EURUSD WEEK ANALYSIS 16/02/2024A move to the downside seems reasonable when it comes to trend following
Eurusdoutlook
EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
Break of Structure and completed the Retracement
Lower Low - Lower High
Rejection from Resistance Level and Fibonacci Level - 38.20%
SHORT IDEA 3RR / EURUSD / 15th FEB 2024- I believe the price will present a bearish session.
- Price has performed so far a London Judas Swing.
- Price has made the initial high at 25% of the PWR.
- Asia’s RELs are my first target.
- PDL is my target for the day.
EURUSD I Correction in process to 50% fib of the bearish impulseWelcome 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!
EURUSD Trade Idea / 14th FEB 2024- I want to see a bullish session if the price finds support at Asia’s equilibrium.
- Price is within the monthly FVG, may use this as an IFVG to rebalance CPI’s range.
- 25% of the PDR is my target.
ONLY IF THE PRICE FINDS SUPPORT AT ASIA'S EQUILIBRIUM!
EURUSD READY TO DROP MOREHELLO FRIENDS!
EURUSD is now trading in downtrend and rejecting from broken support zone we expected another drop on this pair. as we can see $ index is moving to the upward and this pair is trading under bearish Trend it can test these given support levels in coming days as we can see US Inflation data ahead a positive data for $ can bring to us these levels on EURUSD Its just a trade idea share Ur thoughts with us and stay tuned for more updates.
CPI SHORT EURUSD / 13th Feb 2024 The directional bias was perfect.
The price traded to the monthly FVG as expected
EURUSD: Upcoming big swing selling opportunity!Dear Traders,
As we have news today and tomorrow we think price of EURUSD will fill up the liquidity void area before going down any further. Therefore, our entry will be around that reason if news spikes up and create a strong wick. Once price comes to our area of entry we can enter sell entry.
EUR/USD SHORT "FOLLOWING THE STRUCTURE"we are marking structure on 4h tf. eur/usd is making lower lows and lower highs indicating a downtrend and marking resistance on 4h tf. when London opens at 3 am EST 30m and 1h close below resistance. we are taking a short entry there. we have CPI, PMI, retail sales and multiple fed member speaks. monitor economic events closely and manage your position.
EURUSD - Short from bearish order block ✅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 want price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block.
Fundamental news: Next week is full of news with impact on USD. On Tuesday we will see results of monthly and yearly CPI on USD. On Thursday we'll have Retail Sales on USD.
Like, comment and subscribe to be in touch with my content!
EUR/USD Shorts from 1.08700 back down. Pro trend idea.My bias on EUR/USD has shifted to bearish following the upward movement of the dollar (DXY). With EU breaking structure to the downside, confirming the bearish trend, I'm now exploring strategies to capitalise on this. Currently, I anticipate a pullback in price to fill the imbalances just below the 20-hour supply zone (A).
However, considering the distance from that supply zone, another scenario (B) may unfold. This involves price descending further to sweep the relative equal lows and reach my 19-hour demand zone. Subsequently, I foresee a bullish reaction prompting a reversal in price direction.
Confluences for EU Sells are as follows:
- Price left a clean 20-hour supply zone that caused a break of structure to the downside.
- The overall trend for this market is bearish.
- The dollar (DXY) is also moving bullish so it aligns perfectly.
- Imabalnces below the supply that needs to be addressed.
- Lots of liquidity left to the downside in the form of equal lows and Asia Lows.
P.S. With the dollar also breaking structure to the upside, it complements this bias effectively. However, I'm not exclusively committed to one direction; I also entertain the possibility of price declining further to signal a bullish trend. We'll have to observe how price unfolds.
Happy trading people!
Will FOMC cause a EUR/USD rush?We’re coming down to the last hour stretch for the trading day (depending on your location, I’m in New York so closing time is 5:00 P.M. (1700)
As indicated in my previous idea for the EUR/USD, it has been a pretty slow decline for the past 10 days however; it is still wedged in, in terms of a still valid falling wedge pattern.
If the daily candle closes with a gain, that signifies a strong indication of a bullish move but the question is, if the bulls decided to run, how far will the up move be?
If targets are at the pattern projection, we’re looking at 1.0900 minimum which is in the same area at the main pivot zone.
If sellers come pouring in, then I’d project a move down to at least 1.0750. With FOMC on the horizon, I wouldn’t be surprised if price whipsawed to stop many traders out before actually making any significant move.
From a purely technical point of view, we’ve got a falling wedge with what is now a more prominent “hidden” MACD divergence.
Long term, I’m bullish on the EUR/USD due to a large bullish pattern that can be observed on both the Monthly and Quarterly time frames.
Projected long term price targets are 1.1500 followed by a second target of 1.2000
We shall see tomorrow with FOMC and NFP Friday morning.
Trade safe and manage risk.
EUR USD TRADE SET UP EUR USD has fallen to a major support level and formed a pin per candle on the 4h
Will be looking for some sort of double bottom on the 1hr timeframe to get a buy entry
EURUSD Trade IdeaWe can see that the EURUSD has been under pressure lately. It is currently trading down into a key support zone as shown on the chart. Previous 1D lows are the draw on liquidity. I'm anticipating a retrace and looking for a potential sell opportunity if we see a move into the 50-61.8% Fibonacci level. T1 at previous low and further targets would be a bullish order block at the extended 50% level on the fibo.
EUR/USD Longs from 1.07500 up towards 1.08800For EURUSD this week, my analysis closely mirrors what I've observed with GBPUSD. I anticipate a similar scenario unfolding, where I expect price to dip slightly further to interact with the refined demand zone on the 2-hour timeframe. Following this interaction, I'll be on the lookout for a bullish response.
Alternatively, if price doesn't reach this demand zone, I foresee a swift retracement to fill the imbalances from NFP Friday, followed by potential distribution within the newly identified 10-hour supply zone. Should this supply zone be tested first, my strategy will involve selling positions targeting the 2-hour demand zone.
Confluences for EU Buys are as follows:
- Price is near a clean 2-hour demand zone that has broken structure to the upside.
- Liquidity above zone so when it gets swept we can expect price to re-accumulate within our zone to then buy back up.
- There's lots of liquidity to the upside that needs to be addressed as well as some imbalances.
- Dollar (DXY) is still looking bearish as well which means more upside is still left for EU.
P.S. Should the 2-hour demand zone be breached, I anticipate a shift towards a bearish trend, as it represents the final support connected to that wing point. Keep your zones pre-marked to stay prepared for any sudden price movements.
Have a great week everybody!
EUR/USD - Choppy MarketHello everyone ...
if price break our entry areas then this idea will be invalid..
Use good trade management only thing important in Trading is how you manage your trade...
our signals are 95% accurate give us follow and motivate us by likes and comments...
.. good luck..
EURUSD
EUR/USD is showing a bullish trend in the 4-hour timeframe, marked by a breakout from a falling wedge pattern. The price action is currently conforming to an ABC waves pattern, suggesting potential upward momentum. Traders might consider monitoring this development for potential trading opportunities aligned with the bullish bias.
EURUSD Looking BullishThe EURUSD is currently situated in the Daily Demand area, signaling a possible dominance of buyers. The existing upward trend remains intact unless there is a break below the critical Higher Low level at 1.07250.
Being within the Daily Demand zone, the EURUSD indicates a positive outlook for buyers, with the upward trend likely to persist as long as the crucial Higher Low support at 1.07250 remains unbroken.
EURUSD On the way to 1.10Nice breakout and pump on EURUSD. My plan is going well, and i think it's time for EU to pump. My first taget is 1.10. I exclude a retest of this local low, but we could maybe see a pullback to 1.086 before bouncing up again.
EU Sells IdeaEURUSD has maintained a great bearish trend
Now retesting a recently broken support now potential resistance
EURUSD Looking BullishIn our examination of EURUSD, it's crucial to emphasize the existence of a double bottom pattern.
This pattern, combined with robust support observed within the Fibonacci levels ranging from 0.5 to 0.6, amplifies the importance of the current scenario. It indicates a compelling scenario for a potential upward trend, potentially leading to a substantial gain in pips.
Keep an eye out for further updates, and as customary, approach your trades with assurance.
EURUSD LONG 30 JAN 2024Price is approaching strong support level at 1.0780 (Daily swing level).
Price moves in falling wedge pattern for the last few days and expected to break above.
Buyers are not letting the price to close lower which can be seen for few days now.
With upcoming strong US news, we can expect price to go further low before continuing the up move.
EURUSD - Let's go higher now ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: As you can see in my previous analysis price delivered as expected. Now I expect bullish price action after filling the imbalance and rejecting from bullish order block + institutional big figure 1.08000.
Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
