EURUSD TECHNICAL ANALYSIS H4 Timeframeeurusd reject from risistance zone and h4 candle close bearish and create a new lower low looking only for sell
Eurusdtradeidea
EURUSD SHORT TERM INTRADAY IDEAIntraday Analysis - EURUSD - ( 2nd MAR 2023 )
Similar to GOLD , will be looking for shorts on EURUSD. Overall bias stays as bearish. However we have EUR CPI during London session later.
If cpi comes out as per forecasted , or higher than forecasted, EURUSD will have a short lived rally to greater sell side liquidity zones as marked in the charts. However do note that the move may be short lived and could possibly be corrected the next day or the following week.
Why high CPI means EUR rally ?
Understand that CPI is a strong indicator of inflation. With high inflation , higher interest rates have to be implemented to combat inflation which will cause the strength of EUR to increase.
It is possible to take advantage of CPI data buys or shorts but risk lesser
HRHR BUYS AT 1.06850
MRMR BUYS AT 1.07300
HRHR SELLS AT 1.07900
MRMR SELLS AT 1.06800
SAFEST SELLS AT 1.05800
NOT ADVISIBLE TO TRADE NEWS FOR ROOKIE TRADERS
Could the rising wedge still be valid on the EUR/USD?With short positions still being held at 1.0788 and 1.0645, I'm looking to see if we break below that pivotal zone which would potentially open things up for sellers to come pouring in. I will not look to add any positions as of right now.
The best course of action is to stay patient and observe the price action.
If we do break, I will lower stop losses to control risk and let it ride potentially towards 1.0100.
Trade idea is invalidated if we find strong support around 1.0600 - 1.0550 zone.
EURUSD WILL FALL BACK TO 1.050 THIS WEEKTHE EURUSD may make a correction up to the area around 1.060 or even a little bit above that. but the overall trend is down so the price will fall this week to the price area around 1.050 or even lower!
that's what I believe! what about you guys? what do you think ??
do you agree or not ??
EURUSD Next Support!EUR-USD keeps falling
And the pair is somewhat
Oversold so I think that
After the retest of the
Level below we will see
A local rebound
EURUSD possible sell zone!!Currency Pair : EURUSD
Possible direction : Bearish
Technical Analysis : Price has broken out of daily support and showing strong bearing momentum on daily and 4h. Current session candle has a very weaker response from the buyers, and as the price heading to monthly support, there is a selling opportunity on the test of the previous support turn resistance after a strong rejection.
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
EURUSD to bounce towards daily resistance around 1.068 levelThe price pierced through the confluence of monthly, weekly and daily support which was unexpected. Now it is at the next daily support. The price shall bounce from here and target the daily resistance 1 zone as the first target for that bounce move to upside.
EURUSD Bearish Idea - EURUSD Short SellEurusd is expected to retrace a bit and then it could fall more but it seems that it may close above the previous high and could give us a buy oppurtunity, it could be a trap, we will wait for confirmation,
please read the note in the chart.
eurusd Technical analysis of EURUSD monthly time: 25.2.2023
We can see that after reacting to the 50 fibo range, we had a resistance zone in B pattern crossing it, now we are exactly on a resistance zone in the range of 1.05420, which in case of failure can be two targets in the ranges of 1.03799 and 1. 01716 based on pivot points. There is no need to touch both.
In general, the goal of the harmonic pattern can be reconsidered, but we must not forget that the resistance of the X range of the pattern is within the range of the two specified targets and can prevent further reduction.
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.
EURUSD bearish modeEURUSD still pressure to go down at the base line according to SMC concept we have to wait till to reach the base line
EURUSD | Bearish on 1H TimeframeEURUSD is bearish on 1H timeframe as market is printing bearish trend as per Dow Theory.
EURUSD-900 PIPS SELL SETUP!!Dear Traders, hope you are doing great, we have EURUSD today where we expect price to drop at least 900 pips in longer term time. We had strong bullish momentum on DXY for last few weeks, taking that into consideration I am expecting price for DXY to drop a bit.
EURUSD PREDICTION FOR THIS WEEK. BUYS From this trade: There is a liquidity grab of the equal highs at the bottom that has been swept
Intraday BUY eurusd (17 FEB 2023)EURUSD intraday trading alert
3 simple steps to find a quality setup !
Risk Reward Ratio 1: 2
Anyone same idea with me?
BUY EURUSD
Good luck traders..
EURUSDWe will see dollar bullishness for while.
The reasons for dollar bullishness.
1.NFP 517k way higher than expected
2.CPI 6.4 better than expected
3.Unemployment rate is way better than expected
EURUSDThis pair has formed an ascending channel with a 3 touches which means its a valid channel
so now we're waiting for a candle to close below the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
Follow me for updates and more trades
Please don't forget to give us your thoughts in the comment
Good luck
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.
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.
EURUSD SHORT PLAY 13-02-23I have been bearish on EU for a few weeks now, I'm targetting consequent encouragement on the large downside wick on the weekly chart. The previous target was filled perfectly.
EURUSD Trading Plan - 12/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect EURUSD to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Eurusd analysis are near to break support after little retest . are you guys ready to enter with me ?
EURUSD BUYWe are Buying EURUSD to Our Sell Zone, if you followed My EURUSD Sell Analysis I posted 3 minutes Ago you would Understand what I mean, So we are Waiting for price to create HH & HL before we Take Our Buys Buying Pips 135 pips. I already Explained everything concerning EU on my Sell Analysis please do check it out so you could get everything thanks
