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Eurusdoutlook

Exploring the Intriguing Relationship Between Bitcoin and EUR/USOver the past few years, many traders have noticed a discernible pattern between Bitcoin's price and the fluctuation of the EUR/USD exchange rate. While it may seem counterintuitive, the two seemingly unrelated assets have exhibited a remarkable degree of synchronicity. This correlation suggests that changes in the EUR/USD rate could provide valuable insights into predicting BTC price movements. You might be wondering why these two markets would be connected. The answer lies in the underlying factors influencing Bitcoin and the EUR/USD exchange rate. Economic indicators, geopolitical events, and investor sentiment all play a pivotal role in shaping the value of both assets. As a result, changes in the global economic landscape can profoundly impact both Bitcoin and the EUR/USD rate, leading to a correlation that traders can potentially exploit. To harness this relationship's power, I encourage you to closely monitor the EUR/USD rate alongside Bitcoin's price movements. By doing so, you can potentially gain an edge in predicting BTC's future trajectory. Watch economic news, central bank decisions, and significant political developments that may affect the EUR/USD rate. Observe how Bitcoin reacts to these changes, and you may uncover valuable insights that can inform your trading strategies. As traders, it is our constant quest to identify patterns and seize opportunities others may overlook. The Bitcoin-EUR/USD relationship presents an exciting avenue for us to explore, offering a fresh perspective on the intricate dynamics of the cryptocurrency market. By diligently studying this correlation, we can enhance our trading acumen and potentially make more informed decisions.
BITSTAMP:BTCUSD
by bryandowningqln
Leftover Momentum to end the Week? 😶‍🌫️// EurusdCurrent Price 1.097 0:0 Monthly timeframe 1:36 Weekly timeframe 3:51 Daily timeframe 5:10 Bias for friday 6:14 4hr timeframe 10:15 1hr timeframe Hello Everyone welcome back to another analysis. Eurusd increased 30 pips against us before dropping 130 Pips in our favor today after we called out a short analysis prior to the last london session 24 hours ago. Quite the engulfing candle created today with expected and priced in EUR interest rates and 2 better than expected USD data points, GDP and Unemployment putting the nail in the coffin so to speak for USD bulls. Alot of momentum today and I'm antincipating some to be left over and continue on to friday. I'm thinking we can get a touch into the 1.09462 4hr support zone but unsure what'll occur after that. Inflation data may act as a catalsyt to keep dropping in favor of USD or we will see the Weekly candle pullback up and create a bottom wick as we close out the week. The latter implies a bullish NY session tomorrow to end the week.
Short
by ShrewdCatfx
EurUsd -> One Of Two Scenarios!Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of EurUsd💪 EurUsd just perfectly retested and already rejected the 0.618 fibonacci level in confluence with a retest of previous support which was after the break turned strong resistance. EurUsd is also now approaching weekly support and also the bottom of the solid rising channel so after some bullish rejection it will be quite likely that EurUsd provides more bullish upside. With today's crazy volatile candle EurUsd is also now retesting previous daily market structure - however I am definitely waiting for some bullish rejection at this zone because there is no reason to try to catch a falling knife. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
Long
by basictradingtv
33
Price is on a steep ascent? 🥀 EurusdWelcome back to another Eurusd Video Analysis 0:0 Monhtly timeframe 1:25 Weekly timeframe 3:10 Daily timeframe 6:02 4Hr tiemframe 6:53 1hr timeframe 10:00 Bias for the session I'm looking for a pullback with London Session. This is because we have seen that price created an aggressive 33 Pip push up with asian session and eurusd has pulled up early in the daily candle. We have clean traffic back down to 1.1078 on the 1hr timeframe. We have an additional clean range from 1.1078 to 1.1056. If price decides to continue it's ascent, we have a solid range in which we have already tapped into with asian session. This range extends from 1.11 1hr zone to 1.11359 4hr resistance zone. If we go Up I see us retesting 1.1078 anyways during NY session if we don't do it with London. The 4hr just failed to close above 1.11 prior to london session. We may go to retest 1.11178 daily high with Eur interest rates, we'll see.
Short
by ShrewdCatfx
2
EURUSD - This is Where I Will Be Buying Euro During The WeekOANDA:EURUSD Euro is currently at premium level on the monthly and weekly range, hence the current retracement on daily and lower time frames. However, i still that Euro is still bullish as long as we didn't break below the major swing low on daily. Buying Zones: I expect Euro to retrace deeper on daily time frame to fill the imbalance below at the discount price levels and reverse from there to continue the overall bullish structure on weekly. But if we break below the major swings on Daily, Euro might enter a period of selling for couples of week. Entry: Once price enter the discount price levels FVG on daily, i will be buying Euro on 1hour time frame bullish market structure shift pull back.
Long
by Elijahenoch7
4
Got a Pullback prior to Rates & Now looking up 🏦0:0 Monthly candle pullback 2:40 Daily timeframe 3:46 4hr timeframe 4:07 Downside targets if a fakeout of trend occurs 4:37 First target Longs with Rates 6:54 1Hr timeframe 7:38 Bias heading into interest rates Hello Traders welcome back to another Eurusd Video Analysis. Please leave some feedback if you enjoyed or not. Thanks for reading this far. I had been anticipating a pullback on Eurusd prior to interest rates and this is exactly what we can see. We have pulled back perfectly to our Weekly Support Zone 1.1024 and price was supported during New york session. Consumer confidence during NY was better than expected and USD was favored until we tapped into our much feared weekly level. Uncertainty always says anything can happen & so we are going to stick with what works best for us. Scalping and tight risk management, allowing the long-term edge to realize itself through a series of good trades. Buy Stops and Sell stops have been working really quite well for me in the past months and so I continue explore those setups with lowered risk.
Long
by ShrewdCatfx
EURUSD | Trend forecastingIn last week's video, full explanations were given that the price will be revised And I said to wait until the first FVG at least But this week, I want to remind you that 50% of this FVG has been rejected and the candle has closed below that. This means that it is likely that the EU will continue to move towards lower liquidity and we should expect a further correction to a lower FVG. If you see signs of rising in this FVG, go LONG, but I think this will happen Only, I "probably" that the price will reach lower liquidity
Short
by mohammadsamiei
Eur Usd Scalp LongBullish Analysis for EUR/USD Scalp Long from 1.10042 - 1.09895 - 1.09778 (Bearish Correction) Introduction: Within the context of a bearish trend in the EUR/USD currency pair, a short-term bullish correction seems to be developing. This analysis focuses on the potential for a scalp long trade within the specified price range of 1.10042 to 1.09778, taking advantage of the expected temporary upside movement. Bearish Trend in Place: The EUR/USD pair has been in a sustained bearish trend, with a series of lower highs and lower lows on the price chart. It is essential to acknowledge this overall trend and understand that the scalp long trade being considered is a short-term counter-trend move, not a full-fledged trend reversal. Corrective Price Action: During a downtrend, it is common to witness short-term corrective price movements that run counter to the main trend. The price range from 1.10042 to 1.09778 appears to be one such area where buyers have stepped in to create a temporary correction, potentially retracing part of the recent bearish move. Overextended Market Conditions: The bearish trend may have led to oversold market conditions on various oscillators and short-term indicators. This oversold state indicates that the selling pressure might have exhausted itself for the time being, making room for a short-term bounce to the upside. Risk-Reward Opportunity: Given the potential for a short-lived bullish correction, a scalp long trade from the specified price range offers an attractive risk-reward opportunity. Traders can target a relatively modest profit within the correction, while keeping stop-loss levels tight to protect against a potential resumption of the primary bearish trend. Conclusion: Considering the prevailing bearish trend in EUR/USD, the potential for a short-term bullish correction from 1.10042 to 1.09778 is worth exploring for a scalp long trade. However, it is crucial to approach this trade with caution and strict risk management, as the primary trend remains bearish. Scalp trades can be highly sensitive to market fluctuations, and traders should be prepared to act swiftly to secure profits or limit losses. Always monitor the price action closely and be prepared to exit the trade if the underlying bearish trend reasserts itself.
Long
by realtrademaster
EURUSD: German Flash Services PMIThe EUR/USD has moved higher above the 1.1100 level after bouncing back from its lowest point in a week. However, it remains uncertain around 1.1130 during early Monday morning in Europe. The lack of clear direction is evident as the Euro pair defends yesterday's rebound from a horizontal support zone that has been in place for three months, currently ranging from 1.1100 to 1.1090. This corrective pullback reflects the market's anticipation of today's preliminary readings of the US and Eurozone PMIs for July. Additionally, there is a sense of caution ahead of the European Central Bank (ECB) and Federal Reserve (Fed) monetary policy decisions.
Long
by Sphyn-Trader
2
New Week and can bears maintain? 🎑EurusdHi Welcome back traders 0:0 Alot of Fundamental news this week 1:01 Weekly Timeframe and Interest rates idea 4:09 Daily timeframe 7:17 Sells from 1.12318 Daily resistance zone last week 7:37 4hr Timeframe The previous weekly candle closed bearish with a larger top wick. The bottom wick printed only 15 pips and this may cause a concern for exhaustion. I'm anticipating a further pullback on eurusd as we head into interest rates for the dollar on wednesday. We technically still have bullish momentum and market strucutre on higher timeframes for Eurusd. I'm expecting Interest rates to be a catalyst for.. Eurusd upside momentum. In the meantime price may consolidate/range and even pullback a bit closer to our 1.1056 Daily Support zone.
Short
by ShrewdCatfx
2
Using Rationale to Ride news Volatility 🎢 +.5% 3rd Week JulyHello Traders! 0:0 Introduction/Weekly Fav Prices 1:25 Daily TF breakdown 5:24 1Hr Chart Fundamental news combined with Technicals 13:25 Quick 4hr TF details 14:00 Continued 1Hr Chart 18:25 trade 1 short 19:35 trade 2 short with unemployment news Welcome back to another video analysis. In this analysis, I detail how we could've used rationale to decipher the markets next moves and be a few steps ahead. Using rationale to breakdown the numbers of fundamental news releases and combining this with our favorite prices/key levels on the chart, we were able to create a great RR trade on Thursday. We could have jumped on the train sooner and there is always something to learn in the markets. Hope you enjoyed! Please leave a rocket or a comment if you liked this video analysis. See you in the next video!
by ShrewdCatfx
2
Review of Eurusd's Price Behavior, Fav Prices, & Looking ForwardIn this Multi-Timeframe Analysis Video ⬇️ 0:0 Monthly timeframe 1:08 Weekly timeframe 2:15 Daily timeframe 4:25 Bias for next trading day 4:46 4hr timeframe 7:08 1Hr timeframe I go through multiple timeframes breaking down what's occurred on EurUsd over the past day and what I'm looking for moving forward to unemployment claims tomorrow and ultimately Interest rates next week. I'm suspecting that we may continue to pullback bearish in favor of the USD or at best range on Eurusd as 4hr bear market structure is develpoing and the daily candle just closed below the previous 3 Daily lows. I am enjoying these videos and thus far it is being well received by the community.
Short
by ShrewdCatfx
2
EurUsd -> Riding The Obvious WavesHello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of EurUsd 💪 With EurUsd retesting previous monthly structure and the 0.618 fibonacci retracement level I do expect a short term bearish rejection on EurUsd and then simply more bullish movement. Weekly market structure is quite clear with EurUsd still trading in an obvious rising channel and now retesting the upper resistance trendline so also from a weekly perspective a move lower is quite expected. However I am still waiting for EurUsd to shift back to a daily bearish market because at the moment everything still looks very bullish and if this shift happens then I also do expect a move lower on the daily timeframe. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
Short
by basictradingtv
43