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EURO-USD

EURO U.S. DOLLAR FXCM : EURO BREAKOUT & USD BREAKDOWN IMMINENT!!FOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS ANALYSIS AND CONTENT. THANK YOU Euro to USD is in a falling/descending wedge and has been for years against the dollar. In October of 2020 Euro had a failed breakout and came back down into the wedge. The apex of the wedge is nearing and I believe the EURO will break out of this wedge with a measured move of 1.48 and possibly higher after that level is reached. There is probably still a touch of the bottom support line of the wedge which could bring the EURO to .96 or so before the final move to the upside with the break of the upper resistance line of the wedge. The USD has been in a bear flag/descending channel for years now against the EURO. The dollar looks like it has one more bullish drive to about 114 by around September of this year, before dropping to the bottom support of the channel/flag and retesting 96. At that point the dollar will either break right through without a bounce or if it bounces may try for 103 before its final descent down to about 67 which is the measured move of the bear flag. These scenarios will both be invalidated if USD breaks to the upside and closes above 120ish on a weekly candle. I don't see this happening though because of many factors. Hyperinflation is right around the corner, if you think things are expensive now just wait and see when the printers really turn on. We haven't seen anything yet my friends, they were just testing the water to see how we would react to this inflation. What comes next will be epic. This is not financial or trading advice this is just my opinion, thank you and good luck out there.
TVC:DXYLong
by Bitgolder
6
EURUSD : Just wait Until Price Update 12/07/2022 Our & step analysis on EURUSD a depth and deep analysis cover all the edges of a trade setup 1price 2 patterns 3 volume 4 momentum 5 volatility 6 time 7 strength 8 sentiment 1 Structure 12 : bearish 2 imbalances : filled target 3 Current Move 12: impulse 4 Entry TF : D1 4.1 ETF Structure: bearish 4.2 move : impulse 5 Support Resistance: support break and possible reversal here 6 FIB: 50 resistance target filled 7 candle Pattern: doji reversal 8 Chart Pattern: head & shoulder filled 9 Volume : excision 10 Momentum: bearish zone 11 Volatility : reversal 1st leg completed 12 strength: highly bearish near to end 13 Sentiment :s sell 14 Final conclusion: all tf moves are filled and this time price also on a psychology level so we must need to wait for a correction before any new decision 15 Buy /Sell/Wait : wait 16 Entry:1.03105 17 Sl: 1.0400 18 Tp: 1.0175 19 Risk to reward Ratio: not final yet Excepted Duration : not finals yet
by Optimum369
EUR/USD:FUNDAMENTALS + TECHNICAL ANALYSIS | SHORT SETUP 🔔 EUR/USD remains subdued as North American traders prepared for the weekend, in choppy trading within the 1.0150-80 range after June’s employment report and further Fed speakers crossing wires. The EUR/USD is trading at 1.0182, having hit a fresh 20-year low at 1.0071 during the European session, though recovered after the release of the US Nonfarm Payrolls report, bouncing off late towards daily highs near 1.0190, before losing steam and settling at around current levels. EUR/USD rallied despite solid US job report, EU’s energy crisis Earlier in the North American session, the US Department of Labour reported that June’s Nonfarm Payrolls added 372K jobs to the economy, exceeding estimations of 268K. Average Hourly Earnings, and an indication of a wage-price spiral, remained contained at 5.1% YoY, above estimates, while the Unemployment rate prevailed unchanged at 3.6%. At the same time Fed speakers, namely Waller, Bullard, Bostic, and Williams, reiterated the case for a 75 bps rate hike to the Federal funds rate (FFR), while downplaying recession fears. On the Eurozone side, ECB speakers remain vocal about hiking rates this month, and the consensus remained around a 25 bps rate hike. However, a 50 bps could be in play, but it is not the case scenario, as mentioned on its June minutes. Despite all that, the EU’s ongoing energy crisis hit the shared currency hard during the week, as the EUR/USD weekly chart illustrates the major is losing 2.47% in the week Therefore, the EUR/USD path of least resistance is tilted to the downside, and a parity test is on the cards. EUR/USD Price Analysis: Technical outlook The EUR/USD daily chart indicates that sellers are in control, despite buyers’ effort to hold the fort around 1.0100. As the New York session waned, they achieved their task so far. However, oscillators like the Relative Strength Index (RS) exited oversold conditions, meaning sellers might be taking a breather before exerting additional pressure to drag prices lower. Therefore, the EUR/USD first support would be 1.0100. Once cleared, the next support would be the current YTD low at 1.0071, followed by the EUR/USD parity at 1.0000. A decisive break would clear the way for September 2002 lows around 0.9608.
Short
by FOREXN1
1
EURUSD possible entriesEURUSD trade can touch -436% Fib level. Overall Trade will be vulnerable as it crosses 1.02 level. We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Always do your own analysis before taking any trade. Our aim is to deliver simple and compact information which can be used by beginner to give them brief understanding of trades without any complexity. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support us by sharing our ideas and hit like and subscribe button. You can support us through coins donation for more frequent signals.
by AussieLeader
Lower prices expected on EURUSDEURUSD - Intraday - We look to Sell at 1.0496 (stop at 1.0542) 1.0380 continues to hold back the bears. We look for a temporary move higher. Resistance is located at 1.0500 and should cap gains to this area. We expect a reversal in this move. Preferred trade is to sell into rallies. Our profit targets will be 1.0382 and 1.0350 Resistance: 1.0500 / 1.0780 / 1.1470 Support: 1.0380 / 1.0200 / 1.0100 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
EURUSD: Key Zone Ahead! Your Plan: 🇪🇺🇺🇸 Hey traders, EURUSD is approaching an important confluence zone: we see a perfect match between a horizontal daily supply area and a falling trend line. Within the underlined zone, we will expect a bearish accumulation. To short with a confirmation, watch a rising trend line on 4H time frame. Its bearish breakout will be your trigger to short the market. Goal will be 1.05 If the price breaks a blue zone to the upside, the setup will be invalid and bullish continuation will be expected. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
3
EURO USD : RETEST OF CHANNEL RESISTANCE THEN BREAK TARGET $1.65EURO USD is looking pretty good on the MACRO. A break of the channel was attempted but failed. I believe a retest of the rising trend-line within the channel is possible without a break below but if it breaks below we may retes the bottom of the channel support before moving up and breaking out of the channel. I dont think that is what will happen because the MACD has a fresh curl up, RSI is curling up it looks like a move up is incoming. This is not trading financial advice this is just my opinion. Thank you.
Long
by Bitgolder
EURUSD LONG TO $1.44 (2 WEEK TF)I believe EURUSD is currently at a very crucial point and at a very important price point. For the past 7 years, the market has been correcting itself between a range of $1.255 and $1.033. According to the Elliot Wave Theory, the corrective phase (Wave 2) now seems to be complete. This should be followed by an impulse wave soon which would mark the beginning of Wave 3. This here is a swing trade and will be held long term, between 2-4 years. This is a long term investment and should only be taken if you can afford to hold an investment for such a period.
Long
by BA_Investments
2
EURUSD: The Next Price Action to WatchEURUSD has been moving in a long-term bearish trend. Currently, the price is moving within a bearish flag channel from the new low of 1.0350. As we forecasted in our previous EURUSD analysis, the price fell from 1.0750 resistance area to retest the support level of 1.0650, then followed by a rise back to the 1.0750. From the chart, we can see a neckline which has been created at 1.0650 level. The price was rejected from the 1.0750 resistance level, forming a bearish engulfing candlestick pattern in the 4-hour chart. We can also spot a bearish divergence in RSI . Therefore, we will carefully observe the price action to see if a reversal pattern would be formed. If price breaks above the 1.0750 level, then the next resistance area is the 1.0800 level. For a price reversal, the price needs to at least break below the neckline level of 1.0650. A potential head and shoulder pattern could be created if bear takes over the place. Check out our recent trading idea below :)
by NicoBeau_Capital