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Eurusdtrend

💡 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.
Long
by Stone_Haven
2
💡 EURUSD: Analysis May 17EURUSD fell yesterday, bouncing down from the strong resistance above. However, the downward pressure on prices is not strong because yesterday's decrease bar D1 had a narrow amplitude and had a lower shadow, showing that there is still buying force pushing up. The D1 EURUSD chart structure is still accumulating sideways. Need a break above the current resistance for EURUSD D1 to reverse to an uptrend. After the previous price push up, EURUSD H1 is having a pull back down. But with the dominant H1 chart structure being bullish, EURUSD H1 today can continue to wait to buy. Buying points include (1) waiting for an upward push to break the current small range and then retesting to buy, (2) being able to buy if the price drops deep to the lower support zone.
Long
by Stone_Haven
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
Short
by charles-okoukoni
1
EURUSD: The USD fell against the euro awaiting CPI dataThe US greenback fell to a one-month low in opposition to the euro today, as buyers predicted the discharge of a key US inflation record that might affect US coverage decisions. Federal Reserve. The euro rose barely 0.03% to 1.0823 USD at some stage in Asian buying and selling hours, at one factor attaining 1.0828 USD, a stage now no longer visible given that April 10. The US greenback index, which compares the greenback in opposition to a basket of six important currencies with a widespread emphasis at the euro, fell 0.11% to 104.94. Earlier, it touched a low of 104.92, its lowest in per week and a half. At the identical time, US Treasury yields fell, with the benchmark long-time period yield falling to 4.4414%, persevering with its in a single day decline of 3.five foundation points.
Long
by Chart_MasterPro
💡 EURUSD: Analysis May 13EURUSD did not change much in the weekend session, the price is still testing the upper border of the falling price channel, the bearish structure is still valid, however the continuous testing of the 1.08 area shows that buying pressure is returning, Be careful with the possibility of the price breaking the structure, you need to maintain the profit taking point for long positions above 1.08, we will abandon this strategy when the price does not break this important resistance level. .
Long
by Stone_Haven
EURUSD Wednesday PlanHere you are a simple trading plan for tomorrow. It's pretty ambitious, but maybe it can help you finding good entries. This is how i works, i make plan, and if i have triggers, i'll open trades. Momentum is good and bullish for EURUSD and looking for shorts now it's pretty useless. I am waiting a retrace in the asian session, with a range in pre London. If we will have a range there, i will open if we will grab liquidity from the down side (long squeeze) and i will open a long trade around 1.07850 targeting 1.08650. Another trade can happen at the beginning of the NY session, where (if we are already up and above actual level) we can look for new longs around 1.08250. Same target
Long
by SaliJournal
2
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.
Long
by Chart_MasterPro
EURUSD I Potential bullish rise Welcome 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
2
EUR/USD Longs from 1.07400 up towards 1.08200EU shares a similar bias with GU, as they exhibit comparable movements. Therefore, I'll be focusing on potential buying opportunities this week, particularly from either the 6hr demand zone or the one just below it. Given the presence of an equal low beneath the initial demand, it wouldn't be surprising if this level is breached to reach the subsequent demand zone. In the event that price doesn't reach these levels, I'll be monitoring for a wyckoff accumulation pattern to emerge. This would signal a buying opportunity, aiming for an upward move towards the major supply zone, mirroring GU's position. I anticipate this scenario unfolding around midweek, so we'll have to wait and see. Confluences for EU Buys are as follow: - Price has been bullish in the recent price action as you can see via the market structure. - Two 6hr demand zones in close proximity has caused a break of structure to the upside. - lots of liquidity in the form of equal highs above to target as liquidity. - Unmitigated 2day supply that price needs to go towards. - Dollar is also dropping so it makes sense with this bias. as they move opposite. P.S. If price continues its upward movement, I'll identify a new demand area for potential buy positions. Alternatively, I'll wait for price to reach the supply zone to initiate sell trades from that point. Lets catch these pips!
Long
by Hassan_fx
EURUSD Technical Analysis and Trade IdeaThe EURUSD is exhibiting a bearish sentiment on the weekly timeframe; nevertheless, there is a noticeable robust bullish trend observed on both the daily and the 4-hour timeframes. Notably, we witness a pronounced reaction at the weekly levels identified as resistance on the chart. Furthermore, we have identified a daily support level, marked as a potential target for a pullback and a prospective entry point for a long position. In the video, we thoroughly analyzed price action, market structure, the prevailing trend, and a plausible trading opportunity.
by tradingwithanthony
4
EURUSD Trading Plan - 08/May/2024Hello Traders, Hope you all are doing good!! I expect EURUSD to go Up after completing this correction. Look for your BUY setups around the marked zone. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
EUR/USD looks bearish, back to 1.06 again?Hello friends, Friday was a good opportunity to sell EURUSD as price spiked to the resistance level. From the daily chart, we can clearly see that the descending trend line resistance has stopped the price. In addition, there is bearish candlestick formation at the 100-day EMA level. A combination of these two factors plus the bearish price action indicates that EUR/USD is on its way to 1.06 level. I have already sold on Friday and I will be looking to see again if price reaches the 1.0770 level.
Short
by YourLazyTrader