Obviously, For What We Expect On The Dollar Index We Expect The Opposite On Foreign Pairs, So This Is Then The Expectation On The EURUSD, Shorts To Take That Daily Sellside Liquidity.
I think the euro can go down to the price range of 1 and pull back and then go up for a breakout
EURUSD is trading near the HL 1 trendline with the 4H timeframe about to turn neutral again (RSI = 57.365, MACD = 0.002, ADX = 18.019) after being overbought last week on June 15th-16th. Along with the 4H RSI testing the bottom of its Channel Up, this is our first buy entry on the medium term with the second being on a potential contact with the 4H MA50 at...
EUR/USD Analysis, June 20, 2023: On the 1-hour chart, the EUR/USD pair continues to be bearish, extending a significant downtrend that started in the last few sessions.
EURUSD turned overbought on the 4H time frame (RSI = 74.381, MACD = 0.005, ADX = 54.586) following the parabolic rise yesterday. As we mentioned on our analysis last month, the pair has been rising strongly basically since the May 31st bottom. As the 4H MA50 is about to cross over the 4H MA200 for the first time since March 21st and form a Golden Cross, we expect...
I think the price can go up to the 1.081 range and drop from there. The 100% expansion range.
Here is my analysis for EURUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURUSD crossed today over the 4H MA100 for the first time since May 10th and with the 4H time frame heavily bullish technically (RSI = 61.681, MACD = 0.000, ADX = 28.340), we expect a test of the Ascending Triangle's Top, the R1 (TP = 1.07800). Beyond that, we will only buy above R2 and traget R3 (TP = 1.08315) and on HL (the bottom of the Ascending Triangle). If...
EURUSD is having a highly aggressive bullish break out as not only did it cross over the 3 week Channel Down pattern but also the 4H MA50 which has been unbroken since May 8th. The 4H technicals are healthy bullish (RSI = 58.132, MACD = -0.001, ADX = 39.347) and if the current 4H candle closes over the R1, we will extend our buying and target the R2 and 1D MA100...
EURUSD is trading inside a Channel Down on the 4hour time frame with the price near its top and the 4hour MA50. As long as it closes the candle under the 4hour MA50, sell and target Support at 1.06710 on the short term and the bottom of the Channel Down on a -1.17% decline at 1.06200. If it closes a candle over the 4hour MA50, buy and target the 4hour MA100 at...
Here is my view for EURUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURUSD has been on a non-stop decline for the majority of the month crossing under both the 1D MA50 and 1D MA100. The price is attempting to naturally reach the lower levels of the long term Channel Up and with the 1D time frame technically almost oversold (RSI = 33.358, MACD = -0.005, ADX = 58.352), the conditions of a new long term buy emerge. We will use a...
The market is currently going through a period of uncertainty. The market is very optimist about the Debt Ceiling agreement. This is definitely going to be a Catalyst this week and half of the following week. If the agreement is seal we could see a strong dollar. This trading idea is based on what is the price doing in Daily time frame. Also taking into...
Hello traders, some information to help you trade better is here. The EUR/USD experienced a consecutive drop, resulting in the lowest daily close in two months, due to the US Dollar's increasing strength. The Greenback was supported by higher Treasury yields and risk aversion. Any recovery seen during the European session was short-lived, and the pair returned...
Hello 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, expecting this setup to get activated by Wednesday, Monday and Tuesday remain quite. -Let's wait and watch.
Hello 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 - 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...