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Eurusd1hr

EURUSD: Fall or rise focus here This is its 1h chart. It can be clearly seen that it has gone through a downward trend channel in the early stage. It has recently stepped out of this channel and built a small bottom. It is currently testing the first resistance and whether it can convert the resistance to support. is the most important thing right now. To judge it, in addition to analyzing its own trend, we also need to analyze it in combination with the trend of DXY. In EURUSD's 1h chart, it is currently stepping back to MA30, but the overall pattern is still more advantageous for bears. The lower MA60 is near 1.070, and the support here will be relatively more effective. In the 1h chart of DXY, MA30 has just been broken, and MA60 is near 103.8. If it cannot break through by then, it will fall back again, confirming the support of MA20. On the 1D chart, the strong support of DXY is around 102.4, and the resistance is 103.85. If it breaks through, the top can reach around 105.6. It can be inferred that EURUSD will still be under pressure at 1.088 with a high probability. Of course, to reach 1.088, the process of turning the current resistance into support must first be completed. In the near future, focus on the support around 1.073-1.069. Resistance near 1.08-1.09. If it falls below the support, there is a certain probability that the bottom will be around 1.048 (DXY105.6)
Short
by EagleEyeStrategy
EURUSD 25/04/2023 UPDATEHi Traders! Our EURUSD idea on the 25/04/2023 was absolutely smashed, which resulted in a fantastic risk to reward setup. We reached the price target of 1.10760 before retracing around the 1.0956 level which is the now the new resistance. There was a further push to the downside and we are now ranging looking for direction, trading opportunities will come soon and will post as soon we find any. Make sure you stay tuned! As always, your support is greatly appreciated! BluetonaFX
by BluetonaFX
BluetonaFX - EURUSD 1H Chart Trade IdeaHi Traders! We had a breakout of the short term resistance level of 1.10004 which then led to a pullback around the 1.10671 level as the market tried to re-test the main resistance level of 1.10760 which made a double top formation. If the market stays below 1.10671 we are likely to see a re-test of 1.10004 as support with the 100 moving average also near that level at 1.09983, any breaks above 1.10671 we are likely to see another re-test of the main resistance at 1.10760 and if that breaks, there is potential of a further push to the 1.11000 level. Please don't forget follow, like and comment, there will be plenty more to come from us over the next few days and weeks - your support is greatly appreciated! BluetonaFX
by BluetonaFX
2
Go long on EURUSD, this will enable you to profit from it In the 30-minute chart, there is currently a pullback after an uptrend, while in the 2-hour chart, there are clear bullish signals and the MACD indicator is about to form a golden cross, presenting a great opportunity to go long. Yesterday, I shared these ideas with my friends , who were the first to see my strategies. In addition, I also have trading strategies for Bitcoin, gold, crude oil, GBPUSD, and USDCNY, all of which are medium-term strategies and excellent for those who prefer to trade on a medium-term basis. Of course, if you prefer to trade quickly, you can still find trading opportunities from the charts. Traders, if you like my sharing, please follow and support me. I will post more interesting trading information involving gold, crude oil, forex, cryptocurrency, and stocks. If you have any questions, please leave a message in the comment section, and I will answer them for you.
Long
by EagleEyeStrategy
EURUSD H1Hello traders, EURUSD is setting up for a downside move, i am currently waiting for price to break the downside support level which is also possible to become head and shoulder neckline. If price break that area and give me a beautiful retest i will be looking for a short position opportunity, in case price doesn't break the support level or neckline of head and shoulder and give me a impulsive break to the upside red trend line i will be looking for a short term long position opportunity up to previous high, this is my view about EURUSD. watch EURUSD according to your own trading strategy and look for a short position opportunity for a short term trade setup after breakout of support. If price go to the upside without hitting the support level then i will be let it go and this setup will be invalidate. This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis. I wish you good luck in trading.
Short
by TheLoserMan
20 Reasons BUY EURUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: bullish trend also filled corrective wave 2:📆Monthly: after a valid low price goes to a corrective back formaatting a builduo here in favor of bulls 3:📅Weekly: choch done also make support with proper lower high low 4:🕛Daily: bullish structure here stating an impulsive move 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bullish 6: 2 Pattern Candle Chart: record session count and correction done 7: 3 Volume: bullish volume is in power 8: 4 Momentum UNCONVENTIONAL Rsi: protected 40 areas also bullish formation here long consolidation 9: 5 Volatility measure Bollinger bands: walking on the band and middle band support 10: 6 Strength ADX: sharp bear dmi up, but bulls are still in power 11: 7 Sentiment ROC: eur stronge ✔️ Entry Time Frame: h1 12: Entry TF Structure: right now is bearish, but based on sentiments and bigger tf, we are seeking buy entries only 13: entry move: impulsive 14: Support resistance base: h4 d1 15: FIB: trigger event done ☑️ final comments: test entry. If it confirms, add 2nd entry at the upper side breakout 16: 💡decision: buy 17: 🚀Entry: 1.07609 18: ✋Stop losel:1.0773 19: 🎯Take profit:1.089 20: 😊Risk to reward Ratio: 1:5 🕛 Excepted Duration: 2 days
Long
by Optimum369
EURUSD ROAD TO 1.16 AND BEYOND!The EURUSD IS LOOKING PROMISING! Many positive economic data and a recovery in its economy has been surrounding the EURUSD lately. As US has attempted to drag the EURUSD down with its rapid increase in interest rates the EURUSD has had a strong recovery as well. On september the EURUSD was at a price of $0.99 for the first time since 2002! IT WAS A NO BRAINER BUY IF YOU SAW IT AT THOSE PRICES!!! Here are other factors that are influencing on its rise: Strong economic data: The Eurozone has recently seen positive economic data. This suggests that the Eurozone economy is recovering from the previous economic attack, which may support the value of the euro. Interest rate differentials: The European Central Bank (ECB) has kept interest rates low, while the US Federal Reserve has been alarmingly increasing interest rates. This could make the euro relatively more attractive compared to the US dollar, as investors seek higher returns on their investments. Weakness in the US dollar: The US dollar has weakened against other major currencies recently, in part due to concerns about rising inflation and the potential for the Federal Reserve to raise interest rates more. This has made the euro relatively more valuable in comparison. Have a nice day!
Long
by CryptoGao1
EURUSD: Buy at low levels On the 30-minute chart, we can see that the recent lows have been steadily rising, indicating an upward bias in the trend. On the 1-hour chart, the current market is near support (which was previously a resistance level, but was broken through yesterday and has now become a support level). As long as there is no significant break below this level, buying at these low levels is possible. The target reference point is the previous high, with a potential break above targeting around 1.08. Support below is at 1.065-1.063.
Long
by triumphing
4
EUR/USD: Short at 1.0570-1.0580 Range Following the remarks of the Chairman of the Federal Reserve, the market has returned to a state of volatility after two trading days of digestion. This volatility is unlikely to be broken before the release of US non-farm payroll data in February, and the market needs such adjustments to repair the impact of the previous sharp drop. Therefore, today's market trend will be relatively simple. In the face of this volatility, the most suitable operation for EUR/USD is naturally to short on rallies. Based on the market situation, the following recommendations are given: Short at the range of 1.0570-1.0580, with targets at 1.0550, 1.0530, and 1.0510, and stop loss to be determined based on individual circumstances. FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD
Short
by investmentMr-X
6
EUR/USD: High position short Today's impressive PMI data released by the Chinese government has led to a significant influx of funds into the renminbi in the international market, causing the US dollar index to suddenly fall. This is clearly a short-term impact and will not fundamentally change the overall situation. Therefore, after the abnormal market volatility dissipates, the market will return to its original rhythm. As for the operation of the US dollar index, the short-term level is still judged as looking for opportunities to buy on dips. Correspondingly, for the EUR/USD currency pair, it is recommended to short at the high point and combined with market analysis, the following suggestion is given: Short position recommended in the range of 1.0640-1.0660, with targets at 1.0620, 1.0600 and 1.0580. FX:EURUSD TVC:DXY FX:AUDUSD FX:USDJPY
Short
by investmentMr-X
8
EUR/USD: Sell on Highs Yesterday, X made it clear that the impact of news is only short-term, and once the energy is depleted, it will return to its original pace. So far, this view is correct. The current market trajectory has begun to gradually recover, which will also help predict future trends. Since the market has gradually started to recover and entered the original operating rhythm, the trend of the US dollar index will also be relatively easier, after all, the overall direction is still bullish, while EUR/USD is bearish. In summary, it is recommended to sell on highs for EUR/USD today, combined with the market conditions and the following suggestions: Short at the range of 1.0660-1.0670, with a stop loss of 20 and targets at 1.0640, 1.0620, and 1.0600. FX:EURUSD
Short
by investmentMr-X
1
EUR/USD: PCE surprises higher, go short! Euro/US Dollar. Today the overall trend for the US Dollar Index is bullish, corresponding to the Euro-American currency, it is recommended to short at high levels. Based on the market conditions, the following suggestions are given: Short at the 1.0560-1.0570 range, with a stop loss of 20 points, and targets of 1.0540, 1.0520, and 1.0500. Here is the analysis: Last Friday, the US released the January PCE price index data, in which the year-on-year PCE price index in January was higher than the previous value and the estimated value, and the core PCE price index was also higher than the previous value and the estimated value. This indicates that domestic inflation in the United States rebounded significantly in January, causing the PCE index to rise. Not only the ordinary annual rate and monthly rate increased, but also the core annual rate and monthly rate increased. This phenomenon is very abnormal. Although the Fed has been continuously raising interest rates and interest rates have been rising, this tightening policy will undoubtedly damage the economy. However, in order to control inflation, the Fed can't do much, so they can only raise interest rates quickly. Affected by this, the US Dollar Index has been continuously rising recently, and the trend in the near future has basically been determined to be in the direction of an uptrend. In terms of operation, the short-term trend is mainly bullish on the US dollar, so we should buy the US Dollar Index at low levels and short non-US currencies at high levels. This is the main operating strategy for today, for reference! Please click to follow and maintain your reading habits. If you agree with this viewpoint, please click the rocket to support. FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD
Short
by investmentMr-X
8
EUR consolidation period EUR Nowadays very Manipulating pair Where seller and buyer both hits SL. due to different factor now it is giving clear direction price going up and creating HH And HL. As previous we can see it followed its channel very smoothly if price again acted on thats channel comes and take channel Support chance to creat again new HH.And then down i am considering thats zone as a consolidation where no proper direction. For proper direction i am waiting breakout of channel on any direction Lets see How eur act in coming days. and how fundamental data affect on it
by forexomni