EURUSD IDEA FOR LONG So today i took a sell on a EURUSD and took a loss 1.1%,my entry was at 1.09761,but this pair is in overall bullish trend so i will now look for a buy as my 0.618 fib zone alignes with 0.9250,wish everybody happy and stress free trading,be free to share your thoughts in comments.
Eurusddaily
EURUSD 1.09931 -0.48 % DAILY CHAT BREAK DOWN FOR THE WEEKHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE EURO DOLLAR IN THE COMING WEEK.
EUR/USD CLOSED LAST WEEK WITH SOME STRONG MOMENTUM TOWARDS THE DOWNSIDE SIGNALLING SOME MOMENTUM SHIFT TOWARDS THE DOWNSIDE.
* We have swept previous week high and TAPPED INTO THAT TINY FVG.
* Took buy side liquidity but did not tap into the bearish OB above so possible room to push higher .
* Looking for bearish set-ups on the euro this week.
- Targeting all the liquidity left on the down side.
- Tap in to the OB
* If we break below and close under the OB
- TARGET would be the FVG & LIQUIDITY that is unmitigated before continuing to the upside.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
EUR-USD - Why I am Short on this - FULL SETUPEUR-USD is in an important phase, from here it can return above the resistance and go up to 1.11 - 1.12 or it can continue below the resistance from 1.10 and reach 1.090 where it is an important support.
If it will be broken, I have a SHORT order at 1,089 with take profit at 1,068.
The important thing is to close the day under the 1,090 resistance.
Also , look at the RSI, its over bought from many long time, so the demand will be lower if the price will grow after 1.11.
Go long on EURUSD, this will enable you to profit from it
In the 30-minute chart, there is currently a pullback after an uptrend, while in the 2-hour chart, there are clear bullish signals and the MACD indicator is about to form a golden cross, presenting a great opportunity to go long.
Yesterday, I shared these ideas with my friends , who were the first to see my strategies. In addition, I also have trading strategies for Bitcoin, gold, crude oil, GBPUSD, and USDCNY, all of which are medium-term strategies and excellent for those who prefer to trade on a medium-term basis.
Of course, if you prefer to trade quickly, you can still find trading opportunities from the charts.
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Long EURUSD, target 1.10-1.113
EUR/USD is currently near the resistance level. Today, we need to pay attention to the support near 1.088 and the resistance near 1.094.
Judging from the current situation, today's strategy will be based on low long positions. I will tell you when to trade. Stay tuned.
I will release more strategies later, including OIL, gold, GBPUSD, BTC, etc. If you are trading, you can follow me, if you have any questions, you can tell me, and I will help you answer them
Revolutionary Insights into the EURUSD Bull MarketThe EURUSD currency pair has maintained a bullish trend on the daily chart despite multiple rejections at various supply zones. The price action is still above the 50-SMA and 200-SMA, indicating a bullish trend. However, the pair shows bearish reversal signals on the daily timeframe with a down candle close below the 2nd supply zone, and it's uncertain whether the price will pull back to the anticipated demand zone.
The 4-hour chart shows signs of weakness, with the RSI displaying divergence, while the 1-hour chart indicates a gradual fading of bullish pressure. The 50-SMA on both charts may act as support for the bullish trend. Two targets have been set at 1.03989 and 1.01158, respectively, with the first demand zone at 1.06824.
High-impact news for the US Dollar is expected to affect the currency pair. The key takeaway is to keep an eye on the 50-SMA and 200-SMA as indicators of the bullish trend and be prepared for potential changes in the trend if the price breaks support levels.
20 Reason for sell EURUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: bullish trend also filled corrective wave
2:📆Monthly: after a valid low price goes to a corrective back
formaatting a builduo here in favor of bulls
3:📅Weekly: choch done also make support with proper lower high low
😇7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure indicates a bullish trend; however, it was unable to break the last high, which suggests weakness. Additionally, there was a correction at the last Overbought (OB) point.
2 Pattern Candle Chart: The chart shows a double top pattern and an inside candle pattern breakout.
3 Volume: Bullish momentum was backed by massive volume, but a correction is expected.
4 Momentum UNCONVENTIONAL Rsi: The resistance at 60 suggests a range shift from bullish to sideways.
5 Volatility Measure Bollinger Bands: The BB shows a double top pattern.
6 Strength ADX: The strength is unclear.
7 Sentiment ROC: This week, the USD is stronger than the JPY.
✔️ Entry Time Frame: H1
Entry TF Structure: The entry TF structure indicates a bearish trend.
Entry Move: The move is impulsive.
Support Resistance Base: Mid-move resistance.
FIB: The trigger event has been executed.
☑️ Final Comments: Initiate a sell at the opening high.
💡Decision: Sell.
🚀Entry: 1.0898.
✋Stop Loss: 1.094.
🎯Take Profit: 1.0788.
😊Risk-to-Reward Ratio: 1:3.
🕛 Expected Duration: 1 day,
300+ percent return with EURTRY vs simple EURUSDDo you find the spread cost of trading the euro against the Turkish lira worthwhile? With this kind of crazy return of over 300% in the last five years, you'd probably say no. So how did you miss this type of trade? And we all focus on the simple euro against the U.S. dollar trade EUR/USD on Oanda.
Anticipate High Volatility This Week with EURUSD pairThe EURUSD currency pair is showing a lack of momentum to the upside, with the possibility of a pullback to gauge potential uptrend continuation.
Price rejection at the supply zone of 1.09114 and price closing below 1.08424 suggest trading back to the first demand zones.
A double-top reversal pattern is also forming on the 4-hour chart, with price trading near the 200-SMA on the 1-hour chart.
The coming week may not result in high volatility but expected high-impact news may cause the US dollar to be volatile.
EURUSD bulish trend continuationThe Eur is showing some significant bullish momentum, currently trading within an uptrend in the intraday tf. Buy a single above 1.0830 and anticipate momentum towards 1.0880 and 1.0900, respectively. Alternatively, a retest of 1.0500 will follow if 1.0800 breaks. Apply risk management in line with price action
EURUSD Daily: 28/03/2023: Bear or what?
As you can see, the price had a bearish reaction on the EURUSD chart after touching the bearish order block.
For now, we can expect more fall till the liquidity pool.
If you have questions, feel free to ask.
💡Wait for the update!
🗓️28/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Eur/Usd: A sell-side trade for now. Hello traders.
I have executed a sell side trade in Euro/ Dollar pair. This will possibly turn out to be a short term trade.
As you can see, I've marked the areas clearly with several crosses signifying liquidity and order blocks sitting at those marked zones.
The Euro/Dollar pair will grab and mitigate these zones before any move.
The second reason for executing this trade is the Market shift which I've again marked for myself to see the reactions after the shift.
The fair value gap has been created and now I've opened my short position from a discounted range. I can also see some sort of trend line liquidity which has formed.
20 Reasons BUY EURUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: bullish trend also filled corrective wave
2:📆Monthly: after a valid low price goes to a corrective back
formaatting a builduo here in favor of bulls
3:📅Weekly: choch done also make support with proper lower high low
4:🕛Daily: bullish structure here stating an impulsive move
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: record session count and correction done
7: 3 Volume: bullish volume is in power
8: 4 Momentum UNCONVENTIONAL Rsi: protected 40 areas also bullish formation here long consolidation
9: 5 Volatility measure Bollinger bands: walking on the band and middle band support
10: 6 Strength ADX: sharp bear dmi up, but bulls are still in power
11: 7 Sentiment ROC: eur stronge
✔️ Entry Time Frame: h1
12: Entry TF Structure: right now is bearish, but based on sentiments and bigger tf, we are seeking buy entries only
13: entry move: impulsive
14: Support resistance base: h4 d1
15: FIB: trigger event done
☑️ final comments: test entry. If it confirms, add 2nd entry at the upper side breakout
16: 💡decision: buy
17: 🚀Entry: 1.07609
18: ✋Stop losel:1.0773
19: 🎯Take profit:1.089
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 2 days
EUR-USD - SHORT POSITIONOn the 4h chart we have this descending, bearish trend that is indirectly connected to the 15min chart where we have an upward trend line that can be a bear flag and if it is broken we can enter sell in the area mentioned in the chart with stop loss and take profit .
#FreeSignal because I make my #money from #trading.
EUR/USD Continues to Climb, Testing 7-Week HighsOn Thursday, EUR/USD remained strongly bullish and showed no signs of slowing down. The pair managed to hit fresh 7-week highs, testing the 1.0930 level. This consistent upward trend can be attributed to the persistent selling pressure on the US dollar, which resulted in the USD Index (DXY) hitting multi-week lows, falling below the 102.00 level earlier in the day. The dovish hike by the Fed during its Wednesday meeting, coupled with Chair Powell's downbeat message at his press conference following the rate hike, also contributed to the pair's upward momentum.
The European Commission will release the flash EMU Consumer Confidence for the current month, which will likely have an impact on the euro's performance. In the US, weekly Claims, Chicago Fed National Activity Index, and New Home Sales are expected to be released.
The EUR/USD pair's optimistic outlook remains intact, and it looks to consolidate its recent strong rebound past the 1.0900 resistance level. The pair's immediate target is the 2023 high near 1.1030. The pair's future price action will be largely dependent on the US dollar's movement and the European Central Bank's potential next moves, considering the current context dominated by elevated inflation, although amidst dwindling recession risks for the time being.
EURUSD ROAD TO 1.16 AND BEYOND!The EURUSD IS LOOKING PROMISING!
Many positive economic data and a recovery in its economy has been surrounding the EURUSD lately. As US has attempted to drag the EURUSD down with its rapid increase in interest rates the EURUSD has had a strong recovery as well.
On september the EURUSD was at a price of $0.99 for the first time since 2002! IT WAS A NO BRAINER BUY IF YOU SAW IT AT THOSE PRICES!!!
Here are other factors that are influencing on its rise:
Strong economic data: The Eurozone has recently seen positive economic data. This suggests that the Eurozone economy is recovering from the previous economic attack, which may support the value of the euro.
Interest rate differentials: The European Central Bank (ECB) has kept interest rates low, while the US Federal Reserve has been alarmingly increasing interest rates. This could make the euro relatively more attractive compared to the US dollar, as investors seek higher returns on their investments.
Weakness in the US dollar: The US dollar has weakened against other major currencies recently, in part due to concerns about rising inflation and the potential for the Federal Reserve to raise interest rates more. This has made the euro relatively more valuable in comparison.
Have a nice day!
EURUSD: Buy at low levels
On the 30-minute chart, we can see that the recent lows have been steadily rising, indicating an upward bias in the trend. On the 1-hour chart, the current market is near support (which was previously a resistance level, but was broken through yesterday and has now become a support level). As long as there is no significant break below this level, buying at these low levels is possible.
The target reference point is the previous high, with a potential break above targeting around 1.08. Support below is at 1.065-1.063.