EURUSD - 4H - Bullish Flag - Long PositionIn this chart we have spotted a bullish flag on a 4 H time frame. so we put entry, tp & Sl levels accordingly. No Divergence spotted so far.
Eurusdlong
EUR USD TRADE SETUP Currently looking for sell confirmation from the resistance level.
Plan B
If the price breaks above the resistance level it will potentially become a support level only then we will look for Buy confirmations.
EURUSD, APRIL 8, 2024 - LONGThis is a 15min internal structure where liquidity has to be taken to fulfill the 4hour pullback. Price has just taken out inducement at 1.08233 and this has created a liquidity below the 1.08403 zone where I am looking to sell for a short term, clearing liquidity and expecting price to to drop to the 1.08147 or 1.08054 zone and create a confirmation entry. Whichever holds out of these two zones, my major target will be the 4hour 1.08673 zone where I will also be looking for a confirmation entry to go short in clearing the 15min external liquidity.
EURUSD Take profit is comingI am pretty happy about my last long setup on EURUSD. My entry point was perfect and it's basically a no drawdown entry. I am holding my long with stoploss at break even and waiting for the take profits, that should come later this week
eurusd long EUR/USD managed to erase a portion of its daily losses after falling below 1.0800 with the immediate reaction to the US jobs report, which showed an increase of 303,000 in Nonfarm Payrolls in March.
EUR/USD erased its daily gains and closed flat on Thursday after climbing to its highest level since March 21 above 1.0870. The pair fluctuates in a tight channel below 1.0850 in the early European session on Friday as investors gear up for the US labor market data.
Hawkish comments from Federal Reserve (Fed) officials and the negative shift seen in risk mood helped the US Dollar (USD) stage a rebound in the American session on Thursday.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. confirm signal eurusd
EURUSD UpdateThis is an update on the EURUSD analysis I shared last week with you guys, I was anticipating to see EURUSD trade higher to then trade lower and take sellside liquidity BUT now having seen how the WEEKLY time frame of both the EUR and the DXY are, I'm convinced we should anticipate buys to see buyside (The high Marked As A Weak High) liquidity taken, We would do good to anticipate buying on the rejection of the weekly which is aligned with a bullish daily Order block.
EURUSD next target above 1.1000 level**Monthly Chart**
EURUSD monthly timeframe shows the price is in a narrow range between 1.0700 and 1.1000 which needs to break on either side.
**Weekly Chart**
The price movements looks very clear when you move into a weekly timeframe, although the market is moving in a range. There is a ring high formation as of 25Dec2023 weekly candle, which tested the monthly high and liquidity pool around the MC candle of July 2023 before pushing lower. Currently, the price tested the pin bar of 12Feb 2023, grabbed liquidity, and started moving higher. The next target is expected to be above 1.1000 level.
**Daily Chart**
This week EURUSD moved lower only to grab liquidity after testing 0.886Fib level in the demand zone and pushed the price higher, suggesting a continuation of the bullish trend. Next target will be above 1.10500 level. NFP numbers yesterday (05.04.2024) were unable to push EURUSD lower, although the numbers came good for USD. US Work force adds 303K jobs in March - far more than expected. That's why I am aware of the fundamentals but I follow the technical as it tells the bigger story.
EURUSD Looking for a swingEURUSD Is going up in the near future. The trend is clear to me. I was looking for the best level to enter long, and 1.079 is the perfect place for me to open a swing long. My target is the resistance area at 1.092
EurUsd treads in a Gray area preceding April NFP 📌What a Trading day.. a Continuation followed by a sharp selloff. The continuation was called out here at ShrewdCatFx and the Selloff was punishment to late buyers I suppose. NFP data tomorrow will likely take us for a ride as It typically does.. Direction? I'm leaning for more upside despite our weak Daily candle closure today. Why? I like the optimistic remarks by the fed this week and the market ate it up. Yes we've pulled back dramatically leading into NFP data tomorrow but the weekly candle is still bullish and US30 stock index is at a nice support level(after pulling back all week), suggesting a Risk-on Friday.
4hr timeframe, wild week with dramatic selloff to begin followed by massive move up with USD data and speech
Daily timeframe, Buyers rejected as the Thursday Daily candle closes a shooting star candle that coincides with a Daily resistance level 1.08372!
The Weekly timeframe, price is respecting 1.07652 so far this week but we still have NFP which could cause a lot of volatility
Monthly Range!
+120 Pips profit booked in EUR/USD, more uptrend ahead?Hello trader, our previous idea yesterday about buying EUR/USD@1.0730 zone
was super hit as price went up more than 120 pips from the lows. (We have linked
the previous idea below for you to cross check)
Currently, price is well above the 1.0720 support zone. So, we can say that the
support zone is unbroken. In fact, price has also moved marginally above the
100-day EMA level which is a bullish sign
The next resistance lies at 1.0990 level . I expect price to reach that level within
a couple of weeks. My recommended strategy is to buy the dips in EURUSD
EURUSD - SHORT - APRIL 04, 2024In this analysis of the EURUSD on the 1-hour timeframe, I'm observing how the price behaves around the 1.08500 supply zone. My intention is to confirm a potential short-term selling opportunity as a countertrend move towards the next demand zone at 1.07838. Once this short-term move plays out, I'll be looking for confirmation on a possible long position from that demand zone. It's important to note that the market operates in a fractal nature, meaning that we can only anticipate the next moves as they unfold. Therefore, we'll need to monitor the situation closely to see how it develops.
Fomo Liquidity Pullback 🤐Anticipating a pullback with London session to clear Fomo liquidity. Depending on the amount, we may observe a pullback to 1.07435 4hr Resistance zone. If the market is extra stubborn then we may see a more sustained pullback to 1.075 area. Manufacturing data during NY session today surprised to the upside and beat the forecast creating a dramatic selloff on EurUsd. Not surprised for us here at ShrewdCatFx since we have been outlining the Market sentiment surrounding USD with hot labor market and increasing inflation readings last month of March. Good manufacturing data was just gasoline on the already hot USD. On another note, it's the beginning of the week still.. it's pretty early in the week and we've already observed some great volatility.. I believe we may observe some rversion to the mean for EurUsd and London will cause some pullback volatility to gather liquidity and plus it's only Monday. We still have ADP and NFP which will be a good excuse for more volatility.. so in the meantime we may mess around and range or pullback.. if not then I may be wrong and our next 4hr zone 1.07265 and 1.07105 are our next short targets for the upcoming sessions which has USD job openings news which is forecasted to decrease slightly across the previous data point which lines up with some at least short term EUR strength.. safe trading
Is the EUR/USD downtrend over?Technically, EUR/USD has formed a BULLISH BAT harmonic pattern in the four-hour period, and according to the candles formed on the chart, there is a possibility that the price will increase to the 50% Fibo resistance in the range of 1.0853.
EURUSD Long on supportEURUSD hits important support zone at 1.07250. It's a weekly and daily support zone and i expect a reversal here, with a take profits at resistance zone 1.076
EURUSD LONG Daily TFEURUSD LONG Daily TF
Daily TF:
4H TF:
1H TF:
Trade to be initiated only when price closes above Blue Sloping TL. Otherwise, Trade should not be initiated. THe pattern formed is deformed Inverse H&S found in Daily TF.
Stop Loss should be 25 to 30 pips after initiating the trade or 5 pips below round figure of 1.07
EURUSD LONG Entry above 1.0800 to target 1.0935EURUSD LONG
Daily TF:
1H TF :
When EURUSD closes above 1.0800 and above the blue sloping TL (inner TL), then an entry can be initiated to target 1.0935
If EURUSD doesnt break the blue sloping TL (inner TL), then trade should not be initiated
EURUSD BUYGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
Half of the movement has already passed, and now I’m waiting for the break to the level of 1.07 and from there I’ll start working from the long position. This week we will have important news on the labor market, because it was the labor market that Powell pointed out at the last meeting and said that if it decreases, we can begin to reduce the rate. Therefore, I believe that this week will be a culmination
Target: 1.09000
EURUSD ANALYSISThis is my anticipation on the EURUSD, our daily time frame recently broke structure to the downside, we would then do good to anticipate a pullback after the expansion BUT before we can anticipate that pullback, we need to see or have a confirmation in price on a time frame lower than the daily which will confirm our bias for the bullish pullback, as showed in my analysis, I wanna see price trading lower first to take the sellside liquidity first before we can begin the pullback, should price continue trading lower and not give us any confirmation for a pullback, we're not gonna engage, we simply let it go for this particular week, the same applies for when price just pulls back without first taking the sellside liquidity.
My Analysis for EURUSD - LONGAs per my analysis EURUSD should be hitting my said target in net 6 to 8 days and thereafter will further proceed rest of the analysis for the same.
EUR-USD - WEEKLY - Head & Shoulders Weekly TF.
LH and LL + Descending triangle + Head&Shoulders pattern..
EURUSD - BUY SIGNALEUR/USD holds a very narrow range in the low 1.0800s.
Bargain hunters are still likely to look at dips to near 1.0800 as a buying opportunity for now.
Short-term trend dynamics are neutral while the daily and weekly DMIs still lean, if only moderately, EUR-bullish. That should limit downside pressure on spot in the near term at least.
Resistance is 1.0865/1.0875
Guys, what do you think? Leave a comment with your thoughts.
EURUSD - LONG - MARCH 28, 2024EURUSD has broken structure on the 1hr timeframe which will cause a pullback. But then, the supply zone which it has tap into could make it pullback to a potential demand zone. This demand zone at 1.09000 seems to be that it will attract price to it cause of the liquidity that is resting below it. At this point lets keep our fingers crossed and follow price action.
