EUR USD TRADE SET UP EUR USD Bullish Pennants Continuation pattern on the 30mins timeframe
Lets see how this play out
Eurusdlongsetup
EURUSD - Sell scenario ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we have the same scenario as on GOLD, we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block.
Like, comment and subscribe to be in touch with my content!
EUR/USD Longs from 1.07800 back up to 2hr supply or above.This week's bias for EU resembles GU's, but I wouldn't be surprised if EU rises slightly to clear the 2-hour refined supply before dropping to remove the trendline liquidity below. Nevertheless, I anticipate price to eliminate the trendline liquidity and fill the small imbalance just above the demand zone.
During this process, I expect price action to slow down after consuming a significant amount of liquidity, signalling a potential Wyckoff accumulation phase. It's worth noting the presence of an Asian low beneath the demand, which warrants caution. However, I want to emphasize that this is a counter-trend notion, and my overall sentiment for EU remains bearish.
Confluences for EU Buys are as follows:
- Price broke structure to the upside and left a clean 10hr demand zone.
- Still some imbalance that still hasn't been filled as well above my demand POI.
- Market also broke major structure to the upside could indicate a bullish trend.
- there's some liquidity above the recent high that needs to be taken as well.
- Triple touch trendline liquidity that needs to be swept.
- for price to go down it must mitigate a supply higher up like that 12hr.
P.S. Ideally, I'm looking for another rally to trigger price action to clear out the significant pool of liquidity located just below the 12-hour demand zone at the top of the chart. However, I anticipate price to establish a new supply once it descends to take out the trendline. This would allow me to wait for a mid-week pullback to sell down towards the demand.
Have a great trading week and lets catch these PIPS!
EURUSD SELL THEN BUY ??Head and shoulder on keylevel + rejection on supply zone + break of trendline
the market is likely going to drop DXY also wants to go up after the drop it is possible that the price will go up again if we see a reaction on the highlighted zone on a higher time frame the martket formed a double bottom and broke neckline if the bearish scenario occurs the drop will turn the double bottom into an inverse hs which can push eur usd up
alot of economic events coming next week trade safe !!
EURUSD: The USD fell before the PMI data, the Euro and British PThe greenback edged decrease in early European alternate on Thursday, with hazard sentiment buoyed through Nvidia`s sturdy income, at the same time as investors awaited the discharge of enterprise interest surveys. critical for locating clues approximately the fitness of the worldwide economy.
At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling 0.4% decrease at 103.472, down almost 1% yr to date. this factor this week.
Strong income from AI favourite Nvidia (NASDAQ:NVDA) boosted international confidence, ensuing withinside the safe-haven greenback taking a hit, favoring greater cyclical currencies .
The dollar hit a excessive this week, however stays greater than 2% better for the yr, as investors eased competitive bets on a sequence of hobby charge cuts through the Federal Reserve this yr.
Minutes of the Fed's overdue January meeting, launched on Wednesday, confirmed that the financial institution is in no hurry to lessen hobby quotes withinside the close to future. Speeches through numerous Fed officers this week additionally reiterated this hawkish stance, with policymakers bringing up worries approximately difficult inflation.
Attention now turns to the discharge of PMI statistics, weekly unemployment statistics and, greater importantly, production and offerings PMI statistics for February, to gauge the economy's underlying strength.
“Our evaluation and statistics shows the greenback will retain to reinforce over the following couple of weeks - we've a sturdy January center PCE launch on February 29 - after which will reduced in March because of a softer payroll document and softer February CPI numbers.” ,” analysts at ING stated in a note.
Euro location offerings PMI impressed
In Europe, EUR/USD rose 0.5% to 1.0869, with the euro supported through a greater tremendous funding climate.
EURUSD Pair : EURUSD ( Euro / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
Break of Structure
RSI - Divergence
Completed " 1234 " Impulsive Waves
Long Trade Idea / EURUSD / 21st FEB 2024 - I want to see a bullish session targeting PDH.
- I believe this is manipulation under MOP
- London Judas swing.
EURUSD Technical Analysis & Trade IdeaThe EURUSD exhibits a bearish bias on higher timeframes. The weekly chart reveals a clear break of market structure to the downside followed by a retracement. Drilling down to the daily timeframe, the retracement has taken out previous buy stops, further supporting a short bias. A short entry at the current level appears viable, with a stop-loss placed above the recent high and targeting previous lows. This setup presents an intraday or swing trade opportunity.
Important Disclaimer: This analysis offers a technical viewpoint and does not constitute direct financial advice. Before initiating any trades, conduct your own comprehensive research and apply appropriate risk management strategies.
EURUSD Long limit setupEURUSD is finally leaving a bearish trend and trying to becaming bullish. Dollar is strong, but i expect weakness in the next days. I placed a long limit order at support zone at 1.0785 but i am also entering long now, target resistance area at 1.09
EURUSD Potentially BullishFX:EURUSD has broken out of an area of interest, once I see a retest of that zone (1.07900) and it holds as a new found support, I will be going in for a long.
#EURUSD May just have the capacity to hit 1.10374
Do your due diligence
EURUSD H4 TIME FRAME BREAKOUTEurusd is now breakout blue trend line we have best buying opportunity for long term
hold long term holders can trade dont miss this opportuinity for traders or investorts
stay tuned for more updates
EUR/USD struggles at the 4H resistance levelHello traders, EUR/USD managed to stage a recovery after falling to the 1.07 level last week. However, it appears, EUR/USD has run into some hurdles at the dynamic resistance on the 4hour chart. So, if the bearish price action persists and the price continues to struggle at the 1.0790 level, EUR/USD may decline to the 1.07 and 1.670 levels once again.
EURUSD HIGHER CONTEXTHello fellow traders, Im looking for a buy on EURUSD for a higher swing, Im looking for this area to be cleared before it will redistribute in the near future,
This is only my view, this is not a financial advice.
Follow for more.
Higher Timeframe only.
EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
Break of Structure and completed the Retracement
Lower Low - Lower High
Rejection from Resistance Level and Fibonacci Level - 38.20%
EURUSD PRICE ANALYSIS So far so good the trend of this trade on the daily is an uptrend. But price has re-traced with a short bearish for some time now, although this has been the case my bias still hasn't changed for this trade. I've gone long with my SL 1.06742, Tp1 1.10911 and Tp2 1.12494. pls note risk management is important for all trades regardless of how pure a trade may look.
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💰
GBPUSD and EURUSD Resume downtrend?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 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!
EURUSDEUR/USD appears to be exhibiting a bullish trend on the 4-hour timeframe, supported by the formation of a falling wedge pattern. Additionally, a bullish rejection at a key buying zone level suggests potential upward momentum. Traders may consider waiting for confirmation of a breakout above the upper trendline before entering long positions, with risk management measures in place.
EURUSD: The USD remained stable as the market waited for US inflThe US dollar remained steady on Monday, with limited trading activity due to the holiday in major markets in Asia. Investors are awaiting the release of US inflation data, which is expected to play a key role in shaping the Federal Reserve's interest rate decisions. Upcoming US Consumer Price Index (CPI) data for January, scheduled for release on Tuesday, is in particular focus as it could provide insight into when the Fed may consider cutting interest rate.
In currency developments, the euro fell slightly to $1.0778, falling back from a 10-day peak reached early in the trading session. This follows a modest rebound last week following a period of contraction throughout 2024. Fourth-quarter euro zone economic growth data, due on Wednesday, is expected to provide provide additional signals for the direction of the currency.
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💰
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!
EURUSD Swing Buy Trade with a good Reward.
We have a 4 Hour Loop in Upward direction, We have a 4H Source Demand and a Fresh 4H Supply formed as Destination Supply giving us the Demand Supply Equilibrium Curve as follows.
After reacting to the Source Demand Price has started respecting Demands and violating Supply areas. hence this is a New Position with an Amazing reward to Risk ratio.
