USDEUX trade ideas
EURUSDEURUSD should complete this correction before going towards 1.12 level.
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EUR/USD Wave ForecastHi All!
The current wave outlook for EUR/USD suggests that the third subwave within the larger third wave has likely been completed. In the coming days, we expect a correction, with the most probable target around 1.0680, potentially dipping slightly lower to 1.0620.
After that, the euro is expected to resume its uptrend within the fifth subwave of the third wave, aiming for a target of 1.11 - 1.12
#EURUSD #WaveAnalysis #Forex #Trading
EUR/USD: Correction or a New Wave of Growth?Hi All!
Last week, the euro continued its correction after a strong impulse, which is identified as subwave 3 within wave 3 of a higher degree. A technical correction occurred at the end of the week, and now the key question is whether it has been completed.
📍 Key Levels:
✅ 1.08600 – A breakout will confirm the end of the correction and open the way toward resistance levels at 1.09100 – 1.09400.
✅ If subwave 4 is complete, the next targets are 1.1100 – 1.1200.
✅ Deeper correction scenario: A possible dip toward the 100-hour moving average around 1.07800. If this level holds, we expect further growth. Otherwise, a deeper correction toward 1.07255 (38% Fibonacci retracement of subwave 3) could follow.
📊 What’s next? We are waiting for a confirmed breakout of 1.08600 or a rebound from the 100-SMA (H4).
EURUSD: Is the Market Ready for a Reversal? Hi Traders!
Since March 18, EURUSD has been moving within a descending parallel channel, with its boundaries holding the trend in place.
Yesterday, we saw a bounce off the lower boundary of the channel, accompanied by:
✅ A correction reaching 38% Fibonacci of subwave 3
✅ Wave C of the expected horizontal correction (wave 4) reaching 1.68 of wave B
📊 What Does This Mean?
At this point, we have a strong case for a EURUSD reversal and a continuation of the upward movement.
⚡ Key Signal:
To enter a position, we need to wait for a confirmed breakout above the channel. This will provide a solid basis for a medium-term trade, with targets at:
🔹 1.0950
🔹 1.1150
🔹 The 1.12 - 1.1250 zone
EUR/USD Testing Demand Zone: What Are the Next Moves...?The EUR/USD currency pair is trading at the 0.5 Fibonacci retracement level on the 4-hour timeframe, indicating a potential point of support or resistance. This level is often referred to as the "golden zone," a critical area for traders looking for reversals or continuation patterns.
When we examine the 15-minute timeframe, we can see that the price action is consolidating within a defined range. This consolidation suggests that market participants are indecisive, with neither buyers nor sellers gaining a clear advantage at this moment.
To identify a potential trading opportunity, we should closely monitor the upper and lower boundaries of this consolidation zone. A break above the upper boundary could signal a bullish continuation, prompting us to look for long positions, especially if it's accompanied by increasing volume or other confirming indicators. Conversely, a break below the lower boundary may indicate bearish momentum, suggesting a potential entry for short positions.
As we await a decisive breakout from this range, it's important to remain cautious and patient, ensuring that any trade setup aligns with our overall trading strategy and risk management protocols. Keeping an eye on external factors such as economic news or events can also provide additional context for making informed trading decisions.
Elliott Wave Outlook (Wave C in Progress?)Key Technical Zones:
Demand Zone: 0.9750 – 1.0350 (Support from Wave B low)
Supply Zone: 1.1600 – 1.2000 (Potential Wave C target)
Current Price: 1.0959
Support Levels: 1.0730, 1.0350
Resistance Levels: 1.1250, 1.1600
Outlook:
Bullish bias remains intact for Wave C as long as the pair holds above 1.0730. Any deeper pullback into the demand zone could still be part of a healthy correction, offering long opportunities on confirmation. Keep an eye on macroeconomic data, especially from the U.S. (FOMC, CPI) and EU (ECB stance), as they may heavily influence EUR/USD sentiment in the coming weeks.
Conclusion:
Watch for bullish continuation setups toward the supply zone, but remain cautious of a mid-term rejection pattern, which could trigger a deeper correction. Trade safely, and always use proper risk management.
Current Scenario:
Price is now trading near 1.0950, suggesting a potential Wave C rally in progress.
If Wave C unfolds as anticipated, EUR/USD could approach the supply zone marked between 1.1600–1.2000, which aligns with previous structural resistance and Fibonacci retracement levels.
However, a false breakout or early rejection from current levels could lead to a sharp retracement, possibly retesting the demand zone before any major upside continuation.
We were looking at the 4 hour intervalbut we are in the ascending position but we will see this week how the situation will go
EURUSD: Support & Resistance Analysis for Next Week 🇪🇺🇺🇸
Here is my latest structure analysis
and important supports and resistances for EURUSD for next week.
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bearish Reversal Incoming? Key Resistance Holds as Price StallsAfter analyzing multiple timeframes, we observe that the price has surged significantly and is now trading within a key resistance zone. The resistance remains strong, and the RSI across multiple timeframes is in the extreme overbought territory, showing bearish divergences. Additionally, despite the sharp rally, the price has not undergone any meaningful correction.
Considering these factors—strong resistance, the proximity to a weekly trendline, extreme overbought conditions, and bearish divergence—along with the presence of a hanging man candlestick at resistance, a correction is likely. Our correction targets are the 50% and 61.8% Fibonacci retracement levels.
Blueprint for Becoming a Successful Forex Trader in 2025🚀 Blueprint to Becoming a Successful Forex Trader in 2025: Leveraging ICT, Automation, and Prop Funding
Here’s a detailed, actionable blueprint designed to position you for success by carefully navigating broker selection, adopting advanced trading strategies, obtaining prop funding, and integrating automation and AI technologies into your trading.
🏦 Broker Selection (Actionable Steps)
🔍 Choose brokers with true ECN/STP execution
⚡ Ensure brokers offer low spreads (0.0-0.2 pip average) and fast execution to maximize ICT precision entries.
🛡️ Prioritize brokers regulated by ASIC, FCA, or FSCA with verified Myfxbook execution reports.
📊 Confirm broker compatibility with MetaTrader 4 (MT4) to seamlessly integrate Expert Advisors (EAs).
💳 Check for flexible withdrawal/deposit methods and swift payouts (Crypto, Wise, Revolut).
🎯 Trading Strategy (ICT Concepts & Supply-Demand Zones)
🧠 Master ICT Concepts: Liquidity sweeps, Order Blocks (OB), Fair Value Gaps (FVG), Market Structure Breaks (MSB).
📍 Combine ICT with Supply-Demand: Identify institutional supply-demand zones aligning with ICT Order Blocks & liquidity areas.
📐 Execute High-Probability Setups: Trade only after liquidity grabs at key daily/weekly ICT points, avoiding retail traps.
📈 Time & Price Theory: Trade London Kill Zones and New York Open exclusively, exploiting predictable ICT volatility.
📆 Weekly Preparation: Annotate D1/H4 charts on weekends marking liquidity points, order blocks, and premium/discount zones clearly.
💰 Getting Prop Funding (Actionable Approach)
🥇 Target reputable prop firms (FTMO, MyForexFunds, The Funded Trader, 8cap, etc) with clear and attainable evaluation objectives.
📑 Use ICT trading style for evaluation: lower-frequency, high-probability trades with clearly defined risks.
🎯 Implement strict risk management rules: never exceed 1% risk per trade, aiming for steady account growth (5-10% monthly target).
📊 Monitor performance closely using provided analytics dashboards (e.g., FTMO Metrics App) and adapt accordingly.
📚 Diversify funded accounts across multiple firms, compounding total available trading capital while reducing firm-specific risk.
⚙️ Automating & Executing Trades (MT4 EA & Bots)
🛠️ Hire experienced MQL4 developers to code custom ICT-based MT4 Expert Advisors
🤖 Develop EAs specifically around ICT logic (Order Block detection, liquidity grabs, market structure shifts) and or supply/demand logic
🤖 use advanced algo based breakout EAs for automation
📌 Automate trade management: EAs should handle entry precision, partial exits, break-even stops, and trail stops.
📡 Set EAs on VPS Hosting (NY4, LD4) for optimal latency and consistent execution (ForexVPS, AccuWeb Hosting).
📈 Regularly perform forward-testing and optimization of EAs on demo accounts before live deployment (at least quarterly optimization).
📲 Integrating Advanced Bots and Technology in 2025
📊 Combine your MT4 EAs with third-party analytics platforms for detailed trade performance insights.
🔮 Incorporate AI-based forecasting tools to refine ICT setups and trade signals.
🔔 Use automated bots for real-time alerts on ICT-based setups via Telegram or Discord channels.
🧑💻 Maintain manual oversight for discretionary ICT decisions—use automation for entry efficiency, not blind reliance.
🔄 Continuously retrain and update your bot’s logic monthly using the most recent trade data, ensuring adaptive execution.
🗓️ Daily Routine for Success
🌅 Pre-session (30 mins): Review annotated charts, ICT concepts (liquidity, OB, FVG), and supply-demand levels.
💻 During trading session: Monitor EA execution, manually adjust positions based on real-time ICT setups.
📝 Post-session (15 mins): Journal trades meticulously in detail, noting ICT reasoning behind wins and losses.
📆 Weekly review: Assess overall ICT & EA performance—adjust EA parameters as needed to match evolving market conditions.
📚 Continuous learning: Keep updated on advanced ICT framework,
supply demand zone trading.
📌 Final Actionable Advice for 2025
🔍 Specialize intensely on ICT & supply-demand concepts rather than multiple strategies—depth over breadth.
🚩 Always adapt and evolve your trading algorithms to ICT methodology—market dynamics continually change.
🧘 Maintain emotional discipline and patience, relying on high-probability setups to steadily compound your account.
💡 Stay ahead by embracing technology: automation, AI-driven forecasting, and custom ICT tools will provide a significant edge in 2025.
Cup & Handle Pattern on EUR/USD – Bullish Breakout Setup🏗️ 1. Pattern Structure Breakdown
🔵 Cup Formation:
The left side of the chart illustrates a steep decline beginning around mid-October 2024, forming the left lip of the cup.
The bottom of the cup was established between late December 2024 and early February 2025, where the market found a strong support level near 1.0220.
A rounded bottom formed, which indicates accumulation and decreasing bearish momentum.
The right side of the cup shows a strong bullish reversal from the support zone, gradually returning to the previous highs around 1.1050–1.1100, completing the cup shape.
⚫ Handle Formation:
A slight pullback or consolidation occurred after reaching the resistance zone, forming the handle between late March and early April 2025.
This handle appears as a small descending channel or flag, which is typical for this pattern.
Price remained above the support trendline, showing strength in the handle without breaking the overall bullish structure.
🔍 2. Key Technical Zones
📌 Resistance Level (Breakout Zone): 1.1050 – 1.1100
Marked by prior price rejection and the top of the cup.
The successful breakout above this zone confirms the cup and handle breakout.
📌 Support Level: 1.0220 – 1.0300
This zone provided a base during the cup’s rounding bottom and serves as a critical demand area.
📌 Stop Loss: 1.07380
Positioned below the recent swing low (handle low), providing a safe buffer.
This placement respects both market structure and risk management.
🎯 3. Target Projection
✅ Price Target: 1.14780
Based on the measured move technique:
Measure the depth of the cup (approx. 1.1100 - 1.0220 = 880 pips).
Project that distance above the breakout point (around 1.1050).
Target = 1.1050 + 0.0880 = 1.1930 (but a conservative target of 1.14780 is used here).
This target aligns with a previous resistance level from mid-2023, adding confluence.
📈 4. Trade Setup Summary
Component Description
Pattern Cup and Handle (Bullish Continuation)
Entry Point Breakout above 1.1050 resistance
Stop Loss Below 1.0738 (recent low)
Target 1.1478 (based on measured move)
Risk/Reward Ratio Approx. 1:2.5 or better
💡 5. Technical Insights and Confluence
Volume Consideration (if available): Typically, volume decreases during the cup and increases during the breakout. Although volume is not shown here, this pattern suggests accumulation.
Handle Behavior: The handle did not breach the mid-point of the cup, maintaining a strong bullish structure.
Market Sentiment: Given the steady incline and the bullish breakout, it suggests buyers are in control.
🏁 Conclusion
This is a textbook Cup and Handle breakout setup on the EUR/USD daily chart. The structure shows a clear transition from bearish to bullish sentiment, accumulation at support, and a confirmed breakout with strong potential upside.
It offers an excellent long opportunity with favorable risk-reward, clear invalidation, and a historically reliable price pattern.
EURUSD: Tariff – economicsAlmost every macro indicator and business news were left in a shadow during the previous week, because the main words which were shaping quite negative market sentiment were trade-tariffs. Investors are currently estimating the impact that the new US Administration trade tariffs imposed on imports to the US from almost all countries around the world, not only to the US economy, but for world growth during this year. As for macro news posted during the previous week for the US, the ISM Manufacturing PMI for March was at the level of 49, slightly lower from forecasted 50. Job openings in February were at the level of 7.568M, lower from market estimate at 7,63M. The ISM Services PMI for March was at the level of 50,8, again lower from market consensus of 53. The most important macro data for the week were non-farm payrolls and unemployment rate for March. The NFP added 228K jobs, above the market estimate of 135K. At the same time, the unemployment rate in March was higher by 0,1pp, reaching 4,2%. The average hourly earnings were higher by 0,3% for the month, bringing the indicator to the level of 3,8% on a yearly basis.
The Retail sales in Germany in February were higher by 0,8% for the month, bringing the indicator to the level of 4,9% on a yearly basis. The Inflation rate in Germany, preliminary for March, was at the level of 0,3% for the month and 2,2% on a yearly basis, which was in line with market expectations. The Inflation rate for the Euro Zone, flash for March, was standing at the level of 2,2% y/y a bit lower from market estimate of 2,3%. The core inflation remained elevated at the level of 2,4%, but still a bit lower from forecasted 2,5%. The Unemployment rate in the Euro Zone in February dropped to the level of 6,1%, from 6,2% posted for the previous month. The Producers Price Index in the Euro Zone in February was higher by 0,2% for the month and 3% on a yearly basis. Both figures were higher from market estimates.
A shock wave hit financial markets after the US Administration announcement of new trade tariffs imposed for the rest of the world. The eurusd currency pair was in a sort of a rollercoaster during the second half of the week. The week started slowly around 1,078 level, but the Thursday trading session brought a significant move toward the higher grounds and the highest weekly level at 1,1145. Trading on Friday brought some relaxation and its return toward the level of 1,0955. The RSI entered into the clear overbought market side, but ended the week around the level of 62. The MA50 continues to strongly converge toward the MA200, erasing the distance between two lines, implying a potential cross in the near term period.
The markets will use the week ahead to estimate a potential full effect of newly implemented trade tariffs on the US economy, but also for other economies around the globe. In this sense, some adjustments in the eurusd currency pair could be expected. The level of 1,09 is just the short term support line, when looking at historical moves of the currency pair. However, testing of 1,10 and 1,11 levels during the previous week, showed market sentiment, which is more oriented in favor of the euro. There is some probability that the 1,10 resistance line will be again tested in the week ahead. Probability for the downside is quite low at this moment. Still, if the market turns to this direction, then the next level to watch will be 1,08, historically important for eurusd.
Important news to watch during the week ahead are:
EUR: Balance of Trade in February for Germany, Retail Sales in the Euro Zone in February,
USD: FOMC Meeting Minutes, Inflation rate in March, Producers Price Index for March, Michigan Consumer Sentiment preliminary for April.
EUR/USD Ready Again?EUR/USD looks set for a bullish continuation as it moves into wave 5 of wave C. After completing wave 4, price is expected to rally toward the 1.18000–1.20000 zone.
Wave Structure Outlook:
Wave 3: Completed
Wave 4: Correction in progress
Wave 5 Target: 1.18000+ zone
Invalidation Level: 1.04216
As long as price holds above the invalidation level, the bullish count remains valid. Watch for price action confirmation to join the rally.
EURUSD Bullish if next candle close above previous candle Waiting on next candle to close above previous candle and then enter long if candle close below then previous candle then it can take ur stop loss
EURUSD OUTLOOK APRIL 7 - 11This is my outlook for the week. Current price action is extremely bullish and judging from the fundamentals and tariff news it might stay this way for some time.
On the technical side we are reacting from a monthly and weekly bearish order block but without a bearish BOS on the 4h, which also aligns with a bearish change of character on the weekly, I will still be long biased.
I am going to be looking for lower time confirmation to continue bullish. If there is a 4H internal shift I will wait for bullish internal shift but if we do not get that I will still trade accordingly.
EURUSD Nice potential short to a demand zone, then initiating a buy off of an order placed.
Will be shorting to a demand zone then buying
EURUSDWeekly trend line 3rd touch
Counter trend line break
Double tops neckline broke
Shooting star candle at weekly trend line
EURUSDPotential buys to re distribute a previous order block, targetting lower time frame liquidity.
A nice 4R return always breaking even as soon a 1% profit target hits
A r*tards ideaI'm a noob in these markets so take what I say with a grain of salt. I personally think it's a good idea but look at the one hour for the euro we had a pinball candle I think that's what there called but when that happens it tells us sellers couldn't hold there ground hense the green candle on the hourly. Therefore I believe the trend will continue. Hopefully I'm right, I have a lot of data backing me up with the bullish continuation. Happy trading everyone
With the weaker dollar expecting one more pushWith the trade war beginning in March, we have seen a strong push to the higher and consolidate of two weeks, and a push up with the support of Buy-Side imbalance and sell-side inefficiency (BISI). Last week, we saw a push down with the support of weekly sell-side imbalance and buy-side inefficiency(SIBI).
This week, also, I'm expecting a weaker dollar.
It might push higher after filling out the weekly gap.
My first target is 1.1144
Good luck & Trade safe
eurusd buy scalpingOANDA:EURUSD buy scalping
reason is 4hr support touch
4hr support to 1 day support
EUR/USD Monthly forecast = LONG!Due to US impact on USD and rising trend of EUR I think the best option is to lay over and wait for this.
