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EURUSD ( STABILIZING BELOW TURNING LEVEL ) (4H)EURUSD HELLO TRADERS Tendency , the price is under bearish pressure , until trading below 1.084 . TURNING LEVEL : the price of this level at 1.084 , as long as the price trading below this level reach a support level (1) , but if breaking by open 4h candle above this level reach a resistance level (1) RESISTANCE LEVEL (1) : this level around 1.088 , for reach this resistance level the price need breaking a turning level RESISTANCE LEVEL (2) : around 1.094 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 1.079, for reach this support level the price need stabilizing below turning level SUPPORT LEVEL (2) : support level at 1.076 , for reach this level will be breaking by open 4h candle below support level (1) PRICE MOVEMENT : currently price 1.083 , as long as the price trading below this level reach a support level (1) , but by breaking this level by open 4h candle above this reach a resistance level (1) , MY GOAL : support level (1) at 1.079 . TARGET LEVEL : RESISTANCE LEVEL : 1.088 , 1.094 . SUPPORT LEVEL : 1.079 , 1.076 .
Short
by ArinaKarayi
EURUSD trading signals✨EUR/USD is trading highs near 1.0850 during the European session on Thursday. The pair ignored risk-on market sentiment and dismal German IFO data, finding support from US dollar weakness. Traders are now looking to US Q2 GDP data for fresh guidance. ✨Technically EURUSD is in an uptrend. Our BUY signal is in the critical zone of the EMA combined with the Fibonacci 0.5 retracement level. The starting point of wave 5 of the Elliot wave model with the expectation that the currency pair will reach the resistance level at 1.1000 coincides with Fibonacci 1.272. BUY EURUSD now zone 1.08500-1.08300 ↠  Stoploss 1.08000 → Take Profit 1 1.08800 → Take Profit 2 1.09500
Long
by TVS-Trader
6
EURUSD ( UNDER BEARISH PRESSURE ) ( 4H )EURUSD HELLO TRADERS Tendency , the price is under bearish pressure until trade below turning level . TURNING LEVEL : the price of turning level around 1.091 , indicates the price trade below this level reach a support level , but if breaking this level reach a resistance level . RESISTANCE LEVEL (1) : around 1.094 , for reach this level will be breaking turning level . RESISTANCE LEVEL (2) : around 1.097, for reach this level will be breaking by open 4h candle above resistance level (1) , it make created a new historical peaks . SUPPORT LEVEL (1) : support level at 1.087, for reach this level the price will be trading below turning level . SUPPORT LEVEL (2) : this support level at 1.084 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : the price retest 1.091 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 1.094 , 1.097. SUPPORT LEVEL : 1.087 , 1.084 .
Short
by ArinaKarayi
EUR/USD Short ideas from 1.09100 or 1.09300My bias for EU is similar to GU, as I am mainly looking for sell opportunities. Last week’s price distribution across higher time frames has left promising zones to watch, specifically the 4-hour and 17-hour supply zones. If these zones are mitigated, I will look for redistribution within them. If the price continues to drop, I will look for counter-trend trades to catch retracements, possibly from the 11-hour demand zone I’ve marked or the 5-hour demand zone if the price goes deeper. Confluences for EU Sells: Newly created supply zones near the UTAD show promising selling opportunities. There is significant liquidity to the downside in the form of Asia lows and imbalances that need filling. The dollar is bullish, aligning well with the bearish bias for EU. This is a pro-trend trade on the higher time frame. P.S. I will wait to see how the price action unfolds, as the current price is somewhat distant from my points of interest (POIs), but I expect the price to keep dropping.
Short
by Hassan_fx
EURUSD analysis new weekFundamental analysis Broad market hopes for a faster pace of interest rate cuts from the US Federal Reserve (Fed) peaked on Friday despite producer price index (PPI) wholesale inflation. of the United States increased significantly. The Fiber index extended its third straight weekly gain as investors' risk appetite was kept at a ceiling. US Retail Sales figures will be released next Tuesday and Euro traders will have to wait for the European Central Bank's (ECB) latest interest rate call next week, which is expected ​takes place early next Thursday. The ECB recently delivered a quarter-point rate cut in early June, but further cuts appear unlikely and markets are generally forecast to cautiously leave rates unchanged in July. Technical analysis EUR/USD notched a third straight weekly gain, closing Friday slightly above 1.0900. The pair is up 2.3% from its late-June lows and the day's price action is preparing for a clash with the next technical resistance around 1,097. Beyond this peak, EURUSD will continue to move towards the previous year's high at 1,112. In the pullback the direct support level is at the point where investors fought a lot before choosing the winning BUY side at the 1.082 price zone, which is the same zone supported by the two EMAs. In a trend reversal next week's low could reach around 1,068. Support: 1,082-1,068 Resistance: 1,097-1,112 SELL EURUSD zone 1.082-1.084 Stoploss 1.085 SELL EURUSD zone 1.112-1.114 Stoploss 1.115 BUY EURUSD zone 1.082-1.080 Stoploss 1.079 BUY EURUSD zone 1.068-1.066 Stoploss 1.065
by TVS-Trader
4
EURUSD Bullish Reversal Alert-Key Entry & Profit levelsThe EURUSD is currently forming a Bullish Shark Harmonic Pattern (XABCD) on the 4-hrs chart. This pattern is characterized by a specific series of Fibonacci retracements and extensions, signaling potential reversal points in the market. __________Potential Reversal Zone (PRZ) and Confluence Factors_____ Point D, identified as the Potential Reversal Zone (PRZ), is a critical area where price action is expected to reverse its current trend. This PRZ is notably aligned with several confluence factors, strengthening our bullish bias: Key Support Area: Point D coincides with a significant support level, suggesting strong buyer interest and potential price reversal. Bullish RSI Divergence: The Relative Strength Index (RSI) is showing bullish divergence, indicating a potential shift in momentum from bearish to bullish. 78.6% Fibonacci Level: The PRZ is also at the 78.6% Fibonacci retracement level of the previous daily swing points, adding further credibility to the expected bullish reversal. _______________Trade Setup_______________ Given the above confluence of technical indicators, we anticipate a bullish trend reversal from Point D. The following trade setup is recommended: Entry Point: 1.07075, at the 50% Fibonacci retracement level. Stop Loss: Placed below the key support level at 1.06485 to mitigate risk. ____________Take Profit Levels____________ The take profit targets are strategically placed to maximize potential gains while managing risk: TP-1: 1.07665 TP-2: 1.08255 TP-3: 1.08845 Each take-profit level represents a logical point where price action may encounter resistance, providing opportunities to secure profits incrementally. Conclusion: The EURUSD is poised for a potential bullish reversal at the identified PRZ, supported by a convergence of technical indicators. By entering at 1.07075 and placing a stop loss below the support level at 1.06485, we position ourselves to capitalize on the expected upward movement. The outlined take profit levels offer a structured approach to profit-taking, balancing potential gains with prudent risk management. Recommendations: Traders are advised to monitor the EURUSD closely for confirmation of the bullish reversal before entering the trade. Adjustments to the trade setup may be necessary based on evolving market conditions and price action behavior.
Long
by trading_jupiter
EURUSD ( BREAKOUT CHANNEL ) ( STRONG BULLISH ) ( 4H )EURUSD HELLO TRADERS Tendency , the price is under strong bullish pressure ,after breakout 1.084 TURNING LEVEL : the price of turning level between 1.091 and 1.094 , indicates the price breaking 1.091 reach a new resistance level or created a new historical peaks , but if breaking 1.094 reach a support level . RESISTANCE LEVEL : in the last chart price reach a full resistance level , know this level at 1.096 and 1.099 , for reach this level after breaking 1.091 . SUPPORT LEVEL : support level at 1.088 . for reach this level should be price breaking a turning level at 1.094 . PRICE MOVEMENT : the price is sensitive area , yesterday price have strong rising an breakout a supply zone reach a full target , created a new historical peaks , price breaking 1.091 rising or reach a new resistance level at 1.096 , then reach a 1.099 , after breaking 1.094 reach a support level at 1.088 it is a strong support level , the by open below 4h candle below this level reach 1.079 . TARGET LEVEL RESISTANCE LEVEL : 1.096 , 1.099 . SUPPORT LEVEL ; 1.088 , 1.079 .
by ArinaKarayi
EUR/USD Price Surge: Analysis and Future Outlook The EUR/USD price has surged significantly over the past 10 days. Let's explore the reasons behind this movement and the potential trends we might face in the coming days. Fundamental Analysis: The EUR/USD exchange rate has seen a significant increase over the past 10 days. This upward trend is primarily supported by a weakening U.S. dollar, driven by several economic factors. Recent inflation data shows that U.S. inflation is slowing down, with the annual inflation rate for June 2024 at 3.0%, a decrease from previous months. This has strengthened expectations of a less restrictive monetary policy from the Federal Reserve, with investors anticipating rate cuts in September and possibly in November or December. On the other hand, the euro has been bolstered by the European Central Bank's (ECB) aggressive stance on raising interest rates, improving energy prospects in Europe, and relative weakness in the dollar. Technical Analysis: The EUR/USD chart indicates a potential structural change. Recently, as the price dropped to the lower part of the channel, it found support around the 1.07 level, hitting an upward trendline without making a lower low from the previous wave at 1.06. From that level, the price rose, testing the upper part of the channel and closing the daily and weekly candles at the previous high around 1.09. This is a crucial level; if it breaks with a daily candle, it would confirm the structural change, leading to a potential further rise. Conversely, a rejection at this level could result in a decline. Volume Analysis: In recent sessions, the Point of Control (POC) has consistently been at the beginning of the session, indicating significant volume gaps in the daily candles. The overall POC for the channel is at the 1.08 level, which could act as a support if the price declines. If the price continues to rise, there are many upper areas left to fill from the highs of the previous year. Sentiment Analysis: Current retail sentiment shows a 91% short position against 9% long, with short volumes at a four-year high. However, institutional positions as of the 2024-07-09 COT report indicate 393,029 long contracts against 160,108 short. Dealers, on the other hand, are 275,000 short against 9,478 long. This discrepancy suggests that institutional players are aligned with the market, discouraging short positions. Personal Analysis: In my opinion, the euro's recent rise seems exaggerated given the negative IPC, a rate cut by the ECB, a favorable PPI for the dollar, and Powell's statements indicating it is not yet time to cut rates. I expect a retracement from this level or slightly higher to fill some of the gaps left during the rise, after which the market will decide on the next direction. Powell's speech on Monday will be crucial. However, I wouldn't be surprised by a continued rise, as summer markets can be very unpredictable. If you don't have any open positions, it's wise to wait for the market to establish a clear direction before entering. I hope this analysis has been helpful. If you found it useful, please leave a boost to show your appreciation for the work done.
by jamesbond70
EURUSD ( UNDER BULLISH PRESSURE ) ( 1H )EURUSD HELLO TRADERS TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure . TURNING LEVEL : the price around 1.088 , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level . PRICE MOVEMENT : the price in previously , rising until reach a resistance level , currently price 1.090 , as long as the price trading above turning level reach a resistance level my goal 1.093 , but small retest inside FVG area before rising . PRICE ACTION : LONG CONDITION : the price trying to retest a FVG area , then rising a resistance level at 1.093 , breaking this level reach a next level at 1.096 . SHORT CONDITION : if the price breaking turning level at 1.088 by open 4h candle below this level reach a support level at 1.086 , then stabilizing below this level reach a 1.082. TARGET LEVEL : LONG CONDITION / RESISTANCE LEVEL : 1.093 , 1.096 . SHORT CONDITION / SUPPORT LEVEL : 1.086 , 1.082 .
Long
by ArinaKarayi
EURUSD Technical Analysis and Trade IdeaIn this video, we take a close look at the EURUSD currency pair. Right now, it's in a strong bullish trend. However, it seems a bit overextended, and since it's Monday, I'm being cautious. I'm looking for an entry point if the price drops back into the 50-61.8% Fibonacci zone. In the video, I share my thoughts on price action, market structure, and the trend. Remember, this content is for educational purposes only and is not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies.
Long
by fxtraderanthony
EURUSD - Trade analysis !!Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from liquidity zone. Fundamental news: Upcoming week on Thursday (GMT+3) we have Interest Rate on EUR, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
EURUSD ( PUSHING TO BULLISH ) ( 4H )EURUSD HELLO TRADERS after the price breaking a supply zone , the price has taken an upward direction Tendency the price trade above turning level at 1.084 , indicates is under bullish pressure TURNING LEVEL : a black line between resistance and support level around 1.084 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level RESISTANCE LEVEL : there is a green line above turning level around 1.091 , indicates selling have already increase this level , when you reach this level buyer have more supply for OANDA:EURUSD SUPPORT LEVEL : there is a black line below turning level around 1.079, indicates buying have already increase this level , when you reach this level selling have more demand for OANDA:EURUSD PRICE MOVEMENT : the price after CPI breaking a supply zone , know the price has taken a bullish direction , have three conditions for OANDA:EURUSD movement FIRST CONDITION : price directly rising to inside a supply zone to touch a resistance level at 1.091 , then to reach a 1.094 SECOND CONDITION : the price trying to reach a turning level at 1.084 , after rising a resistance level THIRD CONDITION : if the price breaking turning level by open 4h candle below a this level reach a support level at 1.079 , then trade below this level reach a 1.072 TARGET LEVEL : RESISTANCE LEVEL : 1.091 , 1.094 SUPPORT LEVEL : 1.079 , 1.072
Long
by ArinaKarayi
1
EURUSD Bullish Direction Money heist planMy Dear Robbers / Traders, This is our master plan to Heist EURUSD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
Long
by Thief_Trader