Eurusdtrend
EURUSD ANALYSISThis is my anticipation on the EURUSD, our daily time frame recently broke structure to the downside, we would then do good to anticipate a pullback after the expansion BUT before we can anticipate that pullback, we need to see or have a confirmation in price on a time frame lower than the daily which will confirm our bias for the bullish pullback, as showed in my analysis, I wanna see price trading lower first to take the sellside liquidity first before we can begin the pullback, should price continue trading lower and not give us any confirmation for a pullback, we're not gonna engage, we simply let it go for this particular week, the same applies for when price just pulls back without first taking the sellside liquidity.
EURUSD: EURUSD technical analysis todayLast week, US Federal Reserve (Fed) policymakers anticipated hobby quotes might lower through three-quarters of a percent factor through the give up of the year. The Fed and European Central Bank aren't predicted to ease as speedy or to the identical quantity as rising markets, leaving bring buyers to be greater selective. State Street Global Advisors recommends moving to lower-threat bring trades and the use of the solid Swiss franc because the investment forex, favoring shopping for the Indian rupee towards the Chinese yuan Quoc.
Low volatility is a key thing in prefer of bring trading, with Deutsche Bank`s CVIX index, which measures predicted volatility in 9 main forex pairs, hitting a low of almost 2-1/ 2 years. This has endorsed buyers to preserve conducting hobby charge bring trades. London-primarily based totally ING cited that no matter expectancies of multiplied volatility on the begin of the year, sturdy US information maintained the enchantment of bring trades for the time being.
Despite current hobby charge modifications through the Swiss National Bank and the Bank of Japan, marketplace volatility stays subdued, as indicated through low three-month dollar/yen implied volatility .
However, analysts warn that it might not take lengthy for markets to disrupt and bring trade, with ability triggers together with important financial institution policy, monetary information monetary occasions, geopolitical occasions and elections, mainly withinside the US this year. Petersen emphasised that the brink for multiplied volatility is pretty low, suggesting that the present day balance withinside the forex marketplace can be very delicate.
Whats EURUSD Next Target?📣Hello Mates!
Yesterday, we observed significant growth in the market, with the euro climbing to 1.08650. Following that peak, the market began to decline and has been steadily falling since then.
We believe that the downward trend will continue, potentially reaching our targets of 1.08000 or 1.07765.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 1.08380
- 1.08900
📉 And our support levels are set at:
- 1.08200
- 1.07650
Stay tuned for further updates and trade smartly! 📊
EURUSD Technical Analysis and Trade IdeaThe EURUSD exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key support zone, the pair appears overextended. The accompanying video explores a potential selling opportunity on a 50-61.8% Fibonacci retracement. Please note: this analysis is for educational purposes and does not constitute financial advice.
March 24' Rejection of 1.09485 --EurUsd-- Fundamental Outlook🎬Since the March 8th touch into 1.09485 Weekly level, we have depreciated 146 Pips on Eur/Usd. In Today's analysis we break down the most important News events of March 24'. These include NFP, CPI, and Interest rates. All of these news events have played a significant role in the downside movement we can observe on EurUsd across the past 2-3 weeks. Leave a rocket and share for more similar analysis in the future. Safe Trading
💡 EURUSD: Forecast March 27EURUSD yesterday rose to the resistance zone around 1.0855 and formed a selling pressure zone for us. You can enter a sell order with the bearish candle marked with a red arrow as shown in the chart.
Currently, the market is turning bearish. If you look at the low time frame, you can see this downward trend much more clearly. Our current trading strategy is selling. and the nearest resistance area is the supply area and is struggling around the previous peak at the price level of 1.0840. If the price can return to this resistance area, you can find a signal to sell.
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: 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.
EUR/USD Shorts from 1.09000 back downMy bias aligns closely with GU this week, focusing on selling from a comparable supply level evident on both charts. On EU, this manifests as the 4hr level around 1.09000, where I intend to sell. I'll await the current price to pull back into these zones to address the imbalance and form a redistribution pattern.
Similarly to GU, there's a minor 4hr supply below that I anticipate will fail due to the presence of the Asian high above it. Once this fails and reaches the major supply, I'll be more inclined to sell from there as it offers a premium price.
Confluences for EU Sells are as follows:
- Price broke structure the downside and left a clean 4hr supply zone.
- Imbalances that needs to b filled before tapping into the supply.
- Lots of liquidity below in the form of asian lows.
- Price is overall bearish on the higher time frame.
- I can see the dollar to rising more to the upside.
P.S. I observe the current price reacting to the existing demand. If this reaction fails, price might respond bullishly to the demand just below, potentially initiating an upward move towards the supply levels above.
Have a great trading week guys!
EURUSD BIG SELL (411 PIPS) READ THE DISCRIPTIONThe analysis for EUR/USD (Euro paired with US Dollar) suggests a major sell zone, indicating a strong bearish sentiment in the market. The currency pair has broken below the previous historical support level, signaling a significant shift in market dynamics. The main area of newly fresh resistance is identified between 1.08430 to 1.08700, indicating a level where selling pressure has emerged and may continue to hold back further price advances.
To further reinforce the bearish outlook, data from big players and investors is considered. In the last month, a total of 531,000 short positions were recorded, while in the last two weeks, an additional 254,000 short positions were added. Furthermore, in the past two days alone, 15,000 new short positions were initiated. This data suggests a notable increase in short positions, with the percentage of shorts rising from 12% to 20% in the last month. Such a substantial increase in short positions indicates a strong bearish trend, especially considering it broke all previous monthly support levels.
The trading strategy incorporates setting two target prices to capture potential profits. The first target price is set to secure gains if the market follows through with a downward movement. If the market reaches this target and continues to decline, traders aim to close the trade for profit. However, if the market rebounds after reaching the first target, the second target price should be used to exit the trade to mitigate potential losses.
The expected gain from this trade is 411 pips, representing a 3.4% profit potential. This indicates a significant downward movement in EUR/USD, and traders aim to capitalize on this potential while managing risk effectively.
In summary, the analysis points towards a strong bearish sentiment in EUR/USD, with a major sell zone identified. By considering big player and investor data, setting clear target prices, and managing risk, traders aim to seize the opportunity presented by the bearish trend in the currency pair.
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.
Trading with the Risk-Off Sentiment 🐻📉 Hello Traders! Welcome back to another Top-Down Analysis of EurUsd. I've found that only trading 1 Pair/Instrument is a great way to reduce your risk exposure in the markets. There are a few reasons for this --- 1) I only have to pay attention to the news announcments for the -EUR & -USD 2) The currency pair has it's own nuances and characteristics that I may not understand If i were to trade many pairs.
3) It's session-session behavior is easier to follow since I'm only following 1 pair
With that said, Eur/Usd did decrease over the previous session as I anticipated and called out in the Analysis. This was for a few reasons.. Market sentiment has shifted to risk-off slightly due to increasing inflation and better than expected NFP jobs data (also boosts inflation). We also have interest rates in 2 days and there is uncertainty about that.. (even more of a reason to buy the safe haven dollar)
Next target for shorts is 1.08510.. In the meantime it is possible that we may pullback to 1.089 Daily resistance level that was created today for a last minute retest before more downside to come. I have a strong Bearsh bias leading up to interest rates here
0'0 intro and monthly timeframe
1:41 weekly timeframe
3:02 daily timeframe
517 4hr tiemfame
8:01 1hr timeframe