Expected Long at EurusdMy chwrt analysis and Trend analysis say that Eurusd again push him upside and test the high level again to change direction from bearish to bullish.
Let us hope it finds his way.
I m bullish into it.
Eurusdlong
EURUSDEURUSD ( Euro / U.S Dollar )
Completed " 12345 " Impulsive Waves
Break of Structure
Demand Zone
Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame
Order Block
SWING TRADE SETUP ON EURUSD We had a nice move to the upside yesterday following a shift on the 1H timeframe, Hope some of you were able to catch the move to the upside.
If not there is another setup that I am looking at. This is a swing setup and if played out I expect for TP to be hit within the week.
The main thing to keep in mind is that we have interest rate decisions for both the FED and ECB.
Depending on how the numbers come out this setup will stay valid or EURUSD will break below the invalidation point and continue it's move to the down side. Good risk management is key with these news events.
EURUSD at Key Support: Bullish Continuation Ahead?OANDA:EURUSD is trading within a well-defined ascending channel, indicating a bullish trend. The price has recently pulled back into a demand zone, which has previously acted as strong support. This confluence of support and the lower boundary of the channel suggests the potential for a bullish continuation.
If the price confirms a rejection from this zone, I anticipate an upward move toward the 1.05200 level, which aligns with the previous resistance level. However, a breakdown below the demand zone and channel support would invalidate this setup and signal possible bearish pressure.
This setup aligns with the idea of trend continuation within an ascending channel. Let me know your thoughts or if you have any alternative perspectives!
BUY EURUSD H4 | FOREX BEEHey Traders,
This EUR/USD H4 chart suggests a bullish scenario, with price action breaking key levels and retesting them for continuation. Here's the technical analysis:
### Observations:
1. Trend Analysis:
- The price has broken above the descending trendline, signaling a shift from a bearish to a bullish bias.
- The breakout has been followed by a successful retest within the green zone, confirming it as a support level.
2. Key Levels:
- Support: The green zone around 1.0480-1.0500 has acted as a strong support after the breakout.
- Resistance: The chart highlights a target near the 0.5 Fibonacci level at 1.0694.
3. Retest Zone:
- The blue highlighted area indicates a retest of the broken trendline and horizontal support. This confluence area strengthens the bullish case.
4. Fibonacci Levels:
- The 0.236 Fibonacci level (~1.0424) was successfully held, suggesting that the retracement is over and the upward momentum may resume.
5. Potential Movement**:
- The price is expected to continue its bullish movement, as indicated by the blue arrows, with a primary target around 1.0694.
---
### My Thoughts:
This chart looks bullish, with a strong base formed around 1.0480-1.0500. Watching for further confirmation through price action, such as higher highs and higher lows, would be wise. However, a break below the retest area could invalidate this setup and shift the bias.
EURUSD Analysis: Bull IncomingHello everyone, starting this sunday with a EURUSD Long Analysis:
As we can see, we have recently entered a bullish trend and I believe we are really close to a great entry.
As seen on the chart, the bottom trendline and what was this months highest resistance (now hopefully a support) are really close to be reached. and if the EURUSD keeps following the same trend as it has for now, we should have a solid trade.
I expect price to reach 1.05559 where my TP will also be set.
I have set the SL at 1.03969 which leaves room for the trade to breathe in case of high volatility during Mondays NY Session, which leaves us with a 3.02 Risk/Reward.
Happy trading! Let me know your thoughts on this.
BUY EURUSD In today's session we are monitoring EURUSD for buying opportunities. Entry at 1.046 Stops below 1.044 and target at exact high of the day 1.05300. Use proper risk management and best of luck. Happy trading folks.
Purchase made in the $EUAs anticipated in our weekly analysis, the price is moving as expected. We executed our first trade of the week, achieving a 5% gain.
EURUSD: Trade Plan - 26/Jan/2025Hi Traders,
In the bigger picture EU has already completed the potential correction and is ready to push up.
We are going to track the behavior in smaller timeframes in order to get the better entry along with confirmation (the same has been shared separately).
Now without going into depth, looing at EU, it loos it n make a new low before final push up or can go up without breaking the recent low in LTFs. All in all the bias is up.
$EUOur outlook for the week is that the price will initially drop to a discounted PDA, setting the stage for an upward movement toward the premium PDA of the monthly range, which we consider our long-term target (DoL).
Pre-FOMC Week - Bullish run on the EUR/USD & GBP/USD....Like last week's video analysis, I'm currently holding long positions on the EUR/USD and GBP/USD. I'm expecting strong movements in the coming week due to FOMC and Interest Rate Policy.
The ETF SOXL, has been running well although Friday dumped pretty hard but long positions remain solid. I'll remain diligent in observing the price action this week and hopefully book a good 90% profit so far for the 1st Quarter of 2025.
EUR/USD:
•1.0265
•1.0416
•Target: 1.06000
GBP/USD:
•1.2209
•Target: 1.2600 or 1.2700
ETF SOXL:
•$29.01
•Target: $36 or $40
Good Luck. Trade Safe.
EURUSDi think #EUR pullback to zone and trendline and move up
In my opinion, Target will definitely be touched.
DXY Weakens, EUR/USD Breaks Out BullishThe DXY has broken its bullish trendline and a key support area. It is now approaching the next support level on the daily timeframe. Similarly, EUR/USD has broken out above its falling wedge pattern, signaling a bullish move for the euro. Consider buying EUR/USD and riding the trend until it reaches the resistance level.
EUR/USD View changedFor the moment I'll continue follow long structure as Trump yesterday said he's gonna ask for an immediate cut in interest rates.
First good zone to look for a long is the one with the POC.
#EURUSD: A Clean Bullish Move! Dear Traders,
When we look into how prices have behaved in last couples of weeks it is clearly noted that bulls have entered the market and price successfully changed the price character. We also have a strong evidence of that.
Please like and comment
thank you
EURUSD Time 30 minutesHello.
Starting today, I will publish the Euro-Dollar trend on this page every 30 minutes
EURUSD Six months viewI think that can be usefull to think long term. This is my view for the next six months about EURUSD. I think that price is under accumulation, and this could lasts some few weeks. It can move in a range maybe till end of February/March, next i expect a slow rally for April till end of May/June. My final target is the 1.10 area, and i marked two areas where i will add some longs.
Good Luck everyone
EUR/USD Falling Wedge The falling wedge pattern on the EUR/USD 12-hour chart has been confirmed, signaling a potential bullish breakout. This classic technical setup indicates a reversal from the prior downtrend, with buyers stepping in as price breaks above the upper resistance line of the wedge.
Key Details:
Pattern Confirmation: The breakout above the wedge resistance line confirms the pattern, with a retest further validating the upward move.
Targets:
Target 1: 1.0600 – Based on previous support-turned-resistance levels.
Target 2: 1.0900 – The measured move from the height of the wedge added to the breakout point.
This setup reflects the strength of technical analysis, with the falling wedge showing the market's tendency to reverse after sustained selling pressure. A strong support level provides the foundation for this bullish move.
EurUsd- A nice bullish setup with 1.06 targetLike most major pairs, EUR/USD experienced a challenging final quarter of 2024, with the price dropping approximately 1,000 pips following the double top at 1.12.
The start of 2025 saw a further decline, breaking below the 1.0350 support level and reaching a low of 1.0180.
However, the market quickly reversed after this low.
On Monday, a strong Bullish Engulfing candlestick formed, reclaiming the 1.0350 support level.
Yesterday, this support was confirmed again, leaving a continuation Pin Bar on the daily chart. Adding to this bullish picture, the price also broke above the falling trend line, signaling a well-structured bullish setup.
Currently, the bulls have the upper hand. If the price manages to break above the horizontal resistance at 1.0440, the path should be clear for a rise toward the 1.06 zone.
In conclusion, buying on dips appears to be the ideal strategy, with invalidation of this setup occurring if the price falls below 1.03.
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.
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