EURUSD trade ideas
EUR/USD Amid Technical and ECB UncertaintiesThe EUR/USD pair struggled in the early week's trading session, remaining stable below 1,0900 due to technical factors like EMA and resistance. Investors' hesitation reflects uncertainties surrounding the ECB. If it drops past the year's low of 1,0844, EUR/USD may continue to descend to 1,078, following its current downtrend. What about you? What are your goals with EUR/USD?
EURUSD: stuck in a downtrendHello dear friends, let's discuss the previous week's performance of EURUSD with RKarina and talk about strategies for the upcoming week!
Last week, EURUSD was trapped in a downward trend, closing below the support level of 1.090 and currently trading around 1.089.
As a result, there was a slight price recovery during the correction, but it is expected to encounter resistance at the Fibonacci retracement levels of 0.5 - 0.618.
The possibility of further price decline for this currency pair remains high as it is still in a long-term downtrend, with a short-term target of 1.078.
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: buy or sell?Hello dear friends, are you curious about the trend of EURUSD?
Today, EURUSD continues to fluctuate below the resistance level of 1.0900 and still maintains its short-term upward momentum on the 1H chart. However, when looking at the overall trend, this currency pair is still moving sideways within the price range below the resistance level of 1.090 and the support level of 1.084.
The USD index (DXY) is still maintaining its upward trend and is further supported by comments from R. Bostic (Atlanta), which continue to put pressure on the EURUSD pair. Another evidence for this downward price movement is that it continues to trade below the exponential moving averages (EMA) 34 and 89.
Karina still highly regards the Sell strategy today with the idea of trading the double top pattern displayed on the analysis chart.
EURUSD BUYThe Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Eurusd bullish ...LonG1:6 risk reward
It's Friday so Weekly retracement on weekly candle phase
Liq on buy side
EURUSD: Price increasing but ambiguousIt's great to see you again and talk about the EURUSD price today!
Yesterday, the EURUSD received some upward momentum. However, this price increase is considered only as a correction within the downtrend wave of DOW, as this pair has been experiencing weakness since the beginning of the new week.
Accordingly, the hawkish stance of the ECB has pushed back expectations of an early interest rate cut, providing additional support for the currency pair. However, the 4-hour chart is currently showing a further downward trend in the very near future as the EURUSD approaches the Fibonacci retracement levels of 0.618 - 0.5. Breaking below the level of 1.0844 will not receive significant support until reaching the level of 1.0773.
EURUSD Daily timeframe This might be my next bais for EU. At the same time DXY is bullish for awhile so EU might not push up straight from here. Either it moves slow or starts consolidating creating liquidity for upside so it can push quicker coming days.
EU bullish for short term1:4 risk to reward
Can Risk 1 % or 2 % of your capital
fvg htf 50% has filled and it shows break of structure
Wyckoff accumulation seen stf
If the price reached the target point before returning to entry point , it will be invalid
EURUSD rebound needs validation from 1.0940 to convince bullsEURUSD extends recovery from a five-week low while defending the previous day’s bounce off a one-month-old falling wedge’s bottom line. The Euro pair’s recovery also traces the RSI (14) line, as well as justifies the impending bull cross on the MACD indicator, which in turn suggests further advances of the major currency pair. However, the 200-SMA hurdle surrounding 1.0920 guards the immediate upside of the quote. Following that, an ascending resistance line stretched from early November, previous support near 1.0940, will join the top line of an aforementioned bullish chart pattern, namely the falling wedge, to challenge the buyers. In a case where the pair remains firmer past 1.0940, the 1.1010-15 region and the previous monthly high of near 1.1140 could act as intermediate halts during the run-up towards the theoretical target of the falling wedge, close to 1.1240
On the flip side, EURUSD sellers remain off the table unless they witness a clear rejection of the falling wedge chart pattern, via a downside break of the stated formation’s bottom line surrounding 1.0840. In that case, the early November swing high and the previous monthly low, respectively near 1.0755 and 1.0720, will lure the Euro bears. It should be noted that the quote’ sustained weakness past 1.0720 will make it vulnerable to slump toward October 2023 bottom near 1.0450.
To sum up, EURUSD pares recent losses but the bulls are far from taking control.
EURUSD: buy or sellWhat are your thoughts on EURUSD as the market experiences a significant week with many enticing fluctuations?
Today, we witnessed EURUSD succumbing to the downward trend, aligning with our prediction from yesterday.
This currency pair is under pressure as the USD begins to regain strength, heavily impacting these major currencies. On the analysis chart, EURUSD has surpassed the Trend Line and dropped below the psychological support level of 1.090. The 4-hour chart indicates that this downward trend may continue soon. By violating the level of 1.0861, we may not encounter any significant support until reaching 1.078
EURUSD: Buy or sell?Hello everyone, what are your thoughts on EURUSD today?
Currently, EURUSD is still in a downtrend after forming a double top pattern and starting to decline further with a reversal signal from the EMA 34.
Market risk concerns have pulled down risk assets like the Euro in the context of escalating tensions in the Red Sea. Our priority target is to SELL because the main trend is still bearish and trading with the trend is always an effective and safe trading approach
First Bullish then Bearish ScenerioInitial expected Correction bullish for the Major Correction Bearish Movement Expected
EURUSD: Continues steady price increaseDear reader, at the beginning of the new week, the EURUSD currency pair continues to show a slight recovery at the level of 1.096 and has increased by 0.15% during the day. The price is mainly moving around two EMA lines, and there is not much change in the trend.
RKarina expects that this pair will break out of the price range and reach higher levels. What are your thoughts on this?
EUR/USD Swing Trade Setup - Eur/USD is currently trading in a consolidation phase
- I think it's currently in a no-trade zone
- We can see a Liquidity grab anywhere either from the supply or the demand zone
- IMO I think the price action looks more bearish
EURUSD SETUPEURUSD is forming a bearish flag and we can plan a short trade after the break of support level. targeting the next support
EURUSD: steady recovery instead of further decline?Nice to see you all again. Currently, EURUSD continues to operate with little price volatility, mainly moving sideways and trading around the EMA 34 and 89 lines.
The 4-hour chart continues to show short-term consolidation. The breakout of this pattern indicates that the area of recent highs is at 1.0998. The fact that this level was surpassed suggests that 1.1085 is likely to be visited.
A Smaller Indication of Weak Bullish Lets See will take upto Sell Area of 4H Frame lets See what News expect us on NewYark Opens
EURUSD bulls remain unconvinced despite recent reboundEURUSD remains mildly bid within a 10-week-old bullish channel as market players seek more clues to justify the previous day’s strong US inflation report, as well as comforting comments from ECB President Christine Lagarde. That said, the 21-SMA and Thursday’s Doji prods the Euro bulls amid bearish MACD signals. Even if the pair buyers manage to cross the 1.0985 immediate SMA hurdle, November’s peak of around 1.1020 and the previous monthly high surrounding 1.1140 will test the upside momentum. Following that, the aforementioned channel’s top line, close to 1.1220 at the latest, will act as a tough nut to crack for the buyers.
Alternatively, the EURUSD pullback needs to defy the bullish channel formation by slipping beneath the 1.0910 support to convince sellers. Even so, the 200-SMA support of 1.0845 can challenge the Euro bears before giving them control. In that case, December’s bottom of 1.0723 and October’s peak of near 1.0700 will be the final defenses of the buyers ahead of directing prices toward the yearly low marked in October around 1.0450.
Overall, EURUSD manages to consolidate the previous weekly loss and defends the bullish chart formation but the recovery appears fishy and hence needs confirmation from 21-SMA.
EURUSD BIASWe look at the overall trend off the pair judging by the previous year's movements
My Bias is swing BUYS for EURUSD
Still on Bullish Side OnlyThis has Still plenty to Rise lets see What Happens Still on Buy on Dips till 1.12000 as My Target
