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Euusd

EURUSD Analysis: Reversal Signs From Rising ChannelOn the 1-hour chart of EURUSD, the price is trading within an ascending channel, with clear resistance and support levels formed by trend lines. Currently, the pair is hovering around the $1.0890 area, close to the upper resistance line of the channel. The continuous increase has pushed EURUSD close to this resistance level, however, there is a high probability of a correction when the price approaches the upper zone of the channel. Prediction Scenario: If EURUSD encounters strong selling pressure at the upper resistance level, the price may correct to the support area around $1.0800. What do you think about this scenario?
Short
by AmbaniFX
EUR/USD Long Position: Breakout from Daily Open & 4H Deviation EUR/USD Long Position Strategy: Breakout from Daily Open & 4H Candle Deviation Trading Plan: 1. Identify Key Levels: - Daily Open (D OPEN): 1.10739 – This level serves as a critical point for potential breakout. - 4-Hour High (P4HH): 1.10833 – Represents the recent 4-hour high. - 4-Hour Low (P4HL): 1.10717 – Marks the recent 4-hour low, crucial for setting a stop-loss. 2. Breakout Confirmation: - Look for a strong bullish candle that closes above the D OPEN level at 1.10739 on the 1-hour chart. - For additional confirmation, observe if the 4-hour candle also closes above the daily open. This will indicate a stronger trend continuation. 3. Entry: - Enter a long position upon a confirmed close above the daily open level (1.10739) with increased volume and momentum. 4. Stop-Loss: - Set the stop-loss slightly below the recent swing low to minimize risk, ideally just below the "P4HL" at 1.10717. 5. Take-Profit Targets: First Target: 1.10833 (4-hour high level, "P4HH") – If price reaches this level, consider taking partial profits. - Extended Targets: If the bullish momentum continues, look for higher targets around 1.10900 and beyond. 6. Risk Management: - Risk-to-reward ratio should be favorable, ideally 1:3 or higher. Adjust stop-loss and targets as needed based on real-time price action. Technical Rationale The daily open level often acts as a significant pivot, where price action can either reverse or continue its trend. By combining this with the deviation of 4-hour candles, this strategy aims to capture early signals of bullish momentum and ride the breakout for potential gains. --- Always adhere to your trading plan and risk management rules. Good luck!
Long
by TAMIone
EUR: A Pillar of Economic Unity in EuropeThe Euro (EUR) stands as a symbol of economic integration and stability within the European Union (EU). Since its introduction in 1999, the Euro has played a vital role in fostering cooperation and growth among member states. At its core, the Euro represents a shared commitment to unity and prosperity among EU nations. By adopting a common currency, countries in the Eurozone have eliminated currency exchange costs and uncertainties, promoting seamless trade and investment. Moreover, the Euro serves as a symbol of Europe's resilience and determination to overcome historical divisions. Its stability and credibility have bolstered confidence in European markets, attracting investment and promoting economic stability. Despite occasional challenges such as economic fluctuations and sovereign debt crises, the Euro has proven resilient. Supported by the European Central Bank's (ECB) commitment to stability, the Euro continues to play a crucial role in shaping the region's economic landscape. In addition to its economic significance, the Euro has become one of the world's leading reserve currencies, influencing global trade and investment. Its role extends beyond the Eurozone, enhancing Europe's influence on the global stage. Looking ahead, the Euro remains integral to Europe's future, guiding the continent towards continued prosperity and cooperation. Its role as a symbol of economic unity and stability underscores its importance in an increasingly interconnected world.
by CaterinaGoldTrading
Short Video Conclusion On EUR's Retracement ☄️Short Video Conclusion On EUR's Retracement Video Content: Dear Viewers, it was one of my first EURUSD video analytics. On TradingView, you can see a verified timestamp of 01 December. You might also remember the original video when I shared the signal. I'm happy to announce the idea completed its Target Price. Your profit is the difference between these two levels. It's about two and seven percent. With a $100k investment, the trade returned $2700. The price has been consistently following the expected trajectory. So, we can't talk about about any significant drawdown. I thank you for your attention, and congratulations if you share a similarly profitable vision. Market Devlelopment: I still have a bearish vision on EURUSD. I expect yield seeking on USD can pressure the EUR price as down as $1.067. I believe that trendlines in the video are still valid. I wouldn't open a short here, but I'll keep the short I already have extended with a trail profit, which was my stop loss I moved down as the price smoothly followed the expected trajectory. I consider it as a take profit because the trail profit will close the position any moment. However, I can't tell the exact price yet because the bearish outlook persists. It's either +2.7% or more. Beyond Video: It is not an investment advice. Do your research. Do not trade if you do not understand. - Ely
Short
by Elysian_Mind
EURUSD 4H : above 1.0625 it will be uptrendEURUSD New forecast The EUR/USD pair begins today's trading with additional positivity, breaching the 1.0625 resistance and trying to hold above it, providing signs of the start of an upward correction for the entire decline that was measured from 1.1275 to 1.0448, paving the way for achieving positive goals that begin with crossing 1.0655 to rush towards 1.0690 as the next main station. Therefore, an upward bias will be expected for today, keeping in mind that breaking the levels of 1.0612 and then 1.0588 will stop the proposed rise and put pressure on the price to return to the main bearish path again , so the main condition for continue at the bullish trend is stability above 1.0625 and other wise under 1.0612 it will be cancel . The expect range trading for today it will be between the resistance line 1.0625 and support line 1.0550. Additionally ,Today News will affect the market . support line : 1.0612 , 1.0588 resistance line : 1.0625 , 1.0655 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Long
by Arazmajeed
8
EURUSDThis situation has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions. if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️️
Short
by HamidRamezani1992
EURUSD trade idea with respect to MAJOR BEARISH trend lineCongrats on our massive previous sell more than 1000pips+ acheived in description below. So now EurUsd seen tested bottom trend-line after seeing our Reversal candles and reverse religiously back to the top trend-line,. So with all due respect to the major bearish trend-line. I think at this crucial breakouts or reversal we could be in for a good sell. However if broken we go up to 1.14000 parameters otherwise down to 1.09000 Please Like and share your ideas on this particular pair too. Also always apply proper risk managements thanks!
Long
by NAS-KING