Eurusdtechnicalanalysis
EURUSD: Nice entry point!Policy rates are unlikely to have peaked at 3.00%
Largade & Co's decision to not take any immediate steps to address the current financial conditions is viewed positively. The rates and FX markets indicate a conditional path where policy rates are probable to remain below 3.00%. As a result, the EURO is expected to perform well against other currencies and may experience a significant rise due to the FED's pause.
EURUSD: Correction of the uptrend!US Dollar's position as the primary global reserve currency is being challenged
Over the past two decades, the proportion of the US Dollar in the global market has declined from 71 percent to 59 percent. There is a possibility that this share may decrease even further in the future. This situation adversely affects the United States since currency usage in global trade is a zero-sum game. Whenever a Yuan, real, or Rupee is traded on the global market, a Dollar is not. If other trustworthy alternatives become popular, it may compromise America's dominance in the global market.
EUR/USD Bullish Outlook still strong?The EUR/USD chart has recently displayed bullish tendencies, but how long can this upward trend continue? Our previous weekly technical analysis anticipated a reaction at the support level of 1.09098. As expected, the price reached this demand zone on April 17th, indicating significant buying pressure.
While the daily timeframe seems bullish, the pair hit a critical resistance level at 1.10422. Price is currently trading above the 20-day EMA, but the MACD histogram shows weakening momentum, suggesting the support level of 1.09098 might fail soon.
The 4-hour EUR/USD chart displays sideways movement within the 1.09098 and 1.10422 range. The 1-hour chart reveals a failed support level at 1.10090, now acting as resistance. A rejection at this level could lead to a break below the uptrend line, testing the main support at 1.09098, with potential for a bearish move.
Several factors could influence the EUR/USD price next week, including the crucial support level of 1.0930, the S&P Global Composite PMI in the US, the ongoing natural gas shortage in the Eurozone, and geopolitical events such as trade disputes. Keep an eye on upcoming high-impact news events to stay informed and trade responsibly.
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EURUSD: Influence from USDUSD: Ugly inflation promises further flight to safety!
The Federal Reserve is concerned with increasing prices, which are not decreasing at all. The highest level of inflation is not even visible yet, and it is expected to be in the future. This confirms that the bank will increase interest rates by 75 basis points for the fourth consecutive time in its November meeting, with a range of 3.75-5%. Additionally, it indicates that the peak rate will be 4.8% by March, which is higher than the bank's previous projections. The anticipation of higher interest rates is causing stress in the global financial system, prompting investors to seek refuge in the US dollar.
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- As of last day, the MARKET SENTIMENT for EUR was slightly on the DOWN SIDE. The main reason for that is that the dollar started getting stronger because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
- Definitely, according to the market structure, EURUSD can go down to the support level of 1.0619 below. At the moment, there is quite a down side bias in the market for EUR.
- Before that, EURUSD can go up to 1.0970 LEVEL according to the structure. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going DOWN, there will be more EURUSD SELL. So keep an eye on it.
EURUSD: The influence of USD!Hi trader, you look great today!
The recent rise in CPI indicates that the Federal Reserve is unlikely to make any significant changes in their policies this year. While there are signs of fatigue among those who hold USD long positions, the prevailing trend is still towards a stronger dollar. Unfortunately, global growth is not synchronized at the moment, which would typically lead to a weaker dollar. Other factors that could weaken the dollar, such as China's move away from a zero-covid policy or the resolution of European energy concerns, are not expected to have an impact anytime soon. The possibility of a Fed pivot is also a distant prospect.
Hot CPI means the Fed pivot is well beyond the horizon
EURUSD: Energy emergency program!Hello trader, do you think?
During the ECB Watchers conference, ECB President Lagarde reiterated last week's decision, with a greater emphasis on the hawkish elements than the dovish ones. She emphasized the baseline scenario of ending APP in Q3 and interest rate hikes occurring sometime thereafter when discussing normalization. The most important aspect of her remarks is the focus on being "creative" and "designing new instruments" if necessary to address any threat to monetary policy transition and fragmentation. This is a strong indication of the possibility of an energy emergency program similar to PEPP, which could serve as a massive energy backstop. Such a program could counteract the negative effects of higher oil prices and encourage more investment in Europe, ultimately supporting the euro.
Energy emergency program could drive more flows to Europe
EURUSD: Short term increase!Hello trader, What do you think?
According to our projections, there will be a rate hike of 25 basis points in May and another rate hike of 25 basis points in June, resulting in the ECB's Deposit Rate peaking at 3.50% for this cycle. We believe that the current market pricing, which suggests a peak policy rate of approximately 3.09%, is insufficient compared to our expectations. Our optimistic outlook for the Euro's strength against the USD in the medium term is primarily driven by our confident predictions for the ECB policy.
Further ECB tightening supporting outlook for medium term strength
‼️EURUSD SHORT‼️The market conditions for EURUSD are currently lucid and comprehensible.
There is a significant volume pressure indicating a downward trend. We anticipate that the price will gather liquidity just above before continuing on a downward trajectory. Our analysis has identified two areas that may serve as strong supply zones. It is prudent to wait for the price to reach these regions before seeking CHoCH (confirmation of change) and any other confirmation signals indicating a new downward trend.
Risk management remains paramount in all trading decisions. It is imperative to exercise patience and wait for confirmation before executing any trades.
If you have any questions, please do not hesitate to comment below.
Wishing you peace,
@FxShzd team
EURUSD Technical Analysis and Trade IdeaThis video offers a comprehensive analysis of the EURUSD, concentrating on its recent trading patterns. It's worth noting that a significant resistance level has been reached, and a price gap exists below it. Bigger players may look to attack sell-side liquidity resting under in the form of stop losses. The video delves into various topics such as trend analysis, price action, market structure, and price gaps. Furthermore, it briefly mentions a potential trade opportunity.
EURUSD Technical Analysis and Trade IdeaThis video offers a comprehensive analysis of the EURUSD, concentrating on its recent trading patterns. It's worth noting that a significant resistance level has been reached, and a price gap exists below it. Bigger players may look to attack sell-side liquidity resting under in the form of stop losses. The video delves into various topics such as trend analysis, price action, market structure, and price gaps. Furthermore, it briefly mentions a potential trade opportunity.
EURUSD H1Hello traders,
EURUSD is setting up for a downside move watch price to retest and look for a short position opportunity, if price break the yellow box and also 1.10000 area with the candle body then only look for long otherwise look for short.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck and good trading.
EURUSD BUYWelcome . According to the analysis of the euro pair against the dollar. There is a high probability of going up. The market broke the triangle pattern. with rising peaks. We are waiting for a retest of the pattern to enter a buy trade targeting 1.11000 .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
EURUSD: Buyer's entry!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️
In the second quarter, our team predicts a significant decrease in core US inflation, mainly due to the impact of lower natural gas prices and China's economic recovery. This development has led to an upward revision in global growth, which is beneficial for the euro currency. Additionally, a more aggressive stance by the European Central Bank could lead to an increase in yield differentials, resulting in a rise in the EUR/USD exchange rate.
Note: Full TP, SL for winning the market and safe trading!
EURUSD: Buyer's outlook!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
According to our prediction, there will be a 25 basis point rate increase in May and another 25 basis point rate increase in June. This will result in the ECB's Deposit Rate reaching its highest point at 3.50%. Presently, the market pricing indicates a policy rate peak of approximately 3.09%, which seems insufficient in comparison to our expectations. Our optimistic forecast for the ECB policy is a crucial factor in our expectation of the Euro's medium-term dominance over the USD.
Note: Full TP, SL for winning the market and safe trading!
EURUSD: entry Sell!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Despite expectations of a decrease in inflation, its unexpected rise is a setback rather than a sign of a renewed acceleration in inflation. Our forecast still predicts a primarily decreasing trend in inflation, but it will take years to reach the Fed's target of 2%. This means that the US will have higher rates compared to other regions, even if the eurozone experiences higher inflation (anticipated at 8.2% this week) due to the ECB's more cautious approach and its lower terminal rate compared to the Fed's. This historical trend also indicates that the dollar will remain strong for an extended period, possibly throughout the year.
Note: Note: Full TP, SL for winning the market and safe trading!
EURUSD: Europe is in a great stress!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Europe is currently experiencing its largest energy crisis in recent history, with the duration of the crisis remaining uncertain. The situation is expected to be challenging for Europe for a minimum of two to four years, unless there is a significant alteration in the circumstances leading to the crisis. The primary cause of the crisis is Russia's war against Ukraine, which is impacting the European economy in various ways, including increased prices for energy and food, as well as geopolitical instability. This instability could result in third-party efforts to alter EU borders.
Note: Note: Full TP, SL for winning the market and safe trading!
EURUSD- A great area to SELL EURUSD has reached 'premium' price area where we expect price to reverse and drop significantly; NFP data is crucial for EURUSD price momentum and also a decider for DXY next move.
entry Criteria.
-Price approach at the area which is label as' entry zone'
-Stop loss should be a bit above invalidation level.
-Take profit as described.