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Eurusdbuy

EUR/USD Potential Rebound – Short-Term Buy Opportunity?Analysis & Description: The EUR/USD pair has experienced a strong bearish move, pushing the price down to a key support zone near the lower Bollinger Band. A potential bounce-back scenario is forming, as indicated by the setup. Key Observations: ✅ Bollinger Band Support: Price touched the lower band, suggesting a possible short-term reversal. ✅ Recovery Setup: The chart outlines a bullish recovery with a target around 1.04128 - 1.04169. ✅ Risk-Reward Setup: Stop-loss positioned below the recent low to manage risk effectively. Trading Plan: 📈 Bullish Scenario: A successful hold of the support zone could lead to a move toward 1.04169, marking a possible short-term bullish opportunity. ⚠️ Bearish Risk: If the price breaks below the recent low, the bullish idea could be invalidated, leading to further downside. Final Thought: EUR/USD might see a temporary relief rally after the recent drop. A cautious long entry near support could be an opportunity, but traders must manage risk carefully! 🚀📊
Long
by NexusTradesZone
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
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 EhsanZeydabadi
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