💡 EURUSD: Analysis May 15Bar D1 increased yesterday with a wide range, had a lower shadow and closed close to the top, showing very good buying pressure during the day. More importantly, this D1 bar closed above the previous Inside bar pattern, creating an upside breakout that could be the price action that gives EURUSD D1 additional upward momentum. However, structurally, EURUSD D1 is still inclined to decrease with gradually lower price peaks and troughs.
The sweep down then pulled back up and bounced strongly upwards, creating a new high price peak to help EURUSD H1 continue the short-term upward price trend. Combined with the bullish breakout at D1 from the Inside bar, H1 EURUSD today is quite favorable for the idea of waiting to buy from the supports below.
💡 H1 trend: EURUSD up
Today's trading idea: Buy EURUSD.
Eurusdtrade
💡 EURUSD: Analysis May 17EURUSD fell yesterday, bouncing down from the strong resistance above. However, the downward pressure on prices is not strong because yesterday's decrease bar D1 had a narrow amplitude and had a lower shadow, showing that there is still buying force pushing up. The D1 EURUSD chart structure is still accumulating sideways. Need a break above the current resistance for EURUSD D1 to reverse to an uptrend.
After the previous price push up, EURUSD H1 is having a pull back down. But with the dominant H1 chart structure being bullish, EURUSD H1 today can continue to wait to buy. Buying points include (1) waiting for an upward push to break the current small range and then retesting to buy, (2) being able to buy if the price drops deep to the lower support zone.
EURUSD Short Trade Setup A #short trade opportunity recently presented itself on the #eurodollar (#EURUSD) #trading chart 📉.
This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 1.08939 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 1.06500 psychological level and possibly testing the strength of the 1.06443 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#majorpair
EURUSD: The USD fell against the euro awaiting CPI dataThe US greenback fell to a one-month low in opposition to the euro today, as buyers predicted the discharge of a key US inflation record that might affect US coverage decisions. Federal Reserve. The euro rose barely 0.03% to 1.0823 USD at some stage in Asian buying and selling hours, at one factor attaining 1.0828 USD, a stage now no longer visible given that April 10.
The US greenback index, which compares the greenback in opposition to a basket of six important currencies with a widespread emphasis at the euro, fell 0.11% to 104.94. Earlier, it touched a low of 104.92, its lowest in per week and a half.
At the identical time, US Treasury yields fell, with the benchmark long-time period yield falling to 4.4414%, persevering with its in a single day decline of 3.five foundation points.
#EURUSD: Keeping NFP in mind| What you think? Price rejected at 1.07526 with stronger wick rejections, suggesting further drop in price is inevitable, alongside DXY failed to make major bearish correction. Currently, DXY is extremely bullish and it is likely to remain that way until friday where we will be having NFP(NON-FARM PAYROLL). Price can drop until our entry point at 1.05204 where in our opinion price can rebound strongly.
So what do you think about EURUSD.
💡 EURUSD: Analysis May 13EURUSD did not change much in the weekend session, the price is still testing the upper border of the falling price channel, the bearish structure is still valid, however the continuous testing of the 1.08 area shows that buying pressure is returning, Be careful with the possibility of the price breaking the structure, you need to maintain the profit taking point for long positions above 1.08, we will abandon this strategy when the price does not break this important resistance level. .
EURUSD Wednesday PlanHere you are a simple trading plan for tomorrow. It's pretty ambitious, but maybe it can help you finding good entries. This is how i works, i make plan, and if i have triggers, i'll open trades. Momentum is good and bullish for EURUSD and looking for shorts now it's pretty useless. I am waiting a retrace in the asian session, with a range in pre London. If we will have a range there, i will open if we will grab liquidity from the down side (long squeeze) and i will open a long trade around 1.07850 targeting 1.08650. Another trade can happen at the beginning of the NY session, where (if we are already up and above actual level) we can look for new longs around 1.08250. Same target
Here's the answer sheet for #EURUSDHello friends nice to meet you all hope you have a good day
#EURUSD
At other publish, We hit the target perfectly and took the WIN.
Next, I will guide you through the next view. FOCUS.
#EURUSD is showing an extended wave.
If the upper line of the wave is broken upward and the retest is successful,
It is open to rising to the recent high.
EURUSD: Dollar steadies ahead of CPI dataThe dollar index and dollar index futures were little changed during the Asian session on Monday.
But traders remain largely biased against the greenback ahead of key US inflation data later this week.
The CPI - released on Wednesday - will be closely watched, as it could influence the US interest rate outlook.
The dollar saw wild swings last week as mixed U.S. economic data raised questions about when the central bank will start cutting interest rates this year. However, while the US economy appears to have cooled in recent months, inflation is forecast to remain high.
EURUSD Daily setupHere we are again with a daily signal. I like to work with limit order to reduce the risk and have a better RR, and today i placed a sell limit order at 1.0801. Daily bias is bearish, and it's what i was looking for considering i am bearish on EU from some days. So, good chance to follow the main trend. Stoploss just above local top, targeting 1.078
💡 EURUSD: Analysis May 8After continuously creating bearish signals on the daily frame, around the upper border of the falling channel, the price began to fall again in the past session, the downward momentum is still continuing to be maintained this morning. The short positions are profitable, you continue to hold the position, the target will be around the 1.06xx threshold, keeping the SL above 1.08xxx.
🚨EURUSD will Go Down by Ascending Broadening Wedge Pattern🚨🏃♂️ EURUSD is moving near the 🔴 Resistance zone($1.0806-$1.0781) 🔴.
📈According to Classical Technical Analysis , EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the chart.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EUR USD signal EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. Confirm signal