Having fallen for six consecutive days, bearish momentum on EUR/USD is beginning to fade. Tuesday's low also held above the 1.06 level and 71.6% Fibonacci level whilst RSI (14) and (2) are in oversold levels on the daily chart. The 4-hour chart shows bullish divergences on the RSIs, so the bias is to seek dips towards 1.06 for a long towards 1.0650 at a minimum....
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
Good evening everyone! Don't forget to put your thumbs up and write comment if you like the idea. Half of the movement has already passed, and now I’m waiting for the break to the level of 1.07 and from there I’ll start working from the long position. This week we will have important news on the labor market, because it was the labor market that Powell pointed out...
EUR/USD is holding its bounce above 1.0800 in the Asian trading hours on Monday. The US Dollar pulls back following the previous week's upsurge, helping the pair stay afloat amid a mixed market sentiment. US Dollar and Fedspeak stay in focus. EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is...
EUR/USD retreats to the 1.0860 area during the early Asian trading hours on Friday. The downtick of the major pair is backed by the firmer US Dollar and higher US Treasury bond yields. Traders await the German IFO Business Climate on Friday ahead of the Fed's Chair Powell. On the upside, EUR/USD is expected to face initial resistance at the March high of 1.0981...
I'm looking at the EUR/USD retracing from the current level, targeting the previous support level visible on the 4-hour chart. This aligns with my expectation of price rebalancing. If the entry is at the current level, aim for a 1:1 (1R) risk-reward ratio with a SL above the high.
Eurusd's operation advice for next Monday is to pay attention to 1.092 below and 1.096 above in the short term. Buy low and sell high. The subsequent upward trend will focus on the top of 1.098.
EUR/USD picks up extra upside traction and opens the door to a potential test of the psychologial 1.1000 hurdle on the back of increased selling pressure in the Greenback following February's Non-farm Payrolls (+275K). EUR/USD targets 1.1000 on weaker Dollar post-Payrolls EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EUR/USD climbs to multi-week highs above 1.0900EUR/USD extended its daily rally and touched its highest level since late January above 1.0900 on Wednesday. The broad-based selling pressure surrounding the US Dollar during Fed Chairman Powell's testimony fuels the pair's upside.EUR/USD may now see successive weekly peaks of 1.0932 (January 24) and 1.0998 (January...
EUR/USD found support near 1.0800 (psychological level, Fibonacci 23.6% retracement of the latest downtrend) but is yet to clear the 200-period Simple Moving Average (SMA) on the 4-hour chart, currently located at around 1.0820. Meanwhile, the Relative Strength Index (RSI) indicator stays slightly below 50, highlighting a lack of recovery momentum.If EUR/USD...
Today’s release did little to shift interest rate expectations. Markets continue to forecast around 90 basis points of cuts this year – three or four 25bp cuts – with the June 6th meeting seen as the most likely starting point. A cut at this meeting would mean the ECB being the first major central bank to cut rates, leaving the Euro at risk of falling...
Euro is likely to touch the Range top. so I just look for buy positions because you can barely find sellers Yet. Every bottom is a buy opportunity foe me.
Hey there! I'm selling on EUR/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The CPI figures aren't so good for the € compared to the $, which is in great shape! 🚀 If you liked it and want more,...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EUR/USD consolidates gains above 1.0800, awaits Fed Minutes From a technical point of view, EUR/USD’s daily chart shows its closing in the green for a fifth consecutive day. The same chart shows it trades above converging 20 and 100 Simple Moving Averages (SMAs) in the 1.0790 price zone, while it retreated from around a flat 200 SMA, currently around 1.0825....
Hello Traders, here is the full analysis. Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question,...