EUR - Long - Re-entryNew opportunity to go long. It's a risky trade, and we need to break 1.062. T1: 1.06 (protect trade). T2: 1.08 (partial or close). T3: 1.09 (close - daily chart).Longby leonardobarriosr69Updated 7
EURUSD 1HA potential triangle is forming, bearish trend running. Elliott wave is always the best. Have fun with the trend !!!Shortby ivanbivan111
ECONOMIC CRASH (PART 1), anticipatoryMARKET OVERVIEW Recent data analysis highlights a significant concern regarding the EUR/USD market. With historical precedents and critical market behavior, the possibility of a global economic decline of -16.38% seems probable. This aligns with currency fundamentals where EUR (Financial Capital) and USD (Currency Capital) maintain critical global influence. The EUR/USD market currently reflects bearish sentiments, with technical and fundamental indicators aligning toward potential downside risks. This is a pivotal time for traders to implement robust strategies, safeguard equity, and leverage automated tools for precision execution. Key Technical Levels Pivot High: 1.16164 Resistance: 1.13835 Support: 0.89311 Pivot Low: 0.86321 Trend Analysis: The overarching "Big Picture Curve" reflects a long-term downtrend, strongly indicative of a potential market crash. Oscillators: The oscillators currently show mixed signals, with a bias toward downtrend Relative Strength Index (RSI): 42.91 (Neutral) Momentum (10): -0.03028 (Sell) MACD Level (12,26): -0.00416 (Sell) Stochastic RSI Fast: 16.42 (Neutral) Moving Averages: All moving averages point to a downtrend, reinforcing the bearish outlook: EMA/SMA (10): Sell EMA/SMA (50): Sell EMA/SMA (200): Sell Ichimoku Base Line: Neutral Anticipated Market Behavior Given the alignment of bearish technical indicators and economic projections: A break below 0.89311 (Support) could accelerate a larger move downward, potentially confirming a secondary crash scenario or what I like to call a FAMINE (That'll be Part 2). Conservative traders should watch resistance at 1.13835, with invalidation of bearish outlook above 1.16164. Shortby ProfessorCEWard2
EURUSD Potential Buying CurrentHere is the structure of EURUSD Potential Moving to buy side Guys So current Price. Resistance Zone 1.06720 Support Zone 1.04770 Check Key And support And Resistance Zone Looking Price moving to Buy Side. Keep And eye on candles Pattern and chart The price will continue toward the Target. Rate And Share your idea what's Going On Thanks.Longby FxJennefir3
EURUSD: German Political Issues and An ECB Meeting to ConsiderIt’s only been just under 3 weeks since EURUSD hit two year lows at 1.0331 on November 22nd yet it seems like a lot has happened in that short period, including EURUSD rebounding quite impressively to touch 1.0630 on Friday 6th December. Now however, that short squeeze from the lows has cooled as the focus shifts to on-going political problems in France and the prospect of a no confidence vote in Germany on the leadership of the current Chancellor Olaf Scholz. Not only that, tomorrow sees the release of the final ECB interest rate decision of 2024 at 1315 GMT, which is then followed by the ECB press conference led by Madame Lagarde at 1345 GMT. Both events are likely to be critical to the direction of EURUSD moving forward into the end of the year. The prevailing market consensus points to a 25 basis point (0.25%) interest rate cut from the ECB. However, a smaller number of analysts have suggested the possibility of a 50 basis point (0.50%) adjustment, though this view appears less widespread. Recent commentary from policymakers has shown that there seems to be a split between those wanting to be more proactive cutting interest rates to give the Eurozone economy a much-needed boost, and those who are reluctant to cut rates until they see that EU inflation is fully under control. The tone of ECB President Lagarde's comments during the press conference could be significant for FX traders. They will likely focus on whether she signals the possibility of further rate cuts during the ECB's first-quarter 2025 meetings or adopts a more cautious stance, emphasizing the need for additional inflation trend data before making decisions. The Technical Outlook for EURUSD: November was a negative month for EURUSD, which saw the cross fall from the 1.0935 November 5th high to the 1.0331 November 22nd low, a move of over 5%, as the US election result was digested by markets. It might be argued, the latest rally from that November monthly downside extreme back to Friday December 6th high at 1.0630, has gone some way to unwind over-extended downside conditions, in place after the sharp decline, back towards a more neutral balanced position, ahead of the ECB. This may indicate trader uncertainty and a squaring of positions, ahead of such an important news event. The market's response to the ECB's announcement and President Lagarde's subsequent press conference will be closely monitored, as investors assess the potential implications for the future direction of EURUSD. So, moving forward what are some potential levels to monitor around the ECB announcement and during the press conference? EURUSD Support and Resistance Levels: Support: To the downside, there is a possible support focus at 1.0444/60, which is a combination of the 61.8% Fibonacci retracement of November/December strength and December 2nd session low. While there is no guarantee that daily closing breaks of this area will resume what has been a downtrend pattern of lower highs/lower lows since September 25th, closes under this support may see increased selling pressure and further declines towards 1.0331, the November monthly low. Resistance: To the upside, there is a possible resistance area marked by 1.0630/37, which equals the December 6th failure high and trendline connection highs dating back to November 18th. While breaks of similar resistance points have historically led to further price strength, past performance does not guarantee future results. If a break occurs, it could pave the way for further gains toward 1.0772—the 50.0% retracement resistance of the September-November decline. However, this outcome remains contingent on broader price trends. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.by Pepperstone11
EUR/CAD: Long. Is this a "loonie" trade?Hello traders Clarification: CAD is also referred to as the loonie, a former Canadian one dollar coin. The 50 base point cut by the BoC was expected. The CAD strengthened against the USD and CAD immediately afterwards. Classic knee jerk reaction of buy the rumor, sell the news. Both EUR/CAD and EUR/USD have found support on the 4H chart. The EURO has been on the backfoot against the USD but with the ECB rate decision in less than 24 hours, I have taken a long EUR/CAD position. The ECB is expected to cut by 25 base points which will still give the CAD a slight advantage. However, the Canadian forward guidance points to more rate cuts to stimulate consumer spending, albeit more gradually/25 points at a time. This leaves the ECB's forward guidance to cement this idea. IF Ms. Lagarde once again expresses concern about inflation moving forward, the EURO may appreciate across the board. Fundamentally the Euro Zone needs this rate cut. The economic conditions are not great at the moment. That leaves the FOMC next week and also the BOJ to provide us with more forward guidance. Once this is out of the way, we'll have a much better idea what to expect in 2025, bar some more geopolitical unrest or other major market moving event. Best of luck, all. The EUR/JPY is also some upside promise but keep in mind, the JPY marches to its own drummer. DXY is also retreating Longby jvrfxalerts222
EURUSD BUYSSet up from previous zones, supply and demand entry with order block volume confirmation. High-risk news is incoming, but the risk is managed. A 1:3 risk-reward ratio or full take-profit back at the supply for a 4.2 risk-reward ratio.by PassivePipsUpdated 4
Trading EURUSD | Judas Swing Strategy 10/12/2024Yesterday, we got a trading setup on EURUSD. This came after a week of little activity with the Judas Swing strategy, where we executed just one trade. Fortunately, that trade turned out to be a winner, yielding a 2% gain to conclude the week. It felt great to finally get some activity with the strategy earlier in the week with EURUSD, and we plan to guide you through the trading day's events. We aim to arrive at our trading desk five minutes before the trading session starts (08:30 EST), to ensure we're fully prepared for the session. The session has finally begun, and a crucial aspect of this strategy is establishing a trading bias for the session. This involves waiting for a sweep of liquidity at either the high or low of the trading zone. Typically, a sweep of liquidity occurs a few minutes into the session; however, this time it was delayed. Despite this, we didn't rush into any trades. Instead, we waited patiently and eventually got a sweep of liquidity on the sell side, indicating that in this session, we should be on the lookout for potential buying opportunities. Once the liquidity sweep requirement is complete, the next step is a break of structure to the buy side to confirm our bias for the session. Keep in mind, all this needs to occur before 11:00 EST. Once the break of structure to the buy side occurred, it was followed by a retrace into the Fair Value Gap formed by the subsequent candle, indicating that all the criteria on our entry checklist were satisfied. We executed our trade after meeting all our criteria. Initially, we saw profits for the first five minutes, but then a large bearish marubozu candle appeared, plunging us into a significant drawdown. This exemplifies why we avoid tight stop losses and maintain a minimum stop loss requirement of 10 pips. Upon reviewing the position again, we noticed that the trade had begun to move in our favor. However, since the objective has not yet been met, we must wait for one of two outcomes: either our stop loss is triggered or our take profit is reached Our patience finally paid off when our trade, where we risked just 1% of our capital, yielded a rewarding 2% return. This trade was a testament to the importance of sticking to your trading plan and waiting for the right setup, rather than chasing trades out of impatience by CleoFinance0
EURUSD Trade New York SessionEURUSD Trade New York Session Price had a very dramatic CPI. CPI had Price both drop and wicked up through the noted FVG. Dust settles price rallies to take the clean equal highs and I suspected for price to come and clear the second equal highs, it doesn't. Analysis can best be seen on 1 min chart 8:48 Price drops displacing price and retraces. I suspected Price would break down to the clean equal lows target. Price is heavy and does not come up into the 8:48 FVG it created. Still shy and cautious waiting for more details. 8:55 comes back up but cant get up into the FVG and swings back and forth around the midnight opening. Price is in a premium and breaks structure at 9:10 I was watching on a higher timeframe 5 min, when I saw price turn around I should have gone to the 1 min and would have seen the 3 other entries that were around the midnight opening price. All mistakes are great mistakes. Glad I got in and got out at my first target even though my analysis was telling me it would go lower. Next learn how to take partials. This is my set up I am hunting for and the more i see it the better I will get. Shortby LParnell0
A 2 RR Opportunity on EURUSD M15EURUSD is on a downtrend in M15 but hit on an important support and can bet on a 2RR long position as shown. Looking forward for your Ideas. it JUST an opinion for myself to test my mehod, Enter if your setup approved. BMZ-irLongby BMZ-irUpdated 4
EURUSD could slump 280 pips following tomorrow's ECB meetingThe U.S. consumer price figures were not enough to trigger a slide in EURUSD, nor did they lead to a rebound. Instead, the market is trading sideways as we await tomorrow's ECB rate meeting. The ECB is expected to cut rates, with the possibility of signaling a 50-basis-point cut in upcoming meetings due to weak economic growth and inflation at target. From a technical standpoint, the price has formed an inverse head-and-shoulders pattern, which might fail. The pattern would invalidate and trigger if the price falls below the right shoulder, currently at 1.0462. If this level breaks, the price could drop by the same distance as the projected rise from the pattern, roughly 280 pips, targeting 1.0181. Trading in smaller chunks is advisable unless the market moves quickly toward the target. What's your view? Could this play out, or do you expect a false breakdown? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Longby ThinkMarkets5
S&D , weekly range plan of attack as Euro weak against the dollar in the long term their is some first indication based on Price Action for US dollar weakness 4h start to develop some new 4h front leg + weekly candles start to print bullish post discount sweep the idea is to position long - but shorts still the main trend then position short early in the week into the weekend long position if the MTF/LTF edge signal will provide by eyalMor149Updated 223
EUR/USD - 30Min Sell I'm Looking for sell trade on GBP/USD 30 Min Trend Break observed and the Sellers are push the market price mssively the wick candle printed already Head and sholder observed Pivot = 1.0545 Start to sell 1.05400 - 1.05300 Target 1 - 1.05150 Target 2 - 1.05000 Target 3 - 1.04850 Shortby RafilathifUpdated 1
EURUSD: Bullish Flag Formation Indicates Uptrend PotentialEURUSD has formed a bullish flag pattern, indicating potential for upward movement. Additionally, a bullish divergence has been observed, further supporting the likelihood of an uptrend.Longby MarkhorTrader3
EURUSD New York Before CPIEURUSD New York Before CPI Price took sell stops-equal lows and is in a discount. With liquidity to the buy side price could draw to equal highs and noted FVG. That said I am still bearish on this pair so what ever happens with CPI I will wait and see what liquidity is taken to frame a trade after the dust settles. by LParnell0
EURUSD 2 macroEURUSD 2 macro Asia rallies to the buy side taking 2 sets of clean equal highs and reaches for the 50% of FVG. Classic ICT short set up. Starts to break down comes up again with displacement creating a FVG and drops to take clean equal lows and a small inefficiency. Price is choppy consolidation at the midnight opening price leading into London. 2 macro what i learned 1:45 displaces down creating a FVG 1:51 starts to rally above the opening price coming into the FVG that could be an IFVG? 2 candle 5 pips above price takes the recent clean equal highs formed Price burst through the IFVG to the down side I had a sell at the midnight price suspecting from my morning analysis that price would swing up to drop to the equal lows Celebrate that you got in a 2 and now work on trusting yourself. Shortby LParnell1
EURUSD Wave Analysis 11 December 2024 - EURUSD reversed from resistance zone - Likely to fall to support level 1.0450 EURUSD currency pair recently reversed down with the long-legged Doji from the resistance area between the upper daily Bollinger Band, pivotal resistance level 1.0610 (former multi-month support from April) and the 50% Fibonacci correction of the downward impulse from the start of November. The downward reversal from this resistance zone started the active minor downward impulse wave 3. Given the strength of the aforementioned resistance area and the clear daily downtrend, EURUSD currency pair can be expected to fall further to the next support level 1.0450 (low of the earlier minor correction b). Shortby FxProGlobal0
EURUSD What Next? BUY! My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0513 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0538 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 Longby AnabelSignals111
EURUSD: Expecting wave 3) of (C) to break above 1.2488DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS by nmkvijay8
EURUSD H1 11/12/2024 - SELL below 1.0525/1.0530 , Reversal 1.054Multi-Timeframe Analysis D1 (Daily Chart) Trend: Strong bearish bias, with price below the 200 SMA and Ichimoku cloud. Indicators: RSI at 40 and MACD signaling downside momentum. Support/Resistance: Support: 1.0490 and 1.0450. Resistance: 1.0540 and 1.0570. H4 (4-Hour Chart) Trend: Downtrend continues, with price consolidating near the lower Bollinger Band. Indicators: Stochastic is in the oversold zone (17.87), indicating potential short-term pullback. MACD suggests bearish momentum but losing strength. Support/Resistance: Support: 1.0495 and 1.0450. Resistance: 1.0530 and 1.0550. H1 (Hourly Chart) Trend: Price is below all major moving averages and Ichimoku cloud, confirming bearish structure. Indicators: RSI at 40, indicating continued bearish bias but with room for a pullback. Stochastic is oversold (23.76) and turning up, suggesting a potential retracement. ATR (14) at 10 pips, reflecting moderate volatility. Key Levels: Support: 1.0495, followed by 1.0450. Resistance: 1.0530 and 1.0545. M30 (30-Minute Chart) Trend: Intraday bearish trend intact, with consolidation near key support levels. Indicators: MACD turning slightly neutral. Stochastic oversold (28.47), indicating potential for minor correction. Revised Trade Plan for EUR/USD (H1) Trade Setup 1: Bearish Continuation After Pullback Rationale: EUR/USD remains in a bearish trend, and any pullback toward 1.0530–1.0540 provides an optimal sell opportunity. Trade Details: Entry Price: 1.0525–1.0530 (on a retracement to resistance). Stop-Loss: 1.0555 (above the intraday resistance). Take-Profit Levels: TP1: 1.0495 (current support). TP2: 1.0450 (next key support). Risk/Reward Ratio: ~1:2. Trade Setup 2: Aggressive Breakout Short Rationale: A clean break below 1.0495 would confirm bearish continuation, targeting lower levels. Trade Details: Entry Price: 1.0490 (on a confirmed breakout). Stop-Loss: 1.0515 (above the breakout level). Take-Profit Levels: TP1: 1.0470. TP2: 1.0450. Risk/Reward Ratio: ~1:2. Trade Setup 3: Intraday Scalping on Reversal Rationale: If price breaks above 1.0535, it may trigger short-term buy momentum, targeting a retracement to the next resistance. Trade Details: Entry Price: 1.0540. Stop-Loss: 1.0525. Take-Profit Levels: TP1: 1.0555. TP2: 1.0570. Risk/Reward Ratio: ~1:1.5. Key Considerations News Impact: Watch for the 13:30 GMT US inflation data release, which could spike volatility. Avoid placing trades right before the release. Correlated Instruments: DXY: A rise above 106.75 may further pressure EUR/USD. Treasury Yields: A spike in yields could add USD strength. Shortby napoleon1821
EurusdEurusd Now in a rising sconce and the stop is set because it is a deal of the dayLongby Psychologicaltrader12
EURUSD - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation. For me the best way to confirm higher timeframe context is structure. We can notice the red line - break of market structure (sign of weakness) on key liquidity level, so there is a higher probability to see price lower at least on opposite level (marked lower). Your success is determined solely by your ability to consistently follow the same principles.Shortby Maks_KlimenkoUpdated 3