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EURUSD trade ideas

EURUSD What Next? BUY! My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0513 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0538 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURUSD H1 11/12/2024 - SELL below 1.0525/1.0530 , Reversal 1.054Multi-Timeframe Analysis D1 (Daily Chart) Trend: Strong bearish bias, with price below the 200 SMA and Ichimoku cloud. Indicators: RSI at 40 and MACD signaling downside momentum. Support/Resistance: Support: 1.0490 and 1.0450. Resistance: 1.0540 and 1.0570. H4 (4-Hour Chart) Trend: Downtrend continues, with price consolidating near the lower Bollinger Band. Indicators: Stochastic is in the oversold zone (17.87), indicating potential short-term pullback. MACD suggests bearish momentum but losing strength. Support/Resistance: Support: 1.0495 and 1.0450. Resistance: 1.0530 and 1.0550. H1 (Hourly Chart) Trend: Price is below all major moving averages and Ichimoku cloud, confirming bearish structure. Indicators: RSI at 40, indicating continued bearish bias but with room for a pullback. Stochastic is oversold (23.76) and turning up, suggesting a potential retracement. ATR (14) at 10 pips, reflecting moderate volatility. Key Levels: Support: 1.0495, followed by 1.0450. Resistance: 1.0530 and 1.0545. M30 (30-Minute Chart) Trend: Intraday bearish trend intact, with consolidation near key support levels. Indicators: MACD turning slightly neutral. Stochastic oversold (28.47), indicating potential for minor correction. Revised Trade Plan for EUR/USD (H1) Trade Setup 1: Bearish Continuation After Pullback Rationale: EUR/USD remains in a bearish trend, and any pullback toward 1.0530–1.0540 provides an optimal sell opportunity. Trade Details: Entry Price: 1.0525–1.0530 (on a retracement to resistance). Stop-Loss: 1.0555 (above the intraday resistance). Take-Profit Levels: TP1: 1.0495 (current support). TP2: 1.0450 (next key support). Risk/Reward Ratio: ~1:2. Trade Setup 2: Aggressive Breakout Short Rationale: A clean break below 1.0495 would confirm bearish continuation, targeting lower levels. Trade Details: Entry Price: 1.0490 (on a confirmed breakout). Stop-Loss: 1.0515 (above the breakout level). Take-Profit Levels: TP1: 1.0470. TP2: 1.0450. Risk/Reward Ratio: ~1:2. Trade Setup 3: Intraday Scalping on Reversal Rationale: If price breaks above 1.0535, it may trigger short-term buy momentum, targeting a retracement to the next resistance. Trade Details: Entry Price: 1.0540. Stop-Loss: 1.0525. Take-Profit Levels: TP1: 1.0555. TP2: 1.0570. Risk/Reward Ratio: ~1:1.5. Key Considerations News Impact: Watch for the 13:30 GMT US inflation data release, which could spike volatility. Avoid placing trades right before the release. Correlated Instruments: DXY: A rise above 106.75 may further pressure EUR/USD. Treasury Yields: A spike in yields could add USD strength.
Short
by napoleon182
EURUSD IS BULLISHI hope you are still buying EUR, if not this is a perfect entry. EUR has cleared a yearly low. It has show a great rejection from the area; now is the r3t3st and the perfect entry. Looking back at DXY chart and EUR chart for the past 10 years, you will find a pattern and that's why I'm certain of EUR strength agsisjt dollar. Same with GBP and AUD. AUD should outperform both of them but I prefer eur and gbp. Dont miss out on this trade. Comment if you have any question or contrary opinion. I want to write more but let me post so you guys will see this on time
Long
by UGBOR
Fundamental Market Analysis for December 11, 2024 EURUSDEUR/USD lost around 0.2% on Tuesday, declining for the third consecutive day and hitting 1.0500 again, as the euro's bullish near-term recovery comes to naught. Ahead of the key U.S. Consumer Price Index (CPI) inflation figure due for release on Wednesday and the European Central Bank's (ECB) next meeting on Thursday, traders once again adopted a cautious stance. Wednesday's CPI inflation index will be one of the last key data points before the Federal Reserve's (Fed) last meeting in 2024. Signs that inflation progress has stalled could kill hopes for a third consecutive rate cut on December 18. With the current rate cut on Wednesday, U.S. CPI inflation for November is expected to rise slightly to 2.7% y/y from the previous reading of 2.6%, while core annual CPI is expected to remain at 3.3%. Traders estimate the probability of the last quarter-point rate cut this year at 85%. The ECB's latest rate meeting is scheduled for Thursday, and investors are widely expected to get another quarter-point rate cut. The ECB's main refinancing operations rate is forecast to be cut to 3.15% from 3.4% and the ECB deposit rate is forecast to fall to 3.0% from 3.25%. Trade recommendation: Watching the level of 1.0480, trading mainly with Sell orders
Short
by Fresh-Forexcast2004
EURUSD SELL Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each: --- 1. Order Blocks An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement. Bullish Order Block: The last bearish candle before a strong upward movement. Bearish Order Block: The last bullish candle before a strong downward movement. How to use: Price often returns to order blocks before continuing the trend. Order blocks are used as potential entry or exit zones. Example: If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block. --- 2. Imbalances An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure. These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third. It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement. How to use: Imbalances can serve as a reference for identifying potential retracement zones. Enter a position when the gap is filled. Example: In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area. --- 3. Breaker Blocks A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken." Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement. They can also be used to filter valid order blocks. How to use: After an order block is broken, the former support/resistance zone can serve as an entry point after a retest. Used to identify trend reversals. Example: In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block. --- 4. Inverted FVG (Inverted Fair Value Gap) An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement. An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal. It is used to analyze price manipulation and find entry points against the "trap." How to use: Enter after the price has covered the FVG zone and confirmed a reversal. Inverted FVGs often appear in zones that collect stop losses. Example: In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward.
Short
by Tonksovave
Dollar Weakens Amid Tight U.S. Election Race and rate cuts Dollar Weakens Amid Tight U.S. Election Race and Upcoming Fed Decision The U.S. dollar dropped as the latest polls indicate no clear leader in the presidential race, reducing bets on a Trump victory. Treasury futures rose, reflecting cautious investor sentiment amid the uncertainty. Citigroup strategists suggest that a Trump victory could see the dollar rally by 3%, while a Harris victory could result in a 2% decline. This highlights the significant impact the election outcome could have on the USD. Meanwhile, the Fed is expected to announce a 25-basis point rate cut, adding to market volatility already heightened by the election. Traders are keeping a close eye on early results from swing states like Michigan and Pennsylvania for insights into the potential election outcome and its implications for the financial markets. Source: Information derived from Bloomberg
by Eleazarahmath
EURUSDThe EUR/USD pair continues to trade below the 34 and 89 EMA levels, signaling a short-term bearish trend. Despite attempts at consolidation in recent sessions, the pair remains under pressure, weighed down by a stronger U.S. dollar, geopolitical uncertainty, and diverging monetary policies between the Federal Reserve (Fed) and the European Central Bank (ECB). The U.S. dollar has extended its rally for the third consecutive day, with the Dollar Index (DXY) climbing past the 106.60 mark. This persistent strength has added significant downward pressure on EUR/USD, leaving the pair vulnerable to further declines as market dynamics unfold. From a technical perspective, traders should focus on two key resistance levels. These areas could provide optimal entry points for positioning, with the primary targets set at well-defined support zones. Monitoring price action around these levels will be crucial to aligning strategies with the prevailing market trend. Stay disciplined and vigilant as you navigate today’s trading opportunities. Wishing you success and profitable trades!
Short
by Trader-Briannnn
Head and Shoulders Pattern in EURUSDEUR/USD Analysis (Timeframe: To be determined): Head and Shoulders Pattern Detected, Buy Signals Generated A head and shoulders pattern has been identified on the EUR/USD chart. However, contrary to the typical bearish implication, buy signals have been generated, indicating a potential bullish reversal. Key Indicators: - Head and Shoulders Pattern: A clear head and shoulders formation has been detected. - Buy Signals: Generated, indicating a potential bullish reversal. - Trend Analysis: Potential bullish reversal. Key Levels: - Resistance: 1.08300 - Support: 1.05200 - Target: 1.09250 Recommendation: Consider long positions or bullish strategies to capitalize on the potential upside movement. Please note that forex markets are highly volatile, and prices can change rapidly. Please mind your own money management 🙏 Best Wishes Tom 😎
Long
by Tom_Trades_670
1
EURUSD Next possible moveSAXO:EURUSD Title "EUR/USD Intraday Analysis: Sell Bias Persists | Dollar Dominance Resumes" Market Context "EUR/USD remains under pressure as the U.S. dollar regains strength amid hawkish Federal Reserve expectations. Lingering concerns over Eurozone economic growth further weigh on the pair, favoring a bearish bias." Technical Analysis *"Today’s sell entry is supported by the following bearish signals: Trend Structure: The pair continues to form lower highs and lower lows, confirming the downtrend. EMA Dynamics: Price trades below the 20 and 50 EMAs, signaling sustained bearish momentum. RSI: Falling toward 40, highlighting increased selling pressure. MACD: Negative histogram bars are expanding, reinforcing the bearish outlook. Key Levels: Support: 1.0480 (intraday), 1.0450 (next key level). Resistance: 1.0520 (intraday), 1.0550 (critical barrier). A move above 1.0550 would negate the bearish bias."* News Context "Upcoming: U.S. ISM Services PMI data could provide fresh directional cues. Previous: Friday’s strong NFP report boosted the dollar, keeping EUR/USD under pressure." Call to Action "Will EUR/USD continue its slide, or could support levels trigger a reversal? Share your thoughts and strategies below!"
Short
by RBSBALA
EURUSD Trading Idea EUR/USD dipped 0.2% on Tuesday, marking its third straight decline as it approaches the key 1.0500 level. The Euro’s recent bullish momentum is fading, with traders shifting to a cautious stance ahead of two major events: US CPI Data (Wednesday): A pivotal release ahead of the Fed's final 2024 meeting. Inflation is expected to tick up to 2.7% YoY (from 2.6%), with core CPI holding steady at 3.3%. Any signs of stalled progress could dash hopes for a third consecutive rate cut on December 18, fueling USD volatility. ECB Rate Decision (Thursday): The ECB is widely anticipated to deliver another quarter-point rate cut. Forecasts suggest the Main Refinancing Operations Rate will be trimmed to 3.15% (from 3.4%), and the Deposit Facility Rate is expected to drop to 3.0% (from 3.25%). EUR/USD Technical Analysis: Entry Opportunity with SMC and Fibonacci Using Smart Money Concepts (SMC) and Fibonacci retracement, the key zone between the 0.71 and 0.79 Fibonacci levels is shaping up as a critical area of interest. Following the creation of a fair value gap at the last high, the price is now testing the 50% Fibonacci level, setting the stage for a potential trade setup. Trade Setup: Entry Point: 1.05520 (aligned with the 0.75 Fibonacci level) Stop Loss: 1.05697 (just above the 0.79 Fibonacci level for added risk protection) Take Profit: 1.04990 (targeting below the fair value gap for optimal risk-to-reward) Risk/Reward Insights: This setup offers a Risk/Reward Ratio of 2.98. By risking 17.7 pips to gain 53 pips, you're maximizing reward relative to risk. Disclaimer: Trading carries significant risks, and it’s essential to practice strict risk management. Always trade with a clear plan, use stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—ensure you understand the risks before making any decisions. Follow for more trading ideas, strategies, and insights to level up your trading game!
Short
by InwardTrader
Bearish drop?EUR/USD is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0543 Why we like it: There is an overlap resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 1.0564 Why we like it: There is an overlap resistance level that is slightly above the 61.8% Fibonacci retracement. Take profit: 1.0502 Why we like it: There is a pullback support level. 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