Eurusdtradeidea
EURUSD ShortLooks good for a short at this point.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EURUSD TradeAfter taken liquidity of the buyside and change of character we will a drop of the price to fill FVG of liquidity void we considere FVG of 5min an entry point
EURUSD bearish if breaks below the swing lowHey traders, here is the analysis for the DXY. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
Eur Usd Scalp LongBullish Analysis for EUR/USD Scalp Long from 1.10042 - 1.09895 - 1.09778 (Bearish Correction)
Introduction:
Within the context of a bearish trend in the EUR/USD currency pair, a short-term bullish correction seems to be developing. This analysis focuses on the potential for a scalp long trade within the specified price range of 1.10042 to 1.09778, taking advantage of the expected temporary upside movement.
Bearish Trend in Place:
The EUR/USD pair has been in a sustained bearish trend, with a series of lower highs and lower lows on the price chart. It is essential to acknowledge this overall trend and understand that the scalp long trade being considered is a short-term counter-trend move, not a full-fledged trend reversal.
Corrective Price Action:
During a downtrend, it is common to witness short-term corrective price movements that run counter to the main trend. The price range from 1.10042 to 1.09778 appears to be one such area where buyers have stepped in to create a temporary correction, potentially retracing part of the recent bearish move.
Overextended Market Conditions:
The bearish trend may have led to oversold market conditions on various oscillators and short-term indicators. This oversold state indicates that the selling pressure might have exhausted itself for the time being, making room for a short-term bounce to the upside.
Risk-Reward Opportunity:
Given the potential for a short-lived bullish correction, a scalp long trade from the specified price range offers an attractive risk-reward opportunity. Traders can target a relatively modest profit within the correction, while keeping stop-loss levels tight to protect against a potential resumption of the primary bearish trend.
Conclusion:
Considering the prevailing bearish trend in EUR/USD, the potential for a short-term bullish correction from 1.10042 to 1.09778 is worth exploring for a scalp long trade. However, it is crucial to approach this trade with caution and strict risk management, as the primary trend remains bearish. Scalp trades can be highly sensitive to market fluctuations, and traders should be prepared to act swiftly to secure profits or limit losses. Always monitor the price action closely and be prepared to exit the trade if the underlying bearish trend reasserts itself.
EURUSD: German Flash Services PMIThe EUR/USD has moved higher above the 1.1100 level after bouncing back from its lowest point in a week. However, it remains uncertain around 1.1130 during early Monday morning in Europe. The lack of clear direction is evident as the Euro pair defends yesterday's rebound from a horizontal support zone that has been in place for three months, currently ranging from 1.1100 to 1.1090.
This corrective pullback reflects the market's anticipation of today's preliminary readings of the US and Eurozone PMIs for July. Additionally, there is a sense of caution ahead of the European Central Bank (ECB) and Federal Reserve (Fed) monetary policy decisions.
Rising wedge. SHORT AFTER RETEST.FX:EURUSD OANDA:EURUSD
Entry-1.11100
Tp-1.08501
SL-1.11706
READ on the charts for clear view of analysis . THANK YOU
EURUSD We have been in a short position on this pair for a few days now and so far, we are at 125 pips in profit. However I expect another retest around the 1.11112 zone and if it holds, the bearish move continues which means another opportunity for a re-entry
Once Again EURUSD will hit resistance.Here in EURUSD we find the Major supports & a resistance area so by the level of support & the history pull backs we believe the Fly of EURUSD pair back to resistance in order to complete the W-Shaped pattern & to fall further.
SELL LIMIT EURUSD at 1.0955->1.096, TP 1.09 and 1.084I use SMC Strategy to make this Setup with RR 1:3.4
Entry at 1.0955->1.096
SL: 1.1
TP1: 1.09
TP2: 1.084
TP3: 1.082
My Setups are usually simple and straightforward
I will update this Setup regularly
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 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.
EURUSDAlthough this is not yet very clean to me, I will still keep an eye out for this.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EURUSD Tradeafter taking liquidity from the buyside and changing character on break of structure we wait for the price to fill FVG and then we consider it as an entry point
EURUSD: The EUR/USD pair is showing signs of improvement in the Asian session on Thursday, bouncing back from its recent decline to a multi-day low of 1.1175. Currently, spot prices are trading around 1.1225, representing a 0.20% increase for the day. However, they are still significantly below the peak reached on Tuesday, which was the highest level since February 2022.
Support levels: 1.1175 1.1140 1.1090
Resistance levels: 1.1250 1.1295 1.1230
EURUSD BUYHi fellow traders, EURUSD is completing a WXY correction. Look for a buy opportunity either from here or slightly lower within the blue box. Target the resistance levels. Good luck and trade safe!
Staying Vigilant: EUR/USD Potential Momentum ShiftsExpert analysts from Commerzbank, Scotiabank, and ING share insights on the EUR/USD pair. As the market anticipates an ECB rate hike, caution is advised. The Euro's trajectory might pause, making it crucial to stay vigilant. Scotiabank suggests a potential bearish trend, while ING warns of room for correction in the overvalued EUR/USD. Economic concerns in the Eurozone add to market uncertainty, emphasizing the need for informed trading decisions.
The EUR/USD pair has been experiencing a bearish trend in recent days, as indicated by multiple technical indicators and fundamental analysis. Price action has shown a break below the key support level at 1.1200, suggesting a potential continuation of the downtrend.
TRADE IDEA DETAILS
CURRENCY PAIR: EUR/USD
CURRENT TREND: Bearish
TRADE SIGNAL: Sell Signal
👉ENTRY PRICE: Approximately 1.1200
✅TAKE PROFIT: Around 1.1125
❌STOP LOSS: Above 1.1250
EURUSD tradeafter liquidity taken of the selll side and retracement of the price to fill FVG in 5min and rejection of thre goldene zone Fibonacci we have a optimal trade entry so will see a increase of the price
EURUSD Analysis 19July2023the price is currently in the support area, but for the time being there is no bullish candle as a sign of strengthening or continuing the bullish trend. there is a possibility that the price will go down first to the SnD area
EURUSD: Downtrend in an uptrend!The EUR/USD pair traded calmly within a range of 50 pips on Monday, maintaining its upward momentum. After meeting buyers around 1.1200 early in the week, EUR/USD fluctuated around the 1.1240 level as the US session ended.
The optimistic sentiment was partially overshadowed by warm data from China, as Q2 GDP missed expectations by printing at 6.3% YoY. Despite scarce macroeconomic calendar for the rest of the day, the US dollar remained weak, especially during the US trading hours.
Support levels: 1.1180 1.1150 1.1110
Resistance levels: 1.1250 1.1295 1.1230
EURUSD BUYThis pair is very bullish but in " no mans land" so ideally waiting for the pull back in order to look for buys, however would consider an entry if if breaks structure with a 4H close followed by a retest and a HH on the 15m
EUR USD Bearish Divergence 1 hr FOREXCOM:EURUSD EUR USD continue up more then 7 days now take some rest of this Zone.
Bearish Divergence is Mature in 1 hr and 4 Hr TF. Now wait for Break of H.L Then Enter short sell Entry
Profit Target 50 to 80 Pips
EURUSD: refreshes multi-month top above 1.1200The latest minutes of the European Central Bank (ECB) meeting have been released, stating that the Governing Council may consider raising interest rates beyond July if needed. This aligns with recent statements made by President Lagarde, and a hike in July is already expected. However, data from Thursday's release showed that Industrial Production in the Eurozone only grew by 0.2% in May, falling short of the market expectation of 0.3%. The European Commission will also release economic growth forecasts and trade balance data on Friday.
