EURUSD trade ideas
EURUSD Short idea-The price inside the channel is not improving, and again, retrace the downside.
- The price was rejected from the same supply zone and is now headed to the downside. The next demand zone is 1.06200-1.05900
-Every bounce is a selling opportunity.
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 continues downward Recent price action has been printing LH and LL and also about forming a head shoulder pattern in the 15M TF showing a short at the opening of the market... Price might reverse at the 62% fib. level in the 15M but not untill it breaks above 50% / 38% fib. level aggressively then we look for a long to the previous HH.
EURUSD weekend, long -term analysisHello everyone!
EUR/USD is facing downward pressure and has dropped below 1.0700 during Thursday's trading session in the US. The currency pair remained relatively quiet at the start of Friday, while technical prospects indicate a slight downward trend.
From the 4-hour chart, we can observe that EUR/USD has extended its upward trend, but a completed 5-wave Elliott pattern suggests a potential price decline followed by an expected price rebound.
EURUSD: Is there still motivation to increase prices?The EUR/USD pair is extending its sideways consolidation trend in Tuesday's trading session and is trading below the 1.070 level. However, the price is still attempting to hold above the 1.0700 level and is dependent on the price dynamics of the US Dollar (USD).
The US Dollar Index (DXY), which tracks the greenback against a basket of currencies, has rebounded from nearly an 8-week low overnight and turned out to be a key resistance factor for the EUR/USD pair. Officials from the Federal Reserve have provided mixed signals about the future interest rate hike path, leading to an increase in US Treasury bond yields on Monday and prompting some short-term positioning in USD.
On the 4-hour chart analysis: EUR/USD has just surpassed the resistance at 1.068 and, according to price action principles, is currently in the process of retesting the previous breakout zone and testing the EMA line. If favorable, EUR/USD may continue to find support at this level and further develop. On the other hand, breaking below the current support level could push EUR/USD back to a lower figure estimated at 1.060.
Eur-Usd buying levelscurrently price is not in good place to make long trades
we have one medium time frame resistance and two bearish order block coming in way
let the price pullback to the level of 1.0575 & 1.05180 for long initating and
can have the target of 1.07800
with good risk to rewards
EURUSD edges higher within bear flag, central bankers eyedEURUSD consolidates the previous losses within a six-week-old rising channel, forming part of a multi-day-long bearish flag chart formation, currently between 1.0760 and 1.0590. It’s worth noting that the firmer RSI (14) line, not overbought, joins the bullish MACD signals to favor the Euro pair’s further recovery towards the 1.0760. However, a convergence of the 100-SMA and the 200-SMA, around 1.0800, appears a tough nut to crack for the bulls afterward. In a case where the quote remains firmer past 1.0800, the bearish bets will be off the table and will enable the buyers to challenge the late August swing high of around 1.0950.
Meanwhile, the 50-SMA level of around 1.0620 acts as an immediate downside support to watch during the EURUSD pair’s fresh downside. Following that, the stated bearish flag’s bottom line of near 1.0590 will be crucial as a break of which will theoretically confirm the pair’s gradual fall toward the sub-1.000 region. However, the yearly low marked in October around 1.0445 and the August 2022 peak of around 1.0380 could test the Euro bears on their way.
Overall, the EURUSD is likely to remain in the recovery mode but the upside room appears limited. That said, today’s speech from the European Central Bank (ECB) President Christine Lagarde and Fed Chair Jerome Powell will be crucial to watch for clear directions.
EURUSD Prediction Analysis 8 Novas per the previous analysis EURUSD took support from the 1-D TF but right now it's trading on 200 EMA Resistance level.
EURUSD moving in the Rising Wedge unless it breaks to upside it is supposed to move inside the rising wedge.
Reason :
200 EMA Resistance upside.
RSI is 40-60 Range Seems Sideways.
4H TF downside seems to provide a good support zone.
Price > EMA(13,50,200) 4H-TH
Moving in Rising Wedge
Verdict :
Partially Bullish in Rising Wedge
Plan of Action :
Buy when it takes support to downside.
EURUSD Longwe can plan a long trade as eurusd is at 1 hr golden zone and it is forming a double bottom on 15mins at golden zone. long after the break of neckline.
EURUSD returned to a strong price increase?Hello everyone, EURUSD has experienced a significant increase in the previous week, with a price surge surpassing the 1.070 level. It is currently trading at a new high of 1.072, the strongest increase since mid-June.
Regarding the influencing factors:
The daily market drivers for this currency pair include the general weakness of the USD due to the Federal Reserve (Fed) changing its stance towards a more accommodative approach, hinting that they may end the tightening cycle on Wednesday. As a reaction, US Treasury bond yields dropped to their lowest level since September, with 2.5 and 10-year bond yields decreasing to 4.84, 4.50, and 4.57%. This has added selling pressure on the Greenback and provided a significant advantage for the EURUSD pair, aiding its recovery.
Regarding the new prospects for EURUSD:
On the 1D chart, EURUSD is currently receiving strong support at the 1.05 level. Breaking below this level would lead to a considerable price decrease, while maintaining this level would result in a price increase. Upon careful observation, it can be seen that the currency pair has surpassed the resistance level at 1.07. Both short-term and medium-term prospects indicate a strengthening upward trend. Personally, I believe that EUR will continue to experience a strong upward movement.
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.
A rally and then a final fallI couldn't have given u a better example of a series of 1's and 2's and then the devastation. Currently the rally in EUR should continue ..am looking at 1.19839 for the (4)th wave to end . Same series of 1's and 2's are there on many stocks and Indices so use these rallies to reduce ur positions coz the devastating 3rd leg has not even started.
eru/usd nxt posible plan EURUSD hevy supply demand . and multitime candlstick rejection .
retesteing complete 200ema rejection many . confirmation for bearish eru/usd
sell eur/usdrecent history suggest whenever it gives sharp fall it gives big momentum towards down side
so here is the plan as per shown in chart
Eurusd has difficulty increasingHello everyone!
The EUR/USD pair has risen by more than 10580 during the early Asian trading session on Thursday. The US dollar (USD) weakened after the Federal Open Market Committee (FOMC) policy meeting, providing some support for the major currency pair. Currently, EUR/USD is trading around 10597, up 0.26% for the day.
My perspective is that after reaching the resistance level of 1.066, a retracement will occur here with an expected decline to 1.052. Do you share the same viewpoint as me?
EURUSD decreases when USD increasesDear readers, the EUR USD trading has been unstable and uncertain in the past few days, currently hovering around 1.062 with a slight increase today. However, the recovery of the USD is putting pressure on this currency pair. The Euro is facing a suitable resistance zone around 1.063. What do you think about the potential decline reaching the limit of the price channel?
EURUSD BearishFOREXCOM: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!!!!
EURUSD Expecting strong down moveLot of liquidity of buyer as been holding failed form higher higher , Lets hope for shot side and GBPUSD gave strong breakdown in base. Look for opportunity for sell.
EURUSD Short Stack [Daily Swing]Idea to stack on a position to the previous EURUSD position I pointed out. Wait for a retest below the next AOI and repeat the same confluences to enter the trade.
seems EURUSD buysince it is taking a support in previous support area and expecting a rally from currect market price
