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Eurusd-3

EURUSD: Continues to grow downwardHello everyone, in today's trading session, EURUSD continued to decline following the trend observed in recent days, with the price fluctuating around 1.062 and has decreased by 0.15% so far. EURUSD's decline continues, in large part due to hawkish comments from US Federal Reserve officials, which has strengthened the Dollar and become a key barrier for with any EURUSD recovery. According to careful analysis, the support level at 1,060 may soon be penetrated due to strong selling pressure. With price currently moving below both the 34 and 89 EMAs, this is a favorable time for sellers.
Short
by RKarina
EURUSD stays pressured toward 1.0600 amid risk-aversionEURUSD extends the previous day’s pullback from a four-month-old support-turned-resistance as sour sentiment underpins the US Dollar demand early Friday. In doing so, the Euro pair takes clues from the bearish MACD signals while paying little attention to the RSI (14) line suggesting a weak support for the current momentum. With this, the quote appears well set to revisit the latest trough surrounding the 1.0600. However, the 78.6% Fibonacci retracement of the pair’s October-December upside, near 1.0595, will join the downbeat RSI conditions to challenge the bears afterward. Should the sellers keep the reins past 1.0595, 1.0520 and 1.0495 may act as intermediate halts before directing the prices toward the previous yearly bottom surrounding 1.0450. Meanwhile, the aforementioned previous support line from December 2023, close to 1.0675, guards the immediate recovery of the EURUSD pair ahead of the 10-day Exponential Moving Average (EMA) level near 1.0690. In a case where the Euro pair rises past 1.0690, and also crosses the 1.0700 threshold, the early-month bottom around 1.0725 and 50% Fibonacci retracement level near 1.0800 will challenge the upside moves. Above all, the bull’s dominance needs validation from a convergence of the four-month-old resistance line and 38.2% Fibonacci retracement level, around 1.0880. To sum up, the EURUSD pair is likely to remain weak but the room toward the south appears limited.
by MTradingGlobal
GOLD IN CORRECTIONHi everyone... Right now market touches our 1st Weekly PULL BACK zone which is 2357-2477 zone We got Day High(using MY HIGH find method)-correction sell 80% confirms In 4hrs the market got bounce on small buy zone which is 2335-2320 Also we got 15min low(using MY LOW find method)-trend continues but doesn't get CHOCH(doesn't cross 2319) confirmation in 15Mins and 4Hrs Careful with sell And mainly in Monthly time frame previously we got H&S so Head and Shoulder full target is 2527 Monthly 1st back zone we Got here which is 2462-2689 Here is the Result 1st Analysis Buy@2344.3-2336 SL@2330(or use buy limit SL) TP 2346 TP 2352 TP 2364 TP 2388 TP 2430 TP 2520 Buy limit@2329-2323 SL@2319 TP 2331 TP 2345 TP 2352 TP 2364 TP 2388 TP 2430 TP 2520 2nd Analysis Sell limit@2388-2395(we need a confirmation before enter this) SL@2397 TP 2386 TP 2380 TP 2300 TP 2278 TP 2167 TP 2050 TP 1973 Sell limit@2426-2428(EXTREME SELL zone BUT BE CARE FULL WE DOSENT GET 15M & 4h CHOCH) SL@2432 TP 2424 TP 2400 TP 2380 TP 2300 TP 2278 TP 2167 TP 2050 TP 1973 USE RISK MANAGEMENT SAFE TRADER ONLY TAKE 3 TO 5 TRGT BASED ON YOUR EQUITY BUT 1ST TP MUST AFETR HIT 1ST TP MUST SET BE(Break Event) ==Use stop order -.5 pips from SL(if you ok) stop order needs high equity== NOTES:EDUCATIONAL PURPOSE ONLY
OANDA:XAUUSDShort
by SATHAYAM_ACADEMY
The Bull side is stronger?Hello everyone, are you curious about the current trend of EURUSD? Today, EUR/USD has risen to nearly 1.0650, recovering from its five-month low of 1.0622 reached last Friday. The US dollar has strengthened due to increased buying pressure in the midst of political instability, which has put downward pressure on this currency pair. The support level of 1.070 has been breached and no longer holds for this currency pair. The downtrend seems favorable as the price continues to move within a downward channel with no signs threatening this trend. After a short period of adjustment, EURUSD is expected to retest a lower level around 1.053, following the current trend. What do you think? Will EURUSD continue to decline?
Short
by RKarina
1
EUR/USD extends decline below 1.0630EUR/USD continues to decline, nearing the 1.0620 level and moving away from the year's low of 1.0600 recorded at the beginning of Wednesday's Asian trading session. However, hawkish comments from Federal Reserve officials and the flow towards safe-haven assets could strengthen the US dollar and limit any short-term benefits for this currency pair. Nevertheless, attention should still be paid to the Fibonacci retracement levels of 0.5 - 0.618, as EUR/USD may correct towards this zone after the recent sharp decline and show signs of price consolidation.
Long
by RKarina
EURUSD: Bearishness continues to prevail!EUR/USD has been falling for the past six sessions, trading around 1.0600 during the Asian session on Tuesday. The US dollar, supported by rising US Treasury yields, is asserting its strength, putting pressure on the pair. When looking at the current situation, unstable economic factors in the euro area, along with the potential recovery of the US economy, are raising expectations for a strengthening of the dollar in the near future. next. This becomes even clearer when it is predicted that the European Central Bank (ECB) may reduce interest rates before the US Federal Reserve (Fed) takes similar measures. In this context, the forecast shows that EUR/USD will likely continue to decline further in both the short and medium term.
Short
by RKarina
EURUSD: Breaking important support levels!Hello everyone, EURUSD today continued its downtrend, extending for the third day in a row, surpassing many support levels despite the appearance of a double top pattern. The support level at 1,072 could not stop the exchange rate from falling deeply. The current outlook remains skewed in favor of sellers, as candlestick patterns closed below support and a slight rise in the US dollar further exacerbated the pressure on the pair. Increasing speculation that the Fed may cut interest rates in September is also adding to the burden on EURUSD.
by RKarina
GOLD IN CORRECTIONNow we got 4h high which is using my method... Already our 2 sell entry running profit also we found 2 sell zone 1st sell limit 2254-2257 sl 2259 (need 1m or 5m confirmation then entry it else wait for 2nd zone) tp 2252 tp 2249 tp 2244 buy zones are the tp4 and tp 5 In 4hrs we found 2 buy zone 1st buy zone 2201-2192 (we need 15M confirmation to take entry) 2nd buy zone 2167-2156(extreme buy zone no need to confirm)...which is in linked analysis 2nd sell limit 2261-2264 sl 2267 tp 2259 tp 2256 tp 2251 buy zones are the tp4 and tp5 In 4hrs we found 2 buy zone 1st buy zone 2201-2192 (we need 15M confirmation to take entry) 2nd buy zone 2167-2156(extreme buy zone no need to confirm)...which is in linked analysis NOTES: EDUCATIONAL PURPOSE ONLY
OANDA:XAUUSDShort
by SATHAYAM_ACADEMY
EURUSD: Stable waiting for new news!Hello traders! The EURUSD exchange rate is currently performing well, not deviating too far from yesterday's attractive position. It seems like we are all in this stable meditation garden, and it may stick with us until the end of the day and beyond. The Bollinger Bands range is back in action, stretching between the resistance level at 1.088 and the support level at 1.081. At the time of writing my thoughts, the price is at 1.0850, experiencing a 0.06% decline for the day. Let me tell you, a cautious atmosphere is gradually emerging as we approach the release of the US CPI index and the FOMC minutes, both scheduled for Wednesday this week. What is your strategy as we wait for the unveiling of these economic dramas?
by RKarina
EURUSD pares the biggest daily loss in 13 months on ECB DayWednesday’s strong US inflation data and hawkish Fed Minutes portrayed the EURUSD pair’s biggest daily slump since March 2023. Even so, the Euro pair failed to conquer a five-month-old rising support line, close to 1.0730 by the press time. The inability to break important support joins the market’s consolidation ahead of the European Central Bank (ECB) Interest Rate Decision to trigger the quote’s corrective bounce. However, the below 50.00 status of the RSI (14) line joins the bearish MACD signals to challenge the bullish bias, which in turn highlights the aforementioned 1.0730 support for the sellers to watch. Following that, the yearly low of 1.0695 and the mid-November 2023 bottom surrounding 1.0655 will act as the final defenses of the bulls. On the contrary, a 50% Fibonacci retracement of the pair’s October-December 2023 upside, close to 1.0795, quickly followed by the 1.0800 threshold, cap the immediate upside of the EURUSD. Even if the quote manages to remain firmer past 1.0800, 200-SMA and 100-SMA will challenge the Euro buyers around 1.0830 and 1.0870 respectively. It’s worth noting that the pair’s upside past 1.0870 remains inconclusive for the bulls unless crossing a downward-sloping resistance line stretched from December 2023, near 1.0900 threshold at the latest. To sum up, the EURUSD pair consolidates heavy losses ahead of the key ECB event, as well as the US PPI data. However, the bullish bias appears less convincing below 1.0900, especially when the ECB is likely to announce a dovish halt.
by MTradingGlobal
EURUSD: Buying strategy is still supportedThe EUR/USD pair experienced a modest increase, reaching around 1.0860 in the early Asian trading session on Tuesday. The decline in the US Dollar (USD) has provided some support for this currency pair, with growing optimism fueled by various technical indicators. The upward momentum is being observed and strengthened as a new level of support forms, aligning with the EMA 34 and 89. As long as buyers maintain this support level, the scenario of price increase remains entirely reasonable.
Long
by RKarina
EURUSD: The movement trend is not clear!EUR/USD appears to have made a breakthrough above 1.0800 at the beginning of Monday, breaking free from a three-week downtrend. However, the short-term technical outlook paints a picture of indecisiveness in this currency pair. On one hand, strong NFP data from the US continues to bolster the US Dollar, while optimistic industrial production figures from Germany and investor confidence from EU Sentix have not had a significant impact on the Euro. If this pair surpasses the level of 1.0870, it could establish a strong foundation for a bullish recovery in EUR/USD. Conversely, the EMA 34 and 89 indicators currently lean towards a slight downtrend, indicating a lack of momentum for any significant price movements in either direction. Therefore, the support level at 1.0800 is still being monitored for potential retesting.
by RKarina
EURUSD bullish outlook?Hello everyone! After a long period of decline, EURUSD ended the week with gains and is currently trading at 1.0836. It can be observed across most time frames that the EU has achieved significant milestones, indicating a very positive price outlook. With EU continuing to trade steadily at these high levels, there is a possibility that the price level of 1.082 will be retested in the near future, forming a trend line and using it as a strong support for further price increase. The expected price levels are currently 1.087 and then 1.093
Long
by RKarina
EURUSD: The downtrend line has not been broken yetRecent Summary: EUR/USD showed resilience on Thursday but soon encountered strong resistance at the descending trendline, leading to a fresh downward correction. The important support level at 1,076 is currently a solid fulcrum for this currency's recovery hopes. Market Assessment: The support level at 1,076 is showing significant resistance, laying the groundwork for EUR/USD's potential upside, as long as this level is not broken. The important event at the end of the day, related to USD, may be a turning point, affecting the current dynamics of this currency pair. Recovery Potential: If the end-of-day news tilts in USD's favor, EUR/USD may have to look for upside opportunities from alternative factors. However, if USD fails to receive support from the news, EUR/USD has a solid chance to recover and even rally from current support levels. Conclude: With an important event coming up and strong support at 1,076, EUR/USD is in a state of balance between recovery and downside risks.
Short
by RKarina
EURUSD: Suddenly back!In the context of the first rays of dawn in Asia, EUR/USD suddenly exploded, reaching the symbolic level of 1.0850. This recovery was fueled by tension from the USD index, after the shock from the US ISM Services PMI did not meet expectations in March. Then, profit-taking comments from the Fed Chairman Powell added even more "water to the cup", sparking a big move on the trading floor. The weakening of the US Dollar is not only a golden basis for those holding the Euro but also opens a new page for this currency pair. Is this evidence of a new era of the Euro value system or just a fleeting passing color? What will happen next on the electronic boards of global financial markets, as the big picture gradually emerges?
by RKarina
BECAREFULL WITH GOLDMarket still round 2193 to 2203 Wait today...today Unemployment and Final GDP NEWS If market cross & CLOSE ABOVE 2222 next zone will me 2238-2300 If market cross & CLOSE BELOW 2145 it will be RED ROSE... then NEXT buy zones will be 2038-2025 1995-1973 1948-1931 1829-1811 Checking in day candle body doesn't close above DAY BOS in line chart seems M PATTERN ... SO 60%SELL AND 40% BUYING Sell Flip Zone 2203-2209 EURUSD,GBPUSD,NZDUSD,AUDUSD starts falls so GOLD also will FALL soon... Low equity members avoid trade today... Use small lot max 0.01- 0.03 and 6-7 orders SELL @ 1st sell zone 2198-2200 2nd sell zone 2203-2207 Sl 2213 Tp 2193 Tp 2186 Tp 2176 Tp 2160 Tp 2148 Tp 2038 Tp 1950 Tp 1840 Buy stop @2212.8 x2lot size of sell total order Tp 2221 Tp 2238 Tp 2270 Tp 2300 or avoid trade today NOTES: EDUCATIONAL PURPOSE
OANDA:XAUUSD
by SATHAYAM_ACADEMY
EURUSD: Recovering but outlook still bearish!Hello EURUSD traders! Today, we are witnessing a modest recovery of EURUSD to the level of 1.0777, but it still exhibits characteristics of a downward trend. Chart analysis indicates that the decline continues as it breaks out of the upward trend line. Furthermore, the convergence of EMA 34 and 89 appears to favor sellers. According to the Dow Theory, this currency pair is undergoing a corrective wave in its trend and is testing for a breakout, suggesting that any price increase may not be sustained. The target for the downside and the current selling zone is aimed at the first Fibonacci retracement level of 1.618.
Short
by RKarina
EURUSD: Discounts are still preferred!Hello dear friends, as predicted by us yesterday, the EURUSD pair continues to decline at the current price level of around 1.073 and the prospects are even more bearish. The recent rise in the US dollar following strong US PMI ISM data has weighed on this currency pair amidst investors' concerns about Germany's inflation data. From a technical analysis perspective, this currency pair lacks a clear direction for the next trend as the EMA 34 and 89 do not provide us with signals and future prospects. However, the preference still lies with the downward movement, with lower highs and EURUSD breaking below the support level of 1.075. In my personal opinion, I hope that this currency pair will continue to correct further and the lowest point at this time is 1.055.
Short
by RKarina