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Eurusdforecast

EURUSD SHORT TERM TRADE SETUPA second wave (x) ended at 1.2532 on 2/16/18 where the weekly is turning down and the daily right side is down. Down from there wave a ended at 1.0876 on 10/1/19 where the 4 hour is turning up. From there a wave ((W)) is in place at the 1.1239 highs from 12/31/19. Wave ((X)) remains in progress while below 1.1095 where the hourly is turning down it can see weakness toward 1.0900 before a turn higher continues to correct the cycle from the 2/16/18 highs.
Long
by Forextuitions
Short EURUSD: Double Mountain theoryFrom my humble fully-technical perspective, I see double mountains appearing in a bearish trend for EURUSD. From my fundamental perspective, US Manufacturing PMI was 1 entire point lower than expected but European markets decreased due to new surprise US tariffs on Argentina and Brazil markets. US doesn't abandon trade war, that's why I think EURUSD will form a double constant mountain and then maybe will go up or down, who knows. But in the shortest term possible (10 days) I bet bearish for EURUSD 1.1012-1.1120 (Stop loss)
Short
by alexinve
EURUSD Following Down Channel Pattern - Forex Technical AnalysisWe are doing EURUSD Analysis in Daily Time frame as you can see right now market is Holding Down channel line Support area. if we take entry from here then our risk to reward was perfect that is 1:3 If our target hitted then we will be in 120 pips profit Target : 1.13584 Stop area : 1.11660 Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
Long
by Make_Money_Guru_Bitcoin
EURUSD Forecast and Technical Analysis Week of Nov 27thEURUSD Forecast and Technical Analysis Week of Nov 27th Triggered by the FOMC Minutes, promising Eurozone Data and finally U.S. Markit Service and Manufacturing PMI which were below the market’s expectations; EURUSD ended week 1.19290. Thursday’s minutes from the latest ECB policy meeting have prolonged this lead, revealing that policymakers broadly agree on the extension of the bank’s quantitative easing (QE) scheme.There was, however, some debate over the decision to keep asset purchases open-ended. The upcoming week will be very busy in means of fundamentals of both economies with US Core PCE inflation outstanding ahead of December FED’s monetary policy meetings. Short-term trend is bullish but we need to keep in my mind that FED rate hike is set to announce in December, and more importantly, will or how long ECB’s Draghi let the EURO gain more strength. EURUSD Forecast and Technicals: On the weekly chart; EURUSD is above EMA 50,100 and 200. RSI is in the bullish territory but not overbought. On the daily chart; 1.19600 ( Fibo Retracement 127.20% ) is the resistance. Above 1.19600, 1.20250 and 1.20900 will be the next possible targets. Stochastic gives overbought signals. 1.19000 and 1.18800 possible pullback levels on Monday. 1.18800 – 1.18600 regions is the support.Three factors can cause a breakout this week. An incredibly positive US Data, Draghi and a political chaos in Europe.
Long
by eacemi
#EURUSD heading towards 0.9888 by the end of the year.EURUSD seem to be looking at working its way to go down towards parity. The current political and economic climate might seem to suggest the same as well. With geo-political issues people run towards the Dollar safe haven status again and Euro is always one country away from having another round of news being going everywhere that the union might be breaking. Above are some of the reasons because of which I might be opening only short positions in Euro now. Good luck all. Would love to hear your comments on what you all think.
Short
by UnknownUnicorn299787