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
EURUSD IS BULLISHI hope you are still buying EUR, if not this is a perfect entry. EUR has cleared a yearly low. It has show a great rejection from the area; now is the r3t3st and the perfect entry. Looking back at DXY chart and EUR chart for the past 10 years, you will find a pattern and that's why I'm certain of EUR strength agsisjt dollar. Same with GBP and AUD. AUD should outperform both of them but I prefer eur and gbp. Dont miss out on this trade. Comment if you have any question or contrary opinion. I want to write more but let me post so you guys will see this on timeLongby UGBOR5
EURUSD: Bearish Signal Confirmed📉 **EUR/USD Update** Two strong bearish confirmations have emerged on the EUR/USD chart following a brief pullback to a key horizontal resistance level that was recently breached. The price has now fallen below the neckline of a cup and handle pattern as well as the support line of a rising wedge pattern. This suggests further downward momentum, with the potential for a new lower low.Shortby NovaFX234420
EURUSD STRUCTUREHi guys it is your one and only trade doctor, as we wait for CPI data to be released this is my bias for EURUSD, I will allow the market to commit to me before I commit to the market, it is boring but the best trades are always the boring ones, do well to follow the callouts on the screen it explains in details, do well to like share and follow, stay tuned for more interesting updates. by Dr_Trade12
EURUSD - been watching Team, we have been watching the EURUSD, time for long entry price at 1.04920-1.04935 STOP LOSS AT 1.04250 Target 1 at 1.05150-85 Target 2 at 1.05325-45 Target 3 at 1.5565-95 Once it hit our first target, bring STOP LOSS to BE. Longby ActiveTraderRoomUpdated 1
EUR/USD SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! EUR/USD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.053 area. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals111
EUR/USD 4H Timeframe AnalysisEUR/USD 4H Timeframe Analysis Trend: In the 4H timeframe, EUR/USD is in a downtrend. The price broke below the major support at 1.06200 and then retested, which has now become our major key resistance zone. The price then dropped further to the next minor support at 1.0330,then moved up, created a gap, and filled it for a short time. Following this, the price started creating lower lows and lower highs until it returned to the major key resistance. There, an inverted hammer was followed by a bearish engulfing candle, signaling a potential price reversal. Additionally, the price broke the rising wedge chart pattern and retested the minor resistance at 1.05300. Afterward, the price moved lower and broke below the minor support. Price Action Expectation: We expect another reversal at the minor key resistance. Once the price breaks the resistance, triggering stop-loss liquidations from sellers, we anticipate a move downward. If the price moves back below the minor support, we will enter a sell stop order below the minor support at 1.04908, with a stop loss at 1.05490 (between the liquidity area). Our take profit target will be the next minor support at 1.03360. Trade Setup: Sell Stop Entry: 1.04908 Stop Loss: 1.05490 (between the liquidity area) Take Profit: 1.03360 (next minor support) Risk: 1% Fundamental Outlook: The US Dollar continues to consolidate around the highs, although it’s stronger against commodity currencies. In the broader picture, the market has likely reached the peak in the repricing of interest rate expectations. It will take stronger catalysts to further price out the remaining rate cuts for 2025. This environment supports the US Dollar and could keep downward pressure on EUR/USD in the near term. Shortby RebornFXTrader3
Fundamental Market Analysis for December 11, 2024 EURUSDEUR/USD lost around 0.2% on Tuesday, declining for the third consecutive day and hitting 1.0500 again, as the euro's bullish near-term recovery comes to naught. Ahead of the key U.S. Consumer Price Index (CPI) inflation figure due for release on Wednesday and the European Central Bank's (ECB) next meeting on Thursday, traders once again adopted a cautious stance. Wednesday's CPI inflation index will be one of the last key data points before the Federal Reserve's (Fed) last meeting in 2024. Signs that inflation progress has stalled could kill hopes for a third consecutive rate cut on December 18. With the current rate cut on Wednesday, U.S. CPI inflation for November is expected to rise slightly to 2.7% y/y from the previous reading of 2.6%, while core annual CPI is expected to remain at 3.3%. Traders estimate the probability of the last quarter-point rate cut this year at 85%. The ECB's latest rate meeting is scheduled for Thursday, and investors are widely expected to get another quarter-point rate cut. The ECB's main refinancing operations rate is forecast to be cut to 3.15% from 3.4% and the ECB deposit rate is forecast to fall to 3.0% from 3.25%. Trade recommendation: Watching the level of 1.0480, trading mainly with Sell ordersShortby Fresh-Forexcast20040
EURUSD SELL Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each: --- 1. Order Blocks An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement. Bullish Order Block: The last bearish candle before a strong upward movement. Bearish Order Block: The last bullish candle before a strong downward movement. How to use: Price often returns to order blocks before continuing the trend. Order blocks are used as potential entry or exit zones. Example: If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block. --- 2. Imbalances An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure. These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third. It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement. How to use: Imbalances can serve as a reference for identifying potential retracement zones. Enter a position when the gap is filled. Example: In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area. --- 3. Breaker Blocks A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken." Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement. They can also be used to filter valid order blocks. How to use: After an order block is broken, the former support/resistance zone can serve as an entry point after a retest. Used to identify trend reversals. Example: In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block. --- 4. Inverted FVG (Inverted Fair Value Gap) An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement. An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal. It is used to analyze price manipulation and find entry points against the "trap." How to use: Enter after the price has covered the FVG zone and confirmed a reversal. Inverted FVGs often appear in zones that collect stop losses. Example: In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward. Shortby TonksovaveUpdated 3
EUR/USD: Market Anticipation Ahead of Key Economic ReportsAs the London trading session unfolds on Monday, the EUR/USD currency pair is hovering around the 1.0580 mark. Investors are gearing up for significant economic events this week, including the highly anticipated US Consumer Price Index (CPI) report for November, set to be released on Wednesday. In addition, the European Central Bank (ECB) will announce its interest rate decision on Thursday, making this week crucial for market participants seeking insights into future monetary policy shifts. From a technical standpoint, the EUR/USD has shown a lack of substantial movement over the past week, remaining firmly below the 1.0600 resistance level. Traders are closely watching how the currency pair interacts with this barrier, as it could dictate the next direction for the market. With speculation surrounding a potential interest rate cut from the Federal Reserve later this month, Wednesday's inflation figures may be the crucial factor influencing the Fed's decision. Analysts predict that the annual consumer price inflation will slightly increase to 2.7% year-over-year in November, up from 2.6% in October. Moreover, the core inflation rate, which excludes the often-volatile categories of food and energy, is anticipated to hold steady at 3.3% year-over-year. Given the current landscape, our strategy is to remain on the sidelines as we await the CPI data on Wednesday and the Unemployment Claims report on Thursday. While our overall bias leans bearish, we believe it is prudent to refrain from taking any positions until the price potentially approaches a significant demand zone. This approach allows for a more informed entry that aligns with market developments. In summary, the EUR/USD is at a critical juncture as investors anticipate key economic reports that could have lasting effects on the currency pair's trajectory. With the market sentiment leaning toward caution, all eyes will be on the data releases this week. ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.by FOREXN1Updated 116
Is EurUsd's correction over?In my previous posts about EUR/USD, I discussed the potential for an upside correction following the break below the 1.05 support level, the drop to 1.0330, and the subsequent reversal. I suggested that this upward movement could potentially push the price toward the 1.0670 resistance zone. Indeed, the pair did rise, reaching an intraday high of 1.0628 during Friday's NFP event. However, the day ended with a downside move, leaving a red candle with a long wick on the daily chart. The medium-term trend for EUR/USD remains bearish. This, combined with the overlapping structure from the recent low, clearly indicates that we are not witnessing the start of a bullish trend but rather a corrective phase. The key question now is whether this correction has concluded. To confirm, we would need to see a break back below the 1.05 level. With this in mind, if the pair revisits Friday's high, I plan to sell, placing a stop loss above 1.07 and targeting the 1.0450 support level. by Mihai_IacobUpdated 7715
1211 Waiting for ECB to confirm a long term directionHello traders, Whether the European Central Bank (ECB) will cut interest rates by 50 basis points depends on several factors, including current economic data, inflation outlook, market expectations, and policymakers' concerns about economic growth and financial stability. 1. Market Expectations and Current Economic Background - According to LSEG Refinitiv data, the market expects an 81% probability of a 25 basis point rate cut, while the expectation for a 50 basis point cut is only 19%. This indicates that the market generally believes the ECB is more inclined towards a moderate rate cut rather than taking more aggressive measures. - The main challenges facing the European economy currently include slowing economic growth, easing inflation pressures, and fluctuations in energy prices. These factors may prompt the ECB to take action to support economic recovery, but a 50 basis point cut may be seen as too aggressive, especially when inflation has not fully returned to target. 2. Possibility of a 50 Basis Point Cut If the ECB chooses to cut rates by 50 basis points, it would be a bold move that exceeds market expectations, potentially indicating the following: - The ECB's concerns about economic growth are greater than the general market perception, suggesting a need for more substantial easing measures to stimulate the economy. - By implementing a larger rate cut, the ECB may be trying to send a strong signal to the market, demonstrating its commitment to supporting the economy. - However, such a move could also provoke negative market reactions, such as increased volatility in bond yields or further pressure on the euro exchange rate. 3. More Likely Scenario: A 25 Basis Point Cut - Historically, the ECB tends to adjust its policies gradually to avoid causing excessive disruption to the market. - A 25 basis point cut aligns with market expectations and can smoothly convey policy intentions while retaining flexibility for future adjustments. 4. **My View** - The likelihood of a 25 basis point cut is significantly higher, as it aligns with market expectations and avoids unnecessary volatility in financial markets. - If the ECB opts for a 50 basis point cut, it may indicate a more pessimistic assessment of recession risks, but this choice could also entail greater policy risks. Technically, EURUSD is testing the weekly support and moving beneath the EMAs. As long as it breaking through the support, a long-term bearish trend for EURUSD is pretty sure! GOOD LUCK! LESS IS MORE!Shortby FUNTRADER-Vera2
Bounce Back or Break Down? EUR/USD is at a critical support zone, and we're anticipating an exciting move. Target set, stop set, risk-to-reward ratio on point! Now let's see what the market decides!Longby hyfx1
Bullish Opportunity: Buy Setup at support Ahead of Key CPIWe are looking to buy at 1.050 area Key Levels: Entry: 1.050 (support level) Take Profit (TP): 1.05979 Stop Loss (SL): Adjust to match your preferred risk-to-reward ratio. 1.045 is a reasonable SL The price is expected to find support near 1.050, with the potential for a bullish rebound toward the resistance zone at 1.05979. Bespoke resistance lies further up at 1.064 providing longer-term bullish potential if this level breaks. Caution: This trade setup assumes that the US CPI data due tomorrow will come out weaker than expected, which could favor a bullish move in this pair. Monitor the news closely before committing to this trade, as stronger-than-expected CPI figures could invalidate the setup.Longby Eleazarahmath3
Dollar Weakens Amid Tight U.S. Election Race and rate cuts Dollar Weakens Amid Tight U.S. Election Race and Upcoming Fed Decision The U.S. dollar dropped as the latest polls indicate no clear leader in the presidential race, reducing bets on a Trump victory. Treasury futures rose, reflecting cautious investor sentiment amid the uncertainty. Citigroup strategists suggest that a Trump victory could see the dollar rally by 3%, while a Harris victory could result in a 2% decline. This highlights the significant impact the election outcome could have on the USD. Meanwhile, the Fed is expected to announce a 25-basis point rate cut, adding to market volatility already heightened by the election. Traders are keeping a close eye on early results from swing states like Michigan and Pennsylvania for insights into the potential election outcome and its implications for the financial markets. Source: Information derived from Bloomberg by EleazarahmathUpdated 2
EURUSD SELL!!!EU sentimental is bearish today, and early morning it broke out of the Asian session low. Now, let take a short position We first aim for 1:1 the 1:2 after securing some profitsShortby Master-Matt2
EUR- Long - Re-entryNew opportunity to go long. It's a risky trade, and we need to break 1.062. T1: 1.062 (protect trade). T2: 1.08 (partial or close). T3: 1.09 (close - daily chart).Longby leonardobarriosr69Updated 116
Sell Side IdeaSell expectation from H4 FVG with MSS. The MMS that occurs before FVG is most likely to be an inducement.Shortby FinansAZUpdated 1
Market Analysis: EUR/USD Faces ResistanceMarket Analysis: EUR/USD Faces Resistance EUR/USD extended losses and traded below the 1.0550 support. Important Takeaways for EUR/USD Analysis Today - The Euro struggled to clear the 1.0635 resistance and declined against the US Dollar. - There is a key bearish trend line forming with resistance at 1.0545 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair failed to clear the 1.0635 resistance. The Euro started a fresh decline below the 1.0550 support against the US Dollar, as mentioned in the previous analysis. The pair declined below the 1.0520 support and the 50-hour simple moving average. Finally, the pair tested the 1.0500 level. A low was formed at 1.0498 and the pair is now consolidating losses. The pair is showing bearish signs, and the upsides might remain capped. There was a minor increase above the 23.6% Fib retracement level of the downward move from the 1.0594 swing high to the 1.0498 low. Immediate resistance on the upside is near the 1.0545 level. There is also a key bearish trend line forming with resistance at 1.0545 and the 50-hour simple moving average. The next major resistance is near the 1.0570 zone or the 76.4% Fib retracement level of the downward move from the 1.0594 swing high to the 1.0498 low. The main resistance sits near the 1.0590 level. An upside break above the 1.0590 level might send the pair toward the 1.0635 resistance. Any more gains might open the doors for a move toward the 1.0675 level. On the downside, immediate support on the EUR/USD chart is seen near 1.0520. The next major support is near the 1.0500 level. A downside break below the 1.0500 support could send the pair toward the 1.0445 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2227
Read The EURUSD MarketLet's Looking at Price Actions of EURUSD and Finding Some Trade Opportunities, Good Luck With Your Trades <309:37by FXSGNLS1
EURUSD result price touched FVG close to .5 fib. took 90% partials, have a runner with SL set as breakevenShortby Enrique_grcia1
EURUSDreacting from that supply zone to give a break below also might fail the Supply Zone as it not a strong zone by Thisssdan3