EURUSD_TOD trade ideas
EURUSD - Predicted October 20Chairman of the US Federal Reserve (Fed) Jerome Powell said that inflation has cooled down, but the agency is still determined to bring back the 2% target.
In a speech on October 19 in New York, Jerome Powell admitted that tightening policies had brought inflation back under control, but emphasized that the Fed still needed to be cautious in pursuing its goal.
"Inflation is still too high. A few months of good data is just the beginning to give us confidence that inflation is returning to target. But we still don't know how long these good numbers will last, or Where will inflation be in the coming quarters?" he said. He affirmed that Fed officials "unanimously committed to bringing inflation to 2%".
This speech raises questions about the Fed's upcoming policy after a series of consecutive interest rate increases. The Fed has raised interest rates 11 times since March 2022, to the current 5.25%. This is a 22-year high.
intraday buyin eur/usd1) short trand is upward
2) generally continues its trend from retracements
3)its history has such moves
SUPPLY AND DEMANDsupply and demand trading with the trend
we saw price on a strong downtrend which also created a supply zone were we looked to short once price comes back to our zone
we then went to our entry timeframe which is the H1 to look for entry with confirmation.
eurusd long term buy As we see eurusd is currentley on monthly support if we go ltf we see a clear chooch in h4
this confirms our bias to go long
eurusd is now retracing down if this retracement work and we see a bos in upward then we will be buyers on eurusd till we reach monthly premium area
LET SEE
EUR/USD price analysis: Achieving modest increaseHello dear friends!
Today, the EURUSD experienced modest gains during the Asian trading session on Monday. It is evident that the recovery of this currency pair is supported by a weaker US dollar (USD). As of the time of writing, EUR/USD is trading at 1.0525.
From the technical analysis chart:
As mentioned, immediate resistance for EUR/USD can be seen at 1.0558. Additional price increase filters will appear at 1.0578. Any further buying trades above this level will witness a recovery towards the key barrier at 1.0600, describing a psychological round number and the highest level of October 6th. Moving further north, the major currency pair will challenge the next resistance at 1.0640 (high of October 12th), followed by 1.0655.
On the other hand, 1.0477 serves as the initial support level for EUR/USD. The next dispute to monitor is near the lowest level on October 4th at 1.0450. The next stop is in the range of 1.0400-1.0405, representing a psychological sign and the highest level of October 17th. A decisive break below this level will result in a decline towards 1.0330 (low of November 16th, 2022).
EURUSD continues to fall into the fieldHello dear traders!
Currently, the EUR/USD is holding higher but still below the 1.0600 level in Asian trading on Wednesday. The risk-off sentiment is dominating and weighing on the US Dollar, particularly in the face of optimistic data from China. Lagarde's speech and EU/US data are being closely watched.
On the 4-hour chart, the price is well supported and is currently trading around the 1.0574 level. The current resistance level is around 1.0600, and breaking above that level will attract attention towards 1.0630. Closing the day above that level will pave the way for further gains. On the other hand, a drop below 1.0540 will weaken the outlook for the Euro, causing it to decline towards 1.0500.
EURUSD continues to decreaseHello dear friends, EURUSD has decreased as predicted. It is currently trading at 1.0538, down by 0.20% for the day.
It can be observed that after forming a pattern, this currency pair has gradually narrowed its direction. The expected level for this decline is at 1.0481.
BIGSHADOW IN EURUSDEntry: Enter a long (buy) position after the bullish engulfing pattern is confirmed. The bullish engulfing pattern occurs when a small bearish candle is followed by a larger bullish candle that completely engulfs the previous one.
Stop Loss (SL): Place a stop-loss order below the low of the bearish candle in the bullish engulfing pattern. This is done to limit potential losses if the market doesn't follow the expected reversal.
Take Profit (TP): Set a take-profit level based on your risk-reward ratio or technical analysis. This could be a resistance level or a predefined profit target.
Tags: Use tags or comments in TradingView to label and organize your analysis. For example, you could tag your entry as "Bullish Engulfing Entry," your stop-loss level as "SL," and your take-profit level as "TP."
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euro usdIn my analysis of the EUR/USD currency pair, I've observed several key factors that are influencing its performance. It's important to note that this is not a trading recommendation but rather a general overview of the pair's recent trends and the forces at play.
Euro/usdAsian sweep entry
Ict model
Asian low sweep
15m fvg sweep
Entry on 15m fvg
Tp to Asian hg /bsl
EURUSD stays in bear’s jaws ahead of US Retail SalesEURUSD stays within a three-month-old bearish trend channel despite rising the most in October the previous day. Adding strength to the bearish bias is the looming bear cross between the 100-day SMA and the 200-day SMA, as well as the steady RSI (14) line. However, three-week-long horizontal support surrounding 1.0500 joins the bullish MACD signals to restrict the immediate downside of the Euro pair. Following that, the monthly low of around 1.0450 will act as the final defense for the bulls before driving prices down towards the aforementioned channel’s bottom line, close to 1.0350 by the press time.
Meanwhile, EURUSD recovery needs to defy the bearish channel pattern, by clearly crossing the 1.0600 hurdle, to convince the short-term buyers. Even so, a horizontal area comprising multiple levels marked since May, near 1.0620-35, will be a tough nut to crack for the bulls. It’s worth noting that a convergence of the 100-day SMA and the 200-day SMA, near 1.0830 at the latest, holds to key to the bullish trend.
To sum up, the EURUSD remains within a bearish trajectory as markets await the Eurozone/German ZEW data and EU EcoFin Meeting, as well as the US Retail Sales. The same suggests that the outcome favoring the US Dollar, or weighing on the Euro, will have a clearer response than the otherwise.
EURUSD SHORTPERFECT HIGH PROBABILTY SETUP.
Red Lines are main leg , so after taking main leg , market allways go to take internal LQD.
Blue lines are internal strcture , After taking internal LQD Market will make the main move , atlist till the yellow line.
EURUSD Analysis-EURUSD is jumped last week and not sustained on the major supply zone
-Now it is retraced to the near the demand zone, which is marked on the chart
-There is a low-risk long trade near the demand zone with SL 1.04657 TGT 1.06365
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.
Did you go Short on EUR/USD?As Per Current Situation and Market Structure Looks Like to move forward for short term period then it should re-test recent swing Low or it should expand down direction.
sell eur/usdmeasure trend of eur/usd is down
according to history data dxy index takeoff from runway without retracement
so inverse effect will showcase on eur/usd
also the history of eur/usd shows behavioural pattern as per shown by me in drawn charts
Trade line break out then retrece then after targetTrade line break out then retrece then after target
Latest EURUSD analysis and update todayCurrently, the EURUSD exchange rate has regained momentum and risen to its highest level in two weeks, trading at 1.0625 at the time of writing.
Since its last decline at 1.0447, the EU seems to have found support at this significant level. Currently, the price is approaching the resistance level at 1.0640. By maintaining its current upward momentum, there is a possibility of a sustained recovery up to 1.0680, with short-term price corrections along the way.
EURUSD: The continuation trendToday, with the stronger US dollar, the EUR/USD pair has been pushed down from its weekly high of 1.0630 to 1.0520. Economic data from the US reflects continued support for the greenback, combined with higher interest rates, putting downward pressure on this currency pair.
For these reasons, gold sellers will continue to push the price of gold down, currently trading at 1.0528 with an expected decrease to 1.0489.
Euro USD can go upEuro usd can go up just wait for the retest and then buy there are basically two reasons why it can go up one number one is k8nd my head and shoulder pattern in daily and it is at support area and it took support of fib levels too
