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EUR/USD 4H Trading Plan: Buy Setup & Target Projection📊 EUR/USD 4H Analysis 🔵 Support Zone (1.07584 - 1.0800) 🔵 📌 Expected Reversal Area – Buyers might step in here. ⚠️ Stop-Loss Below ❌ (If price breaks lower, trade is invalid). 🟦 Resistance Zone (~1.0875 - 1.0900) 🟦 📌 First Hurdle – Price may face resistance here before moving higher. 🎯 Target Point: 1.10229 🎯 ✅ Final Take-Profit Level – If price reaches here, trade is successful! 📉 Plan: 🔻 Expect a drop into support first… 🔄 Bullish reversal from support… 🚀 Uptrend toward 1.10229! 🔴 Stop-Loss Below 1.07584 (🚫 Safety Net). 🟢 Entry Around Support Zone (✅ Buy Opportunity). 🔵 Exit at Target Point (1.10229) (💰 Profit Zone). 📝 Final Thought: If the price respects the support zone 🟢, a BUY trade is valid. If it breaks lower 🔴, it's best to step out! 🚀
by Jameshead007
Ethereum (ETH/USD) Breakout – Next Targets $2,328 & Beyond! Overview: Ethereum has been in a downtrend, forming a descending channel, but it recently found strong support at $1,764 and has now broken out of a range-bound consolidation. This could be the beginning of a bullish move towards higher resistance levels. Key Market Structure Analysis: 🔸 Previous Downtrend: ETH was trading within a bearish channel, creating lower highs and lower lows before bottoming out. 🔸 Accumulation Phase: A sideways consolidation range between $1,764 - $2,017 formed after the downtrend, signaling potential accumulation. 🔸 Breakout Confirmation: ETH has broken above the $2,017 resistance, suggesting that buyers are stepping in. Potential Trade Setup: ✅ Bullish Scenario: A successful breakout retest around $2,000 - $1,950 could provide an entry opportunity. Upside targets: 🎯 $2,328.95 – Major resistance level from previous price action. 🎯 $2,559.17 – Next key resistance if momentum continues. ⚠️ Bearish Scenario (Invalidation): A drop below $1,950 - $1,900 could push ETH back into the previous range. Losing the $1,764 support could lead to a retest of $1,600 or lower. Final Thoughts: Ethereum is showing strength after breaking out of a key consolidation range. If the breakout holds, ETH could be gearing up for a strong rally toward $2,328 - $2,559. However, a retest of the breakout zone may provide a better risk-to-reward entry. What do you think? Will ETH push toward $2,328 next? Drop your thoughts below! 🔥📈
BINANCE:ETHUSDLong
by PIPsOptimizer
EUR/USD 15-Minute Chart - Bearish Reversal Trade SetupEUR/USD 15-Minute Chart Analysis Market Overview: Current Price: 1.09154 Recent High: 1.09283 (Price rejected from this level) Volume: 2.91K (Moderate trading activity) Key Levels: Resistance: 1.09283 (Strong rejection zone) Support Levels: 1.09000 (Psychological level) 1.08877 (Major support & target area) Trade Setup: Bias: Bearish (Potential reversal after strong upward move) Entry: Below 1.09100 after confirmation Take Profit Levels: TP1: 1.09000 TP2: 1.08900 TP3: 1.08877 Trade Confirmation: A break and retest of 1.09100 as resistance will confirm bearish momentum. If price fails to break below 1.09100, bulls might regain control. Risk Management: Stop Loss: Above 1.09283 (To protect against a breakout) Risk-to-Reward: Favorable, as price is showing early signs of reversal. Conclusion: Bearish rejection at 1.09283 suggests a possible short trade opportunity. Wait for price action confirmation below 1.09100 before entering. Watch volume and momentum for further confirmation of direction.
Long
by KingProTrader
Latest analysis of EUR/USDAfter a period of consolidation, EUR/USD is still hovering around the key resistance level of 1.0500, which is crucial for the trend of the euro. From a technical perspective, the current exchange rate trend remains above the 50-day moving average, which is around 1.04, providing support for bulls. The 50-day moving average is usually regarded as a guide for the medium-term trend. The price can remain above it, indicating that the current market is still bullish. In addition, the 14-day relative strength index (RSI) is currently approaching 60.00. If the RSI further breaks through this level and remains above this area, it may provide stronger upward momentum for EUR/USD. The breakthrough of RSI usually means a change in market sentiment. Breaking through 60.00 means that the bullish force may further increase, pushing the exchange rate upward. In terms of support, the low of 1.0285 on February 10 will be a key support area for EUR/USD. If the price falls below this support level, it may trigger a further correction. It should be noted that the current upward momentum is still relatively limited. If the price continues to consolidate around 1.0500, a sideways pattern may form in the short term. On the other hand, the resistance level of 1.0630 is also very important. This price range is the high point of December 6 last year. If the price breaks through this resistance level, it may mean a larger upside, especially in the upward trend after breaking through the 50-day moving average. On the whole, the current technical side of EUR/USD shows some upside potential, but it still needs more upside momentum to break through the psychological level of 1.0500. If the RSI continues to rise and remains above 60, the possibility of breaking through the key resistance level will increase. On the contrary, if the price falls back below 1.0285, it may re-test the lower support level.
by niwmniwm
EURUSD Buy📉 EURUSD Signal | 1H Timeframe Analysis 📆 Date: February 7, 2025 🔍 Strategy: Breakout and Risk Management ✅ Suggested Position: Buy after pullback confirmation 🎯 Targets: First Target: 1.04016 Second Target: 1.04429 Third Target: 1.04938 🛑 Stop Loss: 1.03083 🔄 Entry Level: Confirmed breakout at 1.03372 ⚠ Key Points: Enter if a pullback to 1.03372 is confirmed. Set stop loss at 1.03083. Apply proper risk management. 📊 Technical Analysis: The previous downtrend has been corrected, and we are in a demand zone. If the key level breaks, an upward move is expected. #Forex #TechnicalAnalysis #EURUSD
Long
by EhsanZeydabadi
2
EUR/USD Trading AnalysisEuro: Market Focus on Europe The euro remains under pressure against the dollar as the announcement of steel tariffs over the weekend dealt an initial blow to the European Union. Europe is bracing for possible new tariffs on industries such as autos. As the EU's tariff levels are relatively low, the overall impact of "reciprocal" tariffs may be limited. But more worrying is that the U.S. Commerce Department plans to release a report on the causes of the U.S. trade deficit in April, which is expected to pave the way for broader tariff measures. Regardless of today's tariff news, the current interest rate differential still supports EUR/USD hovering around 1.03, while weakening the momentum of a rebound. As discussed by our interest rate strategy team, the eurozone's interest rate differential with the United States is likely to remain high, if not widen, in the coming months. In addition, rising natural gas prices may also continue to put pressure on the euro. Before the new tariffs are introduced, the euro may fall further to the 1.0250-1.0260 range, or even lower.
by niwmniwm
EUR/USD Price Surge: Analysis and Future Outlook The EUR/USD price has surged significantly over the past 10 days. Let's explore the reasons behind this movement and the potential trends we might face in the coming days. Fundamental Analysis: The EUR/USD exchange rate has seen a significant increase over the past 10 days. This upward trend is primarily supported by a weakening U.S. dollar, driven by several economic factors. Recent inflation data shows that U.S. inflation is slowing down, with the annual inflation rate for June 2024 at 3.0%, a decrease from previous months. This has strengthened expectations of a less restrictive monetary policy from the Federal Reserve, with investors anticipating rate cuts in September and possibly in November or December. On the other hand, the euro has been bolstered by the European Central Bank's (ECB) aggressive stance on raising interest rates, improving energy prospects in Europe, and relative weakness in the dollar. Technical Analysis: The EUR/USD chart indicates a potential structural change. Recently, as the price dropped to the lower part of the channel, it found support around the 1.07 level, hitting an upward trendline without making a lower low from the previous wave at 1.06. From that level, the price rose, testing the upper part of the channel and closing the daily and weekly candles at the previous high around 1.09. This is a crucial level; if it breaks with a daily candle, it would confirm the structural change, leading to a potential further rise. Conversely, a rejection at this level could result in a decline. Volume Analysis: In recent sessions, the Point of Control (POC) has consistently been at the beginning of the session, indicating significant volume gaps in the daily candles. The overall POC for the channel is at the 1.08 level, which could act as a support if the price declines. If the price continues to rise, there are many upper areas left to fill from the highs of the previous year. Sentiment Analysis: Current retail sentiment shows a 91% short position against 9% long, with short volumes at a four-year high. However, institutional positions as of the 2024-07-09 COT report indicate 393,029 long contracts against 160,108 short. Dealers, on the other hand, are 275,000 short against 9,478 long. This discrepancy suggests that institutional players are aligned with the market, discouraging short positions. Personal Analysis: In my opinion, the euro's recent rise seems exaggerated given the negative IPC, a rate cut by the ECB, a favorable PPI for the dollar, and Powell's statements indicating it is not yet time to cut rates. I expect a retracement from this level or slightly higher to fill some of the gaps left during the rise, after which the market will decide on the next direction. Powell's speech on Monday will be crucial. However, I wouldn't be surprised by a continued rise, as summer markets can be very unpredictable. If you don't have any open positions, it's wise to wait for the market to establish a clear direction before entering. I hope this analysis has been helpful. If you found it useful, please leave a boost to show your appreciation for the work done.
by jamesbond70
EURUSD - in strong downtrendEURUSD - May 31, 2024 Today EURUSD stays in a downtrend, yesterday`s restoration turned into short-lived and the pair remains on course to attain 1.0800 once more withinside the early buying and selling hours of the month. weekend session. Accordingly, the outlook remains favorable for dealers while EURUSD remains beneath many vital resistance stages and regularly lowering in step with the energetic Trendine line. In addition, with the growing probability that the ECB will lessen hobby fees earlier than the Fed, the opportunity of the EUR/USD trade price persevering with to weaken wishes to be taken into consideration withinside the medium term.
Short
by TheLeader_WOLF
EURUSD price is moving sidewaysEURUSD: The EUR nowadays did now no longer decline however as a substitute is shifting up close to the 1.0740 resistance region. This is because of the weakening of the USD. Currently, due to the fact DXY is damaged and is possibly to maintain to weaken, nowadays`s model ace can pay interest to NONFARM. It is anticipated that EURUSD will possibly retest across the 1.0683 region and rebound. Consider in short promoting across the cutting-edge fee region and shopping for again across the 1.0680 guide region
Short
by TheLeader_WOLF
Decoding the Euro: Insights from a Financial AnalystIn the dynamic landscape of global finance, the Euro stands as a cornerstone of economic integration and stability. As a seasoned financial analyst, I am compelled to unravel the intricate dynamics surrounding this resilient currency, exploring its significance and implications within the ever-evolving world of finance. The Euro, introduced in 1999, has since become a symbol of unity and strength for the European Union. Its adoption by 19 member countries underscores a collective commitment to fostering economic cooperation and prosperity across diverse nations. At the heart of the Euro's resilience lies its role as a reserve currency and a benchmark for international trade and investment. Its widespread use in financial transactions underscores confidence in its stability and liquidity, solidifying its position as a key player in the global monetary system. Moreover, the Euro's performance against major currencies serves as a barometer for market sentiment and economic health within the Eurozone. Fluctuations in its value reflect a myriad of factors, including economic indicators, political developments, and central bank policies, providing valuable insights for investors and policymakers alike. Despite challenges such as sovereign debt crises and regional disparities, the Euro has demonstrated remarkable resilience, evolving into a symbol of economic strength and stability. Its role in facilitating cross-border trade and investment has propelled the Eurozone onto the global stage, fostering growth and prosperity across diverse economies. As I navigate the complexities of the global financial landscape, I am continually intrigued by the Euro's enduring relevance and resilience. Its significance extends far beyond monetary value, embodying a vision of unity and prosperity for the European Union and beyond. In conclusion, the Euro remains a linchpin of economic integration and stability, embodying the collective aspirations of a diverse union of nations. As a financial analyst, I remain steadfast in my commitment to unraveling the complexities surrounding this resilient currency, recognizing its pivotal role in shaping the future of global finance.
by LiLy_Happy
2
EUR/USD Analysis Indicates Bearish Pressure Amidst Quiet Market The analysis on EUR/USD reveals strong bearish pressure, pushing the cross to its lowest level since mid-February, dipping below the 1.0751 mark. The daily chart shows EUR/USD confined within a 20-pip range below the 1.0804 level, corresponding to the 61.8% Fibonacci retracement of the previous rally from 1.0695 to 1.0982. On the 4-hour chart, the 20-period SMA is moving downwards above the current level and below longer moving averages, further confirming the bearish trend. The current session lacks significant events, with EUR/USD oscillating around the 1.0780 level due to Easter holidays, resulting in calm Asian and European markets. In Asia, the Japanese Nikkei 225 declined due to a negative business sentiment report, while Chinese stocks rose following better-than-expected economic data. Overall, I anticipate a bounce to the 1.088 level, where trendline crosses may occur, leading to a decline towards the 1.07 zone. Best wishes and happy trading to all.
by MIA_MASTER
Euro (EUR) Price Surge: Factors Driving the IncreaseBollinger Bands Reverting to Test the Center Range.RSI and MACD Analysis: Utilizing Technical Indicators for Buy and Sell Signals in Gold Trading" "When RSI touches the overbought zone and signals a sell, MACD quickly follows suit with a downward crossover, also indicating a sell. Subsequently, the price experiences a sharp decline. Next, RSI moves down to the oversold zone and signals a buy, followed by MACD crossing upwards, signaling a buy. The price then rebounds, confirming the signals. It's noteworthy that RSI provides signals before MACD. This is simply due to the differences in the formulas of the technical indicators, resulting in some indicators providing signals slightly earlier than others. Of course, there are many other indicators that haven't been covered in this lesson, and you can explore them further. Every trader strives to find the best combination of technical indicators to provide the most accurate trading signals, but the reality is that it's challenging. You should thoroughly study each indicator's strengths and weaknesses to effectively combine them according to your trading style.
by MIA_MASTER