My pattern in Eur/Usd for next #5 months, The euro faces the Federal Reserve interest rate decision later today. EUR/USD reversed its direction and closed in negative territory below 1.0600 on Tuesday after rising to a fresh weekly high above 1.0670. The Federal Reserve's (Fed) policy announcements later in the day could trigger the next big action in the pair.
It is time for the euro to return to its real prices, and we have just entered into this trade for a long time, and I guess it will reach the target in the next 15, 20 days.
This publication is for Euro against U.S. dollar, and quick and simple as well as all other publications by @Pandorra 2023 is about the end, so let's take a look on technical perspectives for FX:EURUSD . The main graph is EURUSD semi-annual 6-month chart (yes, they also exist on TradingView, as well as quarterly 3-month charts and annual 12-month...
Euro will not put its foot on brakes, it has a long way to go. wait for the market to come to the demand zone. Go Long from the area mentioned. Track your SL accordingly. NO TP for this trade. Happy Trading
Hi friends 👋. A long time not writing about EURUSD pair and about Forex at all. So there's a situation when we have advantage of bulls waiting for closing - sell their positions. 📉 To be more correctly 60K contracts waiting for sell. Downward we have some support levels but my opinion price can going down to 1.0575. Follow me.
Technical Analysis and Outlook: This week's trading saw the Eurodollar drawn to the Mean Res of 1.062, its main attraction. The intermediate price action may cause a pullback to Mean Sup 1.053 before resuming rebounding to Inner Currency Rally 1.070 with the completion of the pullback to follow.
Hello trader! A good setup has formed. There's a chance that before we hit yesterday's liquidity from below, we'll go up and take off two fairly high liquidities. Don't forget to set the stop-loss below the order block. 🚀Please support my efforts with the "Boost" button. ❤️And a comment is the best thing you can do for me now!
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.
USD strength to continue as safe haven & relative performence provide strength against weak macro & energy dependency of euro zone.
As you may be aware, the euro has been facing considerable pressure against the US dollar, and there is a growing possibility that it may soon reach parity or even dip below it. Given the caution warranted in volatile markets, this idea aims to present a valuable opportunity for traders who are willing to navigate the risks involved. If you have been following...
Eurusd 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....
after the core inflation news today and Dollar strength, after such a big downwards move going to wait for a pull back.
Hi, Trader! After clearing the upper liquidity, there's a good chance we might move down towards the three closest liquidity pools.
🏃EURUSD is moving in the 🟢Support zone🟢, and Regular Divergence(RD+) is seen between two consecutive valleys. 🌊In terms of Elliott waves , EURUSD seems to have completed the Zigzag correction(ABC/5-3-5 ). 🔔I expect EURUSD to rise to at least the Downtrend line after breaking the Resistance line . Euro/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame...
According to the latest currency news headlines, short-term sentiment towards the Euro appears slightly downbeat against the US Dollar. While both economies face inflationary headwinds, recent data surprises have painted a relatively weaker picture for the Eurozone bloc. German industrial orders came in lower than forecast in the latest monthly...
Technical Analysis and Outlook: The Eurodollar has tested the Outer Currency Dip of 1.050 multiple times. It has risen during this week's trading session, as our EUR/USD Daily Chart Analysis for the Week of September 29 indicated: For the upcoming week, the up target is Mean Res 1.062, and on the downside the Mean Sup 1.050 and completed Outer Currency Dip of 1.050.
Check my previous 2nd idea 💡. It's all going well. Happy weekend.. see you next week.
Hey there! As you can see, in the 4-hour timeframe, after a decline, the price has shown a positive response from the $1.044 range, and it's currently trading around the $1.053 range. Based on the candlestick patterns, my expectation is that the price may continue to move positively toward the resistance levels at $1.056 / $1.058 with some positive fluctuations....