Downloading...
Download

Euroanalysis

EURUSD Under Pressure After Hot CPI – More Downside Ahead?Today, the US released key inflation figures : Core CPI m/m: 0.2% (vs 0.3% forecast) CPI m/m: 0.3% (as expected) CPI y/y: 2.7% (vs 2.6% forecast, up from 2.4%) Fundamental Analysis ( EURUSD ): The slightly lower Core CPI suggests some easing in underlying inflation pressures. However, the headline CPI y/y came in hotter than expected at 2.7%, reinforcing the idea that the Fed is not yet ready to ease policy aggressively. This combination supports the US dollar, as sticky inflation could delay rate cuts. EURUSD is likely to remain under pressure in the short term unless the ECB signals a more hawkish stance or US data starts showing broader weakness. Now let's move on to the technical analysis of EURUSD ( FX:EURUSD ) on the 4-hour timeframe . EURUSD is trading in a Heavy Resistance zone($1.1802-$1.1602) , having simultaneously managed to break the Support lines and the lower line of the Descending Channel , and is also trying to break the Support zone($1.1642-$1.1578) . I expect EURUSD to continue its downtrend and decline to the Support zone($1.1549-$1.1520) at the first target . Second target : $1.15043 Third target : $1.1464 Note: Stop Loss(SL)= $1.1660 Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
25
Sell the EURO vs USD?Welcome back to the Mid-Week Analysis for Wed, July 8th. In this video, we will analyze the following FX markets: EURO and USD Index. The USD is seeing some strength off the tariffs Trump is declaring... and extending the grace period again on. This dragging down the EURO a bit, as it is printing bearish candles for Mond and Tues. Will Wed print another bearish candle? Are we heading for a full retracement in the EURUSD? This could be the scenario forming that I eluded to in my Weekly Forecast video: Buy The Dips and Sell The Rips. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6E1!Short
by RT_Money
2
EURUSD Gearing Up for Next Leg Up – DXY Weakens After PPI MissToday, key U.S. economic indexes were released, providing fresh insights into inflationary pressures and the state of the labor market: Core PPI m/m: Actual: 0.1% | Forecast: 0.3% | Previous: -0.4% Lower than expected – suggests weaker underlying producer inflation. PPI m/m: Actual: 0.1% | Forecast: 0.2% | Previous: -0.5% Slight miss – overall inflation at the producer level remains soft. Unemployment Claims: Actual: 248K | Forecast: 242K | Previous: 247K Slightly higher than forecast – signaling some cooling in the labor market. Market Outlook : These data releases point toward cooling inflation and softness in job growth, which may strengthen the dovish narrative around the Fed’s next move. DXY Index ( TVC:DXY ) is under pressure, and EURUSD ( FX:EURUSD ) is showing signs of bullish momentum . ----------------------------------------------------------- Now let's take a look at the EURUSD chart on the 1-hour time frame . EURUSD is trading near the Heavy Resistance zone($1.182-$1.160) and Monthly Resistance(2) . In terms of Elliott Wave theory , EURUSD appears to be completing microwave 4 . Microwave 4 could be completed at one of the Fibonacci levels . I expect EURUSD to attack the Heavy Resistance zone($1.182-$1.160) at least once more after completing microwave 4 and could even rise to the Potential Reversal Zone(PRZ) . Note: If EURUSD touches $1.1446 , we can expect more dump. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
5
Stronger U.S. JOLTS Data Pressures EURUSD!!!EURUSD ( FX:EURUSD ) failed to break the Resistance zone($1.1487-$1.1424) and started to fall again , breaking the Support lines . In terms of Elliott Wave theory , it seems that EURUSD has managed to complete the main wave X of the Double Three Correction(WXY) structure . Just moments ago, the U.S. JOLTS Job Openings data was released. ------------------------------- Actual: 7.39M Forecast: 7.11M Previous: 7.19M The stronger-than-expected JOLTS figure at 7.39 million signals a resilient labor market. This reduces recession fears and increases the likelihood that the Federal Reserve may keep interest rates elevated for longer. Bullish for the U.S. Dollar( TVC:DXY ) Bearish pressure could hit EURUSD, especially if it's approaching the key resistance zone. ------------------------------- I expect EURUSD to start to fall again after the pullback to the Support lines and to fall to the targets I have specified on the chart. Note: If EURUSD touches $1.14580(Stop Loss(SL)), we can expect a failure of the Resistance zone($1.1487-$1.1424). Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
14
EURUSD Forms Rising Wedge + Evening Star_ Bearish SetupAs I expected in the previous idea , the EURUSD ( FX:EURUSD ) started to rise after breaking the upper line of the descending channel and hit the Long Position target with Risk-To-Reward: 1.46 . The EURUSD is trading near the Resistance zone($1.149-$1.142) . From a Classic Technical perspective, EURUSD appears to be completing a Rising Wedge Reversal Pattern . Also, a good sign for a EURUSD reversal is the formation of an Evening Star Candlestick Pattern near the upper line of the rising wedge pattern. Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . In terms of Elliott Wave theory , I think the EURUSD corrective waves are NOT over yet, and it seems that EURUSD has completed the main wave X inside the rising wedge pattern. I expect EURUSD to decline to at least $1.126 AFTER breaking the lower line of the wedge pattern. Note: If EURUSD touches $1.14903 , we can expect more pump. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
7
EURUSD Pullback in Play – Next Stop: $1.1337EURUSD ( FX:EURUSD ) is moving in the Resistance zone($1.1310-$1.1162) while the upper line of the descending channel has been broken. According to Elliott Wave theory , a breakout of the descending channel can at least confirm the end of a corrective wave . The corrective wave structure was a Double Three Correction(WXY) . I expect EURUSD to rise to at least $1.1337 after completing a pullback to the upper line of the descending channel . Note: If EURUSD touches $1.11590, we can expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
5
EURUSD Near Top Of Channel — Correction Imminent!!!EURUSD ( FX:EURUSD ) is trading in the Resistance zone($1.1310-$1.1162) , near the upper line of the descending channel and the Monthly Pivot Point . In terms of Elliott wave theory , it seems that EURUSD has completed five main impulse waves , and with the break of the Uptrend lines , we should expect corrective waves . Most likely, EURUSD is completing microwave 4 , and we should expect the next decline and the formation of microwave 5 . I expect EURUSD to fall to at least $1.1073 , and the next targets are marked on the chart. Note: If EURUSD touches $1.1330 , we should expect further gains. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
1
EURUSD Is Ready to Break Resistance LinesEURUSD ( FX:EURUSD ) is trying to break the Resistance lines , it has tried several times in the past few days but failed. Will EURUSD succeed this time? In terms of Elliott wave theory , it seems that EURUSD has completed the main wave 4 near the Support zone($1.1300-$1.1160) and Support line , and we should wait for impulsive waves . Breaking the Resistance zone($1.1480-$1.1420) can confirm the end of the main wave 4 . Otherwise , the main wave 4 can have other forms. I expect EURUSD to break the Resistance lines in this attack and rise to at least $1.1384 , and the next target can be around $1.1437 . Note: If EURUSD can break below $1.1272(the worst Stop Loss(SL)), we can expect more dumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
1
EUR/USD Hits Highest Level in Over Three YearsEUR/USD Hits Highest Level in Over Three Years This morning, the euro surged above the 1.1300 mark against the US dollar for the first time since February 2022. Throughout this week, the EUR/USD pair has broken through the highs of both 2023 and 2024. Why Is EUR/USD Rising? Amid the whirlwind of news surrounding the imposition and suspension of tariffs in US–EU trade, one dominant factor stands out — the sell-off of US bonds. According to Reuters, long-term US Treasury bonds are being heavily sold this week. The yield on 10-year notes has jumped from 3.9% to around 4.4%, marking the steepest increase in yields since 2001. This may reflect a reaction by foreign holders of US debt to sanctions imposed by the White House, combined with growing uncertainty about the US economy — especially as recession fears gain more media attention. As a result, the US dollar is showing weakness against a range of currencies, including the Japanese yen, Swiss franc, and the euro. Technical Analysis of EUR/USD The chart reveals a clear ascending channel (marked in blue), with the price repeatedly interacting with its upper, lower, and median boundaries — highlighted with markers and arrows. Current bullish sentiment has pushed the pair towards the upper boundary of this channel. It’s possible this resistance line could halt further gains, potentially leading to a correction — perhaps down to the 1.11 level, which previously acted as a strong resistance point. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
"STOXX50 / EURO 50" Indices Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "STOXX50 / EURO 50" Index CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on! however I advise to Place sell limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. Stop Loss 🛑: (5450) Thief SL placed at the recent/swing high or low level Using the 2H timeframe swing / day trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 5200 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. "STOXX50 / EURO 50" Index CFD Market Heist Plan (Swing/Day) is currently experiencing a bearishness,., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 🔎👉👉👉🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
ICMARKETS:STOXX50Short
by The-Thief
Strong GDP, Weak USD – How Will EURUSD React!?Today's U.S. data showed strong GDP growth (2.4%) , but lower inflation ( 2.3% Final GDP Price Index ) and a weaker trade balance ( -147.9B ) suggest the Fed may remain cautious on rate hikes. This limits USD's strength , supporting a potential EURUSD rebound . EURUSD ( FX:EURUSD ) is moving in the Support zone($1.08180-$1.0745) and has also managed to break the Downtrend line . 50_SMA(Weekly) plays a good role of support for EURUSD . In terms of Classic Technical Analysis and Price Action , there is also a possibility that EURUSD will return to an uptrend with Inverse Head and Shoulders and Bullish Quasimodo Patterns . Regarding Elliott Wave theory , it seems that EURUSD has managed to complete the main wave 4 . The main wave 4 structure is an Expanding Flat Correction(ABC/3-3-5) . I expect EURUSD to trend higher in the coming hour s and rise to at least $1.0855 , and if the Resistance zone($1.0867-$1.0850) is broken, we should expect more pumping . Note: If EURUSD breaks below the 50_SMA(Weekly), we expect further declines. The worst Stop Loss(SL) could be $1.072. Please respect each other's ideas and express them politely if you agree or disagree . Euro/U.S. Dollar Analyze (EURUSD), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
1
Market Analysis: EUR/USD RetreatsMarket Analysis: EUR/USD Retreats EUR/USD declined from the 1.0950 resistance and traded below 1.0850. Important Takeaways for EUR/USD Analysis Today - The Euro started a fresh decline below the 1.0850 support zone. - There is a key bearish trend line forming with resistance at 1.0820 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair struggled to clear the 1.0950 resistance zone. The Euro started a fresh decline and traded below the 1.0850 support zone against the US Dollar. The pair declined below 1.0820 and tested the 1.0775 zone. A low was formed near 1.0776 and the pair started a consolidation phase. There was a minor recovery wave above the 1.0800 level. The pair tested the 23.6% Fib retracement level of the downward move from the 1.0954 swing high to the 1.0776 low. The pair is now trading below 1.0820 and the 50-hour simple moving average. On the upside, the pair is now facing resistance near the 1.0820 level. There is also a key bearish trend line forming with resistance at 1.0820. The next key resistance is at 1.0850. The main resistance is near the 1.0865 level or the 50% Fib retracement level of the downward move from the 1.0954 swing high to the 1.0776 low. A clear move above the 1.0865 level could send the pair toward the 1.0910 resistance. An upside break above 1.0910 could set the pace for another increase. In the stated case, the pair might rise toward 1.0950. If not, the pair might resume its decline. The first major support on the EUR/USD chart is near 1.0775. The next key support is at 1.0750. If there is a downside break below 1.0725, the pair could drop toward 1.0700. The next support is near 1.0650, below which the pair could start a major decline. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
EURUSD Bulls Eyeing FOMC–Will Powell’s Dovish Tone Fuel a Rally?As we approach the much-anticipated FOMC rate decision and Powell’s press conference , market sentiment is shifting, and EURUSD ( FX:EURUSD ) traders are closely watching for clues on the Federal Reserve’s next move . With recent economic data pointing to signs of slowing growth and cooling inflation, the Fed might adopt a more dovish tone , fueling further upside for EURUSD . Key Factors Driving the Bullish Outlook : Inflation & Economic Data : CPI and PPI data indicate a gradual cooling of inflation, which strengthens the case for a potential rate cut later this year. If Powell acknowledges this shift, it could weigh on the dollar. Market Pricing of Rate Cuts : Investors are already pricing in multiple Fed rate cuts for 2024. A dovish Powell could accelerate these expectations, weakening USD and pushing the EURUSD higher. ------------------------------------------------------------------ Now let's take a look at the EURUSD chart on the 2-hour time frame . EURUSD is moving near the Resistance zone($1.0983-$1.0916) and Yearly Resistance(1) . Regarding Elliott Wave theory , it seems that EURUSD has managed to complete the main wave 4 . The structure of the main wave 4 is the Double Three Correction(WXY) . The main wave 5 is likely to complete near the upper line of the ascending channel(possible) and Monthly Resistance(4) . I expect EURUSD to rise in the coming hours to the targets I have indicated on the chart, although the Federal Reserve Conference could create long shadows , but I think the supply and demand zones will still work but still pay more attention to money management today . Note: If EURUSD can break below the Potential Reversal Zone(PRZ) , there is a possibility of further decline in EURUSD. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
3
EURUSD Faces Resistance zone – Will Bears Take Over?The EURUSD ( FX:EURUSD ) has reached the Resistance zone($1.0983-$1.0916) as I expected in my previous post . Can the EURUSD break the Resistance zone($1.0983-$1.0916) ? EURUSD is moving near the Resistance zone($1.0983-$1.0916) , the Resistance line , and Yearly Resistance(1) . According to the Elliott Wave theory , EURUSD seems to have completed 5 impulse waves and we can expect Corrective Waves . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . I expect the EURUSD to decline to at least the Support zone($1.0817-$1.0760) in the coming hours after breaking the lower line of the ascending channel . One of the EURUSD targets could be as wide as the ascending channel . Note: If EURUSD breaks the Resistance zone($1.0983-$1.0916), we can expect more pumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
5
EURUSD’s Pullback in Play: Next Stop $1.0934?The EURUSD ( FX:EURUSD ) has managed to break through the Resistance zone($1.0817-$1.0760) and has been on a good upward trend with good momentum in the past week. The EURUSD appears to be completing a pullback to the Resistance zone (broken) . According to the Elliott Wave theory , the EURUSD appears to have completed wave 4 , which is a Double Three Correction(WXY) . I expect EURUSD to rise to the Resistance zone($1.0983-$1.0916) after completing the pullbac k. Note: If EURUSD goes below $1.0755, we can expect more dumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
5
Euro / U.S. DollarEuro Chart Update Hello dear traders, According to the DXY analysis, I have identified the suitable entry point for the Euro. Friends, please use the 15-minute timeframe for optimal entry, and be sure to pay attention to the reversal zones. You can even take advantage of these zones for minor fluctuations. Important Points: Support (4H): 1.03547 Imbalance: 1.03144 IFC 4H Candle: 1.03060 And finally, our main target is 1.01776. Thank you for your support. A very simple and clear chart has been drawn for your use. Wishing you all success! Fereydoon Bahrami A retail trader in the Wall Street Trading Center (Forex) Risk Disclosure: Trading in the Forex market is risky due to high price volatility. This analysis is solely my personal opinion and should not be considered financial advice. Please do your own research. You are responsible for any profits or losses resulting from this analysis.
Short
by fereydoon1199
Market Analysis: EUR/USD Gains PaceMarket Analysis: EUR/USD Gains Pace EUR/USD started a decent upward move above the 1.0460 resistance. Important Takeaways for EUR/USD Analysis Today - The Euro found support and started a recovery wave above the 1.0400 resistance zone. - There is a connecting bearish trend line forming with resistance at 1.0460 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from the 1.0290 zone. The Euro climbed above the 1.0400 resistance zone against the US Dollar. The pair even settled above the 1.0450 resistance and the 50-hour simple moving average. Finally, it tested the 1.0515 resistance. A high is formed near 1.0514 and the pair is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the 1.0292 swing low to the 1.0514 high. Immediate support is near the 1.0445 level. The next major support is at 1.0400 and the 50% Fib retracement level of the upward move from the 1.0292 swing low to the 1.0514 high. If there is a downside break below 1.0400, the pair could drop toward the 1.0375 support. The main support on the EUR/USD chart is near 1.0290, below which the pair could start a major decline. On the upside, the pair is now facing resistance near 1.0460. There is also a connecting bearish trend line forming with resistance at 1.0460. The next major resistance is near the 1.0515 level. An upside break above 1.0515 could set the pace for another increase. In the stated case, the pair might rise toward 1.0550. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
EURUSD Hits Resistances—Reversal Incoming?As I expected in the previous post , the EURUSD( FX:EURUSD ) touched my Targets and is creating the second top of the ascending channel. The EURUSD is in the Resistance zone($1.0537-$1.04500) , Potential Reversal Zone(PRZ) , Resistance lines , and Time Reversal Zone(TRZ) near the Monthly Resistance(1) and the upper line of the ascending channel. In terms of Elliott wave theory , EURUSD seems to be completing microwave 5 of the main wave C of the Zigzag Correction(ABC/5-3-5) . I expect the EURUSD to start falling soon, and it is likely to form a Head and Shoulders Pattern to continue the decline. Note: If EURUSD touches $1.055, we can expect more pumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
9
EURUSD’s Bullish Breakout—Targets Set for $1.046 & $1.049!EURUSD ( FX:EURUSD ) came to the above of the 100_SMA(4-hour) once again and managed to break the Resistance zone($1.039-$1.033) and Resistance lines , and today we saw EURUSD made a pullback to this zone. It is also possible that EURUSD will form an ascending channel , so we have to wait for the second hit to the Upper line and confirm its major point . I expect the EURUSD to trend higher after coming above the 100_SMA(4-hour) and attacking the next Resistance zone($1.0537-$1.04500) and Resistance lines . The First Target: $1.04651 The Second Target: $1.04981 Note: If EURUSD touches $1.0347, we can expect more dumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
3
Bearish Flag & Quasimodo Patterns—Is EURUSD Set to Drop?First, let's have a Fundamental Analysis of EURUSD ( FX:EURUSD ). The EURUSD rate is influenced by several key fundamental factors : 1. Divergent Economic Indicators : United States : Recent data indicates a robust labor market, with job growth maintaining momentum. This strength supports the U.S. dollar, as investors anticipate potential monetary policy tightening by the Federal Reserve to manage inflationary pressures. Eurozone : Conversely, the Eurozone faces economic challenges, including unexpected inflation acceleration and declining industrial production, particularly in Germany. These factors may constrain the European Central Bank's (ECB) ability to adjust interest rates, potentially weakening the euro. 2. Central Bank Policies : Federal Reserve (Fed) : The Fed's recent communications suggest a cautious approach to interest rate adjustments, balancing economic growth with inflation control. The prospect of maintaining or increasing rates could further bolster the U.S. dollar. European Central Bank (ECB) : The ECB is grappling with rising inflation amidst a struggling economy. This scenario complicates policy decisions, as increasing rates to combat inflation might hinder economic recovery, thereby exerting downward pressure on the euro. 3. Geopolitical Developments : The U.S. administration's recent tariff threats have introduced uncertainties in global trade. Such actions typically lead investors to seek safe-haven assets, benefiting the U.S. dollar due to its perceived stability. In summary, the EURUSD is currently experiencing downward pressure , driven by stronger U.S. economic performance, proactive Federal Reserve policies, and geopolitical factors favoring the U.S. dollar. Conversely, the Eurozone's economic difficulties and the ECB's constrained policy options contribute to a weaker euro. These dynamics suggest a potential continuation of the EURUSD's bearish trend in the near term . -------------------------------------- Now, let's analyze the EURUSD chart in terms of Technical Analysis . EURUSD is moving near the Resistance zone($1.039-$1.033) , Potential Reversal Zone(PRZ) , 100_SMA(4-hour) , Monthly Pivot Point , and Resistance lines . Each of these items is considered a good resistance for EURUSD . In terms of Price Action , if we look at the EURUSD chart in the 1-hour time frame , we can see the Bearish Quasimodo Pattern , which is one of the reasons for EURUSD's fall . Educational Note : The Bearish Quasimodo Pattern is a price action reversal pattern that signals a potential downtrend. It forms when the price creates a higher high (HH) followed by a lower low (LL) and a lower high (LH), breaking the market structure. From the point of view of Classical Technical Analysis , it seems that EURUSD has managed to form a Bearish Flag Continuation Pattern . It is a good sign for the continuation of the downward trend of EURUSD . Educational Note : The Bearish Flag Pattern is a continuation pattern that signals the continuation of a downtrend. It consists of a sharp downward move (flagpole) followed by a consolidation phase in a small upward-sloping channel (flag). A breakdown from the flag confirms the pattern, indicating further price decline. According to the theory of Elliott waves , according to the volume of the previous movement, it seems that EURUSD is completing wave 4 , and it is possible that we are still in the main wave 3 even with a further fall. I expect EURUS D to fall to at least the Support zone($1.0285-$1.0255) after entering the PRZ or after breaking the lower line of the ascending channel of the bearish flag pattern, and if this zone is broken , we should expect to fall to the next Support zone($1.0222-$1.0175) and Monthly Support(1) . Note: If EURUSD touches $1.03700, we can expect more dumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
9