EURUSD: Bullish Forecast & Outlook
The price of EURUSD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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EURUSD trade ideas
Still more downside for EUHi traders,
The momentum down for EU was too strong and the outlook last week was wrong. After this pair made a corrective upmove it started the next move down.
So for next week we could see more downside into the Daily FVG below.
Let's see what the market does and react.
Trade idea: Trade (short term) shorts after the finish of a correction up on a lower timeframe.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Euro continues to fall?Due to the support in the range of 1.0762 After breaking this range, we can expect the 1.0721 range to fall Otherwise, after breaking the resistance range of 1.0811 It can be expected that the range of 1.0870 and 1.0904 will continue to rise
EURUSD_4H&1D_Buyhello hello
💠Eurodollar analysis in the medium term time frame
The analysis style is based on Elliott waves
According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support.
💠The important number of this week is 1.07777
Target and resistance 1.10000
Eurodollar analysis in the medium term time frame
The analysis style is based on Elliott waves
According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support.
The important number of this week is 1.07777
hello
Eurodollar analysis in the medium term time frame
The analysis style is based on Elliott waves
According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support.
The important number of this week is 1.07777
Target and resistance 1.10000Target and resistance 1.10000
EURUSD Testing Strong Support ZONE Near 1.0700EURUSD Testing Strong support zone near 1.0700
EURUSD is currently testing strong support zone near 1.0680:1.0700.
This area seems poised to push the price up again in the coming days making it a potential shortterm trade opportunity.
The US will release the consumer price index CPI data on wednesday so the market is likely to speculate again .
The US consumer price index YOY For October is expectedto be 2.6 percentage vs 2.4 percentage the previous month.
Energy YOY for October is expected to remain 3.3 percentage.
You mayfind more details in the chart thankyou and Good luck
EURUSD: Will Start Growing! Here is Why:
The recent price action on the EURUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
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EUR/USD Daily Chart Analysis For Week of Nov 8, 2024Technical Analysis and Outlook:
The Eurodollar has resumed its downward trend with notable intensity, completing an inner currency dip at 1.075 and stopping just short of the critical support level at 1.068. It is anticipated that the Euro will continue its decline, potentially retesting the completed Inner Currency Dip at 1.060 and reaching the next significant target of 1.054. While this downward movement is of considerable importance, it may also instigate a rebound, guiding prices back to the newly established resistance level at 1.080.
EUR/USD 1H Chart Analysis FX:EURUSD
This chart presents three speculative scenarios for the EUR/USD 1-hour timeframe. Please note that these are purely speculative and not guaranteed outcomes:
Scenario 1 (Downtrend Continuation): If the price fails to hold support around the current level, we could see a further decline, as indicated by the green arrow. This would suggest a bearish continuation, possibly targeting lower support zones.
Scenario 2 (Moderate Bullish Rebound): If the price finds support here and reverses, it might climb to the first order block (OB 1H) area, indicated by the white arrow. This scenario suggests a moderate retracement.
Scenario 3 (Strong Bullish Rally): In this more optimistic scenario, the price could rally significantly and reach the upper resistance level around the OB 1H area above, as shown by the blue arrow.
The RSI indicator at the bottom shows a recent downtrend with possible oversold conditions, which could indicate a potential for reversal.
These scenarios are speculative and should not be taken as certain information or financial advice. Always consider the risks and conduct your own analysis before making trading decisions. FX:EURUSD
EURUSD Trade EURUSD Trade
Macro NY 9:50
In London Price takes out buy side. Price heavy after 6 30am seeking lower prices.
Price comes to .618 and swings back up to make equal highs. Breaks back down at 930 and 10 am breaks structure also hitting the .70 level. Another swing up and by 11 am full drop to the sell side liquidity.
Enter at 10 am and exit at 12pm
Logic sound trade!
Current Market ContextThe EUR/USD market has been in a downward trend, but recent price action below the true year open suggests there could be a potential bullish incentive forming. This dip may attract buyers to rebalance the 4-hour Fair Value Gap (FVG) above, signaling a possible retracement.
At this stage, there’s no confirmed trade setup, but staying patient and waiting for the price to approach and react to the 4H FVG and order blocks could provide clearer signals. If strong bullish behavior develops in these areas, a retracement trade might align with a potential shift in short-term momentum.
Have a great weekend, and let’s see what opportunities Monday holds!
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EURUSD Trading JournalEURUSD Trading Journal
Nov 9 Previous weeks review.
Wild week. To have discipline to stay to the side lines. By Friday Price had straightened out.
On the weekly Price is in a Premium, parent bias is bearish. This week Price broke market structure delivering lower prices.
Price closed in a deep discount on the hourly TF closing on the .25 level of the HTF Daily BISI and creating equal low.
Next week I suspect that Price could come up a rebalance the 4H FVG and could reach 1.08086 for the high closing this weeks NWOG even though I am bearish.
Republicans Retake Senate, EURUSD Holds at Critical ResistanceFxNew s—The October 23 low at 1.076 is the immediate resistance. The EUR/USD price is likely to exceed this level.
If this scenario unfolds, the consolidation phase could extend to the 50% Fibonacci retracement level, backed by the bearish fair value gap area.
This level provides a decent opportunity to join the bear market. Therefore, traders and investors should closely monitor the resistance area that expands from 1.081 to 1.084, backed by the 100-SMA, for bearish signals.
EURUSDSentiments
- In recent Presidential Race Trump win which have strong posstive affect to USD
- Today is Friday Possible Trader are closing their position which may reach the near Support
Reason for Entry
in Daily Timeframe there is Fair value gap also daily swing, also looking in 1hour time frame there is also fair value gapand CISD break, and in 15 minute where i enter the trade the CISD break and confirm
Trade Plan
I have four entry and my position is not just big because im starting, my stoploss are above the swing where the trade is invalided if it goes there and i have four TP area and each of them is in near swing and POI daily
Euro-dollar might have found a floor for now around $1.07Apart from the dollar’s general strength in the aftermath of Donald Trump’s clear win, the collapse of the German coalition government has also affected the euro negatively. Markets are currently pricing in a drop to 2% for the main refinancing rate by June 2025 while Fed will probably remain about double that then according to CME FedWatch.
6 November’s drop was extremely sharp as the results of the American elections started to show a clear win for Mr Trump. As expected, $1.07 has held as a support for now but is very likely to be tested again in the next week or so. $1.07 is an important support primarily because that area was the source of the uptrend in July-August and because of the presence of the 100% monthly Fibonacci retracement. Given the fundamental outlook, it’ll probably be broken sooner or later, but how soon depends on the reaction to inflation on 13 November.
The upside seems to be quite limited in the near future. The attempt to move back above $1.08 on 7 November was rejected but if American inflation next week is lower than expected there might be a retest of the 200 SMA around $1.087.
This is my personal opinion which does not represent the opinion of Exness.
Short Opportunity on EUR USD According to
Fibo Retracement to 50-60% zone
Fibo extension
Negative Divergence on 30 minutes time frame and CCI
Price Action
EUR/USD 1-Hour Chart Breakdown🚀 EUR/USD 1-Hour Chart Breakdown 🚀
Current Price Levels: Right now, EUR/USD is around 1.0777. Key levels to watch include 1.08108 (resistance) and 1.07463 (support). These levels could be crucial for breakouts or reversals.
Recent Trend: We had a significant drop, followed by a slight recovery that seems to be consolidating. It looks like price is moving within a range between 1.07463 and 1.08108.
Potential Moves:
Bullish: If we break above 1.08108, it could signal more upside momentum.
Bearish: If it drops below 1.07463, the downtrend might continue, targeting lower levels like 1.07178.
For now, it's in a bit of a consolidation zone. Keep an eye on those support and resistance levels to catch any big moves! 📊👀
EUR/USD BBG Composite FX Forecasts vs Forward RatesForecast / Forward
Q4/24 1.09/1.08
Q1/25 1.10/1.09
Q2/25 1.11/1.09
Q3/25 1.12/1.10
2025 1.12/1.10
2026 1.14/1.13
2027 1.15/1.14
2028 1.15/1.16
EUR/USD🇪🇺 EUR/USD I have the following preview of this pair>>🖊️On the Daily Chart we are below dOpen. On the 4HTF we are above M2 Daily we have an unfilled GAP from 4HTF above us. On the 30MTF we are below yesterday's vpoc and now we are holding below today's vpoc. If yesterday's vpoc and today's vpoc hold us, I would see shorts to yesterday's VAL where we have an untested M2_30M. The short position is confirmed by the passage of Long's M2 vpoc.
