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Eurusdlong

EurUsd- Change of medium term trend?Two days ago, in a short-term analysis of FX:EURUSD , I mentioned that the 1.0790-1.0800 zone is pivotal for a potential reversal in the currency pair. The pair did break above that level and is currently consolidating above it. Now, I find myself wondering whether this marks a reversal in the medium-term trend or simply a correction from the year's selloff. Upon examining the weekly chart, the technicals suggest a potential longer-term reversal. As we are aware, the 1.0730 zone served as a support level. Upon piercing it twice, the pair reversed direction on each occasion, notably marked by pin bars. Additionally, the current reversal bears a striking resemblance to the reversal observed around 1.05 back in October. In conclusion, from a longer-term perspective, there appears to be a significant likelihood of a reversal for EUR/USD, with a target around 1.1, but perhaps more likely at 1.12.
Long
by Mihai_Iacob
1
EURUSD could move closer to the 1.0900 markThe FX:EURUSD could move closer to the 1.0900 mark over the course of the week. EUR/USD saw biggest gain on Tuesday in almost one month (+0.3%). Nothing in the European or US data suggests a directional shift is imminent or justified. Technically, EUR/USD is attempting cross above 200-DMA (1.0827). If it overcomes this hurdle, the bounce could extend towards the high achieved so far in February near 1.0900/1.0915. Right now, there is firm support in the 1.0760/1.0770 zone. The nearest resistance is at 1.0840/1.0850. Guys, what do you think? Leave a comment with your thoughts.
Long
by tradingconmike
1
Long setup: Day Trading Strategy for EURUSD📈💰 Day Trading Strategy for EURUSD 💱 🔥 ICT Long Setup 🔥 Today, let's dive into an exciting day trading strategy for EURUSD! 🚀💹 Here are the key levels and setups to watch out for: 📊📈 ⬆️ Buy Limit Levels: 🎯 1.0803 🎯 1.0797 🎯 1.0730 🎯 Take Profits: TP1: 1.0816 TP2: 1.0824 🔑 Key Level - Resistance: 💪 1.0818 🔑 Key Level - Support: 🛡️ 1.0803 ❌ Stop Loss: 🛑 1.0780 💡 Trading Insights: The ICT Long Setup on EURUSD presents an opportunity for potential gains. The buy limit levels of 1.0803, 1.0797, and 1.0730 serve as entry points to enter the market. By setting take profit levels at 1.0816 and 1.0824, we aim to secure profits if the trade goes in our favor. However, it's important to keep an eye on the key level of resistance at 1.0818, as it may act as a hurdle. On the downside, the key support level at 1.0803 provides a safety net. To manage risk, it's crucial to set a stop loss at 1.0780, ensuring that potential losses are controlled. Remember, always analyze the market carefully and adapt your strategy to changing conditions. Happy trading! 💪💹📈 #EURUSD #DayTrading #ICTStrategy #ForexTrading 🌍💱
Long
by ICT_Trader_SB
EURUSD H4 channel continuous or breakout ?A chart of the EUR/USD currency pair on a 4-hour timeframe. The chart displays a bearish channel pattern. Bearish channel: The price has been trading within a downward-sloping channel for some time, characterized by a resistance line at the top and a support line at the bottom. The price is currently trading at Top of channel pattern, if Breaks the Upside then it start Bullish Sign. However, it is still early to say whether this is a genuine breakout or a false signal. Overall, the chart suggests a potential breakout from a bearish channel, which could be a bullish signal for the EUR/USD pair. Thank you.
Long
by KABHI_FOREX_TRADING
21
EurUsd could rise to 1.09Since the beginning of the year, FX:EURUSD has been in a downtrend, with the single currency dropping more than 400 pips in the past two months. However, after a false break below the horizontal support last week, the pair quickly reversed course and is now once again approaching the important 1.08 zone resistance. Taking into account the false break and yesterday's swift reversal from the well-established support at 1.0733, I anticipate an upward breakout with a target at the 1.09 zone resistance. In conclusion, my preferred strategy is to buy dips, with negation under 1.07.
Long
by Mihai_Iacob
3
EURUSD BUY | Day Trading AnalysisHello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
17
EURUSD I Correction in process to 50% fib of the bearish impulseWelcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
1
EURUSD Day Analysis | BUY SetupHello Traders, here is the full analysis. I think we can soon see more up 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. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
5
EURUSD - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block. Fundamental news: Next week is full of news with impact on USD. On Tuesday we will see results of monthly and yearly CPI on USD. On Thursday we'll have Retail Sales on USD. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD