Euro could rise to 1.0560 points within the wedgeHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price traded near the seller zone, which coincided with the resistance level and when it moved up, it at once turned around and dropped to the 1.0350 level, breaking the resistance level. Then price started to grow inside the pennant, where it rose higher than the resistance level again, making a gap and later even reaching the resistance line of the pennant pattern. After this movement, the Euro started to decline and quickly fell to the support line of the pennant, breaking the 1.0510 level and soon it exited from the pennant pattern and then fell to the support level, which coincided with the buyer zone. Then the price rose a little and dropped to 1.0220 points, breaking the support level too. But soon, the Euro turned around and made impulse up, breaking the support level again and even later started to trades inside the wedge. In this pattern price first made a correction to the support line and then in a short time rose back to the support level, broke it, and continued to move up. Later price reached a resistance level, but a not long time ago it rebounded and fell to the support line, which recently bounced and started to grow. So, in my opinion, the Euro can continue to move up in wedge to resistance line, breaking resistance level. For this reason, I set my TP near the resistance line, at 1.0560 points. Please share this idea with your friends and click Boost 🚀
EURUSD
EURUSD The Target Is DOWN! SELL!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.0491
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.0413
My Stop Loss - 1.0527
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
XAU/USD : Bull or Bear (READ THE CAPTION)By analyzing the 4-hour gold chart, we see that, as expected, the price continued its upward movement following yesterday's analysis, hitting the $2752 and $2764 targets, delivering a 200-pip return. After reaching $2764, gold corrected from $2766 down to $2757, and it is currently trading around $2759. If the price stabilizes below this level, we could see further corrections.
⚠ Important Note: Today, we have the FOMC meeting and the U.S. interest rate decision, which could lead to high market volatility. I strongly recommend avoiding trading during these critical hours!
THE MAIN ANALYSIS :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DeGRAM | EURUSD fixed under the channelEURUSD is under an ascending channel between the trend lines.
The chart has consolidated under the ascending channel.
We expect the price to continue falling towards the next support.
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EURUSD - Post News ScenariosEurusd is currently holding onto downward trendline and upcoming news events will provide a clear direction to price. This can either break up and target above levels or touch below support and then bounce. Due to the high impact of news, the move can be extremely volatile so please watch out for slippage.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
EURUSD is possible to drop soon!Hey guys,
based on the chart, I've identified a resistance area (in 4H timeframe).
And we can see the rejection of price from the mentioned area.
Also as confirmation for our scenario is the descending channel that is identified on the chart.
So It ca be another good trading opportunity with risk/reward ratio around 1/4 which is considerable!
Good luck.
+400 pips Advanced BUY/HOLD EURUSD XABCD swing trade setup BULLS🔸Hello traders, let's review the 4 hour chart for EURUSD. Speculative XABCD in progress, with PRZ/D set at 0680, so expecting more losses in EURUSD before reversal from point C.
🔸XABCD structure is defined by point X at 0585, point A at 0200, point B
at 0520, point C at 0275, point D/PRZ at 0680, currently most points validated, point C/PRZ still pending, so traders should wait until we hit C before buying.
🔸Recommended strategy for EURUSD traders: wait for pullback/correction
to complete at point C near 0275, buy/hold, SL 60 pips, TP1 +200 pips TP2
+400 pips. BUY/HOLD at point C/PRZ at 0275. swing trade setup. good luck!
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EUR/USD Gains Limited by USD StrengthEUR/USD edges higher after three losses, trading around 1.0420 in Thursday’s Asian session, driven by a technical USD rebound. The US Dollar Index (DXY) remains just under 108.00.
Further EUR/USD gains may be limited as the Fed maintains a hawkish stance, removing confidence in inflation reaching 2%. Fed Chair Powell stated policy changes require "real progress on inflation or labor market weakness." As expected, the Fed held rates at 4.25%-4.50% in January after three cuts since September 2024, totaling a 1% reduction.
Meanwhile, the ECB is expected to cut rates by 25 basis points on Thursday, lowering the Deposit Rate to 2.75%, with further cuts anticipated, pressuring the Euro. Traders await Eurozone and German Q4 GDP data, followed by the US GDP report later.
Technically, resistance levels are at 1.0450, 1.0515, and 1.0550, while support levels are at 1.0355, 1.0270, and 1.0225.
EURUSD 30 Jan 2025 W5- Intraday Analysis - ECB Rate / LagardeThis is my Intraday analysis on EURUSD for 30 Jan 2025 W5 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Federal Reserve's Decision: The Fed maintained the federal funds rate at 4.25% to 4.50%, citing stable economic growth and a low unemployment rate.
Fed's Outlook: Chair Powell emphasized a cautious approach, indicating no immediate plans to adjust rates and highlighting the need to assess the economic impacts of forthcoming policies from the Trump administration.
Presidential Response: President Donald Trump criticized the Fed's decision, attributing ongoing inflation issues to the central bank's policies and pledging to address inflation through measures such as enhancing energy production, deregulation, and trade adjustments.
Heavy Economic Reports today: Starting with EUR Unemployment, GDP, ECB Interest Rate / Lagarde Press Conference to US GDP and Core PCE.
Overall, the market sentiment reflects a blend of caution and anticipation as investors monitor the interplay between the Federal Reserve's monetary policy and the administration's fiscal initiatives.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹INT structure continuing bullish after the bullish BOS. We expect that at anytime the Swing Pullback will start.
🔹With price failing to close above Weak INT High, there is a HP that we are going to target the INT Low which will facilitate the Bullish Swing Pullback.
🔹Price is currently mitigating the large 4H Demand zone but failing till now to do something significant (At least a Bullish CHoCH).
3️⃣
🔹Expectation is set for price to continue Bearish to target the Strong INT Low to facilitate the 4H Bullish Swing Pullback and the Daily Bearish Continuation.
15m Chart Analysis
1️⃣
🔹Swing Bearish
🔹Swing Continuation
2️⃣
🔹Swing is continuing bearish with a new bearish BOS.
🔹After a BOS we expected a pullback which already reached the Swing Premium and mitigated the 15m / 4H supply zones.
🔹No clear INT structure within the Swing but the Fractal is currently bearish indicating the bearish swing pullback could be over and we are currently forming the Swing continuation phase to target the weak Swing Low.
3️⃣
🔹Expectation is for price to continue bearish (4H INT low to be broken) but to be cautious that we still within the 4H demand that is not fully mitigated.
EUR RALLY ON ECB MEETING?Trading Plan for ECB Rate Decision
1. BASELINE 📊
- Market Expectations for Interest Rates: The market is anticipating a rate cut by the ECB, with a forecasted main refinancing rate of **2.90%** down from **3.15%**. The STIR markets have priced in a 50 bps cut, suggesting strong expectations for a reduction.
- Upcoming Event Predictions: Consensus is that the ECB will cut rates by either 25 bps or 50 bps to stimulate the economy due to lower inflation and weaker-than-expected growth.
- Trend Analysis: The ECB has been lowering rates since last year in response to economic challenges. This trend is likely to continue.
- Pre-positioning Observation: The flat movement in the proprietary euro index suggests cautious pre-positioning, indicating that significant moves might occur post-announcement.
2. SURPRISE⚡ :
- 25 bps Cut: If the ECB cuts rates by **25 bps**, it could lead to an upside in the euro due to repricing, as the market has priced in a 50 bps cut.
- 50 bps Cut: If the ECB cuts rates by **50 bps**, it might be seen as expected, leading to a less significant market reaction.
3. BIGGER PICTURE 🌐
- Short-term Play: If the ECB cuts rates by **25 bps**, initiate a short-term intraday trade on the predictable directional volatility, taking advantage of the potential upside in the euro due to repricing.
- Long-term Play: The broader expectations for future interest rates remain unchanged, suggesting that neither scenario will alter the bigger picture significantly.
EURUSD Death Cross (1h) giving a sell signal.EURUSD is trading inside a Channel Down pattern and is about to form a Death Cross on the (1h) time frame.
All recent Death Cross formations resulted in a Lower Low.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1.03500 (bottom of Channel Down).
Tips:
1. The RSI (1h) has formed the very same Lower Lows pattern as during all those previous Death Crosses.
Please like, follow and comment!!
Bearish reversal off pullback resistance?EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.0455
Why we like it:
There is a pullback resistance that lines up with the 50% Fibonacci retracement.
Stop loss: 1.0520
Why we like it:
There is a pullback resistance.
Take profit: 1.0345
Why we like it:
There is an overlap support that is slightly below the 50% Fibonacci retracement.
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EURUSD - Ready for a Make or BreakEURUSD is currently sitting close to a downward trendline and the next move is decided by the FOMC meeting. Above are the possible scenarios depending on the minutes of the meetings.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
EUR/JPY 4H Chart Analysis – Gap Fill Incoming?EUR/JPY 4H Chart Analysis 🏆📊
🚀 Current Price: 162.308
📍 200 EMA: 162.099 (Dynamic Support)
🔥 Key Levels & Insights:
🟥 Major Support Zone (Red Area - 162.000)
✅ Price recently bounced off this level, showing strong buying pressure.
✅ If price holds above 162.000, a bullish continuation is likely.
📈 Gap Zone (Orange - 163.000 - 163.500)
🔍 There’s a price imbalance above, meaning price could be drawn towards it.
🔼 Gaps act as magnets! A move up to fill the gap is likely.
📊 200 EMA (162.099) - Crucial Level
🚦 Price is hovering above the 200 EMA. If it remains above, we can expect further bullish momentum.
🔮 Price Prediction & Trade Idea
📌 If price breaks and holds above 162.500, expect a 🚀 move towards 163.500.
📌 Rejection from 163.500 could bring a pullback 📉 back to 162.500.
🚨 Risk Alert:
🔻 If price drops below 162.000, bears might take control, pushing it to 161.500 or lower.
💡 Final Thoughts:
👉 Bulls 🐂 need to break 162.500 to push towards 163.500.
👉 Bears 🐻 will gain control if price loses 162.000.
🔥 Verdict:
✅ Bullish Bias if price stays above 162.000.
🚀 Target: 163.500 (Gap Fill).
🔻 Invalidation: Below 162.000.
EURUSD: First red day into the new weekHello traders and welcome back to my channel, as always don't forget to support my work with a like and comment, and follow me for more updates and markets templates!
I always repeat it in every post I share, my analysis are not a forecast and/or prediction regarding where the market can go, I'm not interested in gambling, neither in knowing the direction of any market. My goal in trading is to extract money from it, I wouldn't care much about anything else.
What I draw (lines, arrows) are not directional move, but the current setup I'm looking for, in the day, so do not be surprised if I go long on tomorrow :)
Thanks for understanding and hope this can give more value to your analysis as well.
Let's start!
EURUSD may start an interesting process, we can see all the week breaking down potentially going to complete the 2 weeks pump and dump, or in the week itself, this market can setup for a weekly dump and pump, starting from Monday. For a better understanding let's analyse day by day to see the logic behind each possible move during the week.
Starting from the last week we can see almost all the week trending higher, the first lower low into the LOD happened on Thursday, which is currently a potential anchor point for a pump and dump into this current bearish scenario!
Monday, the opening range of the week pushed a little bit higher, breaking out and quickly dumping back down.
Tuesday opening, the market kept going lower, breaking through the LOD (Monday low) going in consolidation till the end of the day, triggering breakout short traders and closing the day in breakout.
Today, the market went lower and looks like still dumping with a great momentum.
Now.. let's talk about the thesis.
1. Bearish:
this market can easily stop the traders long form the last Thursday, considering a great bullish move from that level, eventually reversing during the upcoming days or keep going lower, who know, we may see this market completing 2 week pump and dump scenario, back into the previous weekly low.
2. Bullish:
although today I'm not interested in counter trending this market, I don't exclude a potential dump and pump in the current week if the market will start consolidating around the previous Thursday low, not gonna happen today but we can see such a scenario by the end of the week.
Remember, today FOMC, I don't think I would like to expose my capital in a such a dangerous volatile market!
Entry criteria:
As I said, currently I'm not interested in counter trending such a strong down move market, at least not today and not before news release.
I can think about a scalp short if the market will retest at least the current high of session, consolidating around that level for 30 to 45min before to see a potential 25+ pip scalp in the session.
However, during the upcoming days we can certainly see better opportunities, but I decided to share it, because EURUSD look pretty clean to me!
Gianni