So,I mentioned before I am going long on dollar because of many economic indicators suggests long. We got CPI not easing and it is bullish for dxy We got NFP also showing strength of labor market Last FOMC minutes report also says high interest rates might be possible for longer time
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: 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...
Hello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EUR/USD Holds Steady, Awaits US CPI Data The EUR/USD pair maintained a relatively stable stance during the Asian session on Thursday, hovering around the 1.0620-1.0625 region. While the euro saw some buying interest, the pair lacked strong conviction for a robust move. The hesitance in the market can be attributed to the uncertainty surrounding the Federal...
EURUSD New forecast The EUR/USD pair begins today's trading with additional positivity, breaching the 1.0625 resistance and trying to hold above it, providing signs of the start of an upward correction for the entire decline that was measured from 1.1275 to 1.0448, paving the way for achieving positive goals that begin with crossing 1.0655 to rush towards...
EURUSD Hello, The EUR/USD pair begins today's trading with additional positivity, breaching the resistance of the descending channel and trying to hold above it. If the direction stabilized under 1.0619 it will touch 1.0572 then 1.0539 then 1.0504 if the direction reversed above 1.0619 and closed it will touch 1.0658,1.0698 then 1.0738 Pivot Price:...
Consumer expectations for inflation in the Eurozone increased slightly in August, reinforcing the view that it is too early for the European Central Bank to declare victory in the fight against inflation. The monthly survey published by the ECB shows that consumer expectations for inflation in the next 12 months have risen from 3.4% to 3.5%, and expectations for...
Hi, 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
Resistance Level 2: 1.0700 Resistance Level 1: 1.0650 Spot price: 1.0605 Support bit 1: 1.0560 Support bit 2: 1.0500 Yesterday on Tuesday (October 10), the euro rose 0.32% against the US dollar to US$1.06; the US dollar index =USD, which measures the US dollar against six other currencies, fell by about 0.15% to 105.79, which is far lower than the 11-month...
EURUSD New forecast The price perfectly fulfills my last idea and we get about + 45 pip . The EUR/USD pair was able to reach resistance, coinciding with the appearance of clear overbought signals appearing, which may push the price to resume the main downward trend again, but we have chances to overcome the current resistance and then begin an upward...
Hi there; We can say that the first 2 days of the week were quiet as not much data was announced. The only main agenda item was the Middle East. For the rest of the week, we will be meeting the meeting minutes and a few important data from the FED and ECB. We will all watch together how much this data will push the parity higher. Today, I am thinking of taking a...
Entry liquidity/london high van paar dagen terug, gewacht op een reversal op de LTF en hier ingestapt. SL een paar pips boven dit gebied, liquidity is naar mijn idee gepakt hier TP: 1.05708, midrange Asian sessie en ook de gap van bank holiday die gevuld moet worden
Last week, the Euro (EUR) fell below its yearly low 2023 for the first time in several months, and retrace back breaking through the bearish premium discount trend during the NFP news release. This suggests that a retracement may be imminent. As seasonal tendency also align that there is potential retracement in Euro and Dxy I am currently monitoring the...
EURUSD New forecast Trading in the EUR/USD pair stabilizes around the 1.0560 level, waiting for the price to stimulate the resumption of positive trading and test the resistance of the descending channel, which now drops to 1.0616. Therefore, we will continue to favor the upward trend in the immediate term, noting that breaching the mentioned level will...
EURUSD has been moving in this bearish channel. I'm expecting a third touch on the upper trendline before we can expect a bearish continuation, that level also serves as a minor resistance on the smaller time frame. The RSI is at 97 which also indicates that EURUSD is at the over sold level But, if price breaks and closes above the upper band trendline, this...
Previous Idea is the same. I just make a new entry for this momentum. iF price decline its momentum then, I will wait below or the above. This is not a financial advice. Follow for more.
It appears that EUR/USD may have reached a potential low point after being in a bearish trend for 80 days. Currently, it has closed above a recent swing level. I am patiently awaiting a breakout and subsequent retest of the channel before considering a move towards 1.07338. On the other hand, the DOW Jones is beginning to shift towards a bearish trend after 11.4...