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EURUSD bearish continuation EURUSD Technical Analysis January 29, 2025 Bearish trend following Price testing 0.786 Fibonacci retracement level Trading below major moving averages Break of key support trend line Technical Confluence Strong resistance at Fibonacci 0.786 Moving averages acting as dynamic resistance Lower highs and lower lows confirming downtrend Trade Setup Entry: Short at current Fibonacci resistance Stop Loss: Above recent swing high Targets: Next support zones or 1.272 fib level daily close below trend line support
Short
by aryoTraderX
EURUSD - gap is filled, what’s next? Buys? Sells?Here is our in-depth view and update on EURUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair sharing possible entries and important Key Levels . Alright first, let’s take a step back and take a look at EURUSD from a bigger perspective. For this we will be looking at the H4 time-frame . Now the main focus everyone has is the “ GAP ”. Yes the gap has been filled but sellers who tried to take advantage of it, have experienced drawdown today. EURUSD still has a chance to dig deeper into that gap potentially giving us better entries OR breaking to the upside. So here are the possible scenarios on EURUSD we have pre-planned for the following days . Scenario 1: BUYS at the break of 1.04334 - We broke above 1.04334. With the break of this level we can expect a possible move towards the upside. Even though we are extremely bearish on EURUSD for quite some time, short-term TVC:DXY weakness can cause the pair to see possible higher levels. Scenario 2: SELLS - We dug deeper into the “gap price” or we stayed below roughly 1.03462. With sells we have several possible entries. We can expect a deeper dig to the upside potentially giving us better entries. On the other hand, if we don’t experience that, and stay below 1.03462 we can expect more sells to come. KEY NOTES - EURUSD is overall still bearish. - DXY (USD) experiencing short-term bears. - Breaking above 1.04334 would result in more upside. - Staying below the gap fill, would result in sells. - Possible deeper digs to the upside before the sell off. Happy trading! FxPocket
by FxPocket
1
EURUSD Trading Journal Feb 4 Bull trade Analysis EURUSD Trading Journal Feb 4 Bull trade Analysis Price is in a discount on the daily, weekly and monthly. Note the double discount in previous range and coming into London, tipping its hand that Price would bull run. I like the confidence I am building when I see sell side liquidity taken, and in a discount trusting that price will come to the 50 and potentially reach for higher. Take partials to build confidence Price took out sell side liquidity yesterday also an confidence builder that price would take buy side. Parent bias is still bearish, however when all factors like -double discount -sell side has been taken -DXY was bearish for the day -time in 2 am macro -MOG lined up for perfect entry at 2 -.70 level for entry golden entry point -clear target of 2 sets of equal highs -FVG gap entry -price bounced off a FVG at the CE -I think this is a classic turtle soup -run on stops before a ND in NY -overall price was in Mondays range efficiency and a magnet to rebalance. ONLY PRICE DIDN'T DO WAS TAKE THE EQUAL LOWS its not perfect and yet delivered to your targets Asia opens on the session 50 level and lowers to create equal lows but does not take it. Hits the CE of 15 FVG and turns around. Both previous session and intraday session are in a discount. looking for bull runs today stay nimble and know your parent bias is bear. Remember today to trust yourself analysis, trust the the chart gives you, only trade in macro times, follow the rules.
by LeanLena
2025 Feb W1 OutlookNarrative: On Higher Timeframes, price retraced to a 1D supply zone and broke the trend (red line) so we are long-term bearish. During the move that broke the trend, market hit the demand zone with a massive gap at the start of the week. We can therefore trade retracements while we wait for the supply zone (blue box) to be hit. Anticipating that blue supply zone to push the market to new lows. Bias & Key Levels: - Short term bullish towards the blue supply zone - Long term bearish from the blue supply zone - Willing to trade the gray supply & demand according to the arrow shown Additional Notes: Anticipating this pattern of expanding market to induce enough liquidity to generate enough liquidity to sell at the blue supply zone to break the low.
by x_2_4
Eurusd short opportunity H1Hello traders Its been a hell of a start for this week and price is acting strange with these huge moves up and down. However I believe as long as the price stays below the red line I assume its bearish. As for entries the currenct price is a good selling opportunity however you should maintain a stop loss a pip above the red line and projected targets are plotted on thr chart... not sure which one is the optimal target zone but im holding for tp 1 because im uncertain about a price drop beyond that. Good luck
Short
by deadparkcity
$EURUSD IdeaToday, my analysis of EUR/USD points to a potential bearish movement, based on the following points: First, the correction on the 1-hour chart suggests that the pair is seeking liquidity outside the daily range. The daily IRL region coincides with a 4-hour OB (Order Block) and a swing high, which could create an order cluster. The expectation is that the price will react at this level, seeking the original consolidation and completing the bearish move. This is the outlook for the day, with a focus on maintaining discipline and managing risk as market conditions evolve.
Short
by Pilucax
EUR/USD: Trump's Tariffs Impact Euro: Time for a Bounce?The EUR/USD pair kicked off the new trading week with a resounding bearish tone, plummeting to its lowest level since mid-January below 1.0210. Despite its oversold condition in the short term, investors continue to exercise caution in the Euro, fearing the lingering impact of US President Donald Trump's tariff threats. Over the weekend, Trump's administration announced sweeping trade tariffs on key allies and competitors alike. The tariffs, which range from 10% to 25%, are set to apply to imports from Mexico, Canada, China, and potentially the European Union. When questioned by reporters on Sunday about the prospect of imposing tariffs on European imports, Trump remained coy about the details, merely stating that it would happen, but without specifying timing or severity. This uncertain environment has instilled fear among market participants, causing the EUR/USD to decline sharply. However, as we navigate the complex landscape of global trade tensions, we believe that a short-term retracement is imminent. This potential correction could be sparked by investors seeking to reassess their positions and capitalize on any temporary relief from the recent downtrend. A Weekend Gap Opportunity In the near term, our primary focus is on the weekend gap that formed between 1.0170 and 1.0218. This gap represents a critical level that EUR/USD must fill to restore equilibrium in the market. If price action were to bounce from this gap, it could create a lucrative trading opportunity for traders looking to profit from a short-term recovery. Given the extreme bearishness surrounding the EUR, a retracement could be achievable if the market decides to close the weekend gap. While this may seem modest by some standards, any trading opportunity that arises from the EUR/USD's oversold condition is worth exploring. Conclusion As the EUR/USD pair continues to grapple with uncertainty surrounding Trump's tariff threats, we expect a short-term retracement to emerge in the coming trading sessions. This potential correction could provide a window of opportunity for traders to capitalize on the weekend gap, potentially leading to a temporary bounce. While the long-term implications of these trade tensions remain unclear, our focus remains on the immediate market conditions. As the EUR/USD navigates this complex landscape, we remain poised to take advantage of any opportunities that arise from the market's natural oscillations. ✅ 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.
Long
by FOREXN1
3
EURUSD is set to continue its downtrendEURUSD continues to form a downtrend. The price is trading below the key resistance level of 1.0333. Earlier, from Monday's opening, the market formed a gap, which has already managed to close and after a false breakout of resistance, the currency pair is trying to consolidate in the selling zone. Scenario: If the price fails to break the resistance at 1.033 and consolidation is formed under the level, indicating that the market is not ready to grow, then in this case we will have a chance to catch the continuation of the downward movement. The target of such a move could be the area of interest 1.022 - 1.0176
Short
by AndeWave
2
EURUSD 0140 Reversal Swing Trade Setup BULLS strong upside🔸Hello traders, let's review the 4 hour chart for EURUSD. Weekly open gapped down so expecting more losses in this market before potential reversal off the lows on Wednesday/Thursday this week. 🔸Revised/updated outlook point C is 1.13 extension at 0140, other points include X at 0595, point A at 0220, point B at 0510, point D/PRZ at 0700. 🔸Currently most points validated, point C/PRZ still pending 0140, so traders should wait until we hit C before buying. 🔸Recommended strategy for EURUSD traders: wait for pullback/correction to complete at point C near 0140, buy/hold, SL 60 pips, TP1 +200 pips TP2 +400 pips Final exit TP at 0700. BUY/HOLD at point C/PRZ at 0140. swing trade setup. only invalidated if we break below 0140 on high volume. 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.
Long
by ProjectSyndicate
22
Mastering EUR/USD TradingMastering EUR/USD Trading EUR/USD is the most traded forex pair, offering unparalleled liquidity and potential opportunities for traders of all levels. The exchange rate between the euro and the US dollar reflects the economic relationship between the two global powerhouses. In this article, we’ll explore what makes the EUR/USD pair so popular, the factors influencing its price, and how to approach the pair. What Is the EUR/USD Forex Pair? Although you definitely know what the EUR/USD pair is, we can’t start this article without a short overview. The EUR/USD pair represents the exchange rate between the euro (EUR) and the US dollar (USD), showing how many US dollars are needed to buy one euro. It's the most traded currency pair in the world, thanks to its significant role in the global economy. For traders, this often means tight spreads, high trading volumes, and potential opportunities in various market conditions. Introduced in 1999 with the euro's creation, the EUR/USD pair reflects the economic relationship between the Eurozone—comprising 20 European countries—and the United States. It’s more than just a number on a chart; it’s a barometer for the performance of two of the largest economic regions. Movements in this pair are influenced by factors like interest rates set by the European Central Bank (ECB) and the Federal Reserve (Fed), economic indicators such as GDP growth, and geopolitical events impacting either region. One standout feature of EUR/USD is its responsiveness to economic news. For example, a strong US jobs report might drive demand for the dollar, causing the pair to fall. Similarly, announcements from the ECB about monetary policy can send ripples through the market. This responsiveness makes EUR/USD a popular choice for traders who thrive on analysis of market dynamics. Why Traders Choose EUR/USD The EUR/USD pair’s unique characteristics make it stand out in the market, offering potential opportunities and strategic flexibility. - Unmatched Liquidity: EUR/USD is the most liquid forex pair, meaning there’s strong trading activity. This high liquidity often translates to tighter spreads, which reduce transaction costs for traders and makes it popular among scalpers and day traders. - 24/5 Accessibility: The pair can be traded almost anytime during the week, with peak activity during the overlap of London and New York trading sessions. This accessibility makes it popular as traders can capitalise on this pair regardless of their schedule. - Macro Sensitivity: The pair responds sharply to macroeconomic developments, such as interest rate decisions, inflation data, and employment figures. This sensitivity may make it appealing to traders who thrive on analysis of major economic events. - Relatively Lower Volatility: While the pair offers ample price movement for potential trading opportunities, it’s often less volatile than emerging market pairs, making it a more measured option for risk-conscious traders. - Diverse Strategies: Its price action accommodates a variety of trading styles, from trend-following and range trading to news-based strategies. Whether you’re a short-term scalper or a long-term position trader, there’s flexibility to tailor your approach. Key Factors Influencing EUR/USD Movements The EUR/USD pair’s price movements are driven by a mix of economic, political, and market dynamics. Understanding these influences can help traders better analyse its behaviour. Economic Indicators Economic releases from the eurozone and the United States are key drivers of the pair's movements. Key reports include GDP growth, inflation rates, employment figures, and manufacturing activity. For instance, a strong US non-farm payroll report might boost the dollar, causing EUR/USD to drop. Similarly, weak eurozone inflation data could pressure the euro lower. Regularly monitoring economic calendars is crucial, as even small deviations from expectations can cause noticeable shifts. Central Bank Policies The European Central Bank (ECB) and the Federal Reserve (Fed) wield significant influence. Interest rate decisions, monetary policy announcements, and commentary from central bank officials often trigger immediate reactions. A hawkish Fed, signalling higher interest rates, can strengthen the dollar, while dovish ECB policies might weaken the euro. Traders often focus on speeches from figures like the Fed Chair or ECB President for clues about future policy changes. Geopolitical Events Political developments can create volatility. For example, elections, trade negotiations, or economic sanctions affecting the US or eurozone can shift sentiment. Historical events like Brexit significantly impacted the euro, while US-China trade tensions affected the dollar’s performance. Market Sentiment and Risk Appetite The EUR/USD pair is influenced by global market sentiment. During periods of risk aversion, the dollar often strengthens as a so-called safe-haven currency. Conversely, a risk-on environment, where investors seek higher-yielding assets, may support the euro. For example, during times of financial instability, traders may gravitate toward the relative security of the dollar, impacting the pair’s direction. Commodity Prices and Trade Balances While less direct, trade balances and commodity price changes also play a role. Higher commodity prices can weaken the euro due to increased import costs for the Eurozone, while benefiting the US as a commodity producer. Similarly, the Eurozone's trade surplus tends to support the euro, whereas the US trade deficit can pressure the dollar. Shifts in these factors often lead to fluctuations in the exchange rate. How to Trade EUR/USD A well-rounded EUR/USD trading strategy involves several key steps that help traders build a structured approach adaptable to market dynamics. 1. Finding a Broker Offering EUR/USD Trading To start trading EUR/USD, a broker providing forex trading services is essential. Many brokers offer the pair, but traders often prioritise competitive spreads, low fees, and reliable execution. For example, FXOpen provides EUR/USD trading with access to 4 advanced platforms, tight spreads from 0.0 pips, low commissions from $1.50 per lot, and fast execution speeds based on a wide range of liquidity providers. 2. Choosing a Trading Style The high liquidity of the EUR/USD pair allows traders to choose different strategies based on their objectives and market involvement: - Scalping: High liquidity and volatility during market events of EUR/USD allow traders to take advantage of scalping. - Day Trading: Day traders may also capitalise on significant market liquidity and volatility of the euro to US dollar pair. - Swing Trading: As the pair movements depend on macroeconomic analysis, trades may focus on price swings over days or weeks. - Position Trading: EUR/USD moves in solid market trends. So, those who prefer a longer-term strategy could apply it to this market. 3. Understanding and Analysing the Market Environment EUR/USD moves between trending and ranging phases. Identifying these conditions helps traders adapt their strategies. Tools like moving averages, trendlines, and oscillators such as Stochastic or Awesome Oscillator are commonly used to gauge market momentum. For ranging markets, traders may focus on support and resistance levels to anticipate price reversals. A clear technical strategy often includes identifying entry and exit points. This could involve analysing chart patterns, candlestick formations, or tools like Fibonacci retracements. Consistency in applying these methods helps traders build confidence in their analysis. 4. Understanding the Macroeconomic Environment EUR/USD reacts strongly to macroeconomic developments. Traders often assess economic indicators like interest rate changes or inflation reports, alongside sentiment-driven events such as central bank statements. Combining macroeconomic understanding with technical tools can provide a well-rounded view of the pair’s dynamics. 5. Considering Timeframes and Trading Sessions EUR/USD is most active during the overlap between the London and New York sessions. Short-term traders often focus on these times for potentially higher liquidity, usually using the 1-minute to 1-hour charts, while longer-term traders may not be as session-dependent, typically relying on 4-hour to 1-week charts. 6. Using Risk Management Traders typically integrate risk management into their approach. This includes using stop losses, understanding the impact of leverage, and sizing positions appropriately to manage risk exposure. By balancing risk and reward, traders aim to protect their capital while seeking returns. Challenges of EUR/USD Trading EUR/USD trading comes with its own set of challenges, despite its popularity, including: Volatility During Key Events EUR/USD is highly sensitive to economic data releases and central bank announcements. For example, higher-than-expected inflation data from the US can trigger a sharp rally in the dollar, pushing the pair lower. These movements can create potential opportunities but also increase the risk of losses if trades aren’t carefully managed. Overlapping Influences EUR/USD is driven by two major economies, meaning traders monitor a broad range of factors. For example, strong US economic data may boost the dollar, while strong eurozone growth could simultaneously support the euro, creating a mixed market reaction. Keeping track of both regions’ data releases and news can feel overwhelming, particularly since the euro sees releases for several key economies, like France and Germany, as well as the broader eurozone. Interest Rate Differentials Interest rate expectations between the ECB and the Fed significantly impact the pair. A surprise divergence in monetary policy may lead to rapid shifts in the EUR/USD, catching traders off-guard. Likewise, ignoring fundamentals, especially differentials in monetary policy, can lead a trader to rely too heavily on technical analysis, which may mean they trade against a strong trend driven by macroeconomics. Session Volatility The pair’s most active periods occur during the London and New York trading sessions. While this high liquidity can offer opportunities, it also means sharp intraday moves are more likely. Traders unprepared for this session-specific volatility may find themselves exposed to quick losses. The Bottom Line Trading EUR/USD offers potential opportunities thanks to its liquidity, accessibility, and responsiveness to market dynamics. This major forex pair may suit traders of all styles. Ready to start? Open an FXOpen account today and access EUR/USD trading with competitive spreads from 0.0 pips, low commissions from $1.50 per lot, and advanced tools. FAQ Why Is EUR/USD Most Traded? EUR/USD is the most traded forex pair due to its deep liquidity and accessibility. As the currencies of two of the world’s largest economies—the eurozone and the United States—it attracts traders globally. When to Trade EUR/USD? According to theory, the best time to trade EUR/USD is usually during the London and New York trading sessions overlap, roughly between 1:00 PM and 5:00 PM GMT (winter time) and 12:00 PM and 4:00 PM GMT (summer time). This period usually offers higher liquidity and more significant price movements, which appeal to traders using intraday strategies. Which Pair Correlates with EUR/USD? EUR/USD often positively correlates with GBP/USD. These relationships stem from economic ties and shared market influences. Is Gold and EUR/USD Correlated? Gold and EUR/USD occasionally move together because both are inversely linked to the US dollar. When the dollar weakens, both gold and the euro may gain value, creating periods of positive correlation. How Many Pips Does EUR/USD Move Daily? According to statistics, the EUR/USD pair typically moves between 50 and 100 pips daily, depending on market conditions and news events. How Do You Trade the EUR/USD Forex Pair? Traders often combine technical analysis with macroeconomic insights to navigate EUR/USD. Potential high liquidity and tight spreads support strategies ranging from scalping to position trading. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. 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.
Education
by FXOpen
1
EUR/USD Struggles as Tariff Risks, ECB Rate Cut Prospects WeighThe euro edged up but stayed pressured around $1.03 amid uncertainty over Trump’s tariff policies. Over the weekend, Trump confirmed a 25% tariff on Mexican and Canadian imports, a 10% duty on Chinese goods, and threatened EU tariffs, citing the U.S. trade deficit. However, Mexico secured a one-month delay by agreeing to deploy 10,000 troops to curb fentanyl trafficking. The euro also faced pressure from the ECB’s dovish stance and prospects of further rate cuts after last week’s expected 25bps reduction. Meanwhile, Euro Area inflation rose to 2.5% in January, above the 2.4% forecast, while core inflation held at 2.7%, defying expectations of a slight dip. From a technical perspective, the first resistance level is at 1.0305, with further resistance levels at 1.0360 and 1.0460 if the price breaks above. On the downside, the initial support is at 1.0220, followed by additional support levels at 1.0180 and 1.0120.
by zForexcom