Eurusdidea
EURUSD Sell to 0.995Fundamentals
EUR - renewed energy crisis worries
USD - Positive economic data releases which impacts future rate hikes
Technicals:
EURUSD - Daily rejected 1.025 with a bearish engulfing on an overall downtrend structure
DXY - Rejected 105.5 with a bullish engulfing, expecting USD to get stronger in the next few days.
EURUSD 2H TRADING RANGE DEFINEDA 2H trading range marked out as price creates and effective mitigation of a demand zone, Choch already in line to play out as M15 looks sharp in the bulls favor. Order blocks marked out but still susceptible to liquidity grab but bias is confirmed with a break of 1.01935
EURUSD: Gains should be limited!EURUSD
Intraday - We look to Sell at 1.0245 (stop at 1.0298)
Following yesterday's bearish candle, the overall trend lower looks set to continue today. A firmer opening is expected to challenge bearish resolve. Resistance is located at 1.0250 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets will be 1.0100 and 1.0050
Resistance: 1.0250 / 1.0600 / 1.1200
Support: 1.0100 / 1.0000 / 0.9800
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EurUsd to resume its downtrendAs I expected and said multiple times, EurUsd reached parity and after the short-lived dip under in mid-July, the pair has started to reverse.
However, this rise is corrective in nature and now the pair is facing a strong confluence resistance given by the downwards channel's resistance and the horizontal one.
I remain very bearish on this pair and still expect a clear drop under parity.
Sell rallies in this resistance is my strategy
DeGRAM | EURUSD false breakEURUSD made a false break of the resistance level at 1.02700.
Since the market is moving in the ascending channel, it might retest the lower border of the channel.
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EUR/USD SHORT BUY OPPOTUNITY NOW..
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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EUR Pairs top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.