USDEUR trade ideas
EURUSD returned to a strong price increase?Hello everyone, EURUSD has experienced a significant increase in the previous week, with a price surge surpassing the 1.070 level. It is currently trading at a new high of 1.072, the strongest increase since mid-June.
Regarding the influencing factors:
The daily market drivers for this currency pair include the general weakness of the USD due to the Federal Reserve (Fed) changing its stance towards a more accommodative approach, hinting that they may end the tightening cycle on Wednesday. As a reaction, US Treasury bond yields dropped to their lowest level since September, with 2.5 and 10-year bond yields decreasing to 4.84, 4.50, and 4.57%. This has added selling pressure on the Greenback and provided a significant advantage for the EURUSD pair, aiding its recovery.
Regarding the new prospects for EURUSD:
On the 1D chart, EURUSD is currently receiving strong support at the 1.05 level. Breaking below this level would lead to a considerable price decrease, while maintaining this level would result in a price increase. Upon careful observation, it can be seen that the currency pair has surpassed the resistance level at 1.07. Both short-term and medium-term prospects indicate a strengthening upward trend. Personally, I believe that EUR will continue to experience a strong upward movement.
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.
A rally and then a final fallI couldn't have given u a better example of a series of 1's and 2's and then the devastation. Currently the rally in EUR should continue ..am looking at 1.19839 for the (4)th wave to end . Same series of 1's and 2's are there on many stocks and Indices so use these rallies to reduce ur positions coz the devastating 3rd leg has not even started.
eru/usd nxt posible plan EURUSD hevy supply demand . and multitime candlstick rejection .
retesteing complete 200ema rejection many . confirmation for bearish eru/usd
sell eur/usdrecent history suggest whenever it gives sharp fall it gives big momentum towards down side
so here is the plan as per shown in chart
Eurusd has difficulty increasingHello everyone!
The EUR/USD pair has risen by more than 10580 during the early Asian trading session on Thursday. The US dollar (USD) weakened after the Federal Open Market Committee (FOMC) policy meeting, providing some support for the major currency pair. Currently, EUR/USD is trading around 10597, up 0.26% for the day.
My perspective is that after reaching the resistance level of 1.066, a retracement will occur here with an expected decline to 1.052. Do you share the same viewpoint as me?
EURUSD decreases when USD increasesDear readers, the EUR USD trading has been unstable and uncertain in the past few days, currently hovering around 1.062 with a slight increase today. However, the recovery of the USD is putting pressure on this currency pair. The Euro is facing a suitable resistance zone around 1.063. What do you think about the potential decline reaching the limit of the price channel?
EURUSD BearishFOREXCOM: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 Expecting strong down moveLot of liquidity of buyer as been holding failed form higher higher , Lets hope for shot side and GBPUSD gave strong breakdown in base. Look for opportunity for sell.
EURUSD Short Stack [Daily Swing]Idea to stack on a position to the previous EURUSD position I pointed out. Wait for a retest below the next AOI and repeat the same confluences to enter the trade.
seems EURUSD buysince it is taking a support in previous support area and expecting a rally from currect market price
EURUSD ANALYSIS OVER H4 CHART.EUR/USD consolidates ahead of the Federal Open Market Committee (FOMC) policy decision with the expectation of maintaining the current interest rate at 5.5% in November’s meeting. The pair trades lower near 1.0570 during the Asian session on Wednesday.
The EUR/USD pair seems to be facing restrained momentum as the 14-day Relative Strength Index (RSI) lies below the 50 level, suggesting bearish momentum and reflecting a bias towards a weaker market sentiment.
EURUSD challenges bullish channel formation on Fed daySofter prints of the Eurozone inflation joined the overall risk-off mood and slightly upbeat US data to drag the EURUSD pair down on Tuesday. Adding strength to the bearish bias are the hopes of witnessing one more rate hike from the US Federal Reserve (Fed) during 2023, as well as the bearish MACD signals and steady RSI. However, a one-month-old ascending trend channel, currently between 1.0710 and 1.0540, provides headwinds to the Euro sellers. In a case where the major currency pair breaks the 1.0540 support and defies the bullish chart pattern, the yearly low marked in October 1.0450 and the August 2022 peak of around 1.0370 will lure the bears afterward.
On the flip side, the 200-bar Exponential Moving Average (EMA) surrounding 1.0615 guards the immediate recovery of the EURUSD pair ahead of the stated channel’s top line, close to 1.0710. It’s worth noting that the 61.8% Fibonacci retracement of the pair’s August-October downside, near 1.0750, will act as an additional upside filter for the bulls before taking control. Following that, a quick run-up towards the late August month’s high of around 1.0950 can’t be ruled out.
Overall, EURUSD challenges the four-week-old recovery as markets await the Federal Open Market Committee (FOMC) monetary policy meeting results on Wednesday.
SMC
either the market should respect that already mitigated ob or it will seep preday low liq and give choch and go up or sweep the external liq
short eur/usdwhen sharp down fall happens in slow and uprise consolidation it generally breaks the support line with retracement of 23.6%
so here is the plan
smcin eur usd market in bullish condition now ,market have taken idm or ext liq no order flow to be taken so well expect a choch on after taken the liq and set profit level up to buy side ext liq
EURUSD 4H TF tappedFX:EURUSD -- Now entered sell zone after long cover Seller domination. look for entery Shots.
EURUSD Short [Daily Swing]Bias is overall very bearish on EURUSD, entering a short at 1.06.
Confluences are marked on the chart itself.
Liquidity Sweep at 1hr TFFX:EURUSD -- Liquidity swept 1hr TF , Expecting down Move. Lets Watch Market in action
Down Trned EURUSD (Shot)FX:EURUSD -- 4 TF down trend expecting down move shot term long cover Buy marked between Zone can expected unmitigated area for inducement. Lets observe market.
