#EURUSD 1DAYEURUSD Daily Analysis
The EURUSD pair is forming a falling wedge pattern on the daily chart, which typically signals a potential bullish reversal. The price is currently consolidating within the wedge, and a breakout above the resistance line would indicate a shift in momentum to the upside, offering a strong buy opportunity.
Technical Outlook:
Pattern: Falling Wedge
Forecast: Buy ( More Buy Opportunity upon Resistance Breakout)
Entry Strategy: Enter a buy position after the price breaks above the wedge's resistance line and confirms the breakout with bullish price action, such as a strong close above the resistance or a retest of the breakout level.
Traders should monitor supporting indicators like RSI for oversold conditions or MACD for a bullish crossover. Risk management is essential, with stop-loss orders placed below recent lows and profit targets set at key resistance levels above the wedge.
Eurusdlong
EURUSD Will be in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD - HEADING NORTH ON RECOVERYTeam, last 2-3 days, we have been successfully doing well on the EURUSD, long position
Yesterday was a roller-coaster day; we got 3 times rewards. all target hit
Today, we are entry-long at
Time to go long Eurusd at 1.04700-30 - STOP LOSS at 104385
Target 1 - 1.04800-30
Target 2 - 1.04950-65
Target 3 - 1.05115-45
Once it hits the first target, take some partial and bring stop loss to BE
Note: There will be a sideways effect for EURUSD before it goes up! Three times it has been fast up and down. When I enter the office, I will draw a chart of what we expect from them.
#EURUSD 1HEURUSD 1-Hour Analysis
The EURUSD pair is trading within a downtrend channel on the 1-hour chart and is approaching a key support area near the lower boundary of the channel. This support zone presents a potential buy opportunity as it may act as a reversal point for a short-term bullish move.
Technical Outlook:
Pattern: Downtrend Channel and Support
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Consider entering a buy position near the channel's support line, confirming with bullish price action signals such as a bullish engulfing candlestick or a bounce from the support level.
Traders should ensure proper risk management by placing stop-loss orders below the support level to account for potential breakdowns. Profit targets can be set at the midline or upper boundary of the channel for optimal returns.
EurUsd completed 5 wave now ready to complete wave CLooking for Impulse Up
EurUsd completed wave 1,2,3,4,& 5. waves a and b also done now it will move to complete wave C. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
Buy opportunity
In this analysis, I observe a potential ABCD harmonic pattern forming on the EUR/USD chart:
The market has completed points A, B, and C and appears to be heading towards D.
If the price reaches point D, where 1.617 BC extension aligns with support and trendline confluence, it could be a good opportunity to BUY.
Key Levels to Watch:
Point C: Recent lower high (Resistance)
Point D: Potential buy zone near support trendline
RSI: Monitor for oversold conditions near D point for confirmation.
Trading Idea:
Entry: Around D point (Watch for price reaction at the support trendline).
Target: At least back to point C or higher depending on price action.
This is a high-probability trade if the harmonic structure completes successfully. Keep an eye on volume and RSI for additional confirmation.
EURUSD Long#EURUSD (1 day)
Euro/Dollar formed the "Reversal Head shoulder " pattern, we will consider Long when breaking through resistance and consolidating above it, target 1.0800! Cancel and break below 1.0400
The author's opinion may not coincide with yours! Remember this and take this into account in your trading transactions before making a trading decision.
Your reactions are your support for my work
#EURUSD 4HEURUSD 4-Hour Analysis
The EURUSD pair is forming a head and shoulders pattern on the 4-hour chart, which is typically a bearish reversal signal. However, in this case, the price action suggests a potential invalidation of the pattern, favoring a bullish breakout scenario. If the neckline resistance is broken, it could provide a buy opportunity.
Technical Outlook:
Pattern: Head and Shoulders (Potential Breakout)
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Enter a buy position upon a confirmed breakout above the neckline resistance with strong bullish momentum.
Traders should monitor for bullish confirmation such as a breakout candlestick with increased volume or indicators like MACD signaling upward momentum. Proper risk management is crucial, with stop-loss orders placed below the neckline and profit targets set at the next resistance levels.
EURUSD BUY PositionThe EURUSD has formed a pattern, and based on that, along with the support marked by the yellow line, a price reversal in three stages is expected up to 1.10850. Good Luck
Based on the previous analysis of GBPUSD published in earlier posts, these two currency pairs are directly correlated, meaning the rise of one leads to the rise of the other.
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Will be in bearish direction
Hello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD Will be in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD Will be in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAU/USD (Gold) - H1 - Triangle BreakoutThe XAU/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2652
Target Levels:
1st Resistance – 2711
2nd Resistance – 2748
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
NZD/USD Insight: High-Probability Targets for the Week AheadAnalysis:
From the HTF Weekly Chart, NZD/USD highlights critical price action after a long-term sell-side liquidity raid at the equal lows. A recent bullish candle close above the last down candle and the swept lows suggests potential upward momentum, confirming a likely retracement or continuation higher.
Key Levels to Watch:
Immediate Target:
- Buyside liquidity at 0.60364 (minimum target).
Potential Reversal Zones:
- Bearish breaker at 0.61600, reinforced by a Fair Value Gap (FVG) at 0.61077, making this
breaker a high-probability resistance zone.
Downside Potential:
- If price reacts at the bearish breaker, anticipate a move lower targeting sell-side liquidity at
0.57720, which aligns with the higher timeframe structure.
Price dynamics will heavily depend on how price reacts to intermediate levels, particularly the bearish breaker and its confluence with the FVG.
Conclusion:
- Short-term: Expect price to reach 0.60364.
- Medium-term: A reaction at 0.61600 could lead to a reversal targeting 0.57720.
- Always trade with confirmation at these key zones.
Bullish Catalysts for EUR/USDTechnical Analysis
Monthly Chart:
The weakening of the U.S. Dollar (DXY) creates a favorable environment for bullish movements in EUR/USD. On the monthly chart, the euro is positioned near a significant support zone that aligns with a strong buying area. With the dollar's liquidity grab above 107.348 signaling further downside potential, EUR/USD is well-positioned for upward momentum.
Daily Chart:
The daily chart confirms a strong bullish structure, with higher highs and higher lows indicating sustained upward pressure. The recent weakness in the DXY aligns with this bullish trend, reinforcing the potential for continued euro strength. This week's price action suggests buyers remain firmly in control, and the technical setup supports a move toward higher targets.
Fundamental Analysis
Impact of the U.S. Dollar Weakness:
The euro stands to benefit significantly from the current bearish outlook on the DXY. With the Federal Reserve showing hesitancy toward further rate cuts due to inflation concerns and strong labor market conditions, short-term volatility is likely. However, any signs of labor market weakening or inflation stability could lead to aggressive rate cuts, further weakening the dollar and supporting EUR/USD upside.
Key Catalysts:
This upcoming week, Nonfarm Payrolls (NFP) and unemployment rate data are expected to provide critical directional cues:
Expected Increase in Unemployment: If the unemployment rate increases as forecasted, this would add downward pressure on the DXY, fueling strong upside potential for EUR/USD.
Nonfarm Payroll Volatility: Regardless of the outcome, NFP data typically injects significant volatility into the market. Even in scenarios where unemployment data does not meet expectations, the euro could still reach key targets due to the strong technical bullish structure and high demand at monthly zones.
Summary and Outlook
Technical and Fundamental Alignment:
EUR/USD is in a prime position for further upside given:
The bearish outlook on the DXY, signaling continued weakness in the U.S. Dollar.
The bullish structure on the EUR/USD daily chart, which supports continued buying pressure.
Key catalysts this week, including unemployment and NFP data, which are likely to favor euro strength under expected scenarios.
Key Factors to Monitor:
The actual results of unemployment and payroll data.
Fed commentary and market sentiment on potential rate adjustments.
Any unexpected geopolitical or macroeconomic developments affecting the eurozone or the U.S.
Price Expectations:
Short-Term Target: The bullish structure supports a move toward a significant monthly resistance zone where strong buy-side liquidity resides.
Medium-to-Long-Term Target: If dollar weakness persists and unemployment increases, EUR/USD could see a strong bullish move extending beyond this resistance, possibly forming new highs.
With the DXY weakening and structural alignment in favor of the euro, buying EUR/USD remains a favorable strategy this week, supported by both technical and fundamental factors.
EURUSD Bullish ? Monthly FVG Reversal Setup to the UpsideBreaking down the EUR/USD setup:
Sell-Side Liquidity Raided:
Price has effectively taken out the sell-side liquidity (SSL) levels at 1.060 and 1.04482, creating the conditions for a reversal.
Monthly Fair Value Gap (FVG):
Price has tapped into the monthly FVG and, more importantly, closed above it, signaling a possible bullish reversal.
Higher Timeframe Bias:
The monthly FVG holds strong as a bullish PD array. With price rejecting this range, there’s potential for a move toward the weekly buy-side liquidity (BSL) at 1.09387.
Obstacles to Watch:
Price is approaching two high-probability bearish FVGs on the weekly timeframe. These zones could cause re tracements back into the higher timeframe monthly FVG range.
Monitor these areas closely for signs of price respecting or disregarding these bearish zones.
Projection:
If price continues to disrespect the bearish FVGs and maintains bullish displacement, a continuation toward 1.09387 is likely.
Keep in mind retracements into the FVG range as healthy pullbacks during the move higher.
Conclusion:
This setup highlights a high-probability reversal scenario based on ICT concepts. However, as always, patience and confirmation are key—watch how price reacts to the bearish FVGs along the way.
Disclaimer: Always conduct your own research (DYOR) and trade responsibly.