Get started

Eurusdtrade

EURUSD / INSIDE ASCENDING CHANNEL - 4HEURUSD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 1.112 . Downward Condition : With the price holding steady at the current turning level at 1.112 , it is likely to decline towards the support level of 1.107. If it stabilizes below this level, it could then reach the next target level of 1.099 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.112, leading to a rise toward the resistance level (1) at 1.117 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.112 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 1.117 . RESISTANCE LEVEL (2) : 1.112 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 1.107 . SUPPORT LEVEL (2) : 1.099 . TURNING LEVEL : 1.112 .
Short
by ArinaKarayi
EURUSD / BREKOUT ASCENDING CHANNEL - 4H EURUSD Tendency , the price is under bullish pressure , until trading above turning level at 1.101 . Turning Level: The price is currently trading above this level around 1.101. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 1.095 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.101. If the price reaches 1.095 , and stabilizes below it, it will likely attempt to reach support level (2) support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.088 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.078 . Resistance Level (1): As long as the price remains above the turning level of 1.101 , it suggests a rising towards 1.108 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.113 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.116 . Channel Trend: breakout ascending channel . TARGET LEVEL : RESISTANCE LEVEL : 1.108 , 1.113 , 1.116 . SUPPORT LEVEL : 1.095 ,1.084 , 1.78 .
Long
by ArinaKarayi
#EURUSD: 400+ Pips Buying Opportunity! Do not miss outFX:EURUSD Price is approaching our buying zone, from where we can expect a strong price rebound. Also, we have very important news coming up this week, NFP may have significant impact on the future of this pair. However, as we had mentioned previously that we cannot predict the news, we can only see the chart and analysis what is in front of us. Always, do not rely on economic news as none of us can predict. Instead, focus on our area of buying, if price do come to the region then wait for the rejection and with the confirmation you can take a swing entry. **If you like our work please like, comment and follow us which will encourage us to bring you more educational ideas** Team Setupsfx_
Long
by Setupsfx_
10
SHORT EUR/USD from 1.1125"The trend is your friend" is a well worn FX trading adage. Its meaningless. The trend is your friend if the trend is heading in the same direction as your trade but if its not then the trend is your enemy. EUR/USD is in an uptrend and has been since 1st August. The price has now hit a level last seen on the 28th December 2023. The last time the price was at this level, the trend ended and reversed 550 pips. Anyone LONG on 28th December 2023, following the trend, would have lost heavily without a STOP in place. Trends always end eventually and when they do they present a trading opportunity. I have a SHORT EUR/USD trade on becuase: a) we are at a historically significant high b). H4 on the Andean Oscillator see the red SELL line rising off zero as the green BUY line ceases rising. c).H1 Andean Oscillator see the red SLL line rising signifcantly as the green line falls. d). RSI on H4 is decling from overbought levels. e). MACD on H4 has seen the fast MA move south over the slow MA GBP/USD daily candle is red (BEARISH) NZD/USD daily candle is red (BEARISH). Trading is gambling. No-one knows where the price of any instrument will be in an hour or in 4 hours so EUR/USD MAY decline from these levels. This is the key - the price MAY decline. I have a tight 25 pip STOP above the recent high so my risk/reward if EUR/USD does decline makes this a trade worth taking. But just to return to my opening line - EUR/USD IS technically still in an uptrend which is why a STOP is MANDATORY (it should be for ALL trades). We cannot rule out EUR/USD BULLS stepping in to try and drive the price higher particulalry as the USD is WEAK currently.
Short
by forextraplaces
EURUSD, Ready to fall ?Hello Traders, Hope you are doing great. for upcoming week, we'll probably see the continuation of upward movement to Specified Red zone at first, and after that we'll probably see a fall to specified dashed lines. so with a proper trigger we can open a short position. we also have regular divergence in 4H and Hidden Divergence in Weekly time frame. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS.
Short
by aminrzb
17
EUR/USD Shorts from 1.11000 back down to demandPrice action for EUR/USD is very similar to GBP/USD (GU). If GU continues rising to mitigate that deeper supply, it aligns with the 1.11000 level in the 20-hour supply zone for EUR/USD. I expect the bullish pressure to gradually die down and for price to eventually mitigate this supply. Therefore, I don’t expect a major move on Monday, but this scenario could play out over the week. If price sells off from the 20-hour supply zone, I will then wait for scenario (B), which involves the mitigation of the daily demand that caused a break of structure to the upside. There's also a refined version of this demand on the 19-hour time frame, which looks promising for buys to continue the bullish trend. Confluences for EUR/USD Sells: - Bullish pressure is getting exhausted, suggesting a potential retracement. - There is a lot of liquidity below, along with imbalances that need to be mitigated. - This outlook aligns with expectations for the DXY to rise slightly. - This is a counter-trend short-term trade with the goal of eventually rejoining the pro-trend. P.S. If price reacts to the current imbalance and goes back down, I will look to enter buys to take price back up to the supply zone. However, buys are favorable due to the current bullish trend.
Short
by Hassan_fx
EURUSD analysis week 33Fundamental Analysis EUR/USD regained momentum and rose to 1.1020 in the American session on Friday after snapping a three-day winning streak. Upbeat macroeconomic data from the United States boosted the US dollar (USD) and sent EUR/USD lower. The US Department of Labor reported that initial weekly jobless claims fell by 7,000. Improved risk sentiment on Friday morning made it difficult for the USD to continue Thursday's gains and sent EUR/USD higher. The US economic calendar will feature data on Housing Starts and Building Permits for July. Additionally, the University of Michigan will release preliminary Consumer Sentiment Index data for August. The market reaction to these data may not last long. Technical Analysis EURUSD continues to trade in an ascending channel with the nearest support and resistance in the price range at 1.106 and 1.091 after gaining ground above 1.100. On the D1 timeframe, the EMA 34 has crossed well above the EMA 89, indicating a strong bullish market structure, with the upside momentum heading towards the most important resistance around 1.113. On the other hand, any daily close below the 1.1091 support would not confirm a bearish reversal. The pair would need to break the 1.081 support to truly break the bullish structure on the current chart. Resistance: 1.106-1.113 Support: 1.092-1.081 Trading Signals SELL EURUSD 1.112-1.114 SL 1.116 BUY EURUSD 1.092-1.090 SL 1.088
by TVS-Trader
EURUSD at a Tipping Point: Explosive Breakout or Breakdown?Is the EURUSD on the verge of a major breakout, or are we heading for another disappointing retreat? Once again, we’re sitting above the 1.10 zone, and the price has moved into the upper range territory. Since early 2023, EURUSD has been stuck in a weekly range between 1.05 and 1.104, with only one quick rally to 1.12 that was quickly faded. Are we finally ready to see a clear breakout higher, or will the price fail again and fall back into the range? Let's take a closer look at what the charts are indicating. Zooming into the daily charts, we can see the range more clearly. Yesterday, the price spiked up to create a new high for the year before quickly selling off (see image below). Shifting to the 4-hour charts and adding the MACD indicator, a clear bearish SELL signal has appeared, indicating that buying momentum is beginning to fade. Given the HTF price zone we’re in, a sell-off to at least 1.093 seems likely. Now, I’m waiting for my TRFX indicator to give a sell signal on the 2-hour or 4-hour timeframe. The first target for this position is 1.093. I’ll then re-analyze the price action at that level. If selling momentum picks up, a deeper correction toward the bottom of the range could be on the cards. My stop loss will be set above 1.11. This week's WEEKLY candle close will be crucial. If we get a clear break and close above 1.105, a move up to 1.12 is highly likely. I’ll be closely watching for any reaction to the US GDP today. If the above scenario plays out, I will shift my strategy from selling to buying on any short-term retrace to 1.105, targeting 1.12. For now, it's a short setup until the market indicates otherwise. If you enjoyed the read, hit the boost button :)
Short
by TheFxAce
8
7 Dimension Sell Setup For EURUSDCore Analysis Method Smart Money Concepts 😇 7 Dimension Analysis Time Frame: H4 1: Swing Structure: A completely bearish structure with sweeps and mitigations. The market has taken proper inducement and completed its corrective swing move with multiple pullbacks. Now, after mitigating the external POI, it is once again forming a bearish internal structure from the premier zone. We are ready to go short with a classic smart money entry model. Resistance: Supply zones already give strong rejections. 2: Pattern 🟢 CHART PATTERNS Reversal: V-Shape Recovery formed toward the extreme POI, now ready for another rejection. 🟢 CANDLE PATTERNS Record session count candles are making too much bullish momentum but are unable to break the upper side POI, which seems to be nothing but a trap. Inside: Narrow Range just started forming a range pattern. 3: Volume We experienced massive volume during the last few 4H sessions, but they all failed to break the upper side resistance. It seems to be nothing but profit booking or execution volume here. 4: Momentum RSI 🟢 Since a long time, the market has been in a sideways to downtrend zone without any proper range shift. We also observed a powerful bearish divergence at the last rejected high area. No significant move in terms of momentum, indicating everything is in favor of bears. No need to change your mind. 5: Volatility Bollinger Bands The last volatile move contraction is now about to end with expansion, with a squeeze breakout and walking on the band. It fulfills all the volatile parameters, but at the end, it was not able to break the upside resistance. This indicates nothing but some profit-taking or big player manipulation. 6: Strength ADX In terms of ADX strength, this trend is in the bearish zone yet. 7: Sentiment All parameters and geopolitical indicators tell us loudly that EUR is still bearish. ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Bearish ☑️ POI Mitigated 💡 Decision: Sell 🚀 Entry: 1.09200 ✋ Stop loss: 1.09500 🎯 Take profit: 1.06367 😊 Risk to reward Ratio: 10RR 🕛 Expected Duration: 10 days SUMMARY: The analysis supports a sell position based on Smart Money Concepts methodology, with the structure, patterns, volume, momentum, volatility, strength, and sentiment indicating a bearish move.
Short
by Optimum369
5
EURUSD ( UNDER DOWNWARD PRESSURE ) ( 4H )EURUSD HELLO TRADERS in the last week the price of OANDA:EURUSD trading between turning level at 1.094 and support level (1) at 1.088 , currently price stabilizing below turning level this allows them to lower prices for the support level (1) . Tendency , the price is under bearish pressure , until trading below turning level . Upward Zone : for an upward movement to occur , the price needs to break through the turning level at 1.094 , leading to rise that could reach the resistance level (1) 1.099 , if the price breaks and stabilizing above this level it may attempt to reach resistance zone between 1.102 and 1.105 . Downward Zone: as long as the price remain below the turning level at 1.094 , it may drop towards the support level (1) at1.088 , if the price breaks this level with a 4h candle closing below it , it suggest further decline towards the support zone between 1.084 and 1.078 . CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 1.094 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 1.099 ,1.102 , 1.105 . SUPPORT LEVEL : 1.088, 1.084 , 1.078 .
Short
by ArinaKarayi
1
POTENTIAL TRADE SETUP ON EURUSDPotential Trade Setup on EURUSD Prior to the spike which was initiated by the July NFP data released. EURUSD seem to be ranging since then, however there is an opportunity for trade setup moving forward.. The price is developing, and I am waiting for either a break above the resistance and retest of that zone to take a a BUY trade, or Alternatively if the price drop further downside move, then a SELL trade is good to go. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by Adefxc
EUR/USD Longs from 1.08200 back up This idea aligns with my other pairs. After mitigating a daily imbalance, price is showing clear rejection and heading down to fill the imbalance left from last week's NFP news event. If price reaches the extreme demand level on the 17-hour timeframe, I'll wait for a Wyckoff accumulation to buy back up. Meanwhile, I’m watching for a new supply zone to sell from or considering imminent sells as price is currently in a 4-hour supply zone. Confluences for EU Sells: Price broke structure to the upside on the higher timeframe. Significant liquidity and imbalances remain to the upside. A clean 17-hour demand zone triggered this bullish move. Large imbalance above the demand zone that needs filling. P.S. If price moves higher and surpasses the last swing high, I'll look to the deep supply on the 22-hour timeframe as the next drop-off point.
Long
by Hassan_fx
EURUSD analysis week 33Fundamental Analysis EUR/USD traded sideways above the round-figure support of 1.0900 in New York trading on Friday. The ECB is expected to cut interest rates two more times this year as the Eurozone economy struggles and price pressures are on track to return to the desired 2%. However, ECB officials have yet to commit to a predetermined rate-cutting path as they expect a path towards the central bank's 2% target. The US dollar (USD) consolidated in a narrow range, with investors focused on the extent to which the Federal Reserve (Fed) will cut interest rates at its September meeting. Looking ahead, the next trigger for the US dollar will be the US (US) Consumer Price Index (CPI) data for July, due out on Wednesday. Technical Analysis GBPUSD continues to trade within an ascending channel with the nearest support and resistance in the price range of 1.100 and 1.074. On the H4 timeframe, the EMA 34 has crossed above the EMA 89, indicating that the market structure is starting a new uptrend in line with the current price channel with the highest Resistance at the peak of the beginning of this year around 1.112. On the other hand, any daily close above the support level of 1.075 would confirm that EURUSD could break the ascending channel and move towards the support level of last month around 1.062. Resistance: 1.100-1.112 Support: 1.075-1.062 Trading Signals SELL EURUSD zone 1.100-1.102 SL 1.104 BUY GBPUSD zone 1.075-1.073 SL 1.071
by TVS-Trader