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EURUSD.P trade ideas

EURUSD NEXT POSSIBLE MOVESAXO:EURUSD As of February 10, 2025, the EUR/USD pair is trading near the 1.0400 level, exhibiting a consolidation phase. Technical Overview: Current Price: Approximately 1.0400 Resistance Levels: 1.0450, 1.0500 Support Levels: 1.0350, 1.0300 Technical Indicators: Relative Strength Index (RSI): Neutral, indicating a balance between buying and selling pressures. Moving Averages: The pair is trading near the 50-day moving average, suggesting a lack of clear directional bias. Trade Recommendation: Given the current consolidation, initiating a buy position could be considered if the price breaks above the immediate resistance level. Entry Point: Buy at 1.0420 Take Profit (TP): 1.0500 Stop Loss (SL): 1.0370 Risk Management: This trade setup offers a 1.6:1 reward-to-risk ratio. Ensure that your position size aligns with your risk tolerance and overall trading strategy. Given the potential for increased volatility, it's crucial to employ strict risk management practices. Conclusion: The EUR/USD pair is currently in a consolidation phase. A break above the immediate resistance could present a buying opportunity, but traders should remain cautious and manage risk appropriately. Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.
Long
by RBSBALA
EURUSD InsightHello, subscribers! I’m glad to have you all here. Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - The Bank of England cut its benchmark interest rate by 25 basis points, with some policymakers advocating for a bigger cut. - U.S. nonfarm payrolls for January increased by 143,000, falling short of the market expectation of 170,000. The January unemployment rate came in at 4.0%, lower than the market estimate of 4.1%. The market still views the labor market as strong. - Former U.S. President Trump stated that reciprocal tariff discussions would take place on Monday or Tuesday following the U.S.-Japan summit. Speaking to reporters aboard his private jet en route to New Orleans for the Super Bowl on the 9th, he announced plans to impose a 25% tariff on all steel and aluminum imports into the U.S. Key Economic Events This Week + Feb 10: New York Fed 1-year inflation expectations + Feb 11: Fed Chair Powell's speech + Feb 12: U.S. January CPI, Fed Chair Powell's speech + Feb 13: U.K. Q4 GDP, Germany January CPI, U.S. January PPI + Feb 14: U.S. January retail sales EUR/USD Chart Analysis The pair has been facing resistance around the 1.04500 level, leading to a continued downtrend. Repeated failures to break above resistance suggest further declines ahead. In the medium to long term, a drop toward the 1.00500 level, near parity, is expected. However, if the price rises to 1.06000, the medium- to long-term trend would shift to an uptrend, prompting a quick adjustment in strategy.
Short
by shawntime_academy
EUR/USD IN BULLISH TREND AT 1.03150🚀 EUR/USD Forecast & Level Analysis EUR/USD has completed its support zone and formed a strong bullish candle, signaling a potential upside move toward its technical target of 1.0580. 🔄 Key Levels to Watch Support Zone: 1.02100 (Confirmed as a strong base) First Resistance: 1.03880 Second Resistance: 1.04550 Technical Target: 1.05800 🔍 Market Outlook Bullish Confirmation: The breakout from support indicates potential further upside. Breakthrough Levels: A strong move above 1.03880 could push the price toward 1.04550 and beyond. Pullback Opportunities: If EUR/USD retests 1.02100, it could offer fresh buying opportunities before resuming its uptrend. 💡 Trading Plan: Look for buy entries above 1.02100, targeting 1.03880 and 1.05800. Stop-loss: Below 1.02100 to manage risk. Monitor price action at resistance zones for potential breakout confirmation.
Long
by ALBERTGOLDHUNTER
EUR/USD & GBP/USD - Is the Bull still alive...After the Trump tariffs gap last week, the EUR/USD and GBP/USD experienced a significant gap down but recovered nicely. GBP/USD positions were closed at a small profit to protect overall risk but still holding long positions on the EUR/USD and continue to look for 1.0600 as long as price does not exceed 1.0200. Expecting some volatility this upcoming week especially with Fed chairman Powell testifying on both Tuesday and Wednesday. Will keep an eye on price action and it's development. Aside from FX, still holding SOXL and looking for the gap to be filled but keeping a close eye on the breakdown below $24. Good Luck & Trade Safe.
by InternalTraderNYC
EURUSD 9/02/25Another week is her and we are back with our Sunday markups to start the week off with a clear idea of what we want to see and what we want to trade, as you can see our Orion system is telling us price is most likely running bullish, unless Orion changes we will follow the bias! now of course we know that the big money player are driving the price higher but we have a clear area that we want price to reach which will allow us to follow these big movers, these areas are below price which mean we have to have a counter bias move to be able to get into that long shift. so always keep in mind for us to follow long we must first have shorts in play, big money cant get entries without causing a counter move first. our main interest is for the high volume lows that are narked in gold dotted lines to be ran and then the highs marked above to be taken out, this would in turn give us our long move that is currently in our bias. Trade safe, follow your risk profile and trade your rules.
Long
by PipSurfingSociety
Price Action: Traps of Market MakersHave you ever felt confident about a market trend, only to watch the price suddenly reverse direction? Or found yourself following what seemed like a clear price movement, only to realize it was a false signal? Don't blame yourself or your trading strategy. What you're experiencing is likely the work of market makers who strategically create traps to trigger stop losses and pending orders. In this post, we'll dive into these market traps – learning how to identify them, understanding their different types, and most importantly, discovering how to turn them into profitable opportunities. What are market maker traps? At their core, market traps are deceptive price movements designed to create an illusion of a genuine trend, convincing traders to take positions before the market reverses course. 📍 1. The False Double Pattern Trap At its core, most market traps manifest as false breakouts of key levels. One of the most common examples is the deceptive Double Top/Double Bottom pattern. If you have traded these patterns, you have probably noticed something interesting: the second top is often slightly higher than the first, while the second bottom tends to be slightly lower than the previous one. This contradicts the traditional pattern theory, which suggests the second top should be lower, indicating market weakness. What's really happening here? Large market players deliberately push prices beyond these levels to trigger the stop losses and pending orders of smaller traders. Once they've captured this liquidity, the market reverses, revealing the trap. 📍 2. The Trend Continuation Trap This trap is perhaps the most devastating for traders. Traditional market wisdom tells us that a bearish trend consists of progressively lower highs and lower lows. When a previous high gets broken, conventional technical analysis suggests the bearish trend has possibly ended. However, reality often plays out differently. The price might briefly break above a local maximum, triggering stop orders and creating the illusion of a trend reversal. Instead of reversing, though, the price continues its original downward trajectory. This phenomenon is particularly visible on shorter timeframes like M30 or H1, where the fake breakout typically spans several candles. When you spot a breakout against an established trend, approach with caution – it's more likely to be a false signal than a genuine reversal. In contrast, during sideways market conditions, focus on trading bounces from the channel's boundaries (upper and lower borders). This more conservative approach can help protect you from these common traps. 📍 3. The News-Driven Trap One of the most common traps occurs during news events. You've probably experienced it: price suddenly surges in one direction, breaks through a significant level, only to reverse sharply. This classic "fake-out" catches many traders on the wrong side of the market. A key strategy for identifying these traps is to analyze multiple timeframes. Generally, you'll want to examine both higher and lower timeframes than your primary trading window. Remember: the higher the timeframe, the fewer traps you'll typically encounter, making your analysis more reliable. 📍 4. Session Opening Traps Trading session transitions, particularly around the London open, often create another type of trap. You might notice one price direction before London opens, followed by a different movement at the session's start, which then reverses later. These movements typically trigger stop losses at key levels before reversing. For detailed analysis of session traps, dropping down to smaller timeframes (15M) can reveal the true price action. For instance, you might spot a clear price rise followed by a decisive bounce off a significant level like 189.500. When you see a breakout of any significant level – whether it's a round number or a local high/low during a trend correction – approach it with skepticism. Until price firmly establishes itself in the new zone with clear confirmation, consider the possibility that you're witnessing a trap designed to collect stop losses. Remember this fundamental truth: price is more likely to bounce from a level than break through it. 📍 Practical Tips on Trading Traps ◾️ Multi-Timeframe Analysis. The key to successfully trading traps begins with analyzing multiple timeframes. When you spot a breakout of an obvious level, switch to the timeframe where the movement appears most convincing. This helps you better understand the trap's structure and potential reversal points. ◾️ Entry and Risk Management. Timing your entry is crucial. Look for the first signals of price reversal, but remember - proper position sizing is essential. Keep your stop losses tight, as the market may still produce additional spikes that could prematurely end your trade. While this approach might take practice to master, the reward potential is significant - you can set take-profit targets up to 10 times larger than your stop loss. ◾️ Position Management. Once in the trade, actively manage your position. Move your stop loss to breakeven at the first appropriate opportunity to protect your capital. 📍 Conclusion Trading traps effectively requires patience and practice. While this strategy can be challenging to master, the ability to recognize and capitalize on these traps gives you a significant edge in the market. Many traders fall victim to these traps; learning to spot them transforms you from potential prey into a skilled hunter. Take time to practice identifying these patterns before committing real capital, and start with smaller position sizes as you develop your skills. Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Education
by Lingrid
13
Bearish drop?EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement an could drop from this level to our tke profit. Entry: 1.0354 Why we like it: There is a pullback resistance level that line sup with the 38.2% Fibonacci retracement. Stop loss: 1.0420 Why we like it: There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement. Take profit: 1.0263 Why we like it: There is a pullback support level that line sup with the 78.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
1
EUR.USD Longs from 1.02600My EU long idea is based on the strong bullish pressure seen after price filled last week’s gap. I’ll be looking for buying opportunities once price mitigates my 11-hour demand zone near the bottom. However, I’ll remain cautious since this area has already been mitigated in last week’s forecast. If price pushes higher instead, I expect it to mitigate the 6-hour supply zone, which originated from a Break of Structure (BOS) and was reinforced by a Change of Character (CHOCH). From there, potential short opportunities could arise around 1.03800 for a move back down. Confluences for EU Buys: - EU has been very bullish, making this a pro-trend setup. - The market structure remains strong, forming higher highs and higher lows. - There is significant liquidity to the upside along with well-defined supply zones. - The clean 11-hour demand zone previously caused an impulsive move, making it a strong area of interest. Note: If price breaks below the 11-hour demand zone, I expect EU to turn bearish for a short period. Have a great trading week!
Long
by Hassan_fx
EURUSDUnited states economic events and data releases could affect the EUR/USD's trade directional bias,Key Events and Potential Impacts to watch is as follow: Fed Chair Powell's Testimony (February 11),Powell is scheduled to testify before Congress, and his remarks will be closely scrutinized for clues about future monetary policy decisions. A hawkish tone (emphasizing inflation concerns and potential rate hikes) would likely strengthen the USD and push EUR/USD lower. A dovish tone (highlighting economic risks and hinting at potential rate cuts) could weaken the USD, allowing EUR/USD to rise. Another data print will be US CPI Data on (February 12) which will bring volatility in the space. The January Consumer Price Index (CPI) will be released and if the data is Higher-than-expected CPI and Core CPI figures (above forecasts of 0.3% m/m and 2.9% y/y) could reinforce a hawkish Fed stance, strengthening the USD and pushing EUR/USD lower. Lower-than-expected CPI data could suggest easing inflation, potentially leading the Fed to consider a more dovish approach, weakening the USD and allowing EUR/USD to rise. EUR/USD Technical Outlook and Key Levels: Bearish Signals: The EUR/USD pair is at risk of falling further, after breaking my demand floor on weekly. Technical indicators also support a bearish continuation, unless we have a weekly break and close above the supply roof on negative united states data print this week. EURUSD Upside Potential is possible if The US Dollar (USD) fails to resume its rally, that will give Euro small upward traction ,but they have to break supply roof first and turn to demand floor to upswing Trade War Impact: The US trade war tensions could continue to influence the EUR/USD. Prolonged tariffs could lead to higher US inflation, potentially compelling the Fed to adopt a more hawkish stance and strengthen the USD. Overall Directional Bias: Bearish Tentency: Given the technical signals and potential for a hawkish Fed stance, the EUR/USD may be biased toward the downside. Disclaimer: This analysis is based on market structure strategy which i developed for free and should not be considered financial advice at any given time ,don't come cry like a baby Trade with caution and conduct your own research.
by Shavyfxhub
A detailed explanation of parallel price channels and how to use📚 A detailed explanation of parallel price channels and how to use them in technical analysis 📈 Parallel price channels are one of the most important technical analysis tools that help traders identify **trends, entry and exit points, and potential levels of reversal or breakout**. --- ## **🟢 First: What is a parallel price channel?** A parallel price channel is a **price range within which the price moves regularly**, and is defined by **two parallel lines** that represent **dynamic support and resistance**. 📌 Channels can be: 1️⃣ **Ascending**: When the price is in an upward trend with increasing bottoms and tops. 2️⃣ **Downward**: When the price is in a downward trend with decreasing bottoms and tops. 3️⃣ **Horizontal (Sideways)**: When the price moves sideways between fixed levels. --- ## **🟢 Second: Components of the price channel** 🔹 **The upper limit of the channel (moving resistance)**: Represents a selling area where the price tends to reverse downward when touched. 🔹 **The lower limit of the channel (moving support)**: Represents a buying area where the price tends to rebound upward when touched. 🔹 **The middle line (in some channels)**: Helps identify rebound and balance points within the channel. --- ## **🟢 Third: How to draw a price channel?** ### **✏️ Steps to draw a price channel manually:** 1️⃣ Determine the market direction (upward, downward, sideways). 2️⃣ Draw the main trend line by connecting **two major peaks or bottoms**. 3️⃣ Copy this line and place it **parallel** on the other side of the price to form the channel. 4️⃣ Make sure that the price moves between the two lines logically without a clear breakout. ✍ **Practical example:** 📈 If you have two rising bottoms in an upward trend, you can draw a line that passes through them and then copy it upwards at the peaks, to form an ascending channel. --- ## **🟢 Fourth: How to use the price channel in trading?** ### **1️⃣ Trading inside the channel** (Strategy 1) ✅ **Buy from the lower limit of the channel** (at the moving support). ✅ **Sell at the upper limit of the channel** (at the moving resistance). 📌 This strategy is effective in stable markets without strong breakouts. 📍 **Example of trading inside the channel:** - In the ascending channel, if the price touches the lower limit, the purchase is made with a **stop loss below the channel**. - In the descending channel, if the price touches the upper limit, the sale is made with a **stop loss above the channel**. --- ### **2️⃣ Trading when the channel is broken** (Strategy 2) 🔴 **Breaking the upper limit of the channel** → indicates **continuation of the upward trend** (buy signal). 🔴 **Breaking the lower limit of the channel** → indicates **continuation of the downward trend** (sell signal). 📍 **Example of breaking the channel:** - If the price is inside an ascending channel, then **breaks the upper limit**, a **buy deal** can be entered after a retest. - If the price is inside a descending channel, then **breaks the lower limit**, a **sell deal** can be entered after a retest. --- ## **🟢 Fifth: Analysis of the attached image** ✅ **In the attached chart, we have an ascending channel within a downward trend**, and the channel was broken downwards, which led to **continuation of the downward trend**. ✅ Areas have been identified: - **SL (Stop Loss)** → Stop loss above the channel to prevent risks. - **LOGIN** → Entry point after breaking the channel. - **TP (Take Profit)** → Take profits based on the channel size. --- ## **🟢 Sixth: Professional tips for using price channels** 💡 **Combine them with other indicators** such as RSI or MACD to confirm signals. 💡 **Monitoring volume**: When the channel is broken with high trading volume, the break is stronger. 💡 **Time analysis**: Using channels on different frames gives better accuracy. 💡 **Use appropriate stop loss** to protect capital from false breakouts. --- 🚀 **💡 Summary:** Price channels are a powerful tool for identifying trends and entry and exit points, and are used in trading within the channel or when a price break occurs. Their accuracy can be improved by combining them with other indicators and understanding volume and price momentum.
Education
by omar_elliot
EURUSD My Opinion! SELL! My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0413 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0336 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1