Get started

U.S. Dollar / Euro

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

USDEUR trade ideas

EURUSD H4 | Bullish Bounce off 127.2%?Based on the H4 chart analysis, we can see that the price is falling toward our buy entry at 1.0528, which is an overlap support. Our take profit will be at 1.0605, a pullback resistance. The stop loss will be placed at 1.0460 which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
EURUSD Trading Journal Nov14EURUSD Trading Journal Nov 14 sentitments Price is in a deep discount, reversal for buy side liquidity is anticipated. I suspect in NY we could see price come to 1.06014. I will be looking for longs. That said I am bearish and will trade what the chart shows me. All week price has been seeking lower and lower prices. So it is assumed that the market will deal its longs at the 50% level mentioned above. I anticipate for price to seek the clean equal lows for a low target.
Long
by LParnell
#EURUSD - 14112024 I was cautiously bullish for EURUSD yesterday for a move higher but was much wrong on the move. EURUSD re-tested the lows then moved higher but was capped by the algo bands before the further sell down to 1.0566 strong level. The strong levels as shown on the charts could give a pullback but I shall not call for any longs for today (though 1.0525 is a good level to do so). In the event of a pullback, look for 1.0590/1.0606 for short opportunities for a move lower.
by FadeMeIfYouCan
I think I got this...but I'm going against the dollar at low low Asia Thursday and very little rest for the wicked. My attempt at doing something for a change different to trading and getting a life, I ended up mowing the back lawn. Betting here against the USD, I could feel the squeeeze for a bit of love for the EURO. I like this combo, unlike Gold they don't start betting against you, if you get direction right they may not give it to you straight away, but then ya see your account an hour or 2 later and they liked your work. Well that's what I tell myself. Theres less volume this time of day. Last night or yesterday daytime NY, as am in Australia, after sqeezing a bit of profit out of those tight-ars*s over at the Gold & Silver show, I went across and took about 5 long positions with the Japanese Indices, they were down about 1.7%, I saw that the chart was good to go long, the rubber-band trade which is my go-to, it was a pleasure to trade with them, I guess I was one of the first to turn the trade around for them and they appreciated that, but it was all the other hands coming in Long after me. I might make a video for a bit of a laugh.
Long
by Easy_Explosive_Trading
EUR/USD FundamentalThe EUR/USD pair is influenced by a variety of fundamental factors, including: Euro-Zone Factors: Economic Growth: The Eurozone's economic growth rate relative to the US economy plays a significant role. Stronger growth in the Eurozone tends to support the Euro. Inflation: The European Central Bank's (ECB) monetary policy decisions, particularly interest rate adjustments, are influenced by inflation levels. Higher inflation can lead to tighter monetary policy, which may strengthen the Euro. Political Stability: Political events and uncertainties within the Eurozone, such as elections or government instability, can impact market sentiment and the Euro's value. US Factors: Economic Growth: The US economy's growth rate relative to the Eurozone is a key factor. Stronger US growth can strengthen the US Dollar. Inflation: The Federal Reserve's (Fed) monetary policy decisions, including interest rate adjustments, are influenced by US inflation. Higher inflation can lead to tighter monetary policy, which may strengthen the US Dollar. Political Stability: Political events and uncertainties within the US, such as elections or government instability, can impact market sentiment and the US Dollar's value. Global Factors: Risk Appetite: Global risk sentiment can affect both currencies. During periods of increased risk aversion, the US Dollar, often considered a safe-haven currency, may strengthen. Commodity Prices: Fluctuations in commodity prices, particularly oil, can impact both economies. Rising oil prices can benefit the US economy, while it can negatively impact the Eurozone, which is a net importer of oil. Geopolitical Events: Global geopolitical events, such as wars or trade tensions, can influence both currencies. Additional Considerations: Market Sentiment: Overall market sentiment, including investor confidence and risk appetite, can impact the EUR/USD pair. Technical Analysis: Technical analysis, which involves studying price charts and patterns, can provide insights into potential price movements. Central Bank Interventions: Central bank interventions, such as currency market interventions or changes in monetary policy, can significantly impact the EUR/USD pair. It's important to note that the EUR/USD is a complex pair influenced by a multitude of factors. Staying informed about economic indicators, central bank policies, and geopolitical events is crucial for understanding the pair's dynamics. Additionally, consulting with financial experts or using reliable market analysis tools can help you make informed decisions when trading or investing in the EUR/USD.
by ITManager_US
EUR/USD slips to 7-month low on weak eurozone confidence dataThe euro can’t seem to find its footing. EUR/USD is down for a third straight trading day and has declined 0.38% on Wednesday, trading at 1.0608 at the time of writing. Earlier today, the euro dropped as low as 1.0606, its lowest level since April 15. The US dollar rose after Donald Trump’s decisive election win, and the dollar is getting a boost as the Republicans are likely to win the House of Representatives. This would give the Republicans control of the House and the Senate and would make it easier for Trump to push through his agenda. The eurozone ZEW economic sentiment index fell in November to 12.5, down sharply from 20.1 in October and well short of the market estimate of 20.5. It was a similar story for the German ZEW release, which fell from 13.1 to 7.4, shy of the consensus of 13. Investors and analysts are pessimistic about the economic outlook for two reasons. First, the Trump victory could signal new tariffs on European products and even trigger a trade war, the last thing the weak eurozone economy can afford. The second concern is the collapse of the German government coalition, with a snap election called for Feb. 23. The European Central Bank meets next month and has signaled another reduction. ECB Governing Council member Olli Rehn said on Tuesday that a December cut is likely. The markets have priced in a reduction of 35 basis points in December, suggesting that traders are split on whether the ECB will opt for a cut of 25 or 50 basis points. There are differing opinions among the Governing Council members and we’re likely to see these opposing views aired in the coming weeks. EUR/USD tested support at 1.0614 earlier Below, there is support at 1.0572 There is resistance at 1.0671 and 1.0713
by OANDA
EUR/USD Under Pressure Amid USD Strength and Eurozone ConcernsToday, the EUR/USD currency pair is under downward pressure due to a strengthening U.S. dollar. This decline follows recent market uncertainty, particularly as the U.S. political landscape has experienced volatility, and strong U.S. economic data has fueled demand for the dollar. The euro has also been weakened by economic concerns in Europe, including ongoing challenges in Germany, which have reduced investor confidence in the eurozone's stability. Looking forward, the EUR/USD pair may face further downward movement if the U.S. economy continues to strengthen, driving expectations of higher interest rates. If the pair breaks below the 1.0650 support level, it could move towards lower levels in the short term. However, political events and economic data will remain key factors influencing the pair's direction.
Short
by VivianPalacios280824
EUR/USD Continues to DeclineEUR/USD fell to a 30-week low on Monday, starting the week with a 0.6% decline. The pair continues to weaken below the 1.0700 level as Euro investors remain cautious, awaiting key US inflation (CPI) data and Eurozone GDP figures to be released later in the week. The Euro is under pressure mainly due to investors focusing on US economic indicators, especially the October CPI, which could influence the Federal Reserve's decision to maintain high interest rates. If inflation continues to rise, the likelihood of the Fed keeping interest rates elevated increases, further strengthening the US dollar and continuing to weigh on EUR/USD. Currently, EUR/USD is trading around 1.0647, down 0.01%. The key resistance levels are at 1.071 and 1.080, which are significant barriers to any upward momentum for the pair. When EUR/USD tests the 1.071 resistance level, it is likely to reverse and head back toward the 1.064 support zone. Even if there is a potential rebound to test the 1.080 level, breaking through this resistance will be challenging. If the pair fails to break above this strong resistance, the downward trend is likely to continue, with EUR/USD potentially dropping further, even below the 1.064 support level.
by Alisa_Rokosz
EUR/USD Analysis Update: Impact of Election OutcomesIn light of recent developments, particularly the election victory of Republican candidate Donald Trump, market sentiment has shifted significantly. As anticipated in my previous analysis, this outcome has fueled optimism, contributing to a further decline of the EUR/USD pair by over 130 pips. The so-called "Trump trade" continues to support the strength of the USD, as the Republican sweep of both the House and Senate clears the way for the implementation of Trump's policy agenda. From a foreign exchange perspective, this is likely to result in increased fiscal spending, tariffs, and tighter immigration rules. These factors are expected to sustain the DXY (Dollar Index), along with upward inflation pressures that could keep interest rates higher than previously projected. From a technical standpoint, the bearish trend remains firmly in place across all timeframes: Daily (D1) Chart: The price action recently broke below the lower boundary of a two-year-old neutral rectangle at approximately 1.0670. This breakout signals further downside potential, with the next key support level at 1.0500, which I expect to be tested by the end of the year. Weekly (W1) Chart: The price action failed to break below the important support level 1.0640. If this level is breached, the next support at 1.0450 comes into play, indicating the potential for further declines. Monthly (1M) Chart: Notably, an interesting pattern emerges from historical performance in the last three months of election years. In years when a Democratic candidate won (2012, 2020), the EUR/USD recorded an approximate rise of 4.8%. Conversely, during Donald Trump’s first presidency in 2016, the EUR/USD fell by 4.6% during the same period. If this pattern holds for the October-December timeframe of 2024, we could see the EUR/USD reach levels as low as 1.0425 before a potential correction at the beginning of 2025. As you've likely heard many times recently - the next few weeks will be critical - in determining whether these levels hold or if we see a more significant breakdown.
Short
by XAUBanker
EUR_USD (204 Pips)This Forex setup describes a bearish trend where the price is consistently making lower highs and lower lows over the last week. This indicates a downward trend in the currency pair, with sellers gaining control over the price action. The analysis is based on: Market Sentiment: There is an expectation of USD strength due to confidence in a potential Trump administration. This sentiment is causing investors to favor USD, pressuring the currency pair down. Historical Support Level: The setup suggests the price is likely moving toward a significant support level from 12 months ago, at 1.04500. This level might act as a target for the current downward trend. Potential Pip Movement: With a target level at 1.04500, this movement is anticipated to cover around 204 pips from the current price level. This can be substantial in a short-term Forex trade, signaling a possible opportunity for traders looking to capitalize on the USD strength. In summary, this setup combines technical indicators of a downtrend (lower highs and lows) with fundamental USD strength, targeting a previous support level, suggesting a 204-pip decline.
Short
by NYHTSTAR
EURUSD Wave Analysis 11 November 2024 - EURUSD under bearish pressure - Likely to fall to support level 1.0600 EURUSD currency pair is under bearish pressure after the earlier breakout of the key support level 1.0685, which has been reversing the price from the middle of June. The breakout of the support level 1.0685 should strengthen the bearish pressure on this currency pair. Given the simultaneously bullish USD sentiment and the bearish Euro sentiment seen across the FX markets today, EURUSD currency pair can be expected to fall to the next support level 1.0600 (former strong support from April).
Short
by FxProGlobal