EurUsd could drop to 0.95 againTwo days ago I said that the 0.97 zone is offering support for EurUsd and a reversal could follow from this zone.
Although initially, bulls took control and the pair rose towards 0.98, this rise was very short-lived and EurUsd dropped like a stone back to the 0.97 zone.
This for me is a clear indication that bears are not done yet and a new wave of selling is most probable.
Technically, we are in support now and a break here would expose 0.95.
Only a daily close above 0.98 would negate this bearish scenario.
Eurusdsignal
DeGRAM | EURUSD trend continuation opportunityEURUSD is trading in the descending channel on the 4H timeframe .
The market is moving down, which means we are looking for bearish trend continuation trades.
Currently, the market broke and closed below the support, which became a resistance.
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EurUsd- New leg of correction could start soonAfter reaching parity last week, EurUsd started to fall again and at the time of writing is trading at 0.9744.
However, the fall looks corrective in nature and is drawing a falling wedge on our hourly chart.
0.97 zone is support now and a new leg up (correction to the overall long-term trend) can follow.
My strategy is to buy dips around this support with negation under 0.96 and a soft target around parity.
EUR/USD Create Elliott Wave Pattern.So, Short Buy Long Sell
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
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EURUSD - Sell off started ✅Hello traders!
⁉️This is my analysis on US500 .
As we can see here price rejected from resistance + institutional big figure 1.00000 and started bearish price action. I will look for a short position as I expect price to continue the sell-off.
Also, pay attention upcoming week on news event about PPI, CPI , FOMC Meeting on USD. It could bring a lot of manipulations.
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EURUSD Forecast – $0.96716 First Obstacle for SellersPrevious EURUSD forecast mentioned the price could reach $0.99134 and the price succeeded in the first two days.
With closing below support level and on Thursday testing $0,99134 as a resistance level it was a confirmation the price will move down.
The price is falling down and the next support is at $0.96716 where we have a demand zone where the sellers will get out.
The bounce from $0.96716 is likely to reach $0.97000 and then $0.98000 which are smaller resistance levels.
DeGRAM | EURUSD trend continuation trade opportunityEURUSD is trading in the descending channel on the 4H timeframe .
In previous posts, we defined a range zone as either resistance or support, and price fell from it.
Currently, the market broke and closed below the support, which became a resistance.
We expect trend continuation trade opportunity.
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EUR/USD Create Elliott Wave Pattern.So Short Sell Now
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
EurUsd- Will it regain parity?As I said yesterday, after the strong reversal from the 0.95 low, EurUsd looks ready for a deeper correction of the 3k pips downtrend.
Yesterday the price held above important horizontal support and now is facing the falling trend line from mid-August.
A break above this trend line followed by EurUsd back above parity would put bulls in a very favorable position and give scope to a rise to the very important 1.0350-1.04 resistance
I'm bullish Eur as long as 0.98 is intact
DeGRAM | EURUSD bears are still in control ?EURUSD is trading in the descending channel on the 4H timeframe .
In the previous posts, we've described a range zone as resistance or support.
Currently, the market has bounced off the range zone, and it probably will test the support zone.
We expect bearish moves.
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DeGRAM | EURUSD at psychological levelEURUSD is trading in the descending channel.
The market is heading to a confluence zone and psychological number 1.000 flat.
If the resistance level rejects the price, then we can look for selling opportunities.
We expect bearish moves if price makes a false break.
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EurUsd- Do we have a bottom?Last week, EurUsd dropped and made a low just above 0.95. After this drop, the pair reversed and has risen back above 0.99 support.
At this moment a bottom can be in place and EurUsd can rise back above parity.
Dips around 0.9850-0.99 should be bought and the target can be 1.03 old support, now resistance
⭕️SELL EURUSD at the best price and place🔥🔥🔰You can see the analysis of the EUR to US dollar pairs in the 15-minute time frame (EURUSD_ 15min)🧐💣
💥Due to the presence of the price in the SUPPLY zone, if the price can break the uptrend line🖤 downwards and stabilize❗ below it, then it can experience a fall to the DEMAND zone🔻🔻
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
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______📈TRADER STREET📉______
DeGRAM | EURUSD reached the resistance EURUSD pulled back to resistance.
Price action is testing a range zone that usually acts as resistance or support.
We expect bearish moves if price makes a false break.
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EURUSD: Gains should be limited!EURUSD
Intraday - We look to Sell at 0.9894 (stop at 0.9960)
The primary trend remains bearish. We are assessed to be in a corrective mode higher. Bespoke resistance is located at 0.9900. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 0.9726 and 0.9650
Resistance: 0.9900 / 1.0200 / 1.0300
Support: 0.9720 / 0.9600 / 0.9500
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DeGRAM | EURUSD at major resistanceEURUSD pulled back to resistance by creating an AB=CD pattern.
Price action is testing the resistance.
The market formed a false break (long tailed candles) at the resistance level , and it might give us a bearish opportunity.
We expect bearish moves if price makes a false break.
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EURUSD SHORT
Fundamentally;
There has been a lot of economic news lately that affected the euro currency pretty bad, the euro has fallen below a value of 1$ since 2002, and the fear of losing Russian oil on a global market that the Ukrainian war may cause has pushed oil prices higher and as we all know Europe is far more dependent on Russian oil and natural gas so now we have more demand less supply high inflation lower GDP which is bad for the economy, Europe is facing a market recession soon, Russia has been cutting back natural gas supplies to EU union lately which led gas prices to go higher and the energy prices have driven Europe inflation to a record of 8.9% making everything from groceries to utility bills more expensive and let’s not forget the US Feds raising the interest rates more than the ECB which means higher interest returns that’s attracting investor money from euro into dollars
Technically;
the monthly trend is completely bearish, the price got rejected from a strong s/r zone expecting a pullback and a bearish continuation.
the weekly price broke the previous swing and now it's retracing it
on the daily price is making a bearish structure with high momentum candlesticks indicating high liquidity in the market
on the 4h, I am looking for a price to break below the new structure with heavy bearish candles and below the ema's after that imma look for my entry on the 1h
EURUSD - Short from resistance ✅Hello traders!
⁉️This is my analysis on EURUSD .
Here I expect to continue the retracement and a rejection from resistance zone + institutional big figure 0.99000 + OTE FIBO (0.705). This move could be supported by the positive results on USD.
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