EURUSDEuroUSD 1 hour time frame We can enter a long position with capital management when the price reaches our areaLongby m0neyminer1
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 → The currency pair may lose up to 2.5% ↓FX:EURUSD is testing the 1.0884 resistance again after breaking the local channel. But it does not lead to success, as the bears are not letting the price up yet amid the complex fundamental environment. Technically, the currency pair is under a strong resistance zone. The limit level of 1.0884, formed by a big seller, continues to have a negative impact on the price. EURUSD may test 1.0802 in the near future. It is necessary to monitor the price reaction to this area. A quick retest or consolidation could be a prerequisite for a downside breakout and further fall to the lower boundary of the global range at 1.0606 Resistance levels: 1.0884, 1.0942 Support levels: 1.0802, 1.0736 I expect that the bears will continue to dominate the market on the background of the expensive dollar, which may lead to the fact that the currency pair may lose up to 2.0-2.5% of its value. Regards R. Linda!Shortby RLindaUpdated 7762
EURUSD Trendline Breakout Ready for a Long BullHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD 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 ChartsLongby ForexMasters20004
EUR USD PRICE - WAITING FOR BREAKOUT EUR USD - here we can see that price cleared the liquidity at support zone, now price move to up ward direction, make a long entry after breakout nd retest as shown , follow for more live updates...Longby FOREX_TRADER_0072
EURUSDEURUSD price is in the support zone 1.07230 if the price cannot break through. It is expected that in the short term there will be an opportunity to rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324444
EURUSD SELL SETUP!t¥This setup is self-explanatory. price action is below the ema, weekly trendline respected, and there was a nice rejection on the fib sequence in h1 and h4. Please ensure proper risk management!Shortby ShinForex1Updated 4
EURUSD FORECAST Q2 24: DOLLA HOPPERWith yesterdays inflation report indicating a moderate increase in prices taking (by taking somewhat of a pause) some sectors like food,& shelter however experienced large price increases, hence we can see that inflation is still persisting. exprets predict no cuts in june for interest rates slowing economic growth, higher inflation erodes purchasing power. Im expecting a bearish impulse continuation for a downtrending market I placed a series of zig zags cause i expect my trend might just continue back higher at one of these points cause its not looking too good (my confluence then will be a simple gator cross) all in all its showing some sort of progress which is enough for these darn markets to push it down but when logic kicks in it might continue to push higher Shortby Bekiumuzi_DubeUpdated 557
Will your bet fail ? EURUSD The European Central Bank and Bank of Canada have begun cutting rates while the Federal Reserve holds steady.Shortby Super_B_XinR2
Social Media - and its danger!Social Media... the part of the Internet that is very dangerous when it comes to promises, money, and wealth. We've all seen it: on social media, you can supposedly make millions in under 15 minutes. Pictures with a Lamborghini and a TradingView chart above it... Let's go through some thoughts new traders may not be aware of and how to look at them with a critical mind! (🚩 -> Red Flag) 📍 MetaTrader / Think or Swim / NinjaTrader / cTrader 📍 There are more, but let's focus on the more popular ones. Pictures of winning trades are useless when it comes to trading. Trading is done over years in a consistent manner, not over a few trades. Pictures of MT5, NT, or any other platform can easily be faked. You can set up your own little server for MetaTrader, play it out, and you have your fake trades. 📍 Fancy Cars / Travels / Houses 📍 Showing a fancy lifestyle is another big 🚩. All those people with fancy cars have leased or rented them for the image of being successful. It's to lure you in with false promises! (Although trading can be very fulfilling if you are willing to put in the work!) 📍 New Setup Every Few Weeks 📍 If a channel has a new setup every few weeks, this is only made for scamming new traders, not to have a setup that works. (Think about it, if you have a setup that works, why would you change?) Explore their profile, look for this pattern, and sometimes you will find it. Simple step :) 📍 Selling Courses / Mentorship 📍 You can learn all of trading for free. TradingView has a very nice paper trading feature that you can use and a very unique ideas section where you can find all the information you need! Here we come to a golden rule when it comes to starting trading: NEVER buy a course or mentorship. Never! You don't need it! (And also, TradingView's paper trading is free!) 📍 Very Basic Information Available Only 📍 Trading is hard; trading needs a lot of concepts fitting together like RR-System, Money Management, Multi-Timeframe Analysis. If you see a social media post with 1 chart with some boxes and another picture with a money screenshot, this is 100% fake. You need A LOT more than 1 chart and a lot more knowledge than you can ever show on even 3 charts. 📍 AI 📍 Oh, we all love AI, but I'm afraid that AI is not in the picture (yet). Pine can't code it, and the current state of "AI" is a "guessing" game. (AI just guesses what comes next, in the form of vectors... it's extremely complex, but it doesn't exist in trading.) 📍 Indicators 📍 Indicators are a very nice thing to have AFTER you have your strategy down, not before. There is no indicator that works on its own; you plug it in and it makes money... that doesn't exist! (Think about it critically: if that existed, why wouldn't we solve world hunger?) 📍 Typical Selling Point Sentences 📍 "Learn trading in 15 minutes" or "This is all you need" or "Only trade for 10 minutes a day" are the typical scam titles that you see, and with those, you know 100% they are fake. Trading is not done in 15 minutes, trading is hard work, and trading takes a long time to learn. There are no shortcuts. 📍 Things You Can Ask Them 📍 Typically speaking, they will not answer any of these questions because they can't. Like "How do you calculate your position size with your current RR setup?" This means they studied this, and you can be sure they didn't :) Or "How does leverage exactly work?" and like 99.99% of the YouTubers got it wrong. But a very nice thing to ask is a simple "Can I have a broker statement of your account?" and boom, they are gone. 🏆 Golden Rules 🏆 Never buy anything (you can learn 100% everything for free). Ask critical questions and follow up on them. Trading is hard; there is no 15-minute setup. Trading can't be 100% automated.Educationby Swiss_Traders6
EUR/USD Faces Pressure Amid Strong USD and Risk-AversionThe EUR/USD pair started the new week with a bearish gap, falling to its weakest level in a month below 1.0750. Despite technical indicators on the H4 timeframe suggesting oversold conditions, the Euro might struggle to stage a significant rebound given the current risk-averse market environment. Market Overview The US Dollar (USD) has gained strength following a robust jobs report last Friday, which forced EUR/USD to erase its weekly gains. Nonfarm Payrolls in the US rose by 272,000 in May, significantly surpassing the market expectation of 185,000 and April's increase of 165,000. This better-than-expected job growth has bolstered the USD, adding downward pressure on the EUR/USD pair. Technical Analysis 1. Oversold Conditions: The RSI indicator on the H4 timeframe points to oversold conditions, suggesting that the Euro might be due for a rebound. However, the current market sentiment is not supportive of a strong recovery. 2. Price Gap: The EUR/USD left a price gap between the 1.0780 and 1.0800 area. Market participants typically fill these gaps, indicating a potential upward movement to this range in the near term. 3. Fibonacci and RSI Divergence: The current price level is within a potential reversal zone based on Fibonacci retracement levels. Additionally, the RSI shows a divergence, which could signal a forthcoming bullish correction. Short-Term Outlook Despite the bearish sentiment, our outlook for EUR/USD is cautiously optimistic in the short term due to the technical indicators. With no significant economic news expected until Wednesday, the pair may experience low volatility, allowing for potential consolidation or a mild recovery. The key area to watch is the price gap at 1.0780-1.0800, which might be filled soon. Trading Strategy Given the current setup, a long position could be considered around the current levels. The oversold RSI and the price gap provide a basis for expecting a short-term reversal. Traders should monitor the 1.0780-1.0800 area closely, as filling this gap could offer a decent opportunity for gains. However, it's crucial to remain cautious and use appropriate risk management strategies, as the overall market sentiment remains risk-averse, and the strong USD could continue to exert pressure on the Euro. Longby FOREXN1Updated 5514
EUR/USD Follows Bullish Path Post-CPI; Buy Limit Strategy FocusEUR/USD experienced a significant upward movement on Wednesday, driven by an overall increase in market risk appetite following the release of a cooler-than-expected US Consumer Price Index (CPI) inflation report. This positive sentiment was initially bolstered as the lower inflation figures suggested a potential easing of pressure on the Federal Reserve to raise interest rates aggressively. However, the enthusiasm was tempered later in the day due to the Federal Reserve’s hawkish stance reflected in its latest update to the dot plot of interest rate expectations. This update indicated a possibility of more rate hikes in the future than previously anticipated, which crimped market sentiment. From a technical standpoint, the price action adhered closely to our earlier analysis. The EUR/USD pair achieved all the take-profit targets we had established beforehand. Post-FOMC meeting, the price action retraced the gains from the CPI-induced bullish impulse, creating a gap in the market. This gap, left by the rapid price movement following the CPI release, typically attracts market participants looking to "fill" it, as prices often return to these levels to establish more balanced trading conditions. Given the current scenario, we are contemplating a strategic approach involving a potential buy limit order. This approach is based on the expectation that the price will return to cover the unfilled gap left by the CPI announcement. The buy limit order would allow us to enter the market at a more advantageous price point, capitalizing on the anticipated retracement. Additionally, the broader economic context and market sentiment will be closely monitored to adjust our strategy as needed, ensuring that our trading decisions are well-informed and responsive to ongoing developments. In conclusion, while the EUR/USD pair has shown resilience and upward momentum, the mixed signals from recent economic data and Fed communications warrant a cautious yet opportunistic approach. By setting a buy limit order, we aim to leverage the expected price correction, positioning ourselves to benefit from subsequent bullish movements.Longby FOREXN1116
EUR/USD Mowing Upwards#market_pulse #currencies ☕️ Hello everyone! Here’s your essential market update for today: Dollar dented by cooler US inflation, yen fragile ahead of BOJ ▫️ Euro (EUR): The euro advanced 0.6% overnight, punching above its 200-day moving average to last buy $1.0804. ▫️ Australian Dollar (AUD): The Aussie dollar was at $0.6647, after rising above $0.67 overnight. ▫️ New Zealand Dollar (NZD): The New Zealand dollar leapt to a five-month high above $0.62 before settling at $0.6170. ▫️ Japanese Yen (JPY): The yen was down by about 0.2%, trading at 157.08 to the dollar, ahead of the Bank of Japan meeting. The yen remains vulnerable as expectations grow for an announcement on bond purchases. ▫️ Pound Sterling (GBP): Sterling rose 0.5% overnight to $1.2798 but was slightly lower as European markets opened. ▫️ Chinese Yuan (CNY): China’s yuan was steady at 7.2660 in offshore trade, gaining slightly on the dollar overnight. 🏂 Market Dynamics: Gains in major currencies were more substantial immediately after the U.S. inflation report showed flat consumer prices in May against market expectations of a 0.1% rise. The Federal Reserve left the funds rate on hold at 5.25-5.5% with projections for fewer rate cuts this year, impacting the dollar. Despite the Fed's stance, markets still price in nearly two 25-basis-point rate cuts this year. 🔍 Key Insights: Fed Chair Jerome Powell emphasized sensitivity to economic data, with projections for rate cuts possibly in 2025 or 2026. The yen struggles against downward momentum due to the significant gap between near-zero Japanese rates and higher U.S. rates. Market expectations for the BOJ's policy meeting include potential adjustments to bond purchases, leaving the yen susceptible to disappointment if changes fall short. 👋 Stay tuned for more updates and happy trading! 💵💵💵 GET $20,000 JUST FOR $99 *** PERFECT20 (promo code)Longby sabiotrade1
EUR/USDEUR/USD price Mitigated Daily Premium / D FVG, reacted from M.O. also from Institutinal Level 1.08500 that is just my prediction for todays PPI NewsShortby andy4444_2
EURUSD: Bullish Forecast & Bullish Scenario The recent price action on the EURUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals225
Continue the corrective The price is expected to fluctuate in the current support range, then a continuation of the downward trend is likely after crossing the support range. If the price stabilizes above the support range, the upward trend will be possible up to the resistance levels Shortby STPFOREX222
EURUSD Bullish ScenarioA well-calculated risk-reward ratio is essential for achieving success in trading. The signals indicated in the chart align with the bullish scenario discussed in the previous post. In this scenario, we assume that the wxy correction has concluded and an impulse wave 1 has already formed. Importantly, wave 2 should not exceed the height of wave 1, unlike wave B, which can surpass wave A. While the probability of success might be low, the setup appears to be a viable opportunity worth considering. Are you interested in exploring this potential trade? Best of luck!Longby edoyuwon1909Updated 443
EUR/USD Long ideaIn this trade idea, we are focusing on the EUR/USD pair with an hourly chart analysis. The price has been oscillating within a defined range, with key levels of interest highlighted for potential trade setups. Key Levels: Resistance Area: 1.07912 - 1.08486 Support Area: 1.07002 - 1.07325 Current Price: 1.07411 Analysis: The chart shows a recent rejection from the resistance area, leading to a downward movement toward the support zone. There are clear indications of a potential bounce from the support area, offering a possible long entry at 1.0725 Trade Setups: Long Setup: Entry: Around 1.07250 - 1.07200 Target: 1.07500(first target), 1.0800 (second target) Stop Loss: 1.07002Longby mohamedazizlanouarUpdated 6
Eurusd Next Move Hi Now I Am Monitering Eurusd Chart For Next Move Eurusd Below Blue Trend After Breakout Next Targets Red Lines Possible Note Its Not Signal After Confirmation Signal Wil Be Available Dont Miss this Opportunity After Break Blue Trend Line Stay tuned For More Updatesby wiqi4uUpdated 19
EURUSD again finding support at our trendlinesIdea No : 11 9 out of 10 previous ideas were successful with 1 still running, let's talk about 11th these trendlines looks very solid for this pair and probability is very high that we see a rebound from here again this is a short term setup and could give results soonLongby myself4671
EUR/USD 2H-scenarioWe have predicted the path of the image for the Euro But if the price breaks 1.07231, this scenario will be canceledby drneowaveUpdated 226
EUR/USD ShortEUR/USD is on my resistance area, my main strategy is support and resistance, i took a short trade, i think that EUR/USD will go down to my support areaShortby Vanea_3
EUR USD - GET READY TRADERS TO FLY UP SIDE EUR USD - HERE we can see that price created a imbalance area nd fvg area, we got an gap too today before price going down side, price will clear the liquidity at up side, make a long entry as shown, follow for more live updates...Longby FOREX_TRADER_007Updated 229