Fundamentals
EUR - renewed energy crisis worries
USD - Positive economic data releases which impacts future rate hikes
Technicals:
EURUSD - Daily rejected 1.025 with a bearish engulfing on an overall downtrend structure
DXY - Rejected 105.5 with a bullish engulfing, expecting USD to get stronger in the next few days.
Hello traders!
⁉️This is my analysis on EURUSD .
Here we are could see a rejection from support zone + mid figure 1.01500. I expect price to fill that huge imbalance above.
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A 2H trading range marked out as price creates and effective mitigation of a demand zone, Choch already in line to play out as M15 looks sharp in the bulls favor. Order blocks marked out but still susceptible to liquidity grab but bias is confirmed with a break of 1.01935
EURUSD is still in consolidation.
We expect further consolidation until we see a clear trend indication.
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EURUSD
Intraday - We look to Sell at 1.0245 (stop at 1.0298)
Following yesterday's bearish candle, the overall trend lower looks set to continue today. A firmer opening is expected to challenge bearish resolve. Resistance is located at 1.0250 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets will be 1.0100 and...
It can be wave 5 of 5, but we should trade step by step. the price is in the middle of correction small channel and after breakdown we can open sell position from bottom line to previous bottom.
As I expected and said multiple times, EurUsd reached parity and after the short-lived dip under in mid-July, the pair has started to reverse.
However, this rise is corrective in nature and now the pair is facing a strong confluence resistance given by the downwards channel's resistance and the horizontal one.
I remain very bearish on this pair and still expect a...
Time Frame: 4H
Symbol: EURUSD
Entry: 1.02509
TP: 1.01187
SL: 1.03390
Bias: Short
The current price pattern for this pair is bearish and the overall sentiment is also bearish so we can expect a sell position.
EURUSD alert has presented.
Reversal trade identified and entered.
This is a long trade.
Working 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Fancy knowing how I identified this trade you know what to do.
Thanks for looking
Darren🙌
As the US yields slide, the Euro appears to be insinuating a bullish drive as there the Greenback stalled in growth during last week's trading session. In this video, I have illustrated my trading plan for the EURUSD against the new week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
EURUSD made a false break of the resistance level at 1.02700.
Since the market is moving in the ascending channel, it might retest the lower border of the channel.
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2 scenarios for the EURUSD.
1st scenario, with a 60% probability, decline to the channel support line in the price range of 1.01930.
Entry around 1.01930, with the first target of 1.02450 and the 2nd target of 1.02785.
In the 2nd scenario, upward movement with high acceleration,
The first target is 1.02785 and the second target is monthly resistance at 1.03850
Goodluck
According to the previous day's forecast, the second scenario begins.
My suggestion to enter the trade is after the Pull-back at the entry point.
Dear friends:
Please write your suggestions and comments.
I'll be glad If you write any forex currencies pair, cryptocurrency and stocks in the comments for analysis so that I can publish that ;)
Time Frame: 4H
Symbol: EURUSD
Bias: Neutral
We do not have any short or long bias for this pair. We need to watch over the price story of this instrument.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to...
Here is my view for EURUSD on D1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
