EURUSD only | Page 10106 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Trading EURUSD only 43,756 replies

Eurusd-5m Trading Only 110 replies

LIVE Trades Only : EURUSD & GBPUSD 123 replies

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Script to change EA to long only/ short only at a price level? 1 reply

Attachments: EURUSD only
Exit Attachments

EURUSD only

  • #202,101
  • Oct 10, 2024 5:50am Oct 10, 2024 5:50am
Quoting Ata-Turkoglu
{quote} Based on your demo history, I am thinking out loud that you should be posting in another thread where you have best results... not here... Best wishes
That's an automated trading demo account, its just left there to do its own thing
while the objective is profit, the job description is risk management
  • #202,102
  • Oct 10, 2024 5:51am Oct 10, 2024 5:51am
5m
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
while the objective is profit, the job description is risk management
  • #202,103
  • Oct 10, 2024 6:50am Oct 10, 2024 6:50am
Weekly 50% Fib hit
Weekly Triangle Line Top (blue Line)

Bull / Bear Line Area (Green)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 251 KB
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
  • #202,104
  • Oct 10, 2024 7:37am Oct 10, 2024 7:37am
Quoting Ata-Turkoglu
Quick DAILY Outlook We arrived at a very crucial level: ~1.0920 area.. The rim of the big ellipse... We either break below and keep falling with much faster speeds OR we bounce back up that triggers a larger choppy phase... Let's see... *I am also noticing macd divergence on my H1 chart... {image}
The mentioned fight has begun.. Let's see... nam nam nam nammm!
Focus only on what truly matters!
  • #202,105
  • Oct 10, 2024 9:08am Oct 10, 2024 9:08am
Quoting Traderview
what is it guys 200 sma 1.0870 or 1.09. Question is is it going to touch 1.0870 today or tomorrow. lets see
bulls better pray the day to close above 1.0950.
  • #202,106
  • Edited 9:54am Oct 10, 2024 9:29am | Edited 9:54am
Well, it looks as the DXY is rolling over to the trendline it broke yesterday. If this does not hold, we could get a fake breakout.

Attached Image (click to enlarge)
Click to Enlarge Name: USDXH4_101024.png Size: 36 KB


UPDATE: No, not yet...
  • #202,107
  • Oct 10, 2024 9:55am Oct 10, 2024 9:55am
Quoting zippo22
Well, it looks as the DXY is rolling over to the trendline it broke yesterday. If this does not hold, we could get a fake breakout. {image}
this gonna fake breakout , i can see the divergence on rsi and its happening on high value, it will drop soon, both rsi periode 14 have divergence on eurusd and usdx
  • #202,108
  • Oct 10, 2024 10:03am Oct 10, 2024 10:03am
Quoting anilamil
{quote} this gonna fake breakout , i can see the divergence on rsi and its happening on high value, it will drop soon, both rsi periode 14 have divergence on eurusd and usdx
Quite possible, the DXY had an incredible run and 103.00+- was historically always a pivot or resistance/support area. With today we had in a very short timeframe 7 green full body candles. A retracement is due.
  • #202,109
  • Oct 10, 2024 10:22am Oct 10, 2024 10:22am
Quoting zippo22
{quote} Quite possible, the DXY had an incredible run and 103.00+- was historically always a pivot or resistance/support area. With today we had in a very short timeframe 7 green full body candles. A retracement is due.
its start... retest 0970 - 0980...
  • #202,110
  • Oct 10, 2024 12:08pm Oct 10, 2024 12:08pm
Quoting mehantrader
Daily tf trader here... I see you are mostly thinking about a support right here but the trend I'm seeing seems very powerful. Has potential to even go to 1.077. Sold on 1.094 SL right on 1.104. Might be wrong and if it hits the SL it shows that the support has worked.
going very well, I'm very optimistic for going down.
Trend following
  • #202,111
  • Oct 10, 2024 1:17pm Oct 10, 2024 1:17pm
Based on H1, we are now at very critical level again: 1.0932...??? Let's see...
Focus only on what truly matters!
  • #202,112
  • Oct 10, 2024 7:38pm Oct 10, 2024 7:38pm
The decline continues but fades somewhat, there is a long wick on yesterday's bearish candle. RSI level 36 is near the oversold zone. Today we are waiting for US PPI data.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 11 10 2024 d1.png Size: 14 KB
I trade at FXOpen
  • #202,113
  • Oct 10, 2024 7:42pm Oct 10, 2024 7:42pm
I have 1.0960 and 1.0975 as best sell prices before the major buy opportunity at 1.0850. D1 TF and up.
  • #202,114
  • Oct 10, 2024 8:56pm Oct 10, 2024 8:56pm
1.0860 may be the best price to long in order to tp at 1.12
  • #202,115
  • Oct 11, 2024 12:30am Oct 11, 2024 12:30am
Quoting Ata-Turkoglu
Based on H1, we are now at very critical level again: 1.0932...??? Let's see...
On H1, bulls are wasting time at sea level... Once these idle and limbo hours are over, I want to see if 1.0920 truly supports or not...

While above 1.0920, lazy bulls have the upper hand!

Trade cautious today.. Don't get fried!

Happy Friday to all...
Focus only on what truly matters!
  • #202,116
  • Oct 11, 2024 12:48am Oct 11, 2024 12:48am
Happy Friday traders!

Yesterday looks like it was a difficult day for the dollar, leaving a pretty tired looking doji on the daily, extending well beyond the previous days high.

Might this support the bullish signals we're seeing on the EU .... Green pips y'all
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
Don't you know that I'm loco ...
  • #202,117
  • Oct 11, 2024 2:24am Oct 11, 2024 2:24am
Quoting RedAllOver
Happy Friday traders! Yesterday looks like it was a difficult day for the dollar, leaving a pretty tired looking doji on the daily, extending well beyond the previous days high. Might this support the bullish signals we're seeing on the EU .... Green pips y'all {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
  • #202,118
  • Oct 11, 2024 3:21am Oct 11, 2024 3:21am
So this is my first fundamental analysis in this forum:

EUR/USD Analysis (1D and 1W TF)

US Perspective
- US 10Y Treasury yields and DXY are both near resistance levels in the weekly timeframe. If they break resistance, it will confirm USD strength.
- The slightly higher-than-expected CPI combined with hawkish Fed tones reduces the likelihood of a 50 BPS rate cut, aligning with an 84.3% probability of a 25 BPS cut in November.
- The Fed has avoided a recession, and economic recovery is likely next quarter. Pre-election volatility may stabilize post-elections.
- USD could also benefit from safe haven flows if geopolitical tensions escalate.

EUR Perspective
- Eurozone yield curves are falling, creating a yield gap that favors USD.
- Germany's weakening trade balance, negative Q2 GDP, and a shortage of skilled workers weaken sentiment.
- Falling investor confidence and expectations of a 25 BPS ECB rate cut in October, along with easing inflation, indicate further EUR weakening.

Conclusion:
The USD is likely to strengthen, while the EUR may suffer due to weaker economic data, lower yields, and expected ECB rate cuts.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-10-11 122100.jpg Size: 39 KB
  • #202,119
  • Oct 11, 2024 4:36am Oct 11, 2024 4:36am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
  • #202,120
  • Oct 11, 2024 4:56am Oct 11, 2024 4:56am
Based on H1, and from here on forwards it is all about ~1.0944...

While below, bears still have the upper hand! Can bulls take that level back? Can bulls at least protect 1.0920?

We should know until the end of this day...
Focus only on what truly matters!
527 traders viewing now, 3 are registered:
oordjb
,
Erufe
,
stealyerface