$EUR - Lets gooo!$EUR - Lets gooo!
EURUSD - Stuck within the range, not much to do until a break to either direction or play the range trade.
We got NFP at the end of this week
Have a great week ahead ☺
TJ
Eurodollar
EURUSD Double BottomEuro made double bottom against Dollar. The target is gonna be 1.12 if the double bottom works.
EUR/USD Daily Chart Analysis For July 29, 2022Technical Analysis and Outlook:
The Euro market has swung back and forth to the U.S. dollar throughout this week's trading session. After creating fresh Mean Sup 1.0111, the currency is poised to retest this support. Currently, the upside target is continuing to be a possibility to Outer Currency Rally 1.0420. An ultimate trip to Outer Currency Dip 0.9765 is in the making.
EURUSD Forecast Update65% probability;
We can see an upward emotional movement to the daily resistance line, in the next 3 hours before the market closes.
Long EURUSDEURUSD break under broad channel and now it is support by bottom line after back to channel.
It has chance to goes high a little to touch top line of the channel.
Trade safe guys.
Have a good weekend.
EURUSD IdeaAfter breaking the resistance and confirming the failure, buy.
Sales after the break of support and approval.
Or buy at the lowest point and sell at the peak (not recommend )
EURUSD Trading The CorrectionIn this update we review the recent price action in the EURUSD and identify the next high probability trading patterns and price objectives to target
EURO JPY SHORTEUR/JPY breakout below the 137.40 support level with strong bearish momentum today. The pair set to continue the downward movement to target the 134.50 – 135.00 area. Traders will stay cautious for now as the pair formed a lower low and lower high on the chart. In the next bullish bounce, the pair need to print a higher high to cancel the current bearish trend.
Today’s critical levels to watch:
Support: 135.00, 134.50
Resistance: 137.40, 140.50, 145.00, 148.50, 151.50
fIRST TARGET
131,80
2022/7/28 11:59 EUR/JPY analyse
Pivot Point: 137.6
Currently: Consolidating at this 138.6 level , its next support zone is at 139.8
Reaction: Resisted at 137.31 and retraced back to 136.75
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EUR/USD Position Proposition Wyckoff Schematic spotted on 5m while we are waiting the interest rates to be released in less than an hour.
Since we got the SOW the position can be placed on the LPSY that follows after the confirmation. I am in this position already from the visit to the bottom line with 50% of my total position size.
Stop Loss above the AR point.
Target on the 30m bottom line of the next negotiation area, that coincides the parity price.
Turning point or BullTrap! 14 July 2022, the day after tomorrow📈 Turning point or BullTrap! 14 July 2022, the day after tomorrow
Retail sales rose 1.0% in June, the most robust pace in three months, and above expectations for a 0.8%.
Following the report, economists at Jefferies pointing to the fall in gas prices, signaled optimism for a further boost in consumer spending that could set up the economy “for much stronger GDP growth in Q3.”
📝
Recap since this day:
Dollars American lost 2.30% since the 14 July
Crypto market +20% since 14july 60daySMA= 1,24T
BTC +24% since 14july , 60day SMA=28k
ETH +60% since 14july, 60days SMA=1,9k
BTC puell multiple goes from 0.34 to 0.52, since 14 July, miner profitability has increased by 52%, and still below 0.64 marking the end of the bear market (DCA zone still on 24 July then)
12 days until the next waning crescent (5 august), BTC can go up another 28%
Euro/USD has de-peg on the 14 July felling below the 1$ mark at 0,99500€\1$ and went up 3% since then
USOIL touched the 0,618 Fibonacci lines at 91$ the barrel (golden ratio) the 14 July. A rebound is expected if we touch this price multiple times in the coming days
TSL +24% since 14july
Anticipating a move higher on EURUSDEURUSD - Intraday - We look to Buy at 1.0116 (stop at 1.0058)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A weaker opening is expected to challenge bullish resolve. Support is located at 1.0100 and should stem dips to this area. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 1.0250 and 1.0300
Resistance: 1.0260 / 1.0600 / 1.1200
Support: 1.0100 / 0.9950 / 0.9800
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.'
Euro Daily Forecast In next few days we will see $1.04163, but in this way $1.03410 and $1.03725 acts as resistance.
i think these week gave us great positions in multi timeframes...
EUR / USD history channel An analysis of the history of the EURO and its trend against the King Dollar.
Euro was introduced in 2001 in the Eurozone countries, anchoring itself to the price of the previous German mark.
In the EUR / USD Monthly chart of the last 20 years we can see how this new currency has behaved.
From 2001 to 2008 the price rose by 80% and then fell into a descending channel where from 1.6 it returned to par with the dollar.
Graphically we can see that we are on a maxi support never tested before which would be the last since the creation of the single European currency.
The various economic and political vicissitudes in Europe have certainly been a brake on the strength of the Euro, but it should be noted that the trigger was that the Dollar strengthened against all other currencies in the world since 2008 onwards after the intervention of the '' QE '' by the Federal Reserve.
Currently the FED has raised rates and made the dollar more expensive for a few months to fight inflation rates and the ECB has only now started to raise rates which were stuck at 0 by half a point 0.5%.
The support touched the parity price and the increase in rates could be the key to a change in direction of the Euro that will return to gain strength on the dollar.
LPI.sa
EURUSD short trade$EURUSD short trade
Arrow is trigger
Short bias due to losing Mondays high
A retest and ideally deviation of Mondays high would be the entry, arrow is the trigger
Be careful with EUR news released today
EUR/USD -20/7/2022-• Descending channel on daily chart
• Pair faced rejection at the upper bound of the channel
• Italy political turmoil, Nord stream gas flow cut, Recession fears all add to the downside risk
• Descending channel is a bearish pattern, expecting lower prices in the coming days/weeks
• ECB meeting in focus, traders will be watching the rate increase, whether it is going to be 25 or 50 bps
• 20 SMA acting as resistance
• Levels below parity to be revisited
EURUSD is in the Falling WedgeThe price is in the falling wedge. Euro is losing its value against the US Dollar. DMI shows us that the price will continue to fall. ADX points out that the trend will not change. We are expecting that the Euro's value against the US Dollar will continue swinging in the downtrend for a few more weeks but after that we are expecting the price breakout to the upside from the falling wedge.
Analyse Gold D1La maitrise de la crise européenne pourrait faire rebondir les cours à la hausse sur la zone de support , mais dans le cas contraire nous assisterons à la cassure de la zone de résistance installé depuis début 2020.
EURUSD forming a short term bottom?EURUSD - Intraday - We look to Buy at 1.0082 (stop at 1.0012)
Prices have continued the bullish move higher and resulted in 2 consecutive positive days. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Support is located at 1.0080 and should stem dips to this area. We look to buy dips.
Our profit targets will be 1.0248 and 1.0300
Resistance: 1.0250 / 1.0600 / 1.1200
Support: 1.0800 / 0.9800 / 0.9400
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.'
What next for EURO?Notice how POC testing is readily rejected each time and the resumption of the overall trend prevails like clockwork. This is the value of Price control and knowing where volume and liquidity in the market exists.
Another hotly contested Point of Control that adhered perfectly the volume led price action of the market participants. At his stage, picking an entry wasn't the main issue - it was sizing it correctly and preparing for the next move downwards.
The uptick in the Eur is seen occurring alongside explosion of yields in key EU bonds, lending catalyst to the moves.
The target is the previous POC, where price action will determine the strength of the correction or if resumption downwards continues
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DXY 3d shooting starThings are about to get real, DXY is about to change hands from bulls to bears, I think a top formation has just begun, as I see DXY is going down from here
EUR/USD Daily Chart Analysis For July 15, 2022Technical Analysis and Outlook:
The Eurodollar market completed Inner Currency Dip 0.9960. The market appears to be likely to retest our Mean Res 1.0185. Currently, Key Res 1.0270 is the major, primary upside target. An ultimate retest of Key Sup 1.0017 and Outer Currency Dip of 0.9960 is in the making.
