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Rai Basit
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📈 Euro / U.S. Dollar Update 📉 The EUR/USD pair is currently trading at 1.10265, showing a notable +0.49% rise! 🚀 Here’s a snapshot of today’s key levels: - SELL at: 1.10265 - BUY at: 1.10288 Support & Resistance Zones: - 1.10000 – 1.10300 📍 Stay ahead of the market with Binance. 🌟 Dive in now and make informed trading decisions! #Binance #BinanceLaunchpoolTON #ForexTrading #EURUSD #MarketUpdate
📈 Euro / U.S. Dollar Update 📉

The EUR/USD pair is currently trading at 1.10265, showing a notable +0.49% rise! 🚀

Here’s a snapshot of today’s key levels:
- SELL at: 1.10265
- BUY at: 1.10288

Support & Resistance Zones:
- 1.10000 – 1.10300 📍

Stay ahead of the market with Binance. 🌟 Dive in now and make informed trading decisions!

#Binance #BinanceLaunchpoolTON #ForexTrading #EURUSD #MarketUpdate
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Bullish
$EUR has an official daily close above 1.10 per ECB data, #EURUSD should no longer drop under 1.077 for the immediately bullish path and preferably not under 1.088 to keep the pressure up for the #Elliottwave 1-2-i-ii set-up. Move your stop to at least break-even if entered from lower, otherwise 1.094 and 1.088 are interesting *intraday* stop to long #euro against #dollar or wait for a weekly close above 200wma, a failed break-out i.e. a weekly close below 200wma after a previous close above it, like in July 2023 will be a red flag for bulls. Back on Binance EURUSDT seems to be respecting fib ratios, eyeing 1.16 as first #EUR upside target.
$EUR has an official daily close above 1.10 per ECB data, #EURUSD should no longer drop under 1.077 for the immediately bullish path and preferably not under 1.088 to keep the pressure up for the #Elliottwave 1-2-i-ii set-up. Move your stop to at least break-even if entered from lower, otherwise 1.094 and 1.088 are interesting *intraday* stop to long #euro against #dollar or wait for a weekly close above 200wma, a failed break-out i.e. a weekly close below 200wma after a previous close above it, like in July 2023 will be a red flag for bulls.
Back on Binance EURUSDT seems to be respecting fib ratios, eyeing 1.16 as first #EUR upside target.
#EURUSD So far so good. Now I will love to see it taking some highs and having a nice pull back into the range for upward continuation. #forex #forextrading
#EURUSD So far so good.

Now I will love to see it taking some highs and having a nice pull back into the range for upward continuation.

#forex #forextrading
#EURUSD / long term analysis Taking the March heights out and having a correction , creating inverted H&S before the attack of the December 2023 top. #forex #forextrading
#EURUSD / long term analysis

Taking the March heights out and having a correction , creating inverted H&S before the attack of the December 2023 top.

#forex #forextrading
Short has been Taken & 3.21R achieved, Based on the HTF Bias. #EURUSD Short setup.
Short has been Taken & 3.21R achieved, Based on the HTF Bias.
#EURUSD Short setup.
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Trader_PKR
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Bearish
EURUSD Price analysis 12-May 2024

#EURUSD
Short Opportunity
#EURUSD *not an advice , just sharing my trades
#EURUSD

*not an advice , just sharing my trades
#EURUSD could provide some really good long opportunities in the next week, before the downtrend continuation. Especially if we have a weekly close above the bottom of the previous downward swing ( 1.0725 ) #forex #trading
#EURUSD could provide some really good long opportunities in the next week, before the downtrend continuation.

Especially if we have a weekly close above the bottom of the previous downward swing ( 1.0725 )

#forex #trading
#EURUSD - the first liquidity is already taken , we had a nice pull back into a daily fvg + rebound from it. Having a higher low into the fvg on lower time frames will be a nice entry imo, targeting the next liquidity levels above. *not an advice , just my thoughts. #forex #trading
#EURUSD - the first liquidity is already taken , we had a nice pull back into a daily fvg + rebound from it. Having a higher low into the fvg on lower time frames will be a nice entry imo, targeting the next liquidity levels above.

*not an advice , just my thoughts.

#forex #trading
DXY💲Dollar Index Dives Back to 102.00 After Inflation-Fueled Buying Spree Wears Off✍️Forex traders shrugged off a hotter-than-expected consumer price figure for December, leading the 💲dollar lower.The dollar index #DXY retreated early on Friday, continuing its decline from a day earlier when a surprise bump in inflation caught forex traders in a limbo. December's consumer price index showed price pressures reared up again, landing at 3.4% against a 3.2% consensus.First moves post-news saw the #US dollar sprinting fast, gaining around 0.6% to 102.80. By the end of the session, the greenback was back at its opening levels near 102.30. Traders appear to have maintained their firm belief that the Federal Reserve will indeed trim interest rates three times as indicated at the central bank's final meeting of 2023.Against that backdrop, the dollar was fairly flat to close the day, after the elevated inflation-fueled whipsawing wore off. The to grind its way toward the 💲1.10 threshold, and the a one-month high of 💹146.41 to levels around 💹145.40. #EURUSD pair went back #USDJPY slippe$d from

DXY💲Dollar Index Dives Back to 102.00 After Inflation-Fueled Buying Spree Wears Off

✍️Forex traders shrugged off a hotter-than-expected consumer price figure for December, leading the 💲dollar lower.The dollar index #DXY retreated early on Friday, continuing its decline from a day earlier when a surprise bump in inflation caught forex traders in a limbo. December's consumer price index showed price pressures reared up again, landing at 3.4% against a 3.2% consensus.First moves post-news saw the #US dollar sprinting fast, gaining around 0.6% to 102.80. By the end of the session, the greenback was back at its opening levels near 102.30. Traders appear to have maintained their firm belief that the Federal Reserve will indeed trim interest rates three times as indicated at the central bank's final meeting of 2023.Against that backdrop, the dollar was fairly flat to close the day, after the elevated inflation-fueled whipsawing wore off. The to grind its way toward the 💲1.10 threshold, and the a one-month high of 💹146.41 to levels around 💹145.40. #EURUSD pair went back #USDJPY slippe$d from
#EURUSD - a clear breakout above the diagonal resistance holding the price since March. All the liquidity in the intermediate range is a target. #forex #forextrading
#EURUSD - a clear breakout above the diagonal resistance holding the price since March.

All the liquidity in the intermediate range is a target.

#forex #forextrading
The #eurusdt pair does a decent job at tracking the #EURUSD fx rate on the daily level, while the hourly slippage due to low volume makes it difficult to trade. But sometimes even slippage has interesting structure and I can make case for 3 waves down retracing exactly 0.618, after 5 wave up in #Elliottwave term. $EUR holders who are planning a visit in the dollar region in the next few months might want to start thinking about the exchange as I think the #euro is in a structural uptrend against the #dollar eyeing 1.16 and potentially 1.2+. One can opportunistically put some small buy orders below current price to capture potential slippage.
The #eurusdt pair does a decent job at tracking the #EURUSD fx rate on the daily level, while the hourly slippage due to low volume makes it difficult to trade.
But sometimes even slippage has interesting structure and I can make case for 3 waves down retracing exactly 0.618, after 5 wave up in #Elliottwave term.
$EUR holders who are planning a visit in the dollar region in the next few months might want to start thinking about the exchange as I think the #euro is in a structural uptrend against the #dollar eyeing 1.16 and potentially 1.2+.
One can opportunistically put some small buy orders below current price to capture potential slippage.
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Binance Announcement
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EUR Spot Campaign: Trade EUR to Get Up to 250 USDC in Token Voucher!
Fellow Binancians,
Binance has launched a new promotion for users in the Euro (EUR) zone. During the Activity Period, users who click [Register Now] on the Activity page and trade a minimum of 100 EUR on any of the available EUR spot trading pairs (including both buy and sell transactions), will be eligible for rewards.
Activity Period: 2024-06-13 12:00 (UTC) - 2024-06-26 12:00 (UTC)
Each eligible user may qualify to receive up to 250 USDC in token voucher as per the rewards structure below. Rewards will be distributed to a limited number of qualified users in each tier on a first-come, first served basis.
The final token voucher reward received by each qualified user depends on their total EUR trading volumes on Binance Spot during the Activity Period.
EUR Reward Structure
TierMinimum EUR Trading Volume on Binance Spot During Activity PeriodUSDC Token Voucher Reward Per Each Qualified UserNumber of Qualified Users1500,000250202100,0005075310,0002515041,0003500510011,000
Join the Promotion Now!
Terms & Conditions
Only verified users who click [Register Now] on the Activity page during the Activity Period will be eligible for any rewards.This Activity is open to retail users only. VIP and institutional clients are not eligible to participate in this Activity.Each user may qualify for a maximum of one reward on a first-come, first-served basis.Token voucher rewards will be distributed to eligible users within 14 working days after the Activity ends. Users may check their rewards via Account > Rewards Hub.The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a token voucher.A sub-account’s trading volume will not be combined with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this Activity.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self dealing, or market manipulation).Binance reserves the right in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice at any time, including but not limited to canceling, extending, terminating, or suspending this Activity, its eligibility terms, and criteria, the selection and number of winners, and the timing of any act to be done.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-06-13
Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
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