Get started

Eurusdlong

EUR/USD (euro-dollar): a multi-timeframe view (W & D)Initially, looking at the Weekly-timeframe chart on the left-hand side of the screen, it could be inferred that the price has been unable to break below the major key zone of 1.072 and, ever since, it has been impulsing in the upside destination. Judging by the ongoing build-up, the bullish wave does not show any signs of stoppage and is continuing to move in the upward direction after having broken out of the descending trend-line highlighted on the chart. Zooming into the Daily timeframe, the zone-to-zone movement of the price could be clearly noticed. Thus, holding on to our bullish sentiment, we are executing long positions with the stop-out order below the ongoing build-up and the target level set at key level identified on the Weekly timeframe.
Long
by Investroy
EURUSD - in strong downtrendEURUSD - May 31, 2024 Today EURUSD stays in a downtrend, yesterday`s restoration turned into short-lived and the pair remains on course to attain 1.0800 once more withinside the early buying and selling hours of the month. weekend session. Accordingly, the outlook remains favorable for dealers while EURUSD remains beneath many vital resistance stages and regularly lowering in step with the energetic Trendine line. In addition, with the growing probability that the ECB will lessen hobby fees earlier than the Fed, the opportunity of the EUR/USD trade price persevering with to weaken wishes to be taken into consideration withinside the medium term.
Short
by TheLeader_WOLF
EURUSD - SMALL CORRECTION BEFORE THE ROCKET?A closer look at the Euro chart reveals a favorable structure. On a broader scale, the trajectory looks bullish - however, a noticeable accumulation of liquidity is occurring lower after the reversal of the global downward movement. In addition, there was an unfilled zone for the month of FVG. At the local level, after the breakdown, an imbalance zone - FVG - appeared, which increases the chances of a downward movement. Moreover, after the FVG imbalance was filled, a strong reaction began and “OB” was formed, this gives us an understanding of the reaction and confirmation of the idea.
Short
by truepersonal
👀EURUSD: Multitimeframe update👀The main difference between this post and previous analysis is that we've got some reaction from daily supply chain, and from here, we might see further bearish development ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Short
by Yelli_trades
3
EurUsd Higher on ECB Rates Cut Rumors 🗿Hello traders! EurUsd has wasted no time and is seeing some buying pressure to kick off the week. We are 31 pips from the previous weeks high price as the Eur is being bought ahead of next week's Interest rate announcement by the ECB. Apparently the central bank will be cutting rates and so the market is moving on a "Buy the Rumor and Sell the news " sort of flow. How far can we pull up ahead of next week's announcement? Well we are already up 31 pips.. and our next weekly resistance zone is at 1.09427, or about 63 Pips away. I cant see why not, on this buy the rumor sell the news kind of flow, that we could reach that price level. The monthly candle is bullish after all and we are rejecting the monthly support level . So 1.09427 is our weekly bullish target. For the Short term, I liken pullback scalp buys off 1.08672 or scalp sells off 1.08845 daily level and 1.08945 4hr zone. The Daily candle today closed bullish, in line with the previous Daily candle from Friday.. which was a solid bullish candle in of itself. In our previous analysis, we were biased towards sells but after what the ECB policymakers are saying and the price action so far this week, we must remain flexible in our approach. We did suggest some places to look for longs in our previous analysis and did indeed callout potential longs, in advance, from the daily low of today at 1.08420 1hr support zone. The link for that analysis will be below so go check it out. Otherwise, safe trading everyone!
Long
by ShrewdCatfx
EURUSD - UniverseMetta - Analysis#EURUSD - UniverseMetta - Analysis Buy from these levels In the short term, we expect the movement to continue to the levels of 1.09120. The price moves in a 5+ wave, without noticeable impulses to break through the trend line, which indicates that the movement will continue. Globally, the price may continue the trend movement until rewriting the high of the previous movement of 1.09875. For sales, it is better to wait for a correction and fixation behind the trend line, for the best entry point, additionally wait for a retest of the trend line. Target 1.09120 - 1.09875
Long
by Trade-U-Metta
EURUSD Technical Analysis and Trade Idea As we examine the EURUSD, a robust bullish trend becomes evident, especially when scrutinizing the daily and 4-hour charts. Notably, we’ve identified bullish price action—a decisive breach in market structure on the 4-hour timeframe. However, it’s crucial to recognize that this breakout could potentially lead to a short-term bearish correction before the overall bullish trend resumes. Trade Idea: Considering the bullish bias, we look for buying opportunities near key support levels. A pullback toward the 61.8% Fibonacci retracement could offer an attractive entry point. Remember that this analysis serves educational purposes only. Always conduct your due diligence and consider risk management principles when implementing any trade ideas. 🚀
Long
by fxtraderanthony
2
DXY (Dollar) Intra Day/Week Play - 27/05/2024On the monthly we can see that the dollar is on aan upward trend after breaking outu of it's previous range at 88.528 which has now become a key level of support. We have seen this extention continue to levels 113.016 and then returned back to create a range between 101.421 (lows) and 107.424 (highs) Price action is suggested to continue ranging to complete distributiob before heading to the downside to test the POC levels of 99.885 and possibly even further to 94.510 to test the bullish order block which has yet to be mitigated before continuing back on the upward trend. On the Weekly we can get a clearer picture of this range and noticeably see that supply side liquidity at 106.726 has been swept which futher confirms our assumption that price will continie to the downside to the POC levels at 99.955 On the 4 hour we are able to get an even cleared picture with some assumptions being made that will test the 105.051 levels to form a bearish head and shoulders pattern and then heading down to test support level of 104.043 as part of a change of character, only to retract back to retest previous support at 104.380 and continue to he downside to reach our POI at 102.517. Taking all these price movements into consideration it is very likely that we'll see the greenback test all these levels to head back int the demand zone area of 100.500 - 102.000 over the coming week. Let me know what you guys think. Hope you have a great week ahead. Happy Trading.
TVC:DXY
by FXCapitalClub
EUR Futures Look Bullish - Target 1.09095I'm bullish on EUR until 1.09095 is reached (high of the previous 2W candle). Currently intermediate timeframe (h8) is delivering bearish (closing below lows of up close candles). In this scenario, I look for entries when price trades into H8 fractal swing lows. If we see a bullish CISD on entry timeframe (M30) after sweeping an H8 low, I'll take a long. Alternatively, if h8 has a bullish cisd, I will look for entry timeframe triggers on pullbacks into bullish arrays.
CME:6EM2024Long
by Tradius_Trades