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Eurusdtrade

eurusd sellEUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecasEUR/USD saw a slight decline on Tuesday but managed to stabilize above the 1.0835 area, where trendline support intersects with the 200-day moving average. Bulls will have to defend this crucial battleground vigorously; failure to do so could usher in a move towards 1.0725. On further weakness, all eyes will be on the 1.0700 handle.t and stay up to date with the latest EUR/USD news and analysis articles. On the flip side, if buyers regain the upper hand and push prices higher over the coming trading sessions, resistance can be identified at 1.0890, near the 50-day simple moving average. Sustained directional progress above this threshold could reinforce buying impetus, creating the right conditions for a climb toward 1.0950.EUR/USD is grinding lower toward 1.0800 in early European morning on Wednesday. The extended recovery in the US Dollar amid a deterioration in risk sentiment is weighing on the pair, as the focus shifts to a data-packed day ahead.
Short
by Mark804
Bullish momentum is over? 📊Eur/Usd happily continued it's acscent and bullish market structure played out nicely . Anticpating this bullish move back to retest the high created from last week (1.08566) has been modest. It is possible that we may continue to the upside and retest other key price levels such as 1.08722 and 1.0888. If price breaks below 1.08428 we may drop back into a range and price may reach across the clean traffic range to 1.08166 . A 27 Pips range.
Long
by ShrewdCatfx
2
Major Events in Euro Area and US on Friday Major Events in Euro Area and US on Friday Friday is a significant day with Euro Area Consumer Price Index (CPI) and US Personal Consumption Expenditures (PCE) data on the radar. Euro Area inflation likely eased to 2.5% in February, and the official report is expected on Friday after a rush of local economic data from the Euro Area. The European Central Bank (ECB) is grappling with the challenge of bringing core inflation down from 3% to 2%. While the market previously anticipated rate cuts to begin in April, the ECB, emphasizing data reliance, has prompted market adjustments, pushing the expected first rate cut to June. In the US, the focus this week is on the PCE data. The day before, we do get Q4 GDP second estimate. But unless it is adjusted significantly, this will likely not have an impact. Anticipating comparable rate cut trajectories in both economies, the dollar could potentially make up recent losses against the euro, particularly if January's PCE data exceeds estimates, thanks to its superior interest rate differential. Thursday witnessed a surge that touched the 50-day simple moving average (SMA) before a subsequent retreat. Looking at the short term, technical indicators on the 4-hour chart hint at a potential upward bias. EUR/USD is presently trading above all its moving averages, and the 20 SMA appears poised to surpass the mildly bearish 200 SMA.
by BlackBull_Markets
Long EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. The Euro's recent move higher against the US dollar has stalled today with further progress being kept in check by the 200-day simple moving average. While this technical indicator was broken yesterday, the pair closed below the longer-dated moving average. A confirmed break higher – a close and open above the 200-dsma – would see the 50-dsma and a cluster of recent highs on either side of 1.0900 come into focus. Support is seen at 1.0787 down to 1.0760 Confirm long
Long
by JohnHarry_7
EUR/USD Longs from 1.07800 back up to 2hr supply or above.This week's bias for EU resembles GU's, but I wouldn't be surprised if EU rises slightly to clear the 2-hour refined supply before dropping to remove the trendline liquidity below. Nevertheless, I anticipate price to eliminate the trendline liquidity and fill the small imbalance just above the demand zone. During this process, I expect price action to slow down after consuming a significant amount of liquidity, signalling a potential Wyckoff accumulation phase. It's worth noting the presence of an Asian low beneath the demand, which warrants caution. However, I want to emphasize that this is a counter-trend notion, and my overall sentiment for EU remains bearish. Confluences for EU Buys are as follows: - Price broke structure to the upside and left a clean 10hr demand zone. - Still some imbalance that still hasn't been filled as well above my demand POI. - Market also broke major structure to the upside could indicate a bullish trend. - there's some liquidity above the recent high that needs to be taken as well. - Triple touch trendline liquidity that needs to be swept. - for price to go down it must mitigate a supply higher up like that 12hr. P.S. Ideally, I'm looking for another rally to trigger price action to clear out the significant pool of liquidity located just below the 12-hour demand zone at the top of the chart. However, I anticipate price to establish a new supply once it descends to take out the trendline. This would allow me to wait for a mid-week pullback to sell down towards the demand. Have a great trading week and lets catch these PIPS!
Long
by Hassan_fx
4
EURUSD down EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. EUR/USD continues to trade in a tight channel above 1.0800 in the second half of the day on Friday, as the improving risk mood makes if difficult for the USD to gather strength. The pair remains on track to snap a five-week losing streak. Confirm Chart
Short
by JohnHarry_7
1
Eur/Usd Friday Today we can observe the end of the week. Price action was uncertain this during London session. At NY open 1hr candle we recieved a candle closure above the consolidation from London session. This suggests a breakout to the upside as we mirror clean traffic candles to the left and head towards 1.08534. If not, then it is friday and the weekly candle may pull back down into the range to end the week. At that we would be heading back towards 1.0805 with the next 4hr candle.
Short
by ShrewdCatfx
1
EURUSD: The USD fell before the PMI data, the Euro and British PThe greenback edged decrease in early European alternate on Thursday, with hazard sentiment buoyed through Nvidia`s sturdy income, at the same time as investors awaited the discharge of enterprise interest surveys. critical for locating clues approximately the fitness of the worldwide economy. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling 0.4% decrease at 103.472, down almost 1% yr to date. this factor this week. Strong income from AI favourite Nvidia (NASDAQ:NVDA) boosted international confidence, ensuing withinside the safe-haven greenback taking a hit, favoring greater cyclical currencies . The dollar hit a excessive this week, however stays greater than 2% better for the yr, as investors eased competitive bets on a sequence of hobby charge cuts through the Federal Reserve this yr. Minutes of the Fed's overdue January meeting, launched on Wednesday, confirmed that the financial institution is in no hurry to lessen hobby quotes withinside the close to future. Speeches through numerous Fed officers this week additionally reiterated this hawkish stance, with policymakers bringing up worries approximately difficult inflation. Attention now turns to the discharge of PMI statistics, weekly unemployment statistics and, greater importantly, production and offerings PMI statistics for February, to gauge the economy's underlying strength. “Our evaluation and statistics shows the greenback will retain to reinforce over the following couple of weeks - we've a sturdy January center PCE launch on February 29 - after which will reduced in March because of a softer payroll document and softer February CPI numbers.” ,” analysts at ING stated in a note. Euro location offerings PMI impressed In Europe, EUR/USD rose 0.5% to 1.0869, with the euro supported through a greater tremendous funding climate.
Long
by Chart_MasterPro
Manufacturing Data turns Manic 👹Welcome back traders to another Top-Down Analysis for Eur/Usd. We can observe an increase on EU that began on Tuesday of this week. As the week has progressed we have slowly climbed up to the next Daily Level 1.088. Better than expected numbers for EURO manufacturing data has provided a nice boost of bullish momenutm and continuation for the Eurusd to the upside. However, we've now filled the clean traffic range on the 1hr/4hr timeframes that extended from 1.080. In the coming session I am anticipating a selloff away from the Daily level 1.088. We may retest the high that we've created at 1.087 but things are looking a bit manic. Either way we must remain flexible with our bias when executing Intra-day.
Short
by ShrewdCatfx
EUR USD sell confirm EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. According to the Bank for International Settlement (BIS), which compiles statistics in cooperation with world central banks to inform analysis of global liquidity, among other things, the US Dollar and the Euro are the two most traded currencies in the world. And EUR/USD is the most traded pair. It is important to note that the BIS is a good resource to gauge the size of the $6.6 trillion global interbank market, but that non-institutional, or retail and/or individual investors, do not engage in trading directly in the interbank market. Instead retail investors engage in trading with a Registered Foreign Exchange Dealer, which acts as a counterparty to all of its customers’ trades. EUR/USD stretches higher above 1.0850 ahead of Eurozone PMI data EUR/USD is continuing its upswing above 1.0850 in European trading on Thursday. A broadly subdued US Dollar and US Treasury bond yields, amid a risk-on mood, are helping the pair ahead of the top-tier preliminary PMI data from the Eurozone and the US. EUR USD sell
Short
by JohnHarry_7
EURUSD could move closer to the 1.0900 markThe FX:EURUSD could move closer to the 1.0900 mark over the course of the week. EUR/USD saw biggest gain on Tuesday in almost one month (+0.3%). Nothing in the European or US data suggests a directional shift is imminent or justified. Technically, EUR/USD is attempting cross above 200-DMA (1.0827). If it overcomes this hurdle, the bounce could extend towards the high achieved so far in February near 1.0900/1.0915. Right now, there is firm support in the 1.0760/1.0770 zone. The nearest resistance is at 1.0840/1.0850. Guys, what do you think? Leave a comment with your thoughts.
Long
by tradingconmike
1
SHORT EUR/USD 1.0794In the last hour we've seen EUR/USD break the neckline of a standard M-Top candle formation. M-Tops and W-Bottoms are highlu reliable structures and although they can be used in isolation its always better to see if they form at areas or lines of resistance or support. In this case we have RSI decling as well as MACD and yesterday pricehit WR1 pivot elevel which frequently will have SELLERS jumping into the market. I'm a big believer in Pivot levels as these can be marked on your charts at the start of the week so you are forewarned that the price MAY do something if WR1 and WS1 are hit. Pivot Point SuperTrend which I use has confimed this SHORT bias and the Andean Oscillator red SELL line is rising. All in all this looka s olid SELL signal although the key 100 and 200 EMA moving averages are below the price but far enough away to get a healthy plus STOP should price make it down there. STOP for this trade is 1.0819 which is the recent high and target is open but provisionally 1.0774 which is the 200 EMA.
Short
by forextraplaces
EURUSD Technical Analysis & Trade IdeaThe EURUSD exhibits a bearish bias on higher timeframes. The weekly chart reveals a clear break of market structure to the downside followed by a retracement. Drilling down to the daily timeframe, the retracement has taken out previous buy stops, further supporting a short bias. A short entry at the current level appears viable, with a stop-loss placed above the recent high and targeting previous lows. This setup presents an intraday or swing trade opportunity. Important Disclaimer: This analysis offers a technical viewpoint and does not constitute direct financial advice. Before initiating any trades, conduct your own comprehensive research and apply appropriate risk management strategies.
Short
by fxtraderanthony
EUR USD down EUR/USD consolidates gains above 1.0800, awaits Fed Minutes From a technical point of view, EUR/USD’s daily chart shows its closing in the green for a fifth consecutive day. The same chart shows it trades above converging 20 and 100 Simple Moving Averages (SMAs) in the 1.0790 price zone, while it retreated from around a flat 200 SMA, currently around 1.0825. Technical indicators, in the meantime, maintain their upward slopes just below their midlines, suggesting bulls are willing to push EUR/USD further up. EUR/USD is holding gains above 1.0800 early Wednesday, having hit two-week highs on Tuesday. The US Dollar remains broadly weak, despite a mixed market mood, as investors weigh Fed rate cut bets and US government shutdown risks ahead of the Fed Minutes.
Short
by JohnHarry_7