EURUSD Area of interest & Potential movementsActively looking for buys inside the grey box (1), is a relatively risky trade because of the dollar index looks bullish. To play safe i just want to see an invalidation of some kind of supply. Something like market structure break(2). And then look for buys (3).Sweeping the area of intereset above does not change the long BIAS. İ'll be actively looking for longs from here aswell (4). If we loose the arrow (5) chart need upate.
Eurodolar
EURUSD Daily: 26/02/2023: Important zones and possible scenarios
Well, you can see all the scenarios on the chart.
There is a huge liquidity pool below 1.0482 and we expect the price to collect them.
If you have questions, feel free to ask.
💡Wait for the update!
🗓️26/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
EURUSD TA Time!Goodday fellow traders/analysts.
Nothing goes up nor down forever. Price-action has found resistance at the exact same levels as the previous support(purple/pink solid lines). Which happens quite often. Supports turning into resistance once broken through and vice versa. This is pretty much textbook TA excpectations. So yeah, unfortunately the bearish trends will continue as predicted, technically and fundamentally. Next target will most probably will be in the 87cents region...
Which is gonna suck a lot for us due to our current monetary system. Even if they stop printing money. It is already too late. They should deflated a long time ago. Which is called a "beautiful delevering". However, we've passed the point of no return. The only way of saving European countries from economic collapse, is leaving this sinking ship so called, the Euro or the European Union. After 2 decades It's time to accept that we failed. Devaluate our economies, so we can finally continue developing our civilization.
EURO/USD: GOOD RALLY COMING IN.After a long devastating rejection since January 2021, the EURO/USD finally resurrected from the dead.
Note: This analysis is in a 2-monthly timeframe so do not consider this a short-term trade setup.
A -22.85% rejection from the resistance was brutal for the EURO/USD in the long-term view. After almost 2 years, the EURO/USD has bounced back from a historical supporting trendline. This looks good from a long-term perspective and I believe we may see some positive moves in the coming new year. In a lower timeframe(3-6 hours), the EURO/USD is dropping down which is quite obvious and it must be a bearish situation if you are a bull and you are scalping or playing in the short-term market. Overall, EURO/USD looks good for now.
What do you think? Share your views in the comment section.
Trade safely.
EURUSD | Getting Ready for Breakout..!!
#EURUSD (Update)
Seems like EURO has Already Bottomed out but Still Moving Below the Key Resistance (Trendline)
For Strong Bullish Momentum, Bulls Need to Clear the Trendline Resistance to Confirm the Breakout.
So far Consolidating in GREEN BOX, If Trendline got Cleared, Expecting +400 PIPs Bullish Impulse in Coming days.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
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LONG EURUSDJust an idea and trade at your own risk.
EURUSD still in correction phase and possible next target to the upper channel of the downtrend at area 1.09-1.10.
EURUSD broke last supply zone which now is the demand zone and next target to target supply zone (1.09-1.10) if it breaks the next supply zone at 1.08.
BUY EURUSDjust an idea and trade at your own risk.
EURUSD reached a strong demand zone around 1.5-1.6 area and the lower down channel line on the daily and weekly timeframes.
It is very important for the month to close near the 1.09-1.10 area for the next bullish movements, if it fails next is below parity and into the 0.89 area.
SHORT EURUSD (WEEKLY TIMEFRAME)Just an idea and trade at your own risk.
EURUSD is still bearish and in its downtrend channel on the daily and weekly timeframes.
The next targets are around the next demand zones first at 1.07 and then 1.05.
EURUSD is heading to the lower downtrend channels (intersection of white and red downtrend lines) at the stronger demand zone at 1.05.
SHORT EURUSDJust an idea and trade at your own risk.
EURUSD remains bearish on all timeframes.
EURUSD rejected twice the previous demand and current supply zone around 1.1150 (which now stands now as a resistance area for change in trend).
EURUSD is almost breaking out of its bearish flag, to reach out to the next demand zone and the lower downtrend channel at 1.05-1.06.
EURUSD MONTHLY CHARTJust an idea & trade at your own risk.
EURUSD reached its lower Long-term uptrend channel on the monthly timeframe and the next demand zone around 1.06-1.09
If the lower long-term uptrend channel breaks, with a monthly close below it, the next targets are below 1.05 and into below parity, to the lower downtrend channel.
If the lower uptrend channel remains intact and this month closes above 1.09, then possibly we may have a triple bottom formation and a break above would lead to a new impulsive bullish movement.
SELL EURUSD (Weekly Timeframe)Just an idea and trade at your own risk.
EUR/USD is still bearish on all timeframes (4H, Daily, Weekly and monthly) and more to the bad fundamentals in Europe and big rise in commodities.
If EUR/USD weekly closes below past week and month low at 1.1106 and after breaking previous demand zone, more downtrend is expected to the next demand zone around 1.08-1.10.
Euro Bullish modBecause i have nothing to do. but when i play Cryptos i have the choice to Play in USD or Euros. My choice for now is Euro.
- Euro broke a 12 years downtrend (2008 to 2020)
- Dollars printing machine is burning with Covid
as results :
- More Dollars than Euros printed = Euro Stronger.
- Forex Trend can change with FA ( politicals blablabla / Economic War / etc ).
- Could be more slow cuz i have habits with Cryptos.
- Simple as that.
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Trading Parts :
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Buy Zone : 1.15$ ish
TP : 1.35$ ish
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Happy Trading !