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Eurusdtrend

EUR-USD The chart for EUR/USD on a daily timeframe shows a symmetrical triangle pattern, indicating a potential breakout. The price is currently at approximately 1.06865 USD, fluctuating between converging trendlines. The upper trendline acts as resistance, while the lower trendline provides support. The chart suggests a possible bullish breakout, represented by a yellow arrow, projecting an upward movement towards 1.09500 USD. Traders should monitor for a breakout above the upper trendline for confirmation of the bullish scenario, or a breakdown below the lower trendline for a bearish outcome
Long
by Dhareja
1
EUR/USD Shorts form 1.07100 or 1.07425My analysis for EU is similar to GU, focusing on sell opportunities. I'm particularly interested in a 4-hour supply level as a key area to take sells from. Once the price enters that zone, I will look for lower time frame (LTF) confirmation to continue the bearish trend. If the price goes higher, which is also expected, a more favorable sell position would be around the 5-hour supply zone, as it offers a more advantageous selling point. - Price has been very bearish recently indicating bears are more dominant. - 5hr and 4hr supply levels left unmitigated thats now become our POI. - Lots of liquidity left to the downside like Asia lows. - DXY is also correlating and supporting this idea as the dollar is looking bullish right now. - Lots of bearish pressure which means the correction is pending back up. P.S. I expect this pair to start off bearish this week, aiming to break the nearby low. Afterward, I anticipate a reaction from the 4-hour demand zone, causing a retracement back up.
Short
by Hassan_fx
3
EURUSD Technical Analysis and Trade Idea👉 In this video we look at a trade idea for the EURUSD currency pair. The higher time frame charts indicate that the euro dollar (EURUSD) is currently facing downward pressure, suggesting a potential short (sell) opportunity. We’ve analyzed the overall trend, market structure, and recent price action. Additionally, we’ve identified a couple of options for setting stop loss levels. Remember that this information is for educational purposes only, and trading carries a high level of risk. Always prioritize good risk management strategies in your trading decisions. ✅🌟
Short
by tradingwithanthony
You Need An Edge In The Markets - Tradingview Has The Tools!👉📈 In the video, we look at a EURUSD trade opportunity, but more importantly, we delve into essential features and tools available on TradingView, which can considerably enhance your trading edge. Here’s what we cover: ✅ 1: Multi-Chart Layout: - TradingView’s workspace allows you to view multiple charts simultaneously. This feature is particularly useful when analyzing currency pairs like EURUSD. - By comparing different timeframes or related assets, you gain a broader perspective on market dynamics. ✅ 2: Currency Indexes: - Currency indexes provide crucial insights. They help answer questions like: Is the EUR (Euro) truly under pressure? Is the USD (US Dollar) gaining strength? - For instance, even if the EURUSD pair appears bearish, understanding the individual currency strengths is vital. Sometimes, two currencies may be trending in the same direction with one slightly stronger than the other.. you might look to avoid trading the currency pair associated with this scenario. ✅ 3: Entry, Stop Loss, and Target Levels: - We explore how to identify optimal entry points, setting a suitable stop-loss, and define profit targets. 📢Leveraging TradingView’s tools, you can fine-tune your trading strategy and gain a real edge in the currency markets. 📢 Remember, steady conservative and consistant trading, along with rigorous risk management, is key. Happy trading! 🛡️🌟
Editors' picks
Short
by tradingwithanthony
18
EUR/USD Shorts from 1.07400My bias is similar to GU, given the significant bearish pressure we've seen. I aim to continue this bearish trend. Currently, I am waiting for a pullback into a supply level for price to distribute and maintain its downward direction. I will look for sell opportunities at the 10-hour supply zone. If the price doesn't react there, I expect a stronger response from the 4-hourly supply zone, which is at a more premium price. From there, I plan to sell back down, targeting the liquidity below. Confluences for EU Sells are as follows: - Lots of liquidity below that needs to get taken as well as imbalances that need to get filled. - DXY is also looking bullish which aligns with this idea as well. - Price has left a clean level of supply that has been unmitigated. - Price is currently in a downtrend so this is a pro-trend idea. - Higher time frame and candle stick anatomy also show bearish P.S. If the price drops a bit more, I will consider taking buys from the 4-hour demand zone, as it is valid and at a good price point. However, if this zone breaks, it will further confirm my bearish bias.
Short
by Hassan_fx
🤟EURUSD: New MULTITIMEFRAME analysis is here🤟☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Short
by Yelli_trades
21
EURUSD SELL | Idea Trading Analysis#EURUSD moving higher as it tests the strong resistance level. The price has reached the resistance level.. The chart is moving from the upper boundary of the channel. We expect the correction to continue.. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Short
by TheGrove
1
EURUSD: Bearish Butterfly Pattern Signals ReversalThe EURUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classic reversal structure frequently observed in technical analysis. The Butterfly Pattern suggests that the current bullish momentum may soon exhaust, giving way to a potential bearish trend. Potential Reversal Zone (PRZ): Point D, at the completion of the Butterfly pattern, is identified as a Potential Reversal Zone (PRZ). This zone is critically important for several reasons: Key Resistance Area: The PRZ aligns with a significant resistance level, historically indicating strong selling pressure. 4-Hour Trend Line: The zone coincides with a downward sloping trend line on the 4-hour chart, reinforcing the bearish outlook. 61.8% Fibonacci Retracement: The PRZ is also at the 61.8% Fibonacci retracement level of the preceding move, adding another layer of confluence to our bearish bias. Entry and Risk Management: Given the confluence of technical indicators at the PRZ, we anticipate a trend reversal to bearish from Point D. Our proposed trading strategy is as follows: Entry Point: 1.08865 Stop Loss: 1.09030 The stop loss is strategically placed above the PRZ to protect against potential false breakouts and limit downside risk. Take Profit Levels: To effectively manage our positions and lock in profits, we have set multiple take profit levels: TP-1: 1.08700 TP-2: 1.08535 TP-3: 1.08370 These targets are derived from previous support levels and the harmonic pattern projections. Conclusion: The confluence of the Bearish Butterfly pattern, key resistance, trend line, and Fibonacci level significantly strengthens the bearish case for EURUSD at Point D. By entering the market at 1.08865 with a stop loss at 1.09030, and targeting the specified take profit levels, traders can capitalize on the anticipated bearish reversal while maintaining disciplined risk management.
Short
by trading_jupiter
EURUSD Technical Analysis and Trade IdeaDuring a recent rally, the EURUSD exhibited notable bullish momentum. In our video analysis, we explore potential long positions, contingent upon price aligning with our entry criteria. Examining the 4-hour chart, we observe a previous bearish trend that has been interrupted by a bullish market structure breakout. While my bias leans toward a long position, it remains contingent on price action developments outlined in the video. Disclaimer: This content does not constitute financial advice.
Long
by tradingwithanthony
2
EURUSD accumulates with upside amid negative backdrop for USDEURUSD: The EUR yesterday adjusted slightly, then increased again in the early morning session this morning. On the H4 frame, it can be seen that the uptrend has returned to dominate before, however in today's session it is expected that the market will largely still accumulate with the advantage of increasing points in the context of quite a lot of negative information for the USD and the market. The school is waiting for nonfarm news this weekend. Therefore, you can consider buying EURUSD in today's session. Recommended to buy around 1.0860
by Chart_MasterPro