EUR/USD: Uncertain Trajectory Amid Tariff - Induced JittersThe EUR/USD is trading at 1.0796. After a Thursday rebound from 1.0733 due to a weakening USD, it's now pressured at the intraday high of 1.0799.
US President Donald Trump's new 25% import taxes on cars and car parts, with potential additional levies on the eurozone and Canada, have stoked risk - off sentiment. This has led to a temporary dip in the US dollar's appeal.
On the daily chart, it's found buyers near the non - directional 200 - day SMA, with 1.0730 as dynamic support. It's attempting to break the bullish 20 - day SMA, while the 100 - day SMA is non - directional below the current level. The momentum indicator is flat below 100, and the RSI at 56 hints at upward risk, yet unconfirmed. Bulls should be cautious short - term.
In the 4 - hour chart, technicals are rising but below the mid - line. EUR/USD is fighting a bearish 20 - day SMA, and the 100 - day SMA has lost upward steam around 1.0840. A break above 1.0840 could bring back the bulls.
EURUSD
buy@1.08200-1.08500
tp:1.08900-1.09300
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Eurusdtrade
EurUsd- The "big" move is down, not upLast week, TRADENATION:EURUSD reached a high of around 1.09 and has been consolidating ever since, now for the fifth consecutive trading day. Despite some weak upward spikes, the pair remains in a range-bound phase.
From a technical perspective, multiple resistance levels lie ahead, with the psychological 1.10 mark acting as a key barrier. Given the current price action, I believe this consolidation is more likely to result in a downside breakout rather than a continuation of the uptrend.
There is a strong possibility that EUR/USD will correct the impressive rally that began in early March.
With this outlook in mind, I see more downside potential than upside and I am considering selling into rallies, targeting a move toward 1.07.
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Strong GDP, Weak USD – How Will EURUSD React!?Today's U.S. data showed strong GDP growth (2.4%) , but lower inflation ( 2.3% Final GDP Price Index ) and a weaker trade balance ( -147.9B ) suggest the Fed may remain cautious on rate hikes. This limits USD's strength , supporting a potential EURUSD rebound .
EURUSD ( FX:EURUSD ) is moving in the Support zone($1.08180-$1.0745) and has also managed to break the Downtrend line . 50_SMA(Weekly) plays a good role of support for EURUSD .
In terms of Classic Technical Analysis and Price Action , there is also a possibility that EURUSD will return to an uptrend with Inverse Head and Shoulders and Bullish Quasimodo Patterns .
Regarding Elliott Wave theory , it seems that EURUSD has managed to complete the main wave 4 . The main wave 4 structure is an Expanding Flat Correction(ABC/3-3-5) .
I expect EURUSD to trend higher in the coming hour s and rise to at least $1.0855 , and if the Resistance zone($1.0867-$1.0850) is broken, we should expect more pumping .
Note: If EURUSD breaks below the 50_SMA(Weekly), we expect further declines. The worst Stop Loss(SL) could be $1.072.
Please respect each other's ideas and express them politely if you agree or disagree .
Euro/U.S. Dollar Analyze (EURUSD), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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EURUSD:Today's trading strategyThe EUR/USD is fluctuating and consolidating around 1.0790, having weakened for six consecutive trading days previously. US President Trump's announcement of imposing a 25% tariff on imported automobiles and their components starting from April 2nd has made the market worried that the economic and trade relations between the US and major economies are facing more uncertainties.
As can be seen from the chart, the EUR/USD has continuously declined. After hitting a low of 1.0732 at the lowest, it stabilized and rebounded. Currently, it is trading within the range of 1.0780-1.0790. If the exchange rate can break through the resistance level of 1.0830 above, it is expected to test the 1.09 mark. If it is blocked and pulls back, one should be vigilant about retesting the support area of 1.0732 again. In the short term, the EUR/USD may continue to have a wide range of fluctuations within the range of 1.0700-1.0830.
Trading strategy:
Sell@1.0830
TP:1.0730
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EURUSD:Beware of the retest of the daily chart resistanceYesterday, the price of EUR/USD generally declined as expected. The intraday price dropped to a minimum of 1.0776, rose to a maximum of 1.0829, and closed at 1.0789.
Currently, the overall EUR/USD remains below the daily chart resistance level of 1.0860. Therefore, for the time being, a bearish stance is still appropriate for the medium-term trend. From the perspective of the four-hour chart, the price is in a fluctuating decline and is supported at the 1.0770 area, while the resistance of the four-hour chart is at the 1.0805 area. For now, it is advisable to be cautious about chasing short positions, and beware of an upward price correction. In terms of price levels, pay attention to the daily chart resistance to observe further performance of downward pressure.
Trading strategy:
Sell@1.0850-1.0860
TP:1.0810-1.0770
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Attention! Key Signals in the EUR/USD Exchange Rate TrendThe EUR/USD pair has traded with a soft tone for five consecutive trading days, and the decline has expanded to 1.0776, the lowest level since March 6. However, the broad weakness of the US dollar in the middle of the European session pushed the currency pair to turn upward.
In the short term, according to the 4-hour chart, although the possibility of further upward movement is low, the downside potential also seems limited. The EUR/USD found buying support around the bullish 100-day moving average but failed to break through the bearish 20-day moving average. Finally, although technical indicators show an upward trend, they remain in negative territory.
EURUSD Trading Strategy:
buy@1.08200-1.08500
tp:1.08900-1.09300
I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
The trend of the EURUSD fluctuates and declines downwardOn Monday, as expected, the EUR/USD pair generally trended downwards. The price dropped to a low of 1.0781 and climbed to a high of 1.0857 on that day, closing at 1.0800.
Looking back at Monday's market performance, the price made a short - term upward correction right after the morning opening. Then, as anticipated, it reached the resistance levels on the four - hour chart and within the daily resistance range before halting its ascent. The price came under renewed pressure and declined during the pre - US session and the US trading session, ultimately closing with a large bearish candlestick on the daily chart.
Currently, on the daily chart, special attention should be paid to the resistance area around 1.0860. As long as the price stays below this level, a downward - pressured trend can be expected for the swing trading. Meanwhile, from the perspective of the four - hour chart in the short term, the area around 1.0770 needs to be closely watched. Once it is broken below, the focus should shift to the area around 1.0720.
Trading strategy:
Sell@1.0820-1.0830
TP:1.0770-1.0720
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EUR/USD Short Trade Setup – Key Resistance Rejection & Bearish TEntry Zone:
The entry for the short trade is around 1.08405 - 1.08412.
The price is expected to rise into this area before reversing downward.
Stop Loss:
Positioned at 1.08760 - 1.08770, above the resistance zone marked in purple.
This ensures the trade is invalidated if price moves too high.
Take Profit Levels (TP):
TP1: 1.07987
TP2: 1.07620
TP3: 1.07107
Final Target: 1.06604
Indicators Used:
200 EMA (Blue Line): At 1.08405, acting as resistance.
30 EMA (Red Line): At 1.08086, showing short-term trend direction.
Overall Trade Idea:
Price is expected to reject the 1.08412 resistance zone and move downward.
If the price respects the resistance, a strong bearish move toward the 1.06604 target is anticipated.
Potential Trade Plan:
Sell at: ~1.08405
Stop Loss: ~1.08760
Take Profit: Staggered at TP1, TP2, TP3, or full exit at 1.06604.
EURUSD Trading: Unveiling the Precise Strategy GuideAfter last week's decline, the euro against the US dollar started to recover at the beginning of this week and is currently trading within the positive range around 1.0850.
According to the Wall Street Journal, the White House is adjusting its tariff policy set to take effect on April 2nd. It may cancel a series of tariffs targeting specific industries and instead impose reciprocal tariffs on countries with significant trade relations with the US. Affected by this news, during the European morning session, US stock index futures rose by 0.8% to 1.0%.
On the 4 - hour chart in the European morning session on Monday, the Relative Strength Index (RSI) indicator climbed to 50, indicating that the recent bearish momentum has dissipated to some extent.
In terms of the upward direction, the 50 - period Simple Moving Average (SMA) forms an interim resistance level at 1.0880, followed by 1.0900. If the euro - US dollar pair can firmly stand above this level, the next resistance level may be at 1.0950.
EURUSD Trading Strategy:
buy@1.08200-1.08500
tp:1.08900-1.09300
I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Matador the EUR/USD Bull? - Bears about to jump in?After the previous 3 weeks of bullish havoc, the bears may have finally decided to pump the breaks on EUR/USD buyers.
As price continued to push higher, I held on to short positions that I began building up at 1.0851 & 1.0909 as I wanted to wait and see if the Pivot level R1 area (1.0935) was going to provide the wall to begin declining back down.
Once I saw the lack of advancement, I opened another strong short position at 1.0912 and now sitting at an overall average price of 1.0891.
I like this trade, however I am still staying cautious on that 1.0800 level. I want to see this price point clearly broken and trading below it, otherwise I will keep my stop at a close break-even point for risk protection. Overall, so far so good but we need to break through 1.0800.
From a purely technical analysis point of view, I see a small scale rising broadening pattern and this usually indicates a drop to the starting point of the pattern will take place however, If we drop aggressively, I may eye that 1.0600 level again which will lock in almost 300 pips but as I just said, these patterns usually return to their starting point so 1.0300 or below is not out of the question. I guess it depends on how the price action is looking whether I'd close or hold.
1.0600 is around the yearly pivot point so that is a good marker to shoot for IMO. Interestingly, the MACD and RSI show a rising broadening pattern as well so that gives me a little bit more conviction in this trade.
I see some other markers for this trade as well but I will share that in my next upcoming market preview video since it'd be too much to type.
As always, Good Luck & Trade Safe
EURUSD THEORY : BIG SHORT (W.B.: 24/03/25)Price has confirmed the change - not a strong confirmation but one nonetheless. For that reason, wait for price to retrace back into one of the drawn up POIs in order to decide where to sell from - If I get further signals that a sell will occur.
It should sell all the way to the bottom..
Next week should be interesting
N.B.: This is not financial advice. Trade safely and with caution.
EURUSD Analysis todayHello 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 Bulls Eyeing FOMC–Will Powell’s Dovish Tone Fuel a Rally?As we approach the much-anticipated FOMC rate decision and Powell’s press conference , market sentiment is shifting, and EURUSD ( FX:EURUSD ) traders are closely watching for clues on the Federal Reserve’s next move . With recent economic data pointing to signs of slowing growth and cooling inflation, the Fed might adopt a more dovish tone , fueling further upside for EURUSD .
Key Factors Driving the Bullish Outlook :
Inflation & Economic Data : CPI and PPI data indicate a gradual cooling of inflation, which strengthens the case for a potential rate cut later this year. If Powell acknowledges this shift, it could weigh on the dollar.
Market Pricing of Rate Cuts : Investors are already pricing in multiple Fed rate cuts for 2024. A dovish Powell could accelerate these expectations, weakening USD and pushing the EURUSD higher.
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Now let's take a look at the EURUSD chart on the 2-hour time frame .
EURUSD is moving near the Resistance zone($1.0983-$1.0916) and Yearly Resistance(1) .
Regarding Elliott Wave theory , it seems that EURUSD has managed to complete the main wave 4 . The structure of the main wave 4 is the Double Three Correction(WXY) .
The main wave 5 is likely to complete near the upper line of the ascending channel(possible) and Monthly Resistance(4) .
I expect EURUSD to rise in the coming hours to the targets I have indicated on the chart, although the Federal Reserve Conference could create long shadows , but I think the supply and demand zones will still work but still pay more attention to money management today .
Note: If EURUSD can break below the Potential Reversal Zone(PRZ) , there is a possibility of further decline in EURUSD.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EUR/USD Bullish Continuation Setup📈 Trend Analysis:
The price is trading within a rising channel, suggesting an overall bullish trend.
The market recently pulled back to a key support level, presenting a potential buy opportunity.
🔍 Key Levels:
Buy Zone: Around 1.08680 - 1.08966, marking strong support.
Target: 1.10140, aligning with the upper trendline resistance.
📌 Trade Plan:
Look for buy entries near the lower boundary of the ascending channel.
Confirmation through bullish candlestick patterns (e.g., engulfing, pin bar) strengthens the setup.
⚠ Risk Management:
Stop loss: Below the 1.08680 support level.
Take profit: Gradually scale out at 1.10140 resistance.
EURUSD Sell and Buy Trading PlanH4 - We had a strong bullish move with the price creating a series of higher highs, higher lows structure
This strong bullish move ended with a bearish Divergence
While measuring this strong bullish move using the Fibonacci retracement tool we have two key support zones that has formed (marked in green)
So based on this I expect potential short term bearish moves now towards the key support zones and then potential continuation higher.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.-