EURUSDTMSP trade ideas
EURUSD gyrates within bullish pennantEURUSD seesaws within a week-long bullish pennant formation, bracing for the second weekly gain, as markets await this week’s key US data. Not only the bullish pennant but the bullish crossover of the 50-SMA to the 100-SMA also keeps the Euro buyers hopeful. It’s worth noting, however, that the RSI and MACD fail to inspire the pair bulls. As a result, a fresh long position can wait until the quote confirms the bullish chart pattern by crossing the 1.0980 immediate hurdle. To make matters more clear, in case of big positions, the buyers should seek the pair’s successful trading beyond the 1.1010-20 resistance area. Following that, a run-up toward 1.1100 will be imminent before highlighting the yearly peak of 1.1275 for the bulls.
Meanwhile, the EURUSD pair’s downside break of 1.0920 support will defy the bullish pennant and can drag the prices toward the 50-SMA and the 100-SMA, respectively near 1.0880 and 1.0870. However, an upward-sloping support line from early November, close to 1.0800 by the press time, will be a crucial support to watch for defending the bulls, a break of which will give control to the bears targeting the monthly low of 1.0723 and early November bottom surrounding 1.0650.
Overall, the EURUSD remains on the buyer’s radar despite the recent inaction.
Euro dollars directrion
This EUR/USD analysis integrates Smart Money concepts and supply-and-demand dynamics, providing a nuanced perspective on institutional behavior. Augmented by the trader's personalized scripting experience, the analysis offers a comprehensive approach to navigating the currency pair's movements and informing strategic decisions.
EURUSD long Setup-The previous week, the price reached the Supply Zone
-Then faced strong resistance, which is marked on the chart
-The supply zone is 1.10175 to 1.09880, and the near-demand zone is 1.08505 to 108185
-Per the trend, it is still uptrend, so every dip is a buying 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.
EU weekly bullish baisThis is my weekly outlook on EU. Dxy has been super bearish. Thus I will long on any USD pairs coming week. Watching closely at DXY at the same time will be ideal for any long entries.
Looking for Buys on EURUSDHey traders, here is the analysis for the EURUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
EURUSD Look Good For Buy At Price Of 1.07513 - 1.07574If EURUSD break 1.07574 Level We can take a Buy Position
EURUSD Good For Long If Market Follow that Structure.If EURUSD Move Like That, We Will Take Long Entry Otherwise. We Will Not take position.
EURUSD: LONG OPPORTUNITY Price is in a very strong uptrend due to announcement of fed rates, and is retracing mostly upto 61.8% level ( which is a characteristic of a strong uptrend).
Now what we do is we make use of this opportunity by taking entry in an area of fvg when price makes bullish change of character and aim for either 128% or 161.8%.
buying idea in eur/usdoveroll trend is up
its recent history suggest buying on forming inverted head and shoulder type of patttern
as per shown in chart
so here is the plan
EURUSD: opportunities given by fed ratesBecause of yesterday’s fed rate announcement, price has made drastic and strong upward move and during such conditions there is good probability that the price will retrace to 61.8% fib level and rally upto 161.8% level.
Based on this concept there is a valid order block ( one which has broke structure) with a fvg (this is a confluence in itself). Price is likely to take Sellside liquidity and reach upto fvg or order block which are our point of interest and wait for bullish change of character on lower timeframe.
Though price is likely to reach 161.8% level our first profit booking will be at buyside liquidity and then shift our SL to breakeven or an understandable level.
Keep hustling, keep grinding!
EURUSD bulls approach 1.0970 hurdle ahead of ECBEURUSD prints a four-day winning streak while refreshing the monthly high around 1.0915 as traders await the European Central Bank’s (ECB) monetary policy announcements on early Thursday. The Euro pair’s latest recovery takes clues from the US Federal Reserve’s (Fed) dovish halt, as well as the upbeat RSI and MACD signals. Adding strength to the upside bias is the quote’s successful trading beyond the 100-SMA. With this, the major currency pair is likely to extend the previous week’s recovery toward the 1.0970 resistance confluence comprising a downward-sloping resistance line from July and a 61.8% Fibonacci retracement of July-October fall. Apart from the 1.0970, the 1.1000 psychological magnet and the previous monthly high of around 1.1020 also act as additional upside filters, a break of which will allow the bulls to challenge the yearly peak of 1.1275 marked in July.
On the flip side, the 50% and 38.2% Fibonacci ratios, surrounding 1.0865 and 1.0760 respectively, restrict the immediate downside of the EURUSD pair. Following that, the 100-SMA and the 50-SMA will challenge the Euro bears near 1.0750 and 1.0730 in that order. It’s worth noting, however, that a horizontal area comprising multiple levels marked since late May, close to 1.0670, appears a tough nut to crack for the pair sellers to break afterward.
Overall, the EURUSD pair appears all set to poke the 1.0970 hurdle but the quote’s further upside hinges on the ECB’s hawkish move, which is less likely to happen.
buy in eur/usdits strong momentum towards upside so we dont need to think much about any retracement
also the other measure paires suggest the same direction so here is the plan
EURUSD Cup and handle or waiting for handle ?EURUSD was in the downtrend since last week as i posted in one of my past publish. If this breaks out is see 1.09278 and 1.09649 as a intraday trade.
EURUSD selling opportunityLooking at the charts, there's a selling opportunity within the marked sell zone. Take profit by the 161.8% Fibonacci level. The key trigger is a clear breakout below the price level of 1.09028.
To make the most money, it's smart to be patient and wait for the price to go back up a bit before selling. This way, you enter the trade at the best time, following the technical signals for a chance to make a profit.
#TAYOR
EURUSDWe are expecting a buy movement soon as ema's are close for a crossover as you can see in the indicator short term ema is going to cross long term ema soon, shows going to be bullish in sometime and shoing positive change of ema on hours chart
EU weekly candle should look like current week expectations.The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by me
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.
EUR/USD Trade Setup - The Euro still looks bullish when compared to the USD
- The USD has shown some huge downside, now we can expect some relief and bounce back
- The Euro still shows signs of bearishness IMO.
- The Euro can rip your longs if you are looking for one, prefer setting up long-only bias once the base is set and the trend in intact.
Correction done in EURUSDThe pair has halted at support at 1.07562 thats Fib support. On the hourly chart the stock is taking support over the MA's,
EUR USD down side movement possibleEUR USD down side movement possible
Selling below the 1.07541
Stoploss 1.081112
Target 1.04958
