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Eurusdoutlook

EURUSD 1H TIMEFRAME ANALYSIS | SELL MEAL IS READY WHAT YOU THINKHello, everyone! I hope you’re all doing well and ready to dive into today’s trading opportunities. I’m excited to share my analysis on EURUSD and discuss a potential setup that I believe could be quite rewarding for us. As we assess the current market landscape, it’s clear that eurusd has recently grabbed all buy-side liquidity. This movement indicates a potential shift in market sentiment and opens the door to bearish momentum. With this in mind, I’m considering a short position on eurusd, with my entry point at 1.11800. Here’s my detailed outlook: Market Analysis: The price action we’ve seen suggests that buyers have exhausted their strength. With liquidity being tapped out, we’re now likely to see sellers take control, pushing prices lower. Historical patterns and current trends support this bearish outlook, making it an opportune moment to capitalize on potential downward movement. Target Levels: For this trade, my first target is set at 1.11450, and I’m aiming for further downside to around 1.11150. These levels have shown significant support in the past, and I anticipate they will be crucial in this trading session. Risk Management: To protect our investment, I’m implementing a stop loss at 1.12200. This provides us with a comfortable 30-pip buffer, allowing for some market fluctuation while safeguarding our capital. It’s essential to have a clear risk management strategy in place, especially in volatile markets like eurusd. Trade Execution: I encourage everyone to analyze this setup based on your own strategies and risk tolerance. Always ensure that your trade aligns with your overall trading plan. If you’re considering this trade, I recommend staying vigilant and watching for confirmation signals before entering. Community Engagement: I want to take a moment to express my heartfelt gratitude for the incredible support and engagement you’ve shown for my ideas. Your feedback not only motivates me but also enriches our community. If you have insights, alternative perspectives, or questions about this setup—or if there’s anything else on your mind—please share in the comments! I’m eager to discuss and learn from all of you. Looking Ahead: As we navigate today’s trading session, let’s remain focused and adaptable. The markets can change rapidly, and being prepared to adjust our strategies is key to success. Remember, trading is not just about making profits; it’s also about continuous learning and growth as traders. Thank you all once again for being such a fantastic community! Together, let’s make the most of today’s trading opportunities. Here’s to a successful day ahead—let’s aim for those profits! 🚀💰✨ Happy trading, everyone!
Short
by HouseofProfit
Bullish Outlook for EUR/USD Next WeekNext week presents a strong bullish opportunity for EUR/USD, especially for long-term longs. While we may experience a short-term pullback, I expect the Euro to spike down early in the week before rallying on Wednesday, driven by the anticipated Fed rate cuts on the Dollar. My entry point will be around the 1.10236 demand zone, where I will look to open long positions. With a bearish outlook on the U.S. Dollar. The Euro is poised for a potential bull market. (Take profit levels can be set higher based on your own analysis. My targets are for reference only—always trust your own strategy and avoid relying on others.)
Long
by abuannas
1
EURUSD Technical Analysis and Trade Idea👀👉 The EURUSD has broken key support levels across multiple timeframes, suggesting a continuation of the current bearish trend and potential further downside pressure. Technical Overview The pair is forming a bearish structure with lower highs and lows on the daily and 4-hour charts, signaling more bearish momentum that could drive the price toward previous lows. Trading Strategy I'm waiting for a retracement to the 50-61.8% Fibonacci zone, which often attracts price in trending markets. If the PPI data today strengthens the USD, this could offer a good entry point for a short trade, in line with the bearish outlook. Risk Management While the setup looks promising, it's important to wait for confirmation before entering. Look for bearish candlestick patterns or a rejection at key resistance levels within the Fibonacci zone to minimize risk. Market Structure Sellers are currently in control, and any rallies are met with selling pressure, pointing to a possible further downside if support levels continue to break. Always do your own research and manage risk carefully. Never trade more than you can afford to lose. 📉✅
by fxtraderanthony
EUR/USD Faces Reversal After NFP: A Sell-on-Rallies StrategyAfter dropping near the 1.1 support level, EUR/USD began recovering its losses and successfully reclaimed the 1.11 resistance level. However, after testing the 1.1150 resistance (which previously acted as support during the top formation), the release of the Non-Farm Payrolls (NFP) data triggered a strong reversal, pushing the pair back below the 1.11 support level. As of now, the price stands at 1.1080, and there is a high likelihood of further downside movement. In my view, selling on rallies presents the best strategy for this pair. The first target is the support at 1.1, but as said, the pair could even drop to 1.0920 zone
Short
by Mihai_Iacob
EURUSDIk neem nog een keer een long entree op EU. De vorige was op BE gesloten maar ik denk dat we nog een laatste push omhoog krijgen voordat we verder naar beneden gaan. Al ligt dat natuurlijk ook aan de cijfers die aankomende woensdag uitkomen zoals de rente verlaging. EU blijft ook sterk terug komen op de entree prijs wat een teken is van kracht. ------ I'm taking another long entry on EU. The previous one was closed on BE but I think we'll get one last push up before we go further down. Although that also depends on the figures that will be released next Wednesday, such as the interest rate cut. EU also keeps coming back strongly on the entry price, which is a sign of strength.
Long
by Ghost-Feed
EURUSD week 37 analysis🌐Fundamental Analysis EUR/USD gave up intraday gains and slipped below 1.1100 after hitting a fresh weekly high of 1.1150 during Friday's North American session. The broad currency pair's gains were offset by a solid recovery in the US Dollar (USD). The US Dollar Index (DXY), which tracks the greenback against six major currencies, rose to near 101.40 after reversing intraday losses. Signs of slowing labour demand have fuelled market expectations that the Federal Reserve (Fed) could start cutting interest rates aggressively. The ECB is widely expected to cut interest rates again at its September meeting. The central bank started the policy easing process in June but left its key lending rate unchanged in July. In the final quarter of the year, traders remained divided on whether the ECB would cut at its November or December meeting, or both. 📊Technical Analysis The bounce and high of 1.115 has created a new bearish channel for EURUSD. On the 4-hour time frame, the two EMAs have come together, indicating that the bullish momentum is not as strong as last week and that a trend reversal is in order. The narrow price range that the pair formed last week at 1.113 and 1.101 is widening as a break from the narrow range could see the pair reach last month's high around 1.119 and on the upside, the support at 1.095 will keep the pair in the long-term bullish channel. Support: 1.101-1.095 Resistance: 1.115-1.119 🕯Trading Signals SELL EURUSD zone 1.119-1.121 Stoploss 1.123 BUY EURUSD zone 1.095-1.093 Stoploss 1.091
by TVS-Trader
EUR/USD Longs to short idea from 1.10500 My analysis for EU is similar to GU. Currently, the price is very close to a 3-hour demand zone where I will be looking for buying opportunities. Once the price enters this zone, I will wait for distribution before targeting the nearest supply zone for a potential sell. When the price reaches that supply zone, I will consider entering sells, as there's a similar setup in GU from last week's NFP. However, my ultimate target is the extreme supply zone at the 10-hour level. Confluences for EU Buys: - The price has created a clean demand zone that caused a change of character (CHOCH). - In the short-term trend, there's substantial liquidity to the upside for price to take. - This setup aligns with the DXY (Dollar Index). - Price has filled in an imbalance as well. Note: I am more inclined to take these buys since the demand has caused a CHOCH on the higher time frame. Have a great trading week, and don't forget about the upcoming CPI data!
by Hassan_fx
EurUsd- Buy dips for 1.12 retestIn my last EUR/USD commentary, I mentioned that the pair could reach 1.11. That target was not only met but exceeded, with a top at 1.12. The pair is currently in a normal corrective phase, and once this correction ends, EUR/USD could resume its upward movement. My strategy is to buy on dips near the 1.10 level, with the potential for a 1:3 risk-to-reward ratio depending on the stop-loss placement. Shorter-term traders could also consider the 1.11 level as a point to take profits.
Long
by Mihai_Iacob
2
EURUSD - Monthly Timeframe (The Bigger Picture) It’s crucial to step back and look at the bigger picture, especially when analyzing the EURUSD. EURUSD, the most traded currency pair worldwide, has seen relatively small price movements in 2023 and 2024 compared to previous years. In the attached chart, I’ve highlighted the full price range for these two years—and the data speaks for itself. The market has been trading in a very tight range, showcasing how slow things have been overall. With 12 years of trading experience, I’ve noticed this significant slowdown has affected swing trading strategies. While lower timeframes have seen some nice movements, the broader market has been quiet, primarily moving around major news events. As a result, veteran traders, including myself, who focus on risk management and avoid trading during big news events, have felt the impact. That said, I believe this could change soon, especially as we approach the US presidential election. Stay tuned! #ForexTrading #EURUSD #MarketAnalysis #TechnicalAnalysis #TradingInsights #ForexStrategy #FinancialMarkets #RiskManagement #SwingTrading #Eltaajir #PuraVita
by eltaajir
EURUSD Will be in bearish direction after Breaking ChannelHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EUR/USD Longs from daily level of demand 1.10000My analysis for this week aligns well with both DXY and GBP/USD, as the dollar is approaching a major supply level. When the price reaches that supply zone, I expect EUR/USD (EU) to mitigate its daily supply, potentially forming a Wyckoff accumulation pattern. Once this pattern is completed, I plan to look for buying opportunities, potentially holding positions at an intraday level. If the price retraces upward before mitigating the demand, I will consider selling from the supply zones I've marked, which are near the current price. Specifically, I will watch the 7-hour and 10-hour supply zones for potential short-term sell setups. Confluences for EU buy opportunities include: - The higher time frame trend is bullish, with a recent break of structure to the upside. - A daily demand zone has been established, which also caused a break of structure to the upside. - There is significant liquidity to the upside, including untouched Asian session highs. - This trade setup aligns with the higher time frame trend, making it a pro-trend trade idea. P.S. As it is NFP week, be cautious of increased volatility due to economic news later in the week. Stay vigilant and TRADE SAFELY!
Long
by Hassan_fx
EUR/USD Ahead of PCE Price Index NumbersEurope’s single currency is poised to end the week on the back foot versus its US counterpart and snap a two-week bullish phase. As of writing, the currency pair is down by -0.9%. 50-Month SMA Resistance Starting from the monthly chart, the 50-month simple moving average (SMA) at US$1.1109 currently offers dynamic resistance, a line situated just south of resistance at US$1.1233. Together, this area could prove difficult to overcome. Should bulls eventually manoeuvre beyond the said area, nevertheless, and explore territory beyond the US$1.1276 peak (July 2023), this would be noteworthy and signal the beginnings of a longer-term uptrend for the pair. Scope to Continue Southbound Leaving resistance at US$1.1214 unchallenged, price action on the daily timeframe dethroned support at US$1.1127 (now marked resistance) and has opened the floor for further underperformance to support coming in at US$1.1019. This is joined by a channel resistance-turned-support line taken from the high of US$1.0916, as well as 38.2% and 61.8% Fibonacci retracement ratios at US$1.1040 and US$1.1005, respectively. Overall, the trend is higher on the daily timeframe and the recent correction may be viewed as a dip-buying opportunity, particularly at support between US$1.1005 and US$1.1040. H1 Resistance Above US$1.11 Ahead of the PCE Price Index release, we can see price action flirting with space south of the US$1.11 handle. Big figures are widely watched and traded numbers. Therefore, given that the trend is to the downside in the short term and the room seen to continue lower on the daily timeframe, a test of US$1.11 as resistance would be logical. Still, given resistance situated above US$1.11 between US$1.1113 and US$1.1111 (1.272% Fibonacci projection ratio), a whipsaw north of US$1.11 could also be seen (red arrows).
Short
by FPMarkets
EURUSD Technical Analysis and Trade Idea👀 👉 The EURUSD currency pair is currently displaying signs of price extension as it approaches a key support level. This technical setup suggests the possibility of a corrective move. Our strategy is focused on identifying trading opportunities, particularly if upcoming data releases affecting the EUR and USD are favorable later today. This analysis should be viewed in the broader macroeconomic context. The recent interest rate hike by the Bank of Japan has introduced significant volatility into global financial markets. Consequently, traders should be prepared for sustained elevated volatility, which could significantly influence price movements and risk management strategies. The convergence of these technical and fundamental factors presents a compelling trading scenario. However, it's essential to emphasise the importance of stringent risk management. Traders are strongly advised to conduct thorough independent research and carefully evaluate their risk tolerance before making any trading decisions. Please note: This analysis is provided for educational and informational purposes only and should not be construed as financial advice or a specific recommendation to execute any trade. 📊✅
by fxtraderanthony
EUR/USD Trade Idea Update: Full Take Profit AchievedFollowing the break below the Sunday open, the Asian session continued to drive the price downward, successfully hitting our full take-profit target. Key liquidity levels were taken after the pair ranged for two days, providing an ideal setup for our short position. The break of structure signaled a strong entry point, aligning with the rebalancing of price action after Friday’s speech from Powell. Key Levels: • Liquidity Taken: After consolidating between 1.1145 and 1.1185, the pair broke lower, clearing liquidity. • Entry Point: Positioned after the break of structure near 1.1150. • Take Profit Level: Achieved around 1.1100, capitalizing on the continued bearish trend. Congratulations to all who capitalized on this move! Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
by AR33_
3