USDEUR trade ideas
Bearish reversal off 61.8% Fibonacci resistance?The Fiber (EUR/USD) has rejected off the pivot and could drop to the 1st support.
Pivot: 1.1265
1st Support: 1.1071
1st Resistance: 1.1367
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.
EURUSD 4H TIME-FRAME ANALYSIS Left Circled Area (Around Late April 2025):
Initial Bullish Push:We see a strong upward movement leading into this area, indicating significant buying pressure.
Rejection and Consolidation:The price reaches a high and then faces strong resistance, leading to a sharp rejection. Following this rejection, the price enters a period of consolidation, moving sideways within a defined range (roughly between 1.13700 and 1.14200). This suggests a temporary balance between buyers and sellers after the initial strong move.
Break of Consolidation:Eventually, the price breaks downwards out of this consolidation range with some bearish momentum. This break signifies that sellers have gained control, and the prior bullish momentum has likely subsided for the short term. The break below the lower boundary of the consolidation acts as a break of structure, indicating a potential shift towards a downtrend or further bearish movement.
Potential Resistance:The upper boundary of the consolidation range (around 1.14200) now has the potential to act as resistance if the price attempts to move back up.
Right Circled Area (Around Mid-May 2025):
Bearish Movement:Following the breakdown from the previous consolidation, the price has been generally moving downwards, indicating continued selling pressure.
Potential Support and Rejection:The price reaches a low and appears to find some support around the 1.11600 level. We see some upward movement and indecision around this area, suggesting buyers are attempting to push back.
Failed Bullish Momentum:The upward movement from the support level is relatively weak and doesn't manage to break above the previous significant swing low (around 1.12050). This suggests that the bearish momentum is still strong, and buyers are not yet in control.
Potential Continuation:The inability of the price to make a significant recovery after finding support could indicate a continuation of the downtrend. The area of indecision near the 1.12050 level might act as a resistancezone for any further attempts to move higher.
Overall Interpretation:
Looking at these two circled areas together, the chart suggests a shift from initial bullish momentum to bearish control. The first circled area shows a failure to maintain the uptrend, leading to a consolidation and subsequent breakdown. The second circled area indicates continued bearish pressure with weak attempts at recovery being rejected at potential resistance levels.
This analysis suggests a potential short-term bearish outlook for EUR/USD based on this 4-hour timeframe. Traders might look for further selling opportunities as long as the price remains below the resistance levels identified.
EURUSD: Growth Is Coming! Buy!Driven by the lower-than-expected U.S. Producer Price Index (PPI) data, the EUR/USD exchange rate oscillated higher and broke through the 1.1200 threshold. During the North American trading session, EUR/USD rose 0.25% and traded near 1.1200, indicating that short-term bullish momentum is gradually strengthening.
The EUR/USD has successfully broken through the psychological resistance level of 1.1200, forming a strong upward breakout pattern. The MACD indicator shows a golden cross formation, with the histogram turning from negative to positive, signaling a shift in momentum to bullish. In the short term, EUR/USD is expected to continue its upward momentum, with the primary target being the previous high of 1.1230. If this level is effectively breached, it could challenge the 1.1250–1.1275 area.
For support levels, 1.1180 serves as a key short-term support, followed by the 1.1150 zone.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
EUR/USD holds resistance but lacks momentumThe EUR/USD has given up the mild gains made earlier in the day to almost turn flat on the session, following the release of mixed US data. With equity indices bouncing back, we have see the EUR/USD come off its highs. But strong eurozone data from earlier today meant the sellers were not rushing in to punish the pair. Still, price action is turning a little more bearish day by day.
Today, we are looking at another inverted hammer candle on the daily chart, albeit a small one. Yesterday, there was a similar pattern as rates held below the broken support area of 1.1215 - 1.1265. Some downside follow-thru is now needed to encourage the sellers.
Support comes in at 1.1100, followed by 1.1000.
By Fawad Razaqzada, market analyst with FOREX.com
EURUSD Set To Grow! BUY!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.1165
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1185
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
EURUSD Will Move Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.118.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.090 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EUR/USD - Bullish opportunity for 23 pip short term trade
On the daily chart we can see that price is hovering around a significant support/resistance zone. This area has been touched twice 8-9 months ago, forming a double top reversal pattern, and continuing downward. Price broke this level about a month ago on high volume and was unable to sustain such high prices, resulting in a recent break below this significant support/resistance zone. Price then re-tested the zone and failed to confidently close above the zone, now lingering below it.
A trendline is placed connecting two recent lows, creating a 47 degree angle, signaling a healthy uptrend. This trendline is broken, in addition with the significant support/resistance zone also being broken, signaling a possible downtrend.
Zooming down into the 1 hour, we can identify a downward channel that price has traded within. The significant break below the channel on high volume signaled an exhaustion move. This could be interpreted as a selling climax and one could expect prices to begin rallying up from this point, for a possible reversal. However, prices returned into the channel and were unable to move above the SMA 200 or outside of the channel, thus the downtrend remains intact. Moreover, this exhaustion move broke the significant support/resistance level that we mentioned earlier, and because prices could not move above the SMA 200, this was a successful break of the level, retest of the level, and now continuation of the break.
From a day trading perspective, there is an opportunity to take a quick short term trade of 20-25 pips in a long position. A fair value gap exists due to the red candle at 10:00 AM on Friday so there is a liklihood that price will fill this gap and then proceed downward. The best moment to capitalize on a trade like this would be at market open around 6:00pm EST when spreads are lowest. The goal being to get into a trade that fills the fair value gap/targets the significant support/resistance zone, and setting a stop loss that grants a 1 to 2 risk to reward ratio. The expectation being that price will continue to rally and not make any downturns while it fills the gap. As always with any trade, there is a risk that it will not work and your stop will hit before the profitable move takes place.
EURUSD SHORT FORECAST Q2 W20 D15 Y25EURUSD SHORT FORECAST Q2 W20 D15 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Gap fill
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Eur usd sell side baisThe EUR/USD pair currently presents a bearish bias, driven by a combination of eurozone economic weakness and relative dollar strength. Key technical indicators suggest downward momentum, with the pair trading below key moving averages and showing lower highs on the daily chart. Macroeconomic factors such as hawkish Fed sentiment, persistent inflation in the U.S., and weaker-than-expected eurozone data support the sell-side outlook. Traders may look for short opportunities on pullbacks toward resistance levels, with close attention to upcoming ECB and Fed statements for confirmation.
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❤️
EUR/USD Playbook: Precision Day Trading from Range to BreakoutEUR/USD is in a bullish correction on the daily chart, holding above the 21-EMA with compressed moving averages signaling consolidation. The pair trades in a 1.1170–1.1230 range on the 1-hour chart, presenting ideal day-trading opportunities. Volume spikes at support (1.1170) and weakness near resistance (1.1230) reinforce this range.
Use this structure to your advantage:
Long near 1.1170–1.1185, backed by EMA ribbon support and RSI recovery from oversold levels.
Short near 1.1225–1.1235, where RSI typically overextends and price stalls on weak volume.
Use tight stops (5–10 pips) and take profits near range edges.
If price breaks and holds above 1.1235, target 1.1265–1.1300 on a bullish continuation. Below 1.1170, expect deeper downside toward 1.1120.
Stick with the range until a breakout is confirmed by volume and candle closes.
EURUSD, expecting bearish move (16-05-2025)Please go through chart information carefully.
There are many reasons behind the bears who is gathering strength.
price breaks major trendline,
price rejecting from resistance zone many times,
Price breaks the support level.
Advice-
Our preference is as below:
EURUSD sell NOW @1.12000
TP1-1.11000
TP2-1.10000
TP3-1.09000
SL- 1.12700
EUR USD 30M CHART PATTERNThis chart is a 30-minute candlestick analysis of the EUR/USD currency pair. It illustrates a head and shoulders pattern, which is typically considered a bearish reversal pattern in technical analysis. Here's a breakdown:
Key Elements:
Red arrows: Mark the shoulders and the head of the pattern.
Orange circles: Highlight the swing lows (neckline area).
Blue lines: Show the price movement forming the head and shoulders.
Trade Setup:
Entry: Just after the right shoulder forms (price breaks the neckline).
Stop Loss: Slightly above the right shoulder (marked in red).
Take Profit: Below, equidistant from the neckline to the head (measured move), marked in green.
Strategy:
This is a short (sell) trade setup anticipating the price will fall after confirming the head and shoulders pattern. The risk/reward ratio looks favorable.
If you need help backtesting this pattern or automating the strategy, let me know!