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EURUSD trade ideas

EURUSD Analysis โ€“ 23rd March 2025 (4H)EURUSD Analysis โ€“ 23rd March 2025 (4H) A. Market Structure & Overview Current Price: 1.08153 (-0.25%) Trend: Strong uptrend from 1.0200 (Jan 2025) to 1.1000 (Mar 2025), now in a pullback phase testing 1.0800 support. Mak 369 Method: 1.0800 is a key pivot level (108 is a multiple of 9) If price holds, expect bullish continuation; if it breaks, a deeper correction may unfold. B. Fibonacci, Gann, & Elliott Wave Analysis ๐Ÿ”น Fibonacci Levels (1.0200 to 1.1000 move): 38.2% Retracement: 1.0704 50% Retracement: 1.0600 Current Price (1.08153) is above 38.2%, indicating a shallow pullback. ๐Ÿ”น Gann Levels: 1.0800 is a strong historical support & Gann level. If broken, next major support is at 1.0600. ๐Ÿ”น Elliott Wave Structure: Possible Wave 4 correction (after Wave 3 peak at 1.1000). Wave 5 could extend to 1.1100 - 1.1200 if 1.0800 holds. C. Key Levels to Watch Support Levels: โœ… 1.0800 - 1.0780 โ†’ Current Support โœ… 1.0700 - 1.0680 โ†’ Next Key Support โœ… 1.0600 โ†’ Major Support Resistance Levels: ๐Ÿš€ 1.0900 โ†’ Short-term Resistance ๐Ÿš€ 1.1000 โ†’ Recent High ๐Ÿš€ 1.1100 - 1.1200 โ†’ Potential Wave 5 Target D. Possible Scenarios & Probability ๐Ÿ”น (55%) Bullish Scenario: Price holds 1.0800 and breaks above 1.0900, targeting 1.1000 - 1.1100. ๐Ÿ”น (35%) Rejection Scenario: Price fails at 1.0800, leading to a pullback to 1.0700 - 1.0680. ๐Ÿ”น (10%) Bearish Breakdown: Break below 1.0780 confirms downside, targeting 1.0600. E. Trading Strategy & Final Thoughts ๐Ÿ”ต Bias: Bullish above 1.0800 Bearish below 1.0780 ๐Ÿ“ˆ Long Position (Buy Setup) ๐Ÿ”น Entry: 1.0800 - 1.0810 (After bullish confirmation) ๐ŸŽฏ Targets: 1.0900, then 1.1000 - 1.1100 ๐Ÿ›‘ Stop Loss: Below 1.0780 ๐Ÿ“‰ Short Position (Sell Setup) ๐Ÿ”น Entry: Below 1.0780 (Breakdown confirmation) ๐ŸŽฏ Targets: 1.0700, then 1.0600 ๐Ÿ›‘ Stop Loss: Above 1.0850 โš ๏ธ Key Considerations: Watch for false breakouts below 1.0800; confirm moves with volume. A strong break and close above 1.0900 confirms bullish momentum. A close below 1.0780 signals possible bearish continuation to 1.0700 - 1.0600. โœ… Final Thoughts EURUSD is testing a critical 1.0800 support level. Holding above this zone favours bullish continuation to 1.1000 - 1.1100. However, a break below 1.0780 may shift momentum bearish, targeting 1.0700 - 1.0600. Wait for confirmation before entering a trade. ๐Ÿš€
Long
by MAKFX21
EURUSD โ€“ Rising Wedge Breakdown | FVG in PlayEURUSD has broken down from a Rising Wedge pattern on the 1H timeframe, suggesting a bearish momentum shift after a strong rally. The current price action indicates a likely continuation lower, targeting the Fair Value Gap (FVG) zone and major support near 1.07047. ๐Ÿ“Š Technical Breakdown 1. Rising Wedge Pattern A clean bearish rising wedge formed during the uptrend, with price contracting upward and volatility drying. The breakdown from this wedge came with strong bearish momentum, confirming the pattern's bearish bias. 2. Fair Value Gaps (FVGs) as Draws on Liquidity Two unmitigated FVGs lie below current price: First zone near 1.0780 Second deeper zone near 1.07047, aligning with the projected measured move of the wedge breakdown. These zones act as magnetic targets for price to fill inefficiencies and collect liquidity. 3. Bearish Retest Structure Price is currently forming a potential retest of the broken wedge structure, which could provide an ideal short entry opportunity. Expected continuation downward upon rejection from this retest zone. ๐Ÿง  Trade Idea Entry Zone: After confirmation of rejection near 1.0850 (retest of wedge) Target: 1.07047 (FVG & measured move confluence) Stop Loss: Above 1.0885 (above wedge structure) Risk-Reward: Solid setup with FVG and structure confluence โš ๏ธ Key Levels to Watch Resistance: 1.0850โ€“1.0880 (wedge retest) Support/Target: 1.07047 (FVG fill + structure) Break back above 1.0900 invalidates the short setup.
Short
by ForexOptimizer
EURUSD: Signals for continuous profitThis week, the signal to go short on EURUSD in the range of 1.0900-1.0950 has already started to generate profits. Next week, you can start closing the orders when there is a decline. I will continue to provide accurate signals. Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
Short
by KentJessie6
EURUSD: Technical and Fundamental AnalysisEURUSD Technical and Fundamental Analysis Today Germany's Bundesrat upper house of parliament is set to vote on Friday on a spending splurge aiming to revive growth in Europe's largest economy and scale up the military for a new era of European collective defence. This was also voted on Tuesday: The vote was 513 in favor and 207 against. The vote needed 489 votes to pass constitutional reform. Overall, the market has to deal with old news. However, if the market speculates again that Eurozne will become stronger, then EURUSD may rise, as shown on the chart. If the market doesn't react by this news as it is already an old news a movement below the structure zone should push EURUSD down even more. I think the bearish wave has more chances however we have to wait for confirmation first as it is still bullish in the current zone. You may find more details in the chart! Thank you and Good Luck! โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
by KlejdiCuni
2
EURUSD March 23 weekly reviewEURUSD March 23 weekly review Second week Price wicks up to the.79 on the weekly parent range. Price took the equal highs barely. Same as the DXY, EUR has been in a narrow tight trading range which I noted last week. Price did push up taking buy stops from March 11 and into the lower 1/4 of the Monthly SIBI. Price creates more equal highs on Tuesday. Price starts the week in a Premium in a consolidation pattern from Fridays close. Monday rallies previous Wednesdays high creating a equal high, retraces and sets up Tuesday to make the high of the week taking last weeks buy side. Wednesday starts the sell off from Premium to the 50 level and Thursday sells off small retracement then creates equal lows. Friday in a discount takes minor buy side to then take equal lows from March 10 to close in a discount on the current trading range. *Note last week and this week Tuesday made the high and then this week Price took last week highs on Tuesday. I have heard Tuesday makes the high or the low of the week. *Note from session to session how Price engineers in equal highs and lows to then take the next session or trading day.
by LeanLena
EURUSD Will Move Lower! Sell! Please, check our technical outlook for EURUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.081. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.068 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EUR/USD Trading Analysis โ€“ Falling Wedge Breakout StrategyChart Overview The EUR/USD 1-hour chart presents a classic falling wedge pattern, which is a bullish reversal setup indicating that selling momentum is weakening and a breakout to the upside is imminent. This chart provides a structured trading plan, highlighting support and resistance levels, entry points, stop-loss placement, and a target price. Traders can use this setup to capitalize on the potential bullish move while effectively managing risk. Letโ€™s break it down step by step. 1. Understanding the Falling Wedge Pattern A falling wedge is formed when price action moves within two downward-sloping trendlines that converge. It signals decreasing bearish pressure, as the price forms lower highs and lower lows within a narrowing range. The decreasing range indicates that sellers are losing control, and an upside breakout is likely. In this chart, we observe the following key characteristics of a falling wedge: โœ… Two converging downward trendlines that contain price movement. โœ… Lower highs and lower lows showing seller exhaustion. โœ… Decreasing volume as the price approaches the breakout zone. โœ… Support near 1.08000, which has held price several times before. A breakout above the wedge signals a shift from bearish to bullish sentiment, making this a strong trade setup. 2. Key Support & Resistance Levels ๐Ÿ”น Support Level (Demand Zone) The horizontal blue zone at 1.07898 โ€“ 1.08000 is a critical support level. This level has been tested multiple times, making it a strong demand zone where buyers step in. The falling wedge bottom aligns with this area, reinforcing its importance. If price stays above this zone, it confirms the potential for a bullish breakout. ๐Ÿ”น Resistance Level (Supply Zone) The resistance zone at 1.09300 - 1.09839 has acted as a barrier to upward movement. Price previously reversed from this zone, making it a logical take-profit area. If the breakout happens, this level will be tested again. A break above 1.09839 would signal further bullish momentum. 3. Trading Strategy โ€“ Step-by-Step Execution ๐Ÿ“Œ Entry Confirmation To enter this trade with confidence, traders should wait for a confirmed breakout above the wedge. A strong bullish candle breaking above the wedgeโ€™s upper trendline signals entry. Ideally, a pullback and retest of the breakout level would provide additional confirmation before entering long. ๐Ÿ“Œ Stop-Loss Placement Risk management is key, and stop-loss placement should be strategic to avoid unnecessary losses. A stop-loss is set just below 1.07898, slightly under the recent low. This placement ensures protection against false breakouts. ๐Ÿ“Œ Take-Profit Target The take-profit target is set at 1.09839, aligning with key resistance and the projected wedge breakout distance. This level has historically acted as resistance, making it an ideal zone to exit profits. Partial profit-taking can be considered near 1.09300, before the final target. ๐Ÿ“Œ Risk-to-Reward Ratio With a tight stop-loss and a higher profit target, this trade offers a favorable risk-reward ratio (RRR). A minimum RRR of 1:3 is recommended, meaning potential reward is three times the risk taken. 4. Expected Market Behavior & Possible Scenarios ๐Ÿ“Š Scenario 1: Bullish Breakout Confirmation ๐Ÿš€ If price breaks and closes above the wedge, we expect a rally towards 1.09300 - 1.09839. Pullback to retest the breakout zone would further confirm bullish strength. Strong volume would validate the breakout, leading to a high-probability move. ๐Ÿ“‰ Scenario 2: Bearish Breakdown (Invalidation) โŒ If price breaks below 1.07898, the bullish setup is invalidated. A downside move could push the price lower, possibly towards 1.07500 or below. Traders should exit long positions if this scenario unfolds. 5. Additional Technical Indicators for Confirmation To strengthen this trade setup, traders can use: โœ… RSI (Relative Strength Index) โ€“ Look for RSI divergence or a move above 50, confirming bullish strength. โœ… MACD (Moving Average Convergence Divergence) โ€“ A bullish crossover on MACD would reinforce the breakout. โœ… Volume Analysis โ€“ A spike in volume at the breakout level adds confidence in the move. 6. Conclusion & Trading Plan This falling wedge setup suggests a high-probability bullish breakout if the price confirms above the resistance zone. ๐Ÿ”น Trading Plan Summary: โœ… Wait for a breakout above the wedge before entering. โœ… Confirm breakout with a retest or strong bullish candle. โœ… Set stop-loss below 1.07898 to limit downside risk. โœ… Take profit at 1.09839, securing profits at resistance. This strategy offers an excellent risk-to-reward ratio, making it a well-structured trade setup. Always manage risk and avoid premature entries without confirmation. ๐Ÿ“Œ TradingView Tags for Maximum Visibility #EURUSD #Forex #TechnicalAnalysis #FallingWedge #Breakout #PriceAction #ForexSignals #SupportResistance #TradingSetup #DayTrading #SwingTrading
Long
by GoldMasterTrades
EUR/USD Technical Analysis โ€“ Double Top Pattern & Bearish MoveThis EUR/USD 1-hour chart presents a clear Double Top pattern, signaling a potential trend reversal. The chart displays key technical elements, including support and resistance levels, trendlines, a stop-loss placement, and a take-profit target. Letโ€™s go through an in-depth professional breakdown of this trading setup. 1. Market Structure and Trend Analysis Before identifying the pattern, itโ€™s crucial to analyze the market structure: โœ” The price had been in an uptrend initially, making higher highs and higher lows. โœ” However, the trend began to weaken after hitting resistance at the 1.0950 zone. โœ” This failure to break higher created a double top, which is a strong bearish reversal signal. A double top forms when the price reaches a high twice, fails to break above resistance, and then declines past the neckline (support level), confirming trend reversal. 2. Double Top Pattern Breakdown ๐Ÿ”น First Peak (Top 1): The price surged upwards, hitting the resistance zone at 1.0950, but faced selling pressure. The rejection resulted in a pullback to the neckline (support level at 1.0800-1.0820). ๐Ÿ”น Second Peak (Top 2): The price attempted another rally but failed at the same resistance zone, confirming seller dominance. The second rejection suggests a lack of bullish strength, signaling a potential shift in momentum. ๐Ÿ”น Neckline (Support Breakdown): The key support zone around 1.0800 acted as a pivot level. Once this level was breached, it confirmed bearish continuation. 3. Key Technical Levels & Price Action Signals ๐ŸŸข Resistance Level โ€“ 1.0950 Zone This level has acted as a strong supply zone where sellers stepped in to push prices lower. The two failed breakout attempts indicate that buyers lost control. ๐Ÿ”ต Support Level (Neckline) โ€“ 1.0800-1.0820 Zone Initially, this area provided buyer support, but once broken, it became a resistance level (previous support turns into new resistance). โšก Stop-Loss Placement โ€“ 1.09190 A well-placed stop-loss above the resistance zone protects against false breakouts. If the price rises above this level, it invalidates the bearish structure. ๐ŸŽฏ Take-Profit Target โ€“ 1.06916 The projected target aligns with the measured move (the distance from the resistance to the neckline). The price may find support at this level, where traders should look for a potential reversal or continuation. 4. Confirmation of Bearish Breakdown For a high-confidence short trade, multiple confluences support the bearish bias: โœ” Break & Retest of the Neckline โ€“ After breaking support, the price attempted a retest and failed, confirming resistance. โœ” Trendline Break โ€“ The trendline supporting the previous uptrend has been decisively broken. โœ” Bearish Price Action โ€“ The formation of strong red candles and lower highs suggests sustained selling pressure. โœ” Momentum Shift โ€“ Increased bearish volume further confirms the reversal strength. 5. Trading Strategy & Execution Plan โœ… Entry Criteria Sell after the retest rejection at the previous support (now resistance). Look for a strong bearish candle formation as a confirmation signal. ๐Ÿ“‰ Risk Management Stop-Loss: Placed slightly above 1.09190, ensuring the pattern remains valid. Take-Profit: Target set at 1.06916, aligning with previous structure support. ๐Ÿ’ฐ Risk-Reward Ratio The setup offers an attractive risk-to-reward ratio, making it a high-probability trade. 6. Alternative Scenarios & Market Considerations Although the bearish bias is dominant, traders should be prepared for alternative outcomes: ๐Ÿ”ธ Fakeout Risk: If price closes above 1.09190, it could indicate a failed breakdown, invalidating the trade. ๐Ÿ”ธ Bounce from 1.06916: If the price reaches the target support zone, buyers might step in, leading to a potential reversal. ๐Ÿ”ธ Fundamental Influence: News events (such as FOMC, ECB statements, or US inflation data) can increase volatility and impact price direction. 7. Conclusion โ€“ A High-Probability Short Trade This Double Top pattern setup presents a textbook bearish reversal, offering an excellent short-selling opportunity. The combination of technical confirmations, price action signals, and a well-structured risk-reward ratio makes this trade highly reliable. Final Takeaways: โœ” Bearish Confirmation โ€“ Double Top breakdown with a retest rejection. โœ” Sell Setup Validity โ€“ Below 1.0800 support. โœ” Stop-Loss & Target Defined โ€“ Risk-controlled strategy execution. ๐Ÿ“Š Verdict: Bearish trade setup with downside potential toward 1.06916. Traders should monitor price action for further confirmations! ๐Ÿš€
Short
by GoldMasterTrades
EUR/USD Daily Chart Analysis For Week of March 21, 2025Technical Analysis and Outlook: As indicated in the analysis conducted last week, the Euro has initiated a downward trend following a successful retest of the Mean Resistance level at 1.093. It is currently trending downward toward the Mean Support level at 1.078, potentially declining further to the Mean Support level at 1.061. Conversely, should the anticipated downward trend not materialize, the Eurodollar will retest the Mean Resistance level at 1.087, with an additional resistance level marked at 1.095.
by TradeSelecter
Three Possible Scenarios for EURUSDEURUSD has flattened out after its strong upward move from around 1.0350 to 1.0950. The bullish momentum has eased, with Europeโ€™s new spending plans priced in, most of the tariff impact accounted for, and markets digesting the FOMC forecasts. Now, the focus shifts to the next major decision point. There are three possible scenarios: 1-This is a double top formation around 1.0950. If 1.08 breaks, the formation target is at 1.0650, which is also the midpoint of the rally from 1.0350 to 1.0950. Itโ€™s a classic technical setup, and fundamentals such as a potential escalation in trade tensions when the April 2 tariffs come into effect could support this move. 2- The second scenario is that this is a consolidation phase before the next leg higher. In this case, the current movement forms a flag pattern, and a breakout would aim for 17 years long downtrend line just above 1.11. For this to materialize, a clear breakout above 1.0950 with strong fundamental support is required. 3- The market may stay indecisive due to the high level of risks and unknowns. In this case, EURUSD would likely continue moving sideways, possibly with minor corrections or false breakouts on both ends, before a clearer direction emerges. Our view favors the first scenario as the most probable outcome, though all three have valid technical and fundamental reasoning behind them. We lean toward the first scenario because sharp upward moves like this typically require a healthy correction, the risk of trade war escalation increases with each new statement from Trump, and the technical setup aligns well with this narrative.
by ftdsystem
EURUSD FORECAST FY25 TIDES TURNINGi dont usually do forex unless its big yields like this the concerning kind im bearish on dxy so im going to take the time to call out what i see i believe the us is in over its head and might jus transition to crypto as their legal tender to save themselves global de dollarisation sentiment (geopolitical tensions and sanctions have proven how dollar can be a liability) national debt cant keep playing jenga with that inflation might just respike with how they want to print more while cutting interest rates while still not having dropped it to the 2% target nations like japan suffered from the covid stimulus nobody will repeat that mistake they will divert their dollar assets into something else like gold not enough tho maybe euros id need to research into their holdings but i wont be suprised if nations dropping dollar instruments its all just strategic for economic resilience looking out for number 1 japan is a loco one they shot rates up 17% from nowhere bro spontaneous
Long
by Bekiumuzi_Dube