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Eurusd-3

Interest Rates Are Falling, So Why Is the EUR/USD Declining?Hello everyone, Currently, the EUR/USD pair is trading with a slightly negative bias around 1.0360 in early Friday’s Asian session. The major currency pair remains defensive as the US Federal Reserve adopts a less dovish stance despite cutting interest rates by 25 basis points at its December meeting on Wednesday. In summary: The Fed’s hawkish tone has delivered its intended impact: the dollar has strengthened, and markets have weakened. Today, all eyes are on the November Personal Consumption Expenditures (PCE) Index, the Fed’s preferred measure of inflation. Meanwhile, the EU will release its preliminary estimate of December Consumer Confidence. Technical Perspective: After the initial decline, the price attempted to recover but faced resistance at key levels, highlighted by the blue liquidity zones on the chart. If the price fails to break through the liquidity zone at 1.03894, we could see further bearish pressure. The first target lies at 1.03502, and a break below this level could drive the price toward 1.03000, marking a significant move for the pair. Wishing you all successful trades and great profits!
Short
by Trader-Briannnn
#EURUSD - 20122024After Wednesday's sell down, price action near term price action showed a recovery and I said to short from higher up. Indeed, we saw a move up of over 50pips before an ability to move higher, and it just closed back near the lows. However the lows still hold. Not exactly bearish though IMO, but could be early to say lows is in in terms of daily candle. For lows to be in, might need a flush down and a quick recovery, similar to what I share for indices. I would try for longs today, either from a level lower, 1.0320/333 or if price can break above PZ and hold, a long from higher.
by FadeMeIfYouCan
Fundamental Analysis of EURUSDEURUSD is trading in the support area which has been respected by the price action since December of 2022. Similarly, there is an area of resistance. There are two scenarios based on the current geopolitical tension and the policy of the new administration in the US. Scenario#1: Risk OFF or USD depreciates against EUR and other currency pairs The new US administration will take charge in Jan 2025, and by that time if the Scenario#2 has not happened then the EUR should appreciate significantly against USD. The new administration is expected to be business friendly. The US economy should get an ultra-boost because of lower taxes and less regulations. There are many other promises made by the winning party like the increase in import tariffs on all the countries, deportation etc., maybe those promises were to attract voters. We don't know how it will play out, so we go with the simple approach that republican party means less regulation, hence business friendly. Scenario#2: Risk ON or USD appreciates against EUR and other currency pairs This scenario could play out even before the new administration takes charge!!! We don't know if it is a bluff from Russia or a real threat, but the fear of nuclear war can be frightening. Whenever there are major escalations in the world, the USD appreciates and that is as simple as 1 + 1 = 2, right?
by spranav
1
EUR/USD Under Bearish Pressure: A Market Analysis [Update]As anticipated in our previous analyses, the EUR/USD currency pair experienced significant downward pressure during the late American trading session on Wednesday, hitting its lowest point in almost a month, below 1.0350. Currently, while I am drafting this article, the pair has seen a minor rebound and is trading around 1.0410; however, the technical indicators still suggest a bearish outlook. The price is nearing a critical area where it may continue to decline. Our analysis reveals an imbalance on the Daily timeframe that could signal a further downturn. For more detailed insights, please refer to the link provided below. Following the last Federal Reserve policy meeting of the year, the central bank announced a reduction in its policy rate by 25 basis points, aligning with market expectations, bringing it to a range between 4.25% and 4.5%. In their accompanying statement, the Fed emphasized that they would take into account incoming data, the evolving economic landscape, and the balance of risks when evaluating future rate adjustments. In the aftermath of the Fed's decision, the US Dollar (USD) gained substantial strength, leading to a sharp decline in the EUR/USD pair. Moving forward, our outlook suggests the potential for a new bearish correction in the market as we navigate these developments. Previous close position SHORT ✅ 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
Heading into pullback resistance?The Fiber (EUR/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support which has been identified as a pullback support level. Pivot: 1.0451 1st Support: 1.0333 1st Resistance: 1.0533 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
Prediction of EURUSD price decrease in the near future?Dear Traders, The EUR/USD pair is currently hovering around the 1.0378 mark, extending its bearish momentum for several consecutive days. This persistent decline has been largely driven by the Federal Reserve’s hawkish rate cuts, which have bolstered the US dollar and exerted downward pressure on this major currency pair. Analyzing the 4-hour chart, it’s evident that the pair remains below the 34-period EMA, signaling that the bearish trend is far from over. After failing to sustain the upward momentum near the 1.0450 level, the price resumed its descent, reinforcing the dominance of sellers in the market. Given these factors, my personal analysis suggests that the downtrend is likely to accelerate in the near term. Any potential corrective pullbacks, in this context, could present strategic opportunities for sellers to re-enter the market. What’s your perspective on this outlook? Share your thoughts in the comments below—I’d love to hear your take!
Short
by Trader-Briannnn
EURUSD H4 | Falling from 38.2% Fibo?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0453, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement. Our take profit will be at 1.0334, a swing low support level. The stop loss will be at 1.0531, an overlap resistance level close to the 61.8% Fibo retracement. 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. 64% 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. 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 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
EUR/USD → Consolidates Ahead of Key Fed Interest Rate DecisionHello everyone, Ben here! EUR/USD saw a sluggish upward movement on Monday, drifting towards the upper bounds of its short-term consolidation range just north of 1.0500, though lacking any significant conviction. With relatively limited European data this week, Fiber traders are bracing for a heavy U.S. data docket. In the short term, the trend remains neutral, but prices are consolidating near a critical support level that has held firm for two years. Aggressive rate cuts in Europe are putting pressure on the pair, with expectations set for December 17th-18th. The Fed is widely anticipated to cut the benchmark interest rate by 25 basis points (bps). However, any hawkish signals from the Fed aimed at taming inflation would increase the downside potential for EUR/USD. Support levels: 1.045, 1.033 Resistance levels: 1.060, 1.065 From an interest rate perspective, within the context of a broader downtrend, price has yet to reach the key liquidity zone. Ahead of the news, I anticipate that the price will climb towards 1.060. However, based on both technical and fundamental outlooks, bearish momentum is expected to resume, and a break below the 1.045 support level will solidify the downward trend. Best regards, Bentradegold!
Short
by Bentradegold
#EURUSD - 19122024I was somewhat wrong on the direction yesterday but intraday levels worked great. TBH, I was not sure about the direction of move yesterday. I said that it does look bearish and if it goes up first, could see the sell down lower. And it nicely hit 1.0513, sold down to 1.0468 level for 45pips, which I said could be a bounce point and well it did bounce back to OP for 25pips but eventually sold down to lows on FOMC. What's next for today? Similar to indices, very bearish daily candle. One could expect further downside but price is now back to a support zone. I expect a move up to 1.0440 before sellers will appear. If EURUSD could reclaim 1.044 on daily, I see that as low is in and should see further upside going forward.
by FadeMeIfYouCan
Sell EURUSD Bearish ChannelThe EUR/USD/USD pair on the M30 timeframe presents a potential selling opportunity due to from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0437 2nd Support – 1.0410 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
12
EUR/USD Downward Pressure: What’s Fueling the USD Rally?The EUR/USD currency pair kicked off the week on a negative trend, dipping below the 1.0500 threshold and reaching around 1.0460 on Monday. As I write this piece, the pair appears to be stabilizing, trading close to 1.05250 in early Tuesday’s London session. According to the latest Commitment of Traders (COT) report, retail traders have been increasing their long positions, while non-commercial players maintain a bearish stance. This divergence hints at the potential for further downward movement in the pair. A cautious market sentiment has fortified the US Dollar (USD) against its competitors, putting additional pressure on the EUR/USD pair. Compounding these challenges for the Euro are the political uncertainties in France. Reports indicate that the government is on the verge of collapse after both far-right and left-wing factions introduced no-confidence motions against Prime Minister Michel Barnier, as stated by Reuters. Moreover, the differing monetary policies of the Federal Reserve (Fed) and the European Central Bank (ECB) continue to impede any upward momentum for the euro. Attention today is directed toward the US Job Openings and Labor Turnover Survey (JOLTs) and speeches from Federal Reserve officials. An increase in job openings could further strengthen the USD and the DXY index against other currencies. Currently, we are observing market movements without planning to initiate any trades, wanting to assess potential price levels before considering future positions. ✅ 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.
by FOREXN1
9
EUR/USD Stagnates Near 1.0500: All Eyes on the Federal ReserveThe EUR/USD currency pair is currently consolidating within a narrow range, lingering around the 1.0500 to 1.0490 levels. As investors turn their attention to the upcoming Federal Reserve policy meeting, market sentiment remains cautious yet focused. Today's scheduled announcement regarding the US Federal Funds Rate, along with the subsequent FOMC statement and press conference, could further bolster the US dollar. Expectations are leaning toward a 25 basis point reduction in interest rates by the Fed. However, it is anticipated that the central bank will accompany this cut with somewhat hawkish commentary regarding future policy guidance. Such remarks could indicate that despite the rate cut, the Fed remains vigilant about economic conditions and inflation pressures. This meeting represents a crucial moment for market participants, as it could usher in significant volatility, particularly ahead of tomorrow's Unemployment Claims report. As traders assess these economic indicators, they are likely to position themselves accordingly, especially if the data reflects a robust labor market. Given the current landscape, our outlook for the euro remains bearish as the dollar shows a tendency to strengthen. The pressure on the eurozone continues to mount amid various economic challenges, making it difficult for the euro to gain traction against its US counterpart. As we navigate this period of uncertainty, traders are advised to keep a close eye on the developments from the Federal Reserve, as well as any shifting dynamics in the broader economic context. The next few sessions could prove pivotal for both currencies, influencing the short-term trading strategies of many market participants. We expect the dollar to maintain its upward trajectory, while the euro may struggle to hold its ground. ✅ 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
EUR/USD: Euro Under Pressure, the Impact of Future Rate cutsThe EUR/USD currency pair began its London session with a promising bullish impulse. Initially, it appeared that the euro was gaining traction as investors showed renewed interest. However, this optimism was short-lived as the European Central Bank (ECB) officials signaled support for further interest rate cuts, leading to a swift reversal of intraday gains. Market analysts expect the ECB to implement a substantial interest rate reduction of around 100 basis points in the upcoming year. This prospective easing of monetary policy has raised concerns among investors, prompting them to reevaluate their positions in the euro. As the sentiment shifts, market participants are paying close attention to the ECB’s next moves and how they will impact the euro's valuation. In addition to developments from the ECB, investors are also focused on the Federal Reserve's dot plot, which will provide insights into future interest rate projections in the United States. As the Fed navigates its monetary policy landscape, any signals of tightening could play a significant role in influencing global currency movements, particularly with the euro in the spotlight. The Current State of the Euro As I write this article, the euro has surrendered its intraday gains and is trading around the critical psychological level of 1.0490. This decline reflects strong bearish pressure currently weighing on the currency. From a technical analysis perspective, the trends suggest a sustained downturn, raising questions about the euro's ability to regain its footing. Looking back over the past decade, seasonality data reveals a generally bullish trend for the euro during this period. However, the recent political climate, particularly the election of President Trump, has fortified the DXY’s (U.S. Dollar Index) upward momentum. This unexpected resilience of the dollar adds another layer of complexity to the euro’s outlook. With a target price established at 1.0350 for the euro, market analysts see potential for further declines. If the euro approaches this level, it could prompt a reaction from traders. However, at this juncture, the sentiment indicates little chance for a significant reversal in direction. The coming weeks will be critical as both European and U.S. economic data continue to unfold, shaping the trajectory of the EUR/USD pair. In conclusion, while the EUR/USD pair started on a bullish note, the recent signals from the ECB and the prevailing market sentiment point toward a challenging environment for the euro in the short term. Traders will need to navigate carefully as they weigh the implications of interest rate cuts and geopolitical developments in their strategies. ✅ 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
4
USOIL Best Level to Short/Hold 10% swing trade setup🔸Hey guys, today let's review the 2 hour chart for US oil . Any upside is limited by strong overhead resistances, currently trading near range highs so overall risk/reward shifting in bears favor. 🔸Strong resistances will cap upside at 72.00 usd / 72.50 usd. right now locked in tight trading range, however expecting final pump to trigger overhead stop losses before reversal and subsequent sell off event. 🔸Recommended strategy for BEARS: wait for the final pump before short selling from strong overhead resistances at 72.00 and 72.50 SL fixes at 74.00 usd, TP1 bears is 68 usd TP2 bears is 66 usd. swing trade setup, patience required. good luck! 🎁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.
TVC:USOILShort
by ProjectSyndicate
5
usdsgd best level to short/hold tp1/tp2 +150/+300 pips swing 🔸Hello traders, let's review the D1 chart for USDSGD today. Trading near premium prices of the multiweek range, closing in on heavy S/R Currently risk/reward is shifting in bears favor, so it's recommended to look for sell side setups in USDSGD. 🔸Heavy overhead mirror S/R zone at 3520/3540 expecting reversal from overhead resistance. current bid is 3510 so final push required before we can get a decent entry on sell side. 🔸Recommended strategy for USDSGD traders: focus on short selling any rips/rallies near MS/R 3520/3540 price is currently trading near premium levels and is almost maxed out already, limited upside. TP1 bears +150 TP2 bears +300 pips final exit 3220 keep in mind this is a swing trade setup so naturally will take more time to complete / hit both targets. good luck traders! 🎁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
6
EURUSD: Best opportunity to buy for the long term.EURUSD is bearish on its 1D technical outlook (RSI = 40.973, MACD = -0.005, ADX = 14.482) but almost still oversold on 1W (RSI = 35.674). This is because after the November 18th 1W candle bottom on the LL trendline of the 2 year Channel Down, it has completed 2 red weeks in a row. Still, having rebounded on oversold 1W RSI territory, those low levels present an excellent buy opportunity for those who missed the bottom. Every bounce on the Channel Down bottom has made at least a +5.42% rally, and that is what we're aiming for (TP = 1.0900). This may coincide with a 1W MA200 test. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope