EURUSD: Detailed Support & Resistance Analysis For Next Week
Here is my latest structure analysis for EURUSD;
Resistance 1: 1.0944 - 1.0955 area
Support 1: 1.0804 - 1.0834 area
Support 2: 1.0598 - 1.0630 area
Support 3: 1.0515 - 1.0533 area
Support 4: 1.0359 - 1.0377 area
Support 5: 1.0727 - 1.0290 area
Support 6: 1.0717 - 1.0240 area
Consider these structures for pullback/breakout trading.
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Eurusd-3
EURUSD Will Move Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.081.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.068 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Ultimate 2025 Forex Prop Trading FAQ + Strategy Guide🧠 Forex Prop Trading: What Is It?
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Hellena | EUR/USD (4H): SHORT to the support area at 1.07279.Dear colleagues, price is still in an uptrend, but wave “5” is often unpredictable, so I do not recommend buying.
I will look out for short positions. I believe that the price can renew the high and reach the area of 1.10000 or even a little higher, but I will place pending limit orders to sell.
Or the price will immediately start a downward movement.
The target is the support area at 1.07279.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Weekly FOREX Forecast Mar 17-21: Buy EUR, GBP, AUD, NZD vs USD!This is an outlook for the week of March 17-21st.
In this video, we will analyze the following FX markets:
USD Index
EUR
GBP
AUD
NZD
The USD Index is entering a Daily +FVG, which is nested in a Weekly +FVG. This is a bearish indication for the USD, which is a potential bullish situation for EURUSD, GBPUSD, AUDUSD and NZDUSD. This will be potentially bearish for the USDCAD, USDCHF, and USDJPY. Wait for the market structure shift going in the direction of your TP, and enter on the pullback.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
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 otherwise.
EUR/USD Trading Analysis – Falling Wedge Breakout StrategyChart Overview
The EUR/USD 1-hour chart presents a classic falling wedge pattern, which is a bullish reversal setup indicating that selling momentum is weakening and a breakout to the upside is imminent. This chart provides a structured trading plan, highlighting support and resistance levels, entry points, stop-loss placement, and a target price.
Traders can use this setup to capitalize on the potential bullish move while effectively managing risk. Let’s break it down step by step.
1. Understanding the Falling Wedge Pattern
A falling wedge is formed when price action moves within two downward-sloping trendlines that converge. It signals decreasing bearish pressure, as the price forms lower highs and lower lows within a narrowing range. The decreasing range indicates that sellers are losing control, and an upside breakout is likely.
In this chart, we observe the following key characteristics of a falling wedge:
✅ Two converging downward trendlines that contain price movement.
✅ Lower highs and lower lows showing seller exhaustion.
✅ Decreasing volume as the price approaches the breakout zone.
✅ Support near 1.08000, which has held price several times before.
A breakout above the wedge signals a shift from bearish to bullish sentiment, making this a strong trade setup.
2. Key Support & Resistance Levels
🔹 Support Level (Demand Zone)
The horizontal blue zone at 1.07898 – 1.08000 is a critical support level.
This level has been tested multiple times, making it a strong demand zone where buyers step in.
The falling wedge bottom aligns with this area, reinforcing its importance.
If price stays above this zone, it confirms the potential for a bullish breakout.
🔹 Resistance Level (Supply Zone)
The resistance zone at 1.09300 - 1.09839 has acted as a barrier to upward movement.
Price previously reversed from this zone, making it a logical take-profit area.
If the breakout happens, this level will be tested again.
A break above 1.09839 would signal further bullish momentum.
3. Trading Strategy – Step-by-Step Execution
📌 Entry Confirmation
To enter this trade with confidence, traders should wait for a confirmed breakout above the wedge.
A strong bullish candle breaking above the wedge’s upper trendline signals entry.
Ideally, a pullback and retest of the breakout level would provide additional confirmation before entering long.
📌 Stop-Loss Placement
Risk management is key, and stop-loss placement should be strategic to avoid unnecessary losses.
A stop-loss is set just below 1.07898, slightly under the recent low.
This placement ensures protection against false breakouts.
📌 Take-Profit Target
The take-profit target is set at 1.09839, aligning with key resistance and the projected wedge breakout distance.
This level has historically acted as resistance, making it an ideal zone to exit profits.
Partial profit-taking can be considered near 1.09300, before the final target.
📌 Risk-to-Reward Ratio
With a tight stop-loss and a higher profit target, this trade offers a favorable risk-reward ratio (RRR).
A minimum RRR of 1:3 is recommended, meaning potential reward is three times the risk taken.
4. Expected Market Behavior & Possible Scenarios
📊 Scenario 1: Bullish Breakout Confirmation 🚀
If price breaks and closes above the wedge, we expect a rally towards 1.09300 - 1.09839.
Pullback to retest the breakout zone would further confirm bullish strength.
Strong volume would validate the breakout, leading to a high-probability move.
📉 Scenario 2: Bearish Breakdown (Invalidation) ❌
If price breaks below 1.07898, the bullish setup is invalidated.
A downside move could push the price lower, possibly towards 1.07500 or below.
Traders should exit long positions if this scenario unfolds.
5. Additional Technical Indicators for Confirmation
To strengthen this trade setup, traders can use:
✅ RSI (Relative Strength Index) – Look for RSI divergence or a move above 50, confirming bullish strength.
✅ MACD (Moving Average Convergence Divergence) – A bullish crossover on MACD would reinforce the breakout.
✅ Volume Analysis – A spike in volume at the breakout level adds confidence in the move.
6. Conclusion & Trading Plan
This falling wedge setup suggests a high-probability bullish breakout if the price confirms above the resistance zone.
🔹 Trading Plan Summary:
✅ Wait for a breakout above the wedge before entering.
✅ Confirm breakout with a retest or strong bullish candle.
✅ Set stop-loss below 1.07898 to limit downside risk.
✅ Take profit at 1.09839, securing profits at resistance.
This strategy offers an excellent risk-to-reward ratio, making it a well-structured trade setup. Always manage risk and avoid premature entries without confirmation.
📌 TradingView Tags for Maximum Visibility
#EURUSD #Forex #TechnicalAnalysis #FallingWedge #Breakout #PriceAction #ForexSignals #SupportResistance #TradingSetup #DayTrading #SwingTrading
Matador the EUR/USD Bull? - Bears about to jump in?After the previous 3 weeks of bullish havoc, the bears may have finally decided to pump the breaks on EUR/USD buyers.
As price continued to push higher, I held on to short positions that I began building up at 1.0851 & 1.0909 as I wanted to wait and see if the Pivot level R1 area (1.0935) was going to provide the wall to begin declining back down.
Once I saw the lack of advancement, I opened another strong short position at 1.0912 and now sitting at an overall average price of 1.0891.
I like this trade, however I am still staying cautious on that 1.0800 level. I want to see this price point clearly broken and trading below it, otherwise I will keep my stop at a close break-even point for risk protection. Overall, so far so good but we need to break through 1.0800.
From a purely technical analysis point of view, I see a small scale rising broadening pattern and this usually indicates a drop to the starting point of the pattern will take place however, If we drop aggressively, I may eye that 1.0600 level again which will lock in almost 300 pips but as I just said, these patterns usually return to their starting point so 1.0300 or below is not out of the question. I guess it depends on how the price action is looking whether I'd close or hold.
1.0600 is around the yearly pivot point so that is a good marker to shoot for IMO. Interestingly, the MACD and RSI show a rising broadening pattern as well so that gives me a little bit more conviction in this trade.
I see some other markers for this trade as well but I will share that in my next upcoming market preview video since it'd be too much to type.
As always, Good Luck & Trade Safe
US30 - Catch The Next Wave!US30 is currently in an uptrend, with price action respecting a well-defined ascending channel. We anticipate another bounce from channel support.
In Wave 2, price was rejected at the 38.2% Fibonacci retracement level, and we expect a similar reaction for Wave 4.
Our strategy is to wait for price to enter the buy zone, between the 38.2% and 50% Fibonacci retracement levels, and look for bullish reversal signals before entering a position.
Potential Bullish Reversal Signals:
Trendline break
Break of structure (BOS)
Other confirmation patterns
Trade Plan:
- Monitor price movement into the buy zone, aligning with channel support.
- Enter long positions upon confirmation of bullish price action, placing stop-loss below the established low formed after bullish confirmation.
Target levels: 45,000 and 48,500, with the remainder held for a potential extended swing trade.
Goodluck and as always, trade safe!
EURUSD: Forecast & Trading Plan
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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EURUSD is about to riseThe information of the Federal Reserve is about to be released. We need to get into the market one step ahead.
EURUSD
🎁 Buy@ 1.08500
🎁 SL 1.07500
🎁 TP 1.10000
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Weekly Market Analysis - 22nd Mar 2025Ok, here we go with another weekly market analysis!
So, what I'm feeling from my charting is that we may get a lower USD, but not before a little retracement first, particularly an iFVG on the 2W timeframe. After that, lower prices. This coincides with some of my analysis of other pairs, but not all of them. Whilst everything is not aligned yet, my instincts are usually pretty good. But, this not mean I am jumping into any trades yet. I have my own techniques for getting in and out of trades.
Check out the video and see if your own analysis flows with mine!
Analyzed pairs: DXY, EURUSD, NZDUSD, USDCHF, USDCAD, USDJPY, OIL, XPD, XPT, XAU, BTC.
Happy trading!
- R2F Trading
EURUSD Potential DownsidesHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08500 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08500 support and resistance area.
Trade safe, Joe.
EURUSD THEORY : BIG SHORT (W.B.: 24/03/25)Price has confirmed the change - not a strong confirmation but one nonetheless. For that reason, wait for price to retrace back into one of the drawn up POIs in order to decide where to sell from - If I get further signals that a sell will occur.
It should sell all the way to the bottom..
Next week should be interesting
N.B.: This is not financial advice. Trade safely and with caution.
EURUSD Channel Down bottomed. Short term buy.EURUSD is trading inside a (1h) Channel Down pattern, which just reached its bottom.
Last time that happened, the market rallied by 1.25%.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.09200 (+1.25%).
Tips:
1. The RSI (1h) is trading on higher lows, which is a bullish divegernce in contrast to the price's lower lows. Standard bottom signal.
Please like, follow and comment!!
EURUSD | 4H | WAIT BREAKOUTHey there, Traders,
I’ve put together an analysis for EUR/USD. Right now, I’m watching it like a hunter, waiting for a breakout. As soon as it happens, I’ll drop updates right here under this analysis.
Big thanks to everyone who supports me with likes—you guys are awesome!
God bless you all
HelenP. I Euro will decline to 1.0710, breaking support levelHi folks today I'm prepared for you Euro analytics. Euro recently tested the Support Zone, but buyers couldn't push the price higher. After a weak reaction, the price started to decline, showing that sellers are still strong. Now, it is trading near this support area, and I expect further downward movement. If sellers maintain pressure, EUR could break below the Support Zone and decline toward 1.0710 points, which coincides with the trend line. This level will be crucial—if the price bounces, we might see a local rebound, but if it breaks, a deeper drop could follow. Looking at past price action, we can see that the trend line has acted as strong support multiple times. However, each test weakens the level, increasing the chances of a breakdown. If the price reaches 1.0710 points, I will watch how it reacts. A clear breakdown could push EUR/USD lower, potentially toward 1.0425 (Support 2). For now, I anticipate a decline to 1.0710 points, where the price will decide its next move. My goal remains at 1.0710 points. If you like my analytics you may support me with your like/comment ❤️
EURUSD The Target Is UP! BUY!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0826 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0873
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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
EUR/USD Technical Analysis – Double Top Pattern & Bearish MoveThis EUR/USD 1-hour chart presents a clear Double Top pattern, signaling a potential trend reversal. The chart displays key technical elements, including support and resistance levels, trendlines, a stop-loss placement, and a take-profit target. Let’s go through an in-depth professional breakdown of this trading setup.
1. Market Structure and Trend Analysis
Before identifying the pattern, it’s crucial to analyze the market structure:
✔ The price had been in an uptrend initially, making higher highs and higher lows.
✔ However, the trend began to weaken after hitting resistance at the 1.0950 zone.
✔ This failure to break higher created a double top, which is a strong bearish reversal signal.
A double top forms when the price reaches a high twice, fails to break above resistance, and then declines past the neckline (support level), confirming trend reversal.
2. Double Top Pattern Breakdown
🔹 First Peak (Top 1):
The price surged upwards, hitting the resistance zone at 1.0950, but faced selling pressure.
The rejection resulted in a pullback to the neckline (support level at 1.0800-1.0820).
🔹 Second Peak (Top 2):
The price attempted another rally but failed at the same resistance zone, confirming seller dominance.
The second rejection suggests a lack of bullish strength, signaling a potential shift in momentum.
🔹 Neckline (Support Breakdown):
The key support zone around 1.0800 acted as a pivot level.
Once this level was breached, it confirmed bearish continuation.
3. Key Technical Levels & Price Action Signals
🟢 Resistance Level – 1.0950 Zone
This level has acted as a strong supply zone where sellers stepped in to push prices lower. The two failed breakout attempts indicate that buyers lost control.
🔵 Support Level (Neckline) – 1.0800-1.0820 Zone
Initially, this area provided buyer support, but once broken, it became a resistance level (previous support turns into new resistance).
⚡ Stop-Loss Placement – 1.09190
A well-placed stop-loss above the resistance zone protects against false breakouts.
If the price rises above this level, it invalidates the bearish structure.
🎯 Take-Profit Target – 1.06916
The projected target aligns with the measured move (the distance from the resistance to the neckline).
The price may find support at this level, where traders should look for a potential reversal or continuation.
4. Confirmation of Bearish Breakdown
For a high-confidence short trade, multiple confluences support the bearish bias:
✔ Break & Retest of the Neckline – After breaking support, the price attempted a retest and failed, confirming resistance.
✔ Trendline Break – The trendline supporting the previous uptrend has been decisively broken.
✔ Bearish Price Action – The formation of strong red candles and lower highs suggests sustained selling pressure.
✔ Momentum Shift – Increased bearish volume further confirms the reversal strength.
5. Trading Strategy & Execution Plan
✅ Entry Criteria
Sell after the retest rejection at the previous support (now resistance).
Look for a strong bearish candle formation as a confirmation signal.
📉 Risk Management
Stop-Loss: Placed slightly above 1.09190, ensuring the pattern remains valid.
Take-Profit: Target set at 1.06916, aligning with previous structure support.
💰 Risk-Reward Ratio
The setup offers an attractive risk-to-reward ratio, making it a high-probability trade.
6. Alternative Scenarios & Market Considerations
Although the bearish bias is dominant, traders should be prepared for alternative outcomes:
🔸 Fakeout Risk: If price closes above 1.09190, it could indicate a failed breakdown, invalidating the trade.
🔸 Bounce from 1.06916: If the price reaches the target support zone, buyers might step in, leading to a potential reversal.
🔸 Fundamental Influence: News events (such as FOMC, ECB statements, or US inflation data) can increase volatility and impact price direction.
7. Conclusion – A High-Probability Short Trade
This Double Top pattern setup presents a textbook bearish reversal, offering an excellent short-selling opportunity. The combination of technical confirmations, price action signals, and a well-structured risk-reward ratio makes this trade highly reliable.
Final Takeaways:
✔ Bearish Confirmation – Double Top breakdown with a retest rejection.
✔ Sell Setup Validity – Below 1.0800 support.
✔ Stop-Loss & Target Defined – Risk-controlled strategy execution.
📊 Verdict: Bearish trade setup with downside potential toward 1.06916. Traders should monitor price action for further confirmations! 🚀
DXY aka USD suspicious leading diagonalif price confirms it is a leading diagonal, we will see a corrective move down before another spike higher.
Am eagerly waiting for the confirmation to load up positions in eurusd gpb aud etc as DXY will show the way, it moves up mean USD bullish and hence eurusd gbpusd etc moves down.
Good luck.
PS: Give a boost if you like my sharing
Three Possible Scenarios for EURUSDEURUSD has flattened out after its strong upward move from around 1.0350 to 1.0950. The bullish momentum has eased, with Europe’s new spending plans priced in, most of the tariff impact accounted for, and markets digesting the FOMC forecasts. Now, the focus shifts to the next major decision point.
There are three possible scenarios:
1-This is a double top formation around 1.0950. If 1.08 breaks, the formation target is at 1.0650, which is also the midpoint of the rally from 1.0350 to 1.0950. It’s a classic technical setup, and fundamentals such as a potential escalation in trade tensions when the April 2 tariffs come into effect could support this move.
2- The second scenario is that this is a consolidation phase before the next leg higher. In this case, the current movement forms a flag pattern, and a breakout would aim for 17 years long downtrend line just above 1.11. For this to materialize, a clear breakout above 1.0950 with strong fundamental support is required.
3- The market may stay indecisive due to the high level of risks and unknowns. In this case, EURUSD would likely continue moving sideways, possibly with minor corrections or false breakouts on both ends, before a clearer direction emerges.
Our view favors the first scenario as the most probable outcome, though all three have valid technical and fundamental reasoning behind them. We lean toward the first scenario because sharp upward moves like this typically require a healthy correction, the risk of trade war escalation increases with each new statement from Trump, and the technical setup aligns well with this narrative.
Lagarde Flags Slower Growth from U.S. TariffsThe euro fell below $1.085, retreating from its March 18 high of $1.0954, after ECB President Christine Lagarde warned of slower growth risks. Speaking to European lawmakers, she said a proposed 25% U.S. tariff on EU goods could cut eurozone growth by 0.3 percentage points in the first year, or 0.5 points if the EU retaliates. Lagarde added that the main impact would be front-loaded, with limited inflation pressures, suggesting the ECB is unlikely to raise rates in response.
Key resistance is at 1.0860, followed by 1.0950 and 1.1000. Support stands at 1.0800, with further levels at 1.0730 and 1.0670.