Eurusdswing
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.
EURUSD Swing Bullish Breakout!EUR-USD broke the key
Horizontal resistance level
Of 1.09147 and the breakout
Is confirmed even on the 2 H
Because the 2H candle closed
Above the level which
Is now a support, which
Combined with the
Long-term uptrend and
The bullish rebound from
The new support after the
Retest makes me bullish
And the next move is expected
To be in the upward direction
Towards the 1.10293 target
🧅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.
.
.
.
.
.
.
🧅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
www.dw.com
EURUSD Bear timeToday, i would like to share my analysis about EURUSD.
As we see the chart is still on Bearish Trend but it looks like making a bounce.
On 4 hour tf, i see there's an IMPULSIVE 5 WAVE, but we could see a price rising with volume going down.
This also supported by the divergence from MACD and Stochastic which makes me assume that it'll go down soon.
In a lower timeframe 1h, we could see a DOUBLE TOP there too.
So i would like to see a correction wave until "Blue Area" there.
Disclaimer ON
Wish Us Luck
EUR/USD Low Risk Setup Possibly!Here is a quick setup for you guys!
OANDA:EURUSD
Overall trend on larger timeframes is showing prices headed downwards so we applied our Fibonacci Retracement tool on the following levels, from the HIGH of Mar 26th @1.1805 to the LOW of March 31st @1.1704.
(If you didn't know Fibonacci Retracement tool is used to find and visualize better entry and exit points in a trending market wave.)
Here is my suggestion,
Low risk Scalp Setups with possibility of trades turning into longer term swing down.
Risk anywhere from 1-5% of your total capital by placing small SHORT orders on each of these below retracement levels:
23.6% = 1.1728 (SHORT) 0.10% Risk
38.2% = 1.1742 (SHORT) 0.15% Risk
50.0% = 1.1754 (SHORT) 0.20% Risk
61.8% = 1.1766 (The Ideal trade) (SHORT) 0.25% Risk
78.6% = 1.1783 (PERFECT Sniper entry) (SHORT) 0.30% RISK
Stop Loss: @1.1798 (1:5) Risk to Reward
Take Profit #1 @ 1.1705 (Close 75-90% of trade positions and allow the rest of the positions to run risk FREE.
Take Profit #2 @ 1.1690
Keep your TOTAL risk at a minimum of 1-5% per trade.
If these trades are triggered, I will be updating the analysis via comments so be on the look out. :)
If you like these quick informative post/tips please drop a LIKE & make sure to FOLLOW ME!!
EURUSD - SWING - 10. SEPT. 2020Welcome to our weekly trade setup ( EURUSD )!
-
1 HOUR
Strong price action and pressure.
4 HOUR
Overall very bullish market structure, price is pushing up.
DAILY
Overall good long entries following midterm trend and price action.
-
FOREX SWING
BUY EURUSD
ENTRY LEVEL @ 1.18710
SL @ 1.17930
TP @ 1.19850
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN