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Eurusdforecast

EURUSD: Double top hunting?!EURUSD Intraday - We look to Sell at 1.0582 (stop at 1.0632) The medium term bias remains bearish. We look for a temporary move higher. Previous resistance located at 1.0600. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 1.0450 and 1.0400 Resistance: 1.0600 / 1.0785 / 1.1165 Support: 1.0450 / 1.0360 / 1.0200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
EURUSD is showing signs of bullish reversalEURUSD is showing signs of upside reversal. The pair bounced up from the May 2022 low. On top of that the pair has printed bullish reversal pattern and continuation pattern on lower timeframe which suggest that the pair is more likely to extend to the upside. I will closely monitor further developments for buy opportunity in this market targeting 1.063 and 1.074. If you find this idea helpful please be kind to support it with likes. I will highly appreciate it.
Long
by Forexintelligence_NA
A long-term look at EUR/USD. Is a Bullish reversal on the cards?Dear traders, selling EUR/USD at 1.0760 has been very profitable for us. We also managed to buy EUR/USD at 1.0365 and bagged 240 pips from the bottom. In this idea, we will take a look at the weekly chart to have a better grasp of the long-term trend of EUR/USD. Currently, EUR/USD is sitting in a very crucial area. It's a level from where trend reversal happened back in 2016 . Such levels are quite significant in the financial markets. At present, we have a Doji Candlestick in the weekly chart. Now, usually, when a Doji forms after a long-term downtrend or uptrend, it signifies a reversal. Since the Doji has appeared at a key level, this makes it even more important. In my opinion, there is a very good chance of a reversal and we might see EUR/USD at 1.08 in the next few weeks provided the bulls are able to defend the 1.04 level. I would be looking to buy the dips between 1.0380-1.0460 with 1.08 as my TP
by KaltoireCapital
13
+230 PIPS TP hit in EUR/USD, will the uptrend continue?Dear traders, EUR/USD has bounced off from the 1.0380 level as I mentioned in my previous idea. So, whoever bought at that level certainly made 230+ Pips profit. I am attaching the previous idea below for reference. Currently, EUR/USD is facing some resistance in the 4H timeframe and price has gone through some pullback. However, in my opinion, EUR/USD will reach 1.08 level by the end of the this month or early next month. So, my preferred plan is to buy the dips in EURUSD.
by KaltoireCapital
13
EURUSD - CURRENT SENTIMENT ANALYSE , DXY - DXY is currently at 105,286 LEVEL. Also the EUR FEATURE stays at 1.0451 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little before BUY. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP. - The EURUSD PRICE can be slightly up to 1.0652 LEVEL. Maybe a change from the USD HIGH VOLATILE EVENTS coming up in the coming days. So stay tuned. If the MARKET moves to the DOWN SIDE the EURUSD 1.0279 LEVEL can be DOWN.
by benny_marshall