EURUSD Technical Analysis and Trade Idea👀👉 The EURUSD has broken key support levels across multiple timeframes, suggesting a continuation of the current bearish trend and potential further downside pressure.
Technical Overview
The pair is forming a bearish structure with lower highs and lows on the daily and 4-hour charts, signaling more bearish momentum that could drive the price toward previous lows.
Trading Strategy
I'm waiting for a retracement to the 50-61.8% Fibonacci zone, which often attracts price in trending markets. If the PPI data today strengthens the USD, this could offer a good entry point for a short trade, in line with the bearish outlook.
Risk Management
While the setup looks promising, it's important to wait for confirmation before entering. Look for bearish candlestick patterns or a rejection at key resistance levels within the Fibonacci zone to minimize risk.
Market Structure
Sellers are currently in control, and any rallies are met with selling pressure, pointing to a possible further downside if support levels continue to break.
Always do your own research and manage risk carefully. Never trade more than you can afford to lose. 📉✅
Eurusdtrade
EURUSD, what is going on? After Friday’s manipulation during the NFP, price spiked up to the daily Fair Value Gap (FVG) and daily bearish order block (OB), rebalancing in premium before reversing downward. My final target remains the same—daily FVG at 1.0892-1.08356.
Locally, I see two potential moves:
A small pump up to the minor Breaker Structure (BTS) zone, followed by a sharp drop.
A straight drop right from the market open.
Stay sharp, this setup could unfold quickly.
EUR/USD Faces Reversal After NFP: A Sell-on-Rallies StrategyAfter dropping near the 1.1 support level, EUR/USD began recovering its losses and successfully reclaimed the 1.11 resistance level. However, after testing the 1.1150 resistance (which previously acted as support during the top formation), the release of the Non-Farm Payrolls (NFP) data triggered a strong reversal, pushing the pair back below the 1.11 support level.
As of now, the price stands at 1.1080, and there is a high likelihood of further downside movement. In my view, selling on rallies presents the best strategy for this pair.
The first target is the support at 1.1, but as said, the pair could even drop to 1.0920 zone
EURUSD → SELL SIGNALDuring yesterday's session, the euro reached the key weekly level that I mentioned earlier in the week at 1.11000
Today we will have quite a bit of volatility, as the non-farm payrolls data is released, and a better than expected data would take the euro to this week's lows.
Guys, what do you think? Leave a comment with your thoughts.
EUR/USD Short – Targeting 1.1033 as USD Strengthens EUR/USD is showing bearish momentum as we approach the New York open. The USD is displaying strength, and we anticipate a continuation of the downtrend. This short setup targets the 1.1033 area, capitalizing on the current market sentiment.
Chart Analysis:
• Bearish Trend: The 15-minute chart indicates a clear downtrend with recent price action confirming lower highs and lower lows.
• Target: The initial target for this short setup is the 1.1033 area, where we expect to see some support.
• Risk Management: Ensure a stop-loss is placed above the most recent high to protect against potential reversals.
USD Strength: The USD is gaining momentum, supported by positive economic data and increasing expectations for tighter monetary policy. The overall market sentiment is favoring the dollar, putting pressure on EUR/USD.
• New York Session Dynamics: The NY session often brings increased volatility, particularly when it aligns with strong trends. Given the current setup, the market may push further down as liquidity enters during the NY open.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
EURUSD "The Fiber" Bullish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EURUSD "The Fiber" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
EURUSD, what is going on? After Friday’s manipulation during the NFP, price spiked up to the daily Fair Value Gap (FVG) and daily bearish order block (OB), rebalancing in premium before reversing downward. My final target remains the same—daily FVG at 1.0892-1.08356.
Locally, I see two potential moves:
A small pump up to the minor Breaker Structure (BTS) zone, followed by a sharp drop.
A straight drop right from the market open.
Stay sharp, this setup could unfold quickly.
EURUSD roadmap for next week (must see it)hi im msnp thank you for reading this article please support us with follow and boosting this idea
ok lets see some charts
1D chart:
you can see that we were in a up trend and now we break the trend line are we making an ABC pullback in retest of TOP? or we can break the top? notice that whole chart showing a big trading range zone
4H chart :
in 4h chart we can see a very good bull trend but look at end of trend bears was so strong that can break EMA so this is a warning for traders that may bull trend is about to end ok so bears are strong at least as bulls
1H chart :
we can see a break below the trend line and now we are making LH and LL we can shape a bear channel you can see a good reaction at top of channel, for next week we can expect 2 or 3 scenarios:
1. a double top at current price and go for LL
2. testing the top and then a double top
3. bulls can break above H and above the TR that means a new bull trend.
EURUSD "The Fiber" Bearish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EURUSD "The Fiber" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD and AUDUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Short on EUR/USD – 30-Minute Timeframe We’re taking a short position on EUR/USD on the 30-minute timeframe, driven by the strength of the U.S. dollar. The recent price action indicates a continuation of the downtrend, providing an opportunity to capitalize on the bearish momentum.
Key Levels:
• Entry: Initiated after confirming the strong dollar trend and the break of key support levels on the chart.
• Target: Aiming for lower support zones as indicated on the chart, where price may find temporary relief or consolidation.
• Stop-Loss: Placed above the recent high to manage risk and protect against a potential reversal.
Rationale:
The U.S. dollar continues to show strength, applying pressure on the euro. This trade is aligned with the broader market trend, which favors further downside for the EUR/USD pair. The technical setup, supported by the prevailing macroeconomic factors, suggests that the downtrend is likely to persist in the near term.
Risk Management:
To manage risk effectively, the stop-loss is set above the recent high, ensuring that potential losses are limited while allowing for the possibility of continued downward movement. Monitor the trade closely and adjust as needed based on market developments.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
#EURUSD: +300 pips buying opportunity one not miss! FX:EURUSD
We have an excellent opportunity to buy a swing entry on eurusd, our previous few setups has hit the target, now since the price is in correction zone, we think it is right time to identify the area where we think price can reverse from. This is the perfect and most ideal zone for buying, if price does not respect our zone then it will confirmed that trend has changed and we will no longer buy EURUSD. Good luck.
EURUSD / UNDER DOWNWARD PRESSURE - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
in the last chart fit full target .
The overall trend remains downward as long as trading stays below the turning level of 1.108.
Currently, prices are below this level, suggesting a potential decline towards the first support level at 1.103. If a 4-hour candle closes below this support, further declines are expected, targeting the second support level at 1.099 .
For prices to increase, the turning level must be broken and stabilized above, which could lead to a rise towards the first resistance level at 1.113, and potentially further to 1.119 .
KEY LEVELS :
Turning Level : 1.108
Resistance Levels : 1.113 , 1.119
Support Levels : 1.103 , 1.099
EUR/USD Short – 30-Minute Timeframe: Capitalizing on Strong USD We’re taking a short position on EUR/USD on the 30-minute timeframe, driven by the recent release of the U.S. Core PCE data, which came out neutral at 0.2%. This data supports the narrative of a strong U.S. dollar, contributing to further downside potential for the euro, which is already trending downward.
Key Levels:
• Entry: Positioned after the release of the Core PCE data, where the euro showed weakness against the dollar, confirming our short bias.
• Target: Aiming for lower levels near the key support zones as indicated on the chart. These areas align with the expected continuation of the bearish trend.
• Stop-Loss: Placed above the recent high to protect against any potential retracement or unexpected bullish movement in the euro.
Market Context:
The neutral Core PCE data at 0.2% keeps the dollar strong, as it supports the Federal Reserve’s stance on maintaining higher interest rates for longer. This macroeconomic backdrop, combined with the technical downtrend in the euro, presents a favorable setup for short positions in the EUR/USD pair.
Rationale:
The euro is under pressure as the U.S. dollar gains strength from the neutral Core PCE data. The market is likely to see further downside, especially as traders digest the implications of sustained high interest rates in the U.S. This trade aims to capitalize on the momentum in favor of the dollar, with a focus on key technical levels that may act as targets for the bearish move.
Risk Management:
To manage risk, we are implementing a stop-loss above the recent highs and will monitor the trade closely as it approaches key support levels. The risk-to-reward ratio is favorable, given the strong market sentiment against the euro.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.