EUR/USD Daily Chart Analysis For Week of May 16, 2025Technical Analysis and Outlook:
During the current trading session, the Eurodollar has exhibited notable signs of weakness, ultimately reaching a critical Outer Currency Dip at 1.111, facilitated by Mean Support at 1.119. Following this decline, the market experienced a pronounced rebound. Recent analysis indicates that the Euro will likely close with a retest of the completed Outer Currency Dip at 1.111, while it may progress towards the next Outer Currency Dip at 1.095. It is essential to highlight that upward "dead-cat" rebounds may arise within the current price range, particularly around the Mean Resistance level of 1.125, and could potentially approach an Inner Currency Rally at 1.129.
EURUSD_SPT trade ideas
EUR/USD Playbook: Precision Day Trading from Range to BreakoutEUR/USD is in a bullish correction on the daily chart, holding above the 21-EMA with compressed moving averages signaling consolidation. The pair trades in a 1.1170–1.1230 range on the 1-hour chart, presenting ideal day-trading opportunities. Volume spikes at support (1.1170) and weakness near resistance (1.1230) reinforce this range.
Use this structure to your advantage:
Long near 1.1170–1.1185, backed by EMA ribbon support and RSI recovery from oversold levels.
Short near 1.1225–1.1235, where RSI typically overextends and price stalls on weak volume.
Use tight stops (5–10 pips) and take profits near range edges.
If price breaks and holds above 1.1235, target 1.1265–1.1300 on a bullish continuation. Below 1.1170, expect deeper downside toward 1.1120.
Stick with the range until a breakout is confirmed by volume and candle closes.
EUR/USD: Weekly PAT + VPA 5/11/2025Trading Analysis EUR/USD - Price Action and Volume Price Analysis
Weekly Structure Analysis: At present, we find ourselves within a bullish weekly range. The lower boundary of this range is 1.07330, established during the week of March 24, 2025, while the upper boundary is at 1.15734, reached the week of April 21, 2025. The price movement from 1.073 to 1.157 has surpassed a swing high, which we will identify as our initial resistance point as we aim to return to 1.15734.
Weekly Price Action Analysis: Analyzing structure and price action reveals similarities. Our confidence in a bullish trend is the anchored weekly bar. The weekly candle from the week of April 7, 2025 serves as this anchor. Following the inside bar, we observed a bearish pin bar, which acts as a Bullish Reacher since its wick exceeded the high of the anchor bar's wick (Wick on Wick). The market shows signs of wanting to rise, but it must first hit a demand zone that weekly traders are keen to engage with.
Volume Price Analysis: The last four weekly candles have demonstrated limited strength in driving the market lower, with support holding at 1.11927 (1.12). As the price declines, trading volume is decreasing, following a sharp upward movement, likely due to profit-taking or repositioning. Volume analysis indicated we should retest 1.15734.
Good luck and happy trading!
OANDA:EURUSD TVC:DXY
EURUSD: The Market Is Looking Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 1.11806 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level of 1.12047.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
EUR/USD Rebounds, Eurozone Data EyedEUR/USD climbed to around 1.1310 during Friday’s Asian session, rebounding as U.S. Treasury yields declined, the 30-year yield slipped from its 19-month high of 5.15%, weighing on the dollar. The recovery follows the House passing Trump’s fiscal bill, which revived deficit worries. Earlier, strong U.S. PMI figures (Composite: 52.1, Manufacturing & Services: 52.3) had briefly strengthened the dollar.
Fed Governor Waller hinted at possible rate cuts if tariffs stabilize, while Trump renewed threats of higher tariffs on the EU. On the European front, ECB officials expect inflation to return to near 2% by end-2025, though growth remains subdued. Eurozone PMIs showed services at 48.9 and manufacturing at 49.4. Focus now shifts to Germany’s GDP release.
Resistance is at 1.1390, with higher levels at 1.1460 and 1.1580. First support lies at 1.1260, followed by 1.1100 and 1.1050.
EURO/USD bullish recovery phase following a previous downtrend.Ichimoku Cloud is applied, showing trend momentum and support/resistance.
Price Levels:
Current price: 1.1342 SELL / 1.1343 BUY
OB: Marked as a potential Order Block zone (smart money concept), indicating prior institutional activity or demand area.
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Trend Analysis
Market appears to be in a bullish recovery phase following a previous downtrend.
Diagonal trendline support is holding (marked by upward arrows), confirming an ascending structure.
Breakout scenario is expected as price approaches consolidation near resistance.
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Cloud Interaction
Price has broken above the Ichimoku Cloud, a bullish signal, indicating potential for continuation.
The cloud now acts as dynamic support, confirmed by the bounce shown with the blue arrows.
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Projection
The chart outlines a projected bullish path:
Retesting the trendline or cloud support
Moving upward toward the green resistance zone
Final bullish target at 1.1550–1.1600 area, labeled “TARGET POINT”
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Summary
This is a bullish continuation setup on EUR/USD:
Support respected (diagonal trendline + Ichimoku cloud)
Price structure forming higher lows
A clear roadmap to a bullish breakout toward a predefined target zone.
This chart reflects strategic, institutional-style trading, combining smart money concepts (Order Block), Ichimoku trend following, and breakout potential. Let me know if you want a trade setup drafted or a risk-reward breakdown.
Euro Extends Rally Ahead of PMI DataEUR/USD trades near 1.1340 during Asian hours, close to two-week highs, extending gains for a fourth session ahead of Eurozone PMI data expected to show improved growth for May.
The U.S. dollar remains under pressure as markets await Thursday’s S&P Global PMI. Moody’s downgraded the U.S. credit rating to Aa1, matching earlier cuts by Fitch and S&P, citing rising debt, projected to reach 134% of GDP by 2035, and a nearly 9% deficit.
Trump’s tax-cut plan cleared the House Rules Committee, but the DXY still trades lower near 99.50.
The key resistance is located at 1.1390, and the first support stands at 1.1260.
EURUSD - Potential Buy (Day Trading)Hi Traders,
How about we BUY CMCMARKETS:EURUSD !
Price Action Analysis:
4hr Chart: Price has been in a corrective phase since April 2025, which may have provided enough of a discount to attract buyers.
1hr Chart: I’m monitoring how price reacts following the buying pressure that emerged on May 13th, 2025.
Lower timeframe: Watching for the right timing to enter the trade.
Good Luck!
STUDY, STUDY, STUDY . Lorenzo Tarati :)
EURUSD time for correctionMonthly
On the monthly timeframe, we came to the Premium zone and captured Monthly Fractal High, where previously there was predominance from the sell side.
Weekly
Price has formed a Weekly FVG, indicating strong dominance from the buy side. However, it is important to understand WHERE this has led us ? The current quotes are interesting for sellers. Hence, we should assume that the price may receive a counter offer from the sell side. It is logical to assume potential points A and B in this context.
Daily
Price has formed primary signs of change in the price delivery state:
- Bullish PD Array disrespecting
- BISI forming
- CISD forming
All this indicates a shift of initiative to the selling side, so it is logical to expect a continuation of the downward movement after interaction with the marked PD Array.
Also, I would like to draw your attention to the fact that the price is within the Inside Bar for the 3rd day already. This means that recently the price has been held within the same values, which indicates a balance of power between buyers and sellers at the current quotes. In such a situation, all we have to do is to find the optimal area to continue the downward price formation.
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.
EURUSD broke the Resistance level 1.12590 👀Possible scenario:
The euro fell 1.31% against the US dollar on May 16, despite expectations that the ECB would maintain a hawkish policy stance due to persistent core inflation. ECB President Lagarde called the recent strengthening of the euro “counterintuitive but justified,” citing waning confidence in U.S. policy.
It's quiet on the macroeconomic front on May 19, but the Eurozone Consumer Price Index at 12:00 GMT could cause some movement. Traders should also keep an eye on news on US trade policy 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.
EURUSD: Target Is Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 1.11647 will confirm the new direction upwards with the target being the next key level of 1.11894 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURUSDH1, it made a nice down move of more than 100 pips and did a consolidation after pushing back to the upside
H4 is in a downtrend, but we need the price to create a new Lower High to keep dropping.
We have to wait for that confirmation
Weekly timeframe its very important trendline on the weekly timeframe we have to wait it for more information
Support & Resistance — Not Just Boxes, But Precise LevelsSupport and resistance are not just broad zones they’re specific price levels where the market reacts. Understanding this precision helps you make smarter entries and exits. Focus on the key levels that truly matter to spot better trade setups. Mastering this concept is essential for consistent trading success!