EUR/USD approaches minor support level, what now?Hello traders, hope you had a great weekend. Last Friday, we made some
good profits of 100+ pips by selling EUR/USD at the 1.10 resistance level.
Now, at the moment, the price is approaching a minor support. Whether the support
level holds is another question. Price action tomorrow will be the determining
factor. Although, as we approach the end of the year, volumes will continue to
reduce as most of the big institutional traders will be on holiday.
Of course, I would not open any new sells at the current price levels. However,
in case EUR/USD spikes up to the resistance again, I will consider putting in
new sell trades.
Eurusdtrade
#EURUSD: DXY will be dominate! this weekEURUSD will likely to drop due to strong sellers presence price bounced up on after FED decision led DXY to drop heavily. Due to a sudden price increase due to economic data, price left massive gaps in the market. It is very likely that before any further big move we can pick this intraday trade idea.
💡 EURUSD: Predicted December 18After approaching the target price range around the 1.1000 barrier, the price fell sharply in the past session, losing most of the previous session's gains and creating a rail pattern on the daily. This behavior shows that the price may peak at 1.1000. Expect the price to soon test the lower boundary of the down channel. However, those who want to reverse should wait after small rallies for a better entry if want to sell now.
EURUSD H1 / Looking for a SHORT Trade, see why ... 📊Hello Traders!
This is my perspective for EURUSD H1. At the moment, the Liquidity level was taken, next, we have a very important resistance level at the price of 1.09600, and also at the same level we can see an Order Block. In case of confirmation, I expect a bearish dominance until the price of 1.08100.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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EURUSD possible drop to support levelThe downward trend for EURUSD is anticipated to persist, having peaked at 1.10 last week before a rapid retreat.
The failure to breach this resistance level for the second time signals robust downward pressure against bullish movements. Although short-term corrections may occur in the upcoming week, the overall outlook favors a decline. The potential liquidity and turning point for EURUSD are projected to be around the 1.78 mark.
EURUSD Long Term Sell Trading IdeaHello Traders
In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUAD 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
Sold EUR/USD@1.0908, Possibility of 1.08. Anyone with me?Hello fellow traders! Similar to my trade ideas on GBP/USD and XAU/USD that
I published an hour ago, I have also sold EUR/USD because there is a lack
of a follow-through in EURUSD.
I believe EUR/USD will go the 1.08 level again. Selling EUR/USD@1.0910 with a
Stop loss above the resistance box and TP at 1.08 is potential sell trade.
EURUSD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.08000.
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EUR/USD Analysis Buy signal .Hello traders,
Last week we saw the expected market movement which I had analyzed earlier and shared on my trading view profile. Moving on to next week I anticipate that the market will follow another market maker buy model. We have created the sell side of the curve in 1H , and we are going to hit a higher time frame price PD array, which is a dailyFVG. Therefore, I expect the buy program to kick in.
However,I won't immediately jump into buying. Instead, I will wait for a shift in momentum in the LTF before planning to enter.
Holding sells in EUR/USD, target 1.09 and 1.08, you sold too?Hello traders, if you look at the 4hour chart in EUR/USD , you will notice
that price has pulled back after touching the resistance level.
In my previous idea, I already sold after EURUSD touched the 1.1005 level.
Currently a little over 50 Pips profit . However, looking at the price
action, it seems EUR/USD can fall a lot more.
If the bearish price action persists, I expect 1.09 and 1.08 levels to be in the picture
over the next few days.
EURUSD: EUR/USD holds steady at peak, awaiting PMI data.The main movement of EUR/USD this week was driven by statements expressing the views of the Fed and ECB with a strong increase from 1.0800 to the important resistance level of 1.1000 yesterday.
This makes this currency pair face a rather interesting situation when Eurozone PMI data will be published this afternoon. Does the above data support the ECB's stance of "keeping interest rates higher for a long time"? Or will it pressure central banks to act faster next year?
Additionally, another factor to consider is the Fed's ability to cut interest rates. The odds of a rate cut in March are currently around 80%, so there won't be much room left to exploit this story on the USD side.
However, for the ECB, the rate of a cut in March is currently only 55%. Therefore, any change in this possibility will depend on upcoming data with PMI being reliable data in forecasting the economic outlook.
Another factor to note: Today is the options expiration date for EUR/USD at 1.0950. This price level will help the pair be more stable in case any downward pressure occurs.
$EURUSD higher !FX:EURUSD is very close to a daily buy side liquidity, he will likely reach it today or next week.
I believe we will have first a little bit short where smart money will accumulate long positions and then an orderblock will be created to reach 1.10173.
So every down move have to be seen has suspect.
EURUSD is trending downThe euro gained 1.08% to $1.0991, the highest since Nov. 29. It is on track for its biggest daily percentage gain since Nov. 14.
The ECB kept rates steady and pushed back against bets on imminent cuts to interest rates on Thursday by reaffirming that borrowing costs would remain at record highs despite lower inflation expectations.
“The ECB was unable to “out-dove” yesterday's pivot by the Fed. The ECB continues to signal that rate hikes are done but their updated economic projections show no reason to hurry towards less restrictive policy,” said Samuel Zief, head of global FX strategy at JPMorgan Private Bank in London.
EURUSD - Bullish price action ✅Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: As I expected in my previous analysis price made a retracement and almost filled the imbalance. Now we can see a rejection from bullish order block, so I expect bullish price action upcoming days.
Fundamental news: Upcoming week on Tuesday we will see monthly and yearly CPI results on USD, on Wednesday Interest Rate in USA followed by FOMC Conference and on Thursday Interest Rate in Europa. News with important impact on both currencies.
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#EURUSD: Possible short term selling opportunity! Hey Everyone,
DXY will be volatile this week due to NFP and other strong data coming out from Wednesday to Friday market will be too volatile and keeping that fact in mind we think EURUSD may be bearish. Wait for price to come to red designated area so that we can enter short there. Once entered keep stop loss small and to you risk management. Target will be divided into two, close half of the position at target one and keep the rest of the position running for price to reach our target two.
If you like our work and analysis, please like the idea.
EURUSD - D1\H4EURUSD
D1 - The price has corrected by 60% from the impulse of the 1st wave, which could potentially form the beginning of the 3rd wave and lead to a decline to the levels of 1.05409
H4 - To consider the entry, it is better to wait for the formation of a 3-wave structure and consider the entry, at the moment the price may also continue to rise. After confirmation of the pattern, it will be possible to consider targets for D1.
What can you expect?
Waiting for a 3-wave structure and considering selling; if you are considering entering from these levels, reduce your risk so as not to fall into a continuation of the upward movement.
Short
Target during pattern formation 1.06636 - 1.05409 - 1.04283 - 1.02488
💡 EURUSD: Waiting for FOMCThe buying force returned in the last session, and although it once surpassed the old peak around 1,081, it could not maintain above this price level, the selling force returned and created long candle shadows above, the behavior This price shows that there is still a significant struggle around this resistance level. You continue to observe to see if the price will break the upper or lower boundary of the range before taking action.
We can setup Buy limit . Stop loss is necessary
EUR/USD struggles to break the 4Hour resistance, have you sold?Hello traders and the entire Tradingview community! EUR/USD has spiked
during the data release. However, it has failed to break the dynamic
resistance on the 4Hour chart. In fact, we have a bearish rejection candlestick
at the 4H resistance as you can see in the chart.
It needs to be seen if it goes lower than the 1.0730 level, which would open
the door towards a further downtrend.
For now, selling the rallies is preferred in EUR/USD if price reaches towards 1.0820 again.