Get started

Eurusdprediction

EURUSD EUR/USD consolidates gains below 1.0500 amid weaker US Dollar EUR/USD holds gains below 1.0500 in European trading on Monday, having recovered from its two-year low of 1.0332. This rebound is due to a sell-off in the US Dollar and the US Treasury bond yields amid a US bond market rally. The focus shifts to German data and ECB-speak. The Euro came under pressure after PMI data highlighted continued weakness in Eurozone business activity. The HCOB Flash Eurozone Composite PMI fell sharply to 48.1 in November, down from 50.0 in October and well below expectations of 50.0. This decline reflects a contraction in the services sector for the first time in ten months, coupled with a persistent downturn in manufacturing. On Thursday, European Central Bank (ECB) Chief Economist Philip Lane cautioned that a potential global trade war, driven by the expected implementation of President-elect Donald Trump’s higher tariffs, could lead to significant global economic losses. "Trade fragmentation entails sizeable output losses," Lane emphasized.The S&P Global US Composite PMI climbed to 55.3 in November, indicating the strongest growth in private sector activity since April 2022. The US Services PMI surged to 57.0, up from 55.0 in October and significantly exceeding market expectations of 55.2, marking the sharpest expansion in the services sector since March 2022. Meanwhile, the US Manufacturing PMI edged higher to 48.8 from 48.5 in October, aligning with market forecasts.
by KingForex078
EUR/USD Shorts from 1.05200 or 1.05800 back downI expect price to continue its bearish trend, providing potential shorting opportunities. My focus is on the supply zones I’ve marked at the 19-hour and 17-hour timeframes. I’ll wait for price to reach one of these zones and observe if it respects these structural points. If price breaks above these zones, it would indicate a shift in market sentiment to the upside. However, as long as these zones hold, they remain valid levels for the trend to continue. Confluences for EU Sells: - Price has broken structure to the downside, leaving a clean supply zone. - A corrective move has formed, likely preceding a continuation of the bearish trend. - Significant liquidity resides below, presenting clear downside targets. - Overall market structure remains bearish, making this a pro-trend trade idea. - DXY shows strong bullish momentum, supporting the bearish outlook for EU. P.S. If price breaks structure further to the downside without tapping into my zones, I’ll wait for a new supply zone to form after the next structural break. Have a great trading week, everyone!
Short
by Hassan_fx
EURUSD Will be in bearish direction after Breaking SupportHello 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
Long
by ForexMasters2000
Bear Alert: When the Market Plays Dress-Up!Alright, traders, let’s talk about what’s happening here. This chart? Oh, it’s the drama queen of patterns—the classic Head and Shoulders. It’s the “I’m tired of pretending to go up” signal, and boy, did it deliver. 💔 Let’s break it down (literally): 1️⃣ The Head and Shoulders 🧠💪👖 First, we’ve got the Left Shoulder flexing, then the Head pretending it’s on top of the world 🌍, and finally, the Right Shoulder, which just gave up and said, “Nope, I’m out.” Once the neckline broke? 🚨 Lights out. It’s game over for the bulls. 2️⃣ The Bear Flag Formation 🚩🐻 After that dramatic neckline drop, we saw a little consolidation—aka the bear flag. It’s like the market paused to catch its breath before diving straight into the abyss. 😱 3️⃣ RSI Drama 📉: The RSI is down there chilling in the “oversold” lounge, but let’s be honest—oversold in a bear market is like yelling “fire” in a burning building. 🚒 It’s not a bounce until the trend says so. What’s Next? 💥 TP Incoming: If you measure the height of the Head and apply it below the neckline, this thing could go even lower. Think of it as the final stage dive. 🎤🎸 💡 For the Shorts: If you’re already in, congrats—you’re riding this bear like a pro. 🐻 If not, you might want to wait for a dead cat bounce (poor cat 😢) before hopping in. Final Thoughts: The market is throwing tantrums, and the Head and Shoulders just served as its resignation letter. Bulls? Pack it up. Bears? 🐻 This is your time. Remember, no paywalls, no hidden agendas—just raw, unfiltered trades and analysis like this one. If you’re ready to step into the arena, we’re here for it. 🚀 Stay savage, stay relentless, and keep an eye on those charts.
Short
by EdgeDotForex
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
Long
by ForexMasters2000
1
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
Long
by ForexMasters2000
8
Trend Shift Confirmation Setup - Eurusd short setupMarket Context: Current Trend: The market appears to be in a bullish phase. Counter-Idea: Following a tap on the Fair Value Gap (FVG) formed on July 18th, a potential shift toward a bearish trend exists. Setup Breakdown: SSR Flip Area: A multi-tested SSR flip zone has been identified around 1.12032, having been tested three times. This indicates a strong potential for selling opportunities. The latest test of this zone occurred on Monday, August 26th, which resulted in a structural shift in the market. This shift has led to the taking out of a daily low, suggesting a reversal in price direction. Entry Analysis: Key areas were initially mapped out on the daily timeframe and then refined on the hourly chart. Previous liquidity areas that align with the current price movement were identified to enhance the entry strategy. Additionally, areas exhibiting the strongest volume were mapped to ensure they are in proximity to the entry zone. The ideal entry point was determined where the breaker block and FVG intersect, creating a confluence of signals. Risk Management: The entry was strategically placed at the middle of the breaker block, FVG, and SSR flip areas. This approach ensures an optimum entry point while managing risk effectively. It is crucial to emphasize that traders should conduct their own analysis before executing any trades. Important Reminder: Risk Management: If you decide to take this trade, be sure not to risk more than 1% of your capital to safeguard your investment. Trading inherently carries risks, so it’s essential to trade wisely and make informed decisions.
Short
by BFUFX_MARKETS
1
EURUSD SELL NOW on MondayEUR/USD remains in positive ground on Friday, as profit-taking hit the US Dollar ahead of the weekend. Still, Powell's hawkish shift and upbeat United States data keeps the Greenback on the bullish pathFurther losses could see EUR/USD testing its 2024 low at 1.0495 (November 14), before the 2023 bottom at 1.0448 (October 3). On the upside, immediate resistance lies at the 200-day SMA of 1.0865, seconded by the November high at 1.0936 (November 6) and the provisional 55-day SMA at 1.0947. In addition, the short-term technical outlook remains bearish as long as EUR/USD stays below the 200-day SMA. The four-hour chart highlights accelerating downward momentum, with key support levels at 1.0495 and 1.0448. On the upside, initial resistance appears at 1.0653, followed by 1.0726. The RSI rebounded above 32.Looking forward, potential trade policies from the Trump administration, including tariffs on European and Chinese goods, could push US inflation higher. If the Fed adopts a cautious or hawkish stance, it may continue to lend support to the US Dollar.
by KingForex078
EURUSD POTENTIALLY BEARISHWe saw a massive strength gain to the USD yesterday which shifted a lot of expectations in the market direction. The previous low @1.07682 on FX:EURUSD was broken and now we are seeing market back at the zone again for a retest. If the zone holds as a new found resistance, and we see some form of price action candle to confirm the exhaustion of the retest, I will go in for a short (sell) with targets at 1.05147 and 1.00773. Until then we keep our fingers crossed. For every position you look to trade, use proper risk management as past results does not guarantee future results. #EURUSD
Short
by Mbjoey
2