EURUSD Next possible moveWe are waiting for our asset to reach our action zone, and based on the reaction, we’ll decide on our next moves.ALWAYS WAIT FOR A CONFIRMATION TO SEE IF THE PRICE VALIDATES THE ZONE.Longby eLs-Trading1
Read The EURUSD Market Let's Read EURUSD Price Action after Mr. Trump is Elected as next US President, Good Luck With Your Trades <309:09by FXSGNLS2
EUR/USD 07/11/2024EUR/USD 7 november top down analyse let me know what you think about thiso neShort10:56by IemranFX1
EUR USD SELL LIMIT NOWict and smc concepts MSS AND BOS SSL AND BSl FVG AND OB AMDShortby BaronFx00091
EURUSDLooking at the market, we see an impulsive move to the downside. This is a positive sign, as such impulses often create an imbalance that will act as a magnet for price. As the market moves up to fill this imbalance, it will sweep resting liquidity along the way, providing fuel for the move. Eventually, this should bring us to our supply zone. Once price reaches this zone, we'll shift to a lower timeframe to look for a change of character as a potential entry signal.Shortby EzratradesFX1
EURUSD**EURUSD:** This week's forecast is for a continuation of the decline caused by the US elections. The price has broken through a strong trend line and the probability of continuing the bearish trend is very high. We expect the first level to be between 1.06650 and 1.06402, thus breaking through the key level at 1.06793.Shortby SpinnakerFX_LTD1
EUR/USDOn Daily chart, price is below 200, 50 & 20 EMA and broke through Support 1.0800. in 10 Minutes shows it's in correction and most likely will hit back 1.0800 to confirm and if it holds, it will go down potantially until 1.05000.Shortby Ha-Lion1
EUR/USD LONG FROM SUPPORT Hello, Friends! EUR/USD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.089 area. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 119
EUR USD SELL LIMIT NOWict and smc concepts MSS AND BOS SSL AND BSl FVG AND OB AMDShortby BaronFx00091
Euro collapses in US election aftermath | FX ResearchThe US dollar is making significant moves today, soaring higher following a surprising victory for Donald Trump. The dollar has reached its strongest level in a year, making notable gains against the euro and yen. Risk-correlated assets have sold off, but the dollar is benefiting from a positive reaction in US equities, with futures pushing to fresh record highs. The "Trump trade"—driven by expectations of tariffs and tax cuts—is lifting both the dollar and stocks. The market will likely take the rest of the day to digest what has been a surprising result for many. Predictive market platforms are gaining more credibility today, having forecasted a clear Trump victory for several weeks. On the data front, euro area figures came in slightly stronger than expected, but this had little impact on the euro, as concerns over Trump’s tariffs weigh on sentiment. UK PMIs were slightly softer, while earlier today, New Zealand's employment data missed expectations. In other markets, Bitcoin hit a fresh record high and could be on track to accelerate towards the $100,000 mark. After months of consolidation, Bitcoin’s gains have been somewhat tempered by the surge in dollar strength. However, we suspect that as the dollar slows down—either due to technical overextension or a shift in focus toward expectations of more rate cuts from the Fed—Bitcoin and crypto assets could accelerate to the upside. Looking ahead, we have an ECB speech from Christine Lagarde and Canada’s Ivey PMI data on the docket. Exclusive FX research from LMAX Group Market Strategist, Joel Kruger by BlackBull_Markets1
EURUSD -> dont trust me, i have no clueSurely Mr. Donald himself will sort it out – after all, since he's the one who caused it, who better to step in and fix things?Longby SciFiLoveBuddha6
How the U.S. Election Could Impact USD and EUR/USD Trading"As the U.S. presidential election approaches, it’s time to consider how it might impact our trading strategies, particularly with the U.S. dollar and EUR/USD. Political shifts bring market volatility, so let’s break down how each outcome could influence the dollar and the EUR/USD pair. Election Outcomes and Market Impact 1. If Democrats Win: A Democratic victory could weaken the dollar, as policies may lead to lower inflation and reduced real interest rates. This scenario might push the EUR/USD pair higher, with potential targets around 1.1300–1.1850. For traders, this could mean a favorable environment to consider EUR/USD gains. 2. If Republicans Win: On the other hand, a Republican win might initially strengthen the dollar, thanks to expected trade policies and rising interest rates. However, this strength could be short-lived. Long-term factors may introduce volatility, potentially giving the euro a chance to regain ground against the dollar. Key Levels to Watch in EUR/USD From a technical standpoint, keep an eye on resistance levels from 1.1275 to 1.1750 for potential bullish moves, while support around 1.1000 and a critical level at 1.0900 could indicate a downturn. Combining these levels with election news can help you make informed trade adjustments. How to Trade Before, During, and After the Election Leading up to the election, watch for narrowing polls, as this could introduce uncertainty and increased volatility. During the election itself, expect the market to react strongly—prepare for a Trump win to potentially strengthen the dollar and a Harris victory to have the opposite effe by habib75rajabiUpdated 2
EURUSD ON The Rise BUYEURUSD Looks like it will make a good move and here are the details the market is trading on 1.0720 Baise >>> Bullish Goal >>> 1.0793 Recommended Stoploss 1.0687 Time Frame 8H Signal Longby GoldMarketKiller112
EUR / USD _ Distribution _ Prices _ Under _ Trading _ Venue _ OAEUR / USD _ Distribution _ Prices _ Under _ Trading _ Venue _ OANDA. 99.9% Struggle how to trade Forex , because when it come to Forex you must be a master of reading numbers. I will show you a simple strategy! __________________________ 1st Execution = 1.08801 ______________ Drop = $1.08801 ________________ Next Execution = 1.09788 ______________________ Drop = 1.08401 ________________________ Breakout = 1.11628Shortby Skill-Knowledge-Conduct7
EUR/USD Outlook: Key Levels and Potential Bearish ContinuationThe EUR/USD chart indicates a bearish outlook, with price currently trading below the pivot line at 1.07719. Bearish Scenario: If the price remains below 1.07719, further declines are likely toward the support levels at 1.06164 and potentially down to 1.05444. A break below 1.05444 could see the price reaching the next support level at 1.03906. Bullish Scenario: If the price manages to rise above the pivot line at 1.07719, it may aim for the resistance at 1.09156. A close above this level would suggest a shift toward bullish momentum, with the next target at 1.10050. Key Levels: Pivot Point: 1.07719 Resistance Levels: 1.09156, 1.10050 Support Levels: 1.06164, 1.05444, 1.03906 previous idea: Shortby SroshMayi8
DeGRAM | EURUSD pulled back to the support levelEURUSD is between trend lines under an ascending channel. After a decline in the channel, the chart formed a reversal harmonic pattern. The price has reached the support level, which coincides with the correction level and already 3 acted as a rebound point. We expect a rebound after the support retest. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM226
Trump's rise to power: is EURUSD heading toward 1.03? Looking forward, a large wedge pattern has emerged in EURUSD, targeting 1.0305 following a break below last week's low. While this pattern alone isn’t highly reliable, the recent election results have increased the odds of it unfolding. The pattern remains active as long as the price holds below 1.0830. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Shortby ThinkMarkets7
Intra-Day Strategies: Part 1 – Mean ReversionWelcome to a three-part series on intra-day trading, a focused and fast-paced trading approach that, when executed with precision, can sharpen your trading skills and deepen your market understanding. We’re starting with mean reversion, a method centred on spotting price overextensions and profiting from quick corrections. What is Intra-Day Trading? Intra-day trading involves capturing small, rapid price movements through a series of trades opened and closed within the same day. Unlike swing traders or position traders who wait for larger price moves, intra-day traders zoom in on micro-movements around key levels in the market. They capitalize on the cyclical nature of price volatility, harnessing expansion phases that follow periods of contraction. While this style can be rewarding, it demands quick decision-making, refined technical skills, and strict risk management. It offers the chance to gain valuable experience and refine trading accuracy through regular practice. Pros and Cons of Intra-Day Trading Before diving into the mean reversion strategy, it’s helpful to consider some unique aspects of intra-day trading. Pros: Intra-day trading offers frequent trading opportunities, especially in volatile markets, providing the potential for steady profits. It also allows traders to refine their skills in real-time, building expertise at a faster pace than longer-term strategies. Cons: This style requires intense focus and continuous monitoring, which can be mentally demanding. The frequency of trades can also increase transaction costs, which may impact profitability if trades aren’t carefully planned. Mean Reversion Strategy The Elastic Band Effect Think of mean reversion like an elastic band. When a price is pushed too far from its “normal” level—perhaps by a sudden burst of buying or selling—the band stretches. Eventually, that tension snaps back, pulling the price toward its mean. Mean reversion traders aim to capture this snapback, profiting from the return to the average. The key is to spot when the band is overstretched and position yourself to capture the correction. Spotting Mean Reversion Setups on the Chart In mean reversion, timing and precision are essential. Here’s a three-step approach to identifying setups for this strategy: Level Identification: Start by identifying a clear support or resistance level, like the previous day’s high or low. The more timeframes that confirm this level, the stronger the opportunity for an intra-day trade. Such levels attract price reactions, especially when volatility is high. RSI Divergence: Use the Relative Strength Index (RSI) to spot divergences at overbought or oversold levels. If the price is pushing toward a key level while RSI diverges from the trend, this signals that the “elastic band” is overstretched. For example, if price reaches a strong resistance while RSI diverges downward, a pullback is likely. Candlestick Patterns: When levels and RSI align, watch for candlestick patterns as entry signals. Key patterns include: • Fakeout: When price briefly pierces a level before reversing, signalling that the trend might stall or reverse. • Engulfing Pattern: A strong reversal sign where a candle “engulfs” the prior one, indicating momentum has shifted. • Double Top/Bottom: A pattern where price hits a level twice before reversing, suggesting resistance or support is holding firm. Combining these three elements creates a high-probability setup, allowing traders to capitalize on short-term corrections effectively. Example: EUR/USD In this example, we’re using the 5-minute chart for clarity, though trades can be executed on lower timeframes, depending on market conditions. The first entry setup (labeled Fakeout 1) forms as the market tests the prior day’s high, with RSI divergence indicating a possible snapback. A second opportunity (Fakeout 2) appears on a retest, where both the price pattern and RSI continue to align for a high-confidence entry. EUR/USD 5min Candle Chart Past performance is not a reliable indicator of future results Stop Placement and Trade Management Intra-day traders must pay careful attention to stop placement and management, as short-term moves can quickly go against you. In a mean reversion setup, stops are generally placed just beyond the key level identified in step one. For example, if entering at resistance, place a stop just above that level to protect against a breakout. For trade management, keep these principles in mind: • Initial Target: Aiming for a 1:1 or 1:1.5 risk-to-reward ratio potentially allows for more frequent profit-taking, which can build up over time. • Trailing Stops: As price moves in your favour, a trailing stop helps secure gains. This allows you to capture more profit while staying protected against a reversal. • Exit Triggers: Be prepared to exit if the price quickly re-approaches your entry level or if RSI and candlestick patterns begin to weaken. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Educationby Capitalcom1
Lingrid | EURUSD pullback and Continuation BEARISH TrendThe price perfectly fulfilled my last idea. It reaced the target zone. FX:EURUSD has gapped up and it's moving toward the resistance zone; however, the overall trend remains bearish. There is a possibility that the market move down if it rejects the resistance zone and the upper border of the channel. Historical price action indicates that the market has bounced off this level multiple times, reinforcing its significance as a resistance area. I expect that the market to initially push above the previous week's high, followed bearish move to fill the gap. My target is support zone around 1.08510 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻 Shortby LingridUpdated 9928
Massive short by Market Makers suggest price will...go lower to 1.072 - 1.07 zone. I would consider only shorts for next week. But !! Be carefull because elections and FOMC can make some spikes and wipe outs. If we get the confirmation, I will be looking to position myself with my students and followers as highlighted on the chart. Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔by Dave-HunterUpdated 121238
EURUSD falls towards 1.060 this weekOn the daily chart, EURUSD fell back quickly, and short-term shorts performed strongly. With Trump's election as the new president, a strong dollar is expected to come. At present, the short-term focus is on the 1.080 mark resistance. If the rebound is not broken, it is expected to continue to fall. The downside target is around 1.060. After breaking it, the support below is around 1.045.Shortby XTrendSpeed1
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!by ForexTrendline5
EURUSD BUY PROJECTION EURUSD has the been in an uptrend after the breakout and CHOCH from the downtrend to uptrend. I expect price to retrace back to the 50% retracement zone of the Fibonacci channel and go long. Longby Silveryekerete334