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Eurusdlongsetup

EURUSD BuyEUR/USD (Euro – U.S. Dollar) plummeted on Wednesday on strong safe-haven flows, sinking more than 1% towards its lowest level in 2023, with risk assets coming under intense downward pressure as the U.S. banking turmoil spread to Europe, worsening Credit Suisse’s already fragile position, and igniting a $60 billion rout in the entire space. For context, Credit Suisse’s shares cratered while its credit default swaps soared to distressed levels after the institution’s biggest backer (Saudi National Bank) said that it will absolutely not provide additional cash injections, raising the likelihood of a collapse. EURUSD after reaching the support area of ​​1.0520 late yesterday, the price is currently showing signs of reversing and increasing again. In the short term, it is possible that the pair will continue to go up to the 1.0650-1.0680 zone. Recommended buy to current price 1.0585, SL: 1.0540, TP: 1.0650
Long
by VTmarkets
1
EURUSD#EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly on the DOWN SIDE. The main reason for that is that the dollar started getting stronger because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. - Definitely, according to the market structure, EURUSD can go down to the support level of 1.0492 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. - After that, EURUSD can go up to 1.2000 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
by benny_marshall
EURUSD BuyEUR/USD is flat on the day so far and trading near 1.0742 and staying within a range of 1.0725 and 1.0742. Overnight, banking stocks surged back and bonds and interest rate futures despite the collapse of some US banks over the past few days. Instead, fears of contagion in the U.S. banking system have reduced and the US Dollar has found its footing again. Investors are treading cautiously ahead of next week´s Federal Open Market Committee meeting. The US Consumer Price Index (CPI) rose 0.4% last month after accelerating 0.5% in January. In the 12 months through February, the CPI increased by 6.0%, a slower pace than the 6.4% annualized gain in January, however, this was still above the Federal Reserve's 2% target, as such, the US Dollar found some demand on the data and printed the session high in the US but it has since turned lower while futures priced in a Fed rate cut by year's end. URUSD main trend is still bullish. Currently on the h1 chart the price is sideways in the 1.0690-1.0750 zone. With this pair, traders can wait to buy around the support zone of 1.0690, SL: 1.0660, TP: 1.0750
Long
by VTmarkets
1
Buy opportunity on EURUSD!Hello traders, Let's look at EURUSD and see the current price action on it. We have noticed that the pair has printed a double bottom with its neckline violated. I anticipate an upward momentum from the violated neckline. Let's keep in mind that CPI will cause a lot of volatility in the pair and we could expect a spike to the downside before heading up. My targets are 1.08022 and 1.10214 in the case of a bullish run. Please do support this idea with likes if you find it helpful. Trades smart today!
Long
by Forexintelligence_NA
EURUSD BUYHello guys it’s been a been a while, I’m currently back on dropping analysis, so we are looking on buying eurusd on 148 pips moves, though EURUSD is actually a long Buy moves of about 200 pips plus but we are looking to take profits on 148 pips. So let’s patiently wait for a proper confirmation and for price to tap into our buy zone then wait for candle stick patterns or candle stick rejection on that buy level before taking our buy entries. Please save EURUSD on your watchlist for you can get notify when trading confirmation takes place. Drop a Comment on what you think about this analysis.
Long
by GoCrazyfx0
EURUSD BuyIn a complete U-turn from its reaction to hawkish Powell testimony last week, markets today struggle to price one further 25bp hike from the Fed. This is a far cry from the +75-100bp of extra tightening seen last week. The re-pricing of the Fed is understandable as US authorities struggle to put a floor under the evolving banking crisis. Indeed, the KBW regional banking index is off another 10% today – not what authorities wanted to see after promising at the weekend to make all depositors whole and introducing new liquidity provisioning schemes. This dramatic re-pricing of the Fed cycle has outpaced anything seen amongst European monetary cycles and delivered a huge narrowing in two-year EUR:USD swap differentials. Normally rates at the short end of the curve are solid drivers of exchange rates (signifying the path of respective monetary policy) and the sharply narrower spread would be expected to drive EUR/USD a lot higher. EUR/USD has turned around from its 1.0525 lows seen last week, but what is stopping it from trading substantially through 1.08? We think a look at the key short-term drivers of EUR/USD provides the answers. EURUSD h1 price is in an uptrend. Early today it is possible that the pair will have a short correction and then continue to move up. Currently traders can wait to buy around 1.0690, SL: 1.0650, TP: 1.0750
Long
by VTmarkets
EURUSD BUY POSITIONWhat we see on EURUSD is quite clear and nice, price had strong impulse to up and CP back to different areas as you see on the chart determined perfectly. we waiting for the price to get more volume by liquidity we have on 2-3 areas we expect a small swp. then CHoCH after that we try to enter in demand areas, we are able to enter in different position by seeing any bms. Here we tried to explain you how it works mainly, you can get confirmational entry by yourself do not miss it out... REMEMBER WITH CONFIRMATIONAL ENTRY WE DONT JUMP IN TRADE INSTANTLY WE WAIT FOR CHOCH THEN WE SET OUR ORDER IN DEMAND #Educatioinal Finally set our 1:X order and go with Bullish trend ... ⚠️Take Max 1-2% of your capital on trade⚠️ Any question comment bellow @FxShzd GOOD-LUCK EVERYONE
Long
by FxShzd
EURUSD SellEUR/USD 1.0590 target in a 61.8% Fibonacci retracement for the day ahead. On the other hand, a continuation towards 1.0770s could just as easily play out. EUR/USD has opened with a large gap in the open and is trading around 1.0680 after closing on Friday at 1.0639 after a mixed Nonfarm Payrolls report triggered a sell-off in the US Dollar. However, as analysts at ANZ Bank said in a note before the open, ´´after so much anticipation it was ironic that it got lost in the noise, but non-farm payrolls rose 311k in February, indicating very strong momentum in jobs growth continues. EURUSD price is at the key resistance area of ​​1.0690. In the short term, it is possible that the pair will accumulate sideways in the 1.0650-1.0690 zone before having the next direction. Recommended short sell at current price 1.0690, SL: 1.0720, TP: 1.0660
Short
by VTmarkets
1
EURUSD SellThe U.S. dollar, as measured by the DXY index, pulled back modestly on Thursday but remained near three-month highs, in a session characterized by wild swings across asset classes and a sharp retreat in U.S. bond yields, ahead of the U.S. nonfarm payrolls report slated to be released Friday morning. The February employment survey is forecast to show a downshift in hiring, with analysts anticipating a gain of 205,000 jobs after January's stunning 517,000 surge. The strength of the report will be key in determining the trajectory of monetary policy, so traders should keep an eye on the economic calendar. EURUSD long term trend is still down. However, currently on the h1 chart, this currency pair is in a deep correction. Recommend to wait to sell when the price returns to 1.0630, SL: 1.0670, TP: 1.0530
Short
by VTmarkets
EURUSD BREAKING OUT !!!12 AM 1hr candle is red indicating the bullish set up out of the MZ. Price broke out MZ structure came back and retested now the BUY is engaged. Take the Buy to the target zones which are the extreme levels of the ADR. DXY is falling after Jerome's speech yesterday:) (That's his job to contain the GREENBACK! Typically over the last year when Jerome speaks the DXY cools down. This causes all US bases pairs to go up. Let's see how price follows the script today. #SniperGang
Long
by Master-Jedi-Trader
2
EURUSD: Trading like this today can be profitable Yesterday's trading saw all three take-profit points hit, and the current market is now at a crucial support level. After yesterday's sharp decline, the market needs some time to consolidate before resuming the game. For today's trading, we will first go long at the lower levels and then formulate a new strategy based on the situation after rebounding to the resistance level. I have marked the trading points on the chart, and I appreciate everyone's attention and support. Wish you a pleasant day!
Long
by triumphing
4
EURUSD: Trading like this today can be profitable Losers attribute their failures to bad luck and regret not trying harder; winners attribute their success to good luck but are aware of the price they paid. The people you associate with determine the course of your life. Being around diligent people keeps you from being lazy, positive people keep you from being down, being with wise people makes you outstanding, and being with accomplished people helps you reach the pinnacle. Learning skills and mastering professions take time, and it's fate that brings people together. Hello everyone, the EURUSD is currently showing a bearish trend on the 1-hour, 2-hour, and 3-hour charts. Therefore, today's trading will focus on short positions. We will wait for a test of support and observe its effectiveness. If the support holds, we will consider opening long positions. Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a comment, and I will help you develop the most reliable solution with a serious and responsible attitude to assist you in solving your problem. Wishing you a pleasant day!
Short
by triumphing
EURUSD market commentary on 7/3/2023EUR/USD has gathered bullish momentum and advanced toward 1.0700 in the second half of the day on Monday. In the absence of high-tier data releases, the positive shift witnessed in risk sentiment is weighing on the US Dollar and allowing the pair to climb higher. The EUR/USD pair is confined to a tight intraday range ahead of a directional catalyst. The pair is technically neutral, according to the daily chart, with a limited bullish potential. EUR/USD is meeting sellers around its 20 Simple Moving Average (SMA), which is losing its bearish strength but remains above the current level at around 1.0660. The 100 SMA, in the meantime, advances below the current level and nears 1.0515, the 50% Fibonacci retracement of the 2022 yearly slump. Finally, technical indicators have turned flat just below their midlines, reflecting the absence of directional strength. The 4-hour chart offers a similar technical picture. The pair is trading between a mildly bullish 20 SMA and a bearish 100 SMA, while the 200 SMA keeps heading south far above the current level. Meanwhile, the Momentum indicator turned marginally higher but is stuck around its 100 line, failing to provide directional clues. The Relative Strength Index (RSI) indicator seesaws around 55, but stands below its intraday high, reflecting limited buying interest. Bulls could have better chances if EUR/USD regains 1.0700, although a major resistance level is located at 1.0745, the 61.8% retracement of the aforementioned yearly decline. Support levels: 1.0610 1.0560 1.0515 Resistance levels: 1.0660 1.0700 1.0745
by DNAchampions