EUR/USD is ready to move up(07/31/2024)In our last analysis
We warned you about the incoming correction. After that, the price corrected over 130 pip.
Right now the price is hovering around 1.08 zone. Multilayer resistance on the 1.08 zone made this level solid.
So we are expecting a good reaction from this zone.
Our technical view has been shown in the chart.
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Eurusdshort
Sell EUR/USD Triangle BreakoutThe EUR/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.0852
Target Levels:
1st Support – 1.0816
2nd Support – 1.0801
Stop-Loss: To manage risk, place a stop-loss order above 1.0875. This helps limit potential losses if the price falls back unexpectedly.
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Eurusd trading analysis for this weak For this week, the EUR/USD pair is showing mixed signals. The pair experienced upward momentum due to recent data indicating stronger-than-expected economic performance in the Eurozone. However, the Federal Reserve's concerns about potential interest rate hikes are putting downward pressure on the pair. Traders should watch for key economic announcements, such as GDP and employment reports, which could influence the pair's movement. Support is around 1.1000, while resistance is near 1.1150. Monitoring market sentiment and global events that could impact the currency pair is crucial.
EUR/USD Short ideas from 1.08900 back downMy analysis for EUR/USD aligns with my outlook on other major pairs against the dollar, focusing on sell opportunities. The continued break of structure to the downside has left a promising 14-hour supply zone that looks ideal for short positions.
Within this zone, we might see a deeper mitigation of around 50%, making it easier to identify the UTAD (upthrust after distribution). Once the price forms a Wyckoff distribution on the lower time frame, I will look for a precise entry point.
Confluences for EU Shorts are as follows:
- Price currently formulating lower lows and lower highs.
- Supply zone on the 14hr that has caused a break of structure to the downside.
- Lots of liquidity to the downside in the form trend line and Asia lows.
- DXY (DOLLAR) is also bullish on the higher time so overall this is a PRO trend trade idea.
P.S. If the price continues to break down, I will be looking out for new supply zones until the price approaches the 23-hour demand zone, where short-term buys may become viable.
Remember NFP Friday this week so stay vigilant!
A Potential Short Opportunity on EURUSDHi guys.
right here we have a potential short opportunity on EURUSD and it is based off the 4hrs internal structure.
the 4hrs swing structure is bearish and now that the internal structure has aligned itself with the bigger swing structure, the expectation is that this bearish order flow will be maintained until we take out the swing low.
I am looking for strong bearish signal at the marked resistance levels.
EUR/USD Short ideas from 1.09100 or 1.09300My bias for EU is similar to GU, as I am mainly looking for sell opportunities. Last week’s price distribution across higher time frames has left promising zones to watch, specifically the 4-hour and 17-hour supply zones. If these zones are mitigated, I will look for redistribution within them.
If the price continues to drop, I will look for counter-trend trades to catch retracements, possibly from the 11-hour demand zone I’ve marked or the 5-hour demand zone if the price goes deeper.
Confluences for EU Sells:
Newly created supply zones near the UTAD show promising selling opportunities.
There is significant liquidity to the downside in the form of Asia lows and imbalances that need filling.
The dollar is bullish, aligning well with the bearish bias for EU.
This is a pro-trend trade on the higher time frame.
P.S. I will wait to see how the price action unfolds, as the current price is somewhat distant from my points of interest (POIs), but I expect the price to keep dropping.
EURUSD, Huge FALL Ahead ?Hello traders, hope you are doing great.
For upcoming week, I think we'll probably see an uptrend correction in EURUSD and after that we'll probably see a fall to specified Level. so with a proper trigger, we can open a LONG position at First and then ready for a SHORT position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
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Sell EURUSD Wedge BreaoutThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Rising Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.0895, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.0847
2nd Support – 1.0809
Stop-Loss: To manage risk, place a stop-loss order above 1.0925. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
EUR/USD Shorts from 1.09200 (Sell to Buy) My EU bias currently is to catch a temporary move down. As price approaches a high-quality 11-hour supply zone, I'll be watching for a Wyckoff distribution to confirm a sell opportunity.
Whether or not price mitigates the supply zone, I'm expecting it to retrace to a newly formed demand zone, ultimately aiming to make a new high. Therefore, once price reaches the 10-hour demand zone, I will be looking for buy opportunities.
Confluences for EU Sells are as follows :
- Price has been very bullish, breaking structure to the upside.
- The current trend is bullish, matching the dropping DXY.
- There is significant liquidity to the upside, with strong bullish candles on the higher time frame.
- Demand zones have been created near the current price, indicating potential for another rally.
P.S. Once price returns to the 10-hour demand zone, I will be on the lookout for a Change of Character (CHOCH) on the lower time frame to confirm my buy opportunities. For now, I'll wait to see how Monday's market opens.
EURUSD → SELL SIGNALToday we will have great volatility in the market, since the non-agricultural payrolls data comes out in the american session.
The euro has just made a new weekly high, but we still have candles with bearish pressure, so if the data is better than expected we will see the price fall to the 1.07500 - 1.07000 zone.
Guys, what do you think? Leave a comment with your thoughts.
EURUSD: Bearish Institutional Order Flow & Sell PotentialGreetings Traders!
Current Market Analysis:
At the moment, EURUSD is trading in deep premium prices, and the smaller timeframes have already started to shift into bearish institutional order flow. Given these conditions, we are looking for premium arrays to short the market into discount areas where we can book our profits.
Key Observations:
Premium Prices: Currently, EURUSD is in deep premium prices, making it an opportune moment to seek shorting opportunities into discount areas.
Bearish Institutional Order Flow: The shift into bearish institutional order flow on smaller timeframes signals a strong downward momentum.
Premium Arrays : Multiple premium arrays are aligned on the chart, indicating areas where the market is likely to respect and initiate new selling. These areas include:
Order Block: Anticipated as a level where new selling will occur.
Breaker Block: Expected to act as an institutional resistance level, where smart money mitigates buy orders and reinstates new selling orders.
FVG and Liquidity Void: Inefficiencies in these areas present fair value for smart money to short against.
Trading Strategy:
Focus on Confluence: The alignment of these premium arrays provides strong confluence, suggesting a continuation of the market's downward movement.
Target Levels: Our primary target is the H1 discount sell stops, where we will look to book our profits.
Conclusion:
By understanding the current bearish institutional order flow and leveraging the aligned premium arrays, we can effectively anticipate and execute short trades on EURUSD. The confluence provided by the order block, breaker block, FVG, and liquidity void supports a bearish outlook, guiding our strategy towards taking advantage of short opportunities in the market.
Happy Trading,
The_Architect
EUR/USD Shorts from 1.08600 back down.This week's forecast for EU is looking very promising for sells. I hope for price to break the current supply zone, although we might see a reaction from it before price reaches the daily supply zone above. This upper zone is a more valid level for taking sells.
If Monday opens with a sweep of the Asia high and a clear CHOCH, I might consider imminent sells from the current zone, but with lower risk as the POI is not ideal. From there, I expect price to drop into a demand zone, where I can look for new buying opportunities.
Confluences for EU Sells:
Price is in a supply zone and showing weakness in bullish pressure.
There is a daily supply zone above that holds good validity.
DXY is also in a demand zone, aligning with the negative correlation.
There is lots of liquidity and imbalance below, drawing price downward.
P.S. If price respects a nearby demand and breaks both supply zones, it will confirm a bullish bias, and I will start looking for buys.
EURUSD TO SELL (FRENCH ELECTIONS, EUR CPI, USD POWELL SPEECH)As the French elections was a determining factor his week to the Euro, we must take account of EURO CPI news and USD Speech from Powell today as well. Therefore, the pair has created resistance and it has the possibility to drop for a sell.
TP: 1.07 or below
Sell EUR/USD Channel BreakoutThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.0732, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.0699
2nd Support – 1.0675
Stop-Loss: To manage risk, place a stop-loss order above 1.0760. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
EURUSD capitulates this summer!I anticipate the Euro, Yuan and Yen all devaluing this summer against the dollar. I think it starts off with PBOC or BOJ devaluing which will start off a firestorm first by increasing the dollar to 140-160+. I anticipate that at a minimum we'll see .75-.80.
Also, the TTM Squeeze indicator is almost on every TF except monthly which will hit by this summer. That means a massive move is coming, that only a devaluation could explain.
Sell EUR/USD Bearish ChannelThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.0700, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.0653
2nd Support – 1.0634
Stop-Loss: To manage risk, place a stop-loss order above 1.0730. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
EURUSD Sell | Trade SetupEURUSD is moving in a descending channel under the trend lines.
The price wants to broke the dynamic support
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.
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EURUSD H4 / LOOKING FOR A SHORT TRADE FROM THE BEARISH OBHello Traders!
I am currently looking for bearish trade execution in case of retracement from the bearish OB. It represents my area of interest for the moment. I am waiting for confirmation.
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