And the fall began Altough I made huge mistake underestimate the market makers games, still holding my short. Todaz data could not be hack :P Take care Shortby ElGatoTradeUpdated 1
SELL EURUSDAhead of todays NFP I am expecting price to push up to 1.0910 area where I will be shorting from. I expect my target at 1.0820 and stops above 1.0930 level. Due to the volatility of the market on NFP it is advisable to use proper risk management. Shortby GeminiWealthGroupUpdated 6
EURUSD NFP PredictionsThe londond bridge has to eventually come falling down. 15 minutes and we'll either be in profit, have price corrected for next week, or we'll be in another week of waiting for the inevitable retracement. Either way hedge your bets and roll with the floor of the markers. Shortby KomeFXX1
Dollar will fallA new era will begin soon, downtrend for EURO is over.. BRICS are doing their job well! Cheers!by devigriffelUpdated 0
EUR/USD Analysis Amid Geopolitical TensionsThe exchange rate between the Euro (EUR) and the US Dollar (USD), known as EUR/USD, is a key player in global finance. Lately, it's not just economic ups and downs that are calling the shots, but also rising political conflicts around the world. One hot spot to watch is Israel, where the potential release of sensitive information could cause ripples across Europe and impact the EUR/USD rate. Geopolitical Tensions and Market Reactions Background Context In response to the Hague Tribunal's demand for war crimes information, Israel has hinted at releasing a highly sensitive and potentially explosive video. This footage, allegedly compiled by the Israeli National Security Agency (NSA) from Hamas body cameras, contains graphic atrocities from the October 7th incident. The content is so disturbing that its release could incite widespread unrest, particularly in Europe, where issues with radical Islamic cells and terrorism are already prevalent. Potential Impact on Europe Europe, with its diverse population including significant Muslim communities, has long been a focal point for discussions on integration, radicalization, and security. The release of such a video could exacerbate existing tensions, potentially leading to civil unrest or even conflict. The implications of such an event would be profound, affecting not only the social fabric of Europe but also its political and economic stability. Europe's Future: Insights from Israel's Video Teasers Israel has chosen not to release the video or any parts of it. However, they have now decided to share limited teasers of the video with European countries to give them an idea of what to expect. The message suggests that there is a religious war on the horizon, and Europe's silence on Islamic matters is seen as a dangerous mistake. It emphasizes that a religious war is inevitable and already underway, and it warns that the consequences will be significant, affecting the geography, politics, and demographics of Europe. Economic Implications For the EUR/USD currency pair, these geopolitical tensions could translate into significant volatility. The euro might face downward pressure due to increased political risk and potential instability within the Eurozone. Investors typically seek safer assets in times of geopolitical uncertainty, which could bolster the U.S. dollar's strength against the euro. Key Factors to Watch ECB Policies and Economic Data Amidst these geopolitical concerns, it is crucial to monitor the European Central Bank's (ECB) policies and economic indicators. Inflation rates, GDP growth, and unemployment figures will continue to play significant roles in determining the euro's value. Any signs of economic slowdown or policy shifts in response to rising geopolitical tensions could further impact the EUR/USD pair. Federal Reserve Decisions On the other side of the Atlantic, the U.S. Federal Reserve's monetary policy decisions remain a critical factor. With the U.S. economy showing resilience, any hawkish signals from the Fed could strengthen the dollar. Conversely, dovish policies or signs of economic weakness could provide some relief to the euro. Safe-Haven Flows During times of increased uncertainty, currencies such as the U.S. dollar and Swiss franc, known as safe-haven currencies, tend to increase in value. Investors may choose to move their investments out of riskier assets, such as the euro, and into the perceived safety of the dollar. This movement to safety could cause a further decrease in the EUR/USD exchange rate. Strategic Considerations Hedging Against Risk For investors and businesses with exposure to the EUR/USD pair, hedging strategies become essential. Options, futures, and other derivative instruments can provide a buffer against unexpected currency fluctuations due to geopolitical events. Diversification Diversifying investments across various currencies and asset classes can help reduce risks. Spreading out investments can provide better protection against geopolitical uncertainties. Monitoring News and Updates Staying informed about geopolitical developments, economic data releases, and central bank announcements is crucial. Real-time news feeds and analysis can help traders and investors make more informed decisions. Conclusion The EUR/USD currency pair is currently facing challenges arising from economic fundamentals and escalating geopolitical tensions. There is a possibility of Israel releasing sensitive footage, which could have significant implications for Europe. This may impact not only the social and political landscape but also economic stability in the region. Therefore, market participants should remain vigilant, use strong risk management strategies, and be prepared for increased volatility in the currency markets.Shortby signalmastermind4
Eurusd H1 Analysis EUR/USD is trading close to 1.0900, oscillating in a range in European trading on Friday. The pair turns cautious alongside risk sentiment, as the focus now shifts to the US NFP data release for a fresh directional impetus. Shortby Senorita716
EUR/USD Loses Momentum as Market Awaits Key US Economic DataThe EUR/USD pair experienced a setback on Tuesday after reaching its highest level since late March, climbing above 1.0900 before closing the day in negative territory. The pair's near-term technical outlook suggests a lack of bullish momentum as attention shifts to upcoming macroeconomic data releases from the United States. Technical Analysis Overview In the lower timeframes, particularly on the H1 chart, EUR/USD shows a harmonic movement within an uptrend, characterized by swing highs and lower highs. Pullbacks have been consistently supported at the 61.8% Fibonacci retracement level, indicating a potentially strong base for a new bullish impulse. This technical setup suggests that a positive reaction to upcoming economic news could trigger a fresh upward movement. Key Economic Data Releases The focus is now on two critical economic indicators from the US: the ADP Employment Change and the ISM Services PMI for May. These releases are expected to provide significant insights into the state of the US economy and influence the EUR/USD pair's trajectory. 1. ADP Employment Change: Market expectations are for a rise of 173,000 in private sector employment for May. This report is an important gauge of the labor market's health and can affect market perceptions of the Federal Reserve's future policy moves. 2. ISM Services PMI: The ISM Services PMI is projected to recover to a reading above 50, indicating expansion, with expectations set at 50.5 for May, up from April's 49.4. A reading above 50 suggests growth in the services sector, which is crucial for overall economic performance. Potential Market Reactions The EUR/USD pair's movements will be significantly influenced by these data releases. Stronger-than-expected figures could bolster the US Dollar, exerting downward pressure on the EUR/USD pair. On the other hand, if the data disappoints, it could weaken the USD, providing a potential boost to the EUR/USD pair. Conclusion Currently, the EUR/USD pair displays a lack of sustained bullish momentum, but the upcoming US economic data could serve as a catalyst for change. Traders should pay close attention to the ADP Employment Change and ISM Services PMI releases, as they will offer crucial insights into the health of the US economy and guide expectations for future monetary policy. The technical outlook on the lower timeframes indicates a potential for a bullish impulse, provided that the economic data supports such a move. The EUR/USD pair remains at a pivotal point, with the direction likely to be shaped by the forthcoming macroeconomic indicators.Longby FOREXN1Updated 3311
ECB Cuts Interest Rate for First Time Since 2019EUR/USD Analysis: ECB Cuts Interest Rate for First Time Since 2019 By its decision, the ECB followed the example of the Bank of Canada, which lowered interest rates by 0.25%, as we reported yesterday. Consequently, this trend might continue with the Federal Reserve, marking the development of easing monetary policy cycles in Western economies. According to ForexFactory: → the interest rate had been at 4.50% since September 2023; → it was reduced to 4.25%; → the reduction was accurately predicted by experts. According to CNBC: → the ECB forecasts inflation at 2.5% in 2024 and 2.2% in 2025; →"Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady," stated the ECB Governing Council. Given that the rate cut was anticipated, the EUR/USD rate hasn't changed significantly today, despite a noticeable spike in volatility. Analysing the EUR/USD chart on 30 May, we highlighted the importance of the 1.08 level. Since then, the bulls have shown the ability to bounce off this level and rise to 1.09. The technical analysis of the EUR/USD chart, considering fresh data, provides important insights: → the 1.09 level shows signs of resistance, as the price struggles to stay above it for long; → this is evident from the price action forming peak B, as well as from yesterday’s action following the ECB news release; → the RSI indicator is forming a bearish divergence between peaks A and B. Thus, the EUR/USD price is forming a narrowing triangle between the ascending trendline (shown in green) and the 1.09 level. It’s possible that a breakout of this pattern, which can be interpreted as a temporary consolidation, will lead to a new significant trend. The impetus for this could be the results of the European Parliament elections taking place from 6-9 June. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen227
Today weare going HIGHER EURUSDLast setup was pretty good for EURUSD but i had no triggers. Unfortunately my long limit ordes wasn't triggered for few pips. This time i want to swing and i am entering long targeting 1.09250 and i will DCA if price will go lower. I have some strong motivations for that and i think today's NFP will give us a good pump. ECB has finally started to cut rates, USD is getting weaker while GOLD price Is rising (and china Is buying GOLD and selling USD). I think EURUSD price can reach 1.11/1.12 before DecemberLongby CryptoForexGem1
Lingrid | EURUSD NFP Day May LEAD to BREAKOUTThe market has been anticipating the NFP release since Tuesday, and it has been stuck in a consolidation zone. FX:EURUSD is trading around the highs of the last three weeks. A closer look at the weekly chart reveals that the price took out liquidity above those highs, only to pull back and form a fake breakout. If the market rejects this resistance zone, we can expect a downward move. However, if the price breaks and closes above this strong resistance area, we may see a further upward move, potentially reaching 1.1000. Given the current consolidation just below the resistance, I'm inclined to think that the market might be building up for an upside breakout. I expect a spike down followed by a bullish move. It's worth noting that today's NFP release could send the market in any direction. My target is the resistance level at 1.093000. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid2211
possibility of uptrend It is expected that the upward trend will form up to the resistance levels and then we will witness the change of the trend and the beginning of the corrective trend. If the price crosses the resistance range, the continuation of the movement will be according to the blue pathby STPFOREX0
Bullish prices FiberLooking for Fiber to take out buy side liquidity. The entry was frame from the daily time frame. At a +OB. Then after a displacement to the upside and BMS, we focus on entry at a discount level.Longby JuanFelipeCancinoUpdated 3
Mastering Multiple Timeframe Trading StrategiesMastering Multiple Timeframe Trading Strategies In the fast-paced world of trading, the ability to analyse and interpret multiple timeframes can be one of the advantages of a trader. In this FXOpen article, we will delve into the concept of multiple timeframes in trading and consider two multiple timeframe trading strategies based on it. Understanding Multiple Timeframes Multiple timeframes refer to the simultaneous analysis of price data across charts with different periods. This approach allows traders to gain a comprehensive view of the market's dynamics. The use of multiple timeframes is paramount in trading for several reasons. By analysing various time intervals, traders may: - Properly analyse the overall market trend. - Identify potential entry and exit points. - Enhance risk management by assessing the broader context. - Avoid being trapped by short-term market noise and false signals. Selecting Timeframes Trading on multiple timeframes usually means confirming signals on charts with two or three different periods. More intervals may confuse traders with excessive market noise. Choosing the Primary Timeframe The primary timeframe serves as the foundation of your trading strategy. It's essential to select a primary timeframe that resonates with your trading style and objectives. Here's why it matters: Alignment with Trading Style: Your primary timeframe should align with your preferred trading style. For example, if you are a day trader looking for quick, short-term opportunities, a primary timeframe of 1-hour or 15-minute charts may be suitable. On the other hand, if you are a swing trader seeking more extended trends, daily or weekly charts might be your primary choice. Clarity of Signals: The primary timeframe should provide clear and actionable signals. It's the timeframe where you identify key support and resistance levels, chart patterns, and trend directions. The primary timeframe is where you make your core trading decisions. Selecting Secondary Timeframes While the primary timeframe forms the core of your strategy, the secondary one complements and reinforces your analysis. These secondary timeframes offer additional perspectives and confirmation. Here's how you may choose one: Alignment with Primary Timeframe: Secondary timeframes should align with your primary period. For instance, if your primary period is the daily chart, you may consider a secondary interval, such as 4-hour or 1-hour charts. The secondary timeframes should provide a more detailed view without straying too far from your primary analysis. Confirmation and Entry Timing: Use secondary timeframes to confirm signals from your primary analysis. When the primary chart generates a potential trade signal, consult the secondary one to validate it. This additional confirmation may enhance the reliability of your decisions and help you time your entries more accurately. Managing Risk: Secondary timeframes can also assist in managing risk. By assessing shorter periods, you can identify intraday fluctuations and adjust your stop-loss and take-profit levels accordingly. Multiple Timeframe Trading Strategies Below, you will find two trading strategies that use multiple time frames to trade. Swing Trading Strategy with Multiple Timeframes Timeframes Used: - Primary: Daily Chart - Secondary: 4-Hour Chart Indicators and Tools: - Exponential Moving Averages (EMA) - 14-period and 21-period - Relative Strength Index (RSI) - 14-period - Fibonacci Retracement Tool Entry and Exit Points: Entry Point (Long Trade): When the daily chart shows an uptrend (a 14-period EMA above a 21-period EMA) and an RSI above 50, and the 4-hour chart reveals a pullback to a Fibonacci support level: You may enter a long trade with a stop-loss just below the support level on the 4-hour chart. You may set a take-profit target at a resistance level or when the 4-hour chart shows signs of a potential reversal. Entry Point (Short Trade): When the daily chart indicates a downtrend (a 14-period EMA below a 21-period EMA) and an RSI below 50, and the 4-hour chart exhibits a retracement to a Fibonacci resistance level: You may enter a short trade with a stop-loss just above the resistance level on the 4-hour chart. You may set a take-profit target at a support level or when the 4-hour chart reflects a potential reversal. You may use trailing stop-loss to partially close your trade and lock in the returns that have already been reached. On the chart above, the 14-day EMA broke below the 21-day EMA, while the RSI indicator was below 50. A trader could have considered this as a signal to open a short position. When the trader switched the timeframe, they may have noticed that the price rebounded from the 23.6% Fibonacci level. This could be considered as an entry point. A stop-loss could have been placed above the closest Fibonacci level (38.2% in this case) to fulfil a standard risk/reward ratio. The take-profit target would depend on the trader’s trading approach. Multiple Timeframe Analysis for Day Trading Timeframes Used: - Primary: 15-Minute Chart - Secondary: 1-Hour Chart Indicators and Tools: - Exponential Moving Averages (EMA) - 9-period and 50-period - Relative Strength Index (RSI) - 14-period - Support and Resistance Levels Entry and Exit Points: Entry Point (Long Trade): When the 15-minute chart shows an uptrend (a 9-period EMA above a 50-period EMA), the RSI indicates bullish momentum, and the 1-hour chart confirms a support level: You may enter a long trade with a stop-loss just below the support level on the 15-minute chart. You may set a take-profit target at a resistance level or when the 15-minute chart reflects a potential reversal. Entry Point (Short Trade): When the 15-minute chart indicates a downtrend (a 9-period EMA below a 50-period EMA), the RSI indicates bearish momentum, and the 1-hour chart confirms a resistance level: You may enter a short trade with a stop-loss just above the resistance level on the 15-minute chart. You may set a take-profit target at a support level or when the 15-minute chart reflects a potential reversal. On the chart above, created on the TickTrader platform, a trader may have spotted conditions for a long trade (the 9-period EMA was above the 50-period EMA, and the RSI indicator was above 50). Checking the hourly chart, they may have noticed that the conditions occurred when the price rebounded from the support level. Moreover, the RSI indicator broke above the 50 level, signalling potential upward movement. A trader could have opened a long position with a stop-loss order below the most recent swing point. Mistakes to Avoid Trading on multiple timeframes may be a powerful approach to gaining a comprehensive overview of the market and making more informed trading decisions. However, it also introduces complexities that traders need to navigate carefully. Here are some common mistakes to avoid: Neglecting the Primary Timeframe. One of the most significant mistakes is focusing too heavily on the secondary timeframe and neglecting the primary one. The primary one provides the overall trend direction and context, so it's essential not to lose sight of it. Overcomplicating Analysis. Trading on multiple timeframes can become overwhelming if you overcomplicate your analysis. Using too many multi-timeframe indicators, tools, or charts can lead to analysis paralysis. Keep your approach simple and effective. Ignoring Conflicting Signals. It's not uncommon for different periods to produce conflicting signals. Avoid the mistake of trading solely based on one chart without considering the broader context. Conflicting signals should prompt caution and further analysis. Chasing Short-Term Trends. Day traders may sometimes fall into the trap of chasing short-term trends on very small periods. Avoid the mistake of becoming too focused on micro-trends without considering the bigger picture. Overlooking Risk Management. Regardless of their trading approach, traders should use proper risk management. It's essential to set stop-loss and take-profit levels based on your analysis and risk tolerance for each trade. Neglecting the Market Context. Trading solely based on technical analysis from multiple timeframes may lead to neglecting the broader market context. Be aware of significant economic events, news releases, or geopolitical factors that could impact the market. Final Thoughts Trading on multiple timeframes can be a potent tool when used correctly, but it also comes with its challenges. Avoiding the common mistakes and maintaining discipline in your analysis and execution may lead to more effective trading. If you want to test multi-timeframe trading strategies, open an FXOpen account now! This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen227
EURUSD Downtrend Line Rejection At 1.08977. 07.06.2024- Downtrendline rejection at 1.08977. - If confirmed: - Likely drop to 1.08824. - Break of 1.08824 could lead to 1.08704. - If rejection fails: - Possible rise to 1.09171. - Break of 1.09171 could lead to 1.09419. 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_Academy3
EURUSD analysis 06/05/2024EUR/USD steadies below 1.0900 ahead of key US dataEUR/USD is consolidating below 1.0900 early Wednesday amid modest gains in the US Dollar. Fed rate cut bets keep US bond yields lower, limiting the pair's downside. Key US data on Wednesday could provide some impetus ahead of the ECB on Thursday. The pair is approaching the lower trendline of the uptrend and is being supported by the EMA34 and EMA 89. In case the news is positive for the USD, it is possible that EURUSD will break the trendline and two EMA line to approach the 1.08300 support zone. The old peak at 1.9100 will be the first resistance area that the pair encounters when the price is pushed up from the current support area. With the negative release news for USD the highest level EURUSD reached today was 1.09700. BUY zone 1.08300 SL 1.08000 SELL zone 1.09100 SL 1.09400 SELL zone 1.09700 SL 1.10000by TVS-TraderUpdated 3
EURUSD analysis week 24EUR/USD clings to gains above 1.0850 following US inflation data. EUR/USD traded in positive territory around 1.0850 during the US session on Friday. The US dollar struggled to maintain its strength following the April PCE inflation data and helped the pair hold its ground at the end of the week. The EU region's CPI consumer price index has begun to cool down, but according to March and April data, this index still increased around 2.4% over the same period last year in recent shares shared by the ECB President. believes that inflation in the EU area is expected to continue to decrease and the ECB can lower interest rates if they meet the inflation assessment criteria they have identified. The price range of the EURUSD pair is getting narrower, showing that the long-term accumulation of the currency pair is about to reach a boom stage. Pay attention to the break out hooks 1,080 and 1,088 to get appropriate trend trading signals. When the price breaks out of the narrow range, important support and resistance levels will be quite far away. Above the old peak resistance level around 1,093 and in the opposite direction, the old Dow breaking support area at 1,074 will be a support area that investors trust. Trading signals: BUY zone 1.07400-1.07200 SL 1.06900 SELL zone 1.09300-1.09500 SL 1.09800 Beak out and retest: 1.08800 and 1.08000by TVS-TraderUpdated 6
EURUSD before NFPThe ECB cut interest rates yesterday. This has resulted in large swings but no clear direction in the EURUSD. US jobs data is due today. This is one of the most important news for the USD and will determine the next move in all instruments. The news will be published at 15:30 Bulgarian time. Misleading moves are possible in both directions, so jump into trades after the news.by ForexTrendline5
EURUSD - BUY SIGNALToday will be a day with a lot of volatility after the non-farm payrolls data comes out. A worse than expected data would take the price to our target zone at 1.09750 - 1.10000, but if the data is better than expected, we would have a fall in the euro that we would take advantage of to place more buy orders. Guys, what do you think? Leave a comment with your thoughts.Longby tradingconmike22262
#EURUSD - 07062024ECB cut rates yesterday and EUR is supposed to weaken but not much reaction but there was a whipsaw, with price rallying to 1.0896 strong level before rejecting off it, base at PZ and then moved higher. I did say in the group that the rejection of the 1.0896 could signal a mov lower but eventually PZ held the down. Daily price action is bullish on close which could signal a move higher. But price is stuck with PZ below and 1.0896 strong level above. Overall, a break above 1.0896 would be bullish while a break below 1.0880 is bearish. At the same time though, a re-test and rejection off 1.0896 would be a low risk level for a short for a move lower while holding 1.0880 is a low risk level for a long for a move higher.by FadeMeIfYouCan1
EURUSD Technical Analysis and Trade IdeaDuring a recent rally, the EURUSD exhibited notable bullish momentum. In our video analysis, we explore potential long positions, contingent upon price aligning with our entry criteria. Examining the 4-hour chart, we observe a previous bearish trend that has been interrupted by a bullish market structure breakout. While my bias leans toward a long position, it remains contingent on price action developments outlined in the video. Disclaimer: This content does not constitute financial advice.Long08:41by tradingwithanthonyUpdated 226
EURUSD Trading Journal EURUSD Trading Journal Very happy with what my analysis anticipated for Price to deliver to. Huge range Monday Price did seek both my noted 1 hour IFVG to start the week and energetically took both my Buy Side Targets exceeding my weeks high at 1.08891. Another explosive range day on Tuesday as Price wicked through the my buy side target again creating the high of the week and came back to test the1 IFVG. Im very pleased that Price is reacting to my noted sentiments. Very please. by LParnell0
top down E/U 07/06/24top down analysis using SMC made live for you so that eventually you can also understand how i operate on live markets if you want to know how i enter trades or how i see a certain asset just follow me, message me and i will most likely do a custom video for you. 07:38by tommasomariacomini1
EUR SELL SIDE THE CURVE TO BUY SIDE THE CURVEWe have a bullish order flow monday push higher we have a CRT model SMT With GU Wednwsday manipulation fase tomorrow we have NFP NEWS High impact news Longby yakiniomar0