Buy eurusdAlmost completed its bearish correction
Daily over sold
Trading in a strong buy trend
Just wait for a confirmation then enter into a buy trade
EURUSD trade ideas
EURUSD Swing Analysis (20-25/10/2024) EU looks very interesting. It would be nice to see how this one plays out as we have a lot of High impact news.
Will the EU resume the Bull run or extend the Bearish momentum to the weekly Strong lows.
EU is bullish on HTF, Price has recently taken out the key liquidity low and traded within our entry range. This entry range hold significant buying pressure as we have seen previous. For me to take clean buy's i would honesty look into the MSS and pull back before taking any trades. Anything is possible but so let's allow the market to decide.
EURUSD - ANALYSISHello friends
I want to share the EURUSD analysis with you
According to what I see in the chart, if the euro breaks the price of 1.08742 and range above this price, I expect the price to move up to 1.09700 .
Trade safe
EURUSD Trendline Breakout Ready for a Long BullHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD short setup basing me theory off weekly closure
im anticipating that we have further shorts into the new week
based also off how we are bearish on all accounts going from the weekly daily and 4h
targeting wick low
stops are tucked above daily highs at 24 pips
targets are 108 pips for a 4.5 return on investment
only position this week I will be taking
hoping everyone has an awesome week
EURUSD BULLISHNESS IS HERE TO STAYBeing in an uptrend, EU looking like it is ready to go up, as it has stalled over the week, we could see the continuation of the overall trend.
EUR/USD Pauses After Four-Day Slide as USD Rally EasesThe EUR/USD pair takes a breather on Friday, following a prolonged four-day losing streak, as the US Dollar's (USD) strong rally shows signs of slowing. The Euro attempts to stabilize after a tough week, with the pair hovering slightly higher, supported by a momentary pause in the USD’s upward momentum. Despite this pause, the outlook for the Greenback remains positive, particularly after Thursday’s encouraging US economic data, which continues to reinforce the idea of a resilient American economy.
USD Momentum Eases After Strong Economic Data
The US Dollar has experienced a robust run in recent weeks, driven by a strong economy and expectations of higher interest rates from the Federal Reserve. However, the rally took a pause on Friday, despite the release of better-than-expected US economic data. September’s Retail Sales increased by 0.4%, surpassing market forecasts, while the Initial Jobless Claims for the week ending October 11 came in lower than anticipated at 241,000, compared to an expected 260,000. These figures underscored the strength of the US labor market and consumer spending, further bolstering the Federal Reserve’s stance on maintaining elevated interest rates.
Even though the positive data continues to favor the USD, the currency’s upward trajectory has temporarily slowed, allowing the EUR/USD pair to consolidate after a sharp decline earlier in the week. This pause in the Greenback's rally offers the Euro some relief, though the broader trend remains USD-favorable in the near term.
Technical Outlook: EUR/USD Prepares for a Potential Rebound
From a technical standpoint, the EUR/USD pair is showing early signs of a potential bullish rebound. The pair has bounced from a critical demand area, suggesting that buying interest is emerging at these lower price levels. Furthermore, the Commitment of Traders (COT) report reveals a significant divergence between retail and institutional sentiment. While retail traders remain predominantly bearish, large institutional investors—commonly referred to as "smart money"—have begun to increase their long positions on the Euro. This discrepancy in positioning could signal a reversal in market direction, potentially favoring the Euro in the near term.
Seasonality patterns also support a possible recovery in the EUR/USD, as historical data suggests that the Euro tends to perform well during this period of the year. Taken together, the technical indicators and seasonal trends point toward a possible bullish setup, where traders might look to enter long positions, anticipating further upside movement.
Conclusion: EUR/USD Seeks Stability as USD Rally Temporarily Stalls
The EUR/USD pair has found some much-needed support after several days of losses, as the relentless USD rally slows down following strong US economic data. Despite the positive fundamentals supporting the Greenback, technical indicators hint that the Euro may be on the verge of a recovery. The rebound from key demand levels, coupled with institutional long positioning and supportive seasonality, suggests that the EUR/USD could be setting up for a bullish move. Traders should remain vigilant, as the pair’s next move will depend on evolving market conditions and the upcoming data releases that could further influence the direction of both currencies.
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EURUSD 20/10/24Following the bias we had on the Euro last week, the same outlook remains in place. Our high time frame bias on the daily chart is clearly bearish, supported by a strong downward movement. All the indicators are aligning with further price declines, and as you can see, the institutional trajectory is also pointing lower.
We are looking for a potential pullback to the supply area, where we would consider selling to target lower prices. This area is marked on our chart. If price breaks through the supply zone, we would then expect a rise towards some of the liquidity positioned above. However, if price does not break through and continues to drop, the next level we anticipate price stalling at is 1.08000, a key level that could serve as liquidity for the last low placed on the daily timeframe.
As always, our markup is kept simple to help you stay on the right side of the market without overcomplicating things. Remember, a straightforward system can still provide a consistent directional bias. You don't need a complex strategy to achieve this.
Trade safely, follow your plan, and stick to your risk management.
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURO CORRECTIVE PHASE STILL CONTINUES-ELLIOT WAVE ANALYSISCompleting its bullish cycle on 14 July 2008, this pair still fails to make a reversal trend.
Its corrective phase is going on since then.
Currently it is forming the wave 'C' which will lead a downward impulse.
Selling opportunity after a pullback should be the focus point for the traders.
EURUSD - Technical Analysis [Long Setup]🔹 EURUSD Analysis on 4H chart
- The current Trend is BEARISH
- There is BULLISH divergences
- Reversal pattern is present which is falling wedge
🔹 Trade Plan For 1HR
- Entry Level = 1.08750
- Stop Loss = 1.08339
- TP1 = 1.09170
- TP2 = 1.09653
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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EURO - Price can make retest, after exiting, and continue growHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few moments ago price entered to rising channel, where it reached $1.1080 level and broke it.
Then price some time rising in channel, until it reached resistance line, after which price started to decline.
In a short time, EUR exited from rising channel and continued to decline inside wedge, where it soo broke $1.1080 level.
Later, price fell to support line of wedge and then tried to grow, but failed and continued to decline.
After this, Euro broke $1.0905 level and fell to support line, but recently price bounced up, thereby exiting from wedge.
Now, I think that price can make a retest and then bounce up to $1.0940, thereby breaking resistance level.
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Analysis of EUR/USDAs we can see with the Dollar analysis, the same situation applies to Euro/Dollar.
On the daily timeframe, we observe strong bearish momentum.
During this movement, on the lower timeframes, the price has consistently grabbed liquidity (LQY) in the lower zones, and there is a strong possibility that this trend will continue.
What I would wait for is for the price to show me on Monday what it intends to do, so I can determine how to trade accordingly.
EURUSD: Important Supports & Resistances For Next Week 🇪🇺🇺🇸
Here is my latest structure analysis
and important support & resistance levels on EURUSD for next week.
Consider these structures for pullback/breakout trading.
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EURUSDbearish trend after double top formation
divergence appeared but diluted
trend continuation
instant buy with strict stop loss
The continuation of the downward trend of the euro...The price always likes to maintain its current trend and continue.
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EURUSD AT DEMAND ZONEEurusd at demand zone and price has retested. Price forming a double bottom and we can see a upwards move.
EURUSDI bet that is gonna be a short position but lets see how we open in the market tomorrow I hope we keep going in that direction but idk why I believe that maybe the market is gonna go up until Monday.
Won’t explain too much make your own analysis.
-TREND
-OB
-PA
EURUSD - P waveThe EURUSD is in an extended P wave. After forming a double top in August/September 2024 , price has moved 4 points lower.
The RSI suggests price is near a low , as it has printed within the OS zone.
However, price may well fall lower and test or break the supporting trendline.
Liquidity zones are at 1.0770 and 1.0660 , which are the nearest swing lows of the prior impulsive leg.
For next week, the bias is short to 1.0770.
EURUSD Stuck in a Range: Will the Oscillation Break or Hold?EURUSD has faced repeated resistance at the psychological 1.1200 level, unable to break through, leading to the formation of significant bearish candles. The pair remains trapped in a consolidation phase, with no clear breakout in sight. Meanwhile, the recent upward momentum of the DXY hints at mounting downward pressure on EURUSD. Given these factors, I anticipate continued oscillation within the current range, with my focus set on a downside target at the 1.10800 support level.
Traders, if you found this idea helpful or have your own insights to share, feel free to drop a comment. I’d love to hear your thoughts!
Momentum represents the decline
According to the momentum, the possibility of falling to 61.8 Fibonacci
The bigger correction up for EU has startedHi traders,
Last week EURUSD made the last leg down and started a (corrective or impulsive) upmove on Thursday for the bigger correction.
For next week we could see the upmove continue to minimal the 38.2 fib retracement.
Let's see what the market does and react.
Trade idea: Trade (short term) longs after the finish of a correction down and a change in orderflow to bullish again on a lower timeframe.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
