EURUSD: IT'S NO GUESS WORRK. INNITmonday is always a slow day and more like a trade continua day of friday's move. i dont know if that makes sense.
But i been watching price waiting to light my gas and fire! and here's it!!
Eurusdlong
#eurusd #elliottwave long buy setup wave y 23Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
EURUSD Will be in bearish direction after Breaking ChannelHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Will we soon see a bullish EURUSD?You could say that my argument is far fetched (and I would not argue that), but hear me out please!!
Weekly chart
Note that the green zone has held as support for the most part. The 20sma is quite far above price, will price revert to the mean? This pair has tried to break below the zone for several weeks recently, but failed.
Daily chart (above)
We can see a double top around 1.1189 where the bears gained control. There also could be a double bottom at 1.0343, maybe.. Look at the relatively large bearish candle 3 days ago, it does show a lot of power and momentum behind the bears. But where did all that power go? I don't see any momentum in the next 2 days with the bears, actually maybe the bulls are trying to take over. The quick recovery of price from the big bearish move looks like what many traders call a false break. Is it that? time will tell.
H4 chart
You can now see that price has been consolidating for the past few days (yellow box) and this does look like accumulation of orders. The bears did try to push through strongly but failed. In fact a lower high was formed when the bulls succeeded to break above that structure with some strength (BOS at 1.04122).
I realize that this happened on a Friday and during the holiday period when volume is low and reading price action at these times is less reliable.
But I do believe that if you are still trading, then paying very close attention to EURUSD could be beneficial. Watch other pairs too to see if the USD is getting weaker.
Merry Christmas, happy holidays and have a great 2025
This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
EURUSD is in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Rising from the Ashes: EURO's Path to RecoveryGood day traders,
Trust we all profited from the FOMC report of yesterday.
Please take a moment to go through my outlook and expectation on Euro in the coming weeks into the new year.
Overview
EUR/USD appears to be rebounding after a sharp decline triggered by yesterday's FOMC report, where the FED delivered a hawkish 25bps cut, which drove higher market-driven borrowing costs, a stronger dollar and a sharp drop in stocks. From the start of the week EURUSD had previously been consolidating, during which weak buyers (traders) were caught off guard by a false breakout to the upside, reaching a weekly high of 1.05342 on Tuesday.
Idea
The subsequent sell-off drove the pair to a four-week low of 1.03439, just above the November 22nd low of 1.03324. This drop aligns with a key Fibonacci reversal pattern under Elliott Wave theory, suggesting the potential for a significant rally. If this pattern holds, EUR/USD could gain approximately 400 pips (1.08150) in the coming weeks, with the recovery likely extending into the new year.
Conclusion
The recent low is expected to act as a firm support level, and a breach of the November low appears unlikely. This anticipated rally could mark the beginning of a period of recovery and optimism for the euro.
Cheers! Merry Christmas and Happy New Year in advance.
EUR/USD Analysis – December 19, 2024EUR/USD Analysis – December 19, 2024
Overview:
Today, let’s focus on EUR/USD. The price recently retested its demand zone at 1.03611, where it experienced a strong rejection from the downside. Following this, the price has begun to climb upward, indicating a potential bullish move.
Trade Idea:
Potential Long Entry: Around 1.03611, where the demand zone lies.
Target: The price could rise to 1.04628, which corresponds to the previous supply zone.
Risk Management:
Use a proper risk-to-reward ratio to manage your trade.
Ensure there is clear confirmation (e.g., bullish momentum, strong candles, or other signals) before entering a position.
Important Notes:
Do Your Own Analysis: While this setup suggests a potential upward move, don’t follow it blindly. Always analyze the market conditions yourself before taking a trade.
Risk Awareness: Protecting your capital is more important than making quick profits. Avoid impulsive trading and use stop-loss orders to mitigate risk.
Trading Is Reactive, Not Predictive: Respond to what the price action shows you rather than forcing trades based on expectations.
EURUSD - LONG WAY FROM HOMETeam, we have been very successful trading EURUSD,
We are humble and hope it continuing our succcess.
We are looking to enter small portion long for EURUSD at 1.04865-1.04886
Add extra at 1.04657-1.04682
OUR STOP LOSS at 1.04225
Target 1 at 1.05115-1.05150
Target 2 at 1.05200-1.52226
Target 3 at 1.05268-1.05305
NOTE: once it hit our first target, ensure take partial and bring stop loss to BE.
EUR/USD: Poised for a Reversal?On November 23, FOREXCOM:EURUSD broke below the critical 1.05 support zone, reaching a low of 1.0336. However, the pair quickly reversed course and has since been trading in a range between 1.0450 and 1.06.
A closer look at the price action suggests the pair has established a strong floor and is awaiting a catalyst for an upward reversal.
That catalyst could very well come today, with the anticipated Federal Reserve rate cut and subsequent press conference. Given the accumulated market tension, an accelerated move to the upside seems likely.
Key Levels to Watch :
Support: Any dips below 1.05 should be viewed as buying opportunities, with the potential for a rebound.
Resistance: A target around 1.0750 appears realistic in the current context.
Invalidation Level: If the price falls back below 1.04, this bullish scenario would be negated.
EURUSD - M30- ORDERFLOW FILLED he Eurozone economy would need to show steady signs of recovery to prevent EUR/USD from collapsing below 1.0390 in the year's second half.
EURUSD BUY | Idea Trading AnalysisEURUSD is moving in an UPWARD channel.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
DROP , BASE , RALLY Pattern DROP , BASE , RALLY pattern is my most favorite pattern to identify on charts and take trades accordingly.
Simple explanation of this pattern is that '' price drops to a certain level and then starts accumulation or form base level with bit of liquidity hunt to the down side. Bullish rally begins after the liquidity hunt and formation of strong base.
In this pattern we can take several trades by managing risk with the stop loss at previous low or high.
This Pattern can be identify in any financial market with the accuracy of above 80%. (personal point of view on experience)
Not a financial advice, trade on your own risk. Only for educational purpose.
Regards:
Javed ali nagri
EURUSD - YOU DONE IT AGAINTeam, we have been very lucky and fortunate with EURUSD many trades,
We are entering LONG at 104830-50
ADD more at 1.04625-60 ranges
STOP LOSS at 1.04350 - may extend to 1.04215
Target 1 at 1.04925-65 - book some partial and bring stop loss to BE or 1.4885
Target 2 at 1.05085-1.05115
Target 3 at 1.05226-1.05275
Scenario on EURUSD 11.12.24In this analysis, I think there are two possible scenarios and that is a long set up if we stay above the price range around 1.06100-1.06400, but if we do not break through this price range, then I would rather focus on some short set up, we will see the situation is not very visible at the moment.
EURUSD BUY | Idea Trading AnalysisEURUSD is moving on support zone
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
#EURUSD 1HEURUSD 1-Hour Analysis
The EURUSD pair has broken out of a downtrend channel resistance on the 1-hour chart, signaling a potential shift in momentum to the upside. This breakout indicates bullish strength and presents an opportunity for buying as the price may continue to rise toward higher resistance levels.
Technical Outlook:
Pattern: Downtrend Channel Resistance Breakout
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Enter a buy position after confirming the breakout with bullish price action signals, such as a retest of the broken resistance line acting as support or the formation of higher highs and higher lows.
Traders should monitor indicators like RSI for overbought conditions or MACD for confirmation of bullish momentum. Employ proper risk management with stop-loss orders placed below the breakout or retest level, and set profit targets at key resistance zones above.
EUR/USD Chart and Future Price target analysis 1. Highest open interest (OI) for Call option with high volume indicates higher probability of price.
2. Movement in that direction in the near future.
3. CME Vol & OI data as of 12.15.2024, 5 PM.
4. 10,600 strike price has the highest Put option OI.
5. Both high Put and Call OI at the 10,600 strike price with high volume.
6. 10,600 considered a strong price level.
7. Option expiry for January 2025.
Total of 3 Resistance along ( OB, OP, FIB and Bottom Strong 3rd Deviation )
#EURUSD 1DAYEURUSD Daily Analysis
The EURUSD pair is forming a falling wedge pattern on the daily chart, which typically signals a potential bullish reversal. The price is currently consolidating within the wedge, and a breakout above the resistance line would indicate a shift in momentum to the upside, offering a strong buy opportunity.
Technical Outlook:
Pattern: Falling Wedge
Forecast: Buy ( More Buy Opportunity upon Resistance Breakout)
Entry Strategy: Enter a buy position after the price breaks above the wedge's resistance line and confirms the breakout with bullish price action, such as a strong close above the resistance or a retest of the breakout level.
Traders should monitor supporting indicators like RSI for oversold conditions or MACD for a bullish crossover. Risk management is essential, with stop-loss orders placed below recent lows and profit targets set at key resistance levels above the wedge.
EURUSD Will be in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD - HEADING NORTH ON RECOVERYTeam, last 2-3 days, we have been successfully doing well on the EURUSD, long position
Yesterday was a roller-coaster day; we got 3 times rewards. all target hit
Today, we are entry-long at
Time to go long Eurusd at 1.04700-30 - STOP LOSS at 104385
Target 1 - 1.04800-30
Target 2 - 1.04950-65
Target 3 - 1.05115-45
Once it hits the first target, take some partial and bring stop loss to BE
Note: There will be a sideways effect for EURUSD before it goes up! Three times it has been fast up and down. When I enter the office, I will draw a chart of what we expect from them.
#EURUSD 1HEURUSD 1-Hour Analysis
The EURUSD pair is trading within a downtrend channel on the 1-hour chart and is approaching a key support area near the lower boundary of the channel. This support zone presents a potential buy opportunity as it may act as a reversal point for a short-term bullish move.
Technical Outlook:
Pattern: Downtrend Channel and Support
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Consider entering a buy position near the channel's support line, confirming with bullish price action signals such as a bullish engulfing candlestick or a bounce from the support level.
Traders should ensure proper risk management by placing stop-loss orders below the support level to account for potential breakdowns. Profit targets can be set at the midline or upper boundary of the channel for optimal returns.
EUR - Long - Re-entry2 setups.
T1: 1.0595 (4 hour) > 2.5:1
T2: 1.082 (close - daily chart). > 3.5:1
Stop at 1.047 or 1.042
