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
Eurusdprediction
EURUSD(20250616) Today's AnalysisMarket news:
Trump: The United States may still intervene in the Iran-Israel conflict. If Iran launches an attack on the United States, the United States will "fight back with all its strength on an unprecedented scale." Iran and Israel should reach an agreement.
Technical analysis:
Today's buying and selling boundaries:
1.1550
Support and resistance levels:
1.1674
1.1628
1.1598
1.1502
1.1472
1.1426
Trading strategy:
If the price breaks through 1.1550, consider buying, and the first target price is 1.1598
If the price breaks through 1.1502, consider selling, and the first target price is 1.1472
EUR/USD - Upside Bias Continues Amid Market EventsHi Everyone,
As outlined in our analysis last week, we continue to expect EUR/USD to advance further to the upside. A successful retest of the 1.15240 level provides support for the move.
This promises to be an eventful week as markets navigate geopolitical tensions and upcoming central bank decisions. As long as price holds above 1.14483, we anticipate a continuation higher toward the 1.16564 level, which would further reinforce our long-term bullish outlook.
A confirmed break above this resistance would likely open the door for a move toward 1.18325, where we anticipate encountering dynamic resistance.
We will provide further updates on the projected path for EUR/USD should price reach this level.
The longer-term outlook remains bullish, with expectations for the rally to extend toward the 1.2000 level, provided the price holds above the key support at 1.10649.
We will continue to update you throughout the week with how we’re managing our active ideas and positions. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for a good end to the week. Trade safe.
BluetonaFX
EUR/USD Elliott Wave Outlook – Expanded Flat Playing Out?EUR/USD appears to be unfolding a classic expanded flat correction for wave (4):
Wave A formed as a 3-wave zigzag
Wave B retraced beyond the start of A — a key trait of expanded flats
Now looking for a 5-wave C-leg decline toward the 1.1122 – 1.1002 area
Aligned with 1.0–1.618 extensions of A
RSI + MACD divergence adds bearish confirmation at the B top
Potential bullish reversal zone into late June / early July
As long as price holds below the B high (~1.1650), the bearish path in wave C remains in play.
📍 Target zone: 1.1122–1.1002
📈 Bias: Bearish short-term, bullish long-term (wave 5 up next)
EURUSD is continuing its uptrendEURUSD is still in a strong uptrend. There was a drop in the Asian and European sessions on Friday but that was not enough to reverse the pair. The end of the US session saw the price being pushed up by the bulls from the 1.155 price zone and is stuck in this resistance zone.
The price continues to increase when breaking 1.155 will head towards the resistance of 1.161, the highest peak of last week. If there is a retest of 1.155, the price will head towards 1.166 next week to be able to use short-term SELL strategies
The BUY strategy is still prioritized as the EU is still in an uptrend. The main BUY zone of the pair is still waiting for 1.150 and lower is the breakout zone of 1.145
Resistance: 1.161, 1.166
Support: 1.150, 1.145
EUR/USD Breakout Retest StrategyEUR/USD Breakout Retest Strategy 🟢📈
📊 Technical Analysis Summary:
The chart illustrates a bullish breakout from a consolidation range with a well-defined support near 1.12500 and resistance between 1.16500–1.17000.
🔍 Key Observations:
🔸 Triple Rejection Zone:
Price faced rejection 3 times (highlighted with orange circles) near the same level before the breakout — classic liquidity sweep above resistance.
🔸 Strong Support Bounce:
Each time price reached the green support zone, it showed strong bullish reaction (green arrows) signaling solid buying interest.
🔸 Break and Retest Formation:
Price broke the previous highs and now seems to be retesting the breakout zone (around 1.15250–1.15300). A successful retest could confirm bullish continuation.
🔸 Projected Bullish Move:
If the retest holds, we may see price pushing up toward the 1.17000 resistance zone as marked.
📌 Trading Plan:
✅ Bullish Bias above 1.15250
✅ Look for bullish candlestick confirmation or breakout structure
🚫 Avoid trades if price drops below 1.15000 with momentum
📈 Target Zone: 1.16500 – 1.17000
🛑 Stop Loss suggestion: Below 1.14750
🧠 Keep patience during the retest — smart money often tests emotions before real moves! 💰📉📈
(iFVG) before continuing its fall.EUR/USD is now ready to move downward. The market has already cleared out all the liquidity above, which suggests that it's now in the mood to drop. Earlier, on the 4-hour timeframe, the market had formed a bullish Fair Value Gap (FVG), but that has now been broken to the downside.
Currently, there are chances that the market might touch the imbalance (iFVG) before continuing its fall. Keep an eye on that level and observe how the market reacts there. It could be an important zone.
Do Your Own Research (DYOR)! This is not financial advice.
EURUSD SHORT FORECAST Q2 W24 D13 Y25EURUSD SHORT FORECAST Q2 W24 D13 Y25
PERHAPS THE LAST CHANCE FOR SHORTS- GRAB A THE BEST DISCOUNT !
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
✅1 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
EURUSD Setup | CPI Fades, Fed Focus & Gold Leads Dollar ReboundEURUSD is showing signs of exhaustion after soft US CPI failed to extend the rally beyond 1.1495. While markets initially priced in a dovish Fed response, recent commentary and gold’s rejection from its highs suggest the dollar may be gearing up for a short-term recovery. With Gold pulling back and yields stabilizing, EURUSD could now follow suit lower into key support levels—especially if the Fed maintains a patient tone at this week’s meeting.
🔹 EURUSD (4H) Analysis
📉 Bias: Bearish
💡 Context:
EURUSD stalled just below 1.1500 after the CPI miss and now sits at a high-liquidity reversal zone. With DXY stabilizing and gold already rolling over, EURUSD may lag behind but eventually follow the same path. If the Fed leans hawkish or even neutral (ignoring political pressure), it could catalyze a drop toward 1.1268 and below.
📊 Technical Levels:
Resistance Zone: 1.1495–1.1530
Target 1: 1.1268
Target 2: 1.1086
Invalidation: Daily close above 1.1530 (or strong bullish follow-through after FOMC)
🪙 Leading Asset Clue:
Gold has already rejected major resistance (3,390–3,403) and is now pulling lower. Historically, EURUSD tends to follow when metals stall—especially if driven by real yields and Fed dynamics.
⚠️ Fundamentals to Watch:
🏦 FOMC Rate Decision & Dot Plot (June 12)
📈 US PPI + Jobless Claims (June 13)
💬 Fed Chair Powell's Press Conference
📰 Any shift in ECB or Fed rate cut timelines
🧠 Risk Factors:
Fed surprise dovish shift due to CPI softness
Market overreacts to rate cut expectations
Geopolitical risk-off flows favoring EUR
✅ Summary: Bias and Watchpoints
EURUSD
Bearish
Fed holding firm vs. ECB easing bias
Fed turning dovish post-CPI (Top Risk)
FOMC Rate Decision, PPI, Powell
📌 Final Note:
Gold is leading the turn as dollar strength resurfaces. EURUSD may lag initially but the macro context favors downside from this key resistance zone. Watch the Fed for confirmation—positioning into 1.1268 and 1.1086 looks attractive if the dollar gains traction post-FOMC.
EUR/USD Rally Extends – Eyes on 1.20000 as Momentum BuildsHi Everyone,
As outlined in our analysis last week (idea linked below), EUR/USD continued to the upside and reached the 1.15240 level.
We expect price action to extend further toward the 1.16564 level, which would reinforce our long-term bullish outlook.
A confirmed break above this resistance would likely open the door for a move toward 1.18325, where we anticipate encountering dynamic resistance.
We will provide further updates on the projected path for EUR/USD should price reach this level.
The longer-term outlook remains bullish, with expectations for the rally to extend toward the 1.2000 level, provided the price holds above the key support at 1.10649.
We will continue to update you throughout the week with how we’re managing our active ideas and positions. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for a good end to the week. Trade safe.
BluetonaFX
Let the market pull back toward the marked FVG.🚨 EUR/USD Traders – Eyes on This Setup! 💹
The market has been respecting a trendline over the past few days, bouncing off support and climbing steadily. 🧗♂️ While doing so, it’s also been tapping into Fair Value Gaps (FVGs)—a clear sign of smart money interest. 📊
🔥 And guess what? We’ve just seen a breakout above the trendline resistance! This could be the beginning of a strong bullish move. BUT… patience is key! 🕰️
📉 Let the market pull back toward the marked FVG zone. If it does, that could give us a golden buy opportunity with high potential upside! 🚀
🧠 Always remember: Do Your Own Research (DYOR)
📛 Not Financial Advice – Trade Smart!
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
EURUSD(20250612) Today's AnalysisMarket news:
① The EU hopes that the trade negotiations will be extended beyond the suspension period set by Trump. ② Bessant: As long as "sincerity" is shown in the negotiations, the Trump administration is willing to extend the current 90-day tariff suspension period beyond July 9. ③ Trump will hold multiple bilateral talks during the G7 summit. ④ The total customs revenue of the United States in May reached a record high of US$23 billion, an increase of nearly four times year-on-year. ⑤ Lutnick: One deal after another will be reached.
Technical analysis:
Today's buying and selling boundaries:
1.1463
Support and resistance levels:
1.1556
1.1521
1.1499
1.1427
1.1404
1.1369
Trading strategy:
If the price breaks through 1.1499, consider buying in, and the first target price is 1.1521
If the price breaks through 1.1463, consider selling in, and the first target price is 1.1427
EURUSD - TIME TO SHORT Team, last time we have successfully SHORT the EURUSD and now we are back on it again
This time we have better short position
NOTE: Last few days we have been killing the UK100/FTSE100 with such great opportunity.
Please follow the PRICE target accordingly to the CHART
Target 1 1.147200 to 1.4650
Target 2 at 1.1455-1.1450
Once it reach the 1st Target take 50% profit
Good luck and enjoy the profit
Today's EUR/USD Trend Analysis and Trading RecommendationsThe EUR/USD is trading at the upper end of its recent range, having hit an intraday high of around 1.1440 and remaining near that level. The US Dollar strengthened in the early session due to optimism about the easing of Sino-US trade tensions, but later declined as European stocks fluctuated. Technically, the daily chart shows bulls remain in control, with the 20-day SMA rising gently at 1.1330. In the short term, the pair is range-bound around the 20-day SMA, yet to confirm a bullish breakout, while the 100-day and 200-day SMAs support the overall upward trend.
EUR/USD
buy@1.14200-1.14300
tp:1.14600-1.14900
EURUSD SHORT FORECAST Q2 W24 D10 Y25EURUSD SHORT FORECAST Q2 W24 D10 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
Week of 6/8/25: EU AnalysisPrice has reached the extreme of daily bearish structure and we can see a rejection of the 4h latest push to make another high. We're following 1h internal bearish structure to at least take out the weak low, thus making 1h structure bearish and following that to the 4h extreme swing low.
Major news:
Core CPI - Wednesday
EURUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Potential Long then ShortEUR/USD looking to trade around a key supply zone between 1.1450–1.1500. We’re watching for signs of bearish rejection to build a short bias from this area. No trade unless price confirms.
Main Setup:
If price retests upper zone (~1.1450–1.1500) and shows clear bearish price action, I’ll be looking to enter short.
Ideal signs: rejection wicks, SFPs, bearish engulfing, lower timeframe structure shift.
Break & Retest Option:
If price breaks below 1.1390, a clean bearish retest could offer a continuation short setup.
Structure break confirmation is key here.
This is a forecast, and trades will be dependent on live PA.
If we don’t get confirmation, we don’t force it. Patience is key.
DXY Outlook:
The Dollar Index looks bearish overall but is currently in a small corrective bounce. A short-term DXY pullback would support a push into EUR/USD’s supply zone — lining up nicely with our plan. If DXY flips back to bullish, that strengthens our short setup.