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EURUSD 1st 4H GoldenCross since February! Breakout or rejection?The EURUSD pair completed on Friday its first Golden Cross on the 4H time-frame since February 29. Technically that is a bullish pattern but we are only willing to treat it as a buy opportunity if the pair closes a 4H candle above the Lower Highs trend-line). If it does, we will most likely have a bullish break-out like March 06 towards the 0.618 Fibonacci retracement level or the top of the Channel Down. This is at least what the symmetrical Bullish Leg of the Channel Down did following the Feb 29 4H Golden Cross and topped on March 08. In that case our Target will be 1.08350 (Fib 0.618). Until that 4H candle closing, we will be selling the Lower Highs rejection, targeting 1.06550 (just above Support 1), which is what happened on March 22. Notice that the 4H RSI pattern is more similar currently to March 13. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
EURHUF Sell the bounce.The EURHUF pair gave us a strong sell signal last time we made a call on it (October 13 2023, see chart below) as it made the bearish break-out below the Triangle and breached through Support 2: The price is now approaching the 1D MA200 (orange trend-line), which has been supporting since January 17. The short-term pattern is a Channel Down, a Bearish Leg similar to October - November 2023. As a result, we are waiting for a potential bounce and sell on the next 1D MA50 (blue trend-line) contact. Our Target will be the bottom (Higher Lows trend-line) of the Triangle at 384.000. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
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
HelenP. I Euro can bounce from trend line and decline to $1.0675Hi folks today I'm prepared for you Euro analytics. A few moments ago price traded in the resistance zone, which coincided with the resistance level, and then rebounded to the trend line, but after this move, it turned around and started to decline. In a short time, EUR broke the 1.0855 level and declined a little lower, but later price rebounded up to the resistance zone, where it some time traded and then made an impulse down to the support level, finally breaking the 1.0855 resistance level. As well soon, the price broke the 1.0675 support level, which coincided with the support zone, and started to trades below this level. After this, the price later broke this level again and then rebounded up to the trend line one more time. But recently Euro rebounded from this line and started to decline. For my mind, EUR will reach this line again and then rebound down to the support level. So, that's why I set my goal at the 1.0675 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
1
Euro can exit from wedge and rise to resistance levelHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price broke the resistance level, which coincided with the seller zone, made a retest and even soon rose higher. But after this, the EUR turned around and started to decline inside the downward channel, where later the price broke the 1.0860 resistance level one more time and fell to the support line of the channel. After this, EUR rebounded from the support line and rose to the seller zone, thereby exiting from the downward channel, but soon the price turned around and made a downward impulse to the support level. Also, the price started to trades inside the wedge, where it first broke the support level, which coincided with the buyer zone, and some time traded below, after which rebounded up, breaking the 1.0670 level again. Later Euro rose to the resistance line of a wedge, and at once made a correction movement, after which a not long time ago rose back to the resistance line, where now it continues to trades near. In my opinion, the Euro can make a correction movement again and then rebound up to the resistance level, thereby exiting from the wedge. For this reason, I set my target at the 1.0860 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
EURAUD:🔴Is it Bearish...?!🔴(Details on caption) As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity. In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario. So if the price reaches the bearish order block we can enter the sell position with LTF confirmation. 💡Wait for the update! 🗓️10/05/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
1
Euro H4 | Potential bullish bounceThe Euro (EUR/USD) is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.0740 which is an overlap support. Stop loss is at 1.0690 which is a level that lies underneath a pullback support and a confluence of Fibonacci levels i.e. the 61.8% retracement and the 100% projection levels. Take profit is at 1.0793 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
EURO STOXX 50 Already at Target 1. On Way to over 11 thousand.Euro Stonks are raging higher Euro zone growth has been terrible ever since the inception of the #EU and especially with the introduction of the common currency. (common currency but uncommon debts) Why are they going up now Are they simply playing catch up Is the ECB going to engage in FED like stimulus and PPT activities? Currency devaluation or actual economic goodtimes? IDK All I know all the European Bourses have major room to the upsides #CAC #DAX #FTSE and all the minor index's are positively positioned like I have been saying for quite some time now.
TVC:SX5E
by BallaJi
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
EURUSD: 1D MA50-200 rejection. Strong sell.EURUSD is neutral on its 1D technical outlook (RSI = 51.370, MACD = -0.001, ADX = 29.673) as it got rejected on the 1D MA50-MA200 level, which stopped the bullish wave of the Channel Up from extending higher and potential breaking the pattern. The 1D RSI is on the stage where it should reverse as per March 12th. This is a strong sell signal, TP = 1.05550 (the 1.236 Fibonacci extension level). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
3
Eurjpy Potential Sell setup 400pipsSo the view of this downside move is based on USDJPY analysis which we talked about how the interest rate differential, Similar pattern behavior of USDJPY as the government sell bonds to buy back their currency yen!! so we are looking at the same theory at play This is the video I talked about USDJPY similar pattern So we could see price retrace to 61.8% fib or in between 50%-61.8% so have a eye on that yellow zone for confirmation of sell setup to downside Risk management is very good!! with decent ROI Follow for more forex analysis
Short
by ShinForex1
EUR/USD Ready to short!(5/7/2024)In our last analysis, EUR/USD FX:EURUSD Continued the mini bullish move(retracement) and right now the price is ranging. We believe the price has finished the correction phase and is ready to start a new bearish move. 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
HelenP. I Euro can break trend line and decline to $1.0660 levelHi folks today I'm prepared for you Euro analytics. Some days ago price traded inside consolidation, very close to the resistance level, which coincided with the resistance zone, after which rebounded up to the top part of the consolidation. EUR some time traded and then declined to the 1.0825 level, and soon broke it, thereby exiting from consolidation too. After this move, the price declined a little lower and then rose back to the resistance zone, but couldn't fixed and made an impulse down to the trend line, breaking the resistance level again and the 1.0660 level too. Soon, the Euro broke the support level one more time and continued to grow near the trend line, but later it made a correction to the support level, after which continued to move up. Just now, Euro trades near the resistance level, so, for my mind, the price will turn around and start to decline to the support level, breaking the trend line. That's why I set my target at the 1.0660 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
1
Euro can make small move up, turn around and start to declineHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to trades inside the downward channel, where it at once rebounded from the support line and then started to decline. In a short time price fell to the resistance level, which coincided with the seller zone, some time traded near and then broke the 1.0870 level and continued to decline. Later price fell to the support line of the channel and then made an impulse up to the resistance level, thereby exiting from the channel and some time trading near the 1.0870 level. After this, the Euro entered to seller zone, where it turned around and started to trades in a triangle. In this pattern, the price fell to the support line from the resistance line, breaking the 1.0655 support level, which coincided with the buyer zone, but in a short time later, the EUR broke this level again and continued to grow. Soon, the price reached a resistance line and broke it, exiting from the triangle pattern, and at the moment, the Euro continues to rise. I think that the price can rise a little and then the Euro will decline to support line, therefore I set my target at 1.0700 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1