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
EURUSD trade ideas
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! 📊👀
EURUSD UPWARD MOVE After the US elections, price is finally consolidating and the EURO is on it's way back up after it retests key levels.
The rise of the euro in the long termFundamental news are all focused on the decline of the euro. If the euro is on the way to increase, and this could indicate the weakening of the US dollar for several months, the price of the euro is in a place where the possibility of too much decline is impossible for it.
Sasha charkhchian
eurusd trend#eurusd
Will the euro dollar see the 1.07 range again?
The euro-dollar trend is downward.
If it loses the support range of 1.0750, a correction to 1.07 can be considered for the euro-dollar.
If it can stabilize above 1.0810, it can grow up to 1.0870 and 1.09.
EURUSD SELL | Idea Trading AnalysisEURUSD is moving on support zone
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
EUR/USD tumbles below 1.0800 on Trump’s tariff planThe EUR/USD pair has declined amid a renewed demand for the US Dollar (USD) during Friday's Asian trading session. Additionally, Donald Trump's proposed tax increases have put pressure on the Euro (EUR) against the USD. Traders are now awaiting the US November Michigan Consumer Sentiment data for further market direction, along with a speech by Federal Reserve official Michelle Bowman later this week.
Looking at the technical chart, the EUR/USD pair is currently in a downtrend, trading around 1.0780, down 0.2%. With resistance at 1.080, the pair has faced difficulties and has dropped to the support level at 1.071. Given the current factors, there is a possibility that the EUR/USD pair could break this support level and continue moving lower.
Investors need to closely monitor economic data and comments from the Fed to catch any new signals from the market.
EURUSD Daily Pivot Points AnalysisEURUSD Daily Pivot Points Analysis
Daily R3 - 1.0959
Daily R2 - 1.0892
Daily R1 - 1.0847
Daily Pivot Point - 1.0780
Daily S1 - 1.0735
Daily S2 - 1.0668
Daily S3 - 1.0624
✅Today's price stands at the Daily Pivot Point - 1.0780 without showing signs of bulls and bears.
📈A move above the Daily Pivot Point - 1.0780 can push the price to Daily R1 - 1.0847 but I don't see the price rising further for today.
From the Daily R1 - 1.0847 the price can move down again to the Daily Pivot Point - 1.0780
📉A move below the Daily Pivot Point - 1.0780 can push the price down to Daily S1 - 1.0735 but I don't see the price declining further for today.
From the Daily S1 - 1.0735 the price can move up again to the Daily Pivot Point - 1.0780
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A pivot point is an intraday technical indicator that's used to identify trends and reversals in equities, commodities, and forex markets.
Pivot points are calculated to determine levels in which the sentiment of the market could change from bullish to bearish and vice-versa.
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You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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
check the trendIt is expected that after the completion of the current corrective pattern and within the support range, a trend change will take place and we will witness the beginning of an upward trend.
Otherwise, the downward trend is likely to continue
EURUSD Nov 4, 2024This is alt count, but tom we have an event that is not purely priced in, imo.
Take care, use stops.
All currencies appearing in this post are fictitious.
Any resemblance to real currencies, existing or dead, is purely coincidental.
EURUSD BULLWe sent the bear down from NFP and now is the first opportunity for the bull set-up.
Yes I am in the trade at 1.0780 with a very tight window. (15 pips)
Also I gave this pair out everyday last week inside the group inside Facebook. Plus I have just sent out the new chart for the community to trade this week...
Good luck and there will be more to come.
#eurusd
EURUSD_116 2024.11.08 06:03:07 Trading Signal SELLFrankPro Signal for EURUSD_116
Type: Screen
Signal: SELL
TP: 1.07451
SL: 1.07901
Entry Price: 1.07826
Analysis for EURUSD
Forecast Overall(Short-Term, Long-Term): ST= Strong Down LT= Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Up
ST=Down LT=Up
ST=Down LT=Up
Analysis Method(0)
Based on the provided analysis, here are my conclusions for the EUR/USD pair:
**Short-term (next few days):**
* The price is expected to go down, with a potential test of the support area near 1.0685.
* A break below 1.0704 could signal further declines to 1.0660 and 1.0645.
* However, there is a possibility of a corrective advance, with a potential rebound from the lower border of the bearish channel and a rebound from the bullish trend line on the RSI.
* The upside is capped by the 50-day Exponential Moving Average (EMA) at 1.0830, adding to the selling pressure.
**Long-term (next few weeks/months):**
* The overall trend is bearish, with the pair trading below a flat 100 Simple Moving Average (SMA) and a firmly bearish 20 SMA.
* The ECB's cautious stance on monetary policy and weak German data suggest limited near-term support for the euro.
* However, the analysis mentions a potential growth towards the area above 1.0925 following a rebound from the support area near 1.0685.
* The impact of economic data and ECB policy on the pair's long-term trend is uncertain and will depend on future developments.
In summary, the short-term outlook is bearish, with a potential test of the support area near 1.0685, while the long-term trend is also bearish, but with a possibility of a rebound and growth towards the area above 1.0925.
Result: ST=Down LT=Up
Analysis Method(1)
Based on the analysis, here are my predictions for the EUR/USD pair:
**Short-term (next few days/week):**
The price is expected to **go down**. The technical outlook suggests further losses, with potential to revisit the June low of 1.0666 and possibly the 2024 low at 1.0600. The pair has broken below all its moving averages, and technical indicators are firmly bearish despite being in oversold territory.
**Long-term (next quarter/12 months):**
The price is expected to **stay the same** or **go up slightly**. Long-term forecasts indicate the EUR/USD could trade at 1.08 by the end of the quarter and around 1.06 in 12 months, according to Trading Economics' global macro models. This suggests that the current downward trend may be reversed in the long term, with the pair potentially rebounding from its current lows.
Please note that these predictions are based on the analysis provided and are subject to change as new data and events become available.
Result: ST=Down LT=Up
Analysis Method(2)
**Short-term Analysis (Next 24-48 hours)**
Based on the current market conditions and forecasts, I expect the EUR/USD price to **go down** in the short term. The bearish momentum, as indicated by the technical analysis, suggests that the pair may continue to decline, potentially testing support levels around 1.0665 and 1.0645. The strong US dollar sentiment, weak Eurozone economic data, and the upcoming Federal Reserve's decision on interest rates (expected to include a 0.25% rate cut) may further contribute to the downward pressure on the euro.
**Long-term Analysis (Next week and beyond)**
In the long term, the outlook for the EUR/USD pair is more uncertain. While the current bearish momentum may persist in the near term, there are potential upside risks that could lead to a rebound. If the pair holds above key support levels, some forecasts suggest a potential upward movement above 1.0925. Additionally, the impact of the US presidential election and the subsequent policy decisions may lead to a shift in market sentiment, potentially benefiting the euro. Therefore, in the long term, I expect the EUR/USD price to **stay the same** or potentially **go up**, depending on the outcome of the upcoming events and the overall market sentiment.
Please note that these analyses are based on the available data and forecasts, and the actual market movements may differ.
Result: ST=Down LT=Up
EURUSD following the newsToday wraps up a week of major news for the USD.
We saw a rise in the USD, while yesterday the interest rate was cut.
As long as EURUSD remains below 1,0930, it’s likely we’ll see further USD gains.
Watch for a rejection and possible selling opportunities.
The goal is to test and break through the previous low.
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.
Fundamental Market Analysis for November 08, 2024 EURUSDEvents to pay attention to today:
17:00 EET. USD - UoM Consumer Sentiment
18:00 EET. USD - FOMC Member Michelle W. Bowman Speaks
EURUSD:
The EUR/USD exchange rate is declining towards 1.07800 due to increased demand for the US dollar during Asian trading hours on Friday. Furthermore, the prospect of increased tariffs under the Trump administration is exerting downward pressure on the euro relative to the US dollar. Analysts anticipate further market movements based on the release of the expanded Michigan consumer sentiment data for November, as well as a speech by Federal Reserve (Fed) chair Michelle Bowman on Friday.
As anticipated, the US Federal Reserve reduced its key interest rate by 25 basis points at its November meeting on Thursday. The US central bank is keen to avoid any further weakening of the labour market and still anticipates a gradual decline in inflation towards the Fed's 2% target. It is anticipated that the Fed will continue to reduce interest rates at forthcoming meetings, although the precise timing remains unclear. The Fed will continue to assess data in order to determine the appropriate pace and direction of interest rate cuts.
Mr. Trump has pledged to impose a 10% tariff on imports from all countries, which has exerted downward pressure on the euro. The European Union has the second-largest trade deficit with the United States in the world and is the largest exporter to the United States, according to JPMorgan.
Furthermore, the European Central Bank (ECB) is reducing interest rates at a faster pace than the Federal Reserve. This may result in a depreciation of the euro against the US dollar. The ECB has already reduced rates three times this year due to declining inflation risks in the Eurozone. Growing expectations of another rate cut are contributing to the euro's decline in the near term.
Trading recommendation: We follow the level of 1.08000, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.
EURUSD 1.07813 -0.19% MULTI TF INTRADAY SET-UPHELLO TRADERS
Hope everyone is doing great
📌 A look at The EURUSD At the close of ASIA INTO THE LONDON, TO NY PM SESSION
- As we draw to the close of the week, looking for EU to close bullish In correlation with GU.
* on the 4H looking for a bearish open with the close of ASIAN SESSION.
* PO3
* Push LOWER before going for HIGHER structures LQ pull.
1 HOUR TF
* Looking for the mitigation of the bullish OB+.
* FVG below has already been mitigated.
* if this structure holds, looking for long entries to close the week.
* DXY 4H
* BASED on the price action served next session...
* We will see what does the market dish.
🤷♂️😉🐻📉🐮📈
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
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Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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* ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
EURUSD H1 | Bullish Reversal Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.0753, which is a pullback support close to 50% Fibo retracement.
Our take profit will be at 1.0811, a multi-swing high resistance.
The stop loss will be placed at 1.0703, which is a pullback support level.
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EURUSD SELL ANALYSIS RISING WEDGE PATTERNHere on Eurusd price has form a rising wedge pattern and has broken line 1.07493 so is likely to move down more so trader should go for SHORT and expect profit target of 1.04866 and 1.01512 . Use money management
EURUSD holding Still holding EU also re-entered GU but I won't be posting since I lost that trade initially. Next post will be the final results so stay tuned.
If you wanna know how to trade like me check out my channel on YouTube.
ManMcpriceaction
EURUSD Asian Session Hi it looks like the price of the EURUSD has retraced back up and the US dollar has sold off. During this Asian session today, I have marked out some price levels on the chart that traders might be looking at. The time of writing is about 7:00 pm (GMT-8) Vancouver BC time, thanks!
#EURUSD - 08112024EURUSD made a perfect long as per plan given yesterday and it hit the price target, over a 100 pips higher, and it sold down 60 pips off the price target before recovering. Bearish sell down on Thursday followed by a recovery to my sell level yesterday. What's next?
I see a possible move for EURUSD to 1.0733 and then we see the reaction off the level; either a higher low for a move higher or a break and a move lower (as per the plan given yesterday). In a way, the move yesterday could be seen as a pullback. And market did sell down after hitting the price target so IMO sellers are present and so could see a move lower first.
