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Eurusdanalysis

EURUSD Analysis. plan for next week.Hello Everyone. I want share my idea about EURUSD pair. After pretty bullish movement we have clear bearish movement. Friday we had some pretty bullish movement then it touch to trendline and got strong rejection, but it stopped at the support which is at 1.10. In my opinions this pair is still bullish, if we look at DXY index we will see some interesting movements, next week will be crazy for US Dollar we have some big news which will show us real movement of dollar. I am still looking to dollar bearish because on high timeframe its going to show us new high which will be the best entry for all pairs for long, for this pair will be great opportunity for open our long position. I think this little bearish movement will continue it will go into high volume area and from here we will see another big move. Why i think that, on US Dollar index is bearish which i think in this month will retest big support zone at 98.000, for that all pair of dollar will retest their strong resistances. Here is my 3 simple price movement of this pair. Bullish 1/1 - price has huge reaction from little support LVL at 1.10 brake daily bearish trendline and going up. Bullish 1/2 - price brake support at 1.10 coming into high volume area and from here starting strong move upside. Bearish 2 - price movement downside is strong it coming into high volume area, brake daily support and weekly trendline, then retest it and with huge move its coming down. Be Patient!!! Make your chart simple!!!
Long
by elmakacho
EUR/USD Market Dynamics: Comprehensive Analysis for Sept. 2023The EUR/USD market analysis reveals a complex landscape in September. Concerns over the Euro's weakness are raised by prominent institutions, while key support levels hold. The contrast between the US and the Eurozone's economic situations and concerns over inflation drive market sentiment. Scotiabank's analysis indicates potential gains above 1.10, but the market faces near-term uncertainties. Traders are eyeing upcoming economic data to shape their strategies. ANALYSIS: Fundamental Analysis: The Eurozone's economy is showing signs of weakening, and there's potential speculation about a rate cut. The uncertainty surrounding ECB policy contrasts with a relatively more robust economic outlook in the US. Technical Analysis: EUR/USD is currently trading near resistance at 1.0990. The 55-day and 100-day SMAs at 1.0930 and 1.0924 provide interim support, with significant support at 1.0912. Resistance at 1.1040/45 acts as a crucial barrier. TRADE IDEA DETAILS CURRENCY PAIR: EUR/USD CURRENT TREND: Range-bound with a downside bias TRADE SIGNAL: SELL (Based on the Eurozone's economic weakness and technical resistance levels) 👉ENTRY PRICE: 1.0990 (Current resistance level and near-term high) ✅TAKE PROFIT: 1.0912 (August low, representing a key support level) ❌STOP LOSS: 1.1040/45 (Potential bullish trigger, marking a critical resistance area) The collective analyses paint a mixed picture for EUR/USD, with underlying economic fundamentals and technical indicators guiding market sentiment. As September approaches, traders and market strategists will closely monitor key economic data and central bank positions, balancing optimism with caution in the face of potential challenges for the Euro. Attention to these factors will likely be instrumental in shaping trading strategies and investment decisions for the EUR/USD currency pair in the coming month.
Short
by RichDadph-FX
EURUSD Analysis 7Aug2023At the end of the week, the trendline is holding steady and there are limits to the potential returns. However, we can observe that the bearish trendline has been positively responded to three times, which is often a signal that the bearish trend is still dominant. Additionally, there is a liquidity area (highlighted in yellow) below SND that typically receives a positive response from the price in the future. It is likely that the price will fall further than the liquidity area.
by Hokusai_FX
An important swing low has formed on EUR/USDEUR/USD formed a bullish pinbar last week, and Friday's bullish range expansion formed part of a 3-day bullish reversal (morning star pattern). It appears an important swing low formed on Thursday, and any pullback towards Thursday's high will catch our bullish interest. Prices are flirting with a break below 1.10 ahead of the European open, and perhaps we'll see a bearish spike or two before bullish momentum returns, although prices are holding above the weekly pivot point. AN initial target is 1.1020, then on to Friday's high.
Long
by CityIndex
EURUSD Road Map🗺️!!!(4-hour time frame⏰)After the EURUSD failed to break the 🔴heavy resistance zone($1.1185-1.110)🔴 and created a bull trap , it started to fall and started corrective waves . 🔔Currently, EURUSD is breaking the uptrend line, and I expect EURUSD to fall at least to the 🟡 Price Reversal Zone(PRZ) 🟡 and support line. 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
9
EURUSD Technical Analysis and Trade IdeaThe EURUSD currency pair has retraced towards a significant resistance level. In the video, we conduct a comprehensive technical analysis, examining the trend, market structure, price action, and other essential aspects clearly visible on the chart. Towards the conclusion of the video, we explore a potential trade setup. It is important to note that the information covered in the video should not be interpreted as financial advice.
Short
by fxtraderanthony
DeGRAM | EURUSD major support levelEURUSD is pulling back to the demand level, where price made a momentum move. Price is near the confluence level: global dynamic support and the 50% fibo level on the 4 hourly chart. The market is bullish on the daily chart; therefore, we anticipate a bullish move from the confluence level because price is pulling back against the major trend. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
4