Eurusdoutlook
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. 📊✅
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.
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!
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
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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.
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. 📉✅
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
#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_
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!
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. 📉✅
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
EURUSD - Long from OB !!Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect price to continue the retracement to fill the imbalance lower and then to reject from OB.
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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.
EURUSD Daily previewFX:EURUSD
Here are the key levels from the perspective of the daily chart for the next week on EURUSD, which are important for me to trade, and at these levels I monitor Price Action and orderflow to confirm a market turn at the indicated SR levels or a breakout and continuation of the trend. If you want a more specific description or an explanation of my levels on the chart, please ask in the comments if you don't understand something and thanks for follow me :)
If you want more views on Forex, or other markets, or other time frames, please request it in the comments, until Sunday evening you will have my view of that market and its outlook for the next week here for free
Milan
Double Top Pattern on EURUSD - Trendline BreakdownHello,
EURUSD broke down the rising trendline from the previous analytics. This was to be expected because rising trendlines usually break down over time. The double top pattern on the chart, along with a weak second top on the MACD, casts a bearish shadow onto the chart. Right now isn't optimal to enter shorts, but for educational purposes, you can see the two shorts I opened on the chart.
Regards,
Ely
EURO, EURUSD Bullish Week Ahead**BIG BOYS BIAS (CFTC COT INDEX REPORT)
Commercials: Net Buyers
Retail Traders: Net Sellers
Non-Commercials: In-Trend
This suggests that institutional "Big Money" players were positioning for a Bullish week, while retail traders were net Sellers Relative to previous position. In a zero-sum game, this typically signals a potential Bullish move for this week.
**EURO Value Correlation to USD
>We are now in the Oversold region Signaling for a bullish trend week.
Note: Every time we get Oversold Readings (Green Vertical Lines) we always get a Bullish Move
**Election Year Seasonality forecast
>Bullish until early next Week.
Technicals:
>Price already re-tested the Daily Supply Zone last Friday, preparing for a Bullish Week ahead.
>Price could reach to the opposing Supply Zone that initiated the bearish imbalance.
OTHERS:
>Scalpers can ride the bullish trending week
>Long term traders can position for a Sell for next week.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***