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Eurusdoutlook

EURUSD Long Term Buy Trading IdeaHello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD 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
by ForexPlanet20
EURUSD Pair Breaks Out of the Ascending Channel Weekly Analysis of #EURUSD, Monday, September 10, 2023 In the weekly chart of #EURUSD, the price has broken out of the #ascending channel and crossed below the 50-day moving average. Consequently, the market structure appears bearish or corrective. In the current week's trading, if selling pressure continues and the $1.07 rate is breached, the #EURUSD pair could initially move towards the minor support at $1.0635. If the #downward momentum persists, the next target for #EURUSD will be the support range of $1.0530 to $1.0481. So based on this analysis I suggests a bearish or corrective outlook for EURUSD.
Short
by POUSHEINI
2
EUR/USD: A 30-Minute Zone AnalysisSupport Levels: Support 1 @ 1.07062: Our journey begins with support at 1.07062. This level serves as an immediate safety net for EUR/USD traders. It's where the price often finds buying interest, potentially signaling a reversal of any downward movement. Traders should keep a watchful eye on this level, as a breach below it could signal the presence of further bearish pressure. Resistance Levels: Resistance @ 1.07493: On the flip side, we encounter a crucial resistance level at 1.07493. This level is a formidable barrier on the 30-minute EUR/USD chart. Resistance levels are where the price frequently faces selling pressure, potentially leading to a reversal of its upward momentum. Traders should remain vigilant here, as a decisive move above this level could signify a short-term bullish sentiment. Resistance @ 1.07982: Continuing our journey, we found another resistance level at 1.07982. Resistance levels like this one can act as significant roadblocks to price movement. Traders should closely monitor this level, as a successful breach could indicate a continuation of the current upward trend. Resistance @ 1.08081: Our final stop is resistance at 1.08081. This level is another noteworthy obstacle for EUR/USD. When multiple resistance levels are in close proximity, they can collectively strengthen the overall resistance zone. Traders should take heed, as a decisive move above this level could further bolster the bullish outlook. Conclusion: In the world of forex trading, comprehending support and resistance levels is akin to having a compass in uncharted waters. The EUR/USD market, with its unique dynamics, requires traders to carefully observe the identified support and resistance zones outlined in this analysis. However, it's crucial to bear in mind that the forex market is anything but static. It's subject to constant fluctuations influenced by a multitude of factors, including economic data releases, geopolitical events, and market sentiment. Therefore, while support and resistance levels offer valuable insights, traders should augment their analysis with a toolbox of technical and fundamental indicators to make well-informed trading decisions. Above all, risk management and prudent trading strategies remain paramount in the ever-evolving world of forex trading. Balancing opportunity with caution is the key to success in this dynamic market.
by enclavefx_Analaysis
Eurusd New Month .. New Lows to 1.07? 🛎️Traders! (≖_≖ ) we haven't seen a steady trend like this with 7 weeks of the same candles since June 2020. 0:0 Monthly timeframe 1:35 Weekly timeframe 5:13 Daily timeframe 7:25 4hr timeframe 9:46 1hr timeframe 11:30 Bias Hello traders. Yes, we did just create a daily support today at 1.0773. However, this support was created during a Bank Holiday and if you've hung around the block long enough in forex you know that Bank Holiday's have low volume and we should acknowledge them accordingly. If we do end up curling back to the upside here on Eurusd we do have 2 clean ranges on the 1hr and 4hr timeframes so long as we get above 1.08. With that said, the market is not random and we must act accordingly as we may coninue to descend into the depths below as we have been for nearly 2 months now. It is important to be flexible at times this . Bulls and Bear got thrown around last week with a early in the week Bullside push followed by a continuation of higher timeframe momentum to end the week, that also coincided with decent NFP data that was released better than expected. It is possible that we will soon touch into the next daily support level 1.0744. Momentum is still prevalent and so we must allot to it our due diligence.
Short
by ShrewdCatfx
EURUSD might fallEURUSD flirting on resistance price zone at €1.08 but also still on support trendline daily. Usually, based on price behavior (human psychology, maybe?), selling is stronger at below exact round number (below € 1.10), so I'm bearish for this pair. If it fall, target@TP1 should at €1.06 (200 pips), TP2 €1.04 (400 pips) and TP3 €1.02 (600 pips). Waiting for it to break recent swing low for bearish confirmation before take sell. What do you guys think?
Short
by UnknownUnicorn33119711
The Previous Week / Fundamental Releases and Price Action 🕋In this video we start by observing the movement of Eurusd from a top down perspective. We eventually break down the week's fundamental news releases and their impact on price behavior on the 1 hour timeframe as this is the bulk of the video. This week we went up and they came straight back down. Fundamental news releases played a suspicious role in the price behavior this week and we investigate their significance.
by ShrewdCatfx
EURUSD I Potentially headed toward strong weekly levelWelcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
by BKTradingAcademy
4
EUR/USD on the 30M Support and Resistance Zones Support Levels: Support 1 @ 1.08354: The level at 1.08354 serves as an immediate support zone on the 30-minute chart of EUR/USD. The price tends to find buying interest and potentially reverse its downward movement in support levels. Traders should closely monitor this level; a break below it could indicate further bearish pressure. Support 2 @ 1.07818: Support 2, located at 1.07818, represents another crucial support level. Historically, this level has acted as a significant area of price reversal. If breached, it may signal the potential for a more substantial downward move. Support 3 @ 1.07637: Support 3, situated at 1.07637, is a deeper support level. Traders should be aware of this zone as it represents a lower support level. A break below Support 3 could suggest an increased bearish sentiment. Resistance Level: Resistance @ 1.09619: The resistance level at 1.09619 stands out as a key level of resistance on the 30-minute EUR/USD chart. Resistance levels are where the price often encounters selling pressure and may reverse its upward momentum. Traders should keep a close eye on this level, as a decisive move above it could indicate a bullish sentiment in the short term. Conclusion: Understanding support and resistance levels is fundamental in forex trading. These levels provide critical insights into potential price reversals and trend continuations. Traders in the EUR/USD market should carefully observe the identified support and resistance zones outlined in this blog post. However, it's essential to remember that the forex market is subject to constant fluctuations influenced by various factors, including economic data releases, geopolitical events, and market sentiment. Therefore, traders should complement their analysis with other technical and fundamental indicators to make well-informed trading decisions. Risk management and prudent trading strategies are equally crucial when trading in the forex market.
by enclavefx_Analaysis
1
Messy Monthly Candle close😾🐱Just look at this ruthless pullback breaking hearts during this monthly candle close. 0:0 Monthly Timeframe and previous Long Call 2:14 Weekly timeframe 3:34 Daily timeframe 7:10 4hr timeframe 9:50 1Hr timeframe 12:01 Fundamentals If you've been around long enough, you would understand that the monthly candle close in forex can be tricky. Price pulled up during this previous daily candle close and that was probably the most straightforward move in the market that've I've seen in months. The 1.086 move towards 1.093 was very easy to anticpate. That was like the 1 trade a month sort of trade. Tbh I don't see a whole lot occuring prior to NFP data during friday NY session. We've already moved up a decent amount on the week. Tbh we've already hit my Weekly bullish targets being 1.093 and 1.09. With NFP, ohh mann, what a wild close to the week if we retrace towards 1.10 with a continued sentiment , Risk on , Sell USD
by ShrewdCatfx
Top Down Analysis for EURUSD - Q4The multi time frame analysis is in the updates below the main Idea. Since we have flipped bullish on the higher time frames, I'll give my big picture view on EU. I look at the timeframes like a gearbox or transmission. The H4 is a gear that, on one revolution will turn the H1 gear four times and the H1, in turn will turn the M15 four times and so on all the way down to the micro time frames. I think that having a grip on all of the relevant time frames is good for forecasting. I believe that once we smesh this H4 supply zone we will have a bullish monthly internal trend, a bullish weekly internal trend, a bullish major daily trend and bullish major H4 trend aswell as the H1 and M15 also being bullish. September and Q4 are looking, well... ching ching! The last time I did a thorough analysis like this it was flagged by Tradingview, sadly due to my shameless plugging! So I will behave!
Long
by Kram_Capital