Get started

EURO-USD

EUR/USD:SELL From Breakout Trendline and PMI Data <50 pt SHORTEUR/USD yesterday the positive news about the USD Unemployment Claims pushed the EUR downwards and today the price may continue to drop more after the breakout of the dynamic trendline to the 1.0500 value. Today the S&P Global Composite PMI shows a value below 50 points showing contractions of private sector manufacturing and services companies. Following the economic data plus the technical analysis scenario, we are looking for a new bearish impulse by the EUR.
Short
by FOREXN1
12
EUR/USD:BUY From 1.064 Level For A New LONG Setup EUR/USD take advantage after the bad news released yesterday for the USD with a strong bullish impulse as predicted. Today the Markets will have another strong shaking by the release of FOMC Economic Projections, USD FOMC Statement, USD Federal, and the USD FOMC Press Conference. The bias is about a new bullish impulse for the EUR and a Bearish momentum for all the USD pairs and correlated. Technically the EUR/USD it's inside a Bullish trend and the price may take again advantage today continuing another bullish impulse.
Long
by FOREXN1
10
EUR/USD:BUY From Support Level Waiting USD PPI News Release LONGEUR/USD yesterday takes our take profit and today the price may grow more if the USD economic data about the Core PPI m/m and the PPI m/m will show a deceleration of the services and finished goods sold by producers. About the Technical analysis, today the price that is making Higher-highs and Higher-lows seems to have a Pullback on the 1.05500 Area inside a bullish rally. Our Bias is about a new Bullish impulse.
Long
by FOREXN1
25
EUR/USD:BUY From SUPPORT Waiting the The ISM Services PMI LONGEUR/USD in a strong bullish rally today open the market with a reversal on the previous support area where the price by the confluence with the presence of the 50 moving average plus the 38.2% FIBO level can find the right pullback to continue his rally. Risk appetite strengthened noticeably last week as investors grew confident that the Fed could curb inflation without plunging the U.S. economy into a deep recession. Fed Chairman Jerome Powell signaled Wednesday that the time to moderate the pace of rate hikes might come as soon as the next meeting in December. The PCE consumer spending price index and ISM manufacturing index, released Thursday, confirmed the Fed's success in controlling inflation. However, Friday's strong labor market report spoiled that favorable picture. Stocks in the U.S. and Europe went sharply negative on the release of the jobs data, U.S. Treasury 2-year note yields jumped 13 bps to 4.35%, and 10-year bond yields rose 9 bps to 3.6%. The dollar index, which fell to its lowest since June 28 at 104.37p before employment statistics were released today, bounced back above 105p. The ISM Services PMI today will be crucial to understand the scenario about EUR/USD
Long
by FOREXN1
12
EUR/USD:BUY From SUPPORT Area 61.8% FIBO For a LONG Setup EUR/USD in the last hours had a Pullback on the previous support area where the Confluence of the Support plus the dynamic trendline and the 61.8% FIBO Levels can be a good point for the price to continue its rally in the upper side of the chart. Today the ADP Non-Farm Employment Change and the JOLTS Job Openings with negative forecast for USD can help the price to grow in its favor. We are looking for a new Long impulse.
Long
by FOREXN1
18
EURUSD: Detailed Technical Outlook For Next Week 🇪🇺🇺🇸 Hey traders, EURUSD is approaching a key daily structure resistance again. Taking into consideration that the market is trading in a minor bullish trend since September, I believe that chances will be high to see a breakout attempt of that. If the price breaks and closes above the underlined resistance, it will push the market higher. Next goal will be 1.058. Alternatively, you can consider the underlined resistance for local shorting. Wait for a confirmation on lower time frames first though. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
11
EURUSD The road to recovery above 1.1000EURUSD was rejected last week on the 1D MA200 (orange line) and just below the 0.5 Fibonacci level. After the initial break above the Lower Highs Resistance of February 2022, it made the first bullish step for a long term recovery and established a new Higher Lows Support. The RSI is overbought so a pull back to gather momentum and buyers near the 1D MA50 (blue line) and the Higher Lows Support is technically plausible. If successful, we expect a Higher High on the 0.618 Fibonacci level and Higher Low on the 0.382 Fibonacci level before finally reaching 1.1000 just below the 0.786 Fibonacci level. If the pair manages to achieve the closing of a candle above the 1D MA200 first, then the recovery may be even more aggressive, targeting first the 0.618 Fibonacci then the 0.382 as a Higher Lows and eventually 1.1000. Which path do you think it will follow? Follow us, like the idea and leave a comment below!!
Long
by TheCryptagon
EURO Headed To Parity Again? Most Likely!Yes it seems the EURO is likely headed towards the parity mark and possibly lower shall the demand zone/support marked on the chart break . Well on 4H timeframe it has already broken, however with markets we need extra precaution, therefore the main criteria for this trade to be valid, we need the daily candle to close below the marked level as well. After this a short trade can be executed with a minimum risk to reward ratio of 1:1. Have a look at the main chart to observe the full technical picture behind this idea. Trade Safely & Cautiously.
Short
by FX618Analysis