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F-EUR

Buy EURGBP Bullish PennantThe EUR/GBP pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of the prior uptrend after a brief consolidation phase. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 0.8576, positioned near the support line of the pennant. This offers an entry point close to the perceived continuation of the uptrend. Target Levels: Initial bullish targets lie at the following levels: 0.8616: This represents the height of the pennant, measured from the top trendline to the bottom trendline, projected upwards from the breakout point. 0.8640: This is a further extension of the upside target, based on the height of the previous price movement before the pennant formation. Stop-Loss: To manage risk, place a stop-loss order below the support line of the pennant, ideally around 0.8560. This helps limit potential losses if the price breaks down from the pennant pattern. Thank you
Long
by KABHI_FOREX_TRADING
1
EURUSD 25 Mar 2024 W13 - Intraday Analysis - US New Home SalesThis is my Intraday analysis on EURUSD for 25 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback. Price reached the 4H/Daily Supply and from there we could start the bearish continuation. Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started. 3. 4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS. After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High. Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation. 4. As expected, Price reached the 4H/Daily demand zone as referred to the deep INT Structure Pullback. Price created a Bullish CHoCH at the INT Structure Extreme which is a sign that the deep pullback may ended and we could be in the Bullish move to target the Weak INT High. More bullish price development on LTF is required to confirm the current expectations of continuation bullish. 15m Chart Analysis 1. Swing Bearish Internal Bullish Swing Pullback Phase 2. After the Bearish BOS we expect a Pullback. After mitigating the 15m/4H Demand zones, INT Structure turned Bullish confirming the Swing Low and the Swing Pullback Phase started. Expectations is set to for price to continue bullish till the Swing EQ/Premium to facilitate the Swing Pullback Phase. 3. Swing Extreme Supply zones on 15m nested within the 4H Supply for HP Swing Bearish Continuation.
by Amr-Sadek
EUR/USD is Aiming for 1.07 zone (3/25/2024)Hello Traders EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024". FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement. Right now the price has broken the upward channel and made a pullback on it. So we believe the price will reach lower levels. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Short
by fortunamarkets
EURJPY Approaching Channel Up top. Bearish signal.The EURJPY pair is very close to our 168.000 Target that we set on our last analysis (December 13 2023, see chart below): That is at the top of the 2-year Channel Up that started on the March 07 2022 Low. Technically after that, it calls for a short-term trend-reversal. As a result we modify the bullish Target to 167.400 and then will go for a short-term sell, targeting 164.500. This is because we have identified a short-term RSI bearish divergence pattern, which when the RSI in on Lower Highs and the pair on Higher Highs (i.e. Bearish Divergence), the price rises to the 2.0 Fibonacci extension and then pulls back to the 1.0. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
EURUSD - Wait For The Bulls 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bearish , trading within the falling wedge pattern in red. Currently, EURUSD is approaching the lower bound of the wedge. Moreover, it is retesting a strong support in green at $1.08. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline. 📚 As per my trading style: As #EURUSD is hovering around the circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
EURUSD 24/3/24Starting off our week with the EU chart on the hourly timeframe, we broke our swing structures lower and shifted bearish to line up with the daily timeframe, we have 3 projections here for this chart we are currently in a bearish structure which you can see highlighted in this markup. i am expecting price to drop lower into our demand zone marked up in green and then to shift our swing structures bullish ready for the pullback to create the next high in price. Alternatively we could have a bullish shift early on in the week then lead us into more bearish PA and our demand we have marked! Either way the trend is set and the markets are open, trade what you are given not what you want to see!
by rosshayes
This week’s 4 major trading eventsIn the United States, traders are awaiting insights from Federal Reserve policymakers, particularly Chief Jerome Powell, scheduled to speak on Friday. Fed members Bostic and Cook will also appear on Monday. Economic data in Europe will be limited this week due to the Easter break, with major bourses closed for Good Friday and Easter Monday. Perhaps the only event of note is ECB President Christine Lagarde speaking on Monday. In Japan, attention will be focused on minutes from the BoJ's recent meeting and the Summary of Opinions for insights into potential follow-up actions following the historic interest rate hike seen last week. In Australia, February’s inflation rate expectations for March, as well as consumer confidence, are expected to fall. Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you to plan your positions in advance and seize trading opportunities (see below for link)
TVC:DXY
by BlackBull_Markets
EURUSD 25-29 Mar 2024 W13 Weekly AnalysisThis is my Weekly analysis on EURUSD for 25-29 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ Swing Continuation (Pro Swing + Pro Internal) 2. After the Bearish iBOS we confirmed that the Swing Pullback is over and we will target the Weak Swing Low. 3. Price had reached the Bearish INT Structure extreme and initiated the Bearish Internal Structure Continuation. Expectation is to continue bearish and target he Weak INT Low. Daily Chart Analysis 1. Swing Bearish INT Bearish Swing Continuation / INT Pullback 2. After the Bearish iBOS we confirmed that the Swing Pullback is over and we are expecting price to target the Weak Swing Low. Also after iBOS we expected a pullback which we are currently in. 3. Price didn't reach a HP POI to continue down, but price seems to be reacting from the Liq on the left. With the current PA, expectation is set to target the Weak INT Low and further to the Weak Swing Low. 4. Daily and Weekly demand zones for reactions once reached. 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback. Price reached the 4H/Daily Supply and from there we could start the bearish continuation. Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started. 3. 4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS. After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High. Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation. 4. As expected, Price reached the 4H/Daily demand zone as referred to the deep INT Structure Pullback. We have now the 2 scenarios; if price will continue up targeting the Weak INT High we will respect the Strong Low. If price breaking the Strong INT Low, then the Daily view in play and we will target the 4H/Daily Weak Swing Low. Economic Events for the Week
by Amr-Sadek
EURUSD 22 Mar 2024 W12 - Intraday Analysis - US Powell SpeaksThis is my Intraday analysis on EURUSD for 22 Mar 2024 W12 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback. Price reached the 4H/Daily Supply and from there we could start the bearish continuation. Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started. 3. 4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS. After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High. Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation. 4. As expected, Price reached the Daily demand zone as refereed to the deep INT Structure Pullback. We have now the 2 scenarios; if price will continue up targeting the Weak INT High we will respect the Strong Low. If price breaking the Strong INT Low, then the Daily view in play and we will target the 4H/Daily Weak Swing Low. 15m Chart Analysis 1. Swing Bearish Internal Bearish 2. As expected, price failed to continue bullish after the reversal of FOMC News. With the Swing turning bearish, we confirmed the HTF bearish Continuation. 3. Last HP POI on 15m/4H for price to continue the bullish Swing. Longs makes sense from these POIs but with currently reversal of yesterday news, there is a HP that price will take out the Strong Swing Low to continue the 4H/Daily bearish structures.
by Amr-Sadek
Will EURJPY bearish momentum stall?EURJPY - Intraday Price action looks to be forming a top. A lower correction is expected. Short term bias is bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 163.40 level. We look to Buy at 163.40 (stop at 162.30) Our profit targets will be 164.40 and 164.70 Resistance: 167.35 / 168.95 / 171.20 Support: 161.90 / 160.00 / 158.70 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURO - Price can bounce up from support level to $1.0880Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to rising channel, where it reached support level, which coincided with support area. Soon, Euro broke this level and reached resistance line of channel, but at once fell back to $1.0800 level. Then EUR some time traded near support level and later made upward impulse to resistance area. After this, price exited from rising channel and started to decline in falling channel, where it broke $1.0940 level. Later Euro fell to support line of channel and then made upward impulse to resistance level, exiting from channel. But price bounced down and now trades near support level, so I think Euro can bounce up from this level to $1.0880 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
EURUSD: 1D Death Cross forming. Bearish or Bullish?EURUSD has erased most of yesterday's "Fed fuelled" gains with a strong 1D red candle that turned the 1D timeframe neutral again (RSI = 48.908, MACD = 0.002, ADX = 36.543). Amidst this volatility a strong technical development is going unnoticed. The pair is about to form the first 1D Death Cross since September 28th 2023 and only second since July 22nd 2021. While this is primarily a bearish technical pattern, the last Death Cross was formed on a market bottom. However the 1D MACD wasn't on a Bearish Cross as it is now. In fact out of the previous five MACD Bearish Cross in the last 12 months, four have been bearish and only once (July 4th 2023), the pair rebounded. The difference then was that the 1D MA50 held Support and initiated a rebound. Same kind of rebound as on December 8th 2023. Both rose by approximately +4%. So based on that past price action, how do we trade the current 1D Death Cross. As shown above, there are far greater probabilities of being a Sell Signal. However we won't trade it without confirmation first. You can see a short term Channel Up and a longer Channel Down. If the price crosses over the dotted top of the Channel Down, we will buy and target the top confluence with the dashed LH trendline (TP = 1.10850). Technically the leg can go even higher to around +4% from the bottom (as mentioned above that was the average rise of the legs that held the 1D MA50). If the price crosses under the Channel Up (naturally closes under the 1D MA50), we will sell and target the dashed LL trendline (TP = 1.06900), which will be a -2.67% from the recent top, like the December 8th 2023 decline. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
EURUSD 21 Mar 2024 W12 - Intraday Analysis - EU PMI/US PMIThis is my Intraday analysis on EURUSD for 21 Mar 2024 W12 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback. Price reached the 4H/Daily Supply and from there we could start the bearish continuation. Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started. 3. 4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS. After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High. Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation. 4. As expected, Price reached the Daily demand zone as refereed to the deep INT Structure Pullback. We have now the 2 scenarios; if price will continue up targeting the Weak INT High we will respect the Strong Low. If price breaking the Strong INT Low, then the Daily view in play and we will target the 4H/Daily Weak Swing Low. 15m Chart Analysis 1. Swing Bullish Swing Pullback Phase / Discount 2. With FOMC news, price created a bullish BOS. After the BOS we expect a pullback and currently price reached the Swing EQ and Discount zone. 3. Last HP POI on 15m/4H for price to continue the bullish Swing. Longs makes sense from these POIs but with currently reversal of yesterday news, there is a HP that price will take out the Strong Swing Low to continue the 4H/Daily bearish structures.
by Amr-Sadek
2