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The eurozone will release core inflation rate The eurozone will release the core inflation rate based on the Harmonized Index of Consumer Price (HICP). The index tracks changes in the prices of goods and services customers buy in all eurozone countries. The report is important because the European Central Bank (ECB) will consider the data when deciding on its...

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The EUR/USD needs to move through the $1.0597 pivot to target the First Major Resistance Level (R1) at $1.0621 and the Tuesday high of $1.06453. A return to $1.06 would signal a bullish session. However, the EUR/USD would need the stats and the ECB chatter to support a breakout session. In the case of an extended rally, the bulls will likely test the Second Major...

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The EUR/USD needs to avoid the $1.0587 pivot to target the First Major Resistance Level (R1) at $1.0642. A move through the Monday high of $1.06199 would signal a bullish session. However, the EUR/USD would need the stats and the ECB chatter to support a breakout session. In the case of an extended rally, the bulls will likely test the Second Major Resistance...

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As mentioned earlier - It had a perfect breakout .

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The EUR/USD needs to move through the $1.0565 pivot to target the First Major Resistance Level (R1) at $1.0594 and the Friday high of $1.06143. A return to $1.06 would signal a bullish session. However, the EUR/USD would need the stats and the ECB chatter to support a breakout session. In the case of an extended rally, the bulls will likely test the Second Major...

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You can easily see in the video that we are having a falling edge pattern both on 3 hours and 4 hours time frame. Hold on to your positions and dont go short.

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We can easily see the formation of Falling Wedge on 4hours and 3 hours Time Frame. EURUSD has touched its First support and lets hope it respects and repels it from here.

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EURUSD dropped by almost 0.06% as inflation fears increased due to Fed's latest statements. Possible effects for traders Today, Germany will release the second assessment of Q4 GDP and the GFK Consumer Sentiment Index. Another important event is the U.S. PCE report for January. Overall, the Fed seems ready to continue further rate hikes, supporting the U.S....

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The EUR/USD needs to avoid a fall through the $1.0600 pivot to target the First Major Resistance Level (R1) at $1.0623 and the Thursday high of $1.06278. A return to $1.0620 would signal a bullish session. However, the EUR/USD would need today’s stats and the ECB chatter to support a breakout session. In the case of an extended rally, the bulls will likely test...

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We can clearly see a formation of Falling Wedge . We can expect a breakout soon enough. Provided that EURUSD respects the Chart Formation

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The EUR/USD needs to move through the $1.0660 pivot to target the First Major Resistance Level (R1) at $1.0682 and the Tuesday high of $1.06983. A return to $1.0680 would signal a bullish session. However, the EUR/USD would need today’s stats and the Fed minutes to support a breakout session. In the case of an extended rally, the bulls will likely test the Second...

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EUR/USD ANALYSIS Better than expected EZ PMI and ZEW economic sentiment aren’t enough to hold back risk-off environment. Falling wedge in play which could point to subsequent upside to come. EURO FUNDAMENTAL BACKDROP The European trading session kicked off in a positive light this Tuesday from an economic standpoint; beginning with eurozone PMI data (see...

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Its having a lot of selling pressure and due to some dumb reasons bulls are not stepping in. It was very much hilarious to see how it kept on bouncing from 1.07 level. Anyways please keep in mind the following levels for any trade set up today. 20th Feb DH - 1.07045 DL- 1.06701 21ST FEB PIVOT - 1.0686 R1-1.0703, S1- 1.0668 R2-1.0721, S2- 1.0652 R3- 1.0755,...

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Today we may see a small correction and then again a rally into a Bull Section. Please pay attention to the mentioned levels for any trade set up. 18th Feb DH - 1.06986 DL - 1.06126 20TH FEB,2023 R1- 1.0724, S1- 1.0638 R2- 1.0754 R3- 1.0840, S3 - 1.0583 The EUR/USD needs to avoid a fall through the $1.0668 pivot to target the First Major Resistance Level (R1)...

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The 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%....

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Please 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...

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As 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...

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The 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...