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Eurusdtrend

EURUSD Technical Analysis and Trade IdeaIn this video we take a close look at the EURUSD currency pair. We can see that this has been bullish on the higher time frame. We can see that it has traded into resistance, has also been range-bound since Friday and we are looking for a potential trade opportunity if market conditions are favourable. In the video we discuss price action, market structure, the trend and other important aspects of technical analysis. As always this information is for educational purposes only and not to be construed as financial advice.
Long
by tradingwithanthony
EURUSD Technical analysis and Trade IdeaIn this video analysis, we focus on dissecting the movements of EURUSD. We can see that the EU has traded into a significant resistance level. Below the current price level, we pinpoint an imbalance key support zones. Throughout the presentation, we delve into comprehensive trend analysis, intricacies of price action, the underlying market structure, while also briefly outlining a prospective trade opportunity. It is important to note that this is not financial advice and is meant for educational purposes only.
Long
by tradingwithanthony
EURUSD Technical Analysis And Trade IdeaThe EURUSD has shown a robust upward trajectory, subsequently experiencing a bearish shift in market structure. This video delivers an intricate breakdown of this trend, meticulously scrutinizing price fluctuations and uncovering potential trade prospects through comprehensive evaluations across weekly and daily timelines. Expect a comprehensive review encompassing price shifts, market patterns, trend assessments, and vital technical analysis elements. It's imperative to stress that the information shared here serves solely for educational purposes and should not be construed as financial counsel.
by tradingwithanthony
EURUSD Technical Analysis And Trade IdeaIn the recent times, EURUSD has broken market structure to the downside, indicating a possible sell opportunity. This video presents a detailed analysis of this trend, meticulously examining price movements on both the weekly and daily charts. Please note, the content presented here is purely educational. It's crucial to emphasize that while the analysis provides valuable information, it should not be interpreted as financial advice or guidance.
Short
by tradingwithanthony
EURUSD I Pullback and more potential growthWelcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
4
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 tradingwithanthony
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 tradingwithanthony
EurUsd Strong as ever after botched ADP data ⚖️Solid Daily candle closure after not great ADP data. 0:0 Monthly timeframe 3:05 weekly timeframe 4:50 Daily timeframe 8:16 4hr timeframe 11:45 1hr timeframe Not surprised.. Also not surprised to asian session move back to the highs from NY session earlier today. These are signs of bullish strength for EurUsd. We just recieved a solid 4hr candle lose with Asian session. Market structure filled to bullish with NY along with the Daily closure. We still have NFP data but it's in 32 hours. We may observe an increase prior to NFP and that's what I'm looking for on EU. Few key level's we have here 1.0575 Daily level 1.0543 weekly level 1.0527 4hr level 1.05023 4hr level 1.0491 1hr level 1.04608 Daily level
Long
by ShrewdCatfx
Understand Session to Session Behavior🏺EurUsd 1.It's early in the week 2. Alot of volatility already this week for EurUsd 3. Daily candle closed with no bottom wick denoting exhaustion 4. Asian session continuation to the downside here coinciding with daily support level 1.04627 0:0 Monthly timeframe 2:47 Weekly timeframe 4:51 Daily timeframe 6:52 15m timeframe 8:04 4hr timeframe 8:52 1hr timeframe We moved down quite a bit today! Took some sells during NY session and jumped on the train to the downside. Is it a surprise that Asian session has continued that descent? We are at almost 2x ATR for EurUsd regarding the volatility today. London Session usually does some fakeout behavior and will likely retrace to gather some liquidity here.. There is always fomo liquidity in the market and my trading system depends on it.
Long
by ShrewdCatfx
Monthly Candle pulls back for Closure? 🌛 EurUsdEurusd no mercy for the Monthly candle closure here. 0:0 Monthly timeframe 1:41 Weekly timeframe 3:57 daily timeframe 5:51 4hr timeframe 7:49 1hr timeframe 8:01 what happened during today 13:40 Bias for upcoming session Today we observed a V-Shaped recovery on Eurusd fueled by missed GDP data. We can also attribute the pulback to an over-extended DXY, profit-taking, and Fomo liquidity chasing the market down... Please let me know if you caught this retracement which I called out in my previous analysis about 24 hours ago. With that said, I'm anticpating an increase into the close of the monthly candle. I believe it can continue to pullback and create a larger bottom wick. The current size of the bottom wick on eurusd on the Monthly timeframe is 86 pips. Today price pulled back up and closed a solid bullish candle back above the weekly timeframe support level at 1.054 which was our original bearish shorts target on the week. To end the week, I wouldn't be surprised to see another bullish push after that bullish daily candle close that we observed today. This bullish push could extend to 1.06071 1hr resistance zone. We have clean traffic up to that level .. a 28 pip clean range. inflation data not expected to chang eover the previous data point.. could be catalyst to continue to pullback to the upside but if we are wrong.. it may act as a catalyst to pull back down towards 1.054 weekly support level or 1.053-1.052 area.
Long
by ShrewdCatfx
1
EurUsd Dives to the Sea Floor?🌊 🤔Despite missed consumer confidence on Tuesday, Eurusd has been tanking and continuing the higher timeframe momentum. 0:0 Monhtly timeframe 2:56 Weekly timeframe 4:55 Daily timeframe 6:50 4hr timeframe 8:55 1hr timeframe 12:40 Bias We may also observe that the market is pulling down into the close of the monthly candle. The same concept which you may hear me talk about with the weekly candle pulling down or pulling bak into the close of a weekly candle.. just on a larger scale. The Monthly candle here has pulled down 165 pips into the candle close vs on the weekly timeframe we may observe a 40-80 pip move into the candle closure. Now we have seen quite the move down and there were a few traders looking to take longs at the beginning of the week, little early but i think the time is nearing for a possible pullback with london or NY session. This is because we observed quite a large volatile move to the downside. Asian session has pulled up when typically it has been pulling down across the past few days.. foreshadowing possible retracement. Either way, flexibility is one of the best qualities to exercise as a scalper. We will be open- minded and patient with entries and exits when approaching risk. We have reached a psychological number and this coincides Eurusd approaching the lows of the year at 1.08486. Our next tsrgt for shorts is 1.04609 daily level. Our retracement target is 1.05419 or 1.056 4hr resistance level. GDP is anticpated to be good for the USD so this could provide a catlayst for a bear continuation. If it misses , then we may anticpate a retracement. This is the logical approach, but we all know the market isn't always logical but often irrational. If you've read this far, leave a comment and a rocket and I will see you in the next analysis. Cheers.
Long
by ShrewdCatfx
4
Momentum in a Bearish market 🪜EurUsdWhen the Market trends down, support zones become resistance zones after candlestick closure confirmations. 0;0 Monthly timeframe 1:15 weekly timeframe 4:15 daily timeframe 9:00 4hr timeframe 11:45 1hr timeframe 14:00 Bias If you are new to the markets, that last sentence is probably a bit confusing. But really all it sums up to is that the market moves down in methodical steps. This may not always be the case however... Similar to a ladder and different from a silde. The market will drop suddenly and slide deeply in a panic similar to the Stock market crash of 2020 with Covid-19. All support level's failed and liquidity was swept through due to a change in fundamentals. The forex market has much more volume and therefore will not slide as easily vs the stock market which runs on lower liquidity. We are talking about medium-long term slides across days and weeks or even months. In the short term however, fundamental releases can cause the FX market to slide 10's of pips in a matter of seconds. Being inclined towards a scalping style, it is especially important to be aware of these short term slides which could wipeout a sizable portion of a trading account. Price action to begin the week: Weekly level 1.0663 is especially relevant and may facilitate a selloff back to the lows 1.0613. If we do push higher, we may tap into 1.0691 daily resistance level before seeing more selling pressure. 1.054 is the weekly bearish target for this week and our first stop will be 1.0576 daily level where we may observe some profit taking. Bullish targets on the week include 1.075 daily resistace zone. For this scenario, would prefer a daily closure above 1.0691 daily level.
Short
by ShrewdCatfx
2
EURUSD Technical Analysis and Trade IdeaAnalyzing the EURUSD currency pair, we've detected a significant development: it has now reached a crucial support level following a substantial bearish trend. At this juncture, it becomes evident that the price is overextended, potentially indicating an impending retracement. In the accompanying video, we provide a comprehensive exploration of essential factors, including price action, market structure, and critical aspects of technical analysis. It is crucial to emphasize that the information presented in this content serves purely educational purposes. It should never be interpreted as financial advice. Hence, it remains of utmost importance to exercise prudent risk management strategies when engaging in trading activities.
Short
by tradingwithanthony
4
Make the opponent flinch, and you've already won - Musashi 📼 The market has been relentless to the downside over the last 2-3 months. 0:0 Monthly timeframe 2:00 Weekly timeframe 5:35 Daily timeframe 8:45 4hr timeframe 12:35 let's zoom out a bit 12:30 1hr timeframe 15:15 Bias Fueled by Inflation data and technical confirmations, the market has continued is descent time & again. Tuesday Wednesday and thursday have closed bearish. We have established momentum in the market and I believe it is likely that we contiue on this path to end the week. The weekly can may continue to pull to the downside as it is currently bearish and has a 77 pips top wick. The thursday daily candle closed bearish and we have a wick to go fill with momentum. The market set itself up early in the week as it was bullish on monday and observed bullish impulses on tuesday and wednesday. Thursday saw a continuation of the bear momentum established on wednesday and I believe we may also see a continuatiion on Friday. It is easier trading with the trend.. and they do say .. the trend is your friend. With that said, we must remain flexible when trading the markets and our success across time realy depends on our ability to adapt to the changing market conditions.
Short
by ShrewdCatfx
1
A Bearish squeeze 🐻 unfolding or too hopeful? ❌EurUsd Buyers in La la land or are we onto something here? 0:0 Monthly timeframe 2:10 Weekly tiemframe 5:26 daily timeframe 7:34 4hr timeframe 10:25 Let's talk interest rates 12:30 1hr timeframe At times the market has coincided it's bottom or top with a News release. Today we have the September Interest Rates release as our fundamental catalyst for a potential bearish squeeze. We have 9 Bearish candles in a row. I was wrong last week about EurUsd longs so maybe I'm at fault here and this scenario is a long shot, no pun intended. We saw Profit taking on Fridaylast week and the market inched to the upside. On Monday we saw a clean range followed by a breakout to the upside on the intra-day timeframes during NY session. Today we observed a breakout to the upside once again with London Session. When NY session came around , price said " Not Yet" as we have Interest rates coming up and it was not the right time. We just ranged today prior to interest rates as one could expect. What I'm looking for is a move prior to news or a wick with news between 1.064 daily support level and 1.066 weekly support level preceding an increase back to 1.075 Daily resistance Zoneish. Not anticipating a rate hike or a rate cut as things will likely remain unchanged as we've already observed the fastest rate hike ever.
Long
by ShrewdCatfx
2