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Eurusdbuy

EURUSD This weekEUR/USD is extending its sideways trading in the European session on Thursday. The pair lingers near three-month lows, as the US Dollar clings to recent gains amid a risk-off market profile. EU/ US data and Fedspeak awaited. The EUR/GBP cross gains momentum above the mid-0.8500s during the early European session on Thursday. The cross currently trades near 0.8576, unchanged for the day. The latest data revealed on Thursday that German Industrial Production (IP) for July fell -2.1% YoY from a 1.5% drop (revised from a 1.5% drop) in the previous month. On a monthly basis, the figure dropped 0.8% versus a 1.4% decline in June and below the expectation of a 0.5% drop. However, the Pound Sterling (GBP) is weakened against the Euro as the Bank of England (BoE) Governor Andrew Bailey's dovish remark on Wednesday that the central bank is much closer to ending its hiking cycle.
by Mars_Hunter
Eur/Usd update (A conditional Buy)price hovering near the higher time frame demand area had given signal of choc previous condering it as bullish change we waited for new confirmation the latest low we saw was at 1.06859, so if the price goes below this area and makes a wick forcing price to close above 1.06859 then this is confirmation of liquidity sweep and we can enter long fyi - this is just a insight im providing through similar scenario i have seen , also keep track on dxy if dxy starts making lower high and lower low in 1h time frame then other usd related pair will get benifits also EURO this liquidity sweep is likely to happen in london session
Long
by Jimmy_Rebello
6
LONG SETUP ON EUR/USDprice made a choc on higher time frame so we are likely expecting the price to pullback at the area swing low where the buyer stepped in and will target the high of pullback considering the price from current level the trade indicates fair value of 1:2 on risk to reward buy 1.07915 sl 1.07500 target 1.08700 note that this demand zone can be temporary as our main demand zone as per earlier analysis is still non mitigated at the level of 1.0660
Long
by Jimmy_Rebello
13