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Eurusdanalysis

EURUSD / UNDER FOMC PRESSURE / 4HEURUSD / 4H TIME FRAME HELLO TRADERS The price has declined by 60% after breaking out of a channel . Currently, the price is approaching a demand zone between 1.093 and 1.091. This zone is where buyers may step in, stabilizing the price. If the price stabilizes within this demand zone, it is expected to bounce up to the FVG between 1.098 and 1.102. The FVG represents a gap in the price where there was little trading, which often acts as a price target for retracement. If the price breaks through the FVG, it could rise further, targeting the supply zone between 1.105 and 1.108, where sellers may re-enter the market and apply downward pressure. On the downside, if the price fails to hold in the demand zone (1.093 to 1.091), it may decline further to another liquidity or demand zone around 1.088, where buying interest could once again materialize. Supply Zone : 1.105 and 1.108. Demand Zone : 1.093 and 1.091. FVG : 1.098 and 1.102.
Long
by ArinaKarayi
Correction and rebound down EURUSD. H4 08.10.2024Correction and rebound down EURUSD The euro has pushed down and formed a sellers zone at 1.1045-1.1085 from which I recommend to look for selling on the fall to the margin and option support at 1.0880. Also 1/2 margin zone falls into the sellers' zone and judging by the growing cumulative on the price drop, we will continue to fall after the pullback, so I do not change the priority. Keep in mind that within the medium term this is a general downward correction as the more global up trend continues. OANDA:EURUSD
Short
by KovachTrader
EUR/USD Buys from 1.09400 back upEU's market structure is currently very similar to other setups I'm watching. After a bearish run over the past week, I expect price to slow down as it approaches the key 7-hour demand zone I’ve marked out. Once price sweeps the liquidity at the equal highs (EQHs), I’ll be watching for accumulation on the lower time frames (LTF) before a potential mitigation of the 7-hour demand zone. If price doesn’t reach this demand and instead pushes up to mitigate a supply zone like the 15-hour or 5-hour above, I’ll shift my focus to selling in line with the bearish trend. For now, I’m waiting to see how the market behaves at the open to decide on the next move. Confluences for EU Buys: - The 7-hour demand zone has triggered a CHOCH to the upside. - There are major imbalances and liquidity above that need to be filled. - For price to retrace to the supply zone, it will need to move upward. - The US Dollar Index (DXY) is sitting in a strong supply zone, which could trigger a dollar drop and support bullish momentum for EU. Note: If price breaks through the demand zone, it will also break more significant structure to the downside, confirming a long-term bearish outlook for EU.
Long
by Hassan_fx
Slight Bearish Bias Driven by Key Fundamentals on EURUSDEURUSD Analysis for 04/10/2024: Slight Bearish Bias Driven by Key Fundamentals On October 4, 2024, the EURUSD currency pair demonstrated a slightly bearish bias, driven by a mix of fundamental factors and market conditions that traders and investors should consider. Below is a breakdown of the key elements that contributed to the downward pressure on the pair: 1. Stronger US Dollar Supported by Economic Data One of the primary drivers behind the bearish momentum in EURUSD was the strength of the US Dollar. On October 4, 2024, the U.S. released better-than-expected economic data, particularly in the areas of job growth and manufacturing output. These positive data points boosted investor confidence in the USD, further supported by hawkish remarks from Federal Reserve officials suggesting that interest rates may remain elevated for a prolonged period. The robust performance of the U.S. economy reinforced expectations that the Federal Reserve could maintain its aggressive stance on monetary tightening, leading to an increase in demand for the USD. The stronger dollar naturally weighed on the EURUSD pair, pushing it into a bearish zone as the market priced in the possibility of further rate hikes. 2. Weaker Eurozone Inflation Data On the European side, the euro faced pressure due to weaker-than-expected inflation data from key Eurozone countries. The latest CPI readings revealed that inflation in the Eurozone is slowing down, raising concerns that the European Central Bank (ECB) might be hesitant to pursue further rate hikes in the near future. The ECB’s more dovish outlook, in contrast to the Fed’s hawkish stance, created a divergence in monetary policies between the Eurozone and the United States, contributing to the bearish sentiment in EURUSD. Traders speculated that the ECB would likely adopt a more cautious approach in order to support the slowing Eurozone economy, which weighed on the euro. 3. Geopolitical Tensions in Europe Another factor contributing to the bearish bias in EURUSD on 04/10/2024 was the ongoing geopolitical uncertainty in Europe. Continued tensions surrounding energy supply issues in the region, exacerbated by political disagreements between key European countries and external suppliers, have caused instability in the euro. The energy crisis in Europe is making investors cautious, further eroding confidence in the euro. 4. Risk-Off Sentiment Global markets were in a broader risk-off mode on October 4, 2024, as concerns about the global economic slowdown and geopolitical instability grew. Investors sought safe-haven assets, including the USD, while riskier assets like the euro faced downward pressure. The general risk-off environment encouraged selling in EURUSD, especially as global investors moved towards the more stable US dollar amidst uncertain global conditions. Conclusion: EURUSD Outlook The combination of a strong US dollar, slowing Eurozone inflation, divergent central bank policies, and geopolitical tensions in Europe contributed to the slight bearish bias seen in EURUSD on 04/10/2024. While the U.S. economy continues to show resilience, the Eurozone faces challenges, particularly in terms of inflation and geopolitical risks, further increasing the likelihood that EURUSD will continue to experience bearish pressures in the near term. As a trader or investor analyzing EURUSD, it’s essential to monitor both U.S. and Eurozone economic data closely, as well as central bank communications, as these will play a critical role in determining the future direction of the pair. For those with a bearish outlook, short positions could be explored, while those expecting a reversal should stay alert to any signs of dovish shifts from the Federal Reserve or improvements in Eurozone inflation data. Keywords for SEO: - EURUSD analysis - Slight bearish bias - EURUSD forecast - Federal Reserve interest rates - US Dollar strength - Eurozone inflation data - ECB monetary policy - Trading EURUSD - Geopolitical tensions Europe - EURUSD daily update - EURUSD bearish outlook
Short
by PERFECT_MFG
Bearish Bias Amid Current Market Conditions on 04/10/2024 on EU.EUR/USD Analysis: Bearish Bias Amid Current Market Conditions on 04/10/2024 The EUR/USD currency pair remains under pressure today, displaying a potential bearish bias as it reacts to a variety of fundamental factors. Given the recent economic data releases, geopolitical tensions, and shifts in central bank policy expectations, traders and analysts alike are paying close attention to the euro's response to the ongoing USD strength. Below, I outline the key drivers influencing this potential downward movement and assess why EUR/USD could sustain a bearish outlook in today's market. 1. Strengthening US Dollar Amid Robust Economic Data The USD continues to strengthen, supported by a robust US economic backdrop. Recent reports on US employment data, consumer spending, and manufacturing growth have exceeded expectations, suggesting sustained resilience in the American economy. This string of positive data adds further weight to the Federal Reserve's hawkish stance on interest rates, which has been a key factor driving USD demand. For EUR/USD, this USD strength puts downward pressure on the pair as investors seek USD exposure. 2. ECB's Cautious Approach to Rate Hikes In contrast, the European Central Bank (ECB) has adopted a more cautious tone in its recent policy communications. With slowing inflation in some Eurozone regions and subdued growth forecasts, ECB officials have hinted that the cycle of aggressive rate hikes may be nearing an end. This dovish stance from the ECB decreases the attractiveness of the euro in the EUR/USD pair as markets adjust to lower expectations of rate hikes in Europe, adding to bearish sentiment. 3. Geopolitical Risks Impacting Euro Sentiment Geopolitical concerns are another significant factor influencing the EUR/USD pair. Energy dependency and rising costs within the Eurozone, exacerbated by ongoing geopolitical tensions, add to the challenges facing the euro. As these concerns heighten risk aversion, market participants are inclined to favor the safer USD over the euro, further contributing to the bearish outlook on EUR/USD. 4. Technical Indicators Signal Downward Momentum Technical analysis supports the fundamental view of a bearish bias for EUR/USD today. The currency pair has recently broken through key support levels, and technical indicators such as the Relative Strength Index (RSI) and moving averages are reflecting continued downward pressure. The current trend, coupled with these bearish technical indicators, suggests further declines may be on the horizon. Conclusion: Bearish Bias for EUR/USD on 04/10/2024 In conclusion, today’s EUR/USD analysis reflects a bearish bias based on robust US economic performance, a cautious ECB, geopolitical factors, and technical indicators that support downward momentum. As market participants remain focused on these driving factors, EUR/USD is likely to encounter increased selling pressure, favoring a bearish outlook. Traders should continue monitoring these developments as they impact EUR/USD dynamics throughout the day. Keywords: EUR/USD analysis, bearish bias, US Dollar strength, Federal Reserve hawkish stance, European Central Bank rate hike, euro sentiment, EUR/USD technical analysis, EUR/USD 04/10/2024, EUR/USD bearish today, forex trading, forex market analysis.
Short
by PERFECT_MFG
Potential Slightly Bearish Bias today 03/10/2024 on EURUSD.EURUSD Overview: Slight Bearish Bias in Focus As of 03/10/2024, EURUSD is facing potential downward pressure, with various key factors suggesting a slightly bearish bias for the trading session today. This article dives into the current market conditions and fundamental factors driving this bias, offering valuable insights for traders and investors alike. The analysis focuses on economic data releases, central bank policies, and geopolitical influences that could impact the EURUSD movement. Let’s explore the main factors at play. Key Fundamental Drivers Behind the EURUSD Bearish Bias 1. US Dollar Strength Supported by Economic Data The US dollar continues to gain support, driven by robust economic data from the United States. Yesterday's stronger-than-expected ISM Manufacturing PMI for September reinforced the idea that the US economy is holding firm, even amidst rising interest rates. This economic strength is fueling expectations that the Federal Reserve will maintain its hawkish stance, keeping interest rates elevated for a longer period, which bolsters the US dollar and applies downward pressure on the EURUSD pair. 2. European Economic Weakness On the European side, the euro remains under pressure due to weaker-than-expected economic data across the Eurozone. The recent German unemployment figures showed an unexpected rise, highlighting the ongoing economic challenges in the region’s largest economy. Furthermore, inflation in the Eurozone has been cooling off, reducing the pressure on the European Central Bank (ECB) to raise rates aggressively. The divergence between the economic performance of the Eurozone and the United States continues to weigh on the euro. 3. Central Bank Divergence: Fed vs. ECB The divergence in monetary policies between the Federal Reserve and the European Central Bank is a key factor contributing to EURUSD's bearish outlook today. The Federal Reserve’s hawkish tone, indicating that interest rates will stay higher for longer, contrasts with the ECB’s recent softer stance, especially after comments suggesting a potential pause in future rate hikes due to slowing economic activity in the Eurozone. This policy divergence is likely to continue pushing EURUSD lower. 4. Geopolitical Concerns and Risk Sentiment Geopolitical concerns in Europe, particularly ongoing uncertainty in Eastern Europe, also weigh on market sentiment, favoring safe-haven assets like the US dollar. Additionally, risk-off sentiment in global markets could exacerbate the downward movement in EURUSD today. Traders are closely watching any developments that could further impact risk appetite. 5. Technical Analysis Indicating Downward Momentum From a technical perspective, EURUSD has been trading below key resistance levels in recent sessions. The 50-day moving average remains above the current price action, signaling continued downward momentum. Additionally, RSI (Relative Strength Index) is hovering around neutral levels but shows a slight inclination towards the bearish side. These technical factors support the slightly bearish bias for the day. Conclusion Based on the latest fundamental factors and current market conditions, EURUSD is expected to maintain a slightly bearish bias today. The strengthening US dollar, coupled with weak Eurozone economic performance and diverging central bank policies, creates a challenging environment for the euro. Traders should monitor key support levels, as a break below could signal further downside potential. As always, geopolitical risks and upcoming economic data releases could introduce volatility, so keeping an eye on market updates is essential for traders. Keywords for SEO Optimization: EURUSD analysis, EURUSD forecast, EURUSD bearish bias, 03/10/2024, Forex trading, Euro to USD, US dollar strength, Euro weakness, ECB policy, Fed policy, EURUSD technical analysis, Forex market update, EURUSD today, EURUSD trading strategy. By incorporating these key factors into your trading strategy, you can stay ahead of the market and make informed decisions on EURUSD.
Short
by PERFECT_MFG
Rebound of EURUSD to the lower boundary H4. 03.10.2024Rebound of EURUSD to the lower boundary Euro is forming a correction downwards and judging by the options, will be taken out to the area of 1.1000. This analysis was shown in advance in a private channel for subscribers when a deep correction downwards was confirmed, and later clarified by options. From the lower boundary near 1.10 we will catch buys when confirmed. Cumulative delta rising on a decline is a sign of a pullback and continuation of the decline, so I am not in a hurry and waiting for a rebound with confirmation of a reversal. OANDA:EURUSD
Short
by KovachTrader
EURUSD Multi TImeframe Analysis 03.10.2024M15 Swing and Internal Structures are both Bearish aligned with 4H Structure. If you are looking for Longs, beter be cautious. The price is now in Daily Demand zone and approaching to old 4H Demand but this low is likely to be taken so I don't think it is going to hold long but we might see fake 15m bullish breaks in this 4H demand before it fails. Ideally wait price to mitigate 15m Supply to take shorts which would be more probable than long positions. Check 4H and Daily Analysis below
Short
by alplaila
EURUSD / TRADING UNDER DOWNWARD PRESSURE - 4HEURUSD / 4H TIME FRAME HELLO TRADERS The prices are currently trending lower, indicating a bearish market sentiment. The next move depends on whether the prices break below or hold certain levels. Zone between 1.112 and 1.110 , This is identified as a key demand zone, meaning buyers may step in here to prevent further decline. If prices hold in this zone, there’s potential for a reversal upward. If the price closes below this range based on a 4-hour candle , it suggests continued bearish momentum. If prices fall below the demand zone, the next target would be between 1.107 and 1.104. This area is likely seen as a FVG , where the price may stabilize or find new demand. Stabilizing above 1.112 indicates bullish strength and suggests potential upward movement ,The next resistance levels are 1.117 and, if broken, the price could further rise to 1.122. Supply Zone : 1.117 and 1.125. Demand Zone : 1.112 and 1.110. FVG : 1.107 and 1.104.
Short
by ArinaKarayi
Anticipating a Slightly Bearish Bias on EURUSD for 02/10/2024.EURUSD Analysis for October 2, 2024: Anticipating a Slightly Bearish Bias As we head into October 2, 2024, the EURUSD currency pair is showing potential for a slightly bearish bias based on the latest fundamental factors and current market conditions. Traders and investors are keeping a close eye on several key drivers that could influence the pair today. In this article, we'll delve into the core reasons for this bearish outlook and highlight the critical elements that may impact the EURUSD price movement. 1. Diverging Economic Data Between the Eurozone and the U.S. One of the primary factors contributing to the slightly bearish sentiment for EURUSD today is the divergence in economic performance between the Eurozone and the U.S. economy. Recent data from the Eurozone, particularly weaker-than-expected manufacturing PMI figures and concerns about stagnation in key economies like Germany, have cast doubt on the region’s growth prospects. This has added pressure on the Euro, potentially pushing it lower against the U.S. Dollar. On the other hand, the U.S. economy continues to show resilience, supported by stronger-than-expected GDP growth and robust labor market performance. This economic divergence favors the U.S. Dollar, strengthening it against the Euro. 2. Monetary Policy Divergence: ECB vs. Federal Reserve The monetary policy stance of the European Central Bank (ECB) versus the Federal Reserve is another important factor driving the bearish outlook for EURUSD. The ECB has recently adopted a more cautious stance, signaling that further rate hikes may be limited due to concerns over economic growth. This dovish tone is weighing on the Euro as market participants anticipate a slower pace of tightening. In contrast, the Federal Reserve has maintained a more hawkish approach, with hints of further rate hikes if inflationary pressures persist. This divergence in policy direction increases the appeal of the U.S. Dollar, adding to the downward pressure on EURUSD. 3. Geopolitical Risks in Europe Geopolitical tensions in Europe, including ongoing uncertainty surrounding energy security and the war in Ukraine, continue to weigh on investor sentiment. These factors are likely to keep the Euro under pressure, as risk-averse investors may flock to safe-haven assets like the U.S. Dollar. Any escalation in these tensions could exacerbate the bearish trend for EURUSD. 4. Market Sentiment and Technical Analysis From a technical perspective, EURUSD appears to be trading below key resistance levels, reinforcing the bearish outlook. The pair has struggled to break above the 1.0600 level, and the downward trendline remains intact. Short-term momentum indicators, such as the Relative Strength Index (RSI), suggest bearish momentum is building, supporting a case for a further decline. Additionally, with risk sentiment favoring the U.S. Dollar amid global uncertainty, the Euro may struggle to find strong support unless positive economic data or ECB intervention changes the narrative. Conclusion: EURUSD to Maintain a Slightly Bearish Bias Today Given the combination of weaker Eurozone economic data, diverging monetary policies, geopolitical risks, and bearish technical indicators, EURUSD is likely to face a slightly bearish bias on October 2, 2024. Traders should closely monitor developments in Eurozone economic reports and any potential statements from ECB officials for further clues on the pair’s direction. Keywords for SEO: EURUSD analysis, EURUSD forecast, EURUSD today, EURUSD October 2 2024, EURUSD bearish bias, Euro to USD forecast, Forex trading EURUSD, Eurozone economic data, ECB monetary policy, EURUSD technical analysis, EURUSD price action, EURUSD market sentiment, Forex strategy EURUSD, TradingView EURUSD article. By staying informed of these key drivers, traders can better position themselves in the market and make informed decisions regarding the EURUSD pair today.
Short
by PERFECT_MFG
EUR/USD Long Trade Setup - 30 Minute Timeframe🔍 Setup Breakdown: Downtrend observed with a break of the descending trendline. Expecting a retracement to previous support levels around 1.1076 for an entry. Entering long after confirmation at the retracement level, targeting multiple take profit (TP) levels. 🎯 TP Levels: TP 1: 1.10864 TP 2: 1.11143 TP 3: 1.11437 TP 4: 1.11650 TP 5: 1.11973 💡 Strategy: Entry Condition: The price must close above the specified entry point on a 30-minute candlestick chart. Retracement and Entry: Following the close above the entry point, monitor for a retracement back to the entry level. Once the price returns to this level, initiate a trade at the new resistance level (which corresponds to the initial entry point). 🛑 Stop Loss: Below 1.10500 to manage risk.
Long
by PipShiesty
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