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Eurusdidea

EurUsd could rise to 1.08Since the end of September last year, EurUsd has started to rise and managed to recover more than 1000 pips from its 2022 losses. Although in long term I believe that the bearish trend will resume, in the short term more gains could happen. In the second half of December EurUsd consolidated in a range with a break above the upper boundary of this range on the final trading day of the year. Considering the short term trend is still up we can see a continuation and the pair could reach the very important 1.08 zone. However, keep in mind that nothing changed from a fundamental perspective and we are, in fact, at the end of this correction and EurUsd could resume its fall very abruptly.
Long
by Mihai_Iacob
7
EU analysisEURUSD update from my past setup EU has been really slow these past few weeks making only slight major moves but i hope to see some really nice moves in the coming week because i see a lot of liquidity been taken at the current high and there is a nice resistance i personally like EURUSD will be more like a very good study for me during this week probably till the third week of January but i'll be on the look out for any comfortable opportunity and mark it all up
Short
by GhostlordsFX
1
DeGRAM | EURUSD false breakEURUSD is consolidating following the channel breakout. Price action double-topped before rebounding off the resistance level, then it created a false break that means bulls did not have enough strength to hold the price above the level. The market is coiling up before expansion, so we expect further consolidation until a new trend is confirmed. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
6
EurUsd- Where to sell for HUGE profit?Since the end of October, EurUsd has risen a lot, with the pair gaining more than 1000 pips from the bottom to the top. Also, since the recent high, the pair slightly corrected and now is trading in a narrow range with a bullish tendency. Although technically a new high is not out of the question, traders should be aware that this is just a correction to the longer-term trend and fundamentally nothing changed to sustain further gains. Also, looking at a weekly chart we can see that EurUsd is testing a very important old support zone (now resistance) and there is a very high chance for a reversal from this zone. In conclusion, rallies in this zone should be sold and a reward for such a trade could be fabulos in medium term if we target parity zone
Short
by Mihai_Iacob
14
EURUSD: Trend is bullish on daily chart, but.....Hi everyone! If we look at monthly and weekly chart the trend still remains bearish, but if we pay attention at daily chart, the technical background has changed, at least in the short term, and 1.09 area approach is still possible. Having said that, we will be following the pair on smaller time frames next week, looking for some pattern to trade as shown on chart. 💝💝💝💝💝 Please, support us with "Like & Comment" 💝💝💝💝💝
by TheAnonymousBanker
EUR/USD: ascending triangle patternHello guys. How it's going today? EUR vs USD created ascending triangle pattern in H1 timeframe. But we need compare it with the bigger timeframes also. In H4, EURUSD wanna break trendline and want to go downside. In Daily timeframe, it show us strong level between 1.0636 and 1.0776. Now, what will think for further analysis? Let's research now. Strong pattern is ascending triangle. It supports by breaking trend line in H4 also. This situation is a simple reminder for jumping up. But we should remember that EURUSD is high volatile pair and any fundamental or technical news can affect it positively or negatively. In my opinion: EURUSD will break trendline in H4, follow strong barrier in Daily timeframe. We can put: SELL LIMIT at 1.0733 TARGET 1.0405 STOP LOSS 1.0805 or SELL STOP at 1.0560 TARGET 1.0405 STOP LOSS 1.0743 These are only forecast. Do not forget to use SL in own trading. Trading without stop loss and bigger lots can cause heavy losses. Good luck!
Short
by Forexcues
EURUSD BULLISH IDEAEURUSD BULLISH IDEA;- EURUSD Has been ranging in accumulation zone for days showing high liquidity and low volatility,It is not a good place to look for sells or buys until the accumulation ends and provide us with good opportunity to either buy or Sell.. However ,I am still bullish because the overall trend is bullish we have yet confirmed a trend reversal os my priority will be looking for BUY opportunity, specially at around 1.0552,If price doesn`t come to fill the imbalance at that level I will wait for a entire structure to be very clean, Alternatively, if price takes out the imbalance, the trend reversal will be at very high probability, so will start looking for possible sell opportunity
Long
by market_wolfie