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Eurusdanalysis

DeGRAM | EURUSD will continue to grow rapidly📊 Technical Analysis ● Euro keeps hugging the upper rail of the 3-month rising channel after re-testing the broken April triangle top as support, confirming fresh trend acceleration. ● Momentum is unbroken – every 4 h pullback since 17 Jun has held above the inner trend-line (now 1.1717); measured channel height points to the next fib / horizontal cluster at 1.1869. 💡 Fundamental Analysis ● Softer US durable-goods orders and slowing housing data cooled 2-yr yields, while ECB speakers signalled no rush to ease again; the short-rate gap narrowed for a third session, underpinning EUR strength. ✨ Summary Buy dips ≥1.1717; upside targets 1.1800 then 1.1869. Bull view void on a 4 h close below 1.1600. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Long
by DeGRAM
2
DeGRAM | EURUSD reached the supply area📊 Technical Analysis ● Price formed an intraday rising wedge right inside the 1.1615-1.1635 supply band; the wedge has broken lower and the last two candles closed back under the long-term trendline retest. ● Bearish follow-through is favoured while price stays below 1.1604; first magnet is the confluence of former breakout base and inner channel support at 1.1569, with 1.1547 (mid-June pivot) the next objective. 💡 Fundamental Analysis ● Fresh Euro-area PMIs dipped below consensus while U.S. consumer-confidence beat, widening the short-rate gap and reviving USD bids. ✨ Summary Sell rallies ≤1.1600; targets 1.1569 → 1.1547. Bias invalid if 30-min candle closes above 1.1635. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Long
by DeGRAM
1
DeGRAM | EURUSD reached the resistance level📊 Technical Analysis ● Price has spiked into the confluence of the long-term channel roof (≈1.1615) and a steeper resistance line, printing a rejection candle and bearish divergence on the 1 h RSI. ● The move leaves a lower high versus 13 Jun and snaps the micro up-sloper; a slide back inside the grey 1.1560-1.1520 supply should accelerate toward the mid-June swing floor at 1.1490. 💡 Fundamental Analysis ● Hotter US S&P-global PMIs rekindled Fed “higher-for-longer” chatter, lifting two-year yields and the DXY, while French election uncertainty widens Bund-Treasury spreads—both pressuring EUR. ✨ Summary Fade rallies 1.1580-1.1610; sustained trade beneath 1.1560 targets 1.1520 ➜ 1.1490. Bearish view void on an hourly close above 1.1630. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Short
by DeGRAM
1
DeGRAM | EURUSD growth in the channel📊 Technical Analysis ● The chart for EURUSD, as indicated in the upper right corner, displays a classic descending wedge pattern, which is typically a bullish reversal signal. Price action has respected the wedge’s lower boundary multiple times, forming a series of higher lows while sellers failed to push the pair below the 1.0670 support zone. The most recent candles show a decisive breakout above the wedge’s upper trendline, accompanied by increased volume, suggesting that buyers are regaining control. This breakout is further validated by the RSI indicator, which has moved out of oversold territory and is now trending upward, confirming the shift in momentum. ● The technical setup is reinforced by the presence of a horizontal resistance level at 1.0750, which has acted as a magnet for price in previous attempts. The chart also highlights a bullish engulfing pattern on the daily timeframe, signaling strong demand and a potential continuation toward the next resistance at 1.0820. The moving averages are beginning to converge, with the shorter-term MA crossing above the longer-term MA, a classic bullish crossover that often precedes sustained upward movement. These factors collectively point to a high-probability scenario for further gains in the EURUSD pair. 💡 Fundamental Analysis ● Recent fundamental developments support the bullish technical outlook. Over the past two days, the Federal Reserve has maintained its policy rate, but forward guidance has hinted at a possible rate cut later this year, which has weighed on the US dollar. Meanwhile, the European Central Bank has adopted a more cautious stance, with the probability of a near-term rate cut decreasing as inflation data remains sticky in the eurozone. Additionally, easing geopolitical tensions in the Middle East and stable US retail sales have reduced safe-haven demand for the dollar, further supporting the euro’s advance. ✨ Summary ● A confirmed breakout above the descending wedge and bullish momentum indicators suggest a long entry on EURUSD above 1.0750, targeting 1.0820. The bullish scenario remains valid as long as price holds above the 1.0670 support. A close below this level would invalidate the setup and call for a reassessment of the trend. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Long
by DeGRAM
1
DeGRAM | EURUSD reached the resistance level📊 Technical Analysis ● Bulls defended the rising-channel mid-line (≈1.1480), turning it into support and snapping the intraday falling wedge; hourly closes now print higher highs above the reclaimed 1.1520 pivot. ● A tight bull flag is forming against 1.1560; its 1.618 swing coincides with the upper rail / 1.1617 resistance, keeping the channel’s momentum bias pointed north. 💡 Fundamental Analysis ● Softer US housing starts and a slide in 2-yr yields pulled the DXY to two-week lows, while ECB’s Knot warned “premature cuts risk inflation flare-ups,” widening the short-rate gap in the euro’s favour. ✨ Summary Long 1.1515-1.1530; flag break >1.1560 targets 1.1617, stretch 1.1670. Bias void on an H1 close below 1.1480. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Long
by DeGRAM
1
DeGRAM | EURUSD double bottom📊 Technical Analysis ● The price is currently testing the upper resistance of a descending wedge pattern after forming a clear double bottom formation. This double bottom occurred precisely at a confluence of support, where the long-term ascending support line intersects with the lower boundary of the wedge, indicating a strong potential for a bullish reversal from the 1.1450-1.1470 area. ● This recent bullish price action follows a prior "double top" pattern that initiated the corrective move downwards into the current wedge. A decisive breakout and hold above the wedge's resistance would invalidate the recent bearish pressure and confirm that buyers are taking control, with the first significant target being the horizontal resistance line near 1.1523. 💡 Fundamental Analysis ● Market attention is centered on the upcoming U.S. Federal Reserve policy meeting. While no rate change is expected, forward guidance is key. Current market sentiment, as noted by analysts at RoboForex and FreshForex, is pricing in the possibility of a Fed rate cut later this year, which could place downward pressure on the US Dollar. ● Conversely, the Euro is finding support from a comparatively hawkish European Central Bank (ECB). Recent reports indicate that the probability of an ECB rate cut has diminished, suggesting a policy divergence that favors EUR strength against the USD, underpinning the technical case for a move higher. ✨ Summary Long entry on a confirmed 30-minute candle close above the descending wedge resistance (~1.1485); initial target 1.1523 → 1.1560. The bullish outlook is invalidated on a close below the double bottom support at 1.1450. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Long
by DeGRAM
1
DeGRAM | EURUSD rebound from the lower boundary of the channel📊 Technical Analysis ● A completed AB=CD (0.883 / 1.112) pattern at the channel floor (1.1488) produced a hammer, signalling exhaustion of bears at the measured PRZ. ● Price is now reclaiming the micro structure high 1.1526; that flips the inner range to support and opens the next intra-channel pivot 1.1560, with room to the upper wall near 1.1600. 💡 Fundamental Analysis ● EZ May trade balance swung back to a €4 bn surplus while weak US housing starts shaved another 4 bp off 2-yr yields, compressing the short-rate gap and underpinning EUR bids. ✨ Summary Buy 1.1500-1.1530; break >1.1560 targets 1.1600, stretch 1.1650. Bull bias void on 30 min close below 1.1480. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
EURUSD price Bullish moment The Euro continues to gain strength against the US Dollar within a clearly defined ascending parallel channel. After a period of consolidation between June 6–10, price broke out with strong bullish momentum and is now respecting the channel's structure. 🔍 Key Levels to Watch: 🔺 Resistance Zone: 1.16083 – 1.16419 🔺 Upper Target: 1.16832 – 1.17000 🔻 Immediate Support: 1.15256 🔻 Strong Support: 1.14949 📈 Bullish Scenario : If price holds above 1.15256, we may see a move toward 1.16083 and potentially a breakout to test 1.16419 and 1.16832. 📉 Bearish Scenario: A drop below 1.15256 and a break of the ascending trendline may expose 1.14949 as the next key support. 🧠 Market Insight: This setup favors a bullish continuation while within the channel, supported by recent strong upside moves. Traders should look for confirmation around 1.16083 before expecting a breakout. ✅ Plan your entries wisely. Trade what you see, not what you feel.
Long
by Mr_Gold_Trader
3
DeGRAM | EURUSD fixed above the lower boundary of the channel📊 Technical Analysis ● Euro keeps stair-stepping along the inner trend-line of the 2-month rising channel; each dip to the line (green arrows) is met with higher lows, confirming firm demand around 1.1485-1.1500. ● Friday’s break back above the former wedge cap turned 1.1550 into support; clearing the last swing high at 1.1605 would expose the channel median / fib cluster at 1.1650, with the upper rail near 1.1745 as an extension. 💡 Fundamental Analysis ● Softer US retail-sales and a slump in NY Fed manufacturing pulled Treasury 2-yr yields under 4.70 %, while ECB speakers warned that further cuts “are not a given,” narrowing the rate gap and reviving euro bids. ✨ Summary Long 1.1520-1.1560; hold above 1.1550 targets 1.1650 ➜ 1.1745. Bias void on an H4 close below 1.1480. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | EURUSD formed the double top📊 Technical Analysis ● A double-top printed at the channel roof (≈ 1.1600) and a bearish engulfing candle signal exhaustion; price is slipping back inside last week’s inner trend-median, turning 1.1550 into fresh resistance. ● Hourly RSI diverged lower and the grey return line from 1 June has broken; pattern depth points to 1.1500 support, with the channel mid-band / former triangle apex near 1.1470 as the next magnet. 💡 Fundamental Analysis ● Post-CPI profit-taking meets cautious ECB rhetoric: Lagarde reiterated “no preset easing path,” yet money-markets still price two Fed cuts by year-end, inviting near-term dollar reprieve. ✨ Summary Short 1.1540-1.1560; break below 1.1520 targets 1.1500 → 1.1470. Bear view void on an H1 close above 1.1600. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
1
DeGRAM | EURUSD above the 1.15📊 Technical Analysis ● Hourly close above 1.1500 completed a small ascending triangle; price is now hugging the rising-channel’s upper rail after a chain of higher-lows, pointing toward the 1.1600 objective. ● Triangle top and channel mid-line overlap at 1.1500-1.1520; while candles stay above, risk : reward favours a push to the next fib / upper parallel near 1.1650. 💡 Fundamental Analysis ● US core-CPI eased to 0.1 % m/m, driving Treasury yields lower and lifting September Fed-cut odds >70 %, weakening the dollar, while ECB officials talked up a “data-dependent” pause, keeping euro bids firm. ✨ Summary Long bias while price holds 1.1520; targets 1.1600 then 1.1650. Invalidate on an hourly close below 1.1470. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | EURUSD held the support📊 Technical Analysis ● Euro holds above 1.137 – 1.140, where the channel’s mid-line meets the old wedge roof, printing a fresh higher-low (green arrow). ● Price is compressing inside a pennant capped at 1.142; flag height projects to 1.156 – 1.160 at the rising-channel median once 1.142 gives way. 💡 Fundamental Analysis ● After the ECB’s “one-and-pause” cut, sticky EZ core CPI (2.9 % y/y) and softer US payrolls narrowed the 2-yr rate gap, keeping flows tilted toward the euro. ✨ Summary Buy 1.137–1.141; pennant breakout >1.142 targets 1.156 → 1.160. Long bias void on an H4 close below 1.126. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | EURUSD formed a bullish takeover📊 Technical Analysis ● A bullish engulfing on the grey 1.135-1.139 demand band reclaimed the inner trend-median and confirmed the base of the rising 2-month channel. ● The pull-back has just retested the broken wedge top (~1.140) as support; pattern height projects a grind to the channel mid-rail / horizontal cluster at 1.1565. 💡 Fundamental Analysis ● Ahead of the ECB’s expected “one-and-pause” 25 bp cut, EZ core CPI stayed stuck at 2.9 % y/y while soft US job-openings and lower T-bill yields narrowed the 2-yr spread, helping bids return to the euro. ✨ Summary Long 1.137-1.140; hold above 1.135 seeks 1.156 ➜ 1.160. Invalidate on H4 close < 1.126. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
2
DeGRAM | EURUSD fixed above the resistance line📊 Technical Analysis ● Price has broken the H1 descending-channel roof and twice “fixed” above it at ≈1.137, turning the former ceiling into short-term support. ● The rebound forms an ascending triangle under 1.142; its measured swing targets 1.156 – 1.160, where the violet long-term resistance line and mid-channel parallel converge. 💡 Fundamental Analysis ● Markets expect the ECB to cut only 25 bp on 6 Jun and signal patience, while soft US JOLTS openings and slipping ISM-prices lifted September Fed-cut odds past 60 %, narrowing the 2-yr yield gap and underpinning EUR. ✨ Summary Buy 1.135-1.137; triangle break >1.142 seeks 1.156 → 1.160. Long view void on an H1 close below 1.126. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
EURUSD - Short Opportunity Ahead EURUSD is currently approaching a key resistance level after a strong upward move. Price action is showing signs of exhaustion, and bearish signals are beginning to emerge. If the pair fails to break above the resistance and confirms a rejection, we may see a short-term pullback or a potential trend reversal. A clean break below the recent support zone could provide a short opportunity, with possible downside targets near previous lows. As always, proper risk management is essential, especially in high-volatility conditions. --- Key Technical Points: Price nearing a strong resistance zone Bearish candlestick formation / divergence (if applicable) Wait for confirmation before entering a short position 🔒 This is a trade idea for educational purposes only — not financial advice.
by Smart_Trading_Strategy
3
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. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | EURUSD retest of the support📊 Technical Analysis ● Price rebounded off the flag base (1.128) and reclaimed the inner grey trend-median, keeping the sequence of higher-lows inside the two-year rising channel. ● The flag’s upper rail at 1.145 has been tested twice; a close above completes the pattern and projects to the channel roof / horizontal confluence at 1.1600, while dynamic support rises with the violet breakout line at 1.1214. 💡 Fundamental Analysis ● Euro stays bid after May EZ headline CPI re-accelerated to 2.6 % y/y, tempering expectations for aggressive ECB cuts, whereas weaker US ADP hiring and cooling core-PCE pressured real yields and the dollar. ✨ Summary Long bias above 1.128; flag break > 1.145 targets 1.1600, stretch 1.1950. Invalidate on daily close < 1.1080. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
2