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Eurusdpriceaction

EURUSD set for a drop!Currency Pair : EURUSD Possible direction : Bearish Technical Analysis : Price has just grabbed liquidity again on the 4h and started to drop after few days of consolidation. Weekly and monthly price is overextended to the upside may come down for a pullback. as the price still did not test the daily 20EMA, highly likely price will continue to drop as there is an imbalance toward the downside to daily support zone Possible trade recommendation : Bearish as per chart sketch Fundamental : Multiple high impact may put pressure on EUR Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
EURUSD POTENTIAL SHORT FORMATION IN PROGRESSWe have been looking at this pair since the end of Feb. We have been waiting for the price to form a strong bullish pullback. This is opposite to the overall bigger time frame trend, which remains largely bearish. How the price is currently setup has given us the potential to trade in the direction of the bigger time frame bearish trend which will give us a good risk reward trading opportunity. We have listed two reasons for the potential end of the bullish bull back below: 1: Trendline breakout 2: Rising wedge breakout. We are still waiting for two more reasons below to form before we can start looking for entries. These reasons have been listed below: 1:Break out of the key level which signals a change from bullish to bearish market structure. 2: Retest of key level.
Short
by NDOBObanks
EURUSD: Europe is in a great stress!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ Europe is currently experiencing its largest energy crisis in recent history, with the duration of the crisis remaining uncertain. The situation is expected to be challenging for Europe for a minimum of two to four years, unless there is a significant alteration in the circumstances leading to the crisis. The primary cause of the crisis is Russia's war against Ukraine, which is impacting the European economy in various ways, including increased prices for energy and food, as well as geopolitical instability. This instability could result in third-party efforts to alter EU borders. Note: Note: Full TP, SL for winning the market and safe trading!
Short
by Sphyn-Trader
1
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #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 1.0619 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 - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here I still looking for shorts position and expect price to continue the retracement to fulfill that huge imbalance and then to reject from bearish order block where I will look for a confirmation on lower timeframe. Fundamental analysis: On Wednesday 22nd of March we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. The raise of interest rate means strength of currency this could support our bearish price action. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
EURUSD BUYHello Traders, trust you are having a wonderful Weekend, so this coming Week we would focus More on EURUSD on A buy moves for about 113 pips, Eurusd Would been expected to sell massive soon so let’s keep our eyes on this 113 pips buys at the moment so Currently price left our 1hr Support Zone we are expecting price to go back to our 1hr Resistance zone which would be tested for the third time now which is our Tp zone if after our Tp hit price area on Resistance zone and fail to break then I would drop the Sell Signals. So let’s wait patiently for price to tap in on our buy zone, as you can see on my Trend line if you noticed you would see price creating highs And lows which is also a good sign so let’s wait for the next lows to be tested so we can buy.
Long
by GoCrazyfx0
EURUSD BUYHello Traders, trust you are having a wonderful Weekend, so this coming Week we would focus More on EURUSD on A buy moves for about 113 pips, Eurusd Would been expected to sell massive soon so let’s keep our eyes on this 113 pips buys at the moment so Currently price left our 1hr Support Zone we are expecting price to go back to our 1hr Resistance zone which would be tested for the third time now which is our Tp zone if after our Tp hit price area on Resistance zone and fail to break then I would drop the Sell Signals. So let’s wait patiently for price to tap in on our buy zone, as you can see on my Trend line if you noticed you would see price creating highs And lows which is also a good sign so let’s wait for the next lows to be tested so we can buy. So tell me what you think about EURUSD drop your comments thanks
Long
by GoCrazyfx0
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: Hit first tp level, consider buying again on retracement Hello everyone, on March 2nd, when EURUSD was around 1.058, I provided a long strategy and a take-profit level. The first take-profit level has been reached now, and partial profits can be taken here, while the rest can be left to wait for the second take-profit level. Alternatively, all profits can be taken and wait for a retracement near the support level around 1.062 to go long again, with a target around 1.068. Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a message in the comment section, and I will help you develop the most reliable solution with a serious and responsible attitude. I wish you a pleasant day!
by triumphing
4
Looking for short continuation EURUSD – the week of 27 Feb The USDX (USD index) has been bullish recently and ended last week with a massive bullish candle. As a result, EURUSD has been declining and I cannot see any reason why this should change next week. Price is currently within an intermediate S/R zone and a pullback is likely. The deeper pullback we get, the better it will be. That would be great because that will provide a good price to take a short and a smaller stop. My recommendation would be to switch to a lower time frame such as H4 or H1 and look for signals that the downtrend is resuming. Targets can be located at next support areas near 1.040 and then the parity level of 1.000. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and share your thoughts!!
Short
by Trading_Vista
4
I will notify you of the EURUSD entry opportunity Regarding the euro, the inflation outlook in the Eurozone is uncertain, and the European Central Bank (ECB) is not expected to shift its tightening policy quickly. On Tuesday (February 28th), the French CPI annual rate was recorded at 6.2%, higher than the expected 6.1% and the previous value of 6.0%; this indicates that there is a risk of a rebound in Eurozone inflation. On the US dollar side, since early February, a series of economic data in the United States have been stronger than expected, and market expectations for US inflation have rebounded. Expectations of a rate hike by the Federal Reserve (Fed) continue to rise, and the currency market has sharply raised the pricing of the peak of Fed interest rates. If the upcoming economic data continues to exceed expectations, there is still a possibility of further strength in the US dollar in the short term. The Eurozone CPI for February, which will be announced on Thursday (March 2nd), and the US ISM Services PMI for February, which will be announced on Friday (March 3rd), are worth paying attention to. If US data continues to perform strongly, it will put pressure on the upside of EURUSD. Looking at the EURUSD 4-hour chart, after a short-term rise, it is once again under pressure to fall back. The upward momentum is obviously insufficient, and there is a demand for a pullback. I personally expect the market to confirm a wave of support before ushering in a new round of upward movement, which will also be our entry opportunity. My suggestion is to wait for the market to adjust to the range of 1.05400-1.05500 to initiate a long position layout. This is a key support level in the oscillation range and also a relatively good buying point. If you have large funds, you can enter in advance. Friends with small funds need to be patient and wait for the buying point to appear. The first profit-taking position above is 1.07200, and the second is 1.08000. I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update some daily operational layouts. Thank you for your attention and likes. Friends with questions can leave a message to me in a timely manner, and I will give the most prudent advice to help you.
Long
by FlashTrades_
1
EURUSD SHORT TERM INTRADAY IDEAIntraday Analysis - EURUSD - ( 2nd MAR 2023 ) Similar to GOLD , will be looking for shorts on EURUSD. Overall bias stays as bearish. However we have EUR CPI during London session later. If cpi comes out as per forecasted , or higher than forecasted, EURUSD will have a short lived rally to greater sell side liquidity zones as marked in the charts. However do note that the move may be short lived and could possibly be corrected the next day or the following week. Why high CPI means EUR rally ? Understand that CPI is a strong indicator of inflation. With high inflation , higher interest rates have to be implemented to combat inflation which will cause the strength of EUR to increase. It is possible to take advantage of CPI data buys or shorts but risk lesser HRHR BUYS AT 1.06850 MRMR BUYS AT 1.07300 HRHR SELLS AT 1.07900 MRMR SELLS AT 1.06800 SAFEST SELLS AT 1.05800 NOT ADVISIBLE TO TRADE NEWS FOR ROOKIE TRADERS
by CJ_GOLDPIPS
1
EURUSD possible sell zone!!Currency Pair : EURUSD Possible direction : Bearish Technical Analysis : Price has broken out of daily support and showing strong bearing momentum on daily and 4h. Current session candle has a very weaker response from the buyers, and as the price heading to monthly support, there is a selling opportunity on the test of the previous support turn resistance after a strong rejection. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
1