EURUSD - possible sells with the Data release?Here is our analysis on EURUSD . Possible shorts in play.
As we are anticipating the news release today, we can still assume the TVC:DXY will remain bullish. If the News and Data release is positive for the US Dollar , we could see more downside on the pair. With the new H4 just opening and the previous closing strongly bearish, we can assume that EURUSD will continue going down. Our Entry is sitting at 1.03272 with SL (Stop Loss) at 1.03587 . If we break above our SL we would most likely reverse and this trade idea would be invalidated. Our TP (Take Profit) is sitting at 1.02642 and if broken + the positive news and data release, we could see the price digging even deeper .
PARAMETERS
- Entry: 1.03272
- SL: 1.03587
- TP: 1.02642
KEY NOTES
- EURUSD is bearish.
- DXY (USD) still remains bullish and holds strength against other pairs.
- Positive news for the US could result in even lower prices on EURUSD.
Happy trading!
FxPocket
Eurusdprediction
UPDATE of EURUSD, What's next ?Hello Traders, Hope you're doing great.
let's go for Updating EURUSD analysis:
as you can see, our last analysis is in good profit and if tomorrow's NFP come as forecast or better than expected, we may see 1.01 until next week.
The only thing that causes risk for this trade is that TVC:DXY rejected multiple times from 109.300 and if it can't stabilizes above this number, we may see an upward correction in EURUSD.
so may you ask what do we do now ? close our position or hold it ? which one ?
I suggest you if you open your sell position with me, so close at least half of your position and move Sl to your entry point.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
If this post was helpful to you, please like it and share it with your friend.
THANKS.
EURUSD; FURTHER DOWNSIDE EXPECTEDEURUSD has broken the October 2023 low of 1.045. On the monthly chart, price is seeking to correct imbalance by pushing lower towards 1.01 price handle.
On the daily chart, we have a new low indicating bearish market structure. This bearish trend could set the tone for Q1, 2025.
Fed Minutes of December, 2024 further reinforce our expectations of a bearish EURUSD. As we await the first NFP in 2025, we are likely to see further weakening.
EURUSD: USD strong dominance will push down the price 1.0?Dear Traders,
Hope you are doing great, this month can be the last month of usd dominating the market. As the new elect president will take the charge it is expected to see volatility within the market. We can see price going below 1.0 so taking appropriate selling entry can become beneficial. good luck
EURUSD POTENTIAL BUYING OPPERTUNITY Currently approaching a nice area of interest. Although I am overall short EURUSD doesn't mean I can't look for intraday trades to capitalise on the moves in between.
2H internal is bullish so I am waiting for the 15 min to align with the higher time frame a take a long trade targeting the 2H high.
If price breaks below this area I will have to re-evaluate and possibly short along with the 15 min time frame until I am wrong.
EURUSD Scenario 2.1.2025In this phase we are in, I think it is better to stay out of it at least on higher tf because when I look at this market, I rather expect some new bottom which could be considered as sfp below low from which the price could bounce into long but for now I am watching the reaction around the poc level.
EURUSD BUY | Idea Trading AnalysisEURUSD is moving in an UP trend channel, is trading along the rising support
And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at
The chart broke through the dynamic support, which now acts ...
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
EUR/USD Faces Key Rejection – Bearish Pressure IntensifiesThe daily candle is facing rejection from the descending trendline, confirming strong bearish pressure.
The daily trend remains negative, aligning with the broader bearish sentiment on the weekly chart. For bulls to regain control, EUR/USD must break above the trendline and the 100 EMA at 1.0670.
Failure to do so could lead to further downside, especially if the 1.0300 support zone is breached.
DYOR, NFA
EURUSD DETAILED ANALYSISFollowing up on the guide that I posted on the weekly timeframe, internal price action on the 2H is bullish and we are currently at the OB which supports the first outcome.
Price could continue down without giving us a bearish choch which is a 50/50 trade IMO.
I would prefer to see a bearish choch first to increase its probability of holding.
If we break above the strong week high I will try to go long with the 2H internal aiming for short term targets until I see a bearish choch to target the weekly low.
The least probably but still possible outcome is for price to go above the December high if the 2H internal price action continues bullish.
We also have some very important news releases with Services PMI and NFP being the major ones so be sure to manage your risk this week like every week.
EURUSD DETAILED ANALYSISFollowing up on the guide that I posted on the weekly timeframe, internal price action on the 2H is bullish and we are currently at the OB which supports the first outcome.
Price could continue down without giving us a bearish choch which is a 50/50 trade IMO.
I would prefer to see a bearish choch first to increase its probability of holding.
If we break above the strong week high I will try to go long with the 2H internal aiming for short term targets until I see a bearish choch to target the weekly low. There are several areas where we could see a choch but keep in mind they could just give a reaction (no choch) to then just continue going higher.
The least probably but still possible outcome is for price to go above the December high if the 2H internal price action continues bullish.
We also have some very important news releases with Services PMI and NFP being the major ones so be sure to manage your risk this week like every week.
EurUsd could drop under parity in 2025 (0.95 target)Now that 2024 has concluded, EUR/USD has ended the year at its lowest point, marking a 7% decline from January and a 9% drop from its summer peak.
Most notably, the pair fell 6% since November—a significant move for such a typically stable currency pair, highlighting strong bearish momentum.
Technical Analysis
On the daily chart, the EUR/USD has shown a steady downtrend since its double top in August and September. Every meaningful reversal attempt was met with selling pressure, leading to a quick resumption of the downward trajectory.
The long-term (monthly) chart paints an even grimmer picture. The pair has been in a clear downtrend since its 2008 peak of 1.60, and it now sits precariously on critical support levels from the 2015 and 2017 lows.
Fundamental Outlook
The fundamentals align with the technical bearish trend. Diverging monetary policies and a bleak economic outlook for the EU add to the pair's struggles.
Conclusion:
Given these conditions, a drop below parity appears likely in the coming year. The most prudent trading strategy for EUR/USD is to sell into rallies and wait for further declines.
My target is 0.95, but, to be honest, I would not be very surprised by 0.9
EUR/USD Shorts from 1.03600 back down?My analysis for EUR/USD (EU) this week closely mirrors my expectations for GBP/USD (GU), as both pairs share similar points of interest (POIs). I’ll be focusing on capitalizing on the bearish trend evident in the formation of lower lows and lower highs.
With the recent break of structure to the downside, new supply zones have been created. I’ll be waiting for a retest of these zones to catch sell opportunities in alignment with the overall trend. Once the price sweeps liquidity and forms a clear schematic, I’ll enter sell trades targeting the demand zone below.
Confluences for EU Sells:
- The price has shown a Change of Character (CHOCH) and multiple Breaks of Structure (BOS) to the downside.
- A few unmitigated supply zones remain, which are likely to be tapped.
- Lots of liquidity below, alongside imbalances that need to be filled.
- The Dollar Index (DXY) is bullish, strengthening the bearish case for EU through correlation.
Note: If the price continues dropping, I’ll wait for a new supply zone to form or look for counter-trend buy opportunities from a valid demand zone.
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)
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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 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 Short Continuation - Flag Set-upAfter having much success trading this down over the Christmas Period, EURUSD Looks to have disproved the fakeout of 1.05 and we will look to jump on the wagon for the next impulse on its way back to 0.96 - Providing a good retest is given allowing at least a 2:1 RRR down to 1.2, which is the 61.8 Fib Level of the weekly move up.