EURUSD looks Bearish for 28 march 2023for last few days Euro is bearish and lower levels are indicated in cart for target - 1.08 and 1.07850 on down side, will it happen this week needs to watchedShortby venkatfx0
EUR/USD to Target $1.09 on Easing Bank Jitters and ECB ChatterThis morning, the EUR/USD was up 0.13% to $1.08107. A mixed start to the day saw the EUR/USD fall to an early low of $1.07949 before rising to a high of $1.08195. The First Major Resistance Level (R1) at $1.0817 capped the upside. The EUR/USD needs to avoid a fall through the $1.0781 pivot to retarget the First Major Resistance Level (R1) at $1.0817 and the morning high of $1.08195. A move through the morning high would signal a bullish session. However, the EUR/USD needs hawkish ECB chatter and better-than-expected business survey numbers to support a breakout session. In the case of an extended rally, the bulls will likely test the Second Major Resistance Level (R2) at $1.0836 and resistance at $1.0850. The Third Major Resistance Level (R3) sits at $1.0891. A fall through the pivot would bring the First Major Support Level (S1) at $1.0761 into play. However, barring a data-fueled sell-off, the EUR/USD pair should avoid sub-$1.07. The Second Major Support Level (S2) at $1.0725 should limit the downside. The Third Major Support Level (S3) sits at $1.0670. Looking at the EMAs and the 4-hourly chart, the EMAs send bullish signals. The EUR/USD sits above the 50-day EMA ($1.07576). The 50-day EMA pulled away from the 100-day EMA, with the 100-day EMA widening from the 200-day EMA, delivering bullish signals. A hold above S1 ($1.0761) and the 50-day EMA ($1.07576) would support a breakout from R1 ($1.0817) to give the bulls a run at R2 ($1.0836) and $1.0850. However, a fall through S1 ($1.0761) and the 50-day EMA ($1.07576) would bring S2 ($1.0725) into play. A fall through the 50-day EMA would send a bearish signal. Longby skarantraderq1
Inflation of US. Scenarios for friday.DISCLAIMER: By viewing any material or using the information contained on this publication, you agree that it is general educational material and will not hold anyone responsible for loss or damage resulting from the content provided here by "Watch My Trading". The futures, forex and CFD markets offer great potential rewards and, in turn, great potential risk. You must be aware of the risks and be willing to accept them in order to invest. Do not trade with money that you cannot afford to lose. This publication is neither a solicitation nor an offer to buy/sell any financial instrument. Please note that any advice provided by Watch My Trading is unique and may not be suitable for everyone. EURUSD below 1.08 I prefer short strategies. Today market pushed for buyers but yet not enough buy power above 1.08. Shorts at 1.0790 to 1.0780 and extentions. Above 1.08 buyers to 1.0830 levels. GBPUSD below 1.23 I prefer short strategies. Today market is holding on buy but still no enough to change to buy strategies. Sellers below 1.2280 to 1.2270. Sellers at 1.2260 to 1.2250. Stretegy changes for buyers above 1.23 to TP 1.2320. USDCAD above 1.3650 market is at buy prices for 1.37 targetShort03:55by watchmyTrading0
EURUSD 27TH MARCH FORECAST The EUR/USD needs to avoid a fall through the $1.0770 pivot to target the First Major Resistance Level (R1) at $1.0828. A return to $1.08 would signal a bullish session. However, the EUR/USD needs hawkish ECB chatter and better-than-expected business survey numbers to support a breakout session. In the case of an extended rally, the bulls will likely test resistance at the Friday high of $1.08386 but fall short of the Second Major Resistance Level (R2) at $1.0896. The Third Major Resistance Level (R3) sits at $1.1022. A fall through the pivot would bring the First Major Support Level (S1) at $1.0702 into play. However, barring a data-fueled sell-off, the EUR/USD pair should avoid sub-$1.0650 and the Second Major Support Level (S2) at $1.0645. The Third Major Support Level (S3) sits at $1.0519. Looking at the EMAs and the 4-hourly chart, the EMAs send bullish signals. The EUR/USD sits above the 50-day EMA ($1.07479). The 50-day EMA moved away from the 100-day EMA, with the 100-day EMA widening from the 200-day EMA, delivering bullish signals. A hold above the 50-day EMA ($1.07479) would support a breakout from R1 ($1.0828) to give the bulls a run at the Friday high of $1.08386 and R2 ($1.0896). However, a fall through the 50-day EMA ($1.0479) would bring the 100-day EMA ($1.07102) and S1 ($1.0702) into play. A fall through the 50-day EMA would send a bearish signal.Longby skarantraderq1
EURUSD MULTI TIME FRAME ANALYSISHello 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 price action 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 ✅Shortby okako_trading6
Protecting Your Mental Health by Prioritizing Risk ManagementIn the world of trading and investing, it's common to hear the phrase "risk management" thrown around. But what exactly does it mean, and why is it so important? At its core, risk management is about protecting yourself from potential losses. This can include setting stop-loss orders, diversifying your portfolio, and carefully analyzing market trends before making trades. And while these practices are certainly crucial for preserving your capital, they're not the only benefits of prioritizing risk management. In fact, one of the most important reasons to focus on risk management is for the sake of your mental and emotional well-being. Trading can be an incredibly stressful and emotional experience, and without a solid risk management plan in place, it's easy to fall prey to anxiety, fear, and even panic. But when you take the time to establish a sound risk management strategy, you're not only protecting your investments - you're also safeguarding your mental health. By having a plan in place, you can make trades with confidence, knowing that you've taken steps to mitigate potential losses. And even if a trade doesn't go as planned, you can take comfort in the fact that you've prepared for the worst-case scenario. Perhaps most importantly, prioritizing risk management can help you achieve long-term success and sustainability in your trading career. By minimizing losses and avoiding rash decisions, you'll be able to build a portfolio that's resilient and capable of weathering the ups and downs of the market. So if you're looking to become a successful trader, don't overlook the importance of risk management. By taking steps to protect your capital and your mental well-being, you'll be setting yourself up for a lifetime of sustainable and profitable trading.Educationby okako_trading111
EUR/USD analysis for the upcoming weekin the last week price action what we saw was market broke some significant structures left open some heavy imbalances and after that retest a 4h supply. so, my idea for this trade is to fill those imbalance and look for trend continuous with confirmation. when market retest the 4h supply selloff heavily broke some key structures downside but I am expecting market continue selling because there is liquidity leading to a 4h demand which I have refined it to 15m. so, I have marked some imbalance supply from where market could possibly reverse. please go with confirmation if you consider executing my idea on this pairShortby Rohit_Fx9
Big picture of EURUSDWhen we analyze EUR USD on weekly chart , The Market structure is in a Long term Downtrend as shown below. The high is 1.258 & the Low is 0.95 Now , Let us analyze the move from 0.95 to 1.1 As you can see , the daily support is @ 1.05 & the resistance is @ 1.1 Now let us see the Four hourly chart 4 hour chart is range bound Now let us go to the Hourly chart by joel-vgUpdated 0
Short EURUSD Target 1.08After Fed data Euro has started falling. EURUSD is in correction and bearish trend today... EURUSD could be bearish for rest of 2023Shortby venkatfx3
longs on EUR/USD near a support, expecting a pullback. alot of fall. a short scalp but overall bearishLongby UstatanandUpdated 1
eurusdeurusd chart have butterfly harmonic pattern eurusd bullish till 1.225-1.312-1.408Longby slkingyogesh2
EURUSD | ANALYSIS | 1DJust my view EURUSD, long if it's taking support, short if the price breaks the supportby fzxzzUpdated 6
Huge Falling Wedge & Double Bottom It's important to note that the behavior of the EURUSD pair can be influenced by a wide range of factors such as global economic conditions, political developments, supply and demand, and market sentiment. Therefore, it's important to do your own research, analyze the market conditions, and consult with a qualified financial advisor before making any investment decisions. However, I can provide an explanation of the chart patterns you mentioned, which are the falling wedge pattern and the double bottom pattern. The falling wedge pattern is a bullish chart pattern that occurs when the price of an asset is trading within a downward sloping channel but with a contracting range. This pattern is characterized by a series of lower highs and lower lows that form two converging trendlines that slope downward. The falling wedge pattern is formed when the price reaches a support level and starts to consolidate, with the lows getting higher and higher while the highs maintain their level, indicating that the sellers are losing momentum. Once the price breaks above the upper trendline of the wedge pattern, it can indicate a trend reversal, and traders may consider buying the asset. The double bottom pattern is also a bullish chart pattern that occurs when the price of an asset forms two distinct lows at approximately the same price level, separated by a high. This pattern is formed when the price reaches a support level, bounces off it, and then falls back to the same level before bouncing again. The double bottom pattern indicates a potential trend reversal, and traders may consider buying the asset. It's important to note that chart patterns are just one of the many tools used by traders to analyze the market, and they should not be relied on exclusively for investment decisions. Additionally, it's essential to use risk management techniques, such as setting stop-loss orders, to limit potential losses if the trade does not go as expected. In summary, the falling wedge and double bottom patterns are bullish chart patterns that can occur in the EURUSD pair or any other asset, and they indicate a potential trend reversal. However, investors should conduct thorough research and analysis and consult with a financial advisor before making any investment decisions based on chart patterns. The FED news can also influence the price of the US dollar, but it's important to keep in mind that market conditions can change rapidly, and it's crucial to constantly monitor the price movements of the asset and adjust investment strategies accordingly.Longby Epic1st1
SHORT EURO USDSHORT EURO USD.UPPER RESISTANCE ARE VERY STRONG.etracements are temporary price reversals that take place within a larger trendShortby rockstaremoakshu3
longs on EUR/USD overall trend bullish , near a support , expecting higher highsLongby UstatanandUpdated 1
EURUSD making bullish flagEURUSD is in in tarend in both 4H and 1 h chart. In up trend is going to form BULISH FLAGE. Once break the flage on upside it may go up. Be carefull as there STRONG RESISTANCE just above at 1.0790-1.0808. One can scalp till that and once break reistance zone thanplay for longLongby jayleela631
EURUSD bulls approach strong resistance area on Fed dayEURUSD stays firmer for the fourth consecutive week as traders prepare for the key Federal Reserve monetary policy meeting on early Wednesday. The major currency pair’s latest run-up could be linked to a successful break of the 200-SMA. However, a 12-day-old ascending triangle can join the overbought RSI and a horizontal area comprising multiple hurdles marked since late January to challenge the Euro buyers between 1.0790 and 1.0805. In a case where the quote rises past 1.0805, the 61.8% Fibonacci retracement of the February-March downturn, near 1.0835, may act as an extra check towards the north before highlighting the 1.0920-30 resistance zone comprising the 78.6% Fibonacci retracement level. Meanwhile, EURUSD bears could stay off the table unless the quote remains above the stated triangle’s support line, around 1.0700 by the press time. Following that, the 1.0570 and 1.0530 levels may act as intermediate stops during the quote’s likely slump toward the monthly low near 1.0515. In a case where the Euro bears dominate past 1.0515, the YTD low marked in January around 1.0480 may act as the last defense of the buyers, a break of which might direct sellers to the November 2022 low surrounding 1.0290. Overall, EURUSD buyers appear to run up out of steam on a crucial day but the bears need validation from 1.0700 and the Federal Reserve both.by MTradingGlobal0
Grabyour seats and book your profits 😌😌😌😌It's will go down side as many will start book profit by routsubrat19960
EURUSD BuyCAPITALCOM:EURUSD EURUSD At 4hr time frame it is in side ways and it taken support at 1.05233 level more than 2 times and my prediction is it give some up side movement. plan your trade accordinglyLongby KalimallaUpdated 119
EUR/USD to Tackle Fed Fear and Eye $1.08 on Easing Bank CrisisIt is a relatively busy day ahead for the EUR/USD. ZEW Economic Sentiment figures for Germany and the Eurozone will draw interest today. Following the collapse of Silicon Valley Bank and Signature Bank (SBNY), economic sentiment figures are likely to weaken. Economists forecast the German Economic Sentiment Index to fall from 28.1 to 17.1 in March, with the Eurozone Economic Sentiment Index to slide from 29.7 to 16.0. This morning, the EUR/USD was down 0.03% to $1.07144. A mixed start to the day saw the EUR/USD rise to an early high of $1.07260 before falling to a low of $1.07096. The EUR/USD needs to avoid the $1.0693 pivot to target the First Major Resistance Level (R1) at $1.0755. A move through the Monday high of $1.07308 would signal a bullish session. However, the EUR/USD would need hawkish ECB chatter and better-than-expected ZEW Economic Sentiment numbers to support a breakout session. In the case of an extended rally, the bulls will likely test the Second Major Resistance Level (R2) at $1.0793 and resistance at $1.08. The Third Major Resistance Level (R3) sits at $1.0892. A fall through the pivot would bring the First Major Support Level (S1) at $1.0655 into play. However, barring a risk-off-fueled sell-off, the EUR/USD pair should avoid sub-$1.06 and the Second Major Support Level (S2) at $1.0593. The Third Major Support Level (S3) sits at $1.0494. Looking at the EMAs and the 4-hourly chart, the EMAs send bullish signals. The EUR/USD sits above the 50-day EMA ($1.06562). The 50-day EMA pulled away from the 200-day EMA, with the 100-day EMA converging on the 200-day EMA, delivering bullish signals. A hold above the 50-day EMA ($1.06562) would support a breakout from R1 ($1.0755) to give the bulls a run at R2 ($1.0793) and $1.08. However, a fall through the 50-day EMA ($1.06562) would bring S1 ($1.0655) and the 200-day ($1.06533) and 100-day ($1.06517) EMAs into play. A fall through the 50-day EMA would send a bearish signal. Longby skarantraderq1
EURUSD HIGH POI ZONE FOR SELLING Check the setup on chart if that kind of setup makes there in LTF 1 MIN OR 5MIN can take entry with small risk.The zone is very high probability zone if market thinks to come downside. ENTRY WILL BE TOUCHES THE UNMITIGATED OB ZONE AND SHOWING CHOCH AND THEN TAKEN LIQUIDITY..Shortby ConsistencyFastlane1
EURUSD FORECAST 22ST MARCH 2023 As per the chart pattern we can easily see that EURUSD is forming a Bearish Pattern On 1 Hour Time Frame. If we take a Short Position now we can easily Achieve a target till 1.06653. PS: If you like our Updates please follow , Share and support us . Also if you want personalized Signals on EURUSD , you can also Message Us here . Thanks Shortby skarantraderq1