Dear Esteemed TradingView Members, I n the world of financial trading, precision and insight are invaluable assets. In today's dynamic market environment, it's imperative to embrace the right tools that provide clarity amid the ever-shifting tides of economic forces. I n this piece, I delve into the intricate currency trading, focusing on the EUR-USD market....
Technical Analysis and Outlook: The Eurodollar has undergone a notable downtrend movement from our Key Resistance level of 1.075, a significant level of resistance that the currency has been unable to break through. As a result, it is now expected to gradually move towards the Mean Support level of 1.061, which is strategic support for the currency. Furthermore,...
Euro is in a strong buy trend. It had its minor supports/ demand zones which it already had tested. Wait for the price to come to the designated demand zone. Place your Stop losses accordingly. Happy Trading
FX:EURUSD OANDA:EURUSD Euro vs US dollar Hi traders.. There's a 40% chance that the upward trend will persist in the mid-term. So, we're holding off and waiting for confirmation of a price downturn before diving into the selling trade. If the upward trend is confirmed, we'll scrap this position. ⚠️ Disclaimer: The following insights reflect my personal...
A eurusd scalp seeing that the price has reacted to us in an important area and gives us confirmation with the price action in small periods
EURUSD is still in its downtrend channel on the weekly and monthly timeframes. On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a triple top at smaller scale was formed and retested, which all possibly confirms its downtrend continuation with a break of area...
Technical Analysis and Outlook: Make no doubt that the Eurodollar has jubilantly bounced above our Inner Currency Rally of 1.070 with an eye on the ensuing Key Res 1.075 and Inner Currency Rally of 1.077. The upcoming pivotal reversal will likely take us down to Mean Sup 1.056 and Key Sup 1.047.
My pattern in Eur/Usd for next #5 months, The euro faces the Federal Reserve interest rate decision later today. EUR/USD reversed its direction and closed in negative territory below 1.0600 on Tuesday after rising to a fresh weekly high above 1.0670. The Federal Reserve's (Fed) policy announcements later in the day could trigger the next big action in the pair.
EURUSD: Here is a potential sell setup about this pair. Like & follow for more updates.
🏃 EURUSD is moving near the 🔴Resistance zone($1.06620-$1.0610)🔴 and the Resistance line . 🌊According to Elliott wave theory, EURUSD is completing Corrective Waves in the 1-hour time frame. 🌊The structure of correction waves is Double Three Correction(WXY)type . 🔔I expect EURUSD to start falling after approaching the 🔴Resistance...
It is time for the euro to return to its real prices, and we have just entered into this trade for a long time, and I guess it will reach the target in the next 15, 20 days.
This publication is for Euro against U.S. dollar, and quick and simple as well as all other publications by @Pandorra 2023 is about the end, so let's take a look on technical perspectives for FX:EURUSD . The main graph is EURUSD semi-annual 6-month chart (yes, they also exist on TradingView, as well as quarterly 3-month charts and annual 12-month...
Euro will not put its foot on brakes, it has a long way to go. wait for the market to come to the demand zone. Go Long from the area mentioned. Track your SL accordingly. NO TP for this trade. Happy Trading
Hi friends 👋. A long time not writing about EURUSD pair and about Forex at all. So there's a situation when we have advantage of bulls waiting for closing - sell their positions. 📉 To be more correctly 60K contracts waiting for sell. Downward we have some support levels but my opinion price can going down to 1.0575. Follow me.
Technical Analysis and Outlook: This week's trading saw the Eurodollar drawn to the Mean Res of 1.062, its main attraction. The intermediate price action may cause a pullback to Mean Sup 1.053 before resuming rebounding to Inner Currency Rally 1.070 with the completion of the pullback to follow.
EUR/USD Faces Bearish Pressure as the Dollar Gains Ground The Euro (EUR) is currently on the backfoot against the US Dollar (USD), causing the EUR/USD pair to retreat below the 1.0570 level, signaling a fresh bearish sentiment. In the meantime, the US Dollar has managed to regain some strength, with the USD Index (DXY) making modest gains in the low-106.00s....
Hello trader! A good setup has formed. There's a chance that before we hit yesterday's liquidity from below, we'll go up and take off two fairly high liquidities. Don't forget to set the stop-loss below the order block. 🚀Please support my efforts with the "Boost" button. ❤️And a comment is the best thing you can do for me now!
EU may once again bounce off our 1.054 weekly level and increase 50-100 pips. We have a large range to fill to the left hand side up to 1.062 Daily level. This is take profit 1 for Eu Longs. Take profit 2 would be 1.064. For Sell Scenario we are looking at a bearish weekly target 1 is 1.05 and the second Take profit area is 1.047 Daily level.