EURUSD MARKET CONDITION Price consolidates in a tight market condition! We expect breakout soon in this pair, we keep a close watch to see what’s the next thing that may likely hapen?
EURUSD_SPT trade ideas
EUR USD - A SMALL FLY TO UP SIDE AFTER FILLING LIQUIDITYHERE we can see price maintained the liquidity level at support zone, now price will move at upside to fill the fvg gap, make a small long entry as shown, follow for updates and ideas, comment down your opinion have a nice day...
EURUSD POSSIBLE BUYThe market is currently testing the current Daily/Weekly area. Based on Daily and 4HR TF, the market seems to be forming a possible reversal pattern via price action.
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.
EURUSD SELLin this trade im looking to sell EU price has been tranding down now we have clear sell...
EURUSD accelerates its decline
After the EURUSD previous downward channel was adjusted horizontally, the trend quickly fell at the 1.045 line. So far, a triangle converged and broke down and opened the space below, returning to the short-term bearish trend. The overall trend is also consistent with the previous analysis.
The hourly line ended 4 rebounds. After a short-term downward adjustment, the upper line was under pressure and weakened again at the 1.041 line. The lower line tested the 1.038 line. If this position breaks down, the price will test the lower 1.035 line.
Overall, EURUSD is in the stage of downward adjustment. After the previous convergence and accumulation of momentum, the short-term bears dominate. If the market falls further, pay attention to the support near the middle track of the downward channel. In terms of operation, we still maintain the rebound short selling as the main focus.
EURUSD buy zoneEUR/USD 45-Minute Chart Analysis and Signal
The chart shows a potential bullish reversal pattern in the EUR/USD pair, with price movement indicating a possible upside breakout. Here’s the breakdown:
Analysis
Rounded Bottom Formation: The price appears to be forming a rounded bottom, signaling accumulation and potential bullish momentum.
Demand Zone: The area around 1.03732 - 1.03900 is a strong demand zone, acting as the base for the anticipated upward move.
Key Levels:
Resistance Levels:
1.04200 (Minor Resistance)
1.04578 (Major Resistance)
Support Levels:
1.03900 (Immediate Support)
1.03732 (Stop Loss Zone)
possibility of reaction...Hello friends.
According to the drawn lines,
I expect upward movement.
what is your opinion?
Good luck.
# Let's look simply
Buy Opp!Hello Traders and Happy new year. It's time to go up. Market hit an LOZ and made a PS, then it will go up through a Node. have a great time(wink)
EURUSD accelerates downward, testing 1.02
EURUSD has been weakening along the main trend recently, and the previous market analysis has been continuously confirmed.
From the current pattern, after the price broke under the pressure of the triangle convergence in the downward channel, it accelerated downward for the second time, testing the 1.03 support line below. If it falls below this position, it will test 1.026 and 1.024 below.
The upper resistance line of 1.034 is suppressed. If the price rebounds and breaks through this area, the euro/dollar market may form a wide consolidation at a low level in the future, and the price may return to the 1.045-1.05 area again.
Overall, the euro/dollar trend is in the stage of accelerating downward in the downward channel. It is recommended to arrange short orders under the pressure of 1.034 when rebounding.
EUR USD Trade Setup 1 hour timeframe EUR USD has broken a major key support level on the 1 hour timeframe forming a breakout and a retest pattern.
Lets wait for the price to pull back to the retest level then enter based off solid candlestick confirmation pattern.
EURUSD- Sell below 1.03400EUR/USD has shown a minor pullback once gained after forming a bottom near 1.03400. It hit a low of 1.03393 and is currently trading around 1.03400.
It is good to sell below 1.03400 with a stop-loss at 1.0380 and a target price of 1.02400 for potential gains.
EUR USD BUY Entry Setup 1 hour timeframe EUR USD is bouncing from a support level after forming a Double Bottom Pattern.
DXY US dollar Index is also dropping from a supply level after forming a Double Top Pattern.
This trade is targeted to a RR: 1:2 - 1:3
EURUSD 30 min we see price reacting bearish to fib retracement, we will see if it continues bearish and reaches our take profit
EURUSD 30/12/24We are back for one last market update before 2025 is here!
Due to low market volume we still have the same markup here on EU this brings us to the same ideas and same setups the we had from last week, because we are so close to the new year we know volumes are low and liquid will not likely be running at its normal levels leading us to believe, these areas may remain into the new years trading session. *last weeks markup information for more context on the chart.
EUR/USD Update: Final Week of Trading Before the New Year
As we head into the last week of trading before closing shop for the year, here’s a recap and outlook:
Last week, we called a short after identifying our "money out" level. With a daily bearish bias and liquidity sitting above the highs, we outlined a clear sell scenario. The market delivered exactly as expected.
Looking ahead to this week, our bias remains unchanged, and the principles stay the same. We are targeting deeper moves lower, focusing on the daily low at the base of the current range. Following the same approach, we anticipate the highs to be swept first, creating opportunities to enter and ride the price down to key lows.
Currently, we have a potential high forming near the centre of the range, but this is unconfirmed for now and remains a possibility. Keep an eye on all the marked highs—we’re waiting for a sweep of these levels, which could trigger the final market move of the year. If an entry presents itself, we’ll look to trade lower.
Stay disciplined, trade your plan, and manage your risk.
Short-Term Long Opportunity on EUR/USD with Favorable Risk/RewarThe EUR/USD pair offers a good short-term long opportunity with a solid risk-to-reward ratio.
Risk Management:
Always use a Stop Loss below the support zone.
Never risk more than 1-2% of your total capital.
Limit exposure to 20% of your total capital in active trades.
Good luck and Happy New Year 2025!
EUR/USD: Bearish Bias as Eurozone Weakens Against U.S. StrengthThe EUR/USD pair continues to present bearish opportunities, with a confluence of fundamental and technical factors pointing toward further downside. Here’s why I’m maintaining a bearish outlook as we close out 2024.
Fundamental Overview:
1. Eurozone Challenges:
• The European Central Bank (ECB) cut interest rates by 25 basis points on December 12, the fourth cut this year, bringing the deposit rate to 3.00%.
• Inflation in the Eurozone has cooled to 2.3%, down from a staggering 10.6% in 2022, allowing for looser monetary policy. While this helps stimulate growth, it highlights persistent economic weakness.
• Additional pressures such as political instability in France and looming U.S. trade tariffs have further dampened business confidence, leaving the Euro vulnerable.
2. U.S. Resilience:
• Meanwhile, the Federal Reserve is keeping rates higher for longer, signaling a cautious approach to rate cuts in 2025.
• The U.S. economy continues to impress with strong growth and a robust labor market, boosting the dollar’s appeal.
• This divergence in monetary policy adds fuel to the dollar’s strength against the Euro.
Directional Bias:
The combination of aggressive ECB easing and the Fed’s steady hand creates a clear bearish bias for EUR/USD. With the Eurozone economy struggling to gain traction and the dollar benefiting from a strong U.S. outlook, the path of least resistance seems downward.
Technical Breakdown:
Looking at the chart, the bearish case aligns perfectly with the technicals.
Why This Matters:
This isn’t just about catching a short-term move—it’s about understanding the macro story. The Eurozone faces an uphill battle with slower growth and weaker confidence, while the U.S. remains an economic powerhouse. The technical structure reinforces this narrative, giving us a clear path for action.
EURUSD Elliot Analysis 1. Five-Wave Impulse Pattern:
The chart shows a clear five-wave impulsive move downward, labeled as (i), (ii), (iii), (iv), (v).
This indicates that a downward trend completed its impulsive phase.
2. ABCDE Correction:
The correction phase has begun, marked as (a), (b), (c), (d), (e), forming a potential triangle or contracting pattern.
Each wave within the correction alternates direction, staying confined within the triangle's converging boundaries.
3. Wave (e) in Progress:
Currently, the price appears to be completing wave (e), which is the final leg of the corrective triangle.
The next move could break out of the triangle, resuming the downward trend in alignment with the previous impulsive wave.
4. Future Projection:
If this is a classic Elliott Wave triangle correction, a significant impulsive move is expected to follow, likely continuing the downtrend.
The projected target for the next wave is drawn below, indicating a bearish continuation.
5. Key Levels:
Resistance: The upper trendline of the triangle.
Support: The lower trendline of the triangle.
This setup suggests that traders should watch for a breakout confirmation, as the price is nearing the apex of the triangle. A break below the lower boundary would indicate a bearish continuation, while a breakout above the upper boundary could invalidate this bearish outlook.
EURUSD UPDATE ON POSSIBLE SHORT TERM LONG.EU continues to decline towards previous current lows which we are now looking @ 1.02914 as our next target zone for a short term LONG POSITION ON EU.
Update: EUR/USD Downward Movement to Continue?In my previous analysis, I highlighted the potential for bearish continuation, targeting the sell-side liquidity (SSL) below.
As anticipated, the price respected the retracement into the Daily FVG and Fibonacci zones, sweeping liquidity by taking out the highs. This reaction confirmed bearish intent. On the lower timeframes, a clear entry opportunity emerged, and the pair has since moved lower, heading toward the anticipated SSL target.
The bearish structure remains intact, with the next key area of interest around the liquidity pool below.
This setup took a week to deliver an entry, but the rewards were definitely worth the wait! This goes to show that patience is essential in trading—there’s absolutely no need to trade every day to succeed.
Trade safe!
EURUSD IS BULLISHI haven't started trading for the year again. I'm just looking at the chart and I still believe in bullish EUR. I will still give every reason for my conviction but that will be later. If you can, enter the trade cos it will perform.
EUR/USD at supportThis is a long EUR/USD trade idea based off the past 2 years trend channel support and resistance levels. Also, the stochastic indicator is oversold on the weekly chart. Simple and straight forward.
1: 3 ratio
Long = 1.043
Stop = 1.033
Profit = 1.073
