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Eurusdtechnicalanalysis

EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - Currently the MARKET SENTIMENT for EUR is on the DOWN SIDE. The main reason for that is that all MARKETS including STOCKS and STOCKS are DOWN due to MARKET RISK OFF. It affects the Euro in a big way. Because today is Monday, there is a DOLLAR WEAKNESS with a somewhat RISK ON nature. - Definitely, EURUSD can fall to the SUPPORT LEVEL below. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. Accordingly, EURUSD can go down to 0.9858 LEVEL. And after that EURUSD can be BUY to the 1.0661 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
by benny_marshall
1
EURUSD - CURRENT SENTIMENT ANALYSE , DXY - DXY is currently at 105,286 LEVEL. Also the EUR FEATURE stays at 1.0451 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little before BUY. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP. - The EURUSD PRICE can be slightly up to 1.0652 LEVEL. Maybe a change from the USD HIGH VOLATILE EVENTS coming up in the coming days. So stay tuned. If the MARKET moves to the DOWN SIDE the EURUSD 1.0279 LEVEL can be DOWN.
by benny_marshall
EURUSD - CURRENT SENTIMENT ANALYSE , DXY - DXY is currently at 101.632 LEVEL. Also the EUR FEATURE stays at 1.07521 LEVEL. The EURUSD PRICE is currently higher than the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little before BUY. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a NEUTRAL BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD can definitely be DOWN in the future. Also JPY CHF can be UP. - The EURUSD PRICE may be slightly up to 1.0921 LEVEL. Maybe a change from the USD HIGH VOLATILE EVENTS coming up in the coming days. So stay tuned.
by benny_marshall
EURUSD - FOMC CPI DATA WITH CURRENT SENTIMEN ANALYSE , DXY ⛔️ Today is a fairly important day for the EURUSD. This is due to the release of USD CPI DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the EURO has been hit hard by the USD. This is because some of the UPDATES coming from the EURO ZONE are quite NEGATIVE. But even if USD CPI is NEGATIVE, its impact will largely be on the EURO itself. ⛔️ DXY is currently at 103.717 LEVEL. Also the EUR FEATURE stays at 1.0557 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE will SELL a SHORT TERM a little more. ⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a GREEN COLOR. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly DOWN SIDE BIAS. BONDS SPREADS IS GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. ⛔️ The EURUSD PRICE can be slightly down to 1.0314 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned. USD INFLATION DATA or CPI DATA to be released today at NEWYORK SESSION
by benny_marshall
EURUSD- Today is a fairly important day for the EURUSD. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the EURO has been hit hard by the USD. This is because some of the UPDATES coming from the EURO ZONE are quite NEGATIVE. - DXY is currently at 102.947 LEVEL. Also the EUR FEATURE stays at 1.0595 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little further to 1.0349 LEVEL. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - EURUSD PRICE can be slightly down to 1.03499 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned.
by benny_marshall
5
EURUSD 21.4 - Powerful long position with a chance of clouds ;)Note that we have a few market moving events today : - Jobless claims - ECB & FED chairs speaking (Powell, Lagarde) It's important to emphasize, such events have a tendency to be volatility triggers, it's much less important what is said and done - Majority of impact is volume and technicals. Volume because everyone is trading and there's big swings and technicals because the swings, unless there's something truly drastic are moving the price action within the 4h up to weekly technical trend. So with the introduction out of the way let's BE PRACTICAL! 1) A tunnel consolidation is broken up above what was 1.0850 resistance, a retest of this breakout is technically possible at around 1.0830. 2) A break above 1.0942 would allow for very possible continuation to 1.1020 resistance. 3) A break above 1.1021 with a daily close would be a break above the trend-line stretching from 1.150, highest point of the year. Which could technically mean 1.1150 , 1.1250 and higher. A solid trading plan would be to consider that the USD is very far up. Using simple logic, of 'buy low sell high' , today's events may be very bad for USD. The DXY (dollar index) is actually showing a solid bearish 'falling wedge' pattern. So using careful risk management and patience during the day, buying the retest of 1.0830 and even 1.0720 which would be possible if breaks (very low chance), could be great long positions. If you want to be bolder with a bigger chance of catching a big swing up with a probable crash of USD , you can consider a 200 pip downside compared to a 600 pip upside as short-mid term. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you for going through my idea! If you found my idea useful, please like and follow :D It would truly mean a lot to me. Also if you have any questions , don't hesitate to ask me and I will of course respond to everyone. I encourage you to do your own research and be very careful when investing! Once again, thank you <3 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by Exactus
EURUSD WILL GO UP ? ECB COMMENT WILL HAWKISH ?- Today is a very important day for EURUSD. GERMAN FLASH MANUFACTURING PMI DATA, one of the most important events for EUR, is set to be released tomorrow. And today there is a very important FED CHAIRMAN story for USD. It will definitely VOLATILE EURUSD HUGE. - DXY is currently at 99.89 LEVEL. Also the EUR FEATURE stays at 1.0957 LEVEL. The EURUSD PRICE BREAK DYNAMIC S / R LEVELS and pulls up with the POSITIVE COMMENT from ECB. Most likely the PRICE will be SHORT TERM UP up to 1.1070 LEVEL. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a slightly MIXED RISK TONE. So I'm a bit reluctant to be a HIGH BEATA CURRENCIES BUY. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - The EURUSD PRICE can be UP to 1.1070 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned.
by benny_marshall
Be ready to Short EUR/USD the EURO will Continue to drop against the USD these 2 days and according to the overall trend is bearish plus also the news will not be good for the Euro as well so news will not affect the price action, so make sure to place a trade if the price corrects and retrace a little bit to 1.08900 after it reaches the 1.08479 mark ( only if you see a bearish sign ) OANDA:EURUSD this is just my overall analysis of the market please don't trade based on my idea do your technical analysis first :)
Short
by charafguttai
5
EURUSD WILL GO UP ? DXY WEAK OR NOT ? NFP + ISM⛔️ This is a very important week for EURUSD. CPI DATA for EUR is to be issued. This is a very VOLATILE event for the Euro. Because it is a very important INDICATOR. Among them are the ISM MANUFACTURING PMI, and the US LABOR DATA. These are the most important ECONOMIC INDICATORS and these are the HIGH VOLATILIE INDICATORS. ⛔️ DXY is currently at 98.44 LEVEL. Also the EUR FEATURE stays at 1.1091 LEVEL. The EURUSD PRICE is located on the DYNAMIC S / R LEVELS. Most likely the PRICE will be SHORT TERM UP up to 1.1228 LEVEL. ⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is a NEUTRAL BIAS on the market side. ⛔️ The EURUS PRICE can be UP to 1.1228 LEVEL before it becomes DOWN. Then you can DOWN to 1.0849 LEVEL. According to the LABOR DATA and ISM MANUFACTURING DATA coming out today, we can expect some change in the EURUSD. ⛔️ Currently the MARKET may be the TREND LINE SUPPORT. If you BREAK that TREND LINE, EURUSD can sell faster.
by benny_marshall
DAILY MARKET BRIEFING; EUR/USD ANALYSISDAILY MARKET BRIEFING; EUR/USD TECHNICAL ANALYSIS September 23/2021 The EUR/USD had a complete move towards the August 23rd lowest support area as negative economy reports blazed from the side of the EURO zone earlier in the last trading hours. It was not long ago when the expected interest rate hikes took charge of the market sentiment. Yet, the government speeches at the FOMC reassured the expectation of the market participants to come to a hawkish fed monetary policy, conclusion. While on the negative side of the EURO report from the fundamental economy update claims that The German manufacturing purchasing managers index (PMI) had an expansion in a report of 58.5 although the previous reading of the PMI data was at 62.5 economic analysts predicted a forecast of 61.5. The German services PMI also fell from a previous reading of 60.8 to 56.0. Also, The European service PMI went negative. According to an economy report from Reuters, The dollar chop down across the board on Thursday as enhanced risk emotion in global financial markets wiped out its gains in the previous day after the U.S. Federal Reserve flagged plans to dial back its stimulus this year. Trading recommendations, in general, the market tends to have a bullish trading bias hence the further movement of price to the upside could be welcome in the market To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
Long
by Theexcelentrepreneur
EUR/USD DAILY FOREX MARKET ANALYSIS EUR/USD DAILY FOREX MARKET ANALYSIS September/16/2021 Market eyes new support level as the economy reports around US dollar remains positive. It was reported that the US Initial Jobless Claims for august reached 330K, while the previous release was 310K, on the other hand, market players are however on the outlook for a positive US economy update. Yet after a series of consolidation price action movements in the market structure in the earlier trading sessions, the EURO /DOLLAR pair finally heed to the calling of the bears. Unlike most advanced traders the next question that'll be on your minds will be where to be the next point of exit and the most suitable for stopping loss. From a technical analysis standpoint, it should be noted that the total cost in driving the price of the market against August 13 highest demand zone will cost a total of 946pips, whereas the magnitude of the bears about the positive economy prediction for the greenback would likely foster the bearish action of the EUR/USD market. While looking at the market In terms of indicator analysis the below observations can trigger the trading decisions of market participants 1. Price is currently below the 200 and the 50MA hence signify a bearish trading bias. 2. Average true range indicates strong volatility in the range of the bear candlesticks. 3. RSI indicator approach oversold condition hence a few retracements in price to the upside could help to stabilize the condition of the RSI, And thus traders will have more reasons to enter into the market at the best moments. To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
Short
by Theexcelentrepreneur
1
EUR/USD TECHNICAL ANALYSISEUR/USD TECHNICAL ANALYSIS September 2/2021 Dollar weakens against the Euro causing the bulls to dominate the EURUSD currency market. So far this week trading session as recorded a bullish gain of over 95% twice larger than the previous week trading profits. Market participants are however the key factor behind the bullish moves that was recorded in the market. And apart from the traders reactions to the positive price action. market volatility was said to have sky rocket during the trading sessions. In general support and resistance level were closely observed as they determine the Main area of value for taking a position, and for the case of EUR/USD Support and resistance level has indeed make trading decisions a lot easier. While going down to the market analysis in terms of technical and indicators analysis you will clearly see that on the 4 hr time frame market has been displaying a continuous bullish flag indicating that the bulls are in charge of the market. Yet it should be noted EUR/USD price is aiming a target towards bringing price to the July 20 most recent highs. Hence market participants are in response to it actions. In addition to this, if price should hit this level forex traders must be ready to take their profits because at this point the market will be in an overbought condition, likewise the RSI indicator is presently above 60. Trading recommendation EURUSD is likely to be facing a resistance at 1.18812 hence a good trading decision will be to close any position upon reaching this level. To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
Long
by Theexcelentrepreneur
EURUSD analysiswith relation to USDCAD analysis (check recent post) can see a steady bullish sequence as price creates from recent impulses - structure - continuation price is currently ranging and new opportunities are presented at the bottom/top of these ranges like USDCAD, there is no reason in why price cannot reach recent lows (an alternative scenario) - as of why patience is key simple presentation - the deeper meaning is within the waves - mind games many blessings ahead! good vibes only anticipate - react - execute cheers
by justdame