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Eurusdtechnicalanalysis

EURUSD possible buy and sell zone!!Currency Pair : EURUSD Possible direction : Bullish/Bearish With Main Refinancing Rate and Monetary Policy Statement coming up, there is very high chance for EURUSD to fill the FVG that has left daily 20EMA as the pricing in 4h moving with a bullish channel. Todays price still above the previous daily low, means, very high probability bulls will try to keep the higher low maintained. As 4h bullish channel is still on, we could see a break of the channel to the upside, which could lean the price to the FVG and breaking the high to the liquidity zone and from that place, we could see sell of to the monthly support zone. The possible entry would be ideal on the daily support a buy after rejection and a sell upon liqudity grab from the FVG. Please leave a like if you enjoy this analysis and comment below what do you think, which way EURUSD is heading with the news?
Long
by ForexWizard01
1
EURUSD: What to know in markets on Thursday!- EUR/USD is holding on to recovery gains near 1.0750 as the US Dollar (USD) remains behind according to mixed US Consumer Price Index (CPI) data. - The annual measure of US inflation rose 3.7% in August, compared with an expected 3.6% increase. CPI rose 0.6% in August, the biggest monthly increase of 2023 and in line with market estimates. Core CPI rose 0.3% and 4.3%, respectively, compared with estimates of 0.2% and 4.3%. - US S&P 500 futures boost market optimism, as US data underpins Federal Reserve (Fed) pause bets. - The yield on the benchmark 10-year US Treasury note fell to 3.21%. - On Tuesday, Germany's ZEW Economic Sentiment improved to -11.4 in September. However, the index measuring current conditions hit a three-year low at -79.4. "Financial market experts are even more pessimistic about the current economic situation in Germany than in August 2023," the ZEW Institute said. - The ECB event will be decisive for the short-term direction of the EUR/USD pair, as the focus turns to the Fed's policy announcements next week.
Long
by Sphyn-Trader
4
EURUSD: ECB detects leaked reportEUR/USD retreated moderately on Tuesday. It jumped to 1.0769, its highest in a week during the Asian session, but then reversed course, holding above 1.0700. Markets await US consumer inflation data and the European Central Bank meeting. Data released on Tuesday showed a mixed survey by Germany's ZEW. The current conditions index weakened further to -79.4 (lowest since August 2020) down from -71.3, while the Expected index reached -11.4, above the -15.0 forecast. The report provides more signals about a potential recession in Germany and the Eurozone. These factors weigh on expectations of an interest rate hike by the European Central Bank.
Short
by Sphyn-Trader
6
Breaking the Eurozone Stalemate: Can the Euro Stage a Comeback?Ladies and gentlemen, traders and armchair economists, hold onto your trading hats because the Euro has decided to break free from its eight-week losing streak! It's like witnessing the top-dog of the currency world making a glorious comeback after a relentless losing streak that had traders shaking in their boots. But wait, it gets even juicier – while the Euro is on the rise, retail traders were jumping ship and became more bearish than a grizzly in hibernation. It's time to dive into this financial rollercoaster and see if the Euro can defy the odds. EUR/USD Sentiment Outlook – Bullish (Or Is It?) Picture this: about 63% of retail traders are donning their bull horns for EUR/USD, believing the Euro will soar. But, and it's a big but, the majority of these traders being bullish could be a sign that the currency pair is about to take a dive. Why, you ask? Because when the crowd is all on one side of the boat, it tends to tip over, and that's where the market Sentiment comes into play. Downside exposure has spiked by a whopping 24.53% compared to yesterday and a solid 12.26% compared to last week. These shifts suggest that the Euro's fortune might just be on the verge of a dramatic turnaround. The Euro Daily Chart - A Shining Star Now, let's zoom in on the daily chart. We've got a treat here – a bullish Morning Star candlestick pattern! Imagine a candlestick pattern as the Euro's "ah-ha" moment, signaling a potential change in direction. But before we start the victory parade, we need to keep our excitement in check because this pattern hasn't confirmed itself yet. It's like buying champagne before your team actually wins the championship. However, the RSI (Relative Strength Index) is showing some positive divergence, suggesting that the Euro's downward momentum might be running out of steam. But, oh, the drama continues. Our dear Euro is still stuck below the 200-day Moving Average, and there's this menacing falling trendline dating back to July, acting like a bouncer at a trendy club, keeping the Euro out of the VIP section. These two technical barriers are like a pair of cement shoes, weighing the Euro down and keeping it firmly in the bearish territory. So, while a short-term victory may be in the cards, the grand picture still seems to favour the bears. Conclusion: The Euro's Rollercoaster Ride So, what's the bottom line here? The Euro, after a seemingly never-ending losing streak, is showing signs of life, and traders are divided like never before. It's like a Hollywood movie where the underdog faces insurmountable odds, but the crowd is still cheering for a triumphant comeback. The Morning Star candlestick pattern and RSI divergence add a dash of excitement to the story, hinting at a potential twist in the tale. However, those technical barriers - the 200-day Moving Average and the stubborn descending trendline - are like the villains in our Euro saga, refusing to let the hero rise. As the week unfolds, the Euro finds itself at a crossroads, teetering between defying the odds and succumbing to the bearish forces. The stage is set for a thrilling showdown, and traders around the world are watching with bated breath. Will the Euro make a triumphant comeback, or will it continue to dance to the bearish tune? Stay tuned, folks, because the financial markets are like a never-ending soap opera, and the Euro has just taken center stage.
Short
by TFLOfficial
EURUSD: Investors wait for CPIThe EUR/USD currency pair experienced a slight recovery after reaching a new low below 1.0700 on Thursday. Although the bearish bias of the pair remains, there is potential for support due to profit-taking and an improved risk sentiment leading up to the weekend. On Thursday, the US Dollar continued to strengthen against its counterparts following positive weekly data. The number of initial applications for unemployment benefits decreased to 216,000 in the week ending September 2 from 229,000. Additionally, Unit Labor Costs for the second quarter were revised higher from 1.6% to +2.2% in the Bureau of Labor Statistics' initial estimate.
Short
by Sphyn-Trader
9
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
by ForexPlanet20
EURUSD might fallEURUSD flirting on resistance price zone at €1.08 but also still on support trendline daily. Usually, based on price behavior (human psychology, maybe?), selling is stronger at below exact round number (below € 1.10), so I'm bearish for this pair. If it fall, target@TP1 should at €1.06 (200 pips), TP2 €1.04 (400 pips) and TP3 €1.02 (600 pips). Waiting for it to break recent swing low for bearish confirmation before take sell. What do you guys think?
Short
by UnknownUnicorn33119711
EURUSD might fallEURUSD flirting on resistance price zone at €1.08 but also still on support trendline daily. Usually, based on price behavior (human psychology, maybe?), selling is stronger at below exact round number (below € 1.10), so I'm bearish for this pair. If it fall, target@TP1 should at €1.06 (200 pips), TP2 €1.04 (400 pips) and TP3 €1.02 (600 pips). Waiting for it to break recent swing low for bearish confirmation before take sell. What do you guys think?
Short
by UnknownUnicorn33119711
EUR/USD: Entering Into A Bear MarketEUR/USD reversed its direction and fell below 1.0800, reaching 1.0775, the lowest level in a week and closed under 200-SMA. Following an initial negative reaction to NFP data, the US Dollar experienced a significant rally and is maintaining its strength towards the end of the week. WE ARE ENTERING INTO A BEAR MARKET. STRONG SHORT ENTRY SIGNAL The price closed under 200-Day Simple Moving Average The price is below Trend Magic Indicator and shows future bearish trend signal IG Client Sentiment shows strong bearish signal, because 72% of retail traders have open net long positions We have to Stop-loss or Take-profit when the price close above the Trend Magic Indicator!
Short
by ForexWithTsanev
EURUSD I Potentially headed toward strong weekly levelWelcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
by BKTradingAcademy
3
Top Down Analysis for EURUSD - Q4The multi time frame analysis is in the updates below the main Idea. Since we have flipped bullish on the higher time frames, I'll give my big picture view on EU. I look at the timeframes like a gearbox or transmission. The H4 is a gear that, on one revolution will turn the H1 gear four times and the H1, in turn will turn the M15 four times and so on all the way down to the micro time frames. I think that having a grip on all of the relevant time frames is good for forecasting. I believe that once we smesh this H4 supply zone we will have a bullish monthly internal trend, a bullish weekly internal trend, a bullish major daily trend and bullish major H4 trend aswell as the H1 and M15 also being bullish. September and Q4 are looking, well... ching ching! The last time I did a thorough analysis like this it was flagged by Tradingview, sadly due to my shameless plugging! So I will behave!
Long
by Kram_Capital
EURUSD Technical Analysis and Trade IdeaThe EURUSD pair has reached a significant daily support zone. It's evident that the price has exceeded its usual range, and there's a potential for it to pull back towards the support levels. Within the video, we delve into the examination of the prevailing trend, price movements, market patterns, and other critical components of technical analysis. As we near the conclusion of the video, we explore a prospective trading opportunity, adhering to our customary practice of thoroughly explaining all covered aspects. It's important to emphasize that the content of the video should not be construed as financial advice. Remember, trading involves risks, so it's crucial to effectively manage your risk exposure.
by fxtraderanthony
2