Eurusdtrading
EURUSD: Short-term short, medium-term long
In the short term, there is a need for a rebound in the DXY, so if you are trading related currencies like EUR/USD, it’s preferable to focus on short positions. The main resistance for the DXY rebound is around 102.
Analyzing from a broader trend perspective, the DXY is highly likely to break below 100 in the coming period. This can be used as a reference for medium-term trading of related currencies
#EURUSD: Another 300-400 Pips Achievable? Dear Traders,
We have an excellent buying opportunity, entry at the current price region can give you another 300- 400 pips from current price area. We already have entry when price had reached to the 'discounted price zone' where price rejected many times creating multiples strong wick rejections. That gave us indication price will be moving towards our target.
Good Luck
#EURUSD: Swing Buy 400+ Pips, Buying Opportunity! FX:EURUSD
Price fell to our discounted buying zone, now we expect price to bounce from the our zone. Still we are awaiting a strong buying volume to kick in the market which will help us targeting our take profit zone. Please use accurate risk management and we wish you all the best. Good Luck.
Team Setupsfx_
#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.
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Team Setupsfx_
#EURUSD: 500+ pips buying opportunity | Ready Before NFP?Dear Traders,
Hope you are doing excellent, we have a solid swing buying, we have nfp coming up next week this will be decider for EURUSD future price movement. However, there is also a possinlity that price can do the early mitigation which will not be ideal for as we currently expecting price to drop a bit more before it bounce.
good luck
EURUSD: Very Bullish Price Action 🇪🇺🇺🇸
The price action on EURUSD remains strongly bullish on a daily time frame.
With 3 consequent higher highs and 2 higher lows, the market is trading in a healthy bullish trend.
I believe that the pair has a good potential to continue growing.
Probabilities are high that the pair will retest the current high - 1.1047 soon.
❤️Please, support my work with like, thank you!❤️
EURUSD: An In-Depth Analysis and Timeless Trading Strategy👀 👉 The EUR/USD pair is the most traded currency pair in the world, and in this video, I take you through a comprehensive analysis of this highly liquid market. I also present a trade idea that can be considered for today. However, the concepts and strategies discussed are not limited to a single session—they can be applied at any time in the future across various market conditions.
In this video, we explore the key features and benefits of TradingView, highlighting some of the essential tools I use in my day-to-day analysis. Whether you're a seasoned trader or just starting out, these tools can enhance your market insights and trading precision.
We delve into critical concepts such as trend analysis, market structure, price action, and the methodology for pinpointing precise entry points on any given trading day. This strategy is not just a one-time trade idea; it’s a robust approach that can be utilized across different currency pairs, making it a versatile addition to your trading toolkit.
Please note that while this analysis is thorough, it should be used as part of a broader trading strategy that takes into account your personal risk tolerance and financial goals. Trading in the currency markets carries inherent risks, and it's important to approach it with a clear understanding of those risks.
EURUSD Anlaysis for tomorrow!Current Market Status:
Range-Bound: The EUR/USD pair is currently trading within a range, lacking significant directional momentum.
Key Levels:
Resistance Level: 1.09456
Support Level: 1.09051
Technical Setup:
Potential Buy Scenario:
Breakout Criteria: Awaiting a breakout and close above the resistance level at 1.09456.
Target: If the breakout occurs, the target for profit is set at 1.09912, which offers a potential gain of over 50 pips.
Market Sentiment: The sentiment is bullish above this level, suggesting increased buying interest.
Potential Sell Scenario:
Breakdown Criteria: Monitoring for a breakdown and close below the support level at 1.09051.
Target: Upon a confirmed breakdown, the target for profit is set at 1.08280, offering a potential gain of over 80 pips.
Market Sentiment: A break below this level could trigger further selling pressure, indicating bearish sentiment.
Technical Indicators:
Moving Averages: Analyze shorter and longer-term moving averages to confirm momentum and potential crossover signals.
RSI (Relative Strength Index): Monitor RSI levels for overbought or oversold conditions, especially near the key levels mentioned.
Volume Analysis: Check for increased trading volume on breakout/breakdown to validate the strength of the move.
Risk Management:
Stop-Loss:
For a buy trade above 1.09456, consider placing a stop-loss slightly below the breakout level to mitigate false breakouts.
For a sell trade below 1.09051, place a stop-loss just above the breakdown level to avoid premature exits.
Risk-Reward Ratio: Ensure that the trade setups adhere to a favorable risk-reward ratio, preferably 1:2 or better.
Trading Strategy:
Entry Strategy: Use limit or stop orders to enter the market at the breakout or breakdown levels.
Monitoring: Regularly monitor the price action and adjust positions based on market behavior.
Conclusion:
The EUR/USD is at a critical juncture, and tomorrow's price action around these key levels will likely set the tone for the next directional move. Whether you're looking to capitalize on a breakout or a breakdown, remain vigilant and adhere to your trading plan. Let's seize this opportunity and maximize our profits.
This brief provides a clear, concise overview of the potential trading scenarios for EUR/USD based on the current market conditions. It includes actionable strategies and key technical considerations for making informed decisions.
EURUSD Anlaysis for tomorrow!Current Market Status:
Range-Bound: The EUR/USD pair is currently trading within a range, lacking significant directional momentum.
Key Levels:
Resistance Level: 1.09456
Support Level: 1.09051
Technical Setup:
Potential Buy Scenario:
Breakout Criteria: Awaiting a breakout and close above the resistance level at 1.09456.
Target: If the breakout occurs, the target for profit is set at 1.09912, which offers a potential gain of over 50 pips.
Market Sentiment: The sentiment is bullish above this level, suggesting increased buying interest.
Potential Sell Scenario:
Breakdown Criteria: Monitoring for a breakdown and close below the support level at 1.09051.
Target: Upon a confirmed breakdown, the target for profit is set at 1.08280, offering a potential gain of over 80 pips.
Market Sentiment: A break below this level could trigger further selling pressure, indicating bearish sentiment.
Technical Indicators:
Moving Averages: Analyze shorter and longer-term moving averages to confirm momentum and potential crossover signals.
RSI (Relative Strength Index): Monitor RSI levels for overbought or oversold conditions, especially near the key levels mentioned.
Volume Analysis: Check for increased trading volume on breakout/breakdown to validate the strength of the move.
Risk Management:
Stop-Loss:
For a buy trade above 1.09456, consider placing a stop-loss slightly below the breakout level to mitigate false breakouts.
For a sell trade below 1.09051, place a stop-loss just above the breakdown level to avoid premature exits.
Risk-Reward Ratio: Ensure that the trade setups adhere to a favorable risk-reward ratio, preferably 1:2 or better.
Trading Strategy:
Entry Strategy: Use limit or stop orders to enter the market at the breakout or breakdown levels.
Monitoring: Regularly monitor the price action and adjust positions based on market behavior.
Conclusion:
The EUR/USD is at a critical juncture, and tomorrow's price action around these key levels will likely set the tone for the next directional move. Whether you're looking to capitalize on a breakout or a breakdown, remain vigilant and adhere to your trading plan. Let's seize this opportunity and maximize our profits.
This brief provides a clear, concise overview of the potential trading scenarios for EUR/USD based on the current market conditions. It includes actionable strategies and key technical considerations for making informed decisions.
1-Hour Chart AnalysisVist fourtrades website for market analysis link in the bio
Current Price: 1.09208
Trend: The daily and 4-hour charts remain bullish.
Key Levels:
Resistance: 1.09600 - 1.09700
Support: 1.09000 - 1.08900
The 1-hour chart indicates that EUR/USD is experiencing a short-term pullback within a broader bullish trend. The price is currently consolidating just below a key resistance level. If the price breaks above the resistance zone, it could target the upper resistance level around 1.09600 - 1.09700. Conversely, a failure to break above may result in a decline towards the support zone at 1.09000 - 1.08900.
EURUSD Technical Analysis and Trade Idea 👉🔍In this video, we closely examine EURUSD. Recently, the EURUSD has experienced a strong bullish rally but now appears overextended and has reached a key resistance level. Given this overextended move, I'm looking for a buy opportunity on a Fibonacci retracement.
In the video, I share my insights on price action, market structure, and the trend. Remember, this content is for educational purposes only and not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
EURUSD Trade Idea👉 My bias for EURUSD is bearish according to this 4H chart. We can clearly see lower highs and lower lows, along with a break in market structure to the downside, accompanied by significant displacement with the candle above the break. As always, trading involves risk. This is not intended as financial advice, and it's wise to trade responsibly with consistent and conservative risk management.