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Eurusdtrend

EURUSD: Influence from USDUSD: Ugly inflation promises further flight to safety! The Federal Reserve is concerned with increasing prices, which are not decreasing at all. The highest level of inflation is not even visible yet, and it is expected to be in the future. This confirms that the bank will increase interest rates by 75 basis points for the fourth consecutive time in its November meeting, with a range of 3.75-5%. Additionally, it indicates that the peak rate will be 4.8% by March, which is higher than the bank's previous projections. The anticipation of higher interest rates is causing stress in the global financial system, prompting investors to seek refuge in the US dollar.
Short
by Sphyn-Trader
EURUSD 22 Apr 23Simple Technical . Simple Fundamental . Simple Set up . . . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅
by MLGONION
EURUSD set for a drop!Currency Pair : EURUSD Possible direction : Bearish Technical Analysis : Price has just grabbed liquidity again on the 4h and started to drop after few days of consolidation. Weekly and monthly price is overextended to the upside may come down for a pullback. as the price still did not test the daily 20EMA, highly likely price will continue to drop as there is an imbalance toward the downside to daily support zone Possible trade recommendation : Bearish as per chart sketch Fundamental : Multiple high impact may put pressure on EUR 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.
Short
by ForexWizard01
EURUSD - Bullish Trend - 1 Hour Time FrameBased on the current price chart, it appears that the market is forming a bullish trend, as evidenced by the presence of higher highs (HHs) and higher lows (HLs). Additionally, there is currently no divergence showing on the Relative Strength Index (RSI). As a result of this analysis, we will take a long trade with a 1:1 risk/reward ratio. Our entry point will be at a buy stop of 1.09841, while our stop loss will be at 1.09187. We will use a lot size of 0.13 and aim to take profit at two levels: 1.10472 and 1.11118. Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Long
by mansooryousafzai
EURUSD: The influence of USD!Hi trader, you look great today! The recent rise in CPI indicates that the Federal Reserve is unlikely to make any significant changes in their policies this year. While there are signs of fatigue among those who hold USD long positions, the prevailing trend is still towards a stronger dollar. Unfortunately, global growth is not synchronized at the moment, which would typically lead to a weaker dollar. Other factors that could weaken the dollar, such as China's move away from a zero-covid policy or the resolution of European energy concerns, are not expected to have an impact anytime soon. The possibility of a Fed pivot is also a distant prospect. Hot CPI means the Fed pivot is well beyond the horizon
Short
by Sphyn-Trader
EURUSD: Energy emergency program!Hello trader, do you think? During the ECB Watchers conference, ECB President Lagarde reiterated last week's decision, with a greater emphasis on the hawkish elements than the dovish ones. She emphasized the baseline scenario of ending APP in Q3 and interest rate hikes occurring sometime thereafter when discussing normalization. The most important aspect of her remarks is the focus on being "creative" and "designing new instruments" if necessary to address any threat to monetary policy transition and fragmentation. This is a strong indication of the possibility of an energy emergency program similar to PEPP, which could serve as a massive energy backstop. Such a program could counteract the negative effects of higher oil prices and encourage more investment in Europe, ultimately supporting the euro. Energy emergency program could drive more flows to Europe
Long
by Sphyn-Trader
EURUSD: Short term increase!Hello trader, What do you think? According to our projections, there will be a rate hike of 25 basis points in May and another rate hike of 25 basis points in June, resulting in the ECB's Deposit Rate peaking at 3.50% for this cycle. We believe that the current market pricing, which suggests a peak policy rate of approximately 3.09%, is insufficient compared to our expectations. Our optimistic outlook for the Euro's strength against the USD in the medium term is primarily driven by our confident predictions for the ECB policy. Further ECB tightening supporting outlook for medium term strength
Long
by Sphyn-Trader
2
‼️EURUSD SHORT‼️The market conditions for EURUSD are currently lucid and comprehensible. There is a significant volume pressure indicating a downward trend. We anticipate that the price will gather liquidity just above before continuing on a downward trajectory. Our analysis has identified two areas that may serve as strong supply zones. It is prudent to wait for the price to reach these regions before seeking CHoCH (confirmation of change) and any other confirmation signals indicating a new downward trend. Risk management remains paramount in all trading decisions. It is imperative to exercise patience and wait for confirmation before executing any trades. If you have any questions, please do not hesitate to comment below. Wishing you peace, @FxShzd team
Short
by FxShzd
EURUSD: Buyer's entry!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️ In the second quarter, our team predicts a significant decrease in core US inflation, mainly due to the impact of lower natural gas prices and China's economic recovery. This development has led to an upward revision in global growth, which is beneficial for the euro currency. Additionally, a more aggressive stance by the European Central Bank could lead to an increase in yield differentials, resulting in a rise in the EUR/USD exchange rate. Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
EURUSD: Buyer's outlook!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ According to our prediction, there will be a 25 basis point rate increase in May and another 25 basis point rate increase in June. This will result in the ECB's Deposit Rate reaching its highest point at 3.50%. Presently, the market pricing indicates a policy rate peak of approximately 3.09%, which seems insufficient in comparison to our expectations. Our optimistic forecast for the ECB policy is a crucial factor in our expectation of the Euro's medium-term dominance over the USD. Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
EURUSD POTENTIAL SHORT FORMATION IN PROGRESSWe have been looking at this pair since the end of Feb. We have been waiting for the price to form a strong bullish pullback. This is opposite to the overall bigger time frame trend, which remains largely bearish. How the price is currently setup has given us the potential to trade in the direction of the bigger time frame bearish trend which will give us a good risk reward trading opportunity. We have listed two reasons for the potential end of the bullish bull back below: 1: Trendline breakout 2: Rising wedge breakout. We are still waiting for two more reasons below to form before we can start looking for entries. These reasons have been listed below: 1:Break out of the key level which signals a change from bullish to bearish market structure. 2: Retest of key level.
Short
by NDOBObanks