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Euro

🚀EURUSD is Ready to GO UP🚀🏃 EURUSD is moving near the 🟢 Support zone($1.0800-$1.0756) 🟢. 🌊According to the theory of Elliott waves , EURUSD seems to have completed its five downtrends . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect EURUSD to rise at least to the end of wave 4 at the 🔴 Resistance zone($1.0916-$1.0880) 🔴 in the coming hours or the coming week . Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
1
Title: "EUR/USD Potential Buy Opportunity: Navigating Friday AftIn the aftermath of Thursday's significant market downturn, the EUR/USD pair is presenting a potential buying opportunity within the range of 1.08200 to 1.08300. As traders assess the recent market dynamics, Friday's trading session holds a unique position for those seeking strategic entry points. Thursday's sharp decline may have been influenced by a variety of factors, such as economic data releases, geopolitical events, or broader market sentiment. The EUR/USD pair, reflecting the dynamics between the Eurozone and the United States, experienced notable fluctuations during this period. The identified buy zone of 1.08200 to 1.08300 signifies a range where the currency pair has historically exhibited support, offering a compelling entry level for traders looking to capitalize on potential market reversals. Analyzing technical indicators, such as moving averages, support and resistance levels, and trend patterns, can provide additional insights into the strength of this buying zone. It's crucial for traders to consider the implications of Friday's trading, especially given the typical volatility associated with the last day of the trading week. Friday often introduces unique challenges and opportunities as market participants adjust their positions before the weekend. Therefore, a comprehensive analysis of market conditions, economic news, and any potential catalysts is essential to making informed decisions. Risk management remains a paramount consideration. Traders should set clear stop-loss levels and be prepared to reassess their positions based on real-time market developments. Additionally, monitoring global economic events and news releases during Friday's session is advised, as unexpected developments can impact currency movements. In conclusion, the highlighted buy zone in the EUR/USD pair presents an intriguing opportunity for traders amid the aftermath of Thursday's market decline. Vigilance, thorough analysis, and a proactive approach to risk management will be instrumental in navigating the potential upsides and downsides during Friday's trading session.
by hungryRhino97978
EURO - Price can correct to support level and then bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price traded between $1.0950 resistance level, which coincided with resistance area. After this, Euro little rise, after which it started to decline in falling channel, where soon price broke $1.0950 level. Then price declined to support level, which coincided with support area, and started to trades near this level in channel. Later Euro even declined below $1.0850 level to support line of channel, but soon turned around and rose to resistance line. Price fell below $1.0850 again, but recently it rose back, and at the moment EUR trades near this level. In my mind, Euro can make correction to this level and then bounce up to $1.0910 resistance line of channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
EURUSD Analysis(➡️RR=2.00)🏃 EURUSD is moving in the 🔴 Resistance zone($1.0910-$1.0880) 🔴 and near the Downtrend line . 🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 4 at the 🔴 Resistance zone($1.0910-$1.0880) 🔴. 🔔I expect EURUSD to continue to Decline at least to the 🟢 Support zone($1.0800-$1.0756) 🟢. -------------------------------------------------------------------------------- EURUSD 🔴Position: Short ✅Entry Point: 1.08877 USD (Stop Limit Order) ⛔️Stop Loss: 1.09380 USD 💰Take Profit: 🎯 1.08372 USD RR==1.00 🎯 1.07869 USD Risk-To-Reward: 2.00 Please don't forget to follow capital management ⚠️ Please pay attention to the style of opening the position.⚠️ -------------------------------------------------------------------------------- Euro/U.S.Dollar Analyze ( EURUSD), 4-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
3
EURAUD H4 | Potential bullish bounce off pullback supportEUR/AUD could fall towards a pullback support and potentially bounce higher towards our take-profit target. Entry: 1.64916 Why we like it: There is a pullback support level Stop Loss: 1.64530 Why we like it: There is a pullback support that lies under the 38.2% Fibonacci retracement level Take Profit: 1.66170 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
Europe Keeps Working, Particularly Ex the Euro. Charting HEDJ.Foreign markets have made some headlines in recent months. The German Dax and French CAC 40 hit record levels toward the end of 2023. Those indexes are generally priced in local currency, and a rising dollar in 2023 led to relative underperformance among US-traded ETFs. The US Dollar Index (DXY) has consolidated around the key 104 level lately. Amid this FX volatility, non-US funds that hedge currency risk have their merit. Research shows that hedging the dollar can work since US investors in international equities are susceptible to what is called “wrong-way” risk. That is, when stocks plunge, the move lower usually coincides with a surging dollar, compounding losses in foreign stock holdings. The WisdomTree Europe Hedged Equity Fund ETF (HEDJ) addresses this reality by focusing on holding shares in companies with significant exports while engaging in currency hedging to remove the risk of a declining euro. What I like about HEDJ’s chart today is that it has climbed to new cycle highs as of last month, whereas traditional Europe index ETFs remain well under their mid-2021 highs. HEDJ has historically performed well during the first quarter, with shares rising 71% of the time in February and 79% in all March instances, according to data from Equity Clock. But what about the price action on the chart? I see positive signs there, too. My featured chart illustrates that HEDJ continues to trend higher. Price is above both its rising 50-day and 200-day moving averages, and just recently held the key $41 to $42 zone. In terms of where the ETF may go from here, we can project a price target using the $31 low from October 2022 and the range highs between $41 and $42. That $10 to $11 height, added on top of the $42 breakout point, leads to a measure move price objective into the low $50s.
AMEX:HEDJLong
by mikezaccardi
HelenP. I Euro will small correct, after which continue to growHi folks today I'm prepared for you Euro analytics. A not long time ago price reached the 1.0825 support level, which coincided with the support zone and soon broke it. After this movement, the Euro made a strong impulse up to the 1.1000 resistance level, which coincided with the resistance zone, but at once rebounded and made correction. Then the price continued to move up and rose to the 1.1000 level again, but this time the Euro broke it and rose to the trend line. Next, the price rebounded from the trend line and made an impulse down, breaking the resistance level one more time, after which EUR rose to this level and then continued to decline near the trend line. As well, the price formed a wedge pattern, where the price fell to the support level, after which it rebounded and made an impulse up, exiting from this pattern and breaking the trend line. At the moment, the price continues to move up and I expect that the Euro will make a small correction, after which the price will turn around and continue to grow to the 1.10000 resistance level, which is my target. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
EURJPY H4 | Approaching pullback supportEUR/JPY is falling towards a pullback support and could potentially bounce higher towards our take-profit target. Entry: 160.176 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 158.608 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement level Take Profit: 162.091 Why we like it: There is a pullback resistance that aligns with the 78.6% 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.
Long
by VantageMarkets
EURGBP H4 | Potential bullish breakoutEUR/GBP is trading close to a pullback support and could potentially break above a descending trendline to make a bullish rise to the upside. Buy entry is at 0.85700 which is a potential bullish breakout level (wait for price to break through the descending trendline for confirmation). Stop loss is at 0.85350 which is a level that sits under a pullback support. Take profit is at 0.86150 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. 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
12
Euro can break support line and continue fall to support levelHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the EUR a few days ago rising inside the upward channel, where it even made a fake breakout, but after this price turned around and made an impulse up to the 1.0785 support level. After this, the Euro broke this level, thereby exiting from the channel and started to trades in the range, where the price rose to the top part, which coincided with the resistance level and at once rebounded down to the buyer zone. In this zone, the price declined to the support line and at once rebounded back to the range, making a fake breakout, after which EUR reached the 1.1010 resistance level. In a short time price broke this level, and rose to the resistance line, but then the Euro rebounded from this line and made a strong downward impulse to the support line, breaking the 1.1010 resistance level, which coincided with the seller zone, one more time. Recently, the price bounced from this line and tried to rise, but failed and now trades very close to this line. In my mind, the Euro can bounce from the support line and rise to the resistance line, after which it will make a downward impulse to the support level, breaking the support line. For this reason, I set my target at the 1.0785 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
EURO - Price can correct to support line and make upward impulseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level. Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it. After correction, Euro made a strong upward impulse to resistance line of pennant, thereby breaking $1.1005 level. But soon, price bounced from this line and in a short time declined lower this level, breaking it one more time. Then EUR rose to resistance line, after which bounced down to support level, but recently it rose back to this line. Possibly Euro can decline to support line and then make upward impulse to $1.0970, thereby exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
EUR/USD Awaits ECB Meeting Amidst Shifting Market DynamicsEUR/USD Awaits ECB Meeting Amidst Shifting Market Dynamics The EUR/USD pair is registering modest gains, hovering near the 1.0900 area in the early European trading session on Monday. All eyes are on the European Central Bank's (ECB) upcoming January monetary policy meeting, scheduled for Thursday. As of the latest update, EUR/USD is trading at 1.0897, reflecting a 0.03% increase for the day. Technical Analysis: From a technical standpoint, the price experienced a rebound around the 1.08500 support area, coinciding with the 61.8% Fibonacci level and the Dynamic trendline. These factors contribute to the pair's attempt to gather new bullish momentum for a sustained upward movement. Shifting Market Sentiment: Market sentiment has witnessed a shift as doubts grow regarding the likelihood of a Federal Reserve (Fed) interest rate cut in March. Last week's positive US economic data, including Retail Sales and the Consumer Sentiment Index, have contributed to this change. According to the CME FedWatch Tool, the probability of a rate cut in March has decreased to 49.3%, down from 81% just a week ago. ECB's Cautious Stance: In contrast, the European Central Bank (ECB) Governing Council members are exercising caution against prematurely easing financial conditions. The January policy meeting on Thursday is not expected to bring any policy changes. Traders will be keenly watching ECB President Christine Lagarde's post-meeting speech for indications on potential rate cuts this year. Investors anticipate a gradual approach by the ECB, with interest rate cuts likely in the spring, driven by sustained progress towards the 2% inflation target. Upcoming Events: The ECB's monetary policy decision is scheduled for Thursday, and no policy changes are anticipated. Additionally, Thursday will see the release of the US preliminary Gross Domestic Product Annualized (Q4). On Friday, the Commerce Department will unveil the December reading on the Personal Consumption Expenditures Price Index (PCE), a key inflation gauge for the Fed. Conclusion: As the EUR/USD pair maintains a bullish stance, the spotlight is on the ECB meeting and evolving market dynamics. Technical indicators suggest a potential upside, but external factors, including the Fed's stance and US economic data, contribute to the complex currency landscape. Traders should stay attentive to central bank communications and economic releases for a comprehensive understanding of the pair's future movements. Our preference Long positions above 1.07700 with targets at 1.10170 & 1.1140 in extension.
Long
by FOREXN1
1