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Eurusd-4

EURUSD consolidation ahead of US & EU tariff discussion Trend Overview:The EUR/USD currency pair remains in a bullish trend, supported by a prevailing uptrend. The recent intraday price action suggests a corrective pullback towards a newly formed support zone, previously a resistance level. Key Levels to Watch: Support Levels: 1.0755 – Previous resistance turned support, key level for potential bounce. 1.0700 – Secondary support level if 1.0755 fails. 1.0600 – Stronger support in case of extended retracement. Resistance Levels: 1.0914 – Initial resistance level on the upside. 1.1013 – Next target if bullish momentum continues. 1.1070 – Long-term resistance and key breakout point. Market Sentiment & Price Action:The recent corrective pullback aligns with normal market fluctuations within an uptrend. A bullish bounce from the 1.0755 support level could trigger an upside move, targeting the 1.0914 resistance level and potentially extending towards 1.1013 and 1.1070 over a longer timeframe. Alternatively, a confirmed loss of the 1.0755 support, accompanied by a daily close below this level, would weaken the bullish outlook. This could lead to further downside pressure, potentially testing the 1.0700 level, with an extended decline towards 1.0600 if selling pressure intensifies. Conclusion:The EUR/USD pair remains in a bullish structure as long as the 1.0755 support holds. A successful bounce from this level would reinforce the uptrend, targeting higher resistance zones. However, a decisive break below 1.0755 and a daily close under this level could shift sentiment bearish, leading to further downside retracement. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
US PMI Strength Drives Dollar HigherEUR/USD is trading at $1.08 as the U.S. dollar strengthens on solid U.S. services PMI data, which signaled economic resilience and pushed yields higher. Confidence in the dollar was further enabled by Trump’s remarks suggesting not all April 2 tariffs will be implemented, with possible exemptions for some countries. Meanwhile, the euro is under pressure as its recent rally fades and Eurozone economic signals weaken, keeping EUR/USD on a downward path driven by dollar strength. Key resistance is at 1.0860, followed by 1.0950 and 1.1000. Support stands at 1.0730, with further levels at 1.0660 and 1.0600.
by ChartMage
+250 pips EURUSD XABCD Short From Resistance ADVANCED🔸Hello traders, let's review the 12 hour chart for EURUSD. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/B. 🔸Speculative XABCD structure defined by point X 1140 point A 0240 point B 0935 point C 0425 point D/PRZ 1390 still pending. C also pending. 🔸Advanced short from point B targeting point C of the sequence. Higher risk trade setup, use protective SL and adjust to PE at +50 pips. 🔸Recommended strategy for EUR traders: short sell rips / short sell at market now, target is +250 pips or point C of the XABCD structure. Later will update the setup for the BULLS for a potential ride to 1390. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
34
EURUSD Is Going Down! Sell! Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.078. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.067 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!
Short
by SignalProvider
1
EUR/USD 4H Analysis – Bearish Reversal Toward Key Demand Zone📊 EUR/USD 4H Analysis – Bearish Reversal Setup 🔸 Market Structure: The chart indicates a Change of Character (CHOCH) at the recent high, signaling a possible shift in trend from bullish to bearish. The buy stop liquidity appears to have been grabbed before the price reversed, suggesting smart money may be positioning for a sell-off. 🔸 Key Levels: Resistance Zone: Near 1.0900, where liquidity was swept. Support Zone: Marked in purple between 1.0450 - 1.0500, acting as a potential demand area. 🔸 Price Action Expectation: A minor pullback or retest of the CHOCH zone before further downside. A bearish continuation towards the 1.0500 demand zone, aligning with liquidity objectives. 🔸 Trading Plan: Bearish Bias: Potential short opportunities if price confirms lower highs. Invalidation: A sustained break above 1.0900 would negate the bearish thesis. Target: 1.0500 zone for potential long-term buy interest. 📉 Conclusion: If the price respects the CHOCH level and fails to reclaim liquidity above, sellers could dominate, driving EUR/USD lower toward the 1.0500 liquidity pool.
Short
by MrStellanSight
EUR/USD heading up - Europes time to shine!Looks like it's the Euro time to rally. With an unstable presidency and erratic party with America, it seems like Europe is finding it's feet and there is upside to come for it's currency. Here are five reasons why and then we'll get into the technicals. 🇩🇪 German Stimulus Boosts Euro Germany’s €500B spending plan lifts euro confidence. 📉 Weak U.S. Data Hurts Dollar Poor U.S. data and uncertainty weigh on the greenback. 📈 Euro's Rally Momentum EUR/USD sees strongest rally since 2015. 🏦 ECB Signals Fewer Cuts ECB hints at fewer rate cuts, supporting euro strength. 🌍 Trade Tensions Easing Tariff delays reduce USD demand, favoring the euro. Let's look at the technicals Inv Head and SHoulders Price 20 and 200 MA Target 1.1610 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by Timonrosso
EURUSD Forming the new long-term Top.The EURUSD pair continues to trade within a Bullish Megaphone pattern and is about to complete today the 4th straight red 1D candle. This is technically a top formation as the 1D RSI went from overbought (above 70.00) to below 60.00. Technically a downtrend gets confirmed when the price breaks below the 1D MA50 (blue trend-line) so until it does, the probability for another short-term bounce there isn't small. This is what took place in September 2024. Once the 1D MA50 breaks though, we expect a test of Support 1 at 1.03650, as it happened on October 23 2024. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
EURO - Price can break support level and continue to move downHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price reach and broke $1.0800 level and started to grow inside a rising channel pattern. It reached the resistance level, bounced down, made correction to support and then rose up once again. Euro touched $1.0920 level second time and turned around, after which exited from this rising channel. Then price dropped fast and formed falling channel, breaking through $1.0920 level and reaching $1.0800 level. After that it bounced up a little, but stayed inside the bearish channel without breaking resistance line. Now price moves between support and resistance, but in my mind it can decline to $1.0715 support line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
10
EURJPY NEXT MOVE, DEEP FUNDAMENTALS ANALYSIS EUR/JPY is currently trading around 162.300, having recently completed a breakout and subsequent retest, indicating a potential bullish continuation toward the target price of 168.300. This anticipated move suggests a gain of over 300 pips, aligning with the pair's prevailing uptrend. Fundamentally, the Eurozone's economic indicators have shown resilience, with stable growth and inflation metrics supporting the euro. In contrast, the Bank of Japan's commitment to ultra-loose monetary policies has led to a depreciation of the yen, widening the interest rate differential between the two currencies and favoring a stronger euro Technical analysis reinforces this bullish outlook. The pair edged higher to 164.16 last week before a slight retreat, suggesting consolidation ahead of a possible upward surge. As long as the 160.02 support level holds, further rally remains in favor, with potential targets at 164.89 and 166.67. A sustained break above these levels could pave the way toward the 168.300 target Traders should monitor key resistance levels closely, as a confirmed breakout could present a lucrative opportunity to capitalize on the anticipated 300-pip movement. Implementing robust risk management strategies, such as setting appropriate stop-loss orders, is essential to mitigate potential market volatility. Staying informed about upcoming economic data releases and central bank communications will also be crucial in navigating this trading opportunity effectively.
Long
by AndrewsMarket-Mastery
2
EUR/USD: Sideways Movement Persists Below Key LevelThe EUR/USD market remains in a consolidation phase just below the November 2024 low. Recently, the price experienced false breakouts beneath both a key support level and last week's low, followed by a strong bullish rebound. This pattern suggests a likelihood of continued sideways movement in the near term. At present, the price is testing the previous day’s high. If upcoming news does not negatively affect sentiment, the market may attempt a move higher, especially after multiple failed breakdowns of support. However, until a decisive break occurs beyond last week’s range, price action is expected to remain range-bound. The next target lies at the resistance zone around 1.08820
Long
by RTED_Investing
EUR/USD Falling Wedge Breakout – Professional Chart AnalysisOverview of the Chart The EUR/USD 1-hour chart presents a bullish trading setup, featuring a well-defined falling wedge pattern, a trendline breakout, and a retest phase, signaling a potential upward move. The chart is marked with key technical elements such as support and resistance zones, breakout confirmation, and risk management parameters. This analysis will break down each component of the chart, explaining the logic behind the setup and how traders can approach this opportunity. 1. Identified Chart Patterns Falling Wedge Formation (Bullish Reversal Signal) The price action formed a falling wedge, characterized by lower highs and lower lows, creating a narrowing price channel. This pattern is typically a bullish reversal structure, as it indicates weakening selling pressure before an expected breakout. The wedge’s downward movement ended with a strong breakout to the upside, signaling buyers regaining control. 2. Key Technical Levels Support & Resistance Zones Support Level (Buyers’ Stronghold) The horizontal support level is a price area where buyers have previously stepped in, preventing further declines. This level has been tested multiple times, reinforcing its strength as a key demand zone. Resistance Zone (Profit Target Area) The highlighted resistance zone represents a supply area where the price has struggled to move past in previous sessions. The target price level aligns with this resistance, making it a realistic profit target for the long position. 3. Trendline Breakout Confirmation Before forming the wedge, the chart shows an uptrend with a breakout above a trendline. This trendline breakout was an early signal of bullish strength, aligning with the later wedge breakout. After the breakout, the price came back for a retest, which is a key confirmation before further upward movement. 4. Retesting Phase Before the Upward Move After breaking out of the wedge, the price returned to the breakout level to confirm support. Retesting is a crucial validation step—if the price holds above this level, it increases the probability of a continued bullish move. This retesting action provides a potential entry point for traders looking to go long. 5. Trade Setup & Risk Management Strategy Trade Entry: A buy entry is considered after the retest is confirmed (price holding above the breakout level). Stop Loss Placement (Risk Control): The stop loss is placed below the previous low at 1.07790, ensuring protection against fake breakouts or unexpected reversals. Take Profit Target (Projected Price Move): The target price is set at 1.09698, which aligns with previous resistance levels and the measured move from the wedge breakout. This provides a strong risk-to-reward ratio, making the setup favorable for bullish traders. 6. Risk-Reward Ratio & Trade Viability Risk: The distance between the entry point and the stop loss is relatively small, making it a low-risk trade. Reward: The potential upside move is significantly higher than the risk, creating a high reward-to-risk ratio trade. This type of technical confluence increases the probability of a successful trade, making it an attractive opportunity. 7. Conclusion & Trading Strategy 📌 Key Takeaways: ✅ The falling wedge breakout signals a bullish reversal. ✅ The trendline breakout and retest add further confirmation to the trade setup. ✅ The support and resistance zones provide a clear risk management strategy. ✅ The risk-reward ratio makes this an attractive long trade setup. 💡 Trading Plan: 🔹 Enter Long after retest confirmation above the breakout level. 🔹 Stop Loss: 1.07790 (below previous low). 🔹 Take Profit: 1.09698 (previous resistance zone). Final Thoughts This EUR/USD setup is a textbook example of a bullish reversal following a falling wedge breakout. Traders who patiently wait for a confirmed retest can capitalize on this high-probability trade setup, aiming for a strong bullish continuation. 🔹 Tags: #EURUSD #ForexTrading #TechnicalAnalysis #Breakout #PriceAction #TradingSetup #SupportResistance
Long
by GoldMasterTrades
Yields Weigh on EUR/USD: Euro at 1.0820EUR/USD is trading around 1.0820 on Monday, rebounding slightly from last week’s low of 1.0795. The euro has pulled back from its recent high of 1.0955 with uncertainty over Germany’s fiscal policy and rising global trade tensions. Caution persists before the April 2 announcement of new U.S. tariffs, which could weigh on the eurozone. Despite the modest recovery, the euro remains under pressure from stronger U.S. Treasury yields and demand for the dollar. Key resistance is at 1.0860, followed by 1.0950 and 1.1000. Support stands at 1.0800, with further levels at 1.0730 and 1.0670. 
by ChartMage
GOLD H1 Update: Pullback in Progress BUY DIPS TP 3 100 USD🏆 Gold Market Update (March 24th 2025) 📊 Technical Outlook update 🔸Bullish OUTLOOK 🔸Broke out and set new ATH 🔸Strong UPTREND: Sequence of Higher Lows 🔸Recommend to BUY DIPS 2950 USD 🔸Price Target BULLS: 3075 USD - 3100 USD 📈 Market Performance & Price Action 🚀 Gold Hits All-Time High – Reached $3,057.21/oz this week 📊 Driven by: Geopolitical tensions + economic uncertainty 🏦 Federal Reserve Impact 🛑 Fed Keeps Interest Rates Steady at 4.25%–4.50% 🔮 Signals 2 rate cuts likely in 2025 due to slowing growth 📉 Lower rate outlook supports bullish gold sentiment 💹 Gold Investment Trends 📈 Gold ETFs Outperform Physical Gold GDX (Gold Miners ETF) ↑ 32% GLD (SPDR Gold Shares) ↑ 15.5% 📊 Investors leaning toward mining stocks & ETF exposure for higher returns
OANDA:XAUUSDLong
by ProjectSyndicate
32
EURUSD: PCE data aheadThe Fed left rates unchanged on their FOMC meeting during the previous week, which was the major weekly event, closely watched by market participants. As for economic projections, Fed officials are now seen to have corrected GDP growth to 1.7% this year, while the inflation pressures are corrected toward the upside. Despite expectations of elevated inflation, Fed officials still see two rate cuts this year, totaling 0,5%. As for other macro news posted during the previous week, the US Retail Sales increased by 0,2% in February, which was a bit below 0,6% market consensus. Business inventories were higher by 0,3% in January on a monthly basis, in line with market expectations. The US Building Permits preliminary for February dropped by -1,2% for the month, and were not in line with expected -0,2%. At the same time, the Existing Home Sales were increased by 4,2% in February on a monthly basis, highly above market estimate. The Industrial Production in February picked up with 0,7% for the month, above forecasted 0,2%. At the same time the IP on a yearly basis reached 1,4%, below expected 2,3%. The ZEW Economic Sentiment Index in the Euro Zone reached the level of 39,8 in March in line with market expectations. The same indicator for Germany was standing at 51,6 and was above forecasted 48,1. Final inflation rate in the Euro Zone in February was standing at 0,4% for the month and 2,3% on a yearly basis, without a significant change from the previous estimate. The core inflation remained elevated at 2,6% y/y. The Producers Price Index in Germany in February dropped by -0,2% for the month, bringing this indicator to the level of 0,7% on a yearly basis. The eurusd currency pair was traded in a relatively shorter range during the previous week. The highest weekly level was 1,095, however, the 1,10 resistance line has not been tested on this occasion. The second half of the trading week was more oriented toward the downside, where the support line at 1,08 has been shortly tested. Two weeks ago the RSI reached the clear overbought market side, from where it started a modest reversal. The lowest level of the indicator was 58, reached on Friday. The MA50 continues with this stronger convergence toward the MA200, but still with a distance between two lines. With this trend, a potential cross might come within a few weeks. The currency pair will start the week ahead by testing the 1,08 support line. In case that this level is clearly breached, the next stop might be around the 1,07. This level is not a significant one for a eurusd pair, in which sense, this could be only a short stop. On the opposite side, there is some probability for a 1,10 resistance level, considering that it has not been clearly tested during the previous week. Certainly, one day to watch closely in a week ahead is Friday, March 28th, when PCE data is scheduled for a release. Some higher volatility is expected during the release of the PCE data. Important news to watch during the week ahead are: EUR: HCOB Manufacturing PMI Flash for March in Germany, Ifo Business Climate for Germany in March, GfK Consumer Confidence in Germany in April, Unemployment rate in Germany in March, USD: S&P Global composite PMI Flash for March, CB Consumer Confidence in March, the New Home Sales in February, Durable Goods Orders in February, GDP Growth Rate final for Q4, PCE Price Index for February is scheduled for a release on Friday, March 28th., as well as Michigan Consumer Sentiment final for March.
by XBTFX
EUR/USD: Bearish Reversal Potential at Fibonacci LevelEUR/USD daily chart provides a nice short opportunity. The pair recently experienced a retracement as part of an extended downtrend, reaching the 70.00% Fibonacci retracement level and facing resistance at the 1.09957/1.09947 level. A confluence of technical variables in this way can serve as a potential reversal point and resumption of the underlying bearish trend. Trading Strategy: Entry: Sell short EUR/USD at or near the prevailing price (1.08361) on confirmation of bearish price action such as a rejection candle off the resistance point. Stop Loss: Place a stop-loss order above the new high (1.12142) or at a judiciously chosen resistance level to manage risk. Take Profit: Look for the following support levels as probable take-profit points: 1.07323 1.07286 1.06794
Short
by ultreosforex
1
EURUSD Maintains Bearish Momentum - Is 1.07500 the Next Target?OANDA:EURUSD is trading within a well-defined descending channel, with price action consistently respecting both the upper and lower boundaries. Recently, the price rejected a key resistance zone, reinforcing bearish momentum and signaling a potential continuation toward lower levels. The current price action suggests that if price continues to respect this resistance, we could see further downside toward 1.07500, aligning with the lower boundary of the channel. However, if price breaks above the channel and sustains above it, the bearish outlook may be invalidated, potentially signaling a shift in momentum. Monitoring price action and volume at this level will be essential for confirmation. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
30