Sell opportunity in the FX:EURUSD with a target at 1.07000 for a profit of 40 pips. With the data better than expected from the news of ISM Manufacturing PMI and the selling pressure that has existed in today's session, I expect the price falls to the level of 1.07000 Guys, what do you think? Leave a comment with your thoughts.
As per my analysis EURUSD should be hitting my said target in net 6 to 8 days and thereafter will further proceed rest of the analysis for the same.
EURUSD - two improtant zone for bearish market now at DXY this week we have NFP and very more effective date for gap or slash market take away and more becarefull ..... >>>>>>>>>>>>>>>>.
EUR/USD holds steady near 1.0800 on Thursday and remains on track to end the day in negative territory following upbeat macroeconomic data releases from the US. The action in financial markets turn subdued as trading volumes thin out heading into Easter holiday.
EUR/USD holds a very narrow range in the low 1.0800s. Bargain hunters are still likely to look at dips to near 1.0800 as a buying opportunity for now. Short-term trend dynamics are neutral while the daily and weekly DMIs still lean, if only moderately, EUR-bullish. That should limit downside pressure on spot in the near term at least. Resistance is...
EURUSD made a bearish move, creating an engulfing candle. The market created a structure of resistance for shorting opportunities; breakout of the level, pullback to it, and trend continuation. The market made lower highs and equal lows, indicating bearish pressure. We expect completion of the AB=CD pattern. ------------------- Share your opinion in the...
EUR/USD is holding its renewed upside above 1.0800 in the European trading hours on Monday. The US Dollar consolidates the previous week's upsurge, helping the pair stay afloat amid a mixed market sentiment. US Dollar and Fedspeak stay in focus.
EURUSD analysis buy position. Observe the money management (Use 1% of your balance for each signal) and the stop loss. To notify the free signals, analysis, follow, boosts, comments, and write questions.
Hello traders, we want to check the EURUSD chart. After moving in a descending channel, the price has reached an identified key level that the price has reacted to several times in the past. We expect this level to play the role of a support level and maintain the downward trend of the price and the price will grow up to around 1.08600. Good luck.
Eurozone PMIs continued to paint a grim picture for the region’s manufacturing outlook. That is not hugely relevant for the FX market, anyway. The soft economic outlook in the Eurozone has been priced in for a while, and with markets relatively confident about a June European Central Bank cut, it’s mostly Dollar rate expectations that are set to keep moving...
The EUR/USD pair surged to 1.0981, its highest in almost two months, on Friday, ending the week at around 1.0950. Demand for the US Dollar remained subdued, which should have helped the pair run further, but discouraging European news limited Euro gains. By the end of the week, the shared currency stood as the weakest USD rival. The focus was on central banks, as...
After the railroad model, EURUSD broke the previous bottom and fell sharply in the past session. It has now approached the initial target level around 1.08 and completed the head-and-shoulders reversal pattern. The sellers are showing dominance, expecting the price to continue to go down, the next target is around 1.07xx, you can already look for selling opportunities.
Hello Traders EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024". FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement. Right now the price has broken the upward channel and made a pullback on it. So we believe the price will reach lower levels. Our technical view has been shown...
🏃 EURUSD is moving near 🔴 Heavy Resistance zone($1.1185-$1.0980) 🔴and Resistance lines and 🟡 Potential Reversal Zone(PRZ) 🟡. 🌊According to the theory of Elliott waves , EURUSD seems to have succeeded in completing the corrective Zigzag(ABC/5-3-5) inside the Ascending Channel . 🔔I expect EURUSD to move towards the 🟢 Support zone($1.0920-$1.0870) 🟢after...
With the beginning of the new week expecting dollar to retrace higher for a while . expecting eurusd to fall and target a short term liquidity created on NFP day , a low hanging fruit which can be targette after a long consolidating day in morning.
EUR/USD buyers took a break last week, leaving the weakened US Dollar some room to marginally advance. The EUR/USD pair was down from its Monday opening at 1.0938 and settled at around 1.0890.
The continuation of the upside momentum in the US Dollar kept EUR/USD depressed and prompted it to challenge the area of the key 200-day SMA prior to the key FOMC gathering on March 20.
Hello traders, we want to check the EURUSD chart. The price is moving in a downward channel. If the price pulls back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to 1.08400. Good luck.