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Eurusdtechnicalanalysis

EURUSD with WillsonnnnHello guys, a good day! Intraday bias in EUR/USD stays neutral at this point. On the downside, break of 1.0655 minor support, and sustained trading below 55 4H EMA (now at 1.0664), will argue that the rebound from 1.0447 has completed with three waves up to 1.0755. That came after rejection by 1.0764 cluster resistance (38.2% retracement of 1.1274 to 1.0447 at 1.0763). In this case, intraday bias will be turned back to the downside for 1.0447/0515 support zone. Nevertheless, strong bounce from current level, followed by decisive break of 1.0764, will bring stronger rally to 61.8% retracement at 1.0958 next.
Long
by Willsonnnn
EURUSD with WillsonnnnEUR/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.
Long
by Willsonnnn
EURUSD - H4EURUSD H4 - The price last week remained in the range of 1.065 - 1.071, without choosing a direction. Locally, the price is moving in an ascending channel, and the corrective movement may continue in this range to the level of 1.077. For purchases, it is better to wait for the price to fix at the level of 1.072 or for the price to decline to the lower border of the channel (1.062). To consider selling and continuing the downward movement, it is better to wait for the channel level (1.062) to be fixed and a retest. with targets up to 1.00000 What to expect now? You can consider entering from fixation at the level of 1.072 with a small risk on the idea with a target of 1.085 It is better not to take increased risks; a correction is being traded. Cancel an idea when assigned to a channel level.(1.062) Long Targets 1.077 - 1.081 - 1.085
Long
by Trade_Hive_Signals
EURUSD Longs from 1.06400 to 1.07400 (possibly higher)This week's analysis for the EURUSD is similar to GU however it has some slight differences (at the end of the day they are different pairs with different characteristics.) In terms of current price I see the market consolidating just before the CPI event before making its decision. So I would wait for price to either sweep liquidity below and tap in the (18hr) demand or, sweep the liquidity above and mitigate the (8hr) supply. But as we can use the dollar as a confluence I would be expecting it to rise a little then drop, so for the EURUSD I'm expecting it to tap in the demand first to buy back up to the supply zone above. Confluences for EURUSD Longs are as follows: - Price has formed higher highs and higher lows which is the clean structure of an uptrend. - Price has left a clean unmitigated demand zone on the 18hr that I can buy from. - Price has slowed down momentum and is ranging which is building liquidity for my potential buys this week. - The dollar index also matches up with the bias as the DXY is expected to rise a little more, to then continue another bearish move to the downside. - Demand zone has also broken structure to the upside and price has filled in the imbalances from the previous weeks. P.S. I am more leading towards longs similar to GU so won't be surprised if it doesn't go as low as the demand zone marked, but keeps rising in order to mitigate the supply and sweep that liquidity below it. So for me, I would ideally wait and see as I don't see an imminent trading opportunity for Monday hence, why I would wait after CPI Tuesday to give me a better understanding of what direction this market wants to go in.
Long
by Hassan_fx
1
EURUSDDespite the usual year-end cooling, the dollar's strength, underpinned by US macro performance and a hawkish stance from the Federal Reserve, is expected to continue. The dollar remains unaffected by the Treasury sell-off and rising long-term yield curve. High US interest rates and a disorganized rise in US yields are seen as factors that could further strengthen the dollar. Factors that could lead to a weaker dollar include weaker US macro data, a slowing US economy or a recession in the euro zone. However, these potential weaknesses are not expected to result from a reassessment of China's or Europe's growth outlook. High US interest rates are likely to disrupt the financial sector, which will initially boost the dollar due to tighter dollar funding conditions.
Short
by Willsonnnn
EURUSD Longs - A grade setup blueprintThis time we are diving into an A grade setup that was presented to us on the 08/11/2023. After anticipating a bullish move from this exact zone marked out last Sunday's post. I will be breaking down what I would look for once price taps into our higher time frame POI (16hr demand zone on EU). At first I noticed that as price was slowing down momentum, wyckoff accumulation started to become more evident. During the process of liquidating previous buyers, it changed character on the 10min which left a 5min OB that was unmitigated. From then, my SPRING was confirmed as well as my entry price. In addition to this, the order block was also in line with the 0.78 mark on the fib range and it was at a very discounted area hence why price was volatile as soon as it got tapped in. As I also realised that price had filled the imbalance left from last Fridays NFP event, I knew price would want to continue in the trend it had set, which was a bullish order flow that consisted of higher highs and higher lows. Lastly I would set my take profit target to be in areas of liquidity that price would attract to, and in this case it was the amount of untouched Asia highs that was left from previous days. However, I also realised that for price to move back down, it would need to mitigate a supply which was also left above the points of liquidity. P.S. The mini equal lows that was swept was just extra confluence that price would react off my 5min OB that caused the CHOCH to happen, and because price had perpetual liquidity sweeps, I knew that there was minimal reversal magnets that could try interfere with our trade. Ultimately, this was why we was able to catch a 1:12 RR with basically ZERO DRAWDOWN...
Long
by Hassan_fx
3
EURUSD Technical Analysis And Trade IdeaIn this video, we embark on an in-depth look of the EURUSD currency pair, delving into the evident uptrend displayed across both the monthly (1M) and weekly (1W) timeframes. Within this forex pair, we've encountered a noteworthy resistance level, hinting at the possibility of an imminent retracement. Throughout our discourse, we will delve into the exploration of a potential trading opportunity, the intricacies of technical analysis, and offer valuable insights into effective forex trading strategies. It is paramount to underscore that the insights shared within this content are designed solely for educational purposes and should not be construed as financial advice. Trading in the currency market carries inherent risks, emphasizing the critical necessity of incorporating robust risk management techniques into your trading strategy.
by fxtraderanthony
EURUSD 4H :Waiting for breach the support zone EURUSD New forecast As we mentioned from the previous idea , if price failure to stable above 1.0760 then the price will drop and already dropped to our target . Trading in the EUR/USD pair bounced down after testing the resistance of the ascending channel at 1.0760 and rebounded from it, heading towards a possible visit to support this channel during the coming sessions, so that the bearish bias is likely for today according to the rules of trading within the price channels. Therefore, we expect to witness further decline in the immediate term, but on the condition of stability below the resistance area at 1.0686 - 1.0700, targeting the levels of 1.0664 and then 1.0632 mainly, noting that breaching and stability above 1.0700 will stop the expected decline and lead the price to conduct a further upward correction. The expect range trading for today it will be between the resistance line 1.0760 and support line 1.0664. resistance line : 1.0700 , 1.0760 support line : 1.0686 , 1.0664 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Short
by Arazmajeed
30
Long Position traders looks happy! EURUSD {08/11/2023}Educational Analysis says EURUSD may go long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Broker FXCM. Bull/Long Traders look positive on the long position of this pair, The Last lower high has been respected, Which means the market is in bullish trades for this pair. EURUSD fair value gaps are unfilled in a 4-hour time frame. The last Analysis is jointly connected in this updated one. So, trade is already on with RR is 1: 50.44 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS. Happy Trading, Fxdollars.
Long
by VishalBudhrani
2
Eurusd Sell Analysis For Today EUR/USD made a sharp U-turn in the American session on Wednesday and closed modestly higher after falling toward 1.0500 earlier in the day. The pair preserved its recovery momentum and advanced to the 1.0600 area in the early European session on Thursday. The US Dollar came under heavy selling pressure late Wednesday as the Federal Reserve (Fed) failed to convince markets that they could still opt for one more rate increase in December. The Fed left the policy rate unchanged at 5.25%-5.5% as anticipated and the policy statement read that policymakers will take a range of economic factors into account when determining the extent of possible additional policy firming. In the post-meeting press conference, Chairman Jerome Powell refrained from confirming a no change in the policy rate this year but acknowledged that rising bond yields were causing financial conditions to tighten.
Short
by FxAlena
EURUSD Technical Analysis And Trade IdeaIn this video, we provide a comprehensive analysis of the EURUSD currency pair, with a particular focus on the current bearish sentiment in higher timeframes. Throughout this presentation, we explore fundamental aspects of technical analysis, covering elements such as the ongoing trend, price movement dynamics, market structure, and other essential components of technical analysis. As we progress in the video, we closely examine a potential trading opportunity. It's essential to highlight that the information presented in this content is purely for educational purposes and should not be construed as financial advice. Engaging in foreign exchange market trading involves a significant level of risk. Therefore, it's vital to thoughtfully incorporate risk management strategies into your trading plan.
Short
by fxtraderanthony
EURUSD Where to next?Looking at the charts on the weekly TF, price is attempting a retest on the previous support already broken. If it holds as a new found resistance we just might see price push lower on $EURUSD. For now, I'd rather wait to see the way price will choose to move. Key area in focus is 1.06964 Happy trading. Follow and like for more. Thanks Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
by Mbjoey
Trading with Head and Shoulders patternUsually the head and shoulders pattern perform at the end of channel up as a sign of a reversal trend. In this chart, we can see channel already broken on October 23, but the right shoulder has not fully performed yet. To trade with this pattern, we have a several conditions : 1. Wait for right shoulder to completely perform to touch neckline at 1.0530. As long as right shoulder not higher than head , this pattern is still valid. 2. After we have a perfect right shoulder, we need one candle full to break down the neckline as bearish confirmation . 3. Usually broken neckline will bounce at previous support to retest neckline . This is the right moment to enter short position 4. Best stop loss position is above right shoulder, as long as the risk reward ratio is still above 2 5. Head to neckline are equal to neckline to target (AB=CD). So in this sample we have 1.0361 as profit projection note : consider this pattern as failure , If step 1 to step 3 failed to perform  
Education
by AzrulAzir
EURUSD 4H : Still support further decline EURUSD New forecast The EUR/USD pair shows an upward tendency to try to move above the support of the ascending channel, noting that the 50 moving average forms continuous negative pressure against the price, Therefore, these factors encourage us to expect the resumption of the downward trend for today, heading towards testing the 1.0496 and 1.0462 levels mainly, taking into account that breaching 1.0585 will stop the expected decline and lead the price to attempt to return to the upward corrective path again. The expect range trading for today it will be between the resistance line 1.0612 and support line 1.0462. Additionally ,Today News will affect the market . resistance line : 1.0562 , 1.0612 support line : 1.0540 , 1.0496 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Short
by Arazmajeed
EURUSD - H4\D1EURUSD Locally, the price is moving in an ascending channel, and the corrective movement in this range may continue to the level of 1.07500. To consider the possibility of selling and continuing the downward movement, it is better to wait for the consolidation of the channel level and retest. with targets up to 1.00000 (parity) What can you expect? You can consider entering from the nearest levels of 1.05500 with a small risk, in theory, with a target of 1.07500. It is better not to take increased risks; correction is being traded. Cancel the idea if the price consolidates at the channel level. Long Targets 1.06374 – 1.06954 – 1.07500
Long
by Trade_Hive_Signals
EURUSD Trades Looking For Long, But Daily is Down.{25/10/2023}Educational Analysis says EURUSD may go long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Broker OANDA. After a downtrend on the daily timeframe, A 4-hour time frame looks promising up to the recent lower high, Long setup after eating stop loss from Short Sellers, Because EU fair value gaps are unfilled in a 4-hour time frame. The last Analysis is jointly connected in this updated one. So, trade is already on with RR is 1: 4.45 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS. Happy Trading, Fxdollars.
Long
by VishalBudhrani