Eurusdprediction
EURUSD Multi Timeframe Analysis 23.10.20241.08111 low got swept as I mentioned on my earlier analysis. Friday's daily candle closure as inside bar has also been played out as expected. But bearish momentum is quite strong. Imo, current Daily Demand zone is the strongest to give price a bullish momentum ( other than any. red flagged fundamentals upcoming days )
15m Swing, Internal Bearish and price is currently in 15m supply. We possibly could get a bearish momentum from here
My expectation is, low to get swept then strong bullish momentum to kick in. But as we trade the facts and not the expectations, I will cautiously follow bearish order flow. At least wait prize to mitigate 4H supply ranges.
For longs, ideal to wait for 4H candle closure above 1.08382
SasanSeifi|Bearish Momentum Targets Key Support Levels! Hey there, ✌ OANDA:EURUSD In the daily timeframe, the price advanced toward the liquidity level of 1.11300 and the 1.12 price range with a significant upward trend. Following this rise, corrections occurred, and after forming a low, the price again moved towards the key 1.12 level. However, with the failure to break the previous high, a double top was formed, leading to another wave of corrections.
⏭Currently, after breaking the low at the 1.10 level, the price has retraced to 1.095. The overall outlook is bearish, with potential corrections targeting 1.086 to 1.082. If momentum weakens around the support range of 1.095 to 1.090 and a confirmation is received, the price may enter a consolidation phase, ranging between 1.10, 1.10400, and 1.10800.
🔹After this, we might see a pullback followed by further corrections. Monitoring price reactions at the first demand zone will provide better insight. However, if the selling pressure continues and the demand zone is broken, the price could target the corrective levels of 1.086 and 1.082 within the FVG and order block areas.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
EUR/USD Technical Analysis: (READ DESCRIPTION)EUR/USD Technical Analysis: Bearish Momentum in Focus
Pivot Point: 1.0840
The pivot point at 1.0840 acts as a crucial resistance level for the EUR/USD pair. As long as the price remains below this level, a bearish outlook is favored in the near term.
Our Preference: Short Positions
Recommended Trade:
Short positions are preferred as long as the price stays below the 1.0840 pivot. The expectation is for a downward move toward key support levels.
Target Levels for Downside Movement:
First Target: 1.0800
This is the initial support level, where traders may consider taking profits or evaluating a potential further decline.
Second Target: 1.0780
If the first target is breached, the pair could extend its losses toward 1.0780, signaling further downside pressure.
Alternative Scenario: Upside Risks
If the price rises above 1.0840:
Bullish Outlook:
First Target: 1.0855
Second Target: 1.0870
These levels represent potential resistance areas that could be tested in the event of a bullish reversal.
Technical Insights:
Bearish Signal:
As long as the resistance at 1.0840 remains intact, the likelihood of a break below 1.0800 is significant. The downside momentum appears strong, with the price struggling to breach higher resistance levels.
EUR/USD Technical Analysis: (READ DESCRIPTION)
Pivot Point: 1.0650
The pivot at 1.0650 serves as a key level of support. This level will play a crucial role in determining the near-term direction of the EUR/USD pair. The current technical setup suggests that the pair could see a significant upward movement if it holds above this pivot.
Our Preference: Long Positions
Recommended Trade:
Long positions are favored as long as the price stays above the pivot point at 1.0650. The expectation is that the pair will move upward, testing higher resistance levels.
Target Levels for Upside Movement:
First Target: 1.1000
This level represents an intermediate resistance where traders might take profit or evaluate the continuation of the bullish momentum.
Second Target: 1.1200
If the first resistance is breached, EUR/USD could extend its gains toward the 1.1200 level, indicating a stronger bullish continuation.
Alternative Scenario: Downside Risks
If the price fails to hold above 1.0650:
Bearish Outlook: A break below the pivot point could lead to a downside move, targeting the following levels:
First Target: 1.0500
Second Target: 1.0450
These levels represent potential areas of support if the bearish scenario unfolds, marking a significant downward trend.
Technical Insights:
RSI (Relative Strength Index):
The RSI has recently landed around the 30% zone, which is often considered oversold. This suggests that selling pressure may be waning, and a reversal to the upside could be in progress. A rising RSI typically confirms growing buying interest.
Support Zone Strength:
The 1.0650 level has acted as a solid support zone in the past, and the price appears to be bouncing off this level, reinforcing the probability of a bullish reversal.
Moving Averages:
Should the pair break above its short-term moving averages, such as the 20-period or 50-period moving averages, it would further confirm the bullish scenario. A crossover of these averages could serve as a signal for an upward trend continuation.
Momentum Indicators:
Momentum indicators like the MACD (Moving Average Convergence Divergence) could signal a bullish crossover soon, which would add to the bullish sentiment. The price also remains above key moving averages, providing additional upward pressure.
EURUSD 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 Multi Timeframe Analysis 21.10.202415m Swing, Internal,Fractal Bearish
We now have mitigated the premium of the 15m swing structure
What expected is, internal 15m bearish order flow to continue and internal unmitigated supply to hold. Or Asia high get swept and bearish momentum kick in. But we are now in Daily internal unmitigated demand zone and bullish reaction is very likely.
On my analysis from Friday, I said Friday's Daily candle could close as inside bar and that happened. What I now expect is, price to mitigate upper 4H Supply and also 15m Supply nested in 4H Supply, give us another 4H fractal fake bullish break, sweep the low, use as fuel for bullish leg. But as we trade the fact and not the expectations, that is my long plans once HTF switched to Bullish, and I will look for quick shorts once 4H supply mitigated or follow the 15m bearish of once i am convinced.
EURUSD Trendline Breakout Ready for a Long BullHello Traders
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EURUSD - Technical Analysis [Long Setup]🔹 EURUSD Analysis on 4H chart
- The current Trend is BEARISH
- There is BULLISH divergences
- Reversal pattern is present which is falling wedge
🔹 Trade Plan For 1HR
- Entry Level = 1.08750
- Stop Loss = 1.08339
- TP1 = 1.09170
- TP2 = 1.09653
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
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- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
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BUY EURUSD. Not on interest rate holds but Indicator Signals.
EURO zone held their interest rates on hold yesterday despite expectations of a rate cut for the zone.
On the charts and there are 3; weekly, daily, 4hr.
Weekly is a 38.2 fib price retracement to a buy zone and the continuation of higher prices.
Daily chart is a recent bounce from a Buy order block triggering long bets for EURUSD.
The 4HR chart is getting bullish reversal oversold signals on Stochastic's and RSI, which tend to be very reliable on 4HR charts and higher.
EUR/USD Price Analysis: (READ DESCRIPTION)EUR/USD Price Analysis: Potential Short-Term Upside
Pivot Point: 1.0825
This level serves as a key support level that guides near-term price movements.
Market Outlook
Our Preference:
Bullish Scenario: Long positions are recommended above 1.0825, indicating potential upward movement.
Target Levels:
Target 1: 1.0855
Target 2: 1.0870
These levels represent potential profit zones for long positions, should the price maintain above the pivot.
Alternative Scenario
If EUR/USD drops below 1.0825:
Bearish Outlook: Further downside could be expected.
Target Levels:
Target 1: 1.0810
Target 2: 1.0795
This suggests bearish movement if the price falls below the pivot, aiming for lower support areas.
Technical Indicators
RSI (Relative Strength Index): The RSI indicator shows a mixed signal, suggesting traders should exercise caution as the market could experience some volatility.
Bullish Butterfly EURUSD DailyLooks like EURUSD is forming a Bullish Butterfly pattern as the Dollar strengthens across most pairs. I'm looking for the pair to continue decline into support around 1.0575-1.0675, consolidate and possibly dead cat bounce before proceeding towards the 1.05 range. I'm also looking for the 14-period RSI to enter oversold territory during this time, which I project may go through the end of November.
I'm currently already short, having racked up ~300 pips. My current stop loss is about 150 pips trailing.
EURUSD Multi Timeframe Analysis 17.10.202415m Swing, Internal and Fractal Bearish
Recent supply that price currently testing is the strongest range to hold the price imo. The one placed between 1.08592-1,08622 is very likely to fail, thats why I have not mentioned on the chart
We now have mitigated the extreme Daily Demand range and we likely get a bullish reaction but we might get couple of fake breaks in low time frames before price pushes up. Ideally wait for 4H Internal Structure to shift bullish
I will look for quick 15m setups ( buy / sell ) if I see any and publish here as update as I have done before
EurUsd in search of supportAs anticipated in my previous analysis, EUR/USD dropped from the 1.12 resistance level and successfully hit my 1.10 target.
The pair continued to decline, breaking below the 1.0950 technical support, and is now heading toward the next key level at 1.08.
I expect the 1.08 level to be reached, followed by a period of consolidation and a potential rebound.
In conclusion, I’m looking to buy around this level, aiming for a target of approximately 100 pips.
EURUSD Multi Timeframe Analysis 16.10.202415m Swing Bearish Internal and Fractal Bullish
Price recently swept Asia High so we might see bearish momentum to continue
If you would like to look for longs after sweeping old daily low ( 1.08814 ) and follow 15m internal bullish order flow, demand marked on the chart. But waiting for a 15m candle closure above 15m Swing Strong to make sure that the swing structure switched to Bullish is ideal.
We have now 4H bullish ChoCH after sweeping the low, indicates that 4H pullback might be started.
EURUSD Technical Analysis and Managing Your Trade👀👉 EURUSD has faced recent selling pressure, creating a potential opportunity for short-term day traders. In this video, we will break down the price action, assess the current trend and market structure, and look at how we can manage this trade. Risk Disclaimer: Forex trading carries substantial risks, and market conditions can shift unexpectedly. This content is intended for educational purposes only and does not constitute financial advice. 📉✅
XAUUSD 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 double top and neckline breach.Price breach on the neckline. Waiting for the retracement to happen for entry. RSI shows we're almost oversold. Once it does price will retrace and we can enter. Set stop-loss at the neckline. Entry when price retrace. 3 target price. Adjust stop-loss base on target.
EURUSD Daily Technical Analysis - October 16EURUSD has experienced a notable correction throughout October, yet it remains within a bullish trend, forming a wedge pattern. Analyzing the daily timeframe reveals several key levels that are crucial to watch in the upcoming days.
Currently, EURUSD is testing the .618 Fibonacci support level at 1.0876, with the latest candle forming a Doji. This suggests a weakening bearish momentum and raises the possibility that this support level could hold, potentially paving the way for a bullish reversal in the weeks ahead.
Should this Fibonacci support fail to halt the correction, further bearish movement may continue towards the secondary support at 1.0797, before resuming a bullish trend with a target of 1.1243—approximately 3663 pips from the current level.
Keep an eye on these levels as they may provide significant opportunities in the near term