Get started

U.S. Dollar / Euro

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

USDEUR trade ideas

EUR/USD reaches the highest level in a week at 1,0600Yesterday, there was further upward movement in the Eurusd currency pair as anticipated. The Eurusd pair reached a weekly high at $1.0600 and is presently trading steadily at $1.0584, indicating a marginal weekly increase. Surprisingly, the US dollar experienced continued weakening on Friday, which provided strong support for the Eurusd pair to persist. According to the one-hour chart analysis, this particular currency duo is experiencing an expansion in its uptrend. Gold prices are expected to maintain their upward trajectory towards 1.061 before encountering resistance and potentially retracing towards 1.052 levels. On the flip side, if there is a breakout above 1.061 levels witnessed in this currency duo's price action, it would propel it further upwards towards 1.083 USD mark
by Samson-FX
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.
Long
by okako_trading
Swing Long for EURUSDHello 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.
Long
by KISHOREDHANABAL
EURUSD analysis todayGreetings, everyone! Presently, the EUR/USD pair is experiencing a favorable trajectory as anticipated, currently trading at 1.0544. The decline in value of the US dollar and the continuous support from US Treasury bond interest rates are contributing to the strength of this currency pair. When examining the technical analysis on a one-hour time frame, we can observe that this particular currency pair is predominantly trending upward. It is projected to potentially rise to 1.059 before retracing back to its support level at 1.057, followed by another significant surge in value.
Long
by Samson-FX
EUR/USD: The decline in pressure decreases above 1,0545 - UOBA few days ago (on October 3, at the spot rate of 1.0480), Samson emphasized that the EUR "is still in a downtrend phase and is likely to weaken to around 1.0430, possibly below 1.0400." The EUR dropped to 1.0447 and has since rebounded. The downward momentum is starting to slow down, and if the EUR surpasses the level of 1.0545 (with no significant change in 'strong resistance' from yesterday), it means that the level of 1.0430 will not appear during this period.
by Samson-FX
EURUSD pares losses within five-week-old bearish channelEURUSD stays defensive within a short-term bearish chart pattern after recovering from the Year-To-Date (YTD) low in the last two consecutive days. The corrective bounce also crossed a two-week-long falling resistance line and gains support from the bullish MACD signals, as well as the upbeat RSI (14) conditions, to suggest the Euro pair’s further advances. However, the top line of a downward-sloping trend channel established since August 30, close to 1.0575 by the press time, guards the immediate recovery of the pair. Following that, an 11-week-old descending resistance line and the 200-SMA, respectively near 1.0660 and 1.0700, will act as the final defense of the bears before giving control to the buyers. Meanwhile, the resistance-turned-support line stretched from September 20, surrounding 1.0530, puts a floor beneath the EURUSD price for the short term. In a case where the Euro pair drops below 1.0530, the 1.0500 round figure and the yearly low marked on Tuesday around 1.0450 will test the bears. Also acting as a downside filter is the bottom line of the aforementioned bearish trend channel, close to 1.0420 at the latest. Should the major currency pair remain bearish past 1.0420, and also break the 1.0400 threshold, a gradual south-run toward the late November 2022 swing low of around 1.0220 can’t be ruled out. Overall, EURUSD is likely to witness further recovery but the bearish trend prevails unless the quote stays beneath 1.0700.
by MTradingGlobal