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EURUSD

EURUSD Gearing Up for Next Leg Up – DXY Weakens After PPI MissToday, key U.S. economic indexes were released, providing fresh insights into inflationary pressures and the state of the labor market: Core PPI m/m: Actual: 0.1% | Forecast: 0.3% | Previous: -0.4% Lower than expected – suggests weaker underlying producer inflation. PPI m/m: Actual: 0.1% | Forecast: 0.2% | Previous: -0.5% Slight miss – overall inflation at the producer level remains soft. Unemployment Claims: Actual: 248K | Forecast: 242K | Previous: 247K Slightly higher than forecast – signaling some cooling in the labor market. Market Outlook : These data releases point toward cooling inflation and softness in job growth, which may strengthen the dovish narrative around the Fed’s next move. DXY Index ( TVC:DXY ) is under pressure, and EURUSD ( FX:EURUSD ) is showing signs of bullish momentum . ----------------------------------------------------------- Now let's take a look at the EURUSD chart on the 1-hour time frame . EURUSD is trading near the Heavy Resistance zone($1.182-$1.160) and Monthly Resistance(2) . In terms of Elliott Wave theory , EURUSD appears to be completing microwave 4 . Microwave 4 could be completed at one of the Fibonacci levels . I expect EURUSD to attack the Heavy Resistance zone($1.182-$1.160) at least once more after completing microwave 4 and could even rise to the Potential Reversal Zone(PRZ) . Note: If EURUSD touches $1.1446 , we can expect more dump. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-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.
Long
by pejman_zwin
1
DeGRAM | EURUSD above the 1.15📊 Technical Analysis ● Hourly close above 1.1500 completed a small ascending triangle; price is now hugging the rising-channel’s upper rail after a chain of higher-lows, pointing toward the 1.1600 objective. ● Triangle top and channel mid-line overlap at 1.1500-1.1520; while candles stay above, risk : reward favours a push to the next fib / upper parallel near 1.1650. 💡 Fundamental Analysis ● US core-CPI eased to 0.1 % m/m, driving Treasury yields lower and lifting September Fed-cut odds >70 %, weakening the dollar, while ECB officials talked up a “data-dependent” pause, keeping euro bids firm. ✨ Summary Long bias while price holds 1.1520; targets 1.1600 then 1.1650. Invalidate on an hourly close below 1.1470. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
EURUSD Set To Fall! SELL! My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.1596 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1533 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis 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
by AnabelSignals
1
EUR/USD Slips on Geopolitical TensionsEUR/USD dropped to around 1.1530 on Friday, ending a four-day rally, as safe-haven demand lifted the US Dollar amid rising Middle East tensions. Israel struck Iranian targets to weaken its nuclear program, prompting emergency measures. The US denied involvement but warned Iran not to target its assets. Trump’s plan to expand steel tariffs from June 23 added trade uncertainty, while soft US inflation data kept Fed rate cut hopes alive. Markets now await the US Michigan Sentiment report for further signals. Resistance is located at 1.1580, while support is seen at 1.1460.
by ChartMage
EURUSD Outlook – Long, Medium & Short-Term Analysis🔹 Weekly Chart: The broader structure remains technically bearish. We've recently seen a trend reset, which could mark the beginning of a fresh downside leg. 🔹 Daily Chart: A clear bearish trend reversal pattern has formed, accompanied by a manipulation phase. A confirmed break structure is now in place. As long as price remains below 1.15734, short positions remain valid. 🔹 4H Chart: Currently in a range-bound phase. A confirmed break below 1.1371 will be a key bearish trigger for potential selling opportunities. 🔹 1H Chart: Still ranging, but a valid Lower Low (LL) has already printed. A second LL below 1.1371 would confirm a short-term bearish continuation. On the flip side, a break above 1.1495 would open the door for a bullish move in the short term. 📌 Key Levels to Watch: Bullish above: 1.1495 Bearish below: 1.1371 Critical invalidation: 1.15734 Trade safe and stay disciplined.
by Charts247TradingAcademy
1
USD Weakness Persists: Can EUR/USD Target 1.18? The EUR/USD exchange rate has continued to strengthen, breaking through the psychological barrier of 1.1600 during the intraday session, marking the first time it has reached this level since November 2021. The pair surged to an intraday high of 1.1630, driven by the confluence of a persistently weakening US dollar and enhanced economic resilience in the Eurozone. Technically, the EUR/USD currently exhibits a robust bullish pattern. If it can sustain above the 1.1600 threshold, it is poised to test the 1.1800 resistance zone. Conversely, a false breakout followed by a retracement below 1.1500 would warrant caution, as it may signal a attenuation of bullish momentum and potential reversal risks. Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Short
by Ashbur
Testing Upper Channel Line || Eyes on 1.16 and Previous High📌 EURUSD 4H – Testing Upper Channel | Eyes on 1.1600-1.1666 🕓 June 12, 2025 👤 By: MJTrading 🔍 Technical Overview: EURUSD continues its upward trajectory within a clean ascending channel, respecting both dynamic structure and EMA support zones. We're now retesting a key confluence area: ============================================================== 🔻 Bearish Setup Idea: Entry Zone: 1.1570–1.1600 Stop Loss: Above 1.16666 (round number & psychological resistance) Target: Channel midline (~1.1450) or lower band (~1.1380) 🧠 Why This Zone Matters: 🔺 Previous Swing Highs: Price is revisiting the April peak zone (~1.1570) 🧱 Round Number Confluence: 1.1600 & 1.1666 📉 Rising Channel Resistance: Upper boundary hit after extended leg 🔄 Potential Mean Reversion: EMAs are lagging behind price ⚠️ Invalidation: A clean break and close above 1.1700 with follow-through may invalidate short bias and signal continuation toward 1.1800+ 💬 Patience is power. Let the levels do the talking. 📎 #EURUSD #ForexAnalysis #TechnicalTrading #SmartMoney #PriceAction #RoundNumberLevels #MJTRADING
Short
by MJElahifx
The surge in the euro was expected 💡Message Strategy Since the beginning of this trading week, a number of economic data released by the United States have been weak. Following the decline in the manufacturing PMI, the ISM service PMI for May released on Wednesday fell to 49.9, the first contraction in nearly a year. In addition, the ADP employment data was also far below expectations, with only 37,000 new jobs, far below the expected 115,000, which strengthened the market's concerns about the risk of a US recession, thereby dragging down the US dollar. At the same time, risk aversion and uncertainty in the United States have not improved significantly, and trade tensions, debt prospects and weak US bond yields have put pressure on the US dollar. Obviously, in the game between eurozone monetary policy and US economic data, the euro wins. 📊Technical aspects From the daily chart, the exchange rate has maintained a strong oscillation pattern since mid-April, and has generally been running between the middle and upper tracks of the Bollinger Bands. The upper track of the Bollinger Bands is currently at 1.1471, and the lower track is at 1.1118. The Bollinger Bands are slightly open, indicating a rebound in volatility. The MACD indicator shows that the double lines form a golden cross, and the bar chart turns from green to red, suggesting that the downward momentum is weakening; the RSI indicator remains near 57, slightly in the neutral to bullish area, and has not yet reached the overbought level. The overall technical pattern tends to fluctuate upward. If it breaks through the 1.1500 area, it will continue to rise. At present, the main idea is still to do more on the callback, and do not blindly chase the short. Long Position: 1.14450-1.14650
Long
by TheodoreSilas
1
EUR/USD AccumulationOn the 5-minute timeframe, buying activity initiates, signaling the potential end of the downtrend. The first indication of upward momentum appears following the formation of a range and a subsequent liquidity sweep. Price then retests the prior low with diminished volume but fails to break below it, suggesting that selling pressure is being absorbed by buyers. This behavior reflects accumulation by informed participants positioning for a move higher. As demand begins to outweigh supply, clear signs of strength emerge Entry: 1.15765 Take Profit: 1.16279 Stop Loss: 1.15621
Long
by richard925
EURUSD BULLISH OR BARISH DETAILED ANALYSISEURUSD is showing strong bullish momentum after a clean bounce from the key support zone around 1.12. Price structure confirms higher lows and strong bullish candle formations on the daily chart, suggesting the bulls are in control. This recent move is backed by a textbook retest and rejection from the previous resistance-turned-support zone, giving confidence in a potential continuation toward the 1.19 level. With the current price trading near 1.15 and pushing higher, the market is positioned for a strong bullish wave in the coming sessions. From a fundamental perspective, the Euro has gained fresh support after the ECB’s decision last week to proceed with a measured and data-dependent rate cut cycle. While the ECB delivered its first cut, the tone was cautious and far less dovish than anticipated, which kept EUR strength intact. On the USD side, traders are pricing in a more dovish outlook for the Federal Reserve, especially with recent CPI and PPI data pointing toward cooling inflation. This divergence in policy outlook continues to favor EURUSD upside in the medium term. Technical indicators are also confirming the bullish bias. The pair is riding an ascending trendline, and momentum indicators like RSI remain in bullish territory without yet being overbought. A daily close above the 1.1550 area strengthens the case for a continuation move. The price is aiming for the next major resistance around 1.1770–1.19, where bulls are likely to take profit or scale out. Until then, dips are likely to be bought aggressively, as long as the 1.12 support remains intact. This setup presents a high-probability opportunity in a trending market backed by both fundamentals and technical confluence. As long as the bullish structure holds, I remain long-biased on EURUSD with eyes on the 1.19 zone as the next key level. With increasing market interest, low volatility on the downside, and strong trend-following signals, this pair is set for a continued rally.
Long
by AndrewsMarket-Mastery
DeGRAM | EURUSD held the support📊 Technical Analysis ● Euro holds above 1.137 – 1.140, where the channel’s mid-line meets the old wedge roof, printing a fresh higher-low (green arrow). ● Price is compressing inside a pennant capped at 1.142; flag height projects to 1.156 – 1.160 at the rising-channel median once 1.142 gives way. 💡 Fundamental Analysis ● After the ECB’s “one-and-pause” cut, sticky EZ core CPI (2.9 % y/y) and softer US payrolls narrowed the 2-yr rate gap, keeping flows tilted toward the euro. ✨ Summary Buy 1.137–1.141; pennant breakout >1.142 targets 1.156 → 1.160. Long bias void on an H4 close below 1.126. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
EURUSD SHORT FORECAST Q2 W24 D12 Y25EURUSD SHORT FORECAST Q2 W24 D12 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 ✅15' order block ✅4 hour order block ✅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
Short
by JCFRGNT
EURUSD, GBPUSD - Outlook for next weekEURUSD - So we have 2x 4 hour POI's (Points Of Interest). Will be looking at potential reversals at both POI's however, within the first POI we have an area of potential liquidity that could look to be taken before we make out move back to the upside. Therefor, the second POI could look to be our more solid option for our buying options at some point next week. GBPUSD - This pair looks to be building its liquidity now for potential trades to the upside as today on the lower TF's it was setting quite a few traps for the potential longs and the traders that would have been shorting the breaks below structure to the left. If you have any questions for me please do let me know
by BenFxLDN
Rising Geopolitical Risk Could Pressure EURUSDEURUSD attempted to break the upper line of the trend channel yesterday, but with the start of the Israeli attack, a quick selloff followed. Rising geopolitical risks typically increase demand for U.S. debt and the dollar. As a result, EURUSD’s rally is facing short-term bearish pressure. The first key support level at 1.1495 is being tested. If it holds, there is a chance for another attempt at the upper line. However, if it breaks, 1.1440 and 1.1370 are the next support levels to watch in the short term.
by ftdsystem
USDCHF Bullish or bearish Detail ANAYSISUSDCHF is currently setting up for a classic bearish continuation pattern. After breaking down sharply from the key support turned resistance zone around 0.81500, the pair is now in the middle of a technical retest. Price is currently hovering near 0.81 and showing signs of weakness on lower timeframes. This retest into the previous demand-turned-supply area aligns well with the expectation of a further leg to the downside. As long as the price stays below 0.81500, sellers are likely to dominate, targeting 0.8000 in the near term. From a fundamental perspective, the bearish pressure on USDCHF is supported by growing market speculation that the Federal Reserve may begin rate cuts sooner than previously expected. With the latest US CPI data confirming disinflationary progress and unemployment claims ticking higher, dollar strength is taking a hit. Meanwhile, the Swiss Franc remains relatively stable as the SNB continues its measured approach, with inflation staying well within target and no immediate pressure to cut rates. This monetary policy divergence favors further downside in USDCHF. Technically, momentum remains strongly bearish. The recent bounce appears corrective rather than impulsive, suggesting the bears are still in control. If price rejects the 0.81500 zone with a clear reversal candle, we can anticipate a strong continuation move toward the psychological level of 0.8000. This level also aligns with previous demand zones and Fibonacci extension targets, making it a solid downside objective. This setup is a clean example of trend-following structure with fundamental backing. USDCHF is preparing to complete a textbook retest before its next drop, offering a high-probability short opportunity. If the rejection confirms around 0.81500, sellers can expect a solid move toward 0.8000 with favorable risk-reward. The setup is ideal for short-term swing traders tracking USD weakness across the board.
Short
by AndrewsMarket-Mastery