XAU/USD : First Long, Then SHORT ! (READ THE CAPTION)By analyzing the #Gold chart on the 30-minute timeframe, we can see that after entering the demand zone of $2,625 to $2,632, the price was met with buying pressure and has now risen to $2,651. There are several key supply levels ahead that we need to focus on. The first and one of the most important levels is the range between $2,657 to $2,660—keep a close watch on how the price reacts to this level. The next level to monitor is $2,667.7 to $2,670.5, and the third key supply zone is between $2,673 to $2,678. Keep an eye on the price reaction at these levels! (This analysis will be updated.)
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
Eurusd-4
usdchf h2 best level to short it tp +150 pips swing trade setup🔸Hello traders, let's review the 2hour chart for USDCHF today. Previous trade hit TP +135 pips, congrats if you followed, feel free
to recap via link below.
🔸Prior trading range is defined by range highs at 8520 and range lows at 8420, recently price broke to the upside, however I see limited upside
beyond 8600/8620 this is key s/r zone and bears will defend this level.
🔸Recommended strategy for USDCHF traders: focus on short selling high near 8600/8620 price cluster SL fixed at 8640 TP1 +75 pips TP2 +150 pipsp. Expecting rejection from overhead resistance and re-test of
the mid of the prior accumulation range.
🎁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.
EUR/USD Extends Decline as USD Strengthens Ahead of FOMC MinutesAs predicted, EUR/USD continues its downward trajectory against the US Dollar, which is performing strongly ahead of the much-anticipated FOMC Minutes release. The dollar’s strength is fueled by the market’s expectations of more insights into the Federal Reserve’s policy direction. With the FOMC minutes on the horizon, the price of EUR/USD may drop further, presenting traders with critical levels to watch for a possible retracement.
Technical Outlook: Key Areas for a Potential Rebound
We have identified two crucial retracement zones where a reversal could occur. These levels, based on historical price action and current market sentiment, may offer opportunities for traders looking to capitalize on the next potential move. However, patience is essential as we await the market’s reaction to the FOMC Minutes, which could trigger volatility and provide clearer direction.
Sentiment Analysis: Divergence Between Retail and Smart Money
The latest Commitment of Traders (COT) report shows an interesting shift in market sentiment. Retail traders turned bearish last week, likely responding to the recent strength of the US Dollar. However, when zooming out to a six-month view, these retail traders are still predominantly long, indicating some indecision in the broader market.
In contrast, Smart Money—typically institutional investors—has begun to accumulate long positions in EUR/USD. This divergence between retail traders and smart money suggests that while short-term sentiment favors a bearish outlook, institutional traders are positioning for a potential upward move in the future.
Patience is Key
At this stage, patience remains the most important tool for traders. With critical levels identified and the market still digesting the strength of the US Dollar, we are awaiting a clear reaction to the price levels shown on the chart. The upcoming FOMC Minutes could act as the catalyst needed to confirm the next big move in EUR/USD.
Conclusion
EUR/USD continues its decline as the US Dollar rallies ahead of the FOMC Minutes. While short-term bearish sentiment dominates the market, institutional players are starting to accumulate long positions, signaling potential for a future rebound. Traders should remain cautious and patient, waiting for a clearer signal before taking action, particularly as we approach key price levels that may offer opportunities for retracement.
✅ Please share your thoughts about EURUSD 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.
EUR/USD LONG FROM SUPPORT
Hello, Friends!
We are now examining the EUR/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.116 level.
✅LIKE AND COMMENT MY IDEAS✅
EURUSD: Dead cat bounce to 1.10500 expected.EURUSD is highly bearish on its 1D technical outlook (RSI = 38.133, MACD = -0.002, ADX = 30.825) which given the fact that the price is approaching the LL trendline, it allows for some room to recover some losses. We expect this to be a dead cat bounce but a short term buy opportunity nonetheless. Target the 4H MA200 and the 0.5 Fibonacci level (TP = 1.10500).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
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.
EURUSD: Strong Bullish Bias! Buy!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.09996
Wish you good luck in trading to you all!
Correction and rebound down EURUSD. H4 08.10.2024Correction and rebound down EURUSD
The euro has pushed down and formed a sellers zone at 1.1045-1.1085 from which I recommend to look for selling on the fall to the margin and option support at 1.0880. Also 1/2 margin zone falls into the sellers' zone and judging by the growing cumulative on the price drop, we will continue to fall after the pullback, so I do not change the priority. Keep in mind that within the medium term this is a general downward correction as the more global up trend continues.
OANDA:EURUSD
EURUSD Continues to Decline Amid Stronger USDToday, EURUSD continues its downward trajectory, trading below key levels as the US Dollar strengthens. The pair has been under pressure due to positive US economic data, which has fueled expectations of prolonged higher interest rates by the Federal Reserve.
Meanwhile, eurozone economic outlook remains uncertain, contributing to the weakening of the Euro. As a result, EURUSD shows no significant signs of recovery, with bearish momentum dominating the market. Traders are now eyeing key support levels to assess the next move for the pair.
EUR/USD: USD Remains Strong as Market Awaits Key Economic DataThe US Dollar Index (DXY) continues to show strength at the start of the new week, holding firm against the Euro. The Greenback surged last Friday after the release of the Nonfarm Payrolls (NFP) report, which revealed a healthier-than-expected US labor market. This solid performance in the world’s largest economy has reassured investors that the Federal Reserve (Fed) will not need to implement aggressive interest rate cuts in the near term.
With the stronger labor market, the likelihood of a 50 basis point (bps) rate cut in November has dropped significantly to around 5%, while expectations have shifted to a smaller 25 bps cut in the upcoming meeting.
Focus Shifts to Upcoming Economic Data
As we move into the week, market attention is firmly on upcoming key events. Tomorrow, the FOMC Meeting Minutes will provide further insights into the Fed’s stance on interest rates. Following that, Wednesday will bring the release of significant data, including the Core CPI m/m, CPI m/m, CPI y/y, and Unemployment Claims. These releases will be crucial in shaping the market's expectations for the Fed’s next moves.
While forecasts for these economic reports suggest a potentially worse scenario for the US Dollar, the Greenback has continued to rally over the past week. The direction of the USD may only become clearer after these critical data releases, as they will offer a more detailed picture of the inflationary landscape and labor market health.
Technical Analysis: Demand Zones in Focus
In the EUR/USD chart, we have identified two key demand areas. The demand zone highlighted in the gold rectangle appears the most plausible if the price drops following the release of the economic news. This area could serve as a critical point for traders to look for potential buy opportunities if the market reacts negatively to the data.
At present, we are not holding any active positions in EUR/USD and are carefully watching for the price to approach an area of interest before making any moves. Patience will be key as we await the impact of this week’s economic announcements on the market.
Conclusion
The US Dollar’s strength remains intact as we head into a week filled with pivotal economic data. With the FOMC Meeting Minutes and inflation data on the horizon, the market is eagerly awaiting clearer direction. For now, the USD is holding its ground, but traders should stay vigilant and wait for confirmation from the upcoming news releases before making any major trading decisions.
We remain on standby, watching the EUR/USD pair closely, and will assess potential trade opportunities as the market reacts to the economic developments.
✅ Please share your thoughts about EURUSD 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.
Potential bullish rise?EUR/USD has reacted off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 1.0955
Why we like it:
There is a pullback support level.
Stop loss: 1.0899
Why we like it:
There is a pullback support level.
Take profit: 1.1048
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
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.
Euro H4 | Rising into pullback resistanceThe Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.1005 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 1.1065 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance.
Take profit is at 1.0951 which is a multi-swing-low support.
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. 62% 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 (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% 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.
EURUSD weakens due to ECB's dovish stance
The Eurozone Retail Trade (Aug) increased by 0.2%(MoM), reaching a five-month high in line with expectations. However, the annual figures fell below expectations, indicating a general decline in consumer spending. In contrast, German factory orders experienced a significant 5.8%(MoM) decrease (previously 3.9%, consensus -1.9%). These conflicting economic indicators may compel the ECB to adopt a cautious stance by prioritizing growth and could result in additional monetary easing, potentially leading to a weakening of the euro.
EURUSD broke the 1.1000 threshold and consolidated near the 1.0980 level. EMA21 has death-crossed EMA78 and widened the gap between them, indicating a bearish trend.
If EURUSD sustains below 1.1000 and breaks 1.0950, the price may fall further to 1.0870.
Conversely, if EURUSD breaches the 1.1000 threshold and EMA21, the price could rise to 1.1050.
EURUSD Confirmed sell signal with MA50 (1d) confirmationEURUSD broke below the MA50 (1d) for the first time since August 2nd, which is a technical sell signal.
The MA50 (1d) has been the pivot of the Ascending Triangle and every break below it has delivered more downside.
Trading Plan:
1. Sell on the next rebound to the MA50 (1d).
Targets:
1. 1.078000 (Support A).
Tips:
1. The MACD (1d) is posting the same pattern of the December top. Technical sell signal.
Please like, follow and comment!!
Notes:
Past trading plan:
EURUSD: Bullish Continuation & Long Trade
EURUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURUSD
Entry - 1.0978
Sl - 1.0925
Tp - 1.1074
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURUSD BUY | Idea Trading AnalysisEURUSD is moving on support zone
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️