waiting for more buys :)saw a break in the recent resistance, positioned my buys around 1.07050. now waiting around 1.07450Longby Triscaler0
EURUSDWe are going short on this pair. we wat for the pair to take out the previous momentum at 1.085 we have a Break of Market structure. waiting for 1.085 to go shortShortby itsGitauUpdated 3315
EURUSDOn Friday, our set up was affected by the CPI news, hoping to continue with the set up this week. we are going short, the whole of this weekShortby itsGitauUpdated 2233
EURUSDEURUSD has made a double bottom reversal and shown a divergence and likely to form HH's & HL's.Longby mhamzasaeedm0
buy positionthis is my idea about eur/usd buy with strategy for eur/usd Longby Hemmati_hosseinUpdated 0
EURUSD - Key Area. Will the rally fail?OANDA:EURUSD Completed a small Gartley pattern on Friday, now we look for a rally to see if it's going to fail around the 1.0853-1.0880 area. There are bigger TF patterns that take it a lot lower with the first one down below 1.0600 and larger pattern below 1.0300. A move above 1.0950 could send it towards 1.1100 and even 1.1300. That's why this week is so critical to where we head next. I will post the weekly AI to see if we can find a CIT Window. Enjoy the week. Shortby L_FUpdated 113
EURUSD Jun 17th 2024EURUSD will go down first on the demand area and then continue bullish towards the nearest supplyLongby agus2580
EUR - USD D1 update!EUR - USD D1 update! 2024*06*17 - POINT GOATS COMMUNITY - - Trade like Whales - - Focus on the process not the money - ''Focusing on the process rather than solely on the goal means shifting your attention and emphasis to the actions, efforts, and experiences involved in the journey toward achieving a desired outcome, rather than being fixated solely on the end result.'' by Pointgoat0
EURUSD - Crucial support area still holdingJust a short video on what I am looking at on the EURUSD. The support area that has held from Friday, still appears to be holding, are we going to see a move to the upside? or some continuation to the downside?03:37by StellarTradingFX0
change the trend According to the behavior of the price in the current support range, possible scenarios have been identified. The downtrend is expected to continue up to the specified Fibonacci levels. Then the trend change will be likelyLongby STPFOREX0
EURUSD InsightHello, subscribers! Please share your personal opinions in the comments. Don't forget to like and subscribe. On the 6th, the ECB lowered its benchmark interest rate for the first time in two years. Four of the G7 countries have now cut their rates, and the market is now focusing on the Federal Reserve. At the FOMC meeting held on the 11th and 12th, the Fed decided to keep the rates unchanged but hinted at a possible rate cut later this year through its dot plot. However, the fact that the US May Consumer Price Index fell short of both market expectations and the previous month's figures is raising hopes for a rate cut once again. - ECB President Lagarde will be delivering a speech on June 17. - Eurozone CPI and US May retail sales data will be released on June 18. - The UK's interest rate decision will be announced on June 20. EUR/USD formed a peak in the previously anticipated range of 1.09000-1.09200 and has since been declining, breaking down past the 1.07200 line. Further decline is expected, making this a potential point for secondary response. The current important task is to determine the bottom. The expected first bottom is at the 1.04500 line, and the second bottom is at the 1.02000 line. To summarize the expected movements: 1. Mid-term decline to the 1.04500 line followed by a long-term rise to the 1.08500 line. 2. Mid-to-long-term decline to the 1.02000 line followed by a long-term rise to the 1.08000 line. If the movement differs from expectations, I will quickly revise the strategy.Shortby shawntime_academy0
Fundamental Market Analysis for June 17, 2024 EURUSDEURUSD: The EUR and USD pair starts the new week on a subdued note and consolidates its recent strong losses to its lowest level since early May, around 1.06700-1.06650 reached on Friday. Spot prices are currently trading around 1.07000 and look likely to continue the downward trajectory seen over the past two weeks. The euro continues to be undermined by concerns that the snap election in France will worsen the financial situation in the Eurozone's second largest economy, amid the right-wing National Front party's lead in opinion polls. On Friday, French Finance Minister Bruno Le Maire said the country faces a financial crisis if the right or left wins because of its big spending plans. This, along with a modest rise in the US Dollar (USD), confirms a negative outlook for EUR/USD in the near term. The hawkish stance of the Federal Reserve (Fed) following its June meeting, whereby the median forecast calls for only one rate cut in 2024, continues to support rising US Treasury yields. In addition, ongoing geopolitical tensions in the Middle East are another factor supporting the safe-haven US dollar, indicating that the path of least resistance for EUR/USD lies to the downside. Meanwhile, signs of easing inflationary pressures in the US keep the door open for the Fed's first interest rate cut in September. The bets were bolstered by US data released on Friday, which showed that import prices unexpectedly fell in May, further strengthening the outlook for domestic inflation. In addition, a University of Michigan survey showed that US consumer sentiment deteriorated sharply in June, which in turn may deter dollar bulls from aggressive bets and help limit EUR/USD losses. No important economic data will be released from the US on Monday, so spot prices will remain at the mercy of the dollar. Trading recommendation: Trade predominantly with Sell orders from the current price levelShortby Fresh-Forexcast20040
EURUSD Trading Journal EURUSD Trading Journal On the Weekly TF price continued delivering to a discount market. Monday and Tuesday Price was seeking lower prices that I anticipated and took out sell stops target from May 9. Happy to see on Wednesday Price rally to the Daily SIBI to rebalance as I suspected it to be a likely liquidity target. Wicking through to the mean threshold. Thursday Price was an immediate reversal from Wednesday range impacted by the news drivers. Friday Price again did seek a sell stop target for the win. Large range week with the economic news drivers. Wednesday AM during New York Session created the high and Friday AM New York session creating the low for the week. by LParnell0
BEARISH MOVEMENT ON THE MAKINGFX:EURUSD This might be a good bearish movement in the making, as it has broken previous uptrend and making the move to retest and keep falling...Shortby GutierrezJulio0
Counter Pullback & Continuation: Trading the Recent Supply ZoneIn this trade idea, I plan to execute a counter-pullback strategy followed by a continuation move once the price reaches the recent supply zone. I'll look for bearish signals to enter a short position, manage risk with a stop-loss above the zone, and target profit levels at previous support points. This approach aims to capitalize on expected selling pressure and downward momentum.by fxtrends280
#EURUSD - 17062024I was bearish EURUSD on Friday and we got a nice 60pips sell down without pullback, hitting our price target at 1.0680 before rebounding. Weekly price is bearish, indicating further downside this week but near term price action indicate possible up first. Looking for a possible move re-test and rejection off 1.0740 for a move down to 1.0628. Daily close below 1.0628 could see further downside to 1.0563. Conversely, a break below 1.0700 and re-test and rejection off the level is another short setup for the move lower.by FadeMeIfYouCan0
Short BUY for Eurusd on MondayWe might see a little short buy on Eurusd during the London session tommorow .. From the price of 1.06900 ,a bullish move might begin and get exhausted possibly at the price of 1.07500.Longby Joshforexx0
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
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
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