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F-EUR

EURGBP to find buyers at market price?EURGBP - Intraday Preferred trade is to buy on dips. We look to buy dips. Daily signals are bullish. 20 1day EMA is at 0.8517. We look for a temporary move lower. We look to Buy at 0.8515 (stop at 0.8491) Our profit targets will be 0.8575 and 0.8590 Resistance: 0.8535 / 0.8550 / 0.8575 Support: 0.8528 / 0.8515 / 0.8500 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURAUD rallies to continue attract sellers?EURAUD - 24h expiry The medium term bias remains bearish. Rallies continue to attract sellers. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.6690. We look to Sell at 1.6690 (stop at 1.6750) Our profit targets will be 1.6540 and 1.6500 Resistance: 1.6690 / 1.6740 / 1.6810 Support: 1.6520 / 1.6450 / 1.6400 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
EUR/USD Approaches Key Supply Area Amid U.S. CPI DataThe EUR/USD is nearing a significant supply area around 1.10500, with the pair currently showing signs of being overbought. The latest Commitments of Traders (COT) report highlights that retail traders are largely bullish on the pair, adding to the potential for a correction. The focus now shifts to the upcoming release of the Consumer Price Index (CPI) data for July by the U.S. Bureau of Labor Statistics, which is likely to play a crucial role in determining the pair's next move. Market expectations suggest that on a yearly basis, the CPI will rise by 2.9%, slightly down from the 3% recorded in June. The core CPI, which excludes the most volatile items, is anticipated to increase by 3.2% annually. On a monthly basis, both the headline CPI and core CPI are expected to rise by 0.2%. Should the monthly core CPI, a key indicator that removes base effects and volatile prices, exceed expectations, it could trigger an immediate recovery in the U.S. Dollar (USD). This would likely weigh on the EUR/USD, leading to a potential downward movement from the supply zone around 1.10500. Conversely, if the core CPI underperforms, failing to meet market estimates, the pair might push higher, potentially breaching the initial supply area. If EUR/USD manages to surpass the 1.10500 level, the next significant resistance lies around 1.12000. This area could act as another barrier for the Euro, where a rebound might occur. However, the current analysis suggests that a reversal at the first supply area is more probable, especially if the USD regains strength following the CPI data release. In conclusion, the upcoming CPI figures will be pivotal in shaping the EUR/USD's trajectory. Traders should closely monitor the data, as it could either reinforce the overbought conditions and lead to a correction, or propel the pair higher if the USD weakens further. ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
3
EURO - Price can bounce up from support area to $1.1100Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined inside falling channel and fell to support level and even lower support area. After this movement, Euro turned around, entered to wedge, and made a strong upward impulse, leaving falling channel. Also, price broke $1.0810 level and later reached next support level, but soon turned around and started to fall. In a short time, EUR fell to support line of wedge, after which bounced up to $1.0990 level and broke it. Then price made retest and rose to resistance line of wedge, but recently fell to support area. Now, I think that Euro can bounce up from support area to $1.1100, exiting from wedge pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
Could EUR/CAD drop from here?The price has reacted off the pivot and could potentially fall to the 1st support. Pivot: 1.51181 1st Support: 1.50414 1st Resistance: 1.52059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish reversal?EUR/CHF is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.9549 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.96505 Why we like it: There is a pullback resistance which aligns with the 78.6% Fibonacci retracement. Take profit: 0.94270 Why we like it: There is an overlap support level which is slightly below the 23.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
1
Overlap support ahead?EUR/JPY is falling towards the support level which is an overlapa support that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 159.49 Why we like it: There is an overlap support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 157.256 Why we like it: The3re is a pullback support level which aligns with the 61.8% Fibonacci retracement. Take profit: 164.87 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
EURUSD Aggressive selling about to start.Just last week (August 05, see chart below), we stressed on the importance of the 1W candle closing following the break above the 13-month Lower Highs trend-line (top) of the Triangle pattern: The week eventually closed in losses (red 1W candle) and below the Lower Highs, which gave a bearish signal upon a technical rejection. This is a Double Higher High rejection similar to June 04, which initiated the previous Bearish Leg towards the Channel's bottom (Higher Lows). As a result, we believe that it is still early to make a sell entry and target 1.07500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Bearish reversal off the 50% Fibonacci resistance?EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0943 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.1008 Why we like it: There is a pullback resistance level. Take profit: 1.0879 Why we like it: There is an overlap support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
POTENTIAL TRADE SETUP ON EURUSDPotential Trade Setup on EURUSD Prior to the spike which was initiated by the July NFP data released. EURUSD seem to be ranging since then, however there is an opportunity for trade setup moving forward.. The price is developing, and I am waiting for either a break above the resistance and retest of that zone to take a a BUY trade, or Alternatively if the price drop further downside move, then a SELL trade is good to go. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by Adefxc
Potential bullish bounce?EUR/AUD is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 1.65058 Why we like it: There is a pullback support level. Stop loss: 1.63955 Why we like it: There is a pullback support level. Take profit: 1.67665 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
EURUSD 11/8/24This week in EUR/USD, we have liquidity placed above our highs in a bullish range. Last week, we played bearish within price action, ultimately putting in these highs to form liquidity. Based on this, we could run the liquidity coming into this week, or we may drop further into the range. We have met the 50% level of the range, so there is sufficient liquidity behind price to shift it higher. Now, of course, we have some fundamentals coming up this week, so price may shift accordingly. Overall, we are looking for price action to run the highs as we remain bullish, with fundamentals favoring dollar weakness. This leads us to believe that this scenario could play out. There is a hotspot within this liquidity, marked by our golden line, where price may react to sell back for a deeper retrace or blast through and take the high. We have a very clear area of demand at the base of our range. If we drop lower, we can look for that area to react. The main point is to follow what price is actually showing you, rather than what we want to see. Trade safe and follow your plan.
by rosshayes
EURO - Price can start to decline to $1.0830 support levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined in falling channel, where it fell to support level, after which at once bounced up. Price reached resistance line of channel, and then bounced down lower $1.0830 level, breaking it. But then Euro made a strong upward impulse, thereby breaking $1.0830 and $1.0930 levels, and exiting from falling channel. After this, EUR started to decline another one falling channel, where it soon broke $1.0930 level. Then price traded near this level, but now it trades near resistance line of falling channel. I think that Euro can bounce down from resistance line of channel and fall to $1.0830 support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
3
Can EURUSD revisit the psychological 1.1000 zone?With the expectation of rate cuts from the Fed, EURUSD might experience buying interest, at least in the near term. Watch the video for more details. FX_IDC:EURUSD EASYMARKETS:EURUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets