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Eurusdbuy

EURUSD, DOLLAR FALLING??This is a EURO / DOLLAR chart, We are currently neutral in-terms direction bias for this week. Non-Farm Payroll definitely will be the influential factor to our setup. Setup Breakdown : WEEKLY Price is in the Discount in terms of the weekly range and we have seen the first bullish candlestick in the last 5-6 months. Note : The Premium - Discount zones further left. Price in the weekly has traded into the Bullish Orderblock and the 2 weeks ago low has been taken out, hence the bullish candlestick for last week's trading. DAILY We have a Swing Low After or during a Turtle Soup. Accumulation and price trading down to a weekly PD Array + taking out stops, makes it more possible to see a AMD Trade . two large down candles = Orderblock from the weekly, we measured half of the two last down candles and we identified a CE. Below that we have a Balanced Priced Range/ Bullish FVG. Price inefficiency (notice the latest continuous up candles, well they have created a price inefficiency, Price needs balance. [Hence our speculation of the EU shorting towards our Bullish/ Daily Discount Arrays We looking to trade towards the Balanced Price Range (BRP) which is inside the Orderblock SETUP Expectations Bullish conditions Price seeks a PD Array to take out the Buy side liquidity laying above, trading to the Weekly Bearish Orderblock . Thus confirming our AMD The BRP / +OB / +FVG are our Points of interest, we look to initiate the longs there, just switch to a 15 Minutes or and look for a valid entry between London Killzone / New York Killzone. There's a high possibility that this is a NFP Setup We now operating as Proff_InvestsZA, which is actively throughout our social media incase you have questions you wanna ask. DISCLAIMER : Before using this Tradingview account setups, please make sure that you note the following important information: Do Your Own Research (DYOR) Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. No Investment Advice Our Tradingview account is a financial data and news portal, discussion forum and content aggregator. Circle Forex Institution (Proff InvestsZA) is not a broker/dealer, we are not an investment advisor, we have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. We are not regulated by the Financial Services Authority. We are an educational forum for analysing, learning & discussing general and generic information related to stocks, investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. We do not provide personalised recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
by Prof_Invests_ZA
EUR/USD Long IdeaHello Traders! D1: The trend switch to bearish and we just have an impulse. I'm expecting a correction from price because it change the character of the movement breaking a supply point. H4: The trend is already bullish (advantage for correction D1) and price is reaching the demand zones, both of them having liquidity pools. On lower timeframes I'm looking for bullish structures (higher highs) on H4 demand and after first retracement on origin, I will look to buy. For easy understanding of bullish structure on lower timeframes just take the examples of the lines that I draw. Good luck and risk wisely!
Long
by BogdanUng
EURUSD,🟢Will buy-side liquidity be taken?🟢(Details on caption)By examining the EURUSD daily chart, we can figure out that the price reached the bullish order block and had a bullish reaction and we can see the FVG which failed, and the daily candle closed above it so it now plays as a support for us. In addition, the price formed a liquidity pool below the bearish order block, so we can expect the price to move higher to collect the liquidity above the previous high and hit the bearish order block. I should mention that I am bullish on the EURUSD daily chart till one daily candle CLOSE below the inversion. We can define targets as follows: 1.0806 1.0818 1.0845 💡Wait for the update! 🗓️19/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1
Alikze → #EURUSD | X-wave correction for the downtrendThe Euro-Dollar currency pair is moving in a descending channel, which is currently moving according to the corrective structure of a three-wave. Two current paths to continue its reform path can be imagined. An upward movement in the form of an X wave will continue its correction along the way to the previous floor. ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
by UnknownUnicorn7266498
EURUSD H1 / POSSIBLE SCENARIO FOR LIQUIDITY H1 CLOSE 📈Hello Traders! This is my idea related to EURUSD H1. I expect a small retracement until we will go to close that liquidity gap. I expect a reaction from that OB, and if confirmed, I will look for a long entry. Also, I expect the DXY very weak next week, that's why I will look for a long entry (if confirmed, I will look only for long entries). Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
by GoodTradeST
EUR/USD Displays Resilience Amidst Market FluctuationsIn a turn of events, the EUR/USD pair rebounded during the latter half of Thursday's European session, recuperating from its earlier dip to 1.0780, the lowest level since December 13. Closing on a positive note, the pair currently maintains its position above the 1.0880 area as the near-term outlook suggests a bullish trend. The intriguing dynamics in play are further heightened by the imminent release of key economic indicators, notably the Non-Farm Employment Change, Average Hourly Earnings (m/m), and the Unemployment Rate, set to unfold today. The strategic analysis points toward a potential pullback before definitively breaching the dynamic resistance of the range channel, setting the stage for a robust upward trajectory towards our target point. The US Dollar, however, found itself on shaky ground during Thursday's American session. This was attributed to declining US Treasury bond yields, spurred by lackluster employment-related data releases. Notably, Weekly Initial Jobless Claims rose to 224,000, marking the highest figure since early November. The ISM Manufacturing PMI survey further contributed to the Dollar's decline as the Employment Index dropped to 47.1 in January from 47.5 in December. As the market eagerly awaits the Nonfarm Payrolls (NFP) report, expectations are set at a forecasted rise of 180,000. During the post-meeting press conference on Wednesday, Federal Reserve Chairman Jerome Powell hinted at potential rate cuts sooner than anticipated if unexpected weakening in the labor market occurs. An NFP reading below 150,000 may reignite expectations for a rate cut in March, resulting in continued weakness for the USD against its counterparts. Conversely, a figure exceeding 200,000 could delay the policy pivot to May, potentially triggering a rebound for the USD in the American session. According to the CME FedWatch Tool, the probability of a 25 bps rate cut in March currently stands at 37.5%, while it reaches 60% for May, reflecting the market's anticipation of potential shifts in the Federal Reserve's monetary policy. Our Preference: Following the previous analysis, we have adjusted the stop loss to 1.07200. We anticipate a pullback to around 1.08500 or above, with the expectation of further upward movement.
Long
by FOREXN1
2
Stuck in Limbo: A Leap to 1.15 or a Slide to 1.05 on the Cards? The EURUSD has been stuck in a range between 1.05 and 1.10 for around a year now. We're left wondering: could we see a breakout towards 1.15, or will it drop back to the bottom of the range at 1.05? What happens as the price dips below 1.08 could be crucial. Take a peek at the daily chart below. It shows us inching back down to an untested weekly BUY/DEMAND zone. This is where we last saw the price climb above 1.11 before it sharply dropped back within the 1.10 range. As the price makes its way back to this BUY/DEMAND zone, the selling momentum isn't all that fierce. Each time the price dips, buyers are quick to jump in. This might be hinting that big players are quietly building buy positions, possibly to break past 1.10 and head up to the 1.15 Monthly SUPPLY/SELL zone. Or they could just be waiting for this weeks news events?? My plan is to wait for the price to fall into the buy zone below 1.08, then look for a BUY signal on my TRFX indicator on timeframes above 6 hours. The first target for this position is the 1.10 area. I'll be keeping an eye on the momentum as we near 1.10. If it's strong, it might indicate buyers are targeting a move above the 1.11 high. However, if there's a clear break and close under 1.07, this idea won't hold, and the price will likely move back down to the bottom of the range at 1.05, which could also present buying opportunities. With the FOMC and NFP events coming up, these could be the catalysts for these moves. That's my view on it – hope you found it useful.
Long
by TheFxAce
7