Eurusdbuy
📈EURO analysis, Weekly insight into price behavior📉FX:EURUSD
OANDA:EURUSD
Hello Traders, please check out my previous ideas.
Continuing from the previous analytical scenario, if the euro stabilizes above the red zone (crossing the weekly Bollinger midline), the price can climb up to the right shoulder.
In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can fall to around 1.07676.
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EURUSD | Hidden Bullish Divergence | AB=CDEURUSD is currently at a strong support level, and it has tested a highly robust support zone before starting to move upward. Additionally, there is a Hidden Bullish Divergence observed on both the 1-hour and 4-hour timeframes, indicating a potential reversal zone (PRZ). Furthermore, a completed Bullish Harmonic Pattern AB=CD has formed, and this pattern coincides with the PRZ zone.
The EURUSD pair has reached a significant support level and has shown signs of a potential bullish reversal with the presence of Hidden Bullish Divergence on both the 1-hour and 4-hour timeframes. Moreover, the completion of the Bullish Harmonic Pattern AB=CD at the same PRZ zone further reinforces the possibility of an upcoming bullish price movement.
However, it's important to exercise caution and conduct further research and analysis to confirm the validity of these indications before making any trading decisions. Market conditions can change rapidly, so staying informed and considering multiple factors is crucial for successful trading.
EUR/USD 30M Support and Resistance LevelsSupport Level 1 (1.09105):
At 1.09105, we observe the first level of support for the EUR/USD. This level has historically demonstrated its ability to halt downward price movement. Traders are advised to keep a watchful eye on this level, as any price action around 1.09105 could potentially signal a shift towards upward momentum.
Resistance Level 1 (1.10050):
The 1.10050 level serves as the initial resistance for the EUR/USD. A successful breach above this level might suggest a potential bullish breakout, possibly indicating an extension of upward gains. Traders should closely monitor how the price reacts around 1.10050 for potential bullish signals.
Resistance Level 2 (1.10484):
At 1.10484, we encounter a more formidable resistance level. Surpassing this level could signify a stronger bullish move in the near term. However, traders should exercise caution, as historical data indicates that breaching this level has been a challenging endeavor.
Conclusion:
To sum up, an examination of the 30-minute chart of EUR/USD illuminates crucial support and resistance levels that traders should be attentively observing. The support at 1.09105 is pivotal for potential reversals or the continuation of an ongoing trend, while resistance at 1.10050 and 1.10484 provides insights into potential bullish breakouts. It's important to remember that technical analysis serves as a guide, and prudent risk management practices are vital when navigating the dynamic landscape of forex markets. Always approach trading with careful consideration of the associated risks and rewards, as markets can be unpredictable despite the insights gleaned from analysis.
EUR USD LONG Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
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(EURUSD) : HUGE Possibility of Going UpHey guys, I hope you all doing well. For EURUSD, I think there is a good opportunity to buy (Long-Term : up to 1.144) since we had a clear Up-Trend, higher highs and higher lows pattern recently. I also put SL below the last HL cuz I think if the chart breaks the 1.062 there will be no chance to rise again and it will fall all the way down.
May you all be PROFITABLE,
An important swing low has formed on EUR/USDEUR/USD formed a bullish pinbar last week, and Friday's bullish range expansion formed part of a 3-day bullish reversal (morning star pattern). It appears an important swing low formed on Thursday, and any pullback towards Thursday's high will catch our bullish interest.
Prices are flirting with a break below 1.10 ahead of the European open, and perhaps we'll see a bearish spike or two before bullish momentum returns, although prices are holding above the weekly pivot point.
AN initial target is 1.1020, then on to Friday's high.
EURUSD ready for sellEuro has the same conditions as gold. I suggest you see my previous analysis on gold.
In Euro, we see the change of character (CHOCH) and then the breaking of the structure (BOS). So we are in the bearish structure.
we are looking for the best range for sale. The area of 1.1080 to 1.1098 is a suitable area for a sell position and we have a strong block order that I expect will push the price down. Then we will update the analysis to return the price.
EURUSD LONG!!Hey Traders,
We back with new update on EU,
So what we see here is quite clear and determined our view on chart
We expecting more drop on our determined level according to different levels according to it's time-frame,
In higher time-frame we are strongly bearish however in lower-frame we can expect price to have correction and ofc we can have trade counter-trend of weekly,
So we expect bullish move in lower time-frame and then after correction in higher TF we can have trade on bearish trend,
Stay tuned for new updates, we try to keep our community as update as possible,
As always any question comment me bellow,
Wish you all the best
@fxshzd team
Euro/usd long setupafter feds repo rate decision we had seen a fall
Price reacted from MTF demand zone and seen bulls reaction
The low from where the price reacted will be POI to buy again
1.0980 >> to >> 1.104
There is little zone for creating a pullback
And if that pullback sustain and at
(1.1047 - 1.166) we can see further more upward
I'll update accordingly
Happy trading
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