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Euroanalysis

EURUSD: Will It Retrace to POI?Our philosophy focuses on simplicity and precision, avoiding cognitive overload. On the daily chart, EURUSD is trading within Range Zone. If another daily candle closes bullish above $1.086 (the Daily Range Bottom), it could push the price up to the Range Top at $1.1, which is our Daily Point of Interest (Daily POI). The Mid Daily Range may act as minor resistance on this move. If EURUSD falls below the Daily Range Bottom, it enters a bearish zone, with the next target around Key Daily Level 1↓ at $1.066. Alternatively, a bullish breakout above the Daily Range Top could extend gains to the Minor Daily Level at $1.112. Though, this scenario is secondary as long as EURUSD remains within the Daily Range Zone.
by Trade-Lean
EURUSD Analysis==>>Ascending Broadening Wedge Reversal Pattern!EURUSD ( FX:EURUSD )has managed to form an Ascending Broadening Wedge Reversal Pattern near the Resistance zone($1.0980-$1.0912) and Yearly Pivot Point . Also, Regular Divergence (RD-) between Consecutive Peaks . I expect the EURUSD to attack the Support zone($1.0816-$1.0775) again in the coming hours. Euro/U.S.Dollar Analyze (EURUSD), 1-hour Time frame ⏰. 🔔Be sure to follow the updated ideas.🔔 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
2
EURUSD Analysis==>>Inverted Head and Shoulders Pattern!!!EURUSD ( FX:EURUSD ) is moving near the Upper line of the Descending Channel , Support zone($1.0816-$1.0775) , and Support lines . Regarding Classic Technical Analysis , EURUSD has already broken the Neckline of the Inverted Head and Shoulders Pattern ( Bullish Reversal Pattern ). Also, Regular Divergence (RD+) between Consecutive Valleys . I expect EURUSD to rise to at least the width of the descending channel after breaking the upper line of the descending channel and SMA(100) and then attacking the Resistance lines . ⚠️Note: If EURUSD goes below $1.075, we must wait for more dumps to at least $1.069⚠️ Euro/U.S.Dollar Analyze (EURUSD), 1-hour Time frame ⏰. 🔔Be sure to follow the updated ideas.🔔 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
10
EURUSD Analysis==>>Short term==>>(Fundamental + Technical)Today's Fundamental analysis of the FX:EURUSD highlights several key factors: 1-Expected ECB Rate Cuts : With Eurozone inflation dropping below 2% in September, there is growing speculation about further rate cuts by the European Central Bank (ECB) in both October and December. These rate cuts would likely weaken the euro, as lower borrowing costs reduce demand for the currency​. 2-US Economic Performance : The recent U.S. labor market report exceeded expectations, showing solid job growth and a lower unemployment rate. This has strengthened the dollar, with investors now awaiting the upcoming U.S. CPI report(10 October), which may offer insights into future Fed policy -------------------------------------------------- Now, let's go to the technical analysis of EURUSD . EURUSD is moving in the Heavy Support zone($1.0982-$1.0916) and Potential Reversal Zone(PRZ) , near the Support lines and 100_SMA(Daily) . Also, Regular Divergence (RD+) between Consecutive Valleys . I expect EURUSD to rise at least to near the Resistance zone($1.005-$1.0995) after breaking the Downtrend line . Note: If EURUSD manages to break the Heavy Support zone($1.0982-$1.0916) and support lines, we can expect EURUSD to touch at least $1.0878. Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰. 🔔Be sure to follow the updated ideas.🔔 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
EURUSD Analysis==>>AB=CD Pattern!!!==>>Short termEURUSD is moving near the Heavy Resistance zone($1.130-$1.118) and Resistance lines . There is a possibility of Bearish AB=CD Harmonic Pattern formation near Resistance lines and Time Reversal Zone(TRZ) . I expect EURUSD to decline to the Support zone($1.082-$1.066) after breaking the Support line . Note: If EURUSD manages to break the Resistance lines, we can expect EURUSD to attack the Heavy Resistance zone($1.130-$1.118) and increase. 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.
Short
by pejman_zwin
1
EURUSD Analysis==>Cup and Handle Pattern==>>Pennant PatternEURUSD is moving near the Support zone($1.105-$1.103) and managed to break the Downtrend line . If we look at the EURUSD chart from the point of view of Classic Technical Analysis , we will notice two Cup and Handle Pattern and a Bullish Pennant Pattern . After breaking the neckline, I expect EURUSD to rise to at least the Resistance zone($1.111-$1.109) . Euro/U.S.Dollar Analyze ( EURUSD), 15-minute 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
3
EURUSD Analysis==>>Signs of a FallEURUSD is moving near the Resistance zone($1.0955-$1.0933) . According to Elliott's wave theory , EURUSD seems to be completing the Double Three Correction(WXY) . Also, the Ascending Broadening Wedge Pattern can be a sign of EURUSD reversal. I expect EURUSD to continue to decline, at least in the Support zone($1.0884-$1.0864) . This week, the US economic calendar will be very busy releasing inflation Indices that will likely influence the Federal Reserve's monetary policy . We must wait for the prices to react when the indices are published. 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.
Short
by pejman_zwin
1
EURUSD Analysis==> H&S patternEURUSD reacted well to the Potential Reversal Zone(PRZ) and Heavy Resistance zone($1.1185-$1.098) . According to the theory of Elliott waves , it seems that EURUSD has succeeded in completing five impulsive waves , and we should wait for EURUSD to decline . From the point of view of Classical Technical Analysis , it seems that Head and Shoulders Pattern is likely to form. I expect EURUSD to continue to decline, at least in the Support zone($1.0885-$1.0860) . 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.
Short
by pejman_zwin
4
EURUSD Analysis==>>Reversal PatternsEURUSD is moving in the Resistance zone($1.0920-$1.0870) and near the Resistance lines . If we want to analyze the EURUSD chart from the point of view of Classical Technical Analysis , two Reversal Patterns are clearly visible: Head and Shoulders Pattern & Bump-and-Run Top Pattern . --------------------------------------------------------------------- Educational tip :👇 The Bump-and-Run Reversal Top Pattern forms when, after a gentle upward trend, a more aggressive one appears on the chart. The price pivots at the peak and then falls like an avalanche. In this scenario, only professional traders survive and thrive with considerable portfolio gains. In the following section, I will teach you how to make money when there’s blood in the snow! This pattern forms when the price rallies too far up. People second-guess themselves buying at such high prices while sellers sell confidently, causing a downward trend. This means you can see a clear reversal in the Bump-and-Run Reversal Top Pattern. Although this pattern is considered a single entity, it consists of three separate parts or phases: 1) Normal and steady trend, called the “Lead-in Phase.” Imagine it as walking up a mountain. 2) Market participants going crazy with greed, called the “Bump Phase.” You can imagine this one as an ascent to the mountain’s peak. 3) The price falling and causing bloodshed of candles, called the “Run Phase.” At last, you ski down the snow, collecting profits on your way. --------------------------------------------------------------------- According to Elliott's wave theory , EURUSD seems to have successfully completed five impulse waves . Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . After breaking the support trend line and Neckline , I expect EURUSD to fall at least to the Support zone($1.0820-$1.0776) . 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.
Short
by pejman_zwin
3
EURUSD Roadmap==>>1-hour time frameEURUSD is moving near the Resistance lines and Potential Reversal Zone(PRZ)($1.084-$1.081) . According to Elliott's wave theory , EURUSD seems to be completing the Expanding Ending Diagonal . Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . I expect the EURUSD to decline at least to the target I have specified on the chart. 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.
Short
by pejman_zwin
10
EURUSD Analysis(Continue to Fall)!!!EURUSD managed to break the Support zone($1.080-$1.078) , Monthly Pivot Point , and the Uptrend line . We can also consider this Breakaway Gap a sign of valid failure. According to the theory of Elliott Waves , EURUSD seems to have successfully completed the Double Three Correction(WXY) . Currently, EURUSD is completing wave 4 , and we have to wait for wave 5 to start. After the completion of wave 4, I expect EURUSD to decline at least as far as the targets I have specified on the chart. 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
7
EURUSD is Ready to Fall===>>RR=2.20EURUSD is moving in the Resistance zone($1.092-$1.087) . According to the theory of Elliott waves , EURUSD seems to have succeeded in completing the main wave 5 with the Expanding Ending Diagonal . I expect EURUSD to at least fall to the Support zone($1.0806-$1.0781) . 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.
Short
by pejman_zwin
11
🚨EURUSD will Go Down by Ascending Broadening Wedge Pattern🚨🏃‍♂️ EURUSD is moving near the 🔴 Resistance zone($1.0806-$1.0781) 🔴. 📈According to Classical Technical Analysis , EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the chart. 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.
Short
by pejman_zwin
13
EURUSD Is Ready to Go UP🚀🔨 EURUSD is breaking the 🔴 Resistance zone($1.0848-$1.0840) 🔴. 🌊According to the theory of Elliott waves , EURUSD seems to have completed the corrective waves and is now ready for the next five impulsive waves . 🔔I expect EURUSD to go UP at least the 🟣 Yearly Pivot Point 🟣 after breaking the Resistance line and ⚔️ Attacking ⚔️ the upper Resistance lines again. 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
7
#Euro buyers swing back, Prices Likely To Retest $1.1100Past Performance Euro prices remain volatile, and buyers are cementing their position. Looking at the formation in the daily chart, traders can look to ride the upswing of July 7. Then, Euro prices broke above the consolidation, trending above $1.0930. This development favors bulls in the short term and may trigger Euro demand. #EURUSD Technical Analysis The rejection of lower lows last week places buyers in the driving seat. As such, traders can look for entries on every low above $1.0930, targeting $1.1000 in the short term. This formation aligns with buyers of June 15 even though the current surge has low participation. In light of this, while buyers are optimistic, conservative, risk-on traders can wait for a firm close above $1.1000 with rising volumes before engaging, targeting $1.1100 in a buy-trend formation. Any contraction forcing prices below $1.0930 and reversing July 7 gains nullifies this bullish preview. What to Expect? Traders are upbeat and the Euro is turning the corner, shaking off bear pressure. At this pace, the Euro can rise above $1.1000 and $1.1100 in continuation of the bull run set in motion from March to May 2023. Resistance level to watch: $1.1000 Support level to watch: $1.0930 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Euro Prices Volatile As Bulls Find Strength above $1.0850Past Performance Euro is tracking higher when writing, shaking off this week's weakness, reading from how price action is panning out in the daily chart. Overall, Euro bulls may recover today. However, the support line at $1.0850 is a vital reaction level. The failure of Euro bears to force prices below this line is overly bullish. It may support optimistic traders in the short to medium term. #EURUSD Technical Analysis The support zone is between $1.0800 and $1.0850, aligns with prices bouncing off in recent trading days. From the daily chart, the June 23 and 30 and the July 6 lows recovered from this zone, marking their significance. On the upper end, there must be a conclusive close above $1.0930 for the uptrend to continue. Therefore, based on this arrangement, traders can wait for a clean break above $1.0930, and even $1.1000, before riding the uptrend, trading in the direction of the June 2023 trend. Any dip below $1.0800 will cancel this bullish outlook, allowing sellers to press toward $1.0660 in the medium term. What to Expect? The Euro has been volatile, looking at the formation in the daily chart. Despite the optimism from traders, there must be a definitive breakout (in either direction) for the trend to be defined. In the short term, sellers have a chance provided there is no firm close above immediate liquidation levels. Resistance level to watch: $1.0930 Support level to watch: $1.0850 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Euro Weak, Primary Support at $1.0850Past Performance The Euro is under immense selling pressure and edging lower when writing. Per the EUR candlestick arrangement in the daily chart, there could be more losses below the immediate support levels, should the bears press on. As it is, $1.0850 is a critical sell trigger line to watch. Conversely, gains above $1.0930 or June 30 would likely trigger demand. #EURUSD Technical Analysis Sellers have been unrelenting, and the Euro is likely to drop even lower this week. The sell trigger is at $1.0850, aligning price action with the June 23 and 29 bear candlesticks. As it is, a sharp close below the current consolidation could allow sellers to double down on every attempt higher, targeting $1.0800 in the short term. If bears further press on, the next bear target is $1.0660 or May 2023 lows. Conversely, any unexpected revival driving Euro prices above $1.0930 cancels this preview, rejuvenating stretched buyers who may target $1.1000. What to Expect? Euro is overly bullish, but prices must float above $1.1000 for the uptrend to form a buy trend continuation. Per the current formation, the odds of prices tanking to $1.0800 remain high. Resistance level to watch: $1.0930 Support level to watch: $1.0850 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Euro Edging Lower, Will $1.0850 Hold?Past Performance Euro prices are down, volatile, and without clear direction in the short term. Overall, buyers stand a chance. However, there must be clean breakouts in the days ahead for a clear trend definition. As it is, there must be a conclusive close above $1.1000 for buyers to take charge. Conversely, with the Euro edging lower, losses below $1.0850 will cancel the current bullish outlook. #EURUSD Technical Analysis The path of least resistance is northwards, from the formation in the daily chart. The failure of buyers to force prices higher, as long as bulls maintain the Euro above $1.0850, could offer an opportunity for aggressive traders to ramp on longs on dips. Still, considering the Euro's volatile nature and buyers' failure to soak in the bear momentum successfully, any drop below $1.0850 and June 23 lows may trigger a sharp sell-off. In that case, the immediate target will be $1.0800 and $1.0660. On the other hand, this will change once buyers reverse recent losses and power above $1.1000, opening up entries for an eventual ride to $1.1100. What to Expect? The euro is weak and bearish at spot rates. Aggressive bulls may look to align with the buyers of June 15. Conservative traders, on the other hand, should wait for a clear trend definition above/below medium-term reaction levels. Resistance level to watch: $1.1000 Support level to watch: $1.0850 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#Euro Rejects Bear Pressure, Will Bulls Break $1.1000?Past Performance The Euro remains bullish but consolidating inside a tight trading range. Overall, the path of least resistance, at least from the top-down preview, is northwards. Technically, the March to May 2023 uptrend shapes the current preview. Therefore, while there were elements of weakness, the Euro remains bullish above $1.0800. #EURUSD Technical Analysis From the daily chart, Euro buyers are upbeat, and this holds considering the failure of sellers to push prices below $1.0800, unwinding gains and confirming the drawdown of June 23. For now, buyers are struggling to maintain the upswing, and every low could be entries for buyers. In the current consolidation, optimistic traders can wait for a conclusive close above $1.1000 before riding the emerging trend, targeting $1.1100. Conversely, losses below $1.0800, confirming the sellers of June 23, may see prices drop to $1.0650, or June lows. What to Expect? Even though there was a welcomed recovery in June, there must be more gains above last month's highs for trend continuation. Buyers have the upper hand, but there must be confirmation at the back of increasing volumes for this preview to stand. Resistance level to watch: $1.1000 Support level to watch: $1.0800 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Euro Prices Volatile, Bears Can Take Over Below $1.0800Past Performance Euro recovered on Friday, but this formation doesn't swing price action to favor buyers. For now, sellers have the upper hand since prices are oscillating inside the June 23 bear candlestick. Besides, trading volumes are light, casting doubts on the strength of the uptrend. #EURUSD Technical Analysis Buyers are confident. Whether this will continue in the days ahead is if Euro bulls will press higher above $1.1000 in the days ahead. The primary support is $1.0840, marking June 23 low. However, on the lower end, bears can target $1.0800. Considering the current formation, sellers may find entries to short now that prices are inside the June 23 trade range. Any break above $1.1000 cancels this preview, with losses below $1.0800 and June 15 cementing the bearish forecast. What to Expect? The bears have the upper hand in the current formation. Even though gains of June 15, the anchor bar, have yet to be wholly reversed, the rejection of higher prices last week points to weakness. Therefore, conservative traders can wait for a clean break below $1.0800 or $1.1000 before loading in the emerging direction. Resistance level to watch: $1.1000 Support level to watch: $1.0800 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
#Euro Dumps, Retraces from June Highs as Bears Target $1.0800Past Performance From the daily chart, bears are in control, and Euro prices have crumbled below crucial support levels. With prices below $1.0900, the short-term trend is firmly bearish, and sellers can add their shorts, targeting $1.0800 in alignment with the June 23 bear bar. #EURUSD Technical Analysis The wide-ranging, high-volume bar of June 29 invalidated the uptrend of June 27, paving the way for sellers to ride the emerging trend. As it is, every high below $1.0900 may allow traders to unload the Euro while targeting $1.0800 in the short term. This target flashes with the lows of June 15, the conspicuous bar that anchors the current uptrend. Should sellers press on, reversing losses, Euro could crash to $1.0650, or June lows, in a trend confirming sellers of May. What to Expect? Overall, traders are confident, but there could be more losses if today's prices edge lower. In that case, the pullback in the first three weeks of June could be a retracement in a predominantly bearish trend of May, allowing conservative long-time frame traders to add to their shorts. For now, traders should watch whether the June 15 low will be retested. Resistance level to watch: $1.0900 Support level to watch: $1.0800 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1