Eurusdlongsetup
EUR/USD Longs from 1.08600 back up to 1.09400EU is following a pattern similar to GU as anticipated, so the approach will be similar. I'll be seeking buying opportunities near the current price, given the presence of a 6-hour demand zone that prompted a Breakout to the Upside (BOS). If price approaches this zone, I anticipate a Wyckoff accumulation formation before entering buy positions.
However, there's an Asian low beneath the zone, so I need to exercise caution regarding the potential buy. If we witness a successful reaction, I anticipate a price rally to fill the imbalance above, eventually leading to the mitigation of the 17-hour supply zone for potential selling opportunities downward.
Confluences for EU Buys are as follows:
- Price is approaching a decent level demand on the 6hr.
- Imbalances and liquidity above that need to be mitigated.
- Price has already been moving recently bullish the past couple weeks.
- After asian low gets taken I can expect price to slow down and accumulate.
P.S. With the shift in price character to the downside, this could represent a temporary retracement. However, if price persists in breaking structure to the downside, there's a possibility of this demand failing and selling pressure becoming more dominant.
EURUSD I Intraday long opportunity from support zone Welcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
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EURUSD: The USD remained stable as the market waited for US dataThe USD remained strong because the marketplace waited for US records
In forex markets these days, americaA greenback confirmed little volatility as buyers awaited the discharge of extra financial records from america to gauge the capacity route of Federal Reserve coverage state.
After the discharge of a higher-than-anticipated US patron fee index (CPI) on Tuesday, there have been clean worries approximately chronic inflation, inflicting investors to rethink whether or not the Fed will begin slicing hobby fees. potential in June as formerly expected or not.
The opportunity of an hobby price reduce in June is now taken into consideration a 65% chance, down barely from the 71% possibility in advance this week, in keeping with LSEG`s hobby price possibility application. Expectations for an hobby price reduce in July continue to be excessive at round 83%. The Fed is anticipated to hold hobby fees at its assembly subsequent week, however the awareness may be at the critical bank's up to date financial forecasts.
Kyle Rodda, a senior monetary markets analyst at Capital.com, cited that at the same time as latest records has barely modified hobby price expectations, the consensus has been for 3 price cuts for the year. now. He delivered that a greater hawkish stance from the Fed ought to lessen this expectation to 2 price cuts and push the primary reduce to September, strengthening americaA greenback.
The greenback index, a degree of the greenback's electricity towards a basket of six currencies, changed into distinctly unchanged at 102.77. Investors are carefully looking US retail income records, the manufacturer fee index (PPI) and the unemployment claims document due out later these days for in addition symptoms and symptoms of weakness. financial recession.
In Europe, the euro changed into consistent towards the greenback at $1.0949, with marketplace members awaiting remarks from European Central Bank officials.
EURUSD - Long opportunity ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.09000.
Fundamental news: Upcoming week on Tuesday we will see results of monthly and yearly CPI on USA. News with high impact on USD
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EU HAS MORE UPSIDE LEFT? (Longs from 1.09000)My bias for EUR/USD this week aligns with a potential upside movement, mirroring Scenario (A) in my analysis of GU. While I anticipate eventual selling pressure, there's currently no clean unmitigated supply zone that catches my interest. Instead, I foresee a retracement to the 10-hour demand zone for a potential buy opportunity, aligning with the current upward trend.
During this pullback, I expect price to re-accumulate within the zone, providing an opportunity for buying positions targeting either the equal highs or the imbalance above. However, my focus for this week revolves around identifying buying opportunities, considering the anticipated drop in price for future opportunities.
My confluences for EU Buys are as follows:
- Price has been moving bullish recently reinforcing this idea with recent break of structure.
- DXY has been moving very bearish recently supporting this idea.
- Clean 10hr demand zone left that has caused BOS, expect it to continue the trend.
- Daily imbalance above that needs to get filled.
- Lots of liquidity to the upside like equal highs and trend lines.
P.S. I wouldn't be surprised if price keeps surging from my demand zone, situated at a psychological key level, and proceeds to rally up to mitigate the significant 20-hour supply zone. This is where I anticipate the next significant downturn to occur.
Have a great trading week and watch out for this Tuesday's & Thursday's news events!
EURUSD likely to move from Uncertainty to OpportunityHello Traders,
It's good to be back to posting my analysis after a short break.
Here is my outlook on the EURUSD currency pair.
The directional movement of EURUSD is quite unclear. Recently, we have seen price encountered difficulty in closing above the previously established local maximum at 1.08058 in close proximity to the 800EMA, which serves as a dynamic resistance. Upon revisiting this level, a negative reaction occurred in the form of a pullback.
The current level is well-defined, and the breach of both this level and the 800EMA constitutes a strong signal for active buying. Until such a development occurs, the corrective structure may persist.
This current structure could also be viewed as a 1-2 wave structure within a broader wave . As such, this nested structure holds the potential to evolve into a considerably prolonged upward impulse.
In the prevailing circumstances, a breakout beyond the 1.08060 level would signal buying opportunities. The initial target is the 1.08640 level, acting as the center of gravity, and a successful breakout beyond this level is expected to push the price towards 1.0925 and 1.0986, respectively.
Cheers and Happy trading!
EURUSD I Short and long trading plan Welcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURUSDIn the 1-hour timeframe of EUR/USD, a bullish sentiment is evident with a breakout from a falling wedge pattern, complemented by an ascending channel formation and an ABC pattern. This confluence of signals suggests potential upward momentum, making it an opportune time to consider long positions for traders seeking bullish opportunities.
EURUSD Analysis for a Positional Trade with amazing Reward
We have a Fresh Weekly Demand and a Fresh Weekly Supply areas formed,
Now Price has just reacted to the Weekly Demand and post a Confirmation in lower timeframes in the Upward direction(In the direction of the Trend), we will buy with a defined risk.
We see that the previous High is violated and a potential 4H Demand has formed, now there are two possibilities either this 4H Demand will take the price till its Weekly Supply in the opposite or this 4H Demand will be violated. Lets check the Reward to Risk ratio of this 4H Demand, as per the statistic anything above 3:1 is a good opportunity and any FII wouldnt miss such Trades.
Here is the Trade with a Reward : Risk ratio of just a little more than 6:1.
Thank You and ENjoy the Ride ! ! !
EURUSD: The Euro edged higher ahead of the eurozone CPIIn Europe, EUR/USD traded 0.1% higher at 1.0813, ahead of the release of eurozone CPI figures for February, which are expected to show another reflation in the region .
Data released on Thursday showed consumer prices fell slower than expected in France but faster than expected in Germany. Economists are expecting annual growth of 2.5% in February, down from 2.8% in January.
ING added: “A deviation from expectations could cause short-term fluctuations in eurozone and eurozone rates, but would not really have a major impact on the story told by Christine Lagarde and the Council The governor will repeat it next week.”
The European Central Bank meets next week and while no policy changes are expected, the bank could hint at an interest rate cut later this year.
EURUSD LONG TRADE SETUP in the starting of this week we should eyes on the majors pairs movement
in this chart you can see good bullish formation for medium term long trade
from the level 1.0800 you can take long for target 1.1050
the most important support range is looking as 1.0800 level and we can hold this trade for 150-200 pips
EURUSD M15 / Possible Short Trade after taking Asian High ✅ Hello Traders!
This is my idea related to EURUSD. I expect today a bearish move and I'm looking for a short entry taking into consideration the Bullish sentiment of DXY.
- Wait for confirmation.
- Apply risk management.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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