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Eurusdoutlook

EUR/USD Shorts from 1.09200 back down This week’s analysis for EUR/USD is somewhat different from GBP/USD. I expect price to continue dropping from one of the two supply zones I’ve identified. I’ll be watching for a potential Wyckoff distribution pattern to form at these zones. Once I see signs of distribution, I’ll look to enter short positions, targeting the liquidity pool below. If, during the week’s election events, price drops to fill the gap left at Sunday’s open, I see potential for buys from the 1-hour demand zone. I’ll wait for signs of price slowing down and accumulating to identify good entry points for long trades. Confluences for EUR/USD Sells: - Price is approaching a premium supply area. - Significant liquidity lies below, including untouched Asian session lows. - The higher timeframe trend remains bearish. - The DXY still shows strong bullish pressure. P.S. Although there’s been a recent shift in character to the upside, I still view EUR/USD as bearish on the higher timeframe, especially with the dollar’s ongoing bullish momentum. I’ll observe price behavior within my points of interest to determine the best entries.
Short
by Hassan_fx
EURUSD 7 Dimension Sell Trade Idea Top-Down View (H4 Analysis): The H4 timeframe shows that the price has recently formed a Change of Character (CHoCH) and appears to be making a retracement. Despite this pullback, it hasn’t mitigated the higher-timeframe Points of Interest (POI), particularly the unmitigated Daily Fair Value Gap (FVG). Observing H1, we see considerable volatility and uncertainty, possibly indicating attempts to shake out weak-handed traders before a deeper corrective move toward the H1 internal extreme POI for mitigation. 😇 7 Dimension Analysis 🟢Time Frame: H4 🟢Swing Structure: Bullish with CHoCH: The swing structure is bullish on the H4, with a recent CHoCH indicating a potential shift. An inducement has been observed, and price has just entered the discounted zone, which aligns with the 61% Fibonacci retracement level. POI and Liquidity Levels: The area of interest includes the 61% & 88% Fibonacci level, liquidity sweeps, and support at the demand zone. Waiting for price to reach this zone and observing its reaction will be critical. Pattern: 🟢 Chart Patterns: Double Bottom: Forming as a potential reversal pattern at the discounted zone. 🟢 Candle Patterns: Long Wick & Momentum Candles: Recent candles show long wicks and momentum on the downside, indicating that bears are still in control of the current session, albeit with limited momentum strength for long-term sustainability. Volume: Moderate volume suggests that while sellers are currently dominant, the bearish momentum may not hold for an extended period, reinforcing the expectation of a retracement. Momentum (RSI): 🟢 Range Shift: Momentum has shifted from bearish to sideways with multiple bullish divergences, suggesting a loss of bearish strength and a potential for reversal or retracement. Volatility (Bollinger Bands): 🟢 Middle Band Breach: The price has dropped below the middle band, indicating a slight bearish bias. Expansion Cool-Down: Following a period of expansion, price appears to be consolidating and "cooling down" before the next directional move. 🟢Strength (ROC and Consolidation): Consolidation Phase: ROC reflects consolidation, supporting the idea that the bearish momentum may pause or weaken, aligning with the expectation of a retracement or sideways movement. 🟢Rating: ⭐⭐⭐ Probability: 65% This setup has a moderate confidence level for a short-term sell entry, considering the confluence of factors on both the H4 and refined lower time frames. 🟢Trade Setup: Entry Details: Entry Time Frame: 15-Minute (15M) Entry TF Structure: Bearish (for counter-trend entry in a corrective move) Point of Interest (POI): Extreme Fair Value Gap (FVG) Trade Execution: 💡 Decision: Sell Limit 🚀 Entry: 1.8747 ✋ Stop Loss: 1.0888 🎯 Take Profit: 1.07927 😊 Risk to Reward Ratio: 6.94 RR 🕛 Expected Duration: 1 Day SUMMARY: This H4-based top-down analysis with entry refinement on the 15M timeframe provides a short-term sell opportunity within a bullish higher timeframe structure. Price action, volume, and momentum indicators suggest a potential bearish pullback toward the 15M POI, aligning with the 61% Fibonacci level and significant liquidity areas. The setup targets a short-term retracement with a high reward-to-risk ratio, with the expectation that price may retrace to mitigate lower timeframe liquidity levels before resuming the bullish trend.
Short
by Optimum369
fib at 1.1034fibonnaci at 1.1034, it is my 1st target and first real ressistance, appart of not beeing there the price for long in my pov, but dxy has a resistance on the 16th of august at that level wht can invade the long posistion making a bigger resistance, but imo it will might go to 1.12 to 1.14 but only the markets can say, and be careful on election day. keep ur trading safe, do your own analysis, you can take value in others persons analysis but do ur own, and keep ur risk safe, take care at elections day, it can change everything,.
Long
by Carlosdrcunha
EURUSD Set For Possible Bullish Breakout? Key Price Action Signa👀👉 EURUSD is demonstrating bullish momentum across the monthly, weekly, daily, and 4H charts. I'm closely watching for a potential buying opportunity, aligning with the key criteria covered in the video. In this analysis, we’ll pinpoint essential price action signals to track and outline strategic positioning for the next potential move. *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Long
by fxtraderanthony
3
Is the Euro Looking for Support?It seems like the euro is on the hunt for some support. Could the bulls finally take charge and pull the euro out of its steep decline? The indicators are sending mixed signals. And when I say "indicators," I’m not talking about stochastics, moving averages, or that kind of stuff. I’m referring to the data from COT reports (show sentiment leaning towards a stronger dollar), analysis of options trades (not signaling a reversal), and retail sentiment (which is firmly bearish). And sure, we’ll throw in some chart analysis, but not just for the euro—I'm also looking at the 10-year Treasury yield chart. What’s particularly important is how the quotes react at the 4.28% and 4.38% levels (marked as 1 and 2 on the chart). So, what do I mean by "how they react"? If the quotes hit resistance at these levels and turn south, the Dollar will likely correct, giving the euro bulls a breather. I highlighted the levels in the euro, the correction to which is very justified for finding liquidity. But if the quotes 10Y Bonds start to "chop" through those levels, then the Dollar is headed higher and beyond.
by ClashChartsTeam
EUR/USD Sells to continue from 1.08300 or 1.08500EU Analysis Breakdown: My bias for EU aligns closely with GU, anticipating a continued bearish trend as long as the DXY remains bullish. I’ve marked out two supply zones and will wait for either to be mitigated, followed by my lower time frame execution model involving Wyckoff principles. Once I spot a Wyckoff distribution pattern, liquidity sweep, and CHOCH, I’ll initiate a sell position to keep with the downward trend. If price reaches the 9-hour demand zone at 1.07500, I’ll assess potential buy opportunities there. Confluences for EU Sells: - Strong bullish momentum in the DXY supports a downward bias for EU. - EU’s consistent bearish structure aligns with this trend-following approach. - An untouched supply zone provides a key area for potential sell entries. - Significant downside liquidity offers additional targets. P.S. Price could alternatively rise due to the liquidity above the supply zone, particularly around Asia session highs. Trade safely and stay smart out there!
Short
by Hassan_fx
EURUSD Multi Timeframe Analysis 23.10.20241.08111 low got swept as I mentioned on my earlier analysis. Friday's daily candle closure as inside bar has also been played out as expected. But bearish momentum is quite strong. Imo, current Daily Demand zone is the strongest to give price a bullish momentum ( other than any. red flagged fundamentals upcoming days ) 15m Swing, Internal Bearish and price is currently in 15m supply. We possibly could get a bearish momentum from here My expectation is, low to get swept then strong bullish momentum to kick in. But as we trade the facts and not the expectations, I will cautiously follow bearish order flow. At least wait prize to mitigate 4H supply ranges. For longs, ideal to wait for 4H candle closure above 1.08382
by alplaila
EurUsd in search of supportAs anticipated in my previous analysis, EUR/USD dropped from the 1.12 resistance level and successfully hit my 1.10 target. The pair continued to decline, breaking below the 1.0950 technical support, and is now heading toward the next key level at 1.08. I expect the 1.08 level to be reached, followed by a period of consolidation and a potential rebound. In conclusion, I’m looking to buy around this level, aiming for a target of approximately 100 pips.
by Mihai_Iacob
2
EURUSD Technical Analysis and Managing Your Trade👀👉 EURUSD has faced recent selling pressure, creating a potential opportunity for short-term day traders. In this video, we will break down the price action, assess the current trend and market structure, and look at how we can manage this trade. Risk Disclaimer: Forex trading carries substantial risks, and market conditions can shift unexpectedly. This content is intended for educational purposes only and does not constitute financial advice. 📉✅
by fxtraderanthony
EURUSD Daily Technical Analysis - October 16EURUSD has experienced a notable correction throughout October, yet it remains within a bullish trend, forming a wedge pattern. Analyzing the daily timeframe reveals several key levels that are crucial to watch in the upcoming days. Currently, EURUSD is testing the .618 Fibonacci support level at 1.0876, with the latest candle forming a Doji. This suggests a weakening bearish momentum and raises the possibility that this support level could hold, potentially paving the way for a bullish reversal in the weeks ahead. Should this Fibonacci support fail to halt the correction, further bearish movement may continue towards the secondary support at 1.0797, before resuming a bullish trend with a target of 1.1243—approximately 3663 pips from the current level. Keep an eye on these levels as they may provide significant opportunities in the near term
Long
by AzrulAzir
#EURUSD: 500+ Pips With Four Targets! Comment Your View! The EURUSD currency pair experienced a decline due to the robust bullish reversal of the DXY index, which ended a prolonged period of bearish dominance. Notably, the price exhibited an impulse pattern characterised by the absence of corrective movements. This pattern is generally viewed positively by traders seeking swing buy opportunities in the EURUSD market. It is important to recognise that such patterns are often influenced by fundamental factors rather than the volume of sell entries. Consequently, when these fundamental influences subside, the price tends to retrace and resume its original price trajectory. Regarding take profits, a strategy involving four distinct take profit levels is employed. This approach entails taking profits sequentially, with each successful take profit resulting in the closure of 25% of open positions and the subsequent setting of the next take profit level. It is crucial to emphasise that this analysis does not constitute financial advice, and individuals should conduct their own research and make informed decisions. The purpose of this educational chart is to provide insights into price movements and the underlying processes. Wishing you the best of luck and safe trading. Please feel free to express your appreciation by liking and commenting on this idea. Additionally, consider following for access to more valuable content. Team Setupsfx_
Long
by Setupsfx_
23
EUR/USD 4H Chart - Strong Demand Zone & Possible Reversal SetupEUR/USD 4H Chart - Strong Demand Zone & Possible Reversal Setup In this 4-hour EUR/USD chart, we see the price approaching a significant Strong Demand Zone , which could act as a major support level. The market has been in a downtrend, but a potential reversal is indicated once the price interacts with this zone. The price may consolidate before pushing upwards through the resistance levels marked on the chart. I anticipate a bullish move once the market finds stability in the demand zone, with the price action potentially heading toward the upper resistance levels around 1.10 and 1.11. If we see a breakout above these levels, it could signal further bullish momentum. Let’s keep an eye on how the price reacts within this demand zone for potential entry opportunities!
Long
by FxShzd
EURUSD Technical Analysis and Trade Idea👀👉 EURUSD has faced recent selling pressure, creating a potential opportunity for short-term day traders. In this video, we will break down the price action, assess the current trend and market structure, and highlight a possible trade setup. Risk Disclaimer: Forex trading carries substantial risks, and market conditions can shift unexpectedly. This content is intended for educational purposes only and does not constitute financial advice. 📉✅
Short
by fxtraderanthony
EURUSD Trendline Breakout Ready for a Long BullHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD 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
by ForexMasters2000
1
EUR/USD Shorts from 1.09600 back down This week’s EUR/USD (EU) outlook is quite similar to my GU analysis, with the market continuing its bearish trend. I’ll be waiting for price to retrace back to the 16-hour supply zone, where I’ll look for entry opportunities on the lower time frames. My target will be around the demand zone I've marked, which is near some liquidity. Depending on the confluences, I may consider a temporary counter-trend buy, but we’ll see which point of interest (POI) price reacts to first. Confluences for EU Sells: Structure Break: Price has broken to the downside, leaving a clear supply zone. Bearish Market Structure: Overall market structure remains bearish, supporting this pro-trend idea. Bullish DXY: The dollar (DXY) is gaining strength again, increasing the likelihood of stronger bearish pressure on EU. Liquidity: Significant downside liquidity in the form of swing lows and engineered liquidity. P.S. If price breaks through my supply zone and fills the imbalance above, I’ll shift my focus to the 15-hour supply zone to evaluate further sell opportunities.
Short
by Hassan_fx