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Eurusdanalysis

EURUSD / BREKOUT ASCENDING CHANNEL - 4H EURUSD Tendency , the price is under bullish pressure , until trading above turning level at 1.101 . Turning Level: The price is currently trading above this level around 1.101. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 1.095 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.101. If the price reaches 1.095 , and stabilizes below it, it will likely attempt to reach support level (2) support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.088 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.078 . Resistance Level (1): As long as the price remains above the turning level of 1.101 , it suggests a rising towards 1.108 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.113 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.116 . Channel Trend: breakout ascending channel . TARGET LEVEL : RESISTANCE LEVEL : 1.108 , 1.113 , 1.116 . SUPPORT LEVEL : 1.095 ,1.084 , 1.78 .
Long
by ArinaKarayi
EURUSD, Ready to fall ?Hello Traders, Hope you are doing great. for upcoming week, we'll probably see the continuation of upward movement to Specified Red zone at first, and after that we'll probably see a fall to specified dashed lines. so with a proper trigger we can open a short position. we also have regular divergence in 4H and Hidden Divergence in Weekly time frame. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS.
Short
by aminrzb
17
EURUSD at a Tipping Point: Explosive Breakout or Breakdown?Is the EURUSD on the verge of a major breakout, or are we heading for another disappointing retreat? Once again, we’re sitting above the 1.10 zone, and the price has moved into the upper range territory. Since early 2023, EURUSD has been stuck in a weekly range between 1.05 and 1.104, with only one quick rally to 1.12 that was quickly faded. Are we finally ready to see a clear breakout higher, or will the price fail again and fall back into the range? Let's take a closer look at what the charts are indicating. Zooming into the daily charts, we can see the range more clearly. Yesterday, the price spiked up to create a new high for the year before quickly selling off (see image below). Shifting to the 4-hour charts and adding the MACD indicator, a clear bearish SELL signal has appeared, indicating that buying momentum is beginning to fade. Given the HTF price zone we’re in, a sell-off to at least 1.093 seems likely. Now, I’m waiting for my TRFX indicator to give a sell signal on the 2-hour or 4-hour timeframe. The first target for this position is 1.093. I’ll then re-analyze the price action at that level. If selling momentum picks up, a deeper correction toward the bottom of the range could be on the cards. My stop loss will be set above 1.11. This week's WEEKLY candle close will be crucial. If we get a clear break and close above 1.105, a move up to 1.12 is highly likely. I’ll be closely watching for any reaction to the US GDP today. If the above scenario plays out, I will shift my strategy from selling to buying on any short-term retrace to 1.105, targeting 1.12. For now, it's a short setup until the market indicates otherwise. If you enjoyed the read, hit the boost button :)
Short
by TheFxAce
8
EURUSD: An In-Depth Analysis and Timeless Trading Strategy👀 👉 The EUR/USD pair is the most traded currency pair in the world, and in this video, I take you through a comprehensive analysis of this highly liquid market. I also present a trade idea that can be considered for today. However, the concepts and strategies discussed are not limited to a single session—they can be applied at any time in the future across various market conditions. In this video, we explore the key features and benefits of TradingView, highlighting some of the essential tools I use in my day-to-day analysis. Whether you're a seasoned trader or just starting out, these tools can enhance your market insights and trading precision. We delve into critical concepts such as trend analysis, market structure, price action, and the methodology for pinpointing precise entry points on any given trading day. This strategy is not just a one-time trade idea; it’s a robust approach that can be utilized across different currency pairs, making it a versatile addition to your trading toolkit. Please note that while this analysis is thorough, it should be used as part of a broader trading strategy that takes into account your personal risk tolerance and financial goals. Trading in the currency markets carries inherent risks, and it's important to approach it with a clear understanding of those risks.
by fxtraderanthony
21
EURUSD Daily Technical AnalysisHi Traders! If we look closely at Daily Chart, the @eurusd pair could form a very interesting Reversal Pattern in the short term. From a technical point of view an Engulfing Pattern could appear with a minimum Target around 1.087 area (see chart below), but if this will work correctly as a “reversal” the projection could be even more interesting. That said, if we have Engulfing Pattern in the daily close, it might be interesting to try to take short position on the pullback with stop loss below the previous low or failure of the Pattern. Traders who have followed our previous analyses on our Blog can handle the long position taken on the Harmonic Structure (ABC Pattern) on 1H chart. The dollar slipped on Friday as investors fretted U.S. payrolls data could be weak after an unexpected slump in U.S. manufacturing raised concerns about a slowdown in the world's largest economy and lifted traditional safe-haven currencies. In conclusion, next week we have interesting macro events as well as follow the geo-political dynamics (Iran-Israel) and from the technical point of view we have a potential Reversal Pattern to follow today, let's see what will happen in the coming hours.
Long
by TheAnonymousBanker
12