Breakout in EURO USD Once again trend line breaking and breakout happening to uper side. by routsubrat19966
1:6 Short Opportunity EUPotential 1:6 setup in EU, price can sweep Asian high and fall from M15 OB which also has a lower time frame fvg in it.by aashish110
EURUSD bulls are still in the game despite retreatEURUSD pares the biggest weekly gain since early January ever since it reversed from the monthly high on Friday. In doing so, the Euro pair prints the first weekly loss in three as Fed Chair Powell’s testimony looms. However, a golden cross on the moving average, that is a condition where 50-SMA pierces the 200-SMA from below, joins the quote’s sustained trading beyond a fortnight-old rising support line to keep the buyers hopeful. Hence, the immediate trend line support, close to 1.0875 at the latest, precedes the 50-SMA of near 1.0840 and the 200-SMA surrounding 1.0820 to act as the final defense of the Euro buyers. Also acting as the downside filter is the early-month peak of around 1.0775, a break of which can quickly drag the pair to the previous monthly low of 1.0635. Meanwhile, the EURUSD recovery needs to remain successfully high past the two-month-old horizontal support zone surrounding 1.0900-910. In that case, the weekly high of 1.0970 and the 1.1000 psychological magnet can challenge the bulls. Following that, the double tops marked in late April and early May, just below the 1.1100 round figure, will be crucial for the buyers to cross to confirm their ruling. Overall, the EURUSD appears slipping off the bull’s radar but the bears need validation from technicals, as well as from Fed’s Powell, to retake control.by MTradingGlobal117
EURUSD CHART 15MIN ANALYISIS 19 JUNEsell after taken out inducement or previous day high and eurusd is now converted into bearish trend so avoid buy setup untill any low sweepShortby akforextrader8
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... Keep trading ❤️ Hustle hard ✅Longby okako_trading8
EURUSD short in this chart i analyze the EURUSD pair in which it have possibility to down move actually there are two POIs from where it can react Shortby tradewithhsk5512
EURUSD Analysis!EURUSD Weekly Analysis! EURUSD Support Trendline Breakdown! Short Trade Opportunity in EURUSD! EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this pattern is a Rising Wedge pattern if i am not wrong. We can see, in the last 2 weeks the volume is increasing like bears are interested in dragging down the price. RSI also not moving as per price if we observe carefully it is showing a small inclination during price making higher high's and then the downmove has started. Rest of all analysis is on the chart itself please have a look. Thank You! Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capitalShortby Avinash9087Updated 13
time and pricein eurusd today is judas swing time 1st buy stop 2nd sell stop 3rd with trend Longby The_BankersUpdated 0
USD/EUR- More downside to come before it starts rising downside of 1-1.5% is expected before we see a rally of 2.5-3%. Support zone -9.05 Shortby Mh_52
EURUSD trade analysis by advanced high frequency trading bucksEURUSD trade ananysis by advanced high frequency trading bucks lets goo high reward setup according to market scenario so lets play it Shortby ujjwalchandrakar21Updated 0
EURUSD appears bullish on ECB DayEURUSD defends recovery from 200-EMA, as well as stays above the 50-EMA hurdle, as markets prepare for the ECB. In doing so, the Euro pair lures buyers amid hawkish expectations from the European Central Bank (ECB). That said, the 23.6% Fibonacci retracement level of the pair’s upside from late November 2022 to May 2023, near 1.0900, appears immediate resistance for the bulls to watch before targeting the 1.1000 threshold. It’s worth noting, however, that the nearly overbought RSI may restrict the major currency pair’s advances past 1.1000, highlighting February’s peak of around 1.1035, as well as the yearly top marked in May around 1.1100. On the flip side, a dovish hike from the ECB and a daily close below the 50-DMA support of 1.0810 becomes necessary to please intraday sellers of the EURUSD pair. Even so, the 200-EMA of around 1.0690 will challenge the bears. Should the pair drops below the key EMA support, the previous monthly low of around 1.0635 can act as the final defense of the Euro bulls. Following that, a southward trajectory toward the lows marked in March and January, respectively around 1.0515 and 1.0480, will be in the spotlight. To sum up, EURUSD is likely to approach the yearly high unless the ECB disappoints.by MTradingGlobal5
A Simple EUR/USD Short Idea: 12th June 2023Overview: Price retraced back to the 15-minute supply area while taking out equal highs in the process which is an added confluence in terms of a bearish reaction. Zooming down to the 1 Min timeframe, bearish momentum became more apparent as a 1 Min demand area was invalidated with the price-breaking previous internal higher low structure and creating a 1 Min supply area with an engulfing candle for imbalance. Stop Loss: 1.07896 Entry: 1.07865 TP 1 set at 15 Min Demand Zone Imbalance: 1.07532 ( 1:10.6 RR) TP 2 set at 15 Min Structure Higher low: 1.07345 ( 1:17 RR) Fundamental Reasons: The Fed is expected to continue with a pause in its monetary policy decisions which is something that the market has already been pricing in. Market price movements are expected to remain subdued with lesser volatility than usual in the run-up to the news events later this week. If the trade does not hit TP before news events, It would be closed at any RR regardless Shortby shreyassanand5
LONG IDEA ON EURUSDI am using support and resistance as a basis for my trading. EURUSD seems to be moving upwards based on the chart and trend line. Disclaimer........................... The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice.Longby Knickk6
ICT grading swings - how it worklearn about how ICT use the grade swings by defining dealing ranges dealing range is last buy side and sell side price delivery This is how price move form discount to equilibrium to premium Educationby IBT_A2
EUR/USD in daily time frameElliott wave analysis Looks like EUR/USD in bullish segment in daily time frame, wave 5 going to start for an target of 1.16000 Like and comment if you like the chart.Longby keerthivasan_886
time and pricein eurusd market gets in reversal from buy to sell so i expext its go for sell on mondayShortby The_Bankers1
It's Smart money 4H POI doesn't have any liquidity in front -No Inducement in leg(NID) Liquidity has been created and swept Which says we are ready to 💸 flyLongby LIQUIDITYKINGORIGINALUpdated 17
EURUSD shortin this chart this shows the clear uptrend as it breaks its previous high it has to go in retracement phase and this is the possibility from where the market can go into retracementShortby tradewithhsk5
EURUSD potential reversal EURUSD 4 hr candles starting to close and form above a downwards trend line from May 4th We have a rising trendline below it Risk/Reward looks good to me Longby WarnerDollar3
EURUSD Wait For The Trigger 🔥🔥Hello Traders, Welcome to this analysis, In multiple time frames we are looking at the EURUSD and the H1 timeframe. My trading strategy is based on simplicity. Please don't forget to FOLLOW, LIKE and COMMENT. If you like my analysis. Thank you and Good Luck!Shortby Delta_Forex_2
It's Smart moneyA fake break is happened on 4h And then we got m15 choch and m15 pbl fail Which gives a higher probability that this long can play out But keeping a risk entry is not my process Yes we might keep a risk entry but I would be more happy to get a confirmation entry on M1 which will give me a higher risk reward Longby LIQUIDITYKINGORIGINAL114
Trend Trading Strategies for ForexTrend Trading Strategies for Forex Forex trading is a complex and challenging endeavour, especially for beginners. One approach to navigating the market is trend trading, a strategy that involves analysing price trends and making trades based on the direction of those trends. Trend trading can be profitable but requires market knowledge and the right tools and tactics. In this series of articles, we will explore forex trending trading strategies, including the types of trends and trend indicators. What is Trend Trading? Trend trading is a popular forex trading strategy that involves identifying and following the direction of the market trend. Trend trading aims to buy an asset when the trend is up. Then sell it when the trend is down, with the assumption that the trend will continue in the same direction. Trend traders identify trends and make trading decisions using technical analysis techniques like moving averages, trend lines, and others. Before engaging in forex trading, you need to understand market patterns. These patterns can tell you about the market's future and help you make profitable trades. Trends can be defined in three categories: i) uptrend ii) downtrend iii) sideways. Uptrend: A series of higher highs and higher lows in price over time, indicating a bullish market sentiment where buyers are in control. Example of uptrend trading: Downtrend: A series of lower lows and lower highs in price over time, indicating a bearish market sentiment where sellers are in control. Sideways Trend : It is also known as a range-bound market; this occurs when the price is moving within a specific range or channel, neither showing a clear uptrend nor a downtrend. You may look for chances to buy at the bottom of the range and sell at the top. In the next post, we’ll see different trend trading indicators & strategies. Until then happy trading! by Dhan1117
EURUSD SHORT AFTER CONFIRMATION 05/06/2023hello friends as you can see in 1 hr chart now market in resistance zone so my predication is that if market reject from resistance trend line then you can short after confirmation if market breakout resistance trend line then ignore the trade i hope it help you god bless you thank you.Shortby SoyabAhamad4