EUR/USD 4H Chart - Strong Demand Zone & Possible Reversal SetupEUR/USD 4H Chart - Strong Demand Zone & Possible Reversal Setup
In this 4-hour EUR/USD chart, we see the price approaching a significant Strong Demand Zone , which could act as a major support level. The market has been in a downtrend, but a potential reversal is indicated once the price interacts with this zone. The price may consolidate before pushing upwards through the resistance levels marked on the chart.
I anticipate a bullish move once the market finds stability in the demand zone, with the price action potentially heading toward the upper resistance levels around 1.10 and 1.11. If we see a breakout above these levels, it could signal further bullish momentum.
Let’s keep an eye on how the price reacts within this demand zone for potential entry opportunities!
Eurusdlong
EUR/USD – Potential Stabilization at Green Zone SupportThe Euro has been declining for several days, and as we approach the green zone identified as a support level, I believe we may see some stabilization or a rebound. This area has historically acted as a support level, and it could provide the necessary buying pressure to reverse the recent downtrend.
Strategy: I will be monitoring the price action closely around this green zone for signs of a potential bounce and may consider entering a long position if the conditions are favorable.
EURUSD Area of interest & Potential movementsActively looking for buys inside the grey box (1), is a relatively risky trade because of the dollar index looks bullish. To play safe i just want to see an invalidation of some kind of supply. Something like market structure break(2). And then look for buys (3).Sweeping the area of intereset above does not change the long BIAS. İ'll be actively looking for longs from here aswell (4). If we loose the arrow (5) chart need upate.
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.
EURUSD - Long from OB !!Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect price to continue the retracement to fill the imbalance lower and then to reject from OB.
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EURUSD Analysis for October 13, 2024In the daily chart, the Fibonacci levels I drew from two different lows have created a confluence. This area is also strengthened by a previous higher high (HH) and has become a demand zone.
The long wick extending downward indicates buyers' reaction to this price level. I expect an upward movement from here. However, before opening a trade, you might want to wait for bullish momentum to form on lower time frames.
EUR/USD SEll setup1-Hour Chart Analysis
The 1-hour chart is consolidating within a tight range after the recent sell-off. A breakout from this range could signal the next major move for EUR/USD. The bearish trend is still in play, but a short-term retracement to test the upper range boundary is possible.
Key Observations:
Price is consolidating in a tight range between 1.09350 and 1.09548.
There is potential for a breakout either to the upside (corrective move) or to the downside (continuation of the bearish trend).
The next significant target for sellers could be around 1.08994 (marked as TP1 on the chart).
Trade Opportunity:
Traders can consider shorting the pair if price breaks below the current consolidation range, targeting 1.08994 for a take-profit level. Alternatively, a break above 1.09548 could lead to a quick corrective move, allowing for a short-term long trade.
LOOKING FOWARD FOR THIS M15 SETUP 1.Price already enter a very strong demand zone I think here sellers will find all the buyers they have been looking for (LOL) remember if you are selling 100 iPhones you will need 100 buyers it's that simple.
2. Price have wiped out lot of liquidity, so why will price keep going down to sweep that low in H4 I think there's no need for that therefore from this point we should see the start of a complex pullback to a supply zone in H4.
3. This figure you see here in M15 that will be my confirmation to start buying, Fibonacci is showing our M15 trading range (last high, last low) if this doesn't happen it means is going deeper into our H4 demand zone, that's why I always opt for confirmation in lower time frame before executing any orders.
WILL KEEP YOU GUYS UPDATED!!
EURUSD: Dollar holds steady as Fed minutes emergeThe US dollar remained steady today, providing some respite for the yen and other major currencies after rising to a seven-week high last week. Market participants are taking a moment to assess the future trajectory of US interest rates.
Investors are awaiting the release of the minutes from the Fed’s September meeting today, which will reveal the discussions that led to a 50 basis point rate cut, agreed by all but one policymaker amid a seemingly worsening labour market.
EURUSD longAs my anylisis is very top down this time on EURUSD and i am expecting The pair to fly to its global resistance as on Monthly Time frame i have seen observed a Trenline breakout and Restest over it on weekly Time frame i have observed flat resistance rising price pattern also on H4 i am expecting price reversal on H1 i have seen a falling wedge so am buy
Baised on The pair
Bullish divergence on EUR/USD 4hHello guys,
As you can see on the #EURUSD chart in the 4H time frame, it is consolidating within the liquidity box and has formed an RSI bullish divergence pattern. I’m going to open a trade with an R/R of 6 and a stop loss of 8 pips when break-out happened above the box.
Don’t forget to keep your risk at 1% per trade. That’s a crucial rule that could be the key to your success.
Good luck!
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.