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💵Euro/U.S.Dollar💵 Analyze (update)!!!EURO is on the resistance zone, and at the same time; it was able to find the end of microwave C of Main wave 4 by Ending Diagonal Pattern .
I expect Euro to go DOWN at least to the support zone from the current prices.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 1H⏰
🔴Resistance Zone🔴: 1.028$ until 1.025$
🟢Support Zone🟢:1.00955$ until 1.0068$
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.
💵Euro/U.S.Dollar💵 Analyze (Short term)!!!EURO completed Main wave 4 by Expanding Ending Diagonal in the resistance zone.
if you want to look at the road map of Euro/U.S.Dollar, please look at 👇
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 15min⏰
🔴Resistance Zone🔴: 1.028$ until 1.025$
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.
💵Euro/U.S.Dollar💵 Analyze!!Euro is moving in Descending channel and makes the Double Three Correction(WXY) for completing the main wave B.
I expect that Euro will go down to the Support zone. And then it goes up to the Resistance zone & Important Resistance line.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 1H⏰
🔴Resistance Zone🔴: 1.028$ until 1.025$
🟢Support Zone🟢:1.0079$ until 1.0068$
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.
The Break DownLet's break this trade down:
12AM NEW DAY.
Overall Bias Trend was UP on EURUSd the DXY WAS Down.
The mindset therefor is LONG for the day.
The algorithm that delivers price attacked sell side liquidity taking out all LONGS before it then 52 Faked out and continued the original trend long.
The key to this set up if you're early never over leverage.
You over leverage you can't stay in this set up.
3am Now The Bias is Set.
The DXY is breaking South.
EURUSD has at least 60 pips to Range once she breaks this morning zone which as of 3:02am it's BROKEN.
Now we ride this rocket to the extremes before the next set up presents itself. #TradingMadeSimple
EURO vs USD As shown with the trend lines, Euro is depreciating against the US dollar. Analysing the DMI, the spread between the two primary lines is large and the average directional index is around 38 hence, the trend is strong. We are expecting the EURO to bounce off the bottom of the channel and decrease after reaching the upper trend line.
The Daily Route UPDATED!Here's the set up I put together Friday Evening.
Price did everything it was suppose to.
This long will last until 2am.
This is a fakeout. Thus the (Judas Swing)
When you know the schedule you can fade the Fakeout.
MET (Mount Everest Trade) Trade Entry right at the top of this move and watch price melt.
2am The algorithm will engage the MACRO program and begin to trend in the bias of the day.
Never over leverage,
Trust your trade set up.
Have fun!
I AM Pro Trading Made Simple.
(I wrote this play up Friday night in front of my students:)
Broken Slot Machine on isle EUROUSD!Here's the set up:
This long will last until 2am.
This is a fakeout. Thus the (Judas Swing)
When you know the schedule you can fade the Fakeout.
MET (Mount Everest Trade) Trade Entry right at the top of this move and watch price melt.
2am The algorithm will engage the MACRO program and begin to trend in the bias of the day.
Never over leverage,
Trust your trade set up.
Have fun!
I AM Pro Trading Made Simple.
(I wrote this play up Friday night in front of my students:)
💵Euro/U.S.Dollar💵(Road Map)!!!🗺️Today, we will check the EURUSD pair technical analysis in the Monthly timeframe chart. The EURUSD pair has been in a downtrend structure for 14 years , and the chart follows a Double Zigzag Correction based on Elliott Wave theory.
The Structure of the microwave C of Main wave Y is Expanding Ending Diagonal . Most probably, microwave 2 of the microwave C of Main wave Y will Finish in the Support Zone and at my TRZ (Time Reversal Zone).
🔅 Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe Monthly ⏰
🔴 Resistance Zone 🔴: 1.24$ until 1.20$
🟢 Support Zone 🟢: 0.98$ until 0.956$
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 - Possible scenariosHi guys! 👋🏻
🔔 Two possible scenarios on EURUSD
🔔 First is the drop to 1.05 and a bounce back to levels near 1.06
🔔 The second is a drop to 1.04 after closing below the 1.05 support.
🔔 Mind the RSI divergence shown on the chart
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
EURO long for longer period of time..EURO i may take position as market open and keep it for month "Hope fully" :D if SL dint hit.
Double bottom in daily/4hr time frame
weekly demand zone,,,, (support area)
Forming morning star in weekly time frame at the weekly demand zone and near to support range
in 15min H&S breakout is there
EURUSD MONETRARY POLICY CHANGEHello Traders! Looking forward to bring you some juicy EURUSD analysis. ECB will be hiking rates for euro, so the currency will most probably start to strengthen in the next half year.
As of right now euro is hitting multi year lows since 2017 and 2015 because of difficult times regarding world economies after covid and the Ukraine war. We are in a major support area and while the high time-frame charts are still in downtrend, the lower time-frames suggest a reversal and a potential counter-trend.
ECB declared that there will be rate hikes in July and further in September in order to limit consumer spending and curb inflation rate. Rate hikes means that currencies will appreciate because of lower money supply in the market and this will most likely raise the currencies value.
In the chart below we can see the macro picture. I wanted the smaller time-frame trade to be the main publishing idea, because the short to mid term situation might change, longer time-frames take more time to develop.
Now on to current technicals. EURUSD entered a counter-trend after hitting the multi year lows seen on the chart above. We can expect some price stabilizing in this area as further fundamentals develop. As of right now the price is trending downwards short-term after peaking at 1.079. This downtrend is expected to last until our MONTHLY local support area generated by the last closing price, this price level is at 1.051. I expect the short-term downtrend to reverse in this area because of local MONTHLY support and a fibo confluence area around 50-61.8% and to continue our enstablished counter-trend, up until 1.094. This peak level is the 50% of a major downtrend occurring in higher time-frames. After we hit peak levels, the price might go on further to the 61.8% fibo level where profit taking will take course. After that it depends on the further price structure the market will provide us.
EURUSD Forecast If you haven`t shorted here, when i gave you this signal:
Then you should know that as long as the war continues and the sanctions to Russia, we will see a weaker Euro and a stronger Dollar.
EUR/USD is the most actively traded currency pair in the world.
The European Union rely on Russia for almost 38% of their imported natural gas .
Germany gets about 50% of its natural gas and coal from Russia, and a third of its oil .
German economy was by far the largest in Europe!
Growth in Europe is still slow, there are concerns also about energy supply and increasing inflation at the same time.
Next target for EURUSD is 1.035
Looking forward to read your opinion about it.