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Euro-dollar

EURUSD: Bullish Wave Continues! Where is the STOP?! EURUSD remains sharply bullish. The price keeps growing setting new structure highs. On a weekly we can see where bulls are aiming at: during the last 5 years, the price is trading within a gigantic horizontal trading range. 1.04 is the support of this range and 1.25 is its resistance. Right now the price is very close to the upper boundary of the range. It looks like bulls are willing to reach that soon. Only then we can expect a strong pullback and potential reversal, but for now, let it run.
Short
by VasilyTrader
10
EUR_USD When Will The Rise Stop? EUR_USD is in the rally for 8 months now With no end in sight, breaking through all possible resistance lines This was a result of the FED cutting rates to almost zero in march 2020 Which whipped out the positive difference between the interest rates Of Euro and US bonds, making the carry trade from EUR to USD pointless 700 billion QE and the Treasury Massive economic relief bills added fuel To a wave of the closing longs on USD. Thus, the rising Euro, and the falling Dollar However, there is a limit to this effect. Fundamentally,US economy is much healthier And will recover faster, when the pandemic ends Which will make the Dollar investments attractive again Relative to the permanently stagnant Europe Add to that the Global Dollar shortage And the fact that the same Treasury stimuli that initially added pressure on the Dollar Will boost the economy, while Europe, is barely launching its first recovery fund. All that taken together means that the Euro will stop rising in the mid term perspective And Start to decline back to the pre-pandemic levels In the long Run Technically, there is a strong resistance level Near the local high of 1.25000 So I think it might be the high of this rally too. Mid term-long Long term-Short Like and subscribe to never miss a new idea!
Long
by ProSignalsFx
3
EUR USD SELL (EURO - US DOLLAR)Hi there. Price is forming a reversal pattern to change its direction. These are the fundamental reasons for a possible EUR/USD bearish scenario: Sentiment shifts: Bearish scenario: A breakdown in US stimulus talks and a possible towards a government shutdown; FDA rejecting or postponing the approval of the Pfizer vaccine; a breakdown in Brexit talks with no deal by EU summit. In this scenario we would expect to see downside in equities across the board, with US equities expected to fall more if we see US stimulus talks break down and more downside for EU equities if we see Brexit talks collapse and upside in the dollar across the board. Strong equity sell offs are usually accompanied with some support for the US dollar as the world’s reserve currency and with its safe haven status as well as Japanese yen and Swiss franc.
by thunderpips
💡 Don't miss the great buy opportunity in EURNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.718). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURNZD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 75. Take Profits: TP1= @ 1.7280 TP2= @ 1.7358 TP3= @ 1.7445 TP4= @ 1.7612 TP5= @ 1.7770 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
8
EUR-USD What next? Two Scenarios in a new Channel! Hello, Traders! EUR-USD is now trading in a new channel And so far it seem like there are two potential scenarios 1- The pair will first go Up, to resistance, then Down to support 2-The pair will first retest support, and Only then go Up To retest the channel boundaries So far EUR-USD seems to be following the first scenario But lets see how things play out Like, comment and subscribe to boost your trading! See other ideas below too!
Long
by TopTradingSignals
1
EUR-USD next resistance ahead! Hello, Traders! EUR-USD is surging, defying all the technical analysis Which means that it is going up on fundamentals However, no tree grows to the sky And the next resistance is ahead of us I begins on 1.22222 with the high being 1.25211 I expect the growth of the Euro to Stop on this level At least for some time And that will give us a ton of great reversal trades! Like, comment and subscribe to boost your trading! See other ideas below too!
Short
by TopTradingSignals
3
EURUSD - Important Technical Analysis UpdateMidterm forecast: 1.1970 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 1.1600 on 11/04/2020, so more gains to resistance(s) 1.2165, 1.2330, 1.2555 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 76. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
by ForecastCity
16
EURUSD - Important Technical Analysis UpdateMidterm forecast: 1.1970 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 1.1600 on 11/04/2020, so more gains to resistance(s) 1.2165, 1.2330, 1.2555 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 76. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
by ForecastCity
12