EURUSD Analysis H1Here is my analysis for EURUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Eurusdtrading
EURUSD: Waiting for a turbulent Friday!The EUR/USD rose back to 1.1000 during the American session, boosted by a weaker US dollar across the board amid an improvement in risk appetite. It was a relatively quiet Monday for financial markets as attention is focused on incoming US inflation data later in the week.
#EURUSD | BUY☑️Broke the structure on the 4H timeframe
☑️Broke the structure on the 1H timeframe (confirmation) - NO
If we break the market structure down on the 4H timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
EURUSDFor me, I'm still neutral for now. Before taking any position on this pair, I will want to see a break above the 1.10432 and its retest (for a long) or a break below 1.09523 and its retest (for a short). Until then, we wait.
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
eurusdThis is my view on the eurusd, based on my understanding this is what we may see in price this month/ week, I may be right and I also may be wrong.
EURUSD, Expecting Move on Both SideI am expecting EURUSD up move to meet the 2H Order Block and then i will go down to meet the daily unmitted Daily OB. or it can go upside to meet the unmitted daily OB and fall down
EURUSD: Seeking the new Support. First buy attempt.EURUSD is having a strong technical selling sequence following the HH rejection (July 18th) at the top of the long term Channel Up pattern. The 1D timeframe turned neutral (RSI = 45.045, MACD = 0.005, ADX = 28.669) and as the price is near the HL trendline, it justifies a first buy attempt. Our sell target and buy entry from last week (chart at the end of the idea) was 1.09800 anyway and the target the top of the Channel Up (TP = 1.13250). It is possible for the market to seek the 1D MA50 too (1.09200) but if it closes a candle under it, then it should extend the selling to the 1D MA200 (TP = 1.08000), where it will turn into a long term buy opportunity again.
Prior idea:
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Eur Usd Scalp LongBullish Analysis for EUR/USD Scalp Long from 1.10042 - 1.09895 - 1.09778 (Bearish Correction)
Introduction:
Within the context of a bearish trend in the EUR/USD currency pair, a short-term bullish correction seems to be developing. This analysis focuses on the potential for a scalp long trade within the specified price range of 1.10042 to 1.09778, taking advantage of the expected temporary upside movement.
Bearish Trend in Place:
The EUR/USD pair has been in a sustained bearish trend, with a series of lower highs and lower lows on the price chart. It is essential to acknowledge this overall trend and understand that the scalp long trade being considered is a short-term counter-trend move, not a full-fledged trend reversal.
Corrective Price Action:
During a downtrend, it is common to witness short-term corrective price movements that run counter to the main trend. The price range from 1.10042 to 1.09778 appears to be one such area where buyers have stepped in to create a temporary correction, potentially retracing part of the recent bearish move.
Overextended Market Conditions:
The bearish trend may have led to oversold market conditions on various oscillators and short-term indicators. This oversold state indicates that the selling pressure might have exhausted itself for the time being, making room for a short-term bounce to the upside.
Risk-Reward Opportunity:
Given the potential for a short-lived bullish correction, a scalp long trade from the specified price range offers an attractive risk-reward opportunity. Traders can target a relatively modest profit within the correction, while keeping stop-loss levels tight to protect against a potential resumption of the primary bearish trend.
Conclusion:
Considering the prevailing bearish trend in EUR/USD, the potential for a short-term bullish correction from 1.10042 to 1.09778 is worth exploring for a scalp long trade. However, it is crucial to approach this trade with caution and strict risk management, as the primary trend remains bearish. Scalp trades can be highly sensitive to market fluctuations, and traders should be prepared to act swiftly to secure profits or limit losses. Always monitor the price action closely and be prepared to exit the trade if the underlying bearish trend reasserts itself.
EURUSD We have been in a short position on this pair for a few days now and so far, we are at 125 pips in profit. However I expect another retest around the 1.11112 zone and if it holds, the bearish move continues which means another opportunity for a re-entry
EURUSD: Technical correction targeting the 1D MA50.EURUSD has started the medium term correction inside the long term Channel Up after it hit the top and made a HH. The 1D technicals may not be overbought any more but remain bullish (RSI = 60.317, MACD = 0.009, ADX = 35.910) illustrating that there is still way for the price to decline before they find a balance.
We expect that to be on the 1D MA50, unless the 1D RSI rebounds on the HL trendline. If not continue selling to the price's HL and the 1D MA50 (TP = 1.09800).
Prior idea:
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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 Tradeafter taking liquidity from the buyside and changing character on break of structure we wait for the price to fill FVG and then we consider it as an entry point
EURUSD: First time over the 1W MA200 since November 2021EURUSD crossed today over the 1W MA200 for the first time since November 8th 2021. This more than 1.5 year wait comes as an incredibly strong long term bullish signal if the 1W candle closes over the 1W MA200. If it does, we will buy and target the R1 (TP1 = 1.13900) and R2 (TP2 = 1.15000).
If it doesn't, then expect a rejection as this is the top also for the Channel Up and the 1D timeframe is already overbought (RSI = 73.402, MACD = 0.006, ADX = 28.802). The RSI in particular is at the top of its Rectangle pattern which matches the price's Channel Up. Consequently if the candle closes under the 1W MA200, we will sell and target the 1D MA50 (TP = 1.09500).
Prior idea:
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EURUSD Analysis H1Here is my analysis for EURUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURUSD Analysis H1Here is my analysis for EURUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURUSD Falling Resistance!EUR-USD will soon retest
A falling resistance line
And as the pair will be
Overbought at that point
I believe we might see
A bearish correction!
EURUSD: Is running out of Triangle space and will soon break outEURUSD is trading inside a Descending Triangle with the 4H MA50 rejecting lately every bullish break out attempt and the 4H MA200 acting as Support. Natually the 4H technicals are neutral (RSI = 43.233, MACD = -0.001, ADX = 36.327) but so are those on 1D. Fundamentally the market is waiting for Friday's Nonfarm Payrolls before it makes a move but even technically, the pair is running out of room inside the pattern.
If the 4H candle closes over the 4H MA50, it will be a bullish break out and we will buy targeting the R2 (TP = 1.10500). If it closes under the 4H MA200 and HL trendline of June, we will sell and target the S2 (TP = 1.07335).
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EURUSD high time frames outlookIn this analysis we will be able to observe some notes regarding the direction of the market and with respect to the view or what we expect during the following weeks.
eurusdThis is my expectaion on the EURUSD for this week or month, we wanna see price rally high to take the buyside liquidity then anticipate selling above those highs and expect to see eu trading lower to take sellside liquidity.
EURUSD TradeAfter the take of sellside liquidity and the change in the character of the market we will see a reversal of the price to fill FVG then the continuation of the upward trend towards the liquidity of the high it's just idea
EURUSD: Market continues to move in a downtrendEUR/USD declined on Wednesday, quickly reaching below 1.0900 and then rebounding in the US session, cutting losses. The Euro is still supported by expectations of interest rate hikes by the European Central Bank (ECB), reaffirmed by Lagarde's comments. At the same time, bets on interest rate hikes increased in July from the Federal Reserve (Fed), supporting the US Dollar.
Inflation data from the Eurozone has started to be released. Italy's harmonized consumer price index slowed down from 8% to 6.7% in June.
On Thursday, Spain and Germany will report inflation, and on Friday, the Eurozone's Consumer Price Index (CPI) will be due. The headline EZ is expected to decrease from 6.1% to 5.6%. Another report released on Wednesday showed a decline in the GfK Consumer Confidence survey, with a drop from -24.4 to -25.4. This is the first decline since October.
EURUSD: ECB President Lagarde Speaks!The EUR/USD pair is taking a break around 1.0960 after posting its biggest daily gain in a week during a two-day rally. This suggests that the Euro has been boosted by hawkish comments from European Central Bank (ECB) officials the previous day, while paying little attention to optimistic US data. However, cautious sentiment ahead of key speeches from top central bank figures including ECB President Christine Lagarde and Federal Reserve Chair Jerome Powell at the ECB Forum in Sintra has further fueled the currency pair's price increase.
