Correction on EURUSDEURUSD continues to pull back and is heading toward a support zone.
Tomorrow’s U.S. inflation data is expected to trigger increased volatility.
The overall uptrend remains intact, and we’re watching for a potential reaction and continuation.
At current levels, there’s no valid reason to enter a position.
EURUSD trade ideas
EURUSD scalping setup if dollar gains after Fed meetingEURUSD has held above 1.1263 for weeks. If the Fed turns hawkish today and rules out rate cuts despite weak data, EURUSD could drop fast. That would likely frustrate Trump and give scalpers a chance at a quick move.
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EURUSD Long IdeaHi Traders!
I'm preparing to take a long on this pair. Definitely taking a lot of patience with it consolidating in between 1.14500 and 1.12800, but the weekly looks like it's setting up. I was thinking it could fill in a little more of the imbalance from the push up past 1.2800, but the candles aren't closing that way. In addition, DXY looks like it's about to drop more.
I have a few alerts set to see where I can get the best entry. If everything goes to plan I will be looking to swing this pair up to a weekly bearish CHOCH at 1.1700. Lets see! Good luck everyone!🤞
Bullish bounce off 50% Fibonacci support?The Fiber (EUR/USD) is falling towards the pivot and could bounce from this level to our take profit.
Pivot: 1.1145
1st Support: 1.0938
1st Resistance: 1.1523
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EURUSD Technical Analysis.This chart from TradingView shows the EUR/USD pair on the 1-hour timeframe.
Key Observations:
1. Current Price: The price is around 1.10784, with a significant drop indicated (-1.49%).
2. Support Zone: There is a horizontal support line near the current price, suggesting a potential bottom or area of buying interest.
3. Resistance Zones:
An intermediate resistance around 1.11826.
A higher resistance near the 1.12000 level, marked as a potential target.
4. Bullish Reversal Pattern: The chart shows a potential W-shaped pattern forming, indicating a possible reversal from the current downtrend.
5. Projection: The arrow and target indicate that if the price breaks the intermediate resistance, it may aim for the 1.12000 area.
Trading Insight:
This setup suggests a bullish reversal after the recent sell-off. A break and close above the intermediate resistance around 1.11826 could confirm a move toward the next target. However, if the price fails to break the resistance, a continuation of the downtrend may occur.
Would you like an analysis of potential trading strategies based on this chart?
Euro will exit from pennant and grow to resistance levelHello traders, I want share with you my opinion about Euro. Looking at this chart, we can see how the price, after a strong upward impulse, the price entered into a consolidation phase, forming a classic upward pennant pattern. Throughout this structure, the price repeatedly respected both the support line and resistance line, tightening inside the pennant while still holding above the support level at 1.1300. This zone, between 1.1280 and 1.1300, marked as the buyer zone, has acted as a strong floor multiple times. Every touch to this area sparked bullish reactions, and most recently, we can see the rice once again starting to grow after dipping into this zone. On the upper side, the resistance level at 1.1430 coincides with the breakout target of the pennant, and also lies just below the seller zone, making it a logical TP 1 area for bulls. The current price action suggests that after a minor pull-back, the price may test the lower pennant edge and then rebound, potentially initiating an impulsive breakout toward 1.1430. Given this structure and the strong base forming around 1.1300, I expect Euro will grow upward toward my TP 1 at the 1.1430 level, thereby exiting from the pennant. Please share this idea with your friends and click Boost 🚀
EURUSD DAILY ANALYSIS $$$OANDA:EURUSD
1H : Bearish BOS + OB + IMB 15m : Bearish BOS + OB + IMB
EXPECTION : Here I have 3 scenarios in mind:
1: The price may break in this area with confirmation
2: The price goes up and attracts liquidity then breaks with confirmation
3: The price goes up and breaks the ceiling and the 15-minute trend becomes bullish and we wait for the price to retest the area for a low-risk buy trade
I will post my LTF trading idea in the private section. Be sure to follow and like the post.
The downtrend is still too strong in the short term 🔔🔔🔔 EUR/USD news:
➡️EUR/USD is under strong downward pressure and traded at a one-month low below 1.1100 during the European session on Monday. The US and China reached a 90-day truce and significantly reduced tariffs, boosting the US dollar.
Personal opinion:
➡️ Today's economic calendar will not have any high-level data released. Therefore, limit bets on a reversal in the USD's direction. Therefore, in the short term, the downtrend is still dominant
➡️ Analysis based on important resistance - support and Fibonacci levels combined with RSI to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1130 - 1.1140
❌SL: 1.1180| ✅TP: 1.0985
FM wishes you a successful trading day!
EUR_USD LOCAL LONG|
✅EUR_USD is going down now
But a strong support level is ahead at 1.1187
Thus I am expecting a rebound
And a move up towards the target of 1.1278
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/USD should rebound to 1.1344-hour chart,
The EUR/USD CMCMARKETS:EURUSD is trading in a falling expanding (broadening) wedge pattern. The price rebounded from the support level S, and is expected to test the upper resistance line R - at around 1.134
After crossing the line R, and stabilizing for 12 hours above this level, the target will be 1.157 to 1.159 - passing through the shown resistance levels 1.137 and 1.142
Consider a stop loss below the support line (currently 1.119)
RSI is in the buy zone. MACD needs to cross up its signal line to confirm.
EUR-USD Free Signal! Sell!
Hello,Traders!
EUR-USD broke the horizontal
Level of 1.1300 which is now
A resistance and went down
So the breakout is confirmed
And now the pair is retesting
The resistance so as we are
Bearish biased we will be
Able to to enter a short trade
On Monday with the Take
Profit of 1.1197 and the
Stop Loss of 1.1311
Sell!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 1.11194 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
EURUSD staff pattern tips EURUSD to down sideThe EUR/USD exchange rate has generally moved downward since its high point in 2008, reflecting a period of euro weakness and U.S. dollar strength. After reaching its peak, the pair has gone through several bearish phases, and interestingly, the support and resistance lines form a staff.
Economic Recovery in the EU and UK Since the Global Financial Crisis
The EU and UK have seen "no meaningful recovery" since the global financial crisis. Many regions in the EU managed to recover their GDP per capita to pre-crisis levels within a couple of years, though the pace and strength of recovery varied widely. The UK, after a deep recession, returned to its pre-recession GDP levels within several years. However, both the EU and UK have faced ongoing challenges, including sluggish productivity growth and weaker expansion compared to previous decades.
Green Energy Transition and Grid Stability
European policymakers have made the green energy transition a top priority, sometimes advancing more quickly than infrastructure could support. Experts warned as early as 2014 that the rapid adoption of solar panels could put stress on power grids and increase the risk of instability. This concern became reality in Spain, where a significant blackout occurred shortly after the country announced it had achieved 100% renewable power on weekdays. To prevent similar incidents, experts now believe that a massive upgrade of the EU power grid will be necessary to ensure reliable integration of renewable energy sources, and this will cost a trillion dollars. The shortage and rising energy costs will make the EU and the UK lag in the AI race. Especially, a data center is power-consuming. The energy cost of the UK is the highest among developed countries and 5 times that of the US. Thank you to the politicians adopting an unrealistic path to green energy.
Outlook for the EU economy
With ongoing challenges such as the need for large-scale infrastructure investment, slow productivity growth, and pressures from global trade dynamics, the EU economy is expected to continue facing headwinds. Most forecasts indicate that economic growth will remain subdued in the short term, and further slowdowns are possible if structural issues are not addressed.
EURUSDEURUSD price has a chance to test the 1.14550 and 1.15419 levels. If the price cannot break through the 1.15419 resistance zone, it is expected that the price has a chance to go down. Consider selling the red zone.
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EURUSD short on central bank divergence After last weeks FED rate decision I think EURUSD downside looks like a good potential. We saw a continued cautious approach from the FED with hawkish undertones amid trade wars and sticky inflation.
This now presents some clear divergences between central bank policies. The ECB are leading the way with looser monetary policy and continues rate cuts as their inflation rates declines to 2.2%.
Technically, price has broken through a small recent higher low as well as through a head and shoulder price pattern off the round number 1.1500. There was a strong OBV divergence signal around the highs and the weekly POC's have started to break lower.
The weekly profile also presents a possible downside target with a thin week yet to be filled. Two possible positions that could be taken, a slightly more conservative target and stop loss or a more aggressive position with a tighter stop and target towards the lows.
Will need to keep up to date on current macro data's from both the US and EU to ensure the bias doesn't shift, as well as the current tariff wars coming out from the US, important not to get too set on a trade idea and remaining fluid in the ever changing market conditions.
An Long Position on EURUSD(Buys)Entry: 1.12250
SL: 1.12050(20 pips)
TP: 1.13190
Looking at this EUR/USD chart, you’ll notice several trendlines (which I call “T-lines”) drawn across key points. Here’s how I trade based on them:
When price breaks one T-line, I look for the next clear or obvious wick near that break and enter a *buy or sell* from there.
In this case, price broke a T-line downward, so I started buying from the most obvious wick after the break.
I plan to hold the trade until price breaks the next T-line* going upward. Once that next T-line is broken, I’ll take my profit at the most visible or closest wick* right after that break.
*Example on the chart:*
Entry: 1.12250 (after the first T-line break, near the wick)
Stop Loss: 1.12050 (20 pips below)
Take Profit: 1.13190 (after the next T-line break, around the nearest wick)
EUR/USD — Smart Money Concept (SMC) AnalysisStrategy Framework: SMC (CHOCH, POI, Supply/Demand Zones)
---
Key Concepts on Chart
CHOCH (Change of Character)
Confirmed bullish CHOCH from higher timeframe demand zone (orange). Signals intent of bullish reversal.
✅ Strong Demand Zone (Yellow Box)
H4 demand zone holds — price swept liquidity below recent swing low and respected demand.
✅ Target Supply Zones (Marked in Yellow)
1st target: 1.1450 – 1.1500
2nd target: 1.1550 (High timeframe supply)
✅ Elliott Wave Context
Wave (4) completion + bullish impulse toward Wave (5) continuation possible — aligning with SMC bias.
Entry Idea:
> Long after confirmed CHOCH & mitigation of minor demand zone (~1.1240 – 1.1260)
Target 1:
> 1.1420–1.1450 Supply Zone
Target 2:
> 1.1500–1.1550 Higher Supply Zone
Invalidation (Stop Loss):
> Below major demand (
EURUSD SHORT FORECAST Q2 W20 D12 Y25EURUSD SHORT FORECAST Q2 W20 D12 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Weekly imbalance
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X