EURUSD Possible bounce ? The EURUSD is presently within the Daily Demand area, indicating potential buyer dominance. The prevailing uptrend persists until a breach of the 1.07250 Higher Low occurs.
Currently residing in the Daily Demand zone, EURUSD suggests a favorable scenario for buyers, maintaining the upward trend unless the crucial Higher Low at 1.07250 is breached.
I'd like to hear your insights on this currency pair.
Eurusdsignal
EURUSD: Can We Expect a Pullback?! 🇪🇺🇺🇸
EURUSD may retrace from a key daily structure support.
After its test, the price broke and closed above a resistance line
of a falling wedge pattern on a 4H time frame.
It feels like the price may bounce ahead of FED rate decision tonight.
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EURUSD possible buy zone!In our analysis of EURUSD, it's essential to highlight the presence of a double bottom pattern.
This pattern, coupled with the strong support at the Fibonacci levels of 0.5 to 0.6, enhances the significance of the current situation. It suggests a compelling case for a potential upward movement, possibly resulting in a gain of over Good pips.
Stay tuned for updates, and as always, trade with confidence.
🚀EURUSD is Ready to GO UP🚀🏃 EURUSD is moving near the 🟢 Support zone($1.0800-$1.0756) 🟢.
🌊According to the theory of Elliott waves , EURUSD seems to have completed its five downtrends .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect EURUSD to rise at least to the end of wave 4 at the 🔴 Resistance zone($1.0916-$1.0880) 🔴 in the coming hours or the coming week .
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
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EURUSD Day Analysis | Sell SetupHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity EURUSD
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EURUSD sell/short EURUSD looks like a short fall from here after breaking trend on the channel trade in these last few days. It does seem to be in a continuous downtrend pattern and does not seem like it will be stopping anytime soon. I suggest a short from 1.08679 all the way down to 1.05703 for a long term profit close. Please take proper risk management upon entering the trade.
EurUsd- Will it break support and dive to 1.0750?Last week, I held a bullish stance on Eur/Usd, anticipating a breakthrough above the crucial 1.1 resistance level. Unfortunately, the pair's inability to surpass this significant threshold led me to close my trade at breakeven, prompting a decision to adopt a wait-and-see approach for further clarification.
Examining the recent price action, it appears that my patience might be rewarded with a clearer picture emerging. Currently, my perspective has shifted to bearish.
The chart illustrates that Eur/Usd is struggling to breach the 1.1 mark and instead continues to decline to support around 1.0920.
This inability to surpass 1.1 and dropping to support after touching this level, signifies weakness, raising the likelihood of a downward move below the support level.
In such a scenario, the pair could experience an acceleration in losses, with the next notable target standing at the critical support level of 1.0750.
❓EU:wait more confirmation and development. Overall bullish now❓Since the last outlook, we saw some bullish development on EU. However the price delivery was not very clear, so I stayed out of this market.
Current update is in the chart and please feel free to send your questions below.
☝️Dear traders, no one here has superpowers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or forcing my will. Have good trading, keep a constant flow of self-awareness, and do your best. 🙌
EURUSD BUY | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
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EUR/USD has established a support base;will it rise above 1.12?OANDA:EURUSD has shown limited movement since the start of the year, fluctuating within a range approximately between 1.09 and 1.1. Nevertheless, the price action indicates the formation of a potential support base, as observed through the consistent buying of dips and the pair's inclination towards an upward trajectory.
Confirmation of an impending upward movement hinges on a breakthrough above the range's resistance at 1.1. In such a scenario, we could anticipate a surge towards 1.12. My strategy involves seeking buying opportunities during market declines, while considering a shift if the price experiences a daily close below 1.09, negating this optimistic scenario.