Preferred direction: SELL
Comment: Considering the medium-term outlook for this currency pair, we continue to adhere to the weekly review, and the strength of the seller is still great. However, in the short term, most likely, the euro and the main competitors of the American currency will strengthen. We outlined this scenario for EURUSD at the beginning...
The basis for our orders: the large level is in an upward trend. After yesterday's sharp decline, it has stabilized today, so we placed long orders at important positions. It has started to rise now, and the long orders are making profits.
The inflation data from the United States has had consequences in the financial markets. The EUR/USD has depreciated by -0.67% on Thursday, March 14th.
Global stock markets were heading for a tepid end of the week after seven weeks of gains, and the dollar remained strong following higher-than-expected U.S. inflation, which impacted expectations about the Federal...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago broke the resistance level, which coincided with the seller zone, and some time traded below. But later, EUR rose back to the seller zone, after which it turned around and started to fall in a downward channel, where in a short time Euro...
The euro is steady on Friday, after sustaining sharp losses a day earlier due to the US inflation report. In the North American session, EUR/USD is trading at 1.0893, up 0.09%.
The European Central Bank maintained the deposit rate at 4.0% for a fourth straight time at last week’s meeting. It looks like rates have peaked but the ECB has been reluctant to signal...
EUR/USD 4H & 1H - This market as you can see has put in a double top pattern on the four hour timeframes after penetrating a large area of Supply.
This is the distribution price has put in prep for the down move, which I feel price is about to take. We just want to look to get involved on the correction thats in play.
Once price trades us into one of two areas...
The strength of the dollar at the present time can cause the euro to fall to strong buying areas at 1.082. These are strong levels for buying, and the current levels are strong for selling. Therefore, we expect the price to rise to levels of 1.098, after which the decline will begin, the aforementioned target.
According to the waves analysis we can expect that price rise again to the green zones. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan follow me for more ideas
By examining the EURUSD chart in the 30-minute time frame, we can see that today, after the strengthening of the dollar index, this symbol was accompanied by a heavy fall, and with a fall of 60 pips, it was able to correct up to 1.08830 and enter this level of demand! The initial expectation is a positive reaction to this level, and then by entering the supply...
EUR/USD, H4 15 March 2024
The EUR/USD pair sustained bearish momentum driven by US Dollar appreciation following
stronger-than-expected inflation data. Diminished expectations for Fed interest rate cuts in the short term contrasted with upcoming ECB policy maker comments on monetary policy prospects in Europe. Investors monitored monetary statements for further...
In recent trading sessions, the Euro has encountered a downward trend against major currencies, prompting market analysts to delve into the underlying factors contributing to its decline.
Several catalysts have emerged, shaping the Euro's current trajectory. Firstly, concerns surrounding the Eurozone's economic recovery have weighed heavily on investor...
The euro remains resilient amidst ongoing uncertainties in the global economy. Despite challenges posed by geopolitical tensions and the COVID-19 pandemic, the euro has maintained stability and shown strength against major currencies.
Recent data indicating signs of economic recovery within the Eurozone have bolstered confidence in the euro. Proactive measures...
The Euro's journey traces back to its inception in 1999, a bold experiment in monetary integration that sought to foster economic cooperation among European nations. Since then, the Euro has emerged as a formidable force in the global currency markets, challenging the dominance of traditional powers like the US dollar.
👑EURUSD Swing Trade Signal👑
🔔 Signal: Sell EURUSD now at 1.08904
🎯 Take Profit: 1.08266
🛑 Stop Loss: 1.09178
📈 Trade Rationale:
The EURUSD pair is showing signs of bearish momentum, with price action indicating a potential downtrend.
The current resistance level at 1.08904 offers an attractive entry point for a short position.
We expect price to move downwards...
The Euro is poised for a potential decline this week as market uncertainty prevails, casting a shadow over its price outlook.
Recent indicators suggest that the Euro may encounter downward pressure in the coming days. Factors contributing to this sentiment include lingering concerns over inflationary pressures, geopolitical tensions, and mixed economic data...
EUR/USD encountered resistance following an initial bullish surge on Wednesday, subsequently retreating slightly below the 1.09450 level in Thursday's European morning session. The price action indicates a potential reversal, with the currency pair trading within a supply area and the 61.8% Fibonacci level suggesting a bearish setup. Additionally, a sell limit has...
![EURUSD: DAILY ANALYSIS // March 15, 2024 [ #EURUSD ]](https://s3.tradingview.com/l/lNdixRou_mid.png "DAILY ANALYSIS // March 15, 2024 [ #EURUSD ]")
