Bullish bounce?EUR/USD is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.0354
Why we like it:
There is an overlap support level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.0305
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 1.0458
Why we like it:
There is an overlap resistance level.
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EURUSD
EUR/USD - Bearish Setup with Elliott Wave StructureAnalyzing EUR/USD on the 15-minute timeframe using Elliott Wave Theory. Expecting a corrective wave (4) to complete before a final impulsive wave (5) downward.
Entry Zone: Just below the recent high
Stop Loss: Above wave (4) completion
Target: 1.0330-1.0315 range
Watching for confirmation before taking the trade. Let’s see how it plays out!
#ElliottWave #EURUSD #ForexTrading #TechnicalAnalysis
EUR/USD Analysis by zForex Research TeamEuro Weakens as ECB Signals Further Rate Reductions
The EUR/USD pair faces selling pressure near 1.0385 in Friday’s Asian session, weighed down by expectations of further ECB rate cuts. Investors await clarity on Trump’s potential tariff threats, which could impact market sentiment.
As expected, the ECB cut its deposit rate to 2.75% on Thursday, signaling the possibility of further reductions amid economic uncertainty and inflation concerns. Eurostat data showed the Eurozone economy stagnated in Q4, missing the 0.1% growth forecast after 0.4% in Q3. Germany’s Retail Sales and Unemployment data, due Friday, could provide direction.
In the US, the Fed kept rates at 4.25%-4.50% on Wednesday, with Powell ruling out immediate cuts without supporting inflation and employment data. Weaker US GDP growth of 2.3% in Q4, below forecasts, limited the dollar’s gains.
From a technical perspective, the first resistance level is at 1.0450, with further resistance levels at 1.0515 and 1.0550 if the price breaks above. On the downside, the initial support is at 1.0355, followed by additional support levels at 1.0270 and 1.0225.
Bearish trends in the days ahead. Hello,
To all my folks who are trading forex. Right now everything has been going crazy with all the news across the world.
One thing can be sure is the USD is reigning supreme. With a guy sitting at the big White House in DC. Be rest assured he wants to be first at everything. He wants US first in everything. It’s only a matter of time before things start to reflect certain aspects of that. Especially the USD.
So let’s take a look at what the EUR has been doing for a while! What it has been doing for a long time is falling.
Things will continue to be that way. If we extend the times on the chart to 4hrs, day, week and even month. You can see that things are looking to trace back to low’s that haven’t been hit in years.
Of course, things will always have to retrace, you will have your support and resistance levels. That’s a gimme. It’s what we do at those levels is what will define these future trades.
At this time. It’s time to throw the towel in and admit. We are in a EUR/USD downtrend for a long time to come.
As always, research your entries, confirm your strengths and look for opportunities to trade smarter. If you enjoy this publish idea, please follow and boost this up.
- Thank you
EurUsd - This Will Impact Your Trading In 2025!EurUsd ( OANDA:EURUSD ) is heading much lower:
Click chart above to see the detailed analysis👆🏻
For basically an entire year, EurUsd has been retesting a massive previous support which was then turned resistance. Over the past couple of months, we then saw a significant drop breaking all structure towards the downside and it is quite likely that this won't stop soon.
Levels to watch: $1.090, $0.970
Keep your long term vision,
Philip (BasicTrading)
UPDATE SWING TRADE SETUP EURUSDThe two major news events have come and gone and the long setup on EU is not only still valid but we have gotten confirmation with a bullish choch
I'm looking for price to react bullish on the lower timeframe from the fair value gap or the 2H OB. This is to get the best possible entry with a relatively smaller SL.
There is always a chance that the setup won't work out however in my opinion this has a small chance of failing.
Main target is the daily high and a longer term target is December's high unless price action changes bearish.
Hope this analysis helps and remember to always follow your rules and keep good risk management
$EUNITR - Europe Interest Rates $EUNITR
(January/2025)
source: European Central Bank
- The European Central Bank lowered its key interest rates by 25 bps in January 2025, as expected, reducing the deposit facility rate to 2.75%, the main refinancing rate to 2.90%, and the marginal lending rate to 3.15%.
This move reflects the ECB’s updated inflation outlook, with price pressures easing in line with projections.
While domestic inflation remains elevated due to delayed wage and price adjustments, wage growth is moderating, and corporate profits are absorbing some inflationary effects.
Despite persistent tight financing conditions, the rate cut is expected to gradually ease borrowing costs for firms and households.
The ECB remains data-driven and has not committed to a predetermined rate path, emphasizing a cautious approach to ensuring inflation stabilizes at its 2% target.
Setup #003 - EURUSD - LongWaiting for entry trigger. Must come between 10am-12pm ET today.
Confluences:
✅ Bullish overall bias
✅ Bulllish demand zone
✅ Bullish bat pattern
✅ Bullish divergence in price reversal zone
✅ Buillish break of structure
✅ Entering London close zone
✅ Break of structure confirmed
✅ Required risk:reward met
Euro could rise to 1.0560 points within the wedgeHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price traded near the seller zone, which coincided with the resistance level and when it moved up, it at once turned around and dropped to the 1.0350 level, breaking the resistance level. Then price started to grow inside the pennant, where it rose higher than the resistance level again, making a gap and later even reaching the resistance line of the pennant pattern. After this movement, the Euro started to decline and quickly fell to the support line of the pennant, breaking the 1.0510 level and soon it exited from the pennant pattern and then fell to the support level, which coincided with the buyer zone. Then the price rose a little and dropped to 1.0220 points, breaking the support level too. But soon, the Euro turned around and made impulse up, breaking the support level again and even later started to trades inside the wedge. In this pattern price first made a correction to the support line and then in a short time rose back to the support level, broke it, and continued to move up. Later price reached a resistance level, but a not long time ago it rebounded and fell to the support line, which recently bounced and started to grow. So, in my opinion, the Euro can continue to move up in wedge to resistance line, breaking resistance level. For this reason, I set my TP near the resistance line, at 1.0560 points. Please share this idea with your friends and click Boost 🚀
EURUSD The Target Is DOWN! SELL!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.0491
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.0413
My Stop Loss - 1.0527
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
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WISH YOU ALL LUCK
XAU/USD : Bull or Bear (READ THE CAPTION)By analyzing the 4-hour gold chart, we see that, as expected, the price continued its upward movement following yesterday's analysis, hitting the $2752 and $2764 targets, delivering a 200-pip return. After reaching $2764, gold corrected from $2766 down to $2757, and it is currently trading around $2759. If the price stabilizes below this level, we could see further corrections.
⚠ Important Note: Today, we have the FOMC meeting and the U.S. interest rate decision, which could lead to high market volatility. I strongly recommend avoiding trading during these critical hours!
THE MAIN ANALYSIS :
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
DeGRAM | EURUSD fixed under the channelEURUSD is under an ascending channel between the trend lines.
The chart has consolidated under the ascending channel.
We expect the price to continue falling towards the next support.
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EURUSD - Post News ScenariosEurusd is currently holding onto downward trendline and upcoming news events will provide a clear direction to price. This can either break up and target above levels or touch below support and then bounce. Due to the high impact of news, the move can be extremely volatile so please watch out for slippage.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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.
EURUSD is possible to drop soon!Hey guys,
based on the chart, I've identified a resistance area (in 4H timeframe).
And we can see the rejection of price from the mentioned area.
Also as confirmation for our scenario is the descending channel that is identified on the chart.
So It ca be another good trading opportunity with risk/reward ratio around 1/4 which is considerable!
Good luck.
+400 pips Advanced BUY/HOLD EURUSD XABCD swing trade setup BULLS🔸Hello traders, let's review the 4 hour chart for EURUSD. Speculative XABCD in progress, with PRZ/D set at 0680, so expecting more losses in EURUSD before reversal from point C.
🔸XABCD structure is defined by point X at 0585, point A at 0200, point B
at 0520, point C at 0275, point D/PRZ at 0680, currently most points validated, point C/PRZ still pending, so traders should wait until we hit C before buying.
🔸Recommended strategy for EURUSD traders: wait for pullback/correction
to complete at point C near 0275, buy/hold, SL 60 pips, TP1 +200 pips TP2
+400 pips. BUY/HOLD at point C/PRZ at 0275. swing trade setup. good luck!
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EUR/USD Gains Limited by USD StrengthEUR/USD edges higher after three losses, trading around 1.0420 in Thursday’s Asian session, driven by a technical USD rebound. The US Dollar Index (DXY) remains just under 108.00.
Further EUR/USD gains may be limited as the Fed maintains a hawkish stance, removing confidence in inflation reaching 2%. Fed Chair Powell stated policy changes require "real progress on inflation or labor market weakness." As expected, the Fed held rates at 4.25%-4.50% in January after three cuts since September 2024, totaling a 1% reduction.
Meanwhile, the ECB is expected to cut rates by 25 basis points on Thursday, lowering the Deposit Rate to 2.75%, with further cuts anticipated, pressuring the Euro. Traders await Eurozone and German Q4 GDP data, followed by the US GDP report later.
Technically, resistance levels are at 1.0450, 1.0515, and 1.0550, while support levels are at 1.0355, 1.0270, and 1.0225.
EURUSD - Sell Setup After Key Support BreakOANDA:EURUSD has decisively broken below a key trendline, signaling an increase in bearish momentum. This breakdown suggests that sellers are gaining control, with the potential for further downside continuation.
In the near term, price may revisit the breakout level for a retest, where the previous support could now act as resistance. A failure to reclaim this level would reinforce bearish sentiment, increasing the likelihood of renewed selling pressure. If sellers maintain dominance, the price may head toward the 1.03120 level.
For confirmation of continued downside movement, traders should look for bearish technical signals, such as a rejection wick, a bearish engulfing candlestick, or increased selling volume. Conversely, a sustained move back above the resistance level could invalidate the bearish setup and shift the bias toward a potential bullish recovery.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
EURUSD 30 Jan 2025 W5- Intraday Analysis - ECB Rate / LagardeThis is my Intraday analysis on EURUSD for 30 Jan 2025 W5 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Federal Reserve's Decision: The Fed maintained the federal funds rate at 4.25% to 4.50%, citing stable economic growth and a low unemployment rate.
Fed's Outlook: Chair Powell emphasized a cautious approach, indicating no immediate plans to adjust rates and highlighting the need to assess the economic impacts of forthcoming policies from the Trump administration.
Presidential Response: President Donald Trump criticized the Fed's decision, attributing ongoing inflation issues to the central bank's policies and pledging to address inflation through measures such as enhancing energy production, deregulation, and trade adjustments.
Heavy Economic Reports today: Starting with EUR Unemployment, GDP, ECB Interest Rate / Lagarde Press Conference to US GDP and Core PCE.
Overall, the market sentiment reflects a blend of caution and anticipation as investors monitor the interplay between the Federal Reserve's monetary policy and the administration's fiscal initiatives.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹INT structure continuing bullish after the bullish BOS. We expect that at anytime the Swing Pullback will start.
🔹With price failing to close above Weak INT High, there is a HP that we are going to target the INT Low which will facilitate the Bullish Swing Pullback.
🔹Price is currently mitigating the large 4H Demand zone but failing till now to do something significant (At least a Bullish CHoCH).
3️⃣
🔹Expectation is set for price to continue Bearish to target the Strong INT Low to facilitate the 4H Bullish Swing Pullback and the Daily Bearish Continuation.
15m Chart Analysis
1️⃣
🔹Swing Bearish
🔹Swing Continuation
2️⃣
🔹Swing is continuing bearish with a new bearish BOS.
🔹After a BOS we expected a pullback which already reached the Swing Premium and mitigated the 15m / 4H supply zones.
🔹No clear INT structure within the Swing but the Fractal is currently bearish indicating the bearish swing pullback could be over and we are currently forming the Swing continuation phase to target the weak Swing Low.
3️⃣
🔹Expectation is for price to continue bearish (4H INT low to be broken) but to be cautious that we still within the 4H demand that is not fully mitigated.