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Eurusdprediction

EURUSD Ahead Of CPI Today , 16th Feb ,2023The euro lost 0.43% yesterday as the U.S. Dollar Index (DXY) climbed to a six-week high after better-than-expected U.S. retail sales data was released. Possible effects for traders Upbeat economic data has fueled more hawkish expectations on the U.S. interest rate. According to Reuters, the Federal Reserve's (Fed) terminal rate has been adjusted to about 5.25%. Thus, the fundamental pressure on the DXY remains bullish, so EURUSD weakened. Still, the euro rebounded slightly during the Asian session earlier today but failed to hold above the important 1.07100 level. Today, there are two crucial events traders should focus on: the release of the U.S. Producer Price Index (PPI) data and the publication of the latest U.S. Jobless Claims. Both reports will be released at 1:30 p.m. GMT. These data can potentially deepen the short-term bearish trend in EURUSD. However, if PPI figures come out below expectations, EURUSD may rally above 1.07500.
by skarantraderq
EURUSD FORCAST FOR 16TH FEB,2023Please pay attention to the following levels and trade set up before opening any position. 15th Feb DH- 1.07445 DL- 1.06624 16TH FEB PIVOT - 1.0697 R1- 1.0734, S1- 1.0650 R2- 1.0781, S2- 1.0529 R3- 1.0865, S3- 1.0529 * Pivot needs to be broken in the upward direction to target R1 1.0734 and 1.07445 * Return to 1.07 level shows a bullish behavior * If the Pivot is not broken then it can come down to S1 1.0650. * Levels below 1.06 shall be avoided and it may cause major sell off. * Breakthrough above 1.0734 would give a bull run to 1.07402 and 1.07410. * A move above 1.07402 would give a bullish signal and can touch R2 1.0781 * Failure to break 1.07402 in the upward direction can bring it down to S1 1.0650 Please support our work by Liking , Following and sharing the Ideas. Thanks
Long
by skarantraderq
EURUSD Forcast for 15th Feb,2023As a result of CPI, EURUSD touched the 1.08 level on 14th Feb but there was a strong resistance and hence it fell down almost 800 Pips. For a proper trade set up please keep in mind the following levels. 14th Feb DH - 1.08044 DL - 1.07072 15th Feb Pivot - 1.0749 R1- 1.0792, S1- 1.0694 R2- 1.0847, S2- 1.0651 R3- 1.0945, S3- 1.0554 * EURUSD should break the pivot in the upward direction to target 1.0792 and 1.08044 * A return to 1.0750 will mark a bullish behavior * If the Pivot is not broken in the upward direction then we can see a fall to 1.0694 * If the price reaches 1.0650 level then it would probably limit the sell off . * If the price moves above 1.07438 and 1.07527 then it could give a bull run to 1.07762 and 1.0792 * If it is unable to break 1.07438 then it can come down to 1.0694 If you like our analysis then please Share, Like & Follow US as it highly Motivates us to work harder. Also if you want us to analyses on any other Pairs please feel free to Inbox for leave us a comment. Thanks
Long
by skarantraderq
EURUSD Forcast for 14th Feb,2023The instrument has finally given up on the bearish scale and now have started showing Bull Trend. Following are some of the levels which needs to be kept in mind while trading today. 13th Feb - DH - 1.07299 DL - 1.06555 14th Feb PIVOT - 1.0701 R1- 1.0747, S1- 1.0673 R2- 1.0776, S2- 1.0627 R3- 1.0850, S3- 1.0552 * EURUSD should avoid going below the pivot , so that it can target R1 1.0747 * A move above 1.07299 would signal a bullish session. * If it falls through the Pivot then it can go down to S1 1.0673 * To avoid extra sell off it should avoid levels below 1.06 * A move above 1.07438 and 1.0747 would give a bull run to 1.07553 and 1.0776 * Failure to break 1.07438 level in the upwards direction would bring EURUSD down to 1.0673 If you love our work please support us by liking and Sharing it. Thanks
Long
by skarantraderq
EURUSD Forecast for 13th Feb The instrument still lacks a major Bull Party but have started showing some mild bullish behavior. Please watch out for the of the important levels for a proper trade set up. Last Trading Session DH - 1.07527 DL - 1.06661 Today's Level PIVOT - 1.06980 R1- 1.0731 , S1- 1.0644 R2- 1.0785, S2- 1.0612 R3- 1.0871, S3- 1.0525 * The instrument needs to break the pivot in the upward direction to target the first major resistance of 1.0731 and 1.07527. * A return to 1.07 level would signal a bullish behavior. * If the Pivot is not broken in time then we can see a slide to 1.0644. * Should avoid levels below 1.06 for a major sell off. * However if a major sell of comes then reaching 1.06120 level would limit it. * An upward move through 1.0731 and 1.07467 could give a bull run to 1.07708 & 1.0785 * Failure to break 1.07467 level could give a downward move to 1.0644 If you like our work please encourage us by liking it. Thanks
Long
by skarantraderq
EURUSD Price Forecast 10th Feb 2023The instrument is highly going on a range bound process with a lot of volatile in nature . Some major news today can add to the volatility. Please look for the following levels for a good trade set up. 9th Feb DH - 1.07908 DL - 1.07089 10TH FEB Pivot - 1.07460 R1- 1.07820 , S1- 1.07000 R2- 1.08280, S2- 1.06630 R3- 1.09100, S3- 1.05810 * Needs to break the pivot upward to target R1 1.0782 and 1.07908. * A move above 1.0750 will signal bullish behavior. * If Pivot is not broken then downward move to S1- 1.0700 * S2 1.0663 should limit the sell off * If 1.07502 is broken then we can see a bull run to 1.07820 and 1.07982 and 1.08038
Long
by skarantraderq
EURUSDHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full 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. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. AUDUSD with smart money concept Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit day guys
Short
by Bexi03
EURUSDThe EURO DOLLAR seems to be bullish in the short term, buyers has been pushing up and they wanted to reach the resistance around 1.0600 which is falling trendline resistance. Currently the price is trading within horizontal resistance which is now acting as support, around the resistance and price is testing the breakout, there's raising trendline, and bullish flag printed there, all those signs signaled for bullish continuation to the 1.0600 resistance for the pullback. However trading below the horizontal resistance may signal for bearish movement. But we look ahead to fundamental aspects, dollar is being more weak for FED's pivot and expectation to halt for increment of interest rates.
Long
by CELGIB_TRADING