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EURUSD-2

EURUSD Approaching Major Resistance - Will Sellers Step In?OANDA:EURUSD is approaching a major resistance level, marked by significant selling pressure. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reaction if sellers step in again. The current market structure suggests that if the price confirms a rejection from this resistance level, there is a high probability of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 1.09742 level, which serves as a logical target within the current market structure. However, a break above this resistance would invalidate the bearish bias and could lead to further upside. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
134
EUR/USD SHORT FROM RESISTANCE Hello, Friends! Previous week’s green candle means that for us the EUR/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.118. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
Bitcoin is not going back to 100k anytime soon!!Good day traders, back against it with this bitcoin idea I’m currently on back on what price has shown us in recent weeks. 1W- Here price is still very much bearish as we can see that the market is in an expansion meaning any idea of price moving higher is what we all wish for but price does not care so overall here we bearish and need to be ready alert to price always wanting to move higher by taking recent highs. 4H- Now here we can see price shot higher for the liquidity that was resting above the recent broken highs, keeping in mind that our weekly bias is still bearish we than wanna see a shift in structure on the 1 hour TF to give us our first confirmation of many confirmations we use to come at a decision. After price respects our idea than we wanna see price go take the equal lows(Sellside liquidity) below. Now I wanna make this bold prediction, and it’s my opinion by the way it’s not a fact or anything like that right. In my opinion I don’t think bitcoin will see 100k for the rest of 2025. And my prediction is based on my analysis only!!
BITSTAMP:BTCUSDShort
by FxPipMaster_TebohoMatla
Gold TA 25.4.5Hello everyone, I hope you're doing well. In the 1-hour timeframe, the price of gold has taken a downward trend and has formed two lower lows. There is a very strong order block visible on the chart, and I expect that after the price retraces to this order block, it will react and continue to move down. We will wait for the price to reach this order block, then in the 5-minute timeframe, we will take the right trades and enter a short position. Keep in mind that in higher timeframes, the market is moving upwards, so short positions carry higher risk. ⚠️ This Analysis will be updated ... 👤 Sadegh Ahmadi: GPTradersHub 📅 25.Apr.5 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
FX:XAUUSDShort
by GPTradersHub
USD/JPY Under Pressure – Bears Take the Lead After Break of Supp📊 USD/JPY Daily Technical Outlook – April 11, 2025 Overview: The USD/JPY pair experienced a significant decline on Friday, opening at 145.22, reaching a high of 145.50, and a low of 142.04, before closing at 142.30. This downward movement reflects the continuation of the bearish trend from earlier in the week, influenced by safe-haven flows into the Japanese yen amid escalating trade tensions and weaker U.S. economic data. ​ Mitrade 📈 Current Market Structure: After a period of consolidation, the pair broke below key support levels, signaling strong selling momentum. This move comes amid concerns over the U.S. economic outlook and increased demand for the Japanese yen as a safe-haven currency. ​ 🔹 Key Resistance Levels: 143.45: The previous support level, now acting as immediate resistance. A break above this level could indicate a potential reversal.​ 145.08/145.91: A significant resistance zone. A move above this area could challenge the bearish outlook. ​ 147.85: A major resistance area, which could be a target for buyers if the bullish trend resumes. ​ FOREX24.PRO 🔸 Key Support Levels: 142.04: The low for the day, which acts as immediate support. A stay above this level may prevent further declines. ​ Mitrade 139.59: A significant support level. A break below this could signal a continuation of the downtrend. ​ FX.co 137.92: Strong support, marking a previous high from March 2023. ​ FX.co 📐 Price Action Patterns: The strong bearish candles in recent days indicate dominance by sellers. The breakout below previous support levels and the formation of lower lows support the continuation of the downtrend. However, traders should watch for potential reversal patterns as the price approaches key support areas.​ 🧭 Potential Scenarios: ✅ Bullish Scenario: If USD/JPY holds above 142.04, the pair may attempt a rebound towards 143.45 and potentially 145.08/145.91, driven by short-term profit-taking and potential easing of risk-off sentiment.​ ❌ Bearish Scenario: If USD/JPY fails to sustain above 142.04, a decline to 139.59 could occur. A break below this level could lead to further declines towards 137.92.​ 📌 Conclusion: USD/JPY is exhibiting strong bearish momentum, influenced by safe-haven flows into the Japanese yen and concerns over the U.S. economic outlook. A sustained break below support levels could lead to further declines. Traders should monitor key support and resistance levels and stay informed on global economic developments.​ Mitrade Note: This analysis is based on data available up to April 11, 2025. Always monitor the latest developments and apply appropriate risk management when trading.
Short
by Saeed966
13
EURUSD Buyers In Panic! SELL! My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.1355 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1173 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
HelenP. I Euro will decline to support zone, breaking trend lineHi folks today I'm prepared for you Euro analytics. After breaking out from a long consolidation phase, the Euro entered a strong upward trend supported by a clearly defined trend line. This breakout was backed by strong momentum, allowing the price to push above Support 1 and climb rapidly. However, after reaching the 1.1450 area, bullish strength started fading. The market printed a sharp rejection from the highs, and soon after, the price broke back below the trend line. This breakdown signals a shift in sentiment. The price is now approaching the previous support zone between 1.1160 and 1.1120 points, which acted as a key accumulation area during the bullish move. The reaction from this zone will be crucial, but considering the breakdown from the trend line and the aggressive rejection from the top, sellers now appear to be in control. Currently, EUR is trading below the broken trend line, and bearish pressure continues to build. Given the rejection from higher levels, structure break, and weak recovery attempts, I expect EURUSD to decline toward my current goal at 1.1160 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
6
EURO - Price can make correction and then continue to move upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price broke resistance and started a strong upward impulse, exiting from a flat accumulation zone. After this breakout, the Euro made a sharp rise and formed a rising wedge pattern. Then price reached the upper boundary of a wedge and bounced down, testing the support line of the pattern. Recently, it touched the support zone near the $1.0800 level and then bounced with recovery toward resistance. Now price trades inside wedge, holding above support line and forming bullish continuation structure. In my opinion, Euro can continue to grow and reach $1.1185 resistance line of the wedge soon. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
10
DXY Drops to 3-Year Lows, EURUSD Soars to 1.14With the 3-Day RSI hovering near 2020 highs, the monthly chart shows potential for further upside as EURUSD breaks out of a long-term downtrend channel that began from the 2008 highs. The pair has reached a high of 1.1470, aligning with the 0.272 Fibonacci retracement of the 2008–2022 downtrend. A sustained hold above 1.15 opens the door for further gains toward resistance levels at 1.1730, 1.20, and 1.2350. On the downside, if overbought conditions on lower time frames lead to a pullback below 1.1270, potential support levels to monitor include 1.1140, 1.1070,1.09, and 1.0850, - Razan Hilal, CMT
by FOREXcom
1
GBP/USD Resistance Test: Will the Pound Maintain its Strength?📊 GBP/USD Daily Technical Outlook – April 11, 2025 Overview The GBP/USD pair saw a notable rally on Friday, opening at 1.2970, reaching a high of 1.3046, and a low of 1.2967, before closing at 1.3007. This upward movement reflects the continuation of the bullish trend from earlier in the week, supported by positive economic data from the UK and a weakening U.S. dollar. The pair is currently moving in a strong bullish phase, with the market eyeing higher resistance levels. 📈 Current Market Structure After a period of consolidation, the pair broke above key resistance levels, signaling strong buying momentum. This move follows positive GDP data from the UK, which showed a 0.5% growth in February 2025, the highest growth in 11 months. 🔹 Key Resistance Levels: 1.3046: The highest point of April 11, 2025. This is immediate resistance, and a break above it could lead to further upside. 1.3100: Psychological resistance level. A break above this could extend the rally further. 1.3200: A major resistance area, which could be a target for buyers if the bullish trend continues. 🔸 Key Support Levels: 1.2967: The low for the day, which acts as immediate support. A stay above this level reinforces the bullish outlook. 1.2900: A significant support level. A break below this could signal a short-term pullback. 1.2820: Strong support, marking the bottom of the previous price range. 📐 Price Action Patterns: The strong bullish candles in recent days indicate dominance by buyers. The breakout above previous resistance levels and the formation of higher highs support the continuation of the uptrend. However, traders should keep an eye on potential reversal patterns as the price approaches resistance. 🧭 Potential Scenarios: ✅ Bullish Scenario: If GBP/USD holds above 1.3046, the next targets could be 1.3100 and potentially 1.3200, driven by strong momentum from positive UK data and a weakening dollar. ❌ Bearish Scenario: If GBP/USD fails to sustain above 1.2967, a pullback to 1.2900 could occur. A break below this level could lead to further declines towards 1.2820. 📌 Conclusion: GBP/USD is showing strong bullish momentum, supported by positive economic data from the UK and a weakening U.S. dollar. A sustained break above resistance levels could open the door for further gains. Traders should watch for potential pullbacks at key support levels and monitor economic developments closely. Note: This analysis is based on data available up to April 11, 2025. Always monitor the latest developments and apply appropriate risk management when trading.
Long
by Saeed966
8
Massive Breakout in EUR/USD – Time to Ride the Trend?📊 EUR/USD Daily Technical Outlook – April 11, 2025 The euro-dollar pair (EUR/USD) continued its upward momentum on Friday, reaching a high of $1.1473 before closing at $1.1352. This movement reflects a significant appreciation of the euro, influenced by a weakening U.S. dollar amid escalating trade tensions and a selloff in U.S. Treasuries. 📈 Current Market Structure: After consolidating earlier in the week, EUR/USD broke above key resistance levels, indicating strong bullish sentiment. The pair's movement suggests a potential shift in market dynamics, with investors seeking alternatives to the dollar. 🔹 Key Resistance Levels: $1.1473: Immediate resistance. A break above this level could signal further bullish continuation. $1.1500: Psychological resistance and a potential target for bulls. $1.1600: A more substantial resistance area that could be tested if momentum continues. 🔸 Key Support Levels: $1.1300: Recent support. A break below this level could indicate a short-term pullback. $1.1200: Next significant support, representing a potential bounce point. $1.1100: A critical support level that, if breached, could lead to a shift in market sentiment. 📐 Price Action Patterns: The pair's recent breakout above previous resistance levels suggests a strong bullish trend. The formation of higher highs and higher lows supports this view. However, traders should watch for potential reversal patterns near resistance areas. 🧭 Potential Scenarios: ✅ Bullish Scenario: If EUR/USD breaks and holds above $1.1473, it could target $1.1500 and potentially $1.1600. Continued weakness in the U.S. dollar and positive Eurozone data would support this move. ❌ Bearish Scenario: Failure to sustain above $1.1300 may lead to a retest of $1.1200, with further declines possible toward $1.1100 if bearish momentum increases. 📌 Conclusion: EUR/USD is exhibiting strong bullish momentum, breaking through key resistance levels. Traders should monitor upcoming economic indicators and geopolitical developments that may influence the pair's direction. 💬 What's your outlook for EUR/USD? Do you anticipate continued strength in the euro, or will the dollar regain its footing? Share your thoughts below! Let me know if you'd like this analysis tailored for a specific platform or with additional details!
Long
by Saeed966
7
EUR/USD - Further Room For Bullish MoveEUR/USD is nearing the upper trendline of a descending wedge on the weekly chart, currently at 1.13297, near the 1.1200 resistance. The 50-week EMA (blue) is above the 200-week MA (red), indicating underlying bullish momentum, and stochastic Oscillator has also room for further upside move. Below is the likely setup: Bullish Setup (Sustained Breakout Above Resistance): Buy Entry: On a weekly close above 1.1200 or retest of 1.1200 as support. Stop Loss: 1.1100. Take Profit: 1.1750 (first target), 1.2300 (second target). Confirmation: Strong close above 1.1200, Stochastic holding above 50 after a pullback. If you found this analysis valuable, kindly consider boosting and following for more updates. Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Long
by MarketsPOV
Gold Closes the Week Strong – Breakout Toward $3300 Coming?📊 XAU/USD Daily Technical Outlook – April 11, 2025 Gold rebounded strongly during Friday’s session, climbing from early lows around $3,177 to reach a high of $3,237. This bounce followed a brief correction the day before, as buyers stepped back in near key psychological levels. The move was partially driven by ongoing geopolitical tensions and renewed demand for safe-haven assets. At the moment, gold is trading around $3,212, holding its gains firmly into the weekly close. The broader market remains bullish, with the uptrend still intact unless key supports are breached. 📈 Current Market Structure: After Thursday’s pullback, Friday’s strong bullish candle suggests renewed momentum. Price is still moving within an ascending structure, and the sharp recovery could be an early signal of a continuation toward new highs. 🔹 Key Resistance Levels: $3,237: Immediate resistance. Friday’s high. A break above this level could trigger further bullish continuation. $3,280: Potential upside target if momentum continues. $3,300: Psychological resistance and potential long-term target. 🔸 Key Support Levels: $3,177: Intraday support. If gold pulls back again, this level may provide a bounce. $3,150: Near-term support and a key structural level. $3,095: Deeper support, marking the bottom of the previous breakout area. 📐 Price Action Patterns: Friday's bullish engulfing candle signals strong buying pressure, especially after Thursday’s correction. If buyers defend current levels early next week, we may see a bullish continuation. However, failure to break $3,237 may trigger another consolidation phase. 🧭 Potential Scenarios: ✅ Bullish Scenario: If gold breaks and holds above $3,237, this could trigger a move toward $3,280 or even $3,300. Buyers remain in control as long as price stays above $3,177. ❌ Bearish Scenario: If gold fails to push above resistance and breaks below $3,177, we could see a retest of $3,150, and possibly deeper toward $3,095 if bearish momentum increases. 📌 Conclusion: Gold showed resilience on April 11, recovering sharply from a brief dip and closing the week on a strong note. The market structure remains bullish, and a sustained break above resistance could lead to fresh all-time highs. Traders should continue to monitor geopolitical news and dollar strength for clues on short-term direction. 💬 What’s your take on gold heading into next week? Will bulls take control again, or are we in for more consolidation? Drop your thoughts below! Let me know if you want a version ready for TradingView or with hashtags and emojis for social media!
OANDA:XAUUSDLong
by Saeed966
7
Fundamental Market Analysis for April 11, 2025 EURUSDEUR/USD hit its highest levels in nearly two years on Thursday, breaking through and closing above 1.1200 for the first time in 21 months. Market tensions continue to ease after the Trump administration dropped its own tariffs at the last minute, causing a general weakening in US Dollar flows. US consumer price index (CPI) inflation fell significantly short of forecasts in March. The core CPI fell to 2.8 per cent year-on-year, a four-year low after nearly eight months above 3.0 per cent. Core CPI inflation also fell to 2.4 per cent year-on-year. Investment markets will face a major challenge if the tariffs reverse the Federal Reserve's (Fed) multi-year efforts to curb inflation. On Friday, the week will conclude with the release of the University of Michigan (UoM) Consumer Sentiment Index survey. The University of Michigan's consumer sentiment index is expected to decline again in April as consumers feel the pressure of the Trump administration's tariff and trade policies, and is likely to fall to a near three-year low of 54.5. In addition, expected consumer inflation data will be released on Friday, with UoM's 1-year and 5-year expected consumer inflation previously standing at 5% and 4.1% respectively. Trade recommendation: SELL 1.1305, SL 1.1380, TP 1.1150
Short
by Fresh-Forexcast2004
EU Tariff Relief Drives Euro Above $1.13The euro climbed above $1.13, its highest since September 2024, after the EU suspended new U.S. tariffs for 90 days to allow trade talks. This followed President Trump’s move to cut tariffs to 10% for non-retaliating countries while raising Chinese duties to 125%. While easing global slowdown fears, the mixed signals fueled uncertainty. Money markets adjusted ECB expectations, pricing the deposit rate at 1.8% by December, up from 1.65%, and lowered the probability of an April cut to 90%. Key resistance is at 1.1390, followed by 1.1425 and 1.1500. Support lies at 1.1260, then 1.1180, and 1.1100.
by ChartMage
EURUSD Tests 17-Year Long-Term Trend!!!After Trump announced an additional 20% in tariffs, EURUSD made a relatively surprising move and surged sharply. This marks the second leg of the upward trend that began in early March. However, the sharp rise has now brought EURUSD to the doorstep of a very long-term resistance level. Since testing 1.60 in 2008, EURUSD has been moving lower within a wide descending trend channel that has held for 17 years. Since 2015, the pattern has evolved into a wedge formation within this broader channel. The most recent test of this resistance came last year, but at the time, a weak Eurozone economy, crowded Euro long positions, and a hawkish Fed prevented a breakout. This time, the landscape is different. The Eurozone is showing early signs of recovery, the ECB’s rate cuts appear to be nearing their end, and European countries have started to band together following a decline in confidence in their biggest ally and decide to increase technology, defence spending. Despite these developments, the medium-term effects of the new tariffs and the strength of the long-term resistance level are likely to prevent a clear breakout for now. Still, the long-term outlook is beginning to shift in favor of the euro, and a breakout later this year carries a significant probability.
by ftdsystem
Dollar Index Tests Key Demand Zone: What's Next?The Dollar Index is currently testing a major demand zone between 99.50 and 101. This area has marked the end of downward moves and the beginning of dollar rallies five times since early 2023. The recent downward pressure is largely driven by rising expectations of an economic slowdown and a strengthening euro. At this point, several possible scenarios could unfold, depending on how the market reacts to this key support zone: Repeat of the Past: Just like the previous five instances, the Dollar Index rebounds sharply from the zone and starts a strong upward move. Trendline Test: The Dollar Index breaks below this zone and moves toward testing the long-term uptrend line that originated in 2011. Fakeouts and Reversal: The Dollar Index briefly falls below the demand zone, approaches the long-term trendline, and then stages a false recovery above the zone. After trapping both bulls and bears and creating a fake breakout signal, it dips below the trendline before reversing and beginning a new medium-term uptrend that ultimately aligns above the long-term trend. Given the high level of global economic uncertainty and recent sharp reversals in financial markets, the third scenario may carry slightly higher probability. A similar pattern played out in 2017, when both the 200-week moving average and the demand zone were broken. The key difference this time is that TVC:DXY is much closer to the long-term trendline.
TVC:DXY
by ftdsystem