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Eurusdupdate

EUR/USD Shorts from 1.08600 back down.This week's forecast for EU is looking very promising for sells. I hope for price to break the current supply zone, although we might see a reaction from it before price reaches the daily supply zone above. This upper zone is a more valid level for taking sells. If Monday opens with a sweep of the Asia high and a clear CHOCH, I might consider imminent sells from the current zone, but with lower risk as the POI is not ideal. From there, I expect price to drop into a demand zone, where I can look for new buying opportunities. Confluences for EU Sells: Price is in a supply zone and showing weakness in bullish pressure. There is a daily supply zone above that holds good validity. DXY is also in a demand zone, aligning with the negative correlation. There is lots of liquidity and imbalance below, drawing price downward. P.S. If price respects a nearby demand and breaks both supply zones, it will confirm a bullish bias, and I will start looking for buys.
Short
by Hassan_fx
6
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 fxtraderanthony
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 fxtraderanthony
2
EURUSD: expected to have a downward adjustmentEURUSD: This currency pair in today's session is expected to have a downward adjustment in the context that the ECB will announce that EUR interest rates today are expected to decrease, so it is possible that EURUSD will re-examine the 1.0800 support area first. when the outlook increases again. However, observing on technical factors, the uptrend is still the dominant trend. You can consider waiting to buy with EURUSD today around the support area of ​​1.0800
Short
by Chart_MasterPro
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
💡 EURUSD: Analysis May 21EURUSD continues to accumulate in front of the 1.0900 resistance level, the price created a new bearish pin bar pattern on daily however this pattern is quite weak and not a concern. Combined with previous bullish signals, including breaking the down channel, the longer the price accumulates around this resistance level will increase the chance of breaking out above, you continue the buy-up strategy, two scenarios. The potential version is when the price corrects to 1.08xx while creating a bullish signal, or when the price clearly breaks the 1.0900 level. 💡 H1 trend: sideways Today trading idea: Buy EURUSD
Long
by Stone_Haven
💡 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