Long Position traders looks happy! EURUSD {08/11/2023}Educational Analysis says EURUSD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker FXCM.
Bull/Long Traders look positive on the long position of this pair, The Last lower high has been respected, Which means the market is in bullish trades for this pair.
EURUSD fair value gaps are unfilled in a 4-hour time frame.
The last Analysis is jointly connected in this updated one.
So, trade is already on with RR is 1: 50.44
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
Eurusdtechnicalanalysis
EURUSD Top-down analysis We are monitoring the EUR/USD pair with the intention of entering a trade at the pivot line. This setup is believed to offer a favorable risk-reward ratio. You should stay vigilant and watch for confirmation of this potential trading opportunity on your chart (📊) to make an informed decision (👀).
Eurusd Sell Analysis For Today EUR/USD made a sharp U-turn in the American session on Wednesday and closed modestly higher after falling toward 1.0500 earlier in the day. The pair preserved its recovery momentum and advanced to the 1.0600 area in the early European session on Thursday.
The US Dollar came under heavy selling pressure late Wednesday as the Federal Reserve (Fed) failed to convince markets that they could still opt for one more rate increase in December.
The Fed left the policy rate unchanged at 5.25%-5.5% as anticipated and the policy statement read that policymakers will take a range of economic factors into account when determining the extent of possible additional policy firming. In the post-meeting press conference, Chairman Jerome Powell refrained from confirming a no change in the policy rate this year but acknowledged that rising bond yields were causing financial conditions to tighten.
EURUSD Technical Analysis And Trade IdeaIn this video, we provide a comprehensive analysis of the EURUSD currency pair, with a particular focus on the current bearish sentiment in higher timeframes. Throughout this presentation, we explore fundamental aspects of technical analysis, covering elements such as the ongoing trend, price movement dynamics, market structure, and other essential components of technical analysis. As we progress in the video, we closely examine a potential trading opportunity.
It's essential to highlight that the information presented in this content is purely for educational purposes and should not be construed as financial advice. Engaging in foreign exchange market trading involves a significant level of risk. Therefore, it's vital to thoughtfully incorporate risk management strategies into your trading plan.
EURUSD Where to next?Looking at the charts on the weekly TF, price is attempting a retest on the previous support already broken. If it holds as a new found resistance we just might see price push lower on $EURUSD. For now, I'd rather wait to see the way price will choose to move. Key area in focus is 1.06964
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Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EURUSD is in position to Fall!As price has reached premium prices, retracing 50+%, I am on the lookout for a reversal pattern.
When price sweeps LQ from the buyside or sellside, usually it goes in the opposite direction.
As I am bearish overall, I am looking for the HTF resumption of the overall trend, which is bearish.
Agree or disagree?
Leave a comment or question, and I will be happy to respond.
Tap that LIKE button for me, will you? Thank you.
Trading with Head and Shoulders patternUsually the head and shoulders pattern perform at the end of channel up as a sign of a reversal trend.
In this chart, we can see channel already broken on October 23, but the right shoulder has not fully performed yet.
To trade with this pattern, we have a several conditions :
1. Wait for right shoulder to completely perform to touch neckline at 1.0530. As long as right shoulder not higher than head , this pattern is still valid.
2. After we have a perfect right shoulder, we need one candle full to break down the neckline as bearish confirmation .
3. Usually broken neckline will bounce at previous support to retest neckline . This is the right moment to enter short position
4. Best stop loss position is above right shoulder, as long as the risk reward ratio is still above 2
5. Head to neckline are equal to neckline to target (AB=CD). So in this sample we have 1.0361 as profit projection
note : consider this pattern as failure , If step 1 to step 3 failed to perform
EURUSD - H4\D1EURUSD
Locally, the price is moving in an ascending channel, and the corrective movement in this range may continue to the level of 1.07500. To consider the possibility of selling and continuing the downward movement, it is better to wait for the consolidation of the channel level and retest. with targets up to 1.00000 (parity)
What can you expect?
You can consider entering from the nearest levels of 1.05500 with a small risk, in theory, with a target of 1.07500.
It is better not to take increased risks; correction is being traded. Cancel the idea if the price consolidates at the channel level.
Long
Targets 1.06374 – 1.06954 – 1.07500
EURUSD Trades Looking For Long, But Daily is Down.{25/10/2023}Educational Analysis says EURUSD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker OANDA.
After a downtrend on the daily timeframe, A 4-hour time frame looks promising up to the recent lower high,
Long setup after eating stop loss from Short Sellers,
Because EU fair value gaps are unfilled in a 4-hour time frame.
The last Analysis is jointly connected in this updated one.
So, trade is already on with RR is 1: 4.45
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
EUR USD trade on swing mode. {22/10/2023}Educational Analysis says EURUSD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker OANDA.
Because EU fair value gaps are unfilled in a 4-hour time frame.
So, trade is already on with RR is 1: 41
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
EURUSD getting weakerWeekly key level around $1.07.
In long term EURUSD buyer seems like not so interested, as the choppy movements showing on H4. Minor resistance is so close between the H4 waves indicates weak buyer, the movements almost flat. Strong movements is when the price move rocketing steep no retracement with small "pause" which SMC trader usually called them as "rally base rally" or RBR. But since the 1st wave after H4 "choch", there is no "RBR" formed in H4 structure. Even inside H4 waves showing price have to build some other smaller waves to keep push the price up. Now it's in 4th waves. If observe carefully, it's build up rising flag pattern which usually the sign of downtrend will continue.
I expecting will massive drop after 5th waves complete. If Euro "want" to still continue upward, then it need strong fundamental data to support it to go beyond key level $1.07.
EURUSD Long Term Buy 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
EURUSD 24/10 MovePair : EURUSD ( Euro / U.S Dollar )
Description :
Completed the Breakout of the Upper Trend Line of the Corrective Pattern " Bearish Channel " in LTF. It has Rejected the LL - LH Trend and started making HL - HH. It has Completed " abc " Corrective Wave and Break of Structure with Retracement
Entry Precautions :
Wait until it Completes the Retracement and Rejection
EURUSD Technical analysis and 2 Trade IdeasAt present, we're witnessing a noteworthy shift in the dynamics of the EURUSD currency pair. In the context of this, a notable inverse relationship becomes apparent when we consider the Dollar Index (DXY), which is retracing in higher timeframes. The USD current weakness is paving the way for bullish momentum with the EURUSD.
In our video, we delve into several critical elements of technical analysis, including market structure, price action, and the overall trend. Furthermore, we explore two potential trade opportunities. It's crucial to emphasize that the video serves an educational purpose, and it should not be construed as financial advice.
EURUSD Analysis 23Oct2023EURUSD after penetrating the minor bullish area is currently correction. At present the price responds to trendline very well, with the price always forms a new lower high, by looking at some of these indications, the possibility of the price will be bullish in a fairly close time.
EURUSD Trend Breakout when Support and Resistance ReachedBased on my TA, 4H candles will play tug of war between Support and Resistance before it totally breaks the Trend (also depends on the on-going conflict of Israel and Palestine).
If you have a floating Buy or Sell, better let it float and set SL or TP.
EURUSD Long Term Buy Trading Idea
Hello 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
EURUSD: Core Retail Sales and risksThe EUR/USD firmly in the green for Tuesday after US Retail Sales beat market expectations and saw upside revision to previous figures, sending investor risk appetite into the ceiling and sending the US Dollar (USD) broadly lower, bolstering the Euro (EUR) and taking the EUR/USD up from the day's early low of 1.0532 and sending it within inches of the 1.0600 major handle.
Headline US Retail Sales figures for September broadly beat median market forecasts of 0.3%, printing at 0.7% and seeing an upwards revision in the previous month's reading from 0.6% to 0.8%.
Looking for buyersThe trend is still strong downtrend, but maybe will make some correction from minor support to testing again the SNR zone. Buying side are still weak, too choppy candles movements on H1 but on H4 market structure broke the minor swing high (choch), even on M15 candles also printing weak buying. Trade counter the trend on higher time frame is always risky, so I'll consider use smaller lot size.
EURUSD 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.
EURUSDEURUSD:
DXY is likely to remain volatile due to NFP and other factors such as fear of recession is extremely high among investors. This is where USD remain almost bullish and in these kind of situations price tends to remain bearish on EURUSD.
We are waiting for price to come to our area of entry, where we can enter with 70-80 PIPS stop loss. The 'Target Profit' will remain same as it is described in the chart!!
EURUSD Analysis 12Oct2023Based on last week's analysis, the EUR/USD pair showed strong bullish momentum. However, this week a reversal has been observed after the price formed a CHoCH pattern. The nearest target is still in the trendline area, followed by the next target at 1.07300. If this pattern persists, the probability of a continued bullish trend is high.