EURUSD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY . EURUSD long
! Great BUY opportunity EURUSD
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EurUsd - 1.000 Pip DropHello Traders, welcome to today's analysis of EurUsd.
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Explanation of my video analysis:
EurUsd has been trading in a pretty obvious descending channel for over a decade and is currently retesting the top resistance of the channel. Furthermore there is a horizontal structure level around the $1.09 level which is also acting as resistance. I am expecting more bearish pressure on EurUsd to eventually retest the lower support of the channel pattern.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
💡 EURUSD: Forecast March 25After the railroad model, EURUSD broke the previous bottom and fell sharply in the past session. It has now approached the initial target level around 1.08 and completed the head-and-shoulders reversal pattern. The sellers are showing dominance, expecting the price to continue to go down, the next target is around 1.07xx, you can already look for selling opportunities.
EURUSD Technical Analysis and Trade IdeaThe EURUSD has rallied on the back of the Fed holding rates and the USD tanking. The move seems over extended and has traded into a key resistance level. On the 1D time frame we can see lower lows/highs and a bearish break of structure. In the video we discuss a possible short if price action sets up the right conditions.
EURUSD: The EUR continues to fall as the ECB can cut interest raThe euro is possibly to keep to conflict towards the greenback as weaker financial boom and quicker deflation withinside the European Union ought to pressure the European Central Bank to reduce hobby charges aggressively than the Federal Reserve.
EUR/USD fell 0.52% to $1.0862.
“We keep to count on EUR/USD to decline,” Morgan Stanley stated in a latest note, highlighting numerous elements in order to widen the differential among US and EU hobby charges, such as Deflation is quicker withinside the EU and financial boom is slower.
Morgan Stanley forecasts that the slowdown in European inflation will "arise quicker and at a decrease preliminary charge than US inflation", paving the manner for the ECB to "sign a quicker tempo of cuts than presently expected." now".
Expectations for an ECB hobby charge reduce as quickly as June had been boosted on Wednesday, following the Swiss National Bank`s marvel pass to decrease its benchmark hobby charge.
Swaps are actually pricing in a ninety% risk the ECB will reduce hobby charges in June, up from round 80% on Wednesday, with four, or ninety foundation points, cuts now priced in.
Meanwhile, the energy of US boom in comparison to the EU may also inspire the Fed now no longer to reduce hobby charges as little as in preceding cycles, Morgan Stanley stated. But different principal banks, such as the ECB, won't have that luxury, paving the manner for the USD "to hold a differential benefit over the EUR", MS added.
Meanwhile, slower boom out of doors the United States and ongoing geopolitical dangers also are possibly to help a more potent greenback, "particularly because the US election approaches", Morgan stated. Stanley stated.
EURUSD: Price Reaching Important Buying Key Level. FX:EURUSD price currently reaching a perfect buying key area where we expect price to bounce and continue the bullish trend up until it hit out 'take profit'. If you like our idea then please do consider liking the idea or leave comment. Good Luck and Trade Safe.
💡 EURUSD: Forecast March 19After a brief recovery to the neckline of the double top model, selling pressure became stronger again, creating new bearish signals. These new signals are strengthening the possibility of EURUSD falling, you continue to hold existing short positions, the short-term target is around the support threshold of 1.08.
💡 EURUSD: Forecast March 11EURUSD stalled on Friday, rebounding from the above resistance while creating a bearish pinbar pattern, showing resistance. However, with the previous breakout, EURUSD D1 is still slightly higher in price.
The EURUSD H1 chart structure shows that this pair is more bullish, with gradually higher highs and lows along with a bullish channel providing additional support. Because D1 is touching resistance, H1 can catch pullbacks to the resistance areas below to buy
EURUSD ANALYSISOn the monthly chart we have a bullish trend. On the weekly charts we have a bearish correction targeting the weak low and forming new lows.
On the daily charts we have a bearish set up that is presently in correction mode targeting the disequilibrium at 1.10425. We can only trade this pair once we have a clear signs of bearish or bullish continuation
EURUSD Analysis for a Positional Trade with amazing Reward
We have a Fresh Weekly Demand and a Fresh Weekly Supply areas formed,
Now Price has just reacted to the Weekly Demand and post a Confirmation in lower timeframes in the Upward direction(In the direction of the Trend), we will buy with a defined risk.
We see that the previous High is violated and a potential 4H Demand has formed, now there are two possibilities either this 4H Demand will take the price till its Weekly Supply in the opposite or this 4H Demand will be violated. Lets check the Reward to Risk ratio of this 4H Demand, as per the statistic anything above 3:1 is a good opportunity and any FII wouldnt miss such Trades.
Here is the Trade with a Reward : Risk ratio of just a little more than 6:1.
Thank You and ENjoy the Ride ! ! !