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EURO - Price can bounce up from triangle to $1.0480Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined inside a falling channel, where price fell to resistance level and some time traded between. Then EUR fell to support line of channel, but soon backed up to $1.0500 level and continued to trades between it. Later, price rose to resistance line and then made downward impulse, thereby breaking $1.0500 level and exiting from channel. Next, Euro continued to fall inside triangle, where it first fell to support line, breaking $1.0400 level. But soon, price rose to $1.0400 level and some time traded near, after which broke it and rose to resistance line. So, I think Euro can little correct and then bounce up to $1.0480, exiting from triangle pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
Euro will exit from triangle and continue to growHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago entered to downward triangle and started to decline to the resistance level, which coincided with the seller zone. When the price reached this level, it broke it and continued to fall to the support level, which coincided with the buyer zone. After this, the price turned around and started to grow to a resistance level, thereby making a gap. Later, the price reached the 1.0630 resistance level, coinciding with the resistance line and then declining. Price also rose to almost the resistance line and then dropped to the support line of the triangle, breaking the support level. Euro some time traded below the 1.0400 level and later bounced up to the resistance line of the triangle, breaking this level again. At the moment, the price continues to trades near this line and I think that the Euro can correct to a support level and then rebound up, thereby exiting from the triangle. For this case, I set my TP at 1.0575 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
EURUSD Channel Up targeting the 4H MA200.The EURUSD pair broke above its 4H MA50 (blue trend-line) and following a Double Bottom bounce on the Support Zone on December 18, it started a Channel Up. Having initiated that after a highly oversold 4H RSI, it shares many similarities with the November 22 Channel Up, which peaked just below the 4H MA200 (orange trend-line). This is where our current short-term Target is at 1.04900. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Euro H4 | Approaching pullback resistanceThe Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.0453 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.0544 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit is at 1.0351 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
EURUSD: 4H MA50 crossing signals new rally.EURUSD is remains bearish on its 1D technical outlook (RSI = 41.523, MACD = -0.006, ADX = 15.575) but today it crossed and closed a 4H candle over the 4H MA50 for the first time since December 10th. Along with that, it crossed above the LH trend-line, thus technically invalidating the short term bearish trend. Given the recent December 18th double bottom on the S1 Zone, the pattern that prevails is a Rectangle, thus today's breakout is technically targeting the patterns top. Consequently our target is near the R1 Zone (TP = 1.0600). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
HelenP. I Euro will break trend line and continue to growHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price rose to the rend line, making a first gap, and the started to decline to the resistance level, which coincided with the resistance zone. When the price fell to this level, it broke it, and then some time traded near the 1.0625 level, after which continued to fall next. Later Euro fell to the support level, which coincided with the support zone, and then rose to almost the resistance level, making a second gap. After this, it made a small correction and then continued to move up to the trend lin, and when it reached this line, the price turned around and continued to fall. Some time later, EUR fell until to support level and then at once rebounded and quickly rose to trend line. Now, it trade close to this line and I expect that EURUSD will make little correction and then rebound up, higher than the trend line, breaking it and continuing to move up. That's why I set my goal at 1.0550 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
DXY Trading plan Here’s a more detailed CAPITALCOM:DXY DXY Trading Plan: - **Buy Entry:** Enter a buy position around **107.800**, watching for price action confirmation at this level. - **First Target:** **108.000** – This is the immediate resistance and serves as a safe partial profit-taking level. - **Second Target:** **108.300** – A key resistance level, ideal for booking the remaining profits. Risk Management: - If **107.800** fails to break out or shows signs of reversal, **close the trade immediately** to minimize potential losses. Look for candlestick patterns, rejection wicks, or bearish momentum as warning signs. Additional Notes: - Monitor DXY momentum and overall trend direction on the 1-hour timeframe. - Keep an eye on related macroeconomic data or news events that could impact dollar strength.
CAPITALCOM:DXYLong
by TRADE_CENTER_1
Euro can make small correction and then continue to growHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price started to decline inside the downward channel, where it at once rebounded from the resistance line and fell to the seller zone. Then price rebounded from this area and tried to grow, but failed and dropped to support line of the downward channel. Next, the price rebounded from this line and rose to the resistance line of the channel, breaking the resistance level. After this, the price some time traded in the seller zone and then broke the resistance level and dropped until to 1.0345 points, breaking the support level too, and exiting from the downward channel. Later Euro started to grow inside the upward channel, where it soon broke the 1.0385 level and then rose to the resistance line of the upward channel. After this movement, the price turned around and fell to the support level, where it some time traded near and then continued to grow near the support line of the upward channel. For this case, I think that the price can decline to the support level, after which turns around and continue to grow inside the upward channel. That's why I set my TP at 1.0450 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
GOLD sell setup If you’re planning a **sell entry at 2630** for gold, here’s a detailed plan for your setup: --- ### **Sell Entry at 2630** #### **Rationale for 2630 Entry**: 1. **Resistance Zone**: - 2630 is a psychological and technical resistance level where sellers might dominate. 2. **Overextension**: - If gold reaches this level after a strong upward move, it could indicate overbought conditions and exhaustion. 3. **Market Sentiment**: - Failure to sustain above 2630 would confirm bearish sentiment and likely trigger selling pressure. --- ### **Trade Setup Details** #### **Entry**: - **Sell at 2630**, ideally after confirming a rejection (e.g., bearish candlestick patterns like a shooting star, bearish engulfing, or strong wick rejections). #### **Stop Loss**: - Place the stop loss slightly above 2635 to protect against false breakouts. - Alternatively, use the ATR (Average True Range) to calculate a dynamic stop. #### **Take-Profit Targets**: 1. **Target 1**: 2620 - This is the next key support and provides a conservative risk-reward. 2. **Target 2**: 2608 - A strong support zone where buyers might re-enter. 3. **Target 3**: 2600 - If the bearish momentum is strong, this level could be reached. --- ### **Confirmation Signals Before Entry** 1. **Candlestick Patterns**: - Look for a rejection near 2630 with patterns such as: - Shooting Star - Evening Star - Bearish Engulfing 2. **Momentum Indicators**: - **RSI**: Overbought readings (above 70) near 2630 confirm exhaustion. - **MACD**: A bearish crossover or divergence around 2630 strengthens the sell case. 3. **Volume Analysis**: - Declining volume on the move up to 2630 indicates a weakening bullish trend. --- ### **Risk Management** - **Risk-to-Reward Ratio**: Aim for at least 1:2 or 1:3 to ensure a favorable outcome. - Avoid entering immediately if price breaks above 2630 without signs of rejection. --- ### **Fundamental Watch** 1. **DXY Correlation**: - If the DXY strengthens (moving toward 108.100), it aligns with a bearish gold move. 2. **Economic Data**: - Monitor for any major data releases (e.g., U.S. GDP, inflation data, or Federal Reserve comments) that could influence gold prices. CAPITALCOM:GOLD -
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
EURO - Price can make move up and then continue to declineHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price rose to $1.0935 points, making a first gap, and then dropped to $1.0630 level in pennant. Soon, price broke this level, which coincided with resistance zone, and some time traded below $1.0630 level. Euro fell to support line of pennant, breaking $1.0400 support level but soon backed up and even made a second gap. Next, price continued to grow to resistance line of pennant, which coincided with resistance level and then bounced down. Later price fell to support zone, exiting from pennant and breaking $1.0400 level, which continues to trades to this day. In my mind, Euro can rise a little higher than $1.0400 level and then continue to decline to $1.0250 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
EURUSD Strategic Outlook 2025: 0.9000 end of year target🔸It's time to update the EURUSD outlook, this is weekly price chart, downtrend is well defined since 2012 and we recently got a strong rejection after distribution 🔸Based on technical outlook, EURUSD is set to hit 0.95 by summer 2025 and end the year at 0.9000. I don't see any upside beyond 1.05 in 2025. 🔸The key reason for further decline in EURUSD: Strong DXY, strong political leadership and weak political leadership in EU / weak economy. Below there is a summary of why EU zone is set to decline further based on fundies. 🔸Slow Economic Growth: The Eurozone has faced relatively sluggish economic growth compared to other regions. Factors like low productivity growth, weak domestic demand, and a high dependency on exports to slower-growing markets (such as China) contribute to this. Slow growth impacts investor sentiment and reduces the demand for the Euro. 🔸Demographic Issues: The Eurozone is dealing with an aging population, particularly in countries like Germany, Italy, and Spain. This demographic shift results in a shrinking labor force and increasing pressure on social services and pension systems, which weakens economic growth potential. 🔸High Energy Prices and Inflation: The Eurozone has been significantly impacted by energy price fluctuations, particularly following the geopolitical tensions related to Russia and Ukraine. High energy costs put a strain on businesses and consumers, eroding purchasing power and dampening economic activity. Additionally, inflation remains a challenge in many Eurozone countries, complicating the ECB's ability to stimulate growth without triggering further inflation. 🔸Geopolitical Tensions: The ongoing war in Ukraine, energy disruptions, and broader geopolitical risks have hurt European economies more severely than other regions. The Eurozone's reliance on Russian energy made it especially vulnerable to supply shocks, and the economic sanctions against Russia created ripple effects that continue to affect the region. 🔸Structural Issues in the Eurozone: The Eurozone faces structural challenges such as uneven economic conditions between member states, fiscal constraints (due to the Eurozone's common monetary policy), and a lack of fiscal unity. While Germany and France may have relatively strong economies, countries like Italy and Greece still struggle with high debt levels and low growth, which can drag down overall Eurozone performance. 🔸Tight Fiscal Policies: The EU's fiscal rules restrict how much debt individual member states can take on, which limits governments' ability to use fiscal stimulus to respond to crises. This can exacerbate economic stagnation and prevent the region from achieving sustainable growth. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
14
Euro can rebound up from buyer zone to 1.0460 pointsHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago bounced from the resistance level, which coincided with the seller zone and entered a triangle. After this, the rice turned around and made a strong impulse down to the support line of this pattern, breaking the resistance level with the support level. But soon, EUR turned around and made an impulse, making a first gap, after which it rose to the seller zone, where it later made a second gap. Next, the price some time traded near the 1.0540 level and later dropped to the support line of the triangle, after which rebounded and rose to the resistance line of this pattern. Later, EUR turned around and started to decline and soon exited from the triangle, thereby breaking the resistance level again and continuing to fall. A few moments later, the price started to trades inside another one triangle pattern. In it, EUR dropped to the buyer zone, but a not long time ago backed up and now trades close support line of the triangle. In my mind, the price can fall to the buyer zone and then rebound up, thereby exiting from triangle pattern. That's why I set my TP at 1.0460 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
EURUSD short-term trading set-upThe EURUSD pair has been trading within a Channel Down since the September 25 High and remains on a bearish course below the 4H MA200 (red trend-line) since October 01. The 1D RSI is displaying a huge Bullish Divergence, being on Higher Lows against the Lower Lows of the Channel Down, so long-term a strong bullish break-out is expected. On the short-term though, we can take advantage of this Lower Lows fractal that has been formed another 2 times on this pattern and rebounds towards the 4H MA200. You can short towards the RSI's Higher Lows trend-line, take the profit and switch to buying just before it touches it and then target 1.04200 (expected course of the 4H MA200). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
EUR/USD Market Dynamics: Analyzing Recent Price MovementsFollowing our previous analysis, we anticipated the market's response to last week's robust U.S. economic indicators, particularly regarding the USD's strength against the EUR. After experiencing a notable bearish trend, the euro managed to recoup some losses, specifically retesting our pending order at 1.04380. As I write this article on December 23, 2024, the currency pair trades around 1.04130, providing a rejection of our entry point. On Monday, the U.S. Dollar (USD) stabilized after a significant drop on Friday. This sell-off was prompted by weaker-than-expected growth in the U.S. Personal Consumption Expenditure Price Index (PCE). Specifically, the core PCE—a key inflation metric favored by the Federal Reserve—rose by 2.8%, falling short of the projected 2.9%. On a month-to-month basis, both headline and core PCE inflation inched up by only 0.1%, leading to speculation about the Federal Reserve's trajectory concerning interest rate adjustments in 2025. Federal Reserve officials are beginning to signal expectations of fewer rate cuts in the coming year, as the disinflation process appears to be slowing and uncertainties loom over how President-elect Donald Trump’s upcoming immigration, trade, and taxation policies could affect the economy. Given the current outlook, we are anticipating a continuation of bearish trends in the market. Previous Idea: ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
1
EURO - Price can decline to support area and then bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price started to trades in flat, where at once fell to resistance level, which is located in resistance area. Then price started to grow and rose to top part of flat, making a first gap, after which started to decline. In a short time, Euro fell below $1.0770 level, breaking it and exiting from flat and continuing to fall in triangle. In this pattern, price fell to support level, after which made a second gap and rose to resistance line. Then EUR turned around and in a short time declined to support area, after which rose back, making a fake breakout. Now I think that Euro can fall to support area and then bounce up to $1.0570, exiting from triangle. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
two buy positions on the DXY (U.S. DOLLAR INDEX)Here’s a structured plan for managing two buy positions on the DXY: --- 1. Entry Plan First Buy Position: Entry: 107.000 Likely Reason: Anticipation of strong support at this level, possibly near a significant technical or psychological level. Second Buy Position: Entry: 107.830 Likely Reason: Market reversal or breakout confirmation at this higher level. TVC:DXY 2. Risk Management Stop-Loss Levels: For the 107.000 position: Below 106.800 (to avoid a deeper pullback). For the 107.830 position: Below 107.500 (to account for short-term fluctuations). Position Sizing: Use smaller lot sizes for the second position if risk increases near resistance zones. --- 3. Take-Profit Strategy Conservative Targets: For both positions, a short-term take-profit can be set at 108.200, which may align with minor resistance. Aggressive Targets: Extend profit-taking to 108.500 or 109.000, depending on momentum and fundamental triggers. --- 4. Monitoring Key Levels Support Zones: Strong support at 107.000: Look for price consolidation here if it drops further. Resistance Zones: 108.000–108.200: Watch for profit-taking or reversal at these levels. 109.000: A more aggressive upside target.
TVC:DXYLong
by TRADE_CENTER_1
HelenP. I Euro can reach resistance level and then continue fallHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price reached the trend line, making a first gap as well and then starting to decline. EUR dropped to the resistance level, which coincided with the resistance zone and soon broke resistance 2. Then it started to trades inside consolidation, where it declined to resistance 1, which coincided with the bottom part of the range with the support zone. After this movement, the EUR rebounded up, making a second gap, and later almost reached the trend line. Then the price little declined and later rebounded up to resistance 2, breaking the trend line, after which it turned around and started to decline. In a short time, Ethe uro declined to resistance 1, broke it, thereby exiting from consolidation, and then fell to the trend line. A not long time ago, the price bounced and started to grow. So, I expect that EURUSD will reach a resistance level and then continue to decline next. For this case, I set my goal at 1.0270 points, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
4
Euro can fall to buyer zone and then rebound upHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago broke the resistance level, which coincided with the seller zone and started to grow inside the upward channel. In this channel, the price grew to the resistance line, after which turned around and started to decline in a downward channel, exiting from the upward channel. In this channel, the Euro declined to the seller zone, where it soon broke the 1.0485 level and fell to the support line, but soon turned around and backed up. Next, the price some time traded near the resistance level and later rebounded and made a strong impulse down, breaking the 1.0390 support level, which coincided with the buyer zone, thereby exiting from the downward channel as well. Later Euro turned around and started to grow and some time later reached the 1.0390 level, broke it, and continued to move up. But a not long time ago, the price started to decline, so, for this case, I think that the price can decline to the buyer zone. AFter this movement, Euro will turn around and start to move up to the resistance level from the buyer zone. Therefore I set my TP at 1.0485 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
6
Xauusd for a selling opportunity from the H1According to the lower timeframe, I'm personally looking for a selling opportunity from the H1 resistance area because it's a major zone for sellers. Now the price consolidating between the parallel channel, but we can expect, it will break the resistance and move towards the major resistance area. But if the price successfully breaks our channel downside, then we will start placing our stop orders. Target:- 2588.00 / 2558.53 Let's see how the price will move. CAPITALCOM:GOLD
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
EUR/USD Under Bearish Pressure: A Market Analysis [Update]As anticipated in our previous analyses, the EUR/USD currency pair experienced significant downward pressure during the late American trading session on Wednesday, hitting its lowest point in almost a month, below 1.0350. Currently, while I am drafting this article, the pair has seen a minor rebound and is trading around 1.0410; however, the technical indicators still suggest a bearish outlook. The price is nearing a critical area where it may continue to decline. Our analysis reveals an imbalance on the Daily timeframe that could signal a further downturn. For more detailed insights, please refer to the link provided below. Following the last Federal Reserve policy meeting of the year, the central bank announced a reduction in its policy rate by 25 basis points, aligning with market expectations, bringing it to a range between 4.25% and 4.5%. In their accompanying statement, the Fed emphasized that they would take into account incoming data, the evolving economic landscape, and the balance of risks when evaluating future rate adjustments. In the aftermath of the Fed's decision, the US Dollar (USD) gained substantial strength, leading to a sharp decline in the EUR/USD pair. Moving forward, our outlook suggests the potential for a new bearish correction in the market as we navigate these developments. Previous close position SHORT ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
1