Fundamentals EUR: There are indeed hawkish expectations as ECB officials reiterated the need for further hikes in June-July to tame sticky inflation. However, most if not all leading indicators' latest readings point to a decrease in economic activity. I believe yesterday's spike is the result of pricing in those hawkish expectations, which is overdone. The...
Dear traders EUR/USD has failed to break the 1.0780 resistance level on the 4H Chart. As I mentioned in my previous ideas, breaking this resistance level is crucial for the uptrend to continue. Now, since we have seen a bearish candlestick formation at this key level, price can fall further to 1.07 or 1.0680 in the coming days .
what do you all think? comment down your views let's discuss. Dear Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
I believe EURUSD is reversing as it formed its first higher high within this consolidation range. ADX was not bullish during this move, however structure was broke. I will look to capitalize on any breakout. I have a zone marked at the bottom of the zone as the daily has formed two bullish reversal candlesticks along with volatility at support. Currently price is...
EURUSD JUNE CANDLE OPENING PRICE Here's my view, the opening price of June candle gave confirmation to bulls stepping in. This month candle has high probability of going upwards 'bullish' so therefore we will be looking for more buy entry more than sell setups, this is for month of June. Fundamentally, FED might not have much effects because it's followed by...
FOREXCOM:EURUSD - EUR USD Potential Long Setup in 1 Hr TF in next coming Hr. Price Break this Level - 1.07897 - Enter for Long Trade. Target is 1.08450 Level.
EURUSD showed weakening downward strength, sliding out of its channel. I played the trend, ignored some signals and took a loss playing short - so now we wait for data as clearly there was some confusion. This pair has chance of playing ping-pong between the D50/D200 EMAs until the main event next week, I am leaning towards further downside in the longer run -...
Dear Traders, we have possible sell entry coming up on EURUSD, possible trend change indicate a further dropped.
Hey traders, here is the analysis for the EURUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
Dear traders, after the bearish move for the last 1 month, EURUSD appears to be consolidating. A minor support at 1.0660 has been created and EURUSD is currently consolidating in a small range. However, since price has fallen below the 100-day EMA, bulls need to be a little careful . That being said, 1.0660 appears to be a good point to buy if price doesn't...
EUR/USD has spiked to 1.0780 key level on account of USD weakness across the board. However, in case the key level that I have highlighted in my chart shows any weakness, we can expect EURUSD to fall back to the 1.0710 level.
Here is my analysis for EURUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURUSD is likely to rise quite high. you can go long when there is a correction with a SL limit below the invalid area.
I decided to display how I mark up my charts. I will be trading EURUSD going forward. I intend on leaning closed into naked trading as I don't use many indicators.
Overview of the market On Tuesday, the EUR/USD experienced a slight increase of fewer than 30 pips. However, this was enough to make it the Euro's best day in over a week. The pair's rebound was due to a decline in the US dollar against European currencies and the yen, after hitting two-month lows at 1.0670. In Spain, data indicated a decline of 0.2% in the...
Having shown bullish intent, EU is headed downwards to collect more long orders and close losing shorts before hitting buy-side liquidity at the 1.07800 level. Trading idea only, use your own judgement before risking money.
BUY EURUSD AT 1.07054 WAIT FOR PRICE TO COME OVER THAT ZONE AND LOOK FOR SOME CONFIRMATION (like hammer candle or long wicked candle) or directly place order' Follow partialing tp1
On Friday's EurUsd market commentary, I've written that the 1.0750-1.0760 zone is strong resistance for the pair and a break above could lead to gains towards 1.0850 and to a change of medium-term downtrend. The pair, indeed reversed from that zone, but what should have been a correction is looking more and more that a resumption of the move started in...