Eurostat analysis The euro was rejected from the daily support area, and considering that it is close to the weekly support, I expect it to move from this daily area to its own resistance area, which is 1.094.
The European political landscape has just thrown a curveball at the financial markets. A recent poll indicating a rise in populist and eurosceptic parties has sent shockwaves through the system, triggering a significant drop in the euro. This newfound uncertainty presents both risks and opportunities for traders, demanding a strategic shift in approach. The poll...
Typically speaking i am buy baised on EURUSD but its in sell trend as it has broken daily trendline with a high volume sell candle which has left a fair value Gap which is to be filled so the pair shall have to fill the gap and then go for a sell so we are waiting for pair to its direction a simple scalp trade is buy trade
these scenarios I expect with confirmation but I would like it to go down first and look for purchases since the structure is bullish
EURUSD - May 31, 2024 Today EURUSD stays in a downtrend, yesterday`s restoration turned into short-lived and the pair remains on course to attain 1.0800 once more withinside the early buying and selling hours of the month. weekend session. Accordingly, the outlook remains favorable for dealers while EURUSD remains beneath many vital resistance stages and...
The main difference between this post and previous analysis is that we've got some reaction from daily supply chain, and from here, we might see further bearish development ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical...
Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Look at H1 - Currently, the price continues to complete wave c during the abc correction - As in the previous measurement, we forecast two potential price ranges to end wave c: area 1.0822 and area 1.0787. - Looking at the price...
Week 3 - Monday Morning Analises on EUR/USD This is not financial advice
Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Based on the Elliot wave principle, we analyze the H1 chart - We see that the small 5-wave structure has completed on the H1 frame, after which the price entered the corrective wave abc. - Looking at the corrective wave structure,...
This week am expecting EURUSD to sell. Look for sell opportunities.follow u
Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Last week we saw the US CPI increase beyond expectations plus the number of applications for unemployment benefits decreased even though the labor market decreased. This shows that people are gradually adapting to the economic...
Hello, traders here is a setup of EURUSD on a daily timeframe as you can see the market is bullish and has broken the trend line so as things stand right now I will be waiting for the market to break the resistance zone (the first green zone) and come back to retest it then I will look for bullish trades. If the Market decides to go down I will be prepared for it...
EURUSD bearish setup.look for sell opportunities only. Follow us for more forex signals
EURUSD: The EUR nowadays did now no longer decline however as a substitute is shifting up close to the 1.0740 resistance region. This is because of the weakening of the USD. Currently, due to the fact DXY is damaged and is possibly to maintain to weaken, nowadays`s model ace can pay interest to NONFARM. It is anticipated that EURUSD will possibly retest across the...
Hello everyone. Today, EURUSD remains stable with little change compared to yesterday. This stability is widely agreed upon and may continue until the end of the day and beyond, with the Bollinger Band indicator showing movement ranging from resistance at 1.089 to support at 1.090. At the time of writing, the price is at 1.090, down 0.03% for the day, as...
In the dynamic landscape of global finance, the Euro stands as a cornerstone of economic integration and stability. As a seasoned financial analyst, I am compelled to unravel the intricate dynamics surrounding this resilient currency, exploring its significance and implications within the ever-evolving world of finance. The Euro, introduced in 1999, has since...
In the realm of global finance, the EUR remains a focal point of analysis and speculation. Recent movements in currency markets have drawn attention to the EUR's performance, prompting investors and analysts to closely monitor its fluctuations. From economic data releases to geopolitical developments, various factors contribute to shaping the EUR's trajectory...
The analysis on EUR/USD reveals strong bearish pressure, pushing the cross to its lowest level since mid-February, dipping below the 1.0751 mark. The daily chart shows EUR/USD confined within a 20-pip range below the 1.0804 level, corresponding to the 61.8% Fibonacci retracement of the previous rally from 1.0695 to 1.0982. On the 4-hour chart, the 20-period SMA is...