Get started

#eurusd#forex

EUR/USD - After taking the highs, are the lows next?The EUR/USD currency pair is moving between two important price levels. The top level is 1.1454 and the bottom level is 1.1357. This means the price is staying inside a range. Yesterday, the price of EUR/USD went above the top level of 1.1454. By doing this, it triggered many stop-loss orders from traders who were expecting the price to go down. These traders had placed their stop-losses just above this level, and the market moved up to take them out. Current support of the 1H FVG Now, the price is starting to go down again. It is getting closer to the lower level of the range, which is around 1.1357. There is a chance that the market will go below this level as well. If that happens, it may take out the stop-loss orders of traders who are expecting the price to go up. These traders often place their stop-losses just below the low point of the range. When the market goes below the low, it collects liquidity. In simple words, it grabs the orders that are waiting there. Looking at the chart, we can see that EUR/USD has found some support at the 1-hour Fair Value Gap (1H FVG). This area is acting like a short-term floor for the price. If a full 1-hour candle closes below this support area, then the price will likely fall further. In that case, it may reach the bottom of the range and possibly move below it to take out more stop-losses. Why below support? But why would the market go below the low on purpose? The reason is that many retail traders, those are small traders who trade from home, often put their stop-losses just below the recent low. If the market moves there, it activates those stop-losses. These stop-losses are usually sell orders, and when they get triggered, it gives the market extra selling power. After collecting this liquidity, the market often uses the new buying interest (from other traders entering long positions) to push the price back up again. Conclusion So in summary, the EUR/USD is still inside a range. It has already moved above the top to take out stop-losses, and now it might go below the bottom to do the same. After that, there could be a strong move upward, powered by the new liquidity in the market. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
by Youriverse
4
EURUSD: Twin Channel Up structure aims for 1.14950.EURUSD is bullish on its 1D technical outlook (RSI = 59.016, MACD = 0.005, ADX = 22.852) as it maintains a bullish structure consisting of successive Channel Up patterns. We are currently on the 2nd, with the price supported by both the 30m MA50 and MA200. The 1st Channel Up peaked after a +1.29% rise. We remain bullish, aiming for a similar rise, TP = 1.14950. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
EURUSD 15 MIN Long📊 EUR/USD Smart Money Concept Trade Idea – 15-Minute Chart This setup highlights a textbook example of how market structure, liquidity grabs, and Fibonacci confluence can provide high-probability trade setups. 🔍 Breakdown: Support Respected (Left Side) Price previously respected a key support zone, leading to a strong bullish impulse. Previous Support → Resistance Flip Once price revisited this zone (marked in red), it failed to hold, indicating a shift in sentiment. This became a liquidity zone where early buyers got trapped. Liquidity Grab (Red Line) Notice how price dipped below the previous swing low, triggering stop-losses from buyers. This is a liquidity grab, a classic smart money move to fuel large buy orders. Structure Shift (Green Label) After the liquidity grab, price formed a higher high, indicating a potential shift in market structure from bearish to bullish. 50% Fibonacci Level (Green Line) The price then retraced perfectly to the 50% Fibonacci level of the bullish leg post-liquidity grab – a golden zone often used by institutions for entries. Re-Entry After Pullback The retracement to the 50 FIB level after the structure shift provided a low-risk, high-reward long opportunity, targeting the previous liquidity zone (blue line) as take-profit. Target & Stop Placement Entry: Around the 50 FIB level Stop: Below the liquidity grab low Take Profit: Near the previous liquidity zone (marked in blue), where many sell-side stops likely sit
Long
by bennymusters94
5
EUR/USD - Sweeping the highs, retracement following?The EUR/USD has experienced a steep and aggressive bullish run today, showing strong upward momentum across multiple timeframes. This impulsive move has led to a sweep of the recent highs, taking out key liquidity levels that were resting above previous swing points. In the context of smart money concepts and institutional trading models, such a move typically signifies the activation of buy-side liquidity, where stop-loss orders and breakout entries are triggered above a well-defined high. This behavior is often engineered by larger market participants to fulfill liquidity objectives before potentially reversing or retracing. During this strong bullish leg, the EUR/USD left behind a noticeable imbalance, commonly referred to as a Fair Value Gap (FVG), on the lower timeframes. This imbalance reflects an area where price moved too rapidly, leaving behind unfilled orders and creating a price inefficiency. Specifically, an FVG remains open around the 1.13700 level, a zone that was bypassed during the impulsive rally and now stands as a likely magnet for price in the near term. These imbalances are significant because price tends to revisit them to seek equilibrium and fill in the inefficient areas, especially after a major liquidity grab. The sweep of the highs was a classic liquidity-taking event. When price runs above a prominent high, especially one that's visible on higher timeframes like the 4H or daily, it often signals that buy stops (retail breakout entries or protective stops) have been targeted. Once these stops are taken, there is typically a shift in market behavior. The aggressive buyers have been filled, and institutional players may look to reverse or retrace price toward areas of unfilled orders, such as the aforementioned FVG. The market often transitions from a state of expansion (impulse move) to a state of rebalancing or consolidation, which opens the door for a pullback. Given that the liquidity above the highs has been taken and that the 1.13700 gap remains unmitigated, it becomes increasingly likely that EUR/USD will begin a retracement. This corrective move would serve to rebalance the price, revisit the inefficiency, and potentially test the validity of any newly-formed demand zones. From a technical standpoint, this area is crucial, not only because of the gap itself but also due to its positioning in relation to prior market structure. In summary, today’s bullish extension in EUR/USD accomplished a major liquidity objective by sweeping the highs. However, the move left behind a significant imbalance at 1.13700, suggesting that the pair could be due for a corrective pullback to fill the gap. Traders should monitor lower timeframes for signs of distribution, potential shifts in market structure, or bearish order blocks forming after the sweep. All of these could provide clues that the market is preparing to return to the gap and restore price efficiency. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Short
by Youriverse
16
EUR/USD Rises to 4-Week HighEUR/USD Rises to 4-Week High As shown on the EUR/USD chart today, the euro rose to a 4-week high against the US dollar this morning. The euro's strength relative to the US dollar is supported by traders’ expectations ahead of the ECB's interest rate decision, scheduled for Thursday at 15:15 GMT+3. This upcoming event is notable not only because the ECB is expected to cut rates from 2.40% to 2.15% (for the seventh consecutive time), but also due to the broader context shaped by ECB President Christine Lagarde’s recent remarks on the euro’s status as a reserve currency. At the same time, the US dollar is weakening amid growing trade concerns—on Friday, the US President Donald Trump announced plans to double tariffs on steel and aluminum to 50%. He also accused China of breaching the recent trade truce. Technical Analysis of the EUR/USD Chart Seven days ago, when analysing the EUR/USD chart, we: → observed bullish sentiment; → highlighted the importance of the 1.1400 resistance level; → suggested that bears might attempt to strike back. Since then, the price has pulled back from the mentioned level (as indicated by the arrow), but found support at the lower boundary of the ascending channel. The current bullish momentum could push EUR/USD towards the psychological level of 1.1500 during the week ahead. 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.
by FXOpen
EURUSD – The bearish threat is becoming increasingly clearRecently released PMI data shows that the U.S. manufacturing sector is rebounding. This dampens expectations of monetary easing from the Fed. With a stronger U.S. dollar and rising bond yields, USD-denominated assets like EURUSD are facing downward pressure. On the daily chart, EURUSD is approaching the resistance zone at 1.16438 – an area that has rejected prices before. The recent rebound appears to be losing strength, and the ascending trendline is at risk of breaking. If the price fails to hold above this trendline as illustrated, a breakout to the downside could drive the market toward the 1.10757 zone – which aligns with a previous strong support level. In summary: be cautious of a potential trend break. If a pattern of lower highs continues, sellers may soon take control.
Short
by Rocky_trade_
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? EURUSD is still trading below a key resistance zone, showing signs of weakness and lack of strong bullish momentum. At this stage, it seems unlikely that the pair will break above the resistance in the short term. We expect a downward correction toward the specified support levels, before any potential resumption of the uptrend. Despite short-term weakness, our long-term outlook remains bullish, and this pullback could offer a better entry opportunity in line with the broader trend. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
2
What's your view ( scenerio 1 or 2 ) --- 📈 EUR/USD Weekly Chart – Wave 4 in Progress? Wave 3 looks complete and price is now hovering in a key correction zone, hinting at the start of Wave 4. Two possible paths are unfolding: 🔴 Scenario 1: Shallow Wave 4 correction → breakout to Wave 5, targeting 1.16667 and beyond. 🔵 Scenario 2: Deeper Wave 4 correction → retest of demand zone near 1.08, followed by a strong Wave 5 rally. 🧠 Elliott Wave traders, it’s time to stay sharp! The reaction near the mid-box and support zone could define the next major move for the Euro. 💬 What’s your bias here — is this the start of Wave 5 or a fakeout before a deeper drop? Comment your view 👇 #EURUSD #ElliottWave #ForexWeekly #GreenFireForex #WaveAnalysis #TechnicalAnalysis #SupplyAndDemand ---
by Greenfireforex
EURUSD – Ready to Break the Psychological CeilingOn the D1 chart, EURUSD is maintaining a stable uptrend structure with higher lows and a well-respected trendline. Buying pressure continues to emerge around the EMA 34 support zone, indicating that the bulls remain in control. Currently, price is approaching the psychological resistance level at 1.16420 – an area that has rejected price multiple times in the past. However, a potential breakout pattern is forming: if the price can close decisively above this zone, the next target could extend to 1.17750. While waiting for a breakout confirmation, traders can watch for minor pullbacks toward the trendline or EMA to find entries aligned with the trend. The overall momentum still favors the buyers, as long as the 1.13490 level holds.
Long
by Rocky_trade_
2
EURUSD – Bullish trend at risk amid PCE and technical pressureEURUSD has just reached the 1.13860 resistance zone – a confluence with the previous peak and former supply area. A weak rebound and a rounding top pattern are gradually forming, indicating weakening buying momentum. The 34 and 89 EMAs on the H4 chart add further pressure from a technical perspective. If the price continues to be rejected at 1.13860, it may drop toward 1.12670 – which aligns with the ascending trendline support. A break below this level would confirm a clearer bearish trend. The upcoming Core PCE data is forecasted to rise – indicating inflation remains elevated. This raises the likelihood that the Fed will maintain high interest rates for longer, supporting the USD and weighing on EURUSD.
Short
by Rocky_trade_
EURUSD – Technical rebound, but bearish pressure still loomsAfter a sharp drop to the support zone around 1.12255, EURUSD has made a mild recovery and is now retesting the 1.13360 resistance area – which aligns with both the 34 and 89 EMAs. This confluence zone could trigger renewed selling pressure if price fails to break above. The 3-hour chart shows a zigzag-like recovery forming, but each new high is still lower than the previous one – indicating that the downtrend remains intact. If EURUSD continues to struggle at this resistance, it is likely to reverse and retest the 1.11910 support area. On the news front, markets are awaiting CPI data from both the Eurozone and the U.S. this week. If U.S. inflation comes in higher than expected, the dollar may continue to strengthen – increasing short-term downside pressure on EURUSD.
Short
by Rocky_trade_
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? EURUSD has pulled back to the broken trendline and is now trading below a key resistance zone. As long as the price remains below this resistance, we expect a short-term decline toward the specified support level. The rejection from this zone suggests a possible continuation of the down move. However, if price breaks and holds above the resistance zone, the bearish outlook will be invalidated. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
13
EURUSD – Holding the uptrend, eyes on support reactionEURUSD continues to move steadily within a clearly defined rising channel. After touching the channel bottom around 1.1305 (which aligns with the 89 EMA), price is showing a slight rebound and has a chance to form the next upward leg. Technical view: The bullish structure remains intact. As long as price holds this bottom area, there's a high probability of another push toward the resistance zone around 1.1428 – a level that was previously rejected. News factor: Market sentiment is now focused on upcoming U.S. Core PCE inflation data, which could influence expectations of a Fed rate cut and, in turn, impact the strength of the USD. Suggested strategy: Favor buying if price holds above 1.1305 – targeting 1.1428. If this level fails, the short-term uptrend may be challenged.
Long
by Rocky_trade_
4
EURUSD – Bouncing on trendline amid EU optimismEURUSD continues to hold a strong upward momentum within a short-term ascending channel. After retesting the channel bottom around the 1.1360 zone, price is showing signs of rebounding, and a "small double bottom" pattern appears to be forming. If confirmed, EURUSD may rally toward the resistance area at 1.1447. Factors supporting the bullish trend: Trump temporarily postponed the 50% tariff on EU goods until July 9 → Trade tensions ease, supporting the euro. Germany's Q1 GDP grew by 0.4% – above expectations → Boosts confidence in Eurozone recovery. The ECB aims to elevate the euro’s global role (digital euro, cross-border payment improvements). Potential scenario: If the 1.1360 zone holds (channel bottom + EMA support), there is a high chance that price will retest and break above the 1.1447 resistance.
Long
by Rocky_trade_
Deciphering EURUSD —Highest Level Since 2018 (1.40)This was a hard chart, I couldn't quite put my finger on it. I had to check multiple timeframes and several indicators, it was all mixed, plus, I had the geopolitical landscape in mind which made it even harder. All is clear after looking at the monthly timeframe. The weekly and daily MACD were also of help. MA200 revealed the trend. The RSI as well. Here is the conclusion: The Euro is going to rally against the dollar. Next long-term target is 1.40 as shown on the chart. There will be a strong rise on this pair. Current monthly candle is quite revealing, this month will close ultra-strong, super bullish signal. Four months closing green. Rising volume. I don't know how you trade this stuff but the trend is up. Betting with the trend can increase positive results. EURUSD is going up. Up, up, up, up, up, up, up. Namaste.
Long
by MasterAnanda
1