EURUSD may began Short move EURUSD may began Short move
EURUSD on 4H Order Block
on good bearish spike possible
EURUSD.1 trade ideas
EURUSD: Stable parallel price channelHi everybody,
Today, during Wednesday's Asian trading session, EUR/USD remained firmly above the key psychological mark of 1.0700. The US dollar weakened on weaker-than-expected April PMI data, which provided support for the pair.
According to technical analysis from the chart:
After bouncing from the lower boundary of the parallel price channel, the price is expected to resume the uptrend to test the resistance at 1,086, which is also the upper limit of the current price channel.
Eurusd Bearish below 1.0715 if break then bullish.Eurusd is moving in thin area and doing consolidation if break 1.0715 area we can see more up with the targets of 1.0730 & 1.0745.
If again decline from 1.0715 area we can see 1.0680 & 1.0665 as targets,
Plan Accordingly, Happy Trading 😊😊
EURUSD SHORT EURUSD SHORT
Wait for retest .. EURUSD ready for short ... mark these zones and go zone to zone only
EURUSD: Trend is unclear!Hi everybody,
EUR/USD is approaching a key zone near 1.0650, after a fairly quiet Tuesday when the pair remained largely unchanged, awaiting a series of upcoming economic data. Both the US and the Eurozone are preparing for the release of Purchasing Managers' Index (PMI) figures next Tuesday, while key US figures will be released later. week, amid speculation about the possibility that the US Federal Reserve (Fed) will cut interest rates.
In the current context, a triangle pattern may appear on the chart, and the possibility of a breakdown of this pattern is very high, leading to a clear change in either direction. While the 34 and 89 EMA lines are still not showing clear signals because they are located right in the current operating zone of EUR/USD, closely monitoring new information will be the key to determining the next trend. according to this currency pair.
I am hoping for a positive development. How about you?
EURUSD Short [Daily Swing]EURUSD short from a daily demand zone after a break and retest. Weekly and Daily bearish price action, entry refined on the 4H and 30M. First target is the Major Swing Low on the 4H, second target is the next daily weekly liquidity.
EURUSD seesaws within bear flag ahead of EU/US PMI for AprilEURUSD struggles to defend the previous week’s rebound from a yearly low as traders await preliminary readings of the Eurozone and the US PMI data for April. Apart from the pre-data anxiety, sluggish prints of the RSI (14) and the MACD signals also suggest a lack of momentum. Even so, the sellers appear hopeful as the major currency pair stays within a fortnight-old bear flag chart formation. Additionally favoring the Euro bears is the quote’s sustained trading beneath the 10-week-old horizontal region, previous support surrounding 1.0700-690, as well as a downward-sloping support-turned-resistance line stretched from late February, close to 1.0680 at the latest. Even if the major currency pair manages to defy the bearish chart formation by crossing the 1.0705 upside hurdle, the 200-SMA level of 1.0810 and a falling resistance line from early March, near 1.0840 as we write, will act as the final defense of the bears before giving control to the bulls.
Alternatively, EURUSD sellers should wait for a clear downside break of the 1.0620 for fresh entry as it will confirm the bear flag chart formation. Following that, the monthly low of 1.0600 and the previous yearly low surrounding 1.0445 will act as buffers during the quote’s theoretical south-run suggesting 1.0315 as a target. It’s worth noting that early 2023 swing lows near 1.0515 and 1.0480 become extra downside filters for the bears to watch during the Euro’s theoretical fall between 1.0620 and 1.0315.
Overall, EURUSD is likely to remain bearish unless crossing 1.0705. However, the sellers need strong US PMI, as well as too weak activity data from the bloc, to confirm the bear flag formation suggesting a major decline in prices.
EURUSD SHORT FOR MONDAY❗❗❗❗For me last Friday eurusd have to touch 1.0600 level
But it didn't reach and ended up like a 4h retracement
So I think today it will reach 1.0600 likely but not sure
Learn to analyse by yourself......peace.
EUR/USD turns south to 1.0650Hello everyone, it's RKarina again!
EUR/USD has turned lower after rising in previous trading sessions, currently stabilizing around 1.0650 during the European session on Monday. The current trend of the pair is bearish, recorded at 1.064, because of increased demand for the US Dollar as a safe haven due to the decline in risk appetite. The market is currently very cautious due to the lack of important economic data from the EU and US. Lagarde's upcoming speech is highly anticipated.
From a technical analysis standpoint, current signals favor a selling strategy, after the price has approached and failed to break through support, along with the formation of a double top. In the short term, it is expected that the 1,062 level will be retested after the current support level is broken by investors selling off.
EUR5USD 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: Maintaining short-term price upward channelHello dear traders!
EUR/USD has recovered momentum and now sees positive growth, surpassing 1.0650 today. This upturn was a result of the earlier reduction in flight to safety, pressuring the US dollar as the week ended, thereby boosting the pair.
However, EUR/USD's upward momentum may only last in the short term because it has not yet surpassed the two EMA lines and the resistance level at 1.073. As long as trading remains below this level, EUR/USD will still face significant challenges ahead.
EURUSD: Continues to grow downwardHello everyone, in today's trading session, EURUSD continued to decline following the trend observed in recent days, with the price fluctuating around 1.062 and has decreased by 0.15% so far.
EURUSD's decline continues, in large part due to hawkish comments from US Federal Reserve officials, which has strengthened the Dollar and become a key barrier for with any EURUSD recovery. According to careful analysis, the support level at 1,060 may soon be penetrated due to strong selling pressure. With price currently moving below both the 34 and 89 EMAs, this is a favorable time for sellers.
EURUSD stays pressured toward 1.0600 amid risk-aversionEURUSD extends the previous day’s pullback from a four-month-old support-turned-resistance as sour sentiment underpins the US Dollar demand early Friday. In doing so, the Euro pair takes clues from the bearish MACD signals while paying little attention to the RSI (14) line suggesting a weak support for the current momentum. With this, the quote appears well set to revisit the latest trough surrounding the 1.0600. However, the 78.6% Fibonacci retracement of the pair’s October-December upside, near 1.0595, will join the downbeat RSI conditions to challenge the bears afterward. Should the sellers keep the reins past 1.0595, 1.0520 and 1.0495 may act as intermediate halts before directing the prices toward the previous yearly bottom surrounding 1.0450.
Meanwhile, the aforementioned previous support line from December 2023, close to 1.0675, guards the immediate recovery of the EURUSD pair ahead of the 10-day Exponential Moving Average (EMA) level near 1.0690. In a case where the Euro pair rises past 1.0690, and also crosses the 1.0700 threshold, the early-month bottom around 1.0725 and 50% Fibonacci retracement level near 1.0800 will challenge the upside moves. Above all, the bull’s dominance needs validation from a convergence of the four-month-old resistance line and 38.2% Fibonacci retracement level, around 1.0880.
To sum up, the EURUSD pair is likely to remain weak but the room toward the south appears limited.
EURUSD: Should I buy or sell?As predicted, EUR/USD began to correct yesterday, confirming a new bottom and climbing to 1.0678 in early Thursday trading.
The EUR/USD pair's recovery was supported by renewed selling on the US Dollar and a risk-friendly market atmosphere. Currently, the main emphasis is on aiming for the Fibonacci retracement area from 0.5 to 0.618, which is set as the next priority target.
EURUSD Next Move 19/04/2024if market sustain above 1.06385 then you can take long side trade, cause here you can see 1h order block and also 4h OB overlap here.
EURUSDDear Friends See the EURUSD Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel to get the Instant Notification of Every New Analysis.
EURUSD IDEASEURUSD has been on a downtrend creating HL and LL i was anticipating price to fill the demand below to get a buy entry to push price above to the supply above which we can look to continue the short back again....lets see how its plays out
pls follow and like for more update on this
The Bull side is stronger?Hello everyone, are you curious about the current trend of EURUSD?
Today, EUR/USD has risen to nearly 1.0650, recovering from its five-month low of 1.0622 reached last Friday. The US dollar has strengthened due to increased buying pressure in the midst of political instability, which has put downward pressure on this currency pair.
The support level of 1.070 has been breached and no longer holds for this currency pair. The downtrend seems favorable as the price continues to move within a downward channel with no signs threatening this trend.
After a short period of adjustment, EURUSD is expected to retest a lower level around 1.053, following the current trend.
What do you think? Will EURUSD continue to decline?
EUR/USD extends decline below 1.0630EUR/USD continues to decline, nearing the 1.0620 level and moving away from the year's low of 1.0600 recorded at the beginning of Wednesday's Asian trading session. However, hawkish comments from Federal Reserve officials and the flow towards safe-haven assets could strengthen the US dollar and limit any short-term benefits for this currency pair. Nevertheless, attention should still be paid to the Fibonacci retracement levels of 0.5 - 0.618, as EUR/USD may correct towards this zone after the recent sharp decline and show signs of price consolidation.
A Indication of Reversal FormingWaiting for Sell area with SL for Tgt on Sell Side lets expect as last analysis do well for all lets See this
EURUSD: Bearishness continues to prevail!EUR/USD has been falling for the past six sessions, trading around 1.0600 during the Asian session on Tuesday. The US dollar, supported by rising US Treasury yields, is asserting its strength, putting pressure on the pair.
When looking at the current situation, unstable economic factors in the euro area, along with the potential recovery of the US economy, are raising expectations for a strengthening of the dollar in the near future. next. This becomes even clearer when it is predicted that the European Central Bank (ECB) may reduce interest rates before the US Federal Reserve (Fed) takes similar measures. In this context, the forecast shows that EUR/USD will likely continue to decline further in both the short and medium term.
EUR USDThe EUR/USD is expected to rise, at least reaching the 15-minute high marked on the chart. Although the overall trend is downward, the predicted area might experience an uptrend. Let's see.
EURUSD: Continuous discountHey everyone, buckle up because yesterday was one challenging ride! Shortly after the CPI news was broadcasted, the EUR/USD pair took a nosedive straight into the red zone. Surprisingly, surprisingly - the US inflation data for March threw us a curveball, pushing the US dollar to its highest level in a year. This move put pressure on major currency pairs, causing EUR/USD to plummet dramatically!
