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
CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.0653 to 1.0662. Additionally, a low-risk sell zone between 1.0887 to 1.0897, 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 1.0653 to 1.0662, serving as a low-risk buy. Bullish Targets📈: 1.0720: Possible retracement area. 1.0730: Possible retracement area. 1.0760: Possible retracement area. 1.0810: Possible retracement area. 1.0840: Possible retracement area. 1.0887: Significant supply zone. 1.0910: Liquidity area. Bearish Targets📉: 1.0840: Possible retracement area. 1.0810: Possible retracement area. 1.0760: Possible retracement area. 1.0730: Possible retracement area. 1.0720: Possible retracement area. 1.0662: Essential Demand Zone Ultimate Target: 1.0650- 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 TTradessss8
EURUSD SELL We are currently in an area that is very hard to pin down for the EURUSD. In fact, on the one hand, taking cash at 1.07230 gives me a bullish view on the EURUSD. We are back in the HTF OTE zone and we have recovered a very large pocket of liquidity. But on the other hand, LTFs are short and we have also just returned to the short OTE zone. So what is the EURUSD going to do over the next few days? I have a rather bearish view, but I prefer to remain a spectator for the time being so as not to expose myself. We'll see how the price reacts over the next few days. Feel free to subscribe and boost this post if you liked my analysis, and to tell me what you think in the comments. Happy trading and have a good weekend :)Shortby InfiniteY9
Its overall bearish but long is also possible Im bearish but we can get the long trade also as explained in the video. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Follow me for daily updates.Short05:25by Dave-FX-Hunter7
EURUSD: Detailed Technical Analysis & Your Trading Plan 🇪🇺🇺🇸 Technical Analysis for EURUSD. Price action & important key levels. Potential scenarios. Trading plan explained. ❤️Please, support my work with like, thank you!❤️ Long03:08by VasilyTrader117
EUR/USDTechnical Analysis: EUR/USD Due to the fact that the price is close to its 4-hour supply, it is possible that the red news will bring the price to the supply first and then it will start to fall {but if it breaks, the area is over} The risk of this transaction is low because it is in the direction of the main market trend. But today the GBP / CPI / FOMC news causes a lot of TP and SL. {be careful} Entry prices: 1.08235 Profit limit: 1.07382 1.06762 1.06510 1.0102 Loss limit: 1.09094 Before using this signal and analysis, be sure to check your analysis chart. Attention!!! In these analyses, only technical analysis is considered So be sure to check the basic news before entering. Attention!!! 100% does not exist in financial markets So don't enter this signal hoping for a definite profit.Shortby ZADERAMEZAN-FXUpdated 7
EUR/USD Awaits Volatility Ahead of Key US Data and FOMC DecisionThe EUR/USD pair is currently oscillating within a narrow range of 1.0750 - 1.0722 during the Asian session on Wednesday, consolidating the losses accumulated over the past three days. This period of consolidation comes as traders adopt a cautious approach, awaiting significant economic events before committing to new directional bets. Market Sentiment and Upcoming Economic Data The subdued trading activity can be attributed to the anticipation surrounding the release of the US consumer inflation figures and the crucial Federal Open Market Committee (FOMC) decision. Both events are expected to have a substantial impact on market volatility and could provide fresh momentum for the EUR/USD pair. US Consumer Inflation Figures The US Consumer Price Index (CPI) data, particularly the Core CPI m/m, is a key indicator of inflation and is closely watched by market participants. The data release is expected to shed light on the current inflationary pressures within the US economy and influence the Federal Reserve's monetary policy stance. Strong inflation data could bolster expectations of a hawkish Fed, potentially supporting the US Dollar and putting further pressure on the EUR/USD pair. FOMC Decision In addition to the inflation data, the FOMC decision is another critical event on the horizon. The Federal Reserve's policy statement and subsequent press conference will provide insights into the central bank's economic outlook and future policy actions. Traders will be particularly interested in any indications regarding the timing of interest rate hikes or tapering of asset purchases. A more hawkish stance could lead to increased demand for the US Dollar, impacting the EUR/USD pair. Technical Perspective From a technical standpoint, the EUR/USD pair is currently in a phase of consolidation. The price is hovering around the support level at 1.0722 and resistance at 1.0750. The market is awaiting the release of the Core CPI m/m and the FOMC decision to trigger the necessary volatility for a significant price movement. Given the current technical indicators and market sentiment, we are looking for a potential long impulse once the data is released. In conclusion the EUR/USD pair remains in a tight range as traders await key economic data and the FOMC decision. The outcome of these events will likely determine the next directional move for the pair. From a technical perspective, we anticipate a bullish impulse following the release of the US inflation figures and the FOMC announcement, provided the data supports such a move. Traders should prepare for heightened volatility and be ready to adjust their positions accordingly.Longby FOREXN1Updated 118
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, a low-risk buy zone between 1.0742-1.0736, respectively, are 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 1.0742-1.0736, serving as a low-risk buy. Bullish Targets📈: 1.0765: Possible retracement area. 1.0790: Possible retracement area. 1.0850: Possible retracement area. 1.0887: Significant supply zone. 1.0920: Liquidity area. Bearish Targets📉: 1.0850: Possible retracement area. 1.0790: Possible retracement area. 1.0765: Possible retracement area. 1.0742: Essential Demand Zone Ultimate Target: 1.0720- 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 TTradessss8
EUR/USD Faces Pressure, Eyes Potential Bullish RetracementFollowing Wednesday's surge, EUR/USD reversed course and experienced significant losses on Thursday. The pair remains under pressure on Friday, trading at its lowest level since early May, just below 1.0700. This downturn reflects the broader market sentiment and the evolving economic landscape. The shift in risk sentiment helped the US Dollar (USD) gain strength during the American trading hours on Thursday. Additionally, the negative impact of soft inflation data on the USD began to dissipate as investors reassessed the Federal Reserve's policy outlook in light of the hawkish revisions to the Summary of Economic Projections. The Fed's commitment to its current monetary policy stance has provided a boost to the USD, further pressuring the EUR/USD pair. From a technical perspective, the price has reached a strong support area. Here, we observe a double divergence on both the RSI and Stochastic indicators, signaling potential bullish momentum. Furthermore, the price has touched the 78.6% retracement level from the previous swing low, adding to the likelihood of a reversal. These technical indicators suggest that the EUR/USD may be poised for a bullish retracement. Despite the current downward pressure, the EUR/USD pair is showing signs of resilience. The technical indicators provide a hopeful outlook for traders looking for a recovery. The double divergence on the RSI and Stochastic indicators, coupled with the critical 78.6% Fibonacci retracement level, points towards a potential rebound. Traders will be closely monitoring these indicators for confirmation of a bullish trend reversal in the coming sessions.Longby FOREXN1117
EURUSD SELL | Idea Trading AnalysisEURUSD is moving in a descending channel between the trend lines and Resistance area. Is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. 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 118
EURUSD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyLongby akmalsabran907
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
ECB speeches, Macron, and FOMC stir EUR/USD A high number of European Central Bank (ECB) officials are making public speeches in the 24 before the Fed rate decision this week Wednesday that could help or hinder the EUR/USD. Also, thrown in the mix now is French President Emmanuel Macron’s decision to call for a snap local election after the results of the EU Parliament elections, adding to market uncertainty. The EURUSD has extended to a 5-week low. 1.0700 could be the next target for the bears as the price has now moved into a swing area between 1.0718 and 1.0750. Perhaps the most important speeches will come from Luis de Guindos (Vice-President of the ECB), Philip R. Lane (ECB Executive Board member), and Claudia Buch (ECB Supervisory Board). Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you to plan your positions in advance. Last week, the EU became the fourth Western economy to reduce its lending rate, announcing progress in tackling inflation. It lowered its main interest rate from a record high of 4% to 3.75%. Katherine Neiss, chief European economist at Prudential Investment Management, expressed "reasonable confidence" that the ECB would further cut rates over the summer or autumn, potentially bringing EU rates to 3.5% or lower by year-end. Investors will be closely analyzing the upcoming ECB speeches for any hints that support this prediction. by BlackBull_Markets7
It think its time to close opening gap and visit 50% fib levelPrice dipped below 50% of the weekly swing and is closing above. I think we will see a push-up. Depends on where the price will be during CPI. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-HunterUpdated 6
EURUSD Long Using Fair Value GapThere is a Fair Value Gap ( FVG ) on the 4 Hour TF at 1.07508. The Entry Should be at 1.07508 at the Entry of the FVG Because We Don't Want to Miss the Entry as Many Of The Times Price Respects the FVG By Just Touching it Slightly and It Goes Up/Down Passively , Stop Loss at 1.07156 Below the Fair Value Gap's Swing Low Because We Don't Want to Get Stopped where most of the Buy Stops are and Take Profit at 1.08944 Because there was Massive Selling Pressure at the Price and The TP Is actually quite Random Because I just Saw The RR to Be 4:1 and Hence There is Not Much Analysis Done as to Where the TP Should be. Anyways As a Beginner I'm Just Documenting My Analysis :)Longby Hari_NazrekarUpdated 4413
EURUSD: Bearish Butterfly Pattern Signals ReversalThe EURUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classic reversal structure frequently observed in technical analysis. The Butterfly Pattern suggests that the current bullish momentum may soon exhaust, giving way to a potential bearish trend. Potential Reversal Zone (PRZ): Point D, at the completion of the Butterfly pattern, is identified as a Potential Reversal Zone (PRZ). This zone is critically important for several reasons: Key Resistance Area: The PRZ aligns with a significant resistance level, historically indicating strong selling pressure. 4-Hour Trend Line: The zone coincides with a downward sloping trend line on the 4-hour chart, reinforcing the bearish outlook. 61.8% Fibonacci Retracement: The PRZ is also at the 61.8% Fibonacci retracement level of the preceding move, adding another layer of confluence to our bearish bias. Entry and Risk Management: Given the confluence of technical indicators at the PRZ, we anticipate a trend reversal to bearish from Point D. Our proposed trading strategy is as follows: Entry Point: 1.08865 Stop Loss: 1.09030 The stop loss is strategically placed above the PRZ to protect against potential false breakouts and limit downside risk. Take Profit Levels: To effectively manage our positions and lock in profits, we have set multiple take profit levels: TP-1: 1.08700 TP-2: 1.08535 TP-3: 1.08370 These targets are derived from previous support levels and the harmonic pattern projections. Conclusion: The confluence of the Bearish Butterfly pattern, key resistance, trend line, and Fibonacci level significantly strengthens the bearish case for EURUSD at Point D. By entering the market at 1.08865 with a stop loss at 1.09030, and targeting the specified take profit levels, traders can capitalize on the anticipated bearish reversal while maintaining disciplined risk management.Shortby trading_jupiterUpdated 25
EURUSD , Time for SELL ?Hello traders, hope you doing great. for upcoming week, I think we'll probably see a downtrend in EURUSD to specified Level. so with a proper trigger, we can open a short position. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was helpful to you, please like and share with your friends. Thanks. Shortby aminrzbUpdated 111193
EURUSD: gearing up for FOMCThe non-farm payrolls figures were in the market focus during the previous week, when macro data are in question. Surprisingly, they have been increased to the level of 272K, in May, much higher from the market expectations of 185K, and from 165K posted for the previous month. The unemployment rate in the US reached the level of 4% in May, from 3.9% for the previous month and as forecasted by the market. The US ISM Manufacturing PMI dropped a bit in May to the level of 48.7 from 49.6 forecasted by the market. The ISM Services PMI in May was a bit better than expected at level of 53.8 from 50.8 expected by the market. The ECB started pivoting, as announced at their previous meeting. The interest rate has been cut by 25 bps to the level of 4.25%. When it comes to question whether there will be further rate cuts, the ECB members will remain focused on the data, and will pivot further if the data show clear signs of decreasing inflation. Third estimate of the GDP Growth rate for Q1 showed no change from previously posted, and remained at the level of 0.3% for the quarter and 0.4% on a yearly basis. The unemployment rate in Germany remained steady in May at a level of 5.9% same as previous month and in line with market expectations. During the week the eurusd pair continued to move within the relatively short range, between 1.083 and 1.091. However, Friday`s jobs data brought some breakthroughs and a strong move of the currency pair from 1.09 down to 1.08. The RSI also reacted by reaching the level of 46, indicating that the market has clearly turned its view toward the oversold side. Moving averages of 50 and 200 days continue to move as two parallel lines with a short distance. Still, there is no indication of a potential cross. The market made its move on Friday, pricing increased unemployment rate to 4.0%, which was more or less, in line with Fed`s macro projections. This was a signal to the markets on increasing probability that the Fed might start pivoting during the course of this year. In this sense, eurusd was pushed toward the 1.08 support line. It should be taken into consideration that the FOMC rate decision is scheduled for Wednesday, which might bring some increased volatility back on the market. At this point the question is whether the currency pair might go lower from current levels? Charts are pointing to some short term reversal, but not too much higher from current levels. The target might be around 1.085, but the 1.08 support line will be tested during the week ahead. On a longer time scale, the support at 1.067 is indicated as a next target of the eurusd pair, however, it will take some time until the currency pair reaches this level, because first 1.07 should be tested, before the next move to the downside. Important news to watch during the week ahead are: Euro: Inflation rate final in May for Germany, USD: Inflation rate for May, FOMC interest rate decision and economic projections, PPI for May, Michigan Consumer Sentiment preliminary for June. by XBTFX1111
The latest analysis and advice, hope to help youHello, trader. With the current state of leaving USD rates unchanged and showing some hawkish tone in the last Fed meeting since then USD is showing strength While for now Euro is showing oversold signals that would favor some profit taking for sellers or waiting for a retracement to jump in the next drop I am expecting price to retrace to 1.076 and then extra down leg might startby Machine-traderUpdated 6
EURUSD analysis week 27📌EUR/USD continued to slide to Friday's lows, falling to 1.0670 before recovering to 1.0700 during the US market session. Political pressure is weighing on the Euro after a major change in European voter sentiment. 📌On the US side, increasingly negative data is raising concerns about a possible recession, fueled by the results of the University of Michigan (UoM) consumer sentiment survey. worse than expected. 📌The currency pair is trading far away from the EMA 34 and EMA 89, showing that there has been instability in the pair over the past week. The downtrend is clearly established as the key support zone of 1,073 was broken and created a bearish Dow pattern. The pair's narrow trading range was formed at 1,070 and 1,076. When the market fluctuates strongly due to news of important resistance and support areas next week, investors can pay attention to the port areas of 1,061 and 1,080. Trading signals BUY EURUSD zone 1.06200-1.06000 SL 1.065800 SELL EURUSD zone 1.08000-1.08200 SL 1.08400 Support: 1.062 - 1.070 Resistance: 1.076 - 1.080by TVS-TraderUpdated 7
EURUSD On The Rise! BUY! My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0728 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0789 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 117
EURUSD Trading Opportunity! BUY! My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0702 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0773 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 117
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