Falling towards 38.2% Fibonacci support?The Fiber (EUR/USD) is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 1.0357
1st Support: 1.0291
1st Resistance: 1.0462
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURUSD
EUR/USD Faces a New Neutral MovementThe latest movements in the EUR/USD pair have been highly indecisive in the short term, with strength constantly shifting between the U.S. dollar and the euro. This is due to the increasingly neutral stance of both currencies, fueled by the ongoing tariff-related turmoil from the White House. Initially, these policies significantly strengthened the U.S. dollar, but confidence in the euro has gradually returned as the market begins to view Trump’s approach as a negotiation tactic rather than a policy with long-term economic consequences.
As a result, short-term dollar weakness has become evident, and the DXY index, which tracks dollar strength, has already accumulated a decline of over 2% in the past three trading sessions.
Neutrality Increases
At the moment, EUR/USD has been testing the key barrier at 1.04061 , which aligns with the 50-period moving average and the Ichimoku cloud resistance in the short term.
Additionally, the TRIX indicator line has oscillated toward the neutral 0 level , reflecting a state of equilibrium in the average of recent market movements.
This key barrier and the neutrality observed in the TRIX suggest that the pair remains firmly in a neutral stance in the short term. As long as the price does not break away from the 1.04061 zone , it is unlikely that a clear trend will emerge in EUR/USD.
Key Levels:
1.05994: The most important resistance level in the short term, coinciding with the previous December highs. A breakout above this level would strengthen bullish momentum and increase the probability of a larger uptrend formation.
1.02290: A critical support level, marking the lowest point reached by the pair in the last two months. A bearish break below this level could restart the downtrend that had been in place since September 2024.
As a reminder, if price movements continue hovering around the 1.04061 barrier, the current sideways range may still have room to extend further.
By Julian Pineda, CFA - Market Analyst
GBPUSD WGBP/USD jumped to the 423% Fibonacci level, breaking the weekly trendline and attempting a new high. However, the time cycle and structure are not yet complete. The market may create fake zones to trap liquidity before completing the structure. A sharp drop is possible, depending on the duration of the sideways movement. If the sideways phase breaks all previous highs, the market could turn bullish. However, the bearish structure is still in progress.
Bearish reversal?EUR/USD is rising towards the resistance level which is an overlap resistance that is slightly below the 78.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.0452
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
Stop loss: 1.0523
Why we like it:
There is a pullback resistance level.
Take profit: 1.0345
Why we like it:
There is a pullback resistance 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 On The Rise! BUY!
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.0256
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0358
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
EUR/USD Consolidates, Upside LimitedThe EUR/USD pair is struggling to sustain its recovery from the 1.0200 area, the lowest since January 13, and is fluctuating near Wednesday’s weekly high around 1.0375-1.0380, showing little change amid mixed economic signals.
Tuesday’s JOLTS report signaled a US labor market slowdown, reinforcing expectations of two Fed rate cuts this year. A risk-on mood keeps the USD near its weekly low, supporting EUR/USD, but concerns over potential US tariffs on EU goods and the ECB’s dovish stance, despite a 2.5% YoY rise in Eurozone HICP for January, limit upside potential.
Traders await the final Eurozone Services PMI, while the US calendar features the ADP private-sector employment report, ISM Services PMI, and Fed speeches, influencing USD demand. However, Friday’s US NFP report remains the key focus.
Technically, resistance levels are at 1.0410, 1.0460, and 1.0515, while support stands at 1.0350, 1.0220, and 1.0180.
DeGRAM | EURUSD trying to get out of the channelEURUSD is above the descending channel between the trend lines.
The price is moving from the dynamic support.
The chart has exited the descending channel and is now holding above the 62% retracement level.
We expect the growth to continue if the price can consolidate above the current retracement level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Euro can fall to buyer zone and then start to move upHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price started to trades inside the range, where it at once dropped below the resistance level, breaking it. But soon Euro backed up, making a fake breakout with the first gap and later reaching the top part of the range. Next, the price started to decline and soon fell to the 1.0465 level, broke it, and exited from the range, continuing to decline inside the downward channel. In the channel, the Euro fell to the support line and then in a short time rose to the resistance line, rebounded, and fell to the buyer zone, breaking the support level. After this movement, the price turned around and started to move up, so soon, it rose to the resistance line, breaking the support level again and later Euro exited from the channel. Next, the price continued to move up and rose to 1.0530 points, breaking the resistance level, but soon it turned around and dropped to the support level, making a second gap. At the moment, the price is trying to grow, for this case, I think that the Euro will fall to the buyer zone and then rebound up, therefore I set my TP at 1.0375 points. Please share this idea with your friends and click Boost 🚀
Gold’s Got Game!Gold’s Got Game: Why This Metal’s Making Fiat Look Like Monopoly Money 🤑
Introduction
Gold isn’t just shiny—it’s sassy. While fiat currencies are busy falling apart like a cheap IKEA table, gold’s over here flexing in style. The chart? Oh, it’s a thing of beauty—a perfectly behaved ascending channel, the kind that makes traders weak in the knees. But wait, there’s more! Let’s dig into why gold’s the MVP of this market. Spoiler: It doesn’t involve a billionaire tweeting 🚀.
Trendlines So Sexy, They Should Be Illegal
Look at that chart. Just LOOK at it. Perfect lines, clean swings, and a channel that’s so disciplined it could teach your trading account some manners. Gold’s not just going up—it’s strutting. This isn’t your everyday pump-and-dump nonsense; this is a long-term glow-up.
Gold’s Secret Sauce 🍯
Why is gold moonwalking its way to the top? Glad you asked:
Inflation’s Revenge 😡
Central banks printing money faster than you can say “quantitative easing”? Classic. Every dollar you hold is depreciating, but gold? It’s sipping tea, whispering, “Stay poor, fiat.”
Geopolitical Chaos 🎭
From trade wars to actual wars, the world’s on fire 🔥, and gold is the fireproof safe. Every time a headline screams “uncertainty,” gold gains another point.
Chart Patterns: Gold's Glow-Up Timeline 🌟
The Breakout Bounce (Feb–May): A breakout so clean it probably eats kale salads. Gold smashed through resistance and said, “Later, losers.”
The Mid-Year Flex (June–August): A pullback? Sure. But even then, it respected the channel like a disciplined trader.
The Current Power Move (Feb 2025): Now we’re seeing that next-level push, eyeing $2,900 like it’s a Black Friday sale.
And let’s not ignore the elephant in the room: that arrow aiming straight for the top. Whoever drew it, we get it. Moon or bust 🚀.
The Real Question: Are You Late to the Party? 🥳
Short answer: Nope. Long answer: If this channel holds (and it’s been rock-solid so far), gold’s got room to run. But don’t just take my word for it—check the fundamentals. Oh wait, they’re screaming “BUY” too. 😏
Gold isn’t just moving—it’s making a statement. In a world full of financial chaos, it’s the one asset that doesn’t flinch. While fiat currencies play hot potato, gold’s over here saying, “Come at me, bro.” So, are you going to keep watching from the sidelines, or are you ready to get in the game? Your move.
Gold’s making moves, and the chart isn’t lying. So, are you ready to listen—or are you still clinging to that “cash is king” nonsense? 🤔
Market Analysis: EUR/USD RecoversMarket Analysis: EUR/USD Recovers
EUR/USD started a fresh increase above the 1.0310 resistance.
Important Takeaways for EUR/USD Analysis Today
- The Euro started a decent recovery wave from the 1.0210 zone against the US Dollar.
- There was a break above a connecting bearish trend line with resistance at 1.0340 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical Analysis
On the hourly chart of EUR/USD at FXOpen, the pair started a recovery wave after a major decline, as mentioned in the last analysis. The Euro cleared the 1.02700 resistance to move into a short-term bullish zone against the US Dollar
The bulls pushed the pair above the 50-hour simple moving average and 1.0310. The pair cleared the 50% Fib retracement level of the downward move from the 1.0467 swing high to the 1.0210 low.
Besides, there was a break above a connecting bearish trend line with resistance at 1.0340. Immediate resistance on the EUR/USD chartis near the 1.0390 zone. The first major resistance is near the 1.0410 level and the 76.4% Fib retracement level of the downward move from the 1.0467 swing high to the 1.0210 low.
An upside break above the 1.0410 level might send the pair toward the 1.0465 resistance. The next major resistance is near the 1.0500 level. Any more gains might open the doors for a move toward the 1.0550 level.
Immediate support on the downside is near the 1.0340 level. The next major support is the 1.0310 level. A downside break below the 1.0310 support could send the pair toward the 1.0270 level. Any more losses might send the pair into a bearish zone toward 1.0210.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
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.
DeGRAM | EURUSD bounced from supportEURUSD is in a descending channel between trend lines.
The price is moving from the support level and the lower trend line, and is now holding in the channel and above the 38.2% retracement level.
The chart formed a harmonic pattern while reaching support.
We expect the bounce to continue.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Hellena | EUR/USD (4H): LONG to the resistance level of 1.03609.Colleagues, the situation on the markets is quite complicated. Now we are witnessing a period of complex combined corrections and lengthening waves. But it is also possible to analyze it.
At the moment I expect the big gap to close and reach the resistance level of 1.03609. We all know that gaps usually close.
This will be a correction in wave “2”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EUR/USD: Between Rebound Hopes and Tariff TensionsThe EUR/USD pair experienced a strong rebound on Tuesday, rising by 0.8% and breaking a six-day losing streak, although it failed to reclaim the 1.0400 threshold. Despite this recovery, bullish momentum remains fragile as the euro is heavily influenced by broader market flows and the anticipation of upcoming US Non-Farm Payroll (NFP) data. The pair found initial support at the weekly low of 1.0209 on February 3, with a potential decline towards the 2025 bottom of 1.0176 if this support fails. A break below this level could pave the way for a test of the psychological parity threshold. On the upside, resistance is identified at 1.0532, the year’s high recorded on January 27. The pair’s recovery was driven by a weakening US dollar, as the Dollar Index (DXY) fell below the 108.00 support, influenced by market reactions to President Donald Trump’s plans to delay a 25% tariff on Canadian and Mexican goods while maintaining a 10% levy on Chinese imports. Although the US dollar has weakened, the tariff issue is expected to strengthen its position in the long term, potentially supporting a bullish outlook for the currency. Central banks also play a crucial role: the Federal Reserve kept interest rates unchanged last week, signaling a cautious approach amid strong economic growth, persistent inflation, and low unemployment. Meanwhile, the European Central Bank (ECB) cut rates by 25 basis points, hinting at possible further easing while expressing optimism about controlling eurozone inflation. ECB President Christine Lagarde emphasized a data-driven approach, ruling out the possibility of aggressive rate cuts. Trade tensions, particularly those linked to US tariffs, could further complicate the euro’s outlook. Prolonged tariffs could fuel inflation in the United States, prompting the Fed to adopt a more hawkish stance, which could strengthen the dollar and put pressure on the euro, potentially pushing the EUR/USD pair toward parity. Looking ahead, the euro faces challenges from the resilience of the US dollar, divergent monetary policies between the ECB and the Fed, and structural issues within the eurozone, such as Germany’s economic slowdown. While short-term rallies are possible, the overall outlook for the euro remains uncertain, with persistent risks related to geopolitical tensions and tariff policies likely to shape the pair’s trajectory.
EURUSD H1 | Bearish Drop Based on the H1 chart, the price is approaching our sell entry level at 1.03789, which aligns with a key resistance zone and the 78.6% Fibonacci retracement level. This level is expected to act as a potential reversal point in the bearish setup.
Our take profit is set at 1.03435, near a previous support zone, where price may find buying interest.
The stop loss is placed at 1.04040, above the 161.8% Fibonacci extension, providing room for price fluctuations while ensuring the bearish setup remains valid.
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 (fxcm.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 (fxcm.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 Trading Pty. Limited (fxcm.com/au):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au
Stratos Global LLC (fxcm.com/markets):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURUSD 5 Feb 2025 W6 - Intraday Analysis - EU PPI - US ADP/PMIThis is my Intraday analysis on EURUSD for 5 Feb 2025 W6 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Investors remain cautious but are gradually finding footing after recent bouts of volatility linked to aggressive trade measures and policy uncertainty. The sentiment can best be described as a mix of risk aversion amid global trade tensions and a tentative willingness to engage as economic data remains broadly resilient.
The U.S. dollar has experienced modest strength but remains under pressure due to the broader uncertainty in trade dynamics and the potential for escalating tariffs, particularly from ongoing actions against major trade partners even with pause of tariffs on Canada and Mexico. The target is Europe.
Federal Reserve Outlook:
While the recent policy stance has been one of a pause, the Fed is expected to continue monitoring inflationary trends closely. Any future adjustments to monetary policy are likely to be data-dependent, with the current sentiment suggesting that policymakers will remain cautious amid trade-induced uncertainties.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bearish
🔹Reached Swing Extreme Demand
🔹Swing Continuation
2️⃣
🔹With the Bearish iBOS, price confirmed the Swing pullback phase.
🔹We reached the Swing extreme demand which triggered a V-shape reaction indicating the bullish continuation.
🔹Price is currently targeting the liquidity (CHoCH) at 1.04342 (15m Swing High).
3️⃣
🔹Expectations is set to continue Bullish for the Bullish 4H Swing Continuation after reaching the Swing Extreme Demand.
15m Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bullish
🔹Swing Pullback
2️⃣
🔹Swing turned bearish signaling the 4H/Daily bearish continuation.
🔹After a BOS we expect a Pullback, price pulled back with series of Bullish INT structures reaching the 4H Supply and the 15m Swing extreme.
🔹While the 4H Swing Structure is Bullish, 15m Swing still Bearish.
3️⃣
🔹Expectations is set to continue bullish to sweep the 4H liquidity (Forming a Bullish
FOREX Forecast UPDATES! Wednesday, Feb 5thIn this video, we will update the forecasts for the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
The USD Index is now reacting to the Weekly Supply Zone, turning over. There was a bearish MSS, so sells are valid. A BOS would confirm the bearish trend starting, but we need to see how the price action plays out over the next two days.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.In this video, we will update the forecasts for the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
The USD Index is now reacting to the Weekly Supply Zone, turning over. There was a bearish MSS, so sells are valid. A BOS would confirm the bearish trend starting, but we need to see how the price action plays out over the next two days.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GBP/AUD: The Impact of Tariffs on MarketsThe GBP/AUD exchange rate showed mixed movements from January 27 to February 4, 2025, closing at 1.99489 on February 4 with a decline of approximately 0.42% compared to the previous session. Despite a modest rally on February 3, with an increase of about 0.58%, the subsequent downturn signals prevailing bearish sentiment. This fluctuation highlights a cautious market environment influenced by several key factors. A technical report dated February 4 highlighted a symmetrical triangle pattern where, despite a bullish crossover of the 9-period moving average above the 14-period moving average, the price remains confined between a resistance level around 2.0050. This range-bound behavior reflects traders' hesitation as they await a decisive breakout to confirm the next directional trend. Additionally, geopolitical factors have significantly impacted volatility. The announcement of new U.S. tariffs by President Trump temporarily pushed GBP/AUD above 2.012. However, this rally was short-lived, with the rate retracting shortly after due to market adjustments, demonstrating the pair's sensitivity to external economic policies. Furthermore, risk-off flows have contributed to intermittent strength in GBP/AUD, but the overall sentiment remains mixed. Technical indicators and the persistent narrow trading range indicate ongoing uncertainty, applying continuous downward pressure on the pair.
EURUSD: 4H Bullish Cross not so bullish historically.EURUSD is neutral on its 1D technical outlook (RSI = 49.247, MACD = -0.001, ADX = 21.205) and just formed a 4H Bullish Cross between the 1D MA100 and 1D MA200. This hasn't had a bullish effect in the past 12 months as the two times we saw it in 2024, it immediatelly market the top of the short term trend and caused pull backs to at least the 0.618 Fibonacci level. Consequently we will use it as an instant sell signal (TP = 1.02625).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
EURUSD: Bullish Continuation & Long Trade
EURUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURUSD
Entry - 1.0331
Sl - 1.0287
Tp - 1.0413
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️