check the trend It is expected that the price will change the trend in the specified resistance range and continue the downward trend. If the price stabilizes above the 100% level, the downward trend will be canceledby STPFOREX1
#EURUSD - 12062024I was bearish EURUSD yesterday but was wrong that the gap would be closed. EURUSD practically made a fake up and failed, selling down from strong level to level, 1.0762 to 1.0723 before rebounding mid way. Daily price action continue to be bearish but it is at the extreme of the Bollinger Band thus any up move could be violent. Weekly wise, as mentioned, I am looking for further downside which we got for the past few days. Anything can happen, especially with CPI and FOMC today (though many see it as a non-event), but TBH I do not see the weekly candle closing green. But how that would play out might be tricky; it mean that market could go up first (that would be on CPI), then sell down again (that would on FOMC), or it could be up today and down tomorrow. Intraday levels can be used to trade accordingly; for example, price is at PZ now, which could be used to trade the move lower from here and 1.0722 strong level and also yesterday’s low for possible bounce etc. On the higher timeframe, I would be looking at 1.0796 (same level as yesterday) for possible rejection for the move lower to 1.0700 and 1.0662. If however, EURUSD continue its down move and 1.0700 trade first, I would look for long opportunities for a move to close the gap at 1.0796 before possibly further downside.by FadeMeIfYouCan0
EURUSD Buy to a sellthis can happen today or sometime this week. But i see a manipulation down, to go up and close Internal Range Liquidity (IRL), then sell off the week to External Range Liquidity (ERL).by OutlierTrading1
CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 1.0887 to 1.0897. Additionally, one low-risk buy zone between 1.0688 and 1.0681, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 1.0887 to 1.0897, serving as a low-risk sell. Important Demand Zone🟢: Identified between 1.0688 and 1.0681, serving as a low-risk buy. Bullish Targets📈: 1.0730: Possible retracement area. 1.0760: Possible retracement area. 1.0790: Possible retracement area. 1.0860: Possible retracement area. 1.0890: Significant supply zone. Ultimate Target: 1.0915- Liquidity area. Bearish Targets📉: 1.0860: Possible retracement area. 1.0790: Possible retracement area. 1.0760: Possible retracement area 1.0685: Essential Demand Zone Ultimate Target: 1.0680- Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by TTradessss5
EURUSD LONG IDEAI'm expecting Eurusd to be bullish after that bearish move based on a number of factors: 1. There was a gap to the downside. 2. SSL taken out. 3. Imbalance to be filled. Happy trading :-) Longby Hildahgitonga3
EURUSD SELL | Idea Trading Analysis#EURUSD moving higher as it tests the strong resistance level. The price has reached the resistance level.. The chart is moving from the upper boundary of the channel. We expect the correction to continue.. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝Shortby TheGroveUpdated 115
EURUSD : PRESSURED BY ECONOMIC AND POLITICAL UNCERTAINTY- The market has been trading above a bullish trendline since mid-Arpil ; the mid-term trend was then bullish. - During the last few trading sessions, the pair has been put under significant pressure as prices registered a sharp pull-back from 1.0916 to 1.0720 currently. This sell-off led the market to a bearish break-out of its mid-term bullish trendline, invalidating the mid-term bullish trend. This sudden move can be explained by two factors : 1) An increased appetite for the USD currency, taking place ahead of key US CPI data and an FOMC decision on rate, both due tomorrow. 2) Rising political uncertainty in Europe after far-right movements in Germany, France, Italy and Austria secured much more seats than expected in EU parliament during last Sunday's elections. - This is seen as a bearish situation for the pair. The mid-term bullish trend is now officially invalidated and the market's inability to bounce back highlights the fact that sellers are in control. Next support zones can be located towards 1.0720, 1.0667 before the crucial 1.0600 level. However, we expect the market to remain volatile as investors brace for tomorrow's key macro data from the US. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. by ActivTrades3
EURUSD longs currently tricking sellers will trick, and then up nicely for gap fillage, may hit demand below as well Longby Denver_estabrooks116
EUR/USD Short Opportunity: Riding Downside MomentumThe EUR/USD pair is poised for a potential downside move as key technical and fundamental factors align. Here's my analysis: Target Projection: With a clear break of 1.06, the EUR/USD could aim to take out the previous year's low, currently at 1.0450, and head straight for the level of 1.0377. This breakdown suggests that sellers are gaining control and may drive the pair lower. This downside target aligns with the bearish momentum and could be achieved by the end of May or leading into June. Due to possible Eurozone interest rate cuts. Short Positions: I've initiated short positions at 1.0802 and 1.0720 , anticipating the downward move. These positions provide an opportunity to capitalize on the expected decline in the EUR/USD pair. Rising US Bond Yields: The forecasted rapid increase in US bond yields adds further pressure on the EUR/USD pair. Higher yields attract capital flows into the US dollar, strengthening it against other currencies, including the euro. Potential Interest Rate Hikes: Concerns over rising inflation data could prompt the Federal Reserve to consider interest rate hikes later in the year. Such actions would likely support the US dollar and weigh on the EUR/USD exchange rate. Entry: Consider adding to short positions on any retracements towards resistance levels, but maintain a focus on the downside bias. Stop Loss: Set a stop loss above the recent swing high, 1.0813, or a key resistance level to manage risk effectively. Take Profit: Target the projected downside level of 1.0377, but consider adjusting the target based on evolving market conditions and price action.Shortby mackmackeyyUpdated 11
EUR/USD Buy Idea.EURUSD perfectly gave sell side move of 70 pips which I published over the weekend, now its on good demand area to have buys of around 45-60 pips range. Do remember to follow my account and do have a look into my ideas which I am publishing, I am sure my ideas will add some value into your trading.Longby HamzaGillani6
Euro is approaching the range of increased demand Examining the trend in the one-hour time frame, EUR/USD has formed a BULLISH CRAB harmonic pattern, and therefore, on condition of maintaining and not recording any one-hour candle close below the important support interval in the range of 1.0725-1.0709 , can rise to the 61.8% Fibo resistance at $1.0837.Longby arongroups7
EUR/USD Chart Analysis with Gap ConsiderationEUR/USD 4-Hour and 1D Chart Analysis with Gap Consideration Trend Analysis: - The 4-hour chart shows a clear downtrend, with lower highs and lower lows, indicating persistent bearish momentum. - The recent price action has been moving downward, suggesting continued selling pressure. Gap Analysis: - The chart indicates a potential gap in the price action, which typically occurs when there is a significant price movement between trading sessions. - Gaps often act as strong support or resistance levels, and prices tend to move back to "fill" the gap over time. Support and Resistance Levels: - Immediate Support Level: 1.0730, which is close to the current price and could provide some short-term support. - Next Support Level: 1.0700, which is a psychological level and has acted as support in the past. - Immediate Resistance Level: 1.0800, which is a recent high and could act as a barrier to upward movement. - Next Resistance Level: 1.0850, which is another key resistance level that was previously support. Technical Indicators: - The bearish candlesticks suggest continued downward pressure. - There are no immediate signs of a reversal in the price action, indicating that the downtrend may continue. Direction Preference: Given the current bearish trend and the lack of reversal signals, the preferred direction for EUR/USD FX:EURUSD in the short term is bearish. The price is likely to continue moving lower towards the support levels of 1.0730 and 1.0700. Gap Consideration: - If there is a gap in the price action, watch for a potential move to fill the gap. This could temporarily reverse the trend, but the overall bearish momentum suggests that the gap may not hold for long. - Monitor the price action closely if it approaches the gap area. A fill of the gap followed by continued bearish momentum could provide a good shorting opportunity. Conclusion: The EUR/USD 4-hour chart indicates a bearish trend with continued downward momentum. It is advisable to consider short positions, targeting the support levels at 1.0730 and 1.0700. However, keep an eye on any gaps in the price action as they may provide short-term support or resistance and a potential reversal area. The bearish trend remains the preferred direction, but gaps should be closely monitored for any significant impact on the price movement.Shortby SroshMayi6
Euro can rebound up from buyer zone to 1.0800 pointsHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to grow inside the upward channel, where it first declined to the support line and then rebounded higher than the support level, which coincided with the buyer zone, breaking it. Then the Euro reached the resistance line of the channel, after which made a correction movement to the support level and then continued to grow inside the channel. Later price reached a resistance level, which coincided with the resistance line of the channel with the seller zone, but at once turned around and fell to the support line of the upward channel. Soon, the Euro exited from the upward channel and fell to 1.0785 points, after which started to grow near the support line to the 1.0890 resistance level and even entered to seller zone. But later price turned around and made a strong impulse down to the 1.0725 support level, breaking the support line and also making recently gap. Now, the EUR trades near the support level, and I think that price can fall to the buyer zone, after which rebound up from this area. For this case, I set my target at 1.0800 points. Please share this idea with your friends and click Boost 🚀 Longby LegionQ84419
Trading Signal For EURUSD Trading Setup: There is a Trading Signal to Sell in EURUSD Forex Signal (1h)Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0759 ⭕️SL@ 1.0786 🔵TP1@ 1.0666 🔵TP2@ 1.0624 🔵TP3@ 1.0581 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .Shortby pullbacksignal4
EURUSD LookoutWe have a little pattern formation that suggests we might be heading down. This aa very enthusiastic trade, if you can please trade responsibly.Shortby kealebogamoyo3Updated 9
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 reaching for 161% extension 11 June: Intraday Update: The EURUSD remains very heavy and bounces are shallow. A fresh trend low may test the 1.0710 level which is the 161% extension of the last upmove. Intraday RSI's will probably be divergent which may allow for shorts to cover (or fresh longs) ahead of tomorrow's CPI and FOMC.by ForexAnalytixPipczar2
EURUSD Daily planI expect a fake moves to liquidate the longs, so i think that today EURUSD will break below the accumulation zone i drawed. This could be a classic market maker moves, and i want to long it. If i will see a reversal pattern at the beginning of the NY session, i'll long it targeting the open of the market gapLongby CryptoForexGem3
EURUSDSIP to the upside on H1 AOI on the H1 OB TMT on LT already done, now waiting for pull back to LT OB for entry Remember: -Every moment is unique -Anything can happen -There is a random distribution between wins and losses in an given set of variables that define an edge -You don't need to know what's gonna happen next in the market in order to make money -An edge is nothing but an indication of higher probability of one thing happening over the other. Longby thiwani6
EUR/USD Outlook ICT Consept📈💰 Welcome to Your Channel! Welcome to your very own channel! Here, we embark on a collaborative journey to analyze and scrutinize financial markets, aiming to achieve substantial profits together. Let's dive into the forex market, focusing on one of its key assets: EUR/USD . 📉🔍Impact of News on EUR Last week, significant news favored the direction of the dollar index, causing a substantial impact on the EUR. This led to several large downward closing candles in the EUR/USD market. 🚀📈Internal Liquidity Sweep and Potential Upward Move We recently swept some internal liquidity ( ERL ), and we can anticipate a move higher to fill the unfilled gaps and Fair Value Gaps ( FVG ) created by those substantial down close candles. 📊📉Major Sell-Side Liquidity and Optimal Trade Entry Levels Ahead of us lie the major sell-side liquidity levels and Optimal Trade Entry ( OTE ) levels. We can expect a continuation to deeper levels after a retracement upward to reach the levels mentioned earlier. 🚀📈 Stay Tuned for More Insights Thank you for joining us on this insightful journey. Stay tuned for more market analysis and updates. Until next time, happy trading! 📊⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.by RealArmin227
EURUSD - 15m Buy ScalpEURUSD on the 15m chart is presenting a promising buy scalp opportunity. The pair is currently resting on a solid support zone, suggesting potential for a bullish move. Keep an eye on this for a quick trade!Longby Sober_Trading9
EURUSD The new Bearish Leg has started.On our last analysis EURUSD analysis (June 04, see chart below) we mentioned that it was a do-or-die moment for a rejection as it had marginally broken above the top (Lower Highs trend-line) of the 5-month Channel Down: As you can see the price did close all subsequent candles below the top and inside the pattern, hence confirming the rejection bias and that the downtrend was still intact. The last two strong bearish days, suggest that the new Bearish Leg has started, especially since yesterday's 1D candle closed below the 1D MA50 (red trend-line) for the first time in a month (since May 10). Our Target remains 1.06040 (Support 1), which is still a 'good case scenario' for the bearish event as it is above the % drop of the weakest Bearish Leg, the one right before the current (at -3.45%). Ideally, we expect to see the 4H MA200 (orange trend-line) being the Resistance throughout the whole Leg. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot2219