USDEUX trade ideas
EURUSD 21 ABRIL 2025This could be the potential move for EURUSD that I’d be expecting for the week, based on the outlook of a continued weaker dollar.
Trump’s clear intention is to weaken the economy, and with a higher likelihood of interest rate cuts, this could increase the value of other assets relative to the dollar.
EUR/USD Breakout Extends Toward 1.15 – Is 1.17 Next?The euro continues its sharp ascent, breaking convincingly above key resistance at 1.1200 and now eyeing the 78.6% Fibonacci retracement near 1.1745. Momentum remains firmly bullish:
🚀 Price has surged through both the 50- and 200-day SMAs
📈 MACD is accelerating higher, showing strong bullish momentum
📊 RSI is nearing overbought territory at 74.92, but not diverging yet
As long as EUR/USD holds above 1.1200, the path of least resistance may remain higher. However, traders should watch for signs of exhaustion near the 1.17 area, a key technical confluence that could slow the rally.
-MW
The Uptrend Continues
EUR/USD continues to rise and broke above the previous high this morning.
The next target, based on Fibonacci extension, is set at 1,1608.
The only valid trade opportunities are in the direction of the trend, ideally after a pullback.
Watch for a retest of the previous high and potential buying setups.
Wait for a favorable risk-to-reward ratio before entering and avoid using large position sizes!
EURUSD SHORT FORECAST Q2 W18 D28 Y25EURUSD SHORT FORECAST Q2 W18 D28 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
✅Daily order block rejection
✅Intraday 15' order block
✅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
EURUSD Set To Grow! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.1361 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1407
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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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WISH YOU ALL LUCK
EURUSD: Target Is Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 1.13622 will confirm the new direction upwards with the target being the next key level of 1.13967 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURUSD(20250424) Today's AnalysisMarket News:
The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024.
Technical analysis:
Today's buying and selling boundaries:
1.1354
Support and resistance levels:
1.1485
1.1436
1.1404
1.1303
1.1272
1.1223
Trading strategy:
If the price breaks through 1.1354, consider buying, the first target price is 1.1404
If the price breaks through 1.1303, consider selling, the first target price is 1.1272
EURUSD Top - Down AnalysisHello Students and Traders,
Just thought to give y'all a quick top-down analysis on the EURUSD pair today.
While we see some Bearishness on the Monthly chart, the lower time frames of the Weekly, Daily and 4 Hour are all looking Bullish. With these 3 timeframes having a confluence of liquidity target, which is only a few pips shy of the Monthly Zone, it appears the market is looking to drive prices bullish, right into the Monthly Zone, from where we will expect and hope to see the resumed bearishness of the Monthly, together with a consequential reversal of trend on the 3 timeframes of the Weekly, Daily and 4 Hour Timeframes.
For now, we wait and watch how prices play out on the 1 hour, to give us the confirmation to move Bullish, or expect a short term bearish reversal.
Enjoy the analysis guys...
How to use Correlation for your tradingHello,
Understanding correlation is key to elevating your trading success for two main reasons:
Avoid Trading Against Yourself: When you buy one asset and sell another that is positively correlated, you risk offsetting your gains with losses. This often results in a zero-sum outcome, as one trade may profit while the other incurs a loss. Recognizing correlated pairs helps you avoid this pitfall and trade more strategically. Using the chart below its clear that it will be unwise to sell GBPUSD while buying EURUSD since both pairs move in the same direction.
Capitalize on Lagging Pairs:
Identifying correlated pairs and their movement patterns enables smarter trading decisions. By spotting which pair tends to lead and which lags, you can focus on trading the lagging pair to increase your probability of success. While risks remain, this approach allows for more calculated and potentially profitable trades.
The charts provided illustrate the positive correlation between GBPUSD and EURUSD, showing how they move in tandem. This insight allows you to confidently buy or sell one pair based on the movement of the other, optimizing your trading strategy.
Goodluck in your trading.
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 Holds Firm as U.S. Policy Uncertainty GrowsEUR/USD traded around 1.1530 on Tuesday, while the dollar index remained around 98.4, weighed down by concerns about the Federal Reserve’s independence and escalating trade tensions. President Trump called for swift rate cuts and suggested removing Fed Chair Jerome Powell, fueling worries over political influence on monetary policy. The sentiment was further impacted by stalled US-China negotiations and China’s warnings to countries aligning with Washington.
Key resistance is at 1.1550, followed by 1.1600 and 1.1680. Support lies at 1.1400, then 1.1260 and 1.1180.
EUR/USD SHORT POSITIONDuring a market turnover the market usually retest or fills left over market gaps or imbalances before continuation. This would be a perfect time for EUR Buyers to get washed out before market decides to continue to the upside. This also would close the losing positions of the market makers shorts against the retail Investors and they would get better buy order before continuation of Q2 books for EUR/USD positions.
Fundamental Market Analysis for April 21, 2025 EURUSDEUR/USD broke out of a multi-day trading range and hit a new high since February 2022 around 1.1485 during the Asian session on Monday.
Despite “aggressive” comments from Federal Reserve (Fed) Chairman Jerome Powell, uncertainty over US President Donald Trump's trade policy continues to undermine the dollar. Last Wednesday, Powell said the Fed would likely keep the benchmark interest rate unchanged and wait for more clarity before considering any policy adjustments. Meanwhile, Trump's retaliatory tariff announcements undermined investor confidence in U.S. economic growth and drove the dollar to a two-year low early in the new week.
The aforementioned factors largely offset the European Central Bank's (ECB) soft decision last week and served as a tailwind for EUR/USD. On Thursday, the ECB cut interest rates for the seventh time in a year and warned that economic growth would be hit hard by US tariffs, bolstering the case for further policy easing in the coming months.
Moving forward, traders this week will be focused on scheduled speeches by ECB President Christine Lagarde on Tuesday and a number of influential FOMC members this week. In addition, the market's focus will be on the release of flash PMI indices, which could provide new insights into the state of the global economy. This, in turn, may give some impetus to the US dollar and EUR/USD.
Trade recommendation: BUY 1.1520, SL 1.1465 , TP 1.1565.
Bearish reversal for the Fiber?The price is rising towards the pivot and could reverse to the 1st support.
Pivot: 1.1532
1st Support: 1.1198
1st Resistance: 1.1710
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Bullish Pennant Confirms Breakout: Momentum Builds Toward 1.19The pair has formed a textbook bullish pennant on the 4-hour timeframe following a sharp impulsive move upward. Price action consolidated within a narrowing triangle, signaling accumulation before the next leg higher.
The breakout above the pennant’s resistance suggests continuation of the uptrend, with projected Fibonacci targets at:
1.1781 (1.272 extension)
1.1940 (1.414 extension)
Volume behavior confirms the pattern: declining during the consolidation phase and increasing at the breakout, supporting a strong bullish bias.
Fundamental backdrop:
-The US Dollar faces pressure as markets increasingly price in a potential Fed rate cut in the second half of 2025.
-The ECB maintains a more hawkish stance, reinforcing euro strength relative to USD.
-Eurozone economic data shows signs of inflation stabilization, while US CPI readings remain mixed.
-Capital rotation favors major currencies with resilient monetary policies and macroeconomic stability.
As long as EUR/USD holds above 1.1476, the bullish scenario remains intact. A move toward 1.1781 and 1.1940 appears likely. A breakdown below 1.1237 would invalidate the pennant and shift momentum toward support retests.