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Eursudlong

EURUSD H1 / POSSIBLE SCENARIO FOR LIQUIDITY H1 CLOSE 📈Hello Traders! This is my idea related to EURUSD H1. I expect a small retracement until we will go to close that liquidity gap. I expect a reaction from that OB, and if confirmed, I will look for a long entry. Also, I expect the DXY very weak next week, that's why I will look for a long entry (if confirmed, I will look only for long entries). Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
by GoodTradeST
EURUSD M30 / Possible Retracement Until the Resistance Level✅Hello Traders! This is my idea related to EURUSD M30. I expect a long move until the resistance level, after retracing from the OB H4. I consider the retracement from the OB a good sign for bullish sentiment. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Long
by GoodTradeST
2
EURUSD M15 / STRUCTURE CHANGE, LONG OPPORTUNITY ✅Hello Traders1 This is my idea related to EURUSD M15. We can see a structure change in the chart, I still see DXY as weak, that's why I expect an increase of EURUSD until the price of 1.10000. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Long
by GoodTradeST
2
the big question! Retest or new Lows?Eur/Usd has been trading sideways for a while and i reason to believe that it will break out with the US inflation news. > Now what i will share with you is something i discover recently and should give more insight on how to trade it N.B. now for this to work we have to first believe that what ill share makes sense, then we can cipher it. what we are given: > channel on 3 day chart > US Cpi news Wednesday > clear understanding of eurjpy and usdjpy?????? > 3-day price containment of resistance 1.023 and support of 1.01 >for this purpose, we will define containment as: price failing to close/open above/below the given support/resistance. > NB price can breach these levels but can't maintain outside it. >if price maintain outside these levels, we have a breakout and we trade with the trend. How to trade this > choose a bias and pray that it goes in our direction 50/50 chance or > we use price action, news, technical analysis and price correlation. technical Analysis: > see my explanation of usdjpy & eurjpy then proceed News: >us cpi news on Wednesday could determine usdjpy & eurusd next breakout. price action : > Usdjpy has the potential to do two things continue breakout (create new highs / break 139) or switch over to form a head shoulder with neckline at 127 > Eurjpy is in a downward channel with next resistance at 140/142 if gets rejected we can see a retest to 133/134 > Eurusd is in a channel R: 1023 S: 1.011 for a while, and with a breakout we could see new lows of .98/.97 or retest of 1.04 price correlation: NB as eurusd approaches closer to "1" we see the price of usdjpy approaching eurjpy each other NB since this is an important usd news we can assume a breakout of eurusd *********************IF NEWS IS INTERPRETED AS GOOD ********************* > we should see eurusd possibly breaching the 1-dollar zone . We go long and hold for a usdjpy break out . we short eurusd until it finds a new zone below dollar zone . we can also short eurjpy 140/142 back to its previous support 133 *********************IF NEWS IS INTERPRETED AS BAD ********************* > we should see eurusd possibly retesting its previous support . we short usdjpy on bad news . we go long on eurusd for a break out . we also short eurjpy at 140/142 region BRING IT HOME IF WE CAN UNDERSTAND THE CORELATIONS AMONG THESE THREE CHARTS WE CAN TRADE THEM ACCORDINGLY WHEN EURUSD APPROACHES 1 THE PRICES OF USDJPY /EURJPY COMES CLOSER IF EURUSD GOES FUTHUR AWAY FORM +1 EURJPY INCREASE IN VALUE MORE THAN USDJPY IF EURUSD GOES FURTHUR AWAY FROM -1 USDJPY INCREASES IN VALUE MORE THAN EURJPY
by shermuelinvesting
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.
Long
by tsmarts
EURUSD - Limited downside EURUSD - Intraday - We look to Buy at 1.1138 (stop at 1.1103) Price action continues to be mixed and volatile for 5 days in succession resulting in spikes in both directions. A Morning Doji Star formation has been posted at the low. The medium term bias remains bullish. Trading within a Corrective Channel formation. Trend line support is located at 1.1152. Posted a bearish Flag formation. A break of 1.1228 is needed to confirm the outlook. The formation has a measured move target of 1.1370. Bespoke support is located at 1.1137. The 50% Fibonacci retracement is located at 1.1138 from 1.1027 to 1.1250. Our profit targets will be 1.1370 and 1.1400 Resistance: 1.1228 / 1.1249 / 1.1370 Support: 1.1152 / 1.1138 / 1.1112
Long
by Signal_Centre