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Eurusdlong

EUR/USD - Ready for a Massive Breakout?The EUR/USD pair is currently respecting a well-defined ascending channel, displaying clear bullish market structure with higher highs and higher lows. After testing the bottom of the channel three times, price has only made higher lows, indicating a shift in momentum and a strong demand zone. This suggests that buyers are stepping in aggressively at lower levels, reinforcing the bullish outlook. 🔹 Key Levels & Observations 🔹 🔸 Fair Value Gap (FVG) as Strong Support. One of the most significant technical factors in this setup is the fair value gap (FVG), which has consistently acted as a strong support level. Price has been creating higher highs after bouncing from this zone, making it a crucial area of interest. This FVG has been filled, and price is showing signs of respecting it, further solidifying the bullish sentiment. 🔸 Bottom of the Channel Successfully Defended. The market has tested the bottom of the ascending channel three times, and after each test, price has only made higher lows. This kind of price action is a strong indication that buyers are in control, absorbing selling pressure and pushing price higher. 🔸 Strong Resistance at the top. The black horizontal resistance line represents a key level where price has struggled to break above in the past. It has been tested multiple times, confirming its significance. A clean breakout above this level would serve as confirmation that bulls have full control, potentially leading to a strong continuation to the upside. 🔸 Bullish Structure Confirmed? As price continues forming higher highs and higher lows, the overall market structure remains bullish. As long as price respects the fair value gap and the ascending channel, the expectation is for a continuation of the uptrend. 📌 Trading Plan & Potential Scenarios 📌 ✅ Bullish Scenario: If price holds above the fair value gap (green support zone) and continues to form higher lows, the bias remains bullish. A break and close above the strong resistance level (black line) would be the ideal confirmation for further upside movement. If a breakout occurs, we could see a strong rally as trapped sellers get liquidated and momentum builds. ❌ Bearish Scenario (Invalidation Level): If price fails to hold the FVG support zone and starts forming lower highs, we may see a deeper correction towards the lower boundary of the channel. A confirmed break below the channel could signal a trend reversal. 📉 What to Watch for Confirmation 📈 🔹 Break and close above the strong resistance (black line) for a bullish breakout confirmation. 🔹 Continuation of higher lows & higher highs within the ascending channel. 🔹 Strong buying pressure at the fair value gap to maintain the bullish bias. Final Thoughts: At this stage, the EUR/USD pair is looking bullish, with the market structure aligning with a continued upward move. The fair value gap is a key support level, and as long as price holds above it, the trend remains intact. A breakout above resistance could signal a strong move to the upside, potentially triggering more buying interest. What are your thoughts on this setup? Do you think we’ll see a breakout above resistance soon? Let me know in the comments! 🚀📈 __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment—I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈✨
Long
by TehThomas
EURUSD: holds steady above 1.0400 amid US tariff threatsEUR/USD holds steady above 1.0450 in the European trading hours on Thursday. Broad US Dollar underperformance supports the pair. However, tariff threats from US President Donald Trump and geopolitical tension might cap its upside. US data and Fedspeak remains in focus. EUR/USD Technical Overview Technically, the bullish outlook of EUR/USD remains intact as the major pair holds above the key 100-period Exponential Moving Averages (EMA) on the 4-hour chart. However, the Relative Strength Index (RSI) is located below the midline, near 42.85, suggesting that further downside cannot be ruled out. The first upside barrier for EUR/USD emerges near 1.0461, the high of February 19. The key resistance level to watch is the 1.0500-1.0505 zone, representing the psychological level and the upper boundary of the Bollinger Band. A decisive break above this level will see a rally to 1.0533, the high of January 27.
Long
by xauusd_rr
EUR/USD Longs from 3hr demand zone My bias for EUR/USD (EU) aligns with my outlook on other dollar pairs, as the Dollar Index (DXY) has been trending lower, reinforcing the bullish momentum for EU, GU, and Gold. Currently, there’s a clean 3-hour demand zone that caused a break of structure to the upside—this is the move I’m looking to capitalize on. My expectation is for price to continue higher and target the pool of liquidity resting above. That said, if price shows a shift in character to the downside on the higher timeframes (HTF), I’ll reassess and look for potential opportunities to capitalize on that move instead. Confluences for EU Buys: ✅ Price is in a strong bullish trend, consistently forming higher highs and higher lows. ✅ The Dollar Index (DXY) remains bearish, supporting this bullish outlook. ✅ Liquidity above that price is likely to target. ✅ Clean 3-hour demand zone that remains unmitigated. Alternative Scenario: If price drops below the 3-hour demand zone, I’ll look for my next buy opportunity at the clean 6-hour demand zone around 1.03000, where price would be in a more discounted area. Stay sharp and trade smart—have a great trading week! 🤺
Long
by Hassan_fx
EUR/USD getting close to target after tariffs rebound...The EUR/USD has rebounded nicely from two weeks prior when we gapped down pretty significantly after tariffs were announced. The original observation was bullish after identifying a bullish pattern (Descending Megaphone) alongside MACD divergence. We're stalling at the moment around 1.0500 and I don't expect any further movement throughout the day considering it's a U.S. market holiday however, I'm continuing to hold on to my long position and eying an exit at 1.0600 which is where the yearly pivot point is located. If we do get to see the 1.0600 price, I will be evaluating short positions somewhere in this zone. We'll see how the remainder of this week develops and go from there. Good Luck & Trade Safe.
by InternalTraderNYC
EURUSD - what to expect?Here is our in-depth view and update on EURUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair sharing possible entries and important Key Levels . Alright first, let’s take a step back and take a look at EURUSD from a bigger perspective. For this we will be looking at the H4 time-frame and following our original analysis posted on February 4th (check image below). Now after we broke to the upside we are waiting to make a pullback on the pair (based on the H4 time-frame). As of now we are sitting on our hands and patiently waiting on the pullback to happen or possible reverses and join the uptrend. TVC:EXY has seen some strength last week regardless of the positive data for the TVC:DXY which gave back gains after U.S. President Donald Trump said in a social media post that he had spoken with Russian President Vladamir Putin about starting negotiations to end the war in Ukraine. This still holds positive weight on the EUR overall. Considering this, we can pre-plan some possible outcomes including both fundamental analysis and technical analysis. Scenario 1: BUYS at the break the highs (1.05140) - We broke above 1.05140. With the break of this level we can expect a possible move towards the upside without even creating a deeper pullback. The technical analysis and fundamentals would be on our side. Scenario 2: BUYS at the pullback (1.04360) - We came down to our PBA (Pullback Area) at around 1.04360. With the pullback completed and the price respecting this area, we could potentially see more upside on this pair from this KL (Key Level). Long-term buys at this price would be valid. Again technical and fundamentals analysis would both be on our side. KEY NOTES - EXY (EUR) showing strength after last week’s positive “news”. - Breaks to the upside would confirm higher highs. - Respecting our PBA (Pullback Area - 1.04360 would give us a buy opportunity. - Possible resolutions between Ukraine and Russia. Happy trading! FxPocket
by FxPocket
1
EU long possibilities from around 1.04200 back upMy analysis for EU aligns with my other pairs, as I anticipate a pullback to a stronger demand zone before continuing its bullish pro-trend move. Since price recently reacted bearishly from a supply zone, I expect it to open with a bearish move until it reaches my 3-hour POI, where a potential bullish reversal could take place. Once price reaches my area of interest, I will look for signs of accumulation and a slowdown, which would confirm a buy opportunity. If price pushes higher instead, I have a fresh supply zone above the previously mitigated one, which could act as a point of interest for a potential reaction. Confluences for EU Buys: - Price remains bullish, consistently forming higher highs and higher lows. - There is a clean, unmitigated 3-hour demand zone that aligns with my setup. - Liquidity is stacked to the upside, providing targets for the next bullish move. - DXY has been bearish, which supports this bullish EU outlook. P.S. Price action has been clean and structured, and I expect it to move as anticipated toward my marked zones. Stay sharp in these markets, and have a great trading week ahead!
Long
by Hassan_fx
2
EUR/USD 4H | Elliott Wave Triangle Formation & Potential Wave 5"This idea explores an Elliott Wave setup for EUR/USD on the 4H timeframe. The pair is forming a contracting triangle, which is likely completing Wave 4 of the impulsive wave sequence. Key levels to watch: Invalidation level (upside): 1.06776 Invalidation level (downside): 1.03492 If the price holds within the triangle and breaks downward, Wave 5 could target the lower support zone near 1.00169. However, a breakout above 1.06776 could invalidate this bearish scenario. This setup highlights the importance of patience and discipline, waiting for confirmation before entering trades. Monitor key levels closely and adjust your strategy accordingly.
by Greenfireforex
EURUSD is Ready for a Long BullHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EUR/USD Daily Market Outlook – Here's Why We're Pushing HigherWelcome back, traders! My name is Steven, and this is your daily EUR/USD outlook. Make sure to leave a like, follow, and share your thoughts in the comments below. Now let’s dive straight into the charts. The Bigger Picture: Weekly Insights On the weekly timeframe, EUR/USD has made a strong bullish statement. After a series of lower lows and retracements, we’ve now broken above the weekly fractal high This move has solidified a bullish structure, setting the stage for further upside. Where did this momentum come from? The pair retraced into a fresh daily demand zone, formed around equal lows just above a key candlestick. Once those equal lows were swept, the demand zone held firm, leading to a V-shaped reversal. This is a textbook liquidity grab, and now the market is pushing back toward the highs. Key Levels to Watch Previous Weekly High – The next logical liquidity target sits above last week’s high, which remains untapped. Monthly High – Just beyond the weekly high lies the previous month’s high, which also holds a cluster of liquidity. Liquidity Bump in the Road – Zooming out, we can identify a minor “bump” in the impulse down, where significant stops and liquidity remain. Lower Timeframe Strategy: Entries and Targets If you’re trading the four-hour or lower timeframes, here’s what I’m watching: Setup #1: The market is currently trading inside a four-hour demand zone, formed after yesterday’s inflation-driven dip. For confirmation, I’ll drop to the 1-hour or 15-minute timeframe and look for a trend shift. This means waiting for lower lows to turn into higher highs, creating fresh demand zones to trade from. Setup #2: Alternatively, if we sweep the previous daily low, I’ll look for a reversal from that level to go long. Both setups rely on lower timeframe order flow aligning with the higher timeframe bullish trend. Be patient—this confirmation is key. What’s Driving EUR/USD Higher? Yesterday’s inflation data sparked volatility, initially strengthening the dollar. However, the rally quickly reversed, with EUR/USD tapping a four-hour demand zone and bouncing higher. Additionally, positive geopolitical developments—specifically talks of peace between Russia and Ukraine—have provided a boost to the euro, as a potential resolution would alleviate Europe’s energy inflation concerns. Technical Takeaways Bullish Trend Intact: Both weekly and daily structures remain bullish, supported by liquidity grabs and demand zone rejections. Targets in Sight: I’m watching for a move toward the previous weekly high and potentially beyond, toward the monthly high. Risk Management: As always, use tight stops and manage your risk, especially when trading lower timeframes. Action Plan for Today Monitor the four-hour demand zone for lower timeframe confirmations. Watch the previous daily low for a potential liquidity sweep and reversal. Stay tuned for any major news updates that could shift sentiment or momentum. That’s it for today’s EUR/USD outlook! Let me know your thoughts in the comments below, and don’t forget to like and follow for more insights. Trade safe and good luck!
Long
by theunscriptedacademy
Elliott Wave Analysis for EUR/USD - Bullish OutlookPEPPERSTONE:EURUSD This analysis is based on the application of Elliott Wave principles for the EUR/USD market on a weekly timeframe. 💡 Wave Identification: Corrective Cycle (ABC): After a peak marked by wave B, the market completed a 5-wave downward structure (waves 1 to 5), forming wave C, signaling a possible end of the correction. Potential Reversal Zone (2/B): The current point is a strategic level where a bullish rebound is anticipated. 📊 Projection: A bullish impulse is expected from point C. The initial target lies in the 1.1140 - 1.1217 zone, corresponding to key resistance levels and Fibonacci projections. 🧠 Conclusion: A breakout above 1.0440 could confirm a significant bullish impulse, suggesting buyers are regaining control. ⚠️ Disclaimer : This analysis is not financial advice. Always conduct your own research before investing.
Long
by Trwin