Eurusdshort
EURUSD whats next? 2Hello Birdies,
First lets talk about chart:
We have two black lines on chart there history will be posted in comment as screenshot
The red line + black line + circle is providing strong resistance and price already fallback inside the circle
There is a lot of liquidity in terms of imbalances
So in long run we are seeing EUR @ 0.85-0.88 as per chart the time will be around May-Aug 2024
EUR/USD +5.42% 12/16Entered this oversold position early this AM. think it was like 7:15 CST (got into work early) had inventory starting at 730 so set a lower profit target but had profit/risk at 1.5 made a nice little $57.50 off 50,000 units (~$1,060 USD) while I was away doing my work. Checking back in & think I planned accordingly for current market behavior. LMK what yall think for tips/ tricks/ recommendations please! :)
#EURUSD Targets And ScenariosIts is clear that EURO has a nice bounce.
It is more probable that euro will go down, and for this scenario we have two targets, the second one is the parity.
and bear in mind that an up side scenario is still possible, so manage your trades and follow a proper risk management.
EURUSD short analysisHello Tradingview family and EMkioko followers,
Hope you had a fruitfull trading week.
Eurusd hit my weekly high as per my previous analysis below
We are now noticing the pair make lower highs and lower lows an indication that we are exhausting upward pressure.
We will be targeting to capture bearish patterns today and in the near future.
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So keep an eye on FED UPDATES and US DATA.
- Definitely, according to the market structure, EURUSD can go down to the support level of 1.0500 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. After that, EURUSD can go up to 1.0900 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it. eurusd
EUR/USD: PAIR FORECAST BY VUGARHello guys!
As you seen, EUR/USD created nice bullish trend from starting 0.95400 price level. It already gained many positive pips and continues to grow.
But, I think that there is a strong barrier here. This barrier is situated at 1.07820 level which is strong point.
So, what may be in next weeks?
In my opinion, EUR/USD will grow up until 1.07500. Why?
Because, upper from this price is coming 1.07820 level which I noted as barrier. If EUR/USD can break it and will strenghten above 1.07900 then we can see the next targets:
Firstly, 1.09830
Secondly, 1.11500
This is a longway and we can see retracements here. However, this pair is beloved pair of Forex traders and their interest to it can push EUR/USD up.
If price will remain under 1.07800 then we can see middle-term flat situation which can take some next. Pair will attempt break it but strong barrier will hinder it.
This is just my opinion.
I have forecasts related to downside movements also.
Firstly, 1.04330
Secondly, 1.02100
Note: it is good to stay ajar in the period of Christmas.
Good luck.
EUR/USD likely to fall!Hey tradomaniacs,
EUR/USD is giving us a great opportunity to sell after the recent breakout.
Still EURO is pretty choppy compared to all other pairs vs USD, so be cautious!
Overall a great chance I guess as risk-off after Jerome Powell continues!
WATCH OUT: BIG EXPIRATION TOMORROW! VOLATILITY POSSIBLE!
What do you think?
EUR/USD overbought short +9.4 update So it looks like EUR/USD continued down as I predicted before. Profits could have been tripled but oh well, can't predict the market to a T. If you guys have any ideas on how to time my trades for entries/exits better please let me know! I love any feedback anyone has :)
EUR/USD overbought short +9.4% 12/15/2022 Tried this a bit earlier when RSI started to break trend but was stopped out after seeing a quick profit, trend was still too strong. Entered again when confirming overbought area. +DI started to break its trend and trend downwards, RSI broke trend & candle was starting to close within Bollinger Bands. As I type this has continued a bit further down and you could use the middle bollinger as a take profit yet fighting the trend I did not & recommend not doing that. We shall see if it hits that area later & maybe I'll do an update of where this trade could have landed but I have a Secret Santa & lunch out today for work so don't know if I will have the time :) until next time amigos!