Get started

Eurusdforecast

EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. Dollar strengthened after DECEMBER FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So keep an eye on FED UPDATES and US DATA. - Definitely, according to the market structure, EURUSD can go down to the support level of 1.0627 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. After that, EURUSD can go up to 1.1003 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
by benny_marshall
EURUSD 1H: 12/01/2023: Will you see a waterfall? Previous TA is still valid Well, as we expected price rose to near our target and we have liquidity on both sides of the price on the other hand we have Consumer Price Index (CPI) release. So we can expect that price will collect both side liquidity. My view on this chart is bearish. You can see critical zone and levels on the chart. 💡Wait for the update! 🗓️12/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
1
Analysis of the EUR/USD DailyAdditionally, the golden cross occurrence (50-day SMA moving above 200-day SMA) tends to favor bullish traders from a technical perspective. In addition, positive oscillators on the daily chart, which are still far from overbought territory, suggest that the price may continue appreciating in the near term. Hence, some follow-through strength looks like a distinct possibility beyond the 1.0800 mark, toward testing the next relevant hurdle near the 1.0855 regions. For the first time since April 2022, the EUR/USD pair may be able to reclaim the round figure of 1.0900 if the momentum continues. Alternatively, the horizontal zone of 1.0730 now appears to shield the immediate downside ahead of 1.0700. Any further decline is likely to attract fresh buyers and remains contained near 1.0730. 1.0650-1.0645 That said, if the EUR/USD pair fails to defend these support levels, some technical selling may occur, which may result in further weakness below 1.0600. After testing the 1.0540-1.0535 support zone, SPOR prices could descend to the psychological level of 1.0500 and to the monthly low, near 1.0480. The latter should act as a pivotal point, which if broken decisively will shift the near-term bias in favor of bearish traders. With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
by Enclave_fx
The EURUSD needs the positive momentum – Analysis The EURUSD pair fluctuates around the EMA50 that forms good resistance against the price, affected by stochastic negativity that hinders the mission to rise, waiting to get enough positive momentum to push the price to resume the bullish wave that targets 1.0745 as a next main station. Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 1.0515. The expected trading range for today is between 1.0540 support and 1.0700 resistance. The expected trend for today: Bullish
Long
by eltonmorningstar
EURUSD possible reversal!!Currency Pair : EURUSD Possible direction : Short-term Bearish Technical Analysis : After strong bullish move EURUSD is currently forming a reversal to come for a deeper retracement to previous resistance turns support. As the price already reached important level of resistance without significant retracement, highly likely price will pullback to 1.0635 level where previous resistance turns support. Possible trade recommendation : Short-term bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
BULLS ARE IN CONTROL OF EURUSD. 10TH JAN 2023Educational Analysis says EURUSD may go LONG according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? On the 1HR timeframe, the pair is already touched the golden zone and reacted from 1.04910, FIB 0.5 And another golden zone is getting ready at 1.06240, FIB 0.5 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS. ENTRY - 1.06240 STOP-LOSS - 1.05715 TAKE PROFIT - 1.10500 RISK TO REWARD RATIO IS 1:8.06
by VishalBudhrani