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EURO-USD

EURUSD bias for longs...Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Let's see , long for eurusd for me :) At the same time i am also bias to short USDCHF USDMEX (Mexican Peso) Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Long
by Shadowing_The_Big_Boys
EURO - Price can fall to support line of channel and bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to downward wedge, where it broke $1.0850 level and fell to support line. After this movement, EUR turned around and made upward impulse to resistance area, exiting from wedge pattern. But soon, price exited from resistance area, breaking $1.0850 level again, and declined lower than $1.0670 level, breaking it too. Euro some time traded near this level in support area and later broke it again, after which continued to move up in channel. Inside rising channel, price rose to resistance line, but a few moments ago bounced and started to fall. Possibly, Euro can fall to almost support line and then bounce up to $1.0830 resistance line of channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
Euro can rebound from resistance level and continue to fallHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price started to trades in a wedge, where it at once started to rise from the support line to the resistance line. After the price reached this line, at once turned around and made a strong impulse down to the 1.0710 resistance level, which coincided with the seller zone. Soon, the price broke this level and exited from the wedge too, after which the Euro started to trades inside from range. In the range, the price first made a fake breakout of 1.0625 support level, which coincided with the buyer zone, after which it tried to rise, but later EUR declined to the buyer zone back. After this movement, the price turned around and in a short time rose to a resistance level, but recently it rolled down and now trades close. So, at the moment, I think that the Euro can reach the resistance level again and then rebound down to the support level. For this reason, I set my target at the 1.0625 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
eurusd → an updatehello guys... as I published before: I am in the short position from QMl(2) and the price was respected in my area perfectly:)) now I think the pair wanna touch the midline of the descending channel and start another downward movement but the support area is so strong so we can expect a compression here! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
11
EUR/USD Analysis before NFP(4/5/2024)In our last analysis, we had anticipated the EUR/USD FX:EURUSD price to have a minor correction but the correction has exceeded our expectations and the price moved to higher levels. We have some resistance in the 1.09 zone, so we are expecting the price to reach there. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Short
by fortunamarkets
EURO - Price can bounce up from resistance area to $1.0850Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to trades in big flat, where it at once bounced from $1.0795 level and tried to rise. Euro failed and fell back to $1.0795 level, but soon it made upward impulse to resistance zone, breaking resistance level. Price repeated breakout of $1.0940 level two times and then fell to $1.0835 points, after which bounced up. Then price continued to decline in wedge, where EUR declined to $1.0795 level and broke it, thereby exiting from flat. But recently price bounced up from support line and rose to resistance area, exiting from wedge. Now, I think Euro can try to break resistance level, and if it does this, that EUR can rise to $1.0850 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
Euro can bounce from support line and start to move upHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago broke the resistance level, which coincided with the seller zone, and some time traded below. But later, EUR rose back to the seller zone, after which it turned around and started to fall in a downward channel, where in a short time Euro declined to the 1.0780 support level, which coincided with the support area. Soon, the price broke this level and fell to the support line of the channel, and even made a fake breakout of this line, but at once turned around and rose back. Also soon, the price tried to break the 1.0780 level, but failed and declined more to support line one more time. Then Euro turned around and started to rise near the support line, thereby exiting from the downward channel. In a short time price broke the 1.0780 level and rose higher, after which there was little correction, and then the Euro continued to move up to the 1.0965 resistance level. When the price reached this level, it at once rebounded down to the support line, where at the moment EUR continues to trades near. So, I think the Euro can rebound up from the support line to the resistance level, for this case, my target is located at the 1.0965 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
HelenP. I Euro can fall to support zone and then start move upHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some days ago reached support 1, which coincided with the support zone and then at once made impulse down to support 2. After this, the price fell to the support zone, which coincided with support 1 and tried to rise, but later EUR turned around and declined more to the trend line, breaking support 2. Then price rebounded from the trend line and in a short time reached support 1, breaking it again and then making retest. After this movement, the Euro continued to move up and some time ago almost reached support 1, but then it declined back to the trend line. Price some time traded near this line and later made impulse up to support 1. Also, the price traded in a triangle pattern, but after impulse up to support 1, it exited from this formation and soon broke support 1. Then EUR entered to support zone, but soon price made a correction, after which the EUR made impulse up again. So now, I expect that the Euro will fall to the support zone and then rebound up. That's why I set my target at the 1.0985 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
EURUSD --> bearish trendhello guys... as I published before: from my point of view, this pair is bearish! why?! you can see the ascending channel broke! the price formed a QM pattern twice! the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too! you can enter half of the position now and another half on the QML(2)! The first target is the bottom line of breaking the channel! ______________________ 🔴 always do your research. ✎ ✎ If you have any questions, you can write them in the comments below, and I will answer them. 🫂 ❤️And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
3
EURUSD: Consolidation & Your Trading Plan 🇪🇺🇺🇸 EURUSD is currently trading within a narrow horizontal range on a daily and stuck between 2 daily horizontal structures. If the price breaks and closes above 1.0817 resistance, we will expect a bullish continuation at least to 1.087. If the price breaks and closes below 1.0723 support, a bearish movement will be anticipated to 1.067 The US inflation data will most likely be the catalyst. Patiently wait for a breakout and the follow the market. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
Euro can make small movement up and then start to declineHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a few days ago made an upward impulse from the resistance level, which coincided with the seller zone to the resistance line of the pennant. After this, the price rebounded from the resistance line and started to decline inside the pennant, where in a short time it fell to the support line, thereby breaking the 1.0925 resistance level. Then, the price tried to back up and rose to the resistance line, but the EUR didn't fixed and soon bounced down to the buyer zone, thereby breaking finally resistance level. After this movement, the price started to trades inside the range, where in a short time price rose to the resistance level, and later turned around and declined lower support level, but recently it backed up to the range, making a fake breakout. At the moment, I think that the Euro can make a small movement up and then start to decline to the support level, which coincides with the bottom part of the range. So, that's why I set my target at the 1.0810 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
Xau/Usd Hello traders! My opinion is that the price has reached a resistance level (1980.00). Think that the pair should now make a decrease to the level (1903.00) bringing a retest of the support (1903.00). Key Level (1903.00)! A break of (1903.00) will bring a possible movement to the level (1820.00), but be careful if the bulls manage to keep the bullish movement, then the price can go to the level (2050.00). Be careful with the positions! War is unpredictable! Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
FX:XAUUSD
by THP-Forex-Academy
EUR/USD Weekly Outlook: Optimism vs. the Resilient US DollarEUR/USD Weekly Outlook: Optimism vs. the Resilient US Dollar Inflation in both the United States and the Euro Zone didn't ignite as expected, bringing a sigh of relief to financial markets. Yet, the US Dollar remains resilient. In the upcoming week, attention turns to key economic data, including the US ADP survey and Nonfarm Payrolls report. The EUR/USD pair experienced a significant drop to 1.0487 during the week, marking its lowest level since early March. Investors continued to flock to the US Dollar as a safe haven. This risk-averse sentiment stemmed from central banks' recent monetary policy decisions, where most policymakers, despite holding their fire, reiterated the persistently high inflation risks and the need for prolonged higher interest rates to keep inflation in check. The first half of the week saw the absence of significant news, which favored the US Dollar's strength. However, the currency faced pressure due to extreme overbought conditions and better-than-expected inflation-related data. Cooling Inflation Trends Germany released preliminary estimates of the September Harmonized Index of Consumer Prices (HICP) on Thursday, showing a 4.3% year-on-year increase. While this was slightly below the 4.5% expected by the market, it marked a significant improvement from the 6.4% recorded in August. Similarly, the Euro Zone HICP for the same period also came in lower than expected, with the European Central Bank's preferred gauge of inflation rising by 4.3% YoY in September, down from 5.2% in August. The core annual HICP rate printed at 4.5%, lower than the expected 4.8% and below the previous 5.2%. On the other side of the Atlantic, the US released the August Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred inflation measure. It showed an annual core PCE price index increase of 3.9%, a decrease from the 4.3% rate seen in July, with a modest 0.1% monthly increase. Concerns about overheating price pressures had raised speculation about more aggressive central bank actions in the near future, heightening the risk of a significant economic downturn. Softer Inflation Eases Concerns However, the softer-than-expected inflation data points in the opposite direction. Central banks may maintain their recent wait-and-see stance, keeping another rate hike in reserve but hoping not to implement it. Looking ahead to next week, the macroeconomic calendar offers several important figures. These include the September US ISM Manufacturing PMI, S&P Global's release of Manufacturing PMIs for both the EU and the US, and later in the week, Services and Composite PMIs for both economies. Additionally, the EU will publish August Retail Sales and the Producer Price Index (PPI) for the same month. In the US, the focus will shift to employment, with the release of the September ADP survey on private job creation ahead of the Nonfarm Payrolls (NFP) report for the same month. The NFP is expected to show the addition of 150,000 new positions in September, with the Unemployment rate projected to ease to 3.7% from 3.8% in August. - From a technical standpoint, the price appears to be in a retracement phase, with the 50% Fibonacci area and the 61.8% level potentially serving as a pullback range. This range may lead to a reversal of the pullback and a continuation of the downtrend. Our preference Below 1.06850 look for further downside with 1.05500 & 1.0500 as targets
Short
by FOREXN1
9
EURUSD: Bearish Bat with MACD Bearish DivergenceWe have an Intraday Bearish Bat on the Euro with Bearish PPO Confirmation and MACD Bearish Divergence. Earlier today, the Euro Doubled Bottomed at $1.05 and has since been on the rise, but so far it has only managed to come back up towards the moving averages and move up to complete a Bearish Bat. Now it is showing multiple signs of coming back down, and if it does, I don't think $1.05 will hold but that it will instead break and make its way towards $1.035. I think we will continue this trend until the Euro Is Back Below A Dollar.
Short
by RizeSenpai