EUR/USD 1-Hour Chart Analysis1-hour candlestick chart for the Euro/US Dollar (EUR/USD) currency pair, sourced from OANDA. The chart highlights a recent price movement with a current value of 1.15510, reflecting a 0.29% decrease (-0.00340). Key price levels are marked, including resistance at 1.16142 and support at 1.14418, with shaded areas indicating potential trading zones. The chart includes a bullish logo and branding from "ALEEGOLDTRADER," suggesting a trading analysis perspective.
Eurusdbuy
EURUSD pullback complete – Will it rise to 1.17765 next?OANDA:EURUSD remains firmly within a well-defined uptrend channel, continuing to respect the key boundaries of the channel and showing sustained bullish momentum. The price has been consistently forming higher highs and higher lows, signaling that the uptrend is still intact. The recent pullback seems to be a healthy correction, which could pave the way for another upward move.
The price is now approaching a significant support zone, defined by the lower boundary of the channel and a previous demand level. If this area holds strong, it could offer an excellent re-entry point for buyers, with the next target being 1.17765 , which coincides with the middle of the uptrend channel.
As long as the price remains above this support level and the rising trendline, the bullish trend remains in play. However, any breach below these levels could signal the end of the bullish setup and open the door to a deeper pullback.
Always confirm your setups and ensure appropriate risk management. Wishing you successful trades!
Today's EUR/USD Trend Analysis and Trading RecommendationsThe EUR/USD is trading at the upper end of its recent range, having hit an intraday high of around 1.1440 and remaining near that level. The US Dollar strengthened in the early session due to optimism about the easing of Sino-US trade tensions, but later declined as European stocks fluctuated. Technically, the daily chart shows bulls remain in control, with the 20-day SMA rising gently at 1.1330. In the short term, the pair is range-bound around the 20-day SMA, yet to confirm a bullish breakout, while the 100-day and 200-day SMAs support the overall upward trend.
EUR/USD
buy@1.14200-1.14300
tp:1.14600-1.14900
$EU (EURUSD) 1H AnalysisBias: Bearish after liquidity grab at 1.14392
Setup: Wait for the sweep ➤ BOS ➤ Enter short
Target: 1.13600
Price is forming a range-bound consolidation, but the internal structure shows liquidity building below and above.
The market seems poised to run the 1.14392 high, grabbing buy stops above the short-term high.
After that sweep,i see a rejection and shift in order flow, setting up a bearish leg.
Key POIs :
Sweep Zone: 1.14392 (Buy-side liquidity)
Sell Target: 1.13600 zone – a clear sell-side liquidity draw
The red line marks an untapped liquidity pool, aligning with a previous support level.
Trade Idea (Short Bias) :
Let price sweep the 1.14392 high, form a bearish shift (change of character).
Ideal entry after confirmation of rejection.
Target: 1.13600
Invalidation: Clean break and close above 1.14500
Mr. Wave Says... It’s Time for the Last Push!”[ b] EUR/USD is forming a clean Elliott Wave structure — and guess what?
We’re at Wave 4 consolidation, and Wave 5 is about to explode upward!
🔍 Here's what we're seeing:
✅ Wave 1 to 3 already confirmed with solid impulse
✅ Wave 4 found support near previous breakout zone
🎯 Target: Upper supply zone where Wave 5 is likely to terminate
🔔 This isn’t the time to sleep on the charts. Mr. Wave is literally pointing to the target zone — and we’re not ignoring it. 😉
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🧠 Pro tip:
Use tight risk management, ride the final push of the motive wave, and watch for reversal signals in the supply zone.
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📌 #GreenFireForex #ElliottWave #Wave5 #ForexTrading #TechnicalAnalysis #EURUSDSetup #ForexReel #WaveTheory #SupplyZone #ForexSignal #SmartTrading
EURUSD Update – Exceptional Long Entry As mentioned in our previous post, we were waiting for price to react from one of the key demand zones:
🔹 1.12250 – 1.12500
🔹 1.1190 – 1.12060
✅ We entered a long position on the 3-minute timeframe after getting a personal confirmation trigger.
The result? An exceptional entry with a minimum of 100 pips profit so far.
📍 Now it's time to secure profits and wait for the next structure to form.
We’ve been patiently waiting all week for price to hit this area – and it played out perfectly.
Great execution! ✅
Keep in touch!
EURUSD CRACK!I first turned bullish on the EUR back in November 2024 after the disastrous election results.
I have always felt the 105 area was a good area to go long, fundamentally going back all the way to 2017. Here is an example.
After 17 years of data, we can all agree that the 105 area was a great value to get long the EUR. Now we see a major CRACK! in the chart with the fundamentals to back it up.
Again, I remind you I am a MACRO Trader. So my trades hold for a long, long time unless the facts change. I don't do 3 pips and i am out crap!
Let this be a WARNING! To the dollar bulls!
Click Boost, follow, subscribe! Let's get to 5,000 followers so I can help them navigate these crazy markets, too. ))
Eurusd is still bullish This EUR/USD daily chart from FXCM suggests a bullish breakout following a well-formed rounded bottom pattern.
Key Observations:
Rounded Bottom Formation: This pattern, marked with multiple lows (highlighted in orange circles), signals a gradual trend reversal from a downtrend to an uptrend.
Breakout Confirmation: Price has broken above the rounded resistance, indicating strong bullish momentum.
Projected Price Movement: The hand-drawn path suggests further upside, with possible retests before continuing higher.
Volume Profile: Increased activity around the 1.0900 level suggests strong support, with potential resistance near 1.1200 - 1.1400.
Conclusion:
This setup indicates a bullish continuation, but confirmation through sustained volume and price action above resistance is crucial.
EURUSDHello, I hope you have a good day ❤
Please don't forget to support us so that our activities can continue!🚀
The trend of the above times is completely upward and this move is not far from expected.
But since it is the first week of the new month, be sure to observe capital management.
Be profitable💲💎
EUR/USD Potential longs to the upsideEU Weekly Outlook — Bullish Pro-Trend Setup in Focus
This week, my EU analysis is centered around the pro-trend movement to the upside. Price has recently broken structure and in doing so, has left behind clean demand zones on the 5H and 3H timeframes. I’ll be watching closely to see when price decides to mitigate these levels for a potential long setup.
Since price is still a bit far from these zones, short-term sells may be possible, but with no strong nearby supply, I’ll be staying patient and letting price action guide me. The key is to avoid marrying any one bias and remain adaptable.
Confluences for EU Buys:
- Strong bullish structure on higher timeframes
- Clean and unmitigated 5H and 3H demand zones
- Plenty of liquidity above, including Asia highs
- This is a pro-trend trade, aligning with market flow
- DXY analysis supports a bullish EU outlook
P.S. If price shifts and breaks structure to the downside, then we could consider short-term sell setups — but for now, I’m focused on the long opportunity forming from demand.
Have a great trading week and stay sharp! 🧠💹
EURUSD PLAN – Is the Rebound Just a Pause Before the Drop? EURUSD PLAN – Is the Rebound Just a Pause Before the Drop? | All Eyes on PCE
📊 MACRO OUTLOOK:
Following the latest FOMC meeting, the Fed kept interest rates unchanged, as expected, but maintained a hawkish tone. Chair Powell reiterated that inflation remains too sticky to consider rate cuts in the near term.
Markets now await this week’s US PCE data — the Fed’s preferred inflation gauge — which could provide the next major catalyst for USD strength or weakness.
On the Euro side, weak consumer confidence and tepid growth have strengthened expectations for an ECB rate cut in June. This divergence in monetary policy is weighing on the Euro, as the Dollar finds new demand amid global risk recalibration.
📉 TECHNICAL OUTLOOK (H1):
EURUSD has broken down from recent highs near 1.1412 and is now forming a bearish retracement pattern.
Price has broken below the 89-EMA and 200-EMA, signaling bearish structure.
Current price action suggests a temporary bounce from the 1.1260–1.1280 support zone (Fibo 38.2%–50%), but the broader trend remains bearish.
Fibonacci retracement from recent swing lows highlights 1.1338 and 1.1372 as key resistance levels to watch.
🔑 KEY TECHNICAL ZONES:
Resistance Zones:
• 1.1313 – Minor intraday level (Fibo 0.5)
• 1.1338 – EMA confluence + former structure
• 1.1372 – Major rejection zone (previous distribution top)
Support Zones:
• 1.1280 – 1.1260 – Current support bounce area
• 1.1220 – Key liquidity sweep zone
🧭 TRADE STRATEGY:
Scenario A – Sell the Pullback:
• Wait for a rebound into the 1.1313 – 1.1338 zone
• Enter SELL if bearish rejection forms
• SL: 1.1376
• TP: 1.1280 → 1.1260 → 1.1220
Scenario B – Invalid Breakout:
• If price breaks above 1.1372 with momentum, this plan is invalidated — wait for a confirmed breakout retest.
Scenario C – Reactive Buy Scalp:
• If price shows strong rejection from 1.1260 again, scalpers may consider a temporary BUY back toward 1.1300–1.1310
• This is high-risk and counter-trend.
⚠️ STRATEGIC NOTES:
EURUSD remains in a bearish bias until major resistance levels are broken. With PCE data approaching, volatility is likely. Trade setups should be based on confirmation signals and managed tightly as macro data can shift momentum rapidly.
EUR/CAD Bearish Reversal Setuphello Trader
what are your thoughts on eurcad.
Enrty: 1.59-1.60
stop loss 1.61
take profit 1.50
Analysis:
Key Resistance Zone: The red-highlighted area around 1.5800 marks a strong resistance zone where price previously faced rejection.
Double-Top Formation: A potential double-top pattern is forming, indicating a bearish reversal.
Bearish Projection: The blue trend lines suggest a downward move after a possible retest of the resistance area.
Support Levels: The marked horizontal blue lines at 1.5581, 1.5411, 1.5269, 1.5151, and 1.4977 represent key support levels where price might react.
Target Area: The projected move suggests a decline towards the 1.5151 level, with further downside potential toward 1.4977.
EURUSD | Bullish Pennant Breakout – Retest Before the Target📊 EUR/USD (1H Timeframe)
The EUR/USD pair has shown a textbook example of a bullish pennant formation, which typically occurs during strong uptrends and signals a continuation of the bullish momentum. The price had an impulsive rally prior to the formation of the pennant, indicating a strong underlying bullish sentiment.
Following the rally, the market entered a period of consolidation where price action began to coil between two converging trendlines – this is the pennant structure, marked by lower highs and higher lows.
This tightening price action typically suggests that market participants are pausing to digest the previous move, often leading to another breakout in the same direction – in this case, bullish.
📐 Key Technical Elements Highlighted:
Bullish Pennant Formation:
Characterized by a sharp move up (flagpole) followed by a tight consolidation range (the pennant).
Volume generally contracts during consolidation and expands on breakout, confirming momentum.
Breakout and Retest:
Price has broken above the upper resistance line of the pennant.
Now pulling back for a retest, a healthy technical behavior often seen in strong setups.
This pullback offers a second chance for entry for traders who missed the initial breakout.
Support & Resistance Zones:
SR Interchange Zone (previous resistance turned into potential support).
Minor Resistance Zone above, now likely invalidated by breakout.
These zones are critical in evaluating potential price reaction and risk control.
Projected Target:
Based on the measured move from the pole height of the pennant added to the breakout point, the projected target stands near 1.14315, a level of prior structural interest.
🎯 Trade Plan – Technical Strategy
⚠️ This is a hypothetical scenario for educational purposes. Always manage your risk.
Entry Zone: On confirmation of a successful retest (bullish price action at trendline support)
Stop Loss: Below the pennant’s lower trendline or the SR interchange zone (1.1245 – 1.1260 region)
Target: 1.14315 (based on breakout projection)
Risk-Reward Ratio: Approx. 1:2 to 1:3 depending on entry precision
🔍 Psychological & Market Structure Notes:
A bullish pennant is a sign of accumulation after a strong rally – it tells us that buyers are resting, not gone.
The retest shows institutional behavior: smart money often allows price to come back to a breakout level before driving it higher again, to shake out weak hands and trap late sellers.
Momentum traders and breakout traders often wait for confirmation on the retest to pile in with higher confidence.
📚 Educational Takeaway:
This setup serves as a great case study in:
Continuation patterns (Bullish Pennants)
Breakout-retest behavior
Measured move target projections
Trend confirmation techniques
Market psychology and structure
If you're learning technical analysis, this is a high-probability pattern that occurs across many asset classes including forex, crypto, and stocks.
EUR/USD Outlook: Bullish Momentum Builds Toward 1.1270The EUR/USD pair continues its upward trend, trading around 1.1195, supported by a weakening US Dollar following softer-than-expected US inflation data for April. Headline CPI rose just 2.3% YoY—its lowest since February 2021—while core CPI held steady at 2.8%, matching forecasts.
Additionally, Moody’s downgrade of the US credit rating from AAA to AA1 due to concerns over fiscal deficits and rising debt has further pressured the greenback—the USD Index dropped 0.6%.
In the near term, EUR/USD is expected to extend gains if it breaks above the key resistance at 1.1270. However, risk remains if upcoming Federal Reserve speeches adopt a more hawkish tone, which could trigger a USD rebound.
Market participants are also watching Germany’s Harmonized Index of Consumer Prices (HICP), set to be released later today, for fresh direction.
💡 Short-Term Trade Scenarios:
BUY EURUSD: zone 1.11600 - 1.11450
SL: 1.11200
TP: 40 - 60 - 100pips
EUR/USD Set for Bullish Continuation: Key Levels to WatchEUR/USD shows strong bullish momentum across all timeframes, signaling a potential continuation rally. On the daily chart, the pair remains above key EMAs (55, 89, 200), with support near 1.1100 and resistance at 1.1228 and 1.1400. The RSI suggests consolidation, but overall structure favors the bulls.
The hourly chart confirms a fresh bullish breakout above the 200 EMA at 1.1215, supported by increased volume and a rising RSI. Price action suggests a retest of the 1.1190–1.1215 zone as a buying opportunity.
On the 15-minute chart, EUR/USD is overbought short-term, but momentum remains strong. A pullback into the 1.1190–1.1200 zone could offer low-risk scalping entries targeting 1.1225–1.1240.
The week-ahead plan favors dip-buying strategies. Initial targets are 1.1250 and 1.1300, with stops below 1.1180. A close above 1.1228 on the daily chart would confirm room for broader upside. Manage risk with staggered entries and hard stops.