EURUSD in correction phase,poised for sell opportunityYesterday market react in 50% Fib ,we can look for sell in FVG zone.
USDEUX trade ideas
EURUSD: Sellers are in profit!EUR/USD remains in a daily range above 1.0700 during the European session on Tuesday after closing in positive territory on Monday. Mixed ZEW sentiment data from Germany and the Eurozone makes it difficult for the Euro to find demand as the focus shifts to US data.
Looking from the technical picture, the downward momentum is kept intact with the trend still favoring sellers and the EMA 34, 89 remaining stable.
Wishing you happy trading!
EUR/USD LONG TRADEHi,
there is an long setup in EUR/USD pair on 1 Hr timrframe
*Reasons for trade
1) rsi is oversold
2) pair is on support
3) it has made v recovery pattern with great buying volume
#set stoploss as per your wish
#one can also find entry on 15min earlier on there risk/analiys
#
*DISCLAMIER*
" Don't trust this idea blindy make your own analiys to make your trade to profittable "
*BEST OF LUCK*
EURUSD: A RISKY SHORT1. in the 1 hour time frame the market had been making lower lows and lower highs with heavy imbalances indicating the presence of large institutions, banks and smart money
2. The 15 min time frame has also shown a change of character near the 1 hour order block, thus the short entry
3. But it is risky because there is more FVGs above the orderblock where we have entered so the market might go up to fill them and then go down from an extreme OB
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EURUSD long Trade#Eurusd long ⬆️side trade.
only a candel close above this line
wait for candel close.
MUST USE SL FOR SMALL LOSS & TRADE IN FUTURE
EURUSDEUR/USD 4-Hour Analysis: Potential Bearish Continuation
Chart Overview:
This EUR/USD 4-hour chart analysis indicates a potential bearish continuation following a recent break of significant support levels and trend lines.
Key Points:
1. Resistance and Support Levels:
- Resistance: A strong resistance level is identified around 1.08520, highlighted with a red shaded area, where price has previously reversed.
- Support: The 0.61% Fibonacci retracement level around 1.08012 serves as a crucial support level.
2. Trend Analysis:
- The pair initially showed an upward trend, but recent price action has broken below a key ascending trend line, indicating a shift to bearish momentum.
3. Fibonacci Retracement:
- The 0.61% Fibonacci level (1.08012) is marked as a significant retracement point. This level is often watched by traders for potential reversal or continuation.
4. Price Projection:
- The expected price path is a retracement back to the 0.61% Fibonacci level before continuing the downward movement. This is illustrated by the projected zigzag pattern.
5. Risk/Reward Setup:
- The analysis includes a potential short trade setup with the green shaded area representing the target zone and the red shaded area indicating the stop-loss zone. This setup suggests a favorable risk/reward ratio.
6. Market Sentiment:
- Overall sentiment is bearish, with the price action showing strong downward momentum after breaking the support and trend line.
Trading Plan:
- Look for shorting opportunities at the resistance zone around 1.08012.
- Place stop-losses just above the red shaded area to manage risk.
- Target the support zones below the current price action for potential take-profits.
This analysis suggests caution and patience for traders, waiting for the price to reach key levels before entering trades. As always, ensure proper risk management and consider external economic factors that may influence price movements.
EURUSD EURUSD can be buy for short term, I hope I will get 50 to 80 pips on this This set-up is good
EURUSD weekly setupIn the EURUSD weekly setup, the higher timeframe (HTF) trend is bullish. I am considering a buy-side position once the price captures the internal Liquidity (LIQ) and retraces to the Monthly FVG and Breaker Block zone. Confirmation from the 4-hour and 15-minute setups is essential before entry.
Weekly Analysis: EURUSD On top of the recent swing move we can see a nice liquidity sweep of the consolidated previous weekly candles, rejecting the price and pushing downside and the recent bearish candle we now see validates the previous downclosed candle.
The huge wicks are results of economic events that occurred last week showing sign of rejection and pushing price to the downside. So in the upcoming week we should see price running below daily and weekly liquidities.
EUR/USD 4-Hour Analysis: Key Levels and Potential MovesFurther Decline to DE-1d: If the DE-4h zone fails to hold, the next significant support is at the DE-1d level, where a stronger bullish reaction might occur.
EURUSD: Prioritize the downtrend!Hello fellow EURUSD trading lovers!
Today, we see EURUSD continuing its downtrend, with the price currently hovering around 1,080.
-Market summary:
Yesterday's developments: After this news, EURUSD quickly skyrocketed and filled the gap but could not maintain a long-term increase.
Technical outlook:
Price Pattern: The pair is trading in a narrowing wedge pattern, characterized by lower highs and lower lows.
Short-term forecast: With these technical signals, EURUSD will likely continue to decline in the near future.
I'm more inclined towards sales. What is your view? Do you see more opportunities on the downside or do you have a different view? Share your thoughts!
EURUSD EURUSD m15 set up is there, 1:6+ rr can be got, set up is very good, Trade planning can be done by managing the risk
EURUSD: A RISKY TRADE IDEAQ) WHAT IS THE CURRENT STATUS OF THE MARKET:
1. The daily time frame has shown a slight bearish nature with the price making a choch with fvg to the downside. But this could also be an attempt by the institutions to collect liquidity and go long
2. the 1HR and the 4HR has shown bullish nature and for now we are going to follow that and take a small profit with a small yet risky stop loss
3. The price has been making higher high in this time frame
4. so the entry is at the place where the 15 min choch occurs, which provides the confirmation that the market is trying to go up
EURUSD trading strategy! The selling trend is still strong!Hey everyone,
What are your thoughts on EURUSD today?
Looking at the 4-hour chart, EURUSD is currently in a recovery phase. The pair is filling the GAP and completing a retracement to the 0.5 - 0.618 Fibonacci levels. As of now, the price is sitting at 1.0759, reflecting a 0.05% increase for the day.
It's expected that after completing this retracement, the price might resume its downward trend, just as illustrated on the chart!
What’s your take on this? Let’s discuss your insights in the comments below!
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.
Should we buy or sell EUR/USD today?Dear friends!
Currently, EUR/USD is flat, staying just below the 1.0750 level during Wednesday's Asian session. With upcoming US CPI data and Federal Reserve policy announcements, it is best to avoid placing new bets on this currency pair until we see how these events play out. They are likely to significantly influence the performance of the US Dollar.
If the downtrend continues, EUR/USD could first target the June low of 1.0719 and could then fall deeper to 1.0649.
EURUSD ANALYSIS OVER H1 CHART."Euro vs. US Dollar," EUR/USD
A bounce off the Tenkan-Sen line is seen in EUR/USD. There appears to be a downward trend as the pair is heading below the Ichimoku Cloud. It is anticipated that there will be a test of the Double Top reversal pattern's bottom limit at 1.0780, followed by a drop to 1.0645. An further indicator that would validate the decline would be a rebound from the upper bound of the bearish channel. A breakthrough of the Cloud's upper limit, with the price securing above 1.0895 and pointing to a further advance to 1.0985, might invalidate the scenario.
Looking for short term buying opportunities in it.
EURUSD traders should focus on 1.0790, US inflation and FedEURUSD licks its wounds at the lowest level in six weeks as the pair traders await the US Consumer Price Index (CPI) for May and the Federal Open Market Committee (FOMC) meeting of the US Federal Reserve (Fed). Also important are the final readings of Germany’s inflation data for May and speeches from a slew of European Central Bank (ECB) officials. In doing so, the Euro pair keeps the week-start fall beneath the 200-day Simple Moving Average (SMA) and a one-month-old ascending support line, a part of the short-term bullish triangle. Not only the downside break of the key SMA and rejection of the bullish chart pattern but the bearish MACD signals and an absence of the oversold RSI (14) also keep the pair sellers hopeful. The same highlights February’s low of around 1.0695 as immediate support to watch during the quote’s fresh downside. Following that, an upward-sloping trend line from October 2023 near 1.0650 will act as the final defense of the buyers. In a case where the pair remains bearish past 1.0650, it becomes vulnerable to refresh the yearly low, currently around the 1.0600 threshold.
On the contrary, softer US inflation and the Fed’s inability to convince the policy hawks despite avoiding the looming rate cut can trigger the EURUSD pair’s recovery. In that case, a convergence of the 200-SMA and support-turned-resistance line around 1.0790 will be in the spotlight. Should the Euro buyers manage to provide a daily closing beyond the 1.0790 hurdle, as well as cross the 1.0800 round figure, the 50% Fibonacci ratio of its July-October 2023 decline, around 1.0865, and then to a five-month-old descending resistance line, near 1.0915, can’t be ruled out. It should be observed, however, that the buyers will face heavy resistance past 1.0915 as the aforementioned triangle’s top line of 1.0920 will precede the 61.8% Fibonacci ratio near 1.0960 and an 11-month-old falling trend line surrounding 1.1010 to restrict the further upside.
Overall, EURUSD remains on the bear’s radar beneath 1.1010 while 1.0790 acts as an immediate key upside hurdle.
EURUSD: A 15 Min Entry AnalysisMARKET STATUS:
1. the 1 hour time frame has been bearish
2. the purple box is the box of 1 HR OB
3. The 15 min time frame price has been making a choch from bullish to bearish
4. Targeting the nearest liquidity zone as the first target keeping a small risk and a high reward with the 2nd targeted liquidity
EURUSD: A SHORT 1 HR ANALYSISMARKET STATUS:
1. the market has been making lower lows and lower highs
2. it is always advisable to follow the trend
3. so the market has currently made a pullback
4. it has entered a bearish ob and has been showing bearish nature
5. for safe entry confirm the trade with the 15 min time frame for choch to the downside and then enter the trade
6. Target the previous lows because those are the places with high liquidity and high chances of change in character can take place
EURUSD: THE DAILY ANALYSISRETAIL ANALYSIS WITHOUT SMC:
1. the market has been in a channel and had made a breakout indicating bullish nature
2. but the market has not made a higher high and it has actually made a double top just below a strong high where the bears were sitting
3. and the market has then broken below the neckline for the double top
4. now the market can either take liquidity from the bears as they would have taken entry at the break in neckline, trap them and then go long
"OR"
The market could have already trapped the bulls and aimed for bearish movement
NOW HOW DO WE FIND WHAT IS IT GOING TO FAVOUR:
use the 1 hour time frame which is the lower time frame and follow the trend there and look for change of character in that time frame to go long or else just continue with the bearish momentum until there is a change of character in the 1 hour
EURUSD - SHORTI opted to enter for short on this pair. Stop-loss orders have their place, and I trusted my eyes more than my heart.
Short Bias for the upcoming week.
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**First Scenario - Short:**
First Target: $1.0825
First Target: $1.0805
Entry: $1.0851
Stoploss: $1.0854
**Second Scenario - Long:**
Initial Target: $1.089
Entry: $1.0854
Stoploss: $1.0844
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Take into consideration:
Psychological Resistance at $1.086
Psychological Support at $1.08
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NFA
DYOR
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Good Luck!
⚠️ Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.
Downtrend Continue in Weekly TF#EURUSD Looks Bearish after weekly long recovery and breakdown of buyer trendline , Also pattern shows continue rejection , have look through in order trade in smaller TF.
Feel Free give Suggestion in comment Section
