EURUSD Double BottomYou will never see another double bottom as beautiful as this. Buy to the top. GoodluckLongby WealthCreationFX15
EU is ready to go upHi traders, Last week EU made a correction up into the 4H FVG and after that another downmove. Next week we could see the next upmove. So let's see what the market does and react. Trade idea: Wait for a change in orderflow to bullish to trade longs after the finish of a correction down on a lower timeframe. If you want to see more from my analysis, please make sure to follow me, give a like and 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! EduwaveLongby EduwaveTrading119
Market Analysis: EUR/USD Struggles To RecoverMarket Analysis: EUR/USD Struggles To Recover EUR/USD is attempting a recovery wave from the 1.0675 zone. Important Takeaways for EUR/USD Analysis Today - The Euro declined toward 1.0675 before it started a recovery wave against the US Dollar. - There is a key bullish trend line forming with support at 1.0710 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair extended the decline below the 1.0720 support zone. The Euro even declined below 1.0700 before the bulls appeared against the US Dollar, as mentioned in the previous analysis. The pair tested the 1.0675 zone and recently started a recovery wave. There was a move above the 1.0710 resistance zone, but the bears were active near 1.0745. As a result, there was another pullback to 1.0690 and the pair is now consolidating below the 50-hour simple moving average. Immediate resistance on the EUR/USD chart is near the 1.0718 zone. It is close to the 50% Fib retracement level of the downward move from the 1.0744 swing high to the 1.0690 low. The first major resistance is near the 1.0725 level or the 61.8% Fib retracement level of the downward move from the 1.0744 swing high to the 1.0690 low. An upside break above the 1.0725 level might send the pair toward the 1.0745 resistance. The next major resistance is near the 1.0780 level. Any more gains might open the doors for a move toward the 1.0820 level. Immediate support on the downside sits at 1.0710. There is also a key bullish trend line forming with support at 1.0710. The next major support is the 1.0695 zone. A downside break below the 1.0695 support could send the pair toward the 1.0675 level. Any more losses might send the pair to 1.0650. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen227
EU Short hereMarket broke the support level and is coming to retest it. Overal daily is on a downtrend. Price target to next support with invalidation above the zone.Shortby GMWfx115
EUR/USD SELL LIMITEUR/USD SELL LIMIT ⬇️ENTRY : 1.07475 1️⃣TP1 : 1.07240 2️⃣TP2 : 1.07005 3️⃣TP3 : 1.06679 ❌SL : 1.07710 hghghhghghghghghghghghghghghghhghghghghghghghghghghghgh Shortby ShakerTrading115
EURUSD 15 MIN BEARISH FLAGE PATTERNSeurusd 15 min bearish flage pattern Downside tgt are 1.06400 Allmost +500 Pips Lets see whats mkt hpn Shortby Sandeepsingh55114
EURUSD Trickles DownEURUSD continues to fall as the DXY moves higher and higher. Let's take a look into the factors affecting this FX pair over the next few weeks and months. Interest Rates: The European Central Bank (ECB) cut rates from 4.5% to 4.25% on 6 June 2024. Current Euro Area inflation rate sits at 2.6%. Real Interest Rate = 4.25% - 2.6% = 1.65%. The Federal Reserve decided not to cut or raise rates on 12 June 2024. The current rate sits at 5.5%. Current US inflation sits at 3.3%. Real Interest Rate = 5.5% - 3.3% = 2.2%. ECB Real Interest Rate (1.65%) is lower than the Federal Reserve Real Interest Rate (2.2%). Therefore, USD gains out perform that of the EUR. Upcoming Events to keep in mind: US New Home Sales - 26 June 2024 US Final GDP q/q - 27 June 2024 US Unemployment Claims - 27 June 2024 US Pending Home Sales m/m - 27 June 2024 US Core PCE Price Index m/m - 28 June 2024 French Elections - 30 June 2024 German CPI m/m - 1 July 2024 US ISM Manufacturing PMI - 1 July 2024 EUR Core CPI Flash Estimate y/y - 2 July 2024 US Job Openings - 2 July 2024 US Employment Change, Unemployment Claims, ISM Services, FOMC - 3 July 2024 US Non Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m - 5 July 2024 Target Price Levels: 1.067 - Break of this level signals continuation to the downside to 1.061. If price breaks this level then we can expect price to fall to 1.052 and then to 1.045. My Trade Plan: I will be looking for price to retrace and show a negative reaction to red folder news events over the coming days. Good luck guys :)Shortby TheForexMessiah119
hi guys the price will go uphi guys the price will go up as it getting to the support level. Longby Caldude118
The EUR/USD pair is currently experiencing a mixed trendAs of June 2024, the EUR/USD has been developing a decline wave, with an estimated target around 1.0444. After completing a corrective wave towards 1.0894, the pair is expected to form a consolidation range. If the price breaks downward, a new decline wave might start, aiming for 1.0675. Technical indicators show mixed signals, with some short-term bullish trends but overall bearish pressure.Shortby The_Golden_Path119
EURUSD BULLISH EURUSD is still bullish On the Daily TF going up to Create the Higher low Before its Keep droping down To the Weekly Support level. Longby samdandy224
E/U top down 23/06/24top down analysis using SMC made live for you so that eventually you can also understand how i operate on live markets if you want to know how i enter trades or how i see a certain asset just follow me, message me and i will most likely do a custom video for you.Short04:17by tommasomariacomini223
EURUSD NEXT MOVE POSSIBLE Eurusd looking Under Bull Flag Pattern We Have Best Buying Opportunity Around 1.06 To 1.052 Don't Miss This Opportunity Note It's Not Signal After Confirmation Signals Will Be Available Stay Tuned For More Updates About Eurusd Chart Analysis Longby wiqi4u223
EURUSD → Readiness for further decline. Target 1.0600FX:EURUSD is in a bearish channel. The price is below the resistance at 1.0725, there is a possibility of retesting the liquidity area before further decline. The fundamental background is weak and the actual target is 1.0606 Globally, the market is neutral-bearish. The lower boundary of the symmetrical triangle on D1 is the actual target (testing the liquidity area). Based on the general situation on H4 it is worth paying attention to such zones as: Resistance: 1.0725 (possible false breakout) Support: 1.069 (breakdown. Consolidation below will activate sell-offs). The market has a potential of about 1.10%. No news today, the fundamental and technical background is still in place. Resistance levels: 1.0725, 1.0812 Support levels: 1.069, 1.0606 On the daily timeframe, last week is closing very poorly, which most likely may hint at a possible continuation of the decline. The key target has not been reached yet, the potential is open. Regards R. Linda!Shortby RLindaUpdated 4440
EURUSDEuro USD analysis Daily time frame This currency pair entered its daily support and gave confirmation in the 1-hour time frame. By complying with capital management, we can enter the positionLongby m0neyminer224
EUR-USD The chart for EUR/USD on a daily timeframe shows a symmetrical triangle pattern, indicating a potential breakout. The price is currently at approximately 1.06865 USD, fluctuating between converging trendlines. The upper trendline acts as resistance, while the lower trendline provides support. The chart suggests a possible bullish breakout, represented by a yellow arrow, projecting an upward movement towards 1.09500 USD. Traders should monitor for a breakout above the upper trendline for confirmation of the bullish scenario, or a breakdown below the lower trendline for a bearish outcomeLongby Dhareja114
EURUSD Falling due to French ElectionsHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts Longby ForexMasters2000113
EUR/USD Euro Dollar rate forecast Target 0.815 (23.44%)EUR/USD Euro Dollar rate forecast T/S : Trend Trading B/S : Sell Breakdwon Entry : 1.065 Target : 0.815 (23.44%) Stop : 1.132 (-6.29%) Date : Jun 21, 2024 Note : Support 0.915, 0.849, 0.621Longby Ptrade112
EURUSD on 4 HourA triple bottom could be happening here, looking left also this is a key demand zone where big liquidity has moved price in the past. Also, the last 4 hour candle closure was a spinning top indecision candle, at a key level zone is a big indication that sellers may be losing steam & buyers may be preparing to jump back in from here. This is also a strong area of confluence as it aligns with a 3rd touch to the daily ascending trendline, & if price remains to hold above this key level zone I am anticipating for a push back to the upside.. Longby Profound_AmbitionUpdated 10
1.065 TP coming sell nowPair Name : EUR/USD Time Frame : 45 mintued Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money next drop to 1.065 confirmed Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— ☑Bearish Break 1.069 Area Reasons - Major Turn level / W - Pattern Break Out - Day / week low - Choch Zone - Fibo Golden - Visible range lvn ☑Bullish Reversal 1.065 Area Reasons - Major Turn level / D - Pattern Target - 3 Quarter low - Year low - 2 Quarter Low - Fibo Golden - Daily Choch ZoneShortby Kris-Scalper11
1.065 TP coming sell nowPair Name : EUR/USD Time Frame : 45 mintued Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money next drop to 1.065 confirmed Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— ☑Bearish Break 1.069 Area Reasons - Major Turn level / W - Pattern Break Out - Day / week low - Choch Zone - Fibo Golden - Visible range lvn ☑Bullish Reversal 1.065 Area Reasons - Major Turn level / D - Pattern Target - 3 Quarter low - Year low - 2 Quarter Low - Fibo Golden - Daily Choch ZoneShortby Kris-Scalper11
EURUSD : Next week should be excitingDXY is gaining strength. US10Y is losing steam. This only lead us to a simple conclusion, that risk-off is coming. XAU is taking the lead and just plunge a bit - many thought it would continue going up - hahaha. EURUSD has seen a lot of sudden upthrust recently - volatility. But every upthrust soon see price coming down again. We should know what this means. Trade with care. Understand that this game is all about PROBABILITY. There is no CERTAINTY. To trade safely, one of the most important thing is to identify Support/Resistance. The chart and data shows price CONTINUATION - downwards. In the last 24 hours, it shows me the lines above. Good luck. Shortby i_am_siewUpdated 117
TSRI Strategy: EURUSD double bottom at 1.07?Timeframe: H4 Trend: Possible reversal from the short term downtrend Support/Resistance: Supported by bullish trendline, look for breakout of resistance TSRI MACD: Crossover to signal buying opportunity SL: 30 pips below resistance TP: 170 pips at next resistance Possible close at 61.8% Fibonacci retracement level Longby JinDao_Tai118
2024-06-24 - EURUSD - Bullish TrendEURUSD shar is printing bullish trend with a continuation pattern. What do you guys think?Longby abdulmoeedsiddiqui111