EURUSD with WillsonnnnEUR/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.
Eurusdupdate
EURUSD Longs from 1.06400 to 1.07400 (possibly higher)This week's analysis for the EURUSD is similar to GU however it has some slight differences (at the end of the day they are different pairs with different characteristics.) In terms of current price I see the market consolidating just before the CPI event before making its decision.
So I would wait for price to either sweep liquidity below and tap in the (18hr) demand or, sweep the liquidity above and mitigate the (8hr) supply. But as we can use the dollar as a confluence I would be expecting it to rise a little then drop, so for the EURUSD I'm expecting it to tap in the demand first to buy back up to the supply zone above.
Confluences for EURUSD Longs are as follows:
- Price has formed higher highs and higher lows which is the clean structure of an uptrend.
- Price has left a clean unmitigated demand zone on the 18hr that I can buy from.
- Price has slowed down momentum and is ranging which is building liquidity for my potential buys this week.
- The dollar index also matches up with the bias as the DXY is expected to rise a little more, to then continue another bearish move to the downside.
- Demand zone has also broken structure to the upside and price has filled in the imbalances from the previous weeks.
P.S. I am more leading towards longs similar to GU so won't be surprised if it doesn't go as low as the demand zone marked, but keeps rising in order to mitigate the supply and sweep that liquidity below it. So for me, I would ideally wait and see as I don't see an imminent trading opportunity for Monday hence, why I would wait after CPI Tuesday to give me a better understanding of what direction this market wants to go in.
EURUSD ANALYSIS AS PER WAVE THEORY AND DEMAND SUPPLY
We have a Wave 1 complete and Wave 2 is in formation as it's a retracement in Lower Degree.
6 Months Source Supply to Annual Destination Demand is the start and end points of the downtrend.
Monthly Supply to short till the Annual Demand.
ENJOY THE RIDE ! ! !
EURUSDDespite the usual year-end cooling, the dollar's strength, underpinned by US macro performance and a hawkish stance from the Federal Reserve, is expected to continue. The dollar remains unaffected by the Treasury sell-off and rising long-term yield curve. High US interest rates and a disorganized rise in US yields are seen as factors that could further strengthen the dollar.
Factors that could lead to a weaker dollar include weaker US macro data, a slowing US economy or a recession in the euro zone. However, these potential weaknesses are not expected to result from a reassessment of China's or Europe's growth outlook. High US interest rates are likely to disrupt the financial sector, which will initially boost the dollar due to tighter dollar funding conditions.
Long Position traders looks happy! EURUSD {08/11/2023}Educational Analysis says EURUSD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker FXCM.
Bull/Long Traders look positive on the long position of this pair, The Last lower high has been respected, Which means the market is in bullish trades for this pair.
EURUSD fair value gaps are unfilled in a 4-hour time frame.
The last Analysis is jointly connected in this updated one.
So, trade is already on with RR is 1: 50.44
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
EURUSD Technical Analysis And Trade IdeaIn this video, we provide a comprehensive analysis of the EURUSD currency pair, with a particular focus on the current bearish sentiment in higher timeframes. Throughout this presentation, we explore fundamental aspects of technical analysis, covering elements such as the ongoing trend, price movement dynamics, market structure, and other essential components of technical analysis. As we progress in the video, we closely examine a potential trading opportunity.
It's essential to highlight that the information presented in this content is purely for educational purposes and should not be construed as financial advice. Engaging in foreign exchange market trading involves a significant level of risk. Therefore, it's vital to thoughtfully incorporate risk management strategies into your trading plan.
A down wave before a rise? Or now the bull market !! 4H ChartGreetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
Expanded Flat Is Done ?????Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
EURUSD Trades Looking For Long, But Daily is Down.{25/10/2023}Educational Analysis says EURUSD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker OANDA.
After a downtrend on the daily timeframe, A 4-hour time frame looks promising up to the recent lower high,
Long setup after eating stop loss from Short Sellers,
Because EU fair value gaps are unfilled in a 4-hour time frame.
The last Analysis is jointly connected in this updated one.
So, trade is already on with RR is 1: 4.45
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
EURUSD 24/10 MovePair : EURUSD ( Euro / U.S Dollar )
Description :
Completed the Breakout of the Upper Trend Line of the Corrective Pattern " Bearish Channel " in LTF. It has Rejected the LL - LH Trend and started making HL - HH. It has Completed " abc " Corrective Wave and Break of Structure with Retracement
Entry Precautions :
Wait until it Completes the Retracement and Rejection
EURUSD: Core Retail Sales and risksThe EUR/USD firmly in the green for Tuesday after US Retail Sales beat market expectations and saw upside revision to previous figures, sending investor risk appetite into the ceiling and sending the US Dollar (USD) broadly lower, bolstering the Euro (EUR) and taking the EUR/USD up from the day's early low of 1.0532 and sending it within inches of the 1.0600 major handle.
Headline US Retail Sales figures for September broadly beat median market forecasts of 0.3%, printing at 0.7% and seeing an upwards revision in the previous month's reading from 0.6% to 0.8%.
1.054 Weekly Level ⛏️ EurUsd EU may once again bounce off our 1.054 weekly level and increase 50-100 pips. We have a large range to fill to the left hand side up to 1.062 Daily level. This is take profit 1 for Eu Longs. Take profit 2 would be 1.064.
For Sell Scenario we are looking at a bearish weekly target 1 is 1.05 and the second Take profit area is 1.047 Daily level.
EURUSD and GBPUSD Top-down analysis 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 retraces 📎 / CPI Data as catalystEurusd retraced 100 Pips today with Infaltion data as the catalyst for a continuation of higher timeframe momentum.
How Surprised can we be of a move to the downside with the Weekly/Monthly timeframes doing just that for the last 3 months.
The news release was stronger than what was expected for the USD. Inflation is increasing at a faster rate than expected. Let's buy the USD as a safe haven given these uncertain and troubled times..
Technicals : Large Bearish candle just printed on the Daily timeframe. The next Daily candle will likely have a bottom wick and is why it is still reasonable to look for a continuation play. That said, with the anticipated London session volume, we may expect a pullback to 1.054 weekly level or 1.056 before observng more bearish movement on Eurusd
EURUSD Top-down analysis 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.
EURUSDEURUSD:
DXY is likely to remain volatile due to NFP and other factors such as fear of recession is extremely high among investors. This is where USD remain almost bullish and in these kind of situations price tends to remain bearish on EURUSD.
We are waiting for price to come to our area of entry, where we can enter with 70-80 PIPS stop loss. The 'Target Profit' will remain same as it is described in the chart!!
EURUSD BUYHi, According to my analysis of EURUSD pair, there is a good opportunity to buy as the pair exits the pitchfork. We also notice the break of support and resistance at the level of 1.06100. All of these factors confirm the control of buyers. For further rise towards the level of 1.07550. good luck for everbody
EURUSD 06/10 MovePair : EURUSD ( Euro / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame if it Breaks the Upper Trend Line then it will Reach Daily Demand Zone or Daily Descending Trendline and If it Breaks Daily Trendline then Long after Break of Structure with Divergence
EurUsd Strong as ever after botched ADP data ⚖️Solid Daily candle closure after not great ADP data.
0:0 Monthly timeframe
3:05 weekly timeframe
4:50 Daily timeframe
8:16 4hr timeframe
11:45 1hr timeframe
Not surprised.. Also not surprised to asian session move back to the highs from NY session earlier today. These are signs of bullish strength for EurUsd. We just recieved a solid 4hr candle lose with Asian session. Market structure filled to bullish with NY along with the Daily closure. We still have NFP data but it's in 32 hours. We may observe an increase prior to NFP and that's what I'm looking for on EU.
Few key level's we have here
1.0575 Daily level
1.0543 weekly level
1.0527 4hr level
1.05023 4hr level
1.0491 1hr level
1.04608 Daily level
EURUSD MID-WEEK ANALYSIS-24/09/2023EUR/USD: Seizing Bullish Opportunities Amid Market Shift
A noticeable shift in market behaviour on EUR/USD, especially on the lower timeframes, has prompted me to shift my focus towards potential buy opportunities. Join me as we explore the emerging bullish outlook for EUR/USD and adapt our trading strategies to these evolving market conditions. Stay tuned for further insights and updates! 📈🌐 #EURUSDTrading #BullishOpportunities #MarketShift