EURUSD on Support ZoneEURUSD is again in the same support zone where the price was rejected many times. The trend line under the price acts as support, which will help the bulls to gain strength against bears. As per the candlestick pattern I recommend it as a bullish setupLongby KhanFx12225
EURUSD Possible BUYThe market is currently testing the current Weekly Fib area 0.786 and 0.6. Based on Daily TF, the market seems to be forming a possible reversal chart pattern. We could see Buyers coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Longby WiLLProsperForex3
Potential bullish reversal?EUR/USD is falling towards the support level which is an overlap support that aligns with the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.0775 Why we like it: There is an overlap support level that aligns with the 78.6% Fibonacci retracement. Stop loss: 1.0719 Why we like it: There is a pullback support level. Take profit: 1.0871 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets5
Potential bullish reversal?The Fiber (EUR/USD) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 1.0775 1st Support: 1.0720 1st Resistance: 1.0868 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets7
#EURUSD - 23 OctEURUSD moved almost as per plan given yesterday; a pullback into the PZ before a flush down. Bearish price action. My price target given yesterday is 1.0745 and would keep to that, especially in this bearish environment. IMO, EURUSD could 1.0810 or even 1.0824, but it would be a good level to look for rejection and a short to target 1.0741. I would look for price to base between 1.0741/65 to look for a recovery.by FadeMeIfYouCan0
EUTF: 15 Min Might see a retracement on EU after price dips a bit more. Overall price is still bearish, but a pullback may occur, so keeping an eye on price action may lend a nice scalp long or waiting for a pull back for a entry shortby MC_Mike_Trading2
EURUSD: Recovery then decline?Hello dear friends! What do you think if EURUSD continues its downtrend in the future? This will be a long-term analysis for this currency pair. On the chart analysis: Ben sees that a double top pattern has formed (clearly indicated from the chart) which marks a strong fight from the sellers as they try to push the downtrend back. Furthermore, using Fibonacci retracement levels to measure the retracement of the first wave (blue area), the downtrend is expected to continue after reaching the 0.618 retracement level. If the price action of this currency pair plays out according to this trading idea, the 1.0910 and 1.0779 levels will be targeted by the sellers. What about you? How do you feel about the future trend of EURUSD? Share in the comments!Shortby BentradegoldUpdated 5
Falling Fast: Is EUR/USD Aiming for New Lows?he weekly chart is showing strong bearish momentum after the break below the 1.08660 support level. Right now, price is sitting just above 1.08000, and that 200-day EMA (around 1.08711) above us is acting as strong resistance. With price breaking through the previous key support, this pair is in a clear downtrend. The next key level to watch is 1.07233, which could act as a strong support zone if we continue to drop. On the daily chart, price continues to grind lower, riding that downward channel, and we’re firmly below both the 21-day EMA and the 200-day EMA, which is only reinforcing the bearish sentiment. What I’ll be looking for is a clean retest of the 1.08660 level, which used to be support but now should act as resistance. If we get that retest and the bears hold, I’m jumping into a sell position with a target around 1.07233, and I'll keep an eye on price action for a further push to 1.0600 if the trend keeps pushing. On the 4-hour chart, EUR/USD has been in a clear downtrend, with price consistently making lower lows and lower highs. We see price respecting the 21 EMA, which is acting as dynamic resistance here. The most recent candles are showing some consolidation around 1.07980, indicating a potential brief pause before the next leg down. What I’m watching for on the 4-hour is a retracement back towards the 1.08660 resistance zone. If price pulls back to retest that zone and fails to break above it, that’s where I’ll be looking to re-enter short positions. The 200 EMA on this timeframe is still sitting higher up, so we’re in strong bearish territory with some room to go. If we don’t get a pullback, and price continues its descent, the next stop for sellers is the 1.07233 level. So, overall on the 4-hour, I’m eyeing that retracement for a clean entry or continuation down toward our take profit targets.Shortby SheenaL1
EURUSD Daily Bullish 4 CD legs I am trading the CD legs of 4 bearish patterns that are in play. I am anticipating a move into my upside target area where all the bearish patterns will complete simultaneously. Longby Divi6
EURUSD with two probabilities for 10/23/2024EURUSD with a high probability to make the decision for 10/23/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.Shortby Abderrahmane_241
#eurusd #elliottwave long buy setup wave b 23Oct24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.Longby alibadshah884
EUR/USD AnalysisOn the weekly chart, we can see that the Euro is moving toward liquidity (LQY) zones, in the opposite direction of the Dollar. Before a higher low is formed, the Euro has 3 major liquidity areas. On the daily chart, we see very strong bearish momentum, which will most likely continue throughout the week. On the hourly charts, the bearish structure continues.by andricstrahinja950
10.18.2024 BULLISH EURUSDBullish bias for next week on EURUSD Following beginning stages of learning ICT methodology. Consider this Kindergarten level observations to understand the Algo before migrating to futures. Longby KevinsUpdated 229
EURUSD: On the 1 year HL support. Rebound expected.EURUSD turned oversold oversold on its 1D technical outlook (RSI = 28.128, MACD = -0.006, ADX = 71.753) as the price even crossed under the 0.618 Fibonacci level and is approaching the HL Zone, the lower level of which started 1 year ago (on the October 3rd 2023 low). The 1D RSI is oversold for the 3rd time since then, which is alone a huge bullish signal. We expect at least a short term rebound to test the 1D MA50 (TP = 1.09800). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope5541
EUR-USD Support Ahead! Buy! Hello,Traders! EUR-USD is falling down But the pair will soon hit A horizontal support of 1.0770 From where a local bullish Rebound is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals447
EUR/USD calm as Lagarde says disinflation on the right trackThe euro is showing limited movement on Tuesday. In the North American session, EUR/USD is trading at 1.0806, down 0.07% on the day. Earlier, the euro fell as low as 1.0800, its lowest level since Aug. 2. The European Central Bank has been aggressive in its rate-cutting cycle and has trimmed 75 basis points this year. The key interest rate has been brought down to 3.25%, its lowest level since February 2023. There is room for further cuts, as the eurozone economy is struggling and inflation has dropped to 1.6%, comfortably below the ECB’s target of 2%. ECB members are sounding optimistic about deflation, which is necessary for the central bank to continue cutting rates. ECB Governing Council member Peter Kazimir said on Monday that he expects inflation to drop to the 2% target in 2025. Kazimir said he was “increasingly confident that the disinflation path is on a solid footing”. This optimistic view was echoed by ECB President Lagarde on Tuesday. Lagarde reiterated that she expected the inflation target to be reached in 2025 and that the inflation numbers were “relatively reassuring”. Still, Lagarde added a note of caution, saying that services inflation was at 3.9% and the inflation battle was not yet won. The Federal Reserve is expected to continue cutting rates in the final two meetings of the year, but by how much? The Fed showed its aggressive side last month when it started its rate-cutting cycle with a jumbo cut of 50 basis points. San Francisco Fed President Mary Daly said on Monday that the September rate decision was a “close call” and she expected further rate cuts in order to prevent the labor market from continuing to weaken. EUR/USD tested resistance at 1.0833 earlier. Above, there is resistance at 1.0854 1.0793 and 1.0772 are providing supportby OANDA0
9RR EURUSD TRADEwe are awaiting a decent pullback on the daily timeframe, we hit a 4H imbalance and created a 15min choch to the upside, I will be holding this and taking partials along the wayLongby dazza1297
Usd /eurUsd/eur looks bullish in daily time frame First Target is market in the chart above that can make nice up move. Disclaimer: this is only for education purpose please make own analysis and trade safe.Longby harish2104gowda0
EURUSD The Target Is UP! BUY! My dear followers, This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0807 Bias - Bullish Safe Stop Loss - 1.0748 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0902 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Longby AnabelSignals118
EURUSDPair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure Fibonacci Level - 78.60% Double Top Demand Zone by ForexDetective6
EURUSD: Strong Bearish Sentiment 🇪🇺🇺🇸 EURUSD will most likely continue falling with a violation of a strong intraday horizontal support. The next support is 1.0793. It will be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader118
EURUSDEURUSD is in reversal mode. Bearish divergence also shown in RSI. we wait for more confirmation. If price break the last LH then we will execute trade.Longby Naqash913
Buy eurusdWeekly buy trend Daily fresh strong demand level More chances to pump buy Minimum target 200 pipsLongby forexagent9