Get started

Eurusdlong

EUR/USD Price AnalysisThe EUR/USD pair is currently trading around 1.0970, facing slight losses in the early European session after pulling back from a four-month high of 1.1017. Traders are awaiting inflation data from Italy, France, and the Eurozone, with the Eurozone Harmonized Index of Consumer Prices (HICP) expected to show a 3.9% YoY growth in November. From a technical standpoint, the EUR/USD maintains a positive outlook, staying above the 50- and 100-hour Exponential Moving Averages (EMA) on the four-hour chart. The Relative Strength Index (RSI) is in bullish territory, suggesting a favorable trend for the pair. Immediate resistance is observed at 1.1000, marked by the Bollinger Band boundary and a psychological round figure. The next resistance levels are at 1.1017 and 1.1042, followed by a potential rally to 1.1150 if buying momentum persists. On the downside, a key support level lies at 1.0930, indicated by the lower limit of the Bollinger Band and the 50-hour EMA. Further support is found at 1.0895 (low of November 24), 1.0867 (100-hour EMA), and 1.0825 (low of November 17). Monitoring these levels can provide insights into potential price movements.
by tradewith_ritik
EURUSD BuyFOREXCOM:EURUSD 15m Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Long
by Phinics
1
EURUSD - Predicted October 20Chairman of the US Federal Reserve (Fed) Jerome Powell said that inflation has cooled down, but the agency is still determined to bring back the 2% target. In a speech on October 19 in New York, Jerome Powell admitted that tightening policies had brought inflation back under control, but emphasized that the Fed still needed to be cautious in pursuing its goal. "Inflation is still too high. A few months of good data is just the beginning to give us confidence that inflation is returning to target. But we still don't know how long these good numbers will last, or Where will inflation be in the coming quarters?" he said. He affirmed that Fed officials "unanimously committed to bringing inflation to 2%". This speech raises questions about the Fed's upcoming policy after a series of consecutive interest rate increases. The Fed has raised interest rates 11 times since March 2022, to the current 5.25%. This is a 22-year high.
Short
by NicoTradingMaster
eur usd - update pt2both DXY and EUR/USD are on curucial levels we had planned conditional buy on eur usd in the evening but price didnt sweeped the bullisj liquidity as we assumed although grabed the seller stop losses and mitigated the bearish order block therefore now for upside there is space to move higher upto 1.07700 sufficent for good trade and risk to reward wait for right level to form and enter on CHOC's Order Block on 15m or 5m chart time frame THE LEVELS 1.0700 and 1.07100 is the zone for bullish fair value area wait for bullish choc here for going long this levels are derived from big bars keep the sl below the bullish fair value zone RR can be 1:5
Long
by Jimmy_Rebello
3