Long EurusdThe PA around this level is telling me price wants to push higher. We had a nice drop last week so could expect a nice retracement on the daily to start the week at the very least.
Eurusdlong
EUR/USD buy signal analysis Hey traders, I anticipate upward movement in the EU for the upcoming week. I plan to enter after another Market Structure Shift (MSS) due to the indecisive daily candle we had last friday, seeking additional confirmation. If the price takes the stop hunt indicated on the chart, I'll hold off on the EU trade, allowing more time for a setup before considering any involvement.
EURUSD - Long to order block ⁉️Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: After price took liquidity below equal lows we can a reaction from institutional big figure 1.09000. Now I expect bullish price action to order block.
Fundamental news: Upcoming week on Thursday we will see results of monthly and yearly CPI in USA.
Like, comment and subscribe to be in touch with my content!
EURUSD Longs from 1.09200 or @1.08000 Back upEURUSD shares a similar bias with GU, but the price exhibits more imbalances and liquidity at greater distances. While there is a 50-minute demand zone near the current price, I anticipate only a minor reaction from it. My primary buying opportunities are within the 10-hour demand zone, which offers a more discounted price.
Alternatively, there's a possibility that price continues its upward movement, reaching the 10-hour supply zone above. This represents a promising Point of Interest (POI) for me, where I expect price to undergo distribution before a potential sell-off. However, at the moment, I'm patiently waiting for price to accumulate within either of my demand zones to capture buying opportunities along this temporary bullish trajectory.
Confluences for EURUSD buys are as follows:
- Bullish pressure weakens, evident in a CHOCH and confirmed by a BOS
- A 11hr demand zone below triggered a break of structure to the upside.
- The market trend is bullish, aligning with this idea.
- Imbalance above the demand signals favourable reaction at my POI.
- Abundant liquidity above, including trend lines and untouched Asian highs.
- Price needs to dip to a significant demand level for an upward rally to persist.
- Lots of imbalances lying below that need filling before price continues to ascend.
P.S. Although my long-term outlook for this market remains bearish, I will be actively seeking buying opportunities for EURUSD as the dollar continues to exhibit a bearish trend.
EUR's Unlocked Bullish Potential Plus Bearish Scenario[EURUSD]Dear Esteemed Investors,
I'm sharing the results of my news trading method with you. By now, all of you know I'm using AI natural language processing to weight world news and cross-check against popular sentiment indicators like DSI and DSIE.
Standard DSI/DSIE signals an optimistic outlook for the EURUSD market. It means that the possibly influential investors believe in the EUR. I've extended these analytics with machine-learning deep neural nets that implement the mentioned natural language processing. Here are some of the crucial results.
The US dollar index has been trending lower in recent weeks, which has provided support for the EURUSD. This weakness results from the expectations of further interest rate cuts from the Federal Reserve. The central bank tackles slowing economic growth.
Positive economic indicators from the eurozone, such as powerful industrial production and retail sales, have boosted investor confidence in the region's economic outlook. It has contributed to increased demand for the euro and a firmer EURUSD.
Geopolitical tensions reduced, particularly regarding the Ukraine crisis, has created a more conducive environment for risk-on assets like the EURUSD. It has led to increased investor appetite for euro-denominated assets.
However, rising inflation in the eurozone has raised concerns about the European Central Bank's ability to maintain its loose monetary policy. It has put downward pressure on the euro and weighed on EURUSD.
Persistently high energy prices are putting a strain on eurozone economies, potentially leading to slower economic growth. It could dampen demand for the euro and weaken the EURUSD.
If the Federal Reserve raises interest rates faster than you expected, it could widen the interest rate differential between the US and Europe, making the dollar more attractive and weakening the euro.
Ongoing geopolitical tensions and possible global recession could negatively impact investor sentiment and dampen demand for the euro and the dollar. It could create volatility and uncertainty in the EURUSD market.
The EURUSD outlook remains mixed, with bullish and bearish factors at play. While the weaker US dollar and positive European economic data have supported the euro, rising inflation, energy price concerns, and the possibility of faster US interest rate hikes pose potential headwinds. Ultimately, the direction of the EURUSD will depend on the relative strength of these factors and the evolving global economic landscape.
In objective numerical, MACD and RSI positively move on the bullish side under the chart. The indicators align with an ongoing bullish signal on them. The previous forecast started on 12 Dec 23 when I took a profit from my 30 Nov 23 short and wrote a bullish outlook. You can find these forecasts on the chart with the related ideas. I traded according to the same logic. So, I had and still have a long since sharing the latest forecast. I believe that the price can continue the bullish rally until $1.111. It's on the resistance line from historical tops under the short ideas on the left side of the chart. I marked the target zone with a green rectangle. If the price retraces, the $1.098 and $1.089 levels could act as support. While the bearish scenario is possible, probabilities point towards a bullish continuation.
Disclaimer:
The success of my historic forecasts doesn't guarantee your future results. It's not an investment advice. Do your research. I wrote the analytics for entertainment purposes.
Kind regards,
Ely
EUR/USD needs to break this key level for further uptrendHello traders and the Tradingview community! Previously we had a great profit
by selling EUR/USD@1.1120 last week. Our target of 1.0940 was hit yesterday generating
more than 180 pips profit.
Currently, EUR/USD is consolidating around the mid 1.09 levels. The direction of the
next move will be determined by how price behaves around the 1.0965 mark.
If we see a strong bullish candlestick that breaks the key 1.0960 level, we can expect
1.10 and 1.11 very soon.
Currently, I have a couple of buys in EUR/USD from 1.0910 and 1.0930 levels. I will continue
to update the idea when I have a new entry.
EURUSD (H1) RSI diverges negativelyFOREXCOM:EURUSD EURUSD (H1) RSI diverges negatively
Buy now at (1.09117)
SL at (1.09016)
TP at (1.09373)
Note: Capital management 2%
💡 EURUSD: Waiting NFPThe price recovered in the last session from the lower border of the rising price channel, however this move has not created any significant price increase signals, so this is still not a good time for buyers to return. You continue to observe to see if any new signals are created in this 1.09 confluence area.
EURUSD → BUY SIGNALBuy opportunity in the FX:EURUSD with a target at 1.09650 for a profit of 20 pips.
EUR/USD might retrace a bit, looking for short-term buysHello traders, hope you had a great New Year! Last week I published to
Sell ideas for EUR/USD with entry@1.1120 and TP@1.0940. It was an absolute
jackpot idea as the price exactly hit my target yesterday with 180 pips profit.
(I have attached the previous idea for you to check and verify)
At the moment, we are witnessing the formation of a temporary bottom in EU.
Although, if we look at the daily chart, we can see potential for further downtrend.
So, short-term traders may buy with 1.1020 as target whereas long-term traders
can wait for a pullback before selling further.
Bullish Vibes in the Air as I Go Long on EUR/USD Today!Analyzing the present price movement reveals a notable reluctance among sellers. With each turnaround in selling pressure, we observe a cautious approach. Sellers have consistently driven the market down by an average of approximately 2.3 percent. I am adopting a bullish stance for the Euro session, aiming to capitalize on potential gains in pips.
EURUSD - Long IdeaEUR/USD is moving sideways. Once a strong support is confirmed, then we will have a price retracement to 1.11400
EURUSD SELLHello, According to my analysis of the EURUSD pair, the pair seems to be in a very negative state. With the break of the ascending channel with a large red candle indicating the strength of sellers. The strong support at 1.10000 level was broken. All of these factors confirm that we will witness further declines in the coming days. Good luck everyone.
EURUSD BUY ANALYSIS Here Eurusd has made some correction at the horizontal line and want to continue it upward movement so more buyers are getting in and going for long is needed and target profits should at the next mark horizontal line
💡 EURUSD: Forecast New Year The price continued to correct downward after being blocked at the 1.1200 resistance area. It is now approaching the 1.1000 conversion zone. You should pay attention to see if it creates a bullish signal here. If so, you can consider new buying positions following the uptrend. In case the price breaks this level, the next target will be around the lower border of the falling price channel.
💡 EURUSD: Forecast January 3The buyers were unable to hold the 1.10 resistance zone as the selling pressure rapidly increased, penetrating this resistance with a very strong force. It is likely that the price will continue to go down with these developments, the target is The next step will be around the lower border of the rising price channel. Trend followers patiently wait. If there is a notable price increase signal in this area, then they should consider entering new buying positions.
EURUSD Buy opportunity.As you can see, on the 1 hour chart, the trend has been very bullish lately. However, there has been a recent pullback. We are looking for a buy opportunity on the open next Monday, as a trend continuation trade.
My reasons to believe price will keep pushing upwards are the main confluences that hint toward this move.
- Fibonacci retracement 50.00%.
- Many buyers previously interested in this region.
- Support zone/bullish OB. (on the HTF)
- Lower bearish volume.
EURUSD retracementHello traders,
For the better part of the day, the price has been making lower lows but in the NewYork session, the price has reached my level of interest which is the Fair value gap.
The price should make a bullish move.
The stop loss level should be below this level.
Share your sentiments in the comment section. Trade responsibly
EURUSD 02/01Pair : EURUSD ( Euro / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame and Short Time Frame with the Breakout of Lower Trend Line. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave
EURUSD POTENTIALLY BULLISHFX:EURUSD Broke out of the major resistance and has formed a new high. On H4 TF, it can be seen attempting to form a new higher low. If the new higher low is fully formed and holds around the 1.10345 area, we just might see some higher push
Targets are at:
1) 1.11300
2) 1.12389
Trade with caution and trade responsibly. Do your due diligence
Happy New year
EUR/USD: A Delicate Balance of Technical Patterns and Market..EUR/USD Embarks on 2024: A Delicate Balance of Technical Patterns and Market Sentiments
As the European session opens its doors to 2024, EUR/USD treads cautiously, marking modest declines below 1.1008. The immediate technical outlook suggests a potential extension of the ongoing correction, while market participants exercise caution, refraining from substantial commitments in anticipation of pivotal macroeconomic data releases scheduled later in the week.
December Triumphs and Dollar Dynamics:
EUR/USD showcased resilience throughout December, securing gains of over 1% and achieving a second consecutive month of positive momentum. This upward surge was fueled by a weakening appetite for the US Dollar (USD) as investors speculated about an imminent Federal Reserve (Fed) rate cut, possibly in March. In contrast, European Central Bank (ECB) policymakers stood firm on their non-committal stance regarding any policy pivot, underscoring the premature nature of such considerations.
Technical Insights and Bullish Channel:
From a technical perspective, EUR/USD continues to navigate within a bullish channel. Presently positioned within the 50% to 61.8% Fibonacci area, the currency pair presents an intriguing opportunity for a potential pullback. Analysts eye a continuation of the bullish trend, envisioning a swing setup unfolding in the upcoming sessions.
Anticipated Data Releases and Market Focus:
In the unfolding day, market attention gravitates towards S&P Global's imminent release of revised December Manufacturing PMI figures for Germany, the Euro area, and the US. These anticipated data points hold the promise of offering crucial insights into the economic performance of key regions, shaping market sentiments in the process.
Our preference
Long positions above 1.09290 with targets at 1.1150 & 1.1200 in extension.
EURUSD: Another Bull Run Towards 1.1200?Dear Traders,
Happy Holidays,
EURUSD recently had some short of correction and now there is sign that price may push towards 1.1200 price area before the NFP next week. A proper risk managed entry can give you around 150 pips.
good luck and trade safe:
all the best for new year 2024 , may this year fulfil all your trading goals.
