EURUSD strategic outlook: BEARS will target 1.0500🔸Hello guys, today let's review H8 price chart for eurusd. Previously
recommended buying low near 1.0650, TP hit +400 pips, congrats
if you followed. you can review original setup via link below.
🔸Range lows defined at 0650 , range highs set at 1050/1100.
This is the active trading range for EURUSD since early 2023 it's
well-defined and it's very unlikely that price will exit this range
any time soon (not until 2026).
🔸Currently we got a strong rejection near range highs at 1100
and this resistance is too strong for the bulls to break atm,
price was already rejected multiple times from this level.
there are no bullish catalysts in euro zone to break 1.10/1.11 S/R.
🔸Recommended strategy position traders: bears focus on short selling rips/rallies, targeting range lows at 0500/0550. Bears will take over from
here, so there is no valid setup for bulls on buy side. Keep in mind
that this is a swing trade setup and provided low volatiliy in EURUSD
it may take a while to hit the targets (multiple weeks).
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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.
Euro-dollar
EUR/USD Technical AnalysisFxNews —The EUR/USD currency pair stabilizes above the 100-period simple moving average and the 1.084 immediate support level. This occurs as Stochastic records show a reading of 82, indicating that the Euro is overpriced in the short term. Additionally, the Awesome Oscillator histogram is red, suggesting that the bear market is strengthening.
Forecast
From a technical perspective, the bullish outlook remains valid as long as the price holds above the 1.085 support level. In this scenario, the next target could be the 38.2% Fibonacci retracement level at 1.093.
Please note that the bullish outlook should be considered invalid if the price dips below 1.084.
EURUSD📌 Trading Instrument: EUR/USD
🔶 Bullish Breakout with Strong Potential 🔶
📝 Market Overview:
After 16 days of consolidation, EUR/USD has finally broken out of the diagonal resistance, suggesting a bullish move ahead. I took a position just before the breakout, assessing the potential reward as extremely favorable compared to the risk. The trade has a remarkable Risk-Reward Ratio of 17.5:1, making it highly attractive even with a low initial risk.
The breakout is supported by triple bullish divergences, signaling a strong potential for upward momentum. Moreover, the market is currently trading near the 0.61 Fibonacci retracement level, a critical point often signaling reversals.
Additionally, we have a solid support zone just below, which has held firm for 750 days. The absence of any significant breakdown from this level strengthens the bullish case. If this support holds, it will continue to fuel the upward momentum. However, any breakdown here could signal a notable trend reversal, so I'm closely monitoring the price action.
Given these technical signals, I opted for a day trade with the potential to extend it through the week, depending on price movement and relevant news flow.
🎯 Trade Details:
Stop Loss (SL): Today’s low
Take Profit (TP): 1.09528
This trade leverages several technical signals:
Bullish divergence across multiple timeframes.
Holding near the 0.61 Fibonacci retracement level.
The strong support that has not broken for 750 days.
The lack of a breakdown further solidifies the bullish outlook, and if the breakout gains momentum, this could be a highly profitable setup.
🚨 Disclaimer:
This is not financial advice. Always conduct your own research and trade responsibly. Markets are highly volatile, and you should only invest money you are prepared to lose.
Is It Still Bearish for the EURUSDWhile on the Monthly and Weekly we see this pair in a bearish swing, on the Daily, it appears to be in a Bullish swing. We have seen prices while sustaining the bullish swing, go through a strong bearish retracement. Price has come all the way into the Daily reversal zone.
At this point, we expect to see some form of reversal and for prices to begin the bullish extension towards the Daily liquidity target.
Where this happens, we will look to enter on long positions, using the panzy pips trading system.
In the unlikely event that prices continue to dip and the zone is breached, we will be look to see prices head for the Weekly liquidity target down below.
For whatever it is worth, the more likely direction, as at now, is a bullish reversal in the current zone, followed by a rally all the way up towards the Daily liquidity target.
EURUSD: Dollar going stronger than EuroThe orange circle, shows the exact moment where, at the same time, ICEUS:DX1! crossed over CME:6E1! and the 200-sma was in the middle of this crossover.
The Dollar futures are gaining stregth while on the other hand, Euro futures are falling in price.
After the crossover, a strong bearish candle cross the support, the price remain in congestion with yesterday price closing at 1.10533.
Today the price is already below a support during early september and a resistance in the week after.
Indicators: Besides the 200sma. The RSI is projecting to go overbought or at least close, while DMI- is increasing the direction and ADX is confirming the trend strength.
EURUSDEURUSD . Potential long opportunity.
Our previous idea for EURUSD has been correct . We believe that EURUSD will continue to the upside after coming down to our PBA 1 (Pull Back Area) . Our entry is sitting at the pullback area at 1.11363 . Break above our PBA 2 would result in higher highs . Our TP (Take Profit) is sitting at 1.12300 . If price falls below our PBA 1 it would invalidate our trade idea. SL (Stop Loss) is set at the break of our PBA 1 at 1.11110 .
PARAMETERS
- Entry: 1.11363
- SL: 1.11110
- TP: 1.12300
KEY NOTES
- EURUSD has fallen to our PBA 1.
- DXY still weak.
- Break above PBA 2 would confirm higher highs.
- Break below PBA 1 would invalidate the trade idea.
Happy trading!
FxPocket
Head and Shoulders Pattern in EURUSD Mid-TermTrading Setup:
There is a Trading Signal to Sell in EURUSD Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 1.0882
⭕️SL@ 1.0906
🔵TP1@ 1.0829
🔵TP2@ 1.0786
🔵TP3@ 1.0711
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
EURUSD - BULLISH SCENARIOHello Traders !
On Wednesday 26 June, The EURUSD reached a support level (1.06661 - 1.06494) and failed to break it !
Let's expect the Bullish Scenario:
if the price breaks above the resistance level (1.07614 - 1.07436) and closes above that,
We will see a bullish move📈
TARGET: 1.08065🎯
EUR/USD No directionEUR/USD No direction
Last week, the EUR/USD pair showed little movement in either direction, remaining relatively flat. This period of stagnation is reflective of several underlying factors affecting the currency market. Let’s delve into the key elements influencing the EUR/USD pair at this juncture.
Technical Analysis
From a technical perspective, the EUR/USD pair is under downward pressure. Various technical indicators are signaling potential declines, which is corroborated by the Commitments of Traders (COT) data. The COT report shows that 51.23% of fund positions are short, indicating a bearish sentiment among institutional traders.
Retail Sentiment
Retail investors, on the other hand, hold 55% of their positions long, suggesting a moderately optimistic outlook from the individual investor segment. This divergence in sentiment between institutional and retail investors often points to upcoming volatility, as differing expectations could lead to sharp movements when one group decides to realign with the other.
Seasonal Factors
Seasonally, we are in an interesting period. The first week of July is typically weak for the EUR/USD pair, but historical trends suggest that the rest of the month tends to be more favorable, with potential for upward movement. This pattern provides a mixed outlook for traders who may be trying to balance short-term caution with medium-term optimism.
Geopolitical Uncertainty
Adding to the uncertainty is the political situation in Europe, particularly in France. The first round of early parliamentary elections has resulted in a victory for the right-wing National Rally, yet the final outcome will not be determined until next week. This ongoing political uncertainty is likely to weigh on the euro, contributing to the pair's subdued performance.
Macroeconomic Events
Several key macroeconomic events in the upcoming week could significantly impact the EUR/USD pair:
Tuesday: Federal Reserve Chair Jerome Powell is scheduled to speak. Recent statements from Fed officials suggest Powell may adopt a hawkish stance.
Wednesday: The release of the ISM Services PMI for June and the FOMC Minutes. These reports will provide insights into the economic outlook and future monetary policy directions.
Friday: The Non-Farm Payrolls data will be eagerly watched by the market. The results could influence short-term economic expectations and future decisions by the Federal Reserve.
Additionally, preliminary inflation data from the European Union will be released on Tuesday, which could further impact the euro's performance.
The EUR/USD pair is currently in a state of flux, with various factors pulling it in different directions. The lack of significant movement last week suggests that traders are waiting for clearer signals from both technical indicators and upcoming macroeconomic events. The political uncertainty in France adds another layer of complexity to the situation.
Given the current landscape, it seems unlikely that we will see major fireworks from the EUR/USD pair in the immediate future. However, as the month progresses and more data becomes available, we may gain a clearer picture of the direction this pair is likely to take. Investors should stay vigilant and be prepared for potential volatility as these events unfold.
Feel free to comment and share your opinions on the future of the EUR/USD.
Trading Signal For EURUSD Trading Setup:
There is a Trading Signal to Sell in EURUSD Forex Signal (1h)Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 1.0759
⭕️SL@ 1.0786
🔵TP1@ 1.0666
🔵TP2@ 1.0624
🔵TP3@ 1.0581
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
EURUSD: Your Support & Resistance Levels For Next Week 🇪🇺🇺🇸
Here is my latest structure analysis and
important key levels to focus on EURUSD next week.
Resistance 1: 1.0880 - 1.0896 area
Resistance 2: 1.0921 - 1.0942 area
Resistance 3: 1.0947 - 1.0982 area
Support 1: 1.0788 - 1.0800 area
Support 2: 1.0723 - 1.0748 area
Support 3: 1.0649 - 1.0666 area
Support 4: 1.0600 - 1.0619 area
Consider these structure for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
Very important EURUSD analysis (Bitcoin is at the beginning)It is worth noting that the euro has been in a major downward trend for over 14 years (5200 days). And it's time to end it.
In 2024-2025, the euro will rise. Possibly also in 2026
Proof of the great rise of Bitcoin, and that something we haven't seen before, something much better, is coming.
For crypto, a weakening dollar is very important.
EURUSD: Confirm after reviewing ECB Financial Stability ReviewThere's a bullish sentiment in both the short-term and mid-term outlooks for the pair.
Two critical zones to watch are approximately 1.08356 and 1.08585.
Consider ECB Financial Stability Review and then enter regarding your personal setup.
EURUSD - BEARISH SCENARIO 📉
As We Talked in The Previous Analysis:
The Price Has Pulled Back to The Resistance Line.
Currently, The Market Created a New Higher Low.
So, Let's Expect The Bearish Scenario:
if The Price Breaks The Higher Low and Closes Below That,
We Will See a Bearish Move📉
_________
TARGET 1: 1.06670🎯
TARGET 2: 1.05755🎯
EURUSD - BEARISH SCENARIO 📉
As We Talked in The Previous Analysis:
The Price Broke The Support Level (1.07431 - 1.06950) .
On Friday 3 May, The Price Has Pulled Back to The Resistance Line.
So, Let's Expect The Bearish Scenario :
if The Price Breaks The Support Line and Closes Below That,
We Will See a Bearish Move📉
_________
TARGET 1: 1.06670🎯
TARGET 2: 1.05755🎯
EURUSD - Long Term and Short Term Top Down AnalysisHey guys!
Here is a top down analysis on the EURUSD pair. I see a great deal of bullishness currently, but i am convinced this bullishness is to take prices into the 4 hour zone sitting a few pips above the 1 hour liquidity target.
If that happens, I will expect to see prices begin to u turn bearish and head in the direction of the 4 hour and daily liquidity for a start, and eventually go all the way down to the monthly and weekly liquidity point.
On the whole, the market is sort bullish, up through the current 1 hour liquidity target and through to the 4 hour zone, from where we will expect to see the bears take over the market.
This is the most likely perspective on direction with regards to market and price movement on this pair.
Eur/Usd Ready to massive sell 155 pips!!Based on previous post i talked about how eurusd has broken. the head and shoulder neckline and price is now retresting the neckline has resistance, still the interest rate is neutral which mean dollar will gain liquidity cause of the interest rate differential so we see price respecting the 31.8% fib level which is also in confluence with the POC level of activity volume
NOTE; The only thing you have to worry about is NFP news later tomorrow and some news today. make sure you put stop loss and manage your risk. there is small probably it can do a fake out!
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