EUR/USD Outlook to recover the imbalance My EU outlook for this week is similar to GU as the dollar index gapped to the upside which made pairs like GU and EU to drop down heavy. once price did so it did breach a lot of my previous demands so we have to now adapt and re adjust our analysis and forecast.
So i have this demand zone that as you can see is getting reacted off of which what i drew out a. while ago which is the 8hr demand zone. I feel like this zone will hold as there is of validity. If price reacts well and manages to cover that gap i will then look to short inside the 1hr supply zone but after finding of course LTF confirmation.
COnfluences for EU Buys are as follows:
- The price gap has left a significant imbalance that needs to be filled.
- Price is currently in a 8-hour demand zone that previously caused a Break of Structure (BOS),
making it a valid POI.
- There is a large pool of liquidity to the upside that needs to be taken.
- The setup aligns well with the DXY correlation.
- For price to carry on going down it must form a correction to the upside regardless.
P.S. If price decides to go lower then we might be in a bearish trend temporarily and will have to look for a new near by supply to capitilise on a shift of trend to the downside. Thats if this 8hr demand doesn't hold.
Eurusdprediction
EURUSD H4 Technical Observations | FOREX BEE Looking at the EUR/USD H4 chart, here are some key observations:
Fibonacci Levels:
The 0.618 Fibonacci level near 1.0456 appears to be a potential bullish target if price rallies from current levels.
Key Support Zone:
The green support zone around 1.0200-1.0230 looks significant, where buyers may defend the area. A bounce from here could trigger upward momentum.
Trendline Dynamics:
The blue descending trendline may continue to act as resistance if the price moves upward, aligning with the 0.786 Fibonacci level near 1.0531.
Potential Scenarios:
Bullish Case: If the price sustains above the current support, it may target 1.0450 and higher levels.
Bearish Case: A break below the red zone near 1.0200 could indicate further bearish pressure toward 1.0100 or lower.
This setup highlights an interesting reversal or breakdown possibility. Watch for confirmation of support/resistance levels before entering trades.
EURUSD H4 | FOREX BEEEUR/USD H4 Chart Analysis
The H4 chart for EUR/USD shows a critical decision zone, with two possible outcomes based on price action:
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Bullish Scenario:
Breakout Above Resistance (1.04500 - 1.04600 zone): If price breaks and holds above the green resistance area, we can expect an upward move.
Target:The next major resistance is 1.06947 (Fibonacci 0.5 level).
Confluence: The ascending trendline (blue) suggests buyers are still in control unless broken.
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Bearish Scenario:
Break Below Trendline & Support (1.04242 - 1.04000): If price fails to break above resistance and drops below the trendline, we could see a reversal.
Target: A breakdown could lead price towards the 1.02500 demand zone (red).
Confluence: Trendline breakdown + retest would confirm further downside.
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Key Levels to Watch:
Resistance Zone: 1.04500 - 1.04600 (Breakout confirmation required for bullish continuation).
Support Zone:1.04242 - 1.04000 (Potential breakdown zone).
Major Downside Target:1.02500 (Demand zone from previous price action).
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Trading Strategy:
Bullish Entry: Wait for a break and retest above 1.04600 before entering long.
Bearish Entry: If price breaks below trendline and retests 1.04242, shorting towards 1.02500 is a possibility.
Conclusion:
- The trend is bullish as long as the price holds above the trendline and 1.04242 support.
- If price fails to break resistance, a reversal is likely.
- Watch for confirmations before entering trades.
EURUSD is 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
US Economic Data Impact: Will EURUSD Test Support zone Again?Today, key U.S. economic data was released , including GDP , Unemployment Claims , and the GDP Price Index . These data points had a direct impact on the U.S. dollar, resulting in volatility in the EURUSD pair . The weaker-than-expected GDP and lower inflation caused a temporary weakening of the USD, but the strong labor market data still supports the dollar, potentially limiting further downside for EURUSD.
This was an analysis of the US economic data that was released today.
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EURUSD ( FX:EURUSD ) entered the Resistance zone($1.054-$1.044) again, and it seems that this move is a Pullback to the ascending channel (broken) .
According to Elliott's wave theory , pullback appears to be a Zigzag corrective wave(ABC/5-3-5) .
I expect EURUSD to attack the Support zone($1.039-$1.033) again, 100_SMA(4-hour) , and decline to at least the width of the broken ascending channel .
Was the bullish candle the previous hour in the role of a pullback or the start of another upward trend for EURUSD?
Note: If EURUSD goes over $1.049, we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURUSD and GBPUSD Analysis TodayHello 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 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 Near Ascending Channel’s Peak: Will It Reverse?EURUSD ( FX:EURUSD ) rose to the Resistance zone($1.054-$1.044), as I expected in the previous idea .
EURUSD is moving in the Resistance zone($1.054-$1.044) and near the upper line of the Ascending Channel ( the role of resistance ).
According to the theory of Elliott waves , it seems that EURUSD has completed 5 impulsive waves , and we should wait for corrective waves .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect EURUSD to fall at least to the Targets I have marked on the chart .
What do you think? Will EURUSD break the Resistance zone($1.054-$1.044) or back to test the Support zone($1.039-$1.033)?
Note: If EURUSD breaks the Resistance zone($1.054-$1.044), we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short Order on EUR/USD: Targeting a PullbackHi Traders ! I've placed a sell limit order on the EUR/USD pair at the 1.04784 level, expecting a reversal from this resistance zone within the bullish channel. My stop loss is set at 1.05482 to limit risk in case the price continues to rise, while my take profit is at 1.04087, targeting a pullback towards the bottom of the channel. I trust that the price will respect the market structure and I'm taking advantage of this potential correction to make a profit.
Disclaimer:
This content is for informational purposes only and should not be considered as financial advice. Trading involves significant risk, and it is important to conduct thorough research and consider your risk tolerance before making any trading decisions. Past performance is not indicative of future results.
EURUSD Technical Analysis and Trade Idea👀 👉 In this video, we analyze the EURUSD, focusing on its overall uptrend and the recent bearish pullback. We’ll examine key support and resistance levels, market structure, and how liquidity is influencing price action. With the pair approaching a major support zone, we’ll discuss potential buy opportunities if the uptrend resumes. All the details are covered here. Disclaimer: This is for educational purposes only—not financial advice.
EURUSD Analysis: Bull IncomingHello everyone, starting this sunday with a EURUSD Long Analysis:
As we can see, we have recently entered a bullish trend and I believe we are really close to a great entry.
As seen on the chart, the bottom trendline and what was this months highest resistance (now hopefully a support) are really close to be reached. and if the EURUSD keeps following the same trend as it has for now, we should have a solid trade.
I expect price to reach 1.05559 where my TP will also be set.
I have set the SL at 1.03969 which leaves room for the trade to breathe in case of high volatility during Mondays NY Session, which leaves us with a 3.02 Risk/Reward.
Happy trading! Let me know your thoughts on this.