EURUSD_TOM trade ideas
What's Next for EURUSD? Deciding to Sell in VisionHello all traders!
Today, I want to share my thoughts on the EURUSD currency pair, a hot topic for those who closely follow the forex market. Although EURUSD is still holding above the 1,080 support level, I see that the signal is not very positive for the future of this pair.
Looking at the long-term trend, it seems that the pair is on the decline. Additionally, the price is currently trading below both the 34 and 89 EMAs, which further reinforces my bearish view. The US Dollar (USD) is currently experiencing a slight increase, putting pressure on EUR/USD and causing it to decline accordingly.
If the market bears can take control and push the price below the current support level, I will without hesitation start selling EURUSD. My target would be the 1,070 level.
For those looking for opportunities in the forex market, it may be time to consider a short position in EURUSD, based on current signals and analysis. We need to be ready to act when the market gives us such clear signals.
EURUSD: POST MOVE ANALYSISthe 15 min time frame price action had sweeped the buyside liquidty and immediately turned to the bearish side indicating that the price is trying to push down by trapping the buyers on the wrong side of the bigger move which is to the bearish side
EURUSD NEXT MOVE (mild correction expected)(Mid term)(27-03-2024Go through the analysis carefully, and do trade accordingly.
Current price- 1.08300
"if Price stay above 1.07900 then next target is 1.09000 and 1.09500"
if Price breaks 1.07900 then next target is 1.07000 and 1.06600
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
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EURUSD: The threat is still there!Hello, dear friends! What do you think about EURUSD today?
As predicted, EURUSD has faced difficulties in breaking the resistance level at 1.086 and has started to retreat. The slight increase in the US dollar has led to a defensive risk sentiment, contributing to a mild decline in EUR/USD to the area of 1.0830, amidst increasing caution ahead of the release of US PCE on March 29th. From a technical analysis perspective, the path ahead for this currency pair seems to have multiple obstacles as the downtrend line is still in play. Continued violation below the key support level at 1.080 could potentially cause the exchange rate to slide even further.
EURUSD: POST MOVE ANALYSISthe 4hr time frame: the price had been bearish in this time frame. and there was an unmitigated ob in the 4 hr which had the potential to push the price downwards
15 min timeframe: the price had been making higher highs and higher lows, as soon as the price made a choch of character in the time frame i looked for an entry in the pullback where the smaller time frame buyers were trapped
EURUSD: continues to recover above 1.0800Hello everyone! EUR/USD has bounced back after two consecutive losing sessions, marking a comeback from recent weeks' lows around the 1.0800 light, countering the US Dollar's bearish bias.
Starting the new week on a lighter note, the Greenback's recent rally has weakened, sending the US Dollar Index (DXY) falling below 104.00, despite US interest rates being higher in many different time periods.
Likewise, growing demand for riskier assets has given the Euro wings, marking EUR/USD's notable recovery from recent levels near 1.0800.
EURUSD: Continuous discounts!Hello dear traders! What do you think about EURUSD today?
After a strong increase on Wednesday, EUR/USD turned bearish on Thursday, ending the day in the red. The downward trend continued into Friday, with temporary trading fluctuating around the 1.0800 level.
The strength of the US dollar has truly reversed the direction of EUR/USD, aligning perfectly with our previous forecasts.
Looking ahead: The currency pair is currently moving through a significant support zone as marked on the chart. There is a possibility of a recovery, aiming to retrace to the Fibonacci 0.5 - 0.618 retracement level while testing the 34 and 89 EMA.
A successful breach above this level could open up further recovery phases. Conversely, breaking below the current support level would present a golden opportunity for sellers. Let's watch and see what unfolds with this currency pair!
EURUSD: A LONG PLANthe 15 min time frame price had taken the sell side liquidity trapped, the sellers and made a 1 min choch to the buyside so the price might go up to the next higher buyside liquidity which is the target
EURUSD SELL FORCAST 25.03.24Reason For SELL
1. Breaked Support @ 1.08350
2. Double Bearish Engulfing in last Week
3. Overall Sell Trend in 4H
Overall Possible Outcomes
🔹FX SIGNAL
EURUSD SELL 1.08175
SL 1.08850
TP 1.07011
EURUSD 15M ANALYSISFOREXCOM: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: DiscountThe EUR/USD has declined to the 1.0840 level in early Asian trading on Friday. This decline is believed to be due to the strength of the US dollar and higher US Treasury yields. Traders are eagerly awaiting Germany's IFO Business Climate Index on Friday, before Federal Reserve Chairman Powell's speech.
From a technical analysis perspective, a pattern has formed signaling a downward trend for this currency pair. In theory, the price will break below the support level, creating a false breakout at 1.0835. EUR/USD may continue to adjust downwards within the range of 1.081 - 1.080 by the end of this trading week!
EURUSD: Buy now?Hello everyone, let's find out what's happening with EURUSD today!
Last Friday, EURUSD ended the week with a downward trend. But today, it has found some support at the 1.080 level, causing a slight comeback with the current price hovering around 1.082 as it aims for a recovery towards the Fibonacci target of 0.5 - 0.618.
If it can maintain the 1.080 support level, EURUSD still has a chance to rise. However, we should closely monitor the Fibonacci zone of 0.5 - 0.618 as sellers may push this currency pair down once again within this range.
What do you think? Do you see EURUSD shifting towards an upward trend?
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 SHORTHI GUYS all of doing good we are now binged up with EURUSD short for more further updates stay tuned guys
EURUSD: On the reboundHello dear friends, let's discuss and plan our strategy for the new day with RKrina!
EUR/USD has successfully surpassed the important barrier of 1.0900, driven by significant downward pressure on the US Dollar following the Federal Reserve's decision to maintain interest rates and indications of potential rate cuts three times this year.
The 4-hour chart suggests that the current downward momentum may have exhausted. This indicates that the next upward barriers could be at 1.0921, followed by 1.0963 and 1.0998.
The initial support level is at 1.0834, with further supports at 1.0830 and 1.0761.
EUR USD FLIGHT MODE ON till 1.08972 PRICE LINE take a SHORTGBP CAD FLIGHT MODE ON till 1.08972 PRICE LINE take a SHORT, follow for more live updates @FOREX_TRADER_007
EURUSD 4H ANALYSISFOREXCOM: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 : Are there additional discounts?Hello, beloved friends! Let's together explore the heartbeat of the EURUSD market today!
In this calm trading session on Wednesday, EURUSD remains at 1.086, reflecting the closing level from yesterday.
The strength of the US dollar continues to challenge riskier assets, bolstering the US Dollar Index (DXY) and impacting the slight decline of EUR/USD.
From a technical standpoint, the 1.080 level is crucial for sellers as it could signify a deeper correction or a point of recovery for EURUSD after its recent decline.
What is your perspective? Will EURUSD rise or fall in the short term?
"EUR/USD: Anticipating Consolidation and Upside Breakout""The EUR/USD currency pair is currently poised for a period of consolidation, hinting at a potential bullish breakout on the horizon. Traders are closely monitoring the price action as it stabilizes, anticipating a surge towards higher levels. This consolidation phase often serves as a precursor to significant market movements, offering astute traders a prime opportunity to position themselves for potential gains. By closely monitoring key support and resistance levels, along with relevant technical indicators, traders can effectively gauge the strength of the impending breakout. With careful analysis and strategic entry points, traders can capitalize on the anticipated upside movement in the EUR/USD pair. Exercise caution and implement risk management measures to navigate the market with confidence and optimize trading outcomes."
EURUSD SHORTHI guys i hope all of us doing good now we bring it up with EURUSD short for more further updates and trading ideas stay tuned guys
EUR/USD: Stronger discounts continue!Hello dear friends! What do you think about the current trend of EURUSD?
Today, EURUSD continues to decline, seemingly trying to gather strength to bounce back as the US dollar strengthens for the third consecutive day.
Currently trading near the 1.0849 level, a quick look at the technical analysis chart shows that the downward momentum is still leading. As a result, breaking below the support level of 1.0871 has solidified the case for implementing a selling strategy.
I am watching the 1.0800 level as the next stop, especially if the support level of 1.085 continues to crumble. What about you? What is your prediction for this currency pair?
"EUR/USD: Assessing Downtrend Resistance for Potential ContinuatThe EUR/USD currency pair is currently navigating a downtrend, encountering resistance at a critical level. As market participants closely monitor this resistance zone, the focus shifts to the potential continuation of the prevailing downtrend. Traders are diligently assessing technical indicators and market dynamics to anticipate whether the EUR/USD pair will break through this resistance barrier, paving the way for further downside movement. Gain insights into the factors influencing EUR/USD's trend, analyze key support and resistance levels, and stay ahead of potential trading opportunities as the currency pair charts its course amidst evolving market conditions.
@johntradingwick
