EURUSD - Analysis, a 'Bullish' ideaCorrective waves are forming and I'm expecting the price to go up further. PS: Please do your analysis and trade according to your plan. Longby shambolicFXUpdated 2
EURUSD, Daily - Analysis, potential 'Sell' orderEURUSD, Daily - mid to long term 'Sell' idea: EMA 34 is crossing EMA 55 alongside MACD indicates a bearish momentum and bearish pressure is also present on the weekly chart. The daily MACD can possibly be a sign not preferably to enter the trade as the bearish pressure has been going on for a few days - it's up to your individual trade conditions and analysis. Head and shoulder pattern is forming and we await for the neckline to be crossed confirming a breakout, ideally a couple of candles formation. It is possible for the price to bounce back, therefore adjust the stop loss according to your risk management. Zones 01 and 02 are the support lines on the daily chart, price is expected to resist in those zones before going further down. Note: Please do your analysis thoroughly and take into consideration your RRR.Shortby shambolicFXUpdated 226
EURUSD in Head and ShouldersAccording to the drawing, the right shoulder is being completedby city19Updated 1
EUR headed down? USD Strengthening? We'll see next week.EUR Dropped slightly on Friday morning, coming down to a low of about 1.08362 trying to break support structures. However the bears couldn't quite get past it. Per previous predictions based off of various data, we did see a retrace back up consolidating for the end of the week below the high. This will likely become become a new Support or Resistance structure later on as we likely move back down. Analysis for the 5 Minute timeframes show that we very well may come back down to continue a down trend, making occasional retracements. As DXY show, the USD did come to a low of around 104.086 before making a higher low, consolidating into a new possible support structure. However SPX500 and DJI did break highs, so this may show decreased interest in the USD, which will impact the USD negatively. Keep an eye on news reports Sunday as the GBP monthly HPI releases along with CNY reports, which will impact the USD value. Small piece of information for any new traders still trying to get a handle on things: Remember that geopolitical news and daily ongoings will impact currency values. Things such as Corn, Cattle, Crude Oil, Precious Metals & more all affect currencies. Keeping an eye on these things will help determine where values are going. Keep an eye on these websites to track news for Forex, Metals and Cryptocurrency. www.forexfactory.com www.metalsmine.com www.cryptocraft.com And here's a Correlation map for Currency pairs. www.mataf.net Good Hunting Traders.by RagingSniper0
it's time to going up for EURUSDbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: (Market, here) Target1: 1.06592 Target2: 1.06747 Target3(Final Target): 1.06901 Stoploss: 1.06092 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;) Longby MakingMoney444Updated 221
EURUSD UptrendEURUSD Uptrend. If we have the uptrend (Trend Sniper Method) confirmed at the important level, it will exceed (1.11387)Longby Trend_Sniper10Updated 3
Order Bloack at 4 hour Bullish Order Blocks at 4 hour suggesting a potential continuation upward trend to meet resistance at the symmetrical tringle by abedijay0
EUR/USDA falling wedge is a technical analysis chart pattern that is used to identify a potential reversal in the direction of the price movement of a financial asset, such as stocks, commodities, or currencies. It is considered a bullish pattern, often signaling that a downtrend might be coming to an end and an uptrend could be about to begin. Here's how it works: ### Characteristics of a Falling Wedge 1. **Shape**: The falling wedge is characterized by two converging trend lines that slope downwards. The upper trend line connects a series of lower highs, while the lower trend line connects a series of lower lows. These trend lines converge towards a point, forming the wedge shape. 2. **Volume**: As the price moves within the wedge, trading volume typically decreases. This decrease in volume indicates a diminishing bearish momentum. 3. **Duration**: A falling wedge can occur over different time frames, ranging from a few weeks to several months. ### Types of Falling Wedges There are two main types of falling wedges: 1. **Reversal Falling Wedge**: - **In a Downtrend**: This type occurs after a prolonged downtrend. It suggests that the downtrend is losing momentum and that a reversal to the upside is likely. Traders look for a breakout above the upper trend line to confirm the pattern. 2. **Continuation Falling Wedge**: - **In an Uptrend**: This type occurs during an uptrend and represents a temporary consolidation before the uptrend resumes. The breakout in this case also occurs above the upper trend line. ### Trading the Falling Wedge To trade a falling wedge pattern, traders typically follow these steps: 1. **Identify the Pattern**: Recognize the wedge shape with converging trend lines and a declining volume. 2. **Wait for the Breakout**: The key signal is the price breaking above the upper trend line. This breakout should ideally be accompanied by an increase in volume to confirm the reversal or continuation. 3. **Entry Point**: Enter the trade at or just above the point of breakout. 4. **Stop-Loss Placement**: Place a stop-loss order below the lowest point of the wedge to manage risk. 5. **Target Price**: Measure the height of the back of the wedge (the widest part) and add this distance to the breakout point to set a potential target price. ### Example Here's a simple example to illustrate: - A stock has been in a downtrend for several months. - Over time, the price forms a pattern where each successive low is less pronounced, and the highs are also getting lower, but the lines converge. - Volume decreases as the wedge forms. - The stock then breaks out above the upper trend line with an increase in volume. - This breakout is seen as a signal that the downtrend may be reversing, and an upward movement could follow. Understanding the falling wedge pattern can help traders identify potential trading opportunities and make more informed decisions in the market.Longby B9A-88652-NisarAhmad0
Euro Session Recap & Pre NYC Trading SessionEUR/USD remains under slight bearish pressure, trading just below 1.0850 after a modest decline on Thursday. With no major macroeconomic data releases on the horizon, investor focus will shift to statements from Federal Reserve officials for further market direction. Gold maintains a positive bias on Friday, holding steady above $2,380. The benchmark 10-year US Treasury bond yield remains stable near 4.4% following Thursday's rebound, providing support for XAU/USD as the market anticipates upcoming speeches from Fed officials.by Exness_Official0
Euro edges lower despite positive inflation reportThe euro has posted slight losses on Friday. EUR/USD is down 0.28%, trading at 1.0837 in the North American session at the time of writing. The April inflation report showed that headline inflation remained steady at 2.4% y/y, holding at its lowest level in almost three years. Services inflation and energy prices declined, while food, alcohol and tobacco prices were slightly higher. Monthly, headline CPI eased to 0.6%, down from 0.8% in March and matching the market estimate. The most significant news was the decline in core CPI, which excludes energy and food, alcohol and tobacco and is a more accurate indicator of inflation trends. The core rate fell to 2.7% y/y, down from 2.9% in March and matching the market estimate. Core CPI has now decelerated nine straight times and has dropped to its lowest level since February 2022. The European Commission announced earlier in the week that eurozone inflation is expected to drop to 2.5% in 2024 and fall to the 2% target in the second half of 2025. The European Central Bank has done a good job slashing inflation, which was running at 7% a year ago. The ECB has signaled that it is ready to shift policy and lower rates at the June meeting. ECB President Lagarde has widely hinted at a June cut but has remained mum about what happens after that. Lagarde doesn’t want to raise expectations of a series of rate cuts and then disappoint the markets if the ECB doesn’t follow through. There are no key economic releases out of the US today, leaving FedSpeak as the highlight of the day. Three voting members of the FOMC, Christopher Waller, Mary Daly and Adriana Kugler will deliver speeches which could provide some insights into future US rate policy. FOMC members have sounded rather hawkish, saying that restrictive policy is working and there is no rush to lower rates. EUR/USD is testing support at 1.0850 and is putting pressure on support at 1.0832 There is resistance at 1.0872 and 1.0890by OANDA0
💡 EURUSD: Analysis May 17EURUSD fell yesterday, bouncing down from the strong resistance above. However, the downward pressure on prices is not strong because yesterday's decrease bar D1 had a narrow amplitude and had a lower shadow, showing that there is still buying force pushing up. The D1 EURUSD chart structure is still accumulating sideways. Need a break above the current resistance for EURUSD D1 to reverse to an uptrend. After the previous price push up, EURUSD H1 is having a pull back down. But with the dominant H1 chart structure being bullish, EURUSD H1 today can continue to wait to buy. Buying points include (1) waiting for an upward push to break the current small range and then retesting to buy, (2) being able to buy if the price drops deep to the lower support zone.Longby Stone_Haven1
EURUSD: Confirm after reviewing ECB Financial Stability ReviewThere's a bullish sentiment in both the short-term and mid-term outlooks for the pair. Two critical zones to watch are approximately 1.08356 and 1.08585. Consider ECB Financial Stability Review and then enter regarding your personal setup.Longby AliSignalsUpdated 4
EURUSDAfter yesterday's aggressive move, the context in New York has shifted to bullish. My local target is the fractal high of the Asian session. I am ready to consider long positions from 1.084, which is the local low formed during the Asian session. If the price consolidates below 1.084, the idea will be invalidated, and the context will shift to bearish.Longby yes_pls_max0
Friends, do you need a chance to get rich?Hello everyone, this week is coming to an end, how is your trading situation, whether you need help, we will get enough profit every day through internal signals, if your account is still losing money, or your account is locked, or you are a new trader, if you need help, you can contact me, no matter how much money you have, I will help you. Let's earn enough profit together! Work together!by JallyTanUpdated 0
let'see on 60 minute EURUSD Down. I try small lot todayT try on EURUSD on 60 minute, end of week Small lot ..... I sell test but i think you need wating cross down 1.08537 to comfirmShortby datinhboynew2
#EURUSD - 17 MayEURUSD pulled back yesterday, from tagging the top of the BB, forming a red candle. It did not hit my buy level of yesterday though. Today it opened below PZ and is coming down. Could see a further move down from here; indeed the price action points to further down, though IMO overall trend is still up. This down move could bring price down to 1.0833; this triple support zone would be good to look for a possible pause and long to target a move higher; my near term price target is still 1.0981.by FadeMeIfYouCan0
EURUSD SHORT TRADE IDEAI am placing a short trade on EURUSD. The US Dollar printed a pin bar at support so I am expecting a move up in the USD and so I am placing a sell stop order on EURUSD at around the 1.08266 mark.Shortby jvaledonUpdated 223
EUR/USD Bullish Phase: Key Support Confirmation NeededHello Everyone, The EUR/USD is progressing smoothly into a bullish phase, showing movement toward the 1Y pivot point. At this stage, we need to observe price stability around the 1D support structure to confirm the potential for further upward movement. TradeWithTheTrend334Longby TradeWithTheTrend33441
EURUSD Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand -------------------- 1-19-2024 GREEN UMVD pushing the price UP with a strong RED TrapZone at the moment. See higher Time Frame Analysis belowby SnowflakeTraderUpdated 2
EURUSD Short Trade Setup A #short trade opportunity recently presented itself on the #eurodollar (#EURUSD) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 1.08939 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum should see price dumping towards the 1.06500 psychological level and possibly testing the strength of the 1.06443 horizontal support level. As always, please apply appropriate risk management. Happy trading! #majorpairShortby charles-okoukoni114
Price at Resistance Level The upper trendline seems to be holding price effectively. Price as reacted to that zone 6 times now. The pair is in a downtrend therefore look for an opportunity to sell. The target should be 1.06150 .Shortby LeoDante_FXUpdated 2210
EURUSD 1W1W - the weekly timeframe is in a short context. It would be desirable to see liquidity withdrawal around 1.088 to confirm the short order flow. Also, if the price closes above 1.088, the context will change to long. However, the main target remains at 1.045.Shortby yes_pls_maxUpdated 225
EURUSD 4h4H - the four-hour timeframe is in a locally long context. The withdrawal of the key high-liquidity point below is favorable. It's important to note the opposition against us. Most likely, we will see a withdrawal at 1.076 before moving higher.Longby yes_pls_maxUpdated 1