Counter buy limit on EUR/USD on 1.0813I expect long after massive short NFP. Entry about 1.0813, RRR - 1/2-1/3. We will see. Longby rencus300
EURUSD ( During ) I am thinking that EURUSD is sweeping LIQ and I am seeing EURUSD continuous up trend.Longby tugsbayarpurevbat3
Dollar will fallA new era will begin soon, downtrend for EURO is over.. BRICS are doing their job well! Cheers!by devigriffelUpdated 0
ECB Cuts Interest Rate for First Time Since 2019EUR/USD Analysis: ECB Cuts Interest Rate for First Time Since 2019 By its decision, the ECB followed the example of the Bank of Canada, which lowered interest rates by 0.25%, as we reported yesterday. Consequently, this trend might continue with the Federal Reserve, marking the development of easing monetary policy cycles in Western economies. According to ForexFactory: → the interest rate had been at 4.50% since September 2023; → it was reduced to 4.25%; → the reduction was accurately predicted by experts. According to CNBC: → the ECB forecasts inflation at 2.5% in 2024 and 2.2% in 2025; →"Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady," stated the ECB Governing Council. Given that the rate cut was anticipated, the EUR/USD rate hasn't changed significantly today, despite a noticeable spike in volatility. Analysing the EUR/USD chart on 30 May, we highlighted the importance of the 1.08 level. Since then, the bulls have shown the ability to bounce off this level and rise to 1.09. The technical analysis of the EUR/USD chart, considering fresh data, provides important insights: → the 1.09 level shows signs of resistance, as the price struggles to stay above it for long; → this is evident from the price action forming peak B, as well as from yesterday’s action following the ECB news release; → the RSI indicator is forming a bearish divergence between peaks A and B. Thus, the EUR/USD price is forming a narrowing triangle between the ascending trendline (shown in green) and the 1.09 level. It’s possible that a breakout of this pattern, which can be interpreted as a temporary consolidation, will lead to a new significant trend. The impetus for this could be the results of the European Parliament elections taking place from 6-9 June. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen227
Today weare going HIGHER EURUSDLast setup was pretty good for EURUSD but i had no triggers. Unfortunately my long limit ordes wasn't triggered for few pips. This time i want to swing and i am entering long targeting 1.09250 and i will DCA if price will go lower. I have some strong motivations for that and i think today's NFP will give us a good pump. ECB has finally started to cut rates, USD is getting weaker while GOLD price Is rising (and china Is buying GOLD and selling USD). I think EURUSD price can reach 1.11/1.12 before DecemberLongby CryptoForexGem1
possibility of uptrend It is expected that the upward trend will form up to the resistance levels and then we will witness the change of the trend and the beginning of the corrective trend. If the price crosses the resistance range, the continuation of the movement will be according to the blue pathby STPFOREX0
EURUSD analysis week 24EUR/USD clings to gains above 1.0850 following US inflation data. EUR/USD traded in positive territory around 1.0850 during the US session on Friday. The US dollar struggled to maintain its strength following the April PCE inflation data and helped the pair hold its ground at the end of the week. The EU region's CPI consumer price index has begun to cool down, but according to March and April data, this index still increased around 2.4% over the same period last year in recent shares shared by the ECB President. believes that inflation in the EU area is expected to continue to decrease and the ECB can lower interest rates if they meet the inflation assessment criteria they have identified. The price range of the EURUSD pair is getting narrower, showing that the long-term accumulation of the currency pair is about to reach a boom stage. Pay attention to the break out hooks 1,080 and 1,088 to get appropriate trend trading signals. When the price breaks out of the narrow range, important support and resistance levels will be quite far away. Above the old peak resistance level around 1,093 and in the opposite direction, the old Dow breaking support area at 1,074 will be a support area that investors trust. Trading signals: BUY zone 1.07400-1.07200 SL 1.06900 SELL zone 1.09300-1.09500 SL 1.09800 Beak out and retest: 1.08800 and 1.08000by TVS-TraderUpdated 6
EURUSD Trading Journal EURUSD Trading Journal Very happy with what my analysis anticipated for Price to deliver to. Huge range Monday Price did seek both my noted 1 hour IFVG to start the week and energetically took both my Buy Side Targets exceeding my weeks high at 1.08891. Another explosive range day on Tuesday as Price wicked through the my buy side target again creating the high of the week and came back to test the1 IFVG. Im very pleased that Price is reacting to my noted sentiments. Very please. by LParnell0
EUR SELL SIDE THE CURVE TO BUY SIDE THE CURVEWe have a bullish order flow monday push higher we have a CRT model SMT With GU Wednwsday manipulation fase tomorrow we have NFP NEWS High impact news Longby yakiniomar0
Potential Long Entry on EUI am looking at a potential long entry based on what I see from the Daily down to the 15m. The long entry may not happen as the price has already been in this area, but if it does come back then there is a chance to push up higher. I do some POIs that would warrant price pushing back down and then heading up north the weak high. The target is the next 15m POI Swing High.Longby alldyn_pip_king0
CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 1.0906 to 1.0909. Additionally, one low-risk buy zone between 1.0800-1.0790, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 1.0906 to 1.0909, serving as a low-risk sell. Important Demand Zone🟢: Identified between 1.0800-1.0790, serving as a low-risk buy. Bullish Targets📈: 1.0812: Possible retracement area. 1.0840: Possible retracement area. 1.0855: Possible retracement area. 1.0870: Possible retracement area. 1.0906: Significant supply zone. Ultimate Target: 1.0915- Liquidity area. Bearish Targets📉: 1.0880: Possible retracement area. 1.0868: Possible retracement area. 1.0835: Possible retracement area. 1.0815: Essential Demand Zone Ultimate Target: 1.0770- Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by TTradessss10
EURUSD Bullish Pattern 1 HourIn the current analysis of the EURUSD chart, a discernible bullish trajectory is observed. Utilizing Fibonacci Retracement as a strategic tool, we aim to identify optimal entry points for long positions. This entails strategically entering trades with a favorable risk-reward ratio, typically at levels where price retraces against the prevailing bullish trend. Our objective is to secure long positions with a risk-reward ratio of 1:2, thereby maximizing potential gains while mitigating downside risks.Longby usmanbinshafiq0
Bullish EUR/USDI am still Bullish on EU. With the confirmation of Fibbs and levels not seen on this chart, I am still looking for Euro Dollar to go long. Longby MoneyMew225
analaysing eurusd right from weekly to 4hourjust as explained in my analysis, considering both dollar index and eurusd we have a clear indication and well calculated risk to reward ratio . follow for more updates and educational contents like this.Short07:03by kunmite_Fx0
EURUSD 1H 1. Support Level at 1.08687: As long as the price remains above 1.08687, this level serves as a key support. In technical analysis, a support level is a price point where an asset tends to stop falling and rebounds due to increased buying interest. Traders should monitor this level closely. If the price approaches but does not fall below 1.08687, it may indicate strong market support, suggesting a good opportunity to enter a buy position or hold an existing long position. 2. Take Profit Level at 1.09160: The target or take profit level is set at 1.09160. This is the price at which a trader aims to close their position to secure profits. Once the price reaches 1.09160, it is advisable to sell or take profits, as this level has been identified as a point where the asset might face resistance and potentially reverse. Planning the exit at this level helps in maximizing gains while managing risk effectively. 3. Waiting for confirmation before entering a trade helps in improving the quality of trades, increasing the probability of success, and effectively managing risks. In summary, the strategy revolves around buying or holding as long as the price stays above the support level of 1.08687 and aiming to take profits when the price reaches 1.09160. This approach balances risk management with profit-taking, leveraging key technical levels to make informed trading decisions.Longby vbenking91110
EURUSD BUY 1.08767 AreaEURUSD BUY 1.08767 Area This is my analyses Today News In EUR 3:15 In Qatar Time & What is Your Idea.Longby hamihayat1
Fundamental Market Analysis for June 06, 2024 EURUSDEvents to watch out for today: 15:15 GMT+3. EUR - Publication of the ECB's decision on the key interest rate 15:30 GMT+3. USD - Number of initial applications for unemployment benefits 15:45 GMT+3. EUR - ECB Press Conference EURUSD: The EUR and USD pair is strengthening around 1.0890 despite the US Dollar (USD) rebounding during the early Asian session on Thursday. The European Central Bank's (ECB) interest rate decision and President Christine Lagarde's press conference will take center stage in today's euro economic developments. The ECB is expected to cut interest rates by 25 basis points (bps) at its June 6 meeting, reducing the main refinancing rate, margin lending rate and deposit rate to 4.25%, 4.50% and 3.75%, respectively. Financial markets had anticipated that the ECB would cut the rate by 43 bps by September and by around 60 bps by the end of the year. The divergence between the ECB and the US Federal Reserve (Fed) could put pressure on the Euro (EUR) and create a headwind for EUR/USD. Across the ocean, speculation is mounting for the Fed's first rate cut in September as the US economy slowed in the first quarter. According to the CME FedWatch tool, traders now estimate the probability of a Fed rate cut in September at nearly 70%, up from 54.9% earlier in the week. The expectation of a Fed rate cut is likely to weigh on the US dollar in the near term. However, the release of stronger-than-expected ISM Services Purchasing Managers' Index (PMI) data for May provided some support for the dollar. The index rose to 53.8 in May from the previous reading of 49.4, beating the market consensus forecast of 50.8. On Friday, investors will turn their attention to the US Non-Farm Payrolls (NFP) data, which is estimated to add 185,000 jobs to the US economy in May. Stronger-than-expected US jobs data could further strengthen the dollar and limit EUR/USD gains. Trading recommendation: Trade mainly with buy orders at the price level of 1.0920. Consider sell orders at the price level of 1.0855.by Fresh-Forexcast20040
Euro $EURUSD EoM ReviewMonthly Price Boundaries: 1.09103 -OB 1.09472 EQ 1.06950 Prev Sellsweep19:43by LegendSinceUpdated 0
EURUSD Resistance Breakout At 1.08884 06.06.2024Resistance Breakout: 1-hour EURUSD chart at 1.08884 If Breakout Holds: Target: 1.08977 Next Target: 1.09095 If Breakout Fails: Support Level: 1.08819 Next Support: 1.08752 Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)Longby BDSwiss_Academy0
#EURUSD - 06062024I was more bearish EURUSD yesterday. We got the dip below the 1.0856 strong level, a rally then the second dip, almost hitting the 1.0852 before the huge recovery. EURUSD though bearish is supported. In addition, we can see GBPUSD closed red, thus overall is more bullish than bearish. EURUSD opened and move higher from open. IMO any dips to PZ is buyable, or if PZ breaks, could see re-test of lows at 1.0852 but overall 1.0852 would still be a long for me for a move higher.by FadeMeIfYouCan0
EURUSD AnalysisEURUSD broke out the uptrend channel and activated a bearish sequence with target toward 1.0800by Hassanberjawi1