Fundamental Market Analysis for April 24, 2025 EURUSDEvent to watch out for today:
15:30 EET. USD - Number of Initial Jobless Claims in the U.S.
EURUSD:
EUR/USD rises towards the 1.1335 level during the early Asian session on Thursday. Easing concerns over potential tariff threats from US President Donald Trump are putting some pressure on the US Dollar (USD).
According to the Federal Reserve's (Fed) Beige Book report released on Wednesday, businesses facing the early stages of Trump's tariffs are looking for ways to pass on rising costs to consumers. Companies have reported receiving warnings from suppliers about price increases and are looking for ways not to absorb those increases, noting uncertainty about whether they can pass them on to customers.
Earlier this month, Trump imposed a basic import tax of 10 per cent or more on dozens of countries, but then unexpectedly suspended the taxes for 90 days to give countries a chance to negotiate lower rates. Nevertheless, trade policy uncertainty and concerns over slowing economic growth in the US could drive the dollar lower and create a tailwind for EUR/USD.
Last week, the European Central Bank (ECB) cut its main interest rate by a quarter of a percentage point to 2.25% at its April meeting. During a press conference, ECB President Christine Lagarde said that the US tariffs on EU goods, which have increased from an average of 3% to 13%, are already hurting the prospects of the European economy.
Trading recommendation: BUY 1.1350, SL 1.1320, TP 1.1430
EURUSD-2
XauUsd (Gold)Good day traders, I haven’t been feeling well but I thought let me give you Gold will I recover.
Gold on the 4h we had a shift in structure lower and for our daily that’s just confirms a reversal I’ve been anticipating for a while now.
But here we focusing on what price is currently doing on the 1 hour and 15 minutes, there in that rectangle box that represents my inverse FVG which we saw price close above. Now we wanna see price falling the close below that inverse to enter long.
USDCAD at Risk? COT Turns Bearish📊 COT Overview – CAD & USD Futures
🇨🇦 Canadian Dollar (CAD)
Asset Managers: Still net short, but recovering fast → from -150K to nearly -50K.
Leveraged Money: Strong bullish reversal from -100K to -30K and climbing.
✅ Interpretation: Institutions are flipping bullish on CAD → Bearish pressure on USDCAD.
🇺🇸 US Dollar (USD)
Asset Managers: Cutting long exposure since March.
Leveraged Money: Losing conviction → neutral to slightly long.
⚠️ Interpretation: USD is structurally weakening → adding to the USDCAD bearish bias.
🧠 Technical Analysis
Price has returned to the key demand zone (1.3700–1.3850) for the third test.
Candles are compressing → signal of upcoming volatility.
RSI remains weak, no bullish divergence → no clear reversal yet.
📌 Key Levels:
Support: 1.3700 → A confirmed break opens space toward 1.3550–1.3480.
Resistance: 1.3950–1.4100
🎯 Trade Scenarios
🔻 Breakdown trade below 1.3700 → Target: 1.3480
🔁 Pullback short on rejection from 1.3950–1.4000 → SL above 1.4100
🔼 Long only with a bullish engulfing weekly close + RSI divergence
✅ Summary
COT Bias: Bearish USDCAD → CAD strengthening, USD weakening
Technical Structure: Support under pressure, breakout likely
Preferred Play: Short continuation on breakdown or pullback rejection
Bullish bounce for the Fiber?The price is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.1270
1st Support: 1.1141
1st Resistance: 1.1427
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XAUUSD BULLISH OR BEARISH DETAILED ANALYSISAs a professional forex trader, I'm closely monitoring XAUUSD, currently trading around $3,329. After reaching an all-time high of $3,500 earlier this week, gold has pulled back due to profit-taking and improved risk sentiment following President Trump's softened stance on the Federal Reserve and U.S.-China trade relations. citeturn0news46 Despite this correction, the broader trend remains bullish, with the market finding support near $3,228, a level that has attracted buying interest.
Technically, gold is rebounding from this key support level, suggesting the potential for a renewed upward move. The price action indicates that buyers are stepping in, viewing the dip as a buying opportunity within the ongoing uptrend. A sustained move above $3,400 could open the path toward the next resistance levels, with a target price around $3,500.
Fundamentally, expectations for Federal Reserve rate cuts in 2025, starting as early as June, are supportive of gold prices. citeturn0news35 Additionally, ongoing geopolitical uncertainties and concerns about global economic growth continue to underpin demand for safe-haven assets like gold. These factors contribute to a favorable environment for gold bulls in the medium term.
In summary, the recent pullback in XAUUSD appears to be a healthy correction within a larger bullish trend. The rebound from support levels, combined with supportive fundamentals, suggests that gold may be poised for another leg higher. Traders should watch for a break above $3,400 as confirmation of the next bullish wave.
EURUSD - Understanding PriceIn this video I go through what has been happening with EURUSD in the past week, where price has reached, where it is likely going, what has happened yesterday and where we are possibly going to go to today. Pretty straight forward stuff using good ol' ICT concepts.
I hope you find this video insightful, because it's the truth of the markets.
Good luck and happy trading!
- R2F Trading
Weekly FOREX Forecast: Mid-Week UPDATES! In this video, we will update Sunday's forecasts for the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
USDCAD
USDCHF
USDJPY
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or other wise. In this video, we will update the forecasts for the following FX markets:
EUR-USD Long From Support! Buy!
Hello,Traders!
EUR-USD is making a bearish
Correction but the pair will soon
Hit a horizontal support level
Of 1.1231 from where we
Will be expecting a local
Bullish rebound and a move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/USD Explosion or Trap?EUR Futures
Asset Managers: Strongly net long and continuously increasing since December 2024 → a clear sign of institutional confidence in the euro.
Leveraged Money: Also rising, moving from net short to net long → sentiment reversal even from speculators.
✅ Interpretation: Both institutional categories are bullish on the euro, suggesting potential upward support for EUR/USD.
USD Index Futures
Asset Managers: Decreasing since the end of February → reducing long exposure on the dollar.
Leveraged Money: Recovering from net short, but still uncertain → mixed sentiment.
⚠️ Interpretation: The dollar is structurally weakening. This reinforces the bullish bias on EUR/USD.
🧠 Technical Analysis – EUR/USD Weekly Chart
Current price: 1.13150, right in the middle of a weekly/monthly supply zone, marked by upper wicks → clear seller presence.
Price has made a strong rally from 1.03600, breaking through all intermediate supply zones.
RSI: Slightly declining after previously reaching overbought territory.
📌 Key levels:
Major support: 1.1000–1.1080
Structural resistance: 1.1350–1.1450 (current zone)
🧠 Technical Scenario:
If price holds above 1.1250, we could see an extension toward 1.1500.
If it breaks below 1.1200, a pullback toward 1.1080–1.1000 is likely.
✅ Trade Summary:
COT bias: Bullish EUR/USD → strong EUR, weakening USD
Technical: Watch price behavior in the 1.1350 zone → if rejection continues, expect a technical retracement before potential continuation.
🎯 Potential Setups:
Long on pullback toward 1.1080
Breakout long above 1.1450 → targeting 1.1600
Short-term short if bearish price action appears in the current zone
Bullish bounce?EUR/USD is falling towards the support level which is a pullback support that is slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.1278
Why we like it:
There is a pullback support level that is slightly below the 38.2% Fibonacci retracement.
Stop loss: 1.1149
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 1.1428
Why we like it:
There is a pullback resistance level.
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eurusd h1 best level to buy/hold +140 pips🏆 EURUSD Market Update
📊 Technical Outlook
🔸Short-term: BEARS 1280
🔸Mid-term: BULLS 1420
🔸Status: REVERSAL from S/R
🔸pullback in progress right now
🔸expecting bounce at key s/r
🔸Price Target Bears: 1280
🔸Price Target BULLS: 1420
🔸strategy: BUY LOW exit 1420
🔸+140 pips on BUY side
XAU/USD: New ATH ~ $3500, What's Next? (READ THE CAPTION)Upon reviewing the 15-minute gold chart, we can see that the price once again reached a new high today, rallying up to the key psychological level of $3500. Following this move, gold has experienced a pullback down to $3423 so far. If the price stabilizes below $3442, we will likely see a further correction toward the next target at $3411. (This analysis will be updated)
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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 🚀
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
After a strong bullish rally that led to a breakout above the 1.12 resistance zone, EURUSD is now undergoing a correction.
We expect the price to pull back toward the identified support zone, where it may find demand and begin a new bullish wave.
As long as the price holds above the specified support zone and the ascending trendline, our outlook remains bullish. A successful retest of support could pave the way for the next leg higher.
Will the pullback offer a buying opportunity, or is a deeper correction ahead? Share your thoughts below!
Don’t forget to like and share your thoughts in the comments! ❤️
EUR/USD) one side of breakout and move Read The ChaptianSMC Trading point update
technical analysis of the EUR/USD currency pair on the 1-hour timeframe, showing two ptential scenarios based on price behavior around a key supply zone.
1. Key Levels:
Resistance/Target Point (Upper): ~1.15729
Supply Zone (Current Price Area): ~1.14100–1.14500
Support Level/Target Point (Lower): ~1.12658
200 EMA: ~1.13581 acting as dynamic support
2. Current Price:
EURUSD is trading at 1.14167, just above the 200 EMA and at the bottom edge of the supply zone.
3. Scenarios Outlined:
Bullish Scenario:
If price breaks and holds above the supply zone, it may continue toward the upper resistance level at 1.15729.
This move would be supported by bullish momentum and potentially a breakout strategy.
Bearish Scenario:
If price rejects the supply zone and fails to break above convincingly, a reversal is expected.
The target for this bearish move is the support zone near 1.12658.
4. Indicators:
RSI (Relative Strength Index): Around 49, neutral zone but potentially recovering from oversold.
Suggests indecision, with momentum that could swing either way depending on price action at the supply zone.
Mr SMC Trading point
Trade Ideas:
Long Trade Setup (Breakout):
Entry: Break and retest above ~1.14500.
Target: ~1.15729.
Stop Loss: Below ~1.14100.
Short Trade Setup (Rejection):
Entry: Rejection candle formation around 1.14300–1.14500.
Target: ~1.12658.
Stop Loss: Above ~1.14700.
Overall Idea:
This is a dual-scenario setup, where the market structure at the current supply zone will determine direction. The chart encourages traders to wait for confirmation before committing to either a breakout or a reversal strategy.
Pales support boost 🚀 analysis follow)
EURUSD: Will Go Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 1.14035 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
EURUSD Short Term Buy Idea Update!!!Hi Traders, on April 15th I shared this idea "EURUSD Short Term Buy Idea"
Expected retraces and further continuation higher until the strong support zone holds. You can read the full post using the link above.
Price moved as per the plan!!!
Retraces happened as expected and then the price moved higher further.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Wave 5 Completed – Time to Ride the Correction!"Structure Overview
Wave Count: You’ve marked the end of wave (5), indicating a potential trend reversal or correction.
Bearish Setup:
Price rejected the orange supply zone post wave (5), suggesting bearish pressure.
Entry appears to be near the top of the small pullback into that zone.
Target is set near the larger demand zone around 1.12274.
Right-Side Box (Key Idea Summary):
Suggests a range-bound market, followed by:
A lower high into a new supply zone (brown box).
A sharp drop into a deeper demand zone at the base (green zone).
Key Price Levels:
Resistance/Supply: 1.14153, 1.15205
Support/Demand: 1.12274, lower box near 1.11400
Possible Strategy:
Sell setup: Look for confirmation candles or patterns near the orange/brown zones.
Target: Previous demand zone or lower if structure breaks.
SL: Above the orange/red zone to manage risk.
EURUSD The Target Is UP! BUY!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.1418
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1465
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURUSD sideways consolidation in strong uptrendTrend Overview: The EUR/USD currency pair remains in a bullish trend, supported by a prevailing uptrend. The recent intraday price action suggests a sideways consolidation (coiling price action) possibly triggering a corrective pullback towards a newly formed support zone, previously a resistance level.
Key Levels to Watch:
Support Levels:
1.1240 – Previous resistance turned support, key level for potential bounce.
1.1144 – Secondary support level if 1.1240 fails.
1.1000 and 1.0890 – Stronger support in case of extended retracement.
Resistance Levels:
1.1475 – Initial resistance level on the upside.
1.1595 – Next target if bullish momentum continues.
1.1700 and 1.1830 – Long-term resistance and key breakout point.
Market Sentiment & Price Action: The recent corrective pullback aligns with normal market fluctuations within an uptrend. A bullish bounce from the 1.1240 support level could trigger an upside move, targeting the 1.1475 resistance level and potentially extending towards 1.1595 and 1.1700 – 1.1830 over a longer timeframe.
Alternatively, a confirmed loss of the 1.1240 support, accompanied by a daily close below this level, would weaken the bullish outlook. This could lead to further downside pressure, potentially testing the 1.1144 level, with an extended decline towards 1.1000 and 1.0890 if selling pressure intensifies.
Conclusion: The EUR/USD pair remains in a bullish structure as long as the 1.1240 support holds. A successful bounce from this level would reinforce the uptrend, targeting higher resistance zones. However, a decisive break below 1.1240 and a daily close under this level could shift sentiment bearish, leading to further downside retracement.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.