.png){kind=logo}
💬 WhatsApp Kohinoor Free VIP Signals for FREE Gold Forex Live Trade Setups & Market Analysis
Intraday Trading Signals for EURUSD 👉 https://www.freevipforexgoldsignals.com 🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
📈 Signal 1 - Buy EURUSD
Entry Price: 1.09690
Stop Loss: 1.09350
Take Profit 1: 1.10000
Take Profit 2: 1.10250
📉 Signal 2 - Sell EURUSD
Entry Price: 1.09400
Stop Loss: 1.09750
Take Profit 1: 1.09050
Take Profit 2: 1.08800
💡 Disclaimer:Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.
EURUSD Market Analysis – Daily and 4-Hour Timeframes
The EURUSD pair is currently trading around 1.09659 USD, with market conditions indicating potential movements influenced by support & resistance levels, EMAs, Fibonacci retracement levels, and key fundamental drivers such as upcoming USD news events.
Key Support & Resistance Levels
Daily Support Levels:
1.09400
1.09050
1.08700
Daily Resistance Levels:
1.10000
1.10250
1.10500
On the 4-hour chart, EURUSD is finding strong resistance around 1.10250 while testing support near 1.09400. A breakout beyond these levels could determine the trend direction for the rest of the day.
Fibonacci Retracement Levels:
Using Fibonacci retracement from the last swing high at 1.10500 to the recent swing low at 1.09000, the key retracement levels are as follows:
23.6%: 1.09350
38.2%: 1.09600
61.8%: 1.09850
Traders should keep an eye on the 38.2% level at 1.09600, which is aligned with the key support zone. A break below this level could push EURUSD lower toward the 1.09000 level.
Exponential Moving Averages (EMA):
Daily Timeframe EMA Levels:
50 EMA: 1.09800
100 EMA: 1.09500
200 EMA: 1.09000
400 EMA: 1.0845
4-Hour Timeframe EMA Levels:
50 EMA: 1.09550
100 EMA: 1.09400
200 EMA: 1.09200
400 EMA: 1.08850
The EURUSD price is currently hovering between the 50 EMA and 100 EMA on the daily chart, indicating a possible consolidation phase. A break above the 50 EMA could signal a bullish continuation, while a drop below the 100 EMA might prompt further declines.
RSI Divergence
The RSI on both daily and 4-hour timeframes is showing bearish divergence, indicating potential downside momentum for the EURUSD pair. RSI values are currently around 55 on the daily chart, suggesting a neutral bias. However, if the RSI dips below 50, it could confirm a bearish trend.
Weekly and Daily Pivots
Weekly Pivot Levels:
R1: 1.10050
Pivot: 1.09600
S1: 1.09250
Daily Pivot Levels:
R1: 1.09800
Pivot: 1.09500
S1: 1.09200
The EURUSD price is currently trading around the weekly pivot level of 1.09600, suggesting indecision in the market. The daily pivot at 1.09500 serves as a critical support level, and a bounce from this zone could lead to further upside movements.
Smart Money Concepts (SMC) and Order Blocks:
The order blocks on the 4-hour chart show a significant demand zone around 1.09200-1.09000, indicating potential buy interest in this area. On the supply side, the 1.10200-1.10450 zone remains a critical resistance area where sellers could step in.
MACD Analysis
The MACD on the daily timeframe is trending downward, with a bearish crossover evident. The histogram is also in negative territory, signaling potential downside pressure in the coming days.
💡 Daily Analysis Summary
👉 Get FREE Signals: https://www.freevipforexgoldsignals.com 🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
Support Levels:
Daily: 1.09400, 1.09050, 1.08700
4-Hour: 1.09400, 1.09250
Resistance Levels:
Daily: 1.10000, 1.10250, 1.10500
4-Hour: 1.10050, 1.10250
EMA Levels:
Daily: 50 EMA: 1.09800, 100 EMA: 1.09500, 200 EMA: 1.09000, 400 EMA: 1.08450
4-Hour: 50 EMA: 1.09550, 100 EMA: 1.09400, 200 EMA: 1.09200, 400 EMA: 1.08850
Fibonacci Levels: 38.2% at 1.09600, 61.8% at 1.09850
RSI: Neutral, bearish divergence
MACD: Bearish trend
Fundamental Analysis & Upcoming USD News
🔔 Important USD News This Week:
CPI Data Release: Expected volatility in the USD. A stronger CPI could push the USD higher, putting pressure on EURUSD.
Federal Reserve Meeting: Traders should closely monitor Fed Chair Powell's remarks on inflation and interest rates.
FAQs
1.Why is Kohinoor Free VIP Signals the best signal provider?
Kohinoor Free VIP Signals provides accurate and FREE Forex signals, daily analysis, and educational content for traders.
Learn more:👉 https://www.freevipforexgoldsignals.com/about-kohinoor-vip-signals
2.Which brokers are trusted for Gold Forex Crypto trading? Recommended brokers based on client feedback include:
3.What are the best strategies for trading EURUSD?
Using Fibonacci retracement, EMA, and MACD indicators on daily and 4-hour timeframes are effective in determining EURUSD trends.
4.How to manage risk in Forex trading?
Use stop-loss orders, trade with proper risk management, and limit your exposure to volatile news events.
5.What is the impact of economic news on Forex markets?
Economic news like CPI and Federal Reserve updates create high volatility, especially for pairs like EURUSD.
6.What is the best time to trade EURUSD?
The London and New York sessions offer the most liquidity and volatility for trading EURUSD.
7.How to read Forex trading signals?
Follow entry, stop loss, and take profit instructions provided in signal alerts. Manage trades based on market conditions.
8.What are Forex trading order blocks? Order blocks represent areas where large institutional traders are buying or selling. These levels act as strong support or resistance. Hashtags: #EURUSD #ForexTrading #ForexSignals #KohinoorFreeVIPSignals #EURUSDAnalysis #DailyForexAnalysis #FreeForexSignals #VIPForexSignals #TradingEducation #FXTrading #IntradaySignals #ForexMarket #TradingAnalysis #EMA #RSIDivergence #SmartMoneyConcepts #OrderBlocks #SupportAndResistance #Fibonacci
Comments