EUR/USD Analysis: Key Zones and Entry Points
Traders,
Let's analyze EUR/USD across various time frames:
Weekly Chart: We identify three distinct zones, with the nearest around 1.09.
Daily Chart: The closest upper chart rests at 1.08838, while the nearest lower one is at 1.07994.
1-Hour Chart: Our initial entry aligns with the daily pivot and a crucial Murray level.
Additionally, we anticipate:
A potential break of the bearish trend line, signaling further bullish momentum towards the next level.
Keep a close watch on the ECB rate decision on Thursday, March 7th, as it could significantly impact market sentiment.
Our suggested entry zones for long positions are clearly marked on the chart, approximately around 1.0830 and 1.0800.
Remain vigilant and trade wisely.
Best regards,
Euro
Euro H1 | Heading into resistanceThe Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target.
Entry: 1.08580
Why we like it:
There is a pullback resistance level
Stop Loss: 1.08884
Why we like it:
There is a pullback resistance level
Take Profit: 1.07988
Why we like it:
There is a pullback support that sits above the 50.0% Fibonacci retracement level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
EURUSDEURUSD Is potentially setting up an ABCD move, PCE data came in and met expectations, with this being a major factor as to when the rate cuts begin, as the FED stated they needed more confidence, perhaps this is the start of a bullish move in the USD crosses, On Friday we saw massive momentum in the Indices and XAU, Maybe we see that move develop more next week.
EURUSDT - change trend. Large Wyckoff reversal model.Large Wyckoff reversal model.
- Price is trying to break the trend line
- Price is forming a triangle
- The price made a false break of the lower boundary of the sidewall
- 12-month timeframe shows fractal reversal with three bars
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
EUR-JPY Long From Support! Buy!
Hello,Traders!
EUR-JPY is trading in an
Uptrend and the pair made
A bearish correction and will
Soon hit a horizontal support
Of 161.588 from where we
Will be expecting a bullish rebound
Because we are bullish biased on the pair
Buy!
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Check out other forecasts below too!
HelenP. I Euro will fall to trend line and rebound up to $1.0895Hi folks today I'm prepared for you Euro analytics. Some days ago price started to decline in a downward channel, where it first rebounded from the resistance line and fell to the resistance level, which coincided with the resistance zone. After this, the price bounced and tried to rise, but failed and after some time traded near the resistance zone and declined lower than the 1.0895 level, thereby breaking it. Next, the EUR some time traded near this level and later rebounded down from it to the support level, which coincided with the support zone and support line of the channel. Then price bounced and tried to rise, but failed again and declined to the trend line, which is located in the support zone, and soon rebounded up, making a fake breakout of the 1.0725 level. Some time later Euro exited from the downward channel and continued to move up near the trend line, but a not long time ago it fell to this line, where at the moment EUR continues to trades near. For my mind, the Euro will decline to the trend line again and then rebound up to the 1.0895 resistance level, which is my target. If you like my analytics you may support me with your like/comment ❤️
Euro H1 | Potential Bullish breakoutThe Euro (EUR/USD) could fall towards a potential breakout level and fall lower towards our take-profit target.
Entry: 1.08278
Why we like it:
There is a potential breakout level (price is exhibiting a potential descending triangle pattern which is typically bearish)
Stop Loss: 1.08459
Why we like it:
There is a pullback resistance level
Take Profit: 1.07971
Why we like it:
There is a multi-swing-low support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Euro H4 | Falling to 50% Fibonacci supportThe Euro (EUR/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.07969 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level.
Stop loss is at 1.07220 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level.
Take profit is at 1.08902 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. 66% 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.
EURAUD H4 | Heading into swing-high resistanceEUR/AUD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.66313 which is a swing-high resistance.
Stop loss is at 1.66900 which is a level that sits above the swing-high resistance.
Take profit is at 1.65224 which is a pullback support.
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. 66% 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.
EURUSD - 2 SCENARIOS 📉📈Hello Traders !
On Thursday 22 Feb, The EURUSD Reached a Strong Resistance Level.
Currently, We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Level !
We Will See a Bullish Move...
TARGET: 1.09720🎯
Bearish Scenario📉
If The Market Breaks The Higher Low (1.08028 - 1.08164) and Closes Below That
We Will See a Bearish Move...
TARGET: 1.07670🎯
EURCHF,🔴Sell opportunity🔴(Details on caption)Well, as you can see the price grabbed the liquidity above the previous day's high and shifted the market structure.
We can enter the sell position only with the LTF confirmation in the supply zone.
If you have questions, feel free to ask.
💡Wait for the update!
🗓️28/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Euro can continue to decline to 1.0725 support levelHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago started to trades in a triangle, where it first rebounded from the 1.0725 support level, which coincided with the buyer zone and made a strong upward impulse to the resistance line, thereby breaking the 1.0920 resistance level. After this, the Euro turned around and fell to the seller zone, where it rebounded at once, and then tried to rise, but failed and declined lower than the 1.0920 level, breaking it one more time. Next, the price continued to fall, but one time it bounced up to the resistance line of the triangle, after which the price soon rebounded and declined to the support level. Then Euro tried again to rise but fell to the buyer zone, which soon it rebounded up to the resistance line of the triangle, making a fake breakout of the 1.0725 level. In a short time later, the price broke the resistance line, thereby exiting from the triangle pattern and then continuing to move up. But a not long time ago EUR turned around and started to decline. So, in my opinion, the Euro can grow to 1.0860 points, after which it will continue to fall to the 1.0725 support level, which is my TP. Please share this idea with your friends and click Boost 🚀
EURUSD: Looking to resume downtrendThis current bullish move looks to be running its course, resembling a bull flag.
Will be waiting for a confirmation on LTF's to get in short, hopefully before the big news on Friday, which I expect to confirm interest rates staying as they are for longer, and a hawkish fed.
EURNZD: PA & expect fundamentals to continue short biasBig news from the RBNZ shortly, it is possible we'll get a hike, but either way I'm expecting NZD strength as a result.
I'm seeing weaker Euro, and the pinbar shooting star today on the daily candle means price action is also in favour of a continued short trade here.
EURAUD: Expecting a lower breakout of this flagExpecting a drop from this pair, so looking out for a confirmation on LTF's.
There's a squeeze with big rejections from the descending trendline and this pair is coiling in a very small range.
Expecting the breakout below, with Aussie inflation data on Wednesday - AUD inflation has been more stubborn than most so any inflation increase and I will expect Aussie strength, as the BoA is likely to act hawkishly.
EURJPY H4 | Approaching pullback supportEUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 162.649 which is a pullback support.
Stop loss is at 162.200 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level.
Take profit is at 163.720 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. 66% 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.
EURO - Price can break resistance line and then start to declineHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price bounced from support line, which coincided with support level to $1.0965 level.
Soon, price broke this level and rose to $1.1130 points, after which Euro fell lower $1.0965 level, breaking it.
Then price continued to decline in falling channel, where it fell lower $1.0785 level, but later it started to grow.
Price exited from channel and continued to rise near support line, and in a short time later price rose to resistance line, breaking $1.0785 level.
Now EUR trades close to support and resistance lines and I think that price can break resistance line and rise a little.
After this, price will turn around and decline lower support level to $1.0750 points.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
NZDCAD: Local Bearish Reversal?! 🇳🇿🇨🇦
I see a nice bearish reaction to a key daily horizontal resistance on NZDCAD.
After a test of the underlined blue area, the price started to consolidate and formed
a horizontal range on a 4H time frame.
Its support was violated and for us, it is an import sign of strength of the sellers.
We can expect a bearish continuation now at least to 0.83
❤️Please, support my work with like, thank you!❤️