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Eur-usd

Could EUR/USD reverse from here?Price is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.08941 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.09159 Why we like it: There is a pullback resistance level. Take profit: 1.08586 Why we like it: There is an overlap support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURUSD Bullish break-out or Bearish rejection?The EURUSD pair cemented a strong rebound yesterday as it broke above the May 16 High, after it held the 1D MA50 (blue trend-line) as Support. This took yesterday's 1D candle exactly at the top (Lower Highs trend-line) of the December 28 2023 Channel Down. This is the last chance for the pair to resume the pattern's downtrend, if today's 1D candle closes inside the Channel Down, which will constitute a Lower Highs rejection. In that case, we will require a closing below the 1D MA50 as well in order to confirm the downtrend. The 1.0640 Support will be the Target. If however the candle closes above the Channel Down, it will be a confirmed bullish break-out and in our opinion there will be high probabilities of imitating the July 2023 rally. That rise peaked exactly on the 1.382 Fibonacci extension level, so on that occasion, that will be our Target (1.1125), which conveniently falls just below the 1.11400 Resistance. Notice also how similar the 1D RSI sequences are between the two fractals. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
Falling towards a pullback support, could it bounce from here?EUR/USD is falling towards a support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08932 Why we like it: There is a pullback support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 1.08623 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci retracement. Take profit: 1.09421 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
EURO - Price can exit from triangle and fall to support levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from support area, which coincided with support level, and rose to resistance area. Then EUR started to decline in falling channel and soon exited from resistance area, making fake breakout. In channel, price declined until to support line, broke $1.0820 level, but then it made strong upward impulse. After this, price exited from channel and later started to trades inside triangle, where it fell lower support level again. Soon Euro bounced up from support line of triangle to resistance line, breaking $1.0820 level again. Recently it started to decline, so, I think EUR can little rise and continue to fall to $1.0820 level, exiting of triangle. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2
Sell EURUSD H4 Channel Breakout & Order BlockThe EUR/USD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0820, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0620 Stop-Loss: To manage risk, place a stop-loss order above 1.0900. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Opportunity Breakdown : 1. Bullish Channel Breakout & Retest 2. Price Reversal @ Fibo - 0.786 Market Factors: Dovish ECB vs Hawkish Fed: The European Central Bank (ECB) is generally expected to maintain a dovish stance on interest rates, while the Federal Reserve might continue raising rates to combat inflation. This interest rate differential could weaken the EUR relative to the USD. Weak Eurozone Data: Recent economic data releases from the Eurozone might have painted a weaker picture of the region's economic health, potentially undermining confidence in the Euro. Thank you.
Short
by KABHI_TA_TRADING
7
Sell EURUSD Channel BreakoutThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0850, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0819 2nd Support – 1.0805 Stop-Loss: To manage risk, place a stop-loss order above 1.0885 This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
19
Heading into 61.8% Fibonacci resistance?EUR/USD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.08524 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.08838 Why we like it: There is a pullback resistance level. Take profit: 1.08041 Why we like it: There is a pullback support level which lines up with the 78.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURUSD (Still in the same Range)EURUSD Techncial analyse The price reached the price we mentioned in the previous idea, it was the upper of the channel. Now, after touching the support line the price rebounded and will continue the bullish trend toward 1.08800 and then should break that to get 1.0917 and 1.09575 stability under 1.0796 means will start a bearish trend toward 1.0707, Pivot Price: 1.0850 Resistance Levels: 1.0880, 1.0917, 1.0992 Support Levels: 1.0796, 1.0707, 1.0650 The price is expected to oscillate between the support at 1.0796 and the resistance at 1.0917. previous idea:
by SroshMayi
Bullish bounce off 38.2% Fibonacci support?The Fiber (EUR/USD) is currently at the pivot which acts as an overlap resistance and could rise to the 1st resistance. Pivot: 1.0793 1st Support: 1.0742 1st Resistance: 1.0842 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
EURUSD: ZONES and CHANNELS Hello traders: This is intraday analysis for EURUSD: The mid-term channel is bullish and we are around a good place to see pressure of buyers. On the other hand, the bullish short-term channel is broken but we are far enough from it. I'm searching for longing the pair around the current zone 1.0845. my first tp could be around 1.08550 and the final TP is 1.08650. the 1.08650 zone is perfect for short trading if it coincide with the middle mid-term channel.
by AliSignals
Trade Like A Sniper - Episode 8 - EURUSD - (29th May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing EURUSD, starting from the Monthly chart. - R2F
Education
by Road_2_Funded
2
Falling towards 50% Fibonacci support?EUR/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08436 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Stop loss: 1.08207 Why we like it: There is a pullback support that lines up with the 78.6% Fibonacci retracement. Take profit: 1.08845 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
EURUSD: Today's result is critical for maintaing the Channel DowEURUSD has turned bullish short-term on its 1D technical outlook (RSI = 59.604, MACD = 0.002, ADX = 30.311) as it rebounded before the 1D MA50/200 test. This is making a LH, same way it did on March 21st, again after holding the 1D MA50/200. Similarly, the 1D RSI us on the MA period. A rejection today validates the fractal bias of happening again. In that case, we are still on course to forming the new bearish wave of the five month Channel Down. We are still aiming for the 1.236 Fibonacci extension (TP = 1.05550). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
1
EURUSD: Intraday:Upon examining the updated chart for EUR/USD, it appears our previous analysis was profitable. Let's break down the current chart and provide an updated intraday analysis based on the new information provided. Previous Day Analysis Review In our previous analysis, we noted key support and resistance levels, the short-term upward channel, and the highlighted support zone. The suggested bullish scenario played out, as the price respected the lower boundary of the channel and moved upward, yielding profitable trades for those who followed the strategy. The price is still moving within the upward channel marked in red. The lower boundary of the channel remains around 1.08600, with the upper boundary near 1.08900. Support and Resistance: The highlighted support zone (purple) around 1.08550 - 1.08650 remains critical. Near the lower boundary of the channel at 1.08600. The upper boundary of the channel at 1.08900. The price recently tested the upper boundary and pulled back, suggesting a potential retest of the support zone and the lower boundary of the channel. A rebound from the support zone would align with the short-term bullish trend within the channel. Trading Scenarios Entry Point: Near the support zone at 1.08550 - 1.08650. Target: The upper boundary of the channel that could around 1.08900 or more. Stop-Loss: Below 1.08500, just under the support zone. The intraday analysis confirms a profitable outcome from our previous analysis. The key levels to monitor include the support zone around 1.08550 - 1.08650 and the upper boundary of the channel at 1.08900. Maintaining a disciplined approach with proper risk management is crucial for successful trading.
Long
by AliSignals
1
EURUSD: Intraday Analysis Features of the Chart: Short-Term Bullish Channel: Relatively sharp incline. Mid-Term Channel: Almost range-bound. Trend Line: Key support/resistance. Trading Plan: Confirmation to Buy: Wait for the break of the trend line and a move above 1.0856. Entry Point: Enter long around 1.085, which is the cluster of: Broken trend line Midpoint of the long-term channel Midpoint of the short-term channel Note: This analysis is valid for intraday trading and may be influenced by upcoming economic news or significant market events. Adjust positions accordingly based on new information.
Long
by AliSignals
Heading into pullback resistance, could it reverse from here?The Fiber (EUR/USD) is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 1.0891 1st Support: 1.0806 1st Resistance: 1.0933 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
HelenP. I Euro will continue to fall to support line of channelHi folks today I'm prepared for you Euro analytics. Some time ago price reached the support level, which coincided with the support zone, and soon broke this level, made a retest, and continued to move up. In a short time, EUR rose to a resistance level, which coincided with the resistance zone and even rose higher to the trend line, breaking the resistance level. But soon, the price turned around and started to decline in a downward channel, where it at once broke the 1.0865 level, and fell below, but soon it backed up and reached the trend line again. Later price finally broke the resistance level and continued to decline to the support line of the downward channel, after which the Euro rebounded and rose to the resistance zone, which coincided with the trend line, which is the resistance line of the channel too. But recently price rebounded from this line and started to decline. Just now, I expect that the Euro will make a small move up to the trend line and then continue to decline. For this reason, I set my goal at 1.0800 points, which is located near the support line of the downward channel. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
Potential bearish drop?EUR/USD has jst rejected off a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially fall to our take profit. Entry: 1.08566 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.08946 Why we like it: There is a pullback resistance level. Take profit: 1.08078 Why we like it: There is an overlap support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
1
EURUSD Channel Down looking for a Lower Low.The EURUSD pair gave us last week (May 17, see chart below), the ideal Lower High sell entry, as the price got rejected exactly where we wanted it to at the top of the 5-month Channel Down: We now view this price action from the 1D time-frame where the 1D MACD is about to form a Bearish Cross. Every time in the past 6 months this was formed above the 0.00 level, it was a confirmation that the pair would go after at least a -2.35% decline. This is perfectly aligned with Target 2 (1.06550) on Support 2. Target 1 (1.07300) is just above Support 1, both of which are estimated in accordance to the March Bearish Leg, which also hit its Support 1 and 2 before a rebound. It has to be noted also that while Target 2 represents a -2.35% decline, it would also make contact with the 1W MA100 (red trend-line), which is practically our long-term Support, having held and caused rebounds both on the April 16 2024 Low and before that on the November 10 2023 Low. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Could EUR/USD bounce from here?Price is falling towards a support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 1.07986 Why we like it: There is a pullback support that lines up wit the 38.2% Fibonacci retracement. Stop loss: 1.07688 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Take profit: 1.08568 Why we like it: There is an overlap resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
EURUSD (Toward 1.08030)EUR/USD: Euro Dips Near $1.08 as Traders Await Fed Minutes Despite the anticipation, analysts foresee no surprises, expecting the familiar "we're data dependent" stance from the US central bank. Fed Chair Jerome Powell has repeatedly emphasized that policymakers are closely monitoring all incoming data and are prepared to reduce interest rates if signs indicate the economy is at risk of derailing, potentially impacting businesses and consumers. Technically: The price reached the price we mentioned in the previous idea, it was the upper of the channel. Now, the price will continue the bearish trend toward 1.08030 and then should break that to get 1.0770 and 1.07070 stability above 1.0883 means will start a new bullish trend toward 1.0992, Previous Idea: Pivot Price: 1.0853 Resistance Levels: 1.0992, 1.1045, 1.1075 Support Levels: 1.0803, 1.0768, 1.0707 The price is expected to oscillate between the support at 1.08030 and the resistance at 1.0883.
Short
by SroshMayi