Eurusd after sell side liquidity PurgeEurusd after sell side liquidity purge and Market structure shift on a 5minTF
EURUSDTDTM trade ideas
EUR/USD continues follow sell Big trend shortThe fact that the USD continues to be strong creates significant pressure for currency pairs that go with the USD. With a long-term downtrend, the recovery of xxx.usd is just a stepping stone for the next sharp decline. I continue to follow the downtrend of EUR/USD
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD
As of January 31, 2025, the EUR/USD pair is exhibiting signs of a potential bullish movement.
**Market Pulse**
The EUR/USD is currently trading within an ascending channel, indicating a short-term bullish trend. The pair is testing the support area near 1.0395, suggesting a possible rebound and continuation of the upward movement
**Key Technical Levels**
- **Resistance:** 1.0485
- **Support:** 1.0395
**Technical Indicators**
- **Trend:** The pair is moving within an ascending channel, indicating a short-term bullish trend.
- **RSI:** A rebound from the support line on the RSI indicator suggests a potential upward movement.
**Trade Recommendation**
Considering the technical indicators and the prevailing bullish trend, initiating a **buy** position is advisable.
- **Entry Point:** Buy at 1.0400
- **Take Profit (TP):** 1.0635
- **Stop Loss (SL):** 1.0325
**Risk Management**
This trade setup offers a favorable reward-to-risk ratio. Ensure that your position size aligns with your risk tolerance and overall trading strategy.
**Conclusion**
The EUR/USD pair is showing signs of a potential bullish movement, supported by technical indicators. Traders should monitor key levels and manage risk appropriately.
*Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.*
EURUSD Daily BiasDescription: EURUSD is exhibiting a bearish structure on the daily timeframe, indicating a move from internal liquidity (IRL) to sell side external liquidity (ERL/SSL).
Analysis:
Market Structure: Price is respecting a bearish trend, with lower highs and lower lows forming. A recent liquidity grab from internal liquidity suggests further downside movement.
Liquidity Considerations: Internal liquidity (IRL) has been taken, with sell-side liquidity building below key lows. External liquidity (ERL) at lower levels may act as the next target.
Key Levels: Monitor previous support zones, imbalance areas, and liquidity pools for potential reaction points.
Trade Confirmation: Look for bearish rejections, supply zone retests, or institutional candle confirmations before entering a short position.
Trading Plan:
Entry: On a retracement to a premium level or a key resistance zone.
Stop Loss: Above recent swing highs or supply zones.
Take Profit: Target external liquidity levels below, aligning with market structure.
Risk Management: Always use proper risk management, adjusting position sizes accordingly to mitigate potential losses. Stay updated with macroeconomic factors that may impact EURUSD volatility.
EURUSD Downtrend On the four-hour time frame, the dynamic support line has been broken and the downtrend will continue with a pullback to this line
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD
As of January 30, 2025, the EUR/USD pair is exhibiting signs of a potential bullish movement.
**Market Pulse**
The EUR/USD is currently trading within an ascending channel, indicating a short-term bullish trend. The pair is testing the support area near 1.0395, suggesting a possible rebound and continuation of the upward movement.
**Key Technical Levels**
- **Resistance:** 1.0485
- **Support:** 1.0395
**Technical Indicators**
- **Trend:** The pair is moving within an ascending channel, indicating a short-term bullish trend.
- **RSI:** A rebound from the support line on the RSI indicator suggests a potential upward movement.
**Trade Recommendation**
Considering the technical indicators and the prevailing bullish trend, initiating a **buy** position is advisable.
- **Entry Point:** Buy at 1.0400
- **Take Profit (TP):** 1.0635
- **Stop Loss (SL):** 1.0325
**Risk Management**
This trade setup offers a favorable reward-to-risk ratio. Ensure that your position size aligns with your risk tolerance and overall trading strategy.
**Conclusion**
The EUR/USD pair is showing signs of a potential bullish movement, supported by technical indicators. Traders should monitor key levels and manage risk appropriately.
*Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.*
Part 1: How to Analyze Events in the Forex Market?
The forex market is one of the most dynamic and volatile financial markets in the world. It is deeply influenced by global events, economic data, and geopolitical developments. Traders who understand how to analyze these events can make informed decisions and capitalize on market movements.
Influence Of the Global Events:
The forex market is directly linked to global economic health. Since currencies represent the economies of their respective countries, any significant event like an interest rate decision, inflation data, or geopolitical conflict. It can cause major fluctuations in currency prices. Here’s global events play important role:
- Central Bank Policies: When the Federal Reserve (Fed) or European Central Bank (ECB) changes interest rates, it impacts global liquidity and investment flows.
- Economic Data Releases: GDP growth, inflation, and employment reports provide insights into economic stability, affecting investor confidence.
- Geopolitical Events: Wars, elections, trade agreements, and diplomatic conflicts impact currency demand and risk sentiment.
What Happens When News Is Published?
When a major economic event or news release occurs, the forex market reacts instantly. Here’s the typical stages of events:
Stage 1: Market Expectations: Before the news release, traders anticipate the outcome based on forecasts. The market often prices in expectations.
Stage 2: Immediate Volatility: If the actual data differs from the forecast, there’s a sharp price movement in the affected currency pairs.
Stage 3: Liquidity Fluctuations: Spreads widen, and liquidity dries up momentarily as traders rush to execute orders.
Stage 4: Short-Term Correction: After the initial reaction, the market stabilizes, and price action follows the broader trend.
Major Events:
Central Bank Meetings – Institutions like the Fed, ECB, BoJ, and BoE set monetary policies. Interest rate hikes strengthen a currency, while rate cuts weaken it. Forward guidance also plays a role in shaping long-term trends.
Inflation Reports (CPI & PPI): These measure inflation levels, influencing central bank decisions. Higher inflation often leads to interest rate hikes, strengthening the currency, while lower inflation may result in monetary easing, weakening it.
Employment Data (NFP & Job Reports) – The US Non-Farm Payrolls (NFP) report is a key indicator. Strong job growth supports a stronger USD, while weak employment data signals economic trouble.
GDP Growth Reports –:A higher-than-expected GDP growth rate boosts investor confidence and strengthens the currency, while economic contraction leads to depreciation.
Political & Geopolitical Events: Elections, government policies, trade wars, and conflicts create uncertainty, often pushing investors toward safe-haven currencies like the USD, JPY, or CHF.
One's Loss, Another's Win:
When the U.S. releases strong economic data, such as higher-than-expected GDP growth, strong job reports (NFP), or an interest rate hike by the Federal Reserve, The demand for the U.S. dollar increases. This leads to USD appreciation against other currencies, including the euro.
For example,
---> EUR/USD falls : USD is gaining strength, it takes fewer dollars to buy 1 euro, causing the EUR/USD exchange rate to drop.
---> USD/EUR rises : USD is now wortth more, the inverse exchange rate (USD/EUR) increases, meaning 1 USD can now buy more euro.
Key strategies for trading events:
•Stay Ahead with an Event Calendar: Keep track of important economic events and central bank meetings to anticipate potential market-moving news.
• Gauge Market Expectations: Understand forecasts and market sentiment before the event to predict how the market might react.
• Implement Stop-Loss Orders: Protect your trades from excessive risk by setting stop-loss orders to cap potential losses during volatile moves.
• Wait for Market Stability: Allow the market to settle after the event to avoid getting caught in the initial volatility and better assess the trend.
• Evaluate the Market’s Response: Assess the immediate market reaction to the event to identify if the initial price move is sustainable or a short-term spike.
Drawbacks of Trading News:
High Volatility & Whipsaws: Prices can spike in both directions before settling on a trend, leading to stop-loss hunting.
Widened Spreads: During news releases, brokers often widen spreads, increasing trading costs.
Slippage: Rapid price movements can lead to orders being executed at unexpected prices.
Emotional Trading: Sudden market swings can trigger impulsive decisions, leading to losses.
Market Manipulation: Big players and institutions often move the market unpredictably before major news releases.
In the next part, we will focus on the specific events and strategies.
What Next In EURUSD
Key Levels:
1. Resistance Levels:
o The red supply zone above (around 1.04500) represents a key resistance area.
Price has rejected this level in the past, showing that sellers are active there.
o Another small resistance zone is identified near 1.04390 from previous candles.
2. Support Levels:
o The light blue demand zone below (1.04126) acts as a significant support area.
Buyers stepped in here previously, causing a rally.
o A second support level is near 1.04100, aligning with
the current price's point of interest (POI).
________________________________________
Market Behavior:
1. Range-Bound Price Action:
o The note on the chart mentions that the price was in a range yesterday. This is evident as
price oscillates between the resistance zone (1.04500) and
the demand/support zone (1.04126).
o Breakout confirmation (upward or downward) is crucial for clarity on the next trend.
2. Current Price:
o The price is currently testing the demand zone (POI Level). If it holds, we may see a
bounce back toward resistance at 1.04500.
________________________________________
💡 Technical Indicators:
1. Exponential Moving Average (EMA):
o The price is hovering near the blue EMA line, which is likely a 50-period EMA. This suggests
a mixed market sentiment where buyers and sellers are evenly matched.
o A strong price reaction above or below the EMA can indicate the next potential trend.
________________________________________
📊 Supply and Demand Zones:
1. Supply Zone:
o The red supply zone at the top indicates strong selling pressure. Price will need strong
momentum to break through it.
2. Demand Zone:
o The light blue demand zone has seen active buyers before. It's a critical level for bulls to
maintain to avoid further downside.
________________________________________
📊 Trading Plan:
1. For Buyers:
o Wait for a bullish reaction from the demand zone (1.04126) and a possible breakout above
the range (1.04500) to target higher levels.
o A bounce off the EMA would also signal bullish momentum.
2. For Sellers:
o Look for a rejection at the resistance zone (1.04500) or a confirmed break below the
demand zone at 1.04126 for shorting opportunities.
________________________________________
⚠️Recommendation:
• Wait for Breakout:
o Avoid trading in the current range until a breakout occurs, as it is unclear if the price will
move higher or lower.
o Monitor for volume and candlestick patterns at key levels (rejections or breakouts).
This chart currently exhibits consolidation, requiring a patient approach for clarity on the
next directional move.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more
analysis with you and share your opinion about the possible trend of this chart
with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD
As of January 29, 2025, the EUR/USD pair is exhibiting signs of a potential bullish movement.
**Market Pulse**
The EUR/USD is currently trading within an ascending channel, indicating a short-term bullish trend. The pair is testing the support area near 1.0395, suggesting a possible rebound and continuation of the upward movement.
**Key Technical Levels**
- **Resistance:** 1.0485
- **Support:** 1.0395
**Technical Indicators**
- **Trend:** The pair is moving within an ascending channel, indicating a short-term bullish trend.
- **RSI:** A rebound from the support line on the RSI indicator suggests a potential upward movement.
**Trade Recommendation**
Considering the technical indicators and the prevailing bullish trend, initiating a **buy** position is advisable.
- **Entry Point:** Buy at 1.0400
- **Take Profit (TP):** 1.0635
- **Stop Loss (SL):** 1.0325
**Risk Management**
This trade setup offers a favorable reward-to-risk ratio. Ensure that your position size aligns with your risk tolerance and overall trading strategy.
**Conclusion**
The EUR/USD pair is showing signs of a potential bullish movement, supported by technical indicators. Traders should monitor key levels and manage risk appropriately.
*Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.*
EURUSD - PRICE ACTION CONFIRMS TREND REVERSALSymbol - EURUSD
The EURUSD currency pair has broken its previous trend, emerging from a consolidation phase and reaching new highs, which signals a definitive shift in market direction. The primary focus now shifts to the resistance zones, where significant market struggles are expected. The ongoing correction of the US dollar, largely driven by political and geopolitical factors, presents opportunities within the forex market. The EURUSD has been strengthening for the past month, suggesting promising prospects, particularly if the dollar's correction continues. This week, attention is on the Federal Reserve's rate decision and the inflation meeting, which could provide further support for the current market movement.
From a technical perspective, the key support level to watch is at 1.0445. If the bulls are able to maintain this support, the price may move towards the 1.0600 - 1.0700 range in the short to medium term.
Resistance levels: 1.0530, 1.0610
Support level: 1.0445
The price has already tested the 1.0445 level. A potential false breakdown could occur, aimed at capturing liquidity, after which the pair is likely to resume its upward momentum, driven by renewed interest from buyers in the euro.
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD
As of January 28, 2025, the EUR/USD pair is encountering significant overhead resistance, suggesting a potential opportunity for a **sell** entry.
**Market Pulse**
The EUR/USD is struggling below key resistance at 1.06 as traders await Federal Reserve and European Central Bank decisions. The pair has been in a downtrend, and the current rally may present a selling opportunity. ))
**Key Technical Levels**
- **Resistance:** 1.0600
- **Support:** 1.0300
**Technical Indicators**
- **Trend:** The pair remains in a downtrend, with the recent rally approaching significant resistance levels.
- **RSI:** The Relative Strength Index is approaching overbought territory, indicating potential for a reversal.
- **MACD:** The Moving Average Convergence Divergence shows diminishing bullish momentum, suggesting a possible downturn.
**Trade Recommendation**
Considering the technical indicators and the prevailing downtrend, initiating a **sell** position is advisable.
- **Entry Point:** Sell at 1.0580
- **Take Profit (TP):** 1.0300
- **Stop Loss (SL):** 1.0650
**Risk Management**
This trade setup offers a favorable reward-to-risk ratio. Ensure that your position size aligns with your risk tolerance and overall trading strategy.
**Conclusion**
The EUR/USD pair is facing significant resistance, and technical indicators suggest a potential reversal. Traders should monitor key levels and manage risk appropriately.
*Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.*
EURUSD NEXT POSSIBLE MOVEMENTHello 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 NEXT POSSIBLE MOVE SAXO:EURUSD
### **EUR/USD DAILY OUTLOOK - JAN 24, 2025: SELL OPPORTUNITY**
---
**Market Pulse**
The EUR/USD pair is under renewed bearish pressure as the U.S. dollar gains strength amid hawkish Federal Reserve sentiment and weaker-than-expected Eurozone economic data. Risk-off sentiment in global markets further supports the dollar's safe-haven appeal.
---
### **SELL ENTRY POINTS**
**Entry Levels:**
- **Sell Limit:** 1.0420 (near intraday resistance).
- **Sell at Market:** 1.0390 (after bearish confirmation).
**Target Levels:**
- **Take Profit 1 (TP1):** 1.0350
- **Take Profit 2 (TP2):** 1.0310
**Stop Loss:**
- **Above Resistance:** 1.0450
---
### **Key Technical Signals 🔍**
- **Trend:** Bearish continuation as price remains below key EMAs.
- **RSI:** Below 45, indicating bearish momentum.
- **MACD:** Negative divergence, signaling continued downside pressure.
- **EMA:** Price trading below the 20 and 50-day EMAs, confirming bearish bias.
---
### **Global News Impact 🌐**
- **Hawkish Fed:** Federal Reserve officials reiterate their commitment to higher interest rates to combat inflation, boosting the dollar.
- **Eurozone Data:** Poor economic sentiment indicators weigh on the Euro, adding to the pair's downside pressure.
---
### **Market Sentiment 📊**
- **Forex Client Sentiment:** 58% long, 42% short, suggesting a contrarian bearish signal.
- **Myfxbook Sentiment:** 71% long, 29% short, heavily bullish sentiment could signal more downside.
---
### **Risk-Reward Ratio**
- **1:2** for short-term targets.
- **1:3** for extended bearish moves.
---
### **Your Move**
Look for selling opportunities around resistance levels and confirm bearish price action before entering. Monitor U.S. data releases, including jobless claims and PMI, which could impact dollar strength.
*Disclaimer: Trading involves significant risk. Ensure proper risk management practices are in place.*
EURUSD - TREND CHANGED ?EURUSD is poised for a potential bullish rally, having broken the extended downtrend and entering a phase of consolidation, which could provide an opportunity for further upward momentum. Although the broader global trend remains bearish, it is premature to discuss a trend reversal, as the price is still facing significant resistance at 1.0440. However, a consolidation base is forming in this area, and if the US dollar continues its corrective movement, EURUSD may have the potential to confirm a trend shift. Should the bulls manage to surpass 1.0448 and establish a firm position above this level, a move towards 1.0610 and potentially higher could be in the cards.
Resistance levels: 1.0450, 1.0610
Support levels: 1.0330, 1.0225
From a technical standpoint, attention is on the immediate level of 1.0450. A breakout and sustained trading above this zone could present an ideal entry point for long positions.
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 - 1H 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!!!
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD
As of January 24, 2025, here's the latest analysis for the EUR/USD currency pair:
---
### **EUR/USD DAILY OUTLOOK - JAN 24, 2025: BUY OPPORTUNITY**
---
**Market Pulse**
The EUR/USD pair is exhibiting signs of a potential bullish reversal. Recent developments, including a softer tone on tariffs from President Donald Trump, have provided a boost to the Euro. This shift in trade policy sentiment has alleviated some downward pressure on the Euro, offering a more favorable outlook for buyers.
**Key Levels**
- **Resistance:** 1.0440, 1.0480
- **Support:** 1.0380, 1.0350
**Technical Signals**
- **Trend:** Emerging bullish momentum
- **RSI:** Rising above 50, indicating increasing buying pressure
- **MACD:** Positive crossover, suggesting upward momentum
- **EMA:** Price action moving above the 20-day EMA, signaling a potential trend reversal
**Global News Impact**
- **Trade Policy:** President Trump's recent softer stance on tariffs has provided support to the Euro, improving the EUR/USD outlook. ( [
**Market Sentiment**
- **Forex Client Sentiment:** 52% long, 48% short, indicating a slight bullish bias
- **Myfxbook Sentiment:** 65% long, 35% short, reflecting increased buying interest
**Trade Recommendation**
Considering the recent developments and technical indicators, a **buy** position is recommended.
- **Entry Point:** 1.0400
- **Take Profit (TP):** 1.0480
- **Stop Loss (SL):** 1.0360
**Risk Management**
This trade setup offers a 2:1 reward-to-risk ratio. Ensure that your position size aligns with your risk tolerance and overall trading strategy.
**Conclusion**
The EUR/USD pair is showing potential for a bullish move, supported by favorable trade policy developments and positive technical indicators. Traders should monitor key levels and manage risk appropriately.
*Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.*
EUR/USD continues follow up trend continue looking for long signals on m15+h1
D1 is recovering strongly from the previous decline.
and also a significant recovery of DXY
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD
EUR/USD DAILY OUTLOOK - JAN 23, 2025: BUY OPPORTUNITY**
---
**Market Pulse**
The EUR/USD pair is showing signs of recovery as the U.S. dollar faces slight weakening due to mixed economic data and cautious sentiment ahead of Federal Reserve announcements. The Euro gains support from improving Eurozone consumer confidence and stable manufacturing data.
---
### **BUY ENTRY POINTS**
**Entry Levels:**
- **Buy Limit:** 1.0320 (near intraday support).
- **Buy at Market:** 1.0345 (upon bullish confirmation).
**Target Levels:**
- **Take Profit 1 (TP1):** 1.0375
- **Take Profit 2 (TP2):** 1.0410
**Stop Loss:**
- **Below Support:** 1.0295
---
### **Key Technical Signals 🔍**
- **Trend:** Bullish rebound forming after a corrective phase.
- **RSI:** Climbing above 50, signaling increased buying momentum.
- **MACD:** Positive crossover, suggesting bullish momentum building.
- **EMA:** Price is testing the 20 EMA and could break above.
---
### **Global News Impact 🌐**
- **US Dollar Eases:** Market caution leads to mild selling in the dollar as traders await clarity on Fed policy.
- **Eurozone Data:** Better-than-expected consumer confidence and manufacturing growth are boosting the Euro.
---
### **Market Sentiment 📊**
- **Forex Client Sentiment:** 45% short, 55% long, slightly favoring buyers.
- **Myfxbook Sentiment:** 68% long, 32% short.
---
### **Risk-Reward Ratio**
- **1:2** for conservative targets.
- **1:3** for extended bullish targets.
---
### **Your Move**
Monitor the 1.0320 level for confirmation of support, or wait for a breakout above 1.0345 for market entry. Keep an eye on U.S. data releases that could impact the dollar’s movement.
*Disclaimer: Trading involves significant risk. Ensure proper risk management practices are in place.*
EUR/USD rises as Trump’s mild tariff plan reduces USD appealEUR/USD continues to maintain a solid upward trend above the key support level of 1.0400 in the European session on Wednesday, following a strong recovery in the North American session on Tuesday. The pair remains stable as investors assess the new tariff policies of the U.S. to adjust their positions.
Over the past two days, U.S. President Donald Trump announced a 25% tariff on imports from Mexico and Canada, and 10% on China, effective from February 1. Trump also threatened to take measures to address the U.S. trade deficit with the European Union, though he has not provided specific details. Earlier this week, Trump stated that he would tackle the issue by "increasing tariffs or requiring the EU to buy more oil and gas from the U.S."
However, these tariff threats appear less aggressive than market expectations, reducing demand for safe-haven U.S. dollars (USD). The U.S. Dollar Index (DXY), which tracks the value of the greenback against six major currencies, is currently trading near its lowest level in two weeks, around 107.90.
EUR/USD is trading steadily near its two-week high of 1.0430 in the European session on Wednesday, after rebounding from a more than two-year low of 1.0175. The pair has recovered strongly, thanks to a positive momentum divergence and price action. However, a bearish divergence signal would be confirmed if EUR/USD breaks above the immediate resistance level at 1.0440.
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD
As of January 22, 2025, here's the latest analysis for the EUR/USD currency pair:
---
### **EUR/USD DAILY OUTLOOK - JAN 22, 2025**
---
**Market Pulse**
The EUR/USD pair is experiencing a bearish trend, influenced by a strengthening U.S. dollar. Currency speculators have adopted the most bullish stance on the dollar since 2016, driven by expectations of a stronger U.S. economy and higher interest rates under President Donald Trump's second term.
**Key Levels**
- **Resistance:** 1.04180 (VWAP of January 7th), 1.03800 (Value Area Low of January 7th)
- **Support:** 1.03150 (Value Area Low of January 3rd), 1.02835 (Point of Control of January 1st)
**Technical Signals**
- **Trend:** The pair remains in a bearish trend, with the 20 EMA acting as a significant resistance level.
- **RSI:** The Relative Strength Index indicates selling pressure, aligning with the bearish outlook.
- **MACD:** The Moving Average Convergence Divergence suggests continued downward momentum.
**Global News Impact**
- **U.S. Dollar Strength:** Funds have started the Trump 2.0 era with the most bullish outlook on the dollar since 2016, driven by expectations of a stronger U.S. economy and higher interest rates.
- **Trade Policies:** President Trump's discussions on potential tariffs, including those on Canada and Mexico, have contributed to the dollar's rebound.
**Market Sentiment**
Despite the bearish technical indicators, market sentiment shows a mix of positions, with some traders anticipating potential rebounds.
**Trade Recommendation**
Given the prevailing bearish trend, a **sell** position is recommended.
- **Entry Point:** Around 1.0350, near the resistance level.
- **Take Profit (TP):** 1.0280, aligning with the support level.
- **Stop Loss (SL):** 1.0385, just above the resistance to mitigate risk.
**Risk Management**
This setup offers a favorable risk-reward ratio. Ensure that your position size aligns with your risk tolerance and account management strategy.
**Conclusion**
The EUR/USD pair is currently under bearish pressure due to a strengthening U.S. dollar and market optimism about the U.S. economy. Technical indicators support a sell position, with key levels identified for entry, take profit, and stop loss.
*Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.*
EUR/USD Long Long & LongSuccessful price recovery and reversal at fibo 0.5
The trend test is completed and the price continues to increase according to D1 + H4
EUR/USD stays below 1.0400 after Trump's tariff commentsThe EUR/USD pair is currently facing strong selling pressure, trading around the 1.0380 level during the Asian session on Tuesday, after partially recovering from recent losses. The Euro continues to be negatively impacted by expectations of a dovish stance from the European Central Bank (ECB). The market expects the ECB to continue cutting interest rates by 25 basis points in upcoming policy meetings, due to concerns over the Eurozone's economic outlook and low inflation.
These expectations are further reinforced by the belief that inflation in the Eurozone will remain stable near the ECB's 2% target, while uncertainty surrounding US trade policies is increasing.
Technically, key support levels for EUR/USD are at 1.0260 and 1.0180, with a strong resistance level at 1.0410. If EUR/USD fails to hold above these support levels and breaks through them, the downtrend may continue, with the next target potentially being 1.0100.
Traders may consider selling if the pair continues to decline and fails to break the resistance level at 1.0410. A sell entry could be placed at 1.0400, with profit targets at 1.0260 and 1.0180. Be sure to set a reasonable stop loss (SL) at 1.0450 to protect the account in case of an unexpected market reversal.
In conclusion, with the combination of bearish fundamentals and technical signals, EUR/USD may continue its downtrend if it breaks the key support levels of 1.0260 and 1.0180. Traders should pay close attention to these levels for potential selling opportunities.
