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Eurusdlongsetup

EUR/USD looks set to extend its countertrend moveEUR/USD has managed to retrace further from its YTD low during Thursday’s Asian session, and it looks set to extend its countertrend move (assuming yields retrace lower). A bullish RSI divergence formed ahead of the recent lows, and momentum has turned higher, and it looks like EUR/USD now wants to reach for the 1.05570 – 1.0600 level, near the weekly pivot point, trend resistance and 1.0600 handle. Beyond that, we can reassess its potential to either continue higher or form a swing high and revert to its bearish trend. Given the dominance rising yields have had on market in general in recent weeks, it really is down to how the bond market performs as to what we see here on the euro chart.
Long
by CityIndex
EUR/USD back above 1.05, time for a change in trend?Hello traders, I know most of you have been waiting for EUR/USD to reverse from bullish to bearish. However, for more than 10 weeks now, EUR/USD is a prolonged downtrend and we are seeing lower prices every week. That being said, EUR/USD has climbed back above the crucial psychological level of 1.05. If price breaks the 1.0520 level(hourly moving average) and continues to stay above it, there would be some hope for the bulls. Beyond that, a strong test for the bulls lies at 1.0610. If price breaks this level, we can expect a trend reversal. I would recommend traders to keep these few key levels in mind while trading EUR/USD.
by MarcellusLUX
20
EURUSD MID-WEEK ANALYSIS-24/09/2023EUR/USD: Seizing Bullish Opportunities Amid Market Shift A noticeable shift in market behaviour on EUR/USD, especially on the lower timeframes, has prompted me to shift my focus towards potential buy opportunities. Join me as we explore the emerging bullish outlook for EUR/USD and adapt our trading strategies to these evolving market conditions. Stay tuned for further insights and updates! 📈🌐 #EURUSDTrading #BullishOpportunities #MarketShift
Long
by Dion-FX
6
EUR/USD reversal underway, 1.0820 is the next level for bullsHello traders, if you followed my yesterday's idea in EUR/USD, you have probably bagged 120 pips profit as I gave a buy call in EUR/USD@1.0490-1.0510. However, we still have another 200-250 pips to go in the next couple of weeks. 📌In the daily chart, EUR/USD has rebounded from a crucial support level. 📌The path of least resistance now is to the upside. Price has already climbed above the moving averages in the lower time frames. 📌If case of any dips, I recommend buying EUR/USD with 1.0820 as the initial target. Ideal entry would be in the highlighted zone.
Long
by MarcellusLUX
9
EURUSD - Still bearish ✅Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.07000. Fundamental analysis: Next week on Thursday will be released quarterly GDP in USA, if the actual is higher than forecasted it means strength of USD. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
EURUSD Long Term Buy Trading IdeaHello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
EurUsd- Bears should start being carefulEurUsd has been dropping pretty much contained in a channel for more than two months now and, as expected and stated in a few past posts, is approaching the 1.05 crucial zone. Although, in the long term, my bias remains bearish for the pair, at this moment, in my opinion, bears should start being careful and a reversal is looming. Looking at the posted chart we can see that 1.05-1.0550 acted as support at the beginning of the year and again in March, and for a break under a strong catalyst is needed. With all fundamentals already priced in, I don't see a drop under this zone, and the pair could start trading in a range. That being said, in my opinion, short trades from this level are not worth the risk, and is better for traders to wait for reversal signs and trade an up correction towards 1.08. Best of luck and happy trading! Mihai Iacob
by Mihai_Iacob
9
EURUSD - Look for a short ✅Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental analysis: Upcoming week on Wednesday will be released Interest Rate on USD, followed by FOMC Press Conference. This is one of the most important news in America, so pay attention to the result in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
Should you buy the dip in EUR/USD? (Entry, TP, SL)Hello everyone, EUR/USD has been on a downtrend for the past 8-9 weeks. However, that could change very soon. 📌1.0640 is a support level, from where we have already seen a pullback of about 80 pips in EUR/USD. 📌The next support level lies in the 1.0520 region. 📌If the initial support level holds, buying the dip in EUR/USD with target at 1.0850 is a potential trade plan. However, if price drops below 1.0640, traders need to wait for 1.0520 before buying again.
by MarcellusLUX
19
"EURUSD Set to Rise: Support Holds Strong"#EURUSD expected to rise in the coming days the price is clearly reached the support which was around 1.06330, afterwards we can see that the market found a momentum and pushed up and considering the weak ascending broadening wedge pattern in 30M TF it looks week to push it back down. The price is expected to rise towards the trending line (@1.07614-1.08260) 🔥EURUSD BUY ( 1.06900 - 1.06500) 🟢TP1- 1.07200 🟢TP2- 1.07500 🟢TP3- 1.08000 🔴SL- 1.06180
Long
by FKW-Millions
Will EURUSD will breakout soon?EURUSD is a Forex instrument; by looking at the chart, we can see that EURUSD has been in consolidation mode for the last two months. It's roaming in the support ZONE right now. The consolidation band is contracting and might give a break this time. If it breaks to the upside, it can give nice targets of R: R:: 1:3. Reason : RSI moving up from oversold Zone. Moving in Bullish Falling wedge Pattern . Soon, it might give a breakout. Verdict : Soon Breakout Expected. Plan of Action : Buy on Breakout.
by finnova_
6
EURUSD Long Term Buy Trading IdeaHello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20