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Eurusdbullish

EURUSD: Fall or rise focus here This is its 1h chart. It can be clearly seen that it has gone through a downward trend channel in the early stage. It has recently stepped out of this channel and built a small bottom. It is currently testing the first resistance and whether it can convert the resistance to support. is the most important thing right now. To judge it, in addition to analyzing its own trend, we also need to analyze it in combination with the trend of DXY. In EURUSD's 1h chart, it is currently stepping back to MA30, but the overall pattern is still more advantageous for bears. The lower MA60 is near 1.070, and the support here will be relatively more effective. In the 1h chart of DXY, MA30 has just been broken, and MA60 is near 103.8. If it cannot break through by then, it will fall back again, confirming the support of MA20. On the 1D chart, the strong support of DXY is around 102.4, and the resistance is 103.85. If it breaks through, the top can reach around 105.6. It can be inferred that EURUSD will still be under pressure at 1.088 with a high probability. Of course, to reach 1.088, the process of turning the current resistance into support must first be completed. In the near future, focus on the support around 1.073-1.069. Resistance near 1.08-1.09. If it falls below the support, there is a certain probability that the bottom will be around 1.048 (DXY105.6)
Short
by EagleEyeStrategy
EURUSD: Buy EURUSD is currently in a relatively obvious downward channel. Today, the lowest fell to around 1.094. This is also the starting point of the last rise. There was support. It rebounded to around 1.098 and then fell back. From the trend point of view, it has not yet stepped out of the downward channel, but here A pattern similar to a double bottom appears. If it can get support around 1.096, it will try the resistance around 1.098 again. The probability of breaking through is relatively high. The upper target is around 1.10, so my trading signal is to go long. Trading Signals: buy: 1.096-1.095 tp: 1.099 sl: 1.094 sell: 1.101-1.103 tp:1..099 sl:1.103 Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
Long
by Roey_
2
EURUSD H1: Bullish outlook seen, further upside above 1.0780Prices have broken past a key support zone at 1.0880 on the H1 timeframe. A throwback to this support zone, which is in line with the 38.2% Fibonacci retracement, could provide the opportunity to play the bounce to the resistance zone at 1.0900, which coincides with the 50% Fibonacci extension. Prices are holding above the 20 EMA, and MACD is showing bullish momentum while ADX is above 25, supporting our bullish bias.
Long
by T3-Consultancy
EURUSD H1: Bullish outlook seen, further upside above 1.0650On the H1 timeframe, prices are showing bullish order flow, with higher lows and higher highs formed. A throwback to the support zone at 1.0650, which coincides with the 38.2% Fibonacci retracement, could present an opportunity to ride the bounce to the support-turned-resistance zone at 1.0720. Prices are holding above the Ichimoku cloud and 50 EMA as well, while ADX is indicating a strong trend and MACD is showing bullish momentum, supporting the bullish bias.
Long
by T3-Consultancy
1
EUR/USD: Sell on Highs Yesterday, X made it clear that the impact of news is only short-term, and once the energy is depleted, it will return to its original pace. So far, this view is correct. The current market trajectory has begun to gradually recover, which will also help predict future trends. Since the market has gradually started to recover and entered the original operating rhythm, the trend of the US dollar index will also be relatively easier, after all, the overall direction is still bullish, while EUR/USD is bearish. In summary, it is recommended to sell on highs for EUR/USD today, combined with the market conditions and the following suggestions: Short at the range of 1.0660-1.0670, with a stop loss of 20 and targets at 1.0640, 1.0620, and 1.0600. FX:EURUSD
Short
by investmentMr-X
1
Bullish outlook on EURUSD: 3 February 2023Prices have tested a key support zone at 1.0780 on the D1 timeframe. A throwback to this level, which is in line with the 61.8% Fibonacci retracement, could present an opportunity to ride the bounce to the resistance zone at 1.1150. A break above this level would be an upside confirmation, which could provide the bullish acceleration to the next resistance zone at 1.1450. Prices are lying above the Ichimoku Cloud as well, supporting our bullish bias.
Long
by OrtegaCapital
1
EURUSD buying opportunity | 28 November 2022- On the H4 timeframe, EURUSD came to test the resistance turned support zone at 1.02000, where a breakthrough led its ascent to the next resistance zone at 1.04650. Price retraced back down to the previous demand zone again, where it was aided by upbeat economic data in the EU and a confirmation of rate hike slow downs in the US to ascend back to the 1.04650 resistance zone again. In the weeks ahead, we forecast that the retreating dollar will extend the Euro’s bullish momentum to the next resistance zone at 1.07500. - Stochastic RSI has dipped and exited the oversold region, where we can also see a bullish divergence. Meanwhile, EURUSD tapped into the lower bound of the Bollinger Bands, before ascending over the Moving Average to current price. Both technicals are showing bullish signals, which supports our bullish bias.
Long
by T3-Consultancy
EURUSD buying opportunity | 17 Nov 2022The Euro experienced a rapid ascent on 10 November following the Dollar’s nosedive after lower than expected US inflation data was released the same day. Traders temporarily hesitated at the psychological barrier of 1.01800, but gave way to recent Dollar weakness that extended the bullish bias. Once again, price encountered a barrier at the 1.03200 resistance zone which coincides with the 23.6% fibonacci retracement, but managed to push through after testing the zone multiple times. Having skyrocketed over the week, we expect price to continue increasing at a more gradual pace to the next resistance zone at 1.05800. Stochastic RSI is in the oversold region, where an exit of this region could see more upside, while price is lying above the Ichimoku cloud, supporting our bullish forecast.
Long
by T3-Consultancy
1