EURUSD is in a Downside Direction After a Triangle Pattern BreakHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD_SPT trade ideas
Short Position on EURUSD 4H – 16th May 2025 AnalysisTrading Idea: Short Position on EURUSD 4H– 16th May 2025 Analysis
This chart illustrates a short position on EURUSD, in 4hour Time Frame near Resistance 1 with clear Stop loss above this zone. Because this is the potential place for reversal as well.
Overall, the market structure is bearish. However, it has reached the Fibonacci Retracement Level of 0.71, from the recent major breakout Swing and it too support. This is the time to check whether Resistance 1 will be taken out and market will turn bullish or if it fails at resistance 1 and continues the downtrend towards the target and then to key support area.
Analysis:
• Market Structure: The overall market structure is Bearish. However, previously, there was a good breakout from 8th April 2025.
• Fibonacci Level: Market Retraced to 0.71 of Fibonacci retracement level from 8th April Swing to recent Swing High.
• Trend Change: Might occur, if it can break above Resistance 1and sustains, then we can aim at breaking the other resistances and reaching the Target Area, i.e. recent Swing High.
Trade plan:
• Entry: Near 1.2553
• Stop Loss: 1.2935
• Take Profit: Around 1.1098
• Risk-Reward: 1:4
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
My thoughts on EUR/USDSince January 31st, EUR/USD had been in a bullish trend--a bullish channel in the 4H and 1D. I knew we were about to break out of this bullish trend. I had been anticipating a very strong reversal for a while, given we recently retested the top of another stronger Trendline. A much more reliable channel. the channel I speak of is the 3M, 1M and 1W timeframe channels, they are bearish. We once again hit the resistance of this monthly channel, while, at the same time being in a bullish trend in the 4H and 1D timeframes. So obviously I presumed the 4H bullish trend would end and reverse-which it has and did. This monthly bearish channel has been active for 14-17 years and has perfectly retested the support and resistances numerous times--making it a valid A+ setup in my book. To further this, on the 4H-1D timeframes, while we were still inside this 4H bullish channel, we saw a perfect Head and Shoulders pattern and quickly got our confirmation when it crossed the neckline. All of this indicates we will see strong selling pressure very soon.
So, where are we headed exactly? Well we know that we have FVGs and strong Supports. key areas for TPs are 1.09, 1.06, and on the monthly as low as 0.82.
If you guys have any questions feel free to ask. And share your thoughts and opinions on EUR/USD--thanks :)
Example Short Orders
SL 1.137
Limit order 1.255
TP1 1.09
TP2 1.06
TP3 1.02
TP4 0.82
(Maybe i am wrong, but if I am it will be the first time in 17 years for EUR/USD.. I like the odds)
OANDA:EURUSD
EURUSD – Sell Into Resistance ZoneExpires: 15/05/2025 06:00
Trade Idea
Type: Sell Limit
Entry: 1.1250
Stop Loss: 1.1310
Target: 1.1035
Duration: Intraday
Technical Overview
EURUSD is showing signs of indecision after posting mild net gains in an Inside Day pattern.
The current price action sits between bespoke resistance at 1.1250 and support at 1.1035, suggesting a defined range environment.
Price action in Asia showed some strength, but the broader setup favors selling into rallies toward resistance.
Market Sentiment
Sentiment skewed bearish (68% confidence) despite recent gains.
Expected mixed and volatile price action with no clear breakout above resistance zones, indicating exhaustion near recent highs.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD Potential Shorts - Technical Outlook 15 May 2025Since the beginning of May, 2025, the EURUSD pair has been bearish
Technical Analysis:
The pair is approaching a significant resistance/demand zone near 1.12430.
The level at 1.11755 is a LTF support zone that could hold short term.
The daily chart is finding resistance on the 25 EMA and the 1H is trading below the 200 EMA suggesting continued bearish price movement.
Wyckoff Method Perspective:
Distribution Phase: The recent price action suggests a possible re-distribution phase.
Spring Test: We haven't seen this happen yet however signs indicate a potential spring could happen with the evident liquidity pool and supply feed.
Fundamental Factors:
The U.S. dollar has been weakening recently due to:
Trade Tariffs and Tensions: New tariffs on Canadian, Mexican, and Chinese goods have disrupted trade, reducing demand for the dollar.
Inflation Fears: Uncertainty about inflation has eroded confidence in the dollar's value.
Federal Reserve Policy: Expectations of looser monetary policy or slower tightening have pressured the dollar.
De-dollarization Trends: Some countries are reducing reliance on the dollar, favoring other currencies or gold-backed alternatives.
Economic Slowdown Signals: Data suggesting a slowing U.S. economy, partly due to tariff impacts, has weakened investor confidence.
Trade Deficit: A growing U.S. trade deficit, now significantly larger, has further strained the dollar.
These factors have combined to drive a sharp decline, with the dollar hitting its worst month in years.
Conclusion:
I will be looking to short EURUSD until the trend reverses. Possible long term shorts may be on the horizon.
HelenP. I Euro may break resistance level and rise to trend lineHi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a long period of slow decline, finally showing early signs of potential reversal. The price has been moving inside a falling wedge pattern, consistently testing lower highs and lower lows. But now, after touching the lower boundary of the structure and reacting near the 1.1200 zone, buyers have stepped in with notable strength. This level aligns not only with the wedge’s base but also with a previous support zone, which adds weight to the current move. The first reaction was sharp, the price rebounded confidently, and started forming higher local lows. That suggests the bearish momentum is weakening, while the structure itself points toward a possible breakout. If the Euro continues to build this upward momentum, it could break through the 1.1285 - 1.1300 resistance zone, which has already acted as a ceiling multiple times. That zone now becomes the key pivot for the next phase of the movement. Given the wedge structure, price behavior near support, and the current momentum, I expect EURUSD may reach the trend line, breaking the resistance level, and continue to grow to the trend line. That's why I set my goal at 1.1320 points, which coincides with the trend line. If you like my analytics you may support me with your like/comment ❤️
Could the Fiber bounce from here?The price is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.1137
1st Support: 1.1077
1st Resistance: 1.1241
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURO - Price can continue to decline in falling channelHi guys, this is my overview for EURO, feel free to check it and write your feedback in comments👊
Not long ago, price entered to pennant, where it at once made an impulse up and broke $1.0820 level.
Then price rose to resistance line of a pennant and then corrected to support area, where it later reached the support line.
Next, Euro made an upward impulse, thereby exiting from the pennant pattern and breaking $1.0820 level again.
Price made a small correction and then rose higher than $1.1270 level, breaking it, but later started fall in falling channel.
In channel, Euro broke $1.1270 level one more time and fell to support line, after which rose almost to this level.
Now, I expect that price can rise to the resistance line and then continue to fall in a falling channel to $1.0960
If this post is useful to you, you can support me with like/boost and advice in comments❤️
EURO - Price can break support level and continue to fallHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few moments ago price traded near $1.0835 level and then it made strong upward impulse, breaking this level.
Then it continued to move up inside an upward pennant, where it reached the next support level, which broke soon too.
After this movement, it reached the resistance line of the pennant and then corrected the support line.
Euro tried to grow more, but failed and started to decline inside falling channel, exiting from pennant pattern.
In falling channel, price declined to $1.1200 support level and then turn around and start to move up.
I think that Euro can grow a little and then fall to $1.1065 support line of channel, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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!🤞
Euro H4 | Overlap resistance at 38.2% Fibonacci retracementThe Euro (EUR/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.1263 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 1.1395 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance.
Take profit is at 1.1081 which is an overlap support that aligns close the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
05/15/2025 EUR/USD - Bullish to 1.1230We begin with high time frame analysis on the daily chart to understand the market context and holistic situation of EUR/USD.
As we can see, price is in an obvious uptrend with two touch points, price recently touching the SMA 50, bouncing off that moving average which is acting as a dynamic support level. Furthermore, the SMA 50 and 200 have recently crossed with the 50 moving above the 200, signaling a possible uptrend. From the image we can also see that we have a resistance level that has been touched twice in the past 8 months before beginning a significant downtrend.
Moving down into the 4 hour chart we can see that price is forming a recent downtrend with successive lower highs. Eventually, price broke below that key resistance level we mentioned earlier, on high volume. Expanding further, this break resulted in price crossing the SMA 200, an event that hasn't occured in the last 67 days. The retracement of this break failed to penetrate above the SMA 50 from the downside, maintaining in line with the trendline drawn on the chart, forming a new lower high. Furthermore, the SMA 50 is just now touching the SMA 200, crossing below it, signaling a possible downtrend.
Drilling down further into the 1 hour chart, we're able to identify a short term downward channel that price trades within. This channel is then broken on heavy volume, as indicated by a large red exhaustion candle, signaling selling pressure has evaporated in one big burst. Price then returns into the channel, with new buying interest pushing price out of the channel on the upside. The SMA 200 acts as a dynamic resistance zone and rejects price, pushing it further down. Price finds support at the support/resistance level that we identified on the daily chart. The breaking of this level was not broken on high volume, signaling market disinterest, rather than active selling.
At this point, price is likely to trade within a channel, with the first big rally ending in an exhaustion candle, in which price quickly returned to the channel. Price will eventually continue this consolidation until touching the trendline that was drawn on the daily, while the SMA 200 continues to become lower and get closer to price. At some point a breakout will occur, but I believe consolidation will hold for some time before then. Therefore for the purposes of right now, I would say this pair is bullish, but I would not take trades now. Instead, I would wait until price reaches either end of the channel and then assess from there.
Bearish AB=CD - Sell at Current Price!FX:EURUSD has broken its bullish support and formed a bearish AB=CD pattern. AB=CD is a bearish continuation pattern which aligns with the overall price action.
I am shorting EURUSD at current market price and expecting retracement until Point D to complete the pattern!
EurUsd…Daily FVG fill.Good day traders, I’m back with another setup but this setup is based on the GBPUSD setup I posted yesterday…go and look at it, to get the ideological.
To be honest I don’t think the drop in price to start the week was unexpected because of the strength shown last week on the DXY and on the idea I posted on GBpUSD I highlighted that last week XXX/USD pairs did not perform as the USD/XXX pairs. Which explains why we open with a bearish move lower and now I believe price is gonna do as I expected it on GBPUSD before taking liquidity but strength was too strong.
EurUsd on this respective TF we can see that it has been on a downward movement, and if we take a look at that healthy bearish leg. Price has left imbalances but the most visible one is the volume imbalance that I have shown you on the chart. For the rest of the day should price closer above the VI than I believe we can expect it to move higher till Thursday before DXY continues moving higher.