Bearish drop?EUR/USD has reacted off the pivot and could drop to the 1st support.
Pivot: 1.14245
1st Support: 1.1146
1st Resistance: 1.1569
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EURUSD
German inflation higher than expected, Euro dipsThe euro is calm on Wednesday. In the North American session, EUR/USD is trading at 1.1334, down 0.45% on the day.
Germany's inflation rate dropped to 2.1% y/y in April, down from 2.2% in March but above the market estimate of 2.0%. This was the lowest level in seven months, largely driven by lower energy prices.
The more significant story was that core CPI, which excludes energy and food and is a more reliable indicator of inflation trends, rose to 2.9% from 2.6%. This will be of concern to policymakers at the European Central Bank, as will the increase in services inflation. The ECB has to balance the new environment of US tariffs and counter-tariffs against the US, which will raise inflation, along with the strong rise in the euro and fiscal stimulus which will boost upward inflationary pressures.
The ECB will be keeping a close look at Friday's eurozone inflation report, which is expected to follow the German numbers. Headline CPI is projected to drop to 2.1% from 2.2%, while the core rate is expected to rise to 2.5% from 2.4%. The central bank would prefer to continue delivering gradual rate cuts in order to boost anemic growth, but this will be contingent on inflation remaining contained.
The markets were braced for soft US numbers but the data was worse than expected. ADP employment change declined to 62 thousand, down from a revised 147 thousand and below the market estimate of 115 thousand.
This was followed by first-estimate GDP for Q1, which declined by 0.3% q/q, down sharply from 2.4% in Q4 and lower than the market estimate of 0.3%. This marked the first quarterly decline in the economy since Q1 2022. The weak GDP reading was driven by a surge in imports ahead of US tariffs taking effect and a drop in consumer spending.
EUR/USD has pushed below support at 1.1362 and is testing support at 1.1338. Below, there is support at 1.1306
There is resistance at 1.1394 and 1.1418
German inflation higher than expected, Euro dipsThe euro is calm on Wednesday. In the North American session, EUR/USD is trading at 1.1334, down 0.45% on the day.
Germany's inflation rate dropped to 2.1% y/y in April, down from 2.2% in March but above the market estimate of 2.0%. This was the lowest level in seven months, largely driven by lower energy prices. The more significant story was that core CPI, which excludes energy and food and is a more reliable indicator of inflation trends, rose to 2.9% from 2.6%. This will be of concern to policymakers at the European Central Bank, as will the increase in services inflation.
The ECB has to balance the new environment of US tariffs and counter-tariffs against the US, which will raise inflation, along with the strong rise in the euro and fiscal stimulus which will boost upward inflationary pressures. The ECB will be keeping a close look at Friday's eurozone inflation report, which is expected to follow the German numbers. Headline CPI is projected to drop to 2.1% from 2.2%, while the core rate is expected to rise to 2.5% from 2.4%.
The central bank would prefer to continue delivering gradual rate cuts in order to boost anemic growth, but this will be contingent on inflation remaining contained.
The markets were braced for soft US numbers but the data was worse than expected. ADP employment change declined to 62 thousand, down from a revised 147 thousand and below the market estimate of 115 thousand.
This was followed by first-estimate GDP for Q1, which declined by 0.3% q/q, down sharply from 2.4% in Q4 and lower than the market estimate of 0.3%. This marked the first quarterly decline in the economy since Q1 2022. The weak GDP reading was driven by a surge in imports ahead of US tariffs taking effect and a drop in consumer spending.
Bullish bounce off pullback support?EUR/USD is falling towards the support level which is a pullback support that lines up with the 127.2% Fibonacci extension and the 61.8% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.1274
Why we like it:
There is a pullback support level that lines up with the 127.2% Fibonacci extension and the 61.8% Fibonacci projection.
Stop loss: 1.1145
Why we like it:
There is a pullback support level that line sup with the 61.8% Fibonacci retracement and the 100% Fibonacci projection.
Take profit: 1.1415
Why we like it:
There is a pullback resistance level.
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EURUSD: Small bounce followed by a strong sell-off.EURUSD is bullish on its 1D technical outlook (RSI = 59.681, MACD = 0.0130, ADX = 48.626) but has turned sideways since the April 21st High with the 1D RSI getting rejected on March's Resistance back to the HL trendline. As you see this is roughly the same pattern as August 2024. After the RSI hit the HL trendline it pushed the price upwards back to the recent High only to get rejected heavily to the S1 level. Consequently, we are waiting for that rejection to be confirmed and take the short to the March 26th S1 level (TP = 1.07500).
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EURUSD: Local Bearish Bias! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 1.13366 will confirm the new direction downwards with the target being the next key level of 1.13144.and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURUSD: Bullish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed up by the bulls so we will buy!
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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IMP update for all Forex Traders Expect the Dollar Index (DXY) to appreciate in the near future. However, a further decline into the green highlighted region is possible before this upward movement. The green zone represents a potential key reversal area. Monitor the following currency pairs for trading opportunities if the DXY begins to climb:
BUY - USDCAD, USDCHF, USDSGD;
SELL - EURUSD, GBPUSD
Euro may drop to 1.1200 points, exiting from pennant patternHello traders, I want share with you my opinion about Euro. Earlier, the price was growing steadily inside an upward pennant, following a strong breakout from the buyer zone. This impulse pushed the market higher toward the current support level at 1.1300, where the price found a temporary stabilization. Afterward, EUR moved into a range phase, trading sideways between local highs and lows. Despite several attempts to break higher, the market repeatedly showed weakness near the upper boundary, resulting in multiple turnarounds. Each bounce up was followed by lower highs, forming the descending resistance line of the pennant, while buyers defended the support area. Currently, the market is squeezed between the resistance and support lines, forming a classic compression pattern. Price action reveals increasing pressure on the support, and recent rebounds are becoming weaker, a clear sign of buyers losing momentum. In my view, the overall market situation has shifted from a strong bullish impulse toward a potential downside correction. So, given the breakdown structure forming and the price testing the lower side of the pennant multiple times, I expect a bearish breakout soon. My current TP1 is the 1.1200 points level. Please share this idea with your friends and click Boost 🚀
EURAUD H2 compression BUY/HOLD +150/300 pips🏆 EURAUD Market Update
📊 Technical Outlook
🔸Short-term: BEARS 7650/7700
🔸Mid-term: BULLS 8050/8150
🔸Status: compression wedge
🔸getting ready for a PUMP
🔸noteworthy compression in April
🔸Price Target Bears: 7650/7700
🔸Price Target BULLS: 8050/8150
📊 Forex & Gold Market Highlights – April 30, 2025
💶 EUR/USD Nears 1.1400
- Trading around 1.1390 amid softer U.S. economic data
- Investors await German economic indicators and U.S. PCE report
- April shows a 5.1% gain, the largest monthly increase since November 2022
💷 GBP/USD Hovers Near 1.3400
- Sterling trades at approximately 1.3379 after testing YTD highs
- U.S. JOLTS and Consumer Confidence data missed forecasts, fueling Fed rate cut speculation
🥇 Gold Retreats Below $3,310
- Spot gold at $3,302.58 per ounce, down 0.4%
- Decline follows easing trade tensions and a stronger U.S. dollar
- Investors focus on upcoming U.S. PCE data and non-farm payrolls report
📌 Market Outlook:
- EUR/USD: Potential to test 1.15 if German data supports euro strength
- GBP/USD: Eyes on U.S. economic data for direction; support around 1.3300
- Gold: Volatility expected; watch for U.S. economic indicators influencing Fed policy expectations
Chart Overview (EUR/USD — 4H)Pair: EUR/USD
Timeframe: 4 Hour
Current Price: 1.13596
Key Concept Highlighted:
“This is where money is made — in the retrace, not the rally.”
(Focus is on catching retracements, not chasing rallies)
---
Technical Breakdown
1. Wave Count (Elliott Wave context assumed)
The chart labels wave iii as complete.
A corrective move is underway (likely forming wave iv).
The next anticipated move is wave v rally to the upside — target zone shown near 1.22000–1.20000.
2. Key Zones
Immediate Support/Buy Zone: Small rectangle near the current price (likely minor demand zone).
Major Buy Zone: 1.10500–1.11500 (approximate)
→ Strong demand area backed by confluence of:
Previous wave structure support
Trendline retest
Cluster of economic event icons (suggesting high volatility catalysts)
3. Bias
Waiting for price to either:
Bounce from the immediate small support (early aggressive long), or
Dip deeper into the major buy zone for safer long entries.
---
DeGRAM | EURUSD Declining From the Supply Zone📊 Technical Analysis
● EUR/USD stays below the broken resistance line.
● While under $1.144, the chart favors a slide to 1.131 → 1.12.
💡 Fundamental Analysis
● U.S. yields remain elevated, supporting the dollar.
✨ Summary
Stalling Euro-area growth and firm U.S. yields reinforce the technical breakdown. A daily close below 1.131 should accelerate the decline towards 1.12.
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USDCAD | Technical Rebound or Final Stop Before the Crash?USDCAD is currently in a highly delicate phase: the price has reached a key weekly demand zone between 1.3720–1.3820, which overlaps with a strong Fibonacci retracement cluster (0.705–0.78) of the previous bullish leg. So far, the reaction has been muted, but price compression and fading volatility suggest a potential short-term rebound.
However, looking at the bigger picture, the macro and positioning signals are flashing red for the US dollar:
📊 COT Report: Non-Commercials are significantly increasing short positions on USD and reducing shorts on CAD → bearish bias on USDCAD
🧠 Retail sentiment: Most retail traders are long on USDCAD → contrarian bearish bias
🗓️ Seasonality: May is historically negative for the USD and positive for the CAD → further confirms the short thesis
Only a structural recovery above 1.4150 on the weekly close would invalidate the bearish setup. Until then, any retracement towards 1.3980–1.4050 should be seen as an opportunity to sell strength.
🎯 Key Levels:
Sell zone: 1.3980–1.4050
Invalidation: Weekly close > 1.4150
Targets: 1.3720 – 1.3550
🔔 Critical note: When everyone is long, often the only direction left is down.
"EURUSD | FVG + Discount Zone Confluence | Long Setup Brewing"⚡ EURUSD Analysis – 1H Timeframe | April 30, 2025
📊 Price Action Recap:
After a sharp decline, EURUSD has stabilized in a classic accumulation range, and now it’s dipping into a juicy confluence zone that screams Smart Money re-entry.
🎯 Key Zones Identified:
Fair Value Gap (FVG)
Price is currently balancing a recent inefficiency — Smart Money loves to reload here.
Discount Zone 50–100%
We’re deep in the BUY SIDE real estate. Institutions shop here. Do you?
Strong Demand Candles have printed around this zone — with wicks showing absorption of sell pressure.
🧠 Smart Money Logic:
Retail: "It’s breaking support… SHORT!"
Smart Money: "Perfect discount — let’s BUY what they’re selling." 💸📈
This is how liquidity gets transferred — one trapped seller at a time.
🧩 High-Probability Entry Checklist:
✅ Price inside Discount
✅ FVG touched
✅ Accumulation range forming
✅ Bearish momentum slowing down
✅ Entries aligning with Fibonacci golden pocket
🚀 Trade Idea Setup:
Entry: Inside Discount Zone (1.13980 to 1.13750)
SL: Just below 1.13750 (the low of the block)
TP Zones:
TP1: 1.14400 (Recent High)
TP2: 1.15000+ (Premium Area near -161.8%)
TP3: 1.15740 (Final Exhaustion Point at -400%)
📚 Smart Money Quote:
“You don’t buy at value, you buy at imbalance — where retail hesitates, Smart Money executes.” 🔥
📌 Final Take:
This is not a guessing game. It’s a blueprint.
EURUSD is setting up a possible Low-Risk, High RRR long — IF we follow structure, not emotion.
Wait for bullish reaction from the FVG zone and trail up using internal structure shifts. 📈
📸 Save this chart — this is how sniper setups are built.
💬 Comment "BUY THE DIP" if you’re watching this zone too.
📲 Tag your trading buddy who always hesitates at entries. 😂
EURUSD H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.1374, which is a pullback resistance.
Our take profit will be at 1.1144, a pullback support level that aligns with the 61.8% Fibo retracement.
The stop loss will be placed at 1.1573, which is a swing high resistance level.
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EURUSD SHORT ~ DAILY CHART ~hello traders. self explained here however if you are new to trading please comment and i shall explain further. today i took the sell as it's looking to lose ground preparing the come back to the original price of the breakout. (then perhaps there could be confirmation of a buy to sail the uptrend.) until then....I'm looking to sell off and ride the train for the profits before i look into it and go any further! what do you traders think?
Bearish drop?EUR/USD is reacting off the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.1427
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 1.1560
Why we like it:
There is a pullback resistance level.
Take profit: 1.1278
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EUR/USD: Possible Fall Ahead? Let's See! (READ THE CAPTION)Upon reviewing the EUR/USD chart on the 3-day timeframe, we can see that following a sharp decline in the Dollar Index (DXY), the pair experienced a bullish move, reaching the 1.15 supply zone. If the price manages to stabilize and close below the 1.15–1.17 area, we can anticipate a further drop in EUR/USD to fill the created Liquidity Void (LV). This analysis will be updated accordingly.
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
EURUSD Technical Analysis! BUY!
My dear followers,
I analysed this chart on EURUSD and concluded the following:
The market is trading on 1.1364 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1417
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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
EURUSD Under Pressure! SELL!
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.1407
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1365
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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
EURO - Price can bounce up of support level to top part of flatHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price traded inside a triangle, where it broke $1.0920 level and then made a correction to this level.
Then price exited from triangle pattern, retesting and then made upward impulse to $1.1310 level, which coincided with support area.
Next, Euro started to traded inside flat, wher it soon broke $1.1310 level, but then it made correction.
After this movement, price in a short time rose to the top part of flat, where it turned around and bounced down to $1.1310 level.
Price tired to grow, but failed and continued to trading near this level, and even recently it bounced.
So, in this moment, I expect that Euro can bounce up from support level to $1.1575 top part of the flat.
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