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Euro / U.S. Dollar

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EURUSD trade ideas

EURUSD Sellers In Panic! BUY! My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0499 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0519 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Euro rises as dollar weakensEUR/USD could rise to the resistance of the second descending channel ceiling at $1.0541, provided the important support range in the 1.0474-1.0485 range holds. Meanwhile, recent fundamental factors have contributed to the weakening of the US dollar, which could influence the continuation of the pair's trajectory. The US dollar has weakened in recent weeks for the following reasons: 1- Expectations of slowing down the pace of interest rate increases: The Federal Reserve has signaled a slowdown in interest rate hikes, which has made the dollar less attractive to investors. 2- Weakness of economic indicators: Some recent economic reports, including slowing industrial production growth and declining consumer confidence, have fueled the dollar's weakness. With the US dollar weakening due to fundamental factors and holding key support in the 1.0474-1.0485 range, EUR/USD is likely to face increased demand. If the resistance at 1.0541 is broken, the pair could take a further upward path. Traders should pay close attention to upcoming economic data and the Federal Reserve's decisions.
Long
by arongroups
Forecasting the EUR/USDForecasting the EUR/USD exchange rate is a complex endeavor influenced by numerous factors. Here's a breakdown of key considerations: Factors Influencing EUR/USD: Economic Data: Eurozone: GDP growth, inflation, unemployment, interest rate decisions by the European Central Bank (ECB) United States: GDP growth, inflation, unemployment, interest rate decisions by the Federal Reserve (Fed) Monetary Policy: Interest rate differentials between the ECB and the Fed significantly impact currency values. Political Events: Geopolitical risks, elections, and political instability in either the Eurozone or the US can cause market volatility. Global Risk Appetite: Investor sentiment towards risk assets (like stocks) can influence currency flows. Commodity Prices: Changes in the price of oil and other commodities can impact the Eurozone and the US differently, affecting their respective currencies. Current Market Sentiment: As of December 2024: Short-term: Some analysts predict a potential upward trajectory for EUR/USD in the near term, with targets around 1.0953 to 1.0937 by September. However, volatility is expected to increase. Medium-term: Forecasts suggest a potential range for EUR/USD in 2025 between 1.03 and 1.14. Disclaimer: Forecasts are not guarantees: Currency markets are highly volatile and unpredictable. This information is for general knowledge and does not constitute financial advice. Where to Find More Information: Financial News Websites: Reliable sources like Reuters, Bloomberg, and Yahoo Finance provide real-time market data, news, and analyst commentary. Brokerage Platforms: Many online brokers offer tools like economic calendars and market analysis to help traders make informed decisions. Key Considerations for Traders: Fundamental Analysis: Understand the economic and political factors driving currency movements. Technical Analysis: Use charts and technical indicators to identify trends and potential trading opportunities. Risk Management: Implement stop-loss orders and position sizing strategies to limit potential losses. I recommend conducting thorough research and consulting with a qualified financial advisor before making any investment decisions.
by ITManager_US
EURUSD Trading Idea EUR/USD dipped 0.2% on Tuesday, marking its third straight decline as it approaches the key 1.0500 level. The Euro’s recent bullish momentum is fading, with traders shifting to a cautious stance ahead of two major events: US CPI Data (Wednesday): A pivotal release ahead of the Fed's final 2024 meeting. Inflation is expected to tick up to 2.7% YoY (from 2.6%), with core CPI holding steady at 3.3%. Any signs of stalled progress could dash hopes for a third consecutive rate cut on December 18, fueling USD volatility. ECB Rate Decision (Thursday): The ECB is widely anticipated to deliver another quarter-point rate cut. Forecasts suggest the Main Refinancing Operations Rate will be trimmed to 3.15% (from 3.4%), and the Deposit Facility Rate is expected to drop to 3.0% (from 3.25%). EUR/USD Technical Analysis: Entry Opportunity with SMC and Fibonacci Using Smart Money Concepts (SMC) and Fibonacci retracement, the key zone between the 0.71 and 0.79 Fibonacci levels is shaping up as a critical area of interest. Following the creation of a fair value gap at the last high, the price is now testing the 50% Fibonacci level, setting the stage for a potential trade setup. Trade Setup: Entry Point: 1.05520 (aligned with the 0.75 Fibonacci level) Stop Loss: 1.05697 (just above the 0.79 Fibonacci level for added risk protection) Take Profit: 1.04990 (targeting below the fair value gap for optimal risk-to-reward) Risk/Reward Insights: This setup offers a Risk/Reward Ratio of 2.98. By risking 17.7 pips to gain 53 pips, you're maximizing reward relative to risk. Disclaimer: Trading carries significant risks, and it’s essential to practice strict risk management. Always trade with a clear plan, use stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—ensure you understand the risks before making any decisions. Follow for more trading ideas, strategies, and insights to level up your trading game!
Short
by InwardTrader
EURUSD Will be in bearish directionHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
+140 pips The Best Level to BUY/HOLD EURUSD swing trade🔸Hello traders, let's review the 1hour chart for EURUSD today. Overall, strong price chart with sequence of higher lows in progress. 🔸Clearly defined set of overhead resistances and supports below market price with liquidity distributed equally among buy side and sell side order blocks. 🔸Primary pattern / structure is 3 drives in progress, expecting a final pullback to trigger OB liquidity at/near 0510/0520 before bullish reaction and final push (3rd drive). 🔸Recommended strategy for EURUSD traders:no trade recommended at current price, however bulls should enter BUY/HOLD at/near 0510/0520 SL 30 pips TP1 +70 TP2 +140 final exit at 0640. Bears should wait for further updates and get ready to short from sell side order blocks near 0640/0660 S/R zone. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
9
Euro-dollar struggles to find directionTraders have mostly discounted the latest single cut by the European Central Bank (‘the ECB’) since that was widely expected and the comments in the subsequent press conference didn’t give any significant new information. Inflation has also risen in the eurozone in the last two months but hasn’t reached as high as in the USA. The difference in rates between the ECB and the Fed is likely to remain at least 1% for the foreseeable future. After a bounce at the end of November following the failed test of $1.04, euro-dollar hasn’t shown ongoing momentum upward. It might now fall into a sideways trend with a range between around $1.04 and $1.06. Most indicators are close to neutral in the shorter term but the main downtrend active in October and November could reassert itself depending on the reaction to the Fed’s meeting and, to a lesser extent, PCE and GDP.
by Exness_Official
EURUSD - HEADING NORTH ON RECOVERYTeam, last 2-3 days, we have been successfully doing well on the EURUSD, long position Yesterday was a roller-coaster day; we got 3 times rewards. all target hit Today, we are entry-long at Time to go long Eurusd at 1.04700-30 - STOP LOSS at 104385 Target 1 - 1.04800-30 Target 2 - 1.04950-65 Target 3 - 1.05115-45 Once it hits the first target, take some partial and bring stop loss to BE Note: There will be a sideways effect for EURUSD before it goes up! Three times it has been fast up and down. When I enter the office, I will draw a chart of what we expect from them.
Long
by ActiveTraderRoom
#EURUSD 1HEURUSD 1-Hour Analysis The EURUSD pair is trading within a downtrend channel on the 1-hour chart and is approaching a key support area near the lower boundary of the channel. This support zone presents a potential buy opportunity as it may act as a reversal point for a short-term bullish move. Technical Outlook: Pattern: Downtrend Channel and Support Forecast: Bullish (Buy Opportunity) Entry Strategy: Consider entering a buy position near the channel's support line, confirming with bullish price action signals such as a bullish engulfing candlestick or a bounce from the support level. Traders should ensure proper risk management by placing stop-loss orders below the support level to account for potential breakdowns. Profit targets can be set at the midline or upper boundary of the channel for optimal returns.
Long
by PIPSFIGHTER
EURUSD: UT Retracement AnalysisPROBABLE UPTREND RETRACEMENT ON THE HORIZON NOTE: Below is the "Related Publication" of the analysis on the EURUSD (12) Technical Analysis The EURUSD pair exhibits distinct price action characteristics across multiple timeframes. A focused analysis of recent trends and technical indicators reveals key levels and potential movements: Trend Assessment On the 5-day (5D) and 8-hour (8H) timeframes, price action reflects a downtrend. The Mid-Pivot (MP) at 1.04059 has been reached, signaling potential consolidation. Key Levels Pivot High @ 1.12757 Resistance @ 1.1159, major Resistance @ 1.1069, minor Resistance @ 1.0975, minor Resistance @ 1.0806, minor Resistance @ 1.0710, minor Support I @ 0.9750, major Support II @ 0.9595, major Pivot Low @ 0.9536 Supply and Demand Zones Supply Zone: 1.10832 to 1.12142 Demand Zone: 0.9730 to 0.9976 Seasonality Impact Historically, the last quarter signals increased economic activity. This seasonal influence suggests a likely reversal to an uptrend from Mid-Pivot. A move towards the Supply Zone at 1.10832-1.12142 is plausible. Technical Indicators Summary Oscillators: Relative Strength Index (RSI) and other momentum indicators show neutral biases with specific buy signals (CCI at −126.46, Momentum at −0.05033). Moving Averages: Exponential and Simple Moving Averages (EMAs and SMAs) across all periods indicate bearish signals. Trading Strategy Suggestions High-Risk Traders: Can cautiously trade the expected uptrend from MP to the Supply Zone. Conservative Traders: Should implement creative risk management techniques to handle potential retracements until the downtrend resumes. FUNDAMENTAL ANALYSIS The fundamental backdrop provides critical insights into EURUSD's prospective movements Economic Seasonality: The last quarter typically showcases enhanced liquidity and economic vibrancy, aligning with historical data supporting a shift to bullish activity. Macroeconomic Factors: The EUR's recovery prospects may be influenced by the European Central Bank's (ECB) monetary policies, upcoming inflation data, and trade flows between the EU and the US. On the USD side, Federal Reserve policies and economic indicators (e.g., Non-Farm Payrolls, CPI) will impact the pair's trajectory. Geopolitical Considerations: Trade tensions, energy crises in Europe, and interest rate differentials remain pivotal. A dovish stance by the Fed or ECB's economic stimulus can amplify EUR strength. ACTIONABLE TAKEAWAYS Major Uptrend Retracement: The confluence of technical and fundamental factors supports the probability of a major uptrend retracement. Swing traders should closely monitor resistance levels and oscillators for confirmation of bullish momentum. Risk Management: Utilize adaptive stop-loss strategies. Example: Tie stop-loss levels to the ATR-based calculations to mitigate volatility.
by ProfessorCEWard
EUR/USD 4H Timeframe AnalysisEUR/USD 4H Timeframe Analysis Trend: In the 4H timeframe, EUR/USD is in a downtrend. The price broke below the major support at 1.06200 and then retested, which has now become our major key resistance zone. The price then dropped further to the next minor support at 1.0330,then moved up, created a gap, and filled it for a short time. Following this, the price started creating lower lows and lower highs until it returned to the major key resistance. There, an inverted hammer was followed by a bearish engulfing candle, signaling a potential price reversal. Additionally, the price broke the rising wedge chart pattern and retested the minor resistance at 1.05300. Afterward, the price moved lower and broke below the minor support. Price Action Expectation: We expect another reversal at the minor key resistance. Once the price breaks the resistance, triggering stop-loss liquidations from sellers, we anticipate a move downward. If the price moves back below the minor support, we will enter a sell stop order below the minor support at 1.04908, with a stop loss at 1.05490 (between the liquidity area). Our take profit target will be the next minor support at 1.03360. Trade Setup: Sell Stop Entry: 1.04908 Stop Loss: 1.05490 (between the liquidity area) Take Profit: 1.03360 (next minor support) Risk: 1% Fundamental Outlook: The US Dollar continues to consolidate around the highs, although it’s stronger against commodity currencies. In the broader picture, the market has likely reached the peak in the repricing of interest rate expectations. It will take stronger catalysts to further price out the remaining rate cuts for 2025. This environment supports the US Dollar and could keep downward pressure on EUR/USD in the near term.
Short
by RebornFXTrader
EUR/USD: Market Anticipation Ahead of Key Economic ReportsAs the London trading session unfolds on Monday, the EUR/USD currency pair is hovering around the 1.0580 mark. Investors are gearing up for significant economic events this week, including the highly anticipated US Consumer Price Index (CPI) report for November, set to be released on Wednesday. In addition, the European Central Bank (ECB) will announce its interest rate decision on Thursday, making this week crucial for market participants seeking insights into future monetary policy shifts. From a technical standpoint, the EUR/USD has shown a lack of substantial movement over the past week, remaining firmly below the 1.0600 resistance level. Traders are closely watching how the currency pair interacts with this barrier, as it could dictate the next direction for the market. With speculation surrounding a potential interest rate cut from the Federal Reserve later this month, Wednesday's inflation figures may be the crucial factor influencing the Fed's decision. Analysts predict that the annual consumer price inflation will slightly increase to 2.7% year-over-year in November, up from 2.6% in October. Moreover, the core inflation rate, which excludes the often-volatile categories of food and energy, is anticipated to hold steady at 3.3% year-over-year. Given the current landscape, our strategy is to remain on the sidelines as we await the CPI data on Wednesday and the Unemployment Claims report on Thursday. While our overall bias leans bearish, we believe it is prudent to refrain from taking any positions until the price potentially approaches a significant demand zone. This approach allows for a more informed entry that aligns with market developments. In summary, the EUR/USD is at a critical juncture as investors anticipate key economic reports that could have lasting effects on the currency pair's trajectory. With the market sentiment leaning toward caution, all eyes will be on the data releases this week. ✅ 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.
by FOREXN1
1
Is EurUsd's correction over?In my previous posts about EUR/USD, I discussed the potential for an upside correction following the break below the 1.05 support level, the drop to 1.0330, and the subsequent reversal. I suggested that this upward movement could potentially push the price toward the 1.0670 resistance zone. Indeed, the pair did rise, reaching an intraday high of 1.0628 during Friday's NFP event. However, the day ended with a downside move, leaving a red candle with a long wick on the daily chart. The medium-term trend for EUR/USD remains bearish. This, combined with the overlapping structure from the recent low, clearly indicates that we are not witnessing the start of a bullish trend but rather a corrective phase. The key question now is whether this correction has concluded. To confirm, we would need to see a break back below the 1.05 level. With this in mind, if the pair revisits Friday's high, I plan to sell, placing a stop loss above 1.07 and targeting the 1.0450 support level.
by Mihai_Iacob
7
Bullish Opportunity: Buy Setup at support Ahead of Key CPIWe are looking to buy at 1.050 area Key Levels: Entry: 1.050 (support level) Take Profit (TP): 1.05979 Stop Loss (SL): Adjust to match your preferred risk-to-reward ratio. 1.045 is a reasonable SL The price is expected to find support near 1.050, with the potential for a bullish rebound toward the resistance zone at 1.05979. Bespoke resistance lies further up at 1.064 providing longer-term bullish potential if this level breaks. Caution: This trade setup assumes that the US CPI data due tomorrow will come out weaker than expected, which could favor a bullish move in this pair. Monitor the news closely before committing to this trade, as stronger-than-expected CPI figures could invalidate the setup.
Long
by Eleazarahmath