Get started

Eurusdlong

EURUSD - Let's go higher now ✅Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: As you can see in my previous analysis price delivered as expected. Now I expect bullish price action after filling the imbalance and rejecting from bullish order block + institutional big figure 1.08000. Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
EURUSD - Downside to bullish order block ✅Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we have pretty the same scenario as on GOLD, Price rejected from bearish order block so I expect price to drop in order to fulfill the imbalance. My target is institutional big figure 1.08000 from where I look for a long position. Fundamental news: Upcoming week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
EURUSD Longs from 1.08300 or 1.08000 back upThis week's bias for this pair aligns with GU, and I'll be aiming to initiate long positions from the demand levels positioned just beneath the current price. Whether it's from the nearby 2-hour demand zone or the 10-hour demand zone situated below, my objective is to buy back up to a supply level or potentially target the equal highs positioned above. Ideally, I'm hoping for price to form a Wyckoff accumulation within my designated demand zones and provide a strong confirmation signal. If this doesn't happen, I'll wait for that zone to be breached, anticipating the spring to occur within the more favorable 10-hour demand zone. Confluences for EURUSD are as follows: - Price has been temporarily bullish to the upside and the 10hr demand zone caused BOS. - I will be anticipating a Wyckoff accumulation to start formulating within my demand region. - A pullback has been initiated from the reaction of the 6-hour supply zone. - Lots of liquidity to the upside in the form of Asian highs and equal highs. - Dollar (DXY) is looking to be bearish so I'm expecting this to be bullish. P.S. While I maintain a bullish stance on this pair, I wouldn't be caught off guard if the reaction from the 6-hour supply zone triggers further downward movement, potentially breaking the structure to the downside. In such a scenario, I'll be more inclined to explore selling opportunities. LAST WEEK OF JANUARY LETS HAVE A GREAT TRADING WEEK!
Long
by Hassan_fx
3
🚀EURUSD is Ready to GO UP🚀🏃 EURUSD is moving near the 🟢 Support zone($1.0800-$1.0756) 🟢. 🌊According to the theory of Elliott waves , EURUSD seems to have completed its five downtrends . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect EURUSD to rise at least to the end of wave 4 at the 🔴 Resistance zone($1.0916-$1.0880) 🔴 in the coming hours or the coming week . Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
1
Title: "EUR/USD Potential Buy Opportunity: Navigating Friday AftIn the aftermath of Thursday's significant market downturn, the EUR/USD pair is presenting a potential buying opportunity within the range of 1.08200 to 1.08300. As traders assess the recent market dynamics, Friday's trading session holds a unique position for those seeking strategic entry points. Thursday's sharp decline may have been influenced by a variety of factors, such as economic data releases, geopolitical events, or broader market sentiment. The EUR/USD pair, reflecting the dynamics between the Eurozone and the United States, experienced notable fluctuations during this period. The identified buy zone of 1.08200 to 1.08300 signifies a range where the currency pair has historically exhibited support, offering a compelling entry level for traders looking to capitalize on potential market reversals. Analyzing technical indicators, such as moving averages, support and resistance levels, and trend patterns, can provide additional insights into the strength of this buying zone. It's crucial for traders to consider the implications of Friday's trading, especially given the typical volatility associated with the last day of the trading week. Friday often introduces unique challenges and opportunities as market participants adjust their positions before the weekend. Therefore, a comprehensive analysis of market conditions, economic news, and any potential catalysts is essential to making informed decisions. Risk management remains a paramount consideration. Traders should set clear stop-loss levels and be prepared to reassess their positions based on real-time market developments. Additionally, monitoring global economic events and news releases during Friday's session is advised, as unexpected developments can impact currency movements. In conclusion, the highlighted buy zone in the EUR/USD pair presents an intriguing opportunity for traders amid the aftermath of Thursday's market decline. Vigilance, thorough analysis, and a proactive approach to risk management will be instrumental in navigating the potential upsides and downsides during Friday's trading session.
by hungryRhino97978
EUR/USD Finds Solid Support at 1.08500 Amidst Tepid Data.EUR/USD Finds Solid Support at 1.08500 Amidst Tepid Data, Eyes on Maintrend Continuation In a noteworthy turn of events, the EUR/USD has staged a rebound, establishing a robust support zone at 1.08500. This critical level is reinforced by the confluence with the Dynamic trendline, acting as dynamic support, and the 61.8%-78.6% Fibonacci zone. Additionally, a Bullish Divergence in the RSI and a favorable reaction at the 200-day Moving Average signal potential upward momentum. Euro Resilience Despite Local Data: Interestingly, the Euro has demonstrated resilience despite tepid local data. The preliminary Producer Manager Index (PMI) survey conducted by the Hamburg Commercial Bank (HCOB) indicates that business activity in the euro area contracted at the slowest rate in January, marking a six-month low. However, the official report highlights persistent downturns in both manufacturing and service sectors, coupled with further declines in new business. German PMI Figures: Breaking down the data, Germany's Manufacturing PMI recorded 45.4, while the services index posted at 47.6. For the Eurozone, the Services PMI came in at 48.4, a slight decrease from the previous 48.8. On a positive note, the manufacturing index showed improvement, rising to 46.6 from 44.4 in December. Upcoming US Preliminary PMIs: Later in the day, S&P Global is set to release the January preliminary PMIs for the United States (US). Market expectations lean towards manufacturing output maintaining its position in expansionary territory. This event could introduce further dynamics to the EUR/USD pair, given the interconnectedness of global markets. Technical Outlook and Maintrend Continuation: From a technical perspective, the confluence of support factors at 1.08500, along with the positive indications from the RSI and the 200-day Moving Average, strengthens the case for a continuation of the current tendency. Traders will be closely monitoring how the pair navigates through these levels and whether the rebound can be sustained. Conclusion: The EUR/USD's resilience at the crucial support level of 1.08500, despite mixed local data, underscores the significance of technical factors in guiding market movements. As the pair eyes a continuation of the maintrend, upcoming US PMI data could play a pivotal role in shaping short-term market dynamics. Traders should remain vigilant and adapt their strategies in response to evolving technical and fundamental factors in the forex landscape. Our preference Long positions above 1.07700 with targets at 1.1000 & 1.1150 in extension.
Long
by FOREXN1
4
EURUSD: The ECB's policy decision is the highlight of today's ec The dollar rose slightly early in the day after being mixed in yesterday's trading. Rising Treasury yields of late have supported the greenback. US stocks also saw late declines, although technology stocks again outperformed as the Nasdaq index closed up 0.4%. The S&P 500 managed to rise 0.1% while the Dow closed down 0.3%. US futures are currently flat. In the bond market, the 10-year bond yield in the US decreased 2 basis points to 4.158%. ECB President Lagarde will continue to speak based on the data but traders will keep an eye out for any unexpected comments from her. The market prices the ECB's ability to cut interest rates in April at 72% and expects 127 basis points of interest rate cuts this year.
Long
by Chart_MasterPro
EUR/USD ENTRIESIm still leaning towards USD weakness, so therefore I am predominately looking for long entries, I am going to wait for the London open before making a decision, if price continues to reject from the 108.700 area then I would consider a buy from the current area, however if it drifts up to the middle of structure then I would wait for the break above structure and a 1h / 4h close above the blue line. Sells could be on the cards with a sold break below structure and a retest of the blue line and a lower low close on the 15 min
Long
by garethwarnock44