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EURUSD trade ideas

EURUSD is moving within the 1.10850 - 1.13000 range👀 Possible scenario: The euro rose 0.69% against the U.S. dollar on May 19, as the greenback weakened after Moody’s downgraded the U.S. credit rating—echoing earlier moves by Fitch and S\&P. The downgrade revived concerns over U.S. fiscal stability and sparked renewed selling pressure. Treasury Secretary Scott Bessent’s warning about potential tariff hikes if trade talks stall added to investor caution, raising geopolitical risk and weighing on the dollar. On May 20, markets will watch the U.S. Consumer Confidence report (2:00 p.m. UTC), global trade developments and peace talks in Eastern Europe. ✅ Support and Resistance Levels Now, the support level is located at 1.10850. Resistance level is located at 1.13000.
by MaxOnMarkets
What Is the ICT Silver Bullet Strategy, and How Does It Work?What Is the ICT Silver Bullet Strategy, and How Does It Work? The ICT Silver Bullet strategy offers traders a unique approach to capitalising on market opportunities during specific trading hours. This article explored this advanced strategy, explaining the role of fair value gaps, liquidity, and timeframes and how to implement it. Understanding the ICT Silver Bullet Strategy The ICT Silver Bullet trading strategy is a sophisticated trading methodology developed by Michael J. Huddleston, known as the Inner Circle Trader, or ICT. This strategy is designed to capitalise on specific, high-probability trading opportunities that align with certain times throughout certain sessions, specifically the London and New York sessions. Central to the ICT Silver Bullet strategy are two key concepts: liquidity and fair value gaps. Liquidity in this context refers to places within the market where there is significant trading activity, often indicated by previous highs and lows of a trading session or historical price points that attract significant interest from traders. Fair value gaps are price areas that were either skipped over quickly during rapid price moves or areas where the price has not returned for a significant period, reflecting a disparity between perceived value and market price. The strategy's effectiveness hinges on executing trades during specific one-hour windows known as Silver Bullet times. By focusing on these concepts and timings, traders can more accurately analyse market movements and align their trades with the influxes of smart money, potentially improving their returns by catching swift moves towards liquidity points. Key Components of the Strategy The Silver Bullet ICT strategy employs a detailed approach to trading that revolves around understanding market dynamics at critical times. Here are the key components that define this strategy: Fair Value Gaps A fair value gap (FVG) occurs when the price quickly moves away from a level without significant trading occurring at that price, leaving a "gap" that is likely to be tested again when the price returns to this point. In the context of the ICT Silver Bullet strategy, these gaps are targeted because they represent potential inefficiencies in the market where the price may return to balance or fill the gap. Traders using this strategy watch these gaps closely as they often present clear entry points when approached again. Liquidity Targets Liquidity targets are essentially areas where there is expected to be a significant volume of orders, which can lead to particular price movements when these levels are approached. These include: - Previous session highs and lows: These are often areas where stop-loss orders accumulate, making them prime targets for liquidity-driven price moves. - Swing points in the market: Key reversals and continuation points that have historical significance. - Psychological levels: These include round numbers or price levels ending in '00' or '50', which often act as focal points for trading activity. Specific Trading Times Unlike many strategies that align strictly with market opening times, the ICT Silver Bullet trading strategy utilises specific one-hour windows during the day when liquidity and volatility are expected to be high due to trader participation across the globe. These Silver Bullet hours are strategically chosen based on their potential to tap into significant market moves: - London Open Silver Bullet: Occurs from 3:00 AM to 4:00 AM Eastern Standard Time (EST) in winter and from 2:00 AM to 3:00 AM in summer, which is 8:00 AM to 9:00 AM Greenwich Mean Time (GMT) in winter and 7:00 AM to 8:00 AM in summer. - New York AM Session Silver Bullet: From 10:00 AM to 11:00 AM EST, translating to 3:00 PM to 4:00 PM GMT. - New York PM Session Silver Bullet: From 2:00 PM to 3:00 PM EST or 7:00 PM to 8:00 PM GMT. These time slots are selected based on historical data showing heightened trading activity and, therefore, increased opportunities to capture moves towards identified liquidity targets. Implementing the ICT Silver Bullet Strategy Traders utilising the ICT Silver Bullet strategy typically prepare by marking potential fair value gaps and liquidity targets before these key trading times. As these windows approach, they monitor price action closely for signs that the market is moving bullishly or bearishly toward these liquidity points, enabling them to search for an entry. Note that because this is an intraday strategy, ICT says it’s better to use a 15-minute timeframe or lower. Most traders use the 1-minute to 5-minute for the Silver Bullet setup, though those inexperienced with the strategy may prefer the 5-minute. Here’s a breakdown of the strategy: Entry - Market Direction and Liquidity Analysis: Before the designated Silver Bullet timeframes, traders perform a detailed assessment of the market direction on higher timeframes, such as the 15-minute to 4-hour charts. This initial analysis is crucial to align their strategies with the market's overall momentum. - Identifying Key Liquidity Points: Traders also mark significant liquidity targets during their analysis, such as previous session/day highs and lows. These points are expected to attract significant trading activity and thus are critical for planning entry points. - Formation of Fair Value Gaps (FVG): During the Silver Bullet hours—specifically from 3:00 AM to 4:00 AM, 10:00 AM to 11:00 AM, and 2:00 PM to 3:00 PM EST—traders watch for the market to approach these liquidity points and leave behind a Fair Value Gap. This movement is essential as it indicates a potential inefficiency in price that the market may seek to correct. - Setting Limit Orders at FVGs: Once an FVG is identified, traders set their limit orders at the boundary of the FVG closest to their intended trade direction. If aiming for a long position, the order is placed at the top of the FVG; for a short position, at the bottom. This method allows traders to potentially enter the market as it moves to 'fill' the gap, aligning with the initial momentum assessment and the subsequent market reaction to liquidity levels. Stop Loss - Initial Placement: Traders typically place stop-loss orders to potentially manage risk tightly with respect to the FVG's structure. If trading long, the stop loss might be set just below the low of the candle that forms the FVG; if trading short, just above the high. - Swing Points: Alternatively, stop losses might also be placed beyond recent swing highs or lows, providing a buffer against market volatility and minor fluctuations that do not affect the overall market trend. Take Profit - Targeting Liquidity Points: The common practice for setting take-profit points involves aiming for the next significant liquidity target identified during the preparatory phase. - Risk-to-Reward Considerations: Many traders set their take-profit goals based on a calculated risk-to-reward ratio, often aiming for at least a 1:2 ratio. This means that for every unit of risk taken, two units of reward are targeted. In terms of pips, traders generally look for at least 15 pips when trading forex and 10 points in indices. EUR/USD Example In the provided EUR/USD chart example, a detailed analysis of higher timeframes has established a bearish outlook. Consequently, the focus is on identifying short trading opportunities while disregarding potential long setups. During the 8:00 AM to 9:00 AM GMT window, there's a noticeable Fair Value Gap (FVG) that forms following a swift rejection from an upward move. This price action reflects a viable entry point for a short position. Traders could place a limit order at the bottom boundary of the candle that initiated the FVG, with a stop loss positioned just above the candle's high or the nearby swing point high, depending on their risk tolerance. The target for this trade is set at the previous day's low, which is reached and prompts a short-term reversal in price direction. Later in the day, between 7:00 PM and 8:00 PM GMT, another FVG develops. Following the same principle, we can enter at the bottom of the FVG. Setting a stop loss above the swing high is considered more prudent than directly above the candle high, which in this case would likely lead to a stop-out due to the tightness of the entry. Since the previous day’s low has already been reached earlier, the next logical target is the low of the US session, aligning with the day's bearish momentum. The Bottom Line The ICT Silver Bullet strategy provides a precise framework for traders looking to exploit specific market conditions tied to the rhythmic movements of liquidity and price during crucial trading hours. By focusing on fair value gaps and strategic entry points, traders can align their actions with significant market forces. FAQs What Is the Silver Bullet Strategy in Trading? The Silver Bullet strategy in trading is a specific, time-sensitive approach designed to capitalise on liquidity and fair value gaps that typically form during key periods of market volatility. Developed by Michael J. Huddleston, also known as ICT, it aims to take advantage of the movements that occur when the market reacts to these gaps during certain hours of the trading day. What Time Is the Silver Bullet Strategy? The Silver Bullet strategy is executed during three distinct one-hour windows corresponding to heightened market activity periods. These are: - London Open Silver Bullet: Occurs from 3:00 AM to 4:00 AM Eastern Standard Time (EST) in winter and from 2:00 AM to 3:00 AM in summer, which is 8:00 AM to 9:00 AM Greenwich Mean Time (GMT) in winter and 7:00 AM to 8:00 AM in summer. - New York AM Session Silver Bullet: 10:00 AM to 11:00 AM EST (3:00 PM to 4:00 PM GMT). - New York PM Session Silver Bullet: 2:00 PM to 3:00 PM EST (7:00 PM to 8:00 PM GMT). How Long Does Silver Bullet Last? As an intraday trading strategy, the Silver Bullet targets quick, short-term trades within specific one-hour windows. The trades are typically intended to be closed by the end of the trading day, capitalising on rapid movements towards and away from liquidity points. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
EURUSD: Weak Market & Bearish Continuation Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed down by the bears so we will sell! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️Please, support our work with like & comment!❤️
Short
by UnitedSignals
1
EURUSD Is Going Down! Sell! Here is our detailed technical review for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.124. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.116 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. 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
EURO - Price can make small correction and then bounce upHi guys, this is my overview for EURO, feel free to check it and write your feedback in comments👊 Recently, price entered to falling channel, where it at once fell to $1.1330 level and then not long time traded near this level. Next, price rose to resistance line of channel, and some time traded near, after which dropped. Price broke $1.1330 level and started to traded below this level, and later it continued to decline in channel. Later, Euro made a gap and then exited from channel, after which turned around and started to grow in a rising channel. In this channel, price broke $1.1140 level and continued to move up until it reached resistance line. Then price corrected, and now I expect that Euro can bounce up from support area to $1.1280 inside channel. 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.
Long
by WalterMoon
9
EUR/USD Short Opportunity – Rising Wedge + Retest + TargetThis technical setup on EUR/USD (1H timeframe) highlights a potential high-probability short opportunity based on a combination of price action, chart patterns, and key structural levels. The pair is showing signs of weakening bullish momentum and preparing for a bearish continuation. 🔎 1. Pattern Analysis: Rising Wedge Formation The primary pattern visible is a Rising Wedge, which is traditionally a bearish reversal formation. It’s defined by: Higher highs and higher lows, but both trendlines are converging, suggesting weakening bullish control. Volume (not shown here) typically decreases within a rising wedge, further confirming a potential breakout. This wedge formed after a previous sharp bullish recovery, acting as a continuation structure that often reverses. In this case, the price formed multiple touches on both wedge boundaries, enhancing the reliability of the pattern. 🧱 2. Key Structural Zones: Minor Resistance Zone (~1.1270–1.1285): Clearly marked on the chart with a blue shaded zone. Price has reacted from this level multiple times, validating it as a supply area. The most recent attempt to break above this level failed, further confirming seller dominance. Consolidation Zone (highlighted in yellow): Prior to the wedge’s formation, price entered a consolidation phase. Consolidation often precedes a breakout or a trend reversal. In this case, it provided a base for the rally that formed the wedge. 🔁 3. Breakout and Retest: Price has broken below the lower support line of the rising wedge. This breakout is a bearish signal and suggests the pair may now be ready for a stronger downside move. The price appears to be retesting the broken wedge support, which is a classic confirmation move before continuation. Retests of broken structures often offer low-risk, high-reward entry opportunities. 🎯 4. Trade Plan and Setup: Entry Zone: Watch for bearish rejection or candle confirmation on the retest of the wedge support turned resistance. Stop Loss (SL): Positioned just above the resistance zone, at 1.12887, protecting the trade against false breakouts or reversals. Take Profit Levels: TP1 – 1.10649: This level is a strong support zone based on previous price action and structural significance. TP2 – 1.09670: The full measured move from the height of the wedge. This also aligns with historical support and psychological round number proximity (1.10). 🧠 5. Confluence Factors: Technical Pattern: Rising wedge = bearish. Support/Resistance: Multiple reactions to both the resistance zone and wedge trendlines confirm market memory. Price Action: Break + retest = ideal entry confirmation. Risk-Reward Ratio: Favorable, especially with conservative TP1 and aggressive TP2 levels. Macro Context (optional): If posted during news week – potential USD strength based on rate expectations, NFP, or inflation. ⚠️ 6. Risk Management Tips: Use a position size that aligns with your account risk tolerance (1–2% rule). Wait for confirmation (bearish engulfing candle or rejection wick) before entering. Always be prepared for invalidation. If price closes above the resistance zone, this idea is voided.
Short
by GoldMasterTrades
EURUSD May 20 Failed Trade cont analysis hour to minute EURUSD May 20 Failed Trade Hour to minute chart analysis Narrative Breakdown Asia to London hour TF analysis *Price expands to a discount taking minor buy side *dips below the 50 fib, and CE of the FVG it was attempting to rebalance *on the 15 TF the above move retraces to the .618 Monday’s previous range, classic pullback in a bull market, setting up for a long for London, my oversight *20:30 Price launches with a visible reaction, to reverse course *22:45 price retests the IFVG created at 20:30 bounces off *price consolidates back to a premium *this threw me off-I don't buy in a premium on the previous range *clues price is going higher was price making higher lows 1:50 I entered to sell, equal highs taken and EXPECTING a sell off framing my logic from the morning not reading the HTF logic *2:05 stopped out Admittedly I did switch and buy after seeing my oversight and analyzing GBP/DXY logic and got stopped out Day over. Price did swing to equal highs that I did frame when I bought. Nice delivery with out me! Take aways *Scaling through all time frames for reactions at specific levels, and noting them, along with what liquidity was taken *HTF bias is KING *I was flexible by buying after my sell idea folded, I was not confident and hence got stopped out with a sloppy entry *rule broken 1 trade a day-2 trades today that cost me *after a successful trading day yesterday today I could have went to the beach *rule broken buying in a premium!!!! Grateful to be practicing and loosing trades are winning for the wealth of information that is provided
by LeanLena
EUR/USD.. 4H CHART PATTERN..*EURUSD BUY* entry: ### *Trade Plan: EURUSD BUY @ 1.12500* *Potential Risk-Reward Ratio:* Up to ~1:3 (with trailing stop) #### *Key Levels:* - *Entry:* *1.12500* - *Stop Loss (SL):* *1.11800* (~70 pips risk, below recent support) - *Take Profit Targets:* - *TP1:* *1.14100* (+160 pips, ~2:1 R/R) - *TP2:* *1.15500* (+300 pips, ~4:1 R/R) #### *Risk Management:* - *Position Size:* Risk 1-2% of capital per trade (e.g., 0.5-1% if wider SL). - *Leverage:* Use ≤ 10x leverage to avoid volatility spikes. #### *Execution Strategy:* 1. *Confirmation:* Ensure bullish momentum (e.g., breakout above 1.12800, RSI >50, MACD crossover). 2. *Partial Close:* Secure 50% profits at *TP1 (1.14100)*, then trail SL to breakeven or higher (e.g., 1.13000). 3. *Final Target:* Let remaining position ride to *TP2 (1.15500)* if trend stays strong (watch for ECB/Fed policy shifts). #### *Supporting Factors:* - *Fundamental Catalyst:* Dovish Fed expectations or Eurozone inflation surprises could fuel upside. - *Technical Confluence:* 200-day SMA or channel breakouts add validity. #### *Exit if:* - Price breaks below *1.11800* (invalidates bullish structure). - Bearish reversal patterns form (e.g., double top at 1.14000). Would you like a deeper analysis of current EURUSD drivers (e.g., interest rate differentials, COT data)?
Long
by Algo_Trading_Mql5
28
EURUSD May 20 Failed TradeEURUSD May 20 Failed Trade Daily Chart Analysis Parent range equilibrium Previous range Premium My idea of price selling off to inefficient delivered price action yesterday, was NOT the Marco London move. What I over looked today on HTF analysis I see in hindsight now or what I am studying as result of being wrong. *HFT May 12 Monday made a low to the 70 HTF fib *Price retraces and returned to open and close in the same tight range, consolidating-building in orders *yesterday I executed a buy day with this HTF logic of price seeking the 50 HTF fib level-last week price was in a discount and this week heading to a premium *Yesterday Price expands to the 50 fib HTF to it and through it-celebrate my idea and trade being correct *Price closes in a premium just above the 50 HTF fib *Logic said intraday retracement of inefficient price to have a sell off day in London Going to continue the breakdown of this trade on the hour to the minute.
by LeanLena
US Credit Downgrade and Brexit Progress Lift EuroThe euro approached the $1.13 mark on Tuesday, extending its rebound from the one-month low recorded on May 12. The rally followed a broad-based weakening in the US dollar after Moody’s downgraded the US credit rating from Aaa to Aa1, citing mounting government debt and widening fiscal deficits. The downgrade sparked investor concerns about long-term US economic stability and pressured dollar-denominated assets. The EU and UK finalized a provisional agreement addressing key post-Brexit issues such as defense, fisheries, youth mobility, and security cooperation. The deal may pave the way for UK companies to participate in major EU defense projects, marking a potential turning point in EU-UK relations. The European Central Bank is expected to initiate a rate cut in June, with additional easing possible later in the year. Despite these expectations, the euro has held firm, buoyed by both geopolitical developments and dollar weakness. EUR/USD now faces resistance at 1.1260, with further upside barriers at 1.1460 and 1.1580. Support lies at 1.1040, followed by 1.1000 and 1.0960.
by ChartMage
Symmetrical Triangle Breakout: EUR/USD Eyes Higher Levels..!📊 EUR/USD Technical Analysis – Breakout Watch..! 💥 🕰 Timeframe: 4H | 📅 Date: May 20, 2025 By: @Kartik\_Elkunchwar The EUR/USD pair is showing an **interesting structure** with strong breakout potential. Here's the breakdown: 🔍 Chart Pattern Observed: Symmetrical Triangle After a strong uptrend since late March, price consolidated into a symmetrical triangle, marked by lower highs and higher lows. This formation typically indicates indecision in the market, but it often precedes a strong breakout. 📈 Uptrend Intact The dotted line labeled UP-TREND shows that the bullish momentum is still present, with price respecting the rising support line over time. This trendline has acted as a reliable dynamic support, reinforcing the bullish bias. 🔔 Recent Price Action Price recently broke out above the upper trendline of the triangle, closing around **1.1275**. This breakout is accompanied by a surge in momentum and could signal the resumption of the bullish trend. 📌 Key Levels to Watch Resistance Zone: 1.1300 – If price breaks and sustains above this level, we could see a rally toward **1.1400–1.1450**. Support Zone: 1.1200 and 1.1100 – In case of a false breakout or retest, these levels may act as buying opportunities. 🧠 Conclusion The EUR/USD pair is giving a **potential long setup** after consolidating for weeks. A confirmed breakout above the triangle indicates **buyers may be gaining control**. Watch for a **retest and bounce** for higher conviction entries. 📉 What’s your take on EUR/USD? Bullish or Bearish..? Drop your analysis in the comments! 💬
Long
by Kartik_Elkunchwar
EURUSD INTRADAY bulish breakout supported at 1.1100EUR/USD remains in a long-term bullish trend, but price action has been consolidating sideways since reaching the recent swing high on April 21, 2025. The key support level to watch is 1.1100. This is the current swing low and a critical level for the bullish structure to hold. If the pair pulls back and finds support here, a rebound could lead to upside targets at 1.1275, then 1.1356, and eventually 1.1460 over the longer term. However, if the price breaks below 1.1100 and closes below that level on the daily chart, the bullish outlook would be invalidated. In that case, further downside could follow, with 1.1030 as the next support, and then 1.0990. In conclusion, EUR/USD remains bullish above 1.1100, but a confirmed break below that level would shift the outlook to bearish in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
The Day AheadTuesday May 20 Data: US May Philadelphia Fed non-manufacturing activity, China 1-yr and 5-yr loan prime rates, Germany April PPI, Italy March current account balance, ECB March current account, Eurozone March construction output, May consumer confidence, Canada April CPI, Denmark Q1 GDP Central banks: Fed's Bostic, Barkin, Collins and Musalem speak, ECB's Wunsch, Cipollone and Knot speak, BoE's Pill speaks, RBA decision Earnings: Home Depot, Palo Alto Networks, Vodafone Other: G7 finance ministers and central bankers meeting in Canada (through May 22), EU's foreign and defence ministers meeting in Brussels This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
EUR/USD Price Action Update – May 20, 2025📊 EUR/USD Price Action Update – May 20, 2025 🔹 Current Price: 1.12570 🔹 Timeframe: 1H 📌 Key Demand Zone: 🟢 1.11200–1.11650 – Major bullish rejection zone; structure formed after strong accumulation and upside expansion. 📈 Bullish Outlook – Eyes on 1.14259: 🔸 If price cleanly breaks and retests 1.12926, we could see a sharp continuation toward 1.14259 🔸 Market showing higher highs and strong impulse legs from demand 📉 Invalidation Risk: 🔸 A break back below 1.12200 may invalidate bullish bias and revisit deeper demand 🔍 FXFOREVER Insight: ✅ 1H bullish structure remains intact ✅ Watch for 15M BOS above 1.12900 for low-risk entry ✅ Ideal for swing or intraday buys with proper RR #EURUSD #ForexUpdate #FXFOREVER #SmartMoney #LiquiditySweep #DemandZone #BreakoutSetup #PriceActionForex #EuroDollar
Long
by FXFOREVER_87
2