MY take Basically a tradational retest and breakout trade. The us dollar has been bullish for the past one month and i believe that the momentum will maintain till after the election . and there is Lets see how it works out Lab Rats
EURUSD trade ideas
EURUSD: Bearish Momentum with Key Levels to WatchEURUSD is currently trading around 1.0717, after a notable drop from recent highs. The chart indicates a potential retracement towards a resistance zone around 1.0756 - 1.0783 (highlighted in black), where sellers could re-enter the market.
If EURUSD fails to break above this resistance, we could see further downward momentum, with a key support level around 1.0687. A break below this support could signal a continuation of the bearish trend, potentially pushing EURUSD lower.
Updates on EURUSD continue to unfoldElection results are clear and already priced in.
But the important news for the week isn’t over yet.
Today, the FED will announce if it will lower interest rates again.
The announcement is during the US session, followed by the press conference 30 minutes later.
Watch for yesterday’s momentum to continue and a move towards 1,0616!
Potential buys on EurusdI'm seeing the market failing to pass it last low it made on 4hr TF after breaking a resistance level. Followed by my confirmations. What's are your thoughts ?
EURUSD’s Decline Pauses, Testing Key LevelsEURUSD has temporarily halted its heavy downward momentum as Thursday’s session begins, stabilizing around 1.073 and confirming a new low.
Currently, a recovery is underway to adjust the trend and test the EMA 34 and 89 lines, aligning with the Fibonacci levels at 0.5 - 0.618.
Despite this pullback, strong selling pressure remains due to the USD gaining an advantage as it regains its footing in the market.
Considering these technical factors, I still favor a sell strategy. What about you?
EURUSD: Expecting Bearish Continuation! Here is Why:
The price of EURUSD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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EURUSD_4H&1D_Buyhello hello
💠Eurodollar analysis in the medium term time frame
The analysis style is based on Elliott waves
According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support.
💠The important number of this week is 1.07777
Target and resistance 1.10000
Eurodollar analysis in the medium term time frame
The analysis style is based on Elliott waves
According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support.
The important number of this week is 1.07777
hello
Eurodollar analysis in the medium term time frame
The analysis style is based on Elliott waves
According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support.
The important number of this week is 1.07777
Target and resistance 1.10000Target and resistance 1.10000
Is a Trend Reversal Coming?OANDA:EURUSD
Multi-Timeframe Analysis
Current Price: 1.07962
Potential for a Bullish Reversal:
EUR/USD is showing strong signs of a possible bullish reversal across multiple timeframes, marked by key technical indicators:
• Breakout of Descending Channel Upper Trendline
• Weekly Major Support Zone
• Potential Double Bottom Formation
• Emerging Bullish Divergence
Descending Channel Breakout:
The price has broken above the descending channel’s upper trendline (highlighted in the red circle on the chart), turning this line into a weaker resistance zone.
Weekly Major Support Zone:
We anticipate that price may retest the major weekly support level at 1.07421. This zone could serve as a solid foundation for a double bottom formation, combined with a bullish divergence. If this occurs, it could present an optimal entry point for buyers.
Top of Trading Range:
Should price rally, the next significant resistance lies at the top of the trading range, around 1.08635. Given the strength of this resistance, we might see a pullback at this level before further movement upward.
Price Target:
Based on technical indicators and chart patterns, the final target stands around the psychological level of 1.10000.
Key Levels to Watch:
• Support: 1.07421
• Resistance: 1.08635
• Target: 1.10000
Stay tuned and happy trading!
EURUSD holding Still holding EU also re-entered GU but I won't be posting since I lost that trade initially. Next post will be the final results so stay tuned.
If you wanna know how to trade like me check out my channel on YouTube.
ManMcpriceaction
Eurusd Big Fall Today!FX:EURUSD trades sideways below 1.0900 in the early European session on Tuesday. The US Dollar looks to stabilize amid cautious optimism, as uncertainty over the US presidential election outcome lingers. US ISM Services PMI is also in focus, as Americans head to the polls.
EURUSD $$$
PLEASE DO NOT RUSH TO TRADE
be patient and always take LTF confirmation
BE A SNIPER NOT A GAMBLER
Don't trade emotionallyAt the moment, all instruments are showing significant movements.
This often leads to rushed and emotional decisions.
If you've decided not to trade during news events, wait for things to settle down and then look for the right opportunity.
If you do choose to trade at these times, strictly follow your risk management rules.
Today, there may be many surprises and misleading movements.
Don’t try to achieve everything in a single day; focus on long-term success!
An idea for EUR/USDIt seems that the break of the long-term trend line of the euro was done the other day after the election of Trump as the president of the United States. In this range up to 1.06, we can expect to continue the fall. A position with R:R equal to slightly more than 1. It is not very attractive to enter, but you can think about it!
Is The EURUSD Set For Possible Bullish Move? Is The EURUSD Set For Possible Bullish Move? Key Price Action Signals to Watch For..
👀👉 EURUSD is displaying strong bearish momentum, but is it over-extended? A significant pullback at a key support level could present a worthwhile opportunity. I'm closely watching this area for a possible buying setup that matches the key criteria covered in the video. In this analysis, we'll highlight crucial price action signals to monitor and discuss strategic positioning for the next potential move. Disclaimer: This analysis is for informational purposes only and is not financial advice. 📊✅
#eurusd #elliottwave long buy setup wave c 6Nov24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
High Probability EURUSD Buy Setup – FVG RespectEURUSD is showing a strong buy setup as price respects a daily Fair Value Gap (FVG) while forming a short-term swing high. A secondary FVG was created as price broke through the swing high, causing a retracement back into the FVG. The displacement through this high and respect of the FVG suggest bullish continuation, targeting the next daily swing high at 1.09981.
DYOR
Buy eurusdA strong buy coming weekly oversold, and some bullish correction expected minimum 200 pips.target
How To Get A 3.5+ Profit Factor And Huge Hit Rate (Price Action)I've filmed various high profit factor live videos with a great response.
Here's another with me closing out fully in net gains.
Tonnes to learn.
EURUSD-BUY strategy Kagi 6-hourlyThe pair has pressure no doubt, and may move slightly lower initially. Overall, the opportunity should be focused on BUY strategy, is my personal view.
Stragey BUY @ 1.0800-1.0840 and take profit near 1.1040 for now.
EURUSD following the newsToday wraps up a week of major news for the USD.
We saw a rise in the USD, while yesterday the interest rate was cut.
As long as EURUSD remains below 1,0930, it’s likely we’ll see further USD gains.
Watch for a rejection and possible selling opportunities.
The goal is to test and break through the previous low.
EURUSD Analysis: Reversal Signs From Rising ChannelOn the 1-hour chart of EURUSD, the price is trading within an ascending channel, with clear resistance and support levels formed by trend lines. Currently, the pair is hovering around the $1.0890 area, close to the upper resistance line of the channel. The continuous increase has pushed EURUSD close to this resistance level, however, there is a high probability of a correction when the price approaches the upper zone of the channel.
Prediction Scenario: If EURUSD encounters strong selling pressure at the upper resistance level, the price may correct to the support area around $1.0800.
What do you think about this scenario?
EURUSD / TRADING UNDER UPWARD PRESSURE / 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
Current Movement to Supply Zone (1.092 - 1.095):
• Prices are attempting to reach a supply zone between 1.092 and 1.095. This level acts as potential resistance where sellers may enter, potentially halting further upward movement.
Potential Decline to Demand Zone (1.085 - 1.083):
• If prices face resistance near 1.092 - 1.095, they might pull back to the demand zone between 1.085 and 1.083. This demand zone represents a level of support where buyers might enter, stabilizing prices.
Outlook if Prices Stabilize Above 1.085 - 1.083:
• Stabilization above this demand zone suggests an opportunity for prices to increase. The next target is another supply zone between 1.101 and 1.104, which could act as a new resistance level.
Risk of a Decline if Demand Zone is Broken:
• If prices break below the demand zone (1.085 - 1.083), it signals potential for further decline to a lower demand zone (1.079 - 1.076). A break below 1.076 would likely confirm a downtrend.
Trend Confirmation Based on Zone Breaks:
• Breaking the supply zone (1.092 - 1.095) would signal an uptrend, while a break below the demand zone (1.079 - 1.076) would confirm a downtrend.
EURUSD: Strong Bullish Bias! Buy!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.07314
Wish you good luck in trading to you all!
