Hello traders ,what do you think about EURUSD? Considering the crisis, we expect the EUR to weaken against the DXY. We expect this pair to fall to the specified zone after the pullback to the broken level
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Hello,Traders!
EUR-USD broke a key
Horizontal level and then
After some consolidation
Went further up so
I think that we will see
A bullish continuation
With the target of
Retesting the key
Horizontal level above
Buy!
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Yesterday, as previously described, the EUR/USD currency pair was within an accumulation zone. After a rebound from the 1.075 resistance level, the price is now approaching a short impulse in the direction of the main trend. Additionally, the RSI indicator appears poised to drop from the overbought area. Based on this analysis, our current recommendation is still...
Let's take a look at some fundamental news regarding EUR/USD:
Commerzbank's economists have reported uncertainty regarding the market reaction to the European Central Bank's (ECB) decision today. There are doubts whether the market reaction to the ECB decision will be "normal," given the current situation. The question is, what will the ECB decide today, and how...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price bounced from $1.0660 level to $1.0800 and started trades inside of wedge.
Inside of wedge Euro declined to $1.0530 level, left wedge, and started moving up in rising channel.
Also, inside from channel price tried to back up, but failed and made...
EURUSD is trading within a wide horizontal trading range.
We see a nice positive bullish reaction from its support.
I believe the market may keep growing next week.
I will expect a bullish continuation to its upper boundary.
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Hey Traders, in the coming week we are monitoring EURUSD for a selling opportunity around 1.072 zone, EURUSD is trading in a downtrend and Extending pullbacks seem to be approaching the major trend around 1.072 supply and demand zone. once bears are confirmed i would set 1.05 zone as a target as it's considered the next major support zone EURUSD will be facing.
EURUSD from the opening of the session forms a pullback in the local uptrend, it is likely that the movement is aimed at the retest of the liquidity zone
The dollar is strengthening and thus the eurusd is trying to break through support. It is possible to trade either a breakout or a false-break, but it is necessary to wait for a signal.
If the price...
Hey traders,
I receive dozens of questions each and every day concerning the topics to study to become an expert in technical analysis .
Here I have collected the main subjects that, in my view, are essential for successful trading.
*the order of the topics is spontaneous and there is no logical sequence
1️⃣ - Candlestick patterns
To me, candlesticks...
Hello traders, I want share with you my opinion about Euro. Looking at the graph, we can see how the price re-tested the seller zone, from which it begin to decline and formed the downward wedge. Euro created support area 1.0535-1.0525 that was re-tested and begin to grow, breaking the resistance line of wedge. Next, we see how the price has dropped again to the...
✅EUR_USD is going up currently
And the pair broke the key structure level
Which is now a support, and has made a pullback
And the retest, so I think the price will keep going up now
LONG🚀
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According to the Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia from UOB Group, there is a possibility of a further decline in the EUR/USD exchange rate in the near future. In their recent analysis, they highlighted that the EUR could weaken further but a clear break of 1.0500 is unlikely. Although the EUR traded mostly sideways with a brief...
EURUSD / 4H
Hello traders, welcome back to another market breakdown.
Here is a setup I'm waiting for on EURUSD pair, The sell off was aggressive.
The Bullish trend was strong enough that bears are not pulling the trigger around support level. However, bears need a reversal from a lower high major trend reversal or a double top, micro-double top. What it will...
Danske Bank economists maintain their strategic case for a lower EUR/USD, predicting the pair to reach 1.02 in the next six-to-twelve months. They argue that this will be driven by tighter financial conditions, relative rates, and asset demand, along with new energy and real rate shocks. In this article, we will explore Danske Bank's reasoning for this forecast...
✅EUR_USD is stuck between
The key horizontal support 1
And resistance 1 levels so we
Will see some back and forth
For some time and then
Depending on the direction of
The breakout we will see
A retest of either support 2
Or resistance level 2
ANALYSIS🚀
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Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few days ago price bounced up from $1.0730 to $1.1025 levels and started trades inside from wedge.
Inside wedge price declined to $1.0535 level which coincide with support area and then bounced up.
After Euro bounced up from support area it left wedge and...
The price perfectly fulfills my last idea. The market fell from resistance zone. The market recently pulled back to the resistance after impulse move. The price made complex pullback. I expect the price to come up to the nearest resistance and trendline and move downwards. I think the price may form a fake break at resistance and then go down. I expect the price...
