EURUSDTDTM trade ideas
EUR/USD: Breakout from Triangle AccumulationThe EUR/USD 1-hour chart shows a triangle pattern forming, which is a sign of accumulation before a breakout. A breakout of this pattern to the upside, as it has recently done, could signal that the next bullish trend is likely to continue.
The price has broken above the EMA 34 and is approaching the EMA 89, which suggests that the bullish trend may be increasing. If the price sustains above the EMA 89 and continues to break above the previously drawn horizontal resistance around 1.0577, we can expect a significant upside move.
Personally, I would advise traders to closely monitor the price interaction with the EMA 89 and the resistance at 1.0577 in the coming hours to determine a suitable trading strategy. At the same time, it is indispensable to follow economic news that may affect EUR/USD to get a comprehensive view of the current market trend.
EUR/USD: Hot Spot at 1.0594, Opportunity or Challenge?Looking at the 4-hour chart of the EUR/USD pair, I see a few key points that indicate the potential for the trend to develop in the near future. The pair has recently shown a fairly clear recovery from the lows, with the price currently trading near the important resistance level of 1.0594. This level has acted as resistance in the past and could now test the ability of traders again.
From a technical perspective, the price approaching this level could lead to two main scenarios: If EUR/USD can break above 1.0594, we could see the rally continue to higher levels, possibly reaching 1.0650 or higher.
EURUSD_1HEURUSD_1H BULLISH
Everything is mentioned on Charts.
Please always look for double confirmation before entry
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
EUR/USD can plan Short ????You can Plan Short from this level All 1D,4H and 1H levels are align so . You can Hold trade for until take profit when trade is in your direction . for safer side book some profit at 1:1
My Analysis of EURUSD (1 Hour Chart)Hello everyone,
Ascending Channel Formation:
Price is moving within a clear ascending channel, with higher highs and higher lows forming along the way. This structure suggests a temporary upside correction within the overall downtrend.
EMA Dynamics:
The 34 EMA (purple) is currently acting as dynamic resistance, rejecting multiple attempts to break higher, as indicated by the red arrows.
The 89 EMA (pink) is closely aligned, consolidating the resistance zone and signaling bearish momentum when the price is below these levels.
Key Resistance Zone:
The upper boundary of the channel, near 1.0525, is a key resistance zone. This zone is consistent with the rejection from the EMA and is expected to limit upside momentum.
Near-term Price Movement:
I expect price to retest this resistance level and potentially fake out in the short term before moving lower. A break of the ascending channel to the downside would confirm a continuation of the decline.
Target Level:
The initial downside target is around 1.0450, near the middle of the previous range.
If the decline continues, I expect the price to fall further towards the support level of 1.0352, which marks the lower boundary of my expected price.
Risk Zone:
A sustained break above 1.0550 would invalidate my bearish outlook and signal further upside.
Conclusion:
For now, I am watching how the price reacts at the upper boundary of the ascending channel and the EMA resistance zone. Any rejection or bearish candlestick pattern would confirm my short bias, focusing on the downside targets.
EURUSD MMSMLooking to short today's london session, we already have a clean turtle soup above highs now looking to short off the breaker targetting intermediate Lows and overall external lows
Sideways Trading Amid Lack of TrendOn the 1-hour chart of EUR/USD, the price is trading between the 34 and 89 EMAs, indicating a sideways market in the short term. The lack of a strong uptrend or downtrend suggests that investors may be waiting for more data or news that could impact the euro or dollar.
From my technical analysis perspective, the market looks like it will continue to trade in the current range until there is more economic data or important political events to establish a clearer trend.
EUR/USD Analysis: Bearish Momentum ResumesEUR/USD is dominated by a long-term downtrend, with technical factors and market sentiment leaning towards the sellers. The possibility of the price breaking the 1.0430 support is not small, especially in the context that traders are waiting for clear signals from upcoming major economic events.
Investors need to closely follow the price movements at important technical zones to make appropriate decisions, as EUR/USD is approaching a pivotal moment of the trend.
Possible Test of Major SupportThe EUR/USD chart shows a clear bearish trend, with the price moving within a steady downtrend channel, being pushed down after each approach to the upper line of the channel.
Recently, it seems that the price has tested the resistance level in the resistance area but failed and was rejected strongly, which shows the strength of the selling pressure in this price area.
From the current price position, the next important support point is located at around 1.03500. If the price continues to decline and breaks this support level, it could lead to a deeper decline.
Overall, the current trend for EUR/USD is negative, and traders should be wary of the possibility of further declines. Keeping a close eye on the support and resistance levels will help determine the appropriate times to enter or exit the market.
Gap Analysis and Gap Filling PotentialThe EUR/USD chart shows a gap, which occurs when the price jumps across a certain range without any trading taking place between the two prices. Currently, the price pattern suggests that there is a possibility of a gap filling, meaning that the price could move back to fill the gap in the near future.
This usually happens when the market reacts to a sudden and unsustainable price move. The gap filling is likely to occur if EUR/USD continues to decline and approaches the key support level at 1.0400, a point where many traders may use to re-price or place new buy orders. This is an important move to watch, as it could influence the short-term trend and momentum of the market.
EUR/USD Faces Strong Bearish Pressure: Is 1.0390 a Stop?The EUR/USD chart is currently showing a clear bearish trend as the price continues to stay below both the Bollinger Bands and the SMA. In particular, the downward cross of the SMA by the price line indicates that the bearish momentum is still very strong.
From a technical perspective, the next important support level could be at 1.0390, if the downtrend continues. It will be important to monitor whether EUR/USD can stabilize and recover at this level, or if it continues to decline. The recovery could be difficult as the short-term moving average (SMA) and the Bollinger Bands are still above the current price, forming strong resistance.
Overall, the current trend shows challenges for the euro, and I will continue to closely monitor the technical indicators to adjust my trading strategy accordingly
EURUSD Bullish Outlook for the Short TermJust like I mentioned DXY's short-term bearish outlook in my last post, I’m anticipating EURUSD to take a bullish stance.
Price made a failure swing retracement, clearing the old low and settling in a fair value gap on the Monthly chart. I’m looking for a stop-hunt expansion targeting buyside liquidity, as indicated on the chart.
Here, the old low serves as sellside liquidity for Market Makers to build long positions, and the FVG represents a fair value entry point.
These are just my thoughts on EURUSD - do your own analysis before acting.
EUR/USD: Bearish Pressure Continues, 1.0560 Is KeyEUR/USD on the 1-hour chart is currently showing signs of a slight recovery from the lows around 1.0520. However, the main trend is still tilted to the downside as the EMA 34 and EMA 89 continue to lie above the price, reflecting that selling pressure has not abated.
Personally, I think the bearish trend is still dominant and the 1.0560 area will be the deciding point whether the exchange rate can continue to recover or not. If it fails to overcome this resistance area, the possibility of EUR/USD continuing to fall to the 1.0520 area and even deeper is very high.
EUR/USD In Bear RaceThe EUR/USD chart is showing a clear bearish trend, with the price moving below both the 34 and 89 EMAs, indicating strong selling pressure. The 34 EMA has crossed the 89 EMA and is heading downwards, further reinforcing the bearish trend. The fact that the price continues to stay below these two EMAs is not a very optimistic sign for those who are expecting a recovery in the euro against the US dollar.
In the current scenario, the next important support point could be the 1.0400 area. If EUR/USD continues to decline and breaks this level, we could see a deeper decline, testing new lows. This requires traders to keep a close eye on the market developments and be ready to adjust their strategies to suit the current trend.
From a technical perspective, the current recovery appears to be just a technical recovery before the continuation of the downtrend. This increases the possibility of further declines, especially when there are no clear signs of a trend reversal. Investors need to carefully consider the risks and have a suitable capital management plan to avoid unnecessary losses in the current context.
EURUSD Under Pressure, Support at 1.05151 Awaits TestEURUSD is currently continuing its downward trend, dominated by the descending channel and EMA lines.
After bouncing off the strong support level of 1.05151, the price is now testing resistance at 1.05663 but remains under selling pressure as it stays below the EMA 34, confirming that the main trend has not changed.
Risk-off sentiment has driven capital into the USD, increasing pressure on EURUSD due to the greenback's strength. At the same time, positive CPI data supporting the British Pound has reduced the Euro's appeal, further intensifying downward pressure on the pair.
If the price fails to break above 1.05663, it is highly likely to retest the support at 1.05151 and potentially decline further.
EURUSD : Realization continues, risks increase!Dear traders,
EURUSD is currently in a bearish "flag" phase this Friday morning in Europe, influenced by risk-off flows stemming from escalating geopolitical tensions between Russia and Ukraine and concerns over potential U.S. tariffs on the EU... Now, there is nothing stopping it from further distribution.
Key news is on the horizon that traders should approach with caution. A Fed rate cut. And the question is no longer "when" but "how much" the Fed will cut amid persistently high inflation over the past few months.
From a technical perspective, the focus is on resistance levels at 1.055 and 1.054, which is the (fib 0.618). A gradual retracement and retest will increase the chances of a breakout.
Now, selling pressure on this currency pair is intensifying, prices are entering a risk zone, and buyers are becoming increasingly cautious. We are monitoring the next key downside targets at 1.047-1.044...
EUR/USD: Bearish Trend Continues to PrevailEUR/USD is in a strong downtrend with momentum from both price action and technical indicators. The sellers continue to control the market and the main target is still the $1.0449 area, followed by $1.0300. Traders need to monitor price action at support/resistance zones to find suitable entry points and manage risk carefully.
EURUSD Recovery: Challenging the 1.0946 Resistance
EURUSD is currently in a mild recovery phase, trading around 1.0582 after hitting a recent low at 1.05140—a significant support zone. While the recovery is underway, the EMA 34 and EMA 89 above the current price act as dynamic resistance, limiting upward momentum.
The nearest resistance at 1.0946 is a key target, but failure to break above this level may see EURUSD revisiting the support zone at 1.0514 or even dropping further.
The USD remains strong due to expectations that the Fed will maintain high interest rates, while weak economic data from Europe continues to undermine the EUR's position. Traders should closely monitor economic reports from both the US and Europe this week, especially inflation data, as these will play a critical role in determining the pair's next direction.
Recovery or Further Decline?The price zone of 1.06575 - 1.07100 (Fibonacci level 50%-61.8%) acts as strong resistance. This is also the area where the sellers are likely to increase pressure.
Price action scenario:
Currently, the price is in a recovery phase near the above resistance zone.
If the sellers defend the 1.06575 zone well, the price will likely continue to decline sharply.
Important support zone:
The nearest support is at 1.04876, which coincides with the old bottom.
If the price breaks this support, the next target will be the 1.02127 zone (Fibonacci extension level 1.618).
Personal opinion:
Wait for the price to return to the resistance zone of 1.06575 - 1.07100, look for a reversal signal here to enter a sell order.
First target is 1.04876, further target at 1.02127. Stop loss above 1.07200 to avoid resistance break.
EURUSD_15MEURUSD_15M BULLISH
Everything is mentioned on Charts.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
Recovery Trap or Breakout Opportunity?On the EUR/USD 4-hour chart, the bearish bias remains dominant. The pair is attempting to recover from the recent low at 1.0540, however, the important resistance zone around the 34-EMA (1.0600) is holding back the upside momentum.
If EUR/USD fails to overcome the resistance zone of 1.0600 - 1.0620 in the coming sessions, selling pressure will return strongly, pushing the price towards the support zone of 1.0550 and even 1.0500.
On the contrary, a clear breakout above 1.0620 could open the door to a test of the 1.0650 zone, however, the upside outlook remains challenging amid the long-term downtrend.
Trading Strategy:
Short: When price fails to break above 1.0600, place a sell order with target at 1.0550 and further at 1.0500.
Long: Consider buying if price breaks above 1.0620 with high volume, target at 1.0650.
