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Eurusd-3

EUR/USD outlook December 24In light of the strong decline that occurred as a result of the Fed news, it is expected to fill this gap that fell more than 150 pips last week. In order for this to happen, the EUR/USD is expected to rebound from the 1.0365 level. This area will be good for the pair to rise to the order block at the 1.04660 level. What confirms this analysis is that there is a strong SMT on the GBPUSD, as it was able to break the low, but the Euro Dollar is still holding and couldn't break it, that's indicates this low is protected.
Long
by David_Easton_EaFxStore6789
Quick technical idea on EURUSDWaiting for a breakout through one of my key areas to consider the next short-term directional move. FX_IDC:EURUSD EASYMARKETS:EURUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. 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. easyMarkets 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.
by easyMarkets
EURUSD Strategic Outlook 2025: 0.9000 end of year target🔸It's time to update the EURUSD outlook, this is weekly price chart, downtrend is well defined since 2012 and we recently got a strong rejection after distribution 🔸Based on technical outlook, EURUSD is set to hit 0.95 by summer 2025 and end the year at 0.9000. I don't see any upside beyond 1.05 in 2025. 🔸The key reason for further decline in EURUSD: Strong DXY, strong political leadership and weak political leadership in EU / weak economy. Below there is a summary of why EU zone is set to decline further based on fundies. 🔸Slow Economic Growth: The Eurozone has faced relatively sluggish economic growth compared to other regions. Factors like low productivity growth, weak domestic demand, and a high dependency on exports to slower-growing markets (such as China) contribute to this. Slow growth impacts investor sentiment and reduces the demand for the Euro. 🔸Demographic Issues: The Eurozone is dealing with an aging population, particularly in countries like Germany, Italy, and Spain. This demographic shift results in a shrinking labor force and increasing pressure on social services and pension systems, which weakens economic growth potential. 🔸High Energy Prices and Inflation: The Eurozone has been significantly impacted by energy price fluctuations, particularly following the geopolitical tensions related to Russia and Ukraine. High energy costs put a strain on businesses and consumers, eroding purchasing power and dampening economic activity. Additionally, inflation remains a challenge in many Eurozone countries, complicating the ECB's ability to stimulate growth without triggering further inflation. 🔸Geopolitical Tensions: The ongoing war in Ukraine, energy disruptions, and broader geopolitical risks have hurt European economies more severely than other regions. The Eurozone's reliance on Russian energy made it especially vulnerable to supply shocks, and the economic sanctions against Russia created ripple effects that continue to affect the region. 🔸Structural Issues in the Eurozone: The Eurozone faces structural challenges such as uneven economic conditions between member states, fiscal constraints (due to the Eurozone's common monetary policy), and a lack of fiscal unity. While Germany and France may have relatively strong economies, countries like Italy and Greece still struggle with high debt levels and low growth, which can drag down overall Eurozone performance. 🔸Tight Fiscal Policies: The EU's fiscal rules restrict how much debt individual member states can take on, which limits governments' ability to use fiscal stimulus to respond to crises. This can exacerbate economic stagnation and prevent the region from achieving sustainable growth. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
14
Fundamental Market Analysis for December 24, 2024 EURUSDIn the early Asian session on Tuesday, the EUR/USD exchange rate has been trading with small losses near 1.04000. This is due to expectations that the US Federal Reserve (Fed) will cut rates less frequently in 2025, which is providing some support to the dollar. Trading volumes are likely to be low ahead of the holiday trading week. The resumption of the Fed's 'raise rates longer' policy will be a key factor in the final trading days of the year, which could provide significant upside for the US Dollar (USD).Last week, the U.S. central bank cut the benchmark interest rate by another quarter point, as per the latest quarterly schedule. The Fed committee has revised its expectations for rate cuts in 2025 and beyond. The Fed now forecasts a rate cut of just 50 basis points (bps), or two rate cuts, compared to four quarter-point cuts.Across the pond, the euro (EUR) is weakening amid rising bets for further rate cuts by the European Central Bank (ECB).ECB President Christine Lagarde said on Monday that the Eurozone is "very close" to meeting the medium-term inflation target set by the ECB, according to the Financial Times on Monday. She also stated that the central bank would consider further cuts to interest rates if inflation continues to fall towards the 2 percent target, as curbing growth is no longer necessary. Trading recommendation: We follow the level of 1.04000, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.
by Fresh-Forexcast2004
EUR/USD weakens to near 1.0400 in a quiet trading sessionLet’s update the news and forecast the trend of the EUR/USD currency pair together! The EUR/USD currency pair is primarily influenced by fundamental factors related to the monetary policies of the U.S. Federal Reserve (Fed) and the European Central Bank (ECB). In the U.S., expectations that the Fed will scale back interest rate cuts in 2025 have somewhat supported the U.S. Dollar (USD). In its recent meeting, the Fed lowered the benchmark interest rate by 25 basis points but simultaneously eased expectations for further rate cuts in the future. This suggests that the Fed may maintain a tighter monetary policy and continue to apply higher interest rates for a longer period, which supports the strong trend of the USD. On the other hand, in the Eurozone, the Euro (EUR) is under downward pressure due to expectations that the ECB will continue to reduce interest rates. ECB President Christine Lagarde stated that the Eurozone is now "very close" to the bank's medium-term inflation target. However, if inflation continues to fall, the ECB may need to further cut interest rates to stimulate growth, which would exert downward pressure on the Euro. From a technical perspective, the EUR/USD is currently trading around the 1.0400 level, a key support level to watch. If this level is breached, the pair is likely to continue its downward trend, with the next support around the 1.0300 area. Moreover, with trading volumes potentially low ahead of the holiday season, price movements may not be as strong. However, the fundamental factors, particularly the monetary policies of the Fed and ECB, will continue to be the dominant drivers shaping the long-term trend of this currency pair.
by Alisa_Rokosz
EURUSD H1 I Bearish ReversalBased on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0421, which is a pullback resistance that aligns with the 61.8% Fibo retracement. Our take profit will be at 1.0373, which is a pullback support level. The stop loss will be placed at 1.0479, 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 (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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 (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 (fxcm.com/au): 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 fxcm.com/au Stratos Global LLC (fxcm.com/markets): 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
EUR/USD Technical AnalysisEUR/USD Technical Analysis: Selling Pressure Continues Within the Descending Channel The EUR/USD pair remains in a downtrend on the 4-hour timeframe, with sellers maintaining control while buyers struggle to break key resistance levels. Below is a detailed analysis of the pair's recent performance: Overall Market Trend The prevailing trend for EUR/USD is bearish, as the price continues to move within a well-defined descending channel. Multiple attempts to break above the upper boundary of this channel have failed, indicating strong resistance from sellers. Key Levels Resistance Levels: The primary resistance is located at 1.0449, which has consistently rejected upward movements. A breakout above this level may signal a potential shift in momentum. Support Levels: The major support lies at 1.0331. If this level is breached, the price is likely to move lower within the channel, further reinforcing the bearish outlook. Technical Indicators Ichimoku Cloud: The price remains below the Kumo Cloud, signaling continued selling pressure and a strong bearish trend. The absence of significant support near the current price suggests a higher probability of further declines. Bollinger Bands: The price is approaching the lower Bollinger Band, reflecting short-term selling pressure. However, if the market enters oversold territory, a temporary rebound may occur. Moving Averages: The 50-period moving average (blue line) acts as a dynamic resistance, consistently rejecting any bullish attempts and confirming the bearish trend. Possible Scenarios Bearish Scenario: If the price breaks below the support level at 1.0331, further downside movement is expected, potentially attracting more sellers into the market. Bullish Scenario: A breakout above the resistance at 1.0449 could lead to a move toward higher levels within the channel, with a potential test of the descending trendline. However, this would require strong buying momentum and a shift in current market conditions. Conclusion The EUR/USD pair remains under selling pressure, with the downtrend likely to persist in the short term. A breakdown below the key support at 1.0331 could accelerate the bearish move, while a sustained breakout above 1.0449 may signal a potential reversal. Traders should exercise caution, especially given the reduced trading volume and market activity during the Christmas holidays, which could lead to lower volatility and fewer trading opportunities.
Short
by arongroups
EUR/USD: Holding Above Support Amidst DowntrendChart Analysis: The EUR/USD pair has been in a sustained downtrend, but recent price action suggests stabilization near a key support zone at 1.0340. 1️⃣ Support Level: The horizontal level at 1.0340 has held firm, providing a key area of interest as price consolidates. A break below could lead to further downside, while a bounce may signal short-term recovery. 2️⃣ Moving Averages: 50-SMA (blue): Positioned at 1.0459, acting as a dynamic resistance for price attempts to move higher. 200-SMA (red): Located at 1.0539, reflecting the broader bearish trend and providing additional resistance above. 3️⃣ Momentum Indicators: RSI: At 44.70, showing bearish bias but holding above oversold territory, indicating a potential consolidation phase. MACD: Bearish momentum remains intact but shows signs of flattening, suggesting waning downside pressure. What to Watch: A decisive break below 1.0340 could signal a continuation of the downtrend, targeting lower levels. If the support holds, the pair may test the 50-SMA resistance near 1.0459. The EUR/USD remains bearish overall, but the current consolidation near key support could lead to a short-term directional move. -MW
by FOREXcom
Euro can rebound up from buyer zone to 1.0460 pointsHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago bounced from the resistance level, which coincided with the seller zone and entered a triangle. After this, the rice turned around and made a strong impulse down to the support line of this pattern, breaking the resistance level with the support level. But soon, EUR turned around and made an impulse, making a first gap, after which it rose to the seller zone, where it later made a second gap. Next, the price some time traded near the 1.0540 level and later dropped to the support line of the triangle, after which rebounded and rose to the resistance line of this pattern. Later, EUR turned around and started to decline and soon exited from the triangle, thereby breaking the resistance level again and continuing to fall. A few moments later, the price started to trades inside another one triangle pattern. In it, EUR dropped to the buyer zone, but a not long time ago backed up and now trades close support line of the triangle. In my mind, the price can fall to the buyer zone and then rebound up, thereby exiting from triangle pattern. That's why I set my TP at 1.0460 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
EURUSD short-term trading set-upThe EURUSD pair has been trading within a Channel Down since the September 25 High and remains on a bearish course below the 4H MA200 (red trend-line) since October 01. The 1D RSI is displaying a huge Bullish Divergence, being on Higher Lows against the Lower Lows of the Channel Down, so long-term a strong bullish break-out is expected. On the short-term though, we can take advantage of this Lower Lows fractal that has been formed another 2 times on this pattern and rebounds towards the 4H MA200. You can short towards the RSI's Higher Lows trend-line, take the profit and switch to buying just before it touches it and then target 1.04200 (expected course of the 4H MA200). ------------------------------------------------------------------------------- ** 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
EURUSD: Fed spoiled Holiday seasonThe FOMC cut interest rates by 25 bps at their December meeting, which was expected by the markets. Still, in an after the meeting address to the public, Fed Chair Powell provided some not-so welcomed projections for the following year. At this moment, Fed is expecting fewer rate cuts in 2025, from initially projected, with a 50 bps current baseline. This change comes from expectations of a higher inflation in 2025. The PCE indicator is expected to end next year at 2,5%, versus 2,2% previously forecasted, while its targeted 2% is expected to reach in 2027. The US Retail Sales increased in November by 0,7% for the month, above market expectation of 0,5%. Retail sales increased by 3,8% on a yearly basis. The Industrial Production was down by 0,1% in November, which was lower from market estimate of +0,3%. The IP on a yearly basis was down by -0,9%. Building Permits preliminary for November were higher by 6,1%. The GDP Growth rate final for Q3 is 3,1%, higher from market estimate of 2,8%. The PCE Prices final for Q3 were higher by 1,5% for the quarter, in line with market expectations. The PCE index was up by 0,1% in November for the month, while core PCE reached also 0,1% in November. Personal Income was up by 0,3% in November, while Personal Spending reached 0,4% for the month. The PCE index stands at 2,4% for the year, which was lower from market estimate at 2,5%. The Michigan Consumer Sentiment final for December was published, reaching the level of 74,0, and the five year inflation expectations of 3%. The HCOB Manufacturing PMI Flash for Germany in December was standing at 42,5, lower from market forecast of 43,1. At the same time, the same indicator for services stands better at the level of 51,0, higher from market estimate of 49,3. The Ifo Business Climate in Germany for December was 84,7, again a bit lower from estimated 85,6. The ZEW Economic Sentiment Index in Germany in December exceeded market expectations with a value of 15,7, while the forecasted figure was 6,5. Inflation rate in the EuroZone, final for November, was standing at 2,2%, a bit lower from estimated 2,3%. The GfK Consumer Confidence in Germany for January is -21,3, lower from market estimate of -22,5. It was a challenging week on financial markets. The Fed projections for the year 2025 was something that the market did not expect, so the currency pair reacted in a pretty volatile way. The eurusd started the week around 1,05 level and moved all the way down to lowest weekly level at 1,035. Still, at Friday's trading session, the currency pair reverted a bit, ending the week at 1,0430. The RSI reached an oversold territory, but ended the week at the level of 40. The moving average of 50 days continues to strongly diverge from MA200 counterparty, indicating that no cross should be expected in the near term. The following week is a Holiday week on the Western markets. This means finally some less volatility, although this was a very challenging year-end. As seen during the previous week, the 1,04 support line might continue to be under pressure in the following period. Still, due to the Holiday, it should not be expected that this level is going to be breached till the year-end. Important news to watch during the week ahead are: EUR: Holiday season starts from Wednesday, and no significant data is scheduled to be published. USD: Although Holiday season starts from Wednesday there will be only a few macro data published: Durable Goods Orders for November are due on December 24th.
by XBTFX
#EURUSD 4HEURUSD (4H Timeframe) Analysis Pattern Identified: Trendline Resistance: Price is respecting a descending trendline, indicating selling pressure and a bearish outlook in the short term. Forecast: Sell Now: The price is currently near the trendline resistance, providing an opportunity for a short position as the trend remains bearish. Buy Opportunity: If the price drops and touches the identified support level, a potential buying opportunity may arise, expecting a bounce from support. Key Levels: Sell Entry: Near trendline resistance. Stop Loss (Sell): Above the trendline resistance to limit risk. Take Profit (Sell): At the next support level. Buy Entry: At the support zone, once a bullish confirmation is observed. Stop Loss (Buy): Below the support level in case of a breakout. Take Profit (Buy): Towards the trendline resistance or next resistance level. Market Sentiment:* Short-Term Bearish: Dominated by sellers under trendline resistance. Reversal Potential: Watch for support zone reactions to switch to a buy setup.
Short
by PIPSFIGHTER
EUR/USD Market Dynamics: Analyzing Recent Price MovementsFollowing our previous analysis, we anticipated the market's response to last week's robust U.S. economic indicators, particularly regarding the USD's strength against the EUR. After experiencing a notable bearish trend, the euro managed to recoup some losses, specifically retesting our pending order at 1.04380. As I write this article on December 23, 2024, the currency pair trades around 1.04130, providing a rejection of our entry point. On Monday, the U.S. Dollar (USD) stabilized after a significant drop on Friday. This sell-off was prompted by weaker-than-expected growth in the U.S. Personal Consumption Expenditure Price Index (PCE). Specifically, the core PCE—a key inflation metric favored by the Federal Reserve—rose by 2.8%, falling short of the projected 2.9%. On a month-to-month basis, both headline and core PCE inflation inched up by only 0.1%, leading to speculation about the Federal Reserve's trajectory concerning interest rate adjustments in 2025. Federal Reserve officials are beginning to signal expectations of fewer rate cuts in the coming year, as the disinflation process appears to be slowing and uncertainties loom over how President-elect Donald Trump’s upcoming immigration, trade, and taxation policies could affect the economy. Given the current outlook, we are anticipating a continuation of bearish trends in the market. Previous Idea: ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
1
Hellena | EUR/USD (4H): Short to Support area 1.02539.Dear Colleagues, due to the recent sharp price movement, I have redrawn the waves and now I see the completion of the five-wave impulse in the wave “5” of higher order. I expect that the price should update the nearest local minimum of the wave “3” 1.03350. I expect the price to reach at least the area of 1.02539. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Short
by Hellena_Trade
4
EUR/USD Downward Movement to Continue?The EUR/USD pair continues to show bearish potential on the daily timeframe. While Friday's high could be taken as part of a retracement, the overall trend remains bearish. There is a potential move toward the sell-side liquidity (SSL) below, aligning with unmitigated imbalance zones and market structure. Watch for price reaction in and around the Daily FVG level and the Fibonacci retracement zones for a potential bearish setup on the lower timeframes. Trade Safe ;)
Short
by jp7fx
1
Bearish drop off pullback resistance?The Fiber (EUR/USD) is rising towards the pivot which acts as a pullback resistance and could drop to the pullback support. Pivot: 1.0464 1st Support: 1.0333 1st Resistance: 1.0600 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
1
EURUSD 22/12/24EUR/USD Update: Final Week of Trading Before the New Year As we head into the last week of trading before closing shop for the year, here’s a recap and outlook: Last week, we called a short after identifying our "money out" level. With a daily bearish bias and liquidity sitting above the highs, we outlined a clear sell scenario. The market delivered exactly as expected. Looking ahead to this week, our bias remains unchanged, and the principles stay the same. We are targeting deeper moves lower, focusing on the daily low at the base of the current range. Following the same approach, we anticipate the highs to be swept first, creating opportunities to enter and ride the price down to key lows. Currently, we have a potential high forming near the center of the range, but this is unconfirmed for now and remains a possibility. Keep an eye on all the marked highs—we’re waiting for a sweep of these levels, which could trigger the final market move of the year. If an entry presents itself, we’ll look to trade lower. Stay disciplined, trade your plan, and manage your risk.
by PipSurfingSociety