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EURUSD trade ideas

EURUSD, 24 abril Compra y proteger en 1-1.Trade Review – April 24: EUR/USD (Buy) Today I entered a buy trade on EUR/USD. The risk-reward ratio is set at 1:1, so I recommend protecting profits once it reaches that level. ⚠️ The pair may still move lower, so manage your risk carefully. If the trade reaches a 1:2 ratio, you may consider taking profits or partially letting it run. This is a trade taken under your own responsibility. I’m confident it will reach to winner and that’s why I’m sharing it. Warm regards.
Long
by edisonjavierrey
EUR/USD Explosion or Trap?EUR Futures Asset Managers: Strongly net long and continuously increasing since December 2024 → a clear sign of institutional confidence in the euro. Leveraged Money: Also rising, moving from net short to net long → sentiment reversal even from speculators. ✅ Interpretation: Both institutional categories are bullish on the euro, suggesting potential upward support for EUR/USD. USD Index Futures Asset Managers: Decreasing since the end of February → reducing long exposure on the dollar. Leveraged Money: Recovering from net short, but still uncertain → mixed sentiment. ⚠️ Interpretation: The dollar is structurally weakening. This reinforces the bullish bias on EUR/USD. 🧠 Technical Analysis – EUR/USD Weekly Chart Current price: 1.13150, right in the middle of a weekly/monthly supply zone, marked by upper wicks → clear seller presence. Price has made a strong rally from 1.03600, breaking through all intermediate supply zones. RSI: Slightly declining after previously reaching overbought territory. 📌 Key levels: Major support: 1.1000–1.1080 Structural resistance: 1.1350–1.1450 (current zone) 🧠 Technical Scenario: If price holds above 1.1250, we could see an extension toward 1.1500. If it breaks below 1.1200, a pullback toward 1.1080–1.1000 is likely. ✅ Trade Summary: COT bias: Bullish EUR/USD → strong EUR, weakening USD Technical: Watch price behavior in the 1.1350 zone → if rejection continues, expect a technical retracement before potential continuation. 🎯 Potential Setups: Long on pullback toward 1.1080 Breakout long above 1.1450 → targeting 1.1600 Short-term short if bearish price action appears in the current zone
by EdgeTradingJourney
1
Playing the continuation longAlways trying to keep things simple: Trend if clearly UP and it's not showing sign of weakness so far. So until that changes, I'll be looking to enter a long at a discount. Right now we over extended quite a bit especially on monday 21st during the easter holiday with low volume. And today (22nd) was an eventless day with no important news and while we had a tweet from bessent about china's deal, it wasn't really anything important at all. So given all of that, we could expect a pullback and most likely a bit more of a pullback tomorrow. Now we have two possibilities for the continuation in my opinion. Either the previous week range was the consolidation needed for the price to make the next leg up and we're just gonna tap into that liquidity before moving back up (in which case an entry around the weekly pivot at 1.136, right below the golden zone from last week range to yesterday's highs fib with a great support at the 4H gap at 1.129 on the weekly R1 to limit our risk. Or second option is a deeper retracement back into a much stronger confluence (but also less likely to happen) at the weekly support which happens to coincide with a bit daily FVG, weekly R3 and the golden zone from the fib from before the big impulse up we just had until now: That would take us all the way down to 1.115 (not in a straight line though) which is why I said it's the less likely scenario. That being said, if we were to go down all the way there I would definitely take a stab long at that level for a great risk:reward potential. With those two options on the table I'll just wait for a sign of reversal on the LTF before going in either of those trades but we can see on the 1h chart that the RSI is forming a hidden bullish divergence already so things are looking alright for the first idea. I'll try to post more updates as we get to the entry and see if I take the trade. I want to mention one very important thing in this idea though: those are VERY trying times for any traders, be it in stock, forex, crypto or even investors. It's a fact and bear markets/volatile markets are notoriously hard to navigate. You might have the right idea but get stopped before price going for your target despite using proper SL management at proper levels etc as any news/tweet can take you out in an instant in a news driven environment. What I'm trying to say is: do not trade in the coming days/weeks if you don't have to. Practice, paper trade, have fun with a cheap prop firm challenge to limit the risk to a couple dozen bucks etc. I trade for a living so I have to keep going but it is a lot harder even if you try to trade with the trend and apply the rules that makes you profitable for years. April so far is a red month for me (down about 2.5%), the first red since march of last year, that says a lot. It's fine and I'm not worried, but using proper risk management and knowing when to stay out is just as important as charting and finding out ideas, especially during those times. That's why I'm only down a few thousands instead of blowing up or wiping months of progress. Things will calm down in due time and it will be a lot easier with price respecting levels, not running away at every opportunity and not retesting breakout levels etc etc. Those are much easier time to make a lot of money despite having lower volatility and less pips/day moves. Be patient and consistent, now is not the time to look for new trading strategies, youtube gurus, magical indicators or whatnot! Good luck to you all traders out there!
Long
by Nordic_Wings
4
EURUSD InsightWelcome, dear subscribers! Please feel free to share your personal opinions in the comments. Also, don’t forget to like and subscribe! Key Points - According to CNN and Caixin, China has recently imposed an additional 125% tariff on eight types of U.S. semiconductors, excluding memory chips. - President Trump, in an interview with Time magazine, stated that Chinese President Xi Jinping had called him, and he expects that all negotiation proposals will be announced within the next three to four weeks. He reaffirmed this expectation while leaving the White House to attend Pope Francis’ funeral. - While skepticism remains in the market regarding whether actual U.S.-China trade negotiations are underway, there is a growing sentiment that the situation is unlikely to deteriorate further. Key Economic Events This Week + April 29: U.S. March JOLTS Report (Department of Labor) + April 30: Germany Q1 GDP, Germany April CPI, U.S. April ADP Nonfarm Employment Change, U.S. March Core PCE Price Index + May 1: Bank of Japan Interest Rate Decision + May 2: Eurozone April CPI, U.S. April Nonfarm Payrolls, U.S. April Unemployment Rate EURUSD Chart Analysis After a sharp rally, EURUSD climbed close to the 1.16000 level but has since started to turn downward after encountering strong resistance. A short- to medium-term decline is expected, with a likely target near the 1.11000 level. However, once it reaches this bottom, a rebound and a return to an upward trend are anticipated. If the market moves differently from the current outlook, I will promptly adjust the strategy accordingly.
Short
by shawntime_academy
EURUSD(20250424) Today's AnalysisMarket News: The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024. Technical analysis: Today's buying and selling boundaries: 1.1354 Support and resistance levels: 1.1485 1.1436 1.1404 1.1303 1.1272 1.1223 Trading strategy: If the price breaks through 1.1354, consider buying, the first target price is 1.1404 If the price breaks through 1.1303, consider selling, the first target price is 1.1272
Long
by Toml1314
EUR/USD Maintains Bullish Structure 5th Wave Extension UnderwayThe overall trend of EUR/USD appears upward when observed from a higher time frame, indicating that the 4th wave has completed and the 5th wave is in formation. Within the main 5th wave, sub-waves are developing, and it seems we are currently in the sub-wave of the 5th sub-wave. Once this sub-wave completes, the main 5th wave is also expected to complete. The invalidation level for this structure is at 1.10920 . If the upward move continues as expected, potential targets could be seen around 1.14683  and  1.15894
by Money_Dictators
2
EURUSD 3 TARGETS for selling 3 TOPS. The 5 year cheat-sheet!The EURUSD pair opened the week with a strong rally already due to the fundamentals surrounding the recent Tariff news. The 1W RSI is overbought at 74.00 and it hasn't been that high since January 22 2018. That was a long-term Top for EURUSD that initiated a 2-year downtrend until the March 2020 COVID crash and the start of massive rate hiking. Even the last two times that the RSI came close to such overbought levels, the pair started a 6-month peak formation pattern with 3 Highs that offered solid short entries before the eventual larger downtrend. Those periods were January 30 2023 - July 17 2023 and August 31 2020 - May 24 2021. Given that EURUSD is now trading within a long-term Channel Up (blue) and just formed a 1D MA50/ 1W MA50 Bullish Cross, we are closer to High (1) than not, since every time that is formed close to the standard +16.19% rise from the bottom. For those successive Highs, our long-term sell targets will be 1.12500, 1.13250 and 1.12000 on the 0.382 Fibonacci retracement level respectively. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
EURUSD – A New High Potentially in Sight?The pullback seen in EURUSD at the start of this week, which resulted in a low of 1.1264 being registered on Tuesday may have been a natural reaction to the spike from 1.0943 on Thursday 10th April, up to 1.1473 on Friday 11th April. A quick and relentless rally (low to high) of 4.8% that caught many by surprise. Now, against the backdrop of fresh dollar selling due to a new series of tariff headlines from the Trump administration on Wednesday, the most prominent being the ban on Nvidia from exporting certain chips to China, EURUSD has started to move back towards 1.14 again with the all-important rate decision due later today at 1315 BST. The ECB are expected to cut interest rates by another 25bps, so anything else may be a seen as a surprise. This decision could be a close call given that the ECB committee seem to be split, with some more worried about supporting the economy through this period of trade war uncertainty, while others are more focused on the potential for trade tariffs to push inflation back higher. Whatever the decision, the press conference, led by ECB President Lagarde, which starts at 1345 BST could also be a focal point for EURUSD volatility as traders try and glean what they can from Madame Lagarde on whether more rate cuts are possible at the next meeting in June, her thoughts on inflation, recent Euro strength and the Eurozone economy. Technical Update: Is the Break of Long Term Resistance Significant? The current year to date phase of EURUSD price strength has seen an impressive 12.6% advance from the January low into the latest April high (1.0184 to 1.1473). However, what technical analysts are now beginning to focus on is the world's most heavily traded currency pair recent close above 2 potentially key resistance points on the weekly chart that coincide at 1.1275/1.1278. These points are equal to a combination of the July 2023 high and the 61.8% Fibonacci retracement of the February 2021 to September 2022 price decline (see chart above). While this is no guarantee of sustained phase of price strength it might well be an indication of further attempts to push towards higher levels. Potential Resistance Levels We Now Need to Monitor What the weekly chart above does show is that the latest strength has approached a previous failure high at 1.1494, which was posted in February 2022. Traders may well be focusing on this level next, as closing breaks of this resistance point might suggest current EURUSD strength may carry further. Such moves could in turn lead to a more sustained phase of price strength, with the next resistance point to consider marked by the October 2022 upside extreme at 1.1691. Potential Support Levels We Now Need to Monitor After such an extended period of price strength over a relatively short period of time there may be potential for over-extended upside price conditions to lead to the price corrections. With this in mind, it is the perhaps the daily EURUSD chart that might offer clues to possible support levels. Running Fibonacci retracements on the latest phase of price strength seen between April 4th and April 10th, we see the 38.2% retracement at 1.1244, has remained intact within this week’s latest trading activity. Any potential breaks below this level, while not suggesting a negative shift in sentiment, may prompt a deeper decline in EURUSD prices towards 1.1175, which is the 50% retracement, even 1.1106, which is the 61.8% retracement level, as seen on the chart above. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
by Pepperstone