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Eurusdsignal

DeGRAM | EURUSD short opportunityEURUSD broke out of the ascending channel, which means the bullish trend is on hold. Usually the markets consolidate around significant levels, and we can see that currently the price is consolidating near the dynamic support following the 1.07500 level rejection. We anticipate a retest of the support because price is gravitating toward the 38.2% level that drawn on the daily timeframe. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
6
DeGRAM | EURUSD descending channelEURUSD is trading in the descending channel.  The market is in the consolidation zone, bears could not make a lower low, and then price pulled back to the resistance level. Price is decelerating at the resistance level, and it looks like it is going to bounce off. We expect further consolidation, meaning a price range between 1.07500 and 1.06500 . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
7
EurUsd in a very important pointI state this for quite some time: "The EurUsd trend, in the long term, is bearish, and considering fundamentals, will remain so for quite some time and the recent 4 months rise is in fact a correction to this multi-year bearish move". This will remain my idea as long as we are working with these fundamentals (and FED pausing at 5% or close to this figure doesn't mean a change) Technically speaking, last week we had a very strong reversal from above 1.1 and this could mark the end of this interim up trend. In the shorter term, the pair is trading now exactly in confluence support given by the rising trend line and the horizontal 1.07 support and a break down seems very close. In such an instance, 1.05 support is exposed. Anyway, even in a shorter term (1-2 weeks) EurUsd is very bearish as long as 1.09 remains the ceiling
Short
by Mihai_Iacob
11
EURUSD 2023 Know your year! Act early! Don't be surprised! 2 minutes to read and reveal the the matrix! 2 clear, important periods for EURUSD in the last close to 20 years of trading circled red on the chart. Period 1 - August 2020 - Feb 2022 "False break period" Initially, pandemic caused a rush of investment, landslide USD down as cash was poured into stocks, cryptocurrency, etc.. But peaking around December 2020, due to FED starting to rapidly increasing interest rates, causing cash to be very attractive compared to keeping it invested during all time highs, as well as making loans much more expensive, USD started to gain strength again, BIG TIME, most aggressive policy to increasing interest rates was implemented during the coming months. In the meanwhile, EUR delayed increasing interest until July 2022, which explains the huge amount of USD cash compared to EUR in the circled period and beyond, until bottoming at the bottom of the wedge around late 2022 when ECB started pumping interest. Period 2 - Jan 2023 - Today (Feb 2023) "Fresh yearly breakout period" With the ECB targeting higher interest to 3.0%, 3.25% and 2.50% which is a higher expectation from 2.50%, 2.75% and 2.00% just from December 2022, making EUR more attractive to keep cash and less scarce (more expensive to lone) - While the USD is pretty much maximized as to increasing interest / stimulating the economy as during 2020-2022 FED used pretty much the entire toolbox - Leaving 2023 as the year for EUR with the FED playing all the cards they had. The technical breakout we see up above the falling wedge resistance makes perfect sense with the fundamentals - Making EURUSD a long term strong buy position for the year. This is a must know chart to be confident while trading EURUSD . ----------------------------------------------------------------------------------------------------------------------- Always do your own research and practice caution while trading, especially leveraged products. I would really appreciate comments, questions or any interaction - Thank you! -----------------------------------------------------------------------------------------------------------------
Long
by Exactus
2
DeGRAM | EURUSD trend continuation opportunityEURUSD broke out of consolidation zone and reached a major resistance/psychological level at 1.1000. Price action is printing HHs and HLs, indicating a bullish trend . The daily timeframe suggests that the price could fall to the psychological level of 1.1000 and continue trending north. We anticipate a classic breakout pullback continuation trade opportunity. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
6
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. This time after the FOMC, the dollar became even more WEAK. Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now. Stay tuned for FED UPDATES and US DATA. - Definitely, according to the market structure, EURUSD can go down to the support level of 1.0763 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. - After that EURUSD can go UP until 1.1200 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