Eurusdanalysis
EURUSD BEARS LOOKING FOR MORE DOWNSIDE !!!Hello Traders
EURUSD is now trading in downtrend and ECB also looking for rate cuts so our expectations are a down till these design levels friends our R & R ratio is great on this trade lets see what markets give us this week have look on our Other analysis so you can understand why we are buying $ this week this is just an trade idea make a proper analysis before any trade and share
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EURUSD Analysis(➡️RR=2.00)🏃 EURUSD is moving in the 🔴 Resistance zone($1.0910-$1.0880) 🔴 and near the Downtrend line .
🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 4 at the 🔴 Resistance zone($1.0910-$1.0880) 🔴.
🔔I expect EURUSD to continue to Decline at least to the 🟢 Support zone($1.0800-$1.0756) 🟢.
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EURUSD
🔴Position: Short
✅Entry Point: 1.08877 USD (Stop Limit Order)
⛔️Stop Loss: 1.09380 USD
💰Take Profit:
🎯 1.08372 USD RR==1.00
🎯 1.07869 USD
Risk-To-Reward: 2.00
Please don't forget to follow capital management ⚠️
Please pay attention to the style of opening the position.⚠️
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Euro/U.S.Dollar Analyze ( EURUSD), 4-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: Forecast January 15After breaking the bottom of 1,085, the selling pressure was not maintained, the buying force returned strongly and pushed the price beyond the downtrend line. Although there is still no clear bullish reversal signal, it can be seen that the buying side is strengthening through the frequency and size of bullish candlesticks. You should temporarily stop trading at this time, need to wait for clearer signals.
💡 EURUSD: Forecast January 26After breaking the short-term downtrend line, the buyers were unable to maintain the pressure and the sellers returned later, currently the price is being forced down to the resistance area of 1,082, a continuous change in buying and selling pressure. This shows that the two sides are struggling fiercely in this area without creating any really clear signals. You temporarily stop trading, pay attention to the boundaries of the range, the direction of the breakout can reveal the next direction of the price.
💡 EURUSD: Forecast January 23ANALYSIS TODAY: EURUSD slipped slightly in the past session and there have been no significant new signals, the price is still maintained below the short-term downtrend line, and the recent accumulation moves of the price reflect that sellers may are accumulating and waiting for a new price push so the outlook is still bearish. Please pay attention to the support level at 1,085. If it is broken, the downward momentum could quickly expand to the 1,070-75 area. If you still have a short position, you can continue to hold the order.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
💡 EURUSD: Forecast January 22ANALYSIS TODAY: After consecutive bullish reversal signals including the spinning top and pin bar pattern, the price has recovered slightly in the past session, however it has not yet broken the short-term downtrend line and has not created a new high, so The situation has not yet changed significantly. You continue to be wary of the possibility of a bullish reversal. If you still have a short position, you need to maintain the SL above 1.09.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
💡 EURUSD: Analysis January 19Indicator is used:
- Chandelier Exit
- EMA
- MACD
Re-tested the 1.09 conversion resistance zone in the last session, but the selling force returned and prevented the price from rising above this level. However, observing on a daily basis we see a spindle - credit model. Potential reversal signal. Therefore, you need to be wary of the possibility of a price reversal to the upside. You can hold short positions according to the previous breakdown signal but the SL needs to be placed above the 1.09 resistance level.
💡 EURUSD: Analysis January 17EURUSD has fallen to the support zone around 1.0850. If the price forms and gives us a signal to buy up in this zone, we can consider trading.
If you trade this frame, please note that you can wait for the price to break the most recent peak of the H4 frame and then look for a buyback price according to the previous price increase, so you will have a much higher probability of winning. .
In general, with this currency pair, please pay attention to the current support price area around 1.0850. If there is a signal of a price decrease, you can consider trading.
Also note that we have a small resistance level around the round number 1.0900. If you are trading in the low frame and see the price approaching this area and forming a nice bearish signal, you can consider it. Can you please sell soup from this area?
💡 EURUSD: Forecast January 12EURUSD's price action did not change much, yesterday's price dropped sharply in the European session and turned up in the US session. Basically, the price action of the H4 frame does not have much impact, so our trading strategy remains unchanged. Continue to observe the resistance area around 1.1020. If the price approaches this area and forms a sell signal, you can consider trading.
EURUSD → Short to 1.06? Or Will we Break Resistance to Long?EURUSD was rejected twice at the Resistance Zone and ended last week with another leg up. Should we short here?
How do we trade this? 🤔
We had a decent entry last week, but that ended with a surprise leg up into the Resistance Zone. We now have a sell signal at the top of the zone, but need to wait for a strong bear bar closing on or near its low below the Resistance Zone around the 1.10 area. Stop loss should be placed above the Resistance Zone and set a take profit around 1:2 Risk/Reward at 1.065. It's also reasonable to take half profits at 1:1 Risk/Reward and swing the remainder of your position.
💡 Trade Ideas 💡
Short Entry: 1.09835
🟥 Stop Loss: $1.1150
✅ Take Profit: 1.06500
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Contact with Resistance Zone and Two Bear Bars
2. Look for Follow-Through and a close below Resistance Zone.
3. 1:2 Risk/Reward Ratio, Watch Out for Support at EMA Ribbons.
4. RSI at 60.00 and above Moving Average, Needs to Fall Below.
5. Also Reasonable to Scalp 1:1 and Move Stop Up to Entry.
💰 Trading Tip 💰
All trades carry a probability value based on statistical data of the price action. If the market exceeds 60% probability in a direction, it's reasonable to take the trade assuming your Risk/Reward and Probability are positive.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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EUR/USD has established a support base;will it rise above 1.12?OANDA:EURUSD has shown limited movement since the start of the year, fluctuating within a range approximately between 1.09 and 1.1. Nevertheless, the price action indicates the formation of a potential support base, as observed through the consistent buying of dips and the pair's inclination towards an upward trajectory.
Confirmation of an impending upward movement hinges on a breakthrough above the range's resistance at 1.1. In such a scenario, we could anticipate a surge towards 1.12. My strategy involves seeking buying opportunities during market declines, while considering a shift if the price experiences a daily close below 1.09, negating this optimistic scenario.