EURUSD: A QUICK RECAPThe market had been making a lower low and lower high so the bears have been in control and the trend has been bearish So it is always advisable to follow the trend A sweep above the OB had occurred and then the buyers were trapped before a huge fall by VitalismTraders1194
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.Shortby okako_trading68
EURUSD LONGFOREXCOM:EURUSD Hello 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 Smart Money 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... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!Longby PhinicsUpdated 1161
EURUSD: Prediction is still discountedDear traders! The EURUSD pair is currently moving sideways and forming a triple top pattern. The support at 1.067 is holding but could soon be broken due to persistent selling pressure. The RSI is stable and the 34 and 89 EMAs are tilted towards the bears. Trend following strategies are emphasized and I am favoring short EURUSD. Do you agree with this view? Share your thoughts in the comments below!Shortby HamedMarketsUpdated 3321
EURUSD: Continue to discount!EUR/USD hovered at familiar levels on Wednesday, continuing to languish in a prolonged downtrend that has persisted for several weeks as Euro traders await impactful data releases. Momentum is expected to remain subdued as the market anticipates fresh data that could potentially invigorate market dynamics starting Thursday. Therefore, we anticipate the currency pair to trade sideways today.by HamedMarketsUpdated 339
EUR/USD continues its downtrend below 1.0700EURUSD maintained its bearish momentum on Friday and the pair formed a cup-in-hand pattern on the 1-hour chart with consolidation around 1,069. The outlook remains further bearish after the pattern completed and broke the 1,067 support level. Shortby HamedMarketsUpdated 23
EURUSD Impressive internal structureEURUSD has been consistently accumulating in a wide internal structure, these structures are best for scalpers and day traders since they have a definite range with lesser volatility and high predictability. Order blocks are marked as per my analysis. Make sure to do your own analysis as well before creating any positions.by Apex_Trading6913
EURUSDEUR/USD 30-Minute Analysis: Breakout and Bullish Continuation Chart Overview: This EUR/USD 30-minute chart analysis identifies a breakout from a downtrend and highlights a potential bullish continuation setup. The chart includes key support and resistance levels and projects possible price action. Key Points: Trend Analysis: The chart initially shows a downtrend marked by a descending trendline. However, recent price action indicates a breakout above this trendline, suggesting a potential shift to bullish momentum. Support and Resistance Levels: Support: A significant support zone is highlighted around the 1.06950 level, shown with a grey shaded box. This area previously acted as resistance and is expected to provide support after the breakout. Resistance: The resistance level to watch is around 1.07450, as indicated by the projected price path. Bullish Breakout Signal: The price has broken above the descending trendline, which suggests that the bearish pressure is easing and a bullish trend may be emerging. The recent consolidation around the support zone further strengthens the case for a bullish continuation. Potential Price Path: The analysis suggests a pullback towards the support zone around 1.06950, followed by a bullish continuation towards the resistance level around 1.07450. The projected price path is indicated by the upward arrow, showing the expected move after the pullback. Market Sentiment: The sentiment is bullish given the breakout above the descending trendline and the support holding. Traders should watch for confirmation of the bullish continuation with higher lows (HL) and higher highs (HH). Trading Plan: Look for buying opportunities on pullbacks towards the support zone around 1.06950. Consider placing stop-losses just below the support level to manage risk. Target the resistance level around 1.07450 for potential take-profits. This analysis suggests a potential bullish continuation for EUR/USD, with a buying opportunity on pullbacks towards the support zone. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price movement. Longby harshkjogadia6
EURUSD: Sellers are still profitableEUR/USD took a familiar dip this Thursday, retreating to the 1.0700 mark as a lack of economic data from the US supported the Greenback. As we head into Friday, markets are set for a data-heavy series, including Purchasing Managers' Index (PMI) figures for both the EU and US The outlook remains bearish with the model The price wedge remains intact and the downtrend remains active, supported by the 34 and 89 EMA.Shortby HamedMarketsUpdated 4412
EURUSD: In French, Merci!All that Glitters is not Gold. DXY is the one to watch as it approaches 106.00 One more failure of it? may be. What if it breaks and moves past 106.00 The cue and clue is Euro. A potential H n S, shake it to believe it? If that neck- is offered as the line of break. We can take solace in French by Merci, thank you. Welcome to the world of Par (1.0000) Not the probable, but not out of the canvass. 1.0670 supports short term while 1.0720 offers. Only a close below 1.0760 above offers hope, bring me some who sees that as a possibility by sreebhashyam1
EURUSD fades bounce off key support line as full markets returnEURUSD lacks clear directions early Thursday after rising in the last three consecutive days. In doing so, the Euro pair fades Friday’s rebound from an upward-sloping support line stretched from October as sentiment dwindles amid the return of full markets after the previous day’s Juneteenth holiday in the US. Apart from the struggle to defend the recovery, bearish MACD signals and a downbeat RSI line also challenge the buyers. Apart from that, a fortnight-old descending resistance line surrounding 1.0765 and a convergence of the 100-day and 200-day Exponential Moving Average (EMA), near the 1.0800 threshold, stand tall to restrict the quote’s upside moves. In a case where the major currency pair remains firmer past 1.0800, the odds of witnessing a quick run-up toward the monthly high of 1.0916 can’t be ruled out. Alternatively, EURUSD sellers aim for the 61.8% Fibonacci retracement of the October-December 2023 run-up, close to 1.0710, as an immediate target ahead of revisiting the aforementioned multi-month-old support trend line surrounding 1.0670. It’s worth noting that the monthly low of around 1.0665 acts as an additional downside filter for the Euro before directing it to the yearly low of 1.0600 marked in April. Additionally, the 78.6% Fibonacci ratio of 1.0595 acts as the final defense of the buyers ahead of allowing the bears to challenge the late 2023 bottom of near 1.0450. Overall, EURUSD remains on the bear’s radar unless crossing 1.0800. However, downside room for the pair appears limited.by MTradingGlobal1
EURUSD in correction phase,poised for sell opportunityYesterday market react in 50% Fib ,we can look for sell in FVG zone.Shortby Karnatrader2
EUR/USD LONG TRADEHi, there is an long setup in EUR/USD pair on 1 Hr timrframe *Reasons for trade 1) rsi is oversold 2) pair is on support 3) it has made v recovery pattern with great buying volume #set stoploss as per your wish #one can also find entry on 15min earlier on there risk/analiys # *DISCLAMIER* " Don't trust this idea blindy make your own analiys to make your trade to profittable " *BEST OF LUCK* Longby buildingmyself4
bullish in 1 hour time frame if support level of1.07410 retainedbullish in 1 hour time frame if support level of1.07410 retained for 1 hour or howawer it can break this level to gain liquidity. what do you think...?Longby bhavychothani111221
EURUSD: Prospects still decreaseToday, EURUSD remains confined within a descending wedge pattern. Key technical indicators, including the trendline and EMA, continue to favor a bearish outlook for investors. As long as the upper boundary of the wedge holds, the selling trend strategy remains the preferred approach with high expectations. Shortby HamedMarketsUpdated 22
EURUSD strategy: Should Buy or Sell !On Wednesday, EUR/USD experienced an uptick as the U.S. markets took a mid-week holiday break. As we move into the second half of the trading week, investors are looking ahead to the Friday PMI data for meaningful insights that could steer market sentiment. Despite the recent recovery, uncertainty lingers. The pair is still facing significant resistance and a downward trendline. Keep an eye on these levels – if EUR/USD breaks through the resistance, a buying opportunity could emerge. Conversely, if the resistance holds, selling might be the better strategy. Stay tuned and watch those key levels closely! by HamedMarketsUpdated 26
EURUSD: Still discounted!Hello traders! 👋 As we approach the end of the trading week, EURUSD remains in the red on this Friday, currently hovering around the 1.071 mark. The outlook remains bearish as the pair continues to trade within a tightening wedge pattern, and both the EMA 34 and EMA 89 are favoring the sellers. Key Observations: Current Level: EURUSD is trading near 1.071, struggling to find upward momentum. Bearish Wedge Pattern: The pair is confined within a narrowing wedge, indicating potential for further downward movement. EMA Indicators: Both the 34-day EMA and 89-day EMA are aligning with the bearish trend, providing additional resistance to any bullish attempts. Trading Outlook: With the prevailing bearish sentiment and technical indicators supporting the sellers, the focus remains on short positions. Stay vigilant and consider these factors in your trading strategy. Happy tradiby HamedMarketsUpdated 1113
EURUSD Short Selling strategy?Hello everyone! What is your opinion? In today's analysis, I will focus on the bearish price movement of this currency pair. Currently, EURUSD is trading around 1.073, continuing the downward correction wave, with support From a technical standpoint, factors such as trend lines, support and resistance levels, and EMAs 34 and 89 all favor sellers. This fits well with the Elliott Wave structure. It looks like EURUSD is ending Wave 1 and I predict that the next waves will play out as analyzed, potentially breaking below the 1.061 support level. What do you think about EURUSD? Please leave a comment below so we can discuss! Good luck with your trading!Shortby HamedMarketsUpdated 23
EURUSD Long. Will the trend continue to move up?The NFP data has forced EURUSD to correct from higher levels. The higher time frames are intact so we are expecting the trend to continue to the upsideLongby VishalSubandhUpdated 7
EURUSD: Still playing flute near the fire!Dxy hits 105.80 and retraces, EURO cross still weak against AUD, CHF GBP. if the labelling is correct we are in abc corrective moves. The high of 1.0760 candle high ideally ended and we are in for wave B, held by the 1.0720-1.0760 range, hourly close either one gives some room to move either side. Huge supply around the 1.0780 makes entry above 1.0760 for longs less risk and reward. 1.0680-1.0780 to rule int he mean time.by sreebhashyam3
EURUSD: A RISKY SHORT1. in the 1 hour time frame the market had been making lower lows and lower highs with heavy imbalances indicating the presence of large institutions, banks and smart money 2. The 15 min time frame has also shown a change of character near the 1 hour order block, thus the short entry 3. But it is risky because there is more FVGs above the orderblock where we have entered so the market might go up to fill them and then go down from an extreme OB Knowledge is Wealth! Here We provide value in the form of education and knowledge! Shortby VitalismTraders3
EURUSD long Trade#Eurusd long ⬆️side trade. only a candel close above this line wait for candel close. MUST USE SL FOR SMALL LOSS & TRADE IN FUTURE Longby ArmanSahaUpdated 6
EURUSD: Sellers are in profit!EUR/USD remains in a daily range above 1.0700 during the European session on Tuesday after closing in positive territory on Monday. Mixed ZEW sentiment data from Germany and the Eurozone makes it difficult for the Euro to find demand as the focus shifts to US data. Looking from the technical picture, the downward momentum is kept intact with the trend still favoring sellers and the EMA 34, 89 remaining stable. Wishing you happy trading!Shortby HamedMarketsUpdated 3