Eurusdtrading
💡 EURUSD: Analysis May 15Bar D1 increased yesterday with a wide range, had a lower shadow and closed close to the top, showing very good buying pressure during the day. More importantly, this D1 bar closed above the previous Inside bar pattern, creating an upside breakout that could be the price action that gives EURUSD D1 additional upward momentum. However, structurally, EURUSD D1 is still inclined to decrease with gradually lower price peaks and troughs.
The sweep down then pulled back up and bounced strongly upwards, creating a new high price peak to help EURUSD H1 continue the short-term upward price trend. Combined with the bullish breakout at D1 from the Inside bar, H1 EURUSD today is quite favorable for the idea of waiting to buy from the supports below.
💡 H1 trend: EURUSD up
Today's trading idea: Buy EURUSD.
EURUSD Short Trade Setup A #short trade opportunity recently presented itself on the #eurodollar (#EURUSD) #trading chart 📉.
This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 1.08939 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 1.06500 psychological level and possibly testing the strength of the 1.06443 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#majorpair
EURUSD: Overbought on 1D presenting a sell opportunity.EURUSD is overbought on its 1D technical outlook (RSI = 71.115, MACD = 0.002, ADX = 33.336) with the price approaching the top/ LH trendline of the long term Channel Down. It is already past the 0.618 Fibonacci level, where the last LH got rejected but the 1D RSI is right where the tops of December 27th 2023 and March 7th 2024 where formed. This is a solid low risk sell opportunity, aiming for the next LL on a 1.236 Fib extension (TP = 1.05550).
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EURUSD Risky Long! EUR-USD is trading in an
Uptrend and the pair broke
The falling resistance
Which is now a support
Then made a retest and
Is going up again so I think
That we will see a further move up !
EURUSD BUYHi fellow traders, EURUSD is ready to make a move higher from the blue box after completing the correction. Target the 1.0857 level. Good luck and trade safe!
#EURUSD: Keeping NFP in mind| What you think? Price rejected at 1.07526 with stronger wick rejections, suggesting further drop in price is inevitable, alongside DXY failed to make major bearish correction. Currently, DXY is extremely bullish and it is likely to remain that way until friday where we will be having NFP(NON-FARM PAYROLL). Price can drop until our entry point at 1.05204 where in our opinion price can rebound strongly.
So what do you think about EURUSD.
EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Demand Zone
Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Break of Structure
EURUSD: Dollar steadies ahead of CPI dataThe dollar index and dollar index futures were little changed during the Asian session on Monday.
But traders remain largely biased against the greenback ahead of key US inflation data later this week.
The CPI - released on Wednesday - will be closely watched, as it could influence the US interest rate outlook.
The dollar saw wild swings last week as mixed U.S. economic data raised questions about when the central bank will start cutting interest rates this year. However, while the US economy appears to have cooled in recent months, inflation is forecast to remain high.
Eurusd trade idea institutional tactics hello traders this my trading setup
Strategy : institutional tactics
If you like my idea please hit the like button, follow and show some love
wish you good luck and good trading
EURUSD Instituional tactics high probability setupHello traders this my trade prediction setup EUR/USD
if you like my content hit the like button follow and subscscribe and show some love
wish you good luck and good trading
EURUSD: 1D MA50-200 rejection. Strong sell.EURUSD is neutral on its 1D technical outlook (RSI = 51.370, MACD = -0.001, ADX = 29.673) as it got rejected on the 1D MA50-MA200 level, which stopped the bullish wave of the Channel Up from extending higher and potential breaking the pattern. The 1D RSI is on the stage where it should reverse as per March 12th. This is a strong sell signal, TP = 1.05550 (the 1.236 Fibonacci extension level).
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Let's look at the EURUSD answer sheet and buy and sellHello, friends. Nice to meet you
I hope you all have a good day
The candle is located inside the Ascending Broadcasting pattern and can be dip once more towards the RED line.
And if it get to the RED line, We expect to see a successful rebound and break through the Ascending Broadening pattern upper line.
EURUSD 06/05Pair : EURUSD ( Euro / U.S Dollar )
Description :
Impulse Correction
Falling Wedge as an Corrective Pattern in Short Time Frame
RSI - Divergence
Completed " 12345 " Impulsive Waves and " ABC " Correction
Fibonacci Level - 78.60%
EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves
Break of Structure
Fibonacci Level - 61.80%
Bullish Channel as an Corrective Pattern in Short Time Frame
Fake Breakout
EURUSDDear Traders,
We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management.
Remember, do your own research too, and only take if it matches your own chart analysis.
EURUSD Pair : EURUSD ( Euro / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line
Completed " 1234 " Impulsive Waves
RSI - Divergence
Break of Structure
Bullish Channel in Short Time Frame
EURUSD Short?Price tapped into a weekly POI last week but left a liquidity pool that still needs to be mitigated. This couple up with a strong DXY (Dollar) promotes the idea that the market may be bearish. Looking at the analysis we have already tapped into an imbalance on the daily which may act as a resistance and we have broken out of that bearish flag. I am waiting to see a minor retracement at market open to those 1 hour tf POIs where I will be looking to sell from.
Analysis of EURUSD DirectionHey, guys.
Friends who are tired of the continuous decline, Look at this chart.
I got two clear signals of a rebound.
If the candles don't breakdown gray zone in current position, and don't close down.
That is cleary condition that candles rise up.
EURUSD 1704Pair : EURUSD ( Euro / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line
RSI - Divergence
Break of Structure and Retracement
Completed " 1234 " Impulsive Waves
EURUSD Technical Analysis and Trade IdeaIn this video, we explore a trading approach for the EURUSD pair. Our analysis suggests a potential trading opportunity. We provide an extensive analysis of the current price trends, carefully assess the market structure, and consider the dynamics of the market. When conditions are favorable, we identify a possible entry point. However, it’s critical to highlight the necessity of employing effective risk management tactics. Please be aware that this video is designed strictly for educational reasons and is not meant to serve as financial guidance.
Eurusd EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday. The elevated US Dollar is exerting pressure on the pair, potentially influenced by the higher US Treasury yields.
On the upside, EUR/USD is projected to find early resistance at the key 200-day SMA of 1.0827, ahead of the April top of 1.0885 (April 9), followed by the March peak of 1.0981 (March 8) and the weekly high of 1.0998 (January 11), all preceding the psychological barrier of 1.1000. Further advances from here could challenge the December 2023 top of 1.1139 (December 28).
The breakdown of the 2024 low of 1.0621 (April 15) could put a probable visit to the November 2023 low of 1.0516 (November 1) back on the radar prior to the weekly low of 1.0495 (October 13, 2023), the 2023 bottom of 1.0448 (October 3), and the round milestone of 1.0400.
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
EURUSD: Oversold on 1D but still bearish long-term.EURUSD turned oversold today on its 1D technical outlook (RSI = 29.517, MACD = -0.004, ADX = 31.573) as it failed to sustain the rebound during the early session. The long term pattern is a Channel Down since the start of the year and this is the second bearish wave for a LL. The 1D MACD is on the second Bearish Cross inside 30 days and even though a short term rebound might be possible, we expect a test of the Channel Down's bottom by the end of the month (TP = 1.05550). That would be on a perfect -4.00% symmetry with the decline of the previous bearish wave.
See how our prior idea has worked out:
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