EURUSD forecastIf you haven`t seen my last idea:
Then you should know that as long as the war continues and the sanctions to Russia, we will see a weaker Euro and a stronger Dollar.
EUR/USD is the most actively traded currency pair in the world.
The European Union rely on Russia for almost 38% of their imported natural gas .
Germany gets about 50% of its natural gas and coal from Russia, and a third of its oil .
German economy was by far the largest in Europe!
Next target for EURUSD is 1.035
Looking forward to read your opinion about it.
Eurousd
EURUSD forecast EUR/USD is the most actively traded currency pair in the world.
The European Union rely on Russia for almost 38% of their imported natural gas.
Germany gets about 50% of its natural gas and coal from Russia, and a third of its oil.
German economy was by far the largest in Europe!
My price target for the EURUSD pair is 1.073 and even 1.051 if the energy crisis intensifies.
EURUSD - LT ViewEURUSD - LT View
At key trendline area, we broke that on ECB, Dovish - Was a fantastic move there was probably a lot of stops below 1.08 area! Well, it will be interesting how we close this month do we carry on trend is your friend or have a short term pull back & let's not forget next FED's...Excellent moves available.
Trust your trade plan!
TJ
BUY EURUSDjust an idea and trade at your own risk.
EURUSD reached a strong demand zone around 1.5-1.6 area and the lower down channel line on the daily and weekly timeframes.
It is very important for the month to close near the 1.09-1.10 area for the next bullish movements, if it fails next is below parity and into the 0.89 area.
EURUSD forecast If you haven`t seen some of the previews charts with targets reached:
or
EUR/USD is the most actively traded currency pair in the world.
The European Union rely on Russia for almost 38% of their imported natural gas .
Germany gets about 50% of its natural gas and coal from Russia, and a third of its oil .
German economy was by far the largest in Europe!
My price target for the EURUSD pair is 1.073 and even 1.051 if the energy crisis intensifies.
SHORT EURUSD (WEEKLY TIMEFRAME)Just an idea and trade at your own risk.
EURUSD is still bearish and in its downtrend channel on the daily and weekly timeframes.
The next targets are around the next demand zones first at 1.07 and then 1.05.
EURUSD is heading to the lower downtrend channels (intersection of white and red downtrend lines) at the stronger demand zone at 1.05.
SHORT EURUSDJust an idea and trade at your own risk.
EURUSD is still bearish and in its downtrend channel on the daily and weekly timeframes.
The next targets are around the next demand zones first at 1.07 and then 1.05.
EURUSD is heading to the lower downtrend channels (intersection of white and red downtrend lines) at the stronger demand zone at 1.05.
SHORT EURUSDJust an idea and trade at your own risk.
EURUSD remains bearish on all timeframes.
EURUSD rejected twice the previous demand and current supply zone around 1.1150 (which now stands now as a resistance area for change in trend).
EURUSD is almost breaking out of its bearish flag, to reach out to the next demand zone and the lower downtrend channel at 1.05-1.06.
EURO is deemed to drop!-While rising inflation puts extra pressure on FED's monetary policy strategies, at least they are trying to do something about it with their little 0.25 hikes (don't get me wrong, sarcastic over here).
-But the European Central Bank (ECB) is not even doing that. They are planning to raise the rates in Q4 although Europe is expected to have worse inflation than U.S. That's because Europe has a higher dependency on energy and commodities that comes from Russia.
-We don't see euro going up in short-mid term.
SHORT EURUSD (4H timeframe)Just an idea and at your own risk.
EURUSD is still bearish and still in its downtrend on all timeframes.
It is nearing its end correction phase after reaching the supply zone around 1.11-1.12 and a bearish flag is forming.
The next breakdown will lead to yearly lows into the next target and demand zone 1.05-1.06.