EURUSD H4 Technical Observations | FOREX BEE Looking at the EUR/USD H4 chart, here are some key observations:
Fibonacci Levels:
The 0.618 Fibonacci level near 1.0456 appears to be a potential bullish target if price rallies from current levels.
Key Support Zone:
The green support zone around 1.0200-1.0230 looks significant, where buyers may defend the area. A bounce from here could trigger upward momentum.
Trendline Dynamics:
The blue descending trendline may continue to act as resistance if the price moves upward, aligning with the 0.786 Fibonacci level near 1.0531.
Potential Scenarios:
Bullish Case: If the price sustains above the current support, it may target 1.0450 and higher levels.
Bearish Case: A break below the red zone near 1.0200 could indicate further bearish pressure toward 1.0100 or lower.
This setup highlights an interesting reversal or breakdown possibility. Watch for confirmation of support/resistance levels before entering trades.
Eurusdtrade
EURUSD H4 | FOREX BEEEUR/USD H4 Chart Analysis
The H4 chart for EUR/USD shows a critical decision zone, with two possible outcomes based on price action:
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Bullish Scenario:
Breakout Above Resistance (1.04500 - 1.04600 zone): If price breaks and holds above the green resistance area, we can expect an upward move.
Target:The next major resistance is 1.06947 (Fibonacci 0.5 level).
Confluence: The ascending trendline (blue) suggests buyers are still in control unless broken.
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Bearish Scenario:
Break Below Trendline & Support (1.04242 - 1.04000): If price fails to break above resistance and drops below the trendline, we could see a reversal.
Target: A breakdown could lead price towards the 1.02500 demand zone (red).
Confluence: Trendline breakdown + retest would confirm further downside.
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Key Levels to Watch:
Resistance Zone: 1.04500 - 1.04600 (Breakout confirmation required for bullish continuation).
Support Zone:1.04242 - 1.04000 (Potential breakdown zone).
Major Downside Target:1.02500 (Demand zone from previous price action).
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Trading Strategy:
Bullish Entry: Wait for a break and retest above 1.04600 before entering long.
Bearish Entry: If price breaks below trendline and retests 1.04242, shorting towards 1.02500 is a possibility.
Conclusion:
- The trend is bullish as long as the price holds above the trendline and 1.04242 support.
- If price fails to break resistance, a reversal is likely.
- Watch for confirmations before entering trades.
US Economic Data Impact: Will EURUSD Test Support zone Again?Today, key U.S. economic data was released , including GDP , Unemployment Claims , and the GDP Price Index . These data points had a direct impact on the U.S. dollar, resulting in volatility in the EURUSD pair . The weaker-than-expected GDP and lower inflation caused a temporary weakening of the USD, but the strong labor market data still supports the dollar, potentially limiting further downside for EURUSD.
This was an analysis of the US economic data that was released today.
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EURUSD ( FX:EURUSD ) entered the Resistance zone($1.054-$1.044) again, and it seems that this move is a Pullback to the ascending channel (broken) .
According to Elliott's wave theory , pullback appears to be a Zigzag corrective wave(ABC/5-3-5) .
I expect EURUSD to attack the Support zone($1.039-$1.033) again, 100_SMA(4-hour) , and decline to at least the width of the broken ascending channel .
Was the bullish candle the previous hour in the role of a pullback or the start of another upward trend for EURUSD?
Note: If EURUSD goes over $1.049, we can expect more pumps.
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 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.
Setup #003 - EURUSD - LongWaiting for entry trigger. Must come between 10am-12pm ET today.
Confluences:
✅ Bullish overall bias
✅ Bulllish demand zone
✅ Bullish bat pattern
✅ Bullish divergence in price reversal zone
✅ Buillish break of structure
✅ Entering London close zone
✅ Break of structure confirmed
✅ Required risk:reward met
EURUSD Top-down analysis Hello 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 Top-down analysis Hello 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.
Trendline Tragedy: When the Market Betrays You!Oh, EUR/USD , you sly fox 🦊. First, you tease us with those sweet higher highs. "Look at me, I’m unstoppable!" you whispered seductively. Traders fell for it. Hook, line, and PIP sinker. 🎣
But then... BOOM! Trendline broken. Cue the dramatic sell-off. 📉
Like a bad date, it ghosted the bulls and ran straight into bearish territory. 🫥
And the RSI? That snitch. 🤐
Price: "Higher highs, baby!"
RSI: "Yeah, sure... but I’m tired. Let’s tank."
Now we're left with the aftermath—a chart that screams "Trust issues!" 😤
Lessons from the Madness:
1️⃣ Trendlines are like New Year’s resolutions—easily broken.
2️⃣ Momentum doesn’t lie. When RSI starts giving you side-eye, maybe it’s time to listen. 👀
3️⃣ Markets are savage. Bring tissues and an exit strategy. 💔
But hey, at least we can laugh about it now. Right? 😅 Or is that just the sound of retail traders crying in the corner? 🤷♂️
Who's ready for the next trendline betrayal? Raise your stop losses! ✋
EURUSD Technical Analysis and Trade Idea👀 👉 In this video, we analyze the EURUSD, focusing on its overall uptrend and the recent bearish pullback. We’ll examine key support and resistance levels, market structure, and how liquidity is influencing price action. With the pair approaching a major support zone, we’ll discuss potential buy opportunities if the uptrend resumes. All the details are covered here. Disclaimer: This is for educational purposes only—not financial advice.
EURUSD Analysis: Bull IncomingHello everyone, starting this sunday with a EURUSD Long Analysis:
As we can see, we have recently entered a bullish trend and I believe we are really close to a great entry.
As seen on the chart, the bottom trendline and what was this months highest resistance (now hopefully a support) are really close to be reached. and if the EURUSD keeps following the same trend as it has for now, we should have a solid trade.
I expect price to reach 1.05559 where my TP will also be set.
I have set the SL at 1.03969 which leaves room for the trade to breathe in case of high volatility during Mondays NY Session, which leaves us with a 3.02 Risk/Reward.
Happy trading! Let me know your thoughts on this.
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.
EURUSD Possible Bearish Movement?Hello everyone, hope everyone is doing great! Any feedback on this is appreciated.
Here I got what I believe to be a possible EURUSD bearish movement, here are my thoughts:
4H Candles: Here we can see a bearish trend that has been going on since a few months ago, however this was recently broken with some events such as Trump entering into office this January 20th.
While Chart analysis alone suggests we could see a bull for the euro, I would like to challenge it with the new decisions being taken by Trump (tariffs, dollar-first policies) and other news such as the ECB Rate Cuts on December.
At the time being things are looking like theres going to be a lot of movement, I expect one last bounce before seeing any strong bulls during the next few weeks, but I believe we are already at a great entry point.
Let me know your thoughts on it!
Edit: For some reason my TP1 text wasnt added to the chart shown here, but it was placed at 1.03196.
Short on EUR/USD After RejectionHello traders! Welcome to a new EUR/USD analysis on the 1-hour timeframe. As you can see, the price has been respecting this ascending channel, but we are now seeing signs of a potential breakout to the downside. I have marked a strong resistance zone that has rejected the price, and now we are waiting for confirmations to enter a short position.
The entry price for this trade is 1.04136, with a target set around the support zone at 1.03377, while the stop loss is placed just above the resistance at 1.04674. Always remember to manage your risk properly before taking any trade.
If you found this analysis helpful, don't forget to like the idea and follow me on TradingView for more real-time updates! Share your thoughts in the comments, and let's discuss the best strategies together. See you in the next analysis!
Disclaimer:
This analysis is for informational and educational purposes only and should not be considered financial advice. Trading in the forex market involves significant risk, and you should carefully assess your financial situation and risk tolerance before making any trading decisions. Always conduct your own research and consult with a licensed financial advisor if needed. Past performance is not indicative of future results. Trade responsibly!