EURUSD trade ideas
The U-turn is close. Long
This week, the European Central Bank will cut the deposit rate by 25 basis points, which will give the euro a boost to growth. A rate cut is a bearish signal for the currency, however, I believe that traders have already taken this into account, and the decline is already in the price. I think the strengthening of the eurozone economy will give an impetus to a turnaround.
And keep in mind that the Santa Rally is about to begin
EURUSD BUY - Rebound Blueprint Price is respecting the FVG zone (1.0528), signaling a bullish reversal. Watching closely for a surge toward 1.0620 and potentially 1.0645.
The EUR/USD chart shows a potential reversal setup forming around a Fair Value Gap (FVG) at the 1.0528 level. Price has retraced into this FVG, aligning with a high-probability demand zone.
The 1.0530 area, acting as a significant structural support, has shown strong rejections, indicating buying interest.
The FVG aligns with previous inefficiencies in the price, providing a magnet for liquidity before the market resumes its upward trend.
The initial target at 1.0620, where minor resistance could emerge.
A decisive break below 1.0520 would invalidate this setup, suggesting further downside potential.
EURUSD Bulls Will Take Charge?EUR/USD bounces off a strong demand zone around 1.0530. With bullish structure building, we could see a rally towards 1.0650.
A key support zone at 1.0499–1.0530 has provided a strong foundation for a bullish reversal.
The rejection candle and subsequent bullish candles suggest that buyers are stepping in aggressively at this level.
Price is likely to target 1.0649 in the coming sessions, aligning with previous highs and liquidity areas.
Stay patient and follow the structure.
eurusdEURUSD ( Euro / U.S Dollar )
Rising Wedge as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Completed " 12345 " Impulsive Waves
Change of Characteristics
EURUSDTrading is like playing a game in a world full of challenges and excitement. One day, you’re making profits and feel like you own the world; the next, you’re taking losses and learning big lessons. The coolest part? It’s all in your hands—you have the freedom to decide, manage your time, and build your financial future. If you’ve got the guts, get ready for an epic adventure!
EURUSD-bias long Bullish indications:
Support respected at 1.0535
MA 200 respected.
Inverted head and shoulder pattern in 30 min and 4 hr indicates bullish movement expected.
Trend line resistance respected.
Bearish indications:
LLLH in higher time frame.
EURUSD Daily OutlookIdea 1; Liquidation ASL MSS and Long entry(after H1 extension)
Idea 2; Run on Buy side LQ mitigation of H1 fvg MSS and short
EURUSD 30mintsaccording to the EURUSD 30mints time frame is in barrish trend pattern is like lower low and lower high so, now market is near to the support level which can lead it top the bullish trend, i analyse it by using stochistic indicator in which we can see the level is at the bottom and it will comeback upside then market will move up.
EURUSD Next possible moveSAXO:EURUSD
Title
"EUR/USD Intraday Analysis: Sell Entry Targets Lower Levels | Dollar Strengthens"
Market Context
"EUR/USD faces renewed selling pressure as the U.S. dollar strengthens on hawkish Federal Reserve expectations. Weak Eurozone sentiment adds to the pair's downside bias."
Technical Analysis
*"Today’s sell entry is supported by the following:
Trend Structure: Persistent lower highs and lower lows signal a prevailing downtrend.
EMA Dynamics: Price remains below the 20 and 50 EMAs, highlighting continued bearish momentum.
RSI: Falling below 45, indicating growing selling pressure.
MACD: Negative histogram bars are widening, confirming the bearish tone.
Key Levels:
Support: 1.0490 (intraday), 1.0460 (next target).
Resistance: 1.0525 (intraday), 1.0550 (key pivot). A break above 1.0550 could neutralize bearish sentiment."*
News Context
"Upcoming: U.S. ISM Services PMI and Eurozone economic reports could drive intraday volatility.
Previous: Strong U.S. labor market data reinforced expectations for tighter monetary policy, keeping the dollar supported."
Call to Action
"Will EUR/USD break below key support levels, or can buyers reclaim control? Share your insights and strategies in the comments!"
#EURUSD - 13122024I was bearish EURUSD yesterday; I said that based on the daily price action, the low is not in yet. And levels worked out perfectly yesterday; it hit the level and sold down to lower level for 50pips, bounced, but was rejected again to close near the lows.
Overall, I am bearish for further downside until shown otherwise. Looking at 1.0498 to hold for a move down to 1.0383.
EURUSD Daily Pivot Points Analysis 06-Dec-2024📣EURUSD Daily Pivot Points Analysis 06-Dec-2024
Over the last two weeks, EURUSD has managed to hold the Daily Pivot Point, showing a small pause in the bearish trend.
In the past three days, EURUSD has closed three bullish candles in a row, indicating an increase in bullish momentum. The last daily candle also closed bullish, suggesting further growth. EURUSD may rise today in anticipation of weaker NFP data.
The resistance/target zones can be found at the Daily Resistance levels: Daily R1 - 1.0613, Daily R2 - 1.0642, and Daily R3 - 1.0695. From these areas, the price may move down to the previous support area or test the pivot point zone.
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EURUSD Daily Pivot Points 06-Dec-2024
Daily R3 - 1.0619
Daily R2 - 1..0582
Daily R1 - 1.0547
Daily Pivot Point - 1.0510
Daily S1 - 1.0475
Daily S2 - 1.0438
Daily S3 - 1.0403
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A pivot point is an intraday technical indicator that's used to identify trends and reversals in equities, commodities, and forex markets.
Pivot points are calculated to determine levels in which the sentiment of the market could change from bullish to bearish and vice-versa.
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You may find more details in the chart!
Thank you and Good Luck!
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Inverted H&S and Descending wedge in EUR\USD
Interesting interplay between iH&S and one structural degree lower Descending wedge in EUR\USD pair. If 1,046 is broken down, the price will most probably got lower, but if reverses - EUR would still have chances to get to 1,08 in no time.
EURUSDLooking for SOS and a retest to entry this trade it may happen it may not but only I will entry if this retest my area this is my rule. If it goes it goes but I’m sure this the continuation of a 5 Elliot wave.
Trading: A Game of Guts, Not Luck!Trading is like playing a game in a world full of challenges and excitement. One day, you’re making profits and feel like you own the world; the next, you’re taking losses and learning big lessons. The coolest part? It’s all in your hands—you have the freedom to decide, manage your time, and build your financial future. If you’ve got the guts, get ready for an epic adventure!
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.
Bearish drop?The Fiber (EUR/USD) is reacting off the pivot which acts as a pullback resistance and could drop to the 1st support level.
Pivot: 1.0603
1st Support: 1.0332
1st Resistance: 1.0780
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EURUSD → False breakout of resistance. DowntrendFX:EURUSD is testing resistance in the downtrend phase. The maneuver ends with a false breakout of resistance at 1.067.
On the daily timeframe the price is squeezed between the strong resistance at 1.06011 and the local support at 1.05. So, if the bears keep the defense below the key resistance, the currency pair will continue to fall in the short term. The target in this case may be the area of 1.05 - 1.044.
But, technically, the retest of 1.067 may provoke a local breakout of the level and the price movement to the channel resistance against which there will also be a high probability of formation of a false breakout.
Resistance levels: 1.067, 1.965, 1.076
Support levels: 1.0448, 1.0331
Emphasis on resistance. Confirmation of the nearest resistance in the form of price consolidation below the level, if retested, could be a good entry zone. But if resistance is broken, the focus will shift to 1.065 - 1.067
eurusdHunt has happen on the liquidity below, need to see bullish mommetum on lower time frame to enter .
EURUSD Bullish Harmonic patternIt is time to go long! This looks like a shark pattern with good retracement levels.
EUR/USD in downward wedge, bouncing off Fib retracementEUR/USD is in a downward wedge and has bounced off the Fibonacci 50% retracement from the weekly chart, which is also in a supply zone, so there should be good support there. The upper trendline was already broken during the US CPI news today, but the price went back into the wedge. Resistance is probably not strong at least until US CPI news high, so there's a good chance of breaking up and out of the wedge and reaching at least the forecasted level.
