EURUSDThe EURUSD pair should continue its fall at the end of October, don't forget the elections that will take place next week in the USA which could show us another face with the financial marketsShortby MCY-TRADER-BTC_GOLD2
29 Oct EURUSD Long Trade Take long trade on EUR, base on morning outlook. Take profit not taken, but partial take and partial stop lose made this position profitableLong03:17by azim_dev1
EURUSD: Strong Bullish Bias! Buy! Welcome to our daily EURUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.08144 Wish you good luck in trading to you all!Longby XauusdGoldForexSignals112
SELL EURUSD HARDEURUSD has just filled in(mitigated) a 4 Hour Bearish Fair Value Gap. It is set to drop all the way until 1.06351 SELL Take Profit- 1.06351 Stop Loss- 1.08391 STAY TUNED Shortby Michael_Petit19991
EUR/USD Struggles at Resistance: Key Levels to WatchEUR/USD Price Report – October 29, 2024 Current Price: 1.07994 USD Daily High: 1.08394 USD Daily Low: 1.07612 USD Volume: Moderate activity at 119 Price Movements EUR/USD is currently trading near 1.07994 USD, reflecting a slight decline after reaching a recent high of 1.08394 USD earlier in the day. The pair shows signs of volatility, fluctuating between support and resistance levels as seen in the recent price action. Key Levels Resistance: 1.08194 - 1.08394 USD: This zone represents the most recent high and acts as a strong resistance level. The price has struggled to maintain gains above this area, as shown by the red markers, indicating multiple failed attempts to breach higher. Support: 1.07700 - 1.07612 USD: The price previously touched these levels, forming a base of support on the downside. A further drop may test this area, which served as a low earlier today. 1.07400 - 1.07300 USD: A secondary support zone from recent sessions, especially on October 24 and October 27. This area will likely act as a floor if the pair continues to decline. Trend Analysis October 24 Pullback: The EUR/USD experienced a significant drop around October 24, falling to the 1.07300 USD level, indicating a period of weakness. Since then, the price has been in recovery mode, rising towards the 1.08000 range but encountering resistance. Current Movement: As of today, the price remains under pressure, encountering resistance near 1.08100 – 1.08300 USD. The chart shows indecisiveness, with a tendency to test lower levels if it cannot break the resistance line. Outlook Bullish Bias: If the price can successfully break above 1.08394 USD, it could lead to a bullish continuation toward higher levels. The next significant resistance would be around 1.08500 USD, where further gains could be achieved. Bearish Bias: If the pair fails to break above the current resistance, we might see a pullback, with a retest of the 1.07700 USD or even 1.07300 USD levels. A sustained break below 1.07300 USD could lead to a deeper bearish correction. Conclusion EUR/USD is at a critical point, testing resistance in the 1.08100 – 1.08300 USD range. A successful breakout could signal bullish momentum, while failure to breach resistance may cause the price to retest support levels around 1.07700 USD or lower. Traders should monitor the price action closely for signs of a breakout or a retracement. Disclaimer: This report is based on current market data and should be used for informational purposes. Always perform additional analysis or seek expert advice before making trading decisions.Shortby Joekenstein71
EURUSD, again 1.05000?It is very certain that if the current trend continues, EURUSD could revisit the 1.05000 support zone. In 2023, we managed to hold on to that level twice and return to the bullish side. This year, the pair has strong resistance in the 1.12000 zone, and that level is a big obstacle for us, and the additional flow is the formation of a lower high and bearish consolidation after that.Shortby Aleksin_Aleksandar1
EURUSD- LongThe EUR/USD pair shows signs of potential recovery after a notable decline. The pair appears to be consolidating and may be gearing up for an upward movement. However, any movement below the identified buy zone could lead to further declines, putting pressure on bullish momentum. For traders looking at intraday or scalping opportunities, entry confirmation remains crucial, with order flow analysis recommended to confirm potential buying conditions. Disclaimer , This is not a financial advice or any sort of that, this is purely for informational purposes only and is not intended to be personal financial advice. Trading involves substantial risk of loss and is not suitable for every one. Longby Bilind-GeniusScalper3
Will Buyers Hold the Line? EUR/USD 15-Min Support Zone AnalysisPotential support alert for EUR/USD! As the price approaches this green zone, a rebound is possible – but only with the right confirmation. Here’s how to play it smart! 📈⚠️Longby rebenga930
EURUSD at an important support.EUR/USD is currently positioned at a significant support area on the daily chart, marked by both an uptrend line and horizontal support. Here are some important notes about the pair right now: Long-Term Ascending Channel: The black lines forming an ascending channel on the chart indicate that EUR/USD has been in an uptrend since October 2023. This channel acts as a dynamic range for support and resistance, with the price generally adhering to these lines over time. Horizontal Support on D1: The lower black line of the channel highlights a Double Bottom pattern, suggesting that sellers have struggled to push the price lower. Additionally, this horizontal support aligns with the ascending trend line on the daily chart, which the price recently tested. Given the confluence of these lines (the uptrend and horizontal support), this level is crucial and could influence EUR/USD's direction in the coming days. Resistance and Support Zones: The horizontal green areas represent key resistance and support zones. The main resistance level is near 1.0950, which previously functioned as support but was recently breached during a downward move. The support zone is located at 1.0667, serving as the next target if the price breaks below the current channel support. Recent Candlestick Patterns: On October 24, a bullish engulfing pattern formed, indicating renewed buyer interest after the price touched the support region on the daily chart. This pattern occurs when a bearish candle is fully engulfed by a subsequent bullish candle, suggesting potential buying momentum. Considering these factors, an upward movement may occur if the price holds at the support level, potentially leading to a recovery towards 1.0950. Conversely, a downward movement could ensue if the price breaks through the channel support and trendline, possibly reaching the support area around 1.0670. Attention to NonFarm Payrolls on Friday: Traders interested in the EUR/USD this week should be cautious about the release of the NonFarm Payrolls (NFP) data, which will occur on Friday, November 1st. The NFP is one of the most important economic indicators in the financial market, as it measures the change in the number of jobs in the non-agricultural sector in the US. This data is a reflection of the health of the US economy and directly influences expectations about the Federal Reserve's (Fed) monetary policy. When the NFP is released, it provides insight into the level of economic activity and the strength of the US labor market. If the jobs data beats expectations, it could signal a strong economy, prompting the Fed to consider tightening monetary policy, such as raising interest rates. Higher interest rates tend to boost the dollar, as they attract more investment in higher-yielding US assets. Consequently, a strong NFP could put downward pressure on the EUR/USD, strengthening the dollar against the euro. On the other hand, a below-expected NFP could suggest an economic slowdown, prompting the Fed to adopt a more cautious stance, such as keeping interest rates steady or even cutting them. In this scenario, the dollar could weaken, which would favor a rise in the EUR/USD. Disclaimer: 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.by Marketscom3
EUR USD Entry Setup EUR USD Entry Setup 1 hour timeframe. The price has been bouncing from a trendline breaking a previous high and currently retesting it entry is taken on the retest level. Do you think EU will buy ? Longby OfficialUBKFX1
EUR USD Trade Setup Daily Timeframe.EUR USD is currently sitting on a Daily Support level and the price is showing signs of bullish momentum by forming a bullish Engulfing candlestick, so we will be looking for buying opportunities. To get our buy entry lets scale down to the lower timeframe to identify patterns and entry confirmation.Longby OfficialUBKFX0
EURUSD-From a technical point of viewHere is an idea for today day trading, EURUSD has been trending down for the past few weeks, so the best thing is not try to predict a trend change, just stick to the trend and find the next premium price to sellShortby IamMpho1720
1.08130 sell here30% W-bear, D-bear, 4H-bear 10% At daily AOI 10% Candle stick rejection 10% rejection from previous daily structure point ------------------------------------------------------------------- 5% Retesting EMA 10% Shift Of Structure 75% total onlyShortby saddamn732
Buy opportunityThe EURUSD pair presents an enticing Buy opportunity at the current price of 1.08124, with favorable potential for profit. Targets: Primary Target: 1.08900 Secondary Target: 1.09942 Breakout Scenario: 1.07603 In the event of a breach above the Support level of 1.07603, indicative of a bearish breakout, the target price is anticipated to ascend towards 1.06000. Technical analysis indicates a notable buying sentiment prevailing in the market at the present price level. Fundamental factors align with the proposed Buy strategy, suggesting upward pressure on the EURUSD pair. Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements. Disclaimer: This analysis is provided based on current market conditions and historical price data. Traders are advised to conduct independent research and exercise caution, employing appropriate risk management techniques, before executing any trading decisions. Longby GODOCM0
EURUSD Sell Based of Simple MethodOverall downtrend bias is till on. So focusing on Asia High as entry for EU if you missed the previous entry or yesterday entry Shortby tradingwith_ryann0
EURUSD - SELL ON 15MWait for a break and close below 1.08055. This helps confirm the market's direction and minimizes the risk of false breakouts.Shortby KevFu1
Eurusd Hi traders I forecasted retracement leg in the past in this trading view account. Market is bearish completely Shortby FoxForexVIP0
$EURUSD longsTook out sell stops and traded above key level. Want to see if go above previous daily high.Longby Malope01112
29 October Tuesday overlook on GBPUSD EURUSDIn general keep idea from previous overlook GBPUSD EURUSD on Monday. Orderflow is mostly bullish just need some clear setup for long positionsLong07:36by azim_dev0
Levels To Watch EURUSD Hi today I have added some levels to this EURUSD chart. This chart marks some key levels. Tomorrow we have news. Pretty flat now after that rise. 1 trade a week is my goal. Thanks by ilyaskhan19941
EUR/USD TIME TO MOVE UP?Really think the first leg down is over for EU, should head upwards for correction and test the demand zone around 50% retracement Longby Mashood_Abidi944