Get started

Eurusdbuy

EUR.USD (Y25.P1.E1).Macro overviewHi Traders, Although this is not a trading strategy, looking at the big picture can enable some conditions to look at the market bullish or bearish. I don't there is any dispute about this descending wedge. And a breakout would be a means for a long entry. What might do this is Trump's US financial policy or strategy, to bring the manufactering back to USA, which means he has to devalue the dollar. He can't have both global currency dominance and at the same time, entice manufacturers back to the USA and keep export strong with a strong dollar. He has an impossible task. I therefore think this weakening of the dollar is inevitable and the rush to gold as well will serve this descending wedge breakout. Europe will likely hurt as well as their currency gains against the dollar as high price exports will be beaten by the likes of China. Anyway, these are all assumptions. As to trading entry, I will look for a a sign of strength before looking to flip away from the dollar and into Euro, but gold is better. All the best, S.SAri Smaller TF or micro structure to look for. a) current wave is wave 2 or b) part of a longer accumulation wave of 5 counts = Elliott 5 wave pattern.
Long
by ssari
EUR/USD Longs from 3hr demand zone My bias for EUR/USD (EU) aligns with my outlook on other dollar pairs, as the Dollar Index (DXY) has been trending lower, reinforcing the bullish momentum for EU, GU, and Gold. Currently, there’s a clean 3-hour demand zone that caused a break of structure to the upside—this is the move I’m looking to capitalize on. My expectation is for price to continue higher and target the pool of liquidity resting above. That said, if price shows a shift in character to the downside on the higher timeframes (HTF), I’ll reassess and look for potential opportunities to capitalize on that move instead. Confluences for EU Buys: ✅ Price is in a strong bullish trend, consistently forming higher highs and higher lows. ✅ The Dollar Index (DXY) remains bearish, supporting this bullish outlook. ✅ Liquidity above that price is likely to target. ✅ Clean 3-hour demand zone that remains unmitigated. Alternative Scenario: If price drops below the 3-hour demand zone, I’ll look for my next buy opportunity at the clean 6-hour demand zone around 1.03000, where price would be in a more discounted area. Stay sharp and trade smart—have a great trading week! 🤺
Long
by Hassan_fx
EUR/USD forex trading chart showing a bullish market analysis.This is a EUR/USD forex trading chart showing a bullish market analysis with projected upward movement. Key Points: • Support Levels: 1.04130 - 1.04294 (potential strong buy zone). • Resistance Levels: 1.05908, 1.07833, and 1.08000 (key targets for buyers). • Expected Movement: • Price may stay around 1.045 - 1.059 before pushing towards 1.078. • A bullish channel is forming, indicating an uptrend continuation. This analysis suggests long (buy) trade opportunities, especially around 1.045, targeting 1.078 - 1.080 as the next resistance zone.
by Blue_Pills
Latest analysis of EUR/USDAfter a period of consolidation, EUR/USD is still hovering around the key resistance level of 1.0500, which is crucial for the trend of the euro. From a technical perspective, the current exchange rate trend remains above the 50-day moving average, which is around 1.04, providing support for bulls. The 50-day moving average is usually regarded as a guide for the medium-term trend. The price can remain above it, indicating that the current market is still bullish. In addition, the 14-day relative strength index (RSI) is currently approaching 60.00. If the RSI further breaks through this level and remains above this area, it may provide stronger upward momentum for EUR/USD. The breakthrough of RSI usually means a change in market sentiment. Breaking through 60.00 means that the bullish force may further increase, pushing the exchange rate upward. In terms of support, the low of 1.0285 on February 10 will be a key support area for EUR/USD. If the price falls below this support level, it may trigger a further correction. It should be noted that the current upward momentum is still relatively limited. If the price continues to consolidate around 1.0500, a sideways pattern may form in the short term. On the other hand, the resistance level of 1.0630 is also very important. This price range is the high point of December 6 last year. If the price breaks through this resistance level, it may mean a larger upside, especially in the upward trend after breaking through the 50-day moving average. On the whole, the current technical side of EUR/USD shows some upside potential, but it still needs more upside momentum to break through the psychological level of 1.0500. If the RSI continues to rise and remains above 60, the possibility of breaking through the key resistance level will increase. On the contrary, if the price falls back below 1.0285, it may re-test the lower support level.
by niwmniwm
EU long possibilities from around 1.04200 back upMy analysis for EU aligns with my other pairs, as I anticipate a pullback to a stronger demand zone before continuing its bullish pro-trend move. Since price recently reacted bearishly from a supply zone, I expect it to open with a bearish move until it reaches my 3-hour POI, where a potential bullish reversal could take place. Once price reaches my area of interest, I will look for signs of accumulation and a slowdown, which would confirm a buy opportunity. If price pushes higher instead, I have a fresh supply zone above the previously mitigated one, which could act as a point of interest for a potential reaction. Confluences for EU Buys: - Price remains bullish, consistently forming higher highs and higher lows. - There is a clean, unmitigated 3-hour demand zone that aligns with my setup. - Liquidity is stacked to the upside, providing targets for the next bullish move. - DXY has been bearish, which supports this bullish EU outlook. P.S. Price action has been clean and structured, and I expect it to move as anticipated toward my marked zones. Stay sharp in these markets, and have a great trading week ahead!
Long
by Hassan_fx
2
EURUSD Buy📉 EURUSD Signal | 1H Timeframe Analysis 📆 Date: February 7, 2025 🔍 Strategy: Breakout and Risk Management ✅ Suggested Position: Buy after pullback confirmation 🎯 Targets: First Target: 1.04016 Second Target: 1.04429 Third Target: 1.04938 🛑 Stop Loss: 1.03083 🔄 Entry Level: Confirmed breakout at 1.03372 ⚠ Key Points: Enter if a pullback to 1.03372 is confirmed. Set stop loss at 1.03083. Apply proper risk management. 📊 Technical Analysis: The previous downtrend has been corrected, and we are in a demand zone. If the key level breaks, an upward move is expected. #Forex #TechnicalAnalysis #EURUSD
Long
by ehsancrypto72
2
EUR/USD Bullish Outlook Following Bat Pattern CompletionThe EUR/USD 1-hour chart displays a completed Bat harmonic pattern, with price reversing near the 0.886 Fibonacci retracement level, suggesting a potential bullish move. Key trade levels include a support zone at 1.02911 and targets at 1.03394 (T1) and 1.03784 (T2). Current consolidation above the pattern's completion point indicates potential continuation to the upside, with confirmation needed via a breakout above the highlighted zone. A stop-loss below 1.02911 is advised to manage risk. A break below this level would invalidate the bullish setup.
Long
by BeaucoupPips
EurUsd trade setup (10 feb)📈 Long Setup at Daily Demand Retest Zone I'm considering a long position as 1.03072 aligns with my daily demand retest zone. This trade follows a fixed stop loss and target, maintaining a risk-to-reward (RR) ratio of 3.5. 🔹 Entry: 1.03148 🔹 Stop Loss: 1.03032 🔹 Target 1: 1.03328 (RR = 1.5) 🔹 Target 2: 1.03557 (RR = 3.5) This setup is based on price reacting to a key demand zone, expecting a potential upside move. Let’s see how it plays out!
Long
by Jimmy_Rebello
EUR.USD Longs from 1.02600My EU long idea is based on the strong bullish pressure seen after price filled last week’s gap. I’ll be looking for buying opportunities once price mitigates my 11-hour demand zone near the bottom. However, I’ll remain cautious since this area has already been mitigated in last week’s forecast. If price pushes higher instead, I expect it to mitigate the 6-hour supply zone, which originated from a Break of Structure (BOS) and was reinforced by a Change of Character (CHOCH). From there, potential short opportunities could arise around 1.03800 for a move back down. Confluences for EU Buys: - EU has been very bullish, making this a pro-trend setup. - The market structure remains strong, forming higher highs and higher lows. - There is significant liquidity to the upside along with well-defined supply zones. - The clean 11-hour demand zone previously caused an impulsive move, making it a strong area of interest. Note: If price breaks below the 11-hour demand zone, I expect EU to turn bearish for a short period. Have a great trading week!
Long
by Hassan_fx
$EURUSD relative strength and the $DXY index Today we are dipping into the currency markets where we are plotting the FX:EURUSD and the TVC:DXY index in the same chart. Even if the TVC:DXY is making a local top @ 108 but the FX:EURUSD is not breaking below the 0.236 Fib retrenchment level. FX:EURUSD has shown great resilience every step of the way recently. This might indicate a local bottom on $EURUSD. If FX:EURUSD bounces back from the 0.236 fib retracement level watch out for the next 0.382 Fib level when the FX:EURUSD hits 1.062. The TVC:DXY is failing to make a new top on the weekly chart. So, with ECONOMICS:USM2 increasing and the supply of USD increasing in the market there might be some weakness in USD in the weeks to come. And if TVC:DXY tops out here and fails then FX:EURUSD will show some bullish trends because 60% of the TVC:DXY index is still in EUR.
Long
by RabishankarBiswal
EUR/USD Precision Trading: Dual-Entry Strategy for Max ProfitEUR/USD Smart Entry Strategy: Dual Entries for Maximum Profit Potential In this setup, I executed a long position on EUR/USD at Entry 1 (1.03602 USD), capitalizing on a well-established support zone and preparing for a potential bullish reversal. To enhance risk management and maximize profit potential, I have also placed a second entry (Entry 2 at 1.03313 USD) in case of a deeper pullback, allowing me to average into the trade at a better price. Key Elements of the Setup: Support & Resistance Analysis: Entry 1 (1.03602 USD): Placed at a weak support zone, where previous price action showed reactions. Entry 2 (1.03313 USD): Positioned near a stronger support level, providing a better risk-reward entry if price dips further before reversing. Stop Loss (1.03035 USD): Positioned below the major support zone, ensuring the trade has room to develop while limiting downside risk. Take Profit Strategy: Take Profit 1 (1.03885 USD): Located just below a resistance level, securing partial gains before potential rejection. Take Profit 2 (1.04141 USD): Aiming for the next major resistance level, maximizing profit potential if bullish momentum continues. Risk Management & Trade Psychology: By using a dual-entry strategy, I minimize the impact of short-term volatility and improve my overall entry price if the market dips further. My stop loss placement ensures that if the trade setup invalidates, I exit with minimal damage while maintaining a solid risk-to-reward ratio. Conclusion: This trade leverages key support zones, a layered entry strategy, and a well-defined risk-reward framework. If the market respects these support levels, I aim to ride the bullish momentum towards both Take Profit targets, securing a high-probability trade with controlled risk. FX:EURUSD FOREXCOM:EURUSD OANDA:EURUSD
Long
by SCALPOO