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EURUSD

Euro breaks slide as eurozone core CPI climbs, US nonfarm payrolThe euro has posted gains on Friday. In the European session, EUR/USD is trading at 1.1325, up 0.37% on the day. Today's gains follow a three-day slide. US nonfarm payrolls came in at 177 thousand, much stronger than the market estimate of 130 thousand. Eurozone inflation for April was a surprise on the upside. Headline CPI remained steady at 2.2% y/y, edging above the market estimate of 2.1%. Lower energy prices were offset by a rise in service inflation and food prices. Monthly, CPI was also unchanged at 0.6%, above the forecast of 0.4%. Core CPI, which excludes food and energy and is a better gauge of inflation trends, jumped to 2.7% y/y, up from 2.4% in March and above the market estimate of 2.5%. This was the first acceleration in the core rate since May 2024. Services inflation, a key component in Core CPI remains hot and jumped to 3.9% from 3.5% in March. The rise in core CPI is a worrisome sign for the European Central Bank and could complicate plans to gradually lower interest rates. The ECB has been aggressive, cutting rates by 175 basis points in the current easing cycle. Still, more cuts are needed to boost the ailing eurozone economy. US nonfarm payrolls came in at 177 thousand in April, slightly below the downwardly revised gain of 185 thousand in March. This easily beat the market estimate of 130 thousand and is a sign that the US labor market remains in decent shape. Wage growth was unchanged at 3.8% y/y, just below the market estimate of 3.9%. Monthly, wage growth dropped to 0.2% from 0.3%, shy of the market estimate of 0.3%.
by OANDA
EURO - Price can drop to support level and then start to move upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently, price started to decline inside falling channel, where it reached support line firslty and then bounced up. Price grew to the resistance line of the channel, which coincided with $1.0950 level, and then in a short time fell back to support line. Next, Euro made an upward impulse, thereby exiting from channel, and also soon broke $1.0950 level. After this, price rose a little and then made correction, after which coincided to move up inside pennant. In the pennant pattern, the price broke $1.1320 level and later reached the resistance line, after which corrected. Now, I think that the Euro can exit from pennant, fall to the support level, and then bounce up to $1.1510 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
11
EURUSD Will Go Lower From Resistance! Sell! Here is our detailed technical review for EURUSD . Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.132. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.129 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. 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
3
IMXUSDT Forming Inverse Head and Shoulder IMXUSDT is currently showcasing one of the most reliable bullish reversal patterns on the charts – the inverse head and shoulders. This formation typically signals a shift from a bearish to a bullish trend, and with the neckline nearing a potential breakout point, this setup is becoming increasingly attractive. The current price action reflects a strong bounce from a key support level, aligning perfectly with the right shoulder of the pattern. Volume has started to rise significantly during this bounce, which further validates the possibility of a confirmed breakout once the neckline is breached. Such volume activity typically precedes large price movements, especially when it coincides with technical patterns like this. Traders and investors are beginning to recognize this potential and are showing renewed interest in IMX. With an expected gain of 150% to 160% from current levels, this setup could be one of the most explosive moves in the altcoin space. The pattern targets suggest a move toward previous highs, making IMXUSDT a strong candidate for mid-term bullish trades. The broader market sentiment also supports altcoin rallies, adding fuel to the bullish thesis for this coin. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
EURUSD INTRADAY bullish above 1.1240Trend Overview: The EUR/USD currency pair remains in a bullish trend, supported by a prevailing uptrend. The recent intraday price action suggests a sideways consolidation (coiling price action) possibly triggering a corrective pullback towards a newly formed support zone, previously a resistance level. Key Levels to Watch: Support Levels: 1.1240 – Previous resistance turned support, key level for potential bounce. 1.1144 – Secondary support level if 1.1240 fails. 1.1000 and 1.0890 – Stronger support in case of extended retracement. Resistance Levels: 1.1475 – Initial resistance level on the upside. 1.1595 – Next target if bullish momentum continues. 1.1700 and 1.1830 – 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 1.1240 support level could trigger an upside move, targeting the 1.1475 resistance level and potentially extending towards 1.1595 and 1.1700 – 1.1830 over a longer timeframe. Alternatively, a confirmed loss of the 1.1240 support, accompanied by a daily close below this level, would weaken the bullish outlook. This could lead to further downside pressure, potentially testing the 1.1144 level, with an extended decline towards 1.1000 and 1.0890 if selling pressure intensifies. Conclusion: The EUR/USD pair remains in a bullish structure as long as the 1.1240 support holds. A successful bounce from this level would reinforce the uptrend, targeting higher resistance zones. However, a decisive break below 1.1240 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
2
DeGRAM | EURUSD Reached the $1.131 Level📊 Technical Analysis ● Triple rejection at 1.1420 caps EUR/USD; price coils into a bearish pennant beneath the channel mid-line, echoing earlier false breakouts. ● Loss of 1.1310 exposes 1.1200; fading RSI and lower highs flag supply. 💡 Fundamental Analysis ● Euro inflation slid to 2.2 %; ECB signals another 25 bp cut on 4 Jun, denting EUR yield​. ● US Q1 GDP dipped but consumption held; jobless claims ~215 k and 10-yr yields near 4.3 % keep USD bid​. ✨ Summary Bearish pennant plus softer EU data versus steady US demand steer short EUR/USD toward 1.1200; risk topside above 1.1420. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
1
Euro Slips to $1.13 After Strong AprilThe euro dipped toward $1.13 on May 1 after a 5% April gain, as the dollar found support in Trump’s optimism about trade deals with India, Japan, South Korea, and China. Markets awaited Friday’s U.S. jobs data for Fed policy clues. The U.S. economy shrank 0.3% in Q1, partly due to import spikes ahead of expected tariffs. Meanwhile, the Eurozone grew 0.4%, driven by strong domestic demand. German inflation eased to 2.1%, though core rose slightly, while France’s annual rate held at 0.8%. Resistance levels are seen at 1.1460, then 1.1580 and 1.1680, while support rests at 1.1260, followed by 1.1200 and 1.1150.
by ChartMage
EURUSD DETAILED ANALYSIS FUNDAMENTALS AND CRYPTOEURUSD is currently trading around 1.13, having completed a successful retest of the previous breakout zone. The pair is now showing signs of bullish momentum, suggesting a potential move toward the 1.17 target. From a technical perspective, the recent price action indicates a strong support level around 1.13, where buyers have stepped in to halt the previous decline. This support aligns with the 50-day moving average, reinforcing its significance. The bullish engulfing candlestick pattern formed at this level further confirms the likelihood of an upward move. Fundamentally, the euro has been supported by stronger-than-expected economic data from the Eurozone, including a 0.4% GDP growth in Q1 2025, surpassing forecasts. Additionally, the European Central Bank's recent rate cuts have provided a more accommodative monetary environment, boosting investor confidence. Conversely, the U.S. dollar faces headwinds due to concerns over economic slowdown and potential rate cuts by the Federal Reserve. In summary, the confluence of technical and fundamental factors suggests that EURUSD is poised for a bullish move toward the 1.17 target. Traders should monitor key resistance levels and economic indicators to confirm the continuation of this upward trend.
Long
by AndrewsMarket-Mastery
2
XAUUSD DETAILED ANALYSIS TECHNICAL AND FUNDAMENTALS XAUUSD is currently trading around the 3256 level and is clearly respecting a descending channel on the 1-hour timeframe. The price is now pushing higher from the lower boundary of the channel, suggesting short-term bullish momentum. Based on the current technical structure, I am anticipating a clean breakout above the channel resistance, with the next key target at 3300. The marked purple resistance zone around 3310–3320 also acts as a magnet for price once the breakout is confirmed. On the fundamental side, gold remains supported by ongoing geopolitical uncertainty and speculation around the Fed's next rate decision. With recent U.S. economic data showing mixed signals—strong labor market figures but slowing inflation momentum—the market is pricing in fewer rate hikes, which weakens the USD and favors upside in XAUUSD. Additionally, central bank gold demand remains strong globally, acting as a long-term support for bullion. Traders are currently reacting to a softening dollar index and treasury yields, which further underpins bullish sentiment in gold. A clear break above the upper boundary of this channel, ideally with strong volume confirmation, could set the stage for a swift move to retest the 3300 psychological level. From a risk-reward perspective, the breakout trade setup here aligns well with institutional strategies that favor trend continuation post-consolidation. In summary, XAUUSD is trading inside a clean descending channel, with buyers stepping in aggressively near the support zone. A breakout above the structure could trigger a bullish continuation move toward 3300, backed by strong macro tailwinds and technical confirmation. This setup offers an excellent opportunity for swing traders to capitalize on short-term momentum. Are you also tracking gold fundamentals this week?
OANDA:XAUUSDLong
by AndrewsMarket-Mastery
2
EURUSD - CONSOLIDATION TO MANIPULATION?OANDA:EURUSD is currently going through consolidation on daily time frame, i expect price to manipulate a little by taking out the relatively equal lows below to tap into the weekly and daily fair value gap below around 1.12000 price level as illustrated in the chart attached. Overall, my bias on EURUSD still remain bullish until the weekly time frame shift market structure to bearish. Monthly bullish, weekly bullish, now I will wait for daily to correct and turn bullish back for me to take a trade.
Long
by Elijahenoch7
Fundamental Market Analysis for May 2, 2025 EURUSDThe EUR/USD pair attracted moderate buying interest during the Asian trading session on Friday and demonstrates a desire to consolidate above the psychologically important level of 1.13000. At the moment, spot quotes seem to have broken a three-day series of declines, reaching a two-week low near 1.12650, recorded on Thursday, amid repositioning of market participants awaiting the publication of key macroeconomic indicators from the Eurozone and the United States. Representatives of the European Central Bank (ECB) earlier expressed concern over the risks of lower inflationary pressures in the region. In this regard, market participants are waiting with special attention for the preliminary data on the consumer price index (CPI) in the eurozone. Indicators that turned out to be lower than forecasts may strengthen expectations of the ECB key interest rate reduction by 25 basis points following the results of the meeting in July. Such a development could put pressure on the single European currency and contribute to the resumption of the EUR/USD corrective movement from the level of 1.1575 - the maximum since November 2021, recorded last month. In the United States of America, investors' attention is focused on the upcoming Non-Farm Payrolls report (NFP), according to forecasts of which the US economy could create only 130 thousand new jobs in April, which is significantly lower than the March value of 228 thousand. At the same time, the unemployment rate, according to preliminary estimates, will remain at 4.2%. These data may have a significant impact on expectations of further monetary policy steps by the Federal Reserve (Fed), which, in turn, will affect the dynamics of the US dollar and determine the short-term trajectory of EUR/USD. Additionally, the persistent expectations of a looser monetary policy of the Federal Reserve System (FRS) restrain the potential for strengthening of the US dollar, despite its three-day rise to local highs. In particular, market participants have increased expectations for four 25 basis point interest rate cuts before the end of this year, after recently released statistics pointed to an unexpected contraction in US GDP - for the first time since 2022. As a result, the dollar bulls' positions remain limited, which provides support to the EUR/USD pair. Trading recommendation: BUY 1.13100, SL 1.27500, TP 1.14200
Long
by Fresh-Forexcast2004
Is Platinum About to Explode? Imminent Rally!Platinum (PL1!) is currently in a technically and macroeconomically compelling setup. After a prolonged consolidation between 872–921, price has reacted strongly, forming a clear accumulation pattern supported by institutional positioning and favorable seasonality. 📈 1. Technical Analysis: Accumulation and Potential Breakout The weekly chart shows a strong demand zone that has been defended multiple times over the past year. Following a deep pullback in April, price has formed a harmonic compression structure and broke to the upside with conviction. The area between 1010 and 1040 stands out as the first major historical supply zone — previously rejected but now looking increasingly vulnerable. 📉 2. COT Report: Institutions Repositioning Long The COT data as of April 22 shows a clear increase in long positions from commercial traders (+1,177 contracts), while non-commercials maintain a net long bias. Total open interest rose by over 1,500 contracts — a strong sign of renewed speculative interest in Platinum. ✅ Conclusion Platinum is showing strong confluence across technicals, institutional positioning, and historical seasonal behavior. The probability of a bullish extension in Q2 2025 is high. This is a setup worth watching closely in the coming days.
NYMEX:PL1!Long
by EdgeTradingJourney
2
EURUSD H4 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1313, which is a pullback resistance. Our take profit will be at 1.1144, a pullback support that aligns with the 61.8% Fibo retracement. The stop loss will be placed at 1.1473, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com/en): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
USD/JPY : Get Ready for another Rally! (READ THE CAPTION)By analyzing the USD/JPY chart on the daily timeframe, we can see that, as expected, the price has finally started to rise. So far, it has successfully reached the 143.5 and 144 targets, and extended up to 145.76, delivering a solid 350-pip move. The main analysis remains valid, and I expect the price to hit the next target at 146.2 soon. The total gain from this setup has now exceeded 570 pips, and the key upcoming supply zones are at 146.2, 148.7, and 150. This analysis will be updated accordingly! THE MAIN ANALYSIS : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
BTC - Inversion Play at Resistance With IFVG Breakdown PotentialPrice has tapped into a previously established resistance zone and is now showing signs of exhaustion. A reactive short setup is in play, contingent on further bearish confirmation. --- 1. Resistance Zone — Key Supply Area The marked red zone above highlights: - Repeated Rejections: Price has failed multiple times to break and hold above this level. - Order Block & Liquidity: Likely an area where institutional selling interest remains. This zone offers a prime location for short setups, especially if price fails to hold above it and begins to roll over. --- 2. IFVG Inversion — Breaker-Type Setup We are watching for: - Inversion of a Bullish IFVG: A common signal of shifting order flow. - Breaker Behavior: A previously supportive zone now acting as resistance — a hallmark of smart money reversals. This structure suggests an intent to trap late longs and transition into lower pricing. --- 3. Internal Liquidity Sweep — Fuel for the Drop The local high served to: - Clear Short-Term Liquidity: Wick just above resistance suggests engineered breakout bait. - Trigger Buyer Commitment: Which could now get trapped if momentum fails. This liquidity event sets up the conditions for a more sustained push downward. --- 4. Downside Targeting the Discount Zone Price is projected to revisit the blue discount zone: - 0.618–0.65 Retracement Levels: Classic Fibonacci discount area often targeted after a premium rejection. - Reaccumulation Potential: Watch for signs of buyer interest returning here. This forms the logical destination for price following a confirmed rejection. --- 5. Summary: - Price Rejecting Resistance & IFVG Inversion Signals Reversal Bias - Liquidity Sweep Confirms Trap Setup - Discount Zone Below Offers High-Probability Reaction Area A strong short scenario may unfold if bearish order flow confirms beneath the resistance region.
Short
by Louigi_24
28
Gold Price (XAUUSD) Retesting Fibonacci Support ZoneGold (XAUUSD) is currently in a technical phase that aligns with a classic **retesting formation**, where price action returns to previous support levels before resuming its bullish trend. After hitting a recent high near 3,350–3,400, gold has begun a healthy retracement, with key Fibonacci levels acting as potential demand zones. The 3,200–3,150 range appears to be a strong support zone, and if this level holds, it could trigger the next leg up in the bullish trend. Volume remains supportive, suggesting market interest is still intact, and buyers may be preparing for re-entry. This consolidation phase could offer an excellent opportunity for smart money accumulation, particularly as gold respects major technical levels and Fibonacci retracement zones. From a macro perspective, continued geopolitical tensions, inflationary concerns, and central bank accumulation of gold provide a strong fundamental backdrop that supports a long-term bullish outlook. If gold maintains above the key 0.5 and 0.618 retracement levels, we could soon witness a new wave targeting the 3,350 to 3,400 resistance zone once again. Market participants should watch for confirmation through bullish candlestick patterns and increasing volume in the coming sessions. A break above 3,275 would further validate bullish continuation and may serve as a trigger point for momentum traders. The broader trend remains intact, and current price action fits the pattern of a technical breather before the next impulsive rally. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
OANDA:XAUUSDLong
by Alpha-GoldFX
BTCUSDT forming a Bullish Flag patternBitcoin (BTCUSDT) is currently forming a classic bullish flag pattern on the daily chart, often regarded as a strong continuation setup in technical analysis. The breakout from the prior descending wedge has already provided strong bullish momentum, and now BTC is consolidating just below key resistance, signaling the next possible leg upward. With volume steadily increasing during this consolidation phase, this flag pattern holds significant potential for a breakout rally. The price structure reflects healthy accumulation, where smart money seems to be stepping in before the anticipated surge. The flagpole leading up to the pattern shows strong bullish dominance, and the sideways flag structure suggests that Bitcoin is merely taking a breather before pushing higher. A confirmed breakout from the flag could target an upside of 20% to 30%+, aligning with the projected price move shown on the chart. Fundamentally, Bitcoin continues to gain mainstream traction, and the broader crypto sentiment is turning positive again. The volume patterns and technical indicators reinforce the bullish outlook. Investors are showing renewed interest, especially as BTC holds above key psychological and structural levels, which adds confidence to the continuation narrative. This setup is ideal for breakout traders and investors looking to capitalize on short to mid-term gains. If the bullish flag plays out as expected, BTC could make another significant move toward its all-time high zone. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX