EURUSD first range of the weekWatch this 15min FVG for price to sell out down to our lower target, please refer back to the higher timeframe chart for context on this range and idea as a whole! by rosshayes2
CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!Trade Update: EUR/USD We have some great news on our recent EUR/USD trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 2 (TP2). This made sure that 80% of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this, we moved our stop loss to TP1 to ensure no loss on the remaining position. This strategy not only protects our capital but also gives us the opportunity to capture further potential gains with zero risk on the table and cashing out on TP3s. Stay tuned for more updates and happy trading! 🚀Longby TTradessss6
EURUSD 2/6/24EU markup following our previous weeks chart work, this is honestly pretty clear to us we have 2 options. We run bullish following the 4hour structure and taking us out of the higher timeframe range we have been within for 2 weeks now, or we fall in line with higher timeframe trend. Its how these 2 ideas play out or if they play out at all is the key point to keep in mind here. We sit within an internal bullish range that was given to us on Friday, if we close out above this high iam expecting price to run out the highs we have in place already and follow up higher into the hourly trend. If we follow what we think may happen then we expect to see price drop lower breaking us out of the bullish range we are currently in, this will in turn tell us we expect price to drop lower and break out of the bullish trend we are sitting within! Read price and follow what structure is showing you! by rosshayes5
Eurusd Eurusd broke the previous low then tapped into our supply zone.so now we wait for price to tap into that supply the last time before heading down even more.Shortby CurrencyMomentumFX112
EURUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare2
EURUSD EFFORTS TO RECOVER FROM LOSS...Dear Traders,As you know after wednesday EUR/USD retreated and recorded large dump on thersday Over All EURUSD Outlook from the market remains bearish as the pair continues to trade in a tightening wedge pattren Bht we Accepts That in short term,Eurusd Will Still Recieve Good Support with aim Of Reaching To the resistance level. Resistance -1.0770-10775 Will Fly Befor Falling Deeeper According to the Outlook.Longby Oliver_Targets1
Eurusd daily range of 13 pips with range of 10 - 80 pips day Over 23 days, there were ups and downs but eurusd ranged and moved from 1.0601 to 1.0894 or 0.0293 or 2.76%. Daily average is around 0.0013 or 0.12%. Then again, there were days where it moved 70 to 80 pips and some days 10 to 20 pips with some moves cancelling each other out.Shortby kailevel0
70 to 85 pips - H4 MoveDespite daily average of 14 pips move as observed from weekly chart, there were big relative moves of 70 to 85 pips. Though they cancel each other out and nett 14 pips.Shortby kailevel0
Ranging eurusd - 14 pips a day - weekly chartIn 12 weeks, the move was from 1.0448 to 1.1139 or 0.0691. On average, it was ranging and it moved 0.0057 per week or 0.0014 per day or 14 pips a day.Shortby kailevel0
EURUSD OUTLOOK Hello Traders I hope everyone had a lovely weekend after a beautiful week last week. There was a lot happening as it was the first week of the month. Well we are about to close down on Q2 and it is a perfect time to stop and reflect on our yearly Goals and plans, Track how well or off we are doing and change what needs to be changed. Take the risk, Take that prop firm challenge; fund that account; and see how far you can go. There's absolutely no one who's going to tell you that now you are doing great, now you are ready but only your self, only you understands what needs to be done next so yeah, don't hold back. Alright back to the markets EU has show some very interesting moves which has resulted into internal structure being aligned with HTF structure, we are anticipating bearish momentum to continue and following basic market structure we do expect the market to pull back to form Continuation LH before breaking our swing LL which can be used as our target. Lets see how price plays out this week and be mindful of High impact news. Thank you. Shortby Ocean980
Expect sell on euAm expecting price to get to the IRL of the BRP. Then we target sells to the ssl @1.06495 by miraclealexx0
Expect sell on euAm expecting price to get to the IRL of the BRP. Then we target sells to the ssl @1.06495 by miraclealexx0
EURUSD M30 IdeaPotential for a bearish pullback on the EURUSD M45 which could lead to a price movement towards the support level at 1.06800Shortby GOLDFXCC0
EUR/USD analysis, ups and downs, trends and strategiesHello traders Today, the EURUSD market is sensitive to news regarding the monetary policies of the Fed and the European Central Bank (ECB), along with key economic indicators such as employment data, industrial production, and inflation from major economies. The currency pair has struggled to surpass a critical resistance level around 1.1400 and is testing support around 1.1200. Technically, the MACD indicator is in negative territory, indicating potential selling pressure. The 50-day moving average has crossed below the 200-day moving average, signaling a potential downtrend. The RSI is below 50, suggesting underlying imbalance and potential further decline in the short term. It is anticipated that if EURUSD fails to hold above the support level at 1.1200, the currency pair could continue to decline towards 1.1100 and even 1.1000 in the coming week.by Market-HarvesterUpdated 1
EURUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare0
EURUSD TRADE SETUPwait for retest the key level then take a trade for Sell otherwise skip this setupby JinnatAlamSumon1
EURUSD POTENTIAL SELL OPPORTUNITYHello Everyone! How are you all? EurUsd is a pair to watch this week, because of the current bearish impulse and could shape up for a sell continuation that we can capitalize on. So, I will be looking for a bearish continuation because of the following reasons: 1. The short term trend is bearish. 2. The price has broken a strong low. Game Plan: If the price forms a sell structure with two highs and lows, will wait for a bearish impulse on H1 followed by a 15mins flag. Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag. t.me Shortby TreasureFXHub1
Short EURUSD at 5 pips targe daily with limit order entry- monthEURUSD had peaked at around 1.2350 in Jan 2021 to drop to a low of 0.8535 in Sep 2022. In 21 months, it had dropped 30.9% or an average of 1.47% per month or 0.0182 or 182 pips a month or 9.1 pips per day assuming 20 tradings day a month. So after it had moved 9 pips, I should consider it over extended. Never thought of that. This also mean that the entry price should be with limit order for sanity of mind and willingness to let it go. Esp if the price runs off and it's not filled. This decline could be due to the Ukraine War. The move down was consistent and could have been overextended. The recovery to the new high of 1.1275 in July 2023. In 11 months, the recovery was for 2740 pips or 32%. On average, this is 2.92% or 249.1 pips a month, faster than the 1.47% monthly dip earlier. Assuming 20 calendar days, this is 0.15% or 12.5 pips a day. So my expectations is daily movement of 9 to 12 pips. Then again, that was when eurusd was trending. It is now peaked and ranging so 9 to 12 pips would be generous. Perhaps, it would be more useful to target half of it like 4 to 6 pips a day with EURUSD. Limit order will be useful in this scenario and not to chase breakouts. My bias will be to short EURUSD. Shortby kailevel110
EURUSD Wave 5: Bulls and Bears Battle It OutThe bear and the bull fight each other through out this 2 years, it is a perfect definition of wave 4 of Elliot wave Weekly Timeframe Price failed to break through the 1.091 resistance last week and plunged to the 1.068 area, which coincides with the 38.2% retracement of the presumed wave 3. This aligns with the expected 38.2% retracement for the end of wave 4. The formation of a triangle pattern is also a valid interpretation, as all subwaves (ABCDE) follow the 3-3-3 structure. However, the exact bottom of wave E remains uncertain. Bear in mind that some EURUSD charts indicate an unfilled gap at 1.06400. Trading Implications For those who entered long positions earlier this week, the 1.06 level (below C) serves as a potential stop-loss level. (remember that unfilled gap at 1.06400) Additional Considerations A more conservative approach would involve waiting for price to break above the D peak (1.09200), followed by a retracement, before initiating a buy trade. This strategy may require patience, as it could take several weekly candles (several weeks) for EURUSD to ascend. Fundamental Analysis This bullish analysis contradicts the fundamental outlook for the euro, given the ECB's decision to cut interest rates. Interest rate cuts are generally expected to weaken the euro against the dollar, at least until the next ECB announcement scheduled for July 18, 2024. Alternatively, this date could mark the beginning of EURUSD's bullish movement (approximately 4 weekly candles from today). Suggestion Price action this week will be crucial for further confirmation. For scalping and intraday trading, i recommend to follow this great timeframe as a guideline. Disclaimer This analysis is for informational purposes only and should not be construed as financial advice. Please conduct your own research and consult a financial advisor before making any trading decisions.Longby edoyuwon19091
EURUSD Trade Outlook for the Week 17/6/24-24/6/24EURUSD Outlook for the week 17/6/24-24/6/24 HTF: We are bearish. MTF: We have formed bullish divergence that seems to suggest highs to go. For this coming week, we may expect more bullishness to come in, but at the same time knowing bearish pressure can kick in anytime and we are pro-trend bearish. At any time, prioritise sells over buys. If in extreme discount, buys will hold more probability over sells For more of our outlooks across other instruments that we are doing (BTCUSD, XAUUSD, BCOUSD, US30), join our telegram channel ( t.me )by SeraphimFX0
Analysis and advice from professionals!Judging from the chart Market has clearly touched the bottom trend-line third term to active bull traders in market now can see the market again going to the near term resistance level at 1.08500 soon in upcoming week. I am in buy from 1.06900 with a TP of 1.08500.by Jellytian0
Euro / U.S Dollar _ Under _ Trading _ Venue _ OANDA Euro / U.S Dollar _ Under _ Trading _ Venue _ OANDA Lets cover some facts and where Euro will be heading! In order to avoid stage 4 of global market = Decline stage the retest must hold within the key level of 1.06352. Reason + Facts: Year 2023, Quarter 4, Oct , week 2 support was confirmed over week 1, however, the retest was not done correctly. There are 2 level of retest was require in that period and they are missing, (1) Support over 2023, Quarter 3 which was done correctly and the second retest was left without completing. Second area that market may go as low, 1.03686. During year 2022, Quarter 3 Retest is missing over July period! Third area that market could face as low is the level of 1.01970 ,Retest over Sep Over week 4 , July is missing. Forth area = Decline Stage, week 4, Oct 2022 + week 2, Nov, 2022 support was confirmed but there was no correct retest over these level ! Meaning ,Market could face as low as 1.00960 , 1.00960, 1.00849, 0.99760. by Skill-Knowledge-Conduct0
EURUSD 4H Chart Analysis: Anticipating a Bullish MoveOn the 4-hour chart, the EURUSD pair is currently completing its corrective waves. A bullish move is anticipated. However, a potential reversal and correction could occur around the key ABCDE correction point at 1.08221. Despite the possibility of a pullback at this level, shorting the pair may carry high risk. The broader outlook suggests that the bullish momentum is likely to continue beyond this correction point. Therefore, it's crucial to monitor price action closely and consider the overall bullish trend before making trading decisions.Longby BabakrUpdated 0