Symmetrical Triangle Breakout: EUR/USD Eyes Higher Levels..!📊 EUR/USD Technical Analysis – Breakout Watch..! 💥
🕰 Timeframe: 4H | 📅 Date: May 20, 2025
By: @Kartik\_Elkunchwar
The EUR/USD pair is showing an **interesting structure** with strong breakout potential. Here's the breakdown:
🔍 Chart Pattern Observed: Symmetrical Triangle
After a strong uptrend since late March, price consolidated into a symmetrical triangle, marked by lower highs and higher lows.
This formation typically indicates indecision in the market, but it often precedes a strong breakout.
📈 Uptrend Intact
The dotted line labeled UP-TREND shows that the bullish momentum is still present, with price respecting the rising support line over time.
This trendline has acted as a reliable dynamic support, reinforcing the bullish bias.
🔔 Recent Price Action
Price recently broke out above the upper trendline of the triangle, closing around **1.1275**.
This breakout is accompanied by a surge in momentum and could signal the resumption of the bullish trend.
📌 Key Levels to Watch
Resistance Zone: 1.1300 – If price breaks and sustains above this level, we could see a rally toward **1.1400–1.1450**.
Support Zone: 1.1200 and 1.1100 – In case of a false breakout or retest, these levels may act as buying opportunities.
🧠 Conclusion
The EUR/USD pair is giving a **potential long setup** after consolidating for weeks. A confirmed breakout above the triangle indicates **buyers may be gaining control**. Watch for a **retest and bounce** for higher conviction entries.
📉 What’s your take on EUR/USD? Bullish or Bearish..?
Drop your analysis in the comments! 💬
EURUSD
EURUSD INTRADAY bulish breakout supported at 1.1100EUR/USD remains in a long-term bullish trend, but price action has been consolidating sideways since reaching the recent swing high on April 21, 2025.
The key support level to watch is 1.1100. This is the current swing low and a critical level for the bullish structure to hold. If the pair pulls back and finds support here, a rebound could lead to upside targets at 1.1275, then 1.1356, and eventually 1.1460 over the longer term.
However, if the price breaks below 1.1100 and closes below that level on the daily chart, the bullish outlook would be invalidated. In that case, further downside could follow, with 1.1030 as the next support, and then 1.0990.
In conclusion, EUR/USD remains bullish above 1.1100, but a confirmed break below that level would shift the outlook to bearish in the short term.
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EURUSD SHORT FORECAST Q2 W21 D20 Y25EURUSD SHORT FORECAST Q2 W21 D20 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅4H 50 EMA
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Fundamental Market Analysis for May 20, 2025 EURUSDEURUSD:
EUR/USD tested high levels on Monday, briefly rising to 1.1300, but then retreated slightly, although the day ended higher overall. Nevertheless, the pair remains in a short-term consolidation zone.
Last Friday, rating agency Moody's downgraded the United States (US), stripping it of its latest AAA rating on Treasuries, citing the growing US debt and long-standing government budget deficits that various presidential administrations have either neglected or failed to manage effectively. While initial investor reaction was shaky, sentiment quickly stabilised and the impact on US creditworthiness was largely written off. Still, Treasury markets are struggling: On Monday, 30-year bond yields topped 5 per cent and 10-year yields topped 4.5 per cent.
Federal Reserve (Fed) officials have been working hard this week to manage market expectations for a possible rate cut. Fed policymakers have continually reminded investors that ongoing U.S. tariff and trade policies complicate the outlook for the national economy, which in turn affects rate adjustments.
Thursday will see the release of German and pan-European purchasing managers' index (PMI) reports from HCOB, providing a double dose of business expectations surveys on both sides of the Pacific. Both the German and pan-European PMIs are expected to rise moderately. The key economic data release from the US will be the S&P Global PMI data for May, where average market expectations suggest a slight decline in both the manufacturing and service components of the PMI report due to the impact of tariffs on business spending.
Trading recommendation: BUY 1.1250, SL 1.1230, TP 1.1350
Bearish drop?The Fiber (EUR/USD) is rejecting off the pivot and could drop to the 1st support.
Pivot: 1.1273
1st Support: 1.1084
1st Resistance: 1.1371
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EUR_USD WILL GO DOWN|SHORT|
✅EUR_USD has retested a
Resistance level of 1.1290
And we are seeing a bearish reaction
With the price going down so we are
Bearish biased now and we will be
Expecting the pair to go further down
SHORT🔥
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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.
Will the Euro weaken against the US Dollar?EURUSD has started a price and time correction since July 28, 2008 in the form of a diametric pattern.
Wave-(f) currently appears to be forming. We see two price ranges for the end of wave-(f) in terms of price:
a - range 1.15758-1.17173
b - range 1.21357-1.23505
After the completion of wave-(f) we expect wave-(g) to continue to the specified range.
Good luck
NEoWave Chart
Potential bearish drop?EUR/USD is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 1.1270
Why we like it:
There is an overlap resistance level.
Stop loss: 1.1374
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Take profit: 1.1139
Why we like it:
There is a pullback support level.
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EURUSD: The Market Is Looking Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The market is at an inflection zone and price has now reached an area around 1.12314 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 1.12646.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Euro jumps as Eurozone core CPI risesThe euro is sharply higher on Monday. In the North American session, EUR/USD is trading at 1.1250, up 0.79% on the day.
Eurozone headline inflation was confirmed at 2.2% y/y and 0.6% m/m in April, unchanged from the preliminary estimates. The core rate was also confirmed at 2.7% y/y and 1% m/m. Services inflation rose to 3.9% from 3.5%.
The European Central Bank will be pleased that inflation was unchanged in the final April release but remains concerned about services inflation, which remains persistently high. The ECB trimmed its key rate by a quarter point to 2.25% last month and meets next on June 5. The markets have priced in another rate cut, as the ECB looks to take advantage of stable inflation and lower rates in order to boost economic growth.
The ECB can be expected to be cautious with its rate path and continue its data-driven approach. There is much uncertainty surrounding President Trump's tariffs, which has made it difficult for the ECB to make inflation and growth projections. What is clear is that eurozone growth has taken a hit from the tariffs and the outlook and the outllook for global growth has been revised downwards. The damage from the tariffs could be mitigated if the US and China can reach an agreement which removes the tariffs betweeen them.
The uncertainty surrounding US trade policy has also pushed the Federal Reserve into a wait-and-see stance, despite Trump's loud calls for a rate cut. The Fed held rates at this month's meeting and is widely expected to stay on the sidelines again in June. The Fed is waiting for more clarity on the tariff front, but any surprises from inflation or employment data could have a signifcant impact on rate policy.
EURUSD Massive Short! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.1244
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.1181
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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
DeGRAM | EURUSD holding the 1.12 level📊 Technical Analysis
● Price defended the rising-channel median (1.1200) and formed a bullish pennant against the blue corrective trend-line; pattern completion projects to the next horizontal/diagonal confluence at 1.1380.
● Momentum is flipping positive as the pair climbs back above the short-term descending channel roof, turning it into support and aligning with repeat bounces off 1.1100.
💡 Fundamental Analysis
● May euro-area flash PMIs surprised on the upside while US industrial output slipped, narrowing growth differentials and cooling USD demand.
✨ Summary
Pennant + channel support and firmer EU data vs. softer US output back a push toward 1.1300 → 1.1380; bias void if 1.1100 breaks.
-------------------
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EURUSD: Support & Resistance Analysis For This Week 🇪🇺🇺🇸
Here is my latest support and resistance analysis for EURUSD.
Resistance 1: 1.1250 - 1.1295 area
Resistance 2: 1.1368 - 1.1381 area
Resistance 3: 1.1420 - 1.1427 area
Resistance 4: 1.1510 - 1.1574 area
Support 1: 1.1051 - 1.1093 area
Support 2: 1.1085 - 1.1089 area
Support 3: 1.1073 - 1.1078 area
Consider these zones for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
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Euro can continue to decline in channel to buyer zoneHello traders, I want share with you my opinion about Euro. Earlier, the Euro formed a symmetrical triangle, where the price squeezed between resistance and support lines before breaking out with a strong impulse move. After this breakout, the pair quickly climbed toward the 1.1420 - 1.1455 resistance area, a major seller zone, but failed to hold above it. Since then, the price structure shifted into a well-defined downward channel. Within this channel, we’ve seen repeated rejections from the upper boundary and controlled declines toward the support line. Recently, EUR rebounded again from the resistance line, confirming that sellers remain in control. Now the price is heading lower once more. Given this repeated rejection and the prevailing bearish structure, I expect the decline to continue toward the next key area, the 1.1070 - 1.1035 buyer zone. This level aligns with the channel’s support and has acted as a reaction zone in the past. That’s why I set my TP at 1.1035, the bottom of the buyer zone and a logical target within this bearish setup. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
SELL!! BUT DON'T SHORT WITHOUT REASON EURUSD FORECAST Q2 W21 Y25EURUSD SHORT FORECAST Q2 W21 Y25
SELL!!!! BUT DON'T SHORT WITHOUT REASON!
EURUSD IS READY TO TAKE YOUR ACCOUNT. THERE IS A WRAFT OF KEY LEVELS TO POTENTIALLY SHORT FROM.
I KNOW. I HAVE INDEED IDENTIFIED THEM HOWEVER ... let's not KILL out accounts !!!!! lets be sure when to pull the trigger on shorts!!!!
I'll be honest, I foresee a reaction from every point of interest BUT, dependant on YOUR entry model, depends if you can get Breakeven faster than the rest or even to take profit.
SELL IS THE PLAY BUT BE SMART...
EURUSD SHORT FORECAST Q2 W20 D15 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅HTF Bearish price action
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
7. "Boom! Trap, grab, and rally — just as planned."
**"She walked right into the selling zone like she owned the chart.
But baby, this ain’t a fairy tale — this is Elliott Wave.
Wave C? Dead on arrival.
CHOCH triggered? Game on.
Retail's still dreaming of 1.40 —
We're already targeting the magnet zone with sniper precision.
She teased the breakout, we caught the fakeout.
This ain't luck. It's strategy wrapped in savage.
Trade less. Win more.
Stay sexy, stay sharp."**
Chart spoke. We listened. See how price respected every level!"Great when BOS + supply/demand lines hit perfectly.
Most traders chased the bounce.
We waited in the shadows — right at the selling zone.
Wave 4? Textbook correction.
Wave 5? That’s where the money’s made.
Elliott Wave isn’t just theory — it’s a weapon.
Break of structure? Marked.
Zone tested? Clean.
Rejection? Savage.
This is how professionals trade — not with hope, but with precision.
DXY: playing checkers while we play chess.”**
EURUSD Near Top Of Channel — Correction Imminent!!!EURUSD ( FX:EURUSD ) is trading in the Resistance zone($1.1310-$1.1162) , near the upper line of the descending channel and the Monthly Pivot Point .
In terms of Elliott wave theory , it seems that EURUSD has completed five main impulse waves , and with the break of the Uptrend lines , we should expect corrective waves . Most likely, EURUSD is completing microwave 4 , and we should expect the next decline and the formation of microwave 5 .
I expect EURUSD to fall to at least $1.1073 , and the next targets are marked on the chart.
Note: If EURUSD touches $1.1330 , we should expect further gains.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Europe’s Political Powder Keg: Markets on Edge!🔥 Europe’s Political Powder Keg: Markets on Edge! 🔥
Europe’s elections just dropped a BOMB! 💣 Poland (May 18), Portugal (May 18), and Romania (May 4 & 18) rejected far-right surges, but the center’s crumbling. 🇪🇺 Poland’s pro-EU Trzaskowski barely leads—June 1 runoff could flip it! Portugal’s Chega is shaking the old guard, and Romania’s Nicușor Dan rides an anti-corruption wave.
Why care? Political chaos = market volatility. 📉 EUR/USD is wobbling, DAX could tank, and defense stocks (🇺🇦 ties) are in play.
💡 Trade Idea: Overlay EUR/USD with election dates (May 4, May 18, June 1) to catch volatility spikes.
❓ What’s your move? Will Europe’s turmoil crash markets or spark a rally? Drop your take below! 👇
EURUSD Is Going Up! Long!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.116.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.118 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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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