EURUSD: entry Sell!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 ❤️
Despite expectations of a decrease in inflation, its unexpected rise is a setback rather than a sign of a renewed acceleration in inflation. Our forecast still predicts a primarily decreasing trend in inflation, but it will take years to reach the Fed's target of 2%. This means that the US will have higher rates compared to other regions, even if the eurozone experiences higher inflation (anticipated at 8.2% this week) due to the ECB's more cautious approach and its lower terminal rate compared to the Fed's. This historical trend also indicates that the dollar will remain strong for an extended period, possibly throughout the year.
Note: Note: Full TP, SL for winning the market and safe trading!
Eurusdtrend
EURUSD: Next week!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 ❤️
Russia is going to get rid of the Euros in their wealth fund
Note: Note: Full TP, SL for winning the market and safe trading!
EURUSD: Europe is in a great stress!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 ❤️
Europe is currently experiencing its largest energy crisis in recent history, with the duration of the crisis remaining uncertain. The situation is expected to be challenging for Europe for a minimum of two to four years, unless there is a significant alteration in the circumstances leading to the crisis. The primary cause of the crisis is Russia's war against Ukraine, which is impacting the European economy in various ways, including increased prices for energy and food, as well as geopolitical instability. This instability could result in third-party efforts to alter EU borders.
Note: Note: Full TP, SL for winning the market and safe trading!
20 Reason for sell EURUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: bullish trend also filled corrective wave
2:📆Monthly: after a valid low price goes to a corrective back
formaatting a builduo here in favor of bulls
3:📅Weekly: choch done also make support with proper lower high low
😇7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure indicates a bullish trend; however, it was unable to break the last high, which suggests weakness. Additionally, there was a correction at the last Overbought (OB) point.
2 Pattern Candle Chart: The chart shows a double top pattern and an inside candle pattern breakout.
3 Volume: Bullish momentum was backed by massive volume, but a correction is expected.
4 Momentum UNCONVENTIONAL Rsi: The resistance at 60 suggests a range shift from bullish to sideways.
5 Volatility Measure Bollinger Bands: The BB shows a double top pattern.
6 Strength ADX: The strength is unclear.
7 Sentiment ROC: This week, the USD is stronger than the JPY.
✔️ Entry Time Frame: H1
Entry TF Structure: The entry TF structure indicates a bearish trend.
Entry Move: The move is impulsive.
Support Resistance Base: Mid-move resistance.
FIB: The trigger event has been executed.
☑️ Final Comments: Initiate a sell at the opening high.
💡Decision: Sell.
🚀Entry: 1.0898.
✋Stop Loss: 1.094.
🎯Take Profit: 1.0788.
😊Risk-to-Reward Ratio: 1:3.
🕛 Expected Duration: 1 day,
EURUSD - Expect bearish price action ✅ Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here I expect bearish price action as we can see that price took all buy stop liquidity. Also, we can see a huge divergence which indicates bearish price action.
Fundamental analysis: As per last week results on NFP & Unemployment we can see a strength of USD which can support our move.Also, we have news events on USD on Wednesday 12th of April, will be released monthly and yearly CPI followed by a FOMC Meeting the same day. As well, on Thursday will be released monthly PPI in USA.
Like, comment and subscribe to be in touch with my content!
EURUSD- A great area to SELL EURUSD has reached 'premium' price area where we expect price to reverse and drop significantly; NFP data is crucial for EURUSD price momentum and also a decider for DXY next move.
entry Criteria.
-Price approach at the area which is label as' entry zone'
-Stop loss should be a bit above invalidation level.
-Take profit as described.
EURUSD: Further ECB tightening - BUYGreetings 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 ❤️
It is anticipated that the ECB will increase its Deposit Rate by 25 basis points in May and then again in June, resulting in a peak rate of 3.50% for this cycle. Despite the current market pricing indicating a maximum policy rate of approximately 3.09%, we believe that this is too low based on our expectations for a more aggressive ECB policy outlook. This prediction is a significant element in our projection for the Euro to exhibit medium-term resilience against the USD.
Note: Note: Full TP, SL for winning the market and safe trading!
EURUSD BuyThe EUR/USD pair has sensed support after dropping to near the round-level support of 1.0900 in the early Asian session. The major currency pair has attempted a recovery after falling to near 1.0900 as the tight United States labor market has cooled down further after US Employment data released by Automatic Data Processing (ADP) missed estimates.
As per the released data, the US economy added 145K jobs in March, significantly lower than the estimates of 200K and the former release of 242K. Firms have slowed down their hiring process amid rising interest rates by the Federal Reserve (Fed) and a bleak economic outlook. A slowdown in the recruitment process after the release of weak Job Openings data indicates that the US labor market has started cooling off and chances are solid of an escalation in the Unemployment Rate ahead.
EURUSD long term trend is still bullish. However, currently on the h1 chart, the price is in a correction. Today, it is possible that this pair will continue to return to the 1.0880 area and then reverse to increase again. Recommended to wait to buy to 1.0880, SL: 1.0840, TP: 1.0960
EURUSD Swing Bullish Breakout!EUR-USD broke the key
Horizontal resistance level
Of 1.09147 and the breakout
Is confirmed even on the 2 H
Because the 2H candle closed
Above the level which
Is now a support, which
Combined with the
Long-term uptrend and
The bullish rebound from
The new support after the
Retest makes me bullish
And the next move is expected
To be in the upward direction
Towards the 1.10293 target
EURUSD BuyThe EURUSD pair shows new positive trades to surpass 1.0900 barrier and settles above it, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting for more rise to head towards our next target at 1.1032.
The EMA50 continues to support the suggested bullish wave, waiting to get positive momentum that assists to push the price to head towards the expected target, to continue suggesting the bullish trend in the upcoming sessions unless breaking 1.0880 and holding below it.
EURUSD h1 price is in an uptrend. In the short term, it is possible that the pair will accumulate sideways in the 1.0930-1.0970 zone and then break up. Recommend waiting to buy to 1.0930, SL: 1.0880, TP: 1.1000
4/4 EURUSD Trading Strategy
From the 1D chart of EURUSD, we can see a pattern resembling a U-shaped bottom, with three bottoms around 1.05. Currently, it has reached the phase resistance level, but the pattern is not yet complete. The strong resistance level should be around 1.098-1.1.
It is not difficult to see from the 30m chart that there is support around 1.091-1.088, and 1.086 is a strong support level. Therefore, the trading strategy should be to long at the tested support level.
EURUSD BuyOn the chart, the MACD and RSI signal lines are both sloping up. Notably, the RSI has not yet entered the overbought zone. Another factor supporting the uptrend is the fact that the price has broken through the confluence between the 21- and 50-day MA (currently around 1.0725 - 1.0730).
Therefore, EUR/USD is fully capable of breaking through the 1.0930 mark as well as the key resistance levels formed since the end of January. The year-to-date high at 1.1033 will be the next hurdle before the price can approach the 61.8% Fibonacci level of the November 2022 - March 2023 price trend (currently around 1.1190)
Meanwhile, if the price falls below the aforementioned 1.0725 - 1.0730 confluence area, the downside momentum cannot be confirmed, especially as the uptrend line (currently located around 1.0630) is acting as a support level. for buying power. In the event that EUR/USD breaks below 1.0630, prices are likely to head towards the March low at 1.0548.
EURUSD long term trend is still bullish. Currently on the h1 chart, the price is at an important resistance area, so today it is possible that the pair will have a deep correction before continuing to move up. Recommended to wait to buy when the price returns to 1.0830, SL: 1.0780, TP: 1.0950
EURUSD - Still bullish ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: I am still bullish here as I see price to take buy stop liquidity and to fill the imbalance higher before the drop down. For shorts I will look only if price change the character.
Fundamental analysis: We have news events on USD on Friday 7th of April, one of the most important news related to USD, which are NFP and Unemployment rate. Pay attention to the results of these news as they will indicate the direction for this month.
Like, comment and subscribe to be in touch with my content!
EURUSD: The bears will approach the support zone!The currency pair EUR/USD experienced a drop to a fresh low of 1.0790 during the day, after reversing from a significant short-term obstacle. The downtrend is further supported by the breaking of a two-week support line, which is now a resistance level, and the calming uptrend of the MACD line. Additionally, the RSI line (14) has fallen to level 50, indicating the continuation of the downtrend. No information has been omitted from the original text.
Therefore, the EUR/USD quotes are set to test the confluence of the 1.0730 support level consisting of the DMA 50 and DMA 21 lines as traders start the important week.
Overall, EUR/USD is likely to fall further but the retracement range below 1.0730 appears to be limited.
Anticipate High Volatility This Week with EURUSD pairThe EURUSD currency pair is showing a lack of momentum to the upside, with the possibility of a pullback to gauge potential uptrend continuation.
Price rejection at the supply zone of 1.09114 and price closing below 1.08424 suggest trading back to the first demand zones.
A double-top reversal pattern is also forming on the 4-hour chart, with price trading near the 200-SMA on the 1-hour chart.
The coming week may not result in high volatility but expected high-impact news may cause the US dollar to be volatile.
Update: Wave 4 is not yet complete in EURUSD 4hrWave A got completed below 1.08020 and after that it formed clear wave A down and wave B up of the Wave B (ABC) three leg move.
Now it looks like its wave C down move which is expected of having 5 wave down and can come down to the Equality of wave A
EURUSD Short
Entry : 1.08921
SL : 1.093
Target : 1.07096
EURUSD: Upward pressure continues!On Thursday, the EUR/USD pair is steadily progressing and is close to reaching the 1.0900 level before Wall Street opens. Investors remain optimistic as news related to banking has reduced and the aggressive monetary tightening case has weakened. According to recent news, Federal Reserve Chair Jerome Powell revealed the central bank's expectation of one more rate hike during a private meeting with US lawmakers, but this was before the banking crisis and had little effect on financial markets.
Inflation data from the Eurozone added to the positive sentiment as it indicated a further decline. The initial report on the Harmonized Index of Consumer Prices showed a 3.1% YoY increase in Spain for March, compared to a 6% increase in February. In the same period, the German HICP rose 7.8% YoY, down from 9.3%. Meanwhile, the final revision of the Q4 Gross Domestic Product in the United States remained at 2.6%, slightly lower than the previous estimate of 2.7%. Initial Jobless Claims for the week ending March 24 were 198K, which was below market expectations. Later in the day, attention will turn to the speeches of several Fed speakers and Treasury Secretary Janet Yellen.
The EUR/USD pair is trading close to its highest point of the day, and the daily chart indicates that it is consistently achieving higher highs and higher lows. It has surpassed bullish moving averages, and the Momentum indicator in the same timeframe is consolidating at positive levels. The Relative Strength Index (RSI) indicator is also showing a strong bullish trend at around 62. Based on the 4-hour chart, technical indicators are almost vertical and reaching overbought levels, suggesting a potential for upward extension. The 20 SMA is providing intraday support at 1.0830 and is widening the gap with the bullish 100 and 200 SMAs, which are over 100 pips lower than the former.
Support levels: 1.0875 1.0830 1.0790
Resistance levels: 1.0910 1.0950 1.1000