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Eurozone

EURUSD TankingAs the USD builds momentum, and XXXUSD UDDXXX crosses come under pressure, I'm especially interested in EUR that was slammed across the board last week. We smashed down through the 109 level so I'm expecting a retracement to that level and then a push lower. to around the 1.075 level. This is a 1:6 Trade, good odds for me. For me recent EUR strength has been down to a) USD weakness b) Hawkish speak from the ECB but for me the US economy is performing better, they're already at higher interest rates, the FED looks like they'll not cut this year now, and the dollar is due a bounce. If I'm right, a big side effect is EURUSD drop, which is why I'm short on this pair!
Short
by Finchcliffe
2
EUR/USD rose from a two-week low Ahead of EU CPIEUR/USD rose from a two-week low as the dollar fell and rose for the first time in four days. Technically, the upward trend intends to regain the 10-day moving average on the daily chart. The Job report in Eurozone and the United States will be released within the day to see if it is good for the EURUSD to continue to break through and close to 1.11. However, investors should focus on the Fed’s decision and guide the dollar affected the EUR.
Long
by ATFX_Global
My Thoughts on the EUR/USDHere are some of the notes I had put down since 2020. I am wondering how long the EUR/USD can hold above the 1.05 lvl . The Federal Reserve is on a path to keep hiking, in hopes of combating inflation and winning on that front. The ECB is stuck between a rock and a hard place as inflation is still extremely high and the economy is barely above water. I think price is going to at least hit 1.05. I am a little skeptical about price hitting the parity level again, at least in the first two quarters, but in the future I think the EUR/USD will like break below the parity level again. Jan 10, 2020 -Focus EUR, GBP, NZD, CHF, ECAD, ZAR, maybe CAD -EUR Likely to push higher during first month or two because price will likely move with GBP, USD experiencing with Manufacturing, US/China Phase One Deal take a few months to show signs of improvement -I will focus on when the EUR drops -thinking price will push to 1.13, then turn around, especially if there is a war with Iran/Iran conducting terrorist activities -if price pushes to the 1.14, my focus with this pair will dissipate and I won't be trading this pair -If price pushes above 1.15, holds for a few days, and doesn't push back below 1.1450 and stay there, then the trend is broken on the down side, price will likely push higher, to around 1.18/1.20 by end of year, if this happened before or during June May 21, 2020 -thinking EUR will push lower -monthly chart pattern showing price may push higher pretty significantly, but fundamentals/market sentiment posting says otherwise -doubt that the ECB will want EUR to appreciate -to push higher, virus would need to subside greatly or a great deal of confidence in a cure/vaccine -EU countries would need to recover Jan 10, 2021 -PT EUR 1.40, CAD 1.20/1.15, GBP 1.50, JPY (want to stay in for as long as I can, price likely to drop to 102), AUD 0.80/then to 0.70, NZD 0.75 then to 0.60, CHF 0.80, ECAD 1.45, ZAR 9.20 -Some prices likely to take more then a year to him my targets. Prices that might hit this year are CAD, AUD, NZD. CHF may hit 0.80 this year, JPY 102 may be broken -No current strong plan Mar 14. 2021 -target 1.40 -monthly chart showing double bottom almost complete, within a monthly inverse H/S -Will price pull below 1.16, I don't see it as stimulus might be the new norm this year -If inflation starts raising considerably/US economy recovers quick, then price will likely push lower, past 1.16 to 1.15 -I think though price will push higher this year, maybe hitting 1.30 Jun 06, 2021 -US economy is open up slowly -ECB is still holding onto the PEPP and has not distributed yet -ECB still looking to be dovish -Price likely to range and whipsaw -FED and ECB not diverging like in 2014 Jun 28, 2021 -price is trading near 1.19 and may break lower because of divergence between FED/ECB -price target 1.15 Oct 13, 2021 -I think price is going to push lower because of the FED and ECB divergence -price having trouble pushing above the 1.20 lvl -the 1.05 or at least the 1.08 might be hit faster than I think -shorts are becoming stronger and stronger -price might drop to 1.08 by Feb 2022 -I doubt 1.20 will be hit because if price breaks below the 1.15 and hits 1.13, the 1.15 will be hard to break -if price is able to stay below 1.15 before Nov, price will likely hit 1.10 Dec 31, 2021 -Said I would only focus on: CAD, JPY (PT 120), ECAD (below 1.40), ZAR, GCHF -No current strong plan Feb 12, 2022 -I am going to stay out of no matter how price is moving -Reason, ECB hinting at being hawkish -only use as a hedge May 07, 2022 -price having trouble pushing lower -I think price may hit parity as sentiment surrounding USD extremely strong, ECB having hard time balancing Russia/Ukraine conflict with its economy and inflation -hints of ECB raising rates in 3rd/4th QTR this is what is going to start price recovering -price may be able to hit 1.10/1.15 if the ECB becomes very hawkish -staying out of the pair for the year Jun 10, 2022 -EUR is a risk currency and could push lower if recession worries increase -majority of central banks raising rates quickly, slow down inevitable -not concerned with this pair and going to stay out for now Aug 07, 2022 -stuck between raising rates and fighting off a recession -in short term I think price will push higher, but won't last for long -if interest rates increase, borrowing costs will increase, ECB has tool to fight this, but will still cause inflation Oct 16, 2022 -I think EUR is going to push lower, but in the short term higher -price on monthly chart is bouncing/testing support of monthly descending wedge, coupled with ECB likely to raise rates, might push the EUR higher -other hand, price could break lower as EZ heads into winter, Russia cutting Oil taps, causing supply crunches Nov 20, 2022 -I think the EUR and GCAD are going to push lower Dec 07, 2022 -working on getting into building my portfolio -looking at building in the EUR, GCHF, GCAD -EUR might push near the 1.10 -EUR going to experience some pain similar to UK, -manufacturing/industrials showing some growth -build into GCAD first then EUR, then Silver Dec 11, 2022 -descending wedge holding -if continues to push higher, might be able to hit 1.10, possibly around 1.12/1.14 (testing resistance of descending wedge) -price also forming an inverse H/S, if correct, price may B/O and push to the 1.22 before breaking lower -EZ close to being in a recession or in a recession already -double digit inflation, could cause ECB to raise rates quickly -ECB looking to possibly stop or reduce asset purchases which could push price higher -wages also increasing along with housing prices -Manufacturing/Industrial growth low -I think EUR will push up initially because ECB will have to raise rates quickly, and FED and ECB might eventually diverge
Short
by DollarSaenz
1
DAX Weekly Volatility Analysis 12-16 Dec 2022 DAX Weekly Volatility Analysis 12-16 Dec 2022 We can see that currently the implied volatility for this week is around 2.82%, DOWN from 2.9% last week according to DVOL data With this in mind, currently from ATR point of view we are located in the 24th percentile, while according to VDAX, we are on 8th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: Bullish: 1.87% movement Bearish: 2.4% movement At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset, meaning that there is a 17.9% that our close of the weekly candle of this asset is going to be either above/below the next channel: TOP: 14714 BOT: 13886 Taking into consideration the previous weekly high/low, currently for this candle there is : 35% probability we are going to touch previous high 14500 66% probability we are going to touch previous low 14200 Lastly, from the technical analysis point of view, currently from Weekly timeframe indicates 66% BULLISH trend from the moving averages index Daily timeframe indicates 40% BULLISH trend from the moving averages index 4H timeframe indicates 13% BEARISH trend from the moving averages index
XETR:DAX
by exlux
EURUSD 4H trend analysis. '''''''This is NOT a financial advice"""""" In this pair, the price can still touch 0.98 area before continue its journey on formed channel since early september. Meanwhile European countries are preparing themself for coming winter and of course Russia will use this opportunity to put some pressure on EU to get off of some sanctions. that means Euro zone is now fighting with a energy crises and i don't see this pair move above 1.0 anytime soon.
Short
by KhalilKarimii
4
EURGBP:Look for dips!EURGBP Intraday - We look to Buy at 0.8650 (stop at 0.8600) Buying pressure from 0.8690 resulted in prices rejecting the dip. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further downside before the uptrend returns. Further upside is expected although we prefer to buy into dips close to the 0.8650 level. Our profit targets will be 0.8800 and 0.8930 Resistance: 0.8815 / 0.8930 / 0.9070 Support: 0.8565 / 0.8340 / 0.8200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
EURUSD Monthly Forecast Movements 1-30 November 2022 EURUSD Monthly Forecast Movements 1-30 November 2022 We can see that for this month, the implied volatility is around 3.57%, increasing from 3.5% of last month. This is currently placing us in the 88th percentile according to ATR and 92th according to EVZ Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle to the close of the candle) is: BEARISH Candle : 2.126% BULLISH Candle : 0.984% With this in mind we can expect with a close to 24.4% probability that our close of the monthly candle is going to close either above or below the next channel: BOT: 0.953 TOP: 1.022 Lastly, based on the calculations that we had for touching the previous candle high and low values, we can estimate that there is a : 72% chance that we are going to touch the previous monthly high of 1.0088 25% chance that we are going to touch the previous monthly low of 0.963
by exlux
EURJPY analysis: approaching a dangerous zoneThe yen maintains its positive momentum by attracting buying flows from investors seeking refuge in safe-haven currencies as global recession fears grow. The yen also received additional support after Bank of Japan Deputy Governor Masayoshi Amamiya acknowledged last week that the BoJ should begin considering tools to end ultra-expansionary monetary policy, though the actual change is unlikely to occur anytime soon. In addition to the dollar, the Japanese yen is strongly regaining ground also against the euro, with EUR/JPY now trading at late May levels and down about 6% from June highs. The appreciation of the yen against the euro occurred despite the ECB's 50-basis-point rate hike in July, leaving the BoJ as the only major central bank that has not yet raised rates. Japan has remained more isolated from worrying energy risks in Europe, where the clouds of an impending economic recession are gathering. The 10-year yield spread between Germany and Japan has fallen to 0.6%, the lowest since mid-May, as Bund yields have collapsed in response to data indicating a bleak economic picture in the Eurozone. Technically speaking,tThe formation of a triple top at the end of June ended the EUR/JPY currency pair's multi-year uptrend, and the breakout of the neckline support at 137-137.5 solidified the trend reversal bearish pattern. The RSI is dangerously pointing down, but it still doesn't show that technical conditions are oversold. The next level of support is seen at psychological 134, followed by 132.7 (May 12 lows).
by Capitalcom
Euro - Dollar pair after ECB session ... not so good newsThe ECB meeting has marked a rise in interest rates of 0.5 points. This has caused the EURO-DOLAR pair to rise to 1.0227. Although it will make the EURO stronger, there is economic uncertainty and complexity of the current European situation very difficult for it. In addition to no measurable productivity gains in recent times, the Italian community owes more than 700bn Euros to the ECB, and the ECB still has to provide 200bn for the Covid recovery fund. The current government of Italy will soon go into elections, whose polls show a rise and possible election of the right-wing side. This same side has policies against the EURO and the Eurozone. This makes the ECB's ability to act very limited, since Italy's exit from the EU could cause the bankruptcy of the ECB and the Bundesbank. Our perspective for the EURO-DOLAR pair is bearish.
Short
by jumper_stars_trading
EURNZD:If we dip we buy!EURNZD Intraday - We look to Buy at 1.6642 (stop at 1.6609) Daily signals are mildly bullish. Expect trading to remain mixed and volatile. Trend line support is located at 1.6640. Bespoke support is located at 1.6640. Our profit targets will be 1.6733 and 1.6753 Resistance: 1.6740 / 1.6770 / 1.6800 Support: 1.6700 / 1.6670 / 1.6640 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
1
EURNZD: Euro strength back?!EURNZD Intraday - We look to Buy at 1.6683 (stop at 1.6647) Previous resistance level of 1.6670 broken. Previous resistance, now becomes support at 1.6670. Daily signals are bullish. Our overall sentiment remains bullish looking for higher levels. We look to buy dips. Our profit targets will be 1.6779 and 1.6799 Resistance: 1.6770 / 1.6800 / 1.6850 Support: 1.6730 / 1.6700 / 1.6670 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
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.
Short
by TopgOptions
2
EUR/GBP - Further Gains to Come?The euro has caught a strong bid against the pound in recent days on the back of some very hawkish commentary from the ECB and poor economic data in the UK. The ECB will become the latest central bank to concede on the inflation argument and raise rates in July and September, as per President Christine Lagarde's blog, although some support an even more aggressive approach. That's boosted the euro at a time when the UK economy is facing the prospect of a recession, with PMI data today highlighting the struggles already appearing in the all-important services sector. EURGBP has rallied strongly on the back of this, holding above the 200/233-day SMA band in the process and pushing a breakout of the recent highs. It also broke above the 55/89-period SMA band on the 4-hour chart in the process which has capped its rallies over the last week. The next test for the pair is 0.86 and 0.8650 which has been a key area of resistance on numerous occasions over the last year, with 0.87 potentially offering further resistance above. Eventually, the euro area and others will likely be dragged into the recession conversation which may see the bullish case wane but for now, it's interest rates that are dominating the conversation and giving the euro a major lift.
by OANDA
EURUSD reacted once more to the remarks of the Central Bank's chFundamenta Aspect In a new interview, the head of the European Central Bank, who yesterday discussed the two phases of interest rate hikes, predicted that eurozone interest rates will likely be positive by the end of the third quarter of 2022. Legard added that there is currently no chance of a recession in the eurozone. She also emphasized that the market should not consider a percentage to increase interest rates, or infer the extent of interest rate increases based on the speaker's words. The euro strengthened against the US dollar in response to the news. Technical Aspect Bulls The EURUSD pair can advance from the $1.05903 support and reach $1.08714. With a breach of these levels, the market will target the $1.10500 level of resistance. Bears However, from the seller's perspective, if the pair breaks the partial support at $1.05903, the euro will be poised to retest the local support price at $1.03500. kindly follow me on Tradingview for more. Thank you!
Long
by VipForexLive
2
EURCHF: Eurozone still fragile!!EURCHF Intraday - We look to Sell at 1.0333 (stop at 1.0368) Daily signals are bearish. 20 4hour EMA is at 1.0349. We look for a temporary move higher. The previous swing high is located at 1.0360. Our profit targets will be 1.0246 and 1.0200 Resistance: 1.0300 / 1.0340 / 1.0380 Support: 1.0250 / 1.0230 / 1.0200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets