Eurusdlong
DXY Weakens, EUR/USD Breaks Out BullishThe DXY has broken its bullish trendline and a key support area. It is now approaching the next support level on the daily timeframe. Similarly, EUR/USD has broken out above its falling wedge pattern, signaling a bullish move for the euro. Consider buying EUR/USD and riding the trend until it reaches the resistance level.
Pre-FOMC Week - Bullish run on the EUR/USD & GBP/USD....Like last week's video analysis, I'm currently holding long positions on the EUR/USD and GBP/USD. I'm expecting strong movements in the coming week due to FOMC and Interest Rate Policy.
The ETF SOXL, has been running well although Friday dumped pretty hard but long positions remain solid. I'll remain diligent in observing the price action this week and hopefully book a good 90% profit so far for the 1st Quarter of 2025.
EUR/USD:
•1.0265
•1.0416
•Target: 1.06000
GBP/USD:
•1.2209
•Target: 1.2600 or 1.2700
ETF SOXL:
•$29.01
•Target: $36 or $40
Good Luck. Trade Safe.
EUR USD Buy Setup 1 hour timeframe EUR USD BUY Setup
EUR USD continues uptrend after breaking a descending channel on the 4 hour timeframe, turning a bearish trend to a bullish trend.
Buying confirmation
Bullish break and retest + Fib Retracement level
Entry confirmation 1 hour Bullish Engulfing candlestick
Risk to Reward 1:3
Risk 20 pips
Targeting 60 pips
EURUSD Six months viewI think that can be usefull to think long term. This is my view for the next six months about EURUSD. I think that price is under accumulation, and this could lasts some few weeks. It can move in a range maybe till end of February/March, next i expect a slow rally for April till end of May/June. My final target is the 1.10 area, and i marked two areas where i will add some longs.
Good Luck everyone
EUR/USD Falling Wedge The falling wedge pattern on the EUR/USD 12-hour chart has been confirmed, signaling a potential bullish breakout. This classic technical setup indicates a reversal from the prior downtrend, with buyers stepping in as price breaks above the upper resistance line of the wedge.
Key Details:
Pattern Confirmation: The breakout above the wedge resistance line confirms the pattern, with a retest further validating the upward move.
Targets:
Target 1: 1.0600 – Based on previous support-turned-resistance levels.
Target 2: 1.0900 – The measured move from the height of the wedge added to the breakout point.
This setup reflects the strength of technical analysis, with the falling wedge showing the market's tendency to reverse after sustained selling pressure. A strong support level provides the foundation for this bullish move.
EurUsd- A nice bullish setup with 1.06 targetLike most major pairs, EUR/USD experienced a challenging final quarter of 2024, with the price dropping approximately 1,000 pips following the double top at 1.12.
The start of 2025 saw a further decline, breaking below the 1.0350 support level and reaching a low of 1.0180.
However, the market quickly reversed after this low.
On Monday, a strong Bullish Engulfing candlestick formed, reclaiming the 1.0350 support level.
Yesterday, this support was confirmed again, leaving a continuation Pin Bar on the daily chart. Adding to this bullish picture, the price also broke above the falling trend line, signaling a well-structured bullish setup.
Currently, the bulls have the upper hand. If the price manages to break above the horizontal resistance at 1.0440, the path should be clear for a rise toward the 1.06 zone.
In conclusion, buying on dips appears to be the ideal strategy, with invalidation of this setup occurring if the price falls below 1.03.
EURUSD, UP or DOWN ?Hello Traders, what do you think about FX:EURUSD ?
Yesterday we had a huge upward movement because of Tariff plans. but as long as price is below 1.0460, we better to find short position and if price stabilizes above this number at daily timeframe, we can think about buy.
remember that Eurozone performance is unstable and we can't expect a large upward movement in this pair at least for short term, unless the data that comes from US is very bad.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
If this post was helpful to you, please like it and share it with your friend.
THANKS.
EUR/USD Very Near Buying Area , Don`t Miss This Chance !Here we have a very good new up trend line on 4H Time Frame , and the price touch it 2 times , and now we are waiting For third touch and it will be the best one , so i`m waiting for the price to touch it and give me a good bullish price action and then we can enter a buy trade .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/USD Longs from 1.02000 back upWhile the overall trend for EUR/USD (EU) remains bearish, the strong reaction from my marked demand zone last week has caused a Change of Character (CHOCH) to the upside. This indicates a temporary shift in momentum, and I plan to capitalize on this bullish move.
My strategy is to wait for a retracement back into the 8-hour demand zone below. Once the price taps into this zone while sweeping liquidity, I’ll look for lower time frame confirmations to enter buy positions.
However, if the price continues to move higher without retracing, I’ll consider potential sell opportunities from the key level at 1.04000.
Confluences for EU Buys:
- A CHOCH to the upside has temporarily shifted the trend.
- Significant liquidity to the upside in the form of equal highs and an imbalance that needs to be filled.
- A clean, unmitigated 8-hour demand zone remains below.
- The DXY aligns with this counter-trend idea.
- A pool of liquidity below is likely to be swept before price enters the point of interest (POI).
Note: If the price breaks structure further to the upside, I’ll identify a new demand zone. For now, my primary focus remains on the 8-hour demand zone below for buys and the 6-hour supply zone above for potential sells.
EUR/USD Trade Plan Summary - Reversal
Entry: Place a Buy Stop at 1.04355, confirming a breakout from the falling wedge.
Stop Loss: Set at 1.01702, below the recent lower low to limit risk.
Take Profit: Target TP1 at 1.06993 and optionally TP2 at 1.09253 for extended gains.
Confirmation: Wait for a daily candle close above the wedge before activating the trade.
Risk Management: Risk 1-2% of capital and adjust position size based on the entry-to-SL distance.
EURUSD Updatethis pair is forming a descending channel but its not valid yet we're waiting for our third touch and rejection on the trendline so we can considerate a valid one
once it hit the trendline we can look for a short (sell) trade on lower timeframe
and also we will be waiting for it to break and close an h4 or h8 candle above the third touch to enter a long (buy) trade
Follow us for more updates and idea
EURUSD Will be in bearish direction after Breaking ChannelHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD Will be in bearish direction after Breaking ChannelHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD - possible sells with the Data release?Here is our analysis on EURUSD . Possible shorts in play.
As we are anticipating the news release today, we can still assume the TVC:DXY will remain bullish. If the News and Data release is positive for the US Dollar , we could see more downside on the pair. With the new H4 just opening and the previous closing strongly bearish, we can assume that EURUSD will continue going down. Our Entry is sitting at 1.03272 with SL (Stop Loss) at 1.03587 . If we break above our SL we would most likely reverse and this trade idea would be invalidated. Our TP (Take Profit) is sitting at 1.02642 and if broken + the positive news and data release, we could see the price digging even deeper .
PARAMETERS
- Entry: 1.03272
- SL: 1.03587
- TP: 1.02642
KEY NOTES
- EURUSD is bearish.
- DXY (USD) still remains bullish and holds strength against other pairs.
- Positive news for the US could result in even lower prices on EURUSD.
Happy trading!
FxPocket