EURUSD - Nearing a Make or Break SituationWe analysed EURUSD few days back and it was highlighting a Bearish move. This move was completed and resulted in a reversal. However the price now sits close to Bearish Trendline so a Break or Rejection of this trendline is expected. We currently have double top formed and if the above resistance is repected, we should see price declining to lower levels.
Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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Disclaimer: This content is for educational purposes only and should not be considered financial advice.
EURUSD
EURUSD Scenario 2.1.2025In this phase we are in, I think it is better to stay out of it at least on higher tf because when I look at this market, I rather expect some new bottom which could be considered as sfp below low from which the price could bounce into long but for now I am watching the reaction around the poc level.
EURUSD. Trading opportunityHey traders and investors!
Daily Timeframe Analysis
On the daily timeframe, there is a range-bound market. The boundaries are marked on the chart. The current buyer vector is 5-6, with a potential target of 1.06098. A buyer zone has formed within the current buyer vector (green rectangle on the chart). Buying opportunities (buy patterns) can be sought from the buyer zone.
1H Timeframe Analysis
On the hourly timeframe, there is also a range-bound market, with boundaries marked on the chart.
Given the daily timeframe, it's preferable to look for buys from the lower levels of the range (1.03525, 1.03319 – 1.03286) or after the buyer breaks out of the upper boundary (1.0437) and defends the breakout.
I wish you profitable trades!
EURUSD BUY | Idea Trading AnalysisEURUSD is moving in an UP trend channel, is trading along the rising support
And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at
The chart broke through the dynamic support, which now acts ...
We expect a decline in the channel after testing the current level.
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.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
GBPUSD Analysis: Bullish Breakout from Falling WedgEThe forex pair GBPUSD is currently trading at 1.25600, with a target price set at 1.28000, indicating a potential gain of over 200 pips. The price action showcases a falling wedge pattern, a bullish reversal formation, which has already broken out to the upside. This breakout confirms a shift in momentum, aligning with the bullish prediction made in prior analysis. Falling wedges typically suggest decreasing bearish pressure, paving the way for buyers to dominate. The breakout signifies a strong upward move, reinforcing confidence in the target price. Traders may see this as an opportunity to capitalize on the bullish trend. However, market conditions, such as economic data or geopolitical events, should still be monitored. Proper risk management remains essential to mitigate potential losses. This setup highlights the importance of technical analysis in identifying profitable trading opportunities.
Be sure to check out the Euro Dollar AnalysisGreetings to our dear followers💎
The main trend of the above timeframes, like the weekly and daily timeframes, is bearish, so we expect a decline in the Euro-Dollar.🎯
We have predicted the trend of the Euro-Dollar for the next three weeks🚀
Please take a position with your personal trading setup along with the trend.
If I see any changes, I will update the post with new analysis. Thank you for your support❤✔
EURUSD, swing of the year.FOREXCOM:EURUSD / 1D
Hello Traders, welcome back to another market breakdown.
EURUSD is showing strong bearish momentum after the dollar index DXY
broke above the 2 years range. However, the price is oversold for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the middle of the range zone for a more strategic entry.
If the pullback holds and sell off confirms, the next leg higher could target:
First Resistance: Immediate levels formed during prior consolidation.
Second resistance: Yearly lows.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
EUR/USD-1WOkay. Here's another one:
This is the Weekly Chart of EUR/USD. This is a little to the left of the Chart. This Chart was annotated earlier this Week. It's looking like the low of the Premium-Discount leg of price action prior to this sell-off leg we are currently experiencing going into the new year.
The goal is to bring attention to sensitive points from the POV of HT (1W).
What do you see?.
ADYOR.
Euro H4 | Heading into overlap resistanceThe Euro (EUR/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.0453 which is an overlap resistance.
Stop loss is at 1.0544 which is a level that sits above the 127.2% Fibonacci extension level and an overlap resistance.
Take profit is at 1.0343 which is a pullback support.
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EURUSD Important Areas Hi today I have drawn the important levels on the chart. Be careful of continued upside thank you. I think that the market can also go down today and the market might not be sure right now. We can notice the volume and other technical indicators to help us determine which way the market will swing today. Thanks and please help us to support the channel thank you.
#eurusd
Euro vs. Dollar: A Wild Ride to 1.06 or a Slide to 1.00?
Evening Trading Family
The Euro and Dollar are in for a big adventure! If the Euro can jump over the big wall at 1.04, we might see it zoom up to 1.06, like scoring a high jump in track and field! But be careful, if it falls under 1.03, it's like tripping and tumbling down to 1.02 or even 1.00. After that, there might be a small bounce back up, but be ready because the Dollar could push it down again, like a game of tug-of-war where the Dollar's team is strong. It's going to be a thrilling ride!
If you found this post helpful like, boost and share I greatly appreciate it
Kris/Mindbloome Exchange
Trade What You See
Levels discussed on livestream 6th Jan 20256th January 2025
DXY: Consolidating along 108.90, could test 108.50 (61.8%) before trading higher again to 109 round number (below 108.50 could test bottom of channel)
NZDUSD: Sell 0.5575 SL 30 TP 60
AUDUSD: Sell 0.6265 SL 30 TP 60
GBPUSD: Wait for reaction at 1.25 round number resistance level
EURUSD: Look for rejection of 1.04, Sell 1.0315 SL 30 TP 90
USDJPY: Sell 157.65 SL 50 TP 150
EURJPY: Buy 163.55 SL 40 TP 120
GBPJPY: Sell 196.40 SL 50 TP 150
USDCHF: Look for reaction at bottom of channel 0.9060 or support level 0.9020
USDCAD: Ranging between 1.4335 and 1.4465
XAUUSD: Break 2624 to trade down to 2610 (bullish trendline)
Short term EU buySo, this is my strategy moving into 2025. I'm a break even trader starting my 5th year in the hot seat.
I'll be trading a 50k demo right here on tradingview. 1% risk per trade, minimum r:r = 1:1.
I'm only entering trades on EU at this stage, however DXY and GU are always on my screen.
Timeframes: Weekly, Daily and H4, primarily focused on the daily, hence it is now necessary for me to take part in an end of day analysis.
My plan remains the same as Day 1: Get profitable.
Blue = EUR/USD
Green = DXY
Red = GBP/USD
The dollar is inverted simply because it looks better based on how I'm analysing.
So, the weekly has made a significant close lower across the board and the range of this candle is highlighted in gold.
After Monday's trading, the Euro has closed above its recent daily parent candle, signally potential further movement towards the upside. This can be confirmed when looking at the DXY which is harbouring relative equal highs at the weekly gap, a considerable draw on liquidity.
At this moment in time I can only wait and see how the market interacts with these htf areas of interest I have labelled.
I need to see some kind of event occur at a high, low or 50%.
I would imagine there will be further buys throughout the daily sessions, drawing up to the 1.05 zone.
I'm open to feedback and chill conversation.
Brent Oil Poised for a Rally!Brent crude prices are currently influenced by a combination of strong geopolitical and climatic factors. At present, WTI is trading around $73.30 per barrel, nearing its highest levels since October 2024, as investors closely monitor the potential impact of colder weather in the United States and Europe. Seasonal demand for heating oil is expected to rise, providing additional support to crude prices. Simultaneously, China’s economic policy plays a crucial role in shaping the global energy market, given its status as the world’s largest crude importer. Recent stimulus measures announced by Beijing, including ultra-long-dated treasury bonds and initiatives to boost investment and consumption, have heightened expectations for increased fuel demand. Support from the People’s Bank of China, which anticipates a potential interest rate cut in 2025, along with the Shanghai Stock Exchange’s commitment to further open capital markets to foreign investors, strengthens the country’s economic recovery outlook.
In addition to these dynamics, the outlook for Iranian exports remains a critical factor for the Brent market. Goldman Sachs forecasts a decline in Iranian production by approximately 300,000 barrels per day by the second quarter of 2025, lowering the country’s total output to 3.25 million barrels per day. This drop is attributed to the anticipated tightening of sanctions under the new Trump administration, which could curtail global supply and support higher prices. The combination of rising seasonal demand for heating oil, growing demand from China, and reduced Iranian supply could sustain an upward trend in Brent prices in the short to medium term. However, it remains essential to closely monitor geopolitical developments and major central bank policies, as any significant changes could alter the current outlook.
EURUSD Potential DownsidesHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.05000 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.05000 support and resistance area.
Trade safe, Joe.
Analyzing XAUUSD: Support and Resistance Dynamics Driving a BullXAUUSD, representing the price of gold against the US dollar, is currently trading at 2635 with an anticipated target price of 2800. The price movement is based on the support and resistance pattern, where the current price is bouncing off a strong support level. This suggests that buyers are stepping in at this level, preventing further declines and creating upward momentum. The support level at 2635 is critical, indicating strong buying interest, while the target price of 2800 reflects bullish sentiment. This pattern demonstrates the interplay of technical levels, with the price expected to rise as it moves toward resistance zones. Traders anticipate a potential breakout above intermediate resistance levels as the price progresses toward the target. The market sentiment is supported by gold's status as a safe-haven asset, attracting investors during uncertain economic conditions. To confirm the upward move, traders may use additional technical indicators like RSI or MACD. However, risk management strategies, such as stop-loss orders below the support level, are essential to mitigate potential losses. Overall, XAUUSD is poised for an upward trajectory, highlighting the importance of support and resistance dynamics in forex trading.
Market Analysis: How to Execute This Trade // EURUSDFX:EURUSD
How to Execute This Trade
Forex Analysis
Over the past three months, the EUR/USD exchange rate has experienced notable fluctuations. In early October 2024, the euro was trading at approximately $1.10. By early January 2025, it had declined to around $1.04, marking a depreciation of about 5.5%
How to Make This Trade?
Let’s analyze the recent movements in the EUR/USD market.
After a medium-term upward trend and a long-term lateral trend, EUR/USD failed to break the resistance level at 1.10. In October, this triggered a downward trend that led to a 2% decline, repositioning the pair on important support levels for the recent rally. However, these supports were unable to hold.
Subsequently, we observed a small price recovery, building a timid upward move. However, it was quickly stopped by another decline, likely due to new data. This decline established a support level, which soon turned into resistance and a high-volume area (the yellow zone). These two signals indicate the strength of the downtrend. The support failed to hold even upon the second touch, confirming the weakness of the pair.
The most common mistake in such situations is going long with the thought, “It has fallen so much; it must reverse now.” But markets don’t work that way. You need to view the market objectively and unemotionally. In this specific case, the market clearly indicates a downtrend, so the best strategy is to follow the trend and enter short at the next rebound // The chances of success are much higher this way than trying to go long.
After breaking support and finding a buying zone on a significant support level (part of the long-term lateral trend mentioned earlier), the price moved back up and broke the resistance area. In such cases, it is always better to wait for a “climax,” a sharp movement that confirms the breakout. A good entry point could have been the resistance level or the volume zone.
To avoid unpleasant surprises or anomalous movements, set an alert and wait for confirmation before entering. Ideally, you want to see an upward candle entering your area of interest, retracing, and closing with a medium-to-large spike.
Our reasoning is confirmed as the market absorbs a large candle, creating an excellent opportunity for a short. To the left, we see a large expansion candle breaking several support levels—these candles often act effectively at their base, and this case is no exception.
We placed our trade at the candle’s close, aiming for a risk-reward (RR) of 3.46. The stop loss (SL) was set above the expansion candle’s opening, giving it some breathing rooM // The more space you allow for your stop loss, the higher the probability of success.
Let the trade run, and you’ll notice how the position almost never went into the red. This is because we waited for the right entry point without any emotional bias. Of course, this won’t always be the case, and mistakes will happen, but the key is to remain objective and measured.
We were also fortunate that new data caused a sharp price drop. In such situations, it’s smart to capitalize on the movement // Cut losses short and let profits run.
Adjust the take profit (TP) accordingly.
Switching to a 10-minute time frame, we implemented a “Follow the Price” (FTP) strategy. This involves moving the TP higher, to the base of the last candle, and continuing to adjust it until the price fills the TP. Let’s see how much we extended the profit.
In this case, the profit extension wasn’t huge but still added value without taking additional risks.
This is “How to Execute This Trade.”
EUR/USD on high time frame
"Hello traders,
Concerning EURUSD on the high timeframe, the price has reached a significant (FVG) on the monthly chart and sharply rejected from it. The candle formations on the daily and 4-hour charts suggest a potential increase in price, with the initial level being the mitigated 4-hour zone. It is advisable to monitor the price further for additional insights on the next level."
EURUSD Will Grow! Buy!
Take a look at our analysis for EURUSD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.030.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.038 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD Short-term buying activity spotted.The EURUSD pair has been under heavy selling pressure for the whole December but despite the red candle, it closed last week on a long wick and opened today on a green note. The weekly closing managed to make it inside the 2-year Megaphone pattern.
At the same time, the 1W RSI is making a Double Bottom and that resembles the August 06 2018 candle, which was also a medium-term bottom after a multi-month decline. The rebound that followed peaked a little below the 1W MA50 (blue trend-line) and Resistance.
As a result, we are bullish on this pair, at least on the medium-term, targeting 1.0600 (just below the Resistance level).
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