EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Eurusdidea
BluetonaFX - EURUSD Approaching 2 Month HighHi Traders!
EURUSD is an ascending triangle and is approaching its 2-month high at 1.07694.
Price Action 📊
The price action looks bullish, with market swings showing higher highs and higher lows. The market has also been trading above the 20 EMA for over a week. We are looking for more bullish momentum for further continuation towards 1.07694.
Fundamental Analysis 📰
Traders await the Eurozone Gross Domestic Product (GDP) for the third quarter (Q3). The quarterly growth number is expected to contract by 0.1%, while the annual growth number is forecast to grow by 0.1%. If the GDP data showed weaker-than-expected results, this could cause some selling pressure on the EUR.
Support 📉
1.06651: PREVIOUS DAY'S LOW
Resistance 📈
1.07694: 2 MONTH HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Euro vs US Dollar - EURUSD IdeaFX:EURUSD OANDA:EURUSD Euro vs US dollar
Hi traders..
There's a 40% chance that the upward trend will persist in the mid-term. So, we're holding off and waiting for confirmation of a price downturn before diving into the selling trade.
If the upward trend is confirmed, we'll scrap this position.
⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices.
✅ Feel free to reach me out with any questions or recommendations. I am more than willing to assess and analyze any currency pair or index that piques your interest.
BluetonaFX - EURUSD SHORT to previous Range ZoneHi Traders!
EURUSD has broken the previous range zone resistance, and there is a possibility of a support break back into the range zone.
Price Action 📊
The market's price action on the 4H chart has been very bullish with the range zone momentum break; however, the price seems to have exhausted and the market is now pulling back. We are now looking for a price break and a close below 1.06946 for confirmation of a complete pullback.
Fundamental Analysis 📰
Euro zone borrowing costs rose on Monday as investors took a breather after pricing in last week up to 100 basis points of European Central Bank rate cuts by December 2024, sending the benchmark Bund yield to a seven-week low.
Support 📉
1.06946: PREVIOUS RANGE ZONE RESISTANCE
Resistance 📈
1.07564: WEEKLY HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
BluetonaFX
EURUSD is in position to Fall!As price has reached premium prices, retracing 50+%, I am on the lookout for a reversal pattern.
When price sweeps LQ from the buyside or sellside, usually it goes in the opposite direction.
As I am bearish overall, I am looking for the HTF resumption of the overall trend, which is bearish.
Agree or disagree?
Leave a comment or question, and I will be happy to respond.
Tap that LIKE button for me, will you? Thank you.
EURUSD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
BluetonaFX - EURUSD Under Serious PressureHi Traders!
Today is a big day for the EURUSD with the ECB's interest rate decision followed by their press conference. The pair is under some pressure and is approaching its yearly low at 1.04485, and we could see that being broken depending on the ECB's decision today.
Price Action 📊
The market recently broke its long-term ascending price channel, and momentum looks to be on the bearish side. The market is also below the 20 EMA.
Fundamental Analysis 📰
The Eurozone has shown strong Flash PMI data recently, so traders will be looking for positive statements from the ECB regarding the Eurozone's inflation issues.
Support 📉
1.05090: PREVIOUS WEEK'S LOW
1.04485: YEARLY LOW
Resistance 📈
1.06946: CURRENT WEEK'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD | Long scenario | Ursula´s second last standBe aware this is a countertrend trade.
While i see more downside on the EURUSD i am currently looking to take a long position if the following requirements are met (as visualized with the red arrow):
- Price takes out the recent swinglow
- Price reclaims TLI 1 and i want to see atleast a tap of it (better an open / close of a candle) above S/R Level 1
- Open long on retest
Target: Below 50% of the range and the next strong resistance level
Stop- Loss: No open/close of a candle below the tap that took out the recent swinglow
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
EURUSD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity CADJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURUSD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURUSD Analysis 23Oct2023EURUSD after penetrating the minor bullish area is currently correction. At present the price responds to trendline very well, with the price always forms a new lower high, by looking at some of these indications, the possibility of the price will be bullish in a fairly close time.
BluetonaFX - EURUSD LONG to Resistance IdeaHi Traders!
EURUSD is holding steady near market lows, and there is a possibility for long entries to target upside resistance levels.
Price Action 📊
The price action currently looks bullish, with market swings showing higher highs and higher lows, and the market has formed an ascending price channel.
Fundamental Analysis 📰
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free of charge.
Support 📉
1.05200: TRENDLINE SUPPORT
Resistance 📈
1.05950: SWING HIGH RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD Analysis 12Oct2023Based on last week's analysis, the EUR/USD pair showed strong bullish momentum. However, this week a reversal has been observed after the price formed a CHoCH pattern. The nearest target is still in the trendline area, followed by the next target at 1.07300. If this pattern persists, the probability of a continued bullish trend is high.
BluetonaFX - EURUSD Inverse Head & Shoulders LONG IdeaHi Traders!
EURUSD has a potential inverse head-and-shoulders pattern forming on the 4H chart.
Price Action 📊
Recent higher market swings with higher highs and higher lows, and the market is currently above the 20 EMA.
We are looking for a bullish momentum break above the neckline.
Fundamental Analysis 📰
ECB President Lagarde continued her hawkish stance by repeating that interest rates in the eurozone will remain high for as long as needed.
Support 📉
1.05707: 20 EMA
Resistance 📈
1.05936: NECKLINE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD Analysis 1 Okt 2023I noticed that prices rose at the end of the week, which could indicate a bullish trend. However, it's likely that the trend will remain limited to the trendline channel area next week. It's important to note that the overall trend is still bearish and there hasn't been any significant change. The bullish trend may only be a correction from the bearish trend.
BluetonaFX - EURUSD Descending Triangle SHORT IdeaHi Traders!
EURUSD is near its lowest level in three months. There is a descending triangle formation on EURUSD, and there is a possibility of a breakout to the downside.
Price Action 📊
The market is in a descending price channel with lower highs and lower lows, creating a descending triangle pattern on the chart.
We are looking for a support break and a close below the 1.06352 level.
Fundamental Analysis 📰
The market's outlook on USD is very positive due to strong economic data recently released. Out of all major economies, the US economy currently looks to be the strongest, and demand for the US dollar is high.
Support 📉
1.06352: THREE-MONTH LOW
Resistance 📈
1.06718: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
"EURUSD Set to Rise: Support Holds Strong"#EURUSD expected to rise in the coming days the price is clearly reached the support which was around 1.06330, afterwards we can see that the market found a momentum and pushed up and considering the weak ascending broadening wedge pattern in 30M TF it looks week to push it back down. The price is expected to rise towards the trending line (@1.07614-1.08260)
🔥EURUSD BUY ( 1.06900 - 1.06500)
🟢TP1- 1.07200
🟢TP2- 1.07500
🟢TP3- 1.08000
🔴SL- 1.06180
EURUSD Analysis 18Sep2023Eurusd is still in the trend bearish. If you look at the formation of the bearish channel and the price responds positively to the trendline area and is currently corrected, there are two obstacles to return bullish, namely trendline that must be penetrated and minor high that can also be passed.
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.