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Eurusdanalysis

EURUSD → Day Analysis | BUY SetupHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
1
EURUSD → Descending Wedge Support! Back up to 1.11!?EURUSD fell from the Resistance Zone into a two-legged pullback around the Daily 30EMA. There isn't much for bear strength, so are we in a position to long? How do we trade this? 🤔 A long could definitely be justified if we get a strong bull close above the Daily 30EMA. We have a two-legged pullback from the Resistance Zone, several doji and weak bear bars showing weak bears, and RSI, while below the Moving Average, is at 47.00 and has room to move up. I suspect that if we get that strong bull bar, the RSI will rise above the Moving Average, which would support the long position suggested. 💡 Trade Idea 💡 Long Entry: 1.09500 🟥 Stop Loss: 1.08100 ✅ Take Profit: 1.10900 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Two-legged pullback from the Resistance Zone 2. Multiple doji and weak bear bars as the price falls, showing weak bears 3. Support near the Daily 30EMA 4. RSI below Moving Average, but with a clear strong bull bar closing above the 30EMA, that could change 5. Once a strong bull bar closes above the Daily 30EMA, it's reasonable to long a 1:1 scalp 💰 Trading Tip 💰 It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
#EURUSD Waiting for X movement of ascending waveIn time H2 and H4, it is moving in a descending channel in the short term, which has corrected a three-wave step up to 61.8 Fibo. Therefore, if it returns to the green box area that has a PRZ, it will have the ability to return to the specified resistance range that has already been broken. In case of violation, it will touch the previous floor again. This upward movement can be a corrective wave X, which should then touch the bottom area of the 1.072 range, which I will examine later.
by alikze
EURUSD ANALYSIS: Long or Short?Hello Traders, Allow me to share my thoughts on the current EURUSD Pair. The current analysis of EURUSD reveals a complex price action, presenting challenges in determining a clear market position. On one hand, I could see an emerging/potential head and shoulders pattern, indicative of a possible bearish movement. This potential bearish bias is supported by a resistance zone that has consistently rejected price in recent times. On the other hand, the 800EMA has acted as a dynamic support by rejecting the price to the upside three times. Given these conflicting signs, it's essential to closely monitor price actions. I'm anticipating two scenarios: 1. A breakout below the fully formed head and shoulders pattern's neckline at 1.09026. This would trigger a sell position, with a target set at 1.07402. 2. A breakout above the resistance zone at 1.10071. This would trigger a buy position, with targets set at 1.11080 and 1.12300 respectively. At moment I will be a spectator. Cheers, and happy trading.
by Samuel124
2
Sellers are Ready for EURUSDPure technical analysis. EURUSD appears to have completed the 4th leg of Elliott Waves and is approaching previous support at 1.07464. There is still 1 leg of the Elliott Wave left to be fulfilled (leg E) which is predicted to be a pullback to the 0.618 Fibonacci zone, where there is equal high liquidity to be taken and then EURUSD will start a new wave (12345). For entry, wait for a pullback to the 1.01000 - 1.10485 zone and wait for signs of reversal (engulfing candles or double/triple top in the smaller time frame). Ride the bearish waves to the strong support zone at 1.06110, an area that was previously also a flip zone. Stop loss at level 1.11135 or slightly higher to avoid fakeout (stop loss hunting/purge). Cancel the setup if the price rises to 1.11135 with high volume.
Short
by adittiaduilocca84
Stuck in Limbo: A Leap to 1.15 or a Slide to 1.05 on the Cards? The EURUSD has been stuck in a range between 1.05 and 1.10 for around a year now. We're left wondering: could we see a breakout towards 1.15, or will it drop back to the bottom of the range at 1.05? What happens as the price dips below 1.08 could be crucial. Take a peek at the daily chart below. It shows us inching back down to an untested weekly BUY/DEMAND zone. This is where we last saw the price climb above 1.11 before it sharply dropped back within the 1.10 range. As the price makes its way back to this BUY/DEMAND zone, the selling momentum isn't all that fierce. Each time the price dips, buyers are quick to jump in. This might be hinting that big players are quietly building buy positions, possibly to break past 1.10 and head up to the 1.15 Monthly SUPPLY/SELL zone. Or they could just be waiting for this weeks news events?? My plan is to wait for the price to fall into the buy zone below 1.08, then look for a BUY signal on my TRFX indicator on timeframes above 6 hours. The first target for this position is the 1.10 area. I'll be keeping an eye on the momentum as we near 1.10. If it's strong, it might indicate buyers are targeting a move above the 1.11 high. However, if there's a clear break and close under 1.07, this idea won't hold, and the price will likely move back down to the bottom of the range at 1.05, which could also present buying opportunities. With the FOMC and NFP events coming up, these could be the catalysts for these moves. That's my view on it – hope you found it useful.
Long
by TheFxAce
6
EURUSD BEARS LOOKING FOR MORE DOWNSIDE !!!Hello Traders EURUSD is now trading in downtrend and ECB also looking for rate cuts so our expectations are a down till these design levels friends our R & R ratio is great on this trade lets see what markets give us this week have look on our Other analysis so you can understand why we are buying $ this week this is just an trade idea make a proper analysis before any trade and share Ur thoughts with us in comments on EURUSD it help alot of traders Stay tuned for more updates .......
Short
by APEX_TRADING_ACADMEY
EURUSD Analysis(➡️RR=2.00)🏃 EURUSD is moving in the 🔴 Resistance zone($1.0910-$1.0880) 🔴 and near the Downtrend line . 🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 4 at the 🔴 Resistance zone($1.0910-$1.0880) 🔴. 🔔I expect EURUSD to continue to Decline at least to the 🟢 Support zone($1.0800-$1.0756) 🟢. -------------------------------------------------------------------------------- EURUSD 🔴Position: Short ✅Entry Point: 1.08877 USD (Stop Limit Order) ⛔️Stop Loss: 1.09380 USD 💰Take Profit: 🎯 1.08372 USD RR==1.00 🎯 1.07869 USD Risk-To-Reward: 2.00 Please don't forget to follow capital management ⚠️ Please pay attention to the style of opening the position.⚠️ -------------------------------------------------------------------------------- Euro/U.S.Dollar Analyze ( EURUSD), 4-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
3