EURUSD_SPT trade ideas
EURUSD, What will happen in upcoming weeks ?Hello Traders, Happy new year in advance, I Hope you have a great year ahead with your family.
let's go for EURUSD analysis:
for upcoming weeks, we'll probably see an upward correction to Specified level at first and then it will start another fall. so with a proper trigger we can open a short position.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
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THANKS.
POSSIBLE SELL OPPORTUNITY ON EURUSDPrice showing signs of strong momentum. We look for the pullback to take the trade.
eurousd down trendSell EUR/USD from the current price (1.0425). Set the take profit (TP) at 1.0260 for a target of 160 pips, and the stop loss (SL) at 1.0479 for a risk of 50 pips.
Eurusd Rocking Towards BuyEUR/USD stabilizes at around 1.0400 on Tuesday following Monday's choppy action. The cautious market stance helps the US Dollar stay resilient against its rivals and doesn't allow the pair to gain traction as tradEUR/USD stabilizes at around 1.0400 on Tuesday following Monday's choppy action. The cautious market stance helps the US Dollar stay resilient against its rivals and doesn't allow the pair to gain traction as trading conditions remain thin heading into the end of the year. ing conditions remain thin heading into the end of the year.
How To Trade EUR/USD This Week In a Simpel WayThe euro was trading around 1.0409 within the downtrend channel forming since early December, above the 21 SMA, and below the 2/8 Murray.
The euro is in a downtrend channel. if it consolidates below 1.0409 in the next few days, it is likely to reach the 0/8 Murray located at 1.0253.
On the other hand, in case of sharp break above the downtrend channel and consolidation above 1.0420, we could expect a trend reversal to occur and the euro could reach 1.0498 and even the 200 EMA around 1.0535.
The key thing to keep in mind is that the euro has good support around 1.0376. We could expect a technical bounce above this area to take EUR/USD towards 3/8 of Murray located at 1/0620. On the contrary, below this key level, we could expect the euro to fall to 1.0253.
Short buying The EUR/USD trading chart is showing an upward trajectory, presenting a favorable setup for short-term buyers. The price action suggests bullish momentum, potentially driven by positive market sentiment or economic indicators. Traders might consider entering buy positions while closely monitoring resistance levels and market news for any potential reversals. Risk management strategies, such as stop-loss orders, are recommended to mitigate any unexpected market shifts. Keep an eye on key levels to lock in profits effectively.
DeGRAM | EURUSD growth in the channelEURUSD is in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel, the lower trend line and the support level, which previously acted as a rebound point.
We expect the chart to continue rising after consolidating above the nearest resistance.
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EUR/USD continuously Reject Resistance zone now want sell EUR/USD Analysis (H4 Timeframe)
Trend: Continuously moving in the selling zone.
Next Technical Target: 1,250.00
Resistance Level: 1,400.00
Stay focused and follow this idea for a big victory!
HelenP. I Euro will break trend line and continue to growHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price rose to the rend line, making a first gap, and the started to decline to the resistance level, which coincided with the resistance zone. When the price fell to this level, it broke it, and then some time traded near the 1.0625 level, after which continued to fall next. Later Euro fell to the support level, which coincided with the support zone, and then rose to almost the resistance level, making a second gap. After this, it made a small correction and then continued to move up to the trend lin, and when it reached this line, the price turned around and continued to fall. Some time later, EUR fell until to support level and then at once rebounded and quickly rose to trend line. Now, it trade close to this line and I expect that EURUSD will make little correction and then rebound up, higher than the trend line, breaking it and continuing to move up. That's why I set my goal at 1.0550 points. If you like my analytics you may support me with your like/comment ❤️
EUR/USD Under Bearish Pressure: A Market Analysis [Update]As anticipated in our previous analyses, the EUR/USD currency pair experienced significant downward pressure during the late American trading session on Wednesday, hitting its lowest point in almost a month, below 1.0350. Currently, while I am drafting this article, the pair has seen a minor rebound and is trading around 1.0410; however, the technical indicators still suggest a bearish outlook.
The price is nearing a critical area where it may continue to decline. Our analysis reveals an imbalance on the Daily timeframe that could signal a further downturn. For more detailed insights, please refer to the link provided below.
Following the last Federal Reserve policy meeting of the year, the central bank announced a reduction in its policy rate by 25 basis points, aligning with market expectations, bringing it to a range between 4.25% and 4.5%. In their accompanying statement, the Fed emphasized that they would take into account incoming data, the evolving economic landscape, and the balance of risks when evaluating future rate adjustments.
In the aftermath of the Fed's decision, the US Dollar (USD) gained substantial strength, leading to a sharp decline in the EUR/USD pair. Moving forward, our outlook suggests the potential for a new bearish correction in the market as we navigate these developments.
Previous close position SHORT
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EURUSD ANALYSIS FOR 2025Considering the macroeconomic factors I expect the price to continue to fall down.
What are the macroeconomic factors bringing me to this conclusion?
Let's look at the macroeconomic data.
EUIR - 2.3%. (Target 2%)
EUINTR - 3.15%.
EU02Y - 2.15%.
ECB will likely pause rate hikes in the short term, to ensure inflation continues trending towards 2%. German Prelim CPI m/m which indicates change in the price of goods and services purchased by consumers is expected to decrease 0.2% in 6th of January report release.
Rate cut by ECB may be considered depending on clear signs of economic weakness and further easing of inflation pressures. EU economy is currently facing challenges that may lead to a period of economic weakness indeed. Below are the points that contributing to this downturn:
1. High energy costs: Increases production costs for businesses and reduces disposable income for consumers, dampening economic activity.
2. Geopolitical tensions: Disrupted trade routes in Ukraine and Middle east impacting investment and economic stability.
3. Political instability: Delayed policy responses in France and Germany. Such as protests and unrests in France over pension reforms and labour policies delays structural reforms in areas like taxation and workforce modernization. In Germany coalition government faces internal political challenges that leads to delays on issues like energy policy, climate targets and fiscal strategies. Political infighting has already shown its negative impact on Germany's car industry, such as car giant as Volkswagen is planning to close at least three factories in Germany. The company is also considering reducing capacity at its remaining manufacturing sites
4. Trade uncertainties: The potential for global trade war under President Trump poses significant risks to EU's export driven sectors.
Quote from ECB president Lagarde: Europe is falling behind in innovation and productivity compared to the U.S. and China. EU specializes in outdated technologies; only 4 of the world's top 50 tech firms are European. Lack of unified digital market and venture capital investment hinders technological progress.19 Nov 2024
Additionally Goldman Sachs has revised its growth forecast for Europe downward, citing concerns over potential US tariffs and geopolitical uncertainties.
Considering the points mentioned which are based on the current information available of the ongoing political and economic situations I expect the EURUSD to fall and reach the rate of 0.9600 in the first place. Depending on the development of the current macroeconomic situation a new image will emerge in 2025 that will allow us to reanalyse the market conditions and identify potential trades.
I will share trade opportunities as they emerge.
EURUSD 1hrSL 1.0432
TP 1.0245
R:R 1:4
I would wait for the price to reenter the supply zone to open the trade.
Now price action is consolidating but I think the major market structure is on the downtrend with 1.0243 as final target.
My setup is based on support and resistance + 21 EMA. Mostly working on the higher timeframe to cancel all the noise focusing on major movements.
I got 4 max trades with 15% per trade using a leverage of 1:30
EURUSD Wyckoff Distribution Phase
EURUSD has been in a accumulation phase for over a year, and I believe that it is going into Phase E of the Wyckoff distribution phase.
My Best analysis This chart represents the EUR/USD (Euro to US Dollar) on a 1-hour timeframe. It highlights potential support and resistance zones along with a possible price target. Key observations include:
1. Resistance Zone (Green Box): This area represents a price level where upward movement might face rejection or resistance.
2. Support Zone (Pink Box): This area signifies a level where price may stabilize or bounce back if it falls.
3. Next Target: If the price breaks downward, the next potential target is marked at 1.03814.
EURUSD buy speculationRight now, it is a low-risk speculative buy for EURUSD. Breaking red and white downtrend line could indicate longer hold.
EURUSD Entry PointsAccording to the previous analysis, based on the weekly analysis, we can see that I am bearish biased on this currency before we have a massive bull run.
Based on the 4H timeframe, we can wait for the price to retract up a bit, take some liquidity sweeps at the REHs ~Relative Equal Highs~ (touch the -OB ~ Order Block~) and have our sniper sell entry at 1.047 with the Stop loss at 1.050. Incase the price does not retract there, we can have our second entry at 1.037 and SL at 1.045.
Let us wait and see what this pair will offer coming next week.
EURUSD (12H/4H): HIGH-RISK UPTRENDThe EUR/USD pair is showing signs of potential recovery from oversold conditions on the 4-hour timeframe. While the broader trend remains bearish, several oscillators are indicating the possibility of a short-term bullish reversal. Key support levels are holding firm, suggesting that buyers may soon step in to regain control.
Although the EUR/USD pair is under broader downward pressure due to macroeconomic factors, oversold conditions on the technical chart suggest a potential near-term rally. Subscribers should be cautious but open to opportunities for upside moves, especially if market sentiment shifts in favor of risk-on assets.
The EUR/USD is positioned at a critical juncture, with oscillators signaling a potential reversal to the upside. Subscribers are advised to monitor the 1.0332 support zone closely and consider taking long positions, targeting the 1.0450-1.0500 resistance levels. This setup presents a favorable risk-reward scenario for traders who align with the uptrend bias.
The pair remains in a downtrend, as confirmed by lower highs and lower lows, coupled with bearish signals from moving averages.
Current price action is consolidating near key support levels, suggesting indecision in the market.
OSCILLATORS
Stochastic %K (11.44) and Stochastic RSI Fast (12.91): Both are signaling a strong Buy, indicating the pair is deeply oversold and due for a bounce.
Commodity Channel Index (CCI) (-145.83): The CCI shows a clear Buy, highlighting a potential recovery from the current price levels.
Momentum (-0.00283): The Momentum indicator also flashes a Buy, suggesting a slowing of bearish pressure and improving upward momentum.
Williams Percent Range (-86.11): This indicator suggests oversold conditions, providing a Buy signal for the pair.
MOVING AVERAGES
Most moving averages show a bearish bias
The Hull Moving Average (HMA) is signaling a Buy
This indicates potential for short-term upside momentum
PRICE ACTION
The pair has consistently respected the 1.0332 major support level, showcasing a strong demand zone where buyers are stepping in to defend prices.
The short-term bounce from these levels aligns with the uptrend bias supported by oscillators.
SUPPORT
1.0332: Major support and a critical pivot low for buyers. Holding above this level is key to maintaining upward momentum.
1.0400: Minor support level offering immediate stability.
RESISTANCE
1.0450: The first key resistance level to test the strength of the recovery.
1.0500-1.0518: Strong resistance zone, aligning with the 200-period EMA and SMA.
TRADE RECOMMENDATIONS
Buy Entry: Look for long positions near the 1.0332-1.0350 zone, with a stop-loss below 1.0300 to limit downside risk.
Profit Targets:
Target 1: 1.0450 – First resistance level.
Target 2: 1.0500-1.0518 – Upper resistance zone aligning with key moving averages.
Confirmation Entry: Additional buying opportunities may arise if the pair breaks above the 1.0450 resistance, confirming further bullish momentum.
EUR/USD H1 AnalysisEUR/USD H1 chart Potential buying opportunity based on both technical and fundamental analysis. Technically, the price has recently bounced off a strong support area, suggesting possible upward momentum. The Ichimoku Cloud indicates bullish signals with price trading above the cloud. Key resistance levels are identified at 1.0410 (TP1) and 1.0450 (TP2) , providing clear take-profit targets for long positions. Fundamentally, recent economic indicators and monetary policy expectations from the Eurozone and U.S suggest strengthening of the Euro against the Dollar, supporting this bullish outlook. A stop-loss is strategically placed below the support to manage risk effectively in case of market reversals.
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
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EURUSD InsightHello, Subscribers!
It's great to have you all here. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- New York Stock Exchange: Experienced a sharp decline across the board as investors took profits ahead of the year-end.
- Kazuo Ueda, BOJ Governor: Predicted it would take considerable time to fully grasp the outlook for the U.S. economy.
- Ukraine: Decided to halt the transit of Russian natural gas to Europe via its territory starting December 31.
- Robert Holzmann, Governor of Austria’s Central Bank (ECB): Stated that rising natural gas prices and a weaker euro might delay the next rate cut.
Major Economic Events
+ January 1: New Year’s Day (Market Holiday)
+ January 3: U.S. December ISM Manufacturing PMI
EUR/USD Chart Analysis
The euro is currently trading sideways within the 1.03400 - 1.06000 range. In the short term, a bullish movement is highly likely, with the potential to reach the upper limit of 1.06000. However, significant volatility to break either the upper or lower boundaries of this range is not anticipated this week.
If unexpected volatility arises, we will quickly adjust our strategy accordingly.
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.
Shorting Euro DollarPrice has consolidated in SNR zone for the past few days. Creating a double top and a break of a counter trend line. Shorts incoming
Euro will exit from triangle and continue to growHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago entered to downward triangle and started to decline to the resistance level, which coincided with the seller zone. When the price reached this level, it broke it and continued to fall to the support level, which coincided with the buyer zone. After this, the price turned around and started to grow to a resistance level, thereby making a gap. Later, the price reached the 1.0630 resistance level, coinciding with the resistance line and then declining. Price also rose to almost the resistance line and then dropped to the support line of the triangle, breaking the support level. Euro some time traded below the 1.0400 level and later bounced up to the resistance line of the triangle, breaking this level again. At the moment, the price continues to trades near this line and I think that the Euro can correct to a support level and then rebound up, thereby exiting from the triangle. For this case, I set my TP at 1.0575 points. Please share this idea with your friends and click Boost 🚀
