BUY EURUSDPlace your bets on EURUSD bulls here from 1.501 and take profit at 1.06292. We can see an inverse head and shoulders pattern. Also, a bullish flag confirming.Longby Technical_AnalystZAR2
EURUSD SELL ZONE ALERT📉 EURUSD Sell Alert 📉 💼 Action: Enter Sell 📍 Pair: EURUSD ⚠️ Reminder: Always use proper risk management. Set your stop-loss and adjust lot sizes according to your equity. Best of luck, Queen Family! 👑by FOREXQUEEN_1Updated 2
EUR/USD Thoughts ?What do you guys think about this I'm looking for a possible liquidity sweep before the reversal the macd and rsi are indicating the pair are slightly over sold let me know what you think? Longby OakleyJM0
eurusd longeurusd long Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20Longby RODDYTRADINGUpdated 1111
EURUSD: Bullish Forecast & Bullish Scenario The analysis of the EURUSD chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals223
EURUSD / M15 / SHORTEURUSD May Fall from the Bearish Order Block Bearish Order Block: 1.05683 and 1.05632 EURUSD is currently following a downtrend, and a potential bearish order block has been identified between 1.05683 and 1.05632 on the M15 timeframe. If the price retraces to this order block, it presents an opportunity for a short position. With strong bearish momentum in place, there is a high probability that the price will respect this zone and continue downward, aligning with the overall market structure. I've outlined two take profit targets for this trade setup, offering clear risk management and reward opportunities. Let’s monitor how the price reacts to the order block and unfolds further. EURUSD / M15 / SHORT LOT :- 0.2 Entry Price :- 1.05630 Take Profit :- 1.05222 Stop Loss :- 1.05752Shortby PraveenTrader10
eurusdi am hoping to retrace back .382 level on fib and will continue its bear trend as according to dow theory it made series of LH and LL so I am hoping for a bearish trend.Shortby jkyy0
The U-turn is close. Long This week, the European Central Bank will cut the deposit rate by 25 basis points, which will give the euro a boost to growth. A rate cut is a bearish signal for the currency, however, I believe that traders have already taken this into account, and the decline is already in the price. I think the strengthening of the eurozone economy will give an impetus to a turnaround. And keep in mind that the Santa Rally is about to beginLongby mikolastd1980118
Euro can rebound up to 1.0700 level, exiting from pennantHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to decline inside the downward pennant, where it at once rebounded from the resistance line and fell to the 1.0700 level, which coincided with the seller zone. Then EUR tried to grow, but failed and in a short time declined below the 1.0700 level, breaking it. Next, the price continued to decline and later almost reached the support level, after which turned around and some time traded a little higher at this level, but didn't fall to it. Later, the rice dropped below the 1.0485 level, which coincided with the buyer zone, breaking it and reaching the support line of the downward pennant, after which started to grow and made a gap. After this movement, the Euro broke the 1.0485 support level one more time and made a retest. Next, it little grew, after which made a correction to the support level and then rose to the resistance line of the pennant. But a not long time ago, the price fell to the support line and now it trying to grow. For this case, I think that the price can correct to the support line and then rebound up to 1.0700 resistance level, thereby exiting from the pennant pattern. Please share this idea with your friends and click Boost 🚀Longby LegionQ8Updated 4435
Trading Idea: EUR/USD Potential Reversal.Trading Idea: EUR/USD Potential Reversal Technical Analysis: RSI (Relative Strength Index): The RSI is currently approaching oversold levels, suggesting a potential for a reversal. When the RSI dips below 30, it often indicates that the asset is oversold, and a reversal to the upside could be imminent. MACD (Moving Average Convergence Divergence): The MACD line has crossed below the signal line, which typically signals a bearish trend. However, this crossover is happening at lower levels, indicating that the bearish momentum might be losing strength, setting the stage for a potential bullish reversal. Support and Resistance Levels: Key support is identified at 1.0331, a significant level that has previously acted as a strong buying zone. On the flip side, resistance is seen at 1.0629. The pair is currently trading around 1.0550, a critical level to watch for potential breakout or breakdown scenarios. Fundamental Analysis: ECB Rate Decision: The European Central Bank is expected to cut its Deposit Facility Rate by 25 basis points to 3% on Thursday. This decision is part of the ECB's ongoing efforts to stimulate the economy and achieve its inflation target. A rate cut is generally bearish for the currency, but the impact on the EUR/USD pair will depend on market expectations and how much of this cut is already priced in. US Inflation Data: Investors are closely watching the US Consumer Price Index (CPI) data for November. The headline CPI is expected to rise to 2.7% from 2.6% in October, while the core CPI, excluding volatile food and energy prices, is expected to grow steadily by 3.3%. Higher-than-expected inflation could strengthen the USD, as it might prompt the Federal Reserve to continue its tightening cycle. Political Uncertainty: Political turmoil in key Eurozone countries like France and Germany, coupled with the re-election of former US President Donald Trump, is contributing to market volatility. Political instability often leads to risk aversion, which can impact the EUR/USD pair. Trading Plan: Entry: Consider entering a long position if EUR/USD breaks above the 1.0600 resistance level with strong bullish momentum. A confirmed breakout above this level, supported by increasing volume, could signal a potential reversal. Stop-Loss: To manage risk, set a stop-loss below the 1.0500 support level. This ensures that losses are minimized if the market moves against the trade. Take Profit Targets: Aim for initial profit targets at 1.0700 and 1.0830. These levels have historically acted as significant resistance, making them ideal points to take profit. Conclusion: The EUR/USD pair is showing signs of a potential reversal, supported by both technical and fundamental factors. Traders should keep a close eye on key levels and upcoming economic data releases to make informed decisions. As always, proper risk management is crucial when entering any trade..Longby OakleyJM2
EURUSD H1 10/12/2024 - SELL below 1.0520Multi-Timeframe Analysis D1 (Daily Timeframe) Trend Analysis: Price is in a consolidation phase, hovering just below the Ichimoku Cloud, reflecting bearish dominance. The 200 SMA is positioned far above current price levels, confirming a longer-term downtrend. The Stochastic Oscillator is moving out of the overbought zone, suggesting potential bearish continuation. Key Levels: Resistance: 1.0580–1.0600. Support: 1.0520, 1.0490. H4 (4-Hour Timeframe) Trend Analysis: Price has broken below the Ichimoku Cloud and the 50 SMA, signaling bearish pressure. The RSI (44.3) and Stochastic (13.1) are both oversold, suggesting a short-term pullback might occur. Key Levels: Resistance: 1.0550–1.0580 (previous support turned resistance). Support: 1.0520, 1.0490. H1 (Hourly Timeframe) Trend Analysis: Bearish momentum is dominant, with price making lower highs and lower lows. The RSI (33.3) is oversold, but there’s no divergence yet. The MACD histogram is slightly bearish, indicating weakening downside momentum. Key Levels: Resistance: 1.0550. Support: 1.0520, 1.0490. M30 (30-Minute Timeframe) Trend Analysis: Price is consolidating near the 1.0520 support level with signs of potential exhaustion in the bearish move. Stochastic and RSI are in oversold territory, indicating a potential bounce. Key Levels: Resistance: 1.0540, 1.0550. Support: 1.0520, 1.0490. Correlated Instruments Analysis US Dollar Index (DXY): The DXY is in an uptrend, putting additional pressure on EUR/USD. If DXY continues higher, it will suppress EUR/USD rallies. EUR/GBP: EUR/GBP is neutral to slightly bearish, confirming overall Euro weakness. US 10-Year Treasury Yield: Rising Treasury yields support a stronger USD, further increasing bearish bias on EUR/USD. Trade scenario: Bearish Continuation After Pullback (Preferred) Rationale: The breach of 1.0540 opens room for further downside toward 1.0520 and 1.0495. A short-term pullback toward resistance (1.0540–1.0550) provides an optimal entry for selling. Trade Details: Entry Price: 1.0535–1.0540 (wait for a pullback to resistance). Stop-Loss: 1.0560 (above recent highs). Take-Profit Levels: TP1: 1.0515 (near current support). TP2: 1.0495 (next key support level). Risk/Reward Ratio: ~1:2. Scenario B: Aggressive Breakout Trade Rationale: If price breaks decisively below 1.0520, the bearish momentum may accelerate further, targeting 1.0490–1.0480. Trade Details: Entry Price: 1.0515 (on a clean break below support). Stop-Loss: 1.0535 (above broken support). Take-Profit Levels: TP1: 1.0495. TP2: 1.0480. Risk/Reward Ratio: ~1:2. Shortby napoleon1821
10.12.2024 - Eu Longs LHPDL liquidated by London. Targeting SMC orders on Buy side liquidity, targeting 1:3RRLongby Thilan12xxUpdated 1
Eurusd long ideaWe have something between Weekly Q1 and Q2 on EU and GU. If GU respects the BISI it’s currently in, I will be looking for a setup when EU purges the CRL.Longby Kabi_kuminsa4
EURUSD BUY - Rebound Blueprint Price is respecting the FVG zone (1.0528), signaling a bullish reversal. Watching closely for a surge toward 1.0620 and potentially 1.0645. The EUR/USD chart shows a potential reversal setup forming around a Fair Value Gap (FVG) at the 1.0528 level. Price has retraced into this FVG, aligning with a high-probability demand zone. The 1.0530 area, acting as a significant structural support, has shown strong rejections, indicating buying interest. The FVG aligns with previous inefficiencies in the price, providing a magnet for liquidity before the market resumes its upward trend. The initial target at 1.0620, where minor resistance could emerge. A decisive break below 1.0520 would invalidate this setup, suggesting further downside potential.Longby TopGBanks2
EURUSD Bulls Will Take Charge?EUR/USD bounces off a strong demand zone around 1.0530. With bullish structure building, we could see a rally towards 1.0650. A key support zone at 1.0499–1.0530 has provided a strong foundation for a bullish reversal. The rejection candle and subsequent bullish candles suggest that buyers are stepping in aggressively at this level. Price is likely to target 1.0649 in the coming sessions, aligning with previous highs and liquidity areas. Stay patient and follow the structure.Longby TopGBanks3
EURUSD 15/30m bullish short termEURUSD is oversold on 4 strength index's (RSI, CCI, MFI, RVI). All 3 components of MACD are sub-.02 on 30m & 60m. Indication of the end of the bearish run. Price may have found support at the 1.053-1.052 level. Entry conditions require an engulfing candle on the 15m, stop loss will be below the triangle structure. Fundamentals & economic calendar is clear, daily price action suggests a bullish move on the near term. If structure is broken to the upside, a further run past recent highs could be observed.Longby billy_r3ynoldsUpdated 2
SHORT and Long Price is currently making LLs and lhs, but we are on the overall a bullish market. So price to retest 05109 area for potential reversal. If 05109 fails to hold and create a comeback, Price will then go further down to 04809 and push up. It's going to be a bullish rest of the week with short term sells Longby NnadozFX0
#EurusdAbove this critical EUR/USD level, the probability of a bullish breakout significantly increases. However, markets can be unpredictable, and external factors can always influence price movements. While the technical indicators may align in favor of a long position, it's essential to conduct thorough analysis and manage your trades wisely. Proceed with caution, and remember that every trade carries inherent risks—trade responsibly! by TradeAdvisory7
eurusdEURUSD ( Euro / U.S Dollar ) Rising Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves Change of Characteristics by ForexDetective5
EURUSD prime setupWeekly timeframe () - First time trying to switch from a bullish to a bearish market structure - Bullish candle (retracement) - Bullish supply and demand zone: bears could have kicked in yet the bulls managed to close back above this zone (false break trading back above) Daily timeframe () - Bullish M - Inverse head and shoulders - At least weekly relief so daily market structure irrelevant 4H timeframe () - Inverse head and shoulders without break of structure (SL below head) - When dissecting the pattern on the 1H/2H timeframe there is no immediate reaction on the high making it valid to executeLongby VictorDierickx23Updated 0
+140 pips The Best Level to BUY/HOLD EURUSD swing trade🔸Hello traders, let's review the 1hour chart for EURUSD today. Overall, strong price chart with sequence of higher lows in progress. 🔸Clearly defined set of overhead resistances and supports below market price with liquidity distributed equally among buy side and sell side order blocks. 🔸Primary pattern / structure is 3 drives in progress, expecting a final pullback to trigger OB liquidity at/near 0510/0520 before bullish reaction and final push (3rd drive). 🔸Recommended strategy for EURUSD traders:no trade recommended at current price, however bulls should enter BUY/HOLD at/near 0510/0520 SL 30 pips TP1 +70 TP2 +140 final exit at 0640. Bears should wait for further updates and get ready to short from sell side order blocks near 0640/0660 S/R zone. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicateUpdated 99229
EURUSD Trading Journal EURUSD Trading Journal Dec 10 Asia price was in a discount from previous days range, price gravitates to 2 noted equal highs and comes into a FVG 50%. Price breaks down in the 1 macro but by 2 starts breaking down and breaks structure. Energetic displacement that creates a FVG. ICT 2022 model. Entry candle 2:10 with FVG and 1 equal low targets I was aiming for. Exit 4:05 candleShortby LParnell0
EURUSD-bias long Bullish indications: Support respected at 1.0535 MA 200 respected. Inverted head and shoulder pattern in 30 min and 4 hr indicates bullish movement expected. Trend line resistance respected. Bearish indications: LLLH in higher time frame. Longby gouthamkulal1Updated 1