Eurusddaily
Eurusd outlookThis chart represents a technical analysis of EUR/USD on the 1-hour timeframe, highlighting key support and resistance levels.
Key Analysis:
Resistance Level: Marked around 1.09500, this level serves as a potential selling zone where price may struggle to break higher.
Support Level: Identified near 1.08000, this is a demand area where buying pressure may emerge.
Current Price: EUR/USD is trading at approximately 1.09183, near the resistance zone.
Expected Price Movement: The analysis suggests a potential rejection from resistance, leading to a downward move toward the support zone.
Outlook:
The market structure indicates a possible bearish retracement from resistance. If the price fails to break above 1.09500, a short-selling opportunity may arise with a target around 1.08000. However, if the resistance is broken, further upside momentum could be expected.
EUR/USD: Breakdown Amidst Euro Surge on German Fiscal StimulusThe EUR/USD currency pair has recently experienced significant movements influenced by both technical patterns and fundamental developments.
Technical Analysis:
The EUR/USD pair has been trading within a well-defined ascending channel, characterized by higher highs and higher lows. However, recent price action indicates a breach below the channel’s lower boundary, suggesting potential bearish momentum. This breakdown could signal a trend reversal or a corrective phase, with the next support level identified around 1.06339. Traders should monitor this level closely, as a sustained move below it may confirm further downside potential.
Fundamental Analysis:
The euro has surged, marking its most substantial weekly gain against the dollar since 2009. This appreciation is largely attributed to Germany’s announcement of a historic fiscal stimulus package aimed at bolstering the Eurozone’s economic recovery. In contrast, the U.S. dollar has weakened due to escalating trade tensions and concerns over the economic implications of aggressive trade policies under President Trump. Investors are increasingly favoring the euro, reflecting optimism about the Eurozone’s growth prospects compared to the uncertain U.S. economic outlook.
Eurusd sell zoneThis is a EUR/USD (Euro/US Dollar) 1-hour timeframe technical analysis from FXCM, showing a sell trade setup with the following key details:
1. Entry Point: Around 1.05112, marked in yellow.
2. Stop Loss: Placed at 1.05690 (red zone), indicating the level where the trade will be exited if the price moves against the setup.
3. Target Level: 1.03978, shown in blue, representing the expected price drop and profit target.
4. Market Outlook: The analysis suggests a potential bearish move, with price expected to decline from the entry point, retrace slightly, and then drop further to hit the target.
5. Risk-Reward Ratio: The trade setup has a favorable risk-reward structure, with the potential reward being larger than the risk.
This setup is based on the expectation that EUR/USD will reverse from resistance and move downward, making it a short (sell) trade opportunity.
MY analysis on Gold in 1H chart its again downwords gold xauusd is in downword we can take sell positions for some time as it almost touches the EMA200 and again going downwords .
Key Observations:
Downtrend Channel Breakout:
The price was previously in a descending channel (marked in blue).
A breakout to the upside occurred, signaling a potential reversal or retracement.
200 EMA Resistance (Blue Line at ~2897):
The price approached the 200 EMA, which is a strong dynamic resistance.
The rejection at this level (highlighted by the red arrow) suggests selling pressure.
Bearish Rejection (Yellow Circle & Red Arrow):
A wick at the 200 EMA shows that buyers attempted to push higher but faced resistance.
This could be a sign of a potential trend continuation to the downside.
Potential Downside Target (Blue & Red Zones):
A short-term support zone is marked in blue, where price might retest.
A larger support block (red zone) indicates a deeper pullback if bearish momentum continues.
Volume Increasing:
Volume is rising, which could indicate stronger price action, whether continuation or reversal.
Possible Trading Scenarios:
Bearish Case (Most Likely):
If price continues to reject the 200 EMA, it could drop toward the red support zone (~2,860-2,870).
A break below this level could lead to further downside.
Bullish Case (Less Likely):
If price reclaims the 200 EMA and holds above it, it could target the next resistance zone (~2,920).
Conclusion:
Bias: Bearish below 200 EMA unless price breaks above.
Potential Trade: Watch for a retest of the blue zone for a possible short entry targeting the red support block.
Would you like an entry/exit plan based on this setup?
EUR/USD at a Crossroads: Will Trade Tensions Push It Lower? EUR/USD has been struggling to maintain momentum above the 1.0500 mark, facing renewed selling pressure as macroeconomic and geopolitical factors influence sentiment. With the US Dollar regaining strength and concerns about European economic stagnation growing, the pair remains vulnerable to further downside.
Technical Analysis:
Resistance Levels: 1.0532 (January 27 high), 1.0629 (December peak), 1.0744 (200-day SMA).
Support Levels: 1.0405 (55-day SMA), 1.0282 (February 10 low), 1.0209 (February 3 low), and 1.0176 (January 13 YTD low).
Indicators: The Relative Strength Index (RSI) is near 55, indicating modest momentum, while the Average Directional Index (ADX) remains around 15, suggesting a weakening trend.
Moving Averages: The 200-day SMA at 1.0744 serves as a key dynamic resistance, while the 55-day SMA at 1.0405 acts as interim support.
Fundamental Analysis:
Several key fundamental factors are exerting downward pressure on EUR/USD:
Trade Policy Uncertainty: While US tariff tensions have temporarily eased, lingering trade disputes, including a 10% duty on Chinese imports and potential EU-targeted tariffs, keep investors cautious.
Diverging Central Bank Policies: The Federal Reserve remains firm on keeping interest rates elevated, while the European Central Bank has begun rate cuts, signaling weaker economic confidence in the Eurozone.
Economic Growth Divergence: The US economy continues to show resilience with robust labor markets and stable inflation, while the Eurozone faces stagnation and potential contraction, particularly in Germany.
European Political Risks: Uncertainty in Germany and wider Eurozone economic struggles add to the Euro’s bearish outlook, making it less attractive compared to the US Dollar.
The EUR/USD pair is at a critical juncture, with key support levels in focus. Trade policies, central bank divergence, and economic growth disparities continue to drive market sentiment. This week is pivotal for the Eurozone, with key economic data releases culminating in Friday’s PMI figures, which could determine the pair’s next major move. Traders should remain cautious and closely monitor both technical and fundamental 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.
Sell Signal📉 EURUSD Sell Signal 📉
🔹 Wait for the best candle formation before entering the sell trade! Risk management is crucial.
🔹 The 1.04980 resistance zone is considered as the entry point.
🔹 Stop-loss is set at 1.05355 to minimize potential risks.
🔹 Target levels:
✅ First target: 1.04658
✅ Second target: 1.04133
⚠️ Always manage your risk! Make sure to get additional confirmations before entering the trade.
Latest analysis of EUR/USDAfter a period of consolidation, EUR/USD is still hovering around the key resistance level of 1.0500, which is crucial for the trend of the euro. From a technical perspective, the current exchange rate trend remains above the 50-day moving average, which is around 1.04, providing support for bulls. The 50-day moving average is usually regarded as a guide for the medium-term trend. The price can remain above it, indicating that the current market is still bullish.
In addition, the 14-day relative strength index (RSI) is currently approaching 60.00. If the RSI further breaks through this level and remains above this area, it may provide stronger upward momentum for EUR/USD. The breakthrough of RSI usually means a change in market sentiment. Breaking through 60.00 means that the bullish force may further increase, pushing the exchange rate upward.
In terms of support, the low of 1.0285 on February 10 will be a key support area for EUR/USD. If the price falls below this support level, it may trigger a further correction. It should be noted that the current upward momentum is still relatively limited. If the price continues to consolidate around 1.0500, a sideways pattern may form in the short term.
On the other hand, the resistance level of 1.0630 is also very important. This price range is the high point of December 6 last year. If the price breaks through this resistance level, it may mean a larger upside, especially in the upward trend after breaking through the 50-day moving average.
On the whole, the current technical side of EUR/USD shows some upside potential, but it still needs more upside momentum to break through the psychological level of 1.0500. If the RSI continues to rise and remains above 60, the possibility of breaking through the key resistance level will increase. On the contrary, if the price falls back below 1.0285, it may re-test the lower support level.
EUR/USD on high time frame
"Regarding EUR/USD on high time frames, as per my recent analysis, the price has shifted towards a bullish momentum. I anticipate the price to surpass the mitigated order block on the 4-hour chart and reach the 1/1 price zone on the weekly and daily time frames. However, this analysis would be invalidated if the price closes below 1.02 on the daily time frame."
If you have any specific questions or if you need further assistance with your text, please let me know!
EURUSD Buy📉 EURUSD Signal | 1H Timeframe Analysis
📆 Date: February 7, 2025
🔍 Strategy: Breakout and Risk Management
✅ Suggested Position: Buy after pullback confirmation
🎯 Targets:
First Target: 1.04016
Second Target: 1.04429
Third Target: 1.04938
🛑 Stop Loss: 1.03083
🔄 Entry Level: Confirmed breakout at 1.03372
⚠ Key Points:
Enter if a pullback to 1.03372 is confirmed.
Set stop loss at 1.03083.
Apply proper risk management.
📊 Technical Analysis: The previous downtrend has been corrected, and we are in a demand zone. If the key level breaks, an upward move is expected.
#Forex #TechnicalAnalysis #EURUSD
EUR/USD Trading AnalysisEuro: Market Focus on Europe
The euro remains under pressure against the dollar as the announcement of steel tariffs over the weekend dealt an initial blow to the European Union. Europe is bracing for possible new tariffs on industries such as autos. As the EU's tariff levels are relatively low, the overall impact of "reciprocal" tariffs may be limited. But more worrying is that the U.S. Commerce Department plans to release a report on the causes of the U.S. trade deficit in April, which is expected to pave the way for broader tariff measures.
Regardless of today's tariff news, the current interest rate differential still supports EUR/USD hovering around 1.03, while weakening the momentum of a rebound. As discussed by our interest rate strategy team, the eurozone's interest rate differential with the United States is likely to remain high, if not widen, in the coming months. In addition, rising natural gas prices may also continue to put pressure on the euro. Before the new tariffs are introduced, the euro may fall further to the 1.0250-1.0260 range, or even lower.