Get started

EURUSD

XAU/USD : Get Ready for more correction before the next bullrun!Analyzing the gold chart on the 4-hour timeframe, we observe that in the last trading day of the previous week, before attempting to establish a new high, the price faced a correction from the $2786 level and has since declined, reaching as low as $2747. Currently, gold is trading around $2761, and if the price stabilizes below $2780, we can expect further corrections. The potential targets for this decline are $2756, $2751, and $2747, respectively. This analysis will be updated soon! 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
30
EURUSD Sellers In Panic! BUY! My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.0420 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0452 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURUSD - Still Respecting Rising ChannelWe analysed EURUSD few days back and it was highlighting a Bullish move which was completed and priced retraced from exactly the resistance highlighted. If we analyse the elliot waves, it shows that Bullish wave was completed and now the price is in Correction mode. From here, it is highly likely that we should see a Wave B which should give us an optimum entry to short price to Wave C. Having said this, be mindful that if the price doesn't respect above resistance levels, it may break higher however it will depend on upcoming news and market sentiments. Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime. 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
EURO - Price can little correct and then bounce up to $1.0580Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price traded inside flat, where it reached $1.0450 level and then dropped to $1.0270 level. After this, Euro turned around and rose to almost $1.0450 level, after which turned around and started to fall in wedge. Price fell to support line of wedge and then at once bounced up, breaking $1.0270 level one more time. Next, EUR some time traded near this level and when it reached support line of wedge, it continued to move up. In a short time, price reached $1.0450 level, broke it, and rose to resistance line of wedge, after which corrected. So, I think that price can fall to support area and then bounce up to $1.0580, exiting from wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
23
EURUSD Is Very Bullish! Long! Here is our detailed technical review for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.042. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.055 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
USD/JPY Hits Target Again! Massive 500 Pips Move! What's Next?By analyzing the USD/JPY daily chart, we observe that the price has dropped precisely from the 156.75 zone, as anticipated in our analysis, and has hit the 154 target! The key demand zone is between 153 and 154.3, while the significant supply zones are 155.40, 157 to 158.2, and 158.8, respectively. The total return from this analysis has exceeded 500 pips so far! With your support, this analysis will be updated soon! 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 The Latest Analysis : |
Short
by ArmanShabanTrading
10
EURUSD 4H Bearish Trend with Bullish CorrectionOANDA:EURUSD EURUSD Weekly Chart 📶 Technical Analysis Weekly (1W) Chart: Over the course of 2023 and 2024, EURUSD has been consolidating within a range between the support zone at 1.06 and resistance at 1.11. End of 2024: The support at 1.06 was broken, leading to the creation of a new bottom at 1.0176 in January 2025. After reaching this low, we saw a strong bullish weekly candle with a +2.19% move, signaling potential for a rebound. Daily (1D) Chart: From August to September 2024, the price formed a double top pattern, followed by a bearish trend that lasted until January 2025. Long-Term Outlook: In the long-term, I remain bearish on EURUSD. However, a potential correction in the short term is expected as the price may test the broken support level around 1.06 and the newly formed bottom in 2025. 4-Hour (4H) Chart: At the beginning of 2025, we observed a bullish reversal, and now the price is forming a bullish trend on the smaller time frame, confirmed by moving averages and the formation of higher highs and higher lows. A key observation is that the trend line has been broken, suggesting a potential shift in momentum. Strategy: I'm currently waiting for a bearish reversal pattern to potentially enter a short position. 🔤 Summary: In the long term, I remain bearish on EURUSD but expect a potential correction before the price continues lower. In the short term, I’m looking for a bearish reversal pattern on the smaller time frame (4H) to enter a short position. The trend line break on the 4H chart is significant and may indicate a shift in trend, so I'll be cautious and monitor for confirmation before taking action.
Short
by boykopetevboev
EURUSD at Key Support: Bullish Continuation Ahead?OANDA:EURUSD is trading within a well-defined ascending channel, indicating a bullish trend. The price has recently pulled back into a demand zone, which has previously acted as strong support. This confluence of support and the lower boundary of the channel suggests the potential for a bullish continuation. If the price confirms a rejection from this zone, I anticipate an upward move toward the 1.05200 level, which aligns with the previous resistance level. However, a breakdown below the demand zone and channel support would invalidate this setup and signal possible bearish pressure. This setup aligns with the idea of trend continuation within an ascending channel. Let me know your thoughts or if you have any alternative perspectives!
Long
by DanieIM
1
BUY EURUSD H4 | FOREX BEEHey Traders, This EUR/USD H4 chart suggests a bullish scenario, with price action breaking key levels and retesting them for continuation. Here's the technical analysis: ### Observations: 1. Trend Analysis: - The price has broken above the descending trendline, signaling a shift from a bearish to a bullish bias. - The breakout has been followed by a successful retest within the green zone, confirming it as a support level. 2. Key Levels: - Support: The green zone around 1.0480-1.0500 has acted as a strong support after the breakout. - Resistance: The chart highlights a target near the 0.5 Fibonacci level at 1.0694. 3. Retest Zone: - The blue highlighted area indicates a retest of the broken trendline and horizontal support. This confluence area strengthens the bullish case. 4. Fibonacci Levels: - The 0.236 Fibonacci level (~1.0424) was successfully held, suggesting that the retracement is over and the upward momentum may resume. 5. Potential Movement**: - The price is expected to continue its bullish movement, as indicated by the blue arrows, with a primary target around 1.0694. --- ### My Thoughts: This chart looks bullish, with a strong base formed around 1.0480-1.0500. Watching for further confirmation through price action, such as higher highs and higher lows, would be wise. However, a break below the retest area could invalidate this setup and shift the bias.
Long
by forexbeesignals
EURUSD. Daily Timeframe AnalysisHey traders and investors! The price has formed a sideways range. Sideways Range Boundaries: • Upper boundary: 1.06300 USD. • Lower boundary: 1.03319 USD. Movement Vectors in the Range The beginning of the last seller's sub-impulse (within the seller's impulse 4-5 in the range) is marked at 1.04584, which is near the 50% level (1.04271) of the last seller's impulse (vector 4-5 in the range). Buyers showed strength near the lower boundary, forming a buyer's zone (green rectangle on the chart), which may serve as support for further upward movement. The current buyer's vector is 5-6, with a potential target of 1.06098. Volume Analysis An increase in volumes is visible on the chart on January 24 and 27, 2025. The high volume at this level indicates active participation from both buyers and sellers. Special attention should be paid to the concentration of volumes on January 27 and 24 in the upper parts of the bars (blue line on the chart), which are above 1.04584. Currently, the seller has pushed the price back below 1.04584 (the beginning of the last seller's sub-impulse). This means that the volumes of the previous two days remain above. It looks like a level manipulation (false breakout). Key Trading Levels Buying Opportunities: • Look for buying patterns around 1.03319 (lower boundary). • A breakout above 1.05333 could open the way to 1.06098. Selling Opportunities: • Sellers may defend the 1.04584 level - look for selling patterns near this level. Potential targets - 1.03417, 1.03120 (monitor the reaction at 1.04116). The hourly timeframe can be used to identify entry points. I wish you profitable trades!
by AlexeyWolf
EURUSD 28 Jan 2025 W5- Intraday - US Durable Goods & ConfidenceThis is my Intraday analysis on EURUSD for 28 Jan 2025 W5 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Tariff Discussions Continue: President Trump and Treasury Secretary Scott Bessant focused on tariff policies in their recent statements. Bessant's Proposal: Bessant suggested a universal tariff starting at 2.5%, with a gradual monthly increase of 2.5%, potentially reaching up to 20%. Trump's Tariff Plans: President Trump announced plans to impose tariffs on computer chips, pharmaceutical producers, and industries like steel, aluminum, and copper. Trump's Push for Higher Tariffs: Trump expressed a desire for tariffs significantly higher than 2.5%, contradicting Bessant's proposal. This added further uncertainty to the market. 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 4H Demand and we could see some bullish move to facilitate the LTF pullbacks only. 3️⃣ 🔹Expectation is set for price to continue Bearish to facilitate the Daily Bearish Continuation. 15m Chart Analysis 1️⃣ 🔹Swing Bearish 🔹INT Bearish 🔹Swing Pullback Phase 2️⃣ 🔹Swing structure turned bearish after mitigating the Daily Supply zone. 🔹With the bearish BOS, a pullback is expected during the session today as we are mitigating the 4H Demand zone. 3️⃣ 🔹Expectation is set to continue bearish to facilitate the 4H Swing pullback and Daily Bearish continuation.
by Amr-Sadek
Euro maintaining uptrend due to short-term dollar weakness The short-term dollar weakness is leading to a notable appreciation of the euro. Within the ECB, there are varying opinions regarding the future rate trajectory, but the prevailing sentiment strongly leans towards the necessity of further rate cuts. ING Group is confident that the ECB will cut interest rates by an additional 25bp at its monetary policy meeting this week and will pursue more gradual easing throughout the year. It’s also crucial to closely monitor Germany's 4Q GDP and Spain's January CPI results set to be released this week. Germany's GDP (QoQ) is projected to drop to -0.1% from 0.1% in the previous quarter, while the market anticipates Spain's January CPI to rise to 2.9% from 2.8% in the prior month. EURUSD broke below EMA21 and retreated to 1.0430. However, the price is still holding an uptrend, sustaining bullish momentum.If EURUSD breaks above EMA21 and the resistance at 1.0455, the price could gain upward momentum toward 1.0530. Conversely, if EURUSD breaks below the channel’s lower bound, the price could test the support at 1.0400.
by inkicho_exness
EURUSD Analysis: Bull IncomingHello everyone, starting this sunday with a EURUSD Long Analysis: As we can see, we have recently entered a bullish trend and I believe we are really close to a great entry. As seen on the chart, the bottom trendline and what was this months highest resistance (now hopefully a support) are really close to be reached. and if the EURUSD keeps following the same trend as it has for now, we should have a solid trade. I expect price to reach 1.05559 where my TP will also be set. I have set the SL at 1.03969 which leaves room for the trade to breathe in case of high volatility during Mondays NY Session, which leaves us with a 3.02 Risk/Reward. Happy trading! Let me know your thoughts on this.
Long
by degitah
Bullish bounce off pullback support?The Fiber (EUR/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.0441 1st Support: 1.0372 1st Resistance: 1.0535 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.
Long
by ICmarkets
1
Gold: Under Attack, Key Support in DangerThe gold market is experiencing significant volatility, with prices undergoing a correction after approaching multi-month highs. Currently, XAU/USD is trading around $2,740, below the key resistance at $2,790, as recent declines reflect a mix of profit-taking, technical pressures, and macroeconomic factors. Recent selling has triggered a natural correction after prices neared significant resistance levels, while expectations for Federal Reserve rate cuts have been scaled back, strengthening the US Dollar and putting further pressure on gold prices. Algorithmic trading has also amplified the declines. Market sentiment has been impacted by comments from the US President regarding tariffs, which have boosted the dollar and reduced demand for gold as a safe haven. Additionally, weak PMI data from China in January has indicated economic contraction, fueling global risk sentiment and further weighing on gold. Despite the recent drop, gold previously benefited from a weaker dollar and geopolitical tensions, which pushed prices near record highs. However, trade concerns and the recent strengthening of the dollar have reversed this trend. Technically, gold finds provisional support around $2,730, although further bearish pressure could push it toward $2,700 or lower. The key resistance at $2,790 remains challenging to breach without positive macroeconomic momentum or a weaker dollar, while $2,730 acts as the first defensive level, followed by $2,700, which could serve as a stronger base. Traders should focus on upcoming events, including the Federal Reserve's rate decision on January 29, which will directly influence the dollar and, consequently, gold prices. A more hawkish stance could intensify pressure on gold. The European Central Bank’s decision on January 30 could also shift global sentiment, while US Q4 GDP data may play a role, as strong growth figures could further support the dollar and limit gold’s upside potential. Gold is currently in a correction phase, and while key resistance stands at $2,790, support near $2,730 remains crucial. If this support level breaks, gold could face additional downside pressure, though signs of a global economic slowdown or dovish signals from central banks could spark a recovery.
OANDA:XAUUSDShort
by EdgeTradingJourney
1