Get started

U.S. Dollar / Euro

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

USDEUR trade ideas

Will we soon see a bullish EURUSD?You could say that my argument is far fetched (and I would not argue that), but hear me out please!! Weekly chart Note that the green zone has held as support for the most part. The 20sma is quite far above price, will price revert to the mean? This pair has tried to break below the zone for several weeks recently, but failed. Daily chart (above) We can see a double top around 1.1189 where the bears gained control. There also could be a double bottom at 1.0343, maybe.. Look at the relatively large bearish candle 3 days ago, it does show a lot of power and momentum behind the bears. But where did all that power go? I don't see any momentum in the next 2 days with the bears, actually maybe the bulls are trying to take over. The quick recovery of price from the big bearish move looks like what many traders call a false break. Is it that? time will tell. H4 chart You can now see that price has been consolidating for the past few days (yellow box) and this does look like accumulation of orders. The bears did try to push through strongly but failed. In fact a lower high was formed when the bulls succeeded to break above that structure with some strength (BOS at 1.04122). I realize that this happened on a Friday and during the holiday period when volume is low and reading price action at these times is less reliable. But I do believe that if you are still trading, then paying very close attention to EURUSD could be beneficial. Watch other pairs too to see if the USD is getting weaker. Merry Christmas, happy holidays and have a great 2025 This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Long
by Trading_Vista
EUR/USD Daily Chart Analysis For Week of Dec 20, 2024Technical Analysis and Outlook: The Eurodollar exhibited a bearish trend during the initial part of the week; however, it subsequently demonstrated a significant recovery by retesting the completed Outer Currency Dip at 1.035. This renewed interim rebound is poised to drive the Eurodollar toward the Mean Resistance level of 1.051. However, it is crucial to recognize that a retest of the completed Outer Currency Dip at 1.035 remains plausible.
by TradeSelecter
EUR /USD 4hr bearish wave FX:EURUSD 4-hour chart suggests that we are currently in a bearish wave pattern, which is expected to persist into early next week. The progression is as follows: • The first wave has already started and is targeting the 1.04678 range (2nd wave). • A deeper decline is anticipated for the 3rd wave, reaching around 1.03123. • A corrective bounce may occur in the 4th wave, retracing to approximately 1.04168. • The final bearish push, the 5th wave, is projected to reach around 1.02164. This wave structure aligns with continued downside momentum, with corrective pullbacks likely along the way.
Short
by kenbol
EUR/USD Tests Key Pivot Points Amid Bearish TrendHello, FX:EURUSD has broken above the 1D resistance level and is now advancing towards the 1W pivot point (PP) for another test. If it successfully crosses and holds above this PP, further upward movement is likely, applying to both the 1W and 1M pivot points. However, it’s important to note that the pair remains in a strong bearish trend overall. Despite this, buyers have taken long positions, viewing the recent low as a potential turning point for an upward move. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
EURUSD Waiting for confirmation1. Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0380 - 1.0466 On the Daily chart also note FVG between 1.0422- 1.0480 3. Trend Confirmation: Price has break support at 1.0453 with massive net sell volume. Price has rise back to Daily & H4 FVG area. 4. Position: Entry: Waiting for confirmation Stop Loss : 1.0485 Take Profit: 1.0345 & 1.0240 (fibo 161.8 & previous low) RRR : 1:xx ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Short
by Phoenix-Rise-Trade
EU/USD Technical Analysis ReportEUR/USD Technical Analysis Report December 20, 2024, 06:00 GMT Current Price: 1.03628 Recent Market Events & Price Action Recent FOMC rate cut of 25 basis points (December 18, 2024) accelerated bearish momentum Previous range break (1.05927 - 1.04541) signals strong bearish continuation Yesterday's retracement to 1.04235 identified as liquidity grab before continuation Technical Structure Key Trend Points Downtrend initiated: September 30, 2024 Trend confirmation: Bearish daily engulfing candle (November 5, 2024) Range formation: November 13 - November 27, 2024 Range break: December 18, 2024 (post-FOMC) Moving Average Analysis Price consistently trading below Daily 20 EMA Broken below Daily 200 EMA with sustained movement below Historical Key Level Analysis Major historical level approaching: Previous support: May 12, 2022 Previous resistance: August 9, 2022 Last mitigation: November 15, 2022 Potential Scenarios Bearish Scenario (Higher Probability) If current historical level breaks, expect movement towards: 1.00951 0.99599 0.97402 Bullish Alternative If level holds as support: Potential retracement back to range high (1.05973) Would indicate renewed EUR strength against USD Key Levels to Watch Recent High: 1.04235 (December 19 retracement) Previous Range: 1.05927 - 1.04541 Major Support Levels: 1.00951, 0.99599, 0.97402 Risk Management Considerations Monitor price action around historical support level Watch for potential false breaks Consider reduced position sizes due to recent high-impact news event Note: This analysis is for educational purposes only. Always conduct your own analysis and manage risk appropriately.
Short
by FXCapitalClub
Interest Rates Are Falling, So Why Is the EUR/USD Declining?Hello everyone, Currently, the EUR/USD pair is trading with a slightly negative bias around 1.0360 in early Friday’s Asian session. The major currency pair remains defensive as the US Federal Reserve adopts a less dovish stance despite cutting interest rates by 25 basis points at its December meeting on Wednesday. In summary: The Fed’s hawkish tone has delivered its intended impact: the dollar has strengthened, and markets have weakened. Today, all eyes are on the November Personal Consumption Expenditures (PCE) Index, the Fed’s preferred measure of inflation. Meanwhile, the EU will release its preliminary estimate of December Consumer Confidence. Technical Perspective: After the initial decline, the price attempted to recover but faced resistance at key levels, highlighted by the blue liquidity zones on the chart. If the price fails to break through the liquidity zone at 1.03894, we could see further bearish pressure. The first target lies at 1.03502, and a break below this level could drive the price toward 1.03000, marking a significant move for the pair. Wishing you all successful trades and great profits!
Short
by Trader-Briannnn
#EURUSD - 20122024After Wednesday's sell down, price action near term price action showed a recovery and I said to short from higher up. Indeed, we saw a move up of over 50pips before an ability to move higher, and it just closed back near the lows. However the lows still hold. Not exactly bearish though IMO, but could be early to say lows is in in terms of daily candle. For lows to be in, might need a flush down and a quick recovery, similar to what I share for indices. I would try for longs today, either from a level lower, 1.0320/333 or if price can break above PZ and hold, a long from higher.
by FadeMeIfYouCan
Fundamental Analysis of EURUSDEURUSD is trading in the support area which has been respected by the price action since December of 2022. Similarly, there is an area of resistance. There are two scenarios based on the current geopolitical tension and the policy of the new administration in the US. Scenario#1: Risk OFF or USD depreciates against EUR and other currency pairs The new US administration will take charge in Jan 2025, and by that time if the Scenario#2 has not happened then the EUR should appreciate significantly against USD. The new administration is expected to be business friendly. The US economy should get an ultra-boost because of lower taxes and less regulations. There are many other promises made by the winning party like the increase in import tariffs on all the countries, deportation etc., maybe those promises were to attract voters. We don't know how it will play out, so we go with the simple approach that republican party means less regulation, hence business friendly. Scenario#2: Risk ON or USD appreciates against EUR and other currency pairs This scenario could play out even before the new administration takes charge!!! We don't know if it is a bluff from Russia or a real threat, but the fear of nuclear war can be frightening. Whenever there are major escalations in the world, the USD appreciates and that is as simple as 1 + 1 = 2, right?
by spranav
1
Missed Trade Recap: EURUSD - SHORT, 19/12/2024EU Bias Analysis: Daily EPD had been achieved on the minor range and the 4H had established a bearish pro-trend. After reading between the messy price actions lines, I confirmed that short entries were in line with the 1H bearish range. Price pulled back to equilibrium at 50% and the short position could've been executed after entry confirmation. Grade: High Risk Why I Missed This Position: - This position was a high risk trade, and as I'm currently in phase 2 of the trait building protocol, I am only permitted to take low risk variations. - A low risk variation of this position would've seen price retrace to at least the 70.5% fib level without displacing and forming 1-sided FVG's. Once a 1H or 4H KI area was mitigated, I would then require an internal sweep of TBL on the 15M timeframe to satisfy trade parameters.
Short
by The_Modern_Day_Trader
A Delicious Mouth-watering Sell on EURUSDA delicious Set Up is cooking on EURUSD! Higher time frames are on a selling season We will be looking for a major sell at 1.04880 with Stop Loss at 1.04951 and TP at 1.03443. This is a beautiful High Probability set up at a key Supply Zone. How to enter safely? Once price reaches 1.04880, wait for lower time frame confirmation (a change of character and formation of a new order block on 1 minute + the mitigation of that order block before entering for safer entry.) Enter the trade immediately at the mitigation of the 1 minute order block.
Short
by Alpha_Trader_GOD
4