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EUR/USD Sells to continue from 1.08300 or 1.08500EU Analysis Breakdown: My bias for EU aligns closely with GU, anticipating a continued bearish trend as long as the DXY remains bullish. I’ve marked out two supply zones and will wait for either to be mitigated, followed by my lower time frame execution model involving Wyckoff principles. Once I spot a Wyckoff distribution pattern, liquidity sweep, and CHOCH, I’ll initiate a sell position to keep with the downward trend. If price reaches the 9-hour demand zone at 1.07500, I’ll assess potential buy opportunities there. Confluences for EU Sells: - Strong bullish momentum in the DXY supports a downward bias for EU. - EU’s consistent bearish structure aligns with this trend-following approach. - An untouched supply zone provides a key area for potential sell entries. - Significant downside liquidity offers additional targets. P.S. Price could alternatively rise due to the liquidity above the supply zone, particularly around Asia session highs. Trade safely and stay smart out there!
Short
by Hassan_fx
EURUSD Multi Timeframe Analysis 25.10.202415m Swing Bullish , Internal Bullish , but his could be to mitigate current unmitigated 4H supply Bullish momentum is strong after sweeping daily low liquidity so I assume and will look for longs to stay with the bullish pressure until it turns out the other way Pricing in 4H supply now so we might see 15m fractal shift to bearish and give us quick short possibilities. But I will look for confirmation longs from 15m demand range nested in 4H demand, which is marked on the chart.
Long
by alplaila
EURUSD Reversal in Sight: Is a Bounce to 1.095 Next Or 1.05?In my last EURUSD trade post from August, we anticipated a strong sell-off from the 1.12 level (see related post). Price action has unfolded just as expected, with a sharp decline in recent weeks. So, what’s next? Looking at the charts, a short-term correction toward 1.09500 could be on the horizon. Let’s break down the charts. Starting with the Monthly charts, we can clearly see that EURUSD has been range-bound for nearly two years, fluctuating between 1.12 and 1.055. Zooming into the weekly charts, the recent sell-off has driven the price deep into this range, reaching two key support levels: diagonal support and the August low, both highlighted in the image below. However, we can’t start buying at these levels just yet. The next step is to zoom into the daily charts to check for any signs of momentum shifting. On the daily charts, the downward move is clearly overextended, and the market is extremely oversold—my first clue that a potential buying opportunity may be approaching. To confirm this analysis, I’ve zoomed into the 4-hour chart, and here I’m seeing divergence on the MACD, suggesting that sellers may be running out of steam. My strategy for this setup is to wait for a break of the 4-hour trendline, then watch for the next correction downward. Once that happens, I’ll use my TRFX indicator and enter on the first 4-hour signal. The target for this trade will be the 1.095 resistance level, as I expect buyers to re-enter here, potentially pushing the market back down to the bottom of the range. Let me know your thoughts below!
Long
by TheFxAce
5
EUR/USD Technical Analysis: (READ DESCRIPTION)EUR/USD Technical Analysis: Bullish Outlook Pivot Point: 1.0775 EUR/USD is currently showing signs of a potential upward move, with support firmly established at 1.0775. The technical indicators suggest a preference for long positions as the pair is poised for further gains. Our Preference: Long Positions Recommended Trade: Long positions are favored above 1.0775, with targets set at: First Target: 1.0805 Second Target: 1.0820 This indicates a potential rise of 12 to 27 pips as the bullish momentum strengthens. Alternative Scenario: Downside Potential If EUR/USD falls below 1.0775, consider looking for downside targets at: First Target: 1.0760 Second Target: 1.0745 This would suggest a shift in momentum and potential downward correction. Technical Indicators: RSI (Relative Strength Index): The RSI calls for a new upward leg, showing buying strength and bullish momentum. MACD (Moving Average Convergence Divergence): The MACD is positive, supporting the bullish configuration. Moving Averages: The price is trading above both its 20-period and 50-period moving averages, reinforcing the positive outlook. Price Action and Trends: Above 1.0775: As long as the price remains above this pivot point, the upside trend is expected to prevail, potentially targeting 1.0805 and 1.0820. Below 1.0775: A break below this support level would invalidate the bullish scenario, opening up potential losses toward 1.0760 and 1.0745. This would indicate a shift in momentum, suggesting a corrective move in price action.
by CharivapaAlgo
EURUSD With two probabilities for 10/24/2024EURUSD with a high probability to make the decision for 10/24/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.
Short
by Abderrahmane_24
1
Fresh demand zone in the EUR/USD pairHello everyone, I've identified a fresh demand zone in the EUR/USD pair, and the location looks quite promising. You can approach this trade in two ways: either set a buy limit at the weekly demand zone or use price action to enter on lower timeframes. Personally, I use both strategies. As always, it's essential to apply proper money management and never trade without setting an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be evaluated over a series of trades, not just one. Thanks!
Long
by UnknownUnicorn89138523
EURUSD Multi Timeframe Analysis 23.10.20241.08111 low got swept as I mentioned on my earlier analysis. Friday's daily candle closure as inside bar has also been played out as expected. But bearish momentum is quite strong. Imo, current Daily Demand zone is the strongest to give price a bullish momentum ( other than any. red flagged fundamentals upcoming days ) 15m Swing, Internal Bearish and price is currently in 15m supply. We possibly could get a bearish momentum from here My expectation is, low to get swept then strong bullish momentum to kick in. But as we trade the facts and not the expectations, I will cautiously follow bearish order flow. At least wait prize to mitigate 4H supply ranges. For longs, ideal to wait for 4H candle closure above 1.08382
by alplaila
SasanSeifi|Bearish Momentum Targets Key Support Levels! Hey there, ✌ OANDA:EURUSD In the daily timeframe, the price advanced toward the liquidity level of 1.11300 and the 1.12 price range with a significant upward trend. Following this rise, corrections occurred, and after forming a low, the price again moved towards the key 1.12 level. However, with the failure to break the previous high, a double top was formed, leading to another wave of corrections. ⏭Currently, after breaking the low at the 1.10 level, the price has retraced to 1.095. The overall outlook is bearish, with potential corrections targeting 1.086 to 1.082. If momentum weakens around the support range of 1.095 to 1.090 and a confirmation is received, the price may enter a consolidation phase, ranging between 1.10, 1.10400, and 1.10800. 🔹After this, we might see a pullback followed by further corrections. Monitoring price reactions at the first demand zone will provide better insight. However, if the selling pressure continues and the demand zone is broken, the price could target the corrective levels of 1.086 and 1.082 within the FVG and order block areas. This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Short
by SasanSeifi
2
EUR/USD Technical Analysis: (READ DESCRIPTION)EUR/USD Technical Analysis: Bearish Momentum in Focus Pivot Point: 1.0840 The pivot point at 1.0840 acts as a crucial resistance level for the EUR/USD pair. As long as the price remains below this level, a bearish outlook is favored in the near term. Our Preference: Short Positions Recommended Trade: Short positions are preferred as long as the price stays below the 1.0840 pivot. The expectation is for a downward move toward key support levels. Target Levels for Downside Movement: First Target: 1.0800 This is the initial support level, where traders may consider taking profits or evaluating a potential further decline. Second Target: 1.0780 If the first target is breached, the pair could extend its losses toward 1.0780, signaling further downside pressure. Alternative Scenario: Upside Risks If the price rises above 1.0840: Bullish Outlook: First Target: 1.0855 Second Target: 1.0870 These levels represent potential resistance areas that could be tested in the event of a bullish reversal. Technical Insights: Bearish Signal: As long as the resistance at 1.0840 remains intact, the likelihood of a break below 1.0800 is significant. The downside momentum appears strong, with the price struggling to breach higher resistance levels.
by CharivapaAlgo
EURUSD Multi Timeframe Analysis 18.10.202415m Swing, Internal and Fractal Bearish and we are now testing fractal supply. We might get a bearish momentum to kick in from here or price could target deeper levels to mitigate premium supply zone For shorts it makes sense to follow Bearish order flow. For longs ideal to wait 4H Internal ( or 15m Swing ) to shift bullish I have already mentioned couple of times that we could get fake breaks as we are in unmitigated daily demand range now and we already had fake bullish 4H ChoCHs. This could be to target unmitigated supply zones. Wait for strong bullish momentum to play longs.
Short
by alplaila
2
EURUSD Multi Timeframe Analysis 17.10.202415m Swing, Internal and Fractal Bearish Recent supply that price currently testing is the strongest range to hold the price imo. The one placed between 1.08592-1,08622 is very likely to fail, thats why I have not mentioned on the chart We now have mitigated the extreme Daily Demand range and we likely get a bullish reaction but we might get couple of fake breaks in low time frames before price pushes up. Ideally wait for 4H Internal Structure to shift bullish I will look for quick 15m setups ( buy / sell ) if I see any and publish here as update as I have done before
by alplaila
EurUsd in search of supportAs anticipated in my previous analysis, EUR/USD dropped from the 1.12 resistance level and successfully hit my 1.10 target. The pair continued to decline, breaking below the 1.0950 technical support, and is now heading toward the next key level at 1.08. I expect the 1.08 level to be reached, followed by a period of consolidation and a potential rebound. In conclusion, I’m looking to buy around this level, aiming for a target of approximately 100 pips.
by Mihai_Iacob
2