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Eurusdlongsetup

EURUSD pulls back from the highs, uptrend to continue?As predicted in my previous idea, EURUSD rose from 1.0850 to 1.1050 level from where it pulled back. Price moved exactly as predicted, check previous idea below for reference. Currently, EURUSD is hovering around the dynamic support level in the 4Hour time frame and also at the ascending trend line that I have highlighted in my chart. If price stays above the key zone( highlighted with an ellipse) in my chart, EURUSD can continue the uptrend. Long entries between 1.0890-1.09 with SL below 1.0850 and TP at 1.1050 would be valid. Keep in mind that my long-term bias for EURUSD is bearish . If price reaches the 1.1050 level again, I would be looking to sell with 1.05 as my long-term TP.
by YourLazyTrader
13
EURUSD: Buyer's entry!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️ In the second quarter, our team predicts a significant decrease in core US inflation, mainly due to the impact of lower natural gas prices and China's economic recovery. This development has led to an upward revision in global growth, which is beneficial for the euro currency. Additionally, a more aggressive stance by the European Central Bank could lead to an increase in yield differentials, resulting in a rise in the EUR/USD exchange rate. Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
EURUSD: Buyer's outlook!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ According to our prediction, there will be a 25 basis point rate increase in May and another 25 basis point rate increase in June. This will result in the ECB's Deposit Rate reaching its highest point at 3.50%. Presently, the market pricing indicates a policy rate peak of approximately 3.09%, which seems insufficient in comparison to our expectations. Our optimistic forecast for the ECB policy is a crucial factor in our expectation of the Euro's medium-term dominance over the USD. Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
EURUSD POTENTIAL SHORT FORMATION IN PROGRESSWe have been looking at this pair since the end of Feb. We have been waiting for the price to form a strong bullish pullback. This is opposite to the overall bigger time frame trend, which remains largely bearish. How the price is currently setup has given us the potential to trade in the direction of the bigger time frame bearish trend which will give us a good risk reward trading opportunity. We have listed two reasons for the potential end of the bullish bull back below: 1: Trendline breakout 2: Rising wedge breakout. We are still waiting for two more reasons below to form before we can start looking for entries. These reasons have been listed below: 1:Break out of the key level which signals a change from bullish to bearish market structure. 2: Retest of key level.
Short
by NDOBObanks
Bullish Bias on EUR/USD: 4-Hour CHoCHEUR/USD has experienced a change in character on the 4-hour timeframe, indicating a potential pullback down for further continuation up, suggesting a shift in bias to the upside. The price has recently exhibited a bullish sentiment, and traders may now be looking for buying opportunities in anticipation of an upward move. On the 4-hour chart, the market has shown signs of strength, with higher highs and higher lows forming, suggesting a potential uptrend. The recent change in character, which indicates a potential pullback down, could be seen as a buying opportunity for traders looking to capitalize on the bullish momentum. Traders may be watching for a pullback or a retest of a key support level or potential buys once the market changes character in the smaller timeframe at the 50-78% retracement zone of this newfound swing to the upside. on the 4-hour timeframe. This could be a potential entry point for a long position, with a stop-loss order placed below the recent swing low to manage risk. The target for this trade could be towards the previous swing high or a resistance level, indicating a potential upward move. It is important to consider other factors such as market conditions, news events, and overall trend direction to confirm the bullish bias. Traders should also use proper risk management techniques, such as setting appropriate stop-loss levels and managing position size, to protect against potential losses. As always, monitoring the price action and being flexible with the trading plan is essential. Traders should be prepared for potential market reversals or unexpected price movements and adjust their strategies accordingly. In summary, the 4-hour timeframe on EUR/USD has exhibited a change in character, indicating a potential pullback down for further continuation up, suggesting a bullish bias. Traders may be looking for buying opportunities, with proper risk management in place, in anticipation of an upward move. Monitoring the price action and considering other market factors can help traders make informed trading decisions Yesterday's sells; Today anticipation move; Possible play for today and tomorrow before the news; Wave pattern for this trend;
Long
by Dion-FX
3
20 Reason for sell EURUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: bullish trend also filled corrective wave 2:📆Monthly: after a valid low price goes to a corrective back formaatting a builduo here in favor of bulls 3:📅Weekly: choch done also make support with proper lower high low 😇7 Dimension Analysis 🟢 Analysis Time Frame: Daily 1 Price Structure: The price structure indicates a bullish trend; however, it was unable to break the last high, which suggests weakness. Additionally, there was a correction at the last Overbought (OB) point. 2 Pattern Candle Chart: The chart shows a double top pattern and an inside candle pattern breakout. 3 Volume: Bullish momentum was backed by massive volume, but a correction is expected. 4 Momentum UNCONVENTIONAL Rsi: The resistance at 60 suggests a range shift from bullish to sideways. 5 Volatility Measure Bollinger Bands: The BB shows a double top pattern. 6 Strength ADX: The strength is unclear. 7 Sentiment ROC: This week, the USD is stronger than the JPY. ✔️ Entry Time Frame: H1 Entry TF Structure: The entry TF structure indicates a bearish trend. Entry Move: The move is impulsive. Support Resistance Base: Mid-move resistance. FIB: The trigger event has been executed. ☑️ Final Comments: Initiate a sell at the opening high. 💡Decision: Sell. 🚀Entry: 1.0898. ✋Stop Loss: 1.094. 🎯Take Profit: 1.0788. 😊Risk-to-Reward Ratio: 1:3. 🕛 Expected Duration: 1 day,
Short
by Optimum369
EURUSD - Expect bearish price action ✅ Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here I expect bearish price action as we can see that price took all buy stop liquidity. Also, we can see a huge divergence which indicates bearish price action. Fundamental analysis: As per last week results on NFP & Unemployment we can see a strength of USD which can support our move.Also, we have news events on USD on Wednesday 12th of April, will be released monthly and yearly CPI followed by a FOMC Meeting the same day. As well, on Thursday will be released monthly PPI in USA. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
EURUSD: Further ECB tightening - BUYGreetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ It is anticipated that the ECB will increase its Deposit Rate by 25 basis points in May and then again in June, resulting in a peak rate of 3.50% for this cycle. Despite the current market pricing indicating a maximum policy rate of approximately 3.09%, we believe that this is too low based on our expectations for a more aggressive ECB policy outlook. This prediction is a significant element in our projection for the Euro to exhibit medium-term resilience against the USD. Note: Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
6
EURUSD BuyThe EUR/USD pair has sensed support after dropping to near the round-level support of 1.0900 in the early Asian session. The major currency pair has attempted a recovery after falling to near 1.0900 as the tight United States labor market has cooled down further after US Employment data released by Automatic Data Processing (ADP) missed estimates. As per the released data, the US economy added 145K jobs in March, significantly lower than the estimates of 200K and the former release of 242K. Firms have slowed down their hiring process amid rising interest rates by the Federal Reserve (Fed) and a bleak economic outlook. A slowdown in the recruitment process after the release of weak Job Openings data indicates that the US labor market has started cooling off and chances are solid of an escalation in the Unemployment Rate ahead. EURUSD long term trend is still bullish. However, currently on the h1 chart, the price is in a correction. Today, it is possible that this pair will continue to return to the 1.0880 area and then reverse to increase again. Recommended to wait to buy to 1.0880, SL: 1.0840, TP: 1.0960
Long
by VTmarkets
EurUsd -> Time To BreakHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that EurUsd just recently perfectly retested and already rejected a quite obvious previous weekly support zone which was turned resistance exactly at the 1.087 area. You can also see that we are about to retest the zone once again, generally speaking the more often we retest a zone the higher the likelyhood that we will eventually break it so I am now just waiting for a break of the resistance and a retest and then I do expect more continaution towards the upside. On the daily timeframe you can also see that we are retesting previous daily resistance so I am now just waiting for a break and retest of the zone and some bullish confirmation to then capitalize on the next impulse towards the upside. Thank you for watching and I will see you tomorrow!
Long
by basictradingtv
44
EURUSD BuyThe EURUSD pair shows new positive trades to surpass 1.0900 barrier and settles above it, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting for more rise to head towards our next target at 1.1032. The EMA50 continues to support the suggested bullish wave, waiting to get positive momentum that assists to push the price to head towards the expected target, to continue suggesting the bullish trend in the upcoming sessions unless breaking 1.0880 and holding below it. EURUSD h1 price is in an uptrend. In the short term, it is possible that the pair will accumulate sideways in the 1.0930-1.0970 zone and then break up. Recommend waiting to buy to 1.0930, SL: 1.0880, TP: 1.1000
Long
by VTmarkets
1
4/4 EURUSD Trading Strategy From the 1D chart of EURUSD, we can see a pattern resembling a U-shaped bottom, with three bottoms around 1.05. Currently, it has reached the phase resistance level, but the pattern is not yet complete. The strong resistance level should be around 1.098-1.1. It is not difficult to see from the 30m chart that there is support around 1.091-1.088, and 1.086 is a strong support level. Therefore, the trading strategy should be to long at the tested support level.
Long
by EagleEyeStrategy
1