Get started

EUR (Euro)

Potential bullish rise off pullback support?EUR/NOK is reacting off the pivot and could rise to the 38.2% Fibonacci resistance. Pivot: 11.62697 1st Support: 11.57462 1st Resistance: 11.72053 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
EURUSD strong buy signal if the 4hour MA50 breaks.EURUSD has started trading inside a Channel Up pattern, approaching the 4hour MA50 with its 4hour RSI on the rise. This is identical to the pattern of late October both on price and RSI terms. When that pattern finally closed a candle over the 4hour MA50, the price was catapulted to the 1.618 Fibonacci extension (but remained under the 4hour MA200). As a result, go long if the 4hour MA50 gets crossed and target 1.07550 (Fib 1.618). Follow us, like the idea and leave a comment below!!
Long
by TheCryptagon
1
Heading into pullback resistance?EUR/CAD is rising towards the pivot and could reverse to the 1st support. Pivot: 1.48819 1st Support: 1.47444 1st Resistance: 1.49827 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
EURO - Price can break support level and continue fall in wedgeHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price grew inside rising channel, where it at once broke $1.0835 level, after which rose to resistance line. Also, in channel, price made a gap, after which rose to $1.0935 points and then started to decline. Euro exited from channel, and continued to decline inside wedge, where it broke $1.0835 level and fell to $1.0680 level. Price tried to grow, but failed and later broke $1.0680 level too, and continued to decline next to support area. When price reached this area, which coincided with $1.0530 support level, it bounced and now EUR trades near it. In my mind, price can grow to resistance line of wedge and then continue to fall to $1.0425, breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
14
Will EURNZD go bullish or bearish in the ranging market?This pair has been in a ranging market for the past one year and it has not yet shown any signs of breaking out of it. With that, I do anticipate that the price will keep on testing and retesting the fib levels within the zone, and it will test the 0.382 and 0.236 levels(according to the frame) There has been formation of the three rising stars candlestick pattern and an inverted hammer( according to the daily timeframe) and I anticipate that there will be a bearish momentum. I will give an analysis using the shorter timeframe to show the entry levels. Targets are 1.78 and 1.764
Short
by Vapari_Inc
Potential bullish bounce?The Fiber (EUR/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as an overlap resistance. Pivot: 1.0578 1st Support: 1.0532 1st Resistance: 1.0637 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
eurnzd h2 long/short +200/+400 pips swing trade plan🔸Hello traders, let's review the 2hour chart for EURNZD today. Rangebound trading condition recently, currently expecting a re-test of the mirror S/R resistance overhead and then sellers will take over from the resistance. 🔸Key levels for EURNZD traders: 7860 s/r bulls, 8050/60 s/r bears, 7659 mirror s/r bulls level will get re-tested by the bears for liquidity. 🔸Recommended strategy for EURNZD traders: the sequence is long/short so you want to buy low off the s/r bulls at 7860 SL 40 TP +200 pips, this is the bounce play / re-test of the mirror s/r bears at 8050 then flip short at/near 8050+-10 pips SL 50 pips TP1 +200 TP2 +400 pips final exit bears at mirror s/r at 7650. this is a swing trade setup, patience required. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
16
EURNZD / M15 / LONGEURNZD may rise from the Bullish Order Block. BULLISH ORDER BLOCK :- 1.80513 and 1.80451 EURNZD is currently showing a strong uptrend, reflecting bullish momentum in the market. A significant bullish order block has been identified between 1.80513 and 1.80451, just below the current price. This zone represents an area where institutional traders are likely to accumulate buy orders, making it a key level to watch. Traders have two options: either enter a long position now, aligning with the trend, or wait for the price to retrace into the order block for a more optimal entry. This setup is rooted in precision and patience, crucial elements for successful trading. Using Smart Money Concepts (SMC), this setup aligns with institutional trading strategies, providing a strong basis for expecting bullish momentum. There’s a significant possibility that this trade will end in profit. Let’s monitor the price action closely and see how it unfolds! EURNZD / M15 / LONG LOT :- 0.2 Entry Price :- 1.80512 Take Profit :- 1.81157 Stop Loss :- 1.80297
Long
by PraveenTrader1
EUR/JPY Bearish Setup: Supply Zone Rejects, New Lows in Sight!After a significant bearish move, price is consolidating and appears to be respecting the supply zone, suggesting a continuation of the downtrend. Support Levels: Immediate target support at 162.263. Extended target at 160.207. A potential bearish scenario with price rejecting the supply zone, targeting the mentioned support levels. Take Profit (TP): TP1: 162.263 (first support level). TP2: 160.207 (extended support level).
Short
by TopGBanks
1
EURUSD Bottom made. Now rally until end of year.The EURUSD pair eventually fulfilled all of our bearish signals since the September top, with the most recent one (November 11, see chart below) successfully hitting our 1.05300 Target: We are now shifting to a long-term bullish sentiment after a long time, as the price finally reached the 1.05185 - 1.04500 Support Zone, which is holding for almost 2 years (since early January 2023). The 1W RSI is virtually identical to the July - September 2023 Bearish Leg, on which we based all of our sell signals, as it was identified from early on that the similarities between the two were strong (1D chart). Now that the 1.236 Fibonacci extension got hit, we expect the bullish reversal to reach at least the 0.5 Fibonacci level, as it happened on November 20 2023. As a result, our Target is currently 1.09400. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Falling towards pullback support?The Fiber (EUR/USD) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 1.0463 1st Support: 1.0325 1st Resistance: 1.0600 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
EURUSD 17/11/24As we head into this week, we maintain a bearish bias on the EUR/USD pair. This aligns with last month’s trend, where we consistently sold this pair to the downside. Without a shift in bias, we expect this bearish momentum to continue. Looking at the chart, we’ve identified two key areas of interest for potential selling opportunities. First, there’s a short-term high located around the middle of the current range. This is also a 4-hour high that swept previous short-term highs. Above this, we see an area of unmitigated supply that triggered the last major break of structure, along with a liquidity high just above it. If the price pulls back, it could interact with this supply zone and possibly take out the liquidity highs. However, this pullback would be a counter-trend move. Our primary expectation remains for the price to continue its downward trajectory toward the lows. Last week, the price swept a daily low, highlighted by an arrow on the left-hand side of the screen. This sweep led to a notable upward push, which, while counter-trend, could serve as the catalyst for the pullback we anticipate. The market open will be interesting to watch. If the price gaps upward, it could indicate an intent to move higher before potentially filling the gap later in the week. This would align with the bearish continuation we’ve forecasted. Trade safe and stick to your plan.
by PipSurfingSociety
EURJPY | MarketoutlookThe policy divergence between the US Fed and SNB supports the pair at lower levels.   Jobless claims dropped to 227,000 for the week ending October 19, down from 242,000 the week before, suggesting some stability in the labor market. The four-week moving average rose by 6,750, reaching 231,000, which indicates that jobless claims are still showing fluctuations despite the recent decline.    The S&P Global Flash U.S. Manufacturing PMI increased slightly to 47.8 in October, up from 47.3 in September. However, this still shows that manufacturing activity is contracting for the fourth month in a row. On the other hand, the Flash Services PMI rose to 51.5, indicating modest growth in the services sector, which is important since it makes up a large part of the U.S. economy.
Long
by DynamicCapital-FX
EURUSD broke 13 month Low! Strong long term buy signal.EURUSD hit yesterday 1.0500, a price we last saw 13 months ago on October 13th 2023. That is the bottom of the Rectangle pattern and it is technically a rare buy opportunity. Additionally, it appears to be repeating the bearish wave of July - September 2023, which bottomed on step 4 and rebounded above the 0.618 Fibonacci extension. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.09235 (Fibonacci 0.618). Tips: 1. The RSI (1d) is on a Rising Support, thus a Bullish Divergence. That is an additional buy signal. Please like, follow and comment!! Notes: Past trading plan:
Long
by TradingBrokersView
1
USDCHF HEAD AND SHOULDERSThe USD/CHF currency pair has recently exhibited a downward trend, driven by several key factors. Macroeconomic uncertainties, including global economic slowdown and geopolitical tensions, have increased demand for safe-haven assets like the Swiss franc, putting downward pressure on the pair. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance while the Swiss National Bank adopts a more neutral approach, further contribute to the pair's decline. Technical indicators also suggest bearish momentum, with breaches of significant support levels and potential moves below key moving averages. Traders should closely monitor economic data and central bank communications to inform their strategies. + head and shoulders = going down
Short
by edl75
Euro can exit from pennant and rise to 1.0700 pointsHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price some days ago entered to range, where it at once fell to the resistance level, which coincided with the bottom part of the range. Then price bounced and in a short time rose to the top part of the range and some time traded near, after which it turned around and started to decline. In a short time price broke the 1.1005 resistance level, exited from range, and continued to decline inside the downward pennant. In this pattern, the EUR reached its current resistance level, which coincided with the seller zone, and then started to grow. Price rose to the resistance line and then made impulse down. Euro broke the 1.0760 level, but tried to back and failed, after which continued to decline to support line of the downward pennant. When the price reached this line it a not long time ago rebounded and now, I think that the Euro can exit from the pennant, make a retest or not, and continue to move up. For this case, I set my TP close current resistance level, at 1.0700 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
12
EURGBP to find sellers at market price?EURGBP - Intraday The primary trend remains bearish. Our short term bias remains negative. Preferred trade is to sell into rallies. 20 1day EMA is at 0.8338. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look to Sell at 0.8338 (stop at 0.8362) Our profit targets will be 0.8278 and 0.8268 Resistance: 0.8320 / 0.8345 / 0.8370 Support: 0.8307 / 0.8290 / 0.8260 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA