EUR USDThe EUR/USD is expected to rise, at least reaching the 15-minute high marked on the chart. Although the overall trend is downward, the predicted area might experience an uptrend. Let's see.
USDEUX trade ideas
EURUSD: Continuous discountHey everyone, buckle up because yesterday was one challenging ride! Shortly after the CPI news was broadcasted, the EUR/USD pair took a nosedive straight into the red zone. Surprisingly, surprisingly - the US inflation data for March threw us a curveball, pushing the US dollar to its highest level in a year. This move put pressure on major currency pairs, causing EUR/USD to plummet dramatically!
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.
EUR USD PRICE WILL BE DOWN FALL TILL AT 1.08555 TAKE A SHORT EUR USD PRICE will be DOWN FALL till AT 1.08555 take a SHORT ENTRY after breaking the up trend line as shown in the picture, follow for more live updates @TIME_TRADER_007
EUR USD PRICE - DOWN FALL TILL 1.07737 MARKED PRICE LINE EUR USD PRICE - DOWN FALL TILL 1.07737 marked price line, at till end of the tokyo sessions traders will be break the past fridays low at 1.07737, take a short entry as shown in the picture,
nd also follow for more live updates @FOREX_TRADER_007
EURUSD: Breaking important support levels!Hello everyone, EURUSD today continued its downtrend, extending for the third day in a row, surpassing many support levels despite the appearance of a double top pattern. The support level at 1,072 could not stop the exchange rate from falling deeply.
The current outlook remains skewed in favor of sellers, as candlestick patterns closed below support and a slight rise in the US dollar further exacerbated the pressure on the pair. Increasing speculation that the Fed may cut interest rates in September is also adding to the burden on EURUSD.
Enter with buy target 1.07500Enter with a target of 1.07500
Stop loss of 5min close below 1.07250
This levels are based on support/ resistance and squeeze momentum.
Do your due analysis before taking trade
eurusd getting reversing now eurusd getting pullback to higher to collect the imbalance
so now buy eurusd and set target to liq zone
EURUSD SHORT FOR TODAY ❗❗❗❗Price already tested the fvg.
So wait for PPI to hit and then look for entry to short
That's it.levels have been shown in the charts.
Learn to trade by yourself.PEAS.
EURUSD: Stable waiting for new news!Hello traders! The EURUSD exchange rate is currently performing well, not deviating too far from yesterday's attractive position. It seems like we are all in this stable meditation garden, and it may stick with us until the end of the day and beyond. The Bollinger Bands range is back in action, stretching between the resistance level at 1.088 and the support level at 1.081.
At the time of writing my thoughts, the price is at 1.0850, experiencing a 0.06% decline for the day. Let me tell you, a cautious atmosphere is gradually emerging as we approach the release of the US CPI index and the FOMC minutes, both scheduled for Wednesday this week. What is your strategy as we wait for the unveiling of these economic dramas?
EURUSD pares the biggest daily loss in 13 months on ECB DayWednesday’s strong US inflation data and hawkish Fed Minutes portrayed the EURUSD pair’s biggest daily slump since March 2023. Even so, the Euro pair failed to conquer a five-month-old rising support line, close to 1.0730 by the press time. The inability to break important support joins the market’s consolidation ahead of the European Central Bank (ECB) Interest Rate Decision to trigger the quote’s corrective bounce. However, the below 50.00 status of the RSI (14) line joins the bearish MACD signals to challenge the bullish bias, which in turn highlights the aforementioned 1.0730 support for the sellers to watch. Following that, the yearly low of 1.0695 and the mid-November 2023 bottom surrounding 1.0655 will act as the final defenses of the bulls.
On the contrary, a 50% Fibonacci retracement of the pair’s October-December 2023 upside, close to 1.0795, quickly followed by the 1.0800 threshold, cap the immediate upside of the EURUSD. Even if the quote manages to remain firmer past 1.0800, 200-SMA and 100-SMA will challenge the Euro buyers around 1.0830 and 1.0870 respectively. It’s worth noting that the pair’s upside past 1.0870 remains inconclusive for the bulls unless crossing a downward-sloping resistance line stretched from December 2023, near 1.0900 threshold at the latest.
To sum up, the EURUSD pair consolidates heavy losses ahead of the key ECB event, as well as the US PPI data. However, the bullish bias appears less convincing below 1.0900, especially when the ECB is likely to announce a dovish halt.
Live EURUSD Scalping Intraday Trading Live EURUSD Intraday Trading Scalping | Stoploss Mandatory | Stop Loss will keep you more days in Market.
Don't take trade I will update below when will be take trade.
EURUSD SHORT FOR TODAY ONLY!!!!!!Already price reach 50% fib,
Wait for news to take liquidity
Then go for short with clear downside candle stick pattern,
I will update when I take my setup
EURUSD: Buying strategy is still supportedThe EUR/USD pair experienced a modest increase, reaching around 1.0860 in the early Asian trading session on Tuesday. The decline in the US Dollar (USD) has provided some support for this currency pair, with growing optimism fueled by various technical indicators.
The upward momentum is being observed and strengthened as a new level of support forms, aligning with the EMA 34 and 89. As long as buyers maintain this support level, the scenario of price increase remains entirely reasonable.
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: The movement trend is not clear!EUR/USD appears to have made a breakthrough above 1.0800 at the beginning of Monday, breaking free from a three-week downtrend. However, the short-term technical outlook paints a picture of indecisiveness in this currency pair. On one hand, strong NFP data from the US continues to bolster the US Dollar, while optimistic industrial production figures from Germany and investor confidence from EU Sentix have not had a significant impact on the Euro.
If this pair surpasses the level of 1.0870, it could establish a strong foundation for a bullish recovery in EUR/USD. Conversely, the EMA 34 and 89 indicators currently lean towards a slight downtrend, indicating a lack of momentum for any significant price movements in either direction. Therefore, the support level at 1.0800 is still being monitored for potential retesting.
EURUSD LONG!!!!!!! 🥦🥦🥦Today I am looking to take long position for short term trade,
I am telling you the bias only
Just trade by your rules and setup accordingly.
Learn to do analysis by yourself.
EURUSD NEXT MOVE (Correction expected )(Mid term)(05-04-2024)Go 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 bullish outlook?Hello everyone! After a long period of decline, EURUSD ended the week with gains and is currently trading at 1.0836.
It can be observed across most time frames that the EU has achieved significant milestones, indicating a very positive price outlook. With EU continuing to trade steadily at these high levels, there is a possibility that the price level of 1.082 will be retested in the near future, forming a trend line and using it as a strong support for further price increase. The expected price levels are currently 1.087 and then 1.093
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: The downtrend line has not been broken yetRecent Summary:
EUR/USD showed resilience on Thursday but soon encountered strong resistance at the descending trendline, leading to a fresh downward correction. The important support level at 1,076 is currently a solid fulcrum for this currency's recovery hopes.
Market Assessment:
The support level at 1,076 is showing significant resistance, laying the groundwork for EUR/USD's potential upside, as long as this level is not broken. The important event at the end of the day, related to USD, may be a turning point, affecting the current dynamics of this currency pair.
Recovery Potential:
If the end-of-day news tilts in USD's favor, EUR/USD may have to look for upside opportunities from alternative factors. However, if USD fails to receive support from the news, EUR/USD has a solid chance to recover and even rally from current support levels.
Conclude:
With an important event coming up and strong support at 1,076, EUR/USD is in a state of balance between recovery and downside risks.
EURUSD: Suddenly back!In the context of the first rays of dawn in Asia, EUR/USD suddenly exploded, reaching the symbolic level of 1.0850. This recovery was fueled by tension from the USD index, after the shock from the US ISM Services PMI did not meet expectations in March. Then, profit-taking comments from the Fed Chairman Powell added even more "water to the cup", sparking a big move on the trading floor.
The weakening of the US Dollar is not only a golden basis for those holding the Euro but also opens a new page for this currency pair. Is this evidence of a new era of the Euro value system or just a fleeting passing color? What will happen next on the electronic boards of global financial markets, as the big picture gradually emerges?
EUR/USD: A Third Wave of an Impulse in Sight Analysis
The advance from Oct. 03, 2023 low of 1.0448 to 1.1140 subdivides into five waves. This wave pattern is significant because impulse waves identify the direction of the dominant trend. Thus the five wave advance implies further buying to come that would take prices above 1.1140 as wave 3.
The subsequent decline in EUR/USD is developing in three waves; Double Zigzag correction labelled ((w))-((x))-((y)) with wave ((y) in progress, supports this analysis. Counter trend price action typically consists of three waves, it's slow, choppy and often contained within parallel lines.
The depth of corrective wave guideline suggests that corrections tend to register their maximum retracement within the span of travel of the previous fourth wave of one lesser degree, most often ending near its terminus.
More over, in ratio relationships, sharp corrections tend more frequently to retrace 61.8% of the previous wave particularly when they occur as wave 2 of an Impulse or wave B in a larger Zigzag. Observe that this level is near the previous fourth wave of one lesser degree.
Within wave 2, wave ((y)) = 0.618 X ((w)) at 1.0701. Observe that this level is near the previous guidelines.
All this evidence virtually suggest that a bottom is at hand and a reversal could be around the corner.
Trade Plan
Entry: Buy at Market Price
Protective Stop: 1.0448;in an Impulse wave 2 CAN NEVER retrace 100% of wave 1.
Target: 1120 pips; in an Impulse the third wave commonly travels 1.618 times the gain of the
first as in; wave 1 = 692 pips (1.1140-1.0448), wave 3 = (1.618 X 692)
Risk-Reward: 1:3
