EURUSD
Will the Euro weaken against the US Dollar?EURUSD has started a price and time correction since July 28, 2008 in the form of a diametric pattern.
Wave-(f) currently appears to be forming. We see two price ranges for the end of wave-(f) in terms of price:
a - range 1.15758-1.17173
b - range 1.21357-1.23505
After the completion of wave-(f) we expect wave-(g) to continue to the specified range.
Good luck
NEoWave Chart
Potential bearish drop?EUR/USD is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 1.1270
Why we like it:
There is an overlap resistance level.
Stop loss: 1.1374
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Take profit: 1.1139
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
EURUSD: The Market Is Looking Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The market is at an inflection zone and price has now reached an area around 1.12314 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 1.12646.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Euro jumps as Eurozone core CPI risesThe euro is sharply higher on Monday. In the North American session, EUR/USD is trading at 1.1250, up 0.79% on the day.
Eurozone headline inflation was confirmed at 2.2% y/y and 0.6% m/m in April, unchanged from the preliminary estimates. The core rate was also confirmed at 2.7% y/y and 1% m/m. Services inflation rose to 3.9% from 3.5%.
The European Central Bank will be pleased that inflation was unchanged in the final April release but remains concerned about services inflation, which remains persistently high. The ECB trimmed its key rate by a quarter point to 2.25% last month and meets next on June 5. The markets have priced in another rate cut, as the ECB looks to take advantage of stable inflation and lower rates in order to boost economic growth.
The ECB can be expected to be cautious with its rate path and continue its data-driven approach. There is much uncertainty surrounding President Trump's tariffs, which has made it difficult for the ECB to make inflation and growth projections. What is clear is that eurozone growth has taken a hit from the tariffs and the outlook and the outllook for global growth has been revised downwards. The damage from the tariffs could be mitigated if the US and China can reach an agreement which removes the tariffs betweeen them.
The uncertainty surrounding US trade policy has also pushed the Federal Reserve into a wait-and-see stance, despite Trump's loud calls for a rate cut. The Fed held rates at this month's meeting and is widely expected to stay on the sidelines again in June. The Fed is waiting for more clarity on the tariff front, but any surprises from inflation or employment data could have a signifcant impact on rate policy.
EURUSD Massive Short! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.1244
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.1181
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
DeGRAM | EURUSD holding the 1.12 level📊 Technical Analysis
● Price defended the rising-channel median (1.1200) and formed a bullish pennant against the blue corrective trend-line; pattern completion projects to the next horizontal/diagonal confluence at 1.1380.
● Momentum is flipping positive as the pair climbs back above the short-term descending channel roof, turning it into support and aligning with repeat bounces off 1.1100.
💡 Fundamental Analysis
● May euro-area flash PMIs surprised on the upside while US industrial output slipped, narrowing growth differentials and cooling USD demand.
✨ Summary
Pennant + channel support and firmer EU data vs. softer US output back a push toward 1.1300 → 1.1380; bias void if 1.1100 breaks.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD: Support & Resistance Analysis For This Week 🇪🇺🇺🇸
Here is my latest support and resistance analysis for EURUSD.
Resistance 1: 1.1250 - 1.1295 area
Resistance 2: 1.1368 - 1.1381 area
Resistance 3: 1.1420 - 1.1427 area
Resistance 4: 1.1510 - 1.1574 area
Support 1: 1.1051 - 1.1093 area
Support 2: 1.1085 - 1.1089 area
Support 3: 1.1073 - 1.1078 area
Consider these zones for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Euro can continue to decline in channel to buyer zoneHello traders, I want share with you my opinion about Euro. Earlier, the Euro formed a symmetrical triangle, where the price squeezed between resistance and support lines before breaking out with a strong impulse move. After this breakout, the pair quickly climbed toward the 1.1420 - 1.1455 resistance area, a major seller zone, but failed to hold above it. Since then, the price structure shifted into a well-defined downward channel. Within this channel, we’ve seen repeated rejections from the upper boundary and controlled declines toward the support line. Recently, EUR rebounded again from the resistance line, confirming that sellers remain in control. Now the price is heading lower once more. Given this repeated rejection and the prevailing bearish structure, I expect the decline to continue toward the next key area, the 1.1070 - 1.1035 buyer zone. This level aligns with the channel’s support and has acted as a reaction zone in the past. That’s why I set my TP at 1.1035, the bottom of the buyer zone and a logical target within this bearish setup. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
SELL!! BUT DON'T SHORT WITHOUT REASON EURUSD FORECAST Q2 W21 Y25EURUSD SHORT FORECAST Q2 W21 Y25
SELL!!!! BUT DON'T SHORT WITHOUT REASON!
EURUSD IS READY TO TAKE YOUR ACCOUNT. THERE IS A WRAFT OF KEY LEVELS TO POTENTIALLY SHORT FROM.
I KNOW. I HAVE INDEED IDENTIFIED THEM HOWEVER ... let's not KILL out accounts !!!!! lets be sure when to pull the trigger on shorts!!!!
I'll be honest, I foresee a reaction from every point of interest BUT, dependant on YOUR entry model, depends if you can get Breakeven faster than the rest or even to take profit.
SELL IS THE PLAY BUT BE SMART...
EURUSD SHORT FORECAST Q2 W20 D15 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅HTF Bearish price action
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
7. "Boom! Trap, grab, and rally — just as planned."
**"She walked right into the selling zone like she owned the chart.
But baby, this ain’t a fairy tale — this is Elliott Wave.
Wave C? Dead on arrival.
CHOCH triggered? Game on.
Retail's still dreaming of 1.40 —
We're already targeting the magnet zone with sniper precision.
She teased the breakout, we caught the fakeout.
This ain't luck. It's strategy wrapped in savage.
Trade less. Win more.
Stay sexy, stay sharp."**
Chart spoke. We listened. See how price respected every level!"Great when BOS + supply/demand lines hit perfectly.
Most traders chased the bounce.
We waited in the shadows — right at the selling zone.
Wave 4? Textbook correction.
Wave 5? That’s where the money’s made.
Elliott Wave isn’t just theory — it’s a weapon.
Break of structure? Marked.
Zone tested? Clean.
Rejection? Savage.
This is how professionals trade — not with hope, but with precision.
DXY: playing checkers while we play chess.”**
EURUSD Near Top Of Channel — Correction Imminent!!!EURUSD ( FX:EURUSD ) is trading in the Resistance zone($1.1310-$1.1162) , near the upper line of the descending channel and the Monthly Pivot Point .
In terms of Elliott wave theory , it seems that EURUSD has completed five main impulse waves , and with the break of the Uptrend lines , we should expect corrective waves . Most likely, EURUSD is completing microwave 4 , and we should expect the next decline and the formation of microwave 5 .
I expect EURUSD to fall to at least $1.1073 , and the next targets are marked on the chart.
Note: If EURUSD touches $1.1330 , we should expect further gains.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Europe’s Political Powder Keg: Markets on Edge!🔥 Europe’s Political Powder Keg: Markets on Edge! 🔥
Europe’s elections just dropped a BOMB! 💣 Poland (May 18), Portugal (May 18), and Romania (May 4 & 18) rejected far-right surges, but the center’s crumbling. 🇪🇺 Poland’s pro-EU Trzaskowski barely leads—June 1 runoff could flip it! Portugal’s Chega is shaking the old guard, and Romania’s Nicușor Dan rides an anti-corruption wave.
Why care? Political chaos = market volatility. 📉 EUR/USD is wobbling, DAX could tank, and defense stocks (🇺🇦 ties) are in play.
💡 Trade Idea: Overlay EUR/USD with election dates (May 4, May 18, June 1) to catch volatility spikes.
❓ What’s your move? Will Europe’s turmoil crash markets or spark a rally? Drop your take below! 👇
EURUSD Is Going Up! Long!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.116.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.118 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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!
EURUSD Stuck Between Key Support and Resistance LevelsEURUSD appears to be setting up for round two. The white trendline, which represents the long-term trend from 2008, was tested at the beginning of this week. The expected bounce followed, pushing EURUSD back toward the yellow trendline. Now, the pair is once again approaching to white trend.
A clear break below the trendline could easily push EURUSD lower in the coming weeks, possibly toward 1.07. However, the outlook remains uncertain, with new developments and data pointing in different directions.
My base case is that the range between the 1.1050–1.11 support zone and the 1.1275 resistance will hold for a few more days. With limited U.S. data scheduled for next week, EURUSD may take the opportunity to consolidate and trade sideways.
Of course, if a breakout occurs in either direction, I would expect volatility to increase significantly.
EURUSD 1st 4H Death Cross after 7 months. Is it enough to short?The EURUSD pair just formed its first Death Cross on the 4H time-frame since October 04 2024. The last such formation signaled the bearish extension of the trend by breaking below its Higher Lows trend-line.
That was a similar Higher Lows trend-line the price rebounded on on May 12, exactly on the 1D MA50 (red trend-line). With the 1D RSI on levels similar with that previous Death Cross, we will wait for confirmation before shorting again and the price to break is the Higher Low/ 1D MA50 Cluster.
If broken, our Target will be just above the 0.618 Fibonacci from the bottom at 1.07350.
-------------------------------------------------------------------------------
** 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.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
EUR/USD DAILY PLAN – BREAKOUT CONFIRMATION OR FAKEOUT TRAP?EUR/USD DAILY PLAN – BREAKOUT CONFIRMATION OR FAKEOUT TRAP?
🧠 Macro Overview
This week’s trading landscape is influenced by both European and U.S. developments:
EU Side: There are no major macroeconomic releases ahead, but expectations are growing that the ECB may adopt a more dovish tone in upcoming meetings. If inflation continues to cool, the euro may face downside pressure.
U.S. Side: Last week’s CPI and PPI data showed signs of cooling inflation, yet not enough for the Fed to shift gears. The U.S. dollar remains supported by the prospect of “higher for longer” interest rates.
Global Sentiment: Ongoing U.S.–China tensions and trade policy updates in Europe are keeping risk appetite cautious. The EUR/USD pair is testing a key zone and may break out of the descending channel soon — or reject hard if buyers fail to hold.
📊 Technical Analysis (H1 Chart)
EUR/USD bounced strongly from the 1.1160 – 1.1180 demand zone and is now testing the key resistance at 1.1237 — a confluence of descending trendline and the 200 EMA on the 1H chart.
A clean breakout above and sustained hold of 1.1237 could pave the way toward higher resistance levels at 1.1270 and 1.1325.
However, if the pair gets rejected at 1.1237, it may fall back to test the lower support at 1.1160 – 1.1180, possibly forming a range before a larger move.
📌 Key Levels to Watch
🔺 Resistance Levels:
1.1237 → Key confluence zone (EMA200 + trendline)
1.1270 → Previous swing high
1.1302 – 1.1325 → Upper resistance zone with Fibo confluence
🔻 Support Levels:
1.1180 → Immediate demand area
1.1160 → Critical trendline support
A break below 1.1160 could trigger stronger bearish momentum
🎯 Trading Scenarios
1. Bullish Breakout Above 1.1237
🔹 Entry: 1.1240 – 1.1250
🔹 SL: 1.1210
🔹 TP: 1.1270 → 1.1302 → 1.1325
2. Bearish Rejection at 1.1237
🔻 Entry: 1.1230 – 1.1225
🔻 SL: 1.1255
🔻 TP: 1.1180 → 1.1160
3. Buy-the-Dip at Key Support
🔹 Entry: 1.1165 – 1.1170
🔹 SL: 1.1135
🔹 TP: 1.1200 → 1.1230
⚠️ Key Notes:
Avoid entering trades during chop between 1.1215 – 1.1237 unless breakout confirmation appears.
Be cautious of liquidity grabs during London and NY session opens.
Stick to tight risk management as market remains uncertain and range-bound.
📌 Conclusion:
EUR/USD is at a decision point. Whether bulls take control or sellers defend key resistance will determine short-term trend direction. Trade the breakout or the reaction — not the prediction.
GBPUSD BULLISH OR BEARISH DETAILED ANALYSISGBPUSD is currently forming a clean bullish pennant pattern on the daily chart after a strong impulsive rally, indicating that the pair is consolidating before its next leg higher. Price is hovering around the 1.3360–1.3380 zone, coiling tightly within the pennant structure, and showing signs of breakout pressure building. This is a classic continuation setup in a trending market, and with volume compression and decreasing volatility, the stage is set for a bullish breakout toward the 1.4070–1.4100 region.
On the fundamental side, the British pound remains relatively supported due to recent hawkish rhetoric from the Bank of England, which is still closely monitoring wage inflation and strong labor market figures. Meanwhile, the US dollar is facing headwinds after softer CPI and PPI readings this month, fueling expectations of Fed rate cuts in the second half of 2025. These macro dynamics are increasingly tilting in favor of sterling strength, as investors begin pricing in yield divergence between the Fed and the BoE.
Technically, the bullish structure is intact and the pennant formation is forming right after a sharp move higher, which adds confluence to this pattern. The breakout zone to watch is 1.3380–1.3400, and if bulls can clear this area with momentum, we are likely to see a swift extension toward the 1.4070 level. The risk is well-contained below 1.3340, offering an excellent reward-to-risk ratio for breakout traders and trend followers.
This setup is not only technically sound but also backed by current macro shifts, making GBPUSD one of the most promising long opportunities right now. The market has been consolidating for weeks, building up energy, and with fundamentals aligning, this breakout could drive a strong move into Q3. I'm eyeing the 1.4070–1.4100 target in the coming weeks, and I'll continue to monitor for confirmation and execution signals.
EURUSD 4H: Breakout or Bust at 1.1250?On the 4H timeframe, EURUSD is currently trading at 1.12450, sitting just below a key resistance level at 1.1250. This level is notable as it aligns with the 38.2% Fibonacci retracement of a recent bullish wave and has historically rejected price advances, reinforcing a bearish tone after multiple tests. A breakout above 1.1250 could ignite further upside momentum, potentially driving the pair toward 1.1389, a target derived from recent trade setups. However, if the price fails to breach this resistance, a pullback toward the support zone at 1.1150, where buyers have previously stepped in, becomes likely.
Technical indicators will be key to decoding the pair’s next move. Watch the 50-period and 200-period moving averages on the 4H chart: if the price holds above these levels, it signals bullish strength, but a drop below could flip the trend bearish. The Relative Strength Index (RSI) is another tool to monitor, overbought conditions near 1.1250 might hint at a reversal, while oversold readings near 1.1150 could suggest a bounce. Look out for RSI divergence too, as it often flags weakening momentum before a shift occurs. These tools together can help pinpoint entry and exit zones.
In summary, EURUSD is at a crossroads on the 4H chart, testing the 1.1250 resistance with 1.1150 as the next support below. A clean break above 1.1250 opens the door to higher targets like 1.1389, while a rejection could see sellers push toward 1.1150. Use moving averages and RSI to time your trades, and stay alert for news that could jolt the market. With the pair consolidating between these levels, patience will pay off, wait for confirmation before jumping in.
EUR/USD Outlook: Bullish Momentum Builds Toward 1.1270The EUR/USD pair continues its upward trend, trading around 1.1195, supported by a weakening US Dollar following softer-than-expected US inflation data for April. Headline CPI rose just 2.3% YoY—its lowest since February 2021—while core CPI held steady at 2.8%, matching forecasts.
Additionally, Moody’s downgrade of the US credit rating from AAA to AA1 due to concerns over fiscal deficits and rising debt has further pressured the greenback—the USD Index dropped 0.6%.
In the near term, EUR/USD is expected to extend gains if it breaks above the key resistance at 1.1270. However, risk remains if upcoming Federal Reserve speeches adopt a more hawkish tone, which could trigger a USD rebound.
Market participants are also watching Germany’s Harmonized Index of Consumer Prices (HICP), set to be released later today, for fresh direction.
💡 Short-Term Trade Scenarios:
BUY EURUSD: zone 1.11600 - 1.11450
SL: 1.11200
TP: 40 - 60 - 100pips