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EURUSD

EURUSD 12/1/24Starting the week with our clear bias and understanding of what we aim to trade on EUR/USD. This bias and understanding are, as always, brought to us by Orion, providing precise bias, points of interest, and entry areas. This week, we observe institutions once again driving the market downward, and we plan to follow this flow. Based on the current market conditions, we are presented with a target low and a major collection of highs, creating a strong area to watch for bearish momentum to return. The game plan is simple: look for a new low to form, giving us targets to aim for. If this happens, watch for the highs to be taken out, which will align us with our short bias. Alternatively, if our current target is reached first, we’ll shift our focus to the highs, providing opportunities to target new lows as the market retraces back to these areas, keeping us in line with the short bias. Follow what price action shows you and, as always, trust Orion. Stick to your plan, follow your rules.
by PipSurfingSociety
EURUSD // long term outlookThis week's close is below a significant level. First, it crossed below a weekly breakout, second, below the weekly target fibo 61.8. Any up move until the weekly impulse base is just a correction of the last weekly wave down. The next weekly levels are all targets, but 0.91100 is, in my opinion, keeps getting more chance to be reached. WHAT DO YOU THINK? ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated. Level colors: Daily - blue Weekly - purple Monthly - magenta H4 - aqua Long trigger - green Short trigger - red ——— Stay grounded, stay present. 🏄🏼‍♂️ <<please boost 🚀 if you enjoy💚
Short
by TheMarketFlow
EURAUD - Start 2025 with a BIG Win!EURAUD has given us a fantastic opportunity to get in at the very start of a BIG move. We are currently in an ABC correction. We'e completed waves A and B and now currently in wave C. We're expecting 5 waves from wave C and looks as if we've completed wave 1 and currently in wave 2. We're looking to catch the rest of the move on the break of the trendline. Trade Idea: - Safe entry on break of trendline - Riskier entry within the fibs or anywhere below invalidation - stops above invalidation - Targets: 1.6 (700pips), 1.156 (1100pips) - Taper as we move lower What do you guys think? Goodluck and as always, trade safe!
by WicktatorFX
7
EURO - Price can turn around from support area and start growHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined inside falling channel, where it reached resistance line and then fell to $1.0455 level. Then price moved up to resistance line, some time traded near, and then made downward impulse. Price exited from channel, breaking $1.0455 level, and started to trades in flat, where it at once rose to resistance area. In flat, price so long traded in resistance area, after which it turned around and corrected to $1.0250 level. Euro backed up to resistance area, but at once bounced and dropped below $1.0250 level, breaking it and exiting from flat. I think that price can turn around in support area and then bounce up to $1.0365, breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
HelenP. I Euro can rebound from trend line and continue to fallHi folks today I'm prepared for you Euro analytics. If we look at the char we can see how the price reached the trend line and then at once dropped to resistance 2, which coincided with the resistance zone. Later price broke resistance 2 and the nsome time traded below this level, after which declined to resistance 1. But then the Euro made impulse up to resistance 2, making a gap, after which continued to trades near resistance 2. When the price reached the trend line, it started to decline near this line and later declined to resistance 1, after which turned around and in a short time rose to the trend line, after which dropped below resistance 1, breaking it too. But soon, the Euro turned around and tried to back up, and failed, after which continued to fall near the trend line. For this case, I expect that EURUSD will rise to the trend line and then continue to decline next. That's why I set my goal at 1.01 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
14
EURUSD D1 BEARISH, RETURN TO PARITY ?Lot of confluence factors indicate that EUR is going to give way to USD COT Delta = black line dropping hard, Institutions are heavily short YIELD Differential = green/red line, nosedive lower LIQUIDITY Differential = orange line = FED more restrictive than ECB ? GAPS = Next Weekly gap is 150 pips lower @ 1.01 = Yearly S1 PIVOTS = Price below Yearly PP, heading for Yearly S1 @ 1.0050 = GAP Low FUNDAMENTALS = USD beats EUR on pretty much all metrics ECONOMICS = Germany, the EU-powerhouse, in multi-year recession POLITICS = Trust is fading, most EU-countries (will) vote for change Looking for a drop in price to 1.01, probably return to parity before spring
Short
by xtrader1
Weekly Insights: Euro/Dollar and Gold Analysis Hello, fellow traders! I hope you’re all doing well. Today, we want to share some insights and observations from the past week that might help you navigate the markets. Euro/Dollar: We’re seeing some outflows in put options with a strike price of $1.05, which are already in the money and have intrinsic value. Additionally, there’s been a resale of put options at the $1.02 strike. This suggests a sentiment shift—at the very least, we might be witnessing a halt in the downward movement. So, keep an eye on this pair, it could be setting up for a bounce. Gold: On the gold front, there’s been aggressive buying of call spreads with targets around $2950-$3000. However, this seems a bit too straightforward and obvious—buying after a price increase at high levels doesn’t scream insider trading or strong sentiment. It feels more like a speculative play, and honestly, it’s pretty apparent. The sentiment here is Neutral.
OANDA:XAUUSDLong
by ClashChartsTeam
Euro can rise a little and then continue to fall to support lineHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price some days started to trades inside the range, where it reached the top part at once and then dropped to the bottom part, breaking the resistance level, which coincided with the seller zone. Also then, EUR declined to the current resistance level, and even a little below, after which made a strong impulse up, backing up to the range, where it later broke the 1.0520 resistance level one more time. Then price some time traded inside the range and later reached the resistance line, after which started to decline. In a short time, the Euro declined to the current resistance level, thereby breaking the 1.0520 level and exiting from the range and then some time trading near the 1.0350 level. After this, the price broke this level and fell to the support line, but at once rebounded and rose to the resistance line, breaking the 1.0350 level again. A not long time ago, EUR broke the 1.0350 level one more time and continued to decline. For this case, I think that the Euro can rise to almost resistance level and then continue to fall to 1.0190 points, which coincides with the support line. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
4
EURUSD - Outlook for Week Commencing 13/01/2025Bias for Week commencing 13/01/2025 The chart shows a clear downtrend, as indicated by: Lower highs and lower lows The price is trading below key resistance levels and within a descending channel (yellow lines) The histogram and oscillator suggest bearish momentum Key Support and Resistance Levels Support Levels: 1.0230–1.0250: Immediate support zone where price has recently reacted. 1.0150: A lower significant support level, visible as a historical pivot point. Resistance Levels: 1.0350: Near the upper boundary of the descending channel. 1.0450: A higher resistance zone and an earlier swing high. Scenario 1: Continuation of the Downtrend Entry: Sell below 1.0230 (on confirmation of a breakdown). Stop Loss (SL): Set above the 1.0280 resistance. Take Profit (TP): TP1: 1.0150 (next support zone). TP2: 1.0100 (extension of bearish move). Scenario 2: Pullback to Resistance Entry: Sell near 1.0350 (if price retraces to this resistance). Stop Loss (SL): Set above 1.0400. Take Profit (TP): TP1: 1.0250 (current support zone). TP2: 1.0150 (next major support). Scenario 3: Bullish Reversal Look for a breakout above 1.0350 with strong bullish momentum to consider buys. Entry: Buy above 1.0350 on confirmation. Stop Loss (SL): Below 1.0300. Take Profit (TP): TP1: 1.0450 (next resistance). TP2: 1.0500 (upper channel boundary). If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purpose only and should not be considered financial advice.
by MarketsPOV
EUR/USD: Awaits Key Economic Data for Future DirectionThe EUR/USD currency pair commenced the week on a strong upward trajectory, demonstrating significant gains on Monday. This bullish momentum follows a period during which the pair successfully reached a previous profit target in a designated demand zone. However, despite this recent uplift, the EUR/USD remains trapped within two crucial supply zones, regions that may serve as resistance points capable of inducing a pullback as the pair seeks to sustain its broader bearish trend. As the day unfolds, market participants will be closely monitoring several pivotal economic indicators from the United States that could significantly influence the trajectory of the USD and, by extension, the EUR/USD pair. Among these reports, the ISM Services PMI for December and the JOLTS Job Openings data for November are expected to take center stage. Analysts have projected that the ISM Services PMI will rise to 53, an improvement from the 52.1 recorded in November. The importance of this report cannot be understated. A reading below 50 would signal a contraction in the services sector, potentially triggering renewed selling pressure on the USD and providing a lift to the EUR/USD pair. In contrast, a robust print of 55 or more could bolster the USD's strength, helping it to find a solid footing and potentially limiting any upward movement in the EUR/USD. In addition to the ISM Services PMI, the JOLTS Job Openings data will also be scrutinized, as this metric provides insights into the labor market's health. A decrease in job openings could suggest a cooling labor market, further weighing on the USD. Conversely, a significant increase in openings might affirm the Federal Reserve's steadfast approach to monetary policy, further reinforcing the dollar's standing. Given the current environment, our analysis leans towards the expectation of a potential bearish continuation for the EUR/USD pair. The interplay of the anticipated economic data and the prevailing technical resistance levels will be critical in determining the pair's next moves—particularly as traders navigate the complex dynamics of supply and demand. As we look ahead, vigilance and adaptability will be key for market participants seeking to capitalize on the fluctuations in this major currency pair. Our Previous Forecast: ✅ 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
EUR/USD Pair: Market Sentiment Ahead of Employment ReportAs I draft this article during the London trading session, the EUR/USD currency pair is showing a bearish trend, hovering around the 1.0300 mark. The focus of the market later today will shift to the US Bureau of Labor Statistics, which is set to release its employment report for December. Analysts anticipate that Nonfarm Payrolls (NFP) will increase by 164,000, a decrease from November's impressive rise of 227,000. Additionally, the unemployment rate is expected to remain steady at 4.2%. Another point of interest will be the Average Hourly Earnings on a month-over-month basis, which currently forecasts a lower value compared to previous reports. If the NFP figure surpasses 200,000, we could see a significant uptick in the US dollar as traders position themselves ahead of the weekend, potentially driving the EUR/USD lower. Conversely, if the NFP falls short of expectations with a reading below 150,000, we may witness a reversal in the dollar's strength, which could provide upward momentum for the EUR/USD pair. In the event that the NFP aligns closely with market predictions, the unemployment rate's fluctuation could play a critical role in determining the dollar's value; an unexpected rise in the unemployment rate may weaken the currency, while a drop could bolster it. From a technical analysis standpoint, we maintain a bearish outlook on the Euro, and there is potential for us to reach our first take profit level today. Market participants will be keenly observing the data as it could significantly influence trading decisions in the hours ahead. My 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
EURUSD Sellers In Panic! BUY My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0249 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0292 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EUR/USD Bearish PennantThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant 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 – 1.0242 2nd Support – 1.0205 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
27
EURUSD - possible sells with the Data release?Here is our analysis on EURUSD . Possible shorts in play. As we are anticipating the news release today, we can still assume the TVC:DXY will remain bullish. If the News and Data release is positive for the US Dollar , we could see more downside on the pair. With the new H4 just opening and the previous closing strongly bearish, we can assume that EURUSD will continue going down. Our Entry is sitting at 1.03272 with SL (Stop Loss) at 1.03587 . If we break above our SL we would most likely reverse and this trade idea would be invalidated. Our TP (Take Profit) is sitting at 1.02642 and if broken + the positive news and data release, we could see the price digging even deeper . PARAMETERS - Entry: 1.03272 - SL: 1.03587 - TP: 1.02642 KEY NOTES - EURUSD is bearish. - DXY (USD) still remains bullish and holds strength against other pairs. - Positive news for the US could result in even lower prices on EURUSD. Happy trading! FxPocket
Short
by FxPocket
1
EURUSD H4 I Bearish ReversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0350, which is a pullback resistance close to a 50% Fibonacci retracement. Our take profit will be at 1.0261, a swing low support level. The stop loss will be at 1.0463 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
Markets were in consolidation on 9th Jan 20259th January 2025 DXY: Consolidate between 109 and 109.40, could breakout to 110 NZDUSD: Sell 0.5575 SL 30 TP 60 AUDUSD: Look for reaction at 0.62, Buy 0.6220 SL 25 TP 50 or Sell 0.6175 SL 20 TP 60 GBPUSD: Sell 1.2260 SL 20 TP 70 EURUSD: Sell 1.0270 SL 25 TP 60 USDJPY: Watching that 158 resistance level EURJPY: Sell 162.40 SL 50 TP 80 GBPJPY: Sell 193.30 SL 50 TP 100 USDCHF: Buy 0.9130 SL 20 TP 50 USDCAD: Buy 1.4415 SL 20 TP 45 XAUUSD: Watch 2672 resistance (61.8%), possible rejection.
TVC:DXY
by JinDao_Tai