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Euro may drop to 1.1200 points, exiting from pennant patternHello traders, I want share with you my opinion about Euro. Earlier, the price was growing steadily inside an upward pennant, following a strong breakout from the buyer zone. This impulse pushed the market higher toward the current support level at 1.1300, where the price found a temporary stabilization. Afterward, EUR moved into a range phase, trading sideways between local highs and lows. Despite several attempts to break higher, the market repeatedly showed weakness near the upper boundary, resulting in multiple turnarounds. Each bounce up was followed by lower highs, forming the descending resistance line of the pennant, while buyers defended the support area. Currently, the market is squeezed between the resistance and support lines, forming a classic compression pattern. Price action reveals increasing pressure on the support, and recent rebounds are becoming weaker, a clear sign of buyers losing momentum. In my view, the overall market situation has shifted from a strong bullish impulse toward a potential downside correction. So, given the breakdown structure forming and the price testing the lower side of the pennant multiple times, I expect a bearish breakout soon. My current TP1 is the 1.1200 points level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
8
EURO - Price can bounce up of support level to top part of flatHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price traded inside a triangle, where it broke $1.0920 level and then made a correction to this level. Then price exited from triangle pattern, retesting and then made upward impulse to $1.1310 level, which coincided with support area. Next, Euro started to traded inside flat, wher it soon broke $1.1310 level, but then it made correction. After this movement, price in a short time rose to the top part of flat, where it turned around and bounced down to $1.1310 level. Price tired to grow, but failed and continued to trading near this level, and even recently it bounced. So, in this moment, I expect that Euro can bounce up from support level to $1.1575 top part of the flat. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
8
EURUSD below its 4H MA50 signals more selling.The EURUSD pair broke last Wednesday below its 4H MA50 for the first time since the start of April and is now consolidating under it. Within its 3-month Channel Up, this has always been a signal of more downtrend to come as it was technically halfway through the Bearish Legs of the pattern. Given that the 4H MA200 (orange trend-line) is the medium-term Support, our Target is at 1.12500, just above the Internal Higher Lows trend-line. Check also the 4H RSI sequences between these 3 Bearish Legs. It is exactly ranging between the levels it did half-way through those Legs. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Forex Grid Trading Overview: Practical Guide for 2025Forex Grid Trading Strategy: Detailed Overview & Low-Risk EUR/USD Application 1️⃣ What Is Grid Trading? A grid trading strategy places a series of **buy** and **sell** orders at fixed intervals (“grid levels”) above and below a base price, without forecasting market direction. As price oscillates, it triggers orders across the grid, locking in small profits on each swing. - **No Directional Bias** – Profits on both up- and down-moves - **Automated Entry/Exit** – Ideal for Expert Advisors (EAs) on MT4/MT5 - **Scalable** – Grid size and lot sizing can be tailored to account size and volatility 2️⃣ How It Works – Core Components 1. **Grid Levels** - Define a **base price** (e.g. current EUR/USD mid) - Set **intervals** (e.g. every 20 pips) above/below the base 2. **Orders** - **Buy Limit** orders at 20, 40, 60 pips below base - **Sell Limit** orders at 20, 40, 60 pips above base 3. **Take Profit (TP) for Each Order** - TP typically equals the grid interval (e.g. 20 pips) so each triggered order nets a small profit - No hard Stop Loss per order—risk is managed via overall exposure 4. **Cumulative P&L** - Winning trades roll profits into the floating drawdown of unfilled orders - As price oscillates, the grid “locks in” incremental gains 3️⃣ Pros & Cons | Pros | Cons | |---------------------------------------|------------------------------------------| | ✅ Profits in ranging markets | ❌ Can incur large drawdowns in strong trends | | ✅ Automated, systematic execution | ❌ Requires significant margin for multiple open trades | | ✅ Scalable to any time-frame | ❌ Floating negative exposure if grid one-sided | --- ✅Low-Risk Best Practices 1. **Grid Spacing & Width** - Wider grid intervals (e.g. 30–50 pips) reduce order density and margin use - Use **ATR** (Average True Range) to adapt spacing to EUR/USD volatility 2. **Lot Sizing & Equity Risk** - Risk ≤ 1–2% equity per full grid cycle - Use **fixed fractional** sizing: each order size = (Equity × 1%) / (max number of open grid orders) 3. **Drawdown Control** - **Maximum Open Orders** cap (e.g. 5 orders per side) - **Equity Stop-Out**: if floating drawdown exceeds e.g. 10% of equity, close all orders 4. **Trend Filters** - Use a **200-period SMA** or **ADX** filter: only enable sell grid if price < SMA (downtrend) or ADX < 25 (low momentum) - Disables grid in strong one-way trends 5. **Grid Shifting / Re-Base** - After a net grid profit, **shift** the base price to current mid to reset exposure - Prevents runaway open trades far from current price 5️⃣ Step-by-Step: Applying to EUR/USD 1. **Choose Time-Frame** - **H4 or H1** recommended: balances signal frequency and margin needs 2. **Define Grid Parameters** - **Base Price:** current EUR/USD mid (e.g. 1.0980) - **Interval:** 30 pips (≈ recent ATR on H4) - **Levels:** 3 buys at 1.0950 / 1.0920 / 1.0890; 3 sells at 1.1010 / 1.1040 / 1.1070 3. **Set Order Size** - Account equity $10 000, risk 1% = $100 per full grid - Max open orders 6 → each order $100/6 ≈ $16.7 → ≈ 0.02 lots 4. **Configure TP & No SL** - Each order TP = 30 pips (equals interval) - No per-order SL; overall drawdown managed by equity stop 5. **Implement Filters** - Only open **sell** grid if H4 close < 200-SMA; only open **buy** grid if H4 close > 200-SMA - Pause grid if ADX > 30 (strong trend) or market events (e.g. NFP, ECB rate decision) 6. **Deploy & Monitor** - Run on MT4 with an EA or semi-automated Expert Advisor - Monitor margin usage; adjust grid or disable before major news 6️⃣ Example P&L Mechanics | Trigger Price | Order Type | Entry | TP Target | Profit (pips) | |---------------|------------|---------|-----------|---------------| | 1.0950 | Buy Limit | 1.0950 | 1.0980 | 30 | | 1.0980 | Sell Limit | 1.0980 | 1.1010 | 30 | - If price moves down to 1.0950: buy executes, TP at 1.0980 nets +30 pips - If price then climbs above base, sells trigger at 1.1010 nets +30 pips 2️⃣ Introducing Progressive & Regressive Scaling 🔼 2.1 Progressive Scaling “Let winners run”—increase exposure after success Concept: After each profitable grid cycle, step up your lot size by a fixed increment. Why: Capitalizes on momentum and winning streaks. How to apply: Base Lot: 0.02 lots per order (1% equity risk). After grid closes net-positive, next cycle = 0.03 lots. Continue stepping up (0.04, 0.05 …) until a drawdown or equity-stop is hit. Reset back to base lot after a losing cycle or whenever floating drawdown > 5%. Caps & Safeguards: Max Lot Cap: Never exceed 0.10 lots (or 2% equity risk). Equity Stop: If floating drawdown > 10%, close cycle & reset. 🔽 2.2 Regressive Scaling “Protect the downside”—reduce exposure after losses Concept: After a losing grid cycle, step down your lot size to conserve capital. Why: Limits damage during rough periods and preserves margin. How to apply: Base Lot: 0.02 lots per order. If grid hits equity-stop or nets negative, next cycle = 0.015 lots. Continue stepping down (0.01, 0.005) until you record a net-positive cycle. Reset to base lot after recovery (e.g. two consecutive winning cycles). Thresholds: Don’t drop below 0.005 lots (to avoid over-shrinking). After two winning cycles at reduced lot, return to base. ✅ Bottom Line Forex grid trading on EUR/USD can generate steady gains in choppy markets—but demands **strict risk controls** (grid spacing, lot sizing, drawdown limits) and **trend filters** to avoid large losses in trending conditions. When properly applied, a low-risk grid on EUR/USD offers a robust, mostly hands-off strategy for capturing repetitive market swings. 4️⃣ Key Takeaways Progressive Scaling lifts lot sizes on winning streaks, amplifying gains—but must be capped and reset on losses. Regressive Scaling shrinks exposure after drawdowns, preserving capital until the strategy recovers. Combine both with your grid’s risk parameters, trend filter, and a solid equity-stop to maintain a balanced, low-risk EUR/USD grid. By layering scaling rules atop your grid, you adapt dynamically to market performance—maximizing winners and protecting against prolonged losing runs. Good luck! 🚀
Education
by ProjectSyndicate
37
HelenP. I Euro may decline to support zone and then start growHi folks today I'm prepared for you Euro analytics. After a prolonged sideways movement and an extended period of uncertainty, price has finally shifted gears. The pair, which had been trading inside a broad consolidation range, has recently demonstrated a clear bullish structure with strong upward momentum. The initial push started from the 1.0350 - 1.0400 support zone, where the price reacted several times, forming a solid base. From that point, bulls gradually gained control, leading to a breakout above both the upper consolidation boundary and the trend line. Following the breakout, the price surged through the next major support area around 1.0850 points, confirming the continuation of the bullish cycle. After this impulse, the Euro paused briefly around 1.1250 - 1.1300, establishing a new support zone before making another push higher. This new structure has now become a key area of interest, as price is currently testing it again from above. Now EUR is trading near 1.1330 points, within a tight consolidation that formed after touching the 1.1500 resistance. I expect that URUSD will undergo a temporary correction toward the support zone, followed by a continuation of the upward movement. My target remains at 1.1500, where the price may meet resistance once again. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
8
Euro may rebound from support line of wegde and continue growHello traders, I want share with you my opinion about Euro. For a while, price was consolidating in a flat range, bouncing between support near 1.0735 and resistance close to 1.0950 points. The price showed multiple rejections from the buyer zone, indicating strong interest from bulls around that area. Eventually, this led to a breakout to the upside, accompanied by a sharp impulse movement. After the breakout, the pair formed a steady upward wedge pattern, where both support and resistance lines were respected. This pattern helped channel the bullish pressure, allowing the price to gradually push higher while also offering clear correction zones. One of those zones, the support area, is particularly important. Price bounced off this area again recently, signaling that buyers are still in control. The market is currently recovering from a local correction and showing early signs of continued growth, as visible from the bounce off the wedge's support line and the area around the current support level. Given this structure, the breakout from range, the formation of the wedge, and the consistent support reaction, I expect the Euro may to continue its movement upward. So, that's why I set my TP at 1.1550 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
13
EURO - Price can correct to support area and then bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 After consolidating in a broad range for several weeks, Euro made a strong breakout and entered an ascending channel. The price respected this pattern twice, forming clear support and resistance touches, and confirming trend direction. Most recently, the Euro surged and reached the upper boundary of the new rising channel, but quickly pulled back. Currently, it’s testing the $1.1380 support area, which also aligns with the channel base, creating a confluence zone. Given this context, I anticipate a bounce from this support and continuation of bullish structure toward $1.1670 This level represents the channel top and may act as the next key resistance zone. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
8
Euro H4 | Pullback resistance at 50% Fibonacci retracementThe Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.1426 which is a pullback resistance that aligns close to the 50.0% Fibonacci retracement. Stop loss is at 1.1583 which is a level that sits a swing-high resistance. Take profit is at 1.1274 which is a swing-low support that aligns close to the 38.2% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
Euro can drop from top part of range and fall to support levelHello traders, I want share with you my opinion about Euro. Recently, price continued to grow inside a well-defined upward channel, maintaining a steady structure of higher highs and higher lows. The move started after a clear breakout from the buyer zone, which marked a strong bullish impulse and confirmed support near the 1.0735 level. After this breakout, the price gradually climbed, eventually entering a horizontal range, where it started to consolidate between local support and resistance. The current support level has held firm and now aligns with the lower boundary of the range as well as the support area. At the moment, the Euro is approaching the upper boundary of the range. Given the repeated reactions from this resistance zone, I expect the price to make one more push upward, retesting the top of the range, and then reverse downward toward the lower boundary, with TP1 set at 1.1270, where demand and structure are likely to react again. This short-term setup aligns with the current channel structure, the strength of the support area, and the repeated rejection from the range highs. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
13
+300/+500 pips EURJPY Swing Trade Setup H4 TF🏆 EURJPY Market Update H4 chart 📊 Technical Outlook 🔸trading in well defined range 🔸Short-term: BULLS final pump 🔸Mid-term: BEARS 158.00 🔸Status: REVERSAL from S/R 🔸163.50/165.00 heavy resistances 🔸158.00/156.00 key s/r zones below 🔸Price Target Bears: 158 🔸Price Target BULLS: 1140/1160 🔸strategy: SHORT SELL 163.50 🔸SL 75 pips TP1 +300 pips TP2 +500 pips 🔸swing trade setup for patient traders 📊 Forex Market Update (April 23, 2025) 🇪🇺 EUR/USD 📉 Price: ~1.1380 💪 Pressure from strong USD 🔻 Weak German PMI; ECB may cut rates ⚠️ Key Levels: Support 1.1300 | Resistance 1.1400 🇬🇧 GBP/USD 📉 Price: ~1.3300 (Down from 7-month high at 1.3424) 🇺🇸 USD rebound on Trump's comments 🏦 Market cautious on BoE policy ⚠️ Key Levels: Support 1.3280 | Resistance 1.3420 🇺🇸 DXY (US Dollar Index) 📈 Price: 99.18 (Recovering from recent low 97.92) 🗣️ Boosted by Trump reassurance on Fed leadership ⚠️ Remains pressured by trade tensions & Fed concerns 📌 Key Levels: Support 95, 90 | Resistance 101, 107 🔔 Market Volatility Alert: Watch for geopolitical updates & central bank news closely!
Short
by ProjectSyndicate
20
$DXY Repeating 2016 Post-Election I have highlighted the 2016 to 2020 Presidential Elections time period and then pasted that timeframe onto the 2024 election and found that the pattern is going along very similarly to Trump 1.0. If we assume that the future unfolds the same as last time, which is low probability, of course, then the future will unfold as shown in the yellow bars going into the future, as shown. Initially in 2016 post election there was a 7% rally in the U.S. Dollar Index and then a 15% retreat for the following year. So far in 2025 we have seen the same rally and a similar decline, but only faster this time. It would appear as thought the bulk majority of the declines in the TVC:DXY are over at this time with perhaps 4% further downside over the balance of the year. The Dollar Index has been useful for predicting changes in the earnings estimates for the S&P500 in the USA due to the high percentage of earnings coming back to the US for quarterly reporting. I have posted a few charts in the past which have been helpful at determining the risk in the stock market. The behavior of the global central banks has certainly had its impact on monetary aggregates and inflation. The policy response since the Covid Pandemic has been for maximum liquidity and maximum Government spending to keep the global economy afloat. The post-Covid response is now coming to a head along with new policy directives to cut wasteful Government spending and to reduce inflation (caused the Gov't spending). Global investors have flocked to the US for access to high technology stocks and have driven up the value of US assets to extreme levels compared to other markets. This adjustment phase where investors remove money from overvalued, or highly valued, US assets back to other markets has created a wave of selling in the US Dollar and US listed equities. What does the future hold? We never know but we sure can learn from what happened in the past by looking at charts just like this one to see what may happen. Looks like a bounce in the TVC:DXY from here, followed by a new low and then a rebound into the next few years. All the best, Tim April 22, 2025 1:16PM EST TVC:DXY 98.78 last
TVC:DXYShort
by timwest
5
EURUSD | Short‑Term Pullback Meets First Support ZoneI know a lot of you have been watching EURUSD closely. With recent developments, we could see a modest dip before the next leg up in the euro. What’s Driving the Dollar End of Market Indecision As uncertainty fades, the dollar’s safe‑haven appeal eases. Investors feel more confident stepping into riskier assets. U.S.–China Dialogue News that the U.S. and China are ready to resume high‑level talks removes a huge overhang. Less trade‑war fear means less upward pressure on USD. Solid Economic Data Last week’s jobless claims and employment figures were far from recession‑level weakness. That supports the dollar in the near term. Short‑Term Outlook Putting these factors together, EURUSD may unwind some of its recent gains. Sellers could push price lower into the blue box, which marks our first support area. Long‑Term Perspective Even so, remember that President Trump’s ongoing policy surprises tend to rattle confidence in the dollar over time. Once this short‑term pullback is over, the euro stands to resume its broader uptrend. How to Trade It Wait for price to dip into the blue box Look for lower‑time‑frame bullish breaks confirmed by CDV signals Enter a long only when you see a clean structure shift and volume support If price breaks below the blue box without a retest, stay out or reassess This approach keeps risk tight and lets the market prove itself first. Many traders jump in too early. If you follow these steps, you’ll join the move with conviction rather than guesswork. I’ve built my track record by trading exactly this way—patiently and with clear confirmations. Stay tuned and let’s capture the next leg up together. 📌I keep my charts clean and simple because I believe clarity leads to better decisions. 📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups. 📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. 🔑I have a long list of my proven technique below: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely 📊 XNOUSDT %80 Reaction with a Simple Blue Box! 📊 BELUSDT Amazing %120 Reaction! I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Long
by UmutTrades
EURUSD 3 TARGETS for selling 3 TOPS. The 5 year cheat-sheet!The EURUSD pair opened the week with a strong rally already due to the fundamentals surrounding the recent Tariff news. The 1W RSI is overbought at 74.00 and it hasn't been that high since January 22 2018. That was a long-term Top for EURUSD that initiated a 2-year downtrend until the March 2020 COVID crash and the start of massive rate hiking. Even the last two times that the RSI came close to such overbought levels, the pair started a 6-month peak formation pattern with 3 Highs that offered solid short entries before the eventual larger downtrend. Those periods were January 30 2023 - July 17 2023 and August 31 2020 - May 24 2021. Given that EURUSD is now trading within a long-term Channel Up (blue) and just formed a 1D MA50/ 1W MA50 Bullish Cross, we are closer to High (1) than not, since every time that is formed close to the standard +16.19% rise from the bottom. For those successive Highs, our long-term sell targets will be 1.12500, 1.13250 and 1.12000 on the 0.382 Fibonacci retracement level respectively. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
EURO - Price can fall to $1.1200 points, exiting from triangleHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Price first broke out of a falling wedge pattern, kicking off a sharp rally that gained serious momentum. The move ran into resistance at $1.1440, where price began stalling and transitioned into a triangle setup. Since then, price has been wedged inside the triangle, testing highs but struggling to break convincingly. The support trendline still holds, but each push upward is met with rejection near the resistance ceiling. Momentum is fading, and with volume drying up, a downside move is becoming more likely from this zone. I expect that the Euro can break lower from the triangle and fall to $1.1200 points in the upcoming sessions. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
3
EURGBP | A Shift in Market Dynamics: GBP to Gain StrengthThe current environment, driven by increasing uncertainty in the dollar, presents a unique opportunity in the EURGBP trading pair. With the Eurozone having lowered interest rates, the euro has gained value somewhat unnecessarily, largely in response to some of the illogical market moves we've seen from the Trump era. However, as the volatility from such unpredictable actions settles down, the British pound (GBP) will likely make a comeback. 📉 Euro's Overvaluation and GBP's Stability While the Euro has benefited from these external factors, its recent strength is arguably not reflective of the underlying economic realities. On the other hand, the British pound has maintained stability with consistent interest rates. This relative calmness has allowed GBP to gain strength against the euro over time. 📈 GBP Will Play Catch-Up As we move forward, the GBP is poised to compensate for its recent underperformance. The Bank of England's steady approach to interest rates will provide a solid foundation for the pound to regain lost ground. In contrast, the euro may struggle to sustain its current levels, particularly with the potential risks surrounding further economic policies in the Eurozone. 🔍 Trade Strategy for EURGBP As a trader, I see EURGBP as a clear short opportunity, with the pound likely to outperform the euro in the near-term. Patience is key here, as waiting for the right technical setup, especially on the lower timeframes, will allow you to enter with confirmation. 💡 Why This Matters The shifts in these two economies — one facing potential fallout from low rates and the other benefiting from a more stable policy environment — create an optimal setup for taking advantage of currency movements. Just as in any trade, follow the clear path where value has been mispriced and capitalize on that gap. Stay informed and be ready to act when these market conditions play out — because this opportunity might not last long. 📌I keep my charts clean and simple because I believe clarity leads to better decisions. 📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups. 📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. 🔑I have a long list of my proven technique below: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely 📊 XNOUSDT %80 Reaction with a Simple Blue Box! 📊 BELUSDT Amazing %120 Reaction! I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
by UmutTrades
HelenP. I Euro can make correction movement to $1.1150 pointsHi folks today I'm prepared for you Euro analytics. After testing the upper boundary of the ascending channel, the price showed signs of slowing momentum. Earlier, the price steadily climbed within the upward channel, forming consistently higher lows while bouncing from the lower trend line and support zones. During its rally, the price also reclaimed the 1.0950 level, turning it into a solid support zone, and continued higher with minor consolidations along the way. Eventually, the pair reached the resistance trend line at the top of the channel, where sellers began to show activity. This zone aligned with previous local highs and acted as a point of reversal. Following the rejection from the top boundary, the Euro formed a local high and started to flatten, indicating reduced bullish pressure. Now the price is trading slightly below the resistance trend line and remains inside the upward channel. Given the current structure and the latest price action near the upper edge, I expect a downward movement from this zone. My current goal is the 1.1150 points, which aligns with the midline of the channel and a key technical level from recent consolidation. This bearish scenario is supported by the reaction from the upper boundary and the potential for correction within the channel range. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
11
Euro may correct to support area and then rebound upHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see that the price started its growth from the buyer zone between 1.0730 - 1.0785 points, where the price found strong support near the lower boundary of the broadening wedge. After bouncing off that zone, Euro gained momentum and made an impulsive move upward, breaking through the resistance line and establishing a bullish trajectory. Once the pair overcame the 1.1265 level, which is now acting as current support, the price entered a period of consolidation inside the support area between 1.1310 - 1.1265 points. This zone is showing signs of strength again, with the price attempting to stabilize above it. The overall structure continues to respect the boundaries of the broadening wedge, with higher highs and higher lows confirming bullish control. At the moment, EUR is correcting slightly after reaching local highs and is approaching the support area again. A healthy pullback toward 1.1310 - 1.1265 would be in line with the pattern and could trigger the next bullish impulse. Given the ongoing upward structure, the strong support area, and the clear wedge formation, I expect Euro to continue growing toward the upper wedge boundary near 1.1555 points, which is my current TP1. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
11
EURO - Price can drop to $1.1200 points, exiting from pennantHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price traded inside a flat structure with weak movement and low volatility in a tight range. Then the Euro made a breakout and formed a strong impulse, reaching resistance and creating a new local high. After that, price entered a pennant and made a short correction, but then continued rising with momentum. Later, it touched resistance again and started forming a triangle pattern with a tightening structure. Now price is near the upper boundary of the triangle and trades above $1.1135 support without a clear breakout. In my opinion, Euro can reverse from resistance and decline to $1.1200 in the next move, thereby exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9
EUR/USD 3-Year Highs After 200-DMA SupportEUR/USD had pushed six consecutive days of losses after recoiling from Fiboancci resistance late last month. The 1.0943 level held two different resistance tests, with prices pulling back after the FOMC meeting saw Jerome Powell take a wait-and-see approach with regards to both inflation and possible rate cuts. Normally, a backdrop like that would allow for a build of USD-strength, and we saw that show up as EUR/USD dropped down for a test of the 200-day moving average, but that's around when the weakness started to slow. Buyers responded in a big way and that led to a breakout and fresh three-year highs just a week later. Notably, before those highs could print it was the same 1.0943 Fibonacci level that held support, and that has some relation to another key level that's so far held support for this week at 1.1275, which is the 61.8% retracement of the 2021-2022 major move. At this point bulls have retained control of the pair and this week presented another couple of fundamental drivers that would seem to point at reversal, with a strong U.S. retail sales report, a Jerome Powell that sounded somewhat hawkish with inflation expectations around tariffs; and then the dovish ECB rate cut on Thursday. Despite all that - EUR/USD has held up fairly well and it's that deduction that illustrates bullish potential into next week. For resistance - 1.1500 is huge. This was last in-play in early-2022 and it was resistance on multiple occasions before bears were able to take care of matters. So, chasing breakouts at the big figure could be challenging. Pullbacks could remain attractive and given the response to 1.1275, we can see where buyers had responded quickly to that. Of interest is the 1.1200 level that was hardened resistance in Q3 of last year, and then possibly even the 1.1100 level that held the highs earlier in April. For invalidation of trend, it's the 1.0900-1.0943 zone that I think remains of interest. - js
by FOREXcom
EUR/USD: Head, Shoulders, and a Whole Lotta Drama Oh, EUR/USD, you’re out here living your best life, hitting 1.14 on April 10, 2025, while the USD throws a tariff tantrum (Trump, you’re a mess 🤦‍♂️). A head and shoulders pattern is trying to gatecrash, with a left shoulder already set and the head still puffing up its ego. But the right shoulder? Nowhere in sight—drama TBD! 🎭 RSI’s giving “maybe chill” vibes after being overbought. 🥱 Central bank moves and trade talk chaos might clip your wings, and inflation fears aren’t helping. Will this H&S finish its glow-up, or are you heading for the stars? Traders, what’s your take—bearish breakup or EUR party? Drop your thoughts! ☕ #EURUSD #ForexDrama #TradingView
by RoadToAMillionClub
2