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EUR/USD Mini

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EURUSD.1.MINI trade ideas

EUR/USD recovers to 1,0600, what is the conspiracy EURUSD?Hello everyone! Let's join Samson in exploring today's market! EUR/USD is currently battling with the 1.0600 level on its path to recovery during the European trading session on Tuesday. This currency pair is receiving support from the pause in the US dollar's rally and the low-interest rates of US Treasury bonds, as risk sentiment stabilizes. We are awaiting data from the United States. On a 4-hour chart, the support zone around 1.0560 may trigger a rebound. The levels at 1.0600 and 1.0630 have now become significant resistance levels. A decline below 1.0550 could lead to increased volatility and a higher likelihood of rapid price decreases.
by Samson-FX
EUR/USD weakened near the lowest level in the last 6 monthsSamson greeted everyone and would be happy to see you in today's discussion. Currently, EUR/USD is holding less than 1,0550, of which the US dollar remains stable and benefits from the psychology of hesitation that has supported the green coins on Tuesday. Price for this currency pair. EUR/USD exchange rate for short time at 1,0600 but quickly decreased. This pair of money reaches a low level of 1,0561. The 4 -hour chart shows the downtrend and the money pairs continue to search for support. As long as this pair of money is still below 1,0735, the negative trend will continue to exist.
by Samson-FX
EURUSD is having difficulty recoveringHello everyone! It's great to see you all again and have a discussion about the market today. Today, the exchange rate of EUR/USD is showing a downward trend. It has started to decrease and is currently trading at 1.0500. This currency pair is trying to make a slight recovery. HOWEVER, along with that, there is also a modest decline in the US dollar, amid optimistic sentiment and slow pace of interest rate hikes by the US Federal Reserve, which is supporting this currency pair. In my personal opinion as an analyst (AD), the resistance level at 1.0604 may be adjusted once again and then expect it to decrease towards the support level at 1.0455.
by Samson-FX
EURUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Short
by okako_trading
EURUSD falls in a head and shoulders patternJoin Darius as we delve into the market today. During Thursday's Asian session, EUR/USD is trading above 1.0500, making a gradual comeback from its eight-month low of 1.0488. The pair is receiving some support due to a slight decline in the US Dollar and sluggish US Treasury yields, amidst an optimistic sentiment. The lowest point reached by EUR/USD was 1.0488, marking its lowest level since March and sitting just above the year-to-date low of 1.0483. Currently, the pair is hovering around 1.0500 with a bearish inclination following a modest rebound. On the four-hour chart, there has been recovery observed after touching the lower boundary of the descending channel which indicates a possible correction or consolidation phase ahead. However, if there is a decisive drop below 1.0480, it could potentially trigger an acceleration towards the next support area at 1.0455 while immediate resistance can be found at 1.0550.
Short
by Darius_trader
EURUSD bounces off 10-month-old support but remains bearishEURUSD pares weekly losses ahead of the key inflation data from the Eurozone and the US. In doing so, the Euro pair rebounds from horizontal support comprising lows marked since November 2022, around 1.0485-80, as the RSI (14) takes a U-turn from the oversold territory. The same joins the looming bull cross on the MACD to direct the pair towards the nine-month-old previous support line, close to 1.0650 at the latest. However, the mid-September highs of around 1.0765-70 and the convergence of the 50-SMA and the 200-SMA, surrounding 1.0830, will act as tough nuts to crack for the buyers before retaking control. On the contrary, the EURUSD pullback remains elusive beyond the immediate horizontal support line surrounding 1.0480. Following that, the 50% Fibonacci retracement of September 2022 to July 2023 upside of near 1.0400 will precede the late November 2022 bottom of around 1.0220 to test the Euro bears. In a case where the major currency pair remains bearish past 1.0220, the 61.8% Fibonacci ratio of around 1.0200 will act as the final defense of the pair buyers. Overall, EURUSD remains bearish below 1.0830 but the corrective bounce may recall 1.0650 for a while on the chart.
by MTradingGlobal