GBPUSD I Short-term buy from support after recent impulseWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
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Eurusdtrade
EurUsd could resume its up trendIn the past two weeks, EUR/USD has been very choppy.
In fact, the pair has remained relatively unchanged in terms of price since the beginning of the year.
Upon examining the chart, we notice that although the pair has reached new lows, these were very close to each other and were quickly reversed.
This type of price action typically suggests a medium-term reversal, which could indeed be the case for EUR/USD. Confirmation of an upside reversal would occur if the pair stabilizes above the 1.09 zone.
In such an instance, reaching the 1.12 zone could be feasible in Q1.
EURUSD Looking BullishThe EURUSD is currently situated in the Daily Demand area, signaling a possible dominance of buyers. The existing upward trend remains intact unless there is a break below the critical Higher Low level at 1.07250.
Being within the Daily Demand zone, the EURUSD indicates a positive outlook for buyers, with the upward trend likely to persist as long as the crucial Higher Low support at 1.07250 remains unbroken.
EURUSD Possible bounce ? 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 hear your insights on this currency pair.
EURUSD M30 / Possible Retracement Until the Resistance Level✅Hello Traders!
This is my idea related to EURUSD M30. I expect a long move until the resistance level, after retracing from the OB H4.
I consider the retracement from the OB a good sign for bullish sentiment.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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EURUSD - NZDUSD - AUS200 Trade RecapThree positions taken last week, two breakevens and one loss. Great trades nonetheless, two structures I would take over and over again with the EURUSD position being on the higher risk side of things. Risk management plan stuck to, frequency is picking up just in the first month of the year as expected. Trade safe and responsible
EURUSD: The USD is expected to have its largest monthly increaseThe US greenback is on course for its maximum giant month-to-month benefit on account that September, with a 2% benefit towards a basket of main currencies as January ended. The boom changed into attributed to marketplace modifications to the tempo and quantity of anticipated hobby fee cuts, stimulated through sturdy US financial facts and competition from important financial institution officials. toward reducing hobby prices.
In contrast, the Japanese yen changed into poised for its maximum giant decline towards the greenback in almost a year, falling extra than 4% in January. This is the sharpest decline on account that February 2023, because of falling salary boom and slowing inflation in Japan, which has decreased expectations of hobby fee hikes.
Early within the Asian buying and selling day, the greenback remained consistent at $1.0844/euro and barely weaker at 147.23 yen. The greenback index, which tracks americaA forex towards a set of different currencies, changed into final visible at 103.36.
Investors are also targeted on the imminent choice through the Federal Reserve, which predicts that US hobby prices will continue to be unchanged. However, the Fed should sign the opportunity of a fee reduction through casting off language similarly fee hikes are beneathneath consideration. According to hobby fee futures, there may be presently approximately a 43% hazard of the Fed slicing hobby prices in March, down appreciably from a 73% hazard at the start of the year.
Deutsche Bank's chief global strategist, Alan Ruskin, explains that the marketplace's response to the Fed assembly will probably be pondered withinside the chance of a fee reduction in March. Ruskin elaborates on the connection among this opportunity and the euro/greenback trade fee, noting that a 50-50 hazard is in line for the euro at $1,087, at the same time as a completely predicted hobby fee reduction might push the euro to $1,1080. Conversely, if the March fee reduction is completely discounted, the euro should fall to $1.0660.
Before the Fed's choice, financial signs including the shopping managers index survey from China and European inflation facts can be released. Australian inflation facts, barely decrease than economics anticipate, bolstered expectations that the Reserve Bank of Australia has ended its hobby fee hike cycle.
EURUSD Looking BullishIn our examination of EURUSD, it's crucial to emphasize the existence of a double bottom pattern.
This pattern, combined with robust support observed within the Fibonacci levels ranging from 0.5 to 0.6, amplifies the importance of the current scenario. It indicates a compelling scenario for a potential upward trend, potentially leading to a substantial gain in pips.
Keep an eye out for further updates, and as customary, approach your trades with assurance.
EURUSD - Let's go higher now ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: As you can see in my previous analysis price delivered as expected. Now I expect bullish price action after filling the imbalance and rejecting from bullish order block + institutional big figure 1.08000.
Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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EURUSD - Downside to bullish order block ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we have pretty the same scenario as on GOLD, Price rejected from bearish order block so I expect price to drop in order to fulfill the imbalance. My target is institutional big figure 1.08000 from where I look for a long position.
Fundamental news: Upcoming week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
EURUSD BEARS LOOKING FOR MORE DOWNSIDE !!!Hello Traders
EURUSD is now trading in downtrend and ECB also looking for rate cuts so our expectations are a down till these design levels friends our R & R ratio is great on this trade lets see what markets give us this week have look on our Other analysis so you can understand why we are buying $ this week this is just an trade idea make a proper analysis before any trade and share
Ur thoughts with us in comments on EURUSD it help alot of traders
Stay tuned for more updates .......
🚀EURUSD is Ready to GO UP🚀🏃 EURUSD is moving near the 🟢 Support zone($1.0800-$1.0756) 🟢.
🌊According to the theory of Elliott waves , EURUSD seems to have completed its five downtrends .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect EURUSD to rise at least to the end of wave 4 at the 🔴 Resistance zone($1.0916-$1.0880) 🔴 in the coming hours or the coming week .
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
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