EURUSD_SPT trade ideas
USD remains weak across the board. EUR, GBP & JPY Bullish.Not much action due to the extended market break and Easter weekend but I expect more USD selling across the board in the coming weeks ahead.
Long positions are sitting tight but two areas I am keeping an eye on are 1.1200 as a base support and 1.1500 as the resistance hurdle we need to clear in order to open up the gates to 1.2000+
GBP/USD is still a bullish case for me as the short term resistance may be cracking and I'm still expecting for the JPY to advance against the USD.
It's good to get a break from the market volatility but I surely expect it to resume in the coming week!
Good Luck & Trade Safe!
EUR/USD Daily Chart Analysis For Week of April 18, 2025Technical Analysis and Outlook:
During the current trading session, the Euro has demonstrated a successful pullback to the anticipated support level of 1.128, from which upward momentum has emerged. Consequently, the currency is positioned to retest the previously completed Outer Currency Rally level of 1.142, potentially advancing towards the subsequent target marked next Outer Currency Rally at 1.159. However, it is essential to recognize that there is a possibility of downward momentum re-emerging should the Euro challenge the completed resistance at 1.142 or the forthcoming target of 1.159.
Bullish Pennant on EUR/USD @ D1A bullish pennant has formed on the daily chart of EUR/USD. It can be used for an upside breakout setup. The pennant and its pole are shown with the yellow lines. My potential stop-loss level is marked with the red line (1.12662), it is placed at the low of the pennant area. My potential take-profit level is marked with the green line (1.17921), it is placed at the pole's length above the stop-loss. I will wait for a significant close above the pennant's border to consider trading this breakout.
EURUSDThe EUR/USD pair is poised for volatility in 2025 as monetary policy divergence between the European Central Bank (ECB) and the Federal Reserve (Fed) shapes directional bias. Here's an analysis of key factors:
ECB Policy Impact
Recent Rate Cut: The ECB lowered key rates by 25 bps on April 17, 2025, reducing the deposit facility rate to 2.25%. This dovish move reflects confidence in disinflation progress, with headline and core inflation nearing the 2% target.
Future Guidance: The ECB emphasized a data-dependent approach, signaling flexibility amid trade tensions and economic uncertainty. Further easing may be limited if inflation stabilizes, but prolonged weakness in Eurozone growth could prompt additional cuts.
Fed Policy Stance
Rate Hold: Fed officials, including Cleveland President Beth Hammack, advocate maintaining current rates (4.25–4.50%) due to mixed economic data and tariff-induced uncertainty. The Fed’s cautious stance prioritizes combating inflation over preemptive cuts.
Divergence Risk: A widening policy gap favors USD strength if the ECB continues cutting while the Fed holds. J.P. Morgan highlights this dynamic, projecting EUR/USD downside if the ECB outpaces Fed easing.
Market Projections
Bullish Scenarios: we are predicting a 2025 high of 1.238, driven by EUR resilience and Fed rate cut expectations later in the year. Technical analysis notes critical resistance at 1.125 is broken and the breakout will potentially accelerates more gains hoping to change 1.238 next supply zone .
Bearish Risks: EUR/USD declining to 1.0741 by year-end,could be medium-term corrections amidst USD dominance on tighter Fed policy.
Key Drivers to Watch
Inflation Trends: Sustained Eurozone disinflation vs. sticky US inflation.
Growth Data: Eurozone PMI improvements vs. US labor market and GDP metrics.
Trade Policies: Escalating tariffs may tighten financial conditions, influencing Fed/ECB reactions.
Short-Term Outlook
Q2–Q3 2025: Immediate EUR weakness likely post-ECB cut, with support at 1.0753 (200-day SMA). A Fed hold in May-June could extend USD gains.
Q4 2025: Potential EUR recovery if Fed begins cutting rates, with targets at 1.1800–1.2143.
In summary, EUR/USD faces bearish pressure near-term but may rebound in late 2025 if policy divergence narrows.
Traders should monitor ECB/Fed communications and economic resilience in both regions.
EURUSD: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 1.13895 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
EURUSD: Weak Market & Bearish Continuation
Looking at the chart of EURUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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EUROUSD bullish trendPrice is nearing the end of wave 4 of 3, targeting 1.1200 (see chart).A break below 1.0730 would invalidate this count. Watching for signs of a fifth wave push after this consolidation. Potential for an extended wave 5 but taking profit at the 1.1200 target remains prudent. Risk management is key.
EURUSD Is Going Down! Sell!
Here is our detailed technical review for EURUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.136.
The above observations make me that the market will inevitably achieve 1.127 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD(20250418) Today's AnalysisMarket news:
The European Central Bank cut interest rates by 25 basis points as expected, the seventh rate cut in the past year, and this decision was unanimous.
Technical analysis:
Today's buying and selling boundaries:
1.1367
Support and resistance levels:
1.1440
1.1413
1.1395
1.1339
1.1321
1.1294
Trading strategy:
If it rises and breaks through 1.1395, consider buying, the first target price is 1.1413
If it falls and breaks through 1.1367, consider selling, the first target price is 1.1339
EURUSD Holds Below 3-Year HighsAs the U.S. dollar lingers near 3-year lows, the euro is testing 3-year highs—holding critical resistance zone at 1.1520.
This level marks a pivotal point, further challenging the broader downtrend that has shaped the EUR/USD chart since 2008.
A confirmed breakout above 1.1520 could open the door to further upside toward 1.17 and 1.20, revisiting the highs last seen in 2021.
Should the euro fail to break higher and begin to retreat, key support levels to watch include 1.1270, 1.1140, 1.1000, and 1.0920.
A potential pullback may be amplified if overbought momentum begins to fade—particularly as the current 3-day RSI levels echo those last observed in 2020.
Written by Razan Hilal, CMT
EUR/USD 1-Hour Breakout Trade SetupTrade Overview
I'm sharing a breakout trading opportunity on the EUR/USD pair on a 1-hour timeframe, currently priced at 1.13698. This setup targets a potential breakout from a descending channel, offering a clear risk-reward scenario.
Chart Analysi
Descending Channel: The price is approaching the upper boundary of a descending channel, marked by a blue trendline. This suggests a possible breakout or reversal.
Resistance Zone: A key resistance is identified around 1.13714 (purple horizontal band), where the price recently faced rejection.
Support Zone: Support lies near 1.13680 (lower purple band), serving as a potential stop-loss or entry adjustment level.
Breakout Plan: If the price breaks above 1.13714, I plan to add 0.3 lots ("Add 0.3 L near"), adjusting the stop-loss to this level ("SL to new Position") to lock in profits.
This is a breakout trade with a focus on risk management. I'll enter on a confirmed break above 1.13714, scaling in with 0.3 lots, and trail the stop-loss to the entry level. The setup leverages the channel's upper boundary for a high-probability move, with the SMA providing additional confluence.
Risk Management
Initial SL: 1.13680 (below support).
Adjusted SL: 1.13714 (post-breakout).
Target: Dependent on channel breakout strength, aiming for the next resistance or a 1:2 risk-reward ratio.
Let’s see how this plays out—feel free to share your thoughts or follow along!
EURUSD-SELL strategy 2D chart GANNThe pair is overextended and strategically we should correct back towards 1.1037 at a minimum. the support is 1.0850 area, but think we will not see this so soon.
Strategy SELL@ 1.1350-1.1410 and take profit near 1.1047 for now.
note: keep leverage reasonable for averaging purposes.
EURUSD (2W) | TECHNICAL ANALYSISChart Date: April 17, 2025 | Timeframe: 2-Week | Pair: EUR/USD
KEY LEVELS (RESISTANCE & SUPPORT)
Pivot High (Stop-Loss): 1.14950
Resistance (Major): 1.14154
Support I (Proximal): 1.05166
Support I (Distal): 1.04072
Support (Proximal): 0.98605
Support (Major): 0.97500
Support (Distal): 0.95936
CURVE ANALYSIS 🧾
Sell Order: 1.13982 → 1.12022
Sell TP 1: 1.08291
Sell TP 2 (Mid Pivot): 1.05155
Sell TP 3: 1.02846
Sell TP 4: 0.99278
Buy Order: 0.98421 → 0.96340
Pivot Low (Stop-Loss): 0.95360
TRADE OUTLOOK 📉 (SHORT BIAS)
Price is deep within a 2W hidden institutional supply zone
Multiple pivot highs intersect resistance at 1.13982 and 1.14950
DOWNWARD TREND confirmed ✔️
If price fails to close above 1.14950, short setups are favored with confidence
High RRR opportunity present on rejections below 1.13982 or 1.12022
Targets: 1.08291, 1.05155, 1.02846, 0.99278
ENTRY PLAN 🧠 | TRADE IDEA
Wait for bearish engulfing or strong rejection below 1.13982
Place entry below 1.12022 with SL above 1.14950
Scale out at 1.08291 (TP1), then trail toward TP4
RISK MANAGEMENT 🎯
Sell SL: 1.14950
Buy SL: 0.95360
Use ATR to confirm volatility threshold before entry
Session bias: Use London/NY overlap for execution
SUMMARY: SHORT SETUP INSTITUTIONAL ZONE 📉
If 0.64086 (hidden institutional supply) holds, and price does not close above 1.14950, we are in a prime high-probability reversal zone. This sets up a powerful bearish swing opportunity targeting 4 support layers, anchored by institutional demand between 0.97500 - 0.95360.
💡 "Discipline | Consistency | PAY -tience"
Custom Indicator in Action - EUR/USD 1H Setup’ve taken a trade on EUR/USD based on a signal from my custom indicator (designed and fine-tuned by yours truly). The setup is built on the 1-hour timeframe with a 1:1 risk-to-reward ratio.
The trade aligns with a short-term support level and is in confluence with the recent movement of the DXY (Dollar Index), which adds extra weight to the idea. No higher timeframes were involved in this entry — it's a clean 1H play based on structure and indicator confirmation.
Let’s see how it plays out. I'll keep you updated!