EURUSDThis situation has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️️
Eurusdshort
EURUSD H1: Bearish outlook seen, further downside below 1.07080On the H1 time frame, prices are showing bearish order flow and facing bearish pressure from the resistance zone at 1.07080, in line with the 61.8% Fibonacci retracement where we could see a further downside before prices reach the support zone at 1.06200. Stochastic is approaching the resistance at 94.84 as well and a pullback to the resistance area at 1.07080 could present an opportunity to play the drop.
EURUSD open SHORT Observation: Possible return long on higher TF for liquidity
Overall trend: Bearish on D1 & W1
Confirmation: 2 BOS on 15, gap for price to retrace to from Fridays long move, 3/4 H4 candles not making highs
Entry: after 2nd 15m BOS
Stop: above previous highs
Concerns: GU drop causing EU rise
A great RR probabilities on EURUSD price may go to the sell zone as i mentioned and reverses to the first target then we wait for the confirmation then to the next target ..... what will happen there that the price must sweep liquidity before continuing on its direction so there is a great rr on this pair for upcoming week we might see the price ranging so yeah
set your mind
analyze the chart
manage risk
excute ....
EURUSD 4hr Pre-Market AnalysisEURUSD is currently in a minor downtrend after breaking the support of the ascending channel on the daily timeframe. However, the price has not shown strong bearish momentum, indicating that there may not be significant selling pressure.
I anticipate that the price will continue to drop this week as the TVC:DXY DXY (US Dollar Index) rallies up, as EURUSD and DXY are inversely correlated. It's important to note that market conditions can change quickly, and this projection may be invalidated if more buyers take control of EURUSD.
What are your thoughts on this? Feel free to like and comment below.
🧅EURUSD 2023 forecastFor 2023 as a whole, inflation was forecast to be 5.6% within the eurozone and 6.3% across the entire EU.
Inflation peaked last October at 10.6% in the eurozone but has been falling since, reaching 8.5% in January.
The EU believes that falling gas prices, partly as the EU secures alternative sources of supply and compensates for the halt of Russian imports, explain this
but it warns that pressures on the prices of other goods is less likely to decrease.
"The decline was driven mainly by falling energy inflation, while core inflation has not yet peaked," the Commission said.
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
source:
www.plan.be
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EURUSD IdeaEURUSD EURO vs US DOLLAR
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
EURUSDThis pair has formed an ascending channel with a 3 touches which means its a valid channel
so now we're waiting for a candle to close below the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
Follow me for updates and more trades
Please don't forget to give us your thoughts in the comment
Good luck
EURUSD M30: Bullish outlook seen, further upside above 1.0710On the M30 time frame, prices are approaching the resistance zone at 1.07100 which coincides with the graphical resistance area. A break above this zone could provide the bullish acceleration to the resistance zone at 1.0770, which is in line with the graphical resistance. Prices are holding above the 20 MA as well supporting the bullish bias.
EURUSD UPDATE H&SHi all
EURUSD has been trending sharply for four months, from 0.953 to 1.103, so I'm still looking for a 50% retracement.
After a strong 5 day bearish trend, I see a head and shoulders pattern in the 1 hour chart. So, as long as the eurusd does not pass and close above the head, I believe it will remain in a bearish trend.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all. cheers
EURUSD - Daily Trade Idea - 13-Feb-23EURUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.