EURUSD Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.0939
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1014
Safe Stop Loss - 1.0902
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EURUSD-2
EURUSD: Strong Bullish Bias! Buy!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.09591
Wish you good luck in trading to you all!
Sell EURUSD Bearish ChannelThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.0986, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.0935
2nd Support – 1.0909
Stop-Loss: To manage risk, place a stop-loss order above 1.1005. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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Best Regards, KABHI FOREX TRADING
Thank you.
NEW IDEA FOR EURUSD By examining the trend in the four-hour time frame of EUR/USD, provided that there is no closing of the four-hour candle time below the important support interval in the range of 1.0915-1.0882, it can reach the resistance interval in the range of 1. 1004-1.0994, increase in price.
EURUSD Will Move Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.096.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.092 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EUR/USD BEARISH MOVEMENTHello Guys,
I have shared my idea regarding this major pair. As you can see the pair did not make any retracement but more based on the analysis I made it will keep going downstream till it reaches the point 1.07780. Please do let me know your ides as well. I'm still learning, so please forgive me if my analysis is wrong. Thank you.
EUR/USD Decline Amid Strong US Dollar Ahead of Key Economic DataAs forecasted in our previous analysis, the EUR/USD pair remains under bearish pressure, continuing its descent over the past two days, reaching around 1.09300 during the London session. The latest Commitment of Traders (COT) report indicates that retail traders remain bullish on the pair. Despite this, the price is approaching one of the two demand areas we've identified, though we are currently awaiting a possible bullish impulse if the price drops to the lower demand zone.
US Dollar Strength and Market Sentiment
Meanwhile, the US Dollar (USD) remains near its highest level since mid-August as traders have adjusted their expectations regarding a potential 50 basis points (bps) rate cut by the Federal Reserve (Fed) in November. The likelihood of such a cut has been largely priced out, with current market sentiment suggesting a 20% chance that the Fed will keep rates unchanged at its next meeting. This expectation was reinforced by the hawkish tone in the FOMC minutes released on Wednesday, which underpinned the USD's strength.
DXY ( USD ) Daily Chart
The elevated yield on the 10-year US Treasury bond, which remains above the 4% threshold, continues to support the US Dollar, acting as a headwind for the EUR/USD pair. The stronger USD, coupled with market sentiment around potential Fed actions, has weighed heavily on the Euro in recent sessions.
Upcoming Economic Data and Market Impact
Today brings several important economic releases that could inject volatility into the market, including:
Core CPI (Consumer Price Index)
CPI y/y
CPI m/m
Unemployment Claims
These reports are key indicators of inflation and employment in the United States, and they could shift the market's outlook for the US Dollar. Currently, the forecasts suggest that the data may work against the USD, potentially leading to an initial bullish move in EUR/USD. However, the ultimate impact will depend on how closely the actual data aligns with expectations.
Our Strategy: Waiting for a Key Demand Support
At this time, we are not opening any positions as we await the price to reach the lowest demand support level. A potential bullish reversal may occur once this level is tested, and we’ll be closely monitoring market movements following today's key economic data releases. Patience remains essential as we look for confirmation of a potential bullish setup.
Conclusion
The EUR/USD pair continues its downward trend, driven by USD strength amid expectations of steady interest rates from the Federal Reserve. As key economic data is released today, we anticipate increased market volatility, which could present trading opportunities. For now, we are waiting for the pair to reach critical demand levels before considering any new positions. Stay tuned for further updates as we continue to monitor market developments.
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EURUSD Analysis And Route Map For Next MovePair Name = EURUSD
Timeframe = D1
Analysis = technical + fundamentals
Trend = Bullish
Details :-
EURUSD is ready to get good volume now and it dropped well from last few days. Exactly on the way as predicted. It will hit a strong support level around 1.090 to 1.087
Price level.
Bullish Targets :-
1.12
1.13
Bearish Target :-
1.09
1.08
EMA 5 Cross over.
1.097
1.100
EURUSD. Medium term analysisHello traders and investors!
The previous medium-term analysis can be found in the related idea. Some new interesting information has emerged, which I would like to share with you.
Weekly Timeframe Analysis
On the weekly timeframe, a sideways movement has been forming since October 2023 (with point 4 established). The upper boundary is 1.12757, and the lower boundary is 1.04485. The current seller’s vector is 7-8, with a potential first target of 1.06011. Last week, the seller resumed activity. A potential threat for the seller is the buyer's zone (marked by a green rectangle on the chart), with its upper edge at 1.08851.
Daily Timeframe Analysis
On the daily timeframe, there was a sideways movement starting from August 2024 (point 4 was established). The upper boundary was 1.12142, and the lower boundary was 1.10002. The seller's vector 9-10 broke below the lower boundary, initiating a short trend. The beginning of the last seller's impulse is 1.09973. The end of the impulse will be confirmed when we see the first daily candle of the buyer. The end of the previous seller's impulse was at 1.09514.
Highlights
The priority is to look for sell opportunities.
Purchases should be considered if the price returns above 1.09973, and the buyer protects this level.
If we look at the average time taken for vectors in the sideways movement on the weekly timeframe, it generally takes about 15 weeks for the price to realize the vector, meaning that by approximately January 2025, the seller might reach their target. If we account for a mathematical progression (+3 weeks to the next vector), it may take around 21 weeks to achieve this.
Good luck with your trading and investments!
EURUSD Multi Timeframe Analysis 10.10.202415m Swing and Internal Bearish aligned with 4H structure
Finally we have mitigated the 4H demand nested in Daily demand. Also Daily SSLQ is taken. We might see bullish momentum to kick in but ideally wait for 15m internal structure to switch bullish . Or 4H bullish ChoCh in this 4H / Daily demand zone.
EURUSD longAs my anylisis is very top down this time on EURUSD and i am expecting The pair to fly to its global resistance as on Monthly Time frame i have seen observed a Trenline breakout and Restest over it on weekly Time frame i have observed flat resistance rising price pattern also on H4 i am expecting price reversal on H1 i have seen a falling wedge so am buy
Baised on The pair
Bullish divergence on EUR/USD 4hHello guys,
As you can see on the #EURUSD chart in the 4H time frame, it is consolidating within the liquidity box and has formed an RSI bullish divergence pattern. I’m going to open a trade with an R/R of 6 and a stop loss of 8 pips when break-out happened above the box.
Don’t forget to keep your risk at 1% per trade. That’s a crucial rule that could be the key to your success.
Good luck!
EURUSD H4 | Bullish Bounce Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 1.0937, which is an overlap support.
Our take profit will be at 1.1003, which is a pullback esistance level close to the 23.6% Fibonacci retracement.
The stop loss will be placed at 1.0865, which is a pullback support level.
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EURUSD Market Analysis Hey, the EURUSD has recently started to fall again, we could see some small trades to the upside for 10-15 pips or so long. I am still waiting for a bigger drop for some bigger long trades. Be careful though, markets are still a bit choppy. Long trades might be a bit risky for now. Also keep in mind that things may start to become very volatile as we are heading into US federal elections, and Canadian elections.
Thanks! 🍁🦃🎃
EUR/USD in Trouble? BofA May Think So Bank of America (BofA) anticipates that the European Central Bank (ECB) will reduce interest rates more aggressively than what is currently reflected in the EUR/USD.
This expectation is driven by doubts surrounding the ECB's estimate of the neutral rate and shifting savings and investment patterns within the Euro Area.
Even so, the EUR/USD has dropped to a new weekly low of 1.0950. With the U.S. dollar maintaining a bullish trend across the FX market, the pair may decline further, potentially testing the next support level at 1.0910.
If BofA’s forecast holds true, EUR/USD could revisit the lower highs seen in August and July, signaling a deeper pullback.
Eurusd signal In the near term, and according to the 4-hour chart, the risk skews to the downside. A bearish 20 SMA acts as dynamic intraday resistance, now at around 1.0970. Technical indicators, in the meantime, lack directional strength but remain within negative levels, in line with another leg south. Finally, the 100 and 200 SMAs turned south far above the current level, reflecting persistent selling interest
Confirm eurusd signal
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EURUSD Technical Analysis! SELL!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.0990
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0979
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURUSD: Bullish Forecast & Bullish Scenario
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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