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Eurusdoutlook

EUR/USD Trade Setup – 1 Hour TimeframeMessy Price Action 🤕🤧 On the 1-hour timeframe, EUR/USD has formed a supply zone around the 1.11600 price area, and the price is currently pulling back to that level. Meanwhile, the DXY (US Dollar Index) is tapping into a demand level on the daily timeframe. I’ve also noticed the price slowing down at a minor resistance level, but I’ll wait for a pullback to the supply zone for a more effective entry. Minor support and resistance levels are generally less reliable. Note: There are two types of Support and Resistance Levels 1. Major Support and Resistance Levels: These levels have the strength to stop and reverse a trending market altogether. They are key turning points in the market. 2. Minor Support and Resistance Levels: These levels only temporarily delay rising or falling prices within a larger trend. They provide short-term pauses but are generally less impactful..
Short
by OfficialUBKFX
EUR/USD Sell to Buy idea from 1.10200This week's analysis for EUR/USD (EU) is quite interesting, as there is significant liquidity on both sides of the market. My plan is to wait for a liquidity sweep before considering trade entries. Ideally, I would like to see the price reach my 17-hour demand zone to continue the upward trend. If the price doesn’t immediately reach that point of interest (POI), I’ll look for a short-term sell opportunity from the 4-hour supply zone, but only if I get the right confirmation. While there are equal highs and Asia session highs above the supply zone, I’ll be cautious and look for additional confluences. Key confluences for EU buys: - Significant liquidity to the upside, including equal highs and Asia session highs. - A 17-hour demand zone that caused a break of structure to the upside. - This is a pro-trend idea, with buys looking more favourable. - The DXY (Dollar Index) is bearish, further supporting the bullish outlook for EU. P.S. If the price breaks structure to the upside, I’ll look for a new demand zone to buy from. There’s a lot of liquidity built up above the current price that the market may target.
Long
by Hassan_fx
EURUSD aggressive move higher is coming**Monthly Chart** Last month's candle on EURUSD closed bullish after it swiped the liquidity above Dec 2023 high just shy away from 1.12000 (round number). This month's candle suggests a continuation of the move at least to tap 1.12000 and move above the July 2023 high at around 1.14000 level. **Weekly Chart** Last week candle closed as a bullish engulfing candle which suggests a continuation of the move higher at least towards 1.12000 and then 1.14000 levels (round numbers). **Daily Chart** EURUSD moved higher last week, swiped the liquidity above the previous swing high, and tested the IPA only to move lower. I believe there is still momentum to the upside. However, the structure is currently not supporting it. I would like to see EURUSD move at least to daily IPA and give us a buying structure if it moves higher. The next target is above 1.1250 and then 1.14000 level.
Long
by PropSignals
EURUSD week 39 analysis🌐Fundamental Analysis EUR/USD faced selling pressure above 1.1150 during North American trading hours on Friday. The major currency pair fell as the US dollar (USD) recovered. The US Dollar Index (DXY), which measures the greenback's value against six major currencies, rebounded sharply to near 101.00 However, the overall outlook for the US dollar remains uncertain, following the Fed's aggressive rate cut and growing market expectations that the US central bank will continue its aggressive policy easing cycle. The Fed cut interest rates by 50 basis points (bps) as policymakers appeared to focus on restoring strength in the labour market as inflation eases to the bank's 2% target. In terms of interest rate guidance, Fed policymakers see the federal funds rate heading towards 4.4% by year-end, according to the latest dot plot. However, traders expect a further 75 bps cut to 4.00%-4.25%, according to the CME FedWatch tool. 🕯Technical Analysis The EURUSD uptrend has seen some minor corrections but the buying pressure remains strong, so the immediate price range the pair faces next week is around 1.222 and 1.112. The highest measured Fibonacci extension of 1.618 will be around 1.126 and a retracement of the strategic support zone of 1.108 will keep the pair from a long slide. 📈📉Trading Signals SELL EURUSD zone 1.126-1.128 Stoploss 1.130 BUY EURUSD zone 1.112-1.110 Stoploss 1.108
by TVS-Trader
2
EURUSD: Bearish Bias Anticipated for the Week of 25/09/2024The EURUSD pair has displayed significant volatility in recent weeks, with fundamental factors and macroeconomic data driving price action. As we look ahead to the week starting 25/09/2024, the prevailing market conditions suggest a slight bearish bias for EURUSD. Here's a brief analysis of the key drivers influencing this outlook: 1. Diverging Central Bank Policies The Federal Reserve has maintained a relatively hawkish stance, signaling potential interest rate hikes later in 2024. The ECB (European Central Bank), however, has been cautious, reflecting concerns about slowing growth in the Eurozone, especially after recent data indicating sluggish economic performance in major European economies like Germany and France. This policy divergence is expected to exert downward pressure on EURUSD as the dollar remains supported by higher yields, while the euro faces headwinds due to weaker growth prospects. 2. Slowing Economic Growth in the Eurozone Recent data from the Eurozone, particularly the German ZEW Economic Sentiment index and PMI reports, have shown a marked slowdown in industrial activity and business confidence. This has raised concerns about a potential recession, which could further weigh on the euro. In contrast, the U.S. economy continues to outperform, with robust retail sales and stable job growth supporting a stronger USD. 3. Inflationary Pressures and Monetary Policy Uncertainty The ECB has also been grappling with persistent inflation, but the likelihood of further rate hikes appears to be diminishing. With inflation still elevated, but growth faltering, the ECB may choose to adopt a more dovish stance moving forward. Meanwhile, the Fed remains committed to controlling inflation, with Chair Jerome Powell signaling that rates could stay elevated for longer. This contrast in inflation management strategies continues to favor the U.S. dollar over the euro. 4. Geopolitical Risks in Europe Ongoing geopolitical tensions, particularly related to the conflict in Ukraine, continue to cast a shadow over the Eurozone economy. Rising energy prices, uncertainty in supply chains, and potential disruptions to trade all contribute to the euro's vulnerability. These factors, while less impactful on daily price movements, play a significant role in the long-term bearish sentiment surrounding the EURUSD pair. Technical Outlook From a technical standpoint, EURUSD has been trading near key support levels around 1.0650. If this level is breached, the pair could see further declines toward 1.0550. The 50-day moving average is pointing downward, signaling continued bearish momentum. However, the pair could find temporary support if market sentiment shifts or if the ECB surprises with a more hawkish stance than expected. Conclusion: Slight Bearish Bias Expected for EURUSD Based on the current market conditions and fundamental factors, it appears that the EURUSD is likely to experience a slightly bearish bias heading into next week. The combination of diverging monetary policies between the Fed and ECB, slowing Eurozone growth, inflationary pressures, and ongoing geopolitical risks all suggest downward pressure on the pair. Traders should closely monitor key support levels and any updates from central bank policymakers, as these could influence the direction of EURUSD in the near term. --- Keywords for SEO: EURUSD outlook, EURUSD forecast, EURUSD next week, bearish EURUSD, Euro to Dollar analysis, EURUSD trading analysis, EURUSD technical analysis, EURUSD fundamental factors, ECB monetary policy, Federal Reserve impact on EURUSD, Eurozone economic slowdown, Forex trading EURUSD, EURUSD price action analysis, Forex weekly forecast, EURUSD key support levels, EURUSD technical indicators.
Short
by PERFECT_MFG
#EURUSD: 600+ PIPS Buying Chance Emerging! Good LuckFX:EURUSD Price in weekly timeframe shown us a clear price indication of what it could be heading towards. There are more than enough confirmations which helped us to analysis and predict the future price of EU. Although, there is a big chance that price may drop a bit further down due to FED involvement within the market tomorrow. However, we are confident enough that price will remain bullish for upcoming weeks. Good luck.
Long
by Setupsfx_
14
KOG's RED BOXES - EURUSD EURUSD: Key level red box here is around the 1.1045 region with the bias being bullish above. Swing high currently in production, immediate red box needs to break. Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
by KnightsofGold
EURUSD 1H TIMEFRAME ANALYSIS | SELL MEAL IS READY WHAT YOU THINKHello, everyone! I hope you’re all doing well and ready to dive into today’s trading opportunities. I’m excited to share my analysis on EURUSD and discuss a potential setup that I believe could be quite rewarding for us. As we assess the current market landscape, it’s clear that eurusd has recently grabbed all buy-side liquidity. This movement indicates a potential shift in market sentiment and opens the door to bearish momentum. With this in mind, I’m considering a short position on eurusd, with my entry point at 1.11800. Here’s my detailed outlook: Market Analysis: The price action we’ve seen suggests that buyers have exhausted their strength. With liquidity being tapped out, we’re now likely to see sellers take control, pushing prices lower. Historical patterns and current trends support this bearish outlook, making it an opportune moment to capitalize on potential downward movement. Target Levels: For this trade, my first target is set at 1.11450, and I’m aiming for further downside to around 1.11150. These levels have shown significant support in the past, and I anticipate they will be crucial in this trading session. Risk Management: To protect our investment, I’m implementing a stop loss at 1.12200. This provides us with a comfortable 30-pip buffer, allowing for some market fluctuation while safeguarding our capital. It’s essential to have a clear risk management strategy in place, especially in volatile markets like eurusd. Trade Execution: I encourage everyone to analyze this setup based on your own strategies and risk tolerance. Always ensure that your trade aligns with your overall trading plan. If you’re considering this trade, I recommend staying vigilant and watching for confirmation signals before entering. Community Engagement: I want to take a moment to express my heartfelt gratitude for the incredible support and engagement you’ve shown for my ideas. Your feedback not only motivates me but also enriches our community. If you have insights, alternative perspectives, or questions about this setup—or if there’s anything else on your mind—please share in the comments! I’m eager to discuss and learn from all of you. Looking Ahead: As we navigate today’s trading session, let’s remain focused and adaptable. The markets can change rapidly, and being prepared to adjust our strategies is key to success. Remember, trading is not just about making profits; it’s also about continuous learning and growth as traders. Thank you all once again for being such a fantastic community! Together, let’s make the most of today’s trading opportunities. Here’s to a successful day ahead—let’s aim for those profits! 🚀💰✨ Happy trading, everyone!
Short
by HouseofProfit
Bullish Outlook for EUR/USD Next WeekNext week presents a strong bullish opportunity for EUR/USD, especially for long-term longs. While we may experience a short-term pullback, I expect the Euro to spike down early in the week before rallying on Wednesday, driven by the anticipated Fed rate cuts on the Dollar. My entry point will be around the 1.10236 demand zone, where I will look to open long positions. With a bearish outlook on the U.S. Dollar. The Euro is poised for a potential bull market. (Take profit levels can be set higher based on your own analysis. My targets are for reference only—always trust your own strategy and avoid relying on others.)
Long
by abuannas
1
EURUSD / UNDER UPWARD PRESSURE - 4HEURUSD / 4H TIME FRAME HELLO TRADERS EURUSD is currently trading above the turning level of 1.099 and remains above the support trendline, indicating upward momentum. There are two potential scenarios: The First Scenario , Since the price is trading above the turning level 1.099, it suggests an initial bullish sentiment , If the price rises and reaches the resistance level at 1.107, it indicates that the upward momentum is strong. A price movement above this level suggests further bullish potential , If the price stabilizes above 1.107 and continues rising, reaching 1.110 would confirm a sustained uptrend, as the market would have shown resilience and strength above previous resistance. The Second Scenario , If the price falls below 1.099 and closes a 4-hour candle below it, this indicates a bearish shift as the price has broken through a support level , A decline to the support level at 1.094 would be a further bearish signal, For a confirmed downtrend, the price needs to break through the established channel and stabilize below it. This would indicate that the bearish trend is likely to continue, as the price has not only broken support but also failed to recover. UPWARD LEVEL : 1.107 , 1.110 . DOWNWARD LEVEL : 1.094 .
Long
by ArinaKarayi
EURUSD Technical Analysis and Trade Idea👀👉 The EURUSD has broken key support levels across multiple timeframes, suggesting a continuation of the current bearish trend and potential further downside pressure. Technical Overview The pair is forming a bearish structure with lower highs and lows on the daily and 4-hour charts, signaling more bearish momentum that could drive the price toward previous lows. Trading Strategy I'm waiting for a retracement to the 50-61.8% Fibonacci zone, which often attracts price in trending markets. If the PPI data today strengthens the USD, this could offer a good entry point for a short trade, in line with the bearish outlook. Risk Management While the setup looks promising, it's important to wait for confirmation before entering. Look for bearish candlestick patterns or a rejection at key resistance levels within the Fibonacci zone to minimize risk. Market Structure Sellers are currently in control, and any rallies are met with selling pressure, pointing to a possible further downside if support levels continue to break. Always do your own research and manage risk carefully. Never trade more than you can afford to lose. 📉✅
by tradingwithanthony
EUR/USD Faces Reversal After NFP: A Sell-on-Rallies StrategyAfter dropping near the 1.1 support level, EUR/USD began recovering its losses and successfully reclaimed the 1.11 resistance level. However, after testing the 1.1150 resistance (which previously acted as support during the top formation), the release of the Non-Farm Payrolls (NFP) data triggered a strong reversal, pushing the pair back below the 1.11 support level. As of now, the price stands at 1.1080, and there is a high likelihood of further downside movement. In my view, selling on rallies presents the best strategy for this pair. The first target is the support at 1.1, but as said, the pair could even drop to 1.0920 zone
Short
by Mihai_Iacob
EURUSDIk neem nog een keer een long entree op EU. De vorige was op BE gesloten maar ik denk dat we nog een laatste push omhoog krijgen voordat we verder naar beneden gaan. Al ligt dat natuurlijk ook aan de cijfers die aankomende woensdag uitkomen zoals de rente verlaging. EU blijft ook sterk terug komen op de entree prijs wat een teken is van kracht. ------ I'm taking another long entry on EU. The previous one was closed on BE but I think we'll get one last push up before we go further down. Although that also depends on the figures that will be released next Wednesday, such as the interest rate cut. EU also keeps coming back strongly on the entry price, which is a sign of strength.
Long
by Ghost-Feed
EURUSD week 37 analysis🌐Fundamental Analysis EUR/USD gave up intraday gains and slipped below 1.1100 after hitting a fresh weekly high of 1.1150 during Friday's North American session. The broad currency pair's gains were offset by a solid recovery in the US Dollar (USD). The US Dollar Index (DXY), which tracks the greenback against six major currencies, rose to near 101.40 after reversing intraday losses. Signs of slowing labour demand have fuelled market expectations that the Federal Reserve (Fed) could start cutting interest rates aggressively. The ECB is widely expected to cut interest rates again at its September meeting. The central bank started the policy easing process in June but left its key lending rate unchanged in July. In the final quarter of the year, traders remained divided on whether the ECB would cut at its November or December meeting, or both. 📊Technical Analysis The bounce and high of 1.115 has created a new bearish channel for EURUSD. On the 4-hour time frame, the two EMAs have come together, indicating that the bullish momentum is not as strong as last week and that a trend reversal is in order. The narrow price range that the pair formed last week at 1.113 and 1.101 is widening as a break from the narrow range could see the pair reach last month's high around 1.119 and on the upside, the support at 1.095 will keep the pair in the long-term bullish channel. Support: 1.101-1.095 Resistance: 1.115-1.119 🕯Trading Signals SELL EURUSD zone 1.119-1.121 Stoploss 1.123 BUY EURUSD zone 1.095-1.093 Stoploss 1.091
by TVS-Trader
EUR/USD Longs to short idea from 1.10500 My analysis for EU is similar to GU. Currently, the price is very close to a 3-hour demand zone where I will be looking for buying opportunities. Once the price enters this zone, I will wait for distribution before targeting the nearest supply zone for a potential sell. When the price reaches that supply zone, I will consider entering sells, as there's a similar setup in GU from last week's NFP. However, my ultimate target is the extreme supply zone at the 10-hour level. Confluences for EU Buys: - The price has created a clean demand zone that caused a change of character (CHOCH). - In the short-term trend, there's substantial liquidity to the upside for price to take. - This setup aligns with the DXY (Dollar Index). - Price has filled in an imbalance as well. Note: I am more inclined to take these buys since the demand has caused a CHOCH on the higher time frame. Have a great trading week, and don't forget about the upcoming CPI data!
by Hassan_fx
EurUsd- Buy dips for 1.12 retestIn my last EUR/USD commentary, I mentioned that the pair could reach 1.11. That target was not only met but exceeded, with a top at 1.12. The pair is currently in a normal corrective phase, and once this correction ends, EUR/USD could resume its upward movement. My strategy is to buy on dips near the 1.10 level, with the potential for a 1:3 risk-to-reward ratio depending on the stop-loss placement. Shorter-term traders could also consider the 1.11 level as a point to take profits.
Long
by Mihai_Iacob
2