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Eurusdprediction

EUR/USD Potential Rejection from ResistanceTechnical Overview: The EUR/USD chart exhibits signs of a bearish reversal pattern forming near a key resistance zone (1.15800 - 1.16000), highlighted with repeated rejection wicks (🔴 red arrows). Price is currently trading at 1.15222, after failing to hold above the neckline of the rounded bottom pattern. 🔍 Key Observations: 🔺 Resistance Zone: Strong resistance has been confirmed multiple times (red arrows), indicating sellers are active at the top. 🟠 Double Top / Head & Shoulders Behavior: Price action shows topping formations (highlighted with orange circles), suggesting exhaustion of bullish momentum. 📉 Bearish Breakdown Possibility: Price rejected near neckline and is showing bearish candle formations. Breakdown from the current consolidation zone could push price toward the target zone at 1.14491, marked in purple. This aligns with previous support structure, reinforcing a technical downside projection. 🔻 Support Zone: Around 1.13800 - 1.14000 is a strong area of demand and may act as the next bounce point if the bearish move continues. 📐 Chart Pattern Structure: Rounded bottom formed earlier, but the failure to continue higher and breakout suggests a false breakout trap for buyers. Downward sloping trendline broke, but now price is struggling to sustain above previous highs. 📌 Conclusion: ⚠️ Caution for bulls as price shows signs of weakness at resistance. A move below 1.15000 may initiate further downside toward 1.14491 and possibly lower. Short-term traders can watch for confirmation candles near this zone for entries. 📅 Short-Term Bias: Bearish 🎯 Target: 1.14491 ⛔️ Invalidation: Strong breakout above 1.16000
Short
by MrStellanSight
EUR/USD 4H Analysis – Bearish Outlook with Key Levels📉 EUR/USD 4H Analysis – Bearish Outlook with Key Levels 📊 🔍 Overview: The EUR/USD pair on the 4-hour chart is showing signs of a potential bearish reversal after testing a strong resistance zone near 1.16000. Price action has rejected this area twice (🔴), confirming it as a significant supply zone. The chart now suggests a descending move toward the strong support zone around 1.12000. 🔑 Key Levels: 🟡 Resistance Zone: 1.15700 – 1.16000 Multiple rejections indicate strong selling pressure. 🟦 Mini Support: Around 1.14550 A minor level where price could react short-term, but not a major barrier. 🔻 Mid-Level Target: 1.13653 Potential bounce zone before continuation downward. 🟥 Strong Support Zone: 1.11500 – 1.12200 Previously held as a launch point for a major rally in May; likely to be tested again. 📈 Scenario Outlook: Bearish Path Expected: Price is forming a series of lower highs and appears to be losing bullish momentum. Target Path (Blue Arrows): A potential drop toward the 1.13653 level is expected, followed by a deeper drop toward the strong support. Rebound Possibility: If the strong support holds, we could see a strong bullish bounce 🔄, potentially creating a longer-term buying opportunity. 💡 Conclusion: EUR/USD is currently in a correction phase. Traders should watch for a confirmed break below 1.14550 for bearish continuation 📉. A drop to the 1.12000 zone may offer a high-probability reversal setup 📊📍. 🔔 Trading Tip: Use caution around mini support; aggressive sellers may enter on any weak bounce. Wait for confirmation before entering positions. 🧠📉
Short
by VikingFx-Community
EUR/USD Bearish Reversal in Channel EUR/USD Bearish Reversal in Channel 📉🔻 📊 Technical Analysis Overview: The EUR/USD pair is showing clear bearish pressure after hitting a key resistance zone near 1.16500, which aligns with the upper boundary of the ascending channel 📐. 🔺 Resistance Area: Price reacted strongly to the 1.16500–1.16000 resistance zone (marked with red arrows ⬇️). Double rejection near this level confirms seller dominance. 📉 Bearish Structure: Price is forming lower highs, suggesting weakening bullish momentum. The current pattern implies a potential head and shoulders or rising wedge breakdown. 🎯 Target Levels: Primary Target: 1.13560 🔽 (short-term key support marked in purple). Extended Target: 1.12000–1.12500 zone 🧲 (major support area at the lower boundary of the channel). 📎 Support Zone: Historical bounce region around 1.12000–1.12500 is a strong demand area. 🔍 Conclusion: If price breaks below 1.13560, it opens the path for a deeper drop toward the broader support range. Traders should monitor for confirmation signals below that level 📉🚨. ⚠️ Recommendation: Bearish bias remains valid unless price breaks back above 1.15500. Look for pullbacks for short entries. Tight risk management advised! 💼📉
by MrStellanSight
EURUSD - FALSE BREAKOUT MAY TRIGGER CORRECTIONSymbol - EURUSD CMP - 1.1431 EURUSD is appreciating amid a weakening US dollar. However, the pair is facing significant resistance and exhibiting signs of a false breakout, which may precede a corrective movement. EURUSD is currently testing a key resistance zone within a distribution phase and displaying characteristics of a potential false breakout. While the broader market structure remains bullish - evidenced by the pair breaching local resistance and establishing new highs. The failure to sustain upward momentum and the price consolidating below the 1.1418 level may act as a catalyst for a correction. Concurrently, the US dollar is approaching a support level and may initiate a rebound, exerting downward pressure on EURUSD. Resistance levels: 1.1440, 1.1424, 1.1418 Support levels: 1.1384, 1.1343 Should the currency pair fail to establish a firm position above 1.1424 during the ongoing resistance retest, the likelihood of a downward consolidation increases, potentially presenting an opportunity for short positioning. The anticipated correction could extend toward the identified support zones before the broader uptrend resumes.
Short
by akshit_official
EUR/USD4H Bearish Trade Setup Supply Zone Rejection with 3:1 RRR🔷 Trend Overview 📈 Price was in a rising channel (trend line + support line). ❌ Channel broken on downside → potential trend reversal. 🟧 🔼 Supply Zone (Sell Area) 📍 Zone: 1.13707 – 1.14432 🟠 Price faced rejection here. 💡 Institutional selling likely in this zone. 🔥 This is the ideal short-entry area. 🟦 🔽 Entry Point 🎯 Entry: Around 1.13694 🧩 Sits just below supply zone = safer trigger. ✅ Wait for a bearish confirmation candle before entering. 🟨 Support Level 📉 Support Zone: ~1.13100 – 1.13400 📊 Recently broken with a strong bearish candle. 🧱 Used to act as a floor, now may act as resistance. 🟩 🎯 Target Point ✅ Take Profit: 1.10970 📎 Matches previous structure support. 💰 Lock in profits before the psychological level at 1.1100. 🟥 ⛔ Stop Loss ❌ Stop: 1.14419 📏 Placed above the supply zone for protection. 🛡️ Shields from false breakouts or spikes. ⚖️ Risk-to-Reward Ratio (RRR) 💡 Approx. 3:1 ✅ 📉 Risk: ~70 pips 📈 Reward: ~270 pips 🔥 High-probability setup 📌 EMA (Exponential Moving Average – 70) 📍 EMA 70 at 1.13102 🔻 Price is below the EMA → favors bearish momentum 🧠 Pro Tips: 🔍 Watch for bearish engulfing or rejection candles at the entry zone. 🗓️ Be aware of major news events (ECB, Fed). 🧮 Adjust lot size for risk management (based on SL size). ✅ Summary: 🧩 Element 📊 Value Trade Type 🔻 Short (Sell) Entry Point 📌 1.13694 Stop Loss ⛔ 1.14419 Take Profit 🎯 1.10970 RRR ⚖️ ~3:1 Sentiment 📉 Bearish
Short
by Jameshead007
EUR/USD 4H Chart Analysis – May 29, 2025🔍 Market Structure Overview Current Price: 1.12753 Key Zone: Price is hovering at a critical resistance-turned-support area. 🧱 Key Levels Resistance Zone: 1.15639 (🔝 Main Target) Support Zone: 1.10736 (🔻 Main Target) Intermediate Zones: Target One (Bullish): 1.14139 📈 Target One (Bearish): 1.11687 📉 🔄 Scenario Outlook 📈 Bullish Scenario: If price holds above the 1.1275 zone, we could see a climb towards: 1.14139 (minor target) 1.15639 (major resistance & final target) 🚀 Breakout above could indicate continuation of higher highs. 📉 Bearish Scenario: Failure to hold above 1.1275 could push price lower: First support at 1.11687 Final drop towards 1.10736 support zone 🪓 Breakdown could confirm lower low structure. 🧠 Conclusion This is a decision point zone. Wait for confirmation before jumping in. A strong bullish or bearish candle at this level will dictate the next move. Risk management is key here! 🎯
by VikingFx-Community
EUR/CAD Bearish Setup – Supply Zone Reversal Trade Plan"Trend: ⬆️ Uptrend (past) → 🔄 CHoCH (Change of Character) → ⬇️ Potential Downtrend 1. Pattern Formed: 📐 Rising Wedge → Bearish Reversal Pattern ➡️ Price broke structure at the bottom = CHoCH ⚠️ 2. Supply Zone: 🟧 Supply Zone = 1.56580 - 1.56602 🔄 Price may pull back here before dropping 📍This is your ENTRY ZONE 3. Trade Setup: 🔵 Entry Point: * 1.56580 (Inside Supply Zone) ❌ Stop Loss: * 1.57176 * Just above swing high & supply zone 🛑 ✅ Take Profit Target: * 1.54370 * Strong previous support zone 💰 4. Indicators: 📉 EMA (47) = Acting as resistance * Price is currently below EMA ➡️ Bearish signal TRADE PLAN OVERVIEW: * 🎯 Entry: 1.56580 * ⛔ Stop Loss: 1.57176 * 💸 Take Profit: 1.54370 * ⚖️ Risk/Reward Ratio: 1:3 (Great!) Summary: * Wait for rejection or bearish candle in supply zone * Enter short * Ride it down to the target * Manage risk smartly ✅
Short
by Jameshead007
EUR/USD Bullish Trade Setup – Demand Zone to 1.15000 TargetTrend Overview: ↗️ Uptrend Channel Support Line (Bottom of channel): Holding the upward price movement. Resistance Line (Top of channel): Price touches and retraces — a key watch level. Key Zones: 🟦 Demand Zone (BUY Area) 🟢 1.12468 – 1.12987 Strong support. Price may bounce from here if retested. Buyers likely to activate here. 🟥 Resistance Zone 🔴 Around 1.13575 Price faces selling pressure. If broken, could signal a bullish continuation. Entry & Exit Strategy: 🎯 Target Point: 1.15000 (Marked in blue above) 🚀 Bullish Target Above the resistance, indicating breakout potential. 📍 Entry Point: 1.12987 – 1.13106 Slightly above the demand zone. 🛑 Stop Loss: 1.12478 Just below the demand zone for risk control. EMA (70) Line: 📈 Currently at 1.13106 Price is trading above the EMA = bullish signal. Scenario Summary: Bullish Setup ✅ Wait for a pullback into the demand zone ✅ Enter near the blue entry area ✅ Target the 1.15000 zone ✅ Risk managed by stop-loss just below demand zone
Long
by Jameshead007
2
EUR/USD Bearish Setup: Supply Zone Rejection Toward1.0900 Target(Swing Trade Setup) 📉 Trendline + CHoCH Confirmation 🔻 Downtrend marked by a falling blue trendline. 🔄 CHoCH (Change of Character) shows a bearish market structure shift, confirmed by a lower low. 🟦 Supply Zone (Sell Zone) 💥 Strong seller reaction previously occurred between: 1.12956 – 1.13896 🔹 Wait for price to retrace into this zone. 🎯 Ideal for short entries. 🎯 Entry & Stop-Loss 🔵 Entry Point: Around 1.12956 – 1.13005 (below supply zone and EMA) 🛑 Stop Loss: 1.13896 – 1.13929 (above the last high + supply zone) 🟦 EMA 70 (Purple Line) 📈 Currently at 1.13051 Acts as dynamic resistance — strengthening the short setup. 🏁 Target Zone 🎯 Main Target: 1.09000 Marked as TARGET POINT 1.0900 🟦 Support Levels Inside Target Zone: 1.09229 1.09150 1.08814 ✅ Summary of Trade Idea 📍 Short Position ⬆️ Entry: ~1.13000 🛑 Stop Loss: ~1.13900 ⬇️ Take Profit: ~1.09000 ⚖️ Risk-to-Reward: ~1:3+ potential
Short
by Jameshead007
1
EUR/USD Buy Setup1. Entry Point: Marked at: 1.12243 This is the suggested price level to enter a long (buy) trade. 2. Stop Loss: Set at: 1.11542 Placed below a support zone, it limits the downside risk if the trade moves against the position. 3. Target Points: EA Target Point One: 1.13891 EA Target Point (Final): 1.15929 These levels are profit-taking zones, with the first being a conservative target and the second being a more extended move. 4. Technical Indicators: Moving Averages: A red shorter-term moving average (possibly 20 EMA) A blue longer-term moving average (possibly 200 EMA) Price is currently below both, indicating bearish momentum, though the long setup is anticipating a reversal. 5. Support/Resistance Zones: Purple Zones: Highlighted as key demand and supply areas. The lower purple zone supports the entry and stop-loss area. The upper purple zones mark resistance areas aligning with the target levels. 6. Current Price: Around 1.12459, slightly above the entry zone. Conclusion: This setup is a bullish trade idea with a clearly defined: Entry (1.12243), Stop-loss (1.11542), and Two take-profit levels (1.13891 and 1.15929).
Long
by EA_GOLD_MAN_COPY_TRADE
EUR/USD Long Trade Setup – Buy Zone at 1.12757 with Targets at 11. Entry Point: 1.12757 is marked as the proposed buy entry zone, situated at the bottom of a consolidation range. The price is currently just above this level, suggesting a potential reversal setup is forming. 2. Stop Loss: Placed at 1.12413, which is below the support zone. This protects the position if the price breaks down further. 3. Target Points: EA Target Point One: 1.14207 – this is the first take-profit target, aligned with a previous resistance zone. EA Target Point: 1.1582 – this is the extended target, aligned with a stronger resistance area from a prior high. 4. Risk-to-Reward Consideration: Risk: From 1.12757 to 1.12413 (approx. 34 pips). Reward 1: Up to 1.14207 (approx. 145 pips). Reward 2: Up to 1.1582 (approx. 306 pips). This gives an excellent risk-to-reward ratio (>4:1 to the first target, >9:1 to the second target). 5. Market Context: Price is trading below both the 50-period (blue) and 20-period (red) moving averages, indicating bearish short-term momentum. However, this strategy anticipates a bounce off support, possibly a reversal or correction to the upside.
Long
by EA_GOLD_MAN_COPY_TRADE
EUR/USD Bullish Reversal Setup – Demand Zone to Target 1.15646🔍 Current Price: 1.13414 📉 EMA (70): 1.13334 Price is slightly above the EMA → Bullish hint ✅ Key Zones & Levels 🟦 Demand Zone: 📍 1.12441 ➡️ 1.12985 Strong buying interest here! Price bounced from this zone → 📈 Possible reversal 🔵 Entry Point: 1.12985 🛑 Stop Loss: 1.12441 🎯 Target: 1.15646 Trendline Watch 📉 Descending trendline is being tested/broken 🟠 If price holds above the trendline + EMA → CONFIRMATION for long entry ✅ Trade Setup Buy Entry: 1.12985 TP: 1.15646 🎯 SL: 1.12441 🔻 Risk–Reward Ratio: ~ 1:4.8 ⭐️⭐️⭐️⭐️⭐️ Visual Flow: 🔵 Demand Zone ⬆️ Break EMA & Trendline ⬆️ 🎯 Target Zone (1.15646) Summary: Looks like a sweet bullish setup from the demand zone! If price stays above EMA and trendline → Go Long ✅
Long
by Jameshead007
"EUR/USD Bullish Setup: Demand Zone Bounce with 205+ Pip Target Current Price: 1.13894 ⚪️ (hovering just above EMA) Zones & Key Levels: 🔵 Demand Zone (Strong Buy Area) ▪️ 1.13059 – 1.13580 Price bounced here! ➡️ Buyers stepping in! ⚫ Support (Old Resistance, New Support) ▪️ Just above 1.13580 ➡️ Important to hold this level for bulls 🟠 Stop Loss ▪️ 1.13059 ⚠️ Break below = trade invalid 🎯 Target Point ▪️ 1.15646 🚀 Big upside potential! (~205 pips gain) Indicators: 📈 EMA (9) = 1.13580 ▪️ Price is above it → Bullish sign Setup Summary: 📍 Entry: Around 1.1389 ⛔ Stop Loss: Below 1.13059 🎯 Target: 1.15646 ⚖️ Risk-Reward Ratio: 1:2.5+ — Great setup! Bullish Bias If price keeps climbing from the demand zone ⬆️ Expect continuation toward 1.15646 But if it breaks down... ⬇️ Watch out below 1.13059
Long
by Jameshead007
2
EUR/USD 1H Trade Setup: Bullish Breakout in PlayCurrent Setup: Price: 1.15083 EMA (7): 1.15164 (acting as dynamic support) Trend: Bullish momentum forming. Entry Zone RBR Zone (Rally-Base-Rally) 🔵 Entry Point: 1.14958 🟦 Demand zone indicates bullish interest 📍 This is where buyers previously stepped in Stop Loss Zone 🔻 Stop Loss: 1.14420 ❗ Placed below the base of the RBR zone 🛡️ Protects against false breakouts. Resistance Zone 🔴 Resistance: Around 1.15500 ⚠️ Sellers may push back here ⏳ Waiting for a breakout confirmation. Target Zone 🎯 Target Point: 1.17000 🚀 Bullish breakout goal ✅ Previous resistance level & profit zone. Visual Trade Plan Summary: 🔽 Entry: 1.14958 ❌ Stop Loss: 1.14420 ✅ Take Profit: 1.17000 Quick Dotted Recap: * Entry at demand zone 🔵 * Tight stop loss for risk control 🔻 * Bullish bias with upside potential 🚀 * Wait for candle close above resistance 🔴 before entering aggressively
Long
by Jameshead007
"EUR/USD Bullish Breakout & Retest Setup – Targeting 1.10955Instrument: EUR/USD Timeframe: 30-Minute Indicators Used: EMA 30 (Red): 1.09821 EMA 200 (Blue): 1.09698 Key Levels Identified: Entry Point: 1.09695 Stop Loss: Around 1.09067 Resistance Zone: ~1.09911 Target Zone: ~1.10918 to 1.10955 Projected Gain: ~147.3 pips (1.35%) Price Action Analysis: Bullish Breakout: The price broke out from a consolidation zone (marked in purple). A bullish trend is forming as price moves above the 200 EMA. EMAs Alignment: The 30 EMA is currently above the 200 EMA, indicating a potential bullish trend continuation. However, price is slightly below the 30 EMA now, suggesting some short-term pullback or resistance. Retest at Entry Zone: Price retested the entry zone at 1.09695 after the breakout and is now hovering near it. This retest is healthy for confirming support before another move up. Trade Setup Insight: Entry Strategy: A long (buy) entry at or around 1.09695. Stop Loss Placement: Below the previous support zone near 1.09067 to manage risk. Target Strategy: Aiming for the resistance zone around 1.10918–1.10955 for profit booking. Conclusion: This looks like a bullish continuation setup with a favorable risk-reward ratio. The confluence of: EMA support, Price structure (breakout & retest), and defined resistance/target zone
Long
by EA_GOLD_MAN_COPY_TRADE
EUR/USD Short Setup – Entry at Resistance, Targeting 1.08942"Entry Point: ~1.10456 Resistance Point: ~1.10151 Stop Loss: ~1.10833 Target Point: ~1.08942 Risk/Reward: Risk: ~37.7 pips Reward: ~111.4 pips Approx. R:R = 1:3 Indicators Used: EMA 30 (red): ~1.09966 EMA 200 (blue): ~1.09607 Price is currently above both EMAs → Generally bullish in the short term, but you seem to be anticipating a reversal from resistance. Setup Type: This appears to be a sell setup based on price reaching a key resistance area with rejection signs, possibly a fake-out above resistance before a move down to the target. ⚠️ What to Watch For: Confirmation Candle: If you're not in the trade yet, look for strong bearish confirmation below resistance to validate the short. Stop-Loss Placement: It’s placed above the last high in the purple zone – a good defensive move. EMA Alignment: Since price is above both EMAs, you’re trading against the trend – more aggressive, so extra confirmation is crucial.
Short
by EA_GOLD_MAN_COPY_TRADE
1
EUR /USD) bearish trand analysis Read The ChaptianSMC Trading point update This chart presents a technical analysis of the EUR/USD pair on a 1-hour timeframe. Here's the breakdown and idea behind the analysis: Chart Analysis Summary: 1. Trend Structure: The price was in a downtrend, moving within a descending channel. Recently, the price has rejected the upper boundary of the channel (noted as "down reject"). There's a 200 EMA (Exponential Moving Average) acting as dynamic support around the 1.09086 level. Mr SMC Trading point 2. Support Zone: A strong demand zone (highlighted in yellow) is visible near the 1.08183 area. This zone aligns with previous structure support and a potential reversal point. 3. RSI Indicator: RSI is around 49, showing a neutral to slightly bearish momentum. No overbought/oversold signals yet, suggesting room for further downside before a reversal. 4. Projection Idea: The analyst expects a possible short-term drop into the yellow support zone (target: 1.08183). After reaching the target, a bullish reversal is anticipated, aiming for a breakout above the downtrend with a rally towards the 1.10500+ zone. Trading Idea: Short-Term Bearish Move: Sell toward 1.08183 if price confirms rejection of the trendline or 200 EMA. Medium-Term Bullish Reversal: Watch for bullish confirmation (e.g., engulfing candle, RSI divergence) at the 1.08183 zone to go long toward higher highs. Pales support boost 🚀 analysis follow)
Short
by SMC-Trading-Point
EUR/USD Short Trade Setup – Key Resistance Rejection & Bearish TEntry Zone: The entry for the short trade is around 1.08405 - 1.08412. The price is expected to rise into this area before reversing downward. Stop Loss: Positioned at 1.08760 - 1.08770, above the resistance zone marked in purple. This ensures the trade is invalidated if price moves too high. Take Profit Levels (TP): TP1: 1.07987 TP2: 1.07620 TP3: 1.07107 Final Target: 1.06604 Indicators Used: 200 EMA (Blue Line): At 1.08405, acting as resistance. 30 EMA (Red Line): At 1.08086, showing short-term trend direction. Overall Trade Idea: Price is expected to reject the 1.08412 resistance zone and move downward. If the price respects the resistance, a strong bearish move toward the 1.06604 target is anticipated. Potential Trade Plan: Sell at: ~1.08405 Stop Loss: ~1.08760 Take Profit: Staggered at TP1, TP2, TP3, or full exit at 1.06604.
Short
by EA_GOLD_MAN_COPY_TRADE
EUR/USD Bullish Breakout – Trade Setup & AnalysisTrendline Breakout 🔹 Price has broken above a descending trendline, signaling a bullish move. 📊 Trade Setup: 🟢 Entry Point: 1.08621 🟡 TP1: 1.08895 🔵 Target: 1.09612 🔴 Stop Loss: 1.08270 📈 Market Outlook: ✅ Bullish bias as long as price stays above 1.08621. 🚀 If momentum holds, the next key resistance is 1.09190, followed by the final target at 1.09612. ⚠️ Risk Managed: Stop-loss at 1.08270 to limit downside risk. 🔎 What to Watch: 🟠 If price retests 1.08621 and holds, it may be a good buy confirmation. 🔺 Breaking 1.09190 could trigger more upside momentum.
Long
by Jameshead007
3
EUR/USD SET FOR A BREAKOUT? KEY LEVELS TO WATCH!📌 Technical Analysis The EUR/USD pair is currently trading within a well-defined ascending channel on the H4 timeframe, indicating a potential bullish breakout. Here are the key insights from the chart: Trend Outlook The pair remains in an uptrend, currently hovering around 1.0896. Resistance at 1.0931 is crucial—if broken, the price may surge toward the 1.0989 target. Support & Resistance Levels Key Support Zones: 1.0853 - 1.0875 Key Resistance Zones: 1.0931 - 1.0989 Possible Scenarios If EUR/USD holds above 1.0875, a push toward 1.0931 is likely. A breakout above 1.0931 could drive the price to 1.0989. Conversely, if the pair fails to hold support at 1.0875, it could retrace to 1.0853 before rebounding. Market Signals Current Trend: Bullish Breakout Potential: A confirmed break above 1.0931 could accelerate bullish momentum. Candle Structure: Price consolidation suggests a strong move is coming—either an upward breakout or a short-term pullback before resuming the uptrend. 📊 Fundamental Analysis FED & Interest Rate Impact The upcoming FOMC meeting is a key event this week, as traders expect the Fed to hold interest rates steady. A dovish stance from the Fed could weaken the USD, pushing EUR/USD higher. However, if the Fed signals a potential rate hike, the USD may strengthen, pressuring EUR. Eurozone Economic Factors The European economy remains fragile, but if upcoming inflation & GDP data show signs of recovery, EUR/USD could continue rising. Weak economic data, however, might result in downward pressure on the euro. Geopolitical Influence Recent geopolitical tensions, including US-Iran relations and global trade risks, could impact market sentiment. If uncertainty rises, USD may regain strength, potentially limiting EUR/USD gains. 🎯 Trading Strategy & Key Takeaways ✅ Overall Bias: Bullish ✅ Support Levels: 1.0853 - 1.0875 ✅ Resistance Levels: 1.0931 - 1.0989 ✅ Preferred Setup: Buy near 1.0875, targeting 1.0931 and possibly 1.0989 if a breakout occurs. Watch for pullbacks before confirming entry points. ⚠ Risk Management Alert! A break below 1.0853 may trigger further declines—watch price action closely. Stick to TP/SL and adapt to market volatility, especially with major economic data releases. 📢 What’s your take on EUR/USD? Will it break out or consolidate further? Drop your thoughts below! 🚀🔥
Short
by MMFlowTrading
Monstrous Volatility following Tariffs and NFP ForecastsHello Traders, It's that time of the month! :D Not what you are thinking.. But It's NFP Week! What an eventful week it's been already for the Euro. 450 Pips and we still have 3 more trading sessions to complete. I looked back two years and still did not find a week of matched volatility. A Major upside push has seen EurUsd tear it's way back from the depths of near Par (1.04) to well back inside the Monthly range between 1.104 and 1.056. Trump Tarriff speeches, and fueled further by weak U.S. ADP data on Wednesday has given the Euro a monstrous exscuse to gain more value than it's seen in Years aginagst the dollar. Prepare for a wild end of the week with Jobs data forecasted to improve slighlty across the past data point. What prices do we like moving into NFP day? -Bullish targets are a tap into 1.08740, Weekly Resistaance Level -Bearish targets could be 1.074 Otherwise we have some 1hr and 4hr Zones in the middle which could provide good risk/reward trade ideas. Please leave a Rocket if you enjoyed and Follow for more Analysis.
Long
by ShrewdCatfx
EURUSD - PRE BREAKOUT CONSOLIDATION - ASCENDING TRIANGLESymbol - EURUSD CMP - 1.0485 The EURUSD pair continues to display bullish signals, suggesting the potential for sustained upward movement. However, significant resistance lies ahead, and the market is currently undergoing a pre-breakout consolidation phase. The U.S. dollar is experiencing a corrective phase, influenced by economic data, domestic political developments, and indications from both President Trump and Federal Reserve Chairman Jerome Powell regarding the possibility of an imminent interest rate cut. The euro is benefiting from the weakening dollar, though the duration of this trend remains uncertain, particularly in the context of the ongoing trade tensions between the U.S. and Europe. From a technical perspective, the current chart suggests a bullish outlook. An ascending triangle is forming within the prevailing uptrend, generally indicative of market optimism. Key focus is placed on the pattern’s base, with resistance located at the 1.0530 level. Support levels: 1.0450, 1.0400 Resistance levels: 1.0530 Should the dollar continue its downward trajectory, the pair is poised for potential growth. A retest of the trend support level, possibly marked by a false breakout, could occur before a decisive breakout. A successful breakout and sustained consolidation above the 1.0530 resistance level may trigger further upward movement.
Long
by akshit_official