EURUSD✔️Expecting Mid Term Bullish WaveEURUSD Analysis
EURUSD is moving in the Descending triangle pattern and the market has rebounded from the support area of the pattern!!!
🔴 Try to SELL all the TOPS !!!
Eurusdshort
EUR USD TRADE SETUP Currently looking for sell confirmation from the resistance level.
Plan B
If the price breaks above the resistance level it will potentially become a support level only then we will look for Buy confirmations.
EURUSD Analysis (5th April 2024)
EURUSD Analysis
On the weekly timeframe price action has just rejected off a weekly bearish Fair Value gap.
This rejection created a 4 hour Change of character which indicated potential retracements after a bullish run on EURUSD.
On the 1 hour timeframe, we can see that price action has created a very neat balance price range coupled with a bearish Fair Value gap that we can look to take shorts from.
What i want to see is Asian/London session to create a pull back into either one of this zones, before i look for a 15 minute Change of Character to look for shorts to fill the clean candles on the left.
BACK TESTING - EURUSD SELLSDon't have enough data on EURUSD to confidently trade.
1:2.79 RR Trade
Looking to see if this will play out
Based off daily
Confirmations
1. Previous daily closed below new range (Fake out?)
2. Previous daily closed no top wick
3. Price slowing down (potential reversal incoming)
EURUSD- Short Position Initiated on Downtrend ConfirmationLooking at the EURUSD chart on the 1-hour timeframe, we can observe that the pair is in a strong downtrend, currently priced at 1.07720 at the time of writing. Upon analysis, we found that the pair is currently testing the 100MA alongside the 61.8% Fibonacci retracement level, with previous support now acting as resistance, aligning with our analysis indicating further downside movement.
We've initiated our first short position with a stop-loss above the 78.6% Fibonacci level, representing approximately 0.14% risk. Our initial target for profit-taking (TP) is set at the previous low from March 24th, which is approximately 0.45% lower than our current position. This provides us with a risk-reward ratio of 1:3.
Please note that this represents my personal view and is not intended as advice to buy or sell.
EUR/USD minor correction before 1.07(4/2/2024)Nothing has been changed since our last analysis. EUR/USD is still bearish.
But we may see some minor corrections because every indicator are in oversold and DXY is correcting too.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EUR-USD | 15M | TECHNICAL ANALYSIS Hello traders,I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
EURUSD 4h short ideaFVG at the level of previous breaker block and market structure break.
Clear target at 2R around 1.0795, but has potential to go even further.
Entry: 1.0842
SL: 1.0865
TP1: 1.0795
TP2: 1.0762
could even go lower, depends on DXY.
Trade invalidated if TP1 level reached before pullback back up into the FVG entry area.
EURUSD Technical Analysis and Trade IdeaThe EURUSD has experienced downward pressure, evident on both the daily and 4-hour time frames. Currently, the price is overextended, and I am actively seeking a shorting opportunity if the price retraces around the 50% to 61.8% Fibonacci level. In the video, we delve into price action, analyse the trend, evaluate market structure, and discuss a specific trade idea with defined entry points, stop loss, and target levels. As always, please remember that this information is solely for educational purposes and should not be considered as financial advice.
EURUSD - SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.07000 for a profit of 40 pips.
With the data better than expected from the news of ISM Manufacturing PMI and the selling pressure that has existed in today's session, I expect the price falls to the level of 1.07000
Guys, what do you think? Leave a comment with your thoughts.
How to Trade EURUSDThe daily chart shows bearish continuation following the pullback of the 61.8% level from early March.
On screen I have two bearish targets. The first one around the 1.0650 where we may find support from the descending trendline. My final bearish target is currently set at the 1.05 handle where we had support back in October of last year.
== How to trade this pair ==
1. Wait for bullish pullbacks to scale short positions with small lots relative to your equity and aim to hold with a trailing stop.
2. If you decide to go long with this pair, I would only seek small targets.
eurusd sell EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
EUR/USD closed in the red for a third consecutive week, ending March just above 1.0767, the monthly low. The US Dollar started the week with a soft tone but started grinding higher on Tuesday, finally gathering momentum late on Thursday amid hawkish comments from Federal Reserve officials.
The EUR/USD pair is currently developing below the 61.8% Fibonacci retracement of the 1.0694/1.0981 rally at 1.0803, which skews the risk to the downside. The daily chart for EUR/USD shows the pair remains below all its moving averages, with a flat 200 Simple Moving Average (SMA) converging with the next Fibonacci resistance level at 1.0835. Finally, technical indicators extended their slides within negative levels, maintaining their downward slopes and anticipating lower lows ahead. confirm signal eurusd sell
Eurusd Short EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. Confirm Chart sell
Profitable Trading Opportunity: Selling EUR/USD for 30 Pips GainHello Nathima,
Upon leveraging the robust analytical tools provided by TradingView.com, it becomes apparent that EUR/USD is exhibiting a notable bearish momentum. Informed by this analysis, I advocate for executing a sell trade from 1.08300 to 1.08000, poised to yield a profitable 30 pips return. This strategic maneuver is grounded in the comprehensive insights gleaned from TradingView.com, enhancing our ability to navigate the dynamic forex market with precision. Let's harness the power of TradingView's analytical prowess and execute this trade with confidence, optimizing our trading strategy for maximum profitability. Together, let's leverage TradingView's insights to unlock the full potential of our trading endeavors!
EURUSD 6E SHORTPrice strongly respecting premium bearish array on daily.
Strong bearish displacement on H1.
I'm looking for new short entry opportunities via respect of h1 bearish premium arrays, to then hunt m5 bearish displacement entries.
eurusd EUR/USD is trading near 1.0850, recovering ground in the early European session on Tuesday. A fresh leg down in the US Dollar exerts downside pressure on the pair amid an improvement in risk sentiment. Mid-tier US economic data and ECB-speak eyed.
he Relative Strength Index (RSI) indicator on the 4-hour chart recovered to 50, reflecting a loss of bearish momentum. On the upside, 1.0860 (Fibonacci 38.2% retracement of the latest uptrend) aligns as first resistance before 1.0890-1.0900, where the 100-period Simple Moving Average (SMA) and the Fibonacci 23.6% retracement level align.
Immediate support is located at 1.0840-1.0830 (200-period SMA, Fibonacci 50% retracement) ahead of 1.0800 (Fibonacci 61.8% retracement).
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
Eurusd sell EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
EUR/USD preserves its recovery momentum and rises toward 1.0850 on Monday. In the absence of high-tier data releases, the US Dollar struggles to build on the previous week's gains and helps the pair edge higher as investors assess comments from central bankers.
eurusd sellEUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
confirm chart
EURUSD SELL SETUPPrice ended last week breaking structure here on the daily and now we are getting the retest. Looking for price to hold on this retest and give another bearish wave
EUR/USD is Aiming for 1.07 zone (3/25/2024)Hello Traders
EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024".
FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement.
Right now the price has broken the upward channel and made a pullback on it.
So we believe the price will reach lower levels.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EUR/USD Shorts from 1.09000 back downMy bias aligns closely with GU this week, focusing on selling from a comparable supply level evident on both charts. On EU, this manifests as the 4hr level around 1.09000, where I intend to sell. I'll await the current price to pull back into these zones to address the imbalance and form a redistribution pattern.
Similarly to GU, there's a minor 4hr supply below that I anticipate will fail due to the presence of the Asian high above it. Once this fails and reaches the major supply, I'll be more inclined to sell from there as it offers a premium price.
Confluences for EU Sells are as follows:
- Price broke structure the downside and left a clean 4hr supply zone.
- Imbalances that needs to b filled before tapping into the supply.
- Lots of liquidity below in the form of asian lows.
- Price is overall bearish on the higher time frame.
- I can see the dollar to rising more to the upside.
P.S. I observe the current price reacting to the existing demand. If this reaction fails, price might respond bullishly to the demand just below, potentially initiating an upward move towards the supply levels above.
Have a great trading week guys!
Eurusd sell confirm signal EUR/USD retreats to the 1.0860 area during the early Asian trading hours on Friday. The downtick of the major pair is backed by the firmer US Dollar and higher US Treasury bond yields. Traders await the German IFO Business Climate on Friday ahead of the Fed's Chair Powell.
On the upside, EUR/USD is expected to face initial resistance at the March high of 1.0981 (March 8), then the weekly top of 1.0998 (January 11) and the psychological barrier of 1.1000. Further increases from here might lead to a December 2023 peak of 1.1139 (December 28).
Confirm eurusd sell signal
❌strong resistance for EUR/USD❌After the previous ultra detailed analysis, we have a strong resistance in this important zone. We have the possibility of correction to the specified zones and then growth to the initial target of 1.1 - 1.102.
