The US dollar strength against the Euro $EURUSD The European Central Bank had previously lowered interest rates, while the US Central Bank kept them high, and this gives the dollar strength against the euro.
Eurusdoutlook
0606 ECB Likely to Surpass Fed in Rate Cutting.EU DOWN FOR THAT?Hello traders,
European Central Bank (E.C.B.) is likely to overtake the Fed in terms of rate cuts today in later session. While the Fed has been seen as the global weathervane for monetary policy, the E.C.B. may take more aggressive steps to stimulate growth as pressures on the eurozone economy increase.
This CUTTING rate decision could make EURUSD turn down from this week. Check these charts:
Left daily chart, waiting for a fake breaking through signal or bearish confirming signal when EURUSD trying to retest the daily pressure zone.
On the right weekly chart, EURUSD is considered sideways price action in a downtrend channel. If ECB decides to cut rate today, it could make a reflection point on this channel and down to test low as the arrow.
GOOD LUCK ON THIS SELLING PLAN AFTER CONFIRMING ECB CUTTING RATE DECISION.
LESS IS MORE!
EURUSD: in the short term there is a recoveryEURUSD: In the short term, the EUR is recovering, but not significantly, and with current geopolitical information, I think that EURUSD will soon return to a downward trend in the context of preparing for elections in France taking place in at the end of this month. In today's session, it is expected that EURUSD will re-test the 1.0750 area and then turn down. Please consider selling with the EU.
You Need An Edge In The Markets - Tradingview Has The Tools!👉📈 In the video, we look at a EURUSD trade opportunity, but more importantly, we delve into essential features and tools available on TradingView, which can considerably enhance your trading edge. Here’s what we cover:
✅ 1: Multi-Chart Layout:
- TradingView’s workspace allows you to view multiple charts simultaneously. This feature is particularly useful when analyzing currency pairs like EURUSD.
- By comparing different timeframes or related assets, you gain a broader perspective on market dynamics.
✅ 2: Currency Indexes:
- Currency indexes provide crucial insights. They help answer questions like:
Is the EUR (Euro) truly under pressure?
Is the USD (US Dollar) gaining strength?
- For instance, even if the EURUSD pair appears bearish, understanding the individual currency strengths is vital. Sometimes, two currencies may be trending in the same direction with one slightly stronger than the other.. you might look to avoid trading the currency pair associated with this scenario.
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EURUSD Cutting-Edge Analysis? like a "loot button" ))))Hi guys. Let me share some thoughts on the prospects of the EURUSD pair
Retail's been building up long positions and cutting short ones, which suggests a strong bearish sentiment (think "sell when everyone's buying").
The same bearish mood is lurking in the options market, where folks are aggressively trading "naked shorts" and combinations. However, we should note that volatility has spiked to this year's max—these bursts often trigger "stoppies" or short-term corrections, instead of following the main trend.
Visually, the "longs" have been punished, and now the market's favoring the bears. Interestingly, the highest concentration of bears is after the close of a bearish candle—remember your tech analysis books, that's a "candle with a big body and almost no shadows"—a 100% trigger!
I hope this summary increase your trading edge!
EURUSD - Expect retracement !!Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: As we can see here we are in a bearish market structure, but for now I expect price to make a retracement till FIBO 0.618 level to fill that huge imbalance.
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EUR/USD Shorts from 1.07400My bias is similar to GU, given the significant bearish pressure we've seen. I aim to continue this bearish trend. Currently, I am waiting for a pullback into a supply level for price to distribute and maintain its downward direction.
I will look for sell opportunities at the 10-hour supply zone. If the price doesn't react there, I expect a stronger response from the 4-hourly supply zone, which is at a more premium price. From there, I plan to sell back down, targeting the liquidity below.
Confluences for EU Sells are as follows:
- Lots of liquidity below that needs to get taken as well as imbalances that need to get filled.
- DXY is also looking bullish which aligns with this idea as well.
- Price has left a clean level of supply that has been unmitigated.
- Price is currently in a downtrend so this is a pro-trend idea.
- Higher time frame and candle stick anatomy also show bearish
P.S. If the price drops a bit more, I will consider taking buys from the 4-hour demand zone, as it is valid and at a good price point. However, if this zone breaks, it will further confirm my bearish bias.
🤟EURUSD: New MULTITIMEFRAME analysis is here🤟☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
EURUSD Full bearish confluence. Multitimeframe UPDATE.Please see multitimeframe analysis below. Check previous idea for more context. Support with a boost and comment - I DO appreciate it.
HUGE WIN, WHAT'S NEXT? EURUSDA huge win for us with a 100% accuracy, as you can see EURUSD has followed exactly my plan. But what's next now? I expect a downside moves in the London session that could push the price till 1.07750, here I will look for a long setup with a possible reversal starting at the beginning of the NY Session. My first target is above 1.08500.
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EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " A " Corrective Waves
Break of Structure and Retracement
RSI - Divergence
Bearish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 61.80%
EURUSD Daily planI expect a fake moves to liquidate the longs, so i think that today EURUSD will break below the accumulation zone i drawed. This could be a classic market maker moves, and i want to long it. If i will see a reversal pattern at the beginning of the NY session, i'll long it targeting the open of the market gap
EUR/USD Outlook ICT Consept📈💰 Welcome to Your Channel!
Welcome to your very own channel! Here, we embark on a collaborative journey to analyze and scrutinize financial markets, aiming to achieve substantial profits together. Let's dive into the forex market, focusing on one of its key assets: EUR/USD .
📉🔍Impact of News on EUR
Last week, significant news favored the direction of the dollar index, causing a substantial impact on the EUR. This led to several large downward closing candles in the EUR/USD market.
🚀📈Internal Liquidity Sweep and Potential Upward Move
We recently swept some internal liquidity ( ERL ), and we can anticipate a move higher to fill the unfilled gaps and Fair Value Gaps ( FVG ) created by those substantial down close candles.
📊📉Major Sell-Side Liquidity and Optimal Trade Entry Levels
Ahead of us lie the major sell-side liquidity levels and Optimal Trade Entry ( OTE ) levels. We can expect a continuation to deeper levels after a retracement upward to reach the levels mentioned earlier.
🚀📈 Stay Tuned for More Insights
Thank you for joining us on this insightful journey.
Stay tuned for more market analysis and updates. Until next time, happy trading!
📊⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
EURUSDThe EUR/USD pair is showing a bearish movement on the 4-hour timeframe as the Elliott Wave 5th wave has completed, and the price has broken out of the ascending trendline. Currently, the price appears to be following an Elliott Wave ABC correction pattern. We should wait for the 50% retracement of the corrective wave to complete before entering a selling position.
Weekly trade planning sessionHi Traders, this is another episode of charts247 weekly trade planning session. We believe in trade planning because it helps us identify high-probability forex pairs that we should trade during the week.
Below are the indexes based on the 4HR wave structure.
DXY: Bullish Reversal (+ve)
EXY: Bearish Continuation (-ve)
AXY: Reversal (-ve)
SXY: Bullish Pullback (+ve)
JXY: Bullish Pullback (+ve)
BXY: Bullish Pullback (+ve)
CXY: Bearish Continuation (-ve)
ZXY: Reversal (-ve)
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BUY PAIRS: USDCAD, AUDCAD, GBPCAD,
SELL PAIRS: EURUSD, CADJPY, EURGBP, EURAUD
EURUSDI am expecting EURUSD to make a move upward, thereby taking out the previous high before deciding if to continue moving upward.
EURUSD Technical Analysis and Trade IdeaDuring a recent rally, the EURUSD exhibited notable bullish momentum. In our video analysis, we explore potential long positions, contingent upon price aligning with our entry criteria. Examining the 4-hour chart, we observe a previous bearish trend that has been interrupted by a bullish market structure breakout. While my bias leans toward a long position, it remains contingent on price action developments outlined in the video.
Disclaimer: This content does not constitute financial advice.
EURUSD: expected to have a downward adjustmentEURUSD: This currency pair in today's session is expected to have a downward adjustment in the context that the ECB will announce that EUR interest rates today are expected to decrease, so it is possible that EURUSD will re-examine the 1.0800 support area first. when the outlook increases again. However, observing on technical factors, the uptrend is still the dominant trend. You can consider waiting to buy with EURUSD today around the support area of 1.0800
EURUSD accumulates with upside amid negative backdrop for USDEURUSD: The EUR yesterday adjusted slightly, then increased again in the early morning session this morning. On the H4 frame, it can be seen that the uptrend has returned to dominate before, however in today's session it is expected that the market will largely still accumulate with the advantage of increasing points in the context of quite a lot of negative information for the USD and the market. The school is waiting for nonfarm news this weekend. Therefore, you can consider buying EURUSD in today's session. Recommended to buy around 1.0860
EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
Resistance Level
Impulse Correction
dollar Index to fall towards 101, 100Dollar index has been weak on recent weeks and this move is likely to continue. I expect XETR:DAX to continue falling towards it's previous support and resistance levels at around 102, 101 then 100
If this move happens then it is good news for pairs like FX:EURUSD and FX:GBPUSD as they are all set to drift north. Fundamentally news have been against the dollar recently. On monday 3rd we had US ISM Manufacturing figures which came lower than expected. Today 4thmay24 their is JOLTS Job opening report which is also expected to be lower and this will be a negative driver for $dax.
Always do your own research before pulling and shots .
Use a hard stop loss and good luck. Check my socials and follow for updates
EURUSD - Long from bullish order block !!Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental news: This week on Thursday we will see results of Interest Rate in Europe and on Friday we have NFP day. News with high impact on EUR and USD, so pay attention to the results in order to validate the analysis.
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EUR/USD Longs 1.08300I'm expecting the price to retrace back down to the 4-hour demand zone. Once it reaches this level, I'll wait for price accumulation to buy back up. If the price breaches this zone due to the Asian low underneath, I'll be more interested in the 6-hour demand zone right below, which looks more probable.
I anticipate the price to rise and take out the pool of liquidity around the Asian high region. Once this liquidity is taken, I expect the price to slow down and enter the 11-hour supply zone, where we can look for potential selling opportunities.
Confluences for EU Buys are as follows:
- The Demand zone has caused a CHOCH to the upside.
- Lots of liquidity to the upside as well as that wick that needs to get filled.
- Price is already been bullish so this is a pro-trend trade.
- In order for price to keep going up it must retrace and enter these key levels to trigger a rally.
P.S. Since the price hasn't broken another level of structure as I expected, the 6-hour extreme looks more appealing to me. We'll see what the price decides to do on Monday.
Have a great trading week and thanks for 1k followers!
