EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.08500 for a profit of 30 pips.
Eurusdanalysis
💡 EURUSD: Forecast December 11After creating a bullish signal around 1,075, the price did not continue to increase but slid back down. It has now broken the support at 1,075 and created a new low. Although the long lower shadow shows that buying pressure has returned, this signal is not strong.
You can consider a SELL order. Stop Loss is necessary
💡 EURUSD: Next predictionThe price fluctuated low in the past session, continuing to fluctuate around the resistance level of 1,075 and has not created any significant signals. However, the downtrend is still safe, the bulls have not yet created outstanding points
You can Sell Scalp and set SL to avoid risks
💡 EURUSD: Continued declineEURUSD continues to fall sharply and has had six consecutive losing sessions. By this time, more oversold signals have appeared. In addition, the 1.075 resistance zone is also an important resistance zone. Please pay attention to observe the signs. Price behavior here, if there is a signal of price increase, you can consider buying again. In case it is broken, the price will likely adjust sharply down, towards the resistance area around the 1.0500 threshold.
EURUSD → Nearing Support! Is it Time to Long!? Let's Answer.EURUSD rejected nicely off of the Resistance Zone at 1.10 and fell to 1.07300! If you shorted at the Resistance Zone per my last analysis, hold that short! It's reasonable to take profits here around 1:1 Risk/Reward and swing the latter half, but will we make it to the bottom?
How do we trade this? 🤔
If you're not currently in a trade, I would wait until the price falls closer to the Support Zone and bounces or wait for it to break Resistance and long above it. Look to enter a long in the 1.06 area if a strong bull signal and confirmation plays out and trade a 1:2 Risk/Reward taking profit just shy of the Resistance Zone. Your protective stop should be below the Support Zone giving you a clear 1:2 Risk/Reward!
💡 Trade Idea 💡
Long Entry: 1.05800
🟥 Stop Loss: 104.100
✅ Take Profit: 1.09200
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Trading Range after Bull Run, Bias to Long.
2. Rejection at the Resistance Zone, Run Short to 1.06.
3. Look for Support at Support Zone 1.054.
4. Look for Reversal Pattern, Bull Signal and Confirmation.
5. RSI at 45.00 far below Moving Average, Bias to Short.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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EUR / USD 30mEUR USD 30m idea.
we will be looking to enter this trade after a break of the LH Targeting a 1-3 RR
What do you think ?
EUR USD TRADE SET UP 1hrEUR USD has formed a Descending Channel retesting the previous 4-hour resistance turning into support.
Now we are waiting for a breakout of the channel and a retest of the 30m LH for entry.
What are you seeing on EUR/USD share your idea.
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target below the daily low, located at 1.07550 for a profit of 20 pips.
EURUSD : Long Trade , 4hHello traders, we want to check the EURUSD chart. The price has broken the ascending channel and is currently moving in a descending channel. The price has reached the specified key level and if it cannot break this level and this level plays the role of a support level, we expect the price to grow up to around 1.08400. Good luck.
💡 EURUSD: Forecast ADP-Nonfarm EURUSD is approaching the support zone on the daily frame around 1.0755, and you can see that the current price trend is bearish and the current structure on the H4 frame is bearish because the previous bottom is clearly broken.
However, the price action is not moving very well, the price forms quite weak and unclear price pushes as well as pullbacks. More importantly, there is no really strong peak to be seen. Strong latch to hold the price. In market moving conditions like this, as long as the most recent small peak in that price decline is broken, the possibility of the market reversing is quite high or at least forming a deep pullback.
EURUSD Technical Analysis And Trade IdeaExploring the EURUSD currency pair's current dynamics, our analysis unveils a prevailing bullish trend across higher time frames, particularly evident on the monthly and weekly charts. Our focus shifts to the daily time frame, strategically aiming for an optimal entry point. At this juncture, the price has undergone a significant swing and is now undergoing a retracement phase.
Our keen attention is directed towards pinpointing a retracement within the 50% to 61.8% Fibonacci retracement zone – an area we favor for entry. We look at both a 1D and 4H timeframe scenario. This video meticulously breaks down price action, market structure, and overarching trends, shedding light on critical facets of technical analysis.
Throughout this presentation, we delve deeply into pivotal aspects such as market structure, nuances of price action, trend dynamics, and other indispensable technical analysis components. It's crucial to emphasize that this content is for educational purposes. However, it's imperative to avoid construing it as financial advice.
EurUsd could rebound from support zoneAs anticipated, EUR/USD rose and reached the significant 1.1 threshold. Right after testing this resistance level, the pair experienced a sharp decline, plummeting by more than 200 pips within a few days, suggesting the possibility of a market top.
Currently, the pair is trading just above the support level (1.0760-1.0770 zone). In the short term, there's potential for a rebound, leading to a correction of the recent downturn and a rise to the 1.09 zone.
For more conservative traders, this rebound could serve as a selling opportunity, anticipating a breach of the support level and a subsequent decline toward the 1.05 zone.
EURUSD → Falling WedgeWe have a possible Falling Wedge with a target at 1.08900, as long as the price does not break the 1.07700 zone.
💡 EURUSD : Forecast December 5The European Central Bank policymaker and President of the Bank of France said the ECB is not yet ready to consider reducing borrowing costs but will do so after 2024. Slowing inflation has allowed the ECB to clarifying the 2% inflation target from summer 2021, which could herald an adjustment in monetary policy. In addition, dovish comments from the FED pulled the dollar down, partly supporting the view that the Fed has ended its interest rate hike cycle and will shift to an easing stance in 2024.
We can see EUR/USD recovering and the MACD double line and bar chart shrinking below the zero axis on the H4 chart. When the price once fell below the 1.0880 support level, a short-term top emerged as a bear market.
EURUSD → Initial support emerges at 1.0820FX:EURUSD retreats for the fourth session in a row and puts the key 200-day SMA to the test on Monday.
A drop below the latter should pave the way for a deeper pullback to, initially, the intermediate 100-day SMA at 1.0778 and the 55-day SMA at 1.0681.
So far, while above the significant 200-day SMA, the pair’s outlook should remain constructive.
EURUSD → Rejected!? Will the Price Fall to 1.06 or Rush to 1.12?EURUSD made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action.
How do we trade this? 🤔
The conditions at this moment make it reasonable to short , but there is a caveat! It's very possible the price pulls back a bit to the resistance zone for another test before dropping. If you didn't short at the resistance zone, it's reasonable to wait for the price to crawl back up to the 1.09600 area to enter. Enter after another sell signal, then 1:2 risk ratio down to the bottom of the trading range around 1.05900.
If the price breaks resistance, wait for it to confirm support on the resistance zone then look for a long entry off of a bull signal and confirmation bar.
💡 Trade Idea 💡
Short Entry: 1.09600
🟥 Stop Loss: 1.11450
✅ Take Profit: 1.05900
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Trading Range after Bull Run, Bias to Long.
2. Rejection at the Resistance Zone, Reasonable to Short.
3. If Shorting, Watch EMAs for Support.
4. Look for a pullback to resistance before the price falls.
5. RSI at 57.00 below Moving Average, Bias to Short.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
my expectation of entries in eurusd for tomorrowFor me the EURUSD has risen quite a bit, what it should do is go down to take more liquidity, don't forget it is a matter of probability
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 : Long Trade , 4hHello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. If the price cannot break this level and stabilize above this level, we expect the upward trend to be maintained and the price to grow to around 1.10500. Good luck.
EURUSD possible long for 1.990Daily demand zone for long 1.0728-1.0665, stop loss: 1.0640, target: 1.0990.
EURUSD longWe have a long opportunity looking for the target at 1.09260, as long as the price does not break the 1.08800 level.
With the expected news for today and the volatility that they may generate, a break of the 1.08800 level would give us the signal to enter the market with a short position, looking for the 1.08500 target level.
#EURUSDAccording to the previous analysis, the EURUSD currency pair has started to correct around the resistance zone, which after a complete cycle can continue the trend in the specified support zone to retest the previous ceiling. But to confirm the continuation of the process, you have to wait for a double floor, one floor higher to continue the path. In the open time, this continuation of the movement path can be continued up to the range of 1.14.
EURUSD → Immediately to the upside comes 1.1000FX:EURUSD advances further and reaches new monthly highs in the 1.0980/85 band on Tuesday.
The continuation of the upward bias could see the pair challenging the psychological threshold of 1.1000. Beyond this level comes the August top of 1.1064 (August 10).
So far, while above the significant 200-day SMA, today at 1.0812, the pair’s outlook should remain constructive.
