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U.S. DOLLAR / EURO REFERENCE RATE

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EUR/USD stays below 1.0400 after Trump's tariff commentsThe EUR/USD pair is currently facing strong selling pressure, trading around the 1.0380 level during the Asian session on Tuesday, after partially recovering from recent losses. The Euro continues to be negatively impacted by expectations of a dovish stance from the European Central Bank (ECB). The market expects the ECB to continue cutting interest rates by 25 basis points in upcoming policy meetings, due to concerns over the Eurozone's economic outlook and low inflation. These expectations are further reinforced by the belief that inflation in the Eurozone will remain stable near the ECB's 2% target, while uncertainty surrounding US trade policies is increasing. Technically, key support levels for EUR/USD are at 1.0260 and 1.0180, with a strong resistance level at 1.0410. If EUR/USD fails to hold above these support levels and breaks through them, the downtrend may continue, with the next target potentially being 1.0100. Traders may consider selling if the pair continues to decline and fails to break the resistance level at 1.0410. A sell entry could be placed at 1.0400, with profit targets at 1.0260 and 1.0180. Be sure to set a reasonable stop loss (SL) at 1.0450 to protect the account in case of an unexpected market reversal. In conclusion, with the combination of bearish fundamentals and technical signals, EUR/USD may continue its downtrend if it breaks the key support levels of 1.0260 and 1.0180. Traders should pay close attention to these levels for potential selling opportunities.
by Brigi_ta
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD EUR/USD DAILY OUTLOOK - JAN 21, 2025** **Market Pulse** The EUR/USD pair is currently exhibiting a bearish trend, influenced by a strengthening U.S. dollar. This is largely due to increased market optimism about the U.S. economy under President Donald Trump's second term, with currency speculators holding the most bullish stance on the dollar since 2016. **Key Levels** - **Resistance:** 1.04180 (VWAP of January 7th), 1.03800 (Value Area Low of January 7th) - **Support:** 1.03150 (Value Area Low of January 3rd), 1.02835 (Point of Control of January 1st) **Technical Signals** - **Trend:** The pair remains in a bearish trend, with the 20 EMA acting as a significant resistance level. - **RSI:** The Relative Strength Index indicates selling pressure, aligning with the bearish outlook. - **MACD:** The Moving Average Convergence Divergence suggests continued downward momentum. **Global News Impact** - **U.S. Dollar Strength:** Funds have started the Trump 2.0 era with the most bullish outlook on the dollar since 2016, driven by expectations of a stronger U.S. economy and higher interest rates. - **Trade Policies:** President Trump's discussions on potential tariffs, including those on Canada and Mexico, have contributed to the dollar's rebound. **Market Sentiment** Despite the bearish technical indicators, market sentiment shows a mix of positions, with some traders anticipating potential rebounds. **Trade Recommendation** Given the prevailing bearish trend, a **sell** position is recommended. - **Entry Point:** Around 1.0350, near the resistance level. - **Take Profit (TP):** 1.0280, aligning with the support level. - **Stop Loss (SL):** 1.0385, just above the resistance to mitigate risk. **Risk Management** This setup offers a favorable risk-reward ratio. Ensure that your position size aligns with your risk tolerance and account management strategy. **Conclusion** The EUR/USD pair is currently under bearish pressure due to a strengthening U.S. dollar and market optimism about the U.S. economy. Technical indicators support a sell position, with key levels identified for entry, take profit, and stop loss. *Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.*
Long
by FX_MONSTER_EURUSD
EUR/USD regained the 1.0300 level ahead of Trump's inaugurationDuring the European session on Monday, EUR/USD regained the 1.0300 level, benefiting from market optimism and a weakening US dollar. Investors are currently preparing for the inauguration of President-elect Donald Trump, which has boosted positive sentiment and led to a decline in the greenback. The market's focus on important political and economic events has created an opportunity for the Euro to recover. From a technical perspective, the pair is maintaining an uptrend, with strong support at 1.019. If the price pulls back towards this support level, it could present a buying opportunity. On the other hand, the key resistance level is at 1.032, where the price might face strong resistance. If EUR/USD manages to break through this resistance, the pair may continue its upward trend towards higher levels. Traders should closely monitor price action around the support level of 1.019 and the resistance at 1.032. A breakout through these levels could signal clear buy or sell opportunities depending on the market's next move. Key Levels to Watch: Support: 1.019 Resistance: 1.032 Trading Strategy: Stop Loss (BUY): 1.018 Take Profit (BUY): 1.035 Always keep a close eye on market developments and apply sound risk management strategies to optimize profits and minimize losses. Good luck with your trading!
by Brigi_ta
EURUUSD NEXT POSSIBLE MOVE SAXO:EURUSD ### 🌟 **EUR/USD DAILY OUTLOOK - JAN 20, 2025: BEARS MAINTAIN PRESSURE** 🔥 **Market Pulse** The EUR/USD pair continues to slide as the US Dollar strengthens on hawkish Federal Reserve sentiment and weak Eurozone data. Global geopolitical tensions and trade uncertainties further weigh on the Euro. --- ### **SELL ENTRY POINTS** **Entry Levels:** - **Sell Limit:** 1.0320 (Resistance zone) - **Sell at Market:** 1.0285 (current bearish confirmation) **Target Levels:** - **Take Profit 1 (TP1):** 1.0250 - **Take Profit 2 (TP2):** 1.0225 **Stop Loss:** - **Above Resistance:** 1.0345 --- ### **Key Technical Signals 🔍** - **Trend:** Strong downside momentum. - **RSI:** Below 45, indicating bearish strength. - **MACD:** Expanding negative momentum. - **EMA:** Price remains below the 20 and 50 EMAs, confirming the bearish trend. --- ### **Market Sentiment 📊** - **Forex Client Sentiment:** 58% long, 42% short. - **Myfxbook Sentiment:** 68% long, 32% short. - **Dukascopy Sentiment:** Reflects strong selling pressure. --- ### **Risk-Reward Ratio:** - **1:2** for cautious traders. - **1:3** for extended bearish targets. --- Monitor for additional bearish signals before entering. Let me know if you'd like further assistance or adjustments to the analysis!
Short
by FX_MONSTER_EURUSD
EURUSD Let's dive into the analysis of this EUR/USD trading chart. Here's what I'm seeing: 1. **Price Action**: The main chart displays the daily price movements of the EUR/USD currency pair. The candlesticks reflect the opening, closing, high, and low prices for each day. 2. **Downtrend**: There are purple dashed trendlines forming a downward channel, indicating a bearish trend. The "Lower Highs" (LH) annotations confirm this bearish sentiment. 3. **Volume**: The volume bar chart below the price chart shows the trading volume for each day. Higher volume bars on down days can confirm bearish pressure. 4. **Stochastic Oscillator**: This indicator at the bottom shows that the blue line is at 42.89 and the orange line is at 41.22. These values suggest that the market is neither overbought nor oversold but is closer to the middle range. 5. **Key Price Levels**: - **Current Price**: 1.02881, with a slight decrease of 0.08%. - **High**: 1.12138 - **Low**: 1.01694 - **Bid**: 1.02879 - **Ask**: 1.02886 6. **Highlighted Area**: The green and red boxes highlight a potential trade setup, with suggested entry, stop-loss, and take-profit levels. This setup could be a good opportunity if you believe the bearish trend will continue or reverse. Overall, the chart suggests a bearish trend with some potential trading setups. Keep an eye on the volume and stochastic oscillator for signs of any potential reversals. If you need any more detailed analysis or have questions about specific parts of the chart, feel free to ask!
Long
by EquityGainer
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD As of January 17, 2025, the EUR/USD pair is exhibiting bearish tendencies, suggesting potential selling opportunities. **Market Pulse** The Euro continues to face downward pressure against the US Dollar, influenced by strong US economic data and a hawkish stance from the Federal Reserve. Additionally, the Eurozone's economic challenges and geopolitical uncertainties contribute to the Euro's weakness. **Key Levels** - **Resistance:** 1.0375 (intraday), 1.0405 (key resistance zone). - **Support:** 1.0200 (immediate support), 1.0175 (target for further decline). **Technical Signals** - **Trend:** Bearish momentum is evident, with a clear downward bias. - **RSI:** Approaching oversold territory, indicating strong selling pressure. - **MACD:** Negative momentum increasing, supporting the bearish outlook. - **EMA:** Price is trading below the 20 and 50 EMAs, confirming the downtrend. **Global News** - **US Economic Data:** Robust US economic indicators continue to bolster the USD. - **Eurozone Outlook:** Economic indicators suggest sluggish growth, adding pressure on the Euro. - **Geopolitical Tensions:** Ongoing uncertainties contribute to market volatility, favoring safe-haven currencies like the USD. **Market Sentiment** - **Forex Client Sentiment:** 60% long, 40% short. - **Myfxbook Sentiment:** 70% long, 30% short. - **Dukascopy Sentiment:** Predominantly long positions in EUR/USD. - **FOREX.com Sentiment:** 65% net long, 35% net short. - **Note:** Despite the bearish technical indicators, market sentiment remains bullish, which could act as a contrarian indicator, suggesting potential for further downside. **Your Move** Given the current bearish momentum, consider selling opportunities near resistance levels, targeting the support zones. How do you plan to position yourself in today's market? Share your strategy!
Short
by FX_MONSTER_EURUSD
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD Here's the latest analysis for EUR/USD as of January 16, 2025: **EUR/USD DAILY OUTLOOK - JAN 16, 2025: BEARS REGAIN CONTROL** 🔥 **Market Pulse** The EUR/USD pair has shifted to a bearish stance today. The Euro is under pressure due to a strengthening US Dollar, bolstered by recent US economic data and a hawkish stance from the Federal Reserve. Geopolitical tensions and global trade uncertainties continue to weigh on market sentiment, favoring the USD. **Key Levels 🚀** - **Resistance:** 1.0335 (intraday), 1.0405 (key resistance zone). - **Support:** 1.0245 (immediate support), 1.0125 (target for further decline). **Technical Signals 🔍** - **Trend:** Bearish momentum is evident, with a clear downward bias. - **RSI:** Approaching oversold territory, indicating strong selling pressure. - **MACD:** Negative momentum increasing, supporting the bearish outlook. - **EMA:** Price is trading below the 20 and 50 EMAs, confirming the downtrend. **Global and SAARC News 🌐** - **US Economic Data:** Recent reports indicate a robust US economy, strengthening the USD. - **Eurozone Outlook:** Economic indicators suggest sluggish growth, adding pressure on the Euro. - **SAARC Focus:** Regional markets remain cautious amid global economic uncertainties. **Billionaire Mindset 💡** "In times of market uncertainty, strategic positioning and risk management are key to success." **Market Sentiment 📊** - **Forex Client Sentiment:** 60% long, 40% short. - **Myfxbook Sentiment:** 70% long, 30% short. - **Dukascopy Sentiment:** Predominantly long positions in EUR/USD. - **FOREX.com Sentiment:** 65% net long, 35% net short. - **Note:** Despite the bearish technical indicators, market sentiment remains bullish, which could act as a contrarian indicator, suggesting potential for further downside. **Your Move 🤔** Given the current bearish momentum, selling opportunities may be considered near resistance levels, targeting the support zones. How do you plan to position yourself in today's market? Share your strategy!
Short
by FX_MONSTER_EURUSD
EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Short
by tradergyan01
EURUSD NEXT POSSIBLE MOVEHere’s a detailed description for today’s extended bearish view in EUR/USD: --- ### **Title** *"EUR/USD Intraday Outlook: Selling Pressure Persists | Dollar Strength Prevails"* #### **Market Context** *"EUR/USD continues its downward journey as bearish momentum dominates for another session. A stronger U.S. dollar, supported by hawkish Fed expectations and robust economic data, keeps the pair under pressure. Weak Eurozone sentiment adds to the bearish outlook."* #### **Technical Analysis** *"Today's sell view is backed by key technical signals: - **Trend Structure**: A series of lower highs and lower lows reaffirms the ongoing downtrend. #### **News Context** *"Upcoming: U.S. JOLTS Job Openings and Eurozone Retail Sales are key events to watch. Previous: Strong U.S. Consumer Confidence and hawkish Fed rhetoric continue to weigh on EUR/USD."* #### **Call to Action** *"Can EUR/USD break below key support, or will buyers emerge to halt the sell-off? Share your trading setups and views below!"*
Short
by svignesh7043
EURUSD Next possible move SAXO:EURUSD Here’s a detailed description for today’s bearish outlook in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Bearish Pressure Returns | Sellers Regain Control"* #### **Market Context** *"EUR/USD faces renewed selling pressure as the U.S. dollar strengthens on the back of improving risk sentiment and rising U.S. Treasury yields. Traders remain cautious ahead of key economic data releases."* #### **Technical Analysis** *"Today's sell momentum is backed by: - **Trend Structure**: Formation of lower highs and lower lows confirms the downtrend. - **EMA Dynamics**: Price has fallen below the 20 and 50 EMAs, indicating a shift to bearish momentum. - **RSI**: Dropping below 50, signaling increasing selling pressure. - **MACD**: Negative divergence with widening histogram bars supports the bearish outlook. Key Levels: - **Support**: 1.0575 (immediate target), 1.0550 (critical support). - **Resistance**: 1.0610 (intraday), 1.0635 (key resistance). A move above 1.0635 would weaken the bearish case."* #### **News Context** *"Upcoming: U.S. Pending Home Sales data and Eurozone CPI are expected to provide direction later in the session. Previous: Weak Eurozone sentiment indicators added to the pair's downside pressure yesterday."* #### **Call to Action** *"Will EUR/USD break below key support levels, or will buyers reemerge to defend critical zones? Share your thoughts and trade setups below!"* --- Let me know if this meets your expectations or if you need further refinements!
Short
by FX_MONSTER_EURUSD
EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"* #### **Market Context** *"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."* Two conform breaking line 1) @ 1.0445 2) @ 1.04565 TP @ 1.5247 SL @ 1. 03809 #### **News Context** *"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics. Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."* #### **Call to Action** *"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"* --- Let me know if this works or if you’d like further adjustments!
Long
by svignesh7043
EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"* #### **Market Context** *"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."* Two conform breaking line 1) @ 1.0445 2) @ 1.04565 TP @ 1.5247 SL @ 1. 03809 #### **News Context** *"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics. Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."* #### **Call to Action** *"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"* --- Let me know if this works or if you’d like further adjustments!
Long
by svignesh7043