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20 Reason for sell EURUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: bullish trend also filled corrective wave 2:📆Monthly: after a valid low price goes to a corrective back formaatting a builduo here in favor of bulls 3:📅Weekly: choch done also make support with proper lower high low 😇7 Dimension Analysis 🟢 Analysis Time Frame: Daily 1 Price Structure: The price structure indicates a bullish trend; however, it was unable to break the last high, which suggests weakness. Additionally, there was a correction at the last Overbought (OB) point. 2 Pattern Candle Chart: The chart shows a double top pattern and an inside candle pattern breakout. 3 Volume: Bullish momentum was backed by massive volume, but a correction is expected. 4 Momentum UNCONVENTIONAL Rsi: The resistance at 60 suggests a range shift from bullish to sideways. 5 Volatility Measure Bollinger Bands: The BB shows a double top pattern. 6 Strength ADX: The strength is unclear. 7 Sentiment ROC: This week, the USD is stronger than the JPY. ✔️ Entry Time Frame: H1 Entry TF Structure: The entry TF structure indicates a bearish trend. Entry Move: The move is impulsive. Support Resistance Base: Mid-move resistance. FIB: The trigger event has been executed. ☑️ Final Comments: Initiate a sell at the opening high. 💡Decision: Sell. 🚀Entry: 1.0898. ✋Stop Loss: 1.094. 🎯Take Profit: 1.0788. 😊Risk-to-Reward Ratio: 1:3. 🕛 Expected Duration: 1 day,
Short
by Optimum369
Anticipate High Volatility This Week with EURUSD pairThe EURUSD currency pair is showing a lack of momentum to the upside, with the possibility of a pullback to gauge potential uptrend continuation. Price rejection at the supply zone of 1.09114 and price closing below 1.08424 suggest trading back to the first demand zones. A double-top reversal pattern is also forming on the 4-hour chart, with price trading near the 200-SMA on the 1-hour chart. The coming week may not result in high volatility but expected high-impact news may cause the US dollar to be volatile.
Short
by ClintOnos
Eur/Usd: A sell-side trade for now. Hello traders. I have executed a sell side trade in Euro/ Dollar pair. This will possibly turn out to be a short term trade. As you can see, I've marked the areas clearly with several crosses signifying liquidity and order blocks sitting at those marked zones. The Euro/Dollar pair will grab and mitigate these zones before any move. The second reason for executing this trade is the Market shift which I've again marked for myself to see the reactions after the shift. The fair value gap has been created and now I've opened my short position from a discounted range. I can also see some sort of trend line liquidity which has formed.
Short
by YuaishQureshi
20 Reasons BUY EURUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: bullish trend also filled corrective wave 2:📆Monthly: after a valid low price goes to a corrective back formaatting a builduo here in favor of bulls 3:📅Weekly: choch done also make support with proper lower high low 4:🕛Daily: bullish structure here stating an impulsive move 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bullish 6: 2 Pattern Candle Chart: record session count and correction done 7: 3 Volume: bullish volume is in power 8: 4 Momentum UNCONVENTIONAL Rsi: protected 40 areas also bullish formation here long consolidation 9: 5 Volatility measure Bollinger bands: walking on the band and middle band support 10: 6 Strength ADX: sharp bear dmi up, but bulls are still in power 11: 7 Sentiment ROC: eur stronge ✔️ Entry Time Frame: h1 12: Entry TF Structure: right now is bearish, but based on sentiments and bigger tf, we are seeking buy entries only 13: entry move: impulsive 14: Support resistance base: h4 d1 15: FIB: trigger event done ☑️ final comments: test entry. If it confirms, add 2nd entry at the upper side breakout 16: 💡decision: buy 17: 🚀Entry: 1.07609 18: ✋Stop losel:1.0773 19: 🎯Take profit:1.089 20: 😊Risk to reward Ratio: 1:5 🕛 Excepted Duration: 2 days
Long
by Optimum369
EUR/USD Continues to Climb, Testing 7-Week HighsOn Thursday, EUR/USD remained strongly bullish and showed no signs of slowing down. The pair managed to hit fresh 7-week highs, testing the 1.0930 level. This consistent upward trend can be attributed to the persistent selling pressure on the US dollar, which resulted in the USD Index (DXY) hitting multi-week lows, falling below the 102.00 level earlier in the day. The dovish hike by the Fed during its Wednesday meeting, coupled with Chair Powell's downbeat message at his press conference following the rate hike, also contributed to the pair's upward momentum. The European Commission will release the flash EMU Consumer Confidence for the current month, which will likely have an impact on the euro's performance. In the US, weekly Claims, Chicago Fed National Activity Index, and New Home Sales are expected to be released. The EUR/USD pair's optimistic outlook remains intact, and it looks to consolidate its recent strong rebound past the 1.0900 resistance level. The pair's immediate target is the 2023 high near 1.1030. The pair's future price action will be largely dependent on the US dollar's movement and the European Central Bank's potential next moves, considering the current context dominated by elevated inflation, although amidst dwindling recession risks for the time being.
Long
by FOREXN1
24
EURUSD ROAD TO 1.16 AND BEYOND!The EURUSD IS LOOKING PROMISING! Many positive economic data and a recovery in its economy has been surrounding the EURUSD lately. As US has attempted to drag the EURUSD down with its rapid increase in interest rates the EURUSD has had a strong recovery as well. On september the EURUSD was at a price of $0.99 for the first time since 2002! IT WAS A NO BRAINER BUY IF YOU SAW IT AT THOSE PRICES!!! Here are other factors that are influencing on its rise: Strong economic data: The Eurozone has recently seen positive economic data. This suggests that the Eurozone economy is recovering from the previous economic attack, which may support the value of the euro. Interest rate differentials: The European Central Bank (ECB) has kept interest rates low, while the US Federal Reserve has been alarmingly increasing interest rates. This could make the euro relatively more attractive compared to the US dollar, as investors seek higher returns on their investments. Weakness in the US dollar: The US dollar has weakened against other major currencies recently, in part due to concerns about rising inflation and the potential for the Federal Reserve to raise interest rates more. This has made the euro relatively more valuable in comparison. Have a nice day!
Long
by CryptoGao1
EURUSD: Buy at low levels On the 30-minute chart, we can see that the recent lows have been steadily rising, indicating an upward bias in the trend. On the 1-hour chart, the current market is near support (which was previously a resistance level, but was broken through yesterday and has now become a support level). As long as there is no significant break below this level, buying at these low levels is possible. The target reference point is the previous high, with a potential break above targeting around 1.08. Support below is at 1.065-1.063.
Long
by triumphing
4
EURUSD: Buy at low levels today This is the 30-minute chart of EURUSD, where I've marked the resistance zone and strong resistance level, as well as the entry points. The overall trend today is bullish, with the first step being to see if the resistance zone can be broken. If it can, we'll look to the strong resistance level for our next target. If it can't be broken, we can enter a short position after taking profits on our long position, with the profit target near 1.053-1.045. Today is Thursday, and I don't expect the market to have too much volatility, especially since there will be a highly influential non-farm payroll report tomorrow. The market should maintain minor fluctuations as it awaits the release of this data. Of course, we can't rule out the possibility of the market moving in anticipation. If the non-USD market surges ahead of the report and the data is unfavorable for the USD, the non-USD market will probably continue to rise, but the amplitude won't be too large. Conversely, if the USD is bearish and the non-USD market surges ahead of the report, it will likely experience a significant drop after the data is released. I'll provide a more detailed analysis based on the market trends before the release of tomorrow's data. Today's trading should focus on buying at low levels. Thank you for your attention and support. I'll continue to share more interesting trading strategies, and if you have any questions, please leave a message and I'll provide you with the most reliable solution to help you solve your problems! Wishing you a wonderful day!
Long
by triumphing
2
EURUSD: The long power of the exchange rate is gatheringAs mentioned in our article yesterday, as long as EUR/USD remains above 1.056, the bearish momentum is still limited, and once EUR/USD stabilizes above this position, the euro may point to 1.0650/60.The current exchange rate is 1.06482, which is fully in line with my expectations yesterday. On the fundamental side, more hawkish remarks made by several members of the European Central Bank (ECB) support the euro and support the reasons for increasing huge interest rate increases in the coming months; in addition, the generally positive tone around the stock market is considered to put pressure on the safe-haven dollar and provide additional support for EUR/USD. On the technical side, the continued strength of the pair and its foothold above the convergence resistance level of 1.0645-1.0650 are conducive to the rise of the market.In addition, the oscillators of the daily chart have just begun to move in the positive area and support the prospect of additional gains.However, any further increase may face some resistance in the 38.2% Fibonacci retracement area of about 1.0725, followed by the 50% Fibonacci retracement area of about 1.0785 and the 1.0800 integer mark.Some follow-up buying will negate any recent negative tendencies and will continue to push up EUR/USD. On the 4-hour chart, the exchange rate is currently falling under the suppression of the short-term moving average, and the short-term technical indicators are biased towards the air. However, in the short-term, I think this is a technical correction to the previous increase. It is conducive to the market to consolidate the bottom while accumulating kinetic energy, which is more conducive to the small-level market to rise, and below at the position of 1.0635 is the intersection of the middle Bollinger band and the 30-day moving average support, which has relatively strong support for the short-term market. Taken together, today's EUR/USD short-term operation thinking can go long at 1.0635. FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD PEPPERSTONE:EURUSD CAPITALCOM:EURUSD
Long
by Blessed_V
EUR/USD: The upward momentum will be exhausted, beware of traps!Following the sharp rise in EUR/USD on Wednesday, EUR/USD turned down on Thursday and took back all the gains of the previous day.However, there was a rebound during Friday time, but the currency pair rebounded on Friday and broke through 1.0600. The trend of the euro reflects that the market situation is still relatively tangled at this stage. On Wednesday, EUR/USD rebounded to the 20-day line (SMA) at 1.06844 and fell back in resistance.After falling below the 20-day line on February 2, it did not break through the 20-day line several times during the rebound, proving that there is still a lot of pressure on the market here. The technical indicators of the daily chart are slightly biased to the downside, and there is no clear direction for the time being. The failure to break through 1.0700 indicates that EUR/USD may continue to consolidate around 1.0600. The trend of the 4-hour chart shows that EUR/USD is currently slightly higher than the downward channel since the beginning of February. There is no clear breakthrough signal for the time being. EUR/USD maintains a slight downward tendency. If it returns to the downward channel, the bears may take action, causing EUR/USD to fall to 1.0560 (the midpoint of the downward channel), but as long as EUR/USD remains above 1.0560, the bearish momentum is still limited, and once the exchange rate stabilizes above this position, the euro may point to 1.0650/60. please continue to pay attention to my analysis and sharing, I will bring you a more perfect presentation; click the network button below, everyone is welcome to come and discuss together
Short
by Blessed_V
EUR/USD: High position short Today's impressive PMI data released by the Chinese government has led to a significant influx of funds into the renminbi in the international market, causing the US dollar index to suddenly fall. This is clearly a short-term impact and will not fundamentally change the overall situation. Therefore, after the abnormal market volatility dissipates, the market will return to its original rhythm. As for the operation of the US dollar index, the short-term level is still judged as looking for opportunities to buy on dips. Correspondingly, for the EUR/USD currency pair, it is recommended to short at the high point and combined with market analysis, the following suggestion is given: Short position recommended in the range of 1.0640-1.0660, with targets at 1.0620, 1.0600 and 1.0580. FX:EURUSD TVC:DXY FX:AUDUSD FX:USDJPY
Short
by investmentMr-X
8