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Euro

EURNOK Bearish short-term.The EURNOK pair is currently testing the 1D MA200 (orange trend-line), being at the same time supported by the 1D MA50 (blue trend-line). This ranged trade is the Higher High after the pair bottomed on December 27 2023 and started rising within a Channel Up. Based on the similar bottom rebound after the July 25 2023 Low, we expect the pair to reach the 0.5 Fibonacci level and then reverse downwards. If that happens we will sell there and target 11.3200 (Fib 0.236). ------------------------------------------------------------------------------- ** 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 a little more and then fall to $1.0765Hi folks today I'm prepared for you Euro analytics. A few days ago price traded between the resistance level, which coincided with the resistance zone, but when EUR reached the trend line, it rebounded down and broke the 1.0935 level. Also then, the price continued to decline and even later happened gap, after which the price in a short time rose to the trend line and then made impulse down to the support zone, which coincided with the support zone. After this, the Euro some time traded in this zone, even rising higher than the 1.0765 level, but soon declined back and even lower. Then price turned around and in a short time rose to the trend line, breaking the support level one more time. As well soon, the EUR broke the trend line, made a retest, and continued to move up, therefore now I expect that the Euro will rise to 1.0885 points, after which it can turn around and start to decline to a support level. That's why I set my target at the 1.0765 support level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
3
Euro can exit from pennant and then rise to resistance levelHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago declined from the resistance level, which coincided with the seller zone, but soon it turned around and rebounded higher than the 1.0890 level and even the seller zone. But then EUR started to decline and in a short time it fell below the 1.0890 level, breaking it one more time, to the 1.0800 level, which coincided with the support area. Then price bounced to the resistance level and made a downward impulse lower than the 1.0800 level, breaking it and also entering to range. In range, the price tried to back up, but failed and declined to bottom part of this pattern. After this, the price reached the support line of the pennant, and made a strong upward impulse higher than the 1.0800 level, breaking it again, and exiting from the range too. Later Euro reached the resistance line of the pennant, but at once turned around and declined to the support level. Also recently, the price bounced from the support level and now it trades near the resistance line of the pennant, therefore I think Euro can fall to the support line of the pennant and then make an impulse up to the resistance level, thereby exiting from this pattern. For this case, I set my target at the 1.0890 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
EURO - Price can bounce up to $1.0885, thereby exit of wedgeHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price declined lower support level, which coincided with support area, thereby breaking it. Then Euro started to trades in wegde, where it made upward impulse from support line to resistance line. Thereby price breaking $1.0745 and $1.0830 levels, but soon EUR bounced from resistance line and declined below. Long time price traded between $1.0830 level, but recently it declined to support line of wedge, breaking $1.0830 level again. After this movement, EUR at once bounced from this line and rose to resistance area, where it continued to trades now. At the moment I think that Euro can bounce from support level to $1.0885, thereby exiting from wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
7
EURUSD Can this 4H Golden Cross turn it bullish long-term?The EURUSD pair has been trading within a Channel Down pattern since the start of the year but since the February 22 rejection on the 1D MA50 (red trend-line), it has failed to start a new decline to a Lower Low and instead has stayed near the top (Lower Highs trend-line) of the Channel Up. What is adding more to the bullish case is the formation of a 4H Golden Cross last Thursday, the first such pattern in 4 months (since October 31 2023). That was a bullish signal then, starting a very strong rally towards the December 28 2023 High. Despite this bullish technical sentiment, since the Channel Down is intact and as long as the 1D MA50 holds, we are bearish, targeting 1.07500 initially (just below the 0.618 Fibonacci retracement level, which was the November 01 2023 pull-back target). If a 1D candle closes below 1.07300, we will resell and target Support 2 at 1.06550. If on the other hand, we close a 1D candle above the 1D MA50, then the bullish bias of the 4H Golden Cross will prevail and we will take the loss on the sell and instead buy, targeting the -0.236 Fibonacci extension and medium-term Resistance at 1.09300 (which was the November 06 2023 bullish break-out target within the Megaphone). Notice also how similar the 4H MACD sequence of the October - November 2023 Megaphone is to the price action now since February. ------------------------------------------------------------------------------- ** 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
EUR/USD Analysis: Key Zones and Entry Points Traders, Let's analyze EUR/USD across various time frames: Weekly Chart: We identify three distinct zones, with the nearest around 1.09. Daily Chart: The closest upper chart rests at 1.08838, while the nearest lower one is at 1.07994. 1-Hour Chart: Our initial entry aligns with the daily pivot and a crucial Murray level. Additionally, we anticipate: A potential break of the bearish trend line, signaling further bullish momentum towards the next level. Keep a close watch on the ECB rate decision on Thursday, March 7th, as it could significantly impact market sentiment. Our suggested entry zones for long positions are clearly marked on the chart, approximately around 1.0830 and 1.0800. Remain vigilant and trade wisely. Best regards,
Long
by AliSignals
Euro H1 | Heading into resistanceThe Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.08580 Why we like it: There is a pullback resistance level Stop Loss: 1.08884 Why we like it: There is a pullback resistance level Take Profit: 1.07988 Why we like it: There is a pullback support that sits above the 50.0% Fibonacci retracement 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
EURUSDT - change trend. Large Wyckoff reversal model.Large Wyckoff reversal model. - Price is trying to break the trend line - Price is forming a triangle - The price made a false break of the lower boundary of the sidewall - 12-month timeframe shows fractal reversal with three bars if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Long
by Artem_Dishel
HelenP. I Euro will fall to trend line and rebound up to $1.0895Hi folks today I'm prepared for you Euro analytics. Some days ago price started to decline in a downward channel, where it first rebounded from the resistance line and fell to the resistance level, which coincided with the resistance zone. After this, the price bounced and tried to rise, but failed and after some time traded near the resistance zone and declined lower than the 1.0895 level, thereby breaking it. Next, the EUR some time traded near this level and later rebounded down from it to the support level, which coincided with the support zone and support line of the channel. Then price bounced and tried to rise, but failed again and declined to the trend line, which is located in the support zone, and soon rebounded up, making a fake breakout of the 1.0725 level. Some time later Euro exited from the downward channel and continued to move up near the trend line, but a not long time ago it fell to this line, where at the moment EUR continues to trades near. For my mind, the Euro will decline to the trend line again and then rebound up to the 1.0895 resistance level, which is my target. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
4
Euro H1 | Potential Bullish breakoutThe Euro (EUR/USD) could fall towards a potential breakout level and fall lower towards our take-profit target. Entry: 1.08278 Why we like it: There is a potential breakout level (price is exhibiting a potential descending triangle pattern which is typically bearish) Stop Loss: 1.08459 Why we like it: There is a pullback resistance level Take Profit: 1.07971 Why we like it: There is a multi-swing-low 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
Euro H4 | Falling to 50% Fibonacci supportThe Euro (EUR/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.07969 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 1.07220 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is at 1.08902 which is a pullback resistance. 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. 66% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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.
Long
by FXCM
1
EURAUD H4 | Heading into swing-high resistanceEUR/AUD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.66313 which is a swing-high resistance. Stop loss is at 1.66900 which is a level that sits above the swing-high resistance. Take profit is at 1.65224 which is a pullback 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. 66% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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
3
Euro can continue to decline to 1.0725 support levelHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago started to trades in a triangle, where it first rebounded from the 1.0725 support level, which coincided with the buyer zone and made a strong upward impulse to the resistance line, thereby breaking the 1.0920 resistance level. After this, the Euro turned around and fell to the seller zone, where it rebounded at once, and then tried to rise, but failed and declined lower than the 1.0920 level, breaking it one more time. Next, the price continued to fall, but one time it bounced up to the resistance line of the triangle, after which the price soon rebounded and declined to the support level. Then Euro tried again to rise but fell to the buyer zone, which soon it rebounded up to the resistance line of the triangle, making a fake breakout of the 1.0725 level. In a short time later, the price broke the resistance line, thereby exiting from the triangle pattern and then continuing to move up. But a not long time ago EUR turned around and started to decline. So, in my opinion, the Euro can grow to 1.0860 points, after which it will continue to fall to the 1.0725 support level, which is my TP. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1