EURUSD Setup Scenario A – Bearish Continuation:
🔻 Sell near 1.17300–1.17340 (Resistance Zone)
🎯 Target: 1.17200 or lower
📉 Stop Loss: Above 1.17350
Scenario B – Bullish Breakout:
🔼 Buy if price breaks above 1.17350 with volume
🎯 Target: Next resistance zone (e.g., 1.17450 or more)
📉 Stop Loss: Below 1.17280
🧠 Summary:
Market is consolidating after a drop.
Watching for breakout above resistance or breakdown below support for next move.
Currently, the bias is slightly bearish, but breakout scenarios must be monitored.
USDEUX trade ideas
EURUSD Will Go Up! Buy!
Here is our detailed technical review for EURUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.169.
The above observations make me that the market will inevitably achieve 1.177 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!
The euro can no longer afford to ignore the support levels aheadI believe the move has already begun, and from this point on especially during the first two days of the week we could see such a formation supported by volume. After climbing for so long, if there’s any intention to break out, I think it should first re enter its original upward channel and at least say hello there. If it’s going to rise further, it should do so from that point. We’ll see together. These are just my personal thoughts and do not constitute financial advice.
EURUSD: Growth & Bullish Forecast
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EUR/USD Rallies on Broad Dollar WeaknessEUR/USD Rallies on Broad Dollar Weakness
EUR/USD started a fresh increase above the 1.1750 resistance.
Important Takeaways for EUR/USD Analysis Today
- The Euro started a decent increase from the 1.1600 zone against the US Dollar.
- There is a connecting bullish trend line forming with support near 1.1770 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical Analysis
On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from the 1.1600 zone. The Euro cleared the 1.1650 resistance to move into a bullish zone against the US Dollar.
The bulls pushed the pair above the 50-hour simple moving average and 1.1750. Finally, the pair tested the 1.1830 resistance. A high was formed near 1.1829 and the pair is now consolidating gains above the 23.6% Fib retracement level of the upward wave from the 1.1590 swing low to the 1.1830 high.
Immediate support on the downside is near a connecting bullish trend line at 1.1770. The next major support is the 1.1710 level. A downside break below the 1.1710 support could send the pair toward the 1.1680 level and the 61.8% Fib retracement level of the upward wave from the 1.1590 swing low to the 1.1830 high.
Any more losses might send the pair into a bearish zone toward 1.1645. Immediate resistance on the EUR/USD chart is near the 1.1830 zone. The first major resistance is near the 1.1850 level. An upside break above the 1.1850 level might send the pair toward the 1.1920 resistance.
The next major resistance is near the 1.1950 level. Any more gains might open the doors for a move toward the 1.2000 level.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
EURUSD BULISH OR BEARISH DETAILED ANALYSISEURUSD has been playing out exactly as forecasted, now trading confidently above the key 1.17 handle. Price action has respected prior structure levels perfectly, with the recent bullish impulse forming clean higher highs and higher lows. After a minor corrective move and successful retest of the previous breakout zone, we’re now seeing continuation momentum build toward the 1.21 target. This pattern is a textbook bullish flag followed by a clean breakout and retest, confirming the strength behind this current upside leg.
Fundamentally, the euro has gained strength due to growing divergence between the ECB and the Fed. With inflation in the Eurozone stabilizing and recent data indicating a modest recovery in manufacturing and services PMI, there's increasing speculation the ECB may hold rates longer, while the Fed is seen leaning toward eventual rate cuts as US labor data softens. The June NFP miss and downward revisions in prior data have weakened the USD’s position, creating a favorable environment for EURUSD bulls.
The technical confluence with macro fundamentals is striking. Risk sentiment is improving across global markets as inflation fears ease and rate clarity emerges. The euro remains supported by strong capital inflows and demand for yield stability. Additionally, EURUSD has cleared multi-month resistance zones with conviction, signaling institutional interest and momentum-based positioning. The recent candle formations suggest buyers are in firm control.
We remain on track for the 1.21 level, which aligns with prior swing highs and a key Fibonacci extension target. Any pullback toward the 1.16–1.1650 region should be viewed as a high-probability buying opportunity. With the DXY under pressure and euro zone resilience improving, EURUSD continues to be one of the top-performing major pairs heading into Q3. Stay patient and ride the wave—this move has more room to run.
Bullish reversal?The Fiber (EUR/USD) is reacting off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 1.1684
Why we like it:
There is a pullback support.
Stop loss: 1.1652
Why we like it:
There is a pullback support that aligns with the 161.8% Fibonacci extension.
Take profit: 1.1738
Why we like it:
There is an overlap resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EUR/USD Weakens After Rising Wedge BreakdownAfter forming a rising wedge at the top of the upward channel, EUR/USD has broken to the downside. The price is now trading below 1.17813 and struggling to reclaim previous support zones.
The break of the wedge and failure to hold above 1.17813 may indicate more downside pressure.
EURUSD: Potential Trend Reversal BrewingEURUSD is exhibiting clear signs of a potential trend reversal, having recently broken its previous Higher Low and subsequently establishing a sequence of Lower Highs and Lower Lows. This shift in market structure from bullish to bearish is a strong indicator of weakening upside momentum. Further confirming this outlook, the RSI is displaying a notable bearish divergence, where price registers higher highs while the RSI prints lower highs, signaling diminishing bullish strength at these elevated price levels. Considering this confluence of technical factors, a potential short setup is present.
EURUSD – Breakout Confirms Bullish ContinuationEURUSD has just successfully broken out of a corrective triangle pattern, confirming that the bullish structure remains intact. The price reacted well to the support zone around 1.1660 and bounced back, opening the way toward the 1.1820 target in the short term.
On the news front, the euro is gaining support as the Eurozone’s July CPI held steady at 2.6%, indicating that inflationary pressures have not fully eased—this may prompt the ECB to maintain a tighter policy for longer. Meanwhile, the USD is under mild correction pressure after U.S. CPI came in higher than expected but not strong enough to reignite rate hike expectations from the Fed.
Given the current technical setup and news backdrop, EURUSD could continue rising in the coming sessions as long as it holds above the trendline support.
EURUSD Will Keep Growing!
HI,Traders !
#EURUSD is trading in an
Uptrend and the pair broke
The key horizontal level
Of 1.16370 and the breakout
Is confirmed so after a potential
Retest of the support cluster
Of the rising and horizontal
Support lines below we will
Be expecting a bullish continuation !
Comment and subscribe to help us grow !
EURUSD H1 I Bearish Reversal Based on the H1chart analysis, we can see that the price is testing our sell entry at 1.1745 which is an overlap resistance.
Our take profit will be at 1.1701, an overlap support level.
The stop loss will be placed at 1.1787, an overlap resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bull Flag PatternThe EURUSD is developing a bull flag pattern, and reinforced the pattern on the dip to the 1.1686 level, or 38% retracement. For bulls, this level will be critical to hold in the session ahead. A break back above the flag resistance at 1.1750 would reengage the dip buyers.
For the traders looking for a bigger US Dollar bounce, a move back below the 1.1686 level may open the door for a move back below the 1.1600 level.
Euro / U.S. Dollar - 2h Chart (OANDA)2-hour candlestick chart of the EUR/USD currency pair from OANDA, showing the exchange rate trend from late June to July 07, 2025. The current rate is 1.17774, with a 0.00200 (0.17%) increase. The chart highlights a recent trading range between 1.17774 (sell) and 1.17824 (buy), with a notable upward movement in the past few hours.
Long EURUSDThe uptrend on EURUSD remains intact, and buying opportunities are still the only viable option.
No major news is expected from the economic calendar this week.
Watch for the end of the current pullback and signs of a new bullish move.
The target is a breakout above the previous high, aiming for 1,1915.