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Eurusdprediction

EURUSD Roadmap==>>1-hour time frameEURUSD is moving near the Resistance lines and Potential Reversal Zone(PRZ)($1.084-$1.081) . According to Elliott's wave theory , EURUSD seems to be completing the Expanding Ending Diagonal . Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . I expect the EURUSD to decline at least to the target I have specified on the chart. 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.
Short
by pejman_zwin
10
EurUsd- Rise to 1.11 this summerRecently, EUR/USD found support and formed a strong base just below the familiar 1.07 level. The pair began to rise and has been in a consolidation phase since Friday's Non-Farm Payroll (NFP) report. However, the pair is currently testing Friday's high, and a breakout seems imminent. If this occurs, we could see an acceleration to the upside, with my medium-term target at 1.11. Interim resistance is at 1.1, and to be honest, the highs from mid-May to early June are not expected to pose much trouble for the bulls and should be broken easily.
Long
by Mihai_Iacob
1
EUR/USD Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on EUR/USD , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 🔍 Identifying Key Levels The price has recently moved above the previous week high (PWH), indicating that liquidity above this level has been taken. This often triggers a bearish sentiment as traders anticipate a reversal to target lower liquidity levels. Currently, the price is trading within an imbalance zone, a critical level where liquidity is often gathered before a reversal. If the price fails to hold above this imbalance, it reinforces the bearish outlook. 📊 Key Considerations Additionally, the price is trading near the equilibrium high (EQH), another significant level where liquidity might be captured before a reversal. If the price sweeps the liquidity resting above this level, it could signal a potential bearish move. 📉 Current Price Action The recent price action shows a mixed sentiment. The price has taken out the PWH, indicating potential liquidity capture. Currently, the price is trading within the imbalance zone, suggesting a potential for downward movement if this zone holds as resistance. 🔄 Bearish Scenario Given the current market conditions, the bearish scenario is supported by several factors: • PWH Swept: This indicates that the market has taken liquidity above the previous week high and is now likely to target lower levels. • Imbalance Zone: The price is currently trading within the imbalance zone. If this area holds as resistance, it suggests a bearish outlook. A failure to break above this zone reinforces the bearish scenario. • EQH: The proximity to the equilibrium high indicates a potential reversal area. If the price sweeps the liquidity resting above this level, it might trigger a downward move. 📈 Bullish Scenario Considerations While the overall sentiment appears bearish, there are factors to consider for a potential temporary bullish move: • PWL Test: Before a significant downward move, the price might test the previous week low (PWL). This could lead to a short-term bearish move, capturing additional liquidity before continuing higher with more momentum. • Gap Fill: There is a gap below the current price level. If the price fills this gap, it might then find support and reverse upwards. • Creating Low Resistance Sell Side Liquidity: The price could create low resistance sell-side liquidity (LRSSL) on its way down. Once this liquidity is created, it can be used for long positions, as the price may reverse and use this liquidity to fuel an upward move. 📊 Chart Analysis Summary The price has swept the PWH, indicating a bearish sentiment. The imbalance zone and EQH are key liquidity levels suggesting potential downward movement. However, the price might test the PWL for a temporary bearish move before continuing higher. The creation of LRSSL could provide opportunities for long positions. 🙏 Thank you for joining us! Exploring EUR/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
1
THE ONLY SETUP YOU NEED FOR EURUSDMonday is most of the times a boring days to trade, but it's an important day to keep in mind to make a plan. Today is a dangerous trade to operate, and that's why i have two setup in one idea for you. EURUSD will go down, and this is a high probability trade. But today Powell will speech, and this could create volatility. I do not exclude that EU could go higher to squeeze the short. But it can happen for some minutes only. We will go down and the price will reach 1.074, probably this week. Here i have planned to enter long, because price will reverse. R:R will be better in the long trade, but i will DCA the short today
Short
by SaliJournal
EUR/USD Shorts from 1.08600 back down.This week's forecast for EU is looking very promising for sells. I hope for price to break the current supply zone, although we might see a reaction from it before price reaches the daily supply zone above. This upper zone is a more valid level for taking sells. If Monday opens with a sweep of the Asia high and a clear CHOCH, I might consider imminent sells from the current zone, but with lower risk as the POI is not ideal. From there, I expect price to drop into a demand zone, where I can look for new buying opportunities. Confluences for EU Sells: Price is in a supply zone and showing weakness in bullish pressure. There is a daily supply zone above that holds good validity. DXY is also in a demand zone, aligning with the negative correlation. There is lots of liquidity and imbalance below, drawing price downward. P.S. If price respects a nearby demand and breaks both supply zones, it will confirm a bullish bias, and I will start looking for buys.
Short
by Hassan_fx
6
LET'S THINK TOGETHER ABOUT EURUSDIn the past week we have witnessed a sharp increase in the eurusd. The climb started from the 1.06700 zone where the pair created support with a triple touch in recent weeks. Before this restart I would have bet on a visit to the 1.0600 area where we find a lot of liquidity, this did not happen... but this does not mean that the price cannot return there. At this point let's analyze the two possibilities together. In favor of the long we have a cot report from last week which shows institutional positions LONG on the pair, all the moving averages (20/50/100/200) were exceeded without a response in the TF daily and above all a weak dollar, which has refused the visit at the highest levels of recent months. Instead, in favor of the short we have the zone we are entering which is full of resistances, Fibo and POC levels. At the same time the RSI oscillators in the average TFs show overbought. The Cot reports have not been updated and institutional investors are most likely starting to consider unloading long positions after the rise. Retail sentiment 87% long vs 13% short. At this point comes my idea: We will most certainly see a decline in the short/medium term to fill the areas left and then we will have to observe how the price will react to understand whether to go long and where. I am currently positioned short and watching whether the price will need higher resistances to open new higher positions. Always think with your head, do not copy signals without having a valid idea about the operation you are about to open.
Short
by jamesbond70
EUR/USD Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on EUR/USD , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 📊 Key Levels Analysis Let's first discuss the key levels highlighted in the chart and then consider how to utilize them effectively. As you can see, the previous month's high ( PWH ) is positioned prominently above the chart, while both the previous week's low ( PWL ) and the previous month's low ( PML ) are clustered together at a significant level. 🚀 Price Movement Overview In the provided chart, the price initially surged through the previous week's high ( PWH ) and continued to rise, reaching the Fair Value Gap ( FVG ). Subsequently, it retraced to the gap created below the chart. 🔍 Current Price Behavior The gap has been respected well, and now the price is moving towards the Buy Side Liquidity ( BSL ) marked on the chart. We can anticipate the price to breach this level to gather the liquidity resting above it. 📈 Bias and Potential Entries The current bias is bullish until we reach the buy side liquidity. At that point, we should look for potential short opportunities. However, it's crucial to note that we have swept a low resistance liquidity at 1.07543 , which could provide an entry point on lower time frames. ⏳ Trading Strategy Advice Overall, it's important not to rush into any positions. Wait for the key levels to be taken out and then look for potential entry points. Additionally, be aware of high-impact news events scheduled for the coming days, which could influence market movements. 🙏 Thank you for joining us! Exploring EUR/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
GAP CLOSED, WHAT'S NEXT?The short on EURUSD got perfectly closed as I was expecting and we made enough profit (honestly I was expecting the price to go up more and add more shorts, but it's ok). Now the chart looks bullish for the short term, but we will probably see a slow price action this days. I have a short term target for a buy at 1.085, but the main view is still bearish. So, the plan is to hold the long for a scalp and wait for a short entry (if the structure doesn't change)
Long
by SaliJournal
EURUSD Buyas in my previous analysis lastly i have told that EURUSD will go buy if the pair break counter trend line and we have seen that the pair have broken the trend line and we have enjoyed the upper rally yesterday and today as the market had opened Gap Up we were waiting for the pair to reach to our POI and the pair has reached there the Gap is filled market is going upwards price action also gives the confirmation and on support its double bottom too so we are long here
Long
by Wakeel_Saab
EURUSD is Ready to Go Up!!!EURUSD is moving in the Support zone($1.070-$1.062) and near the Support line . Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . According to the theory of Elliott waves , EURUSD seems to have completed its 5 downward waves and we should expect upward corrective waves . I expect EURUSD to trend higher in the coming hours. Euro/U.S.Dollar Analyze ( EURUSD), 4-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
9
EUR/USD Rebounds in Sideways Area, Concludes Flat Trading WeekAs forecasted, the EUR/USD pair rebounded within its sideways range on Friday, wrapping up a week of flat trading. Traders found little reason to push the pair meaningfully in either direction. The week saw German import prices and labor figures broadly missing expectations, while the US Personal Consumption Expenditure (PCE) Price Index inflation printed at forecast without sparking significant movement. German Unemployment Change data showed a higher-than-expected increase, with 19,000 more consumers added to unemployment figures in June, exceeding the forecast of 15,000 but still below the previous month's 25,000. The German Unemployment Rate also edged higher to 6.0%, compared to the forecasted hold at 5.9%. Our technical analysis remains bullish as long as the price stays within the upper side of the sideways rectangle. Currently, the price has rebounded from the 78.6% Fibonacci retracement level of the lowest major swing and has formed a triple bottom pattern. This suggests a potential continuation of the upward trend. We will continue to monitor the economic conditions to determine future moves once the price approaches the upper boundary of the sideways range. For now, the technical indicators support a bullish outlook, anticipating further gains within the current trading range. Initial 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.
Long
by FOREXN1
1
EURUSD analysis week 28EUR/USD continues its downtrend and trades in negative territory below 1.0700 as the US Dollar benefits from upbeat data during the US trading session. S&P Global reported that economic activity in the US private sector continued to expand at a strong pace in June. The risk-averse market atmosphere has helped the US Dollar (USD) gain strength, forcing EUR/USD to stand firm. Disappointing PMI data from Germany and the Eurozone weighs on the Euro find a need. Late Friday, S&P Global released preliminary US Manufacturing and Services PMI data. US PMI data is better than expected, USD could maintain its strength into the weekend and cause EUR/USD to fall below 1.0700. EURUSD's retracement is close to the critical support level of 1.065. The uptrend was almost broken when the 1,070 level was completely broken. If EUR/USD falls below 1.065 and takes it as resistance, the slide could extend to the 1.062 two-month low. On the upside, 1.0700 (psychological level, static level) can be considered as temporary resistance ahead of 1.0730 (61.8% Fibonacci retracement, EMA 34 and EMA 89) and 1.0780 (50% Fibonacci retracement). Resistance: 1.073-1.078 Support: 1,065-1,062 Trading signals SELL EURUSD: 1.078-1.080 SL 1.082 BUY EURUSD: 1.062-1.060 SL 1.058
by TVS-Trader
EUR/USD Monthly Structure Analysis and Sell SetupThe EUR/USD monthly structure, viewed on a daily timeframe, indicates a SELL setup. The TDI (Traders Dynamic Index) has already shown a bearish cross, signaling the presence of sellers in the market. Additionally, the candle formation at resistance is an evening star pattern, which is a reversal indicator. On a smaller timeframe (H4), a triple top formation is visible at resistance. Targets for take profit are as follows: - First take profit: 1.07831 - Second take profit: 1.07484 - Third take profit (monthly open): 1.07138 Ensure to wait for valid entry signals before executing trades. Trade with caution. If you find this analysis useful, please like, follow, share, and leave a comment.
Short
by ezeepips
Sell EUR/USD Bearish ChannelThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0700, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0653 2nd Support – 1.0634 Stop-Loss: To manage risk, place a stop-loss order above 1.0730. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
21