EU BUYSPrevious resistance broke through . Expecting some bullish momentum to atleast tap into next H4 ZoneLongby shabbz6195
EURUSD ForecastingEUR/USD Forecasting: A Complex Task EUR/USD forecasting is a challenging endeavor due to numerous factors influencing its price movement. These include: Economic Indicators: GDP growth rates, inflation, unemployment rates, and interest rate decisions from the European Central Bank (ECB) and the Federal Reserve (Fed) significantly impact the exchange rate. Geopolitical Events: Global conflicts, trade tensions, and political instability can cause sudden and substantial shifts in the EUR/USD. Market Sentiment: Investor confidence, risk appetite, and speculative trading can drive short-term fluctuations. While there's no foolproof method for predicting future EUR/USD prices, here are some approaches: Fundamental Analysis Economic Calendar: Monitor key economic releases from both the Eurozone and the United States. Central Bank Policies: Analyze interest rate decisions and monetary policy statements. Geopolitical Factors: Stay updated on global events that could affect the Euro or the Dollar. Technical Analysis Chart Patterns: Identify recurring patterns like head and shoulders, triangles, and double tops/bottoms. Indicators: Use tools such as moving averages, Relative Strength Index (RSI), and Stochastic Oscillator to gauge momentum and overbought/oversold conditions. Support and Resistance Levels: Pinpoint price levels where the market has historically turned around. Quantitative Analysis Statistical Models: Employ statistical methods like regression analysis and time series modeling to identify relationships between variables and predict future prices. Machine Learning: Utilize algorithms to learn from historical data and make predictions. Expert Opinions Economists and Analysts: Follow the insights of experts in the field to gain valuable perspectives. News and Market Commentary: Stay informed about current market trends and opinions. Important Considerations: No Guarantees: Even the most sophisticated forecasting methods cannot guarantee accurate predictions. Risk Management: Implement risk management strategies to protect your capital. Diversification: Consider diversifying your investments to reduce risk. For real-time data and analysis, I recommend using financial platforms such as: TradingView: Offers charts, indicators, and news. Bloomberg Terminal: Provides comprehensive financial data and analysis. Reuters: Offers news, market data, and analysis. Would you like to explore any of these methods in more detail, or do you have a specific question about EUR/USD forecasting?by ITManager_US1
EURUSD ShortEURUSD looks nice for a short to the long entry where we have our area of liquidity.Shortby FairMan_FX223
EURUSD ShortEURUSD looks nice for a short to the long entry where we have our area of liquidity.Shortby FairMan_FX0
Jumping on Another EURUSD LongEUR/USD continues to exhibit strong bullish momentum, with the pair consistently forming higher highs and higher lows, signaling a well-established uptrend. The price is currently trading above key moving averages, confirming the ongoing bullish bias. Longby trader92240
Pullback before bearish continuationThe 15m swing is bearish, and as expected the 3m swing flipped bullish to facilitate the 15m pullback. I’m waiting for the pullback to reach at least the marked yellow line, and I’ll be looking for shorts in the discount area above after mitigating supply. On the 3m chart, the internal structure is bearish, so I’ll wait for a bullish flip in the discount before targeting the weak 3m swing high.Longby crisobsidian1
Euro Testing Yearly-Open SupportEUR/USD is setting the monthly opening-range just above yearly-open support at 1.1038 . Looking for possible inflection off this mark. A break below the median-line would threaten a larger bull-market correction towards the January high-day close (HDC) / 38.2% retracement at 1.0942/72 - losses would need to be limited to this threshold for the April rally to remain viable. Resistance now eyed at the yearly high-day close at 1.1161- a breach / close above this threshold is needed to mark uptrend resumption with the next major lateral level eyed at the 61.8% retracement of the 2020 decline at 1.1275 . Michael Boutros @MBForex by FOREXcom110
EURUSD / UNDER BEARISH PRESSURE - 4HEURUSD / 4H TIME FRAME HELLO TRADERS The overall trend remains downward as long as trading stays below the turning level of 1.108 . The current prices are trading below the turning level at 1.108, suggesting a downward trend. As long as prices remain below this threshold, it is reasonable to expect a continuation of the decline towards 1.101 and 1.094. This is because the inability to break above a key resistance level typically indicates a lack of buying momentum, which often leads to further declines. However, if the turning level at 1.108 is broken and prices stabilize above it, this would signal renewed buying interest and strength in the market. In such a case, the momentum could shift upwards, potentially driving prices to the next resistance levels at 1.113 and then 1.119. This scenario reflects the market's ability to overcome previous resistance, paving the way for a possible upward trend. KEY LEVELS : TURNING LEVEL : 1.108 . RESISTANCE LEVELS : 1.113 , 1.119 . SUPPORT LEVELS : 1.101 , 1.094 . Shortby ArinaKarayiUpdated 5
Is the EUR/USD Recovery a Pullback Before a Bearish Move?The EUR/USD pair rebounded following the release of the weaker-than-expected US JOLTS Job Openings data, prompting questions about whether this is a potential opportunity to enter short positions. After an initial rebound from the Supply area, the EUR/USD pair recovered some ground on Wednesday, likely driven by the US labor data. However, this recovery could present a pullback, offering investors a chance to add to their positions in anticipation of a possible bearish scenario. Investors are now eagerly awaiting the US Nonfarm Payrolls (NFP) data for August, scheduled for release on Friday. This official labor market data will be critical in shaping the Federal Reserve’s (Fed) path for interest rate cuts in September. While many investors believe that the Fed will begin reducing its key borrowing rates this month, there is still uncertainty regarding the size of the potential rate cut. From a Commitment of Traders (COT) perspective, we can observe that retail traders are heavily positioned on the long side of the EUR/USD, which often serves as a contrarian indicator. Additionally, seasonality data points to a likely drop in the EUR in the near term. Given this COT scenario and the broader market sentiment, we are maintaining our bearish outlook on the EUR/USD and see this pullback as an opportunity to consider short positions. With key data releases on the horizon, such as the NFP, traders should remain cautious but be prepared for further downside in the EUR/USD pair as market conditions evolve. ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Shortby FOREXN15515
EURUSD - Monthly Timeframe (The Bigger Picture) It’s crucial to step back and look at the bigger picture, especially when analyzing the EURUSD. EURUSD, the most traded currency pair worldwide, has seen relatively small price movements in 2023 and 2024 compared to previous years. In the attached chart, I’ve highlighted the full price range for these two years—and the data speaks for itself. The market has been trading in a very tight range, showcasing how slow things have been overall. With 12 years of trading experience, I’ve noticed this significant slowdown has affected swing trading strategies. While lower timeframes have seen some nice movements, the broader market has been quiet, primarily moving around major news events. As a result, veteran traders, including myself, who focus on risk management and avoid trading during big news events, have felt the impact. That said, I believe this could change soon, especially as we approach the US presidential election. Stay tuned! #ForexTrading #EURUSD #MarketAnalysis #TechnicalAnalysis #TradingInsights #ForexStrategy #FinancialMarkets #RiskManagement #SwingTrading #Eltaajir #PuraVitaby eltaajir2
EUR USD IdeaWe have broken through previous daily highs of 1.10774. First bullish move higher. The reason is dollar bearish fundamental news. So, let's see if we get a daily bullish closing. We are still in a bullish range premium price levels. So, I want to see a few higher timeframe lower highs holding before I make up my mind to go bullish again. I'll keep you posted if we decide to go with something.Longby themarketknight111
EURUSD, what is next baby? Show me some loveEURUSD FA: few things that pushing down EUR are business sentiment and inflation in services 1. According to the European Commission, the overall Eurozone business sentiment index increased to 96.6 points vs 96 before. Business climate in industry is already in the area of local lows -9.7 vs -10.5. The most stable segment, services. 2. Everything but energy is rising on a year-over-year basis. The main components of annual inflation in August are highest in services 4.2% vs 4.0 in June, followed by food, alcohol and tobacco 2.4% vs 2.3%, industrial goods 0.4% vs 0.7%, energy -3.0% vs 1.2% TA: After taking global swing and top of global range at 1.114 EUR made a deviation and closed on weekly time frame inside of this range which consider to me as a reversal, i would love to see 0.5 test of this global range in next few weeks Locally EUR has a reversal and has downtrend on 1h time frame with first potential target as daily FVG at 1.08932-1.0837. Keep in mind there might be some manipulation till 1.1093 area at the beginning of the month before further move downwards. If 1.1032 lvl will be failed and I will see aggressive movement down, i will be looking for short position till daily FVG But overall I am bearish on EURUSD unless i see reversal pattern on 1h time frame (double shift) then my plan will be canceled and i will be looking for long positions by AlmenioUpdated 3
EURUSD Buy ScenarioToday, we will analyze EURUSD Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section. Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.Longby Biaxar113
EURUSD Sell Having a FVG in above 1.11 looking for Sell from there with 30pips TP and SL 10pips.Shortby tradingwith_ryann0
EURUSD on a BearishThe analysis On Daily timeframe shows that EURUSD is at Supply showing that it is the pair will be Bearishby Jfilafx0
EURUSD 1H BREAK OUT SELLWith daily support taken out this give me good opportunity to sell. Target 1.08911 Hopeffuly we get there Shortby donchichi1Updated 4
EURUSDHello Traders! What are your thoughts on EURUSD? Given the break of the support level, this currency pair is currently completing a pullback to the broken level. It is expected that after completing the pullback, the price will resume its downward movement toward the specified target level. If you found this analysis helpful, don’t forget to like and share your thoughts in the comments! ❤️Shortby HAMED_AZUpdated 2251
SELL EURUSD NOW! Profitable trade opportunity Based on our private profitable trading indicator... there has been a sell signal which means that EURUSD Is ready to reverse and drop all the way to the next major support level.Shortby VIPindicators116
EURO - Price can bounce down from pennant to $1.0950Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to pennant, where it at once bounced from support line to resistance line, breaking $1.0800 level. In this pattern, price made a gap, and later it bounced from resistance line and fell to support area, exiting from pennant. Next, EUR entered another pennant, where it at once started to grow to $1.1035 level, and exited from support area. When price reached this level, it broke it and rose to resistance line of pennant, but recently turned around and fell. Euro declined to resistance area, where continues to trades near support line of pennant, so, I think it can little grow. Then price can bounce down to $1.0950, exiting from pennant and breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️Shortby WalterMoon1110
EURUSD Technical Analysis. Weekly - Bullish - Price is above the trend-line (Grey) Daily - Bullish - Price is above the trend-line (Blue) 4 hour - Bearish - Price is below the trend-line (Green) 30 mins - Bullish - Price is above the trend-line (Yellow) I have opened one trade to the upside risking 1%. This is not a financial advice just the way I trade and on how I’m see the markets. Longby DylanCassar2
EURUSD SHORT Range Support- below lies pool of LQ Resistance- Above lie pool of LQ Free trade zone— Drop!Shortby sifitrend1