EURUSD INTRADAY uptrend consolidation breakoutTrend Overview:
EUR/USD continues to exhibit a bullish price structure, supported by a rising trendline and higher lows. Recent intraday action reflects a corrective pullback, suggesting a temporary pause within the broader uptrend.
Key Technical Levels:
Support: 1.1300 (primary), followed by 1.1235 and 1.1180
Resistance: 1.1430 (initial), then 1.1470 and 1.1500
Technical Outlook:
A pullback toward 1.1300, which coincides with the previous consolidation zone, may present a bullish continuation setup. A confirmed bounce from this level could open the path toward 1.1430, with 1.1470 and 1.1500 as potential longer-term targets.
However, a daily close below 1.1300 would indicate a breakdown of near-term bullish momentum. This scenario would increase the likelihood of a deeper correction toward 1.1235, and possibly 1.1180.
Conclusion:
The outlook for EUR/USD remains constructively bullish, contingent on the 1.1300 support holding. A bounce from this level would reinforce the uptrend. Conversely, a decisive break below 1.1300 would shift the short-term bias to bearish, suggesting further downside toward the 1.1200 area.
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.
EURUSD_SPT trade ideas
EURUSD forming a LH swing turning pointThe EUR/USD is creating a lower high (LH) swing turning point before continuing it's upward move to 1.1600 where there is a strong order block.
What this means is that price might retrace down a little before going back up.
Note: Not a trading advice. Just my outlook.
ECB Signals More Action as Eurozone Outlook WaversECB Signals More Action as Eurozone Outlook Wavers
EUR/USD rebounded to near 1.1370 in Monday’s Asian session as the US Dollar weakened after legal shifts in tariff rulings. On Thursday, the US Court of Appeals backed Trump’s tariff policy, overturning Wednesday’s lower court decision that had declared his April 2 executive orders unlawful.
Trade tensions escalated as Trump announced plans to double tariffs on steel and aluminum imports to 50%. In response, the European Commission warned it would retaliate, despite both sides agreeing to accelerate talks after extending the EU tariff deadline to July 9.
Meanwhile, Eurozone economic concerns persist. ECB’s Klaas Knot cited inflation uncertainty, while François Villeroy de Galhau said policy normalization is likely not finished, suggesting more action ahead.
The key resistance is located at 1.1460 and the first support stands at 1.1300.
The Day Ahead Key Economic Data
United States
April Factory Orders: A modest increase would indicate steady demand in manufacturing, supporting a soft-landing narrative.
JOLTS Report: Elevated job openings may point to a tight labor market, reinforcing wage and inflation pressures, potentially influencing the Fed’s rate path.
May Total Vehicle Sales: A rebound would suggest resilient consumer demand and could support equities tied to autos and credit.
Global
China Caixin Manufacturing PMI (May): Fell to 48.3, signaling contraction. Weak manufacturing momentum due to renewed U.S. tariffs may pressure Asian markets and commodity demand.
Eurozone May CPI (Inflation): Core CPI rose to 2.9% year-on-year. Sticky inflation could keep the ECB cautious, reducing chances of near-term rate cuts.
Japan Monetary Base (May): Watching for signals on BOJ’s monetary support levels amid a weakening yen.
Other notable data: France April budget balance, Italy April unemployment rate, Eurozone April unemployment rate, and Switzerland May CPI—all of which could affect regional currencies and bond markets.
Central Bank Activity
Federal Reserve: Goolsbee, Cook, and Logan are speaking. Markets will watch for any hints on the Fed’s inflation outlook and the timing of potential rate cuts.
Bank of Japan: Governor Ueda indicated openness to rate hikes if inflation picks up again. This could strengthen the yen or raise Japanese bond yields.
Earnings to Watch
CrowdStrike (CRWD): Expected to show strong revenue growth (~20%), though a slowdown in annual recurring revenue (ARR) could raise concerns about sustainability.
Hewlett Packard Enterprise (HPE): Will shed light on corporate IT and cloud infrastructure spending trends.
Dollar General (DG): Will reflect consumer sentiment and spending patterns, especially in economically sensitive segments.
NIO Inc. (NIO): Earnings will focus on EV delivery volumes, pricing, and profitability amidst fierce competition in China.
Trading Implications
U.S. Dollar (USD): May strengthen if JOLTS data shows labor market tightness and Fed speakers lean hawkish.
Treasuries: Strong inflation or labor data could push yields higher, particularly at the front end of the curve.
Equities: Potential for volatility in tech and consumer sectors tied to earnings and vehicle sales figures.
Commodities: China’s weak PMI may weigh on oil and industrial metals.
Forex: Euro, yen, and Swiss franc likely to react to inflation data and central bank commentary.
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.
EURUSD - Swing Short Potential OpportunityEURUSD may potentially retest the previous high and trade between fib extension levels 38.2% and then range potentially in that level before pushing higher to the 61.8% extension level retesting and breaking out for a liquidity grab and stop hunt for retails before pushing back down trending back to the mean and retesting previous floor. The 1.1550 & 1.1650 are key historic levels where there has been lots of EURUSD previous action. Expect price to bounce around these areas and trap longs what I think has a high probability of happening per my prediction.
Tips on Counting Waves: Keep It Simple🔍 The Foundation: Motive vs. Corrective Waves
Every price move can be classified into one of two types:
Motive waves (which move in the direction of the trend)
Corrective waves (which move against it)
From there, we break it down into five core patterns:
Impulse
Ending Diagonal
Zigzag
Flat
Triangle
Each has its own rules and guidelines—but don't get overwhelmed. You don’t need to memorize everything before getting started.
🛠️ Chart Labeling Tips for Beginners
When you're looking at a new price chart (especially a forex chart), here are some practical steps to follow:
Start from an extreme — either a major high or low. That gives you the cleanest structure.
Look for clarity — big, strong moves are usually motive waves. Choppy sideways moves are usually corrections.
Use higher timeframes — if you’re planning to hold long-term, weekly or monthly charts in log scale are most helpful.
Avoid complexity at first — don’t start by labeling patterns like expanding diagonals or triple zigzags. Stick with the basics: 5’s and 3’s.
Remember wave tendencies — Wave 3 is usually the strongest and longest wave in a motive structure. In commodities, though, Wave 5 is more commonly extended.
Look for Wave 3 as a clue — One of the biggest clues when trying to figure out where you are in the Elliott Wave structure is to find Wave 3. It typically has a strong, impulsive character and stands out clearly on the chart. Once you’ve spotted Wave 3, it becomes much easier to build the rest of the count around it.
⚠️ Don’t Force the Count
If the structure isn't clear, don’t try to label it anyway just for the sake of having a count. Trading when the chart is unclear is like driving 100 km/h in heavy fog.
💡 If you can’t count it, don’t trade it.
When you do spot a clean 5-wave move, it often implies that a correction will follow—usually into the area of the previous 4th wave. That’s a high-probability area to watch for setups.
Here’s an example of a clean 5-wave move up. You can clearly see:
Wave 1: Initial surge
Wave 2: Pullback
Wave 3: Strongest move (often extended)
Wave 4: Sideways correction
Wave 5: Final push
🤯 Avoid the “Alice in Wonderland” Trap
Don’t fall down the rabbit hole of switching between timeframes endlessly:
Weekly → Daily → 1H → 15m → 5m → 1m... and still confused.
Take a step back. Zoom out. Look at the shape, the rhythm. The story becomes clearer.
🧩 Patterns Are Probabilities, Not Predictions
Just because a pattern could be something complex doesn’t mean it should be labeled that way. Always ask:
Is it probable, or just possible?
Occam’s Razor applies here: the simplest explanation is usually the best one.
🔺 Reminder About Triangles
If you see sideways, contracting price action near the end of a move, chances are it’s a triangle.
Triangles precede the final wave in a sequence.
Don’t try to get clever and label skewed or complex variations unless you have strong confirmation.
🧠 Final Takeaways
Keep it simple: start with 5s and 3s.
Focus on clear impulse and correction structures.
Don’t trade what you can’t confidently label.
Wave 3 is your guidepost—if you can spot it, the rest often falls into place.
Complexity comes with experience—but you don’t need it to trade effectively.
Euro Eyes Bullish Breakout Amid ECB Policy UncertaintyTargets:
- T1 = $1.1500
- T2 = $1.1650
Stop Levels:
- S1 = $1.1200
- S2 = $1.1100
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Euro.
**Key Insights:**
The Euro is currently positioned at a pivotal technical level, with the possibility of a bullish breakout brewing. The European Central Bank (ECB)'s looming policy decisions add a layer of unpredictability, but the overall sentiment points to optimism. Robust economic performance in Germany — driven by improving industrial production and resilient consumer demand — provides a strong fundamental backdrop, while cooling inflationary data from Spain and France bolster investor confidence. On the technical front, key resistance levels are being tested with upward momentum, signaling potential upside in the weeks ahead.
**Recent Performance:**
The pair has demonstrated strong resilience above the $1.13 level amidst last week’s fluctuating global macroeconomic environment. Notable strength in European equity indices, such as a +0.81% rise in the STOXX 600, has also provided an indirect boost to the Euro’s valuation. This bullish sentiment is further supported by diminishing uncertainty around the U.S. debt ceiling resolution, which reduces safe-haven demand for the dollar.
**Expert Analysis:**
Technical analysts emphasize the bullish continuation pattern visible on daily charts, with RSI improving and MACD trending upwards. A break above $1.14 could solidify the bullish trend, paving the way for the Euro to challenge the $1.15 and $1.165 resistance levels. Additionally, economists speculate that the ECB may hold rates steady or offer a modest increase during its next policy meeting, creating a recipe for Euro appreciation against the U.S. Dollar in tandem with dovish Fed expectations.
**News Impact:**
Upcoming ECB discussions remain a core short-term driver for EUR/USD movements. The potential for dovish commentary may create initial volatility, although market participants seem to be pricing in a steady view on rates in the near term. Additionally, the recent announcement of increased European clean energy investments — coupled with surging demand across green initiatives — is expected to add to the Euro’s strength by bolstering cross-border capital inflows.
**Trading Recommendation:**
Given the bullish technical setup, strong fundamental backdrop, and macroeconomic drivers supporting the Euro, traders should consider a long position. The current price action suggests an attractive entry point, with upside potential extending towards $1.15 and $1.165. Employing the recommended stop-loss levels at $1.12 and $1.11 will ensure risk management is effectively balanced in case of market reversals.
POST NEWS TRADING (EUR USD) - MAY 2025this is the back test result of post news trading of may 2025
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strategy summary: after high impact news (find at economic calendar) we wait for first 15 min candle to be closed then we put buy stop and sell stop at high and low of the candle . one order cancels other as soon as one is hit.
sl would be one hour atr and tp 1.5 times that,
exceptions: we don't trade if there is another news within an hour ...
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cautions : although there is a promising result but its not the holy grail and it can have different out comes based on the pair and the month , every month the market can change and show different attitude ..
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📊 Statistical Summary:
Number of trades: 12
Winning trades: 9
Losing trades: 3
Win rate: 75%
Total pips:
246 pips
Average pips per trade:
20.5 pips
Max gain: 60 pips
Max loss: -18 pips
Bulls are strong and may continue to push the market into a bullPrimary Bullish Scenario (Red Arrow Path 1):
Price retraces slightly.
Finds support around the current zone or slightly lower (1.139–1.140).
Then resumes upward movement, targeting above 1.14566.
2. Alternative Bullish Scenario (Red Arrow Path 2):
Deeper retracement toward the yellow demand zone (~1.13700).
Strong bullish bounce expected from there.
Suggests liquidity grab before continuation.
Market next move 🔻 Disruptive Bearish Analysis:
🧱 1. Failed Breakout Attempt
Price is hovering at resistance but showing indecisive candles (small bodies, wicks on both sides).
This hints at buyer exhaustion rather than breakout momentum.
📉 2. Bearish Divergence (Possible)
If momentum indicators (e.g., RSI or MACD—not shown here) are diverging from price, it could signal a reversal.
Price rising while momentum flattens or drops suggests a fakeout is likely.
🕳️ 3. Liquidity Grab Trap
The chart may show a classic “bull trap”:
Price broke resistance briefly but quickly fell back.
This signals institutional liquidity grab, possibly before a downward push.
🔽 4. Volume Imbalance
The spike in volume earlier may be followed by decreasing bullish volume, indicating weak follow-through.
Sellers could take over if bulls can’t sustain pressure.
EURUSD IDEAHere the price has shown upward momentum but there is the strong supply zone UP and also demand zone below from where we look for confirmation entry .
at the moment the price is at sell area which is probably in higher risk then the provided area of our iterest.
please follow and subscibe to support me .
EUR/USD Multi-Timeframe AnalysisAs we start a new trading week, let’s take a look at EUR/USD across multiple timeframes.
Weekly
EUR/USD has broken above a major resistance zone defined by the highs from both 2023 and 2024.
That area was retested and has now held, with price starting to build above it. The RSI is climbing
steadily and remains below overbought territory, suggesting there’s scope for further progress.
Importantly, price action is also holding above the 200-week moving average, which adds weight to
the bullish structure developing at the higher timeframe.
EUR/USD Weekly Candle Chart
Past performance is not a reliable indicator of future results
Daily
On the daily chart we can see the breakout and retest in more detail. The 50-day moving average
has provided dynamic support, helping to establish a recent swing low as part of the retest. Since
then, EUR/USD has pushed higher, respecting an ascending trendline that has now been tested
multiple times. As long as price continues to respect that trendline and the 50-day average, the near-
term bias remains to the upside.
EUR/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
4hr
The four-hour chart helps assess how short-term momentum is developing. Price remains above the
VWAP anchored to the May lows, with the 9 EMA also above the 21 EMA, showing that short-term
trend and momentum are aligned. Price is now pushing towards a break above last week’s swing
highs, and at this stage, there’s no clear sign of bearish divergence or slowdown.
EUR/USD Four-Hour Candle Chart
Past performance is not a reliable indicator of future results
1hr
The hourly chart gives us a closer look at recent action and can be useful for shaping entries. With
the same indicators in place, we can see that price has now broken and closed above last week’s
swing highs. That breakout, combined with the rising EMAs and supportive VWAP positioning,
suggests that short-term momentum continues to favour the bulls.
EUR/USD Hourly Candle Chart
Past performance is not a reliable indicator of future results
Summary:
Across all timeframes, EUR/USD is showing a consistent bullish structure. The weekly and daily
charts confirm that the breakout above last year’s highs has held and is now building. On the four-
hour and hourly timeframes, short-term momentum indicators remain supportive, and price is
already pressing into new ground above last week’s highs. As things stand, the trend remains intact,
with no signs yet of reversal or fatigue.
Disclaimer: This is for information and learning purposes only. The information provided does not
constitute investment advice nor take into account the individual financial circumstances or
objectives of any investor. Any information that may be provided relating to past performance is not
a reliable indicator of future results or performance. Social media channels are not relevant for UK
residents.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly
due to leverage. 85.24% of retail investor accounts lose money when trading spread bets and
CFDs with this provider. You should consider whether you understand how spread bets and CFDs
work and whether you can afford to take the high risk of losing your money.
EUR/USD – Bullish Breakout Setting Up? | H1 Analysis by WaverVan🔍 Technical Outlook
The Euro is showing signs of bullish continuation following a clean reclaim of the equilibrium zone (1.13226), backed by strong volume and impulsive structure. We’ve now entered a high-probability decision zone just beneath a Premium Supply Block (1.1375–1.1400).
📌 Key Technical Confluences
🔺 Fair Value Gap (FVG) Filled with price pushing into premium
📉 Previous Break of Structure (BoS) followed by a Change of Character (CHoCH) confirms bullish intent
🌀 Fib Cluster (0.786 - 1.0) rejection turned into support
📈 Volume Surge on bullish engulfing confirms strong interest at 1.1260–1.1320 (Discount Zone)
🧠 Smart Money likely targeting Liquidity above Weak High @ 1.14329
📐 Target Zones
🎯 Short-Term TP1: 1.14329 (Liquidity above weak high)
🎯 TP2: 1.15009 (1.618 Fib Extension)
🛑 Invalidation: Break below 1.13226 equilibrium structure
🧮 Probabilities
📊 Bullish Continuation: ~68% based on confluences and volume thrust
📉 Rejection at Premium Zone (1.1400–1.1430): ~32% if DXY strengthens or macro reverses
🌐 Macro Context
ECB remains relatively dovish while USD shows temporary weakness
Market pricing mild Fed easing later in the year, creating tailwinds for EUR
Watch Friday's NFP for volatility risk
📢 Trader Guidance
⚠️ If price retests 1.1355–1.1370 and holds, aggressive longs targeting 1.1432+ are justified.
📉 Protect against reversal near 1.1400–1.1430 zone.
📆 Swing traders: Consider trailing stop once 1.14329 is tagged.
📍Posted by WaverVanir International LLC
Pushing financial insight through technical intelligence
#EURUSD #Forex #SmartMoney #SMC #Fibonacci #VolumeProfile #WaverVanir #TradingStrategy #LiquidityZones #Breakout
EURUSAD 4hr Chart Analaysis If EUR/USD breaks above the 1.14218 level, the next bullish target would be 1.16710.
This level marks a potential continuation of the uptrend, suggesting strong bullish momentum. A clean breakout above 1.14218 would likely confirm buyer dominance, possibly driven by improving eurozone fundamentals or broad USD weakness. The 1.16710 zone could act as a medium-term resistance level, aligning with historical price action and potential Fibonacci extensions.
Traders should monitor price behavior closely near 1.14218 for confirmation of a breakout, such as high volume and sustained closes above the level.
EURUSD – Monday, June 2, 2025Current Outlook:
• Price is climbing slowly back toward our 1.14149 safe buy zone
• The secondary bullish structure is still holding cleanly
• No invalidations — bias remains bullish
📍 Buy Zones:
✅ HRHR Buys: Triggered at 1.12372
🔜 Safe Buys: Above 1.14149
🛡️ Safest Buys: Break and close above 1.16020
⚠️ Structure Notes:
We’ve respected both bullish trendlines so far
Daily candle formation is constructive — watching for a clean daily or 4H close near 1.14149 to trigger safe buys
🎯 Targets:
Intraday: 1.1500 zone
Swing: 1.16020 and beyond