Important EURUSD UpdateYesterday, EURUSD continued to move sideways, with the market waiting for key news.
Today at 1:30 p.m. (London time), U.S. inflation data will be released.
This report has a strong impact and is likely to determine the next major move.
It is advisable not to open any new positions before the news is published.
EURUSD trade ideas
EURUSD: Rise Ahead! 🇪🇺🇺🇸
EURUSD successfully violated a significant horizontal supply area yesterday.
The broken structure and a rising trend line compose a contracting demand zone now.
It will be the area from where I will expect a rise to higher level.
The next strong resistance is 1.151
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD Sell SetupEURUSD – Institutional Short Setup 🔻
Timeframe: 1H
Date: June 3, 2025
Strategy: OdinVerse HP – Bank Entry Trap + Supply Stack Breakdown
🧠 Smart Money Logic
🔍 Key Zone Details
🔴 Upper Bank Sell Entry (1.14539 – 1.14337) Final liquidity sweep into major HTF supply – fakeout push before drop.
🔴 Lower Bank Sell Entry (1.14210 – 1.14127) True institutional entry zone. Price retested this zone before rejection.
🔻 Current Reaction Zone Price is rejecting the lower zone with bearish follow-through and structure shift.
🔑 Key Confluences
Fakeout Above Trendline → Trap breakouts at the top of rising wedge.
Double Bank Sell Zones → Clear signs of institutional order stacking.
Market Structure Shift → Clean BOS (break of structure) after retest of lower zone.
Mitigation Complete → Last bullish OB fully mitigated, turning supply active.
Daily EQM Sweep → Targeting imbalance & unfilled FVGs below (1.1285 to 1.1200).
🎯 Targets
🎯 TP Levels Zone/Logic
1.13884 Prior demand base / FVG top
1.12854 Major imbalance completion
1.12545 – 1.1200 Liquidity grab + OB tap zone
⚔️ Execution Plan
In Position? Hold – structure confirms clean sell trap.
Missed Entry? Wait for M5–M15 OB retest or mitigation around 1.1415.
Reversal Risk? Only invalid if 1.1454 breaks with close above.
🔥 OdinVerse Grade: A+ Setup
✔ HTF Supply Confluence
✔ Dual Bank Entry Zones
✔ Structure Shift
✔ Clean Downside Liquidity Targets
EURUSD Back to 8H Support ZoneFollowing the bullish breakout of the trendline on the 4-hour timeframe and the subsequent pullback to the mentioned level, along with confirmations on lower timeframes, we expect the price to retrace toward the 8-hour support zone to gather momentum for a potential continuation of the upward trend.
While a precise touch of the support level is not guaranteed, based on the current setup, it remains a likely scenario.
A possible entry zone could be around the highlighted orange area. Based on this setup, I anticipate a potential drop of approximately 4% in EUR/USD, targeting the 1.095 level.
Disclaimer: You are responsible for your own trades. Do not risk more than 2% of your account on a single setup.
EUR/USD Forecast: Impulse Wave Progressing TowardThe EUR/USD is currently exhibiting a well-defined impulsive structure following the completion of a corrective (ABC) phase. The market has successfully formed waves (1) and (2), and is now advancing within wave (3), which typically carries the most momentum in an Elliott Wave cycle.
The ongoing rally suggests wave (3) is targeting the 1.15350 level — a key Fibonacci projection area that aligns with previous structural resistance. Momentum remains strong, supported by bullish market structure and sustained buying pressure.
Should wave (3) conclude near this zone, a brief corrective pullback into wave (4) is anticipated, likely retracing toward the 1.14440–1.14730 support range. This would offer a potential entry opportunity before the market resumes its higher trajectory in wave (5), targeting the 1.16077 level.
T1: 1.14857
T2: 1.15090
SL: 1.13867
EUR/USD Multi-Timeframe AnalysisAs we start a new trading week, let’s take a look at EUR/USD across multiple timeframes.
Weekly
EUR/USD has broken above a major resistance zone defined by the highs from both 2023 and 2024.
That area was retested and has now held, with price starting to build above it. The RSI is climbing
steadily and remains below overbought territory, suggesting there’s scope for further progress.
Importantly, price action is also holding above the 200-week moving average, which adds weight to
the bullish structure developing at the higher timeframe.
EUR/USD Weekly Candle Chart
Past performance is not a reliable indicator of future results
Daily
On the daily chart we can see the breakout and retest in more detail. The 50-day moving average
has provided dynamic support, helping to establish a recent swing low as part of the retest. Since
then, EUR/USD has pushed higher, respecting an ascending trendline that has now been tested
multiple times. As long as price continues to respect that trendline and the 50-day average, the near-
term bias remains to the upside.
EUR/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
4hr
The four-hour chart helps assess how short-term momentum is developing. Price remains above the
VWAP anchored to the May lows, with the 9 EMA also above the 21 EMA, showing that short-term
trend and momentum are aligned. Price is now pushing towards a break above last week’s swing
highs, and at this stage, there’s no clear sign of bearish divergence or slowdown.
EUR/USD Four-Hour Candle Chart
Past performance is not a reliable indicator of future results
1hr
The hourly chart gives us a closer look at recent action and can be useful for shaping entries. With
the same indicators in place, we can see that price has now broken and closed above last week’s
swing highs. That breakout, combined with the rising EMAs and supportive VWAP positioning,
suggests that short-term momentum continues to favour the bulls.
EUR/USD Hourly Candle Chart
Past performance is not a reliable indicator of future results
Summary:
Across all timeframes, EUR/USD is showing a consistent bullish structure. The weekly and daily
charts confirm that the breakout above last year’s highs has held and is now building. On the four-
hour and hourly timeframes, short-term momentum indicators remain supportive, and price is
already pressing into new ground above last week’s highs. As things stand, the trend remains intact,
with no signs yet of reversal or fatigue.
Disclaimer: This is for information and learning purposes only. The information provided does not
constitute investment advice nor take into account the individual financial circumstances or
objectives of any investor. Any information that may be provided relating to past performance is not
a reliable indicator of future results or performance. Social media channels are not relevant for UK
residents.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly
due to leverage. 85.24% of retail investor accounts lose money when trading spread bets and
CFDs with this provider. You should consider whether you understand how spread bets and CFDs
work and whether you can afford to take the high risk of losing your money.
EUR/USD - continue with the UptrendOn EUR/USD , it's nice to see a strong buying reaction at the price of 1.12890 and 1.12460 .
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
Lingrid | EURUSD Bullish Trendline Breakout. Potential LongFX:EURUSD continues to build strength above the 1.13720 resistance-turned-support line, supported by the upward channel structure. The pair is squeezing between the ascending trendline and the descending blue trendline, with higher lows signaling steady bullish pressure. A confirmed breakout above 1.14400 would likely trigger a move toward the 1.15700 target level inside the resistance zone. Price action favors bulls while the channel base holds.
📈 Key Levels
Buy zone: 1.13720–1.14000
Buy trigger: breakout above 1.14400
Target: 1.15700
Sell trigger: close below 1.13720
💡 Risks
A rejection from the downward trendline could trap breakout buyers
Choppy behavior within the wedge may cause false signals
Broader dollar strength could cap gains if macro data shifts unexpectedly
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURUSD Channel Up targeting 1.15000.The EURUSD pair just broke above the Resistance 1 level (1.14250) confirming the extension of the current Bullish Leg of the short-term Channel Up.
With their 4H RSI patterns very similar, the previous Bullish Leg rose by +2.58% before a pull-back to the 4H MA50 (blue trend-line). That gives us a potential Target of 1.15000 on the short-term.
-------------------------------------------------------------------------------
** 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.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
EURO/USD 4H/Daily OutlookStill bullish — just waiting for the 4H BISI to form.
We’ll likely get overlapping price action around the 4H FVG + 0.75 retracement zone.
👉 Once we see displacement from the 50% of the 4H BISI, that’s the green light.
That’s the setup. That’s the "go in HAHAHA" moment 😂
For extra confirmation:
✅ A clean 15min BISI forming after the 4H displacement would seal the deal — ideal entry trigger.
🎯 Stay patient. Let the market build the setup. Precision > Prediction.
EURUSD – The bearish threat is becoming increasingly clearRecently released PMI data shows that the U.S. manufacturing sector is rebounding. This dampens expectations of monetary easing from the Fed. With a stronger U.S. dollar and rising bond yields, USD-denominated assets like EURUSD are facing downward pressure.
On the daily chart, EURUSD is approaching the resistance zone at 1.16438 – an area that has rejected prices before. The recent rebound appears to be losing strength, and the ascending trendline is at risk of breaking.
If the price fails to hold above this trendline as illustrated, a breakout to the downside could drive the market toward the 1.10757 zone – which aligns with a previous strong support level.
In summary: be cautious of a potential trend break. If a pattern of lower highs continues, sellers may soon take control.
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!
Bearish reversal off pullback resistance?The Fiber (EUR/USD) is rising towards the pivot, which is a pullback resistance, and could drop to the 1st support, which is a pullback support.
Pivot: 1.1521
1st Support: 1.1065
1st Resistance: 1.1665
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURUSD: Detailed Support & Resistance Analysis For Next Week
Here is my latest structure analysis
and important supports and resistances for EURUSD
for next week.
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD COT and Liquidity AnalysisHey what up traders welcome to the COT data and Liquidity report. It's always good to go with those who move the market here is what I see in their cards. I share my COT - order flow views every weekend.
🎯 Goal of this ideas is not to provide bias you can see that in my other analysis. Here Im just tracking order flow.
📍Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
💊 Tip
if the level has confluence with the high volume on COT it can be strong support / Resistance.
👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
EURUSD: weekly focus on jobs dataThe previous week started with US macro data related to Durable Goods Orders. This indicator surprisingly dropped by -6,3% in April compared to the previous month. Although negative, the indicator was better from the market estimate of -6,8%. The second estimate of US GDP Growth rate for Q1 was -0,2%, and was a bit better from the market estimate of -0,3%. Fed's favorite inflation gauge, PCE data, was posted during the previous week. The PCE in April increased by 0,1%, which was in line with market anticipation. Core PCE was also standing at the level of 0,1% for the month. At the same time, Personal Income was higher by 0,8% in April, highly above forecasted 0,4%, while Personal Spending was higher by 0,2% for the month, and in line with market estimate. The week was closed with University of Michigan Consumer Sentiment. Final indicator level for May was 52,2, modestly above market expectation of 51. The five years inflation expectations were also modestly decreased to the level of 4,2%, which was below market estimate of 4,6%.
The GfK Consumer Confidence in Germany continues to move in a negative territory in June with the level of -19,9, a bit higher from market consensus at -19. The Unemployment rate in Germany in May remained unchanged from the previous month, at the level of 6,3%, and in line with market expectations. The Retail Sales in Germany in April dropped by -1,1% on a monthly basis, bringing the indicator to 2,3% when compared with the previous year. Preliminary Inflation estimate for Germany in May stands at 0,1% for the month and 2,1% on a yearly basis.
The currency pair moved in a mixed manner during the previous week. The highest weekly level at 1,1414 marked the start of the week, however, eurusd is ending the week lower, at the level of 1,1348. Still the lowest weekly level was shortly touched at Thursday's trading session at the level of 1,1213. The RSI moved between levels of 53 and 59, without a clear indication that the market is heading toward either side. The MA50 continues to diverge from MA200, without an indication of a potential change of course in the coming period.
The week ahead brings some important news, which the market is currently following with high anticipation. The US jobs data will be in focus in the week ahead, including the Non-farm payrolls for May. This might bring some higher volatility in case that the official data are not in line with market anticipation. On the other hand, the ECB meeting is scheduled for the week ahead, where ECB members will make a decision whether to cut interest rates for another time during this year. As per Reuters pool, there is a high probability that the ECB will make another cut at the June 5th meeting, by 25bps, bringing the facility rate to the level of 2%. This day might be another volatile day on the market. As per current charts, there is probability for eurusd to test 1,1250 short term support level in the week ahead, and this would be the level to watch. If it holds, then the eurusd will revert back with high probability to reach levels above the previous week's highs at 1,14. In this case, the currency pair will head to test 1,15 levels for one more time, but it might occur in more than one week. For the week ahead, the 1,14 resistance would be the level to watch. Current charts are showing low probability that the short term support at 1,1250 will be breached to the downside. Just in case that this move occurs, then the next level to watch will be 1,11. However, such a move currently has a low probability of occurrence.
Important news to watch during the week ahead are:
EUR: Inflation rate in EuroZone, flash for May, ECB rate decision, ECB Press conference, Trade Balance for Germany in April,
USD: ISM Manufacturing PMI for May, JOLTs Jobs Openings in April, ISM Services PMI for May, Non-farm Payrolls in May, Unemployment rate in May.
Trading Signals for EUR/USD sell below 1.1360 (21SMA-5/8 Murray Early in the American session, the euro is trading around 1.1340 and is experiencing a strong technical rebound after reaching the 4/8 Murray level at 1.1230.
The euro could rise in the coming hours, but it faces strong resistance around 1.1352. This level could provide a key opportunity to resume selling.
It the euro falls below the 21SMA at 1.1326 or below the 5/8 Murray level, we could expect a technical correction and could reach the 4/8 Murray level at 1.1240 and even fill the gap it left around 1.1168.
The indicator is showing a negative signal, however, we could expect a recovery in the euro in the coming hours, before it could fall again.
Hellena | EUR/USD (4H): LONG to the resistance area 1.15691.Colleagues, I believe that wave “5” of higher order has actively started an upward movement.
At the moment I see movement in wave “1” of medium order and it means that a correction in wave “2” to the area of 50% Fibonacci level (1.12434) is expected. But I would still advise to consider only upward movement and use pending limit orders.
I see the maximum of wave “3” - resistance area 1.15691 as the target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bearish reversal off pullback resistance?The Fiber (EUR/USD) is rising towards the pivot and could reverse to the support.
Pivot: 1.1424
1st Support: 1.1237
1st Resistance: 1.1555
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Trading Signals for EUR/USD Sell below 1.12907 (200 EMA-21 SMA)Early in the American session, the euro is trading around 1.12640 within the uptrend channel formed on the H4 chart since May 9 and showing signs of exhaustion.
If the euro continues its bullish cycle, we could expect a break and consolidation above 1.1354, then it could reach the 7/8 Murray level at 1.1475.
Technically, we observe that the euro is overbought, and the chart shows a small secondary downtrend channel, which will be viewed as a selling opportunity in the coming days.
The euro could attempt to recover in the coming hours as we see a small technical rebound. However, it faces strong resistance around 1.1354. Below this area, any technical rebound will be viewed as a selling opportunity, with short-term targets around the psychological level of 1.1000.
A sharp break of the uptrend channel and consolidation below the 6/8 Murray level could confirm the next bearish move and could fill the gap left at 1.1162 and even reach the 5/8 Murray level at 1.0986.
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
EURUSD has pulled back to the broken trendline and is now trading below a key resistance zone.
As long as the price remains below this resistance, we expect a short-term decline toward the specified support level.
The rejection from this zone suggests a possible continuation of the down move.
However, if price breaks and holds above the resistance zone, the bearish outlook will be invalidated.
Don’t forget to like and share your thoughts in the comments! ❤️