Eurusdforecast
EURUSD 4hSo this is my analysis for the coming days ahead for EURUSD.....Inside my 4 hour demand, i have 2 demand zones. A primart and a secondary demand zone.... But in order foro price to go that deep into tapping my demand zones, i'd expect it to mitigate the supply zone marked above by a pink rectangle for momentum downwards.
EURUSDSo this is my analysis for the coming days ahead for EURUSD.....Inside my 4 hour demand, i have 2 demand zones. A primart and a secondary demand zone.... But in order foro price to go that deep into tapping my demand zones, i'd expect it to mitigate the supply zone marked above by a pink rectangle for momentum downwards.
Long Position on EURUSD-4HHello Traders !
This is the EURUSD Technical Viewpoint in The Short Term .
From the present level to the resistance zone shown in the above chart, EU is going in a buy direction; as a result, we may witness a strong rejection when the price reaches the downtrend.
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EURUSD | Perspective for the new week | Follow-up detailsFollowing the choppy scenario in the last couple of weeks, the EURUSD was unable to find direction as it appears participants are waiting for a catalyst for a signal on where the price is heading. However, the current structure in the lower time frame reveals buying power at around the $0.99 zone. In this video, I shared my technical opinion on my expectation this week as I look forward to a decline in price if the price breaks down and retest the $0.99 area for the Euro.
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EURUSD posssible buy zone!!EURUSD (4H) has broken out of the local resistance after a reversal pattern. It is a high probability EURUSD will rise up to test the important monthly resistance before continuing its downtrend. Upon replacement and rejection, a buying opportunity may arise.
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DeGRAM | EURUSD range breaking EURUSD gained momentum, and it's moving up to major resistance zones.
The market broke the range and most likely it is going to retest the global trendline.
On the weekly timeframe the market massively oversold.
We expect bullish moves.
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EurUsd- Pressure is lifted, 103 is very probable nowAs I've written yesterday and on the 6Th of September, EurUsd seems ready for a correction.
Yesterday has been a volatile day for EurUsd which went above and under parity and finished the day with a Doji.
Looking at the 4h posted chart we can see that after an initial rise above parity, the pair fell strongly but found strong bids in 0.9930 and reversed strongly overnight, putting in a higher low on our chart.
At this moment EurUsd is trading just under the recent range's resistance and a break un seems very likely. In such an instance I expect the pair to accelerate its gains and rise to 1.03 zone resistance.
I expect parity to remain intact for the time being and dips should be bought in search of a good R: R considering a stop loss under yesterday's low and a target in mentioned resistance.
Best of luck!
Mihai Iacob
My Yesterday's analysis:
EURUSD ON THE RISE!!!The Narrative for this LONG goes like this:
The overall perspective is when you look at the trade from 50k feet vs the regular Daily Perspective. Some days when the market seems NOT to follow the script that's when you step back and look a the BIG Picture.
It's clear that EURUSD has tapped Buy Side Liquidity. The Wicks are liquidity runs tapping stops below structure before the main move. This is #SniperMarketMechanics
The market doesn't want anyone to make money on the main moves thus it throws wicks to knock out the stops that it knows lies right below structure. Why do you think it's called (Liquidity Runs)?
Nevertheless Stop losses are great to protect your capital in the situations when you cannot monitor the trade manually.
We are currently in the MZ when price volume begins to wake up and also creates the High and the Low within the MZ Structure. At 12am the algorithm that delivers price to the market creates a new high or low
depending on the BIAS of the day. You gauge that from the higher time frames like Daily Weekly Monthly. The higher TFs give you a great perspective of what price wants to do that day.
Now let's add the fundamentals into the script. The ECB just today raised interest rates by 75 Basis Points. Which should inject the EURO with some much needed rocket fuel to propel it upwards out of parity territory.
Contrast that to the DXY - Fed Chair has vowed to bring inflation down by raising interest rates which should effect the DXY and cause the bubble to burst.
The DXY is the ying to the yang of EURUSD and US base pairs. So this trade set up looks like a great NASA Project ready to take off to the moon. The ADR for EUR USD is 88-101 Pips. And that can be hit in one day of trading.
Finally, Never Over leverage. Take in account the inevitable pull backs and stop hunts that the algorithm is programmed to engage at certain times of the day.
Trust the set up. Give the trade time to fall aka TREND into the script.
Most importantly HAVE FUN!!! There are no do overs in this beautiful blessing we call life or FOREX so make it all count.
I AM Pro Trading Made Simple. master Jedi & Sensi of #SniperGang
EVERYBODY EAT$
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #XAUUSD
According to the analysis given to XAUUSS earlier, the TREND LINE BREAKED and went UP about 80 PIPS. We hope you get it.
We have some very important NEWS coming to the USD this week, especially tomorrow. So we have to wait a bit until we get them. There was a SPEECH by FED CHAIRMAN yesterday. There are two more FOMC MEMBERS SPEECHES today.
Anyway, with US10Y up, GOLD is going up a bit now. Anyway, we expect GOLD to go down to 1671 LEVEL. After that you can definitely move to 1782 LEVEL GOLD. Be careful.. eurusd
EURUSD 1W - Buy alert (HIGH PROBABILITY TRADE)An ‘M’ formation has for on EURUSD 1W timeframe, we are expecting price to get back to the neck line (1.0166) to complete our ‘M’ formation strategy. Let’s get ready for the rise!
NB|USE PROPER RISK MANAGEMENT
ENTRY PRICE:0.9970-1.0000
STOPLOSS:0.9920
TAKE PROFIT:1.0166
Has EUR/USD finally reversed? ECB meeting to offer clarityFor the past week, I have been stressing on the importance of the 0.99 support level in Euro and why Euro will regain parity again. As you can see, EURUSD is above 1.0 as predicted. So, has EUR/USD finally reversed? In my opinion, today's ECB meeting will be the deal maker for the Euro as traders are waiting for some clarity.
That being said, I think EUR/USD will eventually be above 1.04 in the coming 6-7 weeks. It would be a wise approach not to place any new trades ahead of ECB meeting. However, if price dips to the 0.9920 level during the meeting, I would be looking to buy again as I have done multiple times in the last week.
EURUSD may breakdown!!EURUSD(4H) has broken out of local resistance and over-extended to the upside. As the long-term trend is down, the price is currently in the daily 20EMA zone, we could see a strong rejection from this as it seems it's a liquidity grab.
Upon price action confirmation, there could be a selling opportunity.
Will EurUsd reconquer parity?Two days ago I wrote that even if the long-term trend remains short, EurUsd may have found a bottom and a correction becomes very likely.
Yesterday, after yet another drop under 0.99, EurUsd has strongly recovered and now is trading slightly under parity.
Considering the lack of power from the bears to clearly break support we can expect a reversal and a daily close above parity would confirm 0.9880 as a bottom (at least for now)
This correction could have 1.03 as the target and 1.01 as interim resistance