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Eurusdforecast

EURUSD Maintains Bearish Momentum - Is 1.07500 the Next Target?OANDA:EURUSD is trading within a well-defined descending channel, with price action consistently respecting both the upper and lower boundaries. Recently, the price rejected a key resistance zone, reinforcing bearish momentum and signaling a potential continuation toward lower levels. The current price action suggests that if price continues to respect this resistance, we could see further downside toward 1.07500, aligning with the lower boundary of the channel. However, if price breaks above the channel and sustains above it, the bearish outlook may be invalidated, potentially signaling a shift in momentum. Monitoring price action and volume at this level will be essential for confirmation. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
30
Matador the EUR/USD Bull? - Bears about to jump in?After the previous 3 weeks of bullish havoc, the bears may have finally decided to pump the breaks on EUR/USD buyers. As price continued to push higher, I held on to short positions that I began building up at 1.0851 & 1.0909 as I wanted to wait and see if the Pivot level R1 area (1.0935) was going to provide the wall to begin declining back down. Once I saw the lack of advancement, I opened another strong short position at 1.0912 and now sitting at an overall average price of 1.0891. I like this trade, however I am still staying cautious on that 1.0800 level. I want to see this price point clearly broken and trading below it, otherwise I will keep my stop at a close break-even point for risk protection. Overall, so far so good but we need to break through 1.0800. From a purely technical analysis point of view, I see a small scale rising broadening pattern and this usually indicates a drop to the starting point of the pattern will take place however, If we drop aggressively, I may eye that 1.0600 level again which will lock in almost 300 pips but as I just said, these patterns usually return to their starting point so 1.0300 or below is not out of the question. I guess it depends on how the price action is looking whether I'd close or hold. 1.0600 is around the yearly pivot point so that is a good marker to shoot for IMO. Interestingly, the MACD and RSI show a rising broadening pattern as well so that gives me a little bit more conviction in this trade. I see some other markers for this trade as well but I will share that in my next upcoming market preview video since it'd be too much to type. As always, Good Luck & Trade Safe
by InternalTraderNYC
EURUSD Sell and Buy Trading PlanH4 - We had a strong bullish move with the price creating a series of higher highs, higher lows structure This strong bullish move ended with a bearish Divergence While measuring this strong bullish move using the Fibonacci retracement tool we have two key support zones that has formed (marked in green) So based on this I expect potential short term bearish moves now towards the key support zones and then potential continuation higher. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.-
Long
by VladimirRibakov
EURUSD -Weekly forecast, Technical Analysis & Trading Ideas💡 Daily Timeframe: EURUSD has been in a Range Bound recently. It touched and reject from 1.0528 major resistance today. A peak is formed in daily chart at 1.05285 on 02/26/2025, so more losses to support(s) 1.03570, 1.02920 and minimum to Major Support (1.01779) is expected. 💡 Four-hour Timeframe: The uptrend is broken, and price is in an impulse wave. The bearish wave is expected to continue as long as the price is below the strong resistance at 1.0528 A strong bearish divergence has also formed in the RSI. 💡 One-hour Timeframe: 1.0457 support is broken now. It will act as a Resistance now! Forecast: 1- Correction wave toward the Sell Zone 2- Another Downward Impulse wave toward Lower TPs SL: Above 1.0528 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Short
by ForecastCity
9
EURUSD, UP or DOWN ?Hello Traders, what do you think about FX:EURUSD ? Yesterday we had a huge upward movement because of Tariff plans. but as long as price is below 1.0460, we better to find short position and if price stabilizes above this number at daily timeframe, we can think about buy. remember that Eurozone performance is unstable and we can't expect a large upward movement in this pair at least for short term, unless the data that comes from US is very bad. 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.
by aminrzb
Confirmation neededWe've been in a bearish trend until the price recently broke through a key daily liquidity level and reversed the weekly demand zone. Price pulled back to the 30-minute demand zone and bounced upwards. The 1.07970 fair value gap was invalidated, indicating a shift in market sentiment. Minor sweep and retracement to the 1.08060 swing high. Buy from the current demand zone due to imbalance and expected liquidity sweep. Targeting a 1:4 risk-reward ratio (20 pips risk for 80 pips gain). Initial stop loss below the current demand zone. Plan to move stop loss to 1.08100 for a risk-free trade once in profit…
by tokelohomi
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