Eurodollar
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.
EUR looking sh** tbh, not the best Xmas coming for Euro ZoneHey guys, will start posting again, generally my two cents on EUR/USD it is not really looking good now, looks like we are going to go down and generally looking at the way everything is going S&P500 is also going down so, maybe a short trade here or just move your money away from EUR for now, but let's see.
The END of the strong EURO Rise... FOR A WHILE. Crypto does well when the Dollar DUMPS!
Let us take a look at: $EURUSD to see what we can expect.
A rising wedge that seems to losing its steam!
This is BEARISH for #Bitcoin..
These are my targets. After reaching these targets I will be reconsidering the bullish case.
#eurusd
Update: EURUSD 4H: 09/12/2022
As we expected, price had a bearish reaction to low time demand zone.
Now we are still bearish with two possible scenarios:
1- Price fall after collecting buy liquidity above 1.61
2- Price touch Daily demand zone and then fall.
In second scenario we can find a good entry price at 1H or 15 Min chart.
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
💵Euro/U.S.Dollar💵Analyze (Short Term, 12/19/2022)!!!Since Euro/U.S.Dollar attacked the resistance zone several times, and finally, a fake break happened, I expect the uptrend line to break in the coming hours, and Euro/U.S.Dollar will move towards the support line.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#EURUSD Targets And ScenariosIts is clear that EURO has a nice bounce.
It is more probable that euro will go down, and for this scenario we have two targets, the second one is the parity.
and bear in mind that an up side scenario is still possible, so manage your trades and follow a proper risk management.
EURUSD - bullish ideaHello hello! EURUSD seems to create another bullish impulse on a daily timeframe. The price is testing the previous resistance, now support, and at the same time, retesting the EMA. MACD shows confluence to this idea and the moving averages are indicating a bullish environment as well. The first target will be the first resistance zone, while the second target will be the next daily resistance zone at 1.078 OANDA:EURUSD