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Eurusd-4

Euro showing decline ahead of November CPI The euro is trending downward as the market anticipates the release of the Eurozone CPI for November this week. This decline is driven by rising uncertainty regarding the Eurozone economy, an apparent slowdown in inflation, and an increasing likelihood of further interest rate cuts by the ECB. French Central Bank Governor Villeroy de Galhau has stated that the ECB has the capability to cut rates independently of the Fed's monetary policy direction. He added that successive rate reductions are on the table as European inflation continues to ease. EURUSD declined sharply and briefly fell to 1.0330, the two-year low. EMA21 rapidly widened the gap with EMA78, showing an apparent bearish momentum. If EURUSD breaks below the descending channel’s lower bound and 1.0330, the price may fall further to the 1.0000 parity level. Conversely, if EURUSD breaches above the resistance at 1.0540 and EMA21, the price could gain upward momentum toward 1.0670.
by inkicho_exness
EURUSD Today's 1D Death Cross turning into a 3 month rally!The EURUSD pair is having a strong bullish reversal after marginally breaking on Friday below the bottom (Lower Lows trend-line) of the 1.5 year Channel Down. The 1W RSI got marginally oversold (below 30.00), which is a technical buy level. So far it is similar to the October 03 2023 bottom, which was formed on a 1D Death Cross, exactly the kind of pattern that is being completed today! That bottom initiated a strong 3-month rally that hit the 0.618 and 0.786 Fibonacci retracement level respectively. Our long-term Target is 1.08765 (Fib 0.618). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
XAU/USD : Gold will rise more? (READ THE CAPTION)Analyzing the #Gold chart on the 4-hour timeframe, we can see that, as expected, the price experienced a very slight correction before continuing its upward movement. In the past hours, gold reached $2710, which we previously identified as a supply zone. As a result, the price reacted to this level and corrected by over 100 pips, currently trading around $2700. After another minor correction, I believe gold could continue its upward trend. One of the key supply zones to watch is $2736 to $2738—keep an eye on it! 🚀 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
69
EURUSD 25/11/24Starting the week a little later than usual with a markup on EUR/USD. Following weeks and months of bearish price action, we continue to anticipate further downside movement. This outlook aligns with our daily bias, which indicates a bearish trend. The market opened with a significant gap to the upside across most brokers, increasing the likelihood of the gap being closed. Additionally, there is an untapped supply area above the current price level. Two liquidity highs are situated above this area, suggesting a potential pullback to liquidate these levels. If this occurs, we will look for continued sell-side movement. However, pullbacks are not guaranteed during trending conditions. If the price continues to expand downward without retracing, our first target will be the gap left open at the market's opening. Beyond that, we will focus on the major low marked at the base of the current move. Please be mindful of key fundamental events this week, as they may cause a midweek shift in our bias. For now, our outlook remains bearish, and we are focused on identifying sell opportunities. Refer to the points on our charts for guidance on potential downside movement. If the supply area and liquidity highs are reached but fail to trigger a bearish shift, it may signal a deeper pullback on higher timeframes. Stick to your plan, manage your risk, and trade safely. Wishing you an amazing trading week!
by PipSurfingSociety
EUR/USD Outlook: Strong Demand and Uncertain Economic SignalsThe EUR/USD pair has experienced a notable rebound, aligning with our previous outlook as it approached a robust weekly demand zone at the onset of the new weekly candle, marked by a bullish gap. Recent data from Germany indicates a decline in the IFO Current Assessment Index, dropping to 84.3 in November from 85.7. Meanwhile, the Expectations Index decreased slightly from 87.3 to 87.2. Despite these figures, the euro appears resilient, seemingly brushing off the negative data. On the other hand, downward pressure on the US dollar remains limited, fueled by recent economic indicators that suggest the Federal Reserve might be inclined to scale back the pace of interest rate cuts. This week’s unemployment claims data, set to be released on Wednesday, has the potential to move the markets significantly, especially if the figures come in more favorable than the forecast, which anticipates an uptick in unemployment. Interestingly, there is the possibility of an upward thrust in the weekly DXY chart, although it has yet to be confirmed by trading volumes. Given the current market dynamics, it may be prudent to hold off on making any moves until Wednesday. This will allow traders to assess potential retracement opportunities as the market may look to recover the gap created during the Asian session. EUR/USD Gap ✅ 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
1
EURUSD Raid On Liquidity? Contemplating the Next Move!👀👉 EURUSD remains in a strong downtrend, evident on the daily and 4-hour charts. Currently, we’re seeing an aggressive pullback on the 4-hour timeframe. I’m eyeing a short entry but holding off early in the week—waiting to see how price develops from the London session into the New York open. In this video, we break down market structure, price action, and blend Wyckoff & ICT concepts in an easy-to-understand way. 🚨 Not financial advice. 📉✅
Short
by fxtraderanthony
1
EURUSD -> Opportunity for Bears to Fill the GapHello dear friends, Ben here! Overall, after an impressive increase in the beginning of the day, EUR/USD expanded a gap. Theoretically, this usually usually signals a complete inspection of this liquidity area. Meanwhile, the US dollar index (DXY), monitoring the performance of the US dollar compared to the six main currencies, has dropped to about 107.00 after reaching the highest level in two years as 108.07 in Friday. However, the risk of discount on USD is still limited, as recent economic data has consolidated the expectation that the Federal Reserve (Fed) can slow down the rate of interest cuts, so drought drought Made any increase in EURUSD.
Short
by Bentradegold
2
EUR/USD: Bearish Opportunities as Resistance HoldsEUR/USD remains under significant bearish pressure, currently trading around 1.0478. The pair's recovery attempts are capped by the key resistance zone at 1.0498–1.0521, providing a potential entry point for short positions. The current structure favors a continuation of the downtrend. A rejection from the 1.0498–1.0521 zone could signal a move lower, targeting the immediate support at 1.0400. A decisive break below this level would likely accelerate the bearish momentum, pushing the pair toward the next support at 1.0300. Traders focusing on short positions should consider entries near the resistance zone, with stops placed above 1.0521 to manage risk. Targets could range from 1.0400 in the short term to 1.0300 if selling pressure intensifies. With the broader trend still bearish, EUR/USD offers a favorable setup for sellers, particularly if resistance levels continue to hold firm.
by Veda_Solomon
5
Hellena | EUR/USD (4H): Short to support area 1.04000.Colleagues, in the coming week I predict a continuation of the downward movement, because wave “C” is not yet completed. I believe that the price will reach the support area of 1.04000, because it is a strong psychological level. Now we should be very careful, because after the completion of wave “C” I expect the beginning of the upward movement. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Short
by Hellena_Trade
10
Fundamental Market Analysis for November 25, 2024 EURUSDThe US Dollar may strengthen as the latest US PMI data reinforces the likelihood that the Fed will slow the pace of rate cuts. The Euro faced challenges as the latest HCOB PMI data pointed to continued weakness in Eurozone business activity. EUR/USD recovered from the two-year low of 1.0332 recorded on Friday and traded near 1.0480 during Monday's Asian session. The rebound could be attributed to a correction in the US Dollar (USD) despite strong preliminary S&P Global US Purchasing Managers' Index (PMI) data released in the previous session. Meanwhile, the US Dollar Index (DXY), which tracks the performance of the USD against six major currencies, slipped to 107.00 after hitting a two-year high of 108.07 on Friday. However, downside risks to the U.S. dollar remain limited as recent economic data has reinforced expectations that the Federal Reserve (Fed) may slow the pace of rate cuts. The S&P Global US PMI composite index rose to 55.3 in November, indicating the strongest growth in private sector activity since April 2022. The US Services PMI rose to 57.0 from 55.0 in October and well above market expectations of 55.2, marking the sharpest growth in the services sector since March 2022. Meanwhile, the US manufacturing PMI rose to 48.8 from 48.5 in October, matching market forecasts. Trade recommendation: Watch the level of 1.0480, when fixing below consider Sell positions, when rebounding consider Buy positions.
by Fresh-Forexcast2004
1
EURUSD Will Go Down! Short! Here is our detailed technical review for EURUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.048. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.033 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EURUSD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0516, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.0427, a pullback support level. The stop loss will be at 1.0606, an overlap resistance 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. 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
#EURUSD - 25112024I was bearish EURUSD for Friday, looking for a re-test of 1.0518 strong level for a rejection and move lower. However, the rejection came from an earlier level at the PZ and it gave an insane 160pips flush down hitting the strong level at 1.0334 perfectly before the recovery and today it gapped up and price is back to Friday's opening price. I see this gap up as a possible change in trend, especially when Friday's low is at a key level. Thus for today, looking for a move higher, with 1.0422/56 as levels to look for longs to target 1.0600 near term.
by FadeMeIfYouCan
EUR/USD Shorts from 1.05200 or 1.05800 back downI expect price to continue its bearish trend, providing potential shorting opportunities. My focus is on the supply zones I’ve marked at the 19-hour and 17-hour timeframes. I’ll wait for price to reach one of these zones and observe if it respects these structural points. If price breaks above these zones, it would indicate a shift in market sentiment to the upside. However, as long as these zones hold, they remain valid levels for the trend to continue. Confluences for EU Sells: - Price has broken structure to the downside, leaving a clean supply zone. - A corrective move has formed, likely preceding a continuation of the bearish trend. - Significant liquidity resides below, presenting clear downside targets. - Overall market structure remains bearish, making this a pro-trend trade idea. - DXY shows strong bullish momentum, supporting the bearish outlook for EU. P.S. If price breaks structure further to the downside without tapping into my zones, I’ll wait for a new supply zone to form after the next structural break. Have a great trading week, everyone!
Short
by Hassan_fx
Bearish drop off pullback resistance?EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% and the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0519 Why we like it: There is a pullback resistance level that lines up with the 38.2% and the 61.8% Fibonacci retracememnt. Stop loss: 1.0959 Why we like it: There is an overlap resistance level that aligns with the 50% Fibonacci retracement. Take profit: 1.0337 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
I'M BACK | EUR/USD Good evening and/or good morning to everyone! 🌅🌙 It all depends on when you read this article. I know what you're already thinking... "What happened to the articles?" Well, that's not for me to answer! 😅 What I predicted has indeed come true, but as I mentioned earlier, it’s out of my hands. That said, let’s cut to the chase. First of all, I need your support! 🙌 Leave a boost, hit follow , and drop a comment to help me continue publishing. Now, let’s dive into our analysis. 🧐 EUR/USD: What’s happening? 💱 Well, my friend, Trump’s election has made its mark, and I think the results are clear to everyone. But be careful! 🤔 Do you really think it’s us who are losing? No, my friend! The recession will happen, but it won’t be for the euro—it will hit the dollar. 💸 Give things time to unfold, and remember this article... and your loyal friend, PipGuard. 😉 Don’t let yourself be fooled by the price! Doing this job requires an analytical mind, but it’s even more crucial to stop asking "why" for every market move. Trust me, that’s my golden rule! 😊 Technical Analysis: What can we expect? 📉 The EUR/USD price is in a sharp downtrend. However, we can expect: 1️⃣ A correction in the short term. 2️⃣ A potential reversal in the medium/long term. The study you see here was conducted on a weekly and 24-hour chart to give you a clear price direction and highlight key levels of interest. 🗺️ Current situation: - The price is trading below the bullish resistance at 1.05300. 🚧 As long as the price remains below this level, the trend stays bearish. 👉 Important note: If the price doesn’t fully close (with the entire candle body) above this resistance, it will act as a support for bearish traders. I’ve clarified this to help you avoid confusion! 😉 - We also observe that the price reacted to the bearish resistance , now acting as a bullish support , located at 1.03880. At this level, the price generated a spike but didn’t close fully, which confirms the strength of this area. 💪 Order Block and next moves: - The price has touched but hasn’t yet mitigated our bullish order block (OB), which ranges from 1.03200 to 1.02500. Within this range, we can look for a bullish impulse. 🚀 This move could happen: - At the liquidity grab around 1.02900. - Or upon touching the support/bearish level at 1.02515. If, instead, the price continues to drop after a correction, don’t worry! 💡 Your friend PipGuard has you covered for this scenario too. We have a weekly Fibonacci retracement ranging from 1.02100 to 0.99730, with significant liquidity between 1.01610 and 1.00890. 📊 I hope this analysis has been helpful to you! 😊 Once again, I ask you to support me with a boost, a comment , and a follow so you don’t miss future updates. Wishing you good luck and a fantastic day/evening! ☀️🌙 Best regards, PipGuard. 💼
Long
by PipGuard
4