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Euro / U.S. Dollar forum

14 minutes ago

looking at this for remainder of year. no trades just observing

4 hours ago

something to read

4 hours ago

Which trend will go on? I don't know. Good thing is, I don't have to know. I only have to react.

7 hours ago

maybe the terror attack in Germany will hane an impact on eurusd price... very unstable times..

8 hours ago

The best traders don’t just follow the markets they control their approach to them. They know when to push hard and when to pull back. By disconnecting for a moment, you’re giving yourself the clarity and focus to come back even stronger next week.
Happy Weekend.

12 hours ago

Short term bull. Should ride no higher than 1.048. Better play is sell.

13 hours ago

📊 EURUSD Intraday Trade Setups

💼 Trade Idea: Buy Intraday Trade Setup

🔹 Entry Price: ✨ 1.04241
🔹 Stop Loss: ❌ 1.04100
🔹 Take Profit 1: 🎯 1.04350
🔹 Take Profit 2: 🎯 1.04450

📌 Reason for Entry: The entry price of 1.04241 is near a key support level, confirmed by the daily Fibonacci retracement. The price action suggests a potential bullish reversal, targeting the resistance levels at 1.04350 and 1.04450. The stop loss is placed at 1.04100 to effectively manage risk.

💼 Trade Idea: Sell Intraday Trade Setup

🔹 Entry Price: ✨ 1.04527
🔹 Stop Loss: ❌ 1.04650
🔹 Take Profit 1: 🎯 1.04300
🔹 Take Profit 2: 🎯 1.04150

📌 Reason for Entry: The entry price of 1.04527 aligns with a strong resistance level based on the daily Fibonacci retracement. The market shows signs of weakness, suggesting a potential downward move. The first target is 1.04300, with the second target at 1.04150. The stop loss is set at 1.04650 to manage risk.

💡 Summary:
EURUSD is at important levels, with support at 1.04241 and resistance at 1.04527. The Buy Setup at 1.04241 targets 1.04350 and 1.04450, while the Sell Setup at 1.04527 targets 1.04300 and 1.04150. These setups are based on daily Fibonacci retracement levels and strong support/resistance zones.