EURUSD

Quoting DrDave

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{quote} GOODBYE BEARS If you are looking at rather large TFs such as weekly and higher, then sure. But the pullbacks in those big TF uptrends will certainly have H4 and smaller TF traders feeling like bears have returned. The image is plotted on MN1 TF. The Red/Green line is about the 1.5 year TF, and it is clear that it is an an upswing. The dashed green vertical is about where the start of that swing is. The yellow/pink MN2 is clearly making a pullback, and it is expected that MN4 will join it before price resumes its upward trend. {image}

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“We expect the greenback to strengthen against most G10 and emerging market currencies in the foreseeable future. The Fed has already sped up the tapering of its bond purchases, and with interest rate hikes now seemingly imminent, the Fed has shifted to a more hawkish stance on monetary policy. As the Fed continues to tighten monetary policy at a quicker pace than markets previously expected, we expect capital flows toward the U.S. dollar to materialize over the course of this year.”

Quoting ForexGoose

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{quote} https://www.fxstreet.com/news/usd-li...o-202201131517 {quote} The weekly and monthly trend is still bearish for EUR/USD. Out of the G10 currency pairs, I think that the best trades will be to sell EUR/USD rallies, buy USD/CHF and USD/SEK dips.

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Quoting Bones

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this trend is 100% over you can't draw it any other way ,the monthly turned bearish ,don't adjust it or bend it ,your be wrong very high probability it will probably test a respected line like that but it could go further next week first {image}

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Quoting ForexGoose

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{quote} I show the 100DMA and 200DMA as trend lines. It doesn't look like the trend is over. Dollar bears can be trapped if they sell and expect the dollar to be weak in 2022. You could probably say that the trend is 100% over if EUR/USD somehow manages to exceed the 200DMA, which I don't think is likely to happen. {image} {image}

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Quoting Robinhood1

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eurcad reversal pattern. target 14945

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Quoting Techanalyst

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{quote} EURCAD next price will be at around 1.40. {image}

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Quoting Techanalyst

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{quote} EURCAD next price will be at around 1.40. {image}

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Quoting Robinhood1

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{quote} i am going to make it easier still for you, before 14230

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Quoting Techanalyst

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{quote} Try to make it easier for yourself. The difference is, you are guessing off the charts, I have macroeconomics reasons behind why EURCAD is going further down. Good luck with that 1.49.

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Quoting Robinhood1

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{quote} Time will tell

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Quoting here2there

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{quote} Of course it is going to look bearish. It takes time for a trend to change enough to become obvious.

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Quoting DrDave

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{quote} For sure! And when in a down trend, the start of EVERY rally has to be considered as possibly the first swing starting a new uptrend. So it is only after the rally ends that a decision be made to mark it as a mere rally in the down trend or to mark it as the start of a new uptrend.

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