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EURUSD

EUR/USD Pressured: Bears Eye Further DeclinesThe EUR/USD pair remains under selling pressure as it hovers near the 1.0550 level, unable to break free from its bearish trajectory. The chart reveals a clear head-and-shoulders pattern, indicating potential downward movement. The pair recently tested the support zone around 1.0530, and while minor recoveries have occurred, they have been capped by the resistance at 1.0567, aligning with the 50-period EMA. With a failure to sustain above the resistance levels, sellers could push the price further downward. A break below 1.0530 might pave the way for a retest of the 1.0500 psychological mark, and potentially lower, as momentum indicators signal growing bearish sentiment. For buyers to regain control, a decisive breakout above 1.0567 would be required, invalidating the current bearish structure. However, the dominant trend remains firmly in favor of the bears, suggesting further downside risks ahead.
Short
by Veda_Solomon
EURUSD : Realization continues, risks increase!Dear traders, EURUSD is currently in a bearish "flag" phase this Friday morning in Europe, influenced by risk-off flows stemming from escalating geopolitical tensions between Russia and Ukraine and concerns over potential U.S. tariffs on the EU... Now, there is nothing stopping it from further distribution. Key news is on the horizon that traders should approach with caution. A Fed rate cut. And the question is no longer "when" but "how much" the Fed will cut amid persistently high inflation over the past few months. From a technical perspective, the focus is on resistance levels at 1.055 and 1.054, which is the (fib 0.618). A gradual retracement and retest will increase the chances of a breakout. Now, selling pressure on this currency pair is intensifying, prices are entering a risk zone, and buyers are becoming increasingly cautious. We are monitoring the next key downside targets at 1.047-1.044...
Short
by Bentradegold
EURUSD H1 | Bullish RiseBased on the H1 chart analysis, we can see that the price is rising toward our buy entry at 1.0547 ( Bullish breakout) Our take profit will be at 1.0597, which is an overlap resistance level. The stop loss will be placed at 1.0496, which is a 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
EURUSD: Consolidation “flag”. Willingness to go belowBen, hello everyone! CAPITALCOM:EURUSD is consolidating in the form of a "flag", the purpose is to accumulate before continuing the trend... The fundamental context remains negative. On D1, when looking closely at the 4-hour chart, it is clear that the price is maintaining a decline below 1.0600. There is no reaction to push the price higher. Therefore, in the short term, the momentum and strength of buyers are not expected to be enough to reverse the local situation. Looking ahead, as long as the dollar continues to consolidate, the euro will theoretically be hit hard... In particular, the focus is on the consolidating "flag". Breaking this channel, the downtrend will continue. Ben personally appreciates trading in the direction of the current trend, if there is a clear move, that is, expecting the price to break out and consolidate below the 1.052 area, aiming for a lower target in the short term. The focus is still on the 1.060 level and around the resistance at 1.065.
Short
by Bentradegold
Bearish drop?The Fiber (EUR/USD) is rising towards the pivot which lines up with the 38.2% Fibonacci retracement and could drop to the 1st support. Pivot: 1.0548 1st Support: 1.0496 1st Resistance: 1.0602 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish drop?EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.0550 Why we like it: There is a pullback resistance level that aligns with the 38.2% Fibonacci retracement. Stop loss: 1.0598 Why we like it: There is an overlap resistance level. Take profit: 1.0496 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
EURUSD: Long term bottom formation. Target 1.09250.EURUSD is almost oversold on its 1D technical outlook (RSI = 32.566, MACD = -0.011, ADX = 28.963) as despite the consolidation since last Thursday, it hasn't yet started to recover. This is however a common price action during bottom formation proccesses (like September and March 2023) and since the 1D RSI is on a bullish divergence (HL), we expect a rally to start soon. In the past rebounds that stopped initially on the HH trendline but for slightly lower risk we are targeting the November 5th High (TP = 1.09250), which started the recent selling. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
Euro slides after ECB financial stability reviewThe euro is down sharply on Wednesday. In the North American session, EUR/USD is trading at 1.0510, down 0.80% on the day at the time of writing. Financial stability reviews seldom make the headlines, unless the message is a stark one. That was the case today as the ECB’s financial stability review warned that the eurozone could face a financial crisis due to a variety of issues. The euro has responded to the pessimistic news with sharp losses. The report noted weak growth, rising public debt and political uncertainty in the eurozone could lead to an economic downturn that would squeeze banks and hurt financial stability. The ECB also warned of the possibility of a potential bubble in stocks connected to AI, which could result in a sharp market correction. The report urged fiscal prudence in order to preserve financial system resilience in the “current uncertain macro-financial environment”. The European Central Bank meets on Dec. 12 and there are differing opinions among Governing Council members as to the timing of another rate cut. Inflation has been falling, but it the pace fast enough to warrant a rate cut at the December meeting? Some voices have been calling for a jumbo 50-basis point cut in December, while more dovish members want to wait until early next year. ECB Vice-President Luis de Guindos, speaking after the release of the financial stability review, said it was “crystal clear” that the ECB would continue lowering rates but this had to be done in an “extremely prudent” manner. EUR/USD has pushed below support at 1.0574 and 1.0545. Below, the support line of 1.0494 is under pressure 1.0625 and 1.0654 are the next resistance lines
by OANDA
EURUSD - Bearish ScenarioEURUSD was recovering well until we had a news that a UK made missile was launched by Ukraine. Therefore considering wider conflicts and war situation, we may see bearish moves across various pairs. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Short
by MarketsPOV
EURUSD Is Very Bullish! Buy! Please, check our technical outlook for EURUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.056. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.057 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
XAU/USD : More Fall Ahead ? (READ THE CAPTION)Analyzing the #Gold chart on the 4-hour timeframe, we notice that today’s market opened with a positive price gap between $2563 and $2566 . These types of gaps often act as magnets for price action, as markets tend to fill such gaps over time. Based on the current bullish momentum, I expect a price correction in the near future to fill this gap. Looking deeper into the structure, we can see that gold’s recent rally has managed to fill the Fair Value Gap (FVG) from the previous bearish move to a significant extent. However, it still has room to climb and fully fill the gap at $2606. This level could serve as a critical zone where we might observe a strong price reaction . Keep this level on your radar—it could either confirm a continuation of the bullish trend or trigger a reversal. From a broader perspective, the ongoing geopolitical tensions in the Middle East and the Ukraine-Russia conflict continue to provide a safe-haven bid for gold. These factors have been instrumental in driving demand, even as the US dollar shows signs of consolidation after its recent strength. On the macroeconomic front, recent data showed strong US retail sales for October , indicating resilience in the economy. However, there’s growing uncertainty around the Federal Reserve's policy direction. Markets currently price in a 65% probability of a 25bps rate cut in December, which could weigh on the dollar further and provide support for gold in the medium term. From a technical standpoint: 1. Gold remains in a bullish structure, but short-term corrections are expected due to overbought conditions and the need to fill the gap at $2563-$2566. 2. The $2606 level acts as a magnet for price, as it marks the full closure of the previous FVG. Monitor this level closely for signs of rejection or continuation. 3. In case of a rejection at $2606, a retest of support levels near $2545-$2550 could be on the cards, aligning with the gap fill. Key Levels to Watch : - Support: $2563 (gap low), $2545 - Resistance: $2606 (FVG top), $2620 To summarize, while gold’s rally has been impressive, the presence of both the unfilled gap below and the remaining FVG above suggests that the market could be at a pivotal point. Watch these levels carefully, as they are likely to guide gold’s next move. Previous 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
OANDA:XAUUSDShort
by ArmanShabanTrading
47
EURUSD - Potential Outlook for 20/11/2024 EURUSD has been ranging however there's a potential for a breakout to upside. As far as the support holds, we should see a move to upper levels. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Long
by MarketsPOV
Will Most Stable Currency Pair Finally Break Its 20-Year PatternThe foreign exchange market stands at a pivotal crossroads as the seemingly unshakeable euro-dollar relationship faces its most significant test since the 2022 energy crisis. Traditional market dynamics are being challenged by an unprecedented confluence of factors: the return of Trump-era trade policies, escalating geopolitical tensions in Eastern Europe, and diverging monetary paths between the Federal Reserve and European Central Bank. This perfect storm has pushed the euro to levels not seen since October 2023, prompting leading financial institutions to reassess their long-held assumptions about currency stability. What makes this moment particularly compelling is the broader economic context. While previous threats to euro-dollar parity emerged from singular crises, today's challenge stems from structural shifts in global trade architecture. Deutsche Bank's analysis suggests that proposed trade policies could fundamentally alter international capital flows, with the potential to drive the euro below parity to 0.95 or lower – a scenario that would rewrite modern forex history. This isn't merely about numbers; it's about a potential reshaping of global economic power dynamics. The most intriguing aspect of this development lies in its timing. As we approach a period traditionally characterized by dollar weakness – December has seen the greenback decline in eight of the past ten years – markets face a fascinating contradiction. Will historical seasonal patterns prevail, or are we witnessing the emergence of a new paradigm in currency markets? The answer could reshape investment strategies across the globe and challenge long-held beliefs about currency market dynamics. For investors and market observers alike, the coming months promise to deliver one of the most compelling chapters in recent financial history.
Short
by signalmastermind
+100/+150 pips GBPUSD H11 short/long trade plan🔸Hello traders, let's review the 1hour chart for GBPUSD today. Solid bounce off the lows in progress, however overhead resistance will cap any immediate upside. 🔸Key levels for GBPUSD traders: 2625 s/r bulls, 2735 s/r bears, 2775 mirror s/r bears level will get re-tested by the bulls for liquidity. 🔸Recommended strategy for GBPUSD traders: the sequence is short / long so you want to short high off the s/r bears at 2735 SL 40 TP 2625 pips, this is the W reversal play / re-test of the mirror s/r bulls at 2625 then flip lonjg at/near 2625+-10 pips SL 40 pips TP1 +75 TP2 +150 pips final exit bulls at mirror s/r at 2775. this is a swing trade setup, patience required. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
6
GBPCAD H4 300 pips dump incoming short it🔸Hello traders, let's review the 4hour chart for GBPCAD today. Weak support breakdown in progress currently on H4 and I don't expect it to hold the sell side pressure. 🔸There is no strong S/R zones until 7440 currently we are trading at 7730 so I expect the price to slide through the weak s/r zone. S/R zone was tested multiple times recently and only produced a weak bounce therefore expecting breakdown and new dump. 🔸Recommended strategy for GBPCAD traders: short sell at market or short sell any weak bounces near market price, SL 60 pips TP1 +150 pips TP2 +300 pips. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
14
EURUSD today The EURUSD pair remains under significant bearish control, consolidating just above the critical support level near 1.0527. Despite a slight recovery, the overall trend continues to favor sellers, with the recent pullback likely to face resistance around the 1.0775–1.0868 zone. Key Technical Insights: Downward Momentum: The pair has been unable to sustain any significant upward movement, with each rally being met by selling pressure, maintaining the dominant bearish structure. Resistance Levels: The 1.0775 and 1.0868 zones represent formidable barriers, with a rejection at these levels expected to reinforce the downward trend. Target Levels: A breakdown below 1.0527 could open the path toward the psychological level of 1.0500 and further extend losses toward 1.0300. Outlook: Traders should monitor any attempts to retest the resistance zones for potential sell opportunities. As long as EURUSD remains below 1.0775, the pair is likely to stay on its bearish trajectory.
by Veda_Solomon
Fundamental Market Analysis for November 20, 2024 EURUSDEvent to pay attention to today: 15:00 EET. EUR - ECB President Christine Lagarde Speaks EURUSD: On Tuesday, the EUR/USD was trading between the 1.0550 and 1.06000 levels. It tested the lower boundary but then recovered, adding just 0.14% for the day. The final data on EU Harmonised Index of Consumer Prices (HICP) inflation had little impact on market movements, and the greenback will have to settle for a limited release schedule this week. The European core HICP inflation rate remained at 2.0% y/y in October, in line with preliminary data. The data did not generate interest in the euro markets and was not a focus on either side of the bid-ask spread. US data remains inactive until the second half of the trading week, when jobless claims and retail sales data will be released. On Wednesday, ECB President Lagarde will deliver the opening remarks at the ECB's Financial Stability and Macroprudential Policy Conference. The ECB finds itself in a challenging position, with European inflation holding firm against initial expectations and the broader European economy displaying a lopsided tilt. The first half of the US trading week will see few economic data releases. On Thursday, average initial jobless claims will be published, which are expected to show a slight increase in the number of people applying for unemployment benefits for the week ending 15 November. US Purchasing Managers' Index (PMI) data will be released this week, but will not impact investors until Friday. Trading recommendation: We follow the level of 1.06000, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.
by Fresh-Forexcast2004