EURUSD Outlook
Fundamental Overview:
The U.S. Dollar has found a temporary reprieve from selling pressure as volatility settles and investors await clarity on trade tariffs. While market sentiment remains cautious, the dollar is benefiting from improved optimism around U.S. economic stability.
Technical Overview:
EURUSD remains in a bearish zone as long as it trades below 1.1380.
If the price stays under this level, it could drop toward 1.1262 and 1.1200, supported by the stronger dollar outlook.
Bullish Scenario:
A break and close above 1.1380 may lead to a test of 1.1450.
Breaking this resistance would confirm a shift toward a bullish trend targeting 1.1536 and possibly 1.1590.
Key Levels:
• Pivot Line: 1.1380
• Support: 1.1262 / 1.1236 / 1.1194
• Resistance: 1.1450 / 1.1536 / 1.1590
Fundamental Overview:
The U.S. Dollar has found a temporary reprieve from selling pressure as volatility settles and investors await clarity on trade tariffs. While market sentiment remains cautious, the dollar is benefiting from improved optimism around U.S. economic stability.
Technical Overview:
EURUSD remains in a bearish zone as long as it trades below 1.1380.
If the price stays under this level, it could drop toward 1.1262 and 1.1200, supported by the stronger dollar outlook.
Bullish Scenario:
A break and close above 1.1380 may lead to a test of 1.1450.
Breaking this resistance would confirm a shift toward a bullish trend targeting 1.1536 and possibly 1.1590.
Key Levels:
• Pivot Line: 1.1380
• Support: 1.1262 / 1.1236 / 1.1194
• Resistance: 1.1450 / 1.1536 / 1.1590
Trade active
#EURUSD Technical Update – Bearish Rejection at PivotYesterday's idea played out cleanly ✅
The price dropped around 120 pip from the top of the resistance zone near 1.1450, reaching as low as the 1.1325 area, before a slight bullish bounce.
Currently, EURUSD is still respecting the pivot line at 1.1380 as resistance. The pair is consolidating below the pivot after failing to break it again, signaling continued bearish pressure.
As long as the price stays below 1.1380, we expect the market to retest 1.12620 – the key support zone.
A clean break and close below this zone could accelerate the drop toward 1.1190 and potentially 1.1080.
If bulls manage to reclaim 1.1380 with a strong 1H/4H close above, we could see a bullish correction back to 1.1450, with a chance to extend toward 1.1535 if momentum holds.
Key Levels
Pivot Line: 1.1380
Resistance: 1.1450 / 1.1535 / 1.1590
Support: 1.1262 / 1.1194 / 1.1082
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.