2nd entry for the buyAdjust your positions!! So if yo isse don the first leg, the second leg is about to start and you rmeeber its the sessions now for pull uppps!!
USDEUX trade ideas
EURUSD-Trade Plan (First Week of December) Dear Traders,
Following a substantial sell-off, the Euro has entered a corrective phase. However, based on , I expect a short-term pullback to the 1.04500 level early next week. This downward movement should be seen as a corrective wave within a broader bearish trend. Subsequently, a bounce back towards the 1.06600-1.07000 resistance zone is likely. Once this resistance is tested, I anticipate the Euro will resume its downward trajectory, with a potential target at 1.02."
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Alireza!
Day 2 market Setup USDCAD looking bullish would go for a long position
EURUSD with a tight sl and a tight tp
NFP week Trade safe
SHORT BIASApologies for my earlier bias. Price rather broke previous low and tapped into previous lower high zone l. Expect bearish trend
03.12.2023 - EU Shorts 2nd AttemptShorting Euros! Previous trade idea was solid but it reached the BE level. Mainly BE due to REQH and NY opening. Re-entry now at M15 OB. Targeting 1:5 RR.
EurUsd Simple Analysis - 03 dec 24Eurusd seems to rise
Let's see how price reacts from those levels
Stay consistent and always stick to your trading plan
EURUSD: One More Selling Opportunity Another chance to sell today is on the EURUSD pair, which has recently tested a significant daily resistance level and formed a double top pattern on the 4-hour chart.
The broken neckline of the double top has been retested, indicating a potential further decline in price. The pair is expected to reach the 1.0453 level in the near future.
TP was metMy 72pips tp was hit earlier. Now price have broken previous high, expect some pullback and afterwards upward trend continuation
Will EURUSD Break Higher or Slide Further?EURUSD has been forming an inverse head and shoulders since November 14. However, it’s too early to assume prices will head higher, especially given the fundamentals, which all favor the downside. Coupled with yesterday’s slide, this suggests prices could move lower as long as they remain below 1.0550. The next support levels are 1.0465, followed by 1.0425. What’s your take on EURUSD? Share your ideas below.
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EU preparing for end of year up move!So far the areas where EU retraced shows potential support for upward move. As of now 1.033 was the last touch down for thus instrument.
For me this indicates further up move. I will wait for NY open as early session didn't align with my overall confluence. My ideal area of interest is 1.05033 . Target is still 1.070 max. Happy 😊 trading 💹
03.12.2024 - EU Shorts - SMCM15 bearish both externally and internally with alignment to the DXY. There is a decent chance to liquidate the REQH with Asia and London range but with the probability game. Betting on shorting here. If this takes me out, will try in NY at above supply zones.
Supply and DemandHTF showing price can push higher along with LTF however D is is still bearish. Expecting price to continue drawing to the liq pockets in price to confirm if we are seeing a MSS to the upside
EURUSD - forecast - December 2024closed almost exactly around POC so we might observe some tussle between buyers and sellers. so I would like to participate after price holds either side on volume. I see price settling below POC as volume is in favor of sellers.
Also, if we drop down to origin, we can see price is right below POC which means there is high probability that price might come down to test last week's POC and then just keep up with the existing trend.
EURUSD - Potential Outlook for 03/12/2024EURUSD has completed bullish move and rejected on resistance level. EMA50 is nearing a cross of MA200 and this could potentially open lower levels. Break of resistance will open above levels.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Potential sell zone Looking at this potential sell zone based off order blocks and FVG. Still a long way off entry but strong RR ratio and appears to be a valid set up. Limit orders in place. Let's see how it plays out
DeGRAM | EURUSD breaking the downward structureEURUSD is above the descending channel between the trend lines.
The chart has broken the descending structure.
The price is moving from the lower boundary of the channel and has already exited it.
We expect growth.
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EURUSD: 2 Years Moving Inside a Wide Trading ZoneEURUSD: 2 Years Moving Inside a Wide Trading Zone
EURUSD has been moving within a wide trading zone between 1.0450 and 1.1250.
This range of about 800 pips has been developing for nearly two years.
The pattern began in November 2022, and recently, the support zone around 1.0450 has once again proven to be strong.
On the daily chart, EURUSD appears to be starting a bullish trend.
The first resistance zones where the price may pause are near 1.0690, 1.0800, 1.0950, and close to the top of the range at 1.1250.
You may find more details in the chart!
Thank you and Good Luck!
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Fundamental Market Analysis for December 03, 2024 EURUSDThe EUR/USD pair is stuck at 1.0500 after the bullish recovery fizzled out. The pair was only able to squeeze out one green weekly candle after hitting multi-year lows around 1.0330.
Euro\Dollar failed to push back from the 1.0600 mark as the short-term rebound fades.
EUR/USD began another trading week by falling back to familiar short-term lows, failing an attempt to retrace to 1.0600 and pulling back to 1.0500, losing nearly eight-tenths of a percent on Monday. U.S. purchasing managers' index (PMI) data beat expectations but still came in below the 50.0 decline level, lending support to the safe-haven U.S. dollar.
European economic data remains sparse in the first half of the trading week, although several European Central Bank (ECB) speeches will be on the agenda. Another week of Nonfarm Payrolls (NFP) looms over the markets, with US net job growth data due out on Friday, and plenty of preliminary labor and wage data to come during the week.
ISM's US manufacturing PMI index rose in November, rising to a five-month high of 48.4 against a previous reading of 46.5, beating the forecast of 47.5. Despite the rise in the business expectations survey, the indicator is still in contraction territory below 50.0, meaning that most business operators still see a decline in overall activity in the coming months.
Trade recommendation: Watching the level of 1.0600, trading mainly with Sell orders
#019 DCA EURUSD SHORTShorting EURUSD. Price currently at Minor Resistance level so I decided to short it.
60sma on 1H Time Frame is in same direction as us.
No Sell Limit Orders placed yet.
