Eurusdshort
EURAUDThe EUR/AUD is in a short-term bearish trend on the daily timeframe, following a descending channel and Elliott Wave ABC pattern. The price recently broke a key support level, suggesting further downside movement towards the channel's support trendline, completing the C wave. After reaching this point, we will look for bullish rejection signals for a potential long-term entry.
EUR/USD Shorts form 1.07100 or 1.07425My analysis for EU is similar to GU, focusing on sell opportunities. I'm particularly interested in a 4-hour supply level as a key area to take sells from. Once the price enters that zone, I will look for lower time frame (LTF) confirmation to continue the bearish trend.
If the price goes higher, which is also expected, a more favorable sell position would be around the 5-hour supply zone, as it offers a more advantageous selling point.
- Price has been very bearish recently indicating bears are more dominant.
- 5hr and 4hr supply levels left unmitigated thats now become our POI.
- Lots of liquidity left to the downside like Asia lows.
- DXY is also correlating and supporting this idea as the dollar is looking bullish right now.
- Lots of bearish pressure which means the correction is pending back up.
P.S. I expect this pair to start off bearish this week, aiming to break the nearby low. Afterward, I anticipate a reaction from the 4-hour demand zone, causing a retracement back up.
Market still shorting EUR/USD(06/18/2024)EUR/USD, the price pulled back on the last demand zone and then started to drop. it seems the market willingly tries to short EUR/USD $FX:EURUSD.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EUR/USD Shorts from 1.07400My bias is similar to GU, given the significant bearish pressure we've seen. I aim to continue this bearish trend. Currently, I am waiting for a pullback into a supply level for price to distribute and maintain its downward direction.
I will look for sell opportunities at the 10-hour supply zone. If the price doesn't react there, I expect a stronger response from the 4-hourly supply zone, which is at a more premium price. From there, I plan to sell back down, targeting the liquidity below.
Confluences for EU Sells are as follows:
- Lots of liquidity below that needs to get taken as well as imbalances that need to get filled.
- DXY is also looking bullish which aligns with this idea as well.
- Price has left a clean level of supply that has been unmitigated.
- Price is currently in a downtrend so this is a pro-trend idea.
- Higher time frame and candle stick anatomy also show bearish
P.S. If the price drops a bit more, I will consider taking buys from the 4-hour demand zone, as it is valid and at a good price point. However, if this zone breaks, it will further confirm my bearish bias.
EURUSD, What's next ?Hello traders, hope you doing great.
for upcoming week, I think we'll probably see an upward correction in EURUSD to one of the specified Levels and then it will begin to fall again. so with a proper trigger, we can open a short position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
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EURUSD SELL | Idea Trading AnalysisEURUSD is moving in a descending channel between the trend lines and Resistance area. Is near the resistance, where price dropped before.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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: First Short then Long !Hello traders, hope you doing great.
Last week We had a short position in EURUSD, unfortunately it hit our Risk free and we gained profit not so much.
BUT for upcoming week, I think same as last week and it means we'll probably see a downtrend in EURUSD to specified Level and then an uptrend may begins.
so with a proper trigger, we can reopen a short position again and then open a Long position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
if this post was helpful to you, please like and share with your friends.
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EURUSD - UniverseMetta - Analysis#EURUSD - UniverseMetta - Analysis
The price is near the upper border of the downward channel in which the price has been since the beginning of the year, which makes it possible to look for entry points from the borders. An impulse 1st wave has been formed with a correction of 60% (38 Fibo level), from which a rebound most often occurs and the formation of a 3-wave structure; you can look for entry points with a short stop, if the ABC correction does not continue on the lower timeframe. Globally, we can expect a fall to the lower border, to the levels 1.05200 - 1.03995
Locally to levels 1.07210 - 1.06060
Target 1.07210 - 1.06060
EURUSD SELL | Idea Trading Analysis#EURUSD moving higher as it tests the strong resistance level. The price has reached the resistance level..
The chart is moving from the upper boundary of the channel.
We expect the correction to continue..
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
EURUSD , Time for SELL ?Hello traders, hope you doing great.
for upcoming week, I think we'll probably see a downtrend in EURUSD to specified Level. so with a proper trigger, we can open a short position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
if this post was helpful to you, please like and share with your friends.
Thanks.
EURUSD: Bearish Butterfly Pattern Signals ReversalThe EURUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classic reversal structure frequently observed in technical analysis. The Butterfly Pattern suggests that the current bullish momentum may soon exhaust, giving way to a potential bearish trend.
Potential Reversal Zone (PRZ):
Point D, at the completion of the Butterfly pattern, is identified as a Potential Reversal Zone (PRZ). This zone is critically important for several reasons:
Key Resistance Area: The PRZ aligns with a significant resistance level, historically indicating strong selling pressure.
4-Hour Trend Line: The zone coincides with a downward sloping trend line on the 4-hour chart, reinforcing the bearish outlook.
61.8% Fibonacci Retracement: The PRZ is also at the 61.8% Fibonacci retracement level of the preceding move, adding another layer of confluence to our bearish bias.
Entry and Risk Management:
Given the confluence of technical indicators at the PRZ, we anticipate a trend reversal to bearish from Point D. Our proposed trading strategy is as follows:
Entry Point: 1.08865
Stop Loss: 1.09030
The stop loss is strategically placed above the PRZ to protect against potential false breakouts and limit downside risk.
Take Profit Levels:
To effectively manage our positions and lock in profits, we have set multiple take profit levels:
TP-1: 1.08700
TP-2: 1.08535
TP-3: 1.08370
These targets are derived from previous support levels and the harmonic pattern projections.
Conclusion:
The confluence of the Bearish Butterfly pattern, key resistance, trend line, and Fibonacci level significantly strengthens the bearish case for EURUSD at Point D. By entering the market at 1.08865 with a stop loss at 1.09030, and targeting the specified take profit levels, traders can capitalize on the anticipated bearish reversal while maintaining disciplined risk management.
EURUSDHello traders ,what do you think about EURUSD?This currency pair is reaching the resistance zond and the ceiling of the descending channel. It is expected that it will not be able to cross it and at least fall to the specified levels.
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EUR/USD Analysis Amid Geopolitical TensionsThe exchange rate between the Euro (EUR) and the US Dollar (USD), known as EUR/USD, is a key player in global finance. Lately, it's not just economic ups and downs that are calling the shots, but also rising political conflicts around the world. One hot spot to watch is Israel, where the potential release of sensitive information could cause ripples across Europe and impact the EUR/USD rate.
Geopolitical Tensions and Market Reactions
Background Context
In response to the Hague Tribunal's demand for war crimes information, Israel has hinted at releasing a highly sensitive and potentially explosive video. This footage, allegedly compiled by the Israeli National Security Agency (NSA) from Hamas body cameras, contains graphic atrocities from the October 7th incident. The content is so disturbing that its release could incite widespread unrest, particularly in Europe, where issues with radical Islamic cells and terrorism are already prevalent.
Potential Impact on Europe
Europe, with its diverse population including significant Muslim communities, has long been a focal point for discussions on integration, radicalization, and security. The release of such a video could exacerbate existing tensions, potentially leading to civil unrest or even conflict. The implications of such an event would be profound, affecting not only the social fabric of Europe but also its political and economic stability.
Europe's Future: Insights from Israel's Video Teasers
Israel has chosen not to release the video or any parts of it. However, they have now decided to share limited teasers of the video with European countries to give them an idea of what to expect.
The message suggests that there is a religious war on the horizon, and Europe's silence on Islamic matters is seen as a dangerous mistake. It emphasizes that a religious war is inevitable and already underway, and it warns that the consequences will be significant, affecting the geography, politics, and demographics of Europe.
Economic Implications
For the EUR/USD currency pair, these geopolitical tensions could translate into significant volatility. The euro might face downward pressure due to increased political risk and potential instability within the Eurozone. Investors typically seek safer assets in times of geopolitical uncertainty, which could bolster the U.S. dollar's strength against the euro.
Key Factors to Watch
ECB Policies and Economic Data
Amidst these geopolitical concerns, it is crucial to monitor the European Central Bank's (ECB) policies and economic indicators. Inflation rates, GDP growth, and unemployment figures will continue to play significant roles in determining the euro's value. Any signs of economic slowdown or policy shifts in response to rising geopolitical tensions could further impact the EUR/USD pair.
Federal Reserve Decisions
On the other side of the Atlantic, the U.S. Federal Reserve's monetary policy decisions remain a critical factor. With the U.S. economy showing resilience, any hawkish signals from the Fed could strengthen the dollar. Conversely, dovish policies or signs of economic weakness could provide some relief to the euro.
Safe-Haven Flows
During times of increased uncertainty, currencies such as the U.S. dollar and Swiss franc, known as safe-haven currencies, tend to increase in value. Investors may choose to move their investments out of riskier assets, such as the euro, and into the perceived safety of the dollar. This movement to safety could cause a further decrease in the EUR/USD exchange rate.
Strategic Considerations
Hedging Against Risk
For investors and businesses with exposure to the EUR/USD pair, hedging strategies become essential. Options, futures, and other derivative instruments can provide a buffer against unexpected currency fluctuations due to geopolitical events.
Diversification
Diversifying investments across various currencies and asset classes can help reduce risks. Spreading out investments can provide better protection against geopolitical uncertainties.
Monitoring News and Updates
Staying informed about geopolitical developments, economic data releases, and central bank announcements is crucial. Real-time news feeds and analysis can help traders and investors make more informed decisions.
Conclusion
The EUR/USD currency pair is currently facing challenges arising from economic fundamentals and escalating geopolitical tensions. There is a possibility of Israel releasing sensitive footage, which could have significant implications for Europe. This may impact not only the social and political landscape but also economic stability in the region. Therefore, market participants should remain vigilant, use strong risk management strategies, and be prepared for increased volatility in the currency markets.
EURUSD, short to bears accumulation zone 1.0768 - 1.0789Hi friend. Today sunday 08:00 UTC and EURUSD market closed. I analyse 1H timeframe and seen big bulls accumulation zone (green area). Between 1.0810 and 1.0870 market in agressive maner catching bulls and sold to them. But my opinion market do it very active .. and prcie will fall to bears acc area: 1.0768 - 1.0789.📉
Dont forget to support me. And have a nice trading week. 💪
Also remember that forex like another exchange tipes its a real time process with many "x" and "y" situations. Market situation is constantly changing. And an idea is relevant for some certain period until situation changes.
EUR/USD possible short scenario(5/31/2024)We've detected an impulse pattern for EUR/USD.
for confirmation, we need to see the price breaks below the correction line(red line).
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EURUSD - SMALL CORRECTION BEFORE THE ROCKET?A closer look at the Euro chart reveals a favorable structure.
On a broader scale, the trajectory looks bullish - however, a noticeable accumulation of liquidity is occurring lower after the reversal of the global downward movement.
In addition, there was an unfilled zone for the month of FVG.
At the local level, after the breakdown, an imbalance zone - FVG - appeared, which increases the chances of a downward movement.
Moreover, after the FVG imbalance was filled, a strong reaction began and “OB” was formed, this gives us an understanding of the reaction and confirmation of the idea.