Eurusdtechnicalanalysis
EURUSD Analysis 10July2023although the HnS pattern is formed, the price is not necessarily bearish, if you look at the a-b-c-d-e pattern that occurs, this is a complex correction. it is likely that the correction has been completed and now the price is returning to the impulse. you can take the opportunity to go long when there is a correction.
EURUSD Long Term Trading IdeaHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD: The decline and impact of the USDThe EUR/USD pair experienced a rebound during the late American session on Thursday, but was unable to maintain stability above 1.0900. The upcoming June labor market data from the US has the potential to spark significant movement in the pair before the weekend.
The US Dollar gained strength against its competitors, causing the EUR/USD to drop below 1.0840 after positive data releases. The monthly ADP report revealed a noteworthy increase of 497,000 in private sector payrolls for June, while the ISM Services PMI improved from 50.3 to 53.9, indicating a surge in growth momentum within the service sector.
It is predicted that nonfarm payrolls in the US will rise by 225,000 in June, with the unemployment rate expected to slightly decrease from 3.7% to 3.6%.
EURUSD Seems Bearish (Sell)EURUSD could sell because the pair is trading under a strong trendline at 1.09097. In the quest to sell we are still Bullish as the pair trades up in a higher Timeframe 4HR and Daily. we keep our plan to buy from dip.
Bearish Target; 1.08607, 1.08442, 1.08046
Bullish Target; 1.08512, 1.08846
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EURUSD: holds lower ground near 1.0900?The EUR/USD bounced back above 1.0900 after weak US data was released during the American session. With US holidays on Monday, the market is expected to stay calm. However, the Greenback is losing its strength and upcoming employment data and the release of the FOMC minutes will be crucial in determining its direction.
On Monday, economic data revealed a downward revision in the Eurozone June Manufacturing PMI, with the headline figure dropping from the initial 43.6 to 43.4. The Service sector data will be published on Wednesday. Despite the weak numbers, the European Central Bank (ECB) plans to increase interest rates at the next meeting on July 22, as inflation remains high. Additionally, the likelihood of another hike in September is over 50%.
EURUSD short IdeaDear Traders, check the price action in 1 minute TF for bearish change in market structure. then mark your POI for entry for minimum sl. please don't jump in market blindly. protect your equity first. Comment down your views let's discuss.
If you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
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EURUSD: Unemployment data and impact!The EUR/USD lost points for the second consecutive day on Thursday, dropping below 1.0900 due to the stronger US dollar, which was driven by robust economic data. In the Eurozone, inflation data was mixed, showing a slowdown in Spain and a recovery in Germany, which was not surprising.
Thursday's data revealed a slight increase in Germany's inflation in June, with the annual rate rising from 6.1% to 6.4%. Analysts have pointed out that the increase is believed to be due to energy and transportation cost cuts, without which inflation would have decreased. Looking at the details, the slowdown in inflation still seems to persist. On Friday, Eurozone Consumer Price Index data will be released. European Central Bank officials have made it clear that interest rate hikes will occur in July, as inflation remains high.
EURUSDThis Is An Update On The EURUSD Setup I Shared With You Guys Yesterday, We Broke Structure to The Upside On The Dollar Index But That Isn't So Clear On The EURUSD And We Also Had SMT Divergence Inside The Fair Value Gap With EURUSD Taking The High Of The Fair Value Gap And The Dollar Index Failing To Take The Low Of It's Fair Value Gap, I'm Not 100% Convinced We May See Shorts Now But This Is Just My View Currently On The EURUSD And Price May Disregard It And Continue Higher.
EURUSD Long Term Trading IdeaHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
EURUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.