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EURUSD Long Term Buy Trading IdeaHello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD 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 ForexPlanet20
2
EURUSD 4H begins a sharp correctionEURUSD Hello, The EUR/USD pair begins today's trading with additional positivity, breaching the resistance of the descending channel and trying to hold above it. If the direction stabilized under 1.0619 it will touch 1.0572 then 1.0539 then 1.0504 if the direction reversed above 1.0619 and closed it will touch 1.0658,1.0698 then 1.0738 Pivot Price: 1.0619 resistance line: 1.0658,1.0698 ,1.0738 support line: 1.0572 ,1.0539,1.0504 The general trend expected for today: bullish timeframe:4H
Long
by Evar_Mayi
Bullish in the short term.Resistance Level 2: 1.0700 Resistance Level 1: 1.0650 Spot price: 1.0605 Support bit 1: 1.0560 Support bit 2: 1.0500 Yesterday on Tuesday (October 10), the euro rose 0.32% against the US dollar to US$1.06; the US dollar index =USD, which measures the US dollar against six other currencies, fell by about 0.15% to 105.79, which is far lower than the 11-month high set last week. High 107.34. Atlanta Fed President Bostic's latest remarks said the Fed does not need to raise interest rates further. Bostic told the American Bankers Association that the Fed's policies are already restrictive enough, and he also believes there will be no recession in the future and that the Fed's interest rate hikes will lead to an economic slowdown and lower inflation. The comments were made in part in response to the Israeli-Gaza conflict. Continued bloodshed in the Middle East and dovish comments from Federal Reserve officials have dragged U.S. Treasury yields sharply lower. The benchmark 10-year Treasury yield fell to an intraday low of 4.618% on Tuesday from a high of 4.887% on Monday. The market seems to be filled with expectations that the Federal Reserve will stop its interest rate hike cycle. In this market atmosphere, EUR/USD also took the opportunity to continue its recent rebound trend. On the daily chart, the exchange rate has crossed the middle track of the Bollinger Bands channel, and technical indicators have begun to rise, indicating that the euro's rebound potential is gradually gathering. However, due to the release of US inflation data this week, long-term euro trading is expected to be cautious. At the top, we should mainly pay attention to the suppression of the strong resistance level of 1.0650. If it can be broken through, the upward trend is expected to become obvious.
Long
by Zenobia-Harte
1
EURUSD 4H : Above 1.0625 will be uptrendEURUSD New forecast The price perfectly fulfills my last idea and we get about + 45 pip . The EUR/USD pair was able to reach resistance, coinciding with the appearance of clear overbought signals appearing, which may push the price to resume the main downward trend again, but we have chances to overcome the current resistance and then begin an upward correction in the immediate and short term. Therefore, the conflict between technical factors makes us prefer to remain neutral until we get a clearer signal for the next direction, noting that the breach of 1.0625 will lead the price to conduct an upward correction, the first target of which is at 1.0655 and 1.0690, while breaking 1.0555 will put pressure on the price to decline again and head towards... About 1.0450 initially. The expect range trading for today it will be between the resistance line 1.0625 and support line 1.0550. Additionally ,Today News will affect the market . support line : 1.0550 , 1.0496 resistance line : 1.0616 , 1.0655 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
by Arazmajeed
EUR/USD, DXY in focus for FOMC mins, PPI, Fed speakersWe have a busy claendar today for forex traders, with US producer prices data, FOMC minutes and several Fed members set to speak. Clearly this lineup has the potential for some larger moves on the US dollar, and that helps explain why the 1-day implied volatilty level for EUR/USD is nearly 200% of its 20-day average. What’s grabed our attention is that DXY has retraced for five days yet is holdig above the January high / September 29 low. And that this coicides with a euro rally that has paused beneath resistance, it suggests the USD may be nearing an inflection point. For EUR/USD to roll over form current levels, weak PPI data, dovish comments and minutes may be required. But traders should keep an eye on bond yields, because if they continue to fall it could further weigh on the US dollar and helpd EUR/USD braeak above the resitance cluster. However it plays out, bulsl and bears have clear levels to monitor for their setups.
by CityIndex
Euro Currency Forecast for the Upcoming WeekLast week, the Euro (EUR) fell below its yearly low 2023 for the first time in several months, and retrace back breaking through the bearish premium discount trend during the NFP news release. This suggests that a retracement may be imminent. As seasonal tendency also align that there is potential retracement in Euro and Dxy I am currently monitoring the 1.05024 how it going through trade below. However, I will exercise caution in the upcoming week and limit my trading to intra-scalping, avoiding any swing positions. I remain convinced that the EUR has room for further downside movement, particularly towards the monthly fair value gap at 1.03930. I am also closely monitoring the emergence of a bearish weekly fair gap, which could act as resistance. If it does indeed provide resistance, I anticipate a downward movement, especially if the weekly premium discount array holds. A significant break in the daily timeframe's market structure would be required for me to consider a bullish stance or switched my gear on the EUR. In summary: The EUR is expected to continue its downward trend in the upcoming week. Trading will be limited to intra-scalping to exercise caution. The EUR has room for further downside movement, particularly towards the monthly fair value gap at 1.03930. A bearish weekly fair gap could emerge and act as resistance. Long positions on the EUR will be avoided until a significant change in the daily timeframe's market structure is observed.
by Crypto_Byte9
EurUsd at crossroadsSince the recent top from mid-July, EurUsd dropped 800 pips, counting from top to bottom. Recently, the pair found support shy under 1.05 and today, we are already in the 5th consecutive green day. Looking at the chart we can see that the pair is at a crossroads at this moment and anything could happen. On one hand, the trend is still bearish and under important confluence resistance given by the falling trend line and the horizontal resistance from 1.0630 On the other hand, a break above this level should lead to a deeper correction towards 1.08 The best approach is to wait and see for either a break up, or a reversal candle from this level.
by Mihai_Iacob
18
EURUSD Long Term Buy Trading IdeaHello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD 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 ForexPlanet20
EURUSD - Short after filling the imbalance ✅Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are still bearish, so I am looking for a short position. I want price to continue the retracement to take out buy side liquidity and to fill the imbalance higher, then to reject from bearish order block + institutional big figure 1.07000. Fundamental analysis: Upcoming week we have a lot of news on USD, on Wednesday will be released monthly PPI followed by FOMC Meeting and on Thursday monthly and yearly CPI. I expect we can see a decrease on CPI, which means strength of currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
EUR/USD back above 1.05, time for a change in trend?Hello traders, I know most of you have been waiting for EUR/USD to reverse from bullish to bearish. However, for more than 10 weeks now, EUR/USD is a prolonged downtrend and we are seeing lower prices every week. That being said, EUR/USD has climbed back above the crucial psychological level of 1.05. If price breaks the 1.0520 level(hourly moving average) and continues to stay above it, there would be some hope for the bulls. Beyond that, a strong test for the bulls lies at 1.0610. If price breaks this level, we can expect a trend reversal. I would recommend traders to keep these few key levels in mind while trading EUR/USD.
by MarcellusLUX
20
EURUSD 60 MIN TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Long
by Tradelikemee
EURUSD MID-WEEK ANALYSIS-24/09/2023EUR/USD: Seizing Bullish Opportunities Amid Market Shift A noticeable shift in market behaviour on EUR/USD, especially on the lower timeframes, has prompted me to shift my focus towards potential buy opportunities. Join me as we explore the emerging bullish outlook for EUR/USD and adapt our trading strategies to these evolving market conditions. Stay tuned for further insights and updates! 📈🌐 #EURUSDTrading #BullishOpportunities #MarketShift
Long
by Dion-FX
6
EURUSD END-WEEK ANALYSIS-UPDATE 24/09/2023EUR/USD Analysis: Riding the Forex Waves Amidst Dollar Strength As forecasted, EUR/USD witnessed a recovery following three consecutive days of decline, aligning with our previous insights. However, this forex journey is marked by ever-evolving dynamics. With the US dollar poised to regain strength, I'm now focusing on anticipating another potential downside move. But there's a critical condition: this projection depends on the dollar maintaining its price above 105.864. Join me as we navigate the intricacies of this dynamic market, and stay tuned for the next chapter in the EUR/USD story! 📉📈 #EURUSDAnalysis #MarketOutlook #TradingView
Short
by Dion-FX
Understand Session to Session Behavior🏺EurUsd 1.It's early in the week 2. Alot of volatility already this week for EurUsd 3. Daily candle closed with no bottom wick denoting exhaustion 4. Asian session continuation to the downside here coinciding with daily support level 1.04627 0:0 Monthly timeframe 2:47 Weekly timeframe 4:51 Daily timeframe 6:52 15m timeframe 8:04 4hr timeframe 8:52 1hr timeframe We moved down quite a bit today! Took some sells during NY session and jumped on the train to the downside. Is it a surprise that Asian session has continued that descent? We are at almost 2x ATR for EurUsd regarding the volatility today. London Session usually does some fakeout behavior and will likely retrace to gather some liquidity here.. There is always fomo liquidity in the market and my trading system depends on it.
Long
by ShrewdCatfx