Eurusdtradeidea
EURUSD: Waiting for a turbulent Friday!The EUR/USD rose back to 1.1000 during the American session, boosted by a weaker US dollar across the board amid an improvement in risk appetite. It was a relatively quiet Monday for financial markets as attention is focused on incoming US inflation data later in the week.
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Analysis 7Aug2023At the end of the week, the trendline is holding steady and there are limits to the potential returns. However, we can observe that the bearish trendline has been positively responded to three times, which is often a signal that the bearish trend is still dominant. Additionally, there is a liquidity area (highlighted in yellow) below SND that typically receives a positive response from the price in the future. It is likely that the price will fall further than the liquidity area.
EURUSD: Anticipate important news!EUR/USD strengthened after the NFP report, as the market punished the greenback and US Treasury yields plummeted. The US Dollar Index, a measure of the dollar's value against a basket of peers, was down 0.70% to trade at 101.766. EURUSD's next prediction next week is a return to the uptrend!
EURUSDFor me, I'm still neutral for now. Before taking any position on this pair, I will want to see a break above the 1.10432 and its retest (for a long) or a break below 1.09523 and its retest (for a short). Until then, we wait.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EurusdOver time for weeks now,we've seen a pump in DXY therefore seeing a decline in Eurusd and other pairs where dollar is the qoute currency.... On thursday before friday's N.F.P news release, we had price fill up an F.V.G on the daily time frame, which after dropping into the 1hour time frame on thursday you'd have noticed a change of character on the 1hr and time frames below it.... During the N.F.P on friday, we say price mitigating and completing the change of character left on thursday. Therefore enhancing our bullish move.. Next week, i'd love to see a retracment into the marked 4hr F.V.G for a continuatoin upward....
EURUSD: One-way movements before NF and the influence of USDEUR/USD is recovering from its lowest level since July 07, finding support from a descending trendline that has been in place for three weeks. As of early Thursday, the currency pair is hovering around 1.0940.
This bounce can be attributed to the oversold RSI (14) line, as well as market sentiment regarding inflation and employment data from both the Eurozone and the US. Additionally, a stronger S&P500 Futures and a decrease in Treasury bond yields have contributed to a consolidation of recent losses for EUR/USD.
Possibility to keep dropping in multi-frame 1D
EURUSD: 01/08/2023: Strong buy and sell zones!
Well, as you can see the price move down, and now this is in the demand zone that may push the price up for collecting the liquidity above equal high. (Scenario 2)
The best zone for buying is Dayli Demand Zone that you can see on the chart, we can expect the price to move down, and after collecting the liquidity under the previous low, enter to demand zone, then we can search for a trigger.
💡Wait for the update!
🗓️01/08/2023
🔎 DYOR
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EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Euro/usd long setupafter feds repo rate decision we had seen a fall
Price reacted from MTF demand zone and seen bulls reaction
The low from where the price reacted will be POI to buy again
1.0980 >> to >> 1.104
There is little zone for creating a pullback
And if that pullback sustain and at
(1.1047 - 1.166) we can see further more upward
I'll update accordingly
Happy trading
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EURUSD: What will happen today?The data released by the European Central Bank (ECB) presents a combination of information that is not significantly impactful. Inflation has experienced a decrease, while the core rate remains stable, and prices for services continue to rise. As for GDP, it managed to avoid a decline, but growth was only minimal. Currently, market pricing suggests that the probability of another interest rate increase at the September meeting is less than 40%. On Tuesday, we can expect the release of both the final Manufacturing PMIs and the German Unemployment rate.
EUR/USD drops below 1.1000 ahead of PMIs
EURUSD and AUDUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Analysis 30July2023This pair is in a strong support area for closing last week. Where the price is stuck by trendline as support and trying to penetrate SR Flip. If the price goes down again the closest target is SND below. Meanwhile, if the price responds positively to trendline, then the price is likely to be bullish again with the QM area as a target