Get started

Euro vs US Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURUSD.P trade ideas

Possible Euro StrengthI’m monitoring for Euro strength against the US Dollar in the near to mid-term. Based on my data, the risk-to-reward ratio appears very favorable. I plan to start building a long position on the EURUSD pair if it falls below 1.07, only initiating the trade once this threshold is reached. If it doesn’t, I will refrain from entering. Given the strong current momentum, it’s possible the pair could move significantly lower, so I’ll begin with a small initial position. I scale into and out of my trades gradually, taking multiple smaller positions along the way.
Long
by Maddin278
1
EUR/USD Surges as U.S. Political Uncertainty Ahead of Key EventsDuring Monday’s European session, the EUR/USD currency pair is making headlines by hovering around the 1.0900 mark. With an ambitious target of 1.09780 in sight, this major currency pair is showing a notable surge at the expense of the U.S. Dollar (USD). This movement comes amid rising uncertainty as the United States approaches its presidential election on Tuesday, alongside the Federal Reserve's monetary policy meeting later in the week. A Bearish Start for the U.S. Dollar As the new week begins, the U.S. Dollar is experiencing a bearish trend, reflected in the decline of the U.S. Dollar Index (DXY). Market participants are especially focused on the tight race shaping up between former President Donald Trump and current Vice President Kamala Harris, fueling a climate of uncertainty around the election outcomes. The anticipation surrounding the elections appears to have contributed to a flight from the dollar, as traders brace for potential volatility based on the implications of the election results. Technical Analysis: No Major Changes From a technical perspective, the current market behavior reflects continuity rather than change. Price levels remain largely similar to those observed in previous weeks, suggesting a moment of stabilization as traders await catalysts that could lead to clearer directional moves. Additionally, the Commitment of Traders (COT) report indicates that the positioning of traders has not changed significantly, continuing to reflect the trends seen last week. Preparing for Election Aftermath As the market gears up for the immediate aftermath of the elections, traders should be prepared for substantial fluctuations. The uncertainty regarding the election outcomes and the potential shifts in U.S. monetary policy are poised to create considerable movement across various asset classes. Depending on who emerges victorious, expectations for fiscal strategies, regulatory changes, and economic recovery plans may influence market sentiment and asset performance for weeks to come. Conclusion In conclusion, the EUR/USD's rise toward the 1.09780 target reflects broader market dynamics influenced by political uncertainty in the United States. As participants navigate this complex landscape, the interplay between election outcomes and central bank policies will be crucial to the future trajectory of the currency pair. Traders are advised to remain vigilant, as upcoming events could lead to significant volatility, reshaping market expectations and price actions in the process. Previous Forecast: ✅ 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.
Long
by FOREXN1
1
EURUSD_108 2024.11.04 06:07:08 Trading Signal SELLFrankPro Signal for EURUSD_108 Type: Screen Signal: SELL TP: 1.08618 SL: 1.09058 Entry Price: 1.09003 Analysis for EURUSD Forecast Overall(Short-Term, Long-Term): ST= Probably Down LT= Probably Down Forecast Methods(Short-Term, Long-Term): ST=Same LT=Down ST=Down LT=Up ST=Down LT=Down Analysis Method(0) Based on the provided analysis, here is my assessment of the EUR/USD pair's expected price movement: **Short-term (next few days):** * The pair is expected to attempt to continue its decline, testing the support area near 1.0825. * However, oversold conditions and the narrowing yield gap may lead to an upward price rebound. * A breakout above the resistance level of 1.0905 would confirm the growth option, while a drop below 1.0745 would indicate a continuation of the decline. * Given the mixed signals, I would say that the price is likely to **stay the same** or experience a **slight decline** in the short-term, with a possible rebound later. **Long-term (next few weeks/months):** * The Elliott Wave Analysis suggests that the EUR/USD trend is down on the daily chart, with resistance at 1.11275. * A decisive bullish breakout above 1.11275 would suggest the end of the downtrend. * However, the poor performance of European equities and weaker-than-anticipated earnings in Europe may continue to undermine the market mood, supporting the US Dollar. * Considering the long-term downtrend and the potential for a bearish wave C zigzag pattern, I would say that the price is expected to **go down** in the long-term, with a possible target below 1.0745. Please note that these assessments are based on the provided analysis and are subject to change as new information becomes available. Result: ST=Same LT=Down Analysis Method(1) Based on the provided analysis, here is my assessment of the EUR/USD pair's expected price movement: **Short-term (next few days/week):** * The pair is expected to attempt to continue its decline, testing the support area near 1.0825. * A potential upward price rebound and continued growth towards the area above 1.0995 is possible. * The technical analysis suggests a bearish trend, but a corrective advance is possible. * The Momentum indicator is heading south near oversold readings, which could indicate a potential upward correction. **Expected price movement:** Down (testing support near 1.0825) followed by a potential Upward correction. **Long-term (remainder of 2024 and beyond):** * Most analysts expect the EUR/USD exchange rate to appreciate, reaching fresh yearly highs. * The long-term trend is upward, with targets around the 2023 high of 1.1275 and potentially extending to 1.1495. * The Elliott Wave Analysis suggests a potential bullish breakout above 1.1275, which would indicate the end of the downtrend. **Expected price movement:** Up, with a potential target of 1.1275 and beyond. Please note that these assessments are based on the provided analysis and are subject to change as new data and events become available. Result: ST=Down LT=Up Analysis Method(2) Based on the provided data, I will analyze the EUR/USD exchange rate and provide a short-term and long-term outlook. **Short-term Analysis (November 2024)** * The forecast for November 2024 suggests a slight decrease in the EUR/USD exchange rate, with an expected average of 1.085 and a forecasted end-of-month rate of 1.083, representing a -1.1% change. * The technical analysis using Elliott Wave Theory indicates a downtrend on the daily chart, but an uptrend on the one-hour chart. * The resistance level at 1.11275 and support level at 1.0768 are crucial levels to watch. **Short-term Outlook:** Based on the analysis, the EUR/USD exchange rate is expected to **stay the same** or experience a slight decrease in the short term, with a possible range-bound movement between the resistance and support levels. **Long-term Analysis (Quarterly and 12-month outlook)** * The EUR/USD is expected to trade at 1.07 by the end of this quarter, representing a decrease from the current level. * In 12 months, the exchange rate is expected to be at 1.05, indicating a further decline. **Long-term Outlook:** Based on the analysis, the EUR/USD exchange rate is expected to **go down** in the long term, with a possible decline of around 3-4% from the current level over the next quarter and a further decline of around 5-6% over the next 12 months. Please note that these outlooks are based on the provided data and analysis, and market conditions can change rapidly. It's essential to stay up-to-date with the latest news and analysis to make informed trading decisions. Result: ST=Down LT=Down
Short
by frankiepro
EURUSD_108 2024.11.04 05:39:07 Trading Signal SELLFrankPro Signal for EURUSD_108 Type: Screen Signal: SELL TP: 1.08586 SL: 1.0901 Entry Price: 1.08957 Analysis for EURUSD Forecast Overall(Short-Term, Long-Term): ST= Probably Down LT= Probably Down Forecast Methods(Short-Term, Long-Term): ST=Same LT=Down ST=Down LT=Up ST=Down LT=Down Analysis Method(0) Based on the provided analysis, here is my assessment of the EUR/USD pair's expected price movement: **Short-term (next few days):** * The pair is expected to attempt to continue its decline, testing the support area near 1.0825. * However, oversold conditions and the narrowing yield gap may lead to an upward price rebound. * A breakout above the resistance level of 1.0905 would confirm the growth option, while a drop below 1.0745 would indicate a continuation of the decline. * Given the mixed signals, I would say that the price is likely to **stay the same** or experience a **slight decline** in the short-term, with a possible rebound later. **Long-term (next few weeks/months):** * The Elliott Wave Analysis suggests that the EUR/USD trend is down on the daily chart, with resistance at 1.11275. * A decisive bullish breakout above 1.11275 would suggest the end of the downtrend. * However, the poor performance of European equities and weaker-than-anticipated earnings in Europe may continue to undermine the market mood, supporting the US Dollar. * Considering the long-term downtrend and the potential for a bearish wave C zigzag pattern, I would say that the price is expected to **go down** in the long-term, with a possible target below 1.0745. Please note that these assessments are based on the provided analysis and are subject to change as new information becomes available. Result: ST=Same LT=Down Analysis Method(1) Based on the provided analysis, here is my assessment of the EUR/USD pair's expected price movement: **Short-term (next few days/week):** * The pair is expected to attempt to continue its decline, testing the support area near 1.0825. * A potential upward price rebound and continued growth towards the area above 1.0995 is possible. * The technical analysis suggests a bearish trend, but a corrective advance is possible. * The Momentum indicator is heading south near oversold readings, which could indicate a potential upward correction. **Expected price movement:** Down (testing support near 1.0825) followed by a potential Upward correction. **Long-term (remainder of 2024 and beyond):** * Most analysts expect the EUR/USD exchange rate to appreciate, reaching fresh yearly highs. * The long-term trend is upward, with targets around the 2023 high of 1.1275 and potentially extending to 1.1495. * The Elliott Wave Analysis suggests a potential bullish breakout above 1.1275, which would indicate the end of the downtrend. **Expected price movement:** Up, with a potential target of 1.1275 and beyond. Please note that these assessments are based on the provided analysis and are subject to change as new data and events become available. Result: ST=Down LT=Up Analysis Method(2) Based on the provided data, I will analyze the EUR/USD exchange rate and provide a short-term and long-term outlook. **Short-term Analysis (November 2024)** * The forecast for November 2024 suggests a slight decrease in the EUR/USD exchange rate, with an expected average of 1.085 and a forecasted end-of-month rate of 1.083, representing a -1.1% change. * The technical analysis using Elliott Wave Theory indicates a downtrend on the daily chart, but an uptrend on the one-hour chart. * The resistance level at 1.11275 and support level at 1.0768 are crucial levels to watch. **Short-term Outlook:** Based on the analysis, the EUR/USD exchange rate is expected to **stay the same** or experience a slight decrease in the short term, with a possible range-bound movement between the resistance and support levels. **Long-term Analysis (Quarterly and 12-month outlook)** * The EUR/USD is expected to trade at 1.07 by the end of this quarter, representing a decrease from the current level. * In 12 months, the exchange rate is expected to be at 1.05, indicating a further decline. **Long-term Outlook:** Based on the analysis, the EUR/USD exchange rate is expected to **go down** in the long term, with a possible decline of around 3-4% from the current level over the next quarter and a further decline of around 5-6% over the next 12 months. Please note that these outlooks are based on the provided data and analysis, and market conditions can change rapidly. It's essential to stay up-to-date with the latest news and analysis to make informed trading decisions. Result: ST=Down LT=Down
Short
by frankiepro
EURUSD_116 2024.11.04 02:28:05 Trading Signal SELLFrankPro Signal for EURUSD_116 Type: Screen Signal: SELL TP: 1.08402 SL: 1.08954 Entry Price: 1.08885 Analysis for EURUSD Forecast Overall(Short-Term, Long-Term): ST= Probably Down LT= Probably Down Forecast Methods(Short-Term, Long-Term): ST=Same LT=Down ST=Down LT=Up ST=Down LT=Down Analysis Method(0) Based on the provided analysis, here is my assessment of the EUR/USD pair's expected price movement: **Short-term (next few days):** * The pair is expected to attempt to continue its decline, testing the support area near 1.0825. * However, oversold conditions and the narrowing yield gap may lead to an upward price rebound. * A breakout above the resistance level of 1.0905 would confirm the growth option, while a drop below 1.0745 would indicate a continuation of the decline. * Given the mixed signals, I would say that the price is likely to **stay the same** or experience a **slight decline** in the short-term, with a possible rebound later. **Long-term (next few weeks/months):** * The Elliott Wave Analysis suggests that the EUR/USD trend is down on the daily chart, with resistance at 1.11275. * A decisive bullish breakout above 1.11275 would suggest the end of the downtrend. * However, the poor performance of European equities and weaker-than-anticipated earnings in Europe may continue to undermine the market mood, supporting the US Dollar. * Considering the long-term downtrend and the potential for a bearish wave C zigzag pattern, I would say that the price is expected to **go down** in the long-term, with a possible target below 1.0745. Please note that these assessments are based on the provided analysis and are subject to change as new information becomes available. Result: ST=Same LT=Down Analysis Method(1) Based on the provided analysis, here is my assessment of the EUR/USD pair's expected price movement: **Short-term (next few days/week):** * The pair is expected to attempt to continue its decline, testing the support area near 1.0825. * A potential upward price rebound and continued growth towards the area above 1.0995 is possible. * The technical analysis suggests a bearish trend, but a corrective advance is possible. * The Momentum indicator is heading south near oversold readings, which could indicate a potential upward correction. **Expected price movement:** Down (testing support near 1.0825) followed by a potential Upward correction. **Long-term (remainder of 2024 and beyond):** * Most analysts expect the EUR/USD exchange rate to appreciate, reaching fresh yearly highs. * The long-term trend is upward, with targets around the 2023 high of 1.1275 and potentially extending to 1.1495. * The Elliott Wave Analysis suggests a potential bullish breakout above 1.1275, which would indicate the end of the downtrend. **Expected price movement:** Up, with a potential target of 1.1275 and beyond. Please note that these assessments are based on the provided analysis and are subject to change as new data and events become available. Result: ST=Down LT=Up Analysis Method(2) Based on the provided data, I will analyze the EUR/USD exchange rate and provide a short-term and long-term outlook. **Short-term Analysis (November 2024)** * The forecast for November 2024 suggests a slight decrease in the EUR/USD exchange rate, with an expected average of 1.085 and a forecasted end-of-month rate of 1.083, representing a -1.1% change. * The technical analysis using Elliott Wave Theory indicates a downtrend on the daily chart, but an uptrend on the one-hour chart. * The resistance level at 1.11275 and support level at 1.0768 are crucial levels to watch. **Short-term Outlook:** Based on the analysis, the EUR/USD exchange rate is expected to **stay the same** or experience a slight decrease in the short term, with a possible range-bound movement between the resistance and support levels. **Long-term Analysis (Quarterly and 12-month outlook)** * The EUR/USD is expected to trade at 1.07 by the end of this quarter, representing a decrease from the current level. * In 12 months, the exchange rate is expected to be at 1.05, indicating a further decline. **Long-term Outlook:** Based on the analysis, the EUR/USD exchange rate is expected to **go down** in the long term, with a possible decline of around 3-4% from the current level over the next quarter and a further decline of around 5-6% over the next 12 months. Please note that these outlooks are based on the provided data and analysis, and market conditions can change rapidly. It's essential to stay up-to-date with the latest news and analysis to make informed trading decisions. Result: ST=Down LT=Down
Short
by frankiepro
fib at 1.1034fibonnaci at 1.1034, it is my 1st target and first real ressistance, appart of not beeing there the price for long in my pov, but dxy has a resistance on the 16th of august at that level wht can invade the long posistion making a bigger resistance, but imo it will might go to 1.12 to 1.14 but only the markets can say, and be careful on election day. keep ur trading safe, do your own analysis, you can take value in others persons analysis but do ur own, and keep ur risk safe, take care at elections day, it can change everything,.
Long
by Carlosdrcunha
EUR Strong until Q1 next yearI believe we have more reason to go Strong EUR! Price has been switching to Strong EUR since 10/03/2023. We are currently forming a triangle on the daily meaning we are going to have a weekly and monthly move ahead with a lot of power! ** This is my view, what are some of yours?** For new traders: Never assume a country will be bankrupt off a single currency exchange ... Us can get weaker and still be force. The nation carries the currency not the other way!
Long
by ThePipAssassin
Strong EUR? - A EUR/USD AnalysisEUR/USD has displayed bullish characteristics over the last couple of weeks. - We have reach a high in the market @ 1.095. - This high was made after a bullish A,B,C,D pattern aka (Trend). - In bullish markets, prices tend to find support at the previous high, the previous high in this market (To me) is @ 1.085. - We currently have made a bullish pin bar rejection candle on 3/19/2024. - Currently we have untapped orders at 1.098, this is where I believe prices want to go in the next month. - Breaking the 1.098 level, could lead to a bigger move up toward 1.11. ** as always, trade smart, trade responsible, and manage the risk as much as the reward **
Long
by ThePipAssassin
2
EUR/USD Analysis 08/09/2024 1HEUR/USD in a nice consolidation on the 1H and 15min. Analysis 15min: This period is in a nice strong bullish channel, I love the price action, 6 nice tags showing signs of break out, key thing to watch is the next couple of hours. How will we react around the trendlines? We will not get to many more tags of this channel. Bullish flags are signs of a bearish trend reversal and or continuation of the current trend, at least to me.. Analysis 1H: This period is basically the same, but the price action is vastly different. A hold below 1.0920 would mean a break in market structure and that could lead to a retest of the range support on the 1H at 1.0892. However, I exact things to move up for a retest, keep in mind the market is bullish. A break above the channel. Hold. Retest. We are gone. Personal bias: Short, short term.
Short
by ThePipAssassin
1
EUR/USD: PAT + VPA 09/18/2024My life's work as a trader is not be like the 99%, I want to be like the 1%. The market is showing stability, with a 4-hour period range highlighted by the Red Range Lines. This is a positive indication, as the recent drop did not occur on high volume by the Market Makers. Market Makers intervened at 1.11376 (1.11400) before the news hinted at a price decrease. Despite this, they refrained from further pushing the price down. The market swiftly hit the range low of the 4H on low volume. Retail investors flooded the markets with sell orders, resulting in an influx of EUROs to the Market Makers, who now possess a substantial supply of EUROs. I expect 1.10729 (1.107) to act as a support/demand area for the EUROS where "Market Makers" are looking to buy at wholesale value. Following a High, Low, HH pattern, buyers are sought at the HL level with a clear reason behind it. The market makers anticipated a surge in the EURO due to news, leading them to sell aggressively. Considering the unfavorable news for the dollar on 9/18/2024, the dollar's strength is expected to be limited. This can be seen as the market makers strategically shaking the Olive tree!
Long
by ThePipAssassin
1