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EUR (Euro)

EURO - Price can bounce up from triangle to $1.0480Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined inside a falling channel, where price fell to resistance level and some time traded between. Then EUR fell to support line of channel, but soon backed up to $1.0500 level and continued to trades between it. Later, price rose to resistance line and then made downward impulse, thereby breaking $1.0500 level and exiting from channel. Next, Euro continued to fall inside triangle, where it first fell to support line, breaking $1.0400 level. But soon, price rose to $1.0400 level and some time traded near, after which broke it and rose to resistance line. So, I think Euro can little correct and then bounce up to $1.0480, exiting from triangle pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
EURUSD: 4H MA50 crossing signals new rally.EURUSD is remains bearish on its 1D technical outlook (RSI = 41.523, MACD = -0.006, ADX = 15.575) but today it crossed and closed a 4H candle over the 4H MA50 for the first time since December 10th. Along with that, it crossed above the LH trend-line, thus technically invalidating the short term bearish trend. Given the recent December 18th double bottom on the S1 Zone, the pattern that prevails is a Rectangle, thus today's breakout is technically targeting the patterns top. Consequently our target is near the R1 Zone (TP = 1.0600). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
EURCHF Massive Short! SELL! My dear friends, EURCHF looks like it will make a good move, and here are the details: The market is trading on 0.9398 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.9355 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
HelenP. I Euro will break trend line and continue to growHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price rose to the rend line, making a first gap, and the started to decline to the resistance level, which coincided with the resistance zone. When the price fell to this level, it broke it, and then some time traded near the 1.0625 level, after which continued to fall next. Later Euro fell to the support level, which coincided with the support zone, and then rose to almost the resistance level, making a second gap. After this, it made a small correction and then continued to move up to the trend lin, and when it reached this line, the price turned around and continued to fall. Some time later, EUR fell until to support level and then at once rebounded and quickly rose to trend line. Now, it trade close to this line and I expect that EURUSD will make little correction and then rebound up, higher than the trend line, breaking it and continuing to move up. That's why I set my goal at 1.0550 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
#EURCHF 1DAYEURCHF (1D Timeframe) Analysis Market Structure: -Trendline Resistance Breakout: The price has successfully broken above a key trendline resistance, signaling a potential shift in momentum to the upside. Forecast: -Buy Opportunity: The breakout suggests bullish momentum, and further upward movement is likely as long as the price stays above the broken resistance. Key Levels to Watch: -Entry Zone: After confirmation of the breakout or on a retest of the trendline as new support. -Risk Management: - Stop Loss: Placed below the broken trendline or recent swing low to manage risk. -Take Profit Zones: Target the next resistance levels or Fibonacci projections for potential gains. Market Sentiment: Bullish Bias: The breakout above resistance highlights strengthening buying pressure, supporting further upside potential.
Long
by PIPSFIGHTER
EurNzd could rise to 1.85On October 1st, EUR/NZD reached a local low at the psychological level of 1.75, followed by a reversal that lasted until November 1st, gaining nearly 1300 pips. A normal correction then occurred, and from mid-November, the pair started consolidating between the 1.78 and 1.80 levels. December brought a breakout above the key 1.80 level, and since then, EUR/NZD has been in a nice uptrend. As of now, the price is 1.8230, and it looks like a breakout above resistance is imminent. In this scenario, the next target for the bulls is the 1.85 level.
Long
by Mihai_Iacob
Euro can make small correction and then continue to growHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price started to decline inside the downward channel, where it at once rebounded from the resistance line and fell to the seller zone. Then price rebounded from this area and tried to grow, but failed and dropped to support line of the downward channel. Next, the price rebounded from this line and rose to the resistance line of the channel, breaking the resistance level. After this, the price some time traded in the seller zone and then broke the resistance level and dropped until to 1.0345 points, breaking the support level too, and exiting from the downward channel. Later Euro started to grow inside the upward channel, where it soon broke the 1.0385 level and then rose to the resistance line of the upward channel. After this movement, the price turned around and fell to the support level, where it some time traded near and then continued to grow near the support line of the upward channel. For this case, I think that the price can decline to the support level, after which turns around and continue to grow inside the upward channel. That's why I set my TP at 1.0450 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
EURUSD - Euro in the new year!The EURUSD currency pair is below the EMA200 and EMA50 in the 4-hour time frame and is moving in its downward channel. Maintaining the drawn upward trend line will lead to the continuation of the upward trend towards the top of the channel. In the Eurozone, inflation, which peaked at 10.6% in 2022, has been steadily declining and has approached the European Central Bank’s 2% target since early this year. Economists at Vanguard have projected: “Amid weak economic growth, we expect both headline and core inflation to fall below 2% by the end of 2025.” The OECD forecasts that the Eurozone’s annual growth will reach 0.8% this year and rise to 1.3% and 1.5% in 2025 and 2026, respectively. However, 2025 could present significant challenges for the Eurozone’s economic activities, particularly with the anticipated U.S. tariff policies. Mastercard reported that total U.S. retail sales during this holiday season grew by 3.8%.Online shopping remained the preferred choice for consumers, experiencing a 6.7% growth compared to last year. Additionally, retail sales, excluding automobiles, increased by 3.8% from November to December 24 compared to the same period last year. Inflationary risks in the U.S. remain prominent, partly influenced by President Trump’s proposed policies, particularly on tariffs and immigration. Consequently, consumer spending, a key driver of U.S. economic growth since the pandemic, might face challenges as trade policies affect the prices of imported goods, including apparel, vehicles, and steel. According to the latest U.S. jobs report, the economy added 227,000 new jobs in November, while October’s job gains were revised to 36,000. The average monthly job growth in 2024 was approximately 180,000. Unemployment rose to 4.2% in November, exceeding expectations. Despite this increase, the U.S. long-term unemployment rate remains historically low. Wage growth in November was consistent with October’s figures, showing a 0.4% monthly and annual increase, slightly above market expectations. Overall, the U.S. labor market is showing clear signs of easing contractionary pressures. Silvercrest Asset Management Group analysts expect job growth to persist due to the high number of open positions. According to the latest JOLTS report, there were 7.74 million job openings in the U.S. as of October. While this is significantly lower than the 12 million openings during the pandemic, it remains above the typical 6-7 million range seen in the late 2010s. In the Eurozone, the October employment report revealed a historically low unemployment rate of 6.3%. This indicates that the anticipated economic slowdown and hiring reductions have not yet significantly impacted labor market stability. Meanwhile, wage growth in the Eurozone reached a record high of 5.5% this year, potentially adding inflationary pressures. Economists at Vanguard anticipate that, with Germany’s economic growth slowing sharply, the Eurozone’s unemployment rate will rise to above 6% by the end of 2025. Analysts at Goldman Sachs share this outlook, stating: “Given our forecast for weaker economic growth, we expect unemployment to rise next year, reaching 6.7% by early 2026. Additionally, we anticipate wage growth to decline to 3.2% by the end of Q4 2025, as wage adjustment trends conclude and the labor market softens.”
Long
by Ali_PSND