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Euruadanalysis

EUR/USD Weekly Bias technical analysis appears well-reasoned. EUR/USD Weekly Bias Analysis Technical analysis appears well-reasoned: 1. Short-term bearish bias: You anticipate a decline towards the previous week's low, indicating a potential short-term downtrend. 2. Bullish reversal zone: You've identified a critical area, marked by the weekly Fibonacci Volume Zone (FVG), where a potential bullish reversal could occur. 3. Upside target: Your analysis suggests a move towards the weekly high, offering a clear profit target. # Key Confirmation Factors: To validate your bias and adjust your strategy, consider the following: - Candlestick patterns: Monitor for bullish reversal patterns, such as hammer or engulfing candles, to confirm a potential trend change. - Momentum indicators: Keep an eye on the Relative Strength Index (RSI) and other momentum indicators to gauge the strength of the potential reversal. - Volume analysis: Analyze trading volumes to ensure they support your bias, with increasing volumes on up days and decreasing volumes on down days. By carefully monitoring these factors, you'll be well-positioned to adjust your strategy and capitalize on potential trading opportunities in the EUR/USD market.
by Peter_Wade
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
EURAUD double top "neckline" at 1.6500The EURAUD currency pair price action sentiment appears neutral, supported by the longer-term sideways consolidation. However, the recent oversold bounce-back retest of the major resistance at 1.6500 could trigger a bearish reversal. The key trading level is at 1.6500, which is the current swing high. A bearish rejection from the 1.6500 level could target the downside support at 1.6400 followed by 1.6350 and 1.6220 levels over the longer timeframe. Alternatively, a confirmed breakout above 1.6650 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 1.6740 resistance followed by 1.6810 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
EUR/USD Outlook to recover the imbalance My EU outlook for this week is similar to GU as the dollar index gapped to the upside which made pairs like GU and EU to drop down heavy. once price did so it did breach a lot of my previous demands so we have to now adapt and re adjust our analysis and forecast. So i have this demand zone that as you can see is getting reacted off of which what i drew out a. while ago which is the 8hr demand zone. I feel like this zone will hold as there is of validity. If price reacts well and manages to cover that gap i will then look to short inside the 1hr supply zone but after finding of course LTF confirmation. COnfluences for EU Buys are as follows: - The price gap has left a significant imbalance that needs to be filled. - Price is currently in a 8-hour demand zone that previously caused a Break of Structure (BOS), making it a valid POI. - There is a large pool of liquidity to the upside that needs to be taken. - The setup aligns well with the DXY correlation. - For price to carry on going down it must form a correction to the upside regardless. P.S. If price decides to go lower then we might be in a bearish trend temporarily and will have to look for a new near by supply to capitilise on a shift of trend to the downside. Thats if this 8hr demand doesn't hold.
Long
by Hassan_fx
Short term EU buySo, this is my strategy moving into 2025. I'm a break even trader starting my 5th year in the hot seat. I'll be trading a 50k demo right here on tradingview. 1% risk per trade, minimum r:r = 1:1. I'm only entering trades on EU at this stage, however DXY and GU are always on my screen. Timeframes: Weekly, Daily and H4, primarily focused on the daily, hence it is now necessary for me to take part in an end of day analysis. My plan remains the same as Day 1: Get profitable. Blue = EUR/USD Green = DXY Red = GBP/USD The dollar is inverted simply because it looks better based on how I'm analysing. So, the weekly has made a significant close lower across the board and the range of this candle is highlighted in gold. After Monday's trading, the Euro has closed above its recent daily parent candle, signally potential further movement towards the upside. This can be confirmed when looking at the DXY which is harbouring relative equal highs at the weekly gap, a considerable draw on liquidity. At this moment in time I can only wait and see how the market interacts with these htf areas of interest I have labelled. I need to see some kind of event occur at a high, low or 50%. I would imagine there will be further buys throughout the daily sessions, drawing up to the 1.05 zone. I'm open to feedback and chill conversation.
Long
by PointOneFx
2
EUR/AUD Long Term selling Trading IdeaHello Traders In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET today EUR/AUD analysis 👆 🟢This Chart includes_ (EUR/AUD market update) 🟢What is The Next Opportunity on EUR/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURAUD I Potential long from demand and bottom of the channelWelcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
5
EURAUD I Impulse correction setup Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
15
EURAUD is in The Down DirectionHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURAUD I Short and long trade plan Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
2
EURAUD I Potential bearish continuation Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
2
EurAud could rise 400 pipsRecently, FX:EURAUD breached the 1.63 support level. However, after reaching a low of 1.6220, the pair swiftly reversed, indicating a false breakout. Over the past three weeks, the pair has formed a falling wedge pattern, hinting at a potential reversal to the upside. Confirmation of a bullish scenario would come with a break above the descending trend line. In the medium term, EURAUD could ascend and retest the recent high at 1.6680. I maintain a bullish stance on this pair as long as the recent low remains unbroken.
Long
by Mihai_Iacob
EURAUD I Scalp & Intraday Short from resistance zone Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
1
EURAUD: 10/04/2024 | SetupsFX_ |Dear Traders, As we had explained before that EURAUD is likely to rebound once it come nears to a discounted price zone and price just did the exact same thing. Currently, we need ample volume for momentum to begin upwards, this trade currently in beginning stage and it is likely to continue rebounding as we progress. We need to keep an eye out at the downtrend trend line which remain vital for our trade to hit our target. If price rejects there then it is likely that it will create another lower low and may continue dropping. Good Luck and Trade Safe.
Long
by Setupsfx_
11