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Eurusd-4

EUR/USD retreats in the aftermath of US NFP dataEUR/USD has given up its upward momentum after facing selling pressure near the key resistance level of 1.0900 during the North American trading session on Friday. The currency pair declined as the US Dollar strengthened significantly following the October Non-Farm Payroll (NFP) data. Although there was an initial negative reaction, the Dollar quickly regained strength, with the DXY Index rising above 104.00. The report indicated that the economy added only 12,000 new jobs, which is significantly lower than the estimated 113,000 and the previous month’s 223,000, which was revised down from 254,000. The unemployment rate remained stable at 4.1%, as expected. Looking at the technical chart, we can see that the trendline indicates a clear downtrend for this currency pair. The downward momentum of EUR/USD is likely to continue as it encounters two key resistance levels at 1.088 and 1.085. If the price fails to break through these levels, it may lead to a deeper decline, with the next target potentially being the support level at 1.080. Conversely, if the pair breaks the 1.088 resistance and stays above it, this could create an opportunity for a recovery, opening up the possibility of testing the 1.090 level again. Do you think this currency pair has a chance to reverse? Let me know in the comments!
by Alisa_Rokosz
Analyzing the EUR/USD on the 30-minute timeframethe EUR/USD on the 30-minute timeframe, the pair is currently in a downtrend but has not yet reached the green support zone. If the price returns to this zone, it could attract buyers, potentially pushing the price upward. This scenario may present a long opportunity, provided there's a confirmation signal before entry. Key Points: Current Trend: Downward movement towards support. Support Zone: Identified in green on the chart. Potential Action: Look for bullish confirmation signals upon price reaching the support zone before considering a long position. Always ensure proper risk management and wait for clear confirmation before entering a trade.
Long
by rebenga93
Take the Red Pill: The EURO COT Long Play RevealedTake the Red Pill: The EURO Long Play Revealed "Let me tell you why you're here. You're here because you know something. What you know, you can't explain, but you feel it." – Morpheus Most traders move blindly through the markets, buying and selling on impulse, on what they think they know. But for those who understand how to read deeper signals, patterns begin to emerge—patterns that separate the merely active from the truly informed. Right now, if you're willing to look, Commitment of Traders (COT) data is showing us something intriguing about the EURO. This is your red pill: a glimpse into how those in the know see beyond the chart. The Setup: A Commercial Long Play Behind the scenes, commercials—the ones who have true skin in the game—have loaded up on longs, reaching a 26-week extreme in positioning. Not only that, but they're holding their longest exposure in three years, a sign that those with the best intel in the market believe in a coming shift. Meanwhile, the "small specs," often driven by emotion rather than insight, have gone nearly max-short. Historically, this group isn't just wrong; they’re almost predictably wrong. The result? A textbook setup. But if you’re looking to take advantage, know this: jumping in without discipline is how people get burned. We wait for a confirmed trend change on the daily timeframe. Nothing less. Because only the disciplined get to see beyond the shadows and reap the rewards. The Undervaluation: Gold, Treasuries, and the EURO’s True Position If you look at the EURO in comparison to gold and treasuries, something stands out—it’s undervalued. This doesn’t show up in headlines or make for easy soundbites, but for those who know how to look, it’s a flashing signal. And there’s a seasonal edge, too: the EURO’s tendency to rally through mid-December. It’s another puzzle piece that, when added up with positioning extremes and market sentiment, paints a picture that only a few will truly grasp. Supplementary Signals: Layers of Confirmation For those still seeking confirmation, additional indicators are lining up: %R, Stochastic, and even bullish momentum divergence are signaling alignment. But understand this—the market doesn’t reward the impatient. We wait, observe, and move only when the trend change is confirmed on the daily chart. The Truth Beneath the Surface This is no ordinary trade idea. It’s a blueprint to help you see the hidden dynamics that move the market. Those who look only at surface price action may be blindsided by the moves yet to come. But for those willing to see beyond—those ready to know what the COT data, the fundamentals, and the seasonal tendencies are saying—this is a rare opportunity. Now, if you’re ready to see what the rest don’t, follow Tradius Trades. You’ll be one of the few with eyes open, equipped to move with purpose. --- > "I didn’t say it would be easy, Neo. I just said it would be the truth."
CME:6EZ2024Long
by Tradius_Trades
MY EURUSD SHORT IDEA 01/11/2024Direction: Short SL: 1.0849 Checklist: - MA 20 going downward - Break of Trendline - Fib level - Bounce from a Support/Resistance - Penetrate a Support/Resistance - Edgefinder Score - Correlation Confluence - Trading Central Preference Technical: 1. MA 20 Yellow is falling to MA 100 and 200 (Purple and Red). 2. Red Trendline was broken recently. 3. Price bounced off from a Resistance zone. 4. No FIB level found. 5. Tradingcentral tool signaling DECLINE on Time frames 15m,1h,and 4h but it is bullish and signaling RISE on daily time frame at the moment. 6. Q4 seasonality is bullish actually but with a short term bearish. Fundamental and economic: 1. I use Edgefinder tool which shows me a score of -1 "Neutral Bearish". 2. We have US elections coming up and regardless of which president wins it’s going to be bullish for USD. 3. US NFP came out horrible 12k but market wants a revision and is in a speculative state. 4. EUR / DE10Y is falling. 5. USD is on the rise after a recovery. 6. VIX spiked a little.
Short
by stingotho
EURUSD Short term buy inside a Channel Up.EURUSD is trading inside a Channel Up. The price has falled by -0.55%, same amount as the October 25th-28th pull back. That was a short term buy opportunity that targeted the 0.786 Fibonacci. The MA200 (1h) is supporting just below. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.08750 (Fibonacci 0.786 level). Tips: 1. The RSI (1h) is about to turn oversold. That has been the most effective buy signal on the last 3 lows (October 29th, 28th and 23rd). Please like, follow and comment!! Notes: Past trading plan:
Long
by TradingBrokersView
HelenP. I Euro will make small correction and continue move upHi folks today I'm prepared for you Euro analytics.A few days ago price entered to consolidation, where it at once reached the top part and then dropped to the 1.1040 level, which coincided with the bottom part of the flat with the resistance zone. Then EUR tried to grow, but failed and fell to the resistance zone, after which turned around and in a short time backed up to range. Later price rose to the top part of the consolidation again, where then it reached the trend line and then started to decline. Euro exited from consolidation, breaking the 1.1040 level, and continued to decline. In a short time later, the price fell to the support level, which coincided with the support zone. Soon, the price broke this level and some time traded between, after which rebounded up, breaking the 1.0810 level with the trend line. To this day, the price continues to grow, so, I expect that EURUSD will make the small correction and then continue to grow next. So, that's why I set my goal at 1.0975 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
1
EUR/USD shows potential (READ DESCRIPTION)Pivot Point: 1.0860 EUR/USD shows potential for an upward move, with projected gains of 27 - 42 pips, supported by a pivot level at 1.0860. Our Preference: Long Positions Consider long positions above 1.0860 with the following target levels: Primary Target: 1.0900 — this level may serve as the first resistance, where some consolidation or minor retracement could occur. Secondary Target: 1.0915 — if this level is reached, it may indicate stronger bullish momentum, potentially supporting further advances. Alternative Scenario: Downside Potential If EUR/USD dips below 1.0860, consider a move lower with targets: First Target: 1.0845 — an intermediate support level that could act as a buffer for downward momentum. Second Target: 1.0830 — a more substantial support level that may result in either a consolidation or a sustained bearish push if breached. Technical Indicators & Analysis Relative Strength Index (RSI): The RSI indicates consolidation but remains above its neutrality area at 50, suggesting moderate upward momentum. Moving Average Convergence Divergence (MACD): The MACD may be nearing or above its signal line, reinforcing a slight bullish trend; however, a potential cross below could indicate a return to consolidation or slight bearish pressure. Moving Averages: EUR/USD is positioned above its 20-period and 50-period moving averages, signaling a short-term bullish trend with support for the upside move. Key Levels & Price Action Outlook Above 1.0860: A sustained move above this level can support gains toward 1.0900 initially. Consolidation may occur at this level, but continued strength would open up 1.0915, which is a more substantial resistance level and an extended target for long positions. Below 1.0860: Dropping below this pivot could lead to further declines. 1.0845 may serve as an initial support, and a break here could lead to a test of 1.0830. This deeper level may offer stronger support and could signal either a bottoming for a potential rebound or a continuation of bearish movement.
by CharivapaAlgo
Pre NFP Trade Analysis1st November DXY: Stronger NFP, DXY bounce off 103.80 to trade up to 104.60. If 103.80 broken, could trade down to 103.45 NZDUSD: Sell 0.5925 SL 20 TP 60 (DXY Strength) AUDUSD: Sell 0.6545 SL 25 TP 60 (DXY Strength) GBPUSD: Sell 1.28 SL 40 TP 120 (DXY Strength) EURUSD: Buy 1.0905 SL 25 TP 100 Hesitation at 1.0950 (DXY Weakness) USDJPY: Sell 151.40 SL 40 TP 200 Hesitation at 150.55 (DXY Weakness) USDCHF: Buy 0.8710 SL 20 TP 40 (DXY Strength) USDCAD: Sell 1.3915 SL 15 TP 30 (DXY Weakness) Gold: Needs to stay below 2760, break 2740 could trade down to 2708
TVC:DXY
by JinDao_Tai
2
EURUSD increased sharply: Target 1,095?Hello everyone! EURUSD is witnessing an impressive increase after a long decline, this pair of money has been stable around the threshold of 1,087 and has not shown signs of stopping. Looking at the time frames, the strong growth trend of EURUSD brings clear optimism. However, the current pair of money is under the resistance level immediately at 1,088. The passing of this level will lead to an increase in price while maintaining this level will lead to decreasing prices. With the current situation, it is likely that the 1,0857 milestone may be tested to check the reaction with EMA 34 and 89 lines before the market offers a more definitive direction. The upcoming goal? 1,090 and further than 1,095. I wish you a lot of luck and profit!
Long
by Bentradegold
2
EURUSD H4 | Bullish Bounce Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0838, which is a pullback support. Our take profit will be at 1.0905, a pullback resistance. The stop loss will be placed at 1.0770, which is a multi-swing low support level. 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. 64% 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. 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 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
2
#EURUSD - 1 NovSmall range choppy day for EURUSD yesterday; it moved higher, hit the first resistance, sold back down to PZ then rallied to close near the highs. Overall, EURUSD is in a resistance zone and IMO, I am cautiously bearish for a move lower before any upside is possible. EURUSD is much bearish on the monthly (even more than indices) and overall, any bearish daily candle would indicate a potential near term top for further downside. For today, looking at 1.0898 is the level to look for shorts while 1.0812/20 would be levels to look for longs.
by FadeMeIfYouCan
Bearish reversal?EUR/USD is rising towards the resistance level which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0896 Why we like it: There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement. Stop loss: 1.0952 Why we like it: There is an overlap resistance level that aligns with the 78.6% Fibonacci retracement. Take profit: 1.0840 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! 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.
Short
by VantageMarkets
$EUIRYY -Europe's Inflation Rate (October/2024)ECONOMICS:EUINTR 2% (October/2024) +0.3% source: EUROSTAT -Annual inflation in the Euro Area accelerated to 2% in October 2024, up from 1.7% in September which was the lowest level since April 2021, and slightly above forecasts of 1.9%, according to preliminary estimates. This year-end increase was largely expected due to base effects, as last year’s sharp declines in energy prices are no longer factored into annual rates. Inflation has now reached the European Central Bank’s target. In October, energy cost fell at a slower pace (-4.6% vs -6.1%) and prices rose faster for food, alcohol and tobacco (2.9% vs 2.4%) and non-energy industrial goods (0.5% vs 0.4%). On the other hand, services inflation steadied at 3.9%. Meanwhile, annual core inflation rate which excludes prices for energy, food, alcohol and tobacco was unchanged at 2.7%, the lowest since February 2022 but above forecasts of 2.6%. Compared to the previous month, the CPI rose 0.3%, following a 0.1% fall in September.
ECONOMICS:EUIRYY
by Mr_J__fx