EURUSD - Bullish price action ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: As I expected in my previous analysis price made a retracement and almost filled the imbalance. Now we can see a rejection from bullish order block, so I expect bullish price action upcoming days.
Fundamental news: Upcoming week on Tuesday we will see monthly and yearly CPI results on USD, on Wednesday Interest Rate in USA followed by FOMC Conference and on Thursday Interest Rate in Europa. News with important impact on both currencies.
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#EURUSD: Possible short term selling opportunity! Hey Everyone,
DXY will be volatile this week due to NFP and other strong data coming out from Wednesday to Friday market will be too volatile and keeping that fact in mind we think EURUSD may be bearish. Wait for price to come to red designated area so that we can enter short there. Once entered keep stop loss small and to you risk management. Target will be divided into two, close half of the position at target one and keep the rest of the position running for price to reach our target two.
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EURUSD - D1\H4EURUSD
D1 - The price has corrected by 60% from the impulse of the 1st wave, which could potentially form the beginning of the 3rd wave and lead to a decline to the levels of 1.05409
H4 - To consider the entry, it is better to wait for the formation of a 3-wave structure and consider the entry, at the moment the price may also continue to rise. After confirmation of the pattern, it will be possible to consider targets for D1.
What can you expect?
Waiting for a 3-wave structure and considering selling; if you are considering entering from these levels, reduce your risk so as not to fall into a continuation of the upward movement.
Short
Target during pattern formation 1.06636 - 1.05409 - 1.04283 - 1.02488
💡 EURUSD: Waiting for FOMCThe buying force returned in the last session, and although it once surpassed the old peak around 1,081, it could not maintain above this price level, the selling force returned and created long candle shadows above, the behavior This price shows that there is still a significant struggle around this resistance level. You continue to observe to see if the price will break the upper or lower boundary of the range before taking action.
We can setup Buy limit . Stop loss is necessary
EUR/USD struggles to break the 4Hour resistance, have you sold?Hello traders and the entire Tradingview community! EUR/USD has spiked
during the data release. However, it has failed to break the dynamic
resistance on the 4Hour chart. In fact, we have a bearish rejection candlestick
at the 4H resistance as you can see in the chart.
It needs to be seen if it goes lower than the 1.0730 level, which would open
the door towards a further downtrend.
For now, selling the rallies is preferred in EUR/USD if price reaches towards 1.0820 again.
DUMB MONEY Creates ORDER BLOCKSThis Sell 🔽 Schematic on #EURUSD 🇺🇸shows how a #Bearish Order Block is created -
The impulse move against the trade is the #OrderBlock being established. This Impulse move will trap
DUMB MONEY (Traders who don't have a clue. We've all been there:)
After Dumb Money chases the trap -It will be a LONG Candle ; immediately the OB is established - anticipate the #DrawPlay aka Swing High or Low to be created.
The Draw on #Liquidity will be engaged and the #Algorithm will begin attacking #Liquidity and #Imbalances in the direction of the trend from the area of consolidation.
When you understand Price Action it gives you a huge Edge when trading the markets.!
Never over Leverage. Trust your Trade Set up.
Have a Great trading Day!
EURUSD is trending downThe Federal Reserve is expected to leave interest rates on hold in a decision at 1900 GMT, and how the dollar moves afterward will depend on whether policymakers counter recent growing expectations for rate cuts next year, UniCredit Research analysts say in a note. UniCredit doesn't expect the Fed to "push back firmly against recent market expectations of aggressive rate cuts," which means EUR/USD could stabilize above 1.08. However, if the Fed suggests rate-cut expectations are overdone, the DXY dollar index should rally further above 104 and EUR/USD would retreat, albeit likely staying above 1.07, UniCredit says. EUR/USD trades flat at 1.0790 while the DXY rises 0.1% to 103.924.
💡 EURUSD: Forecast December 11After creating a bullish signal around 1,075, the price did not continue to increase but slid back down. It has now broken the support at 1,075 and created a new low. Although the long lower shadow shows that buying pressure has returned, this signal is not strong.
You can consider a SELL order. Stop Loss is necessary
💡 EURUSD: Next predictionThe price fluctuated low in the past session, continuing to fluctuate around the resistance level of 1,075 and has not created any significant signals. However, the downtrend is still safe, the bulls have not yet created outstanding points
You can Sell Scalp and set SL to avoid risks
EURUSD 13/12Pair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " a " Corrective Waves. Rejected from Daily Demand Zone. Strong Divergence in RSI. Making its " B " Corrective Wave that will completed at Previous Resistance or Fibonacci Level - 61.80%
Entry Precaution :
Wait for the Proper Rejection
EURUSD Technical Analysis And Trade IdeaThe EURUSD has shown a robust upward trajectory, subsequently experiencing a bearish shift in market structure. This video delivers an intricate breakdown of this trend, meticulously scrutinizing price fluctuations and uncovering potential trade prospects through comprehensive evaluations across weekly and daily timelines. Expect a comprehensive review encompassing price shifts, market patterns, trend assessments, and vital technical analysis elements. It's imperative to stress that the information shared here serves solely for educational purposes and should not be construed as financial counsel.
EURUSD Technical Analysis And Trade IdeaIn the recent times, EURUSD has broken market structure to the downside, indicating a possible sell opportunity. This video presents a detailed analysis of this trend, meticulously examining price movements on both the weekly and daily charts.
Please note, the content presented here is purely educational. It's crucial to emphasize that while the analysis provides valuable information, it should not be interpreted as financial advice or guidance.
EURUSD: November core CPI in the US unexpectedly increased, whicWhile it seems unlikely that US CPI data will influence the FOMC's policy decision this week, the market will keep an eye on the m/m core CPI data. If this index exceeds expectations, current inflationary pressures will certainly affect the timing of interest rate cuts in the future, however if the data is lower than estimates it could boost interest rate expectations. cut earlier.
Short Scralp Trade for EURUSD Success rate 85%Opportunity for Short scalp trade with a success rate of over 85%
The price is likely to hit TP with a 85% chance, You can manage your position
Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
💡 EURUSD: Continued declineEURUSD continues to fall sharply and has had six consecutive losing sessions. By this time, more oversold signals have appeared. In addition, the 1.075 resistance zone is also an important resistance zone. Please pay attention to observe the signs. Price behavior here, if there is a signal of price increase, you can consider buying again. In case it is broken, the price will likely adjust sharply down, towards the resistance area around the 1.0500 threshold.
Next scenario for EURUSD after a series of declining daysEUR/USD: The euro did not show any significant signs of recovery in this week's trading. Therefore, you can consider the following options: In a short-term scenario, the EURUSD could retest the price reaction zone around 1.0800 Ace and wait for a sell-off in this area in relation to the expected FOMC information. Eurodollar could still be a period of accumulation for the market. EUR/USD target expected level returns to 1.0650 area
EURUSD → Nearing Support! Is it Time to Long!? Let's Answer.EURUSD rejected nicely off of the Resistance Zone at 1.10 and fell to 1.07300! If you shorted at the Resistance Zone per my last analysis, hold that short! It's reasonable to take profits here around 1:1 Risk/Reward and swing the latter half, but will we make it to the bottom?
How do we trade this? 🤔
If you're not currently in a trade, I would wait until the price falls closer to the Support Zone and bounces or wait for it to break Resistance and long above it. Look to enter a long in the 1.06 area if a strong bull signal and confirmation plays out and trade a 1:2 Risk/Reward taking profit just shy of the Resistance Zone. Your protective stop should be below the Support Zone giving you a clear 1:2 Risk/Reward!
💡 Trade Idea 💡
Long Entry: 1.05800
🟥 Stop Loss: 104.100
✅ Take Profit: 1.09200
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Trading Range after Bull Run, Bias to Long.
2. Rejection at the Resistance Zone, Run Short to 1.06.
3. Look for Support at Support Zone 1.054.
4. Look for Reversal Pattern, Bull Signal and Confirmation.
5. RSI at 45.00 far below Moving Average, Bias to Short.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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