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Eurusdanalysis

EURUSD Technical Analysis and Trade IdeaIt is evident in this chart that the EURUSD has experienced a considerable retracement following a previous rally. When examining the weekly and daily time frames, we can observe an upward trend in the EU. Most recently, there has been a bearish move within the 4-hour time frame, leading down to critical support levels. The video delves into analyzing the trend, price action, market structure, and other technical aspects. Towards the video's conclusion, a potential trade opportunity is discussed. It is essential to note that this information is not intended as financial advice.
by fxtraderanthony
DeGRAM | EURUSD long idea from confluence levelEURUSD rebounded from the support level. Price potentialy can create a AB=CD pattern where D point completes right at the 1.13000 level. The market is trading in the ascending channel, and it's still consolidating. Price created fibonacci 61.8% level and a support level at the border of the channel. We expect a double bottom formation or false break at support to confirm that bears have run out of steam. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
3
EURUSD Quick Analysis and Trade IdeaHere we look at the EURUSD currency pair. It's evident that it has significantly surpassed its average trading range and reached a crucial resistance level in both monthly and weekly charts. The question arises: Will this rally continue or will there be a pullback from its current position? As it is Friday, the actions of smart money can unpredictably influence the markets, likely favoring their interests. Here are some possible outcomes. Please note that everything discussed in the video is for informational purposes only and should not be considered as financial advice.
Short
by fxtraderanthony
DeGRAM | EURUSD retracement expectedEURUSD is approaching the major psychological level at 1.13000 by completing the AB=CD pattern. The market is near the fibonacci extension levels and channel border. We had 6 consecutive bullish days, and we should see some retracement because the market can't go up in a straight line. We expect a bearish move; all confluences tell us that price could make a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
5
DeGRAM | EURUSD short term correctionEURUSD is decelerating while approaching the resistance level. If price action prints a double top, the market might retrace from this level. On the 4-hourly timeframe, the market is in overbought territory. We anticipate a short-term bearish move; all confluences indicate that the price may pullback. It is going to be a structure-based trade. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Short
by DeGRAM
3
Seizing Short-Term Selling Opportunity After Key Level Breakout?"We have broken out of the 1.11 level, with the price showing signs of being excessively overbought on the lower timeframes. As we approach the weekly swing high from 2022 at 1.118, we can anticipate a short-term retracement below 1.11. Therefore, I am currently seeking a short-term selling opportunity, watching for signals on my TRFX indicator above 1.115. My target for this trade is 1.106, which was previously a resistance level and is now expected to act as support. In the long term, there is a possibility of the price moving higher. However, considering the overbought conditions and the price nearing a weekly swing high, we can anticipate some short-term resistance. Once the signal is confirmed, I will place the stop loss above the 2022 swing high. As the trade progresses, I will adjust the stop loss to the entry price." Please note that trading decisions should be made based on thorough analysis and understanding of the market.
Short
by TheFxAce
13
EURUSD 10RR LONG ANALYSISThe past two days have been wonderful personally, having caught a 14RR move on Monday and now catching a 10RR move on Tuesday. EURUSD has been long for a couple of months and all I have done is to wait for bearish retracements and look to position myself into longs to continue its bullish push. This trade is a product of patience and understanding, you can see all my previous posts to see how my bias has remained unchanged and my thought process has been consistent.
Long
by udonahi
DeGRAM | EURUSD price above the psychological zoneEURUSD rebounded from the support level by breaking previous highs. The market is trading in the ascending channel. It closed above the psychological level at 1.1000. Price created fibonacci inversion at the border of the channel. We expect a double bottom formation or false break at support to confirm that bears have run out of steam. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1