EURUSD sell still bearishEURUSD sell still bearish.
I do not see any signals for reversal (at the moment)
Eurusdtradeidea
Eurusd Big Short Hello Guys so last week we have seen a decent decline for the downside in euro dollar and massive upside on a dollar index expecting same to continue for the next week. expecting eurusd to keep declining as target is below the support area of 1.0630 level.
Time for a pullback in EUR/USD? 1.09 soon?Similar to GBP/USD, EUR/USD has been on a relentless downtrend
for the last few weeks. However, the price is at a very interesting level now.
With FOMC event coming up, let us analyze and see if there is a chance
for the bulls.
📌EUR/USD is currently around the key level at 1.0640. Price has in fact,
shown a small bounce from this key level.
📌If the support level at 1.0640 holds, I expect EUR/USD to go further
towards 1.0857 and 1.09.
📌 Traders can consider buying EUR/USD@1.0640-1.0660 with SL below
1.06 and initial TP at 1.0850 . The buy trade should be placed only
if the key level at 1.0640 remains unbroken .
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD market analysis
The U.S. dollar was still very strong last week. However, it did not break through a new high. It continued to fall in the next two trading days. So I think the price of the euro against the U.S. dollar will continue to fall next week.
trading signals sell1.1140 tp1.0500
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EURUSD: Downtrend!EUR/USD languishes near six-month low, looks vulnerable below mid-1.0600
EUR/USD vulnerable after decisive break below 1.0700, resuming downtrend. A daily close below 1.0650 suggests the pair remains vulnerable to further losses as it looks for the following support to emerge at 1.0625 and then 1.0595. A rally above 1.0830 will change the current outlook to neutral.
EUR/USD Under Pressure: Could 1.0515 be the Next Floor?The EUR/USD currency pair is under significant downward pressure, hitting a six-month low. The ECB's mixed signals, despite a rate hike, along with strong U.S. economic data, are contributing to the Euro's decline. Analysts forecast potential further depreciation, targeting March's low of 1.0515. However, China's robust economic data could offer some cushion. Resistance for the EUR/USD pair stands at 1.0730.
TRADE IDEA DETAILS
CURRENCY PAIR: EUR/USD
CURRENT TREND: Bearish
TRADE SIGNAL: Sell
👉ENTRY PRICE: 1.0650
✅TAKE PROFIT: 1.0520
❌STOP LOSS: 1.0700
ANALYSIS:
Given the current bearish sentiment supported by ECB's dovish outlook despite a rate hike, and the strong economic indicators from the U.S., a sell trade seems warranted. The strong resistance level at 1.0730 suggests that the pair is unlikely to break this level in the short term.
FINAL THOUGHTS:
This sell trade aims to capitalize on the bearish outlook for EUR/USD, reinforced by both technical and fundamental indicators. Strong U.S. economic performance and mixed signals from the ECB suggest a continued downward trend in the short term. However, one should remain cautious due to external factors such as positive Chinese economic data.
EURUSD 4-Hour Chart Analysis possible pull-backExamining the 4-hour chart of EURUSD, we observe that the price has reached our anticipated level of 1.07080. At this point, there is an 88.6% Fibonacci retracement of the May-July rally. Furthermore, the Relative Strength Index (RSI) for the current pair indicates oversold conditions, suggesting that EURUSD might be poised for a defensive rebound towards levels around 1.08050 to 1.08350.
However, it's important to note that from this rebound zone, there is a potential for the price to resume its downward movement, targeting the May 31st low of 1.06300. We anticipate the possibility of the price falling below this level, which could pave the way for a move towards the March 15th low of 1.05200. This latter level serves as our initial target for mid-term short positions.
Please remember that trading carries inherent risks, and market conditions can change swiftly. This analysis is for informational purposes only and should not be considered as financial advice. Always exercise prudent risk management and consider various factors when making trading decisions.
EURUSDEURUSD is currently undergoing a retracement, approaching my initial entry point, which presents an opportune moment for a potential re-entry. Upon the completion of this retracement, I anticipate a continued downward trajectory for EURUSD, potentially leading to the establishment of a new lower low.
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD possible buy and sell zone!!Currency Pair : EURUSD
Possible direction : Bullish/Bearish
With Main Refinancing Rate and Monetary Policy Statement coming up, there is very high chance for EURUSD to fill the FVG that has left daily 20EMA as the pricing in 4h moving with a bullish channel. Todays price still above the previous daily low, means, very high probability bulls will try to keep the higher low maintained. As 4h bullish channel is still on, we could see a break of the channel to the upside, which could lean the price to the FVG and breaking the high to the liquidity zone and from that place, we could see sell of to the monthly support zone.
The possible entry would be ideal on the daily support a buy after rejection and a sell upon liqudity grab from the FVG.
Please leave a like if you enjoy this analysis and comment below what do you think, which way EURUSD is heading with the news?
EURUSD: What to know in markets on Thursday!- EUR/USD is holding on to recovery gains near 1.0750 as the US Dollar (USD) remains behind according to mixed US Consumer Price Index (CPI) data.
- The annual measure of US inflation rose 3.7% in August, compared with an expected 3.6% increase. CPI rose 0.6% in August, the biggest monthly increase of 2023 and in line with market estimates. Core CPI rose 0.3% and 4.3%, respectively, compared with estimates of 0.2% and 4.3%.
- US S&P 500 futures boost market optimism, as US data underpins Federal Reserve (Fed) pause bets.
- The yield on the benchmark 10-year US Treasury note fell to 3.21%.
- On Tuesday, Germany's ZEW Economic Sentiment improved to -11.4 in September. However, the index measuring current conditions hit a three-year low at -79.4. "Financial market experts are even more pessimistic about the current economic situation in Germany than in August 2023," the ZEW Institute said.
- The ECB event will be decisive for the short-term direction of the EUR/USD pair, as the focus turns to the Fed's policy announcements next week.
EURUSD: ECB detects leaked reportEUR/USD retreated moderately on Tuesday. It jumped to 1.0769, its highest in a week during the Asian session, but then reversed course, holding above 1.0700. Markets await US consumer inflation data and the European Central Bank meeting.
Data released on Tuesday showed a mixed survey by Germany's ZEW. The current conditions index weakened further to -79.4 (lowest since August 2020) down from -71.3, while the Expected index reached -11.4, above the -15.0 forecast. The report provides more signals about a potential recession in Germany and the Eurozone. These factors weigh on expectations of an interest rate hike by the European Central Bank.
EURUSD Analysis H1Here is my analysis for EURUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD - Break of Berish TrendEURUSD broke the last recent LH and is now continuing the Bullish Trend. having Divergence at the RSI, we can take trade. stop loss below recent LL.
EURUSD: Investors wait for CPIThe EUR/USD currency pair experienced a slight recovery after reaching a new low below 1.0700 on Thursday. Although the bearish bias of the pair remains, there is potential for support due to profit-taking and an improved risk sentiment leading up to the weekend.
On Thursday, the US Dollar continued to strengthen against its counterparts following positive weekly data. The number of initial applications for unemployment benefits decreased to 216,000 in the week ending September 2 from 229,000. Additionally, Unit Labor Costs for the second quarter were revised higher from 1.6% to +2.2% in the Bureau of Labor Statistics' initial estimate.
EURUSD Analysis 9Sep2023Last week the price responded well to the resistance area in the red line. There has been no sign of reversal until the market closing. There is a possibility that the bearish movement is limited, where the price will continue bearish with the target in the resistance area and the possibility in that area there is resistance. If you want to do a long, wait until the minor reversal is formed
EURUSD 1 min tradingHere you can see how 1 min tf trading looks and everything is on the chart if you see.
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Breakout TradeEURUSUD wait for breakout and trade in the direction of breakout or place your but and sell stop.
Manage your risk according to account size!
EUR/USD Faces Turbulence Amid Sluggish Eurozone DataThe EUR/USD currency pair saw a decline to 1.0726, impacted by weak Eurozone economic indicators and a hawkish ECB stance on inflation. On the other hand, the US displayed better-than-expected Factory Orders, along with Fed hints at possible rate adjustments. The pair has also broken below key technical support levels, capturing market attention for future moves.
TRADE IDEA DETAILS
CURRENCY PAIR: EUR/USD
CURRENT TREND: Bearish
TRADE SIGNAL: Sell
👉 ENTRY PRICE: 1.0720
✅ TAKE PROFIT: 1.0635
❌ STOP LOSS: 1.0770
ANALYSIS:
The pair has shown a consistent downward trend, breaking below key technical indicators such as the 200-DMA at 1.0819. Fundamental indicators like the disappointing PPI and PMI data for the Eurozone also point to further downside risks. The hawkish stance from ECB amidst economic slowing adds to the pressure on the EUR. Conversely, the US is showing economic strength, offering support to the USD.
TRADE PLAN:
Enter a sell position at 1.0720.
Set the stop loss at 1.0770 to limit potential losses, given that this level serves as a strong resistance point.
Target a take profit at 1.0635, the May 31 low, offering a reasonable exit for a short-term trade.
Monitor upcoming US PMI data and Federal Reserve meetings for any drastic changes that could affect the trade.
FINAL THOUGHTS:
Given the fundamental and technical indicators, a sell signal appears to be the more appropriate trading decision for EUR/USD at this juncture. The trade offers a good risk-reward ratio, aligning well with the current bearish trend. Traders should remain vigilant for updates that could shift the market dynamics.
