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Euro

EURUSD: Bearish reversal if the 1D MA50 breaks.EURUSD is on the lower levels of neutrality on the 1D timeframe (RSI = 46.772, MACD = 0.003, ADX = 17.817) as it reversed aggressively on the 1.12100 R1 level, forming what is so far a DT (double top) on a 1month 1D RSI bearish divergence. The same divergence was formed on the December 28th 2024 HH and it caused a decline to the 0.618 Fibonacci level. The trigger point to sell is always the 1D MA50. Consequently, we will turn bearish if it is crossed, aiming at the 0.618 Fib (TP = 1.08350). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
1
Euro can reach seller zone and then rebound downHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some days ago started to decline from the resistance level inside the downward channel. In channel, the price rebounded from the resistance line of the channel and dropped to the support level, which coincided with the buyer zone and support line of the channel. Then the price made a fake breakout of 1.1050 level and then rebounded up, thereby exiting from the downward channel and then turned around and started to decline inside the wedge. EUR dropped to the support line of the wedge, breaking the support level, but soon it started to grow and rose back and broke this level again. Then price continued to grow in a wedge, and later reached the resistance line, after which made a correction below. EUR fell to the support line of the wedge and then in a short time rose to the resistance line of the wedge, but soon turned around and declined back. A not long time ago price repeated movement up from the support line and at the moment it trades very close to the resistance level. So, I think that the price can rise to the seller zone and then it turn around and fall to support line of the wedge. That's why I set my TP at 1.1155 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
10
EURO - Price can break resistance level and then exit of pennantHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to pennant, where it at once declined to support line and made upward impulse. Price broke $1.1080 level and then made a retest and then continued to move up, but later made correction. Next, EUR made upward impulse to $1.1180 level but then turned around and declined to support line of pennant. Later it made upward impulse to resistance line of pennant but soon fell below $1.1180 resistance level. But a not long time ago it rose to resistance line of pennant again and recently fell back and now it is trying to rise. In my mind, EUR can little decline and then bounce up to $1.1225, breaking resistance level and exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
8
EURUSD H4 - Short setupEURUSD H4 Our sell zone here on EURUSD is playing out well 1.12 seems to be the handle which is holding as effective resistance. 3 attempts to break higher, 3 time resistance has held and see a dump of around 60-70 points, with just 10-15 points of movement around the 1.12 stoploss area. This 60-70 point range is certainly an area and range we can follow. Ultimately, out target is 1.10, but we may see price bounce from current price like we have on the last few occassions.
Short
by Trade_Simple_FX
Will the ECB's dovish stance put downward pressure on the euro? EURUSD has remained range-bound between 1.1100~1.1215 for the week amidst escalating debates on whether the ECB will implement further rate cuts. Germany's September CPI has dropped to 1.6% YoY, down from the previous month's 1.9%. Market expectations indicate that the eurozone's CPI will decrease to 1.9% in September from 2.2%, marking the first time it has fallen below 2% since July 2021. A sustained decline in eurozone CPI could prompt the ECB to lower interest rates, exerting additional downward pressure on the euro. Since last week, EURUSD has consolidated in the 1.1110-1.1215 range. After breaking EMAs, the price awaits an additional catalyst for a bounce back. If EURUSD recovers above EMA21 and breaches 1.1215, the price could surge to 1.1270, the highest since Jul 2023. Conversely, if EURUSD breaks the support at 1.1110, the price could fall further to 1.1050.
by inkicho_exness
EURAUD Sell signalThe EURAUD pair gave us an excellent but signal last time (July 15, see chart below) as the price rallied straight after it, easily hitting our 1.64500 Target: The pair is already on the new Bearish Leg of the 1-year Channel Down and until the 1D RSI starts forming Higher Lows and waves a Bullish Divergence (like the two previous bottoms), we will remain bearish, targeting 1.59500 (bottom). ------------------------------------------------------------------------------- ** 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
1
HelenP. I Euro can rise higher than resistance level, breaks itHi folks today I'm prepared for you Euro analytics. Some days ago price declined to the trend line, but soon it turned around and started to grow. It quickly rose to the support level, which coincided with the support zone, and broke it. After this, EUR rose a little and then made a correction to the support zone, after which continued to move up to 1.1145 points, and then started to decline. In a short time, the price fell to the 1.1080 support level and at once rebounded up to the resistance level, which coincided with the resistance zone and some time traded near. After this movement, EUR turned around and dropped to the trend line, after which quickly backed up. Also, the price broke the 1.1180 level but soon fell below, making a fake breakout. Price tried to break the resistance level again, but failed and recently dropped to the trend line. Now, EURUSD rising to a resistance level again, for this reason, I expect that the price can reach this level and then make a small correction movement. After this, Euro will break the resistance level and continue to move up, that's why i set my goal at 1.1220 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
7
EURUSD Bullish continuation of the Channel Up.The EURUSD pair is defying the Double Top selling pressure of the 1.12100 Resistance and it appears that there are high probabilities of extending the Bullish Leg of the June's Channel Up. With the support of the 1D MA50 (blue trend-line) that contained the September 11 pull-back, the trend may be targeting the pattern's top for a new Higher High. It appears that so far there is high symmetry between the July - August 2024 Leg and October - November 2023 trend (both +4.99% rises), so the current uptrend may be of around +3.85%, similar to the one of December 2023. As a result, with the 1D MACD also on a Bullish Cross, we are targeting 1.13500 for a Higher High. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Euro can reach resistance level and then start to declineHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price declined to 1.0775 points, after which turned around and made a strong impulse up to the 1.1000 support level, which coincided with the support zone. Then the price rebounded from this level and made a small correction movement, and then continued to move up next. Soon, the price broke the 1.1000 level and made a retest, after which rose to the resistance level, which coincided with the seller zone. Next, EUR turned around and started to decline to support the level inside a triangle. And when it reached this level, which coincided with the support line of the triangle, the price turned around and rebounded. A short time later Euro reached the 1.1200 resistance level and some time traded near this level and even tried to break it, but failed and dropped below. So, in my opinion, the price can reach the resistance level again and then start to decline to support line of the triangle. After the price reaches this line, it can break it, thereby exiting from the triangle pattern and continuing to move down. For this case, I set my TP at 1.1060 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
11
EURO - Price can fall to almost support line of rising channelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined inside falling channel, where it broke $1.1070 level and fell to almost support line. Price turned around and started to grow, and in a short time, it left falling channel and started to grow in rising channel. In this channel, Euro broke $1.1070 level one more time and rose a little more, after which made a correction. After correction, the price bounced up to $1.1160 level and even entered to support area, where some time traded. Then EUR fell back and repeated movement up, breaking $1.1160 level and rose a little more than the support area. Now, I think that the price can rise a little more and then start to decline to $1.1120, breaking the support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2
EURUSDEURUSD . Potential long opportunity. Our previous idea for EURUSD has been correct . We believe that EURUSD will continue to the upside after coming down to our PBA 1 (Pull Back Area) . Our entry is sitting at the pullback area at 1.11363 . Break above our PBA 2 would result in higher highs . Our TP (Take Profit) is sitting at 1.12300 . If price falls below our PBA 1 it would invalidate our trade idea. SL (Stop Loss) is set at the break of our PBA 1 at 1.11110 . PARAMETERS - Entry: 1.11363 - SL: 1.11110 - TP: 1.12300 KEY NOTES - EURUSD has fallen to our PBA 1. - DXY still weak. - Break above PBA 2 would confirm higher highs. - Break below PBA 1 would invalidate the trade idea. Happy trading! FxPocket
Long
by FxPocket
Euro can make movement up and then continue to declineHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago entered to wedge, where it rebounded from the support line and rose to the resistance line, which is located in the support zone. After this, the price turned around from the resistance line made a correction to the support line, and then made an impulse up. Euro broke the 1.1010 level, after which it exited from the wedge and started to trades inside range. Inside range, EUR at once rose to the seller zone, but soon turned around and started to decline, making a fake breakout of the resistance level. In a short time later, the price tried to grow, but turned around and made a correction to the support level, after which made an upward impulse to the 1.1175 resistance level. Euro some time traded near this level and not a long time ago started to decline. Therefore I think that the price can make movement up and then continue to decline to the support level, which coincides with the bottom part of the range. For this case, I set my TP at 1.1010 support level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
10
EURUSDEURUSD . Potential long opportunity. This is an adaptive analysis! Our idea for EURUSD is a long after the price has fallen to our PBA (Pull Back Area). With DXY showing weakness we do believe that EURUSD could rise to our target 1.11674 . Our SL is set at 1.10751 . In second scenario , we could see EURUSD make a deeper pullback down to 1.10500 which could be the second entry . Targets remain the same while SL would sit around 1.10150 . PARAMETERS - Entry: 1.11057 - SL: 1.10751 - TP1: 1.11363 - TP 2: 1.11674 KEY NOTES - EURUSD has fallen to our PBA. - Adaptive analysis. - DXY showing weakness. - EURUSD may make a deeper pullback to 1.10500. Happy trading! FxPocket
Long
by FxPocket
EURHUF Short-term buy signal.The EURHUF pair is attempting to form a new short-term bottom just below the 1D MA50 (blue trend-line) and based on the previous two of August and July, is should take another week to do so. Buy once Friday's Low is re-tested and target the top (Lower Highs trend-line) of the long-term Triangle at 397.000. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Euro H4 | Range-bound tradingThe Euro (EUR/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.1178 which is a swing-high resistance. Stop loss is at 1.1215 which is a level that sits above the 127.2% Fibonacci extension level and a swing-high resistance. Take profit is at 1.1081 which is a multi-swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM