USDEUR trade ideas
EUR/USD Consolidates: Jobs Report Key Next
EUR/USD is steady at $1.0382, awaiting the U.S. non-farm payrolls report. Markets expect the U.S. unemployment rate to stay at 4.1% with 170,000 jobs added in January, but population growth revisions could add volatility. The Euro faces pressure as the ECB remains cautious amid inflation and growth concerns. Traders await clearer signals from U.S. data and ECB guidance. A strong U.S. jobs report may push EUR/USD lower, while a weak one could support the Euro.
From a technical perspective, resistance levels are at 1.0400, 1.0460, and 1.0515 if the price breaks higher. On the downside, support is at 1.0350, followed by 1.0220 and 1.0180.
EURUSD Trading Opportunity! BUY!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.0375
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0389
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
HelenP. I Euro will correct to support level and then start growHi folks today I'm prepared for you Euro analytics. Some time ago, the price rose close to the resistance level but then made a small correction. After that, it quickly climbed to the resistance level again. The Euro broke this level, which coincided with the resistance zone, and traded near it for some time before breaking it once more and starting to decline. In a short time, the price dropped to 1.0380 and then rebounded back to the resistance level, after which it reversed and continued to decline. Soon, the price reached the support level, which coincided with the support zone, broke it, and made a strong gap down, falling to the trend line. Then, the Euro started to move up within a pennant pattern, where the trend line acted as a support. Soon, the Euro reached the support level and broke it once again, then made a retest and continued moving higher. Later, it climbed to the resistance line of the pennant pattern, turned around, and quickly fell to the support level before resuming its upward movement. Currently, the price is trading near the trend line, and I expect EURUSD, after a break out of the pennant, to correct to the support level. After that, it may reverse and start rising toward the resistance level. In this scenario, my target is set at 1.0465 level. If you like my analytics you may support me with your like/comment ❤️
EURUSD third wave finished? We probably see a finish of the third wave if the 50% holds.
If this is the case we are probably going to see a wave 1=5 situation before correction and further uptrend.
EURUSD: Another Breakout Trade OpportunityThe 📈EURUSD pair recently surpassed a key horizontal resistance level on both the daily and intraday charts.
Upon retesting this level, a cup and handle pattern emerged, signaling a potential bullish continuation.
A breakout above the pattern’s neckline serves as a strong confirmation for further upward momentum.
I expect the price to continue rising today, with a potential target of at least 1.0440.
EURUSD H4Fx Market is all about Sl not Tp. in consoledating market u have to Give money to the market but the key point is about taking again and again with suitable Risk Reward ratio.
so I take this Eurusd again course I had sl last week. let see what happen next <3
eurusdas we know nfp will take place tomorrow so keep that in mind , 1:4 rr will be ok on these downside ideas
EurUsd might sell if NFP touches SUPPLY ZONEEuro USD is currently consolidating between the supply and demands of the daily timeframe if NFP Riches supply zone there is a possibility that I will be going for a short otherwise I will stay out of the market
EURUSD LongI am long once again, after yesterdays target of 25 pips, this trade we are looking at another 33 pips target, i will be trailing my stop loss.
PRE-NFP LONG EURUSD TRADING IDEAI'm positioning a long trade on EURUSD in anticipation of the upcoming NFP event, with the following setup:
Entry: 1.03840
Stop Loss (SL): 1.03660
Take Profit (TP): 1.04418
Trade Rationale:
With the NFP report on the horizon, volatility in the USD is expected to increase. This setup is based on the technical analysis that shows a bullish structure on EURUSD. By going long, the strategy aims to benefit from a potential shift in market sentiment where a weaker USD could push the pair higher. The entry is timed at a key level that has historically acted as a support, while the stop loss is positioned just below to mitigate risk.
Strategy Considerations:
Risk Management: A tight stop loss is placed to limit exposure if the market moves against the position.
Market Monitoring: Given the high impact of the NFP report, it's crucial to keep an eye on the news and adjust the trade if necessary.
Risk-to-Reward: The setup offers a favorable risk-to-reward ratio, with the take profit level providing a substantial target relative to the defined risk.
This trade is designed to capture the momentum shift expected from the NFP data, with a well-defined entry, stop loss, and take profit structure. Happy trading!
EUR/USD*NFP OUTLOOK*
Looking for a double top that is going to take us down to the 50% area. I believe this will take place during #NFP. When we reach the 50% area (over sold area) I will be looking forward to buy to the upside to clear the liquidity made by the double top formation.
EUR/USD Bullish Trade Setup Based on CHoCH and Strong HighThis analysis highlights a bullish trade setup on EUR/USD, following a Change of Character (CHoCH), signalling a potential trend reversal to the upside. The price structure suggests a pullback to a demand zone before continuing the upward momentum.
Entry Price: 1.03832 (Expected pullback zone)
Take Profit (TP): 1.04432 (Strong high, potential resistance)
Stop Loss (SL): 1.03532 (Below the demand zone for protection)
Risk-to-Reward Ratio: 1:2 (Aiming for twice the risked amount)
This trade is structured to capitalise on a retracement before a bullish continuation, aligning with market structure shifts. The CHoCH breakout confirms the transition to a bullish bias, making this an optimal trade with a favourable risk-reward ratio.
EURUSD Will Go Lower! Sell!
Take a look at our analysis for EURUSD.
Time Frame: 15m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.041.
The above observations make me that the market will inevitably achieve 1.038 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD ENTRY IDEAThe overall trend is bullish,but the DAILY CLOSE is showing us a REVERSAL SIGN + The Fact that its around a POI, also we have an inducement as a confluence,coming from a SUPPLY area at 30mins, also the DXY is BEARISH, but closed with an INVERTED HAMMER CANDLE,which we expect market to fill. If this matches with your Idea, you can add to your watch-list, A 1r to 7r trade, update would be given in the UPDATE SECTION.
EURUSD: One More Breakout TradeThe 📈EURUSD pair recently broke through a key horizontal resistance level on both daily/intraday charts.
On retesting this level, a cup and handle pattern was formed, indicating a potential bullish trend.
The breakout of the neckline of this pattern is a strong signal for further upward movement.
I anticipate that the price will continue to rise today and potentially reach a minimum of 1.0440.
UPDATE ON EUR/USD RUNNING TRADESEUR/USD 1H - What a lovely site to wake up to, as you can see price has played out perfectly trading into our zone and activating our pending order. We have now seen price break the last high as well.
This suggests that the low price set to activate our trade would be considered a protected low and we shouldn't see price trade below, meaning anyone got in yesterday with the aggressive trade should be safe of an SL hit and can look to move SL to Entry.
Aggressive trade is currently running + 40 pips. (+ 2.5%) 2.5RR
Pending Order is currently running + 20 pips. (+ 1.3%) 1.3RR
Please ensure you are applying safety measures with your trade and you are taking partials throughout as well. It is important you manage your trades right.
A big well done to anyone who got involved in either set up or even both! If you have any questions drop me a message or comment below and I will get back to you as soon as possible. What a way to end a slow week!
EURUSD SHORT herethis zone has a good vibe for me to short it for a 1/3 RR
something like hunting all those high and then a nice short over there
EUR: A hawkish r-star?The European Central Bank will publish its staff revision on the neutral rate today. President Christine Lagarde said last week that r-star is “a range that does not give a guideline or a destination” and Olli Rehn added yesterday that “we should not constrain our freedom of action because of a theoretical concept”.
That said, with the next couple of cuts not particularly up for debate, a lot of the action in pricing is focused on the terminal rate. The scope and timing of US tariffs would have a big say, but while markets await Trump’s move on the EU, today’s report is all markets will get in terms of terminal rate guidance, and we expect a euro reaction.
Based on Rehn’s comments and the fact that r-star projections are model-based (i.e. embedding significantly higher inflation than in the past), our best guess is that today’s note will show a relatively high rate and send a hawkish signal. When adding downside risks for US payrolls, we favour a new leg higher in EUR/USD to retest the 1.044 Wednesday highs.
