EURUSD Technical Analysis and Trade Idea 👉🔍In this video, we closely examine EURUSD. Recently, the EURUSD has experienced a strong bullish rally but now appears overextended and has reached a key resistance level. Given this overextended move, I'm looking for a buy opportunity on a Fibonacci retracement.
In the video, I share my insights on price action, market structure, and the trend. Remember, this content is for educational purposes only and not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
Eurusdoutlook
EURUSD Potential Short during next week EURUSD go rally up during last week and consolidating in a Sell area. But I note with my analysis a trap of equal highs noted potential big boys will take before hitting the FVG for a real potential downtrend move.
EURUSD is a great pair to watch out on our list next week.
Good luck!
EUR/USD Trade Setup on 30-Minute TimeframeOn the 30-minute timeframe, the price has formed a demand level around 1.07800.
Note: The price is also showing bearish sentiment by breaking a major key 4-hour support level and retesting it.
If the price breaks through the demand level, there will be no buy entries.
Now we wait ⏰
EUR/USD Trade Setup on the Daily TimeframeEUR/USD pair is currently moving sideways on the daily timeframe, forming an ascending channel characterized by higher highs and higher lows. It recently broke out and found support at the 1.08000 level.
We are now looking for buy entries at this support level. Let's scale down to the lower timeframes to identify potential buy patterns and entry confirmations.
1-hour chart GBP/USDVisit fourtrades website for more active insights
On the 1-hour chart, GBP/USD is consolidating within a range between 1.2840 and 1.2800. The price recently tested the lower boundary of this range and the descending channel support. A bullish breakout from this range could see the price targeting the 1.2940 resistance level. Conversely, a bearish breakout could lead to a continuation of the downtrend towards 1.2750.
Conclusion
The GBP/USD pair is at a critical juncture, testing significant support levels on multiple timeframes. Traders should watch for a breakout from the current descending channel and the 1.2820 support level. A bullish breakout could offer long opportunities targeting 1.2940 and 1.3000. On the other hand, a break below 1.2820 could see the price moving towards 1.2750 and 1.2650, providing potential short opportunities.
7 Dimension Sell setup for EURUSDCore Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: 15M
1: Swing Structure: The market has formed a bearish BOS after taking inducement. Now, the focus is on the corrective swing move as a pullback. The internal structure also supports a bullish corrective move toward the external POI, OB & BB with proper FVG and LIQ resting area in the discounted zone. We are using one regular entry module for this.
2: Pattern
🟢 CHART PATTERNS:
Reversal: Triple top is already formed at the top of the swing.
🟢 CANDLE PATTERNS:
We will check at the POI zone.
3: Volume:
🟢 Fixed range indicates full bearish control at the POI.
🟢 Volume during correction is almost dry.
4: Momentum RSI:
🟢 In strong bearish zone with proper bearish range shift and classic.
🟢 Grandfather-Father-Son entries based on H4 TF are intact and formed.
5: Volatility Bollinger Bands:
🟢 About to break after contraction, possible squeeze breakout in the lower band. Walking on the band is also expected here.
6: Strength: Based on ADX, bears fully control the market at this level.
7: Sentiment: Strong bearish.
✔️ Entry Time Frame: 15 min
✅ Entry TF Structure: BOS Bear
☑️ Trend line breakout: Awaited
💡 Decision: Sell limit
🚀 Entry: 1.08475
✋ Stop loss: 1.08580
🎯 Take profit: 1.07601
😊 Risk to reward Ratio: 7RR
🕛 Expected Duration: 2 days
SUMMARY: Analysis supports a sell position based on Smart Money Concepts methodology, with strong bearish signals from structure, volume, momentum, volatility, strength, and sentiment.
1-Hour Chart Analysis:EURUSD
On the 1-hour chart, EUR/USD is currently trading within a descending channel, indicating a downtrend. The price has tested the upper boundary of the channel multiple times (as marked by the red arrows), showing resistance around the 1.0850 level. The lower boundary has acted as support, with the most recent bounce occurring near the 1.0800 level (indicated by the grey arrows).
The RSI is displaying a bullish divergence, suggesting a potential reversal or consolidation phase. A break above the 1.0850 level could lead to a move towards the next resistance level around 1.0880. Alternatively, a breakdown below 1.0800 could see the pair testing lower supports at 1.0750 and 1.0700.
EURUSD Trade Idea👉 My bias for EURUSD is bearish according to this 4H chart. We can clearly see lower highs and lower lows, along with a break in market structure to the downside, accompanied by significant displacement with the candle above the break. As always, trading involves risk. This is not intended as financial advice, and it's wise to trade responsibly with consistent and conservative risk management.
EURUSD ( STABILIZING BELOW TURNING LEVEL ) (4H)EURUSD
HELLO TRADERS
Tendency , the price is under bearish pressure , until trading below 1.084 .
TURNING LEVEL : the price of this level at 1.084 , as long as the price trading below this level reach a support level (1) , but if breaking by open 4h candle above this level reach a resistance level (1)
RESISTANCE LEVEL (1) : this level around 1.088 , for reach this resistance level the price need breaking a turning level
RESISTANCE LEVEL (2) : around 1.094 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 1.079, for reach this support level the price need stabilizing below turning level
SUPPORT LEVEL (2) : support level at 1.076 , for reach this level will be breaking by open 4h candle below support level (1)
PRICE MOVEMENT : currently price 1.083 , as long as the price trading below this level reach a support level (1) , but by breaking this level by open 4h candle above this reach a resistance level (1) ,
MY GOAL : support level (1) at 1.079 .
TARGET LEVEL :
RESISTANCE LEVEL : 1.088 , 1.094 .
SUPPORT LEVEL : 1.079 , 1.076 .
EURUSD is looking good!!!Last week we saw EURUSD closing at 1.08566 respecting the consequent encroachment of the Weekly FVG sitting in Premium, however we are not interested in that FVG as it is in premium.
I am expecting price to continue dropping to the weekly FVG in discount at 1.08028.
With all that being said, my bias is bearish this week.
Let's goooo!!!
Plan your trades and trade your plan.
EUR/USD Short ideas from 1.08900 back downMy analysis for EUR/USD aligns with my outlook on other major pairs against the dollar, focusing on sell opportunities. The continued break of structure to the downside has left a promising 14-hour supply zone that looks ideal for short positions.
Within this zone, we might see a deeper mitigation of around 50%, making it easier to identify the UTAD (upthrust after distribution). Once the price forms a Wyckoff distribution on the lower time frame, I will look for a precise entry point.
Confluences for EU Shorts are as follows:
- Price currently formulating lower lows and lower highs.
- Supply zone on the 14hr that has caused a break of structure to the downside.
- Lots of liquidity to the downside in the form trend line and Asia lows.
- DXY (DOLLAR) is also bullish on the higher time so overall this is a PRO trend trade idea.
P.S. If the price continues to break down, I will be looking out for new supply zones until the price approaches the 23-hour demand zone, where short-term buys may become viable.
Remember NFP Friday this week so stay vigilant!
EURUSD I Potential bullish rise but trading in weekly rangeWelcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
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EURUSD ( UNDER BEARISH PRESSURE ) ( 4H )EURUSD
HELLO TRADERS
Tendency , the price is under bearish pressure until trade below turning level .
TURNING LEVEL : the price of turning level around 1.091 , indicates the price trade below this level reach a support level , but if breaking this level reach a resistance level .
RESISTANCE LEVEL (1) : around 1.094 , for reach this level will be breaking turning level .
RESISTANCE LEVEL (2) : around 1.097, for reach this level will be breaking by open 4h candle above resistance level (1) , it make created a new historical peaks .
SUPPORT LEVEL (1) : support level at 1.087, for reach this level the price will be trading below
turning level .
SUPPORT LEVEL (2) : this support level at 1.084 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : the price retest 1.091 , before dropping .
TARGET LEVEL :
RESISTANCE LEVEL : 1.094 , 1.097.
SUPPORT LEVEL : 1.087 , 1.084 .
EUR/USD Short ideas from 1.09100 or 1.09300My bias for EU is similar to GU, as I am mainly looking for sell opportunities. Last week’s price distribution across higher time frames has left promising zones to watch, specifically the 4-hour and 17-hour supply zones. If these zones are mitigated, I will look for redistribution within them.
If the price continues to drop, I will look for counter-trend trades to catch retracements, possibly from the 11-hour demand zone I’ve marked or the 5-hour demand zone if the price goes deeper.
Confluences for EU Sells:
Newly created supply zones near the UTAD show promising selling opportunities.
There is significant liquidity to the downside in the form of Asia lows and imbalances that need filling.
The dollar is bullish, aligning well with the bearish bias for EU.
This is a pro-trend trade on the higher time frame.
P.S. I will wait to see how the price action unfolds, as the current price is somewhat distant from my points of interest (POIs), but I expect the price to keep dropping.
EURUSD - Long idea !!Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are still in a bullish market structure from 4H timeframe perspective, so I look for a long position. We have hidden divergence, also price can reject from liquidity zone and on H1 we have regular divergence, so after breaking 1.08940, I will open a long.
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