels, along with macroeconomic information and monetary policies from both sides to make appropriate trading decisions.
Thank you for reading my comment: "FM"
How EUR/USD is affected by President Trump's high tariffs ?Comment:
EUR/USD continues its downtrend. On the daily chart (D1), EUR/USD is in a long-term downtrend. Recently, the pair tried to correct higher but met strong resistance at 1.0340, after which it fell back.
On the 4-hour timeframe (H4), the downtrend is also clear. The recent upward correction stopped at the resistance at 1.0335. The trading plan on H1 favors short positions
Currently, the pair is consolidating at 1.0300. The market is waiting for the first policies of the new President D. Trump on Europe
Trump's tariff policy often creates a volatile trading environment for the EUR/USD pair. If D. Trump imposes high tariffs on European goods, the USD may benefit in the short term if investors seek safety. However, in the long run, if trade tensions cause more damage to the US economy than to Europe, the USD could weaken, creating an opportunity for the EUR to rise.
Thank you for reading my comment: "FM"
Short Eurusd - Targeting 1.02211Eurusd has been making continuous strides further down in price. The recent pullback to 1.04500 was rejected and indicating for me more movement to the downside, there was divergence of the RSI & MFI on the 4hr at that rejection level of price. If price continues to slide, I'll be looking to target a price of 1.02211. I'm currently in a short position at 1.04077, a nice 187 pips I would be looking to grab if price hits target. Patience is key! If you see anything different, feel free to share!
Short EURUSDI'll be looking to see the EURUSD go lower this month. The DXY has been steadily gaining since the beginning of the year, and it seems like that continuation is likely to keep at it. I'll be entering a short position and looking to take profit at the lows of Nov 1st of last year (1.05197). Let me know your thoughts on this pair, if you share a similar analysis or something different I'm open to see all sides. Good luck traders!
EUR/ USD!! 5/12/2023 supporting the DOWN trend⭐️ Smart investment, Strong finance
⭐️ EUR/USD INFORMATION:
The US Census Bureau released data on Monday revealing a 3.6% month-on-month decrease in US factory orders in October, following a 2.3% increase in the previous report. In addition, the Institute for Supply Management (ISM) reported that the US ISM Manufacturing PMI remained unchanged at 46.7 in November, falling short of expectations.
According to Federal Reserve (Fed) Chair Jerome Powell, the US monetary policy has been successful in slowing down the economy, as predicted, with the overnight interest rate now in restrictive territory. Although Powell emphasized the Fed's readiness to further tighten policy if necessary, market sentiment suggests that the rate-hike cycle has reached its conclusion. Consequently, this has put downward pressure on the US dollar across all markets.
⭐️ Personal comments NOVA:
The price area touches the downtrend line, Scalping during the day is a SELL signal
⭐️ SET UP EURUSD PRICE:
🔥SELL EUR/USD zone: 1.08500 - 1.08650 SL 1.09100
TP1: 1.08000
TP2: 1.07700
TP3: 1.07400
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Short EURUSD on Trend TurningEURUSD had definitely broken down the bullish channel over the past 2 to 3 weeks. It could be the European economic weakness and the strength of the USD after the resolution of the debt ceiling is driving the short EURUSD. That said given the current moves, the EURUSD might retrace first today before going down. Look at the short trade parameters.
EURUSD 6.5:1 ShortEURUSD is setting up nicely for a reversal after former a swing high at 1.09300. After creating a poor high yesterday markets, the pair looked weak going into close. I expect for the pivot at 1.08506 to act as resistance through Asia and Europe and for a reversal to take markets down to 1.07990 or the swing low at 1.07129.
EURUSD/SHORT Daily-4h Timeframe Setupoverall my directional bias for EU is short.
important area of resistance around 1.06200 which can act as liquidity area to dump price on lower levels.
meanwhile I'm waiting for my alert to activate for bigger risk to reward setup.
checkout last weeks profitable signals for
USDCHF
and EURJPY
EUR/USD Short-Term predictionHello Traders
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Selling euro and buying dollar and suchYes yes new week new trade. Bit of chaos leading up to last weeks NFP but here we are with more trades to take.
I hope you enjoy this position, and i hope I do too.
On another note, make sure to have a great day! It's summer here in Australia & the sun is out :)
Short EUR/Long USDEight Chains 1.002 printed a short EUR/long USD signal.
Eight Chains 1.002 printed a long USD signal on the DXY.
Thus, one should be short EUR/long USD with take profit targets of $1.01259 and $1.0038.
This is not financial advice. I am not your financial advisor. This is my opinion.
EURUSD Sell OpportunityI expect price to make a final bullish push, while ultimately respecting the area of resistance.
- On the monthly time frame price closed as a reversal candle stick, hinting that the previously bearish sentiment is reversing.
-I am longterm bullish on EU but after the bullish push on the daily timeframe, I expect a sell off/retracement.
- I am looking for price to form a bearish candle stick reversal pattern such as a double top or a bearish engulfing candle stick.
-Once one of those are created, I will look to enter a sell with a TP area of 1.01, which is also acting as support, previously resistance.