Eurusdshort
Eurusd H1 EUR/USD failed to extend gains and is back under selling pressure in the American session. United States inflation and employment-related figures kept the Fed on the 25 bps rate cut path.
The Relative Strength Index (RSI) indicator on the 4-hour chart stays near 30, suggesting that the pair is about to turn technically oversold. On the upside, immediate resistance is located at 1.0950 (static level, Fibonacci 61.8% retracement of the latest uptrend). In case EUR/USD stabilizes above this level and confirms it as support, it could edge higher toward 1.1000 (Fibonacci 50% retracement) and 1.1050 (Fibonacci 38.2% retracement).
Confirm
EURUSD: Dollar holds steady as Fed minutes emergeThe US dollar remained steady today, providing some respite for the yen and other major currencies after rising to a seven-week high last week. Market participants are taking a moment to assess the future trajectory of US interest rates.
Investors are awaiting the release of the minutes from the Fed’s September meeting today, which will reveal the discussions that led to a 50 basis point rate cut, agreed by all but one policymaker amid a seemingly worsening labour market.
Sell EURUSD Bearish ChannelThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.0986, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.0935
2nd Support – 1.0909
Stop-Loss: To manage risk, place a stop-loss order above 1.1005. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
EURUSD Multi Timeframe Analysis 10.10.202415m Swing and Internal Bearish aligned with 4H structure
Finally we have mitigated the 4H demand nested in Daily demand. Also Daily SSLQ is taken. We might see bullish momentum to kick in but ideally wait for 15m internal structure to switch bullish . Or 4H bullish ChoCh in this 4H / Daily demand zone.
EURUSD Multi Timeframe Analysis 09.10.202415m Swing and Internal Bearish
We have mitigated 15m Swing EQ ( Price still might go higher )
Shorts are more probable as 15m Swing and Internal structures are aligned
Longs, Internal bearish break of structure might be fake break. But better to wait for internal structure switch to bullish first
EURUSD BUY | Idea Trading AnalysisEURUSD is moving on support zone
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
EURUSD Multi TImeframe Analysis 03.10.2024M15 Swing and Internal Structures are both Bearish aligned with 4H Structure. If you are looking for Longs, beter be cautious.
The price is now in Daily Demand zone and approaching to old 4H Demand but this low is likely to be taken so I don't think it is going to hold long but we might see fake 15m bullish breaks in this 4H demand before it fails.
Ideally wait price to mitigate 15m Supply to take shorts which would be more probable than long positions.
Check 4H and Daily Analysis below
EURGBP Short - Do You Even Check Fundamentals?I'd like to see at least one wick of a major past price point on the htf which will reset the longs before any potential up movement. In general, fundamental wise, I literally have no idea why people long EURGBP while its obvious that EUR will further decrease its rates while GBP stays at it.
KOG's RED BOXES - EURUSD EURUSD – 4H
1.1182 break above for 1.12265
1.11360 break below for 1.1061
Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets.
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Sell EURUSD Channel Breakout (FOMC) The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1117, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1076
2nd Support – 1.1051
Stop-Loss: To manage risk, place a stop-loss order above 1.1152. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.