Eursud
EURUSD Buy OppurtunityEURUSD broke the descending triangle on 4h timeframe with a nice bullish candle. Lets see how price reacts to 1.0880 resistance which has held very well in the past two weeks. If price manages to break this area then we can buy euro with first tp at 1.0980 and second tp around 1.114
EURUSDheres a few sets up thats can play out for this pairs today YELLOW is the other options we break above the zone and go long or we hit that area come back down and go again
Crude clone called Euro?This also needs to be understand by those who think that are trading just euro...Funds lock their positions in EURUSD with those in crude oil!
Understanding the OIL, EUR/USD Correlation
Read - chigrl1.wordpress.com
Most oil exporting countries trade assets in USD, meaning, these countries receive a significant portion of USD inflows from the proceeds of these sales. Thus the foreign currency reserve balances of these oil exporting countries, in a sense, is broadly reflected by the price of oil. We can see this as reflected in the chart below. Up to 2014, reserves increased notably, and then declined considerably as the price of oil fell.
However, data also shows that they invest part of their reserves in EUR, as they sell a large share of their production to the Eurozone.
Thus, when the price of oil falls, this means that a smaller portion of USD is transferred to EUR, thus contributing to a depreciation of the currency. Inversely, when the price of oil increases, a larger portion is transferred to EUR, contributing to the appreciation of the currency. For this reason, many funds lock their positions in EUR/USD with those in crude oil.
Therefore, it is no coincidence that COT data shows crude oil and EUR in lock step.
EurUsd - Monday, April 06 | Support & Resistance with HeatMap "Goodmorning!
Here are the S/R Levels I keep an eye on for Monday, April 06. These are Price Points where you at least can expect some pause and possibly a Reversal. You can use these levels to frame a Setup or to exit an Open Position. The darker the area, the more likely Price has a difficulty to break through.
My goal is to help you identify logical Entry/Exit Points or use them as Conformation in your own Trading Plan.
When you have any questions or feedback, don't hesitate to contact me.
Hope you appreciate my content 👍
Happy Hunting, Stay Safe!
Warm Regards,
Mariinus"
EURUSD BEARISHAccording to my Analyses, EURUSD will be short @ 1.1349 Area if it Breaks at 1.10834.
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Market View; Downtrend
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If the price retraces before reaching 1.11349 and pullback neatly then you can execute your trade
Reminder; Always try your best NOT to rush to UNSTABLE Market.
SELLBreak of rising trending line. Looking for break of trigger level followed by retrace for entry. Levels of interest on chart
EURUSD Nov 29The main range is 1.0879 to 1.1179. The EUR/USD is currently trading inside its 50% to 61.8% retracement zone at 1.1029 to 1.0994. The recent price action suggests this zone is controlling the near-term direction of the Forex pair.
The short-term range is 1.1176 to 1.0989. Its retracement zone at 1.1083 to 1.1104 is resistance.
EURUSD 4H - BearishDears,
as you can see we have AB=CD and this makes it bearish.
God knows and good luck
THE MEERKATS VIEW ON THE EURUSD ANALYSIS.MONTHLY
PRICE HAS BROKEN LOWER TL AND LOOKS BE BE HEADING DOWN TO LEVEL 1.05373
EURUSD SHORT- BEARISH HARAMI AT SUPPORT
- IF A DOWNWARD GAP (WINDOW) OCCURS UPON MARKET OPEN THEN THAT WILL BE A SOLID SIGN TO GO SHORT.
EURUSD - We've gone long FX:EURUSD
OANDA:EURUSD
FOREXCOM:EURUSD
SAXO:EURUSD
EURUSD - Intraday - We look to Buy at 1.1282 (stop at 1.1242)
Inside Soldiers have been posted on the daily chart. Selling posted in Asia. The medium term bias remains bullish. Broken out of the wedge formation to the upside. The formation has a measured move target of 1.1448. The Marabuzo support is located at 1.1289 half net gains from 1.1209 to 1.1369. Bespoke support is located at 1.1282.
Our profit targets will be 1.1425 and 1.1445
Resistance: 1.1400 / 1.1425 / 1.1448
Support: 1.1316 / 1.1282 / 1.1276
Overall View of EURUSD 1.13478 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. After a strong reversal signal on June 12th, the odds of a bear trend became higher.
Possible targets : @1.12000 (+75pips) and @1.11200 (+150 pips).
Advice : Stay bearish and sell at any high point while we don't break the resistance zone or 1.13478 top level.
Correlated pairs : USDCAD (-87.8%) and XAUUSD (62.5%).
We are more likely to experience a strong bull spike with the USDCAD while a minor effect on the XAUUSD.
EURUSD 2 Weeks expectation (generally short)I believe Eur will rise in the early next week, but going to the end of the week it will go short till 7th June.
