Got a Pullback prior to Rates & Now looking up 🏦0:0 Monthly candle pullback
2:40 Daily timeframe
3:46 4hr timeframe
4:07 Downside targets if a fakeout of trend occurs
4:37 First target Longs with Rates
6:54 1Hr timeframe
7:38 Bias heading into interest rates
Hello Traders welcome back to another Eurusd Video Analysis. Please leave some feedback if you enjoyed or not. Thanks for reading this far.
I had been anticipating a pullback on Eurusd prior to interest rates and this is exactly what we can see. We have pulled back perfectly to our Weekly Support Zone 1.1024 and price was supported during New york session. Consumer confidence during NY was better than expected and USD was favored until we tapped into our much feared weekly level. Uncertainty always says anything can happen & so we are going to stick with what works best for us. Scalping and tight risk management, allowing the long-term edge to realize itself through a series of good trades. Buy Stops and Sell stops have been working really quite well for me in the past months and so I continue explore those setups with lowered risk.
Eurusdoutlook
EURUSD | Trend forecastingIn last week's video, full explanations were given that the price will be revised
And I said to wait until the first FVG at least
But this week, I want to remind you that 50% of this FVG has been rejected and the candle has closed below that.
This means that it is likely that the EU will continue to move towards lower liquidity and we should expect a further correction to a lower FVG.
If you see signs of rising in this FVG, go LONG, but I think this will happen
Only, I "probably" that the price will reach lower liquidity
Eur Usd Scalp LongBullish Analysis for EUR/USD Scalp Long from 1.10042 - 1.09895 - 1.09778 (Bearish Correction)
Introduction:
Within the context of a bearish trend in the EUR/USD currency pair, a short-term bullish correction seems to be developing. This analysis focuses on the potential for a scalp long trade within the specified price range of 1.10042 to 1.09778, taking advantage of the expected temporary upside movement.
Bearish Trend in Place:
The EUR/USD pair has been in a sustained bearish trend, with a series of lower highs and lower lows on the price chart. It is essential to acknowledge this overall trend and understand that the scalp long trade being considered is a short-term counter-trend move, not a full-fledged trend reversal.
Corrective Price Action:
During a downtrend, it is common to witness short-term corrective price movements that run counter to the main trend. The price range from 1.10042 to 1.09778 appears to be one such area where buyers have stepped in to create a temporary correction, potentially retracing part of the recent bearish move.
Overextended Market Conditions:
The bearish trend may have led to oversold market conditions on various oscillators and short-term indicators. This oversold state indicates that the selling pressure might have exhausted itself for the time being, making room for a short-term bounce to the upside.
Risk-Reward Opportunity:
Given the potential for a short-lived bullish correction, a scalp long trade from the specified price range offers an attractive risk-reward opportunity. Traders can target a relatively modest profit within the correction, while keeping stop-loss levels tight to protect against a potential resumption of the primary bearish trend.
Conclusion:
Considering the prevailing bearish trend in EUR/USD, the potential for a short-term bullish correction from 1.10042 to 1.09778 is worth exploring for a scalp long trade. However, it is crucial to approach this trade with caution and strict risk management, as the primary trend remains bearish. Scalp trades can be highly sensitive to market fluctuations, and traders should be prepared to act swiftly to secure profits or limit losses. Always monitor the price action closely and be prepared to exit the trade if the underlying bearish trend reasserts itself.
EURUSD: German Flash Services PMIThe EUR/USD has moved higher above the 1.1100 level after bouncing back from its lowest point in a week. However, it remains uncertain around 1.1130 during early Monday morning in Europe. The lack of clear direction is evident as the Euro pair defends yesterday's rebound from a horizontal support zone that has been in place for three months, currently ranging from 1.1100 to 1.1090.
This corrective pullback reflects the market's anticipation of today's preliminary readings of the US and Eurozone PMIs for July. Additionally, there is a sense of caution ahead of the European Central Bank (ECB) and Federal Reserve (Fed) monetary policy decisions.
New Week and can bears maintain? 🎑EurusdHi Welcome back traders
0:0 Alot of Fundamental news this week
1:01 Weekly Timeframe and Interest rates idea
4:09 Daily timeframe
7:17 Sells from 1.12318 Daily resistance zone last week
7:37 4hr Timeframe
The previous weekly candle closed bearish with a larger top wick. The bottom wick printed only 15 pips and this may cause a concern for exhaustion. I'm anticipating a further pullback on eurusd as we head into interest rates for the dollar on wednesday. We technically still have bullish momentum and market strucutre on higher timeframes for Eurusd. I'm expecting Interest rates to be a catalyst for.. Eurusd upside momentum. In the meantime price may consolidate/range and even pullback a bit closer to our 1.1056 Daily Support zone.
EURUSD Analysis 23July2023analysis a few days ago has reached the target. if you see a dominating bearish candle, chances are that next week the bearish trend will continue. there is an area that attracts attention, where the SR Flip intersects with the SnD area and also the 0.382 fibo note, chances are the price will fall in that direction.
Using Rationale to Ride news Volatility 🎢 +.5% 3rd Week JulyHello Traders!
0:0 Introduction/Weekly Fav Prices
1:25 Daily TF breakdown
5:24 1Hr Chart Fundamental news combined with Technicals
13:25 Quick 4hr TF details
14:00 Continued 1Hr Chart
18:25 trade 1 short
19:35 trade 2 short with unemployment news
Welcome back to another video analysis. In this analysis, I detail how we could've used rationale to decipher the markets next moves and be a few steps ahead. Using rationale to breakdown the numbers of fundamental news releases and combining this with our favorite prices/key levels on the chart, we were able to create a great RR trade on Thursday. We could have jumped on the train sooner and there is always something to learn in the markets.
Hope you enjoyed! Please leave a rocket or a comment if you liked this video analysis. See you in the next video!
EUR/USD Analysis for the week of July 21stIn this video I go over some EUR/USD trades that I took (Losses and Wins) and how I'm looking at the market moving forward.
The EUR/USD from a daily perspective looks unclear on what it's attempting in terms of price action however, the best course of action for me is to stay flat and capitalize on the next strong trading opportunity.
Review of Eurusd's Price Behavior, Fav Prices, & Looking ForwardIn this Multi-Timeframe Analysis Video ⬇️
0:0 Monthly timeframe
1:08 Weekly timeframe
2:15 Daily timeframe
4:25 Bias for next trading day
4:46 4hr timeframe
7:08 1Hr timeframe
I go through multiple timeframes breaking down what's occurred on EurUsd over the past day and what I'm looking for moving forward to unemployment claims tomorrow and ultimately Interest rates next week. I'm suspecting that we may continue to pullback bearish in favor of the USD or at best range on Eurusd as 4hr bear market structure is develpoing and the daily candle just closed below the previous 3 Daily lows.
I am enjoying these videos and thus far it is being well received by the community.
EURUSD: The EUR/USD pair is showing signs of improvement in the Asian session on Thursday, bouncing back from its recent decline to a multi-day low of 1.1175. Currently, spot prices are trading around 1.1225, representing a 0.20% increase for the day. However, they are still significantly below the peak reached on Tuesday, which was the highest level since February 2022.
Support levels: 1.1175 1.1140 1.1090
Resistance levels: 1.1250 1.1295 1.1230
EurUsd -> Riding The Obvious WavesHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of EurUsd 💪
With EurUsd retesting previous monthly structure and the 0.618 fibonacci retracement level I do expect a short term bearish rejection on EurUsd and then simply more bullish movement.
Weekly market structure is quite clear with EurUsd still trading in an obvious rising channel and now retesting the upper resistance trendline so also from a weekly perspective a move lower is quite expected.
However I am still waiting for EurUsd to shift back to a daily bearish market because at the moment everything still looks very bullish and if this shift happens then I also do expect a move lower on the daily timeframe.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
EURUSD The expected general trend for today: bearish
EURUSD
stabilizing prices above 1.1232 will support raising to touch 1.1305and 1.1362 and 1.1438
if the price stable under 1.1232 then the movement will be between 1.1145 and 1.1087
support line : 1.1144 , 1.1087 , 1.1019
resistance line : 1.1305 , 1.1362, 1.1483
The expected general trend for today: bearish
timeframe: 4H
EURUSD: Downtrend in an uptrend!The EUR/USD pair traded calmly within a range of 50 pips on Monday, maintaining its upward momentum. After meeting buyers around 1.1200 early in the week, EUR/USD fluctuated around the 1.1240 level as the US session ended.
The optimistic sentiment was partially overshadowed by warm data from China, as Q2 GDP missed expectations by printing at 6.3% YoY. Despite scarce macroeconomic calendar for the rest of the day, the US dollar remained weak, especially during the US trading hours.
Support levels: 1.1180 1.1150 1.1110
Resistance levels: 1.1250 1.1295 1.1230
EU | 17-21 julBut this week...
Be sure to see last week's analysis where we predicted the rise
I said that if it goes down for a day or two, don't be afraid
Because it is a modification to climb further
But we didn't have a correction and it moved straight up, and ppi and cpi helped it climb more
And you can see the analysis of this week in the video that the expectation of correction for the beginning of the week is very high
EURUSD - Long from discount zone ✅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 long from discount zone. My point of interest is if price makes a retracement to fill the imbalance lower and to reject from bullish order block + institutional big figure 1.10000
Fundamental analysis: Upcoming week on Tuesday will be released monthly Retail Sales, which is forecasted to increase, if the result will be positive, we could see the retracement.
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