EUR/USD is showing strong bullish signs across both the weekly and daily timeframes, suggesting a potential macro trend reversal in the making. After being trapped below a long-term descending trendline for nearly two years, price has not only broken out but also successfully retested the breakout zone — a key validation for trend continuation.
On the daily chart, a Golden Crossover is now forming, which historically precedes major uptrends in forex pairs. Combined with reclaiming key structural levels and building higher lows, EUR/USD could be positioning for a powerful upside move in Q2 2025.
Let’s dive into the multi-timeframe analysis to understand why this setup could be one of the cleanest trend reversals on the board.
1W Timeframe – Macro Breakout in Progress
EUR/USD has officially broken out of a long-standing descending resistance trendline. This breakout occurred from a structurally important zone that had acted as a ceiling for over 2 years.
📌 Key Observations:
🔹 Price reclaimed and held above the key resistance zone, turning it into strong support.
🔹 Minor resistance zones lie ahead, but structure favors further upside.
🔹 Projection shows potential continuation toward 1.16+ if momentum sustains.
1D Timeframe – Bullish Retest + Golden Cross Forming
Zooming into the daily chart, we see:
✅ A successful retest of the breakout zone, which held as support (bullish confirmation).
✅ Price is now forming a Golden Crossover – where the 50 EMA is crossing above the 200 EMA. This is typically seen as a strong bullish signal in trending markets.
📌 What’s Bullish:
Clean breakout ✔️
Retest with strength ✔️
Momentum crossover ✔️
EUR/USD is now in a strong bullish structure, backed by a confirmed breakout on the weekly and a golden crossover on the daily. If price holds above 1.09, we may see continued upside toward 1.13–1.16 levels in the coming weeks.
Thank you for reading and supporting @unichartz. If you found this analysis helpful, don’t forget to like, follow, and share! 💙
On the daily chart, a Golden Crossover is now forming, which historically precedes major uptrends in forex pairs. Combined with reclaiming key structural levels and building higher lows, EUR/USD could be positioning for a powerful upside move in Q2 2025.
Let’s dive into the multi-timeframe analysis to understand why this setup could be one of the cleanest trend reversals on the board.
1W Timeframe – Macro Breakout in Progress
EUR/USD has officially broken out of a long-standing descending resistance trendline. This breakout occurred from a structurally important zone that had acted as a ceiling for over 2 years.
📌 Key Observations:
🔹 Price reclaimed and held above the key resistance zone, turning it into strong support.
🔹 Minor resistance zones lie ahead, but structure favors further upside.
🔹 Projection shows potential continuation toward 1.16+ if momentum sustains.
1D Timeframe – Bullish Retest + Golden Cross Forming
Zooming into the daily chart, we see:
✅ A successful retest of the breakout zone, which held as support (bullish confirmation).
✅ Price is now forming a Golden Crossover – where the 50 EMA is crossing above the 200 EMA. This is typically seen as a strong bullish signal in trending markets.
📌 What’s Bullish:
Clean breakout ✔️
Retest with strength ✔️
Momentum crossover ✔️
EUR/USD is now in a strong bullish structure, backed by a confirmed breakout on the weekly and a golden crossover on the daily. If price holds above 1.09, we may see continued upside toward 1.13–1.16 levels in the coming weeks.
Thank you for reading and supporting @unichartz. If you found this analysis helpful, don’t forget to like, follow, and share! 💙
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.