EURUSD BUYMarket now breakout the box pattern, It's time to buy opportunity. Target expect @1.1008Longby PRAKASHNEPA2
EURUSD Breakout Predicts Massive Gains Ahead - Get Ready for a WTECHNICAL ANALYSIS PRICE ACTION : EURUSD has been trading in an upward trend since the beginning of November 2023. The recent breakout on Hourly Timeframe from a strong resistance at 1.08850 suggests that the upward trend may continue. The pair is currently closed at 1.0900 level. MOVING AVERAGES: The 50-day and 200-day moving averages are both sloping upwards, confirming the bullish trend. The 50-day moving average is currently above the 200-day moving average, which is a bullish signal. SUPPORT AND RESISTANCE: The immediate support level for EURUSD is located at 1.08900, while the immediate resistance level is located at 1.09500. A break above 1.0900 could further confirm the bullish trend. INDICATORS: The Relative Strength Index (RSI) is currently hovering around 52, indicating bullish momentum. A move above 55 would suggest even stronger bullish momentum. FUNDAMENTAL ANALYSIS ECONOMIC DATA: Recent economic data releases from the Eurozone and the United States have been mixed. The Eurozone's GDP growth rate has slowed, while the US economy has shown signs of resilience. This could lead to a divergence in monetary policy between the two regions, which could support EURUSD INTEREST RATES: The European Central Bank (ECB) is expected to continue raising interest rates to combat inflation. The Federal Reserve is also expected to raise rates, but at a slower pace than the ECB. This differential in interest rates could support EURUSD. GEOPOLITICAL FACTORS: The ongoing war in Ukraine and the associated sanctions on Russia continue to weigh on the global economy. However, these geopolitical uncertainties have not dampened the bullish sentiment for EURUSD. TRADE OPPORTUNITY Based on the Fundamental and Technical a long entry could be considered after a break above 1.0900, with a target of 1.09448 , 1.10155 respectively and a stop-loss below 1.08800 . Longby ManojBakale4
buy eur/usdit is currently in a uptrend and respecting every breakout of trading range so here is the planLongby jadhaodipak9990
EURUSD hovers around key resistance, focus on ECB’s LagardeEURUSD appears all-set for the weekly gain even if a three-month-old descending resistance line and the overbought RSI (14) restrict the pair’s immediate upside. It’s worth noting that the bullish MACD signals and the quote’s successful trading above the key Fibonacci retracement ratios, as well as the SMAs, keep the buyers hopeful. That said, the 61.8% and 50% Fibonacci retracement levels of the Euro pair’s August-October downside, respectively near 1.0830 and 1.0755, initially test the bears before directing them toward the 50-SMA 1.0745. It’s worth noting that the 200-SMA level of around 1.0620 acts as the final defense of the buyers, a break of which will make the pair vulnerable to a drop to the previous monthly low of 1.0450. Alternatively, a downward-sloping resistance line from mid-August, around 1.0885-90, appears a tough nut to crack for the EURUSD bulls as they await European Central Bank (ECB) President Christine Lagarde’s speech. Following that, tops marked on August 30 and 15, close to 1.0945 and 1.0955, will act as additional upside filters before directing the Euro bears toward the 1.1000 round figure and then to the August month’s top of near 1.1065. In a case where the major currency pair remains firmer past 1.1065, the odds of witnessing a run-up toward the yearly high of near 1.1275, marked in July, can’t be ruled out. Overall, EURUSD remains on the bull’s radar even if the upside room appears limited ahead of a speech from ECB’s Lagarde. That said, Lagarde is likely to defend the Euro bulls by being hawkish but a reference to the economic hardships and recently easy inflation numbers might allow the pair traders to consolidate weekly gains.by MTradingGlobal0
USD exchange rate today November 17: Slight decreaseThe dollar traded steadily again as information on the US unemployment situation revised expectations for Fed rate cuts. Domestically, some banks this morning lowered their US dollar transaction rate from VND5 to VND20. The dollar had fallen further after weaker-than-expected consumer price data raised concerns among many that inflation was slowing rapidly toward the Fed's 2% target. But the U.S. dollar rallied as markets grappled with uncertainty over when the Fed would cut the federal funds rate to 5.25% to 5.5% (which remains capped). For economic growth.Shortby TrategySherpa1
#EURUSD#EURUSD Short term sell possible DXY have big gap still the market not filled. Until this scenario completed after market will reach buy. Points Sell @1.08500 Tp @ 1.07300 Take 1% risk on every trade All the best. Shortby Ar-Traders7710
EURUSDDear Friends See the XAUUSD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel forget the Instant Notification of Every New Analysisby FXGLOBEX7
eruusd . duble top and may be bearsh upto next support may eruusd retest support 1.08059-1.07980. eruusd retest may test 20ema 4hr time frame by nrnoni050
#EURUSDDear Friends See the EURUSD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel for get the Instant Notification of Every New Analysis by FXGLOBEXUpdated 13
selling idea in eur/usdas per analysis f2 figure will follows history data which is f1 so here is the planShortby jadhaodipak9990
EURUSD Short idea-The price inside the channel is not improving, and again, retrace the downside. - The price was rejected from the same supply zone and is now headed to the downside. The next demand zone is 1.06200-1.05900 -Every bounce is a selling opportunity. Shortby PRIMERONIN2
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. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Shortby okako_trading2
EURUSD continues downward Recent price action has been printing LH and LL and also about forming a head shoulder pattern in the 15M TF showing a short at the opening of the market... Price might reverse at the 62% fib. level in the 15M but not untill it breaks above 50% / 38% fib. level aggressively then we look for a long to the previous HH. Short19:42by eissygreg5
EURUSD weekend, long -term analysisHello everyone! EUR/USD is facing downward pressure and has dropped below 1.0700 during Thursday's trading session in the US. The currency pair remained relatively quiet at the start of Friday, while technical prospects indicate a slight downward trend. From the 4-hour chart, we can observe that EUR/USD has extended its upward trend, but a completed 5-wave Elliott pattern suggests a potential price decline followed by an expected price rebound.by Samson-FXUpdated 7
EURUSD: Is there still motivation to increase prices?The EUR/USD pair is extending its sideways consolidation trend in Tuesday's trading session and is trading below the 1.070 level. However, the price is still attempting to hold above the 1.0700 level and is dependent on the price dynamics of the US Dollar (USD). The US Dollar Index (DXY), which tracks the greenback against a basket of currencies, has rebounded from nearly an 8-week low overnight and turned out to be a key resistance factor for the EUR/USD pair. Officials from the Federal Reserve have provided mixed signals about the future interest rate hike path, leading to an increase in US Treasury bond yields on Monday and prompting some short-term positioning in USD. On the 4-hour chart analysis: EUR/USD has just surpassed the resistance at 1.068 and, according to price action principles, is currently in the process of retesting the previous breakout zone and testing the EMA line. If favorable, EUR/USD may continue to find support at this level and further develop. On the other hand, breaking below the current support level could push EUR/USD back to a lower figure estimated at 1.060.by Samson-FXUpdated 5
Eur-Usd buying levelscurrently price is not in good place to make long trades we have one medium time frame resistance and two bearish order block coming in way let the price pullback to the level of 1.0575 & 1.05180 for long initating and can have the target of 1.07800 with good risk to rewards Longby Jimmy_Rebello0
EURUSD edges higher within bear flag, central bankers eyedEURUSD consolidates the previous losses within a six-week-old rising channel, forming part of a multi-day-long bearish flag chart formation, currently between 1.0760 and 1.0590. It’s worth noting that the firmer RSI (14) line, not overbought, joins the bullish MACD signals to favor the Euro pair’s further recovery towards the 1.0760. However, a convergence of the 100-SMA and the 200-SMA, around 1.0800, appears a tough nut to crack for the bulls afterward. In a case where the quote remains firmer past 1.0800, the bearish bets will be off the table and will enable the buyers to challenge the late August swing high of around 1.0950. Meanwhile, the 50-SMA level of around 1.0620 acts as an immediate downside support to watch during the EURUSD pair’s fresh downside. Following that, the stated bearish flag’s bottom line of near 1.0590 will be crucial as a break of which will theoretically confirm the pair’s gradual fall toward the sub-1.000 region. However, the yearly low marked in October around 1.0445 and the August 2022 peak of around 1.0380 could test the Euro bears on their way. Overall, the EURUSD is likely to remain in the recovery mode but the upside room appears limited. That said, today’s speech from the European Central Bank (ECB) President Christine Lagarde and Fed Chair Jerome Powell will be crucial to watch for clear directions.by MTradingGlobal5
EURUSD Prediction Analysis 8 Novas per the previous analysis EURUSD took support from the 1-D TF but right now it's trading on 200 EMA Resistance level. EURUSD moving in the Rising Wedge unless it breaks to upside it is supposed to move inside the rising wedge. Reason : 200 EMA Resistance upside. RSI is 40-60 Range Seems Sideways. 4H TF downside seems to provide a good support zone. Price > EMA(13,50,200) 4H-TH Moving in Rising Wedge Verdict : Partially Bullish in Rising Wedge Plan of Action : Buy when it takes support to downside. by finnova_8
EURUSD Longwe can plan a long trade as eurusd is at 1 hr golden zone and it is forming a double bottom on 15mins at golden zone. long after the break of neckline.Longby tgsanalytics1
EURUSD returned to a strong price increase?Hello everyone, EURUSD has experienced a significant increase in the previous week, with a price surge surpassing the 1.070 level. It is currently trading at a new high of 1.072, the strongest increase since mid-June. Regarding the influencing factors: The daily market drivers for this currency pair include the general weakness of the USD due to the Federal Reserve (Fed) changing its stance towards a more accommodative approach, hinting that they may end the tightening cycle on Wednesday. As a reaction, US Treasury bond yields dropped to their lowest level since September, with 2.5 and 10-year bond yields decreasing to 4.84, 4.50, and 4.57%. This has added selling pressure on the Greenback and provided a significant advantage for the EURUSD pair, aiding its recovery. Regarding the new prospects for EURUSD: On the 1D chart, EURUSD is currently receiving strong support at the 1.05 level. Breaking below this level would lead to a considerable price decrease, while maintaining this level would result in a price increase. Upon careful observation, it can be seen that the currency pair has surpassed the resistance level at 1.07. Both short-term and medium-term prospects indicate a strengthening upward trend. Personally, I believe that EUR will continue to experience a strong upward movement.by Samson-FXUpdated 5
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. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading10