Technical analysis OANDA:EURUSD OANDA:EURUSD fluctuates in a narrow range above 1.0600 on Tuesday as the better-than-expected Economic Sentiment data from Germany helps the Euro hold its ground. Fed Chairman Powell will speak on the policy outlook later in the day. OANDA:EURUSD edged slightly higher after testing 1.0600. The Relative Strength...
EUR/USD stays defensive below 1.0750 ahead of German inflation data EUR/USD remains under selling pressure nearly a weekly low below 1.0750 in Tuesday's Asian trading. The recent US Dollar upsurge, in the wake of strong US ISM PMI data, weighs on the pair amid investors' nervousness ahead of the key German inflation data. EUR/USD is the forex ticker that tells...
This is my anticipation on the EURUSD, our daily time frame recently broke structure to the downside, we would then do good to anticipate a pullback after the expansion BUT before we can anticipate that pullback, we need to see or have a confirmation in price on a time frame lower than the daily which will confirm our bias for the bullish pullback, as showed in my...
The EUR/USD pair trades marginally higher on Monday, hovering around the 1.0850 level ahead of Wall Street’s opening. The market mood is in better shape amid the good performance of Asian shares led by the tech sector, although European indexes lack momentum and trade around their opening levels, leading to some modest gain in US futures. A data-packed week...
The EURUSD is presently within the Daily Demand area, indicating potential buyer dominance. The prevailing uptrend persists until a breach of the 1.07250 Higher Low occurs. Currently residing in the Daily Demand zone, EURUSD suggests a favorable scenario for buyers, maintaining the upward trend unless the crucial Higher Low at 1.07250 is breached. I'd like to...
Hello, According to my analysis of the EURUSD pair, the pair seems to be in a very negative state. With the break of the ascending channel with a large red candle indicating the strength of sellers. The strong support at 1.10000 level was broken. All of these factors confirm that we will witness further declines in the coming days. Good luck everyone.
EURUSD will likely to drop due to strong sellers presence price bounced up on after FED decision led DXY to drop heavily. Due to a sudden price increase due to economic data, price left massive gaps in the market. It is very likely that before any further big move we can pick this intraday trade idea.
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 New forecast The EUR/USD pair traded positively in the past sessions to test the resistance of the main descending channel that appears on the chart, waiting for a rebound downward to resume the downward trend again, targeting 1.0550 levels and the main conition to be continue at the bearish trend is stability under 1.0550 and then will try to reach...
EURUSD: DXY is likely to remain volatile due to NFP and other factors such as fear of recession is extremely high among investors. This is where USD remain almost bullish and in these kind of situations price tends to remain bearish on EURUSD. We are waiting for price to come to our area of entry, where we can enter with 70-80 PIPS stop loss. The 'Target...
Hi, According to my analysis of EURUSD pair, there is a good opportunity to buy as the pair exits the pitchfork. We also notice the break of support and resistance at the level of 1.06100. All of these factors confirm the control of buyers. For further rise towards the level of 1.07550. good luck for everbody
EUR/USD: Seizing Bullish Opportunities Amid Market Shift A noticeable shift in market behaviour on EUR/USD, especially on the lower timeframes, has prompted me to shift my focus towards potential buy opportunities. Join me as we explore the emerging bullish outlook for EUR/USD and adapt our trading strategies to these evolving market conditions. Stay tuned for...
One of the most important points of the Euro-Dollar that has the possibility of an upward rejection. Be sure to check Chock and Flap's 1-minute confirmations to enter
Support Levels: Support 1 @ 1.08354: The level at 1.08354 serves as an immediate support zone on the 30-minute chart of EUR/USD. The price tends to find buying interest and potentially reverse its downward movement in support levels. Traders should closely monitor this level; a break below it could indicate further bearish pressure. Support 2 @ 1.07818: Support...
For 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...
The EUR/USD pair is showing signs of improvement in the Asian session on Thursday, bouncing back from its recent decline to a multi-day low of 1.1175. Currently, spot prices are trading around 1.1225, representing a 0.20% increase for the day. However, they are still significantly below the peak reached on Tuesday, which was the highest level since February...
EUR-USD broke the key Horizontal level of 1.10761 Made a retest and is going Up again so I am bullish Biased and I think that The pair will keep growing !