#EURUSD 1DAYEURUSD Daily Chart Analysis
Trade Recommendation: Sell
Sell Level:1.10800
Target Level : 1.09750
Overview:
The EURUSD currency pair is currently poised for a potential downtrend according to the latest daily chart analysis. We recommend entering a sell position at the level of 1.10800, which aligns with key resistance and shows signs of a potential reversal.
Target Level:
1 Target Level: 1.09750 This level represents the anticipated downside target where the price is expected to find support or experience a rebound. This target reflects a reasonable expectation based on recent price action and technical indicators.
Strategy:
Enter the sell position at 1.10800 with a stop-loss set above the recent resistance to manage risk and protect against adverse price movements.
- Monitor the price action as it approaches the target level of 1.09750. Consider adjusting your stop-loss or taking profits if the price shows signs of reversing near this target.
Outlook:
The bearish outlook is supported by recent trends and technical signals suggesting a potential decline. Stay updated with market news and economic events that could impact the EURUSD pair, and adjust your strategy as necessary.
Feel free to refine this description based on any additional insights or analysis you may have!
Eurusdprediction
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. 📉✅
EURUSD, what is going on? After Friday’s manipulation during the NFP, price spiked up to the daily Fair Value Gap (FVG) and daily bearish order block (OB), rebalancing in premium before reversing downward. My final target remains the same—daily FVG at 1.0892-1.08356.
Locally, I see two potential moves:
A small pump up to the minor Breaker Structure (BTS) zone, followed by a sharp drop.
A straight drop right from the market open.
Stay sharp, this setup could unfold quickly.
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
EUR/USD Trade Setup – 4-Hour TimeframeOn the 4-hour timeframe, EUR/USD has formed an ascending channel followed by a strong breakout to the downside, creating a supply level around the 1.11300 area, where the price has tapped in and is currently selling off from.
To get a sell entry, we need to wait for a market structure break and retest. Currently, the price is at a minor support level. We need to see a breakout that creates a Lower Low; then, we will be looking to sell from the retest level, forming a Lower High.
DXY has formed a Double Bottom at a daily demand level
Signaling bullish momentum.
Don't Trade all the time
Trade only confirm trade setups.
EURUSD "The Fiber" Bullish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EURUSD "The Fiber" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
EURUSD, what is going on? After Friday’s manipulation during the NFP, price spiked up to the daily Fair Value Gap (FVG) and daily bearish order block (OB), rebalancing in premium before reversing downward. My final target remains the same—daily FVG at 1.0892-1.08356.
Locally, I see two potential moves:
A small pump up to the minor Breaker Structure (BTS) zone, followed by a sharp drop.
A straight drop right from the market open.
Stay sharp, this setup could unfold quickly.
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
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!
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.
EURUSD "The Fiber" Bearish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EURUSD "The Fiber" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
A "SHORT" play looming?PRICE: We clearly see price return to an area of supply after breaking structure.
CORRELATION: EU does not take out last year's high whereas GU broke the previous year's high
TIME: We are within the Q2 of the Quadranil cycle of Trader Daye's Quaterly Theory which is mostly forms the judas swing. The crack in correlation with GU forms manipulation
EURUSD - Monthly Timeframe (The Bigger Picture) It’s crucial to step back and look at the bigger picture, especially when analyzing the EURUSD.
EURUSD, the most traded currency pair worldwide, has seen relatively small price movements in 2023 and 2024 compared to previous years. In the attached chart, I’ve highlighted the full price range for these two years—and the data speaks for itself. The market has been trading in a very tight range, showcasing how slow things have been overall.
With 12 years of trading experience, I’ve noticed this significant slowdown has affected swing trading strategies. While lower timeframes have seen some nice movements, the broader market has been quiet, primarily moving around major news events. As a result, veteran traders, including myself, who focus on risk management and avoid trading during big news events, have felt the impact.
That said, I believe this could change soon, especially as we approach the US presidential election. Stay tuned!
#ForexTrading #EURUSD #MarketAnalysis #TechnicalAnalysis #TradingInsights #ForexStrategy #FinancialMarkets #RiskManagement #SwingTrading #Eltaajir #PuraVita
EURUSD, what is next baby? Show me some loveEURUSD
FA: few things that pushing down EUR are business sentiment and inflation in services
1. According to the European Commission, the overall Eurozone business sentiment index increased to 96.6 points vs 96 before. Business climate in industry is already in the area of local lows -9.7 vs -10.5. The most stable segment, services.
2. Everything but energy is rising on a year-over-year basis. The main components of annual inflation in August are highest in services 4.2% vs 4.0 in June, followed by food, alcohol and tobacco 2.4% vs 2.3%, industrial goods 0.4% vs 0.7%, energy -3.0% vs 1.2%
TA: After taking global swing and top of global range at 1.114 EUR made a deviation and closed on weekly time frame inside of this range which consider to me as a reversal, i would love to see 0.5 test of this global range in next few weeks
Locally EUR has a reversal and has downtrend on 1h time frame with first potential target as daily FVG at 1.08932-1.0837. Keep in mind there might be some manipulation till 1.1093 area at the beginning of the month before further move downwards.
If 1.1032 lvl will be failed and I will see aggressive movement down, i will be looking for short position till daily FVG
But overall I am bearish on EURUSD unless i see reversal pattern on 1h time frame (double shift) then my plan will be canceled and i will be looking for long positions
EURUSD Analysis==>Cup and Handle Pattern==>>Pennant PatternEURUSD is moving near the Support zone($1.105-$1.103) and managed to break the Downtrend line .
If we look at the EURUSD chart from the point of view of Classic Technical Analysis , we will notice two Cup and Handle Pattern and a Bullish Pennant Pattern .
After breaking the neckline, I expect EURUSD to rise to at least the Resistance zone($1.111-$1.109) .
Euro/U.S.Dollar Analyze ( EURUSD), 15-minute Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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EURUSD and AUDUSD 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 Will be in bearish direction after Breaking ChannelHello 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
EUR/USD Longs from daily level of demand 1.10000My analysis for this week aligns well with both DXY and GBP/USD, as the dollar is approaching a major supply level. When the price reaches that supply zone, I expect EUR/USD (EU) to mitigate its daily supply, potentially forming a Wyckoff accumulation pattern. Once this pattern is completed, I plan to look for buying opportunities, potentially holding positions at an intraday level.
If the price retraces upward before mitigating the demand, I will consider selling from the supply zones I've marked, which are near the current price. Specifically, I will watch the 7-hour and 10-hour supply zones for potential short-term sell setups.
Confluences for EU buy opportunities include:
- The higher time frame trend is bullish, with a recent break of structure to the upside.
- A daily demand zone has been established, which also caused a break of structure to the upside.
- There is significant liquidity to the upside, including untouched Asian session highs.
- This trade setup aligns with the higher time frame trend, making it a pro-trend trade idea.
P.S. As it is NFP week, be cautious of increased volatility due to economic news later in the week. Stay vigilant and TRADE SAFELY!