I think Eurusd pair will go longI think Eurusd pair will go long.In the market there was triple bottom in hourly chart.The market follow the trendline in H$ chart by Fx_Sniper_BD2
EURUSDEURUSD My Opinion! SELL! My dear followers, I analysed this chart on EURUSDand concluded the following: The market is trading on 1.11290 pivot level. Bias - Bearish ———————- Target - 1.09527 ———————— #EURUSD Time Frame : 12H (signal) ——————————— WISH YOU ALL LUCK🍀Shortby SANDOVSKI1
ANTICIPATING TRADES BY APPLYING TADING STRETEGYAnalysis of EURUSD Forex pair carried out on 12 Sep 2024 by applying following trade strategy:- 1. Bearish trend 2. Bullish Divergence 3. No continuation pattern 4. Double Bottom reversal pattern formed 5. Bullish Harmonics pattern AB=CD pattern formed and chart near point D, PRZ 6. Anticipated that chart will go bullish by making HHs & HLs 7. Initiated two trades on MT4 by marking buy stop on first HH and stop loss at LL as no HL is still formedLongby akyzai711
EUR/USD Weekly Closing Remarks (2024/09/14)Weekly Closing Remarks for EUR/USD (Post-September 13, 2024): EUR/USD closed the week on Friday, September 13, 2024, at 1.1074, maintaining a bearish bias throughout the week. The market remained cautious ahead of next week’s FOMC rate decision, set for Wednesday, September 18, 2024. The Ichimoku cloud continues to display a bearish structure, with price action remaining below the cloud across most significant timeframes. Both the Tenkan-sen and Kijun-sen are aligned in a bearish crossover, signaling continued downward pressure. ADX readings indicate a strong bearish trend, particularly on the daily and weekly timeframes, affirming the strength of the current downtrend. Attempts to rally during the week were short-lived, with resistance at 1.1100 - 1.1120 consistently capping price movements. MACD readings across all timeframes remain in negative territory, signaling that downward momentum is still strong. This week's key drivers included: Eurozone weakness: Ongoing economic challenges in the Eurozone, particularly concerning inflation and growth, continued to weigh on the euro. FOMC expectations: The market is expecting a 25bps rate cut next week, keeping traders cautious and influencing USD strength, which pressured the euro further. Next Week’s Forecast (Week of September 16-20, 2024): The upcoming week will center around the FOMC rate decision on Wednesday, September 18, 2024, with markets anticipating a 25bps rate cut. However, there are still uncertainties, with three potential outcomes: no rate cut, a 25bps cut (the most likely), or a 50bps cut. Importantly, there is no expectation of a rate hike. Each scenario will have significant implications for EUR/USD. Key Scenarios for Next Week: Scenario 1 - 25bps Rate Cut (Market Expectation): The most anticipated outcome is a 25bps rate cut. In this scenario, the euro could see a brief relief rally, testing the resistance zone around 1.1100 - 1.1120. However, given the strength of the bearish trend, any rallies are likely to be short-lived, and sellers will likely re-enter around these levels. If resistance holds, EUR/USD could continue its downward trajectory, targeting the key support levels of 1.1040 - 1.1050. A break below this level could see further declines toward 1.1000, a critical psychological support zone. Scenario 2 - No Rate Cut (Hawkish Surprise): Should the Fed decide to hold rates steady, this would come as a hawkish surprise to the market. In this case, the US dollar would strengthen considerably, exerting immediate downward pressure on EUR/USD. The pair would likely break below 1.1040, accelerating towards 1.1000. Should the downward momentum continue, the next target could be 1.0960 or lower, as the bearish trend strengthens further. Scenario 3 - 50bps Rate Cut (Dovish Shock): A 50bps rate cut would be a dovish surprise and would likely weaken the US dollar, allowing EUR/USD to stage a more significant rally. In this case, EUR/USD could break through the 1.1100 - 1.1120 resistance zone, potentially targeting 1.1170 - 1.1180. However, the overall bearish technical setup may limit further gains, especially if the euro remains fundamentally weak. Key Support and Resistance Levels: Support The key support level is 1.1040 - 1.1050. A break below this level would signal further downside, with 1.1000 as the next psychological support. If bearish momentum accelerates, EUR/USD could test 1.0960. Resistance Resistance remains firm at 1.1100 - 1.1120. If EUR/USD manages to break through this zone, the next target would be 1.1170 - 1.1180, but this will require significant bullish momentum, which is unlikely without a dovish surprise from the Fed. Volatility Considerations: ATR (Average True Range) suggests that volatility is likely to increase next week, especially in the days leading up to and following the FOMC rate decision. Price movements could become more pronounced, particularly during and immediately after the announcement. Expect heightened volatility during the FOMC press conference as the market reacts to the Fed's forward guidance and any signals about future rate cuts. Closing Summary: EUR/USD is set for a potentially volatile week with the FOMC rate decision on Wednesday, September 18, 2024. The most likely outcome is a 25bps rate cut, which could trigger a short-term relief rally, but the overall bearish trend is expected to persist. If the Fed holds rates steady, expect further downside pressure, with EUR/USD likely breaking below 1.1040 and targeting 1.1000 or lower. In the unlikely event of a 50bps cut, the pair may rally towards 1.1170 - 1.1180, but upside gains would likely be capped due to the prevailing bearish sentiment. Traders should prepare for significant price fluctuations and manage risks carefully as we head into this crucial week.Shortby williamwklee1
Correction and up for EUHi traders, Wow last week EU did exactly what I've said in my outlook. It dropped to the Weekly FVG and reversed immediately to go up again. If you've followed my analysis, you could have made a lot of money. So for next week we could see a correction down and more upside to finish wave 5. Let's see what the market does and react. Trade idea: Trade shorts after the finish of a correction up on a lower timeframe. If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveLongby EduwaveTrading1
EURO: THE FALSE KING OF CURRENCIESI have seen how broken structures come together to be a mighty force, but the Euro is an exception becomes its highly fragmented and growing much more apart. The cutting of rates after about a decade of ultra-low interest rates, it will take a while to get used to an expensive Euro. Mood : Slightly bearish.Shortby Erow9951
EBC zaskoczył rynki - Komentarz walutowy z dnia 13.09.2024O ile samą obniżkę o 0,6% można traktować jako lekkie zaskoczenie, o tyle prawdziwą niespodzianką była konferencja prasowa po decyzji. Po silnym cięciu dostaliśmy bardzo stonowany, wręcz asekuracyjny komunikat. W rezultacie inwestorzy szybko zapomnieli o obniżce, którą właśnie zobaczyli. Nie przeszkodziło to jednak złotu pobić swoich rekordów. EBC tnie mocno Wczoraj Europejski Bank Centralny podjął decyzję o obniżce stóp procentowych. Główna stopa procentowa, czyli refinansowa, spadła z 4,25% na 3,65%, czyli aż o 0,6%. Z kolei stopa depozytowa spadła o zaledwie 0,25% z 3,75% na 3,5%. Tym samym EBC gwałtownie zmniejsza przestrzeń pomiędzy tymi dwoma stawkami. Sama decyzja była zgodna ze scenariuszem najczęściej przewidywanym przez analityków, aczkolwiek nie brakowało sygnałów o bardziej konserwatywnym cięciu stawek. Z tego też powodu pierwszą reakcją było osłabienie euro względem dolara. Ruch ten można nazwać jednak mocno nieśmiałym, biorąc pod uwagę, że już pół godziny po decyzji mieliśmy konferencję prasową. Konferencja prasowa Christine Lagarde Po odważnej decyzji przyszedł czas na chłodzenie nastrojów. Prezes EBC była, delikatnie mówiąc, zachowawcza. Wydawać by się mogło, że skoro widzimy szokowy ruch o 0,6%, to będziemy dalej szli za ciosem. Okazuje się jednak, że niekoniecznie. W czasie konferencji pojawiło się sformułowanie o obniżającej się presji płacowej. Wygląda zatem na to, że dotychczas było źle, bo potrzebny był szokowy ruch o 0,6%, ale po nim już będzie dobrze i można czekać na rozwój wypadków. Brzmi to podejrzanie i taka też była reakcja rynków. Przestano wierzyć w dalsze obniżki stóp w strefie euro w najbliższym czasie, co skutkowało zakupami wspólnej waluty, pomimo silnej obniżki stóp pół godziny wcześniej. Złoto z kolejnym rekordem Decyzja EBC wraz z zamieszaniem na rynkach walutowych nie pozostały bez wpływu również na inne aktywa. Rynek akcyjny w Europie, widząc brak dalszych perspektyw, dostał pewien cios. Spadki nie ominęły zarówno głównych indeksów w Niemczech, jak i we Francji. Co ciekawe, pomimo tego, że na giełdach grano pod brak dalszych obniżek, to na rynku złota było dokładnie odwrotnie. Tuż po decyzji obserwowaliśmy dużo transakcji, które szybko wywindowały cenę uncji złota z okolic 2550 do 2600 dolarów. W tak silnym ruchu pomogły zlecenia automatyczne, które aktywowały się po przebiciu dotychczasowego rekordu cenowego na poziomie 2570 dolarów. Dzisiaj w kalendarzu danych makroekonomicznych brak ważnych odczytów. by Internetowykantor1
EURUSD - Bullish TrendEURUSD formed Bullish Divergence, is it start of a Bullish Trend? Entry, Stop Loss & Take Profit are mentioned.Longby Umair_AmjadUpdated 4
EURUSD - Bullish TrendEURUSD started Bullish Trend after Bullish Divergence, will this trend continue?Longby Umair_AmjadUpdated 2
EURUSD Massive Short! SELL! My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.1035 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1024 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals335
EUR/USD holds above 1.10 ahead of ECB rate decisionEUR/USD holds above the 1.10 level ahead of the ECB rate decision where a 25 bps rate cut is expected. Watch new staff projections for a possible downward revision to growth forecasts and upwards revision to core inflation. EUR/USD has trended higher since April, forming a series of higher highs and higher lows. The price trades above the upwards sloping 200 SMA and remains north of bearish support lines. While the price has eased from the 1.12 high, the bullish trend is in tact for now. 1.10 is a key support and a break below here opens the door to a deeper selloff towards 1.09. Should the 1.10 level hold, buyers will be look to rise towards 1.11 round number and 1.12. FC Longby FOREXcom3
More news for EURUSD Following yesterday’s CPI release, EURUSD saw a decline. Today, all eyes are on the ECB’s Interest Rate Decision, with the FED set to follow suit next week. Later today, the ECB's decision will be announced, followed by a press conference 30 minutes afterward. The trend and support zone on the H4 chart remain unchanged. Mark the news candle from yesterday and watch for a breakout. A breakout above 1.1050 could signal a continuation of the trend. If the price drops further, it will enter our buy zone, where we'll wait for confirmation to take action. In our Premium channel, we're also keeping an eye on AUDUSD and NZDUSD for potential opportunities.by ForexTrendline3
EURUSD Trading Journal Analysis EURUSD Trading Journal Analysis Sept 11 I suspected that price would lower to the equilibrium at 1.09903 and continue to rebalance the 4 IFVG! I also anticipated for Price to head for the easy clean equal high target as well. Fantastic delivery. I suspect for Price to gravitate to the equal highs and potentially rebalance a portion of todays imbalance. Seems likely for Price to lower to the clean equal lows and complete rebalancing the 4 IFVG considering the heavy RF news NY am. by LParnell2
EURUSD Technical Analysis and Trade Idea👀👉 The EURUSD has broken key support levels across multiple timeframes, suggesting a continuation of the current bearish trend and potential further downside pressure. Technical Overview The pair is forming a bearish structure with lower highs and lows on the daily and 4-hour charts, signaling more bearish momentum that could drive the price toward previous lows. Trading Strategy I'm waiting for a retracement to the 50-61.8% Fibonacci zone, which often attracts price in trending markets. If the PPI data today strengthens the USD, this could offer a good entry point for a short trade, in line with the bearish outlook. Risk Management While the setup looks promising, it's important to wait for confirmation before entering. Look for bearish candlestick patterns or a rejection at key resistance levels within the Fibonacci zone to minimize risk. Market Structure Sellers are currently in control, and any rallies are met with selling pressure, pointing to a possible further downside if support levels continue to break. Always do your own research and manage risk carefully. Never trade more than you can afford to lose. 📉✅ 09:03by tradingwithanthony7
EURUSD - Bearish setup (15m)For this setup I'm using my primary Elliott Wave count, considering the higher timeframe's direction such as the 4h and the 15m chart as my entry confirmation, as well as a quick guide to analyze using Elliott Wave structure on smaller timeframes with OBs & Imbalances for entry confirmation. Again, this time I believe the 0.782 level I marked is a potential key entry level, according to my analysis. This entire downfall could continue until I see a Change of Character happening on the 4h timeframe. Shortby JBaissari337
EURUSD Long Position with more than 1:2.5 RRREURUSD can go up, the RRR is more than 1:2.5 let's catch it. thanksLongby robotechtrading228
09/10/24 EU SwingI am a dynamic trader to start off. I saw that on the daily (yellow line) we are starting to show exhaustion and with 1h left on the daily at the writing of this we are showing that with the news tomorrow there could be a push up and break the area to transition back into the uptrend. I am using the daily for my overall higher timeframe to base my move on and that shows the clearest structure. I am then using the 4h (orange line) to see a bit more information and use that as a premise for my overall moves and transitions within the overall trend. I am then using the 1h and below to track transitions and see how the overall flow of the lower timeframe is. The lines places are tracking the support and resistance and are dynamic (meaning I move them as the candles close) this will let me know what areas are being broken and help me to keep track of the market Longby Bhenderson22Updated 447
EURO - Price can break support level and fall to $1.0980 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to falling channel, where it at once rose to resistance line and then continued to fall. In a short time, price declined to $1.1135 level, broke it, and then fell to support line, which coincided with $1.1040 level. Next, price bounced and tried to grow, but soon fell to support area, after which continued to move up. EUR rose to resistance level, which coincided with resistance line of channel, and made downward impulse. Price fell lower than $1.1040 level, breaking it and some time traded in support area, but recently EUR broke it again. Now, I think price can make small movement up and then fall to $1.0980 support line of channel, breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️Shortby WalterMoon1113
EURUSD Buy forecastEURUSD New forecast👨💻👨💻 Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP. Please support this idea with a Like and COMMENT if you find it useful click "follow" on our profile if you will like these type of trading ideas delivered straight to your email in the future. Thanks for your continued support!! lemme know your thoughts in the comment sec...Longby King_CityStar_Fx4
EURUSD Before the NewsEURUSD continues to trade above 1.1000 as the market anticipates today's news. With CPI data expected to trigger strong volatility, stay cautious of potential fakeouts and avoid emotional trading. Watch for a potential bounce off the support level and a continuation of the main trend.by ForexTrendline2
EURUSD Trading Journal Analysis EURUSD Trading Journal Analysis Sept 10 Monday lowered to the clean equal lows and a and lowered to a sell liquidity target. Today Price gravitated lower to a noted 4 IFVG. I suspect that price could lower to the equilibrium at 1.09903 if Price is bearish for the weeks low. Price could continue to rebalance the 4 IFVG Im considering that Price could reach for my noted clean equal highs for the high target for the week. by LParnell2
EURUSD BEARISHEurusd is bearish tomorrow... We have a perfect sell after last week news. We are looking at a sell this week Let's see how EU goes tomorrow Shortby Danicsfxpips4415