Eurusdprediction
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.
A big red candle > whats next on EurUsdwe were expecting to go long on order block of 1.0700 but price didnt retest the zone at first and whoever bought with direct limit order their stop loss was taken out but we had calculated risk of 20 pips
but if the conservative trade who waited for choc entry the entry did not triggred
.......................... thats the wrap from previous analysis ....................
currently the big bar candle will be tempting for further selling point
the reason for big red candle is because of sundden bounce on DXY index
euro had opposite reaction to the price chart
.............................................................................................
tenchnically wait for the price to make choc on 1h time frame
and from that bos we look for trade if the setup complete of higher low and higher high then
only we will look for buying side
1.06930 to 1.06300 will the area where price will hunt for liquidty pools
if the 4h candle closes below this level then only we will look for bearish side
EUR USD SHORT Sept #3
Risk 0.5%
TP1 = 1:2 RR
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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
EUR/USD short setup the 29 august move on 1h was not a bullish trend it was just liquidty grab move made insitutional players
FOR SHORT BEARISH SETUP
after that we have seen sharp fall towards the new order block
i think price below (ob) will be sweeping some liquidity and pretend to bounce back but it just as pullback there has been fair value area around 1.08424 - 1,08154 where we can loot for opporunity the target will be then 1.06800 & 1.6400 zone
*use ATR for controling your stop loss by (atr x 2) then manage your qty as per your stop loss risk
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
Eurusd 15 AUG ANALYSIS AUG ,
EURUSD RISK 1:3
ALWAYS FLEXIBLE , JUST LIKE MARKET
Trade Idea: SELL
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
GBPUSD NEW ANALYSISTrade Idea: BUY
PAITENTLY WAIT TO SAFEPLAY
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 4
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
EURUSD Short IDEA
As per the structure, the price continues to decline to reach the 1st deemand area to go further, and also, there are three deemand created in a 4hr time frame.
If you watch the recent high and AO , there is a divergence between them
Where the price makes higher high, but AO is losing the buying momentum and decreasing.
Better to find a short opportunity on this instrument.
gbp/jpy sell gbpjpy has broken down from the head and shoulder reversal pattern and is now heading lower. Yen has been strengthening overall and it is interesting to see that even the USDJPY pair has been struggling. There is some risk off in the financial markets as a whole and that seems to help yen. The target is the depth of the pattern and is marked on the chart. There can be a partial entry at the current price and then some more when the neckline is re-tested if at all.
Eurusd is short or what? For me i am looking for short because of higher time frame analysis. Here is my short setup for this week, if you have no idea for this week just follow it's upto you. Wait for price to reach the upside zone in NEW YORK session then look for double top in that zone area(basically first candle rejected + next candle close below the zone+ again some retest rejection from the zone) then take the setup. Keep the stoploss above the zone and target 1:3 are the below mentioned zone thank you.
EURUSD Analysis!EURUSD Weekly Analysis!
EURUSD Support Trendline Breakdown!
Short Trade Opportunity in EURUSD!
EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this pattern is a Rising Wedge pattern if i am not wrong. We can see, in the last 2 weeks the volume is increasing like bears are interested in dragging down the price. RSI also not moving as per price if we observe carefully it is showing a small inclination during price making higher high's and then the downmove has started. Rest of all analysis is on the chart itself please have a look.
Thank You!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital