EUR - LONG - Swing Trading*This is a risky trade since if it breaks support it can take us to very low levels, which is why an appropriate stop loss must be used.
We are in a support between 1.042 and 1.045 that is holding up very well until now. Now that time has passed, it seems we are close to breaking 1.05 and will remain there in the following days. It is necessary to give the trade time of around 6 to 14 days to reach the targets.
Targets:
T1: 1.059 - 1.060 (protect or take partial)
T2: 1.065 (close - 6 days)
T3: 1.080 (close - 14 days)
Eurusdbreakout
EURUSD trade setup battle:-Today Euro made 3 months low with also break previous low and holding side . There we can setup a loss free trade setup ::-
Euro have strong support levels @ 1.06000 .
So we have to build buy and sell both position at this time :-
First we have to buy and sell on same strike price with same quantity and hold for target 1.06000 $ than we exit from sell side we get our target and hold buy position for target 🎯 1.08000 level.
Stay tuned with me for more updates and follow me.
EUR/USD 8H SwingTrade: Institutions in Control Amid Deep RetraceThis long position on EUR/USD continues to develop as the trade approaches a critical zone near 1.09600, where partial profits will be taken if the market starts to move in the anticipated direction. The setup shows a potential for a reversal following a controlled decline, which may indicate institutional players hedging their positions. Despite the lack of a significant pullback, the steady decline suggests deeper market manipulation by larger participants, as they may be positioning themselves for a move upward.
This swing trade is grounded in both technical and fundamental factors. While the euro has faced challenges due to economic slowdown in the Eurozone, the technicals are showing signs of alignment for a potential bullish reversal. If the market sentiment shifts, the euro could gain momentum, supported by upcoming key economic data and central bank statements.
Technicals:
• The price action shows a controlled decline with minimal volatility, indicating institutional hedging and the possibility of a corrective move.
• Price is trading within the momentum cloud, signaling a neutral-to-bullish shift in sentiment. The next key level to watch is the 1.09600 area, where partial profit-taking is planned.
• A full break above 1.10280 (next significant resistance) could fuel further bullish momentum, targeting higher levels at 1.1070 and beyond.
• Stop loss is placed below 1.0740 to account for market volatility while keeping the risk-to-reward ratio balanced.
Fundamentals:
• Eurozone Outlook: With inflation persisting in the Eurozone, the European Central Bank (ECB) continues its cautious approach, maintaining tight monetary policy. However, the euro remains under pressure due to underwhelming growth figures, geopolitical risks from the Russia-Ukraine conflict, and high inflation.
• USD Strength: The USD remains strong amid solid US economic data, including robust housing starts and job growth. This strength has limited the euro’s ability to recover, but any weakening in the US data could help fuel a euro recovery.
• Macro Events: Key macro events, including ECB President Lagarde’s upcoming speeches and US economic data releases, are likely to have an impact on this pair. Lagarde’s recent dovish tone, combined with any signs of weakening in the US economy, could catalyze a EUR/USD reversal.
Risk Management:
• Taking partial profits near the 1.09600 level minimizes downside risk while locking in gains if the trade moves favorably.
• The stop loss remains tight to protect against any sudden reversals, placed below the recent low at 1.0740 to maintain an optimal risk-reward ratio.
• By maintaining flexibility in managing the position, this setup aims to capture gains while protecting capital in volatile market conditions.
This trade setup offers a promising opportunity as we monitor both the technical and fundamental aspects closely. Let’s stay focused and continue to manage the position based on market developments!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
EUR/USD Breakdown – Quick Bounce or Headed for a Wipeout?Alright, trading family, the EUR/USD pair is riding some choppy waters. A short bounce to 1.0809 might be in the cards, but don’t get too comfy—it could just be a quick breather before we dive back toward 1.0700 or even deeper to 1.0645 or 1.0580.
Key Levels:
Breakdown Zone: 1.0700 – Looks like the next wave if sellers keep control.
Bounce Play: 1.0809 – Bulls might show up, but it could be a short ride.
Lower Support: 1.0645 / 1.0580 – If the tide turns, this is where we might land.
This is one of those "stay ready" moments—either we catch a quick rally or the tide pulls us lower. Keep an eye on those short time frames to catch the next set.
What’s your vibe—are we bouncing or heading straight into the deep? Drop your thoughts, follow, and share if this chart got you set for the next move.
Mindbloome Trader
EUR-USDThe eurusd pair creates double top at 1.1200 level and then drop and breakout of M pattern at 1.1000 and go down side to 1.09050. now market drop sharp and its time to retracement to 1.100 again. Pair just broke the support and now its turn support into resistance. and then drop to 1.0800 to 1.07500 support zone.
EUR/USD Sell to Buy idea from 1.10200This week's analysis for EUR/USD (EU) is quite interesting, as there is significant liquidity on both sides of the market. My plan is to wait for a liquidity sweep before considering trade entries. Ideally, I would like to see the price reach my 17-hour demand zone to continue the upward trend.
If the price doesn’t immediately reach that point of interest (POI), I’ll look for a short-term sell opportunity from the 4-hour supply zone, but only if I get the right confirmation. While there are equal highs and Asia session highs above the supply zone, I’ll be cautious and look for additional confluences.
Key confluences for EU buys:
- Significant liquidity to the upside, including equal highs and Asia session highs.
- A 17-hour demand zone that caused a break of structure to the upside.
- This is a pro-trend idea, with buys looking more favourable.
- The DXY (Dollar Index) is bearish, further supporting the bullish outlook for EU.
P.S. If the price breaks structure to the upside, I’ll look for a new demand zone to buy from. There’s a lot of liquidity built up above the current price that the market may target.
THE RIGHT WAY TO MAKE MONEY THIS WEEKAfter the analyzes sent at the end of last week and the beginning of this week, I received many messages asking for explanations on my sometimes conflicting analyses, so I want to explain my point of view.
The lack of incisive news at the beginning of the week and the lowering of volumes that mark the beginning of summer are avoiding major movements on eurusd.
My idea is that if the pair breaks and I drop the first sell zone with the line marked in blue we will go straight to the demand zone, otherwise if it bounces we will take the volume at the top and then continue with the descent.
I observe the first area very carefully to evaluate a long (you can find my setup among my ideas) otherwise I will set my short vision in case it were to break it in an incisive manner.
I hope I have been of help.
EURUSD ( 4H )EURUSD
HELLO TRADERS
YESTERDAY , as mentioned the price is under short pressure and dropping + 60 pip , aimed first target , so know see trade above turning level until stable this level rising to resistance level , if breaking this level continues a dropping .
Tendency the price is a bullish pressure in1.068
TURNING LEVEL : the price turning level at 1.068, price stable below this level it becomes reach a support level , but if breaking this level active bullish area , to reach a resistance level
RESISTANCE LEVEL: if the price trade above turning level at 1.068 , the price will rise to1.074 and 1.079 , stable this level will be reach 1,084
SUPPORT LEVEL : the price breaking turning level 1.068 , it will reach the support level of 1.058 and 1.052
CORRECTIVE LEVEL : price will 1.068 , correct itself before falling
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* Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
EURUSD TO SELL (FRENCH ELECTIONS, EUR CPI, USD POWELL SPEECH)As the French elections was a determining factor his week to the Euro, we must take account of EURO CPI news and USD Speech from Powell today as well. Therefore, the pair has created resistance and it has the possibility to drop for a sell.
TP: 1.07 or below
EURUSD ( UNDER BEARISH ZONE ) ( 4H )EURUSD
HELLO TRADERS
TODAY , the price continues under bearish zone , after breaking a support trendline
Tendency the price is a bearish pressure in1.074
TURNING LEVEL : the price turning level at 1.074 , price stable below this level it becomes reach a support level , but if breaking this level active bullish area , to reach a resistance level
RESISTANCE LEVEL: if the price braking turning level at 1.074 , the price will rise to1.079 and 1.084, stable this level will be reach 1,089
SUPPORT LEVEL : the price trade below turning level 1.074 , it will reach the support level of 1.068 and 1.063 , stable this level reach to 1.058
CORRECTIVE LEVEL : price will 1.074, correct itself before falling
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* Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
EURUSD - in strong downtrendEURUSD - May 31, 2024
Today EURUSD stays in a downtrend, yesterday`s restoration turned into short-lived and the pair remains on course to attain 1.0800 once more withinside the early buying and selling hours of the month. weekend session.
Accordingly, the outlook remains favorable for dealers while EURUSD remains beneath many vital resistance stages and regularly lowering in step with the energetic Trendine line.
In addition, with the growing probability that the ECB will lessen hobby fees earlier than the Fed, the opportunity of the EUR/USD trade price persevering with to weaken wishes to be taken into consideration withinside the medium term.
🌟 EUR/USD Channel breakout ..BUY for further upside move🔥👉🏻EUR/USD has continued the bounce from 1.0725 that started last Thursday, and the pair is now re-testing the 200-day moving average.
👉🏻EUR/USD had previously tested the 200-dma as resistance on NFP Friday, which led to a pullback. But bulls held a higher-low at prior resistance of 1.0725 and that’s allowed for another re-test of the moving average.
👉🏻The big question now is how the USD and related pairs, especially EUR/USD, perform around the Wednesday release of CPI.
EURUSD price is moving sidewaysEURUSD: The EUR nowadays did now no longer decline however as a substitute is shifting up close to the 1.0740 resistance region. This is because of the weakening of the USD. Currently, due to the fact DXY is damaged and is possibly to maintain to weaken, nowadays`s model ace can pay interest to NONFARM. It is anticipated that EURUSD will possibly retest across the 1.0683 region and rebound. Consider in short promoting across the cutting-edge fee region and shopping for again across the 1.0680 guide region
EURUSD UPDATE LOOKING FOR BUY LONG
Hey team Hope you are Enjoying our ideas and Analysis. Today in Running Session we are Monitoring EURUSD For a Buying Opportunity Around 1.07068 , Once more Best Buying Area Around 1.06921. So Previous There is also a Breakout That we have Clearly Mentioned in Chart pattern . When we will Receive any Bullish Conformation the Trade Will be Excuted
Good Luck Guys 🤞👍