Eurusdoutlook
EURUSD TRADING THE NEWS & Technical Analysis and Trade Idea👀 👉 We can see that EUR/USD is currently trending bullish on the higher time frames. I'm eyeing a potential buy setup, contingent on certain conditions playing out as outlined in the video. With key EUR and USD data releases scheduled for later today, I’ll walk you through how to navigate and trade around these events. In the video, we cover the key price action signals to watch for and how to seize the next opportunity when it arises. Disclaimer: This analysis is provided for informational purposes only and should not be considered financial advice. 📊✅
EUR/USD Buys from 6hr demand at 1.11200EUR/USD (EU) Analysis:
I’m expecting price to move down slightly to sweep the liquidity resting at the equal lows. Once those lows are taken, I anticipate price to slow down and begin accumulating in my 6-hour demand zone, where I’ll be looking for potential long opportunities. This aligns with the current bullish trend, making it a pro-trend setup.
If price moves up without sweeping the equal lows, I’ll shift my focus to selling from the 16-hour supply zone above. For now, EU is caught between areas of liquidity, so I’ll wait until midweek to assess where it stands before making a decision.
Confluences for EU Buys:
- There’s significant liquidity above the demand zone, which is a positive signal.
- The demand zone has led to a break of structure to the upside.
- The overall trend remains bullish, supporting this pro-trend idea.
- The (DXY) continues to show bearish momentum, which supports a bullish EU outlook.
There are still imbalances and liquidity above that need to be filled.
Note: Price has already reacted to the 4-hour supply zone I marked last week, which could be causing this minor pullback towards the 6-hour demand zone.
Have a great trading week, everyone!
EURUSD - Triangle pattern !! Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we have bullish triangle pattern, so I look for a long if price breaks the LZ + institutional big figure 1.12000 with a body closed candle.
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EURUSD / INSIDE STRAIGHT CHANNEL - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
Price Movement: The text discusses a decline in prices by 0.87% , Time Frame: It specifies the time period as the end of September and the beginning of October , Subsequent Increase: After the decline, prices increased by 1.38%.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 1.107, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 1.107, it's expected to rise to 1.120.
- Target 2: If the price stabilizes above 1.120, the next target is 1.124.
Downward Condition:
- If the price falls below 1.107, it suggests a potential decline:
- Target 1: A decline to 1.100.
- Target 2: If it breaks below 1.100, further decline is expected to 11.094.
ANALYSIS FOR EURUSD
We have a Source Demand which is the Source of the current Uptrend and we have a Fresh Monthly Supply on the left side which is the Destination of the current Uptrend.
We divide the Demand Supply Equilibrium into 5 parts viz.
Very High on the Curve. Avoid Buying and look for selling
High on the Curve. Active Selling and no Buying area
Middle on the Curve. Avoid buying or selling as the Reward to Risk will be minimum
Low on the Curve. Avoid Selling and Prefer Buying for amazing reward to Risk
Very Low on the Curve. Avoid Selling and Prefer Buying for Maximum Reward to Risk ratio.
I agree we have a position in the Middle of the Curve though we have a Reward to Risk ratio of 4:1 hence definitely considering it.
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..
#EURUSD Potential Head and Shoulders PatternFX_IDC:EURUSD
The pair is showing signs of potentially forming a head and shoulders pattern. Key support is located at 1.1065. A clear break below this level could trigger a downward movement in the pair, signaling a shift in momentum.
Keep an eye on this critical support level, as it may influence the upcoming price movements.
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.
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.
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
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.
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#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.
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
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!
EURUSD SCALPING TRADE 17.09.24The improving risk mood and heightened odds of a large Federal Reserve (Fed) rate cut at this week's meeting caused the USD to weaken against its major rivals at the beginning of the week. Meanwhile, hawkish comments from European Central Bank (ECB) officials further supported the Euro.
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.)
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 .