Good Idea for eurusdbuy price zone activated... good bullish pattern
after break trend go uuupppp....
USDEUR trade ideas
#EURUSD 1HEURUSD 1-Hour Analysis
The EURUSD pair is trading within a downtrend channel on the 1-hour chart and is approaching a key support area near the lower boundary of the channel. This support zone presents a potential buy opportunity as it may act as a reversal point for a short-term bullish move.
Technical Outlook:
Pattern: Downtrend Channel and Support
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Consider entering a buy position near the channel's support line, confirming with bullish price action signals such as a bullish engulfing candlestick or a bounce from the support level.
Traders should ensure proper risk management by placing stop-loss orders below the support level to account for potential breakdowns. Profit targets can be set at the midline or upper boundary of the channel for optimal returns.
EUR/USD: Market Anticipation Ahead of Key Economic ReportsAs the London trading session unfolds on Monday, the EUR/USD currency pair is hovering around the 1.0580 mark. Investors are gearing up for significant economic events this week, including the highly anticipated US Consumer Price Index (CPI) report for November, set to be released on Wednesday. In addition, the European Central Bank (ECB) will announce its interest rate decision on Thursday, making this week crucial for market participants seeking insights into future monetary policy shifts.
From a technical standpoint, the EUR/USD has shown a lack of substantial movement over the past week, remaining firmly below the 1.0600 resistance level. Traders are closely watching how the currency pair interacts with this barrier, as it could dictate the next direction for the market.
With speculation surrounding a potential interest rate cut from the Federal Reserve later this month, Wednesday's inflation figures may be the crucial factor influencing the Fed's decision. Analysts predict that the annual consumer price inflation will slightly increase to 2.7% year-over-year in November, up from 2.6% in October. Moreover, the core inflation rate, which excludes the often-volatile categories of food and energy, is anticipated to hold steady at 3.3% year-over-year.
Given the current landscape, our strategy is to remain on the sidelines as we await the CPI data on Wednesday and the Unemployment Claims report on Thursday. While our overall bias leans bearish, we believe it is prudent to refrain from taking any positions until the price potentially approaches a significant demand zone. This approach allows for a more informed entry that aligns with market developments.
In summary, the EUR/USD is at a critical juncture as investors anticipate key economic reports that could have lasting effects on the currency pair's trajectory. With the market sentiment leaning toward caution, all eyes will be on the data releases this week.
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Is EurUsd's correction over?In my previous posts about EUR/USD, I discussed the potential for an upside correction following the break below the 1.05 support level, the drop to 1.0330, and the subsequent reversal. I suggested that this upward movement could potentially push the price toward the 1.0670 resistance zone.
Indeed, the pair did rise, reaching an intraday high of 1.0628 during Friday's NFP event. However, the day ended with a downside move, leaving a red candle with a long wick on the daily chart.
The medium-term trend for EUR/USD remains bearish. This, combined with the overlapping structure from the recent low, clearly indicates that we are not witnessing the start of a bullish trend but rather a corrective phase.
The key question now is whether this correction has concluded. To confirm, we would need to see a break back below the 1.05 level.
With this in mind, if the pair revisits Friday's high, I plan to sell, placing a stop loss above 1.07 and targeting the 1.0450 support level.
EURUSD: UT Retracement AnalysisPROBABLE UPTREND RETRACEMENT ON THE HORIZON
NOTE: Below is the "Related Publication" of the analysis on the EURUSD (12)
Technical Analysis
The EURUSD pair exhibits distinct price action characteristics across multiple timeframes. A focused analysis of recent trends and technical indicators reveals key levels and potential movements:
Trend Assessment
On the 5-day (5D) and 8-hour (8H) timeframes, price action reflects a downtrend.
The Mid-Pivot (MP) at 1.04059 has been reached, signaling potential consolidation.
Key Levels
Pivot High @ 1.12757
Resistance @ 1.1159, major
Resistance @ 1.1069, minor
Resistance @ 1.0975, minor
Resistance @ 1.0806, minor
Resistance @ 1.0710, minor
Support I @ 0.9750, major
Support II @ 0.9595, major
Pivot Low @ 0.9536
Supply and Demand Zones
Supply Zone: 1.10832 to 1.12142
Demand Zone: 0.9730 to 0.9976
Seasonality Impact
Historically, the last quarter signals increased economic activity.
This seasonal influence suggests a likely reversal to an uptrend from Mid-Pivot.
A move towards the Supply Zone at 1.10832-1.12142 is plausible.
Technical Indicators Summary
Oscillators: Relative Strength Index (RSI) and other momentum indicators show neutral biases with specific buy signals (CCI at −126.46, Momentum at −0.05033).
Moving Averages: Exponential and Simple Moving Averages (EMAs and SMAs) across all periods indicate bearish signals.
Trading Strategy Suggestions
High-Risk Traders: Can cautiously trade the expected uptrend from MP to the Supply Zone.
Conservative Traders: Should implement creative risk management techniques to handle potential retracements until the downtrend resumes.
FUNDAMENTAL ANALYSIS
The fundamental backdrop provides critical insights into EURUSD's prospective movements
Economic Seasonality: The last quarter typically showcases enhanced liquidity and economic vibrancy, aligning with historical data supporting a shift to bullish activity.
Macroeconomic Factors: The EUR's recovery prospects may be influenced by the European Central Bank's (ECB) monetary policies, upcoming inflation data, and trade flows between the EU and the US. On the USD side, Federal Reserve policies and economic indicators (e.g., Non-Farm Payrolls, CPI) will impact the pair's trajectory.
Geopolitical Considerations: Trade tensions, energy crises in Europe, and interest rate differentials remain pivotal. A dovish stance by the Fed or ECB's economic stimulus can amplify EUR strength.
ACTIONABLE TAKEAWAYS
Major Uptrend Retracement: The confluence of technical and fundamental factors supports the probability of a major uptrend retracement. Swing traders should closely monitor resistance levels and oscillators for confirmation of bullish momentum.
Risk Management: Utilize adaptive stop-loss strategies. Example: Tie stop-loss levels to the ATR-based calculations to mitigate volatility.
EURUSD Might Recover A BitEURUSD cannot free itself from its weakness. Short-term recovery attempts are repeatedly sold off. However, the price has just reached another important support level, meaning that a temporary bullish countermovement can be expected, in which we would like to participate with this long trade.
EurUsd completed 5 wave now ready to complete wave CLooking for Impulse Up
EurUsd completed wave 1,2,3,4,& 5. waves a and b also done now it will move to complete wave C. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
New Indicator tells you when to enter based on HTF StructureAnd it tells you to look for longs or shorts also ;-)
EURUSD bullish ideaEURUSD is on a very good support,making a bullish divergence on RSI,will wait for break of previous highr low for target of 1:1.
The ECB's impact on EURUSDThe European Central Bank (ECB) arrives at its last meeting of the year in an environment of high global economic uncertainty, driven by geopolitical tensions, slowdown in China and political changes in the United States. In this scenario, the ECB Governing Council faces a critical decision: to cut interest rates by 25 basis points (bps) in December, continuing its gradual tightening cycle initiated in 2024. However, the real dispute lies in the future direction of monetary policy: moving towards an expansionary zone to stimulate the economy or keeping rates at neutral levels to preserve tools against future crises.
A monetary dilemma and its effects on the market
Analysts' consensus is that the ECB will cut the deposit rate to 3%. This cut, the fourth in a row this year, accumulates to a decrease of 100 bp in 2024. In the short term, these decisions are designed to ease financial conditions in the Eurozone, but they generate divided positions within the ECB between “doves” (pro-expansion) and “hawks” (pro-neutrality). The former seek to stimulate the weakened economy, pushing EUR/USD lower due to a less attractive euro against other currencies with higher yields. On the other hand, the “hawks” argue that excessive cuts now may waste room for maneuver in the future. This creates uncertainty in the markets, especially in the FX market, where EUR/USD has shown volatile movements with each ECB announcement.
Implications for EUR/USD
A 25bp cut could put downward pressure on the euro, as looser policy tends to reduce the currency's attractiveness to investors. However, the impact will depend on expectations about future ECB decisions and the signals given in its forward guidance. If the ECB adopts more accommodative language and is open to further cuts, EUR/USD could break key support levels, such as 1.05, approaching multi-month lows.
Conversely, if the ECB indicates that future cuts will be limited, the euro could find support and stabilize against the dollar. This outcome will also depend on the evolution of other global factors, such as US fiscal policy under the Trump administration, which could influence dollar strength.
Impact on financial markets
In the fixed-income market, gradual cuts are steepening yield curves, favoring intermediate maturity bonds. Meanwhile, in equity markets, an expansionary ECB policy tends to support growth, boosting cyclical and export sectors. However, lingering geopolitical tensions and a moderation in economic forecasts (with projected GDP growth for 2024 of only 0.8%) limit optimism.
Looking ahead to 2025
Some relevant European banks expect the ECB to cut rates to 1.5% by the end of 2025, suggesting gradual adjustments of 25 bps at each meeting in the first half of the year, with possible quarterly reductions in the second half of the year. This outlook leaves a window of uncertainty on EURUSD and European markets, which will continue to react to economic data and global dynamics.
Technical Aspect
Currently the EURUSD awaiting news remains above the support zone. Currently if the rate hike forecasts at today's meeting in the afternoon, will have a palliative effect on the devaluation of the currency. Currently trading at 1.05085 in the early morning hours with a slightly bearish pressure zone since the beginning of the session, a change in directionality to the upside could be seen today. Currently the Check Point (POC) is around 1.05726, a price zone where it was trading on the 5th. It would not be unusual for this rate hike to move the euro in the direction of 1.05400 and break the downward pressure initiated yesterday with the US CPI data which was slightly better than expected although year-on-year inflation matched expectations at 2.7%, although market basket inflation was at 3.3%. This caused EURUSD positions to go long by 70-30% yesterday. Such pressure is similarly maintained.
The ECB faces a difficult balancing act between stimulating the weakened economy and preserving its credibility in the face of future economic shocks. Decisions taken in December and throughout 2025 will define not only the course of the euro, but also the stability of the European economic bloc.
Ion Jauregui - ActivTrades Analyst
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eurusdequal high printed marcket and liquidity and privious demand area reaction and break of structure in lower time conformation.
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EURUSD SELL ZONE ALERT📉 EURUSD Sell Alert 📉
💼 Action: Enter Sell
📍 Pair: EURUSD
⚠️ Reminder: Always use proper risk management. Set your stop-loss and adjust lot sizes according to your equity.
Best of luck, Queen Family! 👑
More news for EURUSDYesterday, the news focused on USD, and today it’s EUR’s turn.
The ECB will announce whether it will lower the interest rate, followed by a press conference 30 minutes later.
Next week, the FED will also announce its decision regarding interest rates.
This could mean that the sideways movement we’re currently seeing may continue.
Watch for reactions to these key events and potential entry opportunities.
eurusdRefinement of my 4hour time frame analyziz, wait for structure to shift berfore entering at the equilibrium of the retracement in lower time frame execution
EURUSD Technical Analysis: Bullish Reversal SetupEURUSD Technical Analysis: Bullish Reversal Setup
Market Outlook: Potential Bullish Trend Emerging
The EURUSD pair is showing promising signs of a significant trend reversal, with multiple technical indicators pointing to a potential bullish momentum in the near term. Traders should pay close attention to key support and resistance levels that could define the market's next move.
Key Technical Levels
- Support Level: 1.0520 (Potential Bullish Reversal Zone)
- Critical Support: 1.0330 (Trend Invalidation Point)
- Potential Bullish Target: 1.3200
Pattern Analysis
The market has completed a clear ABC corrective pattern, setting the stage for a potential five-wave impulse move to the upside. This technical formation suggests a strong possibility of a trend reversal and subsequent bullish continuation.
Trading Considerations
1. Entry Zone: Traders should watch the 1.0520 area carefully. This level represents a critical support zone that could trigger a bullish reversal.
2. Risk Management: The 1.0330 level serves as the trend invalidation point. Any sustained break below this level would negate the bullish scenario and require a reassessment of the market structure.
3. Upside Potential: The long-term bullish target remains at 1.3200, offering a substantial potential profit range for traders who can successfully navigate the initial reversal.
Trading Strategy
- Wait for confirmation of the bullish reversal around the 1.0520 support level
- Look for clear five-wave move to the upside
- Implement strict stop-loss measures below the 1.0330 invalidation point
- Consider partial profit-taking at significant resistance levels
As with all trading strategies, this analysis is not a guarantee of market movement. Traders should:
- Use proper risk management
- Implement stop-loss orders
- Consider multiple timeframe analyses
- Be prepared for potential market volatility
Conclusion
The EURUSD pair presents an intriguing bullish setup with well-defined technical parameters. Traders should remain vigilant, watching for confirmation of the proposed bullish reversal and the subsequent five-wave move.
Always conduct your own due diligence and consult with a financial advisor before making trading decisions.
EURUSD 1HA potential triangle is forming, bearish trend running.
Elliott wave is always the best.
Have fun with the trend !!!
EURUSD DailyThe euro may have wanted to weaken due to political unrest in France and Germany against the US dollar.
Moving 200 towards Moving 50 across has to be produced.
From the price action of new ceilings and ceilings formed correction by 50% Fibonacci received and waiting for the formation of new wave to come and go
EURUSD STRUCTUREHi guys it is your one and only trade doctor, as we wait for CPI data to be released this is my bias for EURUSD, I will allow the market to commit to me before I commit to the market, it is boring but the best trades are always the boring ones, do well to follow the callouts on the screen it explains in details, do well to like share and follow, stay tuned for more interesting updates.
1211 Waiting for ECB to confirm a long term directionHello traders,
Whether the European Central Bank (ECB) will cut interest rates by 50 basis points depends on several factors, including current economic data, inflation outlook, market expectations, and policymakers' concerns about economic growth and financial stability.
1. Market Expectations and Current Economic Background
- According to LSEG Refinitiv data, the market expects an 81% probability of a 25 basis point rate cut, while the expectation for a 50 basis point cut is only 19%. This indicates that the market generally believes the ECB is more inclined towards a moderate rate cut rather than taking more aggressive measures.
- The main challenges facing the European economy currently include slowing economic growth, easing inflation pressures, and fluctuations in energy prices. These factors may prompt the ECB to take action to support economic recovery, but a 50 basis point cut may be seen as too aggressive, especially when inflation has not fully returned to target.
2. Possibility of a 50 Basis Point Cut
If the ECB chooses to cut rates by 50 basis points, it would be a bold move that exceeds market expectations, potentially indicating the following:
- The ECB's concerns about economic growth are greater than the general market perception, suggesting a need for more substantial easing measures to stimulate the economy.
- By implementing a larger rate cut, the ECB may be trying to send a strong signal to the market, demonstrating its commitment to supporting the economy.
- However, such a move could also provoke negative market reactions, such as increased volatility in bond yields or further pressure on the euro exchange rate.
3. More Likely Scenario: A 25 Basis Point Cut
- Historically, the ECB tends to adjust its policies gradually to avoid causing excessive disruption to the market.
- A 25 basis point cut aligns with market expectations and can smoothly convey policy intentions while retaining flexibility for future adjustments.
4. **My View**
- The likelihood of a 25 basis point cut is significantly higher, as it aligns with market expectations and avoids unnecessary volatility in financial markets.
- If the ECB opts for a 50 basis point cut, it may indicate a more pessimistic assessment of recession risks, but this choice could also entail greater policy risks.
Technically, EURUSD is testing the weekly support and moving beneath the EMAs.
As long as it breaking through the support, a long-term bearish trend for EURUSD is pretty sure!
GOOD LUCK!
LESS IS MORE!
Head and Shoulders Pattern in EURUSDEUR/USD Analysis (Timeframe: To be determined): Head and Shoulders Pattern Detected, Buy Signals Generated
A head and shoulders pattern has been identified on the EUR/USD chart. However, contrary to the typical bearish implication, buy signals have been generated, indicating a potential bullish reversal.
Key Indicators:
- Head and Shoulders Pattern: A clear head and shoulders formation has been detected.
- Buy Signals: Generated, indicating a potential bullish reversal.
- Trend Analysis: Potential bullish reversal.
Key Levels:
- Resistance: 1.08300
- Support: 1.05200
- Target: 1.09250
Recommendation:
Consider long positions or bullish strategies to capitalize on the potential upside movement.
Please note that forex markets are highly volatile, and prices can change rapidly. Please mind your own money management 🙏
Best Wishes Tom 😎
Bearish drop?EUR/USD is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.0543
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.0564
Why we like it:
There is an overlap resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 1.0502
Why we like it:
There is a pullback support level.
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EU is ready to dropHi traders,
Last week EU made a bigger ABC pullback (orange) to the 38.2 fib retracement of the last impulsive wave.
It's clear that it is a correction and not a leading diagonal. Price broke structure but didn't close above it, so the swing low gets weak and I expect it to break.
Last Friday it started the drop already and changed the orderflow to bearish.
I don't expect it to go up once more into the higher Daily FVG's.
Next week we could see a small correction up and a big drop to break the swing low. After that price could drop to the lower Daily FVG to finish wave 5 (black).
Let's see what the market does and react.
Trade idea: Wait for a small correction up on a lower timeframe and trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
