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Eurusdbuy

EURUSD LONG Having just reached my target of the 4H high, price has started to retrace and could yet give more opportunities to go long if price so wishes to continue long. I have highlighted a specific zone were I expect price to bounce off and continue long. This must not be the case as price could easily break my zone and then continue long but I personally will not be looking for longs if price breaks this zone, instead I would step back and watch what price wants to do if that is to still continue long or perhaps break lower and usher in a downtrend.
Long
by udonahi
Bull Trend Continues as EUR Dips Remain in the 1.10 Zone!I hope this email finds you in high spirits and enjoying the exciting world of forex trading! I'm thrilled to share some fantastic news that will surely make you smile. The bull trend in the EUR/USD pair shows no signs of slowing down, with EUR dips consistently remaining in the 1.10 zone across all time frames. But wait, there's more! I predict this upward momentum will soon push the EUR into the coveted 1.11 zone. Isn't that remarkable? It's time to gear up and seize this incredible opportunity that lies before us. So, what does this mean for you as a Forex trader? It's simple - you should continue to long the EUR/USD pair with confidence and enthusiasm! The market conditions are favorable, and the potential for profits is too good to ignore. By capitalizing on this bullish trend, you can reap substantial rewards. Remember, success in forex trading often comes to those who dare to take calculated risks and stay ahead of the curve. Now is the time to be bold, embrace the positive market sentiment, and make the most of this exciting run. In conclusion, my fellow forex traders, let's celebrate this remarkable bull trend and the promising EUR/USD pair performance. It's time to take action, stay optimistic, and continue to long the EUR/USD pair with confidence. Together, we can ride this wave of success and achieve our financial goals.
Long
by bryandowningqln
2
eurusd scalpingthere are two good support and demand zones for eur and I'm waiting for price movement. I believe that there is a good chance for price to firstly see the demand zone and then go for the support one. so I'm waiting for a short and then a long position. ⚠️ Notice: I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5. Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
by mirzaeiamirsoheil
20 Reasons for buy EURUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: Last year, the market reached the yearly Order Block (OB) area and formed a medium-strength hammer pattern, indicating a potential yearly impulsive move starting from 2023. This suggests a bullish trend in EUR for the coming years. 2:📆Monthly: A monthly choke is present, but we must remember that higher time frames are always respected. The yearly and monthly areas are the same, and a strong demand area can be observed at the last valid low. Every pullback or support within this area can be seen as a buying opportunity. 3:📅Weekly: After forming a valid low, the price has created higher lows (HL) and higher highs (HH), indicating that there is sufficient bullish momentum to continue moving higher. If we draw a trendline here, it will act as support and form a triangle pattern. 4:🕛Daily: The trend is strongly bullish, and we should look for buy entries as long as the price remains above the 1.070 level or holds the daily trendline. If the trendline is broken, we need to strictly consider a buy position. 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bullish to sideways 6: 2 Pattern Candle Chart: A big bearish rally was attempted but failed on Friday, indicating a liquidity sweep. 7: 3 Volume: Significant bullish volume supports price movements on every support level, and the heavy volume at Thursday's close suggests profit booking. 8: 4 Momentum UNCONVENTIONAL RSI: There is no weakness in momentum yet, and the price can hold itself above the 40 level. A slight correction may be expected. 9: 5 Volatility measure Bollinger bands: The Bollinger Bands show a double top, and all volatility favors the bulls. The price can also find support at the 20 MA. 10: 6 Strength ADX: In favor of bulls. 11: 7 Sentiment ROC: We are well aware of the ROC. ✔️ Entry Time Frame: Daily 12: Entry TF Structure: Bullish 13: Entry Move: Waiting for resistance trendline breakout. 14: Support Resistance Base: Daily trendline and 20 MA. 15: FIB: Wait for an upside trendline breakout. The trigger event is also activated. ☑️ Final comments: Wait for a breakout above the trendline before entering a buy position. 16: 💡Decision: Buy 17: 🚀Entry: 1.1002 18: ✋Stop Loss: 1.08294 19: 🎯Take Profit: 1.30000 20: 😊Risk to Reward Ratio: 1:10 🕛 Expected Duration: 2 or 3 months
Long
by Optimum369
EURUSD. Take a look on (1.1186 - 1.1267) as a profit-taking area- Technical Analysis Rating: Moderately Buy The EURUSD has been in a bullish trend since the beginning of June. The price has broken above the 1.08234 resistance level and is now consolidating above it. The RSI indicator is in the overbought territory, but it has not yet crossed the 70 level. This suggests that the bulls are still in control, but there may be some profit-taking in the near future Such as the rebound from 1.10134 resistance level that occurred on last Friday. The MACD indicator is also bullish, but it is starting to flatten out. This suggests that the momentum in the bullish trend is starting to slow down. However, the MACD indicator is still above the zero line, so the trend is still considered to be bullish. - Fundamental Analysis Rating: Natural There are some factors that could support the EURUSD in the near future. The European Central Bank (ECB) is expected to raise interest rates in July, which could strengthen the euro. Additionally, the US economy is showing signs of slowing down, which could weaken the dollar. However, there are also some factors that could weigh on the EURUSD. The war in Ukraine is still ongoing, and this could continue to create uncertainty in the markets. Additionally, the Chinese economy is slowing down, which could hurt global growth. About Economic Events Next Week The economic events that you mentioned could have a significant impact on the EURUSD pair. The minutes of the US Federal Reserve meeting could provide clues about the future course of monetary policy. If the minutes suggest that the Fed is more hawkish than expected, this could weigh on the dollar and support the euro. The GDP data from the UK could also have an impact on the EURUSD pair. If the GDP data is weaker than expected, this could weigh on the pound and support the euro. The monetary policy statement from the European Central Bank could also have an impact on the EURUSD pair. If the ECB signals that it is ready to raise interest rates, this could support the euro. The non-farm payrolls data from the US is the most important economic data release in the US. If the non-farm payrolls data is stronger than expected, this could support the dollar and weigh on the euro. Expected Direction Overall, the technical & fundamental analysis both suggest that the FX:EURUSD is likely to continue to rise in the near future. However, there are some risks that could weigh on the currency pair. If your are in a long position take a look on the main zone as a profit-taking area (1.1186 - 1.1267)
Long
by Mohammad_Khaled_Alfaraj
1
EurUsd -> Perfectly Playing OutHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that EurUsd just recently perfectly retested and already rejected the quite nice bullish trendline of the weekly parallel rising channel. You can also see that the next weekly resistance is at the $1.12 level where we previous had strong weekly structure and also a resistance trendline so I simply do expect another push to retest the resistance before I then do expect a short term drop. On the daily timeframe you can see that after EurUsd perfectly broke above the resistance at the $1.078 level, we had a quite nicely rally towards the upside and EurUsd is now retesting resistance so I am just waiting for a bullish breakout and then I do expect another push higher to retest the next weekly resistance. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Long
by basictradingtv
37
Bullish on EURUSDCurrently EUR/USD is having a slight retracement after all that buying pressure. A strong supply level has turned into a demand level showing bullish signs... I am waiting for a retest into this demand zone and strong bullish price action/MA cross in order to enter. Additional confluence will be this trendline break. I have my TP at the last strong supply zone. My SL will be below the last higher low with an additional 20 or so pips for some breathing room! Let me know what you think! Trade safe and manage risk!
Long
by JamminToast
Eurusd buyEurUsd has moved with high bull pressurer to this level and formed a Rally and now its moving downwards to form a base there will possibly be a rally in upcoming time we will be waiting for price to break M15 Resistance level as price has already broke M15 trendline the confirmation to buy trade will be a break out of M15 resistance and retest on level with a price action we be buying this pair another confluance for buying this pair is that price is having support on 200EM and a bullish Morubozu candles while break out of M15 trendline so for a safe trade setup we will wait for M15 resistance breakout and retest
Long
by Wakeel_Saab
CUP AND HANDLE ( EURUSD) POSSIBLE BULLISH MOVEMENT (UPDATE)The target of this pattern is measured by the depth of the cup , by measuring we see that price might continue on this bullish run to 1.11690 which also happens to be an important resistance from which the markets made a rally to the downside back in 31 march 22. Fundamentals are also on the EURO side as Europe exchange rates were higher after the European Central Bank (ECB) raised interest rates by 25 basis points and gave no indication it was considering an end to the interest rate hiking cycle. one should look for possible retracements during the bullish rally to join bulls . MAY THE MARKETS BE WITH YOU
Long
by KILLCAD
EURUSD: Fall or rise focus here This is its 1h chart. It can be clearly seen that it has gone through a downward trend channel in the early stage. It has recently stepped out of this channel and built a small bottom. It is currently testing the first resistance and whether it can convert the resistance to support. is the most important thing right now. To judge it, in addition to analyzing its own trend, we also need to analyze it in combination with the trend of DXY. In EURUSD's 1h chart, it is currently stepping back to MA30, but the overall pattern is still more advantageous for bears. The lower MA60 is near 1.070, and the support here will be relatively more effective. In the 1h chart of DXY, MA30 has just been broken, and MA60 is near 103.8. If it cannot break through by then, it will fall back again, confirming the support of MA20. On the 1D chart, the strong support of DXY is around 102.4, and the resistance is 103.85. If it breaks through, the top can reach around 105.6. It can be inferred that EURUSD will still be under pressure at 1.088 with a high probability. Of course, to reach 1.088, the process of turning the current resistance into support must first be completed. In the near future, focus on the support around 1.073-1.069. Resistance near 1.08-1.09. If it falls below the support, there is a certain probability that the bottom will be around 1.048 (DXY105.6)
Short
by EagleEyeStrategy