EURUSD ShortHey traders, in today's trading session we are monitoring EURUSD for a short term selling opportunity around 1.135 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURO-USD
EUR/USD LONG TRADE SETUP by baris3Target: 1.45
Stop loss: 1.12200
RR: 1.5
My experience from price action of this pair tells me this can go to maximum 1.12500. Which is 0.786 fib level. It already stopped at 0.618. Then it will bounce from here upwards strongly. There were positive news about EUR today which means banks did it intentionally to trap more traders before taking long positions.
EUR/USD - Bearish ↓Eur/Usd
Expecting more downside on EU.
Weekly Time frame -
Structure is bearish making LL & LH
Rejected the descending trend line & 61.8% Fibonacci
Looks like the end of wave 4
Daily time frame -
Price action is in a correction after an impulse to the downside
ABC correction of wave 4
Price did break out of the descending trend line temporarily but closed back inside creating the rejection on the weekly.
Keeping in mind that we do have the 78.6% Fibonacci above current price which aligns with previous structure. I will be monitoring price action and looking for sell entries on the H4 & H1 to complete wave 5 of this impulsive wave. Targeting the -27% Fibonacci.
This correlates with the DXY chart i posted last week expecting USD strength
EURUSD shortHey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.137 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD ShortHey traders, in the coming week we are monitoring eurusd for a selling opportunity around 1.14 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD ShortHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around around 1.128 zone. We have 1.123 as a first station for scalping lovers, and 1.09 zone for swing traders. one of the reasons i'm thinking about this trade is the bullish momentum i've noticed on DXY chart. and fed Powell being Hawkish in order to control inflation is an important factor to take in consideration for USD bulls.
if you decided to go swing on this trade please wait for the perfect entry, and also use proper risk management, because swing movements are violent comparing to the movements in the short term. If you have any questions or looking for any update please don't hesitate to comment your opinion below.
Joe.
SHORT EUR/USD (Daily Timeframe)Just an idea and trade at your own risk.
EURUSD is still bearish on all timeframes and forming a double top pattern and bearish flag pattern on the daily timeframe.
EURUSD Upside PotentialLooking at this pair on the weekly TF we can see the purple zone i have marked is a weekly demand zone hence why the price is slowing down within it. Now we can also see the shift in structure that has happened shown by the downtrend that has shifted. The price has started to create sets of higher lows and where we are currently trading in is a 4h OB which can push to the upside once we come closer to the london session and the open.
EURUSD shortHey Traders, today we are monitoring EURUSD for a selling opportunity around 1,12750 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD 400pip LONG!Hello Traders,
Here we have a EURUSD long trade idea. If you like this idea please show your support!
This trade idea is based off the fact of the USD reaching a weekly high and we can see some resistance beginning to occur making EURUSD pair stronger. Also the EUR is at a weekly low since the beginning of July 2020 so we are expecting some strength which already seems to be happening now which we can see across other EUR pairs.
EUR Weakness in EURAUD below
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Tidying Up...Flows into USD continue with yields unlocking potential for flattening. The latest breakdown in euro is calling for a reassessment across all charts, did not expect the pullback to come this far, so we will go through the process over the coming sessions. An interesting environment, we are in the middle of summer with thin liquidity and technical discipline needed.
↳ Eyeballing 1.162x for strong support, Nov-20 lows should be enough to lean on.
↳ Looking at the macro charts below, the price action is supportive and we should see 1.161/1.162 comfortable hold a breach below the 1.15 barrier will imply the LT base is not yet complete and unlock a test of parity (not expected).
↳ Inflation can provide the momentum above 1.185x (30th July highs) and indicate we are already on track for the 1.21 and 1.25 initial targets in this next wave.
GER30 LONGHey traders, today we are monitoring GER30 for a buying opportunity around 15682 zone, once we will receive any buying confirmation we will execute the trade.
remember to use proper risk management especially with the INDICES since their movements are more big and violent comparing to forex pairs.
Trade Safe, Joe.
Buying opportunity with EURUSDH1 time frame.
Structure: Uptrend.
The price after retesting the support level of 1.16200 has moved to surpass the Key level of the retracement trend on the smaller time frame at 1.16500.
At the 1-hour frame, wait for one more confirmation when the price retests the level of 1.16500 again, you can find buying opportunities.
Profit target is the zone 1.17700.
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Wish you all have a good trading day!
EUR/USDAlthough we've been on a bearish trend since March, there has been a few moments where price has tested its previous "lower" high. As you can see by my triangles, price seems as if it is ready to retrace the previous high. On the 2 hour timeframe, I saw a strong bullish candle cross the 200 day ema with the current candle opening above the previous one. Last time there was a retracement was more than likely back in August on the 4 hour time frame where price retraced about 38% of its previous high (May 2021). Let's see if price can retrace our previous high up to at least 38% or more before the bearish trends continues. You would think the usd is stronger but it seems like since 2008's crash, the dollar has progressively been getting weaker. With our current economic situation having slow growth, I plan on riding this retracement up until the chart tells me different.
Guess i'm the head and shoulder guyi like head and shoulders, i find them the easiest pattern to trade, spotted this one on EU
Concept Catalog:🖼️:EURUSD Multi Spectrum🎨 T/A ☄️In Alignment with a Chart based
Bullish on 'Quality Risk' stance for foreseeable:
A multi perspective case:
The Rising Euro to USD from time
of this posting, to upside target:
~1.40 🐂🏄♀️🧙🏻♀️
Please See Detailed Charts Below -
FX_IDC:EURUSD
FX:EURUSD
OANDA:EURUSD
FOREXCOM:EURUSD
CAPITALCOM:EURUSD
SAXO:EURUSD
GLOBALPRIME:EURUSD
KRAKEN:EURUSD
CURRENCYCOM:EURUSD
EASYMARKETS:EURUSD
WHSELFINVEST:EURUSD
AMEX:FXE
EUR/USD ready for the next push lower?EUR/USD has broken rising counter-trend support, hinting that the next leg of the near-term downtrend may be afoot. Resistance-turned-support marked by swing tops from June and March 2020 is anchored at 1.1423. Neutralizing the near-term bearish setup probably demands a break and close above 1.1577. That might open the door for a test of subsequent resistance capped at 1.1630.
EU Buy PositionI see a 4HR Order Block above price at the 1.18204 level and I believe the recent bullish momentum and bounce from 1.16841 has created a switch in the trend and price will begin moving back up towards the Order block to reclaim the sellers liquidity and mitigate the OB and previous highs. We have formed a new higher low on the 4Hr timeframe at 1.17007.
I will be monitoring this at the market open to see how price jumps / reacts.
EUR/USD:TECHNICAL ANALYSIS - BAT PATTERN - PRICE IS GROWING 🔔Welcome back Traders, Investors, and Community!
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