EURUSD and GBPUSD Top-down analysis Hello 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.
Eurusdideas
EURUSD / TRADING UNDER UPWARD PRESSURE / 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
Current Movement to Supply Zone (1.092 - 1.095):
• Prices are attempting to reach a supply zone between 1.092 and 1.095. This level acts as potential resistance where sellers may enter, potentially halting further upward movement.
Potential Decline to Demand Zone (1.085 - 1.083):
• If prices face resistance near 1.092 - 1.095, they might pull back to the demand zone between 1.085 and 1.083. This demand zone represents a level of support where buyers might enter, stabilizing prices.
Outlook if Prices Stabilize Above 1.085 - 1.083:
• Stabilization above this demand zone suggests an opportunity for prices to increase. The next target is another supply zone between 1.101 and 1.104, which could act as a new resistance level.
Risk of a Decline if Demand Zone is Broken:
• If prices break below the demand zone (1.085 - 1.083), it signals potential for further decline to a lower demand zone (1.079 - 1.076). A break below 1.076 would likely confirm a downtrend.
Trend Confirmation Based on Zone Breaks:
• Breaking the supply zone (1.092 - 1.095) would signal an uptrend, while a break below the demand zone (1.079 - 1.076) would confirm a downtrend.
EURUSD / UNDER FOMC PRESSURE / 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
The price has declined by 60% after breaking out of a channel .
Currently, the price is approaching a demand zone between 1.093 and 1.091. This zone is where buyers may step in, stabilizing the price.
If the price stabilizes within this demand zone, it is expected to bounce up to the FVG between 1.098 and 1.102. The FVG represents a gap in the price where there was little trading, which often acts as a price target for retracement.
If the price breaks through the FVG, it could rise further, targeting the supply zone between 1.105 and 1.108, where sellers may re-enter the market and apply downward pressure.
On the downside, if the price fails to hold in the demand zone (1.093 to 1.091), it may decline further to another liquidity or demand zone around 1.088, where buying interest could once again materialize.
Supply Zone : 1.105 and 1.108.
Demand Zone : 1.093 and 1.091.
FVG : 1.098 and 1.102.
EURUSD continues to be bearish
On Wednesday, EUR/USD fell back after failing to break through the channel resistance below 1.0600, ending a two-day streak of gains. The U.S. dollar's overall strength, driven by a sharp rise in U.S. bond yields, also exacerbated the EUR/USD fallback. U.S. dollar yields rose across the board, with the 10-year U.S. Treasury yield soaring above 4.90%, the highest level since 2007.
The resilience of the U.S. economy has provided support for the steady strengthening of U.S. bond yields, while geopolitical conflicts in the Middle East are intensifying. The euro is likely to maintain a bearish bias against the dollar in the near term and may refresh its 2023 lows.
From a technical point of view, if the EUR/USD price accelerates its decline in the future, the exchange rate may stabilize above the trend line support of 1.0500 and ease the downward pressure. However, if it falls below this support, the exchange rate may accelerate towards the 2023 low of 1.0448. . If there is further decline, bears may push the pair towards the key support level of 1.0350.
On the contrary, if the market sentiment turns to support the bulls and the euro price rebounds, the upper resistance level looks towards 1.0600-1.0625
In the short term, I recommend continuing to be bearish. If you need more analysis, please join me.
EURUSD, To ShortLast Thursday's ECB Press conference lacked hawkish statements which weaken the currency to slide down the levels as majority of the ECB Board wanted a pause in the rate.
The EURUSD has been on a descending channel since 17th July to date.
Price is currently correcting after hitting the 1.06310 support level and it is expected to fulfil a Fibonacci retracement to the 61.8% level before further shorts down to the 1.05192 support level.
EURUSD Top-down analysis Hello 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 Long Term Selling Idea Hello Traders
In This Chart EURUSD HOURLY Forex Forecast By World of Forex
today GBPCAD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
How important is liquidity in the forex
In the foreign exchange market, understanding liquidity and volatility is crucial for investors, as liquidity refers to the level of trading activity and volatility is highly influenced by liquidity. If liquidity is too poor, it can lead to significant price fluctuations, making it difficult for investors to manage risks.
What is liquidity, and why is it important?
Liquidity can be used to observe the level of activity in the foreign exchange market, specifically how many buy and sell orders are actively traded.
The foreign exchange market is a 24-hour trading market, with a daily trading volume of nearly $6 trillion, making it one of the most liquid markets in the world.
However, it is worth noting that not all currency pairs have excellent liquidity in the foreign exchange market. In fact, currency pairs often have varying degrees of liquidity depending on whether they are major, minor, or exotic currency pairs. Liquidity decreases in the order of major currency pairs -> minor currency pairs -> exotic currency pairs.
What are the major currency pairs with the "best" liquidity?
EURUSD
The euro against the US dollar is the most actively traded currency pair in the foreign exchange market due to the eurozone and the US being the two largest economies globally.
Due to the enormous trading volume of the EURUSD currency pair, it also has high liquidity, making its volatility usually lower than other currency pairs. However, even the most liquid instruments can experience significant price swings under certain conditions, such as the outbreak of the Covid-19 pandemic in March 2020, when the Fed implemented zero interest rates and unlimited QE, causing the EURUSD to surge instantaneously, one of the high volatility scenarios.
USDJPY
The US dollar against the Japanese yen is the second most traded currency pair in the foreign exchange market, second only to the EURUSD.
The USDJPY currency pair also has high liquidity because during periods of economic uncertainty or financial market turmoil globally, the Japanese yen is widely regarded as a "safe-haven currency." Thus, market funds are easy to flow into buying the Japanese yen, often resulting in a significant increase in trading volume of the USDJPY currency pair.
GBPUSD
The British pound against the US dollar currency pair is also known as "Cable" because GBPUSD was the first currency pair to be traded via transatlantic communication cables.
The UK and the US are two major Western economies with close trade relations, making the trading volume of GBPUSD also massive.
What are the "lowest" liquidity exotic currency pairs?
Exotic currency pairs usually have the lowest liquidity, such as the Polish zloty against the Japanese yen.
As the economic trade volume between Poland and Japan itself is not high, the delivery demand or hedging risk demand of the two currencies is relatively small. Therefore, exotic currency pairs usually have low liquidity.
Does the liquidity of the forex market vary during different trading sessions throughout the day?
In daily forex trading, there are periods of low activity, such as during the Asian session when prices tend to consolidate. However, during the London and US sessions, prices are more likely to experience significant fluctuations.
Among the trading sessions throughout the day, the US morning session has the best liquidity, as it overlaps with trading hours in Europe and London. The forex trading volume during the European and London trading sessions accounts for over 50% of the daily global trading volume, with the overlapping period with the US morning session accounting for approximately 20% of the total daily trading volume.
The volatility of forex is directly influenced by liquidity.
Liquidity has a significant direct impact on market price volatility in all financial markets, including the forex market. High liquidity markets have higher trading volumes and therefore lower volatility, resulting in more stable commodity prices. In contrast, low liquidity markets have lower trading volumes, higher volatility, and commodity prices are more likely to experience significant fluctuations.
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EURUSD Long Term Predictions (4H Chart)Technical Analysis Summary
EURUSD
TREND ANALYSIS
We have 1 Uptrend in green color Internal Trend (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
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DeGRAM | EURUSD sideways moveEURUSD is at the resistance level, and price action is printing equal highs and lows, indicating a consolidation .
The market is coiling up before expansion.
We might see some bullish moves within the global bullish trend .
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EURUSD: Direction bias for the week!!! EU has just given us a sign of institutional backing on the bullish side, and that was the market structure shift (MSS) that happened on the daily TF last week.
We had a failure swing point to go lower below the previous low and that was the smart money trapping more sellers, they finally displaced above the short term high formed.
now we have a high probability bullish bias for the week.
Confluences:
📌. After the displacement above the short time high created on the daily TF last week, we have price left a fvg.
📌. IPDA, currently repricing to go higher for the week by trading from premium to discount P.D-Array matrix where they'll be looking to long on EU.
📌. Today is tuesday, and we're likely to create the low of the week today cause price has now traded into the discount of the previous bullish price swing on daily, and has also filled In the fvg In the discount.
📌. looking for the smart money to engineer liquidity below the previous day low today and see them buy into a premium PD-array as an expansion for the larger time frames.
📌. Targeting liquidity pools above the old high and equal highs above.
📌. we now have the buyside open float, which means the smart money has shifted their interest to be bullish.
Conclusion:
We have an order block as shown in the image, we're going to see smartmoney manipulate into that.
The bias for this week is bullish, looking for long opportunities is likely to be more probable than the shorts.
StefanFX.....
Buy Eurusd again😊Hi traders my previous analysis was buying eurusd and it's so near of TP but I will buy it again from fibonacci level 50% and 61% those two price levels 0.99880 and 1.00200 I'm glad that it keeps making higher high
Good luck all if you like my idea like it and comment your opinion 😊💪🏻
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.
Dear Traders,
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EURUSD Triangle & Fib Strategie Prediction #20220310In the foreign exchange market on March 9, the euro rose rapidly against the dollar during the day.
There are reports that the EU is considering issuing joint bonds to raise funds to strengthen the energy and defense sectors to support the economic impact of the Russian-Ukrainian conflict.
In addition, as the ECB decision meeting on Thursday will appear, the market is cautious about the meeting, but still have some monetary tightening expectations, so the euro is also getting a short-covering force to promote a small rebound.
The current 4-hour chart, the EURUSD exchange rate is far from the 20-day SMA above, a variety of technical indicators to overbought area divergence, showing that short covering transactions more positive, but the exchange rate was blocked overnight before the 1.11 mark, or must be cautious to put this round of rebound is only a technical correction, if the upper can not cross 1.11, be careful of the euro back to slip again.
EUR/USD SHORT BUY OPPOTUNITY NOW....
💹EUR/USD ⏬BUY @ 1.17188
✅TP-1# 1.17445
✅TP-2# 1.17849
⛔️SL 1.16780
N.B-If breakout 1.7500 resistance zone then market goes goes to TP-2 zone.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
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EURUSD IdeaThere are two scenarios for the movement of the EURUSD.
If closed in the 1H time frame below the price range of 1.1870 and 1.1867, it goes to have bearish and the price range is 1.1820 - 1.1810. (Yellow channel)
And if it fails to break the support of 1.1870, it will continue to a bullish trend in the new channel ( blue channel )