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Eurusdprediction

💡 EURUSD: Analysis May 13EURUSD did not change much in the weekend session, the price is still testing the upper border of the falling price channel, the bearish structure is still valid, however the continuous testing of the 1.08 area shows that buying pressure is returning, Be careful with the possibility of the price breaking the structure, you need to maintain the profit taking point for long positions above 1.08, we will abandon this strategy when the price does not break this important resistance level. .
Long
by Stone_Haven
EURUSD Wednesday PlanHere you are a simple trading plan for tomorrow. It's pretty ambitious, but maybe it can help you finding good entries. This is how i works, i make plan, and if i have triggers, i'll open trades. Momentum is good and bullish for EURUSD and looking for shorts now it's pretty useless. I am waiting a retrace in the asian session, with a range in pre London. If we will have a range there, i will open if we will grab liquidity from the down side (long squeeze) and i will open a long trade around 1.07850 targeting 1.08650. Another trade can happen at the beginning of the NY session, where (if we are already up and above actual level) we can look for new longs around 1.08250. Same target
Long
by SaliJournal
2
🌟 EUR/USD Channel breakout ..BUY for further upside move🔥👉🏻EUR/USD has continued the bounce from 1.0725 that started last Thursday, and the pair is now re-testing the 200-day moving average. 👉🏻EUR/USD had previously tested the 200-dma as resistance on NFP Friday, which led to a pullback. But bulls held a higher-low at prior resistance of 1.0725 and that’s allowed for another re-test of the moving average. 👉🏻The big question now is how the USD and related pairs, especially EUR/USD, perform around the Wednesday release of CPI.
Long
by The_Bitcoin_Daddy
1
💡GU Multitimeframe 💡Starting to see some bearish confluences on GU ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Short
by Yelli_trades
2
EURUSD: Dollar steadies ahead of CPI dataThe dollar index and dollar index futures were little changed during the Asian session on Monday. But traders remain largely biased against the greenback ahead of key US inflation data later this week. The CPI - released on Wednesday - will be closely watched, as it could influence the US interest rate outlook. The dollar saw wild swings last week as mixed U.S. economic data raised questions about when the central bank will start cutting interest rates this year. However, while the US economy appears to have cooled in recent months, inflation is forecast to remain high.
Long
by Chart_MasterPro
SHORT EUR/USD from 1.0783The declining trendline (shown) has held down EUR/USD since the high of March 8th. It never ceases to amaze me that trendlines so frequently predict price although like anything in trading you cannot depend on them always. So you need other signs that the price is heading in one direction or another or if the price is reversing or about to reverse. The Andean Oscillator is a very accurate indicator that not many traders seem to use which I believe is a mistake as it carries a great deal of informatrion if read correctly. The red SELL line is now above zero on 1M, 5m and 15M and this would suggest EUR/USD BEARS are entering the market. Its also worth noting that the previous H1 candle is a classic doji indecision (possibly reversal) candle which adds weight to the analysis. The main worry about this trade is the proximity of the Weekly Resistance Pivot WR1. This sits at 1.0799 and will be a target for EUR/USD BULLS so I have the STOP above this level incase we get a run up to this resistance level. Target if the trade takes off will be the 200 EMA at 1.0750 area though the price would need to break through the 25, 50 and 100 EMA's to get there. Worth noting that the 200EMA on H1 and H4 are in the same place. The structure remains BULLISH whilst we trade above the H4 200 EMA but a break of this level opens up a possible deep move south down to 1.0664.
Short
by forextraplaces
EUR/USD Longs from 1.07400 up towards 1.08200EU shares a similar bias with GU, as they exhibit comparable movements. Therefore, I'll be focusing on potential buying opportunities this week, particularly from either the 6hr demand zone or the one just below it. Given the presence of an equal low beneath the initial demand, it wouldn't be surprising if this level is breached to reach the subsequent demand zone. In the event that price doesn't reach these levels, I'll be monitoring for a wyckoff accumulation pattern to emerge. This would signal a buying opportunity, aiming for an upward move towards the major supply zone, mirroring GU's position. I anticipate this scenario unfolding around midweek, so we'll have to wait and see. Confluences for EU Buys are as follow: - Price has been bullish in the recent price action as you can see via the market structure. - Two 6hr demand zones in close proximity has caused a break of structure to the upside. - lots of liquidity in the form of equal highs above to target as liquidity. - Unmitigated 2day supply that price needs to go towards. - Dollar is also dropping so it makes sense with this bias. as they move opposite. P.S. If price continues its upward movement, I'll identify a new demand area for potential buy positions. Alternatively, I'll wait for price to reach the supply zone to initiate sell trades from that point. Lets catch these pips!
Long
by Hassan_fx
EURUSD Technical Analysis and Trade IdeaThe EURUSD is exhibiting a bearish sentiment on the weekly timeframe; nevertheless, there is a noticeable robust bullish trend observed on both the daily and the 4-hour timeframes. Notably, we witness a pronounced reaction at the weekly levels identified as resistance on the chart. Furthermore, we have identified a daily support level, marked as a potential target for a pullback and a prospective entry point for a long position. In the video, we thoroughly analyzed price action, market structure, the prevailing trend, and a plausible trading opportunity.
by fxtraderanthony
4
EURUSD Daily setupUsually i do not share ideas with timeframe lower than H1, but i want to try to share something different. This is how i usually plan my daily trades, and despite the main trend, i look for scalp in every direction. My main bias for EURUSD is short, but i think that today and tomorrow we could see a potential bounce. I drawed a possible reversal zone, that is a support area with liquidity. To open a long trade, i would like to see a touch in this area again and, in 4 hrs from now, a i will open a long trade if i see a reaction there with a break on the upside.
Long
by SaliJournal
EURUSD Trading Plan - 08/May/2024Hello Traders, Hope you all are doing good!! I expect EURUSD to go Up after completing this correction. Look for your BUY setups around the marked zone. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
EUR/USD looks bearish, back to 1.06 again?Hello friends, Friday was a good opportunity to sell EURUSD as price spiked to the resistance level. From the daily chart, we can clearly see that the descending trend line resistance has stopped the price. In addition, there is bearish candlestick formation at the 100-day EMA level. A combination of these two factors plus the bearish price action indicates that EUR/USD is on its way to 1.06 level. I have already sold on Friday and I will be looking to see again if price reaches the 1.0770 level.
Short
by YourLazyTrader
SasanSeifi 💁‍♂EUR/USD 4h 🧐Key Levels to WatchAfter a correction from the supply zone and a correction based on the latest analysis, the price faced demand again and was able to rise to the target of 1.080. Currently, by examining the FX:EURUSD chart, as you can see, after rising to the desired target, the price is trading in a range of around 1.077. There is a possibility of further correction in the medium and long term. In the meantime, I expect the price to rise to the supply zone and order block area. Then, we can look for selling opportunities between the price ranges of 1.083 and 1.085. In case of further growth, to better understand the continuation of the trend, we need to see how the price reacts to the mentioned ranges. Confirmation of the sell is very important. The previous analysis 👇 This is not financial advice. Always do your research before making any investment decisions. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Short
by SasanSeifi