EU could go up againHi traders, EU went exactly like I've said in my outlook. And did you make some profit? Last week after CPI the pullback up was finished and this pair made the downmove to finish the E-leg. So next week we could see another upmove. Trade idea: Wait for a change in orderflow to bullish to trade longs after the finish of a correction down on a lower timeframe. If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveLongby EduwaveTrading1
What I see coming...What I see coming up is sells Here is why I say Soo.... The market is a clear over bearish trend, currently on intraday day time frames it's still bullish, and I am currently waiting for such a set up or something similar to execute my trades. What's the confirmation? Since I see that the market its at a value area (LH) I will wait to see the market to start printing bearish properties and continue until we get a new LL In the overall bearish trend. Use proper risk management let's do the most Shortby RamokaeloUpdated 16
EURUSD Buy (Close positions)Eurusd has failed to break upside. sell pressure is present, always use proper risk management when trading to limit high risk losses. OANDA:EURUSD FX:EURUSD FOREXCOM:EURUSD by PLETHORAFOREXINSTITUTE1
EUR/USD Euro Dollar rate forecast Target 0.815 (23.44%)EUR/USD Euro Dollar rate forecast T/S : Trend Trading B/S : Sell Breakdwon Entry : 1.065 Target : 0.815 (23.44%) Stop : 1.132 (-6.29%) Date : Jun 21, 2024 Note : Support 0.915, 0.849, 0.621Longby Ptrade1
EURUSD: Still limited below resistance zoneHello everyone, Brian here! Today, EURUSD remains locked in a downtrend, currently trading at 1.071 and hovering below the movement of two key EMAs. After this adjustment phase and testing the EMA 34 again for support, I anticipate a further decline to at least the 1.061 area. Happy trading, everyone! And don't forget to drop a like and a comment if you share my perspective.by Trader_BrianFXUpdated 2
EURUSD Uptrend Line Rejection At 1.07003 21.06.2024EURUSD 15min Chart: Uptrend line rejection at 1.07003, current rate at 1.07169. Bullish Scenario: If rejection holds, potential targets are 1.07305 and 1.07479. Bearish Scenario: If rejection fails, potential declines to 1.06977 and 1.06917. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby BDSwiss_Academy1
SELL EURUSDEURUSD is bearish on the 4H, Daily, and Weekly timeframes. EURUSD broke the correction uptrend channel last Friday at area 1.0850. Next target is to the lower channel of the downtrend at area 1.05. Shortby WaelHazUpdated 2
ITS TIME DECIDE The dollar edged higher on Thursday, hoisted by wider interest-rate differentials as other major economies start cutting rates ahead of the U.S. and parts of Europe face political turmoil. The dollar index DXY, which tracks the currency against six peers, was last up 0.2% at 105.45 after a volatile 10 days marked by mixed signals from the U.S. economy, while French political uncertainty has rocked European markets. Longby ElGatoTrade1
Bearish EURUSD looking for a bearish reaction here above asia highs to continue with the higher timeframe bearish sentiment as the dollar strength gains momentumShortby Zim_11
sentiment to the downward trendFX:EURUSD The structure of the euro trend against the US dollar in the four-hour time frame is bearish. In the short term, the price will be corrected, and in the medium term, the price will continue to fall. Waiting for the return of the price trend Support level: 1.071 1.068 1.066 1.065Shortby majidhossine1
Long EURUSDWe have a nice reject from the RB on 4 hour charts, good luck Entry, Profit and SL all showing in the chart Longby BunayyanUpdated 3
EURUSD ON 4H SET UPHi checkout for my analyze. EURUSD 4H SET UP SELL ZONE 1.09257 - 1.09426 TP1 1.07887 TP2 1.07351 TP3 1.06188 SL 1.09900 Thank youShortby substageraldine14636Updated 8
Euro steadies after market jitters subsideThe euro is steady on Monday. EUR/USD is trading at 1.0714 in the North American session, up 0.10% on the day. France’s financial markets took a tumble late last week, as investors are nervous about the snap parliamentary election at the end of June. There are fears that the extreme right could make strong gains, as was the case in the recent European Union parliamentary elections. The market turmoil led to a sell-off in France’s financial markets and the euro losing 1% over Thursday and Friday. ECB Chief Economist Philip Lane sought to reassure nervous investors and said on Monday that the ECB would not intervene since the recent market turmoil was “not disorderly”. Lane also said the ECB was confident that inflation would fall to the 2% target in 2025. Lane may have sounded optimistic, but the ECB was not happy with the June CPI release, which showed inflation accelerating in the preliminary estimate. Headline CPI rose from 2.4% in May to 2.6% in June and the core rate climbed to 2.9%, up from 2.7% in May. The final estimate, which will released on Tuesday, is expected to confirm the initial release. The markets expect one or two rate cuts before the end of the year, but higher inflation will complicate the ECB’s plans to lower interest rates. In the US, the UoM consumer sentiment index fell for a third successive month to 65.6 in June. This was down from 69.1 in May and shy of the market estimate of 72. Inflation expectations remained unchanged at 3.3%, another signal that inflation remains sticky and the Fed will have a tough time bringing inflation down to the 2% target. EUR/USD is testing resistance at 1.0709. Above, there is resistance at 1.0743 1.0666 and 1.0628 are the next support levelsby OANDA1
EURUSD Cutting-Edge Analysis? like a "loot button" ))))Hi guys. Let me share some thoughts on the prospects of the EURUSD pair Retail's been building up long positions and cutting short ones, which suggests a strong bearish sentiment (think "sell when everyone's buying"). The same bearish mood is lurking in the options market, where folks are aggressively trading "naked shorts" and combinations. However, we should note that volatility has spiked to this year's max—these bursts often trigger "stoppies" or short-term corrections, instead of following the main trend. Visually, the "longs" have been punished, and now the market's favoring the bears. Interestingly, the highest concentration of bears is after the close of a bearish candle—remember your tech analysis books, that's a "candle with a big body and almost no shadows"—a 100% trigger! I hope this summary increase your trading edge! Shortby ClashChartsTeam1
EURUSD : Short Trade , 4hHello traders, we want to check the EURUSD chart. After breaking the uptrend line, the price is moving in a downward trend and managed to break the specified support level with a strong downward movement. We expect the price of a pullback to hit the specified level and maintain its downward trend and fall to around the price of 1.06500. Good luck.Shortby mrAT_Trader1
EURUSDThis has already started and yes I do expect this one to complete to TP2 just like the others. Shortby elitetechfx-dailyUpdated 229
A little bot moreThe pair is heading to an important demand zone. I think next or the next after is going to start going up. I'll be waiting for price action in the daily timeframe.by ArturoLUpdated 1
Fundamental Market Analysis for June 21, 2024 EURUSDThe US Dollar (USD) remains resilient early Friday after rising against major rivals on Thursday. Later in the day, S&P Global will release preliminary reports on manufacturing and services PMIs for Germany, the UK, the eurozone and the US for June. Ahead of the weekend, market participants will also keep a close eye on May US existing home sales data and May Canadian retail sales data. EUR/USD returned to familiar technical levels on Thursday, falling towards 1.0700 after a miss in US economic data supported the dollar. Germany's Producer Price Index (PPI) fell to 0.0% month-on-month in May, down from the previous reading of 0.2% and missing the expected rise to 0.3%. On an annualized basis, the PPI was also below expectations, falling to -2.2% for the year ending in May. While the annualized figure improved from the previous reading of -3.3%, it still fell short of the projected recovery to -2.0%. The latest US initial jobless claims data came in above expectations: 238,000 people applied for unemployment benefits in the week ended June 14, up from the previous week's revised figure of 243,000. The increase also pushed the four-week average to 242,750 from the previous 227,250. The Philadelphia Fed's manufacturing sector business activity index for June fell to 1.3 from 4.5, falling short of the expected 5.0. In addition, U.S. housing starts in May fell to 1.277 million new units, down from the forecast of 1.37 million and the previous month's revised figure of 1.352 million. Trading recommendation: Trade predominantly with Sell orders from the current price level.Shortby Fresh-Forexcast20041
Euro scenario updateSince the bearish wave i is over, the second wave ii is correcting with ABCXABC And after the completion of wave ii, wave iii has a sharp drop by drneowave1
HTF counter bullish pullbackSupporting HTF bullish counter pullback, I was expecting bullish cont.in LTF so when the price takes out the initial Asian session buyers there is an imbalance candle to execute long.Longby fxtrends281
EURUSD Sideways Consolidation with Key Levels for TradingTimeframe : Weekly and 1-Hourly Charts Predicted Move: Sideways Consolidation with Specific Levels for Trading Opportunities Analysis : On the weekly chart, EURUSD is in a sideways consolidation phase and is currently at the bottom of this range. For precise entry points, I'll be closely monitoring the 1-hourly chart. Key Points: - Sideways Consolidation : EURUSD is consolidating within a defined range on the weekly chart. - Bottom of Range : Price is at the lower boundary of the consolidation, suggesting potential buying opportunities. Key Levels on 1-Hourly Chart: - Shorting Opportunity : 1.0739 is my preferred level for considering short positions. - Buying Opportunity : 1.0668 is my preferred level for considering long positions. Strategy: - Monitor Key Levels : Watch the price action around 1.0739 for shorting and 1.0668 for buying opportunities. - Confirmation : Look for confirmation signals on the 1-hourly chart before entering trades. Discussion: Potential for Parity: The question of whether EURUSD might hit parity again is intriguing. While the current consolidation phase doesn't indicate an immediate move to parity, significant macroeconomic events or shifts in market sentiment could drive the pair towards parity. It’s essential to stay updated on fundamental factors and market news that could impact EURUSD. Note: This analysis is based on my trading experience. Always conduct your own research and analysis before making any trading decisions. What’s your take on EURUSD? Do you see the potential for it to hit parity again? Share your thoughts!Shortby RaynLim1
Charts for next weekThe EUR/USD pair trades on a flat note around 1.0735 on Friday during the early Asian trading hours. The upside of the pair might be limited amid the uncertainty surrounding European parliamentary elections. Investors will take more cues from the ECB’s Christine Lagarde speech and the preliminary US Michigan Consumer Sentiment report for June. The European Parliament election revealed fault lines in several member states. In France, after a defeat by the far-right National Rally, President Emmanuel Macron has dissolved parliament and has called a snap election, risking a far-right rise in the country's parliament, according to the European Council on foreign relations website. by EZIO-FX1