Heading into 61.8% Fibonacci resistance?The Fiber (EUR/USD) is rising towards the pivot and could reverse to the 1st support which has been identified as a pullback support.
Pivot: 1.1024
1st Support: 1.0939
1st Resistance: 1.1089
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EURUSD_TOM trade ideas
EUR/USD keen to go LONG.1/ The last quarter of 2022 printed an Engulfing Bull Candle before price went into a 28 month Range.
2/ The Range Low has recently been 'swept' by January 2025's low, while at the same time respecting the afore mentioned '22 final quarter 50% level and breaking out of the (almost 20 year old) decending Channel.
3/ I believe price is about to Break Out Long from the 2 year Range and target the quartly Fair Value Gap at 1.3 - 1.35.
EURUSD - Trade The Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURUSD has been bearish trading within the falling wedge pattern marked in red.
Currently, EURUSD is retesting the upper bound of the wedge.
Moreover, the $1.12 is a strong weekly supply zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and supply.
📚 As per my trading style:
As #EURUSD is hovering around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/USD Long Setup - Update +318 Pips with 29:1 R/RDescription:
This EUR/USD long position is now up +318 pips since entry and publication a few days ago, running beautifully with a current Risk/Reward Ratio of 29.89.
This trade was executed on the April 7 breakout and additional entries were entered at the retest of the entry zone — a structure we highlighted in advance as a potential launchpad. After forming a clean bullish rejection off that area, price accelerated with strong momentum and is now trading around 1.12386, on track toward our key target zone at 1.21155.
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Technical Setup Recap:
- Entry: Near 1.09200 after confirmed breakout and bullish structure retest
- Stop Loss: 1.08800 (tight structure invalidation)
- Target: 1.21155 (major HTF resistance + institutional supply zone)
- Open P&L: +318.6 pips
- Risk/Reward: 1:29.89
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Fundamental Backdrop:
- EUR is gaining strength on improving EU inflation sentiment and cautious ECB optimism.
- USD remains pressured by mixed economic data and shifting expectations around Fed policy.
- Broader risk-on sentiment and demand for non-USD pairs are fueling additional momentum.
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Closing Thoughts:
This trade exemplifies how combining multi-timeframe market structure with macro fundamentals and disciplined execution can lead to high-conviction, high-reward setups. I’ll continue to update as we approach the 1.2115 zone.
If you caught this move or want more trade setups like this — follow us for real-time analysis, before-and-after breakdowns, and swing trade plays across Equities, Currencies, and Commodities.
EUR/USD Weekly Analysis 6-April-2025The Euro started moving in the ascending channel
It is currently in a corrective wave,
But considering the wedge formed and the pin bar candle in the 4-hour chart
It seems that the correction has ended and the price is starting to move upwards
And on the other hand:
In addition to the channel ceiling, the price is facing the intersection of three resistance lines above
So I expect the price to decline upon hitting this strong resistance zone
(As shown in the chart)
*Be profitable
Thank you for expressing your opinion by liking and commenting
Euro will break current support level and drop to 1.0735 levelHello traders, I want share with you my opinion about Euro. Recently, the price completed a pennant pattern, which resulted in a breakout to the upside. This breakout, however, didn’t gain much ground - the movement quickly lost momentum inside the resistance area between 1.0955 - 1.0985 points, where Euro sharply turned around. The reversal from this zone wasn’t unexpected, considering this level had already acted as resistance earlier. What followed was a clean break below the current support level at 1.0955 points, which shifted the market structure back to bearish. Now the price is trading lower, and the bearish impulse looks set to continue. My expectation is a further decline toward the support level at 1.0735, which also aligns with the buyer zone between 1.0695 - 1.0735 points. This level may act as the next potential area of interest where buyers could attempt a defence. The invalidation of local support, weakness after the breakout, and strong supply reaction from resistance all point to a high probability of continuation down toward TP 1 - 1.0735 level. Please share this idea with your friends and click Boost 🚀
EUR/USD Weekly Resistance Rejection – Potential Short SetupAfter a strong bullish rally, EUR/USD has approached a major weekly resistance zone around 1.1295, a level that has held multiple times since 2023.
On the weekly timeframe:
Price has tapped into this resistance area and is showing signs of hesitation.
The RSI is at 67.59, approaching overbought territory.
A solid move has already played out, and we could be looking at a potential mean reversion move.
Volume has spiked, indicating possible distribution.
I've placed a short position at the current level, targeting a move back toward the 1.0950 area – near previous consolidation and the rising 21-week SMA (now at 1.0560, gradually catching up).
Stop loss: 1.1295
Take profit: 1.0950
Risk: -2.25 CAD on a 20,000 unit position
This setup offers a decent risk-to-reward ratio, and I'm closely watching how price behaves around this resistance. If the level breaks with momentum and volume, I’ll re-evaluate the bearish bias.
What do you think? Do you see EUR/USD pushing through or rejecting hard from here?
#EURUSD #Forex #TechnicalAnalysis #SwingTrade #Resistance #RSI #WeeklyChart #ShortSetup
EURUSD: Watch for buys around 1.09625!Hey traders!
EURUSD has played out beautifully according to yesterday’s analysis, hitting our key levels with precision. The bullish momentum remains intact, and I'm still targeting the previous week's high at 1.11450.
Before the next leg up, I anticipate a pullback towards the Asian session low around 1.09625. This level could serve as a potential liquidity grab and demand zone, a perfect spot for buyers to step back in.
✅ Watch for bullish rejections or confirmation candles around 1.09625 to signal that buyers are defending the level. If confirmed, it could be the start of a solid move back to the upside.
📊 What’s your bias on EURUSD today? Bullish or bearish?
Let me know in the comments below! 👇
If you found this idea helpful, please consider supporting it with a boost, your support means a lot! 🙏🔥
Previous Idea
How it played out
EUR-USD Swing Short! Sell!
Hello,Traders!
EUR-USD grew nicely
Today but will soon hit
A horizontal resistance
Level of 1.1279 so after
The retest we will be
Expecting a local bearish
Correction and a move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD POSSIBLE TRADE SETUPPotential Trade Setup on EURUSD
EURUSD is on a strong 3-week rally correction that was almost got rejected on Friday due to the UK and US GDP data that came pretty strong and weak respectively.
That said, I am still quite anticipating for a possible correction to continue towards the 50% fib level at 1.0650, before we can start looking for a possible buy entry in the long term.
Trading Plan:
1. BUY if the resistance gets broken and retest successfully.
2. SELL if the current region acts as resistance for rejection towards the downside with an engulfing called on the 4H chart.
Targets:
1. Can be 1:2 for either entries.
Tips:
1. The RSI (1d) indicates an Overbought but easing gradually towards the 50 level.
Please like, follow, and comment!!
You may find more details in the chart!
Thank you and Trade Responsibly!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Don't Let It Slip Away: Dragon Signal Active on EUR/USDHi traders! Analyzing EUR/USD on the 1H timeframe, spotting a potential Dragon pattern with long opportunity:
🔹 Entry: 1.0956
🔹 TP: 1.11367
🔹 SL: 1.07787
Price action has formed a classic Dragon pattern — two symmetrical legs and a clear head, with the neckline (the hump) being retested as support. Currently, the pair is testing the neckline zone just above the 200 EMA. RSI is mid-range and curving up, showing early signs of bullish momentum.
If the neckline holds, we may see a strong bullish wave toward 1.1136. This pattern often leads to explosive upside moves once confirmed.
⚠️ DISCLAIMER: This is not financial advice. Every trader must evaluate their own risk and strategy.
EUR/USD Clears Resistance, Eyes 1.1200 RetestThe euro jumped +1.66% on the day, decisively clearing the key 1.0940 resistance level with a powerful bullish candle that now opens the door to a retest of the August 2024 high near 1.1200.
🔹 MACD remains in bullish territory, reaffirming upward momentum
🔹 RSI is climbing near 69, approaching overbought but not flashing reversal yet
🔹 Price now trades well above the 50-day and 200-day SMAs, both rising
Momentum is clearly in the bulls' favor. As long as EUR/USD holds above 1.0940, pullbacks may be seen as buying opportunities ahead of a potential break toward 1.1200.
Trend shift confirmed. Bulls back in charge.
-MW
EURUSD - SellPrice just swept the Asian high, grabbing buy-side liquidity. Now, I expect a reversal to target the session low (sell-side liquidity).
Liquidity taken ✅
Premium pricing ✅
Bearish order flow incoming...
Short from here. Let’s see how it plays out.
TRADE
Entry: 1.09931
Stop Loss: 1.10157
Take Profit: 1.09431
This is a 1:2.2 targeting 50 pips.
EURUSD Set for Breakout? Technical Patterns Point to Big UpsideEURUSD is showing signs of a breakout, with technical patterns pointing towards 1.22. Our analysts explains the setup, risk levels, and how traders can approach this opportunity.
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EURUSD LIVE TRADE EDUCATIONAL BREAK DOWNEUR/USD holds gains below 1.1000 ahead of US CPI release
EUR/USD is tirmimng gains while below 1.1000 in the European session on Thursday. The Euro gains on the German coalition deal and Trump's 90-day pause on reciprocal tariffs. Meanwhile, the US Dollar finds demand on profit-booknig ahead of the US CPI data release.
Short trade
Trade Breakdown – Sell-Side (EUR/USD)
📅 Date: Wednesday, April 9, 2025
⏰ Time: 10:30 AM (New York Time) – NY Session AM
📉 Pair: EUR/USD
📉 Trade Direction: Short (Sell)
Trade Parameters:
Entry Price: 1.10429
Take Profit (TP): 1.09064 (-1.24%)
Stop Loss (SL): 1.10815 (+0.35%)
Risk-Reward Ratio (RR): 3.54
Intraday Sell Setup During NY Session:
Reason: Based on bearish market structure, EUR/USD. showing signs of weakness due to the USD strength off a key supply zone and observing the price reach exhaustion.