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USDEUR trade ideas

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Lastly I would like to add this previous lecture to this post, I'm sure will be useful for you... The Psychology Of Trading How To Manage Your Emotions and.. The Benefits of Keeping a Trading Journal for Your Psychology ✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Education
by FOREXN1
1
EURUSD The Target Is UP! BUY! My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0782 pivot level. Bias - Bullish My Stop Loss - 1.0748 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0842 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EUR/USD 1-Hour Chart Breakdown🚀 EUR/USD 1-Hour Chart Breakdown 🚀 Current Price Levels: Right now, EUR/USD is around 1.0777. Key levels to watch include 1.08108 (resistance) and 1.07463 (support). These levels could be crucial for breakouts or reversals. Recent Trend: We had a significant drop, followed by a slight recovery that seems to be consolidating. It looks like price is moving within a range between 1.07463 and 1.08108. Potential Moves: Bullish: If we break above 1.08108, it could signal more upside momentum. Bearish: If it drops below 1.07463, the downtrend might continue, targeting lower levels like 1.07178. For now, it's in a bit of a consolidation zone. Keep an eye on those support and resistance levels to catch any big moves! 📊👀
by mubeenbinsaddiq
EURUSD SELL | Idea Trading AnalysisEURUSD is moving on support zone The chart is above the support level, which has already become a reversal point twice. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
5
EUR/USD tumbles below 1.0800 on Trump’s tariff planThe EUR/USD pair has declined amid a renewed demand for the US Dollar (USD) during Friday's Asian trading session. Additionally, Donald Trump's proposed tax increases have put pressure on the Euro (EUR) against the USD. Traders are now awaiting the US November Michigan Consumer Sentiment data for further market direction, along with a speech by Federal Reserve official Michelle Bowman later this week. Looking at the technical chart, the EUR/USD pair is currently in a downtrend, trading around 1.0780, down 0.2%. With resistance at 1.080, the pair has faced difficulties and has dropped to the support level at 1.071. Given the current factors, there is a possibility that the EUR/USD pair could break this support level and continue moving lower. Investors need to closely monitor economic data and comments from the Fed to catch any new signals from the market.
by Alisa_Rokosz
EURUSD Daily Pivot Points AnalysisEURUSD Daily Pivot Points Analysis Daily R3 - 1.0959 Daily R2 - 1.0892 Daily R1 - 1.0847 Daily Pivot Point - 1.0780 Daily S1 - 1.0735 Daily S2 - 1.0668 Daily S3 - 1.0624 ✅Today's price stands at the Daily Pivot Point - 1.0780 without showing signs of bulls and bears. 📈A move above the Daily Pivot Point - 1.0780 can push the price to Daily R1 - 1.0847 but I don't see the price rising further for today. From the Daily R1 - 1.0847 the price can move down again to the Daily Pivot Point - 1.0780 📉A move below the Daily Pivot Point - 1.0780 can push the price down to Daily S1 - 1.0735 but I don't see the price declining further for today. From the Daily S1 - 1.0735 the price can move up again to the Daily Pivot Point - 1.0780 ——————————————————- ——————————————————- A pivot point is an intraday technical indicator that's used to identify trends and reversals in equities, commodities, and forex markets. Pivot points are calculated to determine levels in which the sentiment of the market could change from bullish to bearish and vice-versa. ——————————————————- ——————————————————- You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
by KlejdiCuni
1
EURUSD_116 2024.11.08 06:03:07 Trading Signal SELLFrankPro Signal for EURUSD_116 Type: Screen Signal: SELL TP: 1.07451 SL: 1.07901 Entry Price: 1.07826 Analysis for EURUSD Forecast Overall(Short-Term, Long-Term): ST= Strong Down LT= Strong Up Forecast Methods(Short-Term, Long-Term): ST=Down LT=Up ST=Down LT=Up ST=Down LT=Up Analysis Method(0) Based on the provided analysis, here are my conclusions for the EUR/USD pair: **Short-term (next few days):** * The price is expected to go down, with a potential test of the support area near 1.0685. * A break below 1.0704 could signal further declines to 1.0660 and 1.0645. * However, there is a possibility of a corrective advance, with a potential rebound from the lower border of the bearish channel and a rebound from the bullish trend line on the RSI. * The upside is capped by the 50-day Exponential Moving Average (EMA) at 1.0830, adding to the selling pressure. **Long-term (next few weeks/months):** * The overall trend is bearish, with the pair trading below a flat 100 Simple Moving Average (SMA) and a firmly bearish 20 SMA. * The ECB's cautious stance on monetary policy and weak German data suggest limited near-term support for the euro. * However, the analysis mentions a potential growth towards the area above 1.0925 following a rebound from the support area near 1.0685. * The impact of economic data and ECB policy on the pair's long-term trend is uncertain and will depend on future developments. In summary, the short-term outlook is bearish, with a potential test of the support area near 1.0685, while the long-term trend is also bearish, but with a possibility of a rebound and growth towards the area above 1.0925. Result: ST=Down LT=Up Analysis Method(1) Based on the analysis, here are my predictions for the EUR/USD pair: **Short-term (next few days/week):** The price is expected to **go down**. The technical outlook suggests further losses, with potential to revisit the June low of 1.0666 and possibly the 2024 low at 1.0600. The pair has broken below all its moving averages, and technical indicators are firmly bearish despite being in oversold territory. **Long-term (next quarter/12 months):** The price is expected to **stay the same** or **go up slightly**. Long-term forecasts indicate the EUR/USD could trade at 1.08 by the end of the quarter and around 1.06 in 12 months, according to Trading Economics' global macro models. This suggests that the current downward trend may be reversed in the long term, with the pair potentially rebounding from its current lows. Please note that these predictions are based on the analysis provided and are subject to change as new data and events become available. Result: ST=Down LT=Up Analysis Method(2) **Short-term Analysis (Next 24-48 hours)** Based on the current market conditions and forecasts, I expect the EUR/USD price to **go down** in the short term. The bearish momentum, as indicated by the technical analysis, suggests that the pair may continue to decline, potentially testing support levels around 1.0665 and 1.0645. The strong US dollar sentiment, weak Eurozone economic data, and the upcoming Federal Reserve's decision on interest rates (expected to include a 0.25% rate cut) may further contribute to the downward pressure on the euro. **Long-term Analysis (Next week and beyond)** In the long term, the outlook for the EUR/USD pair is more uncertain. While the current bearish momentum may persist in the near term, there are potential upside risks that could lead to a rebound. If the pair holds above key support levels, some forecasts suggest a potential upward movement above 1.0925. Additionally, the impact of the US presidential election and the subsequent policy decisions may lead to a shift in market sentiment, potentially benefiting the euro. Therefore, in the long term, I expect the EUR/USD price to **stay the same** or potentially **go up**, depending on the outcome of the upcoming events and the overall market sentiment. Please note that these analyses are based on the available data and forecasts, and the actual market movements may differ. Result: ST=Down LT=Up
Short
by orbborisson
Fundamental Market Analysis for November 08, 2024 EURUSDEvents to pay attention to today: 17:00 EET. USD - UoM Consumer Sentiment 18:00 EET. USD - FOMC Member Michelle W. Bowman Speaks EURUSD: The EUR/USD exchange rate is declining towards 1.07800 due to increased demand for the US dollar during Asian trading hours on Friday. Furthermore, the prospect of increased tariffs under the Trump administration is exerting downward pressure on the euro relative to the US dollar. Analysts anticipate further market movements based on the release of the expanded Michigan consumer sentiment data for November, as well as a speech by Federal Reserve (Fed) chair Michelle Bowman on Friday. As anticipated, the US Federal Reserve reduced its key interest rate by 25 basis points at its November meeting on Thursday. The US central bank is keen to avoid any further weakening of the labour market and still anticipates a gradual decline in inflation towards the Fed's 2% target. It is anticipated that the Fed will continue to reduce interest rates at forthcoming meetings, although the precise timing remains unclear. The Fed will continue to assess data in order to determine the appropriate pace and direction of interest rate cuts. Mr. Trump has pledged to impose a 10% tariff on imports from all countries, which has exerted downward pressure on the euro. The European Union has the second-largest trade deficit with the United States in the world and is the largest exporter to the United States, according to JPMorgan. Furthermore, the European Central Bank (ECB) is reducing interest rates at a faster pace than the Federal Reserve. This may result in a depreciation of the euro against the US dollar. The ECB has already reduced rates three times this year due to declining inflation risks in the Eurozone. Growing expectations of another rate cut are contributing to the euro's decline in the near term. Trading recommendation: We follow the level of 1.08000, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.
by Fresh-Forexcast2004
1