EURUSD trade ideas
EURUSD SELL!!!EU sentimental is bearish today, and early morning it broke out of the Asian session low. Now, let take a short position
We first aim for 1:1 the 1:2 after securing some profits
EUR- Long - Re-entryNew opportunity to go long. It's a risky trade, and we need to break 1.062.
T1: 1.062 (protect trade).
T2: 1.08 (partial or close).
T3: 1.09 (close - daily chart).
Market Analysis: EUR/USD Faces ResistanceMarket Analysis: EUR/USD Faces Resistance
EUR/USD extended losses and traded below the 1.0550 support.
Important Takeaways for EUR/USD Analysis Today
- The Euro struggled to clear the 1.0635 resistance and declined against the US Dollar.
- There is a key bearish trend line forming with resistance at 1.0545 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical Analysis
On the hourly chart of EUR/USD at FXOpen, the pair failed to clear the 1.0635 resistance. The Euro started a fresh decline below the 1.0550 support against the US Dollar, as mentioned in the previous analysis.
The pair declined below the 1.0520 support and the 50-hour simple moving average. Finally, the pair tested the 1.0500 level. A low was formed at 1.0498 and the pair is now consolidating losses. The pair is showing bearish signs, and the upsides might remain capped.
There was a minor increase above the 23.6% Fib retracement level of the downward move from the 1.0594 swing high to the 1.0498 low. Immediate resistance on the upside is near the 1.0545 level.
There is also a key bearish trend line forming with resistance at 1.0545 and the 50-hour simple moving average. The next major resistance is near the 1.0570 zone or the 76.4% Fib retracement level of the downward move from the 1.0594 swing high to the 1.0498 low.
The main resistance sits near the 1.0590 level. An upside break above the 1.0590 level might send the pair toward the 1.0635 resistance. Any more gains might open the doors for a move toward the 1.0675 level.
On the downside, immediate support on the EUR/USD chart is seen near 1.0520. The next major support is near the 1.0500 level. A downside break below the 1.0500 support could send the pair toward the 1.0445 level.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
EURUSD ahead of the news EURUSD continues to hold above 1,0500, awaiting the USD news.
Inflation data will be released later today with the opening of the US session.
This is one of the most significant market events right now and is expected to cause substantial volatility.
Tomorrow, the ECB's interest rate decision is scheduled.
Be cautious of misleading moves and avoid making emotional trades!
Head and Shoulders Pattern in EURUSDEUR/USD Analysis (Timeframe: To be determined): Head and Shoulders Pattern Detected, Buy Signals Generated
A head and shoulders pattern has been identified on the EUR/USD chart. However, contrary to the typical bearish implication, buy signals have been generated, indicating a potential bullish reversal.
Key Indicators:
- Head and Shoulders Pattern: A clear head and shoulders formation has been detected.
- Buy Signals: Generated, indicating a potential bullish reversal.
- Trend Analysis: Potential bullish reversal.
Key Levels:
- Resistance: 1.08300
- Support: 1.05200
- Target: 1.09250
Recommendation:
Consider long positions or bullish strategies to capitalize on the potential upside movement.
Please note that forex markets are highly volatile, and prices can change rapidly. Please mind your own money management 🙏
Best Wishes Tom 😎
EURUSD Next possible moveSAXO:EURUSD
Title
"EUR/USD Intraday Analysis: Sell Bias Persists | Dollar Dominance Resumes"
Market Context
"EUR/USD remains under pressure as the U.S. dollar regains strength amid hawkish Federal Reserve expectations. Lingering concerns over Eurozone economic growth further weigh on the pair, favoring a bearish bias."
Technical Analysis
*"Today’s sell entry is supported by the following bearish signals:
Trend Structure: The pair continues to form lower highs and lower lows, confirming the downtrend.
EMA Dynamics: Price trades below the 20 and 50 EMAs, signaling sustained bearish momentum.
RSI: Falling toward 40, highlighting increased selling pressure.
MACD: Negative histogram bars are expanding, reinforcing the bearish outlook.
Key Levels:
Support: 1.0480 (intraday), 1.0450 (next key level).
Resistance: 1.0520 (intraday), 1.0550 (critical barrier). A move above 1.0550 would negate the bearish bias."*
News Context
"Upcoming: U.S. ISM Services PMI data could provide fresh directional cues.
Previous: Friday’s strong NFP report boosted the dollar, keeping EUR/USD under pressure."
Call to Action
"Will EUR/USD continue its slide, or could support levels trigger a reversal? Share your thoughts and strategies below!"
Bearish drop?EUR/USD is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.0543
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.0564
Why we like it:
There is an overlap resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 1.0502
Why we like it:
There is a pullback support level.
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EUR/USD: Profitable Trading TacticsFX:EURUSD Key Observations:
Current Price: 1.06413 USD
Significant Levels:
Order Block (OB): 1.06413 USD
Resistance: 1.05529628 USD
Support: 1.06413 USD
Technical Indicators:
Volume Profile: High trading activity around 1.06413 USD
Relative Strength Index (RSI): Currently around 46.95, suggesting neutral conditions
MACD (Moving Average Convergence Divergence): Shows a bearish momentum with the MACD line crossing below the signal line
Fibonacci Retracement Levels:
0.618: 1.05413264 USD
0.705: 1.05473090 USD
0.786: 1.05529628 USD
Buy Strategy:
Entry Point:
Consider entering a buy position if the price retraces to the support level around 1.06413 USD or the lower Fibonacci levels (0.618 or 0.786).
Confirmation:
Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) and a bounce from the support level.
Ensure the RSI is not in the overbought zone and the MACD shows a bullish crossover.
Target:
Set the target around the resistance level at 1.05529628 USD or higher Fibonacci levels.
Stop Loss:
Place a stop loss below the support level or the recent swing low.
Sell Strategy:
Entry Point:
Consider entering a sell position if the price reaches the resistance level around 1.05529628 USD and shows signs of reversal.
Confirmation:
Look for bearish candlestick patterns (e.g., shooting star, bearish engulfing) and a rejection from the resistance level.
Ensure the RSI is in the overbought zone and the MACD shows a bearish crossover.
Target:
Set the target around the support level at 1.06413 USD or lower Fibonacci levels.
Stop Loss:
Place a stop loss above the resistance level or the recent swing high.
By following these strategies and confirmations, you can make informed decisions based on the observed chart patterns and technical indicators. Happy trading!
EURUSD - Short - M15EURUSD is moving in a Bearish Trend on M15. Confluence of Trend on H1. On H4, price moving in a range. M15 support broken. Price retesting its recent Support Level.
Enter on CMP if a red candle closed below the recent Retest Level.
EURUSD WEEKLYConsidering that the Eurozone is performing very poorly and is forced to reduce interest rates more than any other currency, I predict this scenario.
EURUSDA clear bearish trend everything i done in EURUSD it's how i simplified on the diagram i follow the trend never against it. now lets wait and see how it will respect our setup..
EUR/USD outlook: Potential gains toward 1.07 EUR/USD appears to be in the process of bottoming out and is poised for an upward movement. Key support levels are seen around 1.05, and as long as the pair remains above 1.05/1.04, there is potential for a short-term move toward 1.06, with the possibility of reaching 1.07. Over the longer term, the pair could trend toward 1.15 if it maintains upward momentum.
Eurusd H4Complete structure buy for h4, please look at small TF, if have change structure at small TF can long buy..
eurusd longeurusd
long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
10.12.2024 - Eu Longs LHPDL liquidated by London. Targeting SMC orders on Buy side liquidity, targeting 1:3RR
EURUSD Bulls Will Take Charge?EUR/USD bounces off a strong demand zone around 1.0530. With bullish structure building, we could see a rally towards 1.0650.
A key support zone at 1.0499–1.0530 has provided a strong foundation for a bullish reversal.
The rejection candle and subsequent bullish candles suggest that buyers are stepping in aggressively at this level.
Price is likely to target 1.0649 in the coming sessions, aligning with previous highs and liquidity areas.
Stay patient and follow the structure.
#EurusdAbove this critical EUR/USD level, the probability of a bullish breakout significantly increases. However, markets can be unpredictable, and external factors can always influence price movements. While the technical indicators may align in favor of a long position, it's essential to conduct thorough analysis and manage your trades wisely. Proceed with caution, and remember that every trade carries inherent risks—trade responsibly!
eurusdEURUSD ( Euro / U.S Dollar )
Rising Wedge as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Completed " 12345 " Impulsive Waves
Change of Characteristics
EURUSD-bias long Bullish indications:
Support respected at 1.0535
MA 200 respected.
Inverted head and shoulder pattern in 30 min and 4 hr indicates bullish movement expected.
Trend line resistance respected.
Bearish indications:
LLLH in higher time frame.
short on the EURUSDthe news on the NFP made a lot of people to panic haven see the sharp retracement a lot of people thought price would continue going long , but the i think price would melt further today to at least the 1.0465 price point
EURUSD BUY ANALYSIS HEAD AND SHOULDER PATTERNHere on Eurusd price form a head and shoulder pattern and now try to rise so if line 1.05930 break price is likely to go up and trader should go for long with expect profit target of 1.07302 and 1.08519 . Use money management
EURUSD Next possible moveSAXO:EURUSD
Here’s a detailed description for today’s continued bullish outlook in EUR/USD:
Title
"EUR/USD Intraday Analysis: Buy Entry Sustains | Euro Strength Continues"
Market Context
"EUR/USD maintains its upward momentum, building on gains from the previous session. A softer U.S. dollar and improved sentiment around the Eurozone economy are contributing to the pair’s bullish tone."
Technical Analysis
*"Today’s buy entry is supported by the following indicators:
Trend Structure: Higher lows and higher highs persist, reflecting sustained bullish momentum.
EMA Dynamics: The price remains above the 20 and 50 EMAs, signaling continued buying interest.
RSI: Holding above 55, reinforcing upward pressure.
MACD: Positive histogram bars are expanding, confirming the bullish bias.
Key Levels:
Support: 1.0530 (intraday), 1.0510 (key support level).
Resistance: 1.0570 (initial target), 1.0600 (next psychological barrier). A breakout above 1.0600 could accelerate gains."*
News Context
"Upcoming: Focus is on Eurozone Retail Sales and U.S. ISM Services PMI later today, which could inject volatility.
Previous: The pair gained strength from recent Eurozone PMI data beating expectations and a consolidating U.S. dollar."
Call to Action
"Can EUR/USD sustain its bullish momentum and test higher resistance levels? Share your insights and trade setups below!"
