Above 1.0945 comes 1.1000FX:EURUSD adds to the ongoing optimism and reaches a new three-month peak around 1.0940 at the beginning of the week.
The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. Once cleared, spot could challenge the psychological threshold of 1.1000.
So far, while above the significant 200-day SMA, today at 1.0805, the pair’s outlook should remain constructive.
Eurusdlong
Bullish trend in EURUSD is confirmedAs in the daily chart of EURUSD, the market structure shift has happened so the trend is bullish. As the DXY getting weaker EURUSD can go higher
The nearest target for bullish move is 1.095 which is a tiny daily FVG.
Then weekly FVG at 1.105
Of course we may see some retracement down at the beginning of the week.
EURUSD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I wait price to make a retracement to fill that huge imbalance lower and then to reject from bullish order block + institutional big figure 1.07000.
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📊 EUR/USD Analysis 🌍💱📊 EUR/USD Analysis 🌍💱
External Liquidity Excluded 🚫💧:
By eliminating external liquidity factors, a clearer perspective emerges on the EUR/USD pair, allowing for a more precise analysis.
Smart Money Concept 🧠💸:
The Smart Money concept indicates a bullish inclination, with strategic moves by major players aligning with the current upward trend in EUR/USD.
Target: External High Structure 🎯📈:
The focus turns to the targeted external high structure, signaling a potential bullish momentum. Traders should keep a keen eye on this level, as it may act as a significant support-turned-resistance zone.
Key Factors Influencing Bullish Outlook 📈🔍:
Fundamental Analysis 📊🌐: Positive economic indicators and favorable geopolitical factors contribute to the bullish sentiment. Stay updated on relevant news and economic releases.
Technical Analysis 📈📊: Chart patterns and key technical indicators likely support the prevailing uptrend. Utilize technical tools for precise entry and exit points.
Market Sentiment 📰🤔: A positive overall sentiment among market participants reinforces the Smart Money concept, affirming the bullish outlook.
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Effective risk management, including the use of stop-loss orders and proper position sizing, is essential to mitigate potential losses and capitalize on the bullish trend.
Conclusion 📈📊:
In conclusion, the EUR/USD analysis, excluding external liquidity, suggests a bullish trajectory. The Smart Money concept and the targeted external high structure provide valuable insights for traders. Stay vigilant, manage risks, and adapt your strategy to market developments for successful trading. 🚀💹
The surpass of 1.0900 should expose 1.0945FX:EURUSD adds to Thursday’s small gains and flirts with the key 1.0880 region at the end of the week.
The continuation of the upward bias could challenge the immediate up-barrier at 1.0900 ahead of the weekly high of 1.0945 (August 30). Once the latter is cleared, spot could challenge the psychological threshold of 1.1000.
So far, while above the significant 200-day SMA, today at 1.0804, the pair’s outlook should remain constructive.
EURUSD fails with positive consolidationHello everyone, The EUR/USD pair was unable to hold above the support floor that it tried to form above the 1.0860 level, trading negatively and heading towards an expected visit to the 1.0801 areas, so the bearish bias is likely for today, with the need to monitor the price when it reaches the aforementioned level, as breaking it represents the key to returning to the path. The main bearish trend and achieving an additional decline, with its next target reaching 1.0742.
On the other hand, it should be noted that breaching 1.0860 will stop the negative scenario and push the price to conduct a new upward correction targeting the 1.0907 areas in the near term.
Pivot Price: 1.0860
Resistance prices: 1.0907 & 1.0949 & 1.0988
Support prices: 1.0801 & 1.0742 & 1.0697
The general trend expected for today is bearish
EURUSD (Next Movmint)The euro/dollar pair ended yesterday's trading below the 1.0860 level after the positive attempts it witnessed in the past sessions, so that the downward trend remains expected in the immediate term, which targets testing the 1.0801level as a main next stop.
The Stochastic indicator provides negative signals that support the chances of resuming the expected downward trend, keeping in mind that breaching 1.0860 will push the price to conduct an additional upward correction, with its next target reaching the 1.0907areas.
Pivot Price: 1.0860
Resistance prices: 1.0907 & 1.0949 & 1.0988
Support prices: 1.0801 & 1.0742 & 1.0697
The general trend expected for today: bearish
@EURUSD ForecastEUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
Further gains retarget 1.0945FX:EURUSD trades without clear direction in the mid-1.0800s following the previous daily decline on Thursday.
The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. Once cleared, spot could challenge the psychological threshold of 1.1000.
So far, while above the significant 200-day SMA, today at 1.0803, the pair’s outlook should remain constructive.
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.
EUR/USD Bullish Breakout StrategyThis EUR/USD trading plan is based on a bullish breakout strategy, with execution hinging on a daily candle close above the key 1.1000 level. The close above this threshold will act as a confirmation of the bullish sentiment, suggesting strength in the upward trend. Following this signal, the strategy involves setting a buy limit order at 1.092, anticipating a minor retracement that provides a favorable entry point while maintaining the integrity of the bullish outlook.
The selection of 1.092 for the entry takes into account the typical ebb and flow post-breakout, allowing traders to capitalize on a pullback for better positioning. The first profit target (TP1) is set at 1.1200, a level with historical significance that may present a reasonable hurdle for the price. The second profit target (TP2) at 1.1500 is more aspirational, aligning with a major resistance area on the broader timeframes, thus offering a compelling reward should the bullish trend continue.
A stop loss at 1.0650 is strategically placed below recent lows to mitigate potential losses, providing a sound risk management structure. This SL placement ensures the trade can withstand some volatility without being prematurely stopped out.
The strategy is underpinned by current fundamental factors such as interest rate paths and inflation differentials between the Eurozone and the U.S., which are critical drivers for the currency pair. Moreover, the trade setup is adaptable, with a readiness to respond to new economic releases and shifts in market sentiment.
EURUSD: The US inflation report stirred optimism about balanced Tuesday's dovish US inflation report increased confidence that the Federal Reserve can effectively manage consumer prices without harming the economy. This so-called "Goldilocks" scenario is neither too hot nor too cold and is considered beneficial for both stocks and bonds.
The asset class posted strong gains in November after continued uncertainty, fueled by expectations that the Fed was unlikely to raise rates further, leading to market volatility. School from early 2022.
Inflation statistics released on Tuesday confirmed this view. For the first time in more than a year, consumer prices remained steady month-on-month in October, a softer result than analysts expected. At the same time, there is little evidence that tighter monetary policy is causing significant harm to the economy, supporting the view that prices can continue to cool without hindering growth.
Eric Kuby, Chief Investment Officer at North Star Investment Management Corp, commented on the market reaction to these developments. "The broader market has been challenged with this consensus negative view on both recession and inflation," Mr. Kuby said. "The reality is telling a different story. This is a Goldilocks moment for the entire market. ”
The data prompted strong gains in stocks and bonds. The S&P 500 rose 1.9% on the day, its biggest single-day gain since late April. The index is up 9% from its October low. The benchmark 10-year Treasury yield, which is inversely correlated with bond prices, fell to its lowest level since late September, more than 50 basis points below the 16-year high it hit last month.
In response to the inflation report, federal funds futures traders said Tuesday that the Fed would avoid further rate hikes and expect to cut rates by about 100 basis points in 2024, up from a 75 basis point cut expected before the report. I expected it.
EURUSD → Next on the upside comes 1.0945FX:EURUSD surrenders part of the recent advance to three-month highs just below 1.0900 the figure on Wednesday.
The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. Once cleared, spot could challenge the psychological threshold of 1.1000.
So far, while above the significant 200-day SMA, the pair’s outlook should remain constructive.
EURUSD I It will correct downward Welcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
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EURUSD (Confirms Breakout)Hello everyone, The EUR/USD pair ended yesterday's trading above the 1.0860 level, confirming the continuation of the dominance of the bullish corrective trend and heading towards the next positive target that reaches 1.0907 , supported by the 50 moving average that carries the price from below.
Therefore, we are awaiting further expected rise during the upcoming sessions, keeping in mind that breaking 1.0860 will stop the positive scenario and put pressure on the price to decline to test the 1.0801level initially.
Pivot Price: 1.0860
Resistance prices: 1.0907 & 1.0949 & 1.0988
Support prices: 1.0801 & 1.0742 & 1.0697
The general trend expected for today: bullish