USDEUX trade ideas
EURUSD - hourly chartTrading idea:
Short to 1.1406 but risk is to high because it could reverse to the 1.1457 very sharp!
Support and resistance:
🔴 Resistance Levels:
1.14574 — the nearest key resistance level; a previous top and potential barrier for further upward movement.
1.14900 — the upper boundary of the current range; serves as a target if the price breaks above resistance.
🟡 Support Levels:
1.14046 — local support level, coinciding with a previously broken resistance zone; may act as a bounce point.
1.13572 — important support level that previously held back further downside movement.
1.13126 — major support level from which a strong bullish impulse previously started.
🔍 Additional Notes:
Price is currently testing a descending trendline and may form a local consolidation in the 1.142–1.145 area, with a possible breakout attempt.
RSI is pointing downward but still above the oversold zone — no strong reversal signal yet.
Volume has decreased, which may indicate accumulation before the next impulse move.
Going Long on EURUSDThis trade setup was stopped out
I have noticed a trend among retail traders/investors. Once they place a trade and if they get stopped out, naturally they are unhappy with the outcome. Worse, they moved on to other pairs or other asset classes to trade.
More often than not, upon closer examination, it could be a situation of placing too tight SL or having the courage to follow up again and LONG again.
It works for me, I dunno about you. Stick to a few pairs or asset classes and after a while, if you add on your winning positions, you soon realised that you and the chart becomes connected (not in a spiritual way) but you straight away know where you are at certain point in the chart and know what decision to take.
I have also revised my strategy a little. One, to have no profit target since if the market is moving in tandem with me then taking profits too early would means I have to get in at higher price each time and a strong retracement could wipe me out.
Next, adding to winning positions has also proven profitable rather than going into a new trade setup which takes time to do research.
By limiting my exposure to fewer asset class, I become more in tune with the market development and know how to react. Diversifying too widely makes my capital allocation spread too wide without the opportunity to go deep into my profits.
Lastly, slowly I am also increasing my position sizing to take advantage of the trend. IF 1 contract yields 1 dollar then 5 contracts would gives me 5 dollars with the same move. This takes courage and conviction which over time, studying the losses and winners helps me to get there , slowly...........
The Day Ahed🇺🇸 United States
May Jobs Report: Expected to show 125,000 new jobs (vs. 177,000 in April); unemployment rate likely steady at 4.2%. Slower hiring may reflect effects of trade tensions.
April Consumer Credit: Will reveal household borrowing trends. "Buy Now, Pay Later" usage is up, especially among younger, wealthier consumers. Consumer stress rising.
🇯🇵 Japan
April Household Spending: Fell 0.1% YoY, below expectations (+1.4%). Inflation outpaced wage growth, curbing spending.
Leading Economic Index: Fell 0.7%, pointing to a potential slowdown due to weak new orders and U.S. trade policy uncertainty.
Coincident Index: Up 0.1% in January, but down 0.4% over six months—indicates stagnating current economic activity.
🇩🇪 Germany
April Industrial Production: Rose 0.3% MoM, rebounding after a sharp March decline. Industrial and mining sectors showed improvement.
Trade Balance: Data awaited. Recent uptick in orders (+0.6% in April) suggests signs of manufacturing recovery.
🇫🇷 France
Trade Balance & Current Account: April data pending. In recent months, the current account deficit narrowed due to reduced goods imports.
Industrial Production: Will provide further insight into economic activity.
🇪🇺 Eurozone
April Retail Sales: Scheduled for release. Will indicate regional consumer spending strength.
🇨🇦 Canada
May Jobs Report: Will offer a snapshot of labor market health amid economic uncertainty.
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.
EUR/USD Outlook – NFP Friday Flow & Liquidity Watch (ARX BreakdoEven though I don't trade NFP days, I always watch how the market behaves especially around key liquidity zones.
In this video, I break down what I expect from EUR/USD today using the ARX method:
• External & internal range liquidity
• Price flow around key zones
• Trap potential before major sessions
• Patience > prediction, even on high-impact days
🎯 This is for observation and structure-building execution always follows discipline.
Bearish drop for the Fiber?The price is reacting off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.1452
Why we like it:
There is a pullback resistance level.
Stop loss: 1.1495
Why we like it:
There is a pullback resistance level.
Take profit: 1.1375
Why we like it:
There is an overlap support level that is slightly below the 38.2% Fibonacci retracement.
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Market next target 🧨 Disruption Points:
1. Overbought Condition / RSI Divergence
Even though the price is surging (+3.30%), there could be an overbought condition forming.
If RSI or other momentum indicators (not shown here) diverge, it might signal weakness in bullish momentum.
> Disruptive idea: Price may fake the breakout (blue arrow) and then sharply reverse, trapping late buyers.
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2. False Breakout Trap
The red-box area could be a liquidity zone where smart money might induce a fake breakout before dumping.
> Alternative path: Price breaks above temporarily (as in blue path), but then reverses violently back into the range, forming a “bull trap.”
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3. Volume Anomaly
The volume appears to be decreasing on recent bullish candles after the initial spike.
This suggests that the uptrend may be losing strength, making the yellow arrow scenario less likely.
> Contrary outlook: Lack of volume confirmation could mean a sideways consolidation or reversal is more probable.
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4. News/Event Risk (Fundamental Disruption)
The chart shows an upcoming economic event (U.S. flag icon), possibly Non-Farm Payrolls (NFP), interest rate news, or CPI.
These events could cause extreme volatility and invalidate all technical patterns.
EURUSD: Will Go 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 1.14403 will confirm the new direction upwards with the target being the next key level of 1.14764 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURUSD(20250605) Today's AnalysisMarket news:
U.S. economic data-① ADP employment increased by 37,000 in May, far below the expected 110,000 and the previous value of 62,000. ② The U.S. ISM non-manufacturing index in May fell to 49.9, shrinking for the first time in nearly a year, and the expected increase was from 51.6 to 52.
Technical analysis:
Today's buying and selling boundaries:
1.1401
Support and resistance levels:
1.1478
1.1449
1.1431
1.1372
1.1353
1.1324
Trading strategy:
If the price breaks through 1.1431, consider buying, and the first target price is 1.1449
If the price breaks through 1.1401, consider selling, and the first target price is 1.1372
EUR/USD Bullish Breakout from Key Demand ZoneStrong bullish reaction from a well-defined demand zone ('zona buy') on EUR/USD. Price broke above resistance with momentum, confirming buyer interest. The RSI shows bullish strength, supporting further upside potential. Watching for continuation towards the 1.1578 target while managing risk below 1.1399 support.
EUR/USD Breakout from Supply Zone – Bullish Setup in PlayThe EUR/USD pair has just broken out of a key supply zone, signaling strong bullish momentum. Here's a breakdown of the technical setup:
🔹 Supply Zone (1.14331 – 1.14227): Price was consolidating under this zone for an extended period, forming a base. Multiple rejections in this area previously acted as resistance.
🔹 Breakout Confirmation: A bullish candle has now closed above the supply zone, indicating the potential for a shift in market structure from ranging to bullish.
🔹 Entry Zone: The entry was likely taken after price broke and retested the supply zone, turning it into a demand zone (support).
🔹 Targets & Risk-Reward:
TP: 1.15145 (next key level based on historical price action)
SL: Just below the recent demand base, around 1.14193
Risk-to-Reward Ratio: Approximately 3:1, favoring bulls
📊 Strategy Insight:
This setup aligns with the break-and-retest strategy. Patience in waiting for confirmation above resistance levels pays off, especially when combined with clear demand/supply mapping (as shown with LuxAlgo's zones).
🧠 Trader Tip:
Watch how price reacts near 1.14600–1.14800. A clean push through could signal continuation toward 1.15145, while rejection might offer a second entry opportunity on a deeper pullback.
💬 What’s your outlook for EUR/USD? Are you bullish or expecting a fakeout?
Market next move 🔍 Disruptive Counter-Analysis
1. False Breakout Risk
The current breakout could be a bull trap. Price may break above the resistance level temporarily before reversing sharply.
Volume Analysis: The volume isn't significantly higher at the breakout candle, which may suggest a lack of strong momentum or institutional participation.
2. Resistance Zone Ahead
The 1.14500 to 1.15000 range is historically a supply zone, where sellers may aggressively enter the market.
This makes any upside move vulnerable to a reversal near that zone.
3. Macroeconomic Risk
A red-circled economic event icon appears on the chart (likely an ECB or Fed-related release). This adds uncertainty—news can invalidate technical patterns.
If the event is bearish for the euro (e.g., weak data or dovish ECB comments), the pair could reverse sharply.
4. Overbought Short-Term
A series of green candles without significant pullback suggests short-term overbought conditions.
RSI or other momentum indicators (not shown here) may confirm this. A correction to the previous base is possible.
EURUSD BUY IN NOTICE. I just went live with you all, entering a buy position in EURUSD during an important news release. Actually, it was two buy entries, and I managed them really well.
In the first entry, we reached a 1.3% gain, although I couldn’t close it completely. In the second entry, the price hit exactly the point I mentioned it would likely reach during the news event. I’m managing both entries carefully, and at this moment, I already have a significant percentage in profit.
This is how live trading works — with discipline, management, and solid analysis!
EUR/USD 4H: Bullish Mode - Structure & Key LevelsMarket Context & Structure:
Price initiated a strong bullish impulse from the low at 1.08856 and peaking at 1.15733.
Following this, a corrective phase occurred. The 'MSS' (Market Structure Shift) indicates a return to bullish momentum, breaking the internal bearish structure of the pullback.
Key Levels:
• Resistance (1.15733): The previous swing high and a significant supply zone. The $' above it suggests liquidity targets.
• Support (around 1.1350): The immediate demand zone where buyers are currently active.
• Mitigated Zone (around 1.1250): A previously tested and "filled" demand level, offering potential strong support if retested.
• Fib Retracement Zone (0.618 at 1.11475 to 0.71 at 1.10841): This "sweet spot" for healthy retracements was successfully respected, initiating the current rally. It represents deep, yet still healthy, demand.
Current Outlook:
EUR/USD is clearly in a bullish posture. Price has established higher lows post-MSS and is currently finding support.
Potential Scenario:
We anticipate price to continue its ascent, targeting the primary 'Resistance' zone at 1.15733. A decisive break here would confirm strong bullish continuation.
Invalidation:
The bullish bias would be questioned on a sustained break below the immediate 'Support' zone and fully invalidated with a clear break below the 'Fib Retracement Zone' (below 1.10841).
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Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Mr. Wave Says... It’s Time for the Last Push!”[ b] EUR/USD is forming a clean Elliott Wave structure — and guess what?
We’re at Wave 4 consolidation, and Wave 5 is about to explode upward!
🔍 Here's what we're seeing:
✅ Wave 1 to 3 already confirmed with solid impulse
✅ Wave 4 found support near previous breakout zone
🎯 Target: Upper supply zone where Wave 5 is likely to terminate
🔔 This isn’t the time to sleep on the charts. Mr. Wave is literally pointing to the target zone — and we’re not ignoring it. 😉
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🧠 Pro tip:
Use tight risk management, ride the final push of the motive wave, and watch for reversal signals in the supply zone.
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📌 #GreenFireForex #ElliottWave #Wave5 #ForexTrading #TechnicalAnalysis #EURUSDSetup #ForexReel #WaveTheory #SupplyZone #ForexSignal #SmartTrading
EURUSD FORECAST FY25 TIDES TURNINGi dont usually do forex unless its big yields like this the concerning kind
im bearish on dxy so im going to take the time to call out what i see
i believe the us is in over its head and might jus transition to crypto as their legal tender
to save themselves
global de dollarisation sentiment (geopolitical tensions and sanctions have proven how dollar can be a liability)
national debt cant keep playing jenga with that
inflation might just respike with how they want to print more while cutting interest rates
while still not having dropped it to the 2% target
nations like japan suffered from the covid stimulus nobody will repeat that mistake they will divert their dollar assets into something else like gold not enough tho maybe euros id need to research into their holdings but i wont be suprised if nations dropping dollar instruments its all just strategic for economic resilience looking out for number 1
japan is a loco one they shot rates up 17% from nowhere bro spontaneous