EURUSD_SPT trade ideas
EURUSD INTRADAY energy build up supported at 1.1240Trend Overview: The EUR/USD currency pair remains in a bullish trend, supported by a prevailing uptrend. The recent intraday price action suggests a sideways consolidation (coiling price action) possibly triggering a corrective pullback towards a newly formed support zone, previously a resistance level.
Key Levels to Watch:
Support Levels:
1.1240 – Previous resistance turned support, key level for potential bounce.
1.1144 – Secondary support level if 1.1240 fails.
1.1000 and 1.0890 – Stronger support in case of extended retracement.
Resistance Levels:
1.1475 – Initial resistance level on the upside.
1.1595 – Next target if bullish momentum continues.
1.1700 and 1.1830 – Long-term resistance and key breakout point.
Market Sentiment & Price Action: The recent corrective pullback aligns with normal market fluctuations within an uptrend. A bullish bounce from the 1.1240 support level could trigger an upside move, targeting the 1.1475 resistance level and potentially extending towards 1.1595 and 1.1700 – 1.1830 over a longer timeframe.
Alternatively, a confirmed loss of the 1.1240 support, accompanied by a daily close below this level, would weaken the bullish outlook. This could lead to further downside pressure, potentially testing the 1.1144 level, with an extended decline towards 1.1000 and 1.0890 if selling pressure intensifies.
Conclusion: The EUR/USD pair remains in a bullish structure as long as the 1.1240 support holds. A successful bounce from this level would reinforce the uptrend, targeting higher resistance zones. However, a decisive break below 1.1240 and a daily close under this level could shift sentiment bearish, leading to further downside retracement.
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.
The Day Ahead Tuesday, April 15 – Key Market Events
US Data:
Empire Manufacturing Index (April): Early read on factory activity.
Import and Export Prices (March): Trade-side inflation indicators.
UK Data:
Average Weekly Earnings (Feb)
Unemployment Rate (Feb)
Jobless Claims Change (March) Impact: Moves GBP based on labor market strength or weakness.
Germany & Eurozone:
ZEW Surveys (April): Investor sentiment on economy.
Germany Wholesale Price Index (March)
Eurozone Industrial Production (Feb) Watch EUR, especially if sentiment or output surprises.
Italy:
General Government Debt (Feb): Less market-moving unless sharply changes.
Canada:
Consumer Price Index (March): Key for CAD. Major inflation read.
Housing Starts, Existing Home Sales, Manufacturing Sales: Supportive data, secondary to CPI.
Central Bank Events:
Fed’s Bostic speaks: Watch for comments on rates or inflation.
ECB Bank Lending Survey: Shows credit conditions, potential ECB signal.
Earnings Reports:
Bank of America, Citigroup: Key for financial sector outlook.
Johnson & Johnson: Healthcare read.
Interactive Brokers: Trading activity snapshot.
United Airlines: Travel demand indicator.
Albertsons: Consumer and grocery sector trends.
What Traders Should Watch:
USDCAD: Canadian CPI is the main mover.
GBPUSD: UK jobs data could push sterling.
EURUSD: ZEW and industrial production could drive euro.
Equities: Bank earnings will impact risk sentiment.
Yields: Inflation data and central bank speak may shift rate expectations.
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 breakout holds: Is a bigger rally coming?EURUSD maintains its breakout and the chart suggests the price could head much higher. What are the next steps for traders looking to get involved in this bullish trend? What details should you pay attention to? Watch the video to find out.
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EURUSD 30M CHART PATTERNThis chart shows a BTC/USD 30-minute timeframe with a double/triple top pattern forming around the $85,900 level, marked with red arrows and a "STOP LOSS" label. The highlighted zones and annotations suggest a potential short trade setup. Here's a breakdown:
Resistance Zone (Top Red Box): Bitcoin has tested this level multiple times and failed to break higher, suggesting strong resistance.
Support Zone (Bottom Red Box): Price has bounced several times from this area, indicating demand/support.
Trade Idea:
Entry: Near the current level (~$85,600)
Stop Loss: Just above the resistance (~$85,900+)
Take Profit: Down near the support zone (~$83,300 or below)
The pattern indicates a bearish outlook if the resistance holds and price fails to make a new high. The repeated rejections signal a possible move down to the support.
Would you like help creating a trading plan or backtesting this pattern?
EURUSD – Re-Entry Setup (April 11)EURUSD – Re-Entry Setup (April 11)
Re-entered long position at 1.13512 following continued bullish structure and higher timeframe momentum.
🔹 Entry: 1.13512
🔹 Stop Loss: 1.12963
🔹 Target: 1.14734
Price respected the prior breakout zone and rotated back into alignment with upward momentum. Watching for a clean break through 1.14120 to confirm continuation toward target.
As always, for educational purposes only. Trade safe, trade smart.
EURUSD - Break out of triangle can lead to another rallyThe pair is trying to break out of a triangle which could lead to further gains in the short-term. If we take the projected target out of a triangle, the Euro could test 1.1550. On the downside, a break below the bottom trendline at 1.1295/75 would invalidate this scenario
"EUR/USD Bullish Flag Forming – Breakout Above 1.13500 in Focus"EUR/USD 1H Chart – Bullish Flag Breakout Setup
Price has formed a bullish consolidation after a strong impulse leg. I'm watching for a breakout above 1.13500 with confirmation to go long.
Entry: On breakout and retest above 1.13500
SL: Below 1.13200
TP: 1.14244
This aligns with my bullish bias as the 100 SMA is supporting price from below. Waiting for confirmation before entering.
EurUsd Trade IdeaI'm anticipating a sell on EU at 1.14165 or probably 1.14263.
First draw on Liquidity 🧲 is 1.12458
While I'm expecting the price to reach a monthly level of 1.11345 that just got broken to the upside, resting in an H4 Fvg to fill the the imbalance and continue to the upside.
Kindly boost if you find this insightful 🫴
EURUSD short-term fall to 1.09 is needed before more riseWe were looking for this pump and all targets hit:
now we are looking for range or even short-term fall here to the supports and again next phase of pump to the targets like 1.1700.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
"EUR/USD Bearish Setup – Supply Zone Sniper Entry🔵 Supply Zone (Resistance Area):
📍 Between 1.13755 – 1.14258
🚫 Expecting sellers to dominate here
🧱 Acts like a ceiling that price struggles to break
🔽 Sell Setup:
🎯 Entry Point: 1.13755
🔥 Stop Loss: 1.14258 (above zone — protection!)
💰 Target Point: 1.11611
📉 Expecting price to drop after entering this zone
📏 Risk vs Reward:
⚠️ Risk: ~50 pips
🏆 Reward: ~210 pips
✅ RR Ratio: ~1:4.2 (very favorable)
📊 EMA (7, close):
🟠 Current price is hovering around EMA
⏳ Suggests consolidation or a potential reversal soon
🔁 Scenario Plan:
1. 📈 Price moves into supply zone
2. 🚨 Triggers entry (Sell) at 1.13755
3. 🚀 If wrong, hits Stop Loss at 1.14258
4. ✅ If correct, drops to Take Profit at 1.11611
Summary:
✍️ Bearish outlook
🛑 Strong supply/resistance expected
📉 Good setup for a short position with low risk and high reward
A small opportunity for a small sell on lower timeframeHello,
The EURUSD pair has experienced a notable uptrend recently, catching the attention of the European Central Bank (ECB). On Friday, ECB President Christine Lagarde commented, "Despite global market volatility, euro zone financial markets are performing robustly. The ECB stands ready to utilize its tools to ensure financial stability if needed." This suggests that a stronger euro may pose challenges for the ECB at this time.
Technically, the EURUSD is forming an expanding triangle pattern and is currently trading near its upper trendline. While we anticipate continued pressure on the euro—partly due to the U.S. favoring a weaker dollar—there is potential for a minor correction on shorter timeframes. Below, we outline a potential trading opportunity based on this analysis.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Euro Rally Slows – Eyes on Rejection Zone🧠 Fundamental Analysis – Eurozone vs United States
The euro has rallied sharply in recent days, driven by relative stability in the Eurozone compared to growing macroeconomic uncertainty in the U.S. While the U.S. GDP slowed to 2.4% and inflation eased to 2.4%, Eurozone inflation remained stable at 2.2%, with a balanced trade surplus of €1.03B versus the U.S.’s $123B deficit. The European Central Bank has maintained a moderate interest rate of 2.65%, signaling flexibility, while the Fed holds at 4.5% but faces growing pressure to cut amid weakening consumer confidence (50.8) and rising unemployment (4.2%). In contrast, Eurozone unemployment just hit a record low of 6.1%, and business conditions are improving with both PMIs above 50. Capital flow is shifting as investors perceive the Eurozone as more stable, especially amid U.S. trade policy unpredictability and de-dollarization sentiment.
📈 Projection: If macro stability holds and ECB policy remains steady, the euro could continue attracting capital inflows, pushing EUR/USD higher.
⚠️ Risk Level: A sharp slowdown in Eurozone growth or surprise tightening from the Fed could reverse momentum quickly.
📊 Technical Analysis – EUR/USD (1H Chart)
EUR/USD is currently trading at 1.1346, just below the highlighted liquidity grab zone near 1.14500–1.15000, which aligns with a potential rejection area below the PWH (1.15200). A potential liquidity sweep above this resistance could trigger a reversal setup.
📈 Projection: If EUR/USD grabs liquidity above 1.14500 but fails to hold, price may drop toward TP1 (1.11300–1.11170) and even TP2 (1.09540 / PWL) if bearish momentum strengthens.
⚠️ Risk Level: A sustained breakout above 1.15200 (PWH) with volume would invalidate the reversal idea and signal continuation toward 1.1600+.
EUR /USD) resistance level rejected support level Read The ChaptSMC Trading point update
analysis of the EUR/USD currency pair on a 1-hour timeframe, and it presents a potential bearish setup. Here's a breakdown of the idea:
Key Elements:
Resistance Zone (around 1.14182):
The price is currently approaching a marked resistance area. The analysis suggests this could be a turning point where price may reverse.
Projected Movement (Black Arrows):
The chart predicts a double top formation or a rejection from the resistance level, followed by a strong move downward.
Target Point:
The drop is expected to reach the key support zone around 1.10942, aligning with a previous structure and a potential liquidity zone.
EMA 200 (around 1.10389):
Price remains well above the 200 EMA, suggesting the trend is still bullish overall, but the setup targets a potential correction or short-term reversal.
RSI Indicator (~60):
RSI is above 60 but not overbought yet. This supports the idea that there's room for one more push up into resistance before a drop.
Mr SMC Trading point
Summary of the Idea:
1. Watch for price reaction around 1.14182.
2. If there's a clear rejection or double top, a short position may be considered.
3. Target area is around 1.10942.
4. The setup assumes a corrective move in a broader bullish trend.
plase support boost 🚀 analysis follow)