Seeing potential Sells on EURUSDLooking at 4hr TF, we broke a low and the market has been playing around it, it finally tested and showing rejection at that low.
EURUSD trade ideas
Is the Euro Looking for Support?It seems like the euro is on the hunt for some support. Could the bulls finally take charge and pull the euro out of its steep decline? The indicators are sending mixed signals. And when I say "indicators," I’m not talking about stochastics, moving averages, or that kind of stuff. I’m referring to the data from COT reports (show sentiment leaning towards a stronger dollar), analysis of options trades (not signaling a reversal), and retail sentiment (which is firmly bearish). And sure, we’ll throw in some chart analysis, but not just for the euro—I'm also looking at the 10-year Treasury yield chart.
What’s particularly important is how the quotes react at the 4.28% and 4.38% levels (marked as 1 and 2 on the chart). So, what do I mean by "how they react"? If the quotes hit resistance at these levels and turn south, the Dollar will likely correct, giving the euro bulls a breather. I highlighted the levels in the euro, the correction to which is very justified for finding liquidity.
But if the quotes 10Y Bonds start to "chop" through those levels, then the Dollar is headed higher and beyond.
Long Opportunity on EUR USD 4H timeframe On Weekly and Daily We have a Clear downtrend, At the Moment we expect a possible correction to up 1.09300 Level.
According to Breakout downtrend line
After retest of the broken Trend line.
According to Convergence on CCI.
Level up of Zero on CCI.
According to Positive Price Action
Using Fibonacci Retracement to detecting our Target.
That Analysis will be canceled if Price hit SL @ 1.07800.
Just skimming the tape ;-)If you skim the price action with not tom big a risk, you'll learn a lot;-)
EURUSD 15m Chart UpdateAfter hitting Yesterday's 0.618, I'm now shorting EURUSD until Yesterday's Close. You don't need a complicate strategy to be profitable.
OTE entry on eurusd. (Sell)retracement completed.. we expected more declines from eurusd
Price to target lastweek low..
EURUSD**EURUSD:**
This week's forecast is for the price to fall, break through the channel and reach the key levels below.
Market Analysis: EUR/USD DivesMarket Analysis: EUR/USD Dives
EUR/USD declined from the 1.0880 resistance and corrected gains.
Important Takeaways for EUR/USD Analysis Today
- The Euro started a fresh decline below the 1.0850 support zone.
- There was a break below a connecting bullish trend line with support at 1.0805 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical Analysis
On the hourly chart of EUR/USD at FXOpen, the pair struggled to clear the 1.0880 resistance zone. The Euro started a fresh decline and traded below the 1.0850 support zone against the US Dollar.
The pair declined below 1.0820 and tested the 1.0760 zone. A low was formed near 1.0761 and the pair recently attempted a recovery wave. There was a minor recovery wave above the 1.0800 level. However, the bears were active near 1.0840 and the pair started another decline.
There was a move below the 1.0820 level. The pair declined below the 50% Fib retracement level of the recovery wave from the 1.0761 swing low to the 1.0839 high.
Besides, there was a break below a connecting bullish trend line with support at 1.0805. The pair is now trading below 1.0800 and the 50-hour simple moving average.
On the upside, the pair is now facing resistance near the 1.0805 level. The next key resistance is at 1.0840. The main resistance is near the 1.0870 level. A clear move above the 1.0870 level could send the pair toward the 1.0950 resistance.
An upside break above 1.0950 could set the pace for another increase. In the stated case, the pair might rise toward 1.0980. If not, the pair might resume its decline. The first major support on the EUR/USD chart is near 1.0780 and the 76.4% Fib retracement level of the recovery wave from the 1.0761 swing low to the 1.0839 high.
The next key support is at 1.0760. If there is a downside break below 1.0760, the pair could drop toward 1.0720. The next support is near 1.0650, below which the pair could start a major decline.
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 for Monday Looking at both sell and buy for EURUSD.
The overall direction for EU is Sell.
During The buy Trade look for solid rejection before entry. If no rejection avoid the trade.
EURUSD long ideaI like the double bottom and the nice shift following it... I want to see some internal range buy-side taken.
short / EURUSD / 1H last week Octtwo main level for 🔴short🔴
if you get a good confirmation in the lower time frame
🔴first zone around 50% of the down range:
1.08120 - 1.08170
🔴second zone: 1.08260 - 1.0830 OANDA:EURUSD
EURUSD Forex Alert: A potential reversal setup!
After three bottom candles over the last three hours failed to break support, a bullish engulfing candle has now formed, signaling a possible upward momentum.
📈 Buy Entry: 1.0750
📉 Stop Loss: 1.0780
🎯 Target: 1.0835
Be mindful of the stop-loss level, as it’s set to limit downside risk if the setup reverses. Happy trading!
eurusd is bearish for the dayits bearish because its broke the last lower high and Asia is being manipulated so mark your zones and sell after confirmation
EUR/USD 28/10/2024EUR/USD 28 oktober let me know what you think about it have a good day see y'all!!
EUR/USD: Pullback Before the Big Drop?The EUR/USD exchange rate remains stable around 1.0790 during early Asian trading on Monday, yet it faces potential downside pressure due to rising expectations of a less dovish stance from the Federal Reserve. Recent encouraging economic data from the United States has fueled these expectations, suggesting the Fed may adopt a more stringent policy in November, which could strengthen the dollar. From a technical perspective, EUR/USD has broken out of its descending regression channel, stabilizing above the upper line. On the downside, support levels are seen at 1.0800 and 1.0750. Last Thursday, EUR/USD displayed some resilience, benefiting from improved market sentiment and a dip in U.S. Treasury yields, leading to a temporary softening of the dollar. However, the pair remains at a crossroads, awaiting fresh cues from the economic calendar, such as U.S. durable goods orders data, which is expected to show a 1% decline. A stronger-than-expected figure could boost the dollar, while a more significant drop might weaken it, though the effect on EUR/USD could be short-lived. The neutral stance in U.S. index futures partly reflects broader uncertainty, leaving open the possibility that shifts in risk sentiment could impact the dollar; a continuation of risk flows favoring safer assets might keep the USD under pressure. Good trading day!
28 Oct - 1 Nov EURUSD IdeaWant to see longs on EUR/USD but overall down trend is scary. SMT divergence on DXY is point for looking for longs. Will see additional confirmation after London Open and more after Monday close.
EURUSD ANALYSISEurusd has been bearish overrall and looks like nothing is gonna stop it.so what do we do you already know it right, ride with the trend, bearish engulfing candles and a chart patterns to ride the trend down at those resistant levels.. Risk management is key
EURUSD FORECASTTraders this pair is looking very Nice! Due how structures are formed. We need to be patient and wait to see how price will develop guys. As we always wait for the market to give us confirmation before we make any decision to execute.
#EURUSD - 28 OctOn Friday, I said to look for longs on a dip to 1.790. We saw a huge ranging for EURUSD, before a test of algo band on Friday at 8am EST before a sell down to 1.790, which is my buy level.
Price action looks bearish. IMO, I see a move up to 1.0810, and at that level, watch for a possible rejection of that level for a short opportunity for a move lower.
EU Short - similar to EG. looking to short EU if I get an impulse candle to the downside around POC / VA
EUR/USD Long Position (Short Term)Downtrend Channel in 4Hr frame, The Major trend at the moment is down, however, there is a demand zone below identified by the purple colour and line so a minor correction to the upside should happen at least to the supply zone around 1.08237 - 1.0855 before continuing the down trend
An opportunity to buy Eur/USDI know that the short-term trend is downward and due to the possibility of a war in the Middle East, there is a possibility that this drop will continue, but considering that the medium-term trend is upward, perhaps an opportunity to buy in the specified area will be provided.
Do not forget about capital management and be ready to buy in the specified area.
be profitable
