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U.S. DOLLAR / EURO REFERENCE RATE

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U.S. DOLLAR / EURO REFERENCE RATE forum

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As we navigate the charts during this festive season, I want to take a moment to personally wish everyone joy, peace, and success. May this holiday period bring you blessings and abundance, both in life and in trading.

Stay focused, protect your positions, and let’s close the year strong together! " Whispered Trades are making a comeback. "

Warm wishes to you and your loved ones.

-Zak
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EURUSD will it be a gapdown on opening? cause geopolitical issues?

EURUSD No more than 1 trade a day keeps the head doctor away.

EURUSD looking at this for remainder of year. no trades just observing
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something to read
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EURUSD Which trend will go on? I don't know. Good thing is, I don't have to know. I only have to react.
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EURUSD maybe the terror attack in Germany will hane an impact on eurusd price... very unstable times..

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.

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

EURUSD
📊 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.