EURUSD SELL ZONE EUR/USD climbs to multi-week highs above 1.0900EUR/USD extended its daily rally and touched its highest level since late January above 1.0900 on Wednesday. The broad-based selling pressure surrounding the US Dollar during Fed Chairman Powell's testimony fuels the pair's upside.EUR/USD may now see successive weekly peaks of 1.0932 (January 24) and 1.0998 (January 11), all before the psychological barrier of 1.1000 and prior to the December 2023 high of 1.1139 (December 28).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.Transitioning our focus away from fundamentals, the next section of this article will concentrate on evaluating the technical outlook for three major FX pairs: EUR/USD, GBP/USD and USD/CAD. Our analysis will center on interpreting price action dynamics and identifying critical levels that could act as support or resistance in the upcoming trading sessions. confirm chart
Eurusdtradesignal
EURUSD LONGEUR/USD found support near 1.0800 (psychological level, Fibonacci 23.6% retracement of the latest downtrend) but is yet to clear the 200-period Simple Moving Average (SMA) on the 4-hour chart, currently located at around 1.0820. Meanwhile, the Relative Strength Index (RSI) indicator stays slightly below 50, highlighting a lack of recovery momentum.If EUR/USD manages to stabilize above 1.0820 and starts using that level as support, 1.0860 (broken ascending trend line) could be seen as next resistance before 1.0900-1.0910 (psychological level, Fibonacci 50% retracement).On the downside, a 4-hour close below 1.0800 could attract technical sellers and open the door for an extended slide toward 1.0760 (static level) and 1.0720 (static level).
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.CONFIRM SIGNAL
EURUSD down long Today’s release did little to shift interest rate expectations. Markets continue to forecast around 90 basis points of cuts this year – three or four 25bp cuts – with the June 6th meeting seen as the most likely starting point. A cut at this meeting would mean the ECB being the first major central bank to cut rates, leaving the Euro at risk of falling further.
The daily EUR/USD chart shows the pair testing 1.0800 again, with the pair flashing a short-term negative signal as it opens and trades back below the 200-day simple moving average. A break below 1.0800 leaves prior support around 1.0787 vulnerable, along with the last simple moving average at 1.0788. Below here the February 14th multi-month low print at 1.0695 the next target. If the pair can reclaim the 200-dsma at 1.0828, then the 1.0866/1.0870 area comes back into play.
Retail trader data shows 54.99% of traders are net-long with the ratio of traders long to short at 1.22 to 1.The number of traders net-long is 10.29% higher than yesterday and 7.10% higher than last week, while the number of traders net-short is 13.68% lower than yesterday and 6.70% lower than last week.
EUR/USD Weekly Forecast: Euro gains for second straight week as traders reassess Fed, ECB rate cut bets confirm signal
EUR/USD - Sell Zone !Hey there!
I'm selling on EUR/USD:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We have an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We are with the trend.
The CPI figures aren't so good for the € compared to the $, which is in great shape!
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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
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
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.
EURUSD → Day Analysis | Sell SetupHello Traders, here is the full analysis.
Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURUSD Day Analysis | Sell SetupHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURUSD - D1\H4EURUSD
W1 - Can be considered as the completion of the correction and the potential beginning of a 3-wave structure.
D1 - The price has approached the breakout of the 1st wave, which can form the 3rd wave and begin a downward movement to the levels 1.04530
H4 - The price has left the consolidation zone, for further movement it is better to wait for a correctional wave and consider selling on the 3rd wave on D1
What can you expect?
You can consider entering from levels ~1.08764 - 1.09352 with a target of 1.04530. After the corrective movement on H4. Also, if you are considering an entry, you can wait for the price to fix below the low of the 1st wave.
Cancellation if the price breaks the maximum of the 2nd wave - 1.10220.
Short
Target 1.08256 - 1.07172 - 1.06156 - 1.04530
EURUSD POTENTIALLY BULLISHFX:EURUSD Broke out of the major resistance and has formed a new high. On H4 TF, it can be seen attempting to form a new higher low. If the new higher low is fully formed and holds around the 1.10345 area, we just might see some higher push
Targets are at:
1) 1.11300
2) 1.12389
Trade with caution and trade responsibly. Do your due diligence
Happy New year
EURUSD → Next on the upside comes 1.0945FX:EURUSD surrenders part of the recent advance to three-month highs just below 1.0900 the figure on Wednesday.
The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. Once cleared, spot could challenge the psychological threshold of 1.1000.
So far, while above the significant 200-day SMA, the pair’s outlook should remain constructive.
EURUSDAlready broke out of the consolidation phase and looking sweet for another short to continue with our existing short
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EURUSDAfter price falling during the NFP and the unemployment rate last Friday, 1st September, price is expected to continue falling but will make a pull back to the 1.08364 level which is in line with the fibo retracement level. The retracement will be due to the DXY index weakness on the 104.0 support.
Price could push down to the declining channel resistance level at 1.07077.
EURUSD - RSI SIGNAL ANALYSISEURO/USD
RSI SIGNAL ANALYSIS
- Diagonal parallel channel acting as confinement zone
for price, good for timing buys/sells and for stops
above or below.
- Red zones on the chart are oversold levels and green
are overbought.
RSI OVERSOLD
- Can remain oversold for 28 - 30 weeks
- Prime time window to buy is from week 26 - 28
RSI OVERBOUGHT
- Can remain overbought for 17 - 22 weeks
- Prime time window to sell is from week 17 - 22
- An RSI double top pattern has signaled the last
overbought tops.
You can also clearly see the relevance of the POC Line which price oscillates around or has trouble with breaching.
We can observe what happens the next time the RSI is oversold or overbought and maybe we can use these weekly time windows to better gauge a buy or sell opportunity.
PUKA
gartlay pattern EURUSD 30Mwhen its break the trend its may retest a little then move upto the targeted level. after breakout of trend line you should look for retest and get entry there on confirmatioN(candlestick RSI) upto the that zone. after reaching the pattern completion you have tp enter there upto the targeted area. its my own analysis im still learning forex i hope this will help you. Use 0.5% stop lose. use small lot size dont be greedy and be patient. thank you
EURUSD ShortFinally EURUSD to up the short position. This may not last for too long so if you're in this, manage your position and always breakeven once in some sizeable profit.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EURUSDFor me, I'm still neutral for now. Before taking any position on this pair, I will want to see a break above the 1.10432 and its retest (for a long) or a break below 1.09523 and its retest (for a short). Until then, we wait.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results