EUR/USD. The Euro began to fall against the Dollar due to Russia's attack on Ukraine. Conflict in Europe is a high risk and unpredictability of investment in the European economy leads to capital outflow to safer markets.
The outflow of capital from the EU goes to the U.S. market, which causes Euro to fall against the Dollar.
The price is now at 1.10 level and...
The sentiment of EUR/USD still remains bearish, as the price keeps printing Lower Highs and Lower Lows. This morning, the price managed to spike above 1.098 zone of previous support later on turned resistance, which also acts as the resisting point of the previous lower-timeframe Lower High. However, it was not able to hold much longer above the local zone and it...
The price is consolidating under the local resistance level 1.09735. I expect the price to fall along the trend. My goal is support 1.0886
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Today is the FED Interest Rate decision.
This will definitely cause some moves which will present us with some trading opportunities.
We saw price holding yesterday which probably means that the market is awaiting the news to find its next clear move.
Like we said in our analysis yesterday, best case scenario would be to see price pushing up to 1,1200 and then...
Hey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.10500 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Level 1.10100 is still a resistance for buyers, which is difficult for them to overcome. It is expected that the price will not be able to close higher in the near future and we should wait for the instrument at the level of 1.09015.
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➡️ The currency pair failed to hold above 1.10000 on Tuesday and moved into a phase of consolidation early on Wednesday as investors wait for policy announcements from the US Federal Reserve. In order for the pair to continue rebounding, it is necessary to resume sales of the dollar.
Despite the positive moments from Ukraine that the negotiations can still be...
In the next 24 hours im looking for this pattern to be completed. Bear flag has formed broke and currently testing. Waiting for a rejection candle around current price action for a small but fairly simple trade on the 30M timeframe.
Good luck traders please manage your risk according to your account
Since yesterday, the same scenario is expected. The price is expected to approach the level of 1.09235.
SELL scenario: Short is expected from current levels.
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Remember, there is no place for luck in trading - only strategy!
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The Fed will start its interest rate tightening cycle tonight.
US stock markets had a better run yesterday with main indices closing up to 3% higher. Support in the Nasdaq at 12552 (38% retracement on 2020-2021 post-Covid-rally) held for a second time, but the technical picture obviously doesn’t improve yet. We hold our view that 2022 will be tough year for...
n this post, I'll be demonstrating how the Fed's rate hikes affect the equity market (or how they don't), through historical examples and analyses of market psychology. This is an issue that has been going on for a while, and one that has caught the attention of all market participants. Yes, tapering and rate hikes
EURUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
We were actually expecting 1.09900 to hold price for a bearish trend but we were wrong. Stop loss orders were taken above 1.09938 and hit our second invalidation point at 1.10133 and broke the 4H swing low so we're expecting a pullback to get short as you can see on the chart targeting sell stops below that 1.08059 level.
History has proved time and again that the public is always wrong. Even if no one thinks that EURUSD will rise, I will insist. The mid-term reversal has begun. Today's fed meeting is a signal gun. Persistence will win, just like the firm belief in gold and silver at the beginning of this year. The bottom crowd always tends to be short. Today, I was shocked to see...
EURUSD has been on a massive downtrend. I will be taking a sell trade when price gets to my distribution POI( 1hr DBD).
I will like to see price reject the area before taking the trade and my target will be the equal lows.
History often repeats itself, this time we have an important level of support that should hold and have a small swing, to make the full swing later.
Best Regards.
@MartinTopTrader
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.
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