Eurusdupdate
EUR/USD Longs from daily level of demand 1.10000My analysis for this week aligns well with both DXY and GBP/USD, as the dollar is approaching a major supply level. When the price reaches that supply zone, I expect EUR/USD (EU) to mitigate its daily supply, potentially forming a Wyckoff accumulation pattern. Once this pattern is completed, I plan to look for buying opportunities, potentially holding positions at an intraday level.
If the price retraces upward before mitigating the demand, I will consider selling from the supply zones I've marked, which are near the current price. Specifically, I will watch the 7-hour and 10-hour supply zones for potential short-term sell setups.
Confluences for EU buy opportunities include:
- The higher time frame trend is bullish, with a recent break of structure to the upside.
- A daily demand zone has been established, which also caused a break of structure to the upside.
- There is significant liquidity to the upside, including untouched Asian session highs.
- This trade setup aligns with the higher time frame trend, making it a pro-trend trade idea.
P.S. As it is NFP week, be cautious of increased volatility due to economic news later in the week. Stay vigilant and TRADE SAFELY!
EUR/USD +50 Pips 0 Drawdown , New Entry Valid For Who Missed It This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/USD Made H&S Reversal Pattern , Time To Sell It ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#EURUSD: Another 300-400 Pips Achievable? Dear Traders,
We have an excellent buying opportunity, entry at the current price region can give you another 300- 400 pips from current price area. We already have entry when price had reached to the 'discounted price zone' where price rejected many times creating multiples strong wick rejections. That gave us indication price will be moving towards our target.
Good Luck
#EURUSD: Swing Buy 400+ Pips, Buying Opportunity! FX:EURUSD
Price fell to our discounted buying zone, now we expect price to bounce from the our zone. Still we are awaiting a strong buying volume to kick in the market which will help us targeting our take profit zone. Please use accurate risk management and we wish you all the best. Good Luck.
Team Setupsfx_
#EURUSD: 400+ Pips Buying Opportunity! Do not miss outFX:EURUSD
Price is approaching our buying zone, from where we can expect a strong price rebound. Also, we have very important news coming up this week, NFP may have significant impact on the future of this pair. However, as we had mentioned previously that we cannot predict the news, we can only see the chart and analysis what is in front of us. Always, do not rely on economic news as none of us can predict. Instead, focus on our area of buying, if price do come to the region then wait for the rejection and with the confirmation you can take a swing entry.
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Team Setupsfx_
#EURUSD: 500+ pips buying opportunity | Ready Before NFP?Dear Traders,
Hope you are doing excellent, we have a solid swing buying, we have nfp coming up next week this will be decider for EURUSD future price movement. However, there is also a possinlity that price can do the early mitigation which will not be ideal for as we currently expecting price to drop a bit more before it bounce.
good luck
EUR/USD Broke D Res , Best Place To Buy & Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/USD Trade Setup 1-Hour TimeframeLast week, we anticipated EUR/USD would reach the major supply zone, but instead, the price formed a new, minor supply zone. This was followed by a doji and a close below candlestick pattern, providing a solid confirmation from the minor supply level.
The trade was executed based on this candlestick confirmation at that level.
Now, we wait.
Remember, once you have full confirmation on a trade, don’t overthink execute the trade and stay patient.
EUR/USD Longs from 1.08200 back up This idea aligns with my other pairs. After mitigating a daily imbalance, price is showing clear rejection and heading down to fill the imbalance left from last week's NFP news event.
If price reaches the extreme demand level on the 17-hour timeframe, I'll wait for a Wyckoff accumulation to buy back up. Meanwhile, I’m watching for a new supply zone to sell from or considering imminent sells as price is currently in a 4-hour supply zone.
Confluences for EU Sells:
Price broke structure to the upside on the higher timeframe.
Significant liquidity and imbalances remain to the upside.
A clean 17-hour demand zone triggered this bullish move.
Large imbalance above the demand zone that needs filling.
P.S. If price moves higher and surpasses the last swing high, I'll look to the deep supply on the 22-hour timeframe as the next drop-off point.
Eurusd EUR/USD retreats toward 1.0900 after US data
EUR/USD struggles to preserve its recovery momentum and declines toward 1.0900 in the second half of the day on Thursday. Better-than-expected weekly Initial Jobless Claims data from the US supports the USD, causing the pair to stretch lower.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.The EUR/USD pair fell following the release of US employment-related data and pierces the 1.0900 mark. The daily chart shows it’s down for a third consecutive day and that technical indicators turned south, in line with the increased selling pressure. At the same time, the pair trades above all its moving averages, although the 20 Simple Moving Average (SMA) has lost its upward strength and turned flat at around 1.0870. The case for a steeper decline seems limited, albeit a break through 1.0890, the immediate support level, could exacerbate the decline.
In the near term, and according to the 4-hour chart, the risk skews to the downside. EUR/USD retreated sharply after repeatedly meeting sellers around a flat 20 SMA, somehow suggesting buyers capitulate. Technical indicators, in the meantime, head firmly south within negative levels, supporting another leg lower.
Support levels: 1.0890 1.0845 1.0800
Resistance levels: 1.0950 1.1005 1.1045
EUR/USD Trade Update on the Daily TimeframeEUR/USD has been pushing bullish and has reached a resistance level at 1.10100. We did not get a retest of the descending channel as predicted.
We will now be looking to sell from the resistance level if we can find solid trend reversal patterns and candlestick confirmations on the lower timeframes.
EUR/USD Trade Setup on 4-Hour TimeframeEUR/USD has formed a descending channel on the 4-hour timeframe, characterized by lower lows and lower highs following a strong breakout.
currently waiting for a retest of the broken lower high structure level, which is also aligning with the Fibonacci retracement level.
Once price has reached this level we will scale down to the lower timeframe of 30 mins to find our entry based on candlesticks patterns