Eurusdforecast
EURUSD Analysis 27Aug2023last week's analysis responded positively by the market. the price dropped to the support area and is currently stuck there. if you look at the market pattern, there is a possibility of a simple correction a-b-c with the current price heading to wave c. if you pull the Fibo extension, then the price is right in the 0.786 Fibo area. there is a possibility that the price will move towards fibo 1 where in that area the price will usually reverse.
EURUSD Top-down analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/USD Analysis for Thursday August 10thCorrection in the video: I meant PPI numbers, not CPI*
In this video I share a potential bullish setup for the EUR/USD and what I'm looking for in terms of targets and trend continuation.
The EUR/USD has been on a slight uptrend and continues to make decent pullback dips for us to position ourselves for the next potential swing.
Trading Tip: Use a stop loss and stay patient in your trading approach. There is no need to rush or chase any market. Protect your capital and patiently observe the price action movement.
EURUSD Analysis 7Aug2023At the end of the week, the trendline is holding steady and there are limits to the potential returns. However, we can observe that the bearish trendline has been positively responded to three times, which is often a signal that the bearish trend is still dominant. Additionally, there is a liquidity area (highlighted in yellow) below SND that typically receives a positive response from the price in the future. It is likely that the price will fall further than the liquidity area.
EURUSD Analysis 30July2023This pair is in a strong support area for closing last week. Where the price is stuck by trendline as support and trying to penetrate SR Flip. If the price goes down again the closest target is SND below. Meanwhile, if the price responds positively to trendline, then the price is likely to be bullish again with the QM area as a target
Long Term Bullish on EUThis is the Yearly chart and it carries so much weight.
We can see price traded lower into a deep discount of the range and we were stuck in a range for 8 Years dating back to 2015.
Looking more closely, this range where price has been trapped is a battle between the Imbalances (Grey zones).
Discount Imbalance sends price into premium imbalance and also subtly creates a massive pool of sell-side liquidity below it and just above the most discount imbalance(purple zone).
Premium Imbalance sending price back lower to run the stops below the most recent low and with the sell-side liquidity now paired with fresh institutional longs, I believe this could be the perfect storm needed to see higher prices on this instrument.
As nothing is ever certain in these markets, I would need to see this year close as a Bullish Engulfing to confirm a Bullish Bias, and if at the end of this year, we close lower than last year's low, then my Bullish Bias would be simply put in the back seat.
I hope you found this useful. Also, you can request insight on the instrument of your choosing and in my free time, I can take a look at it for you.
EURUSD: Important Breakout & Technical Outlook 🇪🇺🇺🇸
EURUSD was unstoppable this week:
the market formed a huge high momentum bullish candle on a weekly time frame,
violating a major horizontal resistance.
From the beginning of the year, the pair was forming a bullish accumulation pattern
setting equal highs and higher lows.
The violation of a resistance is a very important bullish signal.
It will most likely push the prices much higher.
Next goal - 1.145
The market is very overbought at the moment,
so I would suggest buying after a pullback.
❤️Please, support my work with like, thank you!❤️
EURUSD Analysis 13July2023assuming that currently wave 3 is formed, with the theory that wave 3 is not the shortest wave, then we take the assumption that wave 3 has the same wave length as wave 1. then the wave 3 target is still a few pips away since this analysis was made.
You can place a pending buy limit order at the SR Flip area in the blue box below.
EURUSD Analysis 10July2023although the HnS pattern is formed, the price is not necessarily bearish, if you look at the a-b-c-d-e pattern that occurs, this is a complex correction. it is likely that the correction has been completed and now the price is returning to the impulse. you can take the opportunity to go long when there is a correction.
EURUSD 29June2023the analysis corresponds to the area where the reversal is expected. the price is right towards the fibo retrace 0.236 and also the QM area.
with the price movement until now still in accordance with the analysis, there is a high probability of EURUSD bearish until the support area below. there is an opportunity of +190pips to gain profit.
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.