EUR USD TRADE SETUP DAILY TIMEFRAME EUR USD has formed a Symmetrical Triangle on the daily timeframe, and a breakout has occurred now we need to wait for a retest of the pattern before looking for an entry Short/Sell on the lower timeframe
Eurusdprediction
EURUSD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I want price to make a retracement to fill that huge imbalance higher and then to reject from bearish order block + institutional mid figure 1.08500.
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Change in Sentiment? 😐 EurUsdHello Traders.. EurUsd just dropped off last week. Those market participants who caught this massive selloff may be thinking of taking some chips off the table. This coincides with a bullish trend in bond yields and the S&P futures wasting no time heading to the upside to begin the week. The Iran and Israel conflict adds a layer of complexity to this new week of money movement. In the short term I am looking to the upside on EurUsd as the new weeks kicks off. The previous weekly candle closed with a 14 pips bottom wick and a 195 pips body. Some exhaustion from sellers may cause the buyers to take over to begin the week here for EU. My short-term targets for the next sessions are 1.06840. We may recieve a pullback to consolidate and retest 1.06325 as well prior to more buying pressure on EU. Caution, this is a countertrend analysis and should be taken with a grain of salt. Not Financial advice, just for general information and educational purposes only.
Counter-trend buy set-up, key S/R levels, +158 pips potentialHello traders, EUR/USD fell heavily post the release of CPI data from the US last week. While I anticipated EUR/USD to fall to the 1.0740 zone, I did not expect it to break the horizontal support level.
Currently, EUR/USD is at the lower trend line of the broadening wedge pattern . While the price action does not look bullish yet, I am still considering at buy entry for EUR/USD.
If price does not break the 1.0620 zone, I would consider buying EUR/USD@1.0630-1.0650
with Stop loss below the lower trend line and TPs at 1.0720 and 1.08 respectively.
EURUSD to move upwards to reach 1.08436EURUSD is moving upwards this week up to 1.08436. Look for buy opportunities only. Have a fruitful week and to don't forget to click follow button. Next am posting GBPUSD
EURUSD SHORT - MORE USD STRENGTH!Waiting for a retest of 1.06970 or 1.07249 to short EURUSD back to 4H swing low at 1.05400
If you agree drop a like and if you have any questions leave a comment :)
EURUSD SELL SETUPEU gave a solid break of structure here on the daily. Going in line with bullish DXY; watch for the pull back or retest for the next bearish wave down!
EUR/USD imminent Longs up towards 1.07000
This week's bias closely resembles that of GU, where I'm seeking buying opportunities towards a subsequent selling position. With price melting down and breaking structure to the downside, it has created numerous imbalances that need filling, prompting this bullish outlook.
I'll be patient, waiting for the accumulation phase to complete along with a confirmation of change of character (CHOCH) to enter buy positions aiming for the newly established 10-hour supply zone. Subsequently, I'll look to initiate sells to continue the bearish trend downward.
Confluences for EU Buys are as follows:
- Price left so many imbalances above that need to be filled.
- In order for price to continue the bearish trend price must pull back up.
- Price is currently inside a 18-hour demand zone with a good initial reaction.
- DXY is also near a good supply zone so could expect the dollar to drop a bit this week.
P.S. Given the Asian low within my zone, I wouldn't be surprised if price dips further to test a deeper demand area below. Nonetheless, these long positions are merely a temporary move to realign with the prevailing bearish trend.
Have a great trading week guys!
EUR/USD Analysis on where we may be heading next...In this video I go over the EUR/USD on the daily and weekly timeframe and where I think we may be headed next...
Current short positions are:
1.09356
1.09062
1.08628
1.08625
1.07253
1.07045
1.07036
Looking to TP at 1.0580ish.
EURUSD BUY SET UP D1according to our analysis EURUSD has touched support level and the next step is to look for a buy entry. To place a buy order go to H1 for a good entry.
EUR-USDThe eurusd pair broke out his high support level which is 1.07500. And close the wick below this level. So, the market gives some retracement and moves downward to the 1.0500 support level.
EurUsd : Usd Fundamental dominance ⚗️Hello traders.. so yes indeed we did get a very nice push down on EurUsd with CPI data. I put out Short Analyses on Sunday/Monday around Pre-London outlining the fear and market uncertainty that increasing inflation brings into the markets. The inflation reading CPI was expected to rise from 3,2% to 3.4% YoY. The reading came out as 3.5% YoY and we dropped hard on EurUsd. The price action preceding CPI data was suspicious as we had a SHooting star candle last Thursday followed by a hanging man candle on Friday.. caused by strong jobs data. The Monday daily candle this week closed bullish yes, but this candle was less than half the size of the large bullish engulfing candle last wednesday. It was also on a Monday & we still had the rest of the week's price action to observe. On Tuesday , Yesterday, we printed another shooting star candle as we pinned past the previous week's high price. See what I'm seeing here? Then we couple this withg strong USD jobs data last friday and we have many confluences for a decrease in the market. The best part is that you dont even need to hold tthrough news. You can wait until the data comes out and then trade with the momentum on the 1m timeframe.
For the new day of trading, I can observe EurUsd continuing to decrease although we are at a Daily support level 1.07422. This is a rare occasion when I completely okay selling at support lol. This is because of fundamentals and a nice pullback for liquidity early in the month for EurUsd. The first week of April was liquidity. Target for end of week on EurUsd is 1.06882
EurUsd.. End of week Momentum 🕴️Hello traders.. we have the last 2 trading sessions of the week here. The monthly/weekly/Daily are all bearish. 4Hr market structure is bearish and we are creating a new 4hr resistance zone at 1.07261 after this 4hr candles closes in 30 minutes. Today we observed a continuation on EurUsd which was forecasted inadvance on this channel. It was relatively straight forward given the current fundamental backdrop in the markets with strong jobs datta last week and 2 consecutive inflation increases for March and April CPI releases. The large bearish engulfing candle also gave it away.. I really dont want to know who was trading against the trend this week. Anyways we currently have momentum in the market and I believe we will retest the previous daily low at 1.06992 4hr support zone. We outlined this zone in the analysis yesterday as well. We rejected this zone at London close during the New york session today. We reached my short target for the week already.. 1.06992. We have a Daily support level at 1.07086. It's possible we may ignore all level's and drop to the next key level , weekly level 1.06834. We have consumer sentiment for USD forecasted to decrease slightly across the previous data point. The news may act as an catayst to continue dropping or Pullback to end the week. Important levels to watch 1.07261 and 1.07086. Watching how candles interact with these levels.
EURUSD SELLHello, according to my analysis of the EURUSD pair, the market has reached a very important area, which is the resistance area, at the level of 1.09800. Also, this level is the retracement of the 61% Fibonacci golden ratio. We also notice the formation of a candle with a tail on the four-hour frame, confirming a strong entry for sellers. Good luck to everyone
EUR/USD key S/R levels for buying and selingHello traders, EUR/USD is slowly and gradually inching upwards. Last week our
buy@1.0740 worked perfectly. At the moment, I am seeing a rather interesting
development on the 4H chart.
EUR/USD seems to have broken out of the descending trendline resistance level.
However, note that there is no confirmation of the breakout yet
However, if price does break out in a bullish fashion, the next level would certainly
be 1.0944.
I am avoiding any entries in EURUSD at the moment, as we have CPI data and FOMC
meeting minutes due tomorrow and monetary policy statement from ECB on Thursday.
These events will lead to a lot of volatility and I am looking to take advantage from that.
EURUSDPair :EURUSD ( EURO / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
Completed " 12345 " and " AB " Corrective Waves
Symmetrical Triangle in Short Time Frame
Impulse Correction
EURUSD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EurUsd- 1.05 is a strong possibilityOn Tuesday, April 9th, I posted that rallies in the 1.09 zone, which represents the resistance of the falling trend line for FX:EURUSD , should be sold with a target at the 1.07 zone support level.
The following day, CPI figures came in hotter than expected, triggering the anticipated drop. Now, with the pair at the support level, what can we anticipate next?
Upon examining the chart, it's evident that the euro has shown weakness throughout the year, with rallies being consistently sold off.
Additionally, this marks the third test of this support in 2024, and since December's high, the pattern is a descending triangle (and if we trace back from November, we could even speculate a head and shoulders pattern).
Considering these factors collectively, I anticipate a break below 1.07 with a target at the 1.05 support level.
Furthermore, if we consider the measured target for both the triangle and head and shoulders patterns, we might even see a drop to 1.02 in the medium term.
Any rallies approaching the 1.08 mark should be viewed as selling opportunities in pursuit of a favorable risk-to-reward ratio.
Bought EURUSD@1.0735, who is with me?Hello traders, as predicted a couple of days ago in my EUR/USD idea, the resistance level of 1.0875 worked well and price fell massively after inflation data from the US came out.
Currently, EUR/USD finds itself back in the support region. As the support zone has not broken yet, I have bought EUR/USD already. I recommend traders to buy EUR/USD@1.0710-1.0740 with stop loss below the 1.0680 level and TP at 1.0840, 1.09 provided the support region remains unbroken.
Use proper money management, we have another important day coming up with lots of news releases.
Setups for EURUSDHi all!
There was a breakout for 1 week, there is no point in looking for long trades against a locally downward trend, our zone of interest is the Order Block, from which the correction began.
I expect the price to approach 1.09981, the removal of liquidity from equal peaks and a subsequent decline to the imbalance zone FVG(1M) to the zone 1.04 - 0.997.
Alternative scenario (unlikely)
We don’t follow the liquidity that is on top, and immediately move towards filling the FVG for 1 month. And there we look for bullish steps.
EURUSD → TRADE Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EurUsd is approaching important resistanceSince the start of the year, the price action of FX:EURUSD has been clearly confined within a descending triangle, with a base formed at 1.07. Recently, the pair reversed once again from this crucial level and, at the time of writing, is trading at 1.0856, close to the descending trend line of the triangle.
A rise towards the 1.09 resistance level could provide bears with a favorable entry point for a new drop towards support.
However, the negation of this scenario occurs if the price closes towards 1.1 on a daily basis.
EUR/USD rally loses steam ahead of US inflation reportThe euro's rally from the December low appears to be losing steam. Tuesday's high respected a resistance cluster including a 61.8% Fib level, high-volume node and trend resistance. A 2-bar bearish reversal (which includes an engulfing candle) only made a marginal high above Friday's high, and a bearish divergence has formed on the RSI.
With CPI looming, perhaps the market will try to fill some of the liquidity gaps left during the bearish engulfing candle. And with the potential for a hotter-than-expected CPI report (and therefore a stronger dollar / lower euro), the bias is for an eventual retest of the 200-day average ~1.0832. A break beneath which brings 1.0820 and 1.080 into focus for bears.
