NFP NEVER FAILS ME 😍😍😍I was confused at first tbh as to where the Dollar index stood before the news but then the data came out and I just had to use that to determine my technical analysis.
EURUSD.1.MINI trade ideas
Trade Idea: eurusd buy Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 6
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
EURUSD ANALYSISEurusd recent break prev major low in 15 min timeframe and confirmed CHoCH .
Make a IDM
Marked zone are valuable POI ZONE
eurusd buy analysis Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
Theory on Standard DeviationThis is a graphical Description about standard Deviation by DexterLab,
For Manipulation, Price reach 2-2.5 STD of the leg that caused Market stucture shift.
For Expansion , Price reach 2-2.5 STD of the Manipulation leg.
EURUSD LONGWait for bullish price action confirmation on 1hr . then we can plan a long trade at golden zone.
EURUSD 08/30EUR/USD reverses from the weekly top while posting the first daily loss in three around 1.0860. The Euro pair marks the trader’s positioning for the top-tier German and the US data.
EURUSD 15MThe moving average works just as well in lower and higher time frames. As a result, day traders will find benefit in placing 50-bar EMAs on 15 and 60 minute charts because they define natural end points for intraday oscillations
EURUSD recovery remains unconvincing below 1.1040EURUSD extends recovery from the 200-DMA, as well as an upside break of a fortnight-old descending resistance line, as markets await the Eurozone inflation data and the Fed’s favorite inflation gauge, namely the US Core PCE Price Index. That said, the looming bull cross on the MACD and upbeat RSI (14), not overbought, also keep the Euro buyers hopeful. However, a clear run-up beyond the previous support line stretched from October 2022, now resistance around 1.1040, becomes necessary to confirm the bullish trend. Following that, the yearly high of 1.1275, marked earlier in the month, will be in the spotlight.
On the contrary, the two-week-long resistance-turned-support of around 1.0880 restricts the immediate downside of the EURUSD pair ahead of the 200-DMA level of 1.0810. In a case where the Euro pair drops below 1.0810, and also breaks the 1.0800 round figure, sellers can aim for May’s bottom of 1.0635 before targeting the yearly low marked in January surrounding 1.0480. It’s worth noting that the downside moves need strongly disappointing Eurozone HICP and CPI numbers, as well as an extremely positive US Core PCE Price Index, to reverse the latest uptrend.
Overall, EURUSD remains in the recovery mode as the key Eurozone and the US data loom.
eurusd both direction trade probability short trade probable at supply zone grey area and long trade probable at demand green area .
EUR USD BUY OPPORTUNITYAs per SMC 15 min bullish choch we are looking buy with LTF one miniute confirmation
Update on the idea I published for shorts/puts/sells on EURUSDMarket took out liquidity to the upside before dropping on the 1hour chart. Also known as a liquidity grab. leaving behind imbalance/fair value gap and currently creating liquidity inducement. Now we wait for a retracement back to the unmitigated imbalance.
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.
EURUSD Long Wave Analysis:
The EURUSD pair is showing signs of a favorable long opportunity based on wave analysis. An ABC correction pattern appears to be forming, with the market completing the A and B waves. The C wave, which typically follows, presents a potential long setup.
Wave Pattern: A completed A-wave followed by a corrective B-wave suggests an imminent C-wave rally.
RRR: This setup offers an appealing risk-reward ratio, as the C-wave often covers a substantial distance compared to the B-wave.
Support Confluence: The C-wave's projected starting point aligns with key support levels, enhancing the trade's probability.
Fibonacci Retracements: The C-wave's target aligns with common Fibonacci retracement levels, adding to the technical confluence.
Momentum Indicator: Positive divergence on a momentum indicator supports the idea of a potential upward move.
Dollar Weakness: Considering potential dollar weakness, the EURUSD upward movement could be amplified.
News Impact: Upcoming positive economic releases may further support the long thesis.
Time Horizon: The projected C-wave duration aligns with a medium-term trading horizon.
Risk Management: Place stop-loss below the recent B-wave low to mitigate downside risk.
Monitoring: Continuously monitor price action and adapt to any changing market dynamics.
Remember that trading involves risks, and analysis is based on historical patterns. Stay updated with market developments and adjust the trade plan accordingly.
EURUSDLONG 📍 Entry: 🎯 Target: ⛔ Sl(MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.
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Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!.
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EURUSD drops within bearish channel with eyes on Jackson HoleEURUSD prepares for the sixth consecutive weekly fall as ECB and Federal Reserve bosses prepare for the annual showdown at the Jackson Hole Symposium. That said, the Euro pair remains pressured within a one-month-old descending trend channel amid downbeat RSI and MACD conditions, which in turn suggest less downside room and highlights the stated channel’s bottom line of around 1.0785 as the key support. In a case where the sellers dominate past 1.0790, the 78.6% Fibonacci retracement of May-July upside, near 1.0770, will act as the final defense of the buyers, a break of which will direct the prices toward May’s bottom of 1.0635.
On the contrary, a fortnight-long falling resistance line, close to 1.0880 at the latest, guards immediate EURUSD recovery within the bearish channel formation. Following that, the mentioned channel’s top line of near 1.0980 and the 200-SMA surrounding 1.1015-20 could test the Euro buyers before giving them a charge. In that case, the monthly high of 1.1065 and the late July peak of 1.1150 may check the upside moves ahead of directing the quote to the yearly top of 1.1275.
Overall, EURUSD bears appear running out of steam but the buyers need strong reasons to retake control, which in turn highlights the central bankers’ speeches at the key event for the pair traders to watch.
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.
EURUSD → Slips as euro zone PMIs give ECB pauseThe Initial reaction to the data saw EURUSD spike 50 pips lower before hovering around the 1.0820 handle at the time of writing. Key area at present with the 200-day MA resting just below the 1.0800 handle and could cap further losses.
EURUSD did face selling pressure as a stronger US Dollar and rising US yields saw the pair fall to support around the 1.0840 handle and print a fresh 7-week low. There is potential for further downside with a break below the 1.0840 support handle opening up a run toward the 200-day MA resting just a smidge below the 1.0800 handle. For now, though much like the majority of major pairs the range between the 100 and 200-day MAs could continue to hold firm keeping EURUSD confined to the 220 odd pip range.
Key Levels to Keep an Eye On:
Support levels:
1.0840
1.0797 (200-day MA)
1.0747
Resistance levels:
1.0900
1.0930 (100-day MA)
1.1000 (psychological level)
