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EURUSD trade ideas

EURUSD: Bullish Megaphone unfolds its new bullish wave.EURUSD just turned bullish on its 1D technical outlook (RSI = 56.015, MACD = 0.004, ADX = 31.789) as it maintains a sustainable short term uptrend through a Bullish Megaphone pattern. The 1D MA50 has assumed the role of the medium term Support and the 3rd bullish wave is already under way. We expect it to repeat at least the previous +2.59% wave, having a TP = 1.14950. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
#AN003 News of the Week and Impact on Forex Hello, I am Forex trader Andrea Russo, and today I present to you a detailed analysis of the most important news of the week (26–29 May 2025) and their real impact on the Forex market, with strategic observations to immediately include in your trading plan. In this article we will examine the 7 most significant macroeconomic and geopolitical events that have affected the main currency pairs, evaluating the effect on USD, EUR, GBP, JPY, CAD, AUD and emerging currencies. Everything is filtered according to the SwipeUP v9 Elite FX model, based on institutional data, real sentiment and candle-by-candle simulations. 📌 1. USA: Court stops Trump Tariffs One of the most relevant news of the week comes from the United States: a federal court has blocked the application of Donald Trump's trade tariffs, declaring them illegitimate. This event has caused an immediate reaction in the currency markets. 🔍 Forex Impact: The US Dollar (USD) had an initial technical bounce, but then lost strength in the European session. Pairs such as EUR/USD and USD/JPY showed strong reactivity. EUR/USD was rejected from 1.1250, while USD/JPY found support. 📊 Strategic Implications: Risk perceptions on the greenback are rising. Interest in alternative safe haven currencies such as gold and the Swiss franc is growing. 📌 2. US Q1 GDP Downward US Q1 GDP was revised down from -0.1% to -0.2%, confirming a mild economic contraction. 🔍 Forex Impact: The dollar lost momentum, reinforcing the narrative of a possible rate cut. EUR/USD could consolidate above 1.1200 ahead of stronger EU PMI data. 📊 Key Pairs: EUR/USD long on confirmation of 1.1200 support. Possible breakout on AUD/USD if US data continues to disappoint. 📌 3. US Inventories and Oil Rebound: CAD on the Boost US crude inventories fell more than expected, and WTI price is back above $79. 🔍 FX Impact: CAD strengthens on fundamental and intermarket basis. Potential short on USD/CAD with target area 1.3550. 📌 4. UK: Very Strong Data and Resilient GBP UK macro data surprised to the upside: services PMI and core inflation stable, supporting the British pound. 🔍 Forex Impact: GBP/USD above 1.2700 with room for expansion. EUR/GBP rejected by 0.8600: potential for bearish continuation. 📌 5. Forex Options Expirations and Expected Volatility Thursday and Friday are crowded with large option expirations, which can act as price magnets. 📍 Levels to Watch: EUR/USD: 1.1200 and 1.1250 → potential for spikes or rejections. USD/JPY: 145.00 → technical and options confluence. AUD/USD: 0.6650 key zone with volumes in compression. 📊 Trading advice: avoid new entries near option levels without confirmation of real breakout. 📌 6. Nvidia and US Tech Rally: Anti-Yen Effect Nvidia’s results have boosted the entire US tech sector, causing a wave of risk-on. 🔍 Impact on FX: JPY and CHF weak on low interest in safe-haven assets. Great setups on AUD/JPY, CAD/JPY, EUR/CHF long. 📌 7. China: PMI Above 50, Support for AUD/NZD Chinese manufacturing PMI data has returned above 50, signaling expansion. 🔍 Impact on FX: AUD and NZD find technical and macro support. Watch out for AUD/CHF, where macro divergences could generate a bearish reversal. 🧠 Forex Trading Strategy for the Next Week ✅ Strong Currencies: CAD (oil + risk-on sentiment) GBP (macro data + technical momentum) EUR (resilience on USD and supports held) ❌ Weak Currencies: USD (negative GDP, political uncertainty) JPY (no safe haven demand) AUD (potentially vulnerable on risk-on downside)
Education
by Andrea_Russo_SwipeUP
EURUSD – Bearish Reversal in Motion, Fair Value Gap Draws Price EURUSD has recently reacted strongly to a major resistance zone, where price previously stalled and reversed in the past. After running into this area again, we saw a sharp and immediate rejection, which confirms the presence of aggressive selling pressure. This rejection was not just a weak pullback, but a strong displacement candle that shows real intent from institutional participants. This kind of price action is typically a sign that the market has found a short-term top, and will now look to rebalance lower, especially if there are inefficiencies left behind during the last move up. With the rejection now confirmed and price starting to rotate lower, the odds increase that we see a deeper retracement in the coming sessions. Resistance Reaction and Liquidity Story The price reached into a well-defined supply area and rejected cleanly. This level was likely filled with buy-side liquidity from breakout traders and late longs, which institutions needed in order to fill their sell orders. After sweeping above the previous highs and triggering breakout entries, price snapped back below, creating a shift in short-term structure. That move also created a market imbalance, a price inefficiency that the market tends to come back and correct. With bullish liquidity absorbed at the highs, price is now looking for sell-side liquidity, which can typically be found below the previous higher lows and inside unfilled value areas. Fair Value Gap and Fibonacci Confluence Below the current market, we have a clean fair value gap that was left behind during the most recent impulsive bullish move. What makes this area even more attractive is that it overlaps perfectly with the golden pocket zone, the 0.618 to 0.65 Fibonacci retracement level. This confluence creates a high-probability target area, not just because of the imbalance, but also because this level acts as a common retracement zone where institutional traders often look to reaccumulate or exit short-term positions. This area is also likely to hold resting liquidity from traders who placed stop losses under recent higher lows. All these factors combined make the fair value gap plus golden pocket area a natural draw for price, the market tends to gravitate toward these zones when there’s unfinished business left behind. Expectations and Potential Development Going forward, I expect price to continue bleeding lower in a controlled fashion, possibly forming minor lower highs along the way. Once the fair value gap is reached and filled, we could see signs of support or accumulation, depending on the context at the time. It’s important not to blindly long from that area, but instead wait for a market reaction, ideally a shift in structure on the lower timeframes, to signal that buyers are stepping back in. If the market holds that area and confirms support, it could launch a new leg higher. However, if the fair value gap fails and price continues to break down, it would signal that this move is not just a retracement but possibly the start of a larger bearish leg. Conclusion The rejection from resistance has opened the door for a deeper retracement. With a clear fair value gap and Fibonacci golden pocket below, the market now has a logical destination to correct toward. This level offers a clean narrative for continuation lower, and it aligns with both price action structure and algorithmic models. Patience is key now, the best opportunities come when price delivers into clean zones like this one. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ___________________________________ 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! 🚀
Short
by TehThomas
37
Bullish Breakout in EUR/USD: Key Levels to Watch This WeekHi everyone, EUR/USD had a strong week, climbing higher from the May 12 low and further reinforcing our view of a potential long-term bullish trend. We anticipate further upside towards the 1.13768–1.13940 zone, followed by a possible pullback toward the 1.1200 area. We’ll share more updates on the expected path for EUR/USD if and when price reaches that zone. The longer-term outlook remains bullish, and we expect the rally to extend towards the 1.2000 level, as long as price holds above the 1.10649 support. We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support! All the best for the week ahead. Trade safe. BluetonaFX
by BluetonaFX
8
EURO - Price can make movement up and then drop to $1.1100 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined inside a falling channel, where it fell to $1.0735 points and then made an upward impulse. Price exited from channel and reached $1.1100 level, which it soon broke it and continued to move up. Later Euro rose to $1.1425 points, and then made a correction, after which, in a short time, price rose higher this level. After this movement, price turned around and started to decline, breaking $1.1425 level again and entered to flat. In flat, Euro bounced from $1.1100 level and started to grow inside a flat, and later rose to resistance level. Recently price started to decline, so I expect that Euro can rise a little and then continue to decline to $1.1100 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by WalterMoon
2
Market next move 🔻 Disruption Scenarios: 1. Resistance Zone at Target Level The marked "Target" could coincide with a strong resistance level from a previous high. Price may reject this level again, forming a double top or bearish reversal candlestick pattern (e.g., shooting star or bearish engulfing). 2. Volume Divergence The recent uptrend shows a slight drop in buying volume. If price increases while volume decreases, it signals a potential exhaustion of bullish momentum. 3. Upcoming News Events (Fundamentals) The chart shows several upcoming economic events (news icons). Any negative surprise from U.S. data or positive Eurozone data could reverse the trend sharply. For example, better-than-expected U.S. employment data could strengthen the USD, pushing EUR/USD down. 4. Overbought Condition If we add an RSI (Relative Strength Index) or Stochastic oscillator, the price might already be in the overbought zone, suggesting a correction is due. 5. Fake Breakout Trap If the price hits the “Target” but then fails to close above it, it could be a bull trap, triggering short positions and leading to a sharp sell-off.
Long
by Gold_Free_Signals
Euro may grow to resistance level and then drop to 1.1275 pointsHello traders, I want share with you my opinion about Euro. After forming a strong upward move from the buyer zone (1.11850–1.1210), the price rose sharply, broke the mid-range resistance, and entered the seller zone between 1.1380 and 1.1400. Once it reached the upper boundary of the broadening wedge, the price bounced down from resistance at 1.1380. Now the price is trading inside a broadening wedge, showing signs of a potential reversal. After failing to hold above resistance, the Euro started to decline from the seller zone, confirming selling pressure. The current movement points to a correction within the wedge structure. I expect the Euro will continue falling toward 1.1275, my TP 1, where the support line of the wedge coincides with the upper boundary of the previous buyer zone. This zone has already shown strong reactions before and could act as a short-term reversal area. Given the recent rejection from resistance, the broadening wedge formation, and return from the seller zone, I remain bearish and anticipate further decline. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
15
EURUSD Trade Executed London 2 MacroEURUSD Trade Executed London 2 Macro Parent bias Bull Discount coming into Asia May 28 delivery Sell off since Tuesday. Dealing range price expanded to the sell side rebalancing FVG and equal lows. Price gravitated to the Event Horizon. Wick did the damage taking the equal lows. Trade Notes I anticipate for price to set up for a buy day after taking equal low liquidity/discount after the dealing range delivery. *Note: GBP lower to and through its equal lows. Compared to EUR, EUR it just wicked through. *Cross reference the DXY gapped open to the buy side taking its equal highs London 2 Macro Logic *Previous session NY closed in premium taking sell side liquidity in a consolidation *Price comes into Asia in a deep discount *DXY was in a deep Premium after its energetic dealing range * I did trade Asia and closed the trade after I knew it would consolidate and don't have the mental capital to babysit the consolidation cycle-I do want to learn and toughen up to trade the days range. FOMO on 18 pips. Oh well. I seen this so many times I am getting more and more trusting. ICT model 2022 1 minute analysis 0:30 expected swing low for engineered session equal lows, Judus swing 1:36 equal lows taken 1:46 another set of equal lows taken 1:50 price lowers to first presented FVG on candle 21:22 1:49 swing high created then 1:50 creates a swing low 1:50 wick also stops at a ORDER BLOCK? still discerning 1:53 displacement candle folks, validates the swing low shift occurring 1:59 was my entry but I missed getting in 2:00 1.2469 was my entry price stop loss 1.12412 take profit 1.2757 target previous range 50 level Very happy with this trade. Sloppy entry. Clean exit. I took a partial and let it ride until it predictively retraced as it should and again I am learning one model and next is to incorporate is holding for the day range. Especially when the range is 70 pips.
Long
by LeanLena
EURUSD tested the Support line 1.12265 👀Possible scenario: The euro (EUR) dropped 0.32% on May 29, marking its third straight loss, after a U.S. court ruled Trump's reciprocal tariffs unlawful—beyond just the original plaintiffs. The decision, expected to be appealed, adds fresh uncertainty to U.S. trade policy and investor sentiment. Markets are also watching the U.S. Senate, where Trump’s tax and spending plan faces pushback. Meanwhile, the Fed’s latest minutes showed a cautious stance, citing inflation risks and possible rising unemployment—hinting at a delicate policy balance ahead. Focus now shifts to key U.S. data due May 29 at 12:30 p.m. UTC—GDP and jobless claims. Strong numbers could delay Fed rate cuts, pushing EUR/USD below 1.1180. Weak data may lift the euro above 1.1300. ✅Support and Resistance Levels Now, the support level is located at 1.12265. Resistance level is located at 1.14220.
by MaxOnMarkets
Euro Weakens Near 1.1240 Amid Economic ReleasesEUR/USD extended its decline for a third straight session, trading near 1.1240 during Thursday’s Asian hours. Market attention is now turning to key upcoming U.S. economic releases, including Q1 Annualized GDP, quarterly PCE Prices, and weekly Jobless Claims. The U.S. dollar gained strength following a federal court decision on Wednesday, which blocked former President Trump’s attempt to enforce "Liberation Day" tariffs, ruling the measure unconstitutional and beyond presidential authority, according to a Manhattan court panel. The key resistance is located at 1.1290 and the first support stands at 1.1200.
by ChartMage
EUR/USD UPDATE 29 5 2025The chart you've shared is a 30-minute candlestick chart for the Euro/US Dollar (EUR/USD) currency pair, published on TradingView. Here’s a breakdown of the technical elements: Key Levels and Zones: Support Zone (lower yellow zone): ~1.12100 to ~1.12500 Current Price: 1.12776 Resistance Zones: Mid resistance zone: ~1.12850 to ~1.13000 Upper resistance zone: ~1.13500 to ~1.13700 Observations: The price is currently around 1.12776, just below the mid resistance zone. The chart includes two blue arrow projections: 1. A bullish projection: Suggests a break above the mid resistance, heading toward the upper resistance (~1.13657). 2. A bearish projection: Indicates a potential drop toward the support zone before bouncing back up toward the upper resistance. Volume: Noticeable spike in volume during the drop before price stabilized near the support zone, suggesting strong selling pressure was absorbed. Implications: If the price breaks above the 1.13000 level with strong volume, it could signal a move toward the 1.13657 level. A rejection from the mid resistance zone could lead to a retest of the lower support area before attempting another upward move. Would you like a deeper technical analysis, or help planning trade entries/exits based on this chart?
Short
by Mr_Zakrii
EURUSD My Opinion! BUY! My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.1282 Bias - Bullish Technical Indicators: Pivot Points Lowanticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1325 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
EURUSD PLAN – Is the Rebound Just a Pause Before the Drop? EURUSD PLAN – Is the Rebound Just a Pause Before the Drop? | All Eyes on PCE 📊 MACRO OUTLOOK: Following the latest FOMC meeting, the Fed kept interest rates unchanged, as expected, but maintained a hawkish tone. Chair Powell reiterated that inflation remains too sticky to consider rate cuts in the near term. Markets now await this week’s US PCE data — the Fed’s preferred inflation gauge — which could provide the next major catalyst for USD strength or weakness. On the Euro side, weak consumer confidence and tepid growth have strengthened expectations for an ECB rate cut in June. This divergence in monetary policy is weighing on the Euro, as the Dollar finds new demand amid global risk recalibration. 📉 TECHNICAL OUTLOOK (H1): EURUSD has broken down from recent highs near 1.1412 and is now forming a bearish retracement pattern. Price has broken below the 89-EMA and 200-EMA, signaling bearish structure. Current price action suggests a temporary bounce from the 1.1260–1.1280 support zone (Fibo 38.2%–50%), but the broader trend remains bearish. Fibonacci retracement from recent swing lows highlights 1.1338 and 1.1372 as key resistance levels to watch. 🔑 KEY TECHNICAL ZONES: Resistance Zones: • 1.1313 – Minor intraday level (Fibo 0.5) • 1.1338 – EMA confluence + former structure • 1.1372 – Major rejection zone (previous distribution top) Support Zones: • 1.1280 – 1.1260 – Current support bounce area • 1.1220 – Key liquidity sweep zone 🧭 TRADE STRATEGY: Scenario A – Sell the Pullback: • Wait for a rebound into the 1.1313 – 1.1338 zone • Enter SELL if bearish rejection forms • SL: 1.1376 • TP: 1.1280 → 1.1260 → 1.1220 Scenario B – Invalid Breakout: • If price breaks above 1.1372 with momentum, this plan is invalidated — wait for a confirmed breakout retest. Scenario C – Reactive Buy Scalp: • If price shows strong rejection from 1.1260 again, scalpers may consider a temporary BUY back toward 1.1300–1.1310 • This is high-risk and counter-trend. ⚠️ STRATEGIC NOTES: EURUSD remains in a bearish bias until major resistance levels are broken. With PCE data approaching, volatility is likely. Trade setups should be based on confirmation signals and managed tightly as macro data can shift momentum rapidly.
Long
by MMFlowTrading