EurUsd - Long Term ChannelHello Traders, welcome to today's analysis of EurUsd.
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Explanation of my video analysis:
Starting in 2008 EurUsd has been trading in a descending channel for more than 15 years. At the moment EurUsd is retesting the upper resistance of the channel so a move lower is quite expected. Furthermore EurUsd is also retesting previous support which is after the break towards the downside turned resistance so everything is pointing towards a next move lower.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Eurusdprediction
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 M15 / Short Trade Alert ✅Hello Traders!
This is my idea related to EURUSD M15. As the Market structure, H4 is bearish, and the trend did not set a new High, I expect a continuation of a bearish market and at the moment, I see an opportunity to execute from this price a short trade with the target below the low.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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EUR/USD Imminent Shorts towards 1.06800My analysis on EUR/USD mirrors that of GBP/USD, as it has entered a significant supply zone where I anticipate a bearish reaction. Given the abundance of liquidity and the temporary bullishness of the dollar, this scenario appears plausible. Therefore, I'll be monitoring for a redistribution pattern on Monday before considering initiating sell positions.
I acknowledge the presence of considerable imbalances above, which could prompt price to rise and potentially reach the supply zone in scenario (C). However, my overall expectation for EUR/USD is a downward movement towards 1.06800.
Confluences for EU Shorts are as follows:
- Price left a clean 3hr supply zone which price is currently re distributing inside.
- Price has been moving bearish regarding the recent break of structure to the downside.
- DXY is also been moving bullish so it backs the EU downtrend.
- Lots of liquidity to the downside like trendline Asian lows and swing lows.
- The overall trend of this market like the monthly still shows its a bearish trend.
P.S. I'm currently leaning towards a pro-trend stance with this idea, primarily because of the recent downward breaks in structure. Additionally, there are few demand zones in proximity to the current price, suggesting that price may decline to sweep that liquidity.
HAPPY TRADING AND REMEMBER ITS USD BANK HOLIDAY MONDAY!
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
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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 M30 / A POSSIBLE RETRACEMENT TO CLOSE THE FVG 📊Hello Traders!
This is my idea related to EURUSD M30. I expect a retracement to close the FVG and I will look at the OB reaction for a potential short execution.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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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.
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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 4H : Support further decline EURUSD
New forecast
The price perfectly fulfills my last idea and price reached to our targets.
The EUR/USD pair shows slight negative trading in an attempt to resume the expected downward trend for today, remembering that our expected target is at 1.0665, breaking which represents the key to heading towards 1.0600 directly.
Therefore the downward scenario will be remain valid and effective during coming period ,Moving average 50 continues to support the suggested bearish wave, which will remain in place unless the 1.0760 level is breached and holds with a daily close above it.
The expect range trading for today it will be between the resistance line 1.0760 and support line 1.0600.
resistance line : 1.0760 , 1.0808
support line : 1.0665 , 1.0600
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EURUSD READY TO DROP MOREHELLO FRIENDS!
EURUSD is now trading in downtrend and rejecting from broken support zone we expected another drop on this pair. as we can see $ index is moving to the upward and this pair is trading under bearish Trend it can test these given support levels in coming days as we can see US Inflation data ahead a positive data for $ can bring to us these levels on EURUSD Its just a trade idea share Ur thoughts with us and stay tuned for more updates.
EURUSD: Upcoming big swing selling opportunity!Dear Traders,
As we have news today and tomorrow we think price of EURUSD will fill up the liquidity void area before going down any further. Therefore, our entry will be around that reason if news spikes up and create a strong wick. Once price comes to our area of entry we can enter sell entry.