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Eurlong

EURUSD Holding Above A Key Support The euro briefly fell back below parity against a robust dollar on Monday and was languishing at five-week lows, weighed down by concern that a three-day halt to European gas supplies later this month will exacerbate an energy crisis The dollar index, hit new five-week highs as Federal Reserve officials reiterated an aggressive monetary tightening stance ahead of the Fed's Jackson Hole symposium this week. The EURUSD seem to hold above 0.99521 support level on the daily chart, a violation for the mentioned support may open the door for a further losses towards 0.98614 support level. The main view still bearish as long as we're within the downward sloping channel (we can expect lower lows) - but an upward correction is expected on the short term.
by AlyaAkram
EURUSD BULLISH OULOOK CONTINUESEUR is slowly gaining momentum against USD, after ECB raises borrowing cost, although the terminal rate of the currency remains unchanged and the risk for the Italian bond due to the political situation in the country. On the other hand, USD is giving up to the EUR due to the decline of treasury yields after some concerning data regarding factory activity and unemployment benefits. RSI's slow moving line is bouncing off the oversold zone and it's slow line is way above it. MACD histogram is also above the 0 line confirming bullish trend. If the trend continues, it might test its previous high at 1.06, but if we see a reversal, the currency might try to test its parity again. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
NO LONGER A GOOD TIME TO HOLD SHORT POSITIONS Euro has been trapped in a downtrend for more than a year now. It's not surprising since the fed is tightening policy which leads to a huge spread between the US and the Eurozone. BUT, things are going to change soon. The ECB is about to raise interest rates too and it will exit negative territory by the end of the third quarter. The spread will be narrowed and EUR will be pumped! Let's wait and see. It's no longer a good time to hold short EUR positions.
Long
by EricaXAU
1
EURUSD 4 HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary EUR/USD TREND ANALYSIS We have 2 downward trend in red color The wider the trend the stronger The trends are 1 daily another one more internal FUTURE PREDICTIONS We have many resistanse and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham