EURUSD Technical Analysis and Trade IdeaIn this video, we take a close look at the EURUSD currency pair. Right now, it's in a strong bullish trend. However, it seems a bit overextended, and since it's Monday, I'm being cautious. I'm looking for an entry point if the price drops back into the 50-61.8% Fibonacci zone.
In the video, I share my thoughts on price action, market structure, and the trend. Remember, this content is for educational purposes only and is not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies.
Eurusdlong
EURUSD - Trade analysis !!Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from liquidity zone.
Fundamental news: Upcoming week on Thursday (GMT+3) we have Interest Rate on EUR, news with high impact on currency.
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EURUSD READY TO RISE OR SHOULD WE VISIT LOWER AREAS?In previous analyzes we took the various shorts made in recent weeks and with the last missed pending operation I mentioned that from then on I would focus only on buy operations, so here I am!
We are testing the latest support right now, maybe creating a double bottom? if so it could be a good starting point for a long.
At the same time I see a TVC:DXY that is still very strong, which despite the negative news is continuing to rise, but the rate cut could get closer and before that it could visit the highs at 106.40 which would bring the euro to the 1.6000 zone which I think is excellent to buy.
So I leave you with two setups: the first is riskier on a structure that has yet to be completed, while the second is slightly safer.
Be careful, happy trading everyone.
EURUSD → BUY SIGNALDuring yesterday's session, the euro continued to fall to the 1.08050 zone. We can see in the candle wicks how institutional traders were placing buy orders.
The target level remains at 1.08750. Only a drop in price to the buying zone would make us re-enter the market with new orders, taking advantage of a better entry price.
Guys, what do you think? Leave a comment with your thoughts.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD BUY | Idea Trading AnalysisEURUSD is moving under the descending channel
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.
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EURO-STEP-UPEconomic calendar as of 11/07/2024 ( GMT +2:00 Budapest)
(LEFT to RIGHT ) Actual(?) Forecast Previous
14:30 USD Continuing Jobless Claims 1,860K 1,858K
14:30 USD Core CPI (MoM) (Jun) 0.2% 0.2%
14:30 USD Core CPI (YoY) (Jun) 3.4% 3.4%
14:30 USD CPI (MoM) (Jun) 0.1% 0.0%
14:30 USD CPI (YoY) (Jun) 3.1% 3.3%
14:30 USD Initial Jobless Claims 236K 238K
The above mentioned data will determine the next move in EURUSD and CADEUR ( Correleting pair so choose one to trade. EURUSD for those whos likes to have a long position, CADEUR FOR SHORTERS.)
The TWO most important data is Core CPI (MoM) (Jun) - From Februar 12, 2024 we can see that slowly the elevated interest rate enviroment transioning into the real economy thus FED slowly will change the tone about the future interest rate, at this point zou already should have a buyng position, since violent moves wont allowe you to participate at fair price.
EURUSD Bullish Direction Money heist planMy Dear Robbers / Traders,
This is our master plan to Heist EURUSD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
EURUSD pre-NFP projectionEURUSD is on a long term buy profile. We saw price react from the 4H OB and confirmed that with SMT w GBPUSD. Price is reacting bearish from the current level and I strongly believe its headed for the 4H Breaker and FVG before continuing its bullish momentum. Short term idea is to look for sells then buy from the breaker.
THE ONLY SETUP YOU NEED FOR EURUSDMonday is most of the times a boring days to trade, but it's an important day to keep in mind to make a plan. Today is a dangerous trade to operate, and that's why i have two setup in one idea for you. EURUSD will go down, and this is a high probability trade. But today Powell will speech, and this could create volatility. I do not exclude that EU could go higher to squeeze the short. But it can happen for some minutes only. We will go down and the price will reach 1.074, probably this week. Here i have planned to enter long, because price will reverse. R:R will be better in the long trade, but i will DCA the short today
EURUSD: in a positive stateEURUSD: The EUR is still in a positive rising state and it is expected that in today's session, the prospect of an increase is still very high with the possibility of breaking through the 1.0820 threshold and reaching a higher target area above the 1.0900 area in the context of The USD is increasingly weakening. You can consider maintaining the buying position with EURUSD today.
EURUSD - Daily Hammer Candle looks tempting I took a long already - looks solid at a significant level too.
This is not a trade recommendation, it is just my analysis.
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 in your trades.
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EURUSD again finding support at our trendlinesIdea No : 11
9 out of 10 previous ideas were successful with 1 still running, let's talk about 11th
these trendlines looks very solid for this pair and probability is very high that we see a rebound from here again
this is a short term setup and could give results soon
EURUSD → The target is 1.08000In yesterday's session we had a drop in the price of the euro to the level of 1.07100, which we took advantage of to add new buy orders.
A few hours ago the price retested the 1.7500 level, but has not managed to break it. The target remains at the 1.08000 level. If the euro falls again, we will take advantage of it to add new buy orders.
Guys, what do you think? Leave a comment with your thoughts.
GAP CLOSED, WHAT'S NEXT?The short on EURUSD got perfectly closed as I was expecting and we made enough profit (honestly I was expecting the price to go up more and add more shorts, but it's ok). Now the chart looks bullish for the short term, but we will probably see a slow price action this days. I have a short term target for a buy at 1.085, but the main view is still bearish. So, the plan is to hold the long for a scalp and wait for a short entry (if the structure doesn't change)
EURUSD Buyas in my previous analysis lastly i have told that EURUSD will go buy if the pair break counter trend line and we have seen that the pair have broken the trend line and we have enjoyed the upper rally yesterday and today as the market had opened Gap Up we were waiting for the pair to reach to our POI and the pair has reached there the Gap is filled market is going upwards price action also gives the confirmation and on support its double bottom too so we are long here
EURUSD Analysis===>>RR=2.41EURUSD managed to break the Resistance line and Resistance zone($1.0734_$1.0716) with the help of the Breakaway Gap . ( Of course, now the resistance zone has turned into a support zone ).
According to the Elliott wave theory , EURUSD has successfully completed wave 3 and is currently completing wave 4 .
I expect the EURUSD to rise to at least the Resistance zone($1.0806_$1.0780) .
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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EURUSD → BUY SIGNALRight now we are in a good zone to enter the market with buy orders.
All the important news data yesterday in the american session were worse than expected, but despite this, the price continued to decline to the 1.07000 level. Our target is the return to the 1.07500 zone, and if the price remains strong, 1.07750.
Guys, what do you think? Leave a comment with your thoughts.
EUR/USD Rebounds in Sideways Area, Concludes Flat Trading WeekAs forecasted, the EUR/USD pair rebounded within its sideways range on Friday, wrapping up a week of flat trading. Traders found little reason to push the pair meaningfully in either direction. The week saw German import prices and labor figures broadly missing expectations, while the US Personal Consumption Expenditure (PCE) Price Index inflation printed at forecast without sparking significant movement.
German Unemployment Change data showed a higher-than-expected increase, with 19,000 more consumers added to unemployment figures in June, exceeding the forecast of 15,000 but still below the previous month's 25,000. The German Unemployment Rate also edged higher to 6.0%, compared to the forecasted hold at 5.9%.
Our technical analysis remains bullish as long as the price stays within the upper side of the sideways rectangle. Currently, the price has rebounded from the 78.6% Fibonacci retracement level of the lowest major swing and has formed a triple bottom pattern. This suggests a potential continuation of the upward trend.
We will continue to monitor the economic conditions to determine future moves once the price approaches the upper boundary of the sideways range. For now, the technical indicators support a bullish outlook, anticipating further gains within the current trading range.
Initial Idea
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