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Eurusdforecast

EURUSD | Perspective for the new week | Follow-up detailsAll eyes will be on the Non-farm payroll on Friday as investors want to know whether the Federal Reserve can create a “soft landing” while raising interest rates to combat inflation that has been running at four-decade highs. However, from a technical standpoint, the current market structure still screams "bearish". In this video, I shared my technical opinion on my expectation this week as I look forward to a potential decline for the Euro. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
EUR/USD with another move DOWN!Hey tradomaniacs, previous breakout of the consolidation could give us a nice opportunity to follow the momentum as soon as structure gets re-tested. Since EUR/USD gets traded around the parity I`m very cautious with shorts as price could get stabilized and manipulated by the ECB as the reputation of Lagarde & Co is already suffering. However, technically a good chance if confirmed to trade down to the key-support-zone with a nice Risk-Reward.
Short
by Trading2ez
1
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - According to the analysis we gave the previous day, the EURUSD DOWN SIDE WAVE has gone up about 60 ++ PIPS. We hope you get it anyway. As we have given it, the UPSIDE WAVE is moving. - Currently the MARKET SENTIMENT for EUR is slightly UP SIDE. The main reason for that is that all MARKETS including STOCKS and STOCKS are DOWN due to MARKET RISK being ON. And due to the ECB RATE HIKE SENTIMENT, EUR is being BUYED. It will greatly affect the US dollar to weaken it. - Definitely, according to the market structure, EURUSD can go down to the support level below. Currently there is a good UP SIDE BIAS in the MARKET for EUR. Accordingly, EURUSD can go down to 0.9858 LEVEL. And after that EURUSD can be BUY to the 1.0259 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it. eurusd
by benny_marshall
EurUsd- Back to main ideaIn my yesterday's comment I said that EurUsd can rise towards 1.01 and, indeed, the pair made an intraday high at 1.0080. This rally was quickly reversed and now EurUsd is trading again near parity. Looking at the price action in the past week we see that although the pair seems to stabilize, bulls are unable to take control, and rallies are sold. From both technical and fundamental point of view, Usd is stronger than its counterpart and I expect a continuation of this aggressive downtrend. 1.01 remains resistance and rallies towards that zone should be sold. 0.97 is a good target for bears.
Short
by Mihai_Iacob
18
A bottom has formed in EUR/USD, will it reach 1.04?As predicted in my previous idea, EUR/USD has crossed 1.00 level and is also close to my second target of 1.0050. But, in this idea, I am doing a daily chart analysis of EUR/USD. As you can see, a bottom seems to have formed in EUR/USD with the 0.99 level being a strong support so far. So, the likelihood of a bullish rally to 1.04 can not be ruled out. So, buyers who have already bought at 0.9950 level or below can continue to hold their buy trades and keep taking partial profit as EUR/USD continues to go up. I would not recommend new buy trades at this level. In my opinion, one can buy if EUR/USD dips to the 0.9950 level again.
Long
by YourLazyTrader
13
EUR/USD 4H Chart analysis, minor support intactIn the 4hourly chart of EUR/USD, we can see that the minor support level at 0.99 zone is still intact. Thus the likelihood of a small relief rally to 1.0050 is still lingering. That being said, the fundamentals of EURO remains quite weak against the US Dollar. So, bulls must be careful. Short-term traders can take advantage of the current volatility and trade in both directions. I would be looking to buy EUR/USD in the support zone near 0.9920 with a small stop loss to keep the risk low. Targets would be 1.00 and 1.0050 respectively.
by YourLazyTrader
23
EurUsd- New low's loomingLast week, EurUsd clearly dropped under parity and reached a low at 0.99. After this low, we have 3 attempts to reconquer this important figure and all failed badly with Friday's spike leaving a very long-tailed pin bar on our chart. Both technicals and fundamentals are aligned for a stronger USD and in EurUsd's case I expect a continuation to the downside and a drop to 0.97 I'm strongly bearish as long as 1.01 is intact and selling rallies can be a good strategy My Previous EurUsd analysis
Short
by Mihai_Iacob
12