EURUSD 2023 Know your year! Act early! Don't be surprised! 2 minutes to read and reveal the the matrix!
2 clear, important periods for EURUSD in the last close to 20 years of trading circled red on the chart.
Period 1 - August 2020 - Feb 2022
"False break period"
Initially, pandemic caused a rush of investment, landslide USD down as cash was poured into
stocks, cryptocurrency, etc..
But peaking around December 2020, due to FED starting to rapidly increasing interest rates,
causing cash to be very attractive compared to keeping it invested during all time highs, as well as
making loans much more expensive, USD started to gain strength again, BIG TIME, most aggressive policy
to increasing interest rates was implemented during the coming months.
In the meanwhile, EUR delayed increasing interest until July 2022, which explains the huge amount of USD cash compared to EUR in the circled period
and beyond, until bottoming at the bottom of the wedge around late 2022 when ECB started pumping interest.
Period 2 - Jan 2023 - Today (Feb 2023)
"Fresh yearly breakout period"
With the ECB targeting higher interest to 3.0%, 3.25% and 2.50% which is a higher
expectation from 2.50%, 2.75% and 2.00% just from December 2022, making EUR more attractive
to keep cash and less scarce (more expensive to lone) - While the USD is pretty much maximized as
to increasing interest / stimulating the economy as during 2020-2022 FED used pretty much
the entire toolbox - Leaving 2023 as the year for EUR with the FED playing all the cards they had.
The technical breakout we see up above the falling wedge resistance makes perfect sense with the
fundamentals - Making EURUSD a long term strong buy position for the year.
This is a must know chart to be confident while trading EURUSD .
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Always do your own research and practice caution while trading, especially leveraged products.
I would really appreciate comments, questions or any interaction - Thank you!
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Eurusdidea
EURUSD Long Opportunity Wait for EntryRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
DeGRAM | EURUSD back to consolidation zoneEURUSD returned to consolidation zone at 1.09300 and 1.08400 level .
Price action has previously rebounded from the zone.
Price action is likely to move down from the confluence zone.
We expect a pullback from the resistance level .
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DeGRAM | EURUSD trend continuation opportunityEURUSD broke out of consolidation zone and reached a major resistance/psychological level at 1.1000.
Price action is printing HHs and HLs, indicating a bullish trend .
The daily timeframe suggests that the price could fall to the psychological level of 1.1000 and continue trending north.
We anticipate a classic breakout pullback continuation trade opportunity.
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DeGRAM | EURUSD in consolidation EURUSD is trading in a consolidation zone.
The market broke and closed above the trendline, indicating that the bearish pullback has ended.
We expect a retest of the major resistance since the market is in a bullish trend, or we anticipate further consolidation until price action shows us otherwise.
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EURUSD 4H: 27/01/2023: Bullish or what?
Main idea:
Since there is huge liquidity above 1.09362 and in addition, this liquidity pool is below an important supply zone we expect the price to move up to collect these liquidities.
So the price can rise from here or move down to our demand zone and then goes up.
💡Wait for the update!
🗓️27/01/2023
🔎 DYOR
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DeGRAM | EURUSD short opportunityEURUSD broke out of consolidation zone.
Price fell from a strong resistance level of 1.08500, and the price action is printing LHs and LLs, indicating a bearish trend .
The daily timeframe suggests that the price could fall to the 1.07000 support level .
We anticipate a bearish move; all confluences indicate that the price may fall.
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EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
DeGRAM | EURUSD range breaking EURUSD is trading in the descending channel.
The markets printed multiple massive red candles, meaning that bulls were pushed back.
Price broke and closed below the consolidation zone. Additionally, the price action is making lower lows.
We expect a sharp bearish move and an AB=CD pattern.
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EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on EURUSD .
After the change of character and break of structure on H1 timeframe we are bearish, so I am looking for shorts. I expect price to continue retracement and then to reject from bearish orderblock.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
EURUSD Long Idea setupPrice is trading above the 200EMA, pair is in an uptrend as well as flowing up the channel on the 4H . Potential double bottom setup, looks like time for another push
Entry 1.08500 - 1.08700
TP1 - 1.09200 once broken, could potentially see more upside
TP2 - 1.09600
Tp3 - 1.09800
SL - 1.08200
EUR/USD :: Now it is time to return !!!EUR/USD :::
The price has entered the specified range, now it is time to return to the 1.08 range.
The price performed the correction movements that were predicted well, now it is time to move towards
Support lines .
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DeGRAM | EURUSD in consolidation EURUSD broke out of the ascending channel and retested it.
Price fell from a strong resistance level of 1.09300, and the price action is printing HHs and LLs, indicating indecision or consolidation.
The market formed AB = CD pattern.
We expect a move down and further consolidation.
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EURUSDThe trend is tired, and indicators show too much divergence and orange line is bottom line of previous biggest triangle and it's really important. I show all of important lines and areas in my chart, the price is in the small channel and i think if it breaks down, the price can touch previous bottom or last top. before trade have a look on DXY chart.
DeGRAM | EURUSD pullback expectedEURUSD is trading in an ascending channel.
The market is decelerating at resistance level, meaning candles are getting smaller.
We have an AB=CD pattern where the D point is slightly above the resistance level.
On the 4H timeframe, we can see divergence.
We expect a bearish move; all confluences tell us that price could make a pullback.
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EURUSD: Bearish 1H Possible Rejection at 1.09070The EURUSD pair is bullish in the short-term, however, a correction may occur if the price rejects at the current level of 1.09070. The outcome of the February rate decision may also greatly impact the value of the pair. Traders and investors should keep a close eye on the market and be prepared for any fluctuations.
Fellow traders and investors, it would be valuable to share your thoughts and opinions and stay updated by following me for more information.
DeGRAM | EURUSD range as support levelEURUSD market is trading above the psychological level of 1.8500 and consolidation zone.
Price has rebounded from the consolidation zone that acts as a support.
Price pulled back from the consolidation zone, and it might go to retest the upper channel's border.
We expect a retest of the resistance level .
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