DeGRAM | EURUSD broke the downward channel📊 Technical Analysis
● Price broke the H4 descending channel roof and reclaimed 1.130 support; the breakout is holding above the long-term blue trend-line, creating a fresh higher-low cluster.
● Momentum is compressing in a bull flag between 1.1420 resistance and 1.1330 support; flag depth projects to 1.1565-1.1600 near the violet channel cap.
💡 Fundamental Analysis
● Flash EZ CPI jumped to 2.6 % y/y vs 2.5 % est. while US ISM mfg. slid to 48.1, trimming Treasury yields and widening EUR-USD rate appeal.
✨ Summary
Long 1.133-1.136; flag break >1.142 targets 1.156 → 1.160. Trend risk flips on a close below 1.126.
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Eurusd-3
EURUSD – Retracement Expected Before Further UpsideEURUSD – Retracement Expected Before Further Upside
The EURUSD pair has seen strong bullish momentum over the past two days, mainly driven by the weakening U.S. dollar. Last week’s softer-than-expected U.S. Core PCE and PMI data fueled speculation that the Federal Reserve may hold rates steady for longer, weighing on USD sentiment.
However, with upcoming speeches from FOMC members and the Non-Farm Payrolls (NFP) data due later this week, traders may look to take profit or step aside, leading to a short-term retracement before any continuation of the bullish trend.
🔍 Macro & Fundamental Overview:
USD remains under pressure amid declining inflation signals and weakening economic data.
ECB is expected to cut rates, but at a slower pace than the Fed, creating a divergence that supports the Euro in the near term.
Political uncertainties in the EU, including upcoming elections, are worth monitoring.
📉 Technical Analysis:
The medium-term trend remains bullish with EMA 13–34–89–200 aligned to the upside.
Price is currently reacting at the 0.0 FIBO level (1.1420), suggesting a potential pullback.
Key support lies between 1.1345 – 1.1317. If this zone holds, it could serve as a solid base for a bullish continuation.
🧭 Suggested Trade Scenarios:
🔵 BUY ZONE: 1.1317 – 1.1345
SL: 1.1285
TP: 1.1370 → 1.1400 → 1.1420 → 1.1450+
🔻 SELL ZONE (Short-term counter-trade): 1.1418 – 1.1425
SL: 1.1450
TP: 1.1385 → 1.1350 → 1.1320
EUR/USD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR/USD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.129 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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EURUSD INTRADAY uptrend consolidation breakoutTrend Overview:
EUR/USD continues to exhibit a bullish price structure, supported by a rising trendline and higher lows. Recent intraday action reflects a corrective pullback, suggesting a temporary pause within the broader uptrend.
Key Technical Levels:
Support: 1.1300 (primary), followed by 1.1235 and 1.1180
Resistance: 1.1430 (initial), then 1.1470 and 1.1500
Technical Outlook:
A pullback toward 1.1300, which coincides with the previous consolidation zone, may present a bullish continuation setup. A confirmed bounce from this level could open the path toward 1.1430, with 1.1470 and 1.1500 as potential longer-term targets.
However, a daily close below 1.1300 would indicate a breakdown of near-term bullish momentum. This scenario would increase the likelihood of a deeper correction toward 1.1235, and possibly 1.1180.
Conclusion:
The outlook for EUR/USD remains constructively bullish, contingent on the 1.1300 support holding. A bounce from this level would reinforce the uptrend. Conversely, a decisive break below 1.1300 would shift the short-term bias to bearish, suggesting further downside toward the 1.1200 area.
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Bullish bounce off pullback support?The Fiber (EUR/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.1367
1st Support: 1.1278
1st Resistance: 1.1475
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EURNZD H2 Best Level to SHORT/HOLD +100/+200 pips🏆 EURNZD Market Update H2 chart
📊 Technical Outlook
🔸trading in well defined range
🔸trading mid range now
🔸range highs set at 9150
🔸range lows set at 8850
🔸strategy: SHORT SELL from resistance
🔸SL 40 pips TP1 +100 pips TP2 +200 pips
🔸swing trade setup for patient traders
📊Forex Market Update (June 3, 2025)
🇪🇺EUR/USD
📉Price:\~1.1410
Euro holds steady near 1.14 amid stable ECB policy and improving German sentiment. However, a drop in eurozone CPI to 2.0% from 2.2% may exert downward pressure
🔑Key Levels Support 1.1365|Resistance 1.1445
🇬🇧GBP/USD
📈Price:\~1.3530
Pound reaches a three-year high, trading around 1.3530, supported by a modest upward revision to May’s UK manufacturing PMI. Lack of UK economic data leaves Sterling influenced by global trends.
🔑Key Levels\:Support 1.3450|Resistance 1.3560
🇺🇸DXY (US Dollar Index)
📉Price:\~98.79
US dollar index falls to a six-week low amid persistent trade tensions and weak US manufacturing data for May. Investors await upcoming US nonfarm payrolls data, which could influence the Federal Reserve’s monetary stance.
🔑Key Levels\:Support 98.00|Resistance 100.00.00
ECB Signals More Action as Eurozone Outlook WaversECB Signals More Action as Eurozone Outlook Wavers
EUR/USD rebounded to near 1.1370 in Monday’s Asian session as the US Dollar weakened after legal shifts in tariff rulings. On Thursday, the US Court of Appeals backed Trump’s tariff policy, overturning Wednesday’s lower court decision that had declared his April 2 executive orders unlawful.
Trade tensions escalated as Trump announced plans to double tariffs on steel and aluminum imports to 50%. In response, the European Commission warned it would retaliate, despite both sides agreeing to accelerate talks after extending the EU tariff deadline to July 9.
Meanwhile, Eurozone economic concerns persist. ECB’s Klaas Knot cited inflation uncertainty, while François Villeroy de Galhau said policy normalization is likely not finished, suggesting more action ahead.
The key resistance is located at 1.1460 and the first support stands at 1.1300.
EURUSD on 3rd May 2025By looking at EURUSD in 4h timeframe, it is trading on very strong zone as it became support now due to yesterday breakout. Also there is uptrend trendline which is acting as strong support, if it breaks our next target will be down to 1.12490 and 1.12930. if this support holds then price may surge in upward direction. Need to wait till breakout in downward.
Key point.
Support - 1.14190, 1.13600, 1.13152
Resistance - 1.14906, 1.15440
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Skeptic | EUR/USD Update: New Triggers Unleashed!Hey everyone, Skeptic here!
EUR/USD is heating up after EURX consolidated above 1058.8 — a level I highlighted in Sunday’s watchlist — signaling potential longs across EUR pairs. 😎 Let’s break it down with a quick EUR/USD update.
After our trigger at 1.14183 fired, price climbed 33 pips, then pulled back to retest the breakout level. No fakeout this time — that zone is now acting as solid support.
👀 What’s the new trigger?
You've got a few playbook options here depending on your trading style:
Reaction traders: Watch for a strong bullish reaction candle at support.
Momentum traders: Patience pays — wait for an indecision candle to resolve.
Breakout traders: Keep an eye on a clean break above 1.14440.
Shorts? Not yet. Major and minor trends are still bullish, so fading the move isn’t ideal right now.
📝 Quick note: I’m already in a position after the 1.14183 breakout. Still watching EUR/USD closely, especially with DXY nearing a key support at 98.683 — a break there could spark sharp, sustained moves and juicy R/R setups.
As always: No FOMO. No hype. Just reason.
Stay sharp, manage your risk, and let’s grow together! 🤍
💬 Let’s Talk!
If this recap sparked some ideas, give it a quick boost — it helps a lot! Got a pair or setup you want me to break down next? Drop it in the comments. Thanks for sticking around — keep trading smart! ✌️
EURUSD Back to 8H Support ZoneFollowing the bullish breakout of the trendline on the 4-hour timeframe and the subsequent pullback to the mentioned level, along with confirmations on lower timeframes, we expect the price to retrace toward the 8-hour support zone to gather momentum for a potential continuation of the upward trend.
While a precise touch of the support level is not guaranteed, based on the current setup, it remains a likely scenario.
A possible entry zone could be around the highlighted orange area. Based on this setup, I anticipate a potential drop of approximately 4% in EUR/USD, targeting the 1.095 level.
Disclaimer: You are responsible for your own trades. Do not risk more than 2% of your account on a single setup.
EURUSD Update – Exceptional Long Entry As mentioned in our previous post, we were waiting for price to react from one of the key demand zones:
🔹 1.12250 – 1.12500
🔹 1.1190 – 1.12060
✅ We entered a long position on the 3-minute timeframe after getting a personal confirmation trigger.
The result? An exceptional entry with a minimum of 100 pips profit so far.
📍 Now it's time to secure profits and wait for the next structure to form.
We’ve been patiently waiting all week for price to hit this area – and it played out perfectly.
Great execution! ✅
Keep in touch!
EURUSD H4 I Bullish Bounce Off Based on the H4 chart analysis, the price is falling toward buy entry level at 1.1367, a pullback support that aligns with the 38.2% Fibonacci retracement.
Our take profit is set at 1.1482, a pullback resistance that aligns closely with the 127.2% Fibonacci extension.
The stop loss is placed at 1.1286, a pullback support.
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EUR/USD Forecast: Impulse Wave Progressing TowardThe EUR/USD is currently exhibiting a well-defined impulsive structure following the completion of a corrective (ABC) phase. The market has successfully formed waves (1) and (2), and is now advancing within wave (3), which typically carries the most momentum in an Elliott Wave cycle.
The ongoing rally suggests wave (3) is targeting the 1.15350 level — a key Fibonacci projection area that aligns with previous structural resistance. Momentum remains strong, supported by bullish market structure and sustained buying pressure.
Should wave (3) conclude near this zone, a brief corrective pullback into wave (4) is anticipated, likely retracing toward the 1.14440–1.14730 support range. This would offer a potential entry opportunity before the market resumes its higher trajectory in wave (5), targeting the 1.16077 level.
T1: 1.14857
T2: 1.15090
SL: 1.13867
EURUSD CRACK!I first turned bullish on the EUR back in November 2024 after the disastrous election results.
I have always felt the 105 area was a good area to go long, fundamentally going back all the way to 2017. Here is an example.
After 17 years of data, we can all agree that the 105 area was a great value to get long the EUR. Now we see a major CRACK! in the chart with the fundamentals to back it up.
Again, I remind you I am a MACRO Trader. So my trades hold for a long, long time unless the facts change. I don't do 3 pips and i am out crap!
Let this be a WARNING! To the dollar bulls!
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EURUSD: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 1.14292 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 1.13945..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
EUR/USD Eyes More Upside PotentialDuring the European session, the price showed a trend of first fluctuating and then rising sharply. Currently, the price is at 1.1433, higher than the intraday moving average of 1.1380, indicating that the bulls are in the dominant position. According to ING (International Netherlands Group), the EUR/USD has some intraday resistance at 1.1425, and above this level, it is expected to rise to 1.1500 in the short term. The euro has formed a bottom above 1.1200 and started a new round of upward movement against the US dollar. The EUR/USD has broken through the resistance level of 1.1280, with a bullish trend. The first major resistance level is at 1.1450. If the closing price is above the 1.1450 level, it may lay the foundation for another wave of upward movement. In this case, the currency pair may even break through the resistance level of 1.1500. The next major target for the bulls may be near the resistance level of 1.1580.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
buy@1.1300-1.1350
TP:1.1450-1.1500
EUR/USD 4H Chart Analysis – May 29, 2025🔍 Market Structure Overview
Current Price: 1.12753
Key Zone: Price is hovering at a critical resistance-turned-support area.
🧱 Key Levels
Resistance Zone: 1.15639 (🔝 Main Target)
Support Zone: 1.10736 (🔻 Main Target)
Intermediate Zones:
Target One (Bullish): 1.14139 📈
Target One (Bearish): 1.11687 📉
🔄 Scenario Outlook
📈 Bullish Scenario:
If price holds above the 1.1275 zone, we could see a climb towards:
1.14139 (minor target)
1.15639 (major resistance & final target)
🚀 Breakout above could indicate continuation of higher highs.
📉 Bearish Scenario:
Failure to hold above 1.1275 could push price lower:
First support at 1.11687
Final drop towards 1.10736 support zone
🪓 Breakdown could confirm lower low structure.
🧠 Conclusion
This is a decision point zone. Wait for confirmation before jumping in. A strong bullish or bearish candle at this level will dictate the next move. Risk management is key here! 🎯
EURUSD Channel Up targeting 1.15000.The EURUSD pair just broke above the Resistance 1 level (1.14250) confirming the extension of the current Bullish Leg of the short-term Channel Up.
With their 4H RSI patterns very similar, the previous Bullish Leg rose by +2.58% before a pull-back to the 4H MA50 (blue trend-line). That gives us a potential Target of 1.15000 on the short-term.
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DXY Update..PWL takenGood day traders I’m back yet again with another update but this this it’s DXY(dollarindex)).
Price has taken previous week’s low, and for me that’s the manipulation phase in the power of 3 because my bias is bullish on the dollar and bearish on foreign currencies. Price has taken the PWL in a zone/area where we saw price react higher in that BPR zone/area. For the rest of the week I personally believe we can expect higher prices on DXY, Atleast till the midpoint of that gap above price. ICT teaches more on the importance of that halfway/midpoint of gaps and other PD arrays.
Since we are in a discount zone we can expect price to move higher into the premium range of the daily TF dealing range and our first liquidity (internal) is also inside the premium zone.
EUR/USD Rises to 4-Week HighEUR/USD Rises to 4-Week High
As shown on the EUR/USD chart today, the euro rose to a 4-week high against the US dollar this morning.
The euro's strength relative to the US dollar is supported by traders’ expectations ahead of the ECB's interest rate decision, scheduled for Thursday at 15:15 GMT+3.
This upcoming event is notable not only because the ECB is expected to cut rates from 2.40% to 2.15% (for the seventh consecutive time), but also due to the broader context shaped by ECB President Christine Lagarde’s recent remarks on the euro’s status as a reserve currency.
At the same time, the US dollar is weakening amid growing trade concerns—on Friday, the US President Donald Trump announced plans to double tariffs on steel and aluminum to 50%. He also accused China of breaching the recent trade truce.
Technical Analysis of the EUR/USD Chart
Seven days ago, when analysing the EUR/USD chart, we:
→ observed bullish sentiment;
→ highlighted the importance of the 1.1400 resistance level;
→ suggested that bears might attempt to strike back.
Since then, the price has pulled back from the mentioned level (as indicated by the arrow), but found support at the lower boundary of the ascending channel. The current bullish momentum could push EUR/USD towards the psychological level of 1.1500 during the week ahead.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.