Go.....!!! Long EURUSD,EURUSD Getting change there character market are bending form bottom,
So we can go long for 76 pips reward .
Entry - 1.05594
SL - 1.05405 > Risk Only 18 PIPS
Target - 1.06360 < Reward 76 PIPS
EURUSD trade ideas
HelenP. I Euro will correct to trend line and then start to riseHi folks today I'm prepared for you Euro analytics. In the chart, we can see how the price some time traded between resistance 2, which coincided with the resistance zone and later started to grow the trend line. When the price reached this line, it turned around and started to decline and soon broke the 2nd resistance level. After this, the price continued to fall below the trend line and when it fell to 1.0765 points, the price turned around and rose higher than the trend line, breaking it. Then the Euro rose to 1.0940 points, after which made impulse down to one more resistance zone, which coincided with 1st resistance level. Price tried to grow, but failed and continued to decline next, breaking the 1.0680 resistance level. And recently it reached the trend line and at once rebounded and started to grow. For this case, I expect that EURUSD will correct to the trend line and then start to grow to the 1.0680 resistance level, therefore this level is my goal. If you like my analytics you may support me with your like/comment ❤️
Scalp Trade On $EURUSDCorrection Period on Elliott Wave 15M chart
Downtrend Overall on Weekly , Daily And 4H
Price Action Hit 4h Resistance Level and Small Retracement after touching the zone. No break of structure yet for a downtrend entry but if You want to get in early for a scalp sell order, Market Entry is doable with a TP at the Golden Ratio 61.8% on Fib Retracement.
*Not Financial Advice, Just my Opinion*
Lingrid | EURUSD reached DEMAND zone. Possible LONGFX:EURUSD has reached the psychological level of 1.0500. On the 1H timeframe, the market has formed a double bottom pattern. Currently, the price is moving sideways above this psychological level, which may indicate a slow down in selling pressure. It's worth noting that the price surged from the support zone about a year ago, which we can refer to as a demand zone since the price has returned to it after one year. I believe the market could create a complex pullback, especially considering that the TVC:DXY has reached a strong resistance zone. I anticipate some reaction from this zone, with the price likely pulling back toward the downward trendline. My goal is resistance zone around 1.06350
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURUSD Market Structure Analysis on 15 Time Frame4H swing is bearish.
M15 swing is bullish => Current is pullback
The current price is in the demand zone of the 15-minute time frame, so we can look for buying opportunities in this zone.
EURUSD Price Has Move To Support Zone Hello My Dear Traders Overview Of EURUSD And Bearish Pattern Feel Free And Check My Analysis.
Current Price 1.05381 If Price Approaches in Resistance Zone 1.05600 I will be Looking The Price Will move to support Zone And Reached to our Target Downward Target 1.04300.
As Always Fallow Plan For More Overviews Thanks Dear Traders.
EUR/USD LONG: The circus is back in townHello traders
DISCLAIMER: I am publishing my idea based on historical events, not on a partisan basis. My political affiliation is not important. What is important, is history and how it repeats itself.
This article sums up how I feel about the US election.
www.tradingview.com
I believe the "Trump trade" has already started to wind down but is far from over. The next four years and a bit will have daily headlines about disruptive, chaotic and sometimes ridiculous actions from the new administration. And probably some more scandal too. Nothing has changed.
Trump is not even inaugurated yet and he is already taking a sledge hammer to our public health system. Remember how he downplayed COVID 19? "Oh, we'll have a few cases" A MILLION+ American citizens dies because of his inaction.
And here we have RFK Jr., a known anti-vaxxer nominated as the Head of Human and Health Services. I believe in science and this is a slap in the face for a massive number of highly educated medical professionals and researchers. Or maybe just another way to cut public health spending since he will never be able to kill the ACA(Obama Care) as he has promised numerous times over the last 8 years.
And Matt Gaetz as AG? Republican senators did not know he was a lawyer. Aileen Cannon in the wings?
I am not digressing: I am trying to hammer home a point about what is to come and how it will affect the USD.
Investors have been wowed with the stellar performance of the US stock markets as they should have been. But American exceptionalism may take a hit over the next 4 years since the twin deficits and increased inflation will come into focus again if Trump Tariffs are implemented.
Interference and pressure on the Federal Reserve's independence is all but guaranteed.
The EURO is fundamentally at a disadvantage but technically it has found some support on the charts.
Best of luck all.
Gold seems to have found support and the DXY is retreating from the 10/23/2023 high.
I have taken a long position at 1.0533.
EURUSD short idea 1H time frame possible 1:2RRLooking to sell EURUSD for a possible 1:2RR
Entry : 1.05275
Stop Loss : 1.05842
Take Profit : 1.04633
Take profit 2 : 1.04108
Risk/Reward : 1:2
Note: Please follow if you like the idea ,appreciate your support :)
EURUSD TO 1.040We have three sell levels. The market might keep respecting the trend line on the 15 min time frame, then to break it for down. However, if the market went directly below 5050, we can sell below it, after being retested many times
EURUSD - A Big Picture Look At The $EURUSDA long-term look at the FX:EURUSD and two potential trading opportunities that exist depending on how price reacts at a current "decision point" in the market.
Given the amount of dollar strength that we've seen lately, I wouldn't be surprised if the bearish move was the opportunity that we saw come to life. But as mentioned in the video, our job as traders isn't to decide what the market wants to do, rather wait for the market to show it's hand & then capitalize on the available opportunity.
Please leave any questions or comments below & I wish you guys an enjoyable weekend.
Akil
EURUSD long termLong term trend on EURUSD still very much down. Lower low, lower high seems to have formed. Let's see how 1.05 holds. If it does not (and my money is on that) .... then let's meet at 0.95 or even 0.85. (All very long term, while Trump is not going to like it.)
Daily high and low predicted (=+10 pips) 10H+ before it happens.Predicting the Daily high and low (=+10 pips) 10H+ before it happens using ICT consepts
EURUSD - Potential Short ZoneOverall trend bearish for EU. Waiting for a pullback and retest previous AOI before shorting. Swing trade idea with RR 1:2.75/3
EUR/USD LONG: Completion of A-B-C structure soonBased on Elliott Wave Structure, I believe we are seeing the ending of wave C down move for EUR/USD. C wave itself is now on a 5th sub-wave.
EUR/USD : First Long, then SHORT! (READ THE CAPTION)Analyzing the #EURUSD chart in the daily timeframe, we can observe that the price is currently trading around the demand zone of 1.056. having declined over 500 pips from previous highs. This decline has brought the price into a significant demand zone between 1.0520 and 1.0580, where we anticipate a potential bullish reaction.
If the price manages to hold above this level, we can anticipate a short-term upward move. However, the overall trend remains bearish unless proven otherwise!
Fundamentally, the euro has been under pressure due to concerns over potential U.S. tariff hikes following Donald Trump's election victory, which could negatively impact the eurozone economy. Historically, the euro has fallen below the $1 mark twice, including for a few months in 2022 amidst rising U.S. interest rates and the energy price surge from the Ukraine war. A weak euro could raise import costs, potentially spiking inflation, though recent trends suggest inflation may not be a major concern. On the flip side, euro depreciation benefits exporters, particularly in Germany.
In summary, while the EUR/USD is currently in a bearish trend, the proximity to a significant demand zone and oversold technical indicators suggest a potential short-term upward correction. However, the overall trend remains bearish unless a sustained move above key resistance levels occurs.
THE MAIN ANALYSIS :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
EURUSD broke 13 month Low! Strong long term buy signal.EURUSD hit yesterday 1.0500, a price we last saw 13 months ago on October 13th 2023.
That is the bottom of the Rectangle pattern and it is technically a rare buy opportunity.
Additionally, it appears to be repeating the bearish wave of July - September 2023, which bottomed on step 4 and rebounded above the 0.618 Fibonacci extension.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.09235 (Fibonacci 0.618).
Tips:
1. The RSI (1d) is on a Rising Support, thus a Bullish Divergence. That is an additional buy signal.
Please like, follow and comment!!
Notes:
Past trading plan:
Will we witness parity in EURUSD?EURUSD - Daily analysis and trading strategy.
The new week begins with the G20 meeting in Brazil. It is possible to outline new directions for the development of the world, especially in the hotspots Ukraine and Israel.
On Monday, the ECB's President Lagarde speech is expected, where it should become clear whether there will be a change in interest rate policy in Europe after the election of Trump. Lagarde is likely to hint at a cut in the key interest rate.
The tariffs that the new team in the White House is expected to introduce to Europe and especially to its industrial part, such as Germany, are already having an impact. Factories will not be able to compete with Chinese and American goods. In addition, the market for goods from Europe is constantly shrinking, and the quality is falling.
Currently, 41.5% of German companies report a lack of orders. This percentage will increase significantly in early 2025.
A number of manufacturers from Europe are thinking about where to go. Possible locations are the United States, China, and possibly other countries such as Turkey and Southeast Asian countries.
The euro has no chance in the near term. The probability of Euro/Dollar parity is very likely even before January 20, 2025 (Donald Trump's Inauguration).
Therefore, our strategy remains to sell the euro with the aim of parity and down. If you are entering the market now, wait for the slight upward correction of 50-80 pips to re-open a short position. For this week, we expect the dollar to take a lead of 100-130 pips against the Euro.
Price reaching resistance Price reaching resistance and about to continue to be bearish and we review the Monthly , weekly and daily and price is decreasing .
eurusd long hedgers (commercial) have added to their sells this will push eu long for sometime look for entries after breaking daily fair value gap, open interest more than 600k so its along term move up
IDEA EURUSD LONG POSITION I TRADERS
Pair : EURUSD
Position : LONG ( BUY )
Entry Price :1.05800
STOP LOSS @ 1.05550
TP 1 @1.06050
TP 2 @1.06300
TP 3 @1.06550 ( Trailing SL )
EUR/USD Breaks 2023 LowEUR/USD Breaks 2023 Low
Today’s PMI figures were released and came in worse than analysts’ expectations. The Flash Manufacturing PMI and Flash Services PMI for both Germany and France fell below the 50.0 threshold, indicating that Europe’s economy is slowing down.
This weakened the euro further and exacerbated the situation on the EUR/USD chart, which has been in a downtrend since early October (as indicated by the red channel):
→ Earlier, support near the 1.0800 level (drawn through the spring-summer lows) was breached.
→ Today, the pair fell below the psychological level of 1.0500 and beneath the 2023 low.
Bears appear to be in control, with EUR/USD trading near the lower boundary of the channel. Arrows on the chart highlight that both the channel median and the 1.0500 level are acting as resistance.
On the other hand, bulls might find hope in the long lower shadow on today’s candle, which could signal emerging demand capable of providing support for the weakened euro.
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.
