EUR/USD) support level pullback Technical AnalysisHELLO 👋 Dear friend Euro USD Traders
Technical analysis of the EUR/USD (Euro vs US Dollar) on the 4-hour timeframe. Here's a summary of the idea and setup shown:H
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1. Key Levels:
Support Level: Around 1.1330–1.1280 — price has bounced from this level several times, indicating strong demand.
Resistance Level: Around 1.1427 — this is the immediate target zone.
Resistance Level 2: At 1.1570, the extended target area.
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2. Current Price Behavior:
Price is currently above the 50 EMA and near the middle of the range.
The chart projects a potential bullish move after a slight pullback toward the support level.
This projected move suggests:
A bounce off support.
A breakout above the immediate resistance at 1.1427.
Continuation toward the upper resistance at 1.1570.
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3. EMA Analysis:
EMA 50 (blue): Price is above it, suggesting short-term bullish momentum.
EMA 200 (red): Located much lower, confirming the overall longer-term bullish bias is still intact.
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4. Price Projection:
Target 1: 1.1427 (approx. +1.33% from breakout).
Target 2: 1.1570 (total gain approx. +2.5%).
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5. Trading Idea Summary:
Bullish Idea (Buy Setup):
Entry: Near support zone (around 1.1330–1.1280).
Targets: 1.1427 (TP1), 1.1570 (TP2).
Stop-loss: Below 1.1280, to protect against a breakdown.
Risk/Reward: Good potential, especially if entering near support.
Eurousd
EUR/USD) Big Support level Analysis Read The ChaptianSMC Trading point update
Technical analysis of EUR/USD on the 1-hour timeframe. The idea centers around a potential reversal from a major support zone, aiming for higher resistance targets. Here's a detailed breakdown:
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1. Big Support Level
A strong horizontal support zone is highlighted around 1.1275–1.1290.
Price is currently reacting off this level, suggesting a potential bullish reversal.
2. EMA 200 as Resistance
The 200-period EMA (~1.1346) is above current price, possibly acting as a dynamic resistance.
A break and hold above it could confirm bullish momentum.
3. Resistance Levels & Target Points
The first target is the 1.14367 resistance level, a clear supply zone.
The second target point is around 1.15622, aligned with a previous major high and strong resistance zone.
4. RSI Indicator
RSI is at 44.02, indicating neutral to slightly oversold conditions—this supports a potential bullish move, especially from support.
5. Forecast Path
The chart projects a likely pullback and breakout pattern:
Rebound from the support zone.
Break through EMA 200 and minor resistance.
Rally toward first and second targets.
Mr SMC Trading point
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Summary of the Idea:
This is a trend-reversal-to-continuation setup, with EUR/USD expected to rise from a key support area toward 1.14367, and potentially 1.15622, provided price holds above the support and breaks the EMA 200.
Pales support boost 🚀 analysis follow)
EUR /USD) bullish flag Analysis Read The ChaptianSMC Trading point update
This is a bullish technical analysis on the EUR/USD pair (2-hour chart), projecting a long opportunity based on price action and market structure.
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Key Elements of the Chart:
1. Strong Key Support Zone:
Marked around 1.09273, acting as a critical base.
Price previously reacted strongly from this level, confirming it as a high-probability support area.
2. Bullish Channel:
The pair is moving within an ascending parallel channel.
Price is currently rebounding off the lower channel trendline, suggesting upward continuation.
3. Breakout & Retest Pattern:
A small flag/pennant correction is shown after a strong bullish impulse.
Expected breakout from this flag will lead to continuation toward the upper resistance.
4. Target Zone:
1.12977 is marked as the final target point, around 2.55% (281.4 pips) away from the current price.
Previous high structure adds confluence to this target.
5. RSI (14):
RSI is hovering around 50.5, indicating neutral momentum but room for upside.
No clear divergence, but aligned with a possible bullish continuation.
6. 200 EMA (1.08501):
The price is above the 200 EMA, supporting the bullish bias.
Mr SMC Trading point
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Conclusion/Idea:
This analysis suggests a long setup on EUR/USD, with:
Entry idea near the key support (1.09273),
Bullish flag breakout in progress,
Target near 1.12977,
Risk management advised below support or lower channel.
Bullish Bias: Price structure, EMA support, and trend channel favor a long setup.
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Pales support boost 🚀 analysis follow)
EUR/USD Bearish Correction: Resistance Rejection & Support TargeTrading point update
This chart provides a technical analysis of EUR/USD on the 3-hour timeframe with key insights:
Analysis & Expectations
1. Overbought Condition & Rejection
Price reached a strong resistance zone (highlighted in yellow) around 1.11425 - 1.10751, leading to a sharp rejection.
The RSI is in the overbought zone (~68.43) and showing a downward slope, indicating a potential bearish correction.
Mr SMC Trading point
2. Expected Bearish Correction
A potential drop is expected toward the support level around 1.08501 - 1.07925, aligning with past price action.
The 200 EMA (1.07757) also serves as a significant support level, reinforcing a possible retracement.
3. Target Levels
Short-term Bearish Target: 1.08501 (Support level)
Key Support Zone: 1.07925 - 1.07757 (Near 200 EMA)
Conclusion
The analysis suggests a bearish retracement after the strong bullish move. Traders may look for short opportunities targeting the support level and 200 EMA while watching for confirmation signals before entering.
Pales support boost 🚀 analysis follow)
EUR/USD TRADE STEPUP :-Today Euro made it 4 months $1.04958 and also November 2023 euro made its low $ 1.04477 after multiple times tested this level.today euro made daily time frame on insider candle .if euro breaks yesterday high than much possibly euro can drive up side move to $1.06824 levels.
stay tuned with me for more updates:-
30 Min S2D long setup Bullish Setup on EUR/USD 4H Time Frame - Potential Buy Opportunity
Description:
In this trading idea published on TradingView, we present a compelling bullish setup on the EUR/USD currency pair, focusing on the 30-Min time frame. Traders and investors seeking potential buying opportunities in the forex market may find this analysis informative and valuable.
EURUSD buy Bullish Setup on EUR/USD 4H Time Frame - Potential Buy Opportunity
Description:
In this trading idea published on TradingView, we present a compelling bullish setup on the EUR/USD currency pair, focusing on the 4-hour (4H) time frame. Traders and investors seeking potential buying opportunities in the forex market may find this analysis informative and valuable.