EURUSD pair!! What can we expect from its trend in the coming weeks? It's common knowledge that the euro has strengthened significantly since March 3rd, as the chart clearly shows. What has this been due to? Multiple factors (Trump, USD technical decline, tariffs, manipulation, etc.). But what's important for a trader? Knowing the direction in the coming weeks. If we look at the surveys (shown in the chart), 90% of traders believe that the EURUSD will go down. And us? What do we think...
---> Let's analyze the chart to think mathematically and forget about surveys and people's opinions because that's how a profitable trader should think, like a bot!
Mathematically, it's clear: BEARISH in the long term and BULLISH in a RECUMBENT PHASE or LOSING STRENGTH in the short term. In the chart above (H4), we clearly see that the trend is bullish, but that it has begun to retreat and break through key support zones. And if we look at the chart below (H1), the price is entering a POSSIBLE TREND CHANGE ZONE! If it breaks through the gray zone, the EURUSD WILL DROP STRONGLY!
With this data and the SURVEY... What would you think as a TRADER? That the EURUSD WILL DROP IN THE COMING WEEKS, and therefore, we must be prepared for possible short entries.
---> But is this opinion reliable yet? From my point of view, when the trend on the H1 chart turns bearish (Bear), I would enter short without hesitation, but NOT BEFORE! The volatility due to tariffs can MANIPULATE MATHEMATICS and therefore give us FALSE SIGNALS. And the fault won't lie with math, but with market manipulation, because math works perfectly in a stable market, but when there are people (Mr. TRUMP) who manipulate everything, ANYTHING CAN HAPPEN IN A MATTER OF HOURS OR MINUTES :-).
In short, we clearly see a BEAR PHASE in the EURUSD, which is also in favor of its weekly trend, so it could be strong and take us back to the 1.05000 zone.
Best regards, and I will update the PAR information in the coming days.
---> Let's analyze the chart to think mathematically and forget about surveys and people's opinions because that's how a profitable trader should think, like a bot!
Mathematically, it's clear: BEARISH in the long term and BULLISH in a RECUMBENT PHASE or LOSING STRENGTH in the short term. In the chart above (H4), we clearly see that the trend is bullish, but that it has begun to retreat and break through key support zones. And if we look at the chart below (H1), the price is entering a POSSIBLE TREND CHANGE ZONE! If it breaks through the gray zone, the EURUSD WILL DROP STRONGLY!
With this data and the SURVEY... What would you think as a TRADER? That the EURUSD WILL DROP IN THE COMING WEEKS, and therefore, we must be prepared for possible short entries.
---> But is this opinion reliable yet? From my point of view, when the trend on the H1 chart turns bearish (Bear), I would enter short without hesitation, but NOT BEFORE! The volatility due to tariffs can MANIPULATE MATHEMATICS and therefore give us FALSE SIGNALS. And the fault won't lie with math, but with market manipulation, because math works perfectly in a stable market, but when there are people (Mr. TRUMP) who manipulate everything, ANYTHING CAN HAPPEN IN A MATTER OF HOURS OR MINUTES :-).
In short, we clearly see a BEAR PHASE in the EURUSD, which is also in favor of its weekly trend, so it could be strong and take us back to the 1.05000 zone.
Best regards, and I will update the PAR information in the coming days.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.