EURUSD WILL FALL SELLManage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB115
EURUSD: Very Risky LONG ScenarioEURUSD: Very Risky LONG Scenario Today we have the US GDP data and this is also the focus of the market for today. Another speculation that is happening is related to the EUR CPI preliminary data tomorrow and the US PCE data. Both very important figures as the market will interpret what the central banks may decide to do next. Technical analysis: EURUSD is showing some kind of expansionary pattern in one of its boundaries. The support zone is clear and proved to be strong in the past. It is likely to push the EURUSD back up. The problem is only the speculation at this moment. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 5538
EUR/USD possible short scenario(5/31/2024)We've detected an impulse pattern for EUR/USD. for confirmation, we need to see the price breaks below the correction line(red line). Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)Shortby fortunamarkets117
EUR USD PRICE - WEEK END BUY MODE ON EUR USD, here we can see that price balanced the liquidity at support zone, now price has to break the down trend line, after making retest, make a long entry to the marked price line as shown in the picture, follow for more live updates....nd boost my contents thank you...Longby FOREX_TRADER_007Updated 4410
HelenP. I Euro can correct to support level and continue to riseHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time traded near support 2, which coincided with the support zone and then rebounded down to the trend line. After this movement, the Euro turned around and in a short time rose from the trend line to support 2, broke this level and made retest. Then the price made movement up, after which made a correction to support 2 and then continued to grow. Euro reached support 1, which coincided with the resistance zone, broke this level and some time traded higher even the resistance zone. Later EUR fell to the trend line, which rebounded and backed up at once, but soon it turned around and made an impulse down, thereby breaking support 1 with the trend line too. After this move, the price turned around and in a short time rose to the resistance zone, breaking support 1 one more time, and just now it continues to trades in the resistance area. For this case, I expect that EURUSD will make the little move down to the support level and then rebound up to the trend line. Then, the price can break this line and continue to grow, therefore I set my goal at 1.0915 points. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelen5515
After fake breakout of support level, Euro can continue to growHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support level and made an upward movement, after which turned around and started to decline inside the downward channel. In the channel, the price declined to the 1.0805 support level, which coincided with the support area, and soon broke this level and fell to the support line of the channel. Then, the Euro rebounded up and rose to the channel's resistance line, breaking the support level again, and even soon price exited from the downward channel and continued to grow. But later, the price turned around and made a downward impulse to 1.0600 points, breaking the support level one more time, and then the Euro started to rise inside an upward wedge. In a wedge, EUR in a short time rose to the 1.0805 level, broke it, and rose to the resistance line of the wedge, after which turned around and fell to the support area. But not a long time ago EUR bounced up from the support area, making a fake breakout of the support level and now, in my opinion, the price can make retest of the support level, after the fake breakout. Then price will continue to move up to the resistance line of the wedge. For this case, I set my target at 1.0910 points. Please share this idea with your friends and click Boost 🚀 Longby LegionQ8Updated 3319
Backtesting with ictThis is not a financial advise it's for educational purpose only. Like and follow me for more 🥰20:00by DigitalWealthTrad1
EURUSD Is Very Bullish! Long! Here is our detailed technical review for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.084. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.098 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider112
EURUSD, short to 1.0798 after bulls accumulate.Hi friend. Euro take a pause in growth. We have big volume of bulls accumulate in zone between 1.0790 - 1.0829. So my opinion falling to 1.0798 and maybe lower... Support me. And your opinion intresting for me. Thanks.Shortby JinFlarkUpdated 12
EUR/USD (euro-dollar): a multi-timeframe view (W & D)Initially, looking at the Weekly-timeframe chart on the left-hand side of the screen, it could be inferred that the price has been unable to break below the major key zone of 1.072 and, ever since, it has been impulsing in the upside destination. Judging by the ongoing build-up, the bullish wave does not show any signs of stoppage and is continuing to move in the upward direction after having broken out of the descending trend-line highlighted on the chart. Zooming into the Daily timeframe, the zone-to-zone movement of the price could be clearly noticed. Thus, holding on to our bullish sentiment, we are executing long positions with the stop-out order below the ongoing build-up and the target level set at key level identified on the Weekly timeframe.Longby Investroy3
EURUSD BEARISH NOW Hey there on 1hTF the EURUSD have looking for move upside on CPI news And now can be drop down from 1.0800 So will first reach and can be quick drop from there point Shortby DvsTraderfirm2
Short-term bullish outlookFX:EURUSD The price of the euro against the US dollar is in the condition of price correction. In the short term, after the correction is over, the price will continue to rise First support: 1.08062 First resistance: 1.08860 Second resistance: 1.09252 Third resistance: 1.09658Longby majidhossineUpdated 225
Divergence - asset price directionDivergence is the discrepancy between the direction of an asset's price and the readings of an indicator. There are three types of divergences: classical, extended, and hidden. The first two can be used to gauge market sentiment and to trade in the opposite direction. Hidden divergence, however, is more significant and can serve as a powerful supplementary factor in determining the price direction and opening positions. The use of extended divergence is not necessary, as it rarely occurs and forms at equal highs or lows. In such cases, an indicator is not needed to gauge market sentiment; the chart itself will suffice. Classical Divergence Classical divergence indicates a potential trend reversal or the beginning of a correction. Bullish classical divergence is identified when a lower low (LL) forms on the chart while a higher low (HL) appears on the indicator. The masses buy when classical bullish divergence appears, anticipating significant growth. An upward price movement may begin, but after short-term liquidity for buying is exhausted and the price rebalances, a reversal will occur, and the decline will continue. Long positions opened during the correction will become unprofitable. In a bear market, classical bullish divergence typically appears before the start of a correction. Bearish classical divergence is identified when a higher high (HH) forms on the chart while a lower high (LH) appears on the indicator. The masses sell when classical bearish divergence appears, expecting a significant decline. A downward price movement may begin, but after short-term liquidity for selling is exhausted and the price rebalances, a reversal will occur, and the growth will continue. Short positions opened during the correction will become unprofitable. In a bull market, classical bearish divergence typically appears before the start of a correction. The formation of multiple divergences is common. The masses will seize every opportunity to open their positions, leading to unprofitable outcomes. The number of divergences before the start of a correction is not limited. It is recommended to wait for the price to react after reaching the resistance zone. In the example above, the correction began after partially filling the imbalance on the 1D timeframe within the imbalance on the 1W timeframe. Hidden Divergence Hidden divergence serves as a confirmation of trend continuation. Bullish hidden divergence is identified when a higher low (HL) forms on the chart and a lower low (LL) appears on the indicator. In an uptrend, hidden bullish divergence may form before the continuation of growth, acting as a strong supplementary factor in determining the future price direction and considering positions. Bearish hidden divergence is identified when a lower high (LH) forms on the chart and a higher high (HH) appears on the indicator. In a downtrend, hidden bearish divergence may form before the continuation of the decline, acting as a strong supplementary factor in determining the future price direction and considering positions. Notes - The RSI (Relative Strength Index) indicator is used to identify divergences. - RSI is plotted without considering candle shadows. - Divergence should be viewed as an additional factor to your analysis, not a standalone tool. - Divergence below the chart will always be bullish, while divergence above the chart will always be bearish.Educationby truepersonal2
EUR/USD BULLS ARE STRONG HERE|LONG Hello,Friends! EUR/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.087 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 114
EURUSD: Still in the downtrend!Sure, here is the revised version in English: Hello everyone, today the EUR/USD remains in a downtrend. Despite a brief recovery yesterday, the pair continues to head towards the 1.0800 level in the early trading hours of the final session of the week. The outlook still favors sellers as EUR/USD remains below several key resistance levels and follows the descending trendline. Additionally, with the increasing likelihood that the European Central Bank (ECB) will cut interest rates before the Federal Reserve (Fed), the potential for the EUR/USD to weaken further in the medium term should be considered. by Trader_BrianFXUpdated 334
EUR/USD Trading Analysis and RecommendationSell Opportunity: The EUR/USD currency pair presents an enticing sell opportunity at the current price of 1.08280, with favorable potential for profit. Targets: Primary Target: 1.07920 Secondary Target: 1.07268 Breakout Scenario: In the event of a breach above the resistance level of 1.08900, indicative of a bullish breakout, the target price is anticipated to ascend towards 1.09768. Technical analysis indicates a notable selling sentiment prevailing in the market at the present price level. Fundamental factors align with the proposed sell strategy, suggesting downward pressure on the EUR/USD pair. Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements. Disclaimer: This analysis is provided based on current market conditions and historical price data. Traders are advised to conduct independent research and exercise caution, employing appropriate risk management techniques, before executing any trading decisions.Shortby GODOCM4
Assumed channel in 4HHello friends. According to the drawn channel, I expect a correction towards the midline range. what is your opinion? Good luck. # Let's look simplyLongby HippoTradingUpdated 16
Pullback and the continuation...Hello friends. According to the drawn lines and the reaction we had, I expect to rise up to the specified range. what is your opinion? Good luck. # Let's look simplyLongby HippoTrading3
EURUSD long moveWe are looking out for a breakout on our resistance level then we go long on this trade. Longby OCBE-FX3
Lingrid | EURUSD trend SHIFTThe price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently retracing towards the resistance zone after its recent breakout from the range zone. On the 1H timeframe, the market has been correcting its downward trend, indicating a potential pause in the bearish momentum. With high-impact news today, I expect the market to continue moving sideways, then potentially move downwards after retesting the range zone. If the EURUSD fails to breach the resistance zone around 1.08100-1.08200, we can anticipate a rebound from this level. My goal is the support level of around 1.07480 Traders, if yTraders, if you liked this idea or if you have your own opinion about it, write in the comments. Shortby LingridUpdated 6627
uptrend If the price changes in the current support range, it will be possible to start the upward trend up to the specified resistance range. Then, according to the behavior of the price in the resistance range, possible scenarios have been determinedLongby STPFOREX4