Get started

Euro / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURUSD trade ideas

CPI EURUSD OutlookEUR/USD Price Action Update (H4) 📈 Current Price: The pair is currently testing a key resistance level around 1.2210. 🔝 Bullish Scenario: - A break above 1.2210, followed by a solid close, could push the pair towards the next resistance level around 1.2300. 🔻 Bearish Scenario: - If the price fails to break above 1.2210 and faces rejection, we could see a potential pullback toward 1.2100, a solid support zone. 🔮 Market Outlook: - Watch for a confirmation of bullish momentum if the price breaks 1.2210 and heads toward 1.2300. - A rejection at this resistance could lead to a pullback to 1.2100. #EURUSD #Forex #PriceAction #TechnicalAnalysis #MarketUpdate
Short
by J_Ngatia
Bearish reversal off 61.8% Fibonacci resistance?The Fiber (EUR/USD) is rising towards the pivot and could reverse to the 1st support that lines up with the 38.2% Fibonacci retracement. Pivot: 1.0343 1st Support: 1.0254 1st Resistance: 1.0442 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.
by ICmarkets
Euro / U.S Dollar Greetings and respect to my dear companions. Well, dear friends, since the DXY chart of the dollar is important, there is no need for us to follow the monthly chart of the Euro, as the confirmation from (DXY) exerts strong influences on this chart and other currencies. We are more focused on tracking the weekly, daily, and four-hour changes of this currency and other currencies. Therefore, we conclude that the Euro chart remains bearish, and in the weekly timeframe, I expect a good reaction on the IFC candle, as this candle was the start of the previous bullish movement. Thus, the price should reach this candle in the weekly timeframe, and we should obtain confirmations in the daily and four-hour timeframes to make precise trades. In this timeframe, we have a bearish POI and a very good Liquidity that the price hitting these two zones will provide us with excellent trades to form a new low that is currently being created. Now, I have accurately drawn the structure in the daily timeframe for you in red, and you can see that there are no Order Blocks in this timeframe! Therefore, we need to be alert. Friends, these daily candles have overlapped well, indicating that we should expect a great bullish movement from this daily zone and structure, which is strong, towards the weekly zone. However, in the four-hour timeframe, dear friends, in this timeframe, IDM or Liquidity is currently the same as the daily. In this bearish leg, we have no signs of a bearish Order Block to plan around. In the coming days, the chart may provide us with a new Liquidity that we can decide to sell on Pullbacks. Since the chart is getting crowded, I won’t move to lower timeframes like 1 hour or 15 minutes, but I will monitor it since this currency is my favorite for trades, and my ideal timeframe, if not excessive, is trading in 1 second or Tick Time. Friends, since my trading volume is high, I have to trade in this smaller timeframe, but I always have open trades and leverage all timeframes. Thank you, and until the new update on this chart, may you be profitable and successful! Chart Notes: I will place the chart in the four-hour timeframe so you can easily zoom in and see the details. The chart is designed to be very simple and smooth for your use. Since there were no Order Blocks in these timeframes, I did not draw them. The characteristic of an Order Block in every timeframe must have an Imbalance, and all Imbalances have been filled. Fereydoon Bahrami "A retail trader in the Wall Street trading Center (Forex)."
by fereydoon1199
EUR/USD Short from 1.03000 (Supply Zone 6hr)My analysis for EUR/USD (EU) this week aligns with my view on other pairs, as the Dollar continues to strengthen. The bearish trend remains strong, and I plan to stay aligned with this pro-trend movement. The price has broken structure to the downside and left a clean 6-hour supply zone that is yet to be mitigated. Once the price retraces to this supply zone, I’ll be looking for potential sell opportunities. I’ll wait for a redistribution pattern to confirm my entry before taking shorts. If the price continues to drop without retracing, I’ll monitor for a closer supply zone to form and adjust my setup accordingly. Confluences for EU Sells: - The price remains strongly bearish on higher time frames. - The DXY is bullish, supporting the bearish trend for EU. - A clean supply zone caused a Break of Structure (BOS) to the downside. - The market is consistently forming lower lows and lower highs. - A significant imbalance below still needs to be filled. Note: If the price reaches the 7-hour demand zone below or the imbalance, I anticipate a potential bullish reaction, possibly leading to a retracement.
Short
by Hassan_fx
Potential bullish rise?EUR/USD has reacted off the resistance level which is a pullback resistance and could rise from this level to our take profit. Entry: 1.0263 Why we like it: There is a pullback resistance level. Stop loss: 1.0192 Why we like it: There is a pullback support level. Take profit: 1.0348 Why we like it: There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement. 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.
Long
by VantageMarkets
EURUSD / Bearish Momentum with Key Levels and Trend OutlookEUR/USD Analysis The price exhibits bearish momentum, as it has already broken below the pivot line at 1.0367 and closed the weekly candle beneath it. This confirms a downward bias in the near term. In the short term, the price may retest the area around 1.0345 or 1.0367 before continuing its drop. If bearish momentum persists, the price is expected to decline further to test 1.0226 and potentially 1.0155. To transition into a bullish structure, the price must break and sustain above 1.0367 by closing a 4-hour candle above this level. If this occurs, the price could target 1.0437. Key Levels Pivot Line: 1.0288 Resistance Levels: 1.0360, 1.0436, 1.0470 Support Levels: 1.0227, 1.0155, 1.0110 Trend Outlook Consolidation: Between 1.0288 and 1.0346 Bearish Trend: Below 1.0288 Bullish Trend: Above 1.0367 previous idea:
Short
by SroshMayi
1
Bouncing Back: EUR/USD Poised for a Bullish WaveEUR/USD is trading at 1.0257, showing signs of bullish momentum with a target price of 1.0800. The price action is based on the support and resistance pattern, with the pair currently bouncing off a strong support level. This bounce indicates a potential reversal and the start of an upward trend. The support level serves as a foundation for buyers to regain control, pushing the price higher. A steady climb toward the resistance level at 1.0800 is expected if the support holds firm. Traders should monitor this bounce closely for confirmation of bullish momentum. The setup presents a favorable opportunity for long positions, supported by technical analysis. However, risk management remains crucial to navigate market volatility. This move emphasizes the role of key levels in predicting price movements. Patience and strategy are essential to capitalize on this trade setup.
Long
by AndrewsMarket-Mastery
EURUSD: Pullback before the crash!The EUR/USD continues its downward trend, recently touching a new cycle low around 1.0176 as the US Dollar maintains its relentless rally, fueled by rising expectations that the Federal Reserve will keep interest rates elevated for an extended period. The Greenback’s strength has been amplified by a fifth consecutive bullish session, with the DXY surpassing the critical 110.00 level. Investors have sharply revised their outlook on Fed policy, reducing the probability of significant rate cuts in the near term. This shift in sentiment follows a robust Nonfarm Payrolls report and hawkish remarks from Fed officials, emphasizing the priority of taming inflation before contemplating further easing. On the policy front, while the Fed recently trimmed its benchmark rate to 4.25%-4.50%, Chair Powell’s cautious tone during the final press conference of 2024 left markets in little doubt that any future rate cuts will be gradual. Powell underscored the need to anchor inflation closer to the 2% target and pointed out that despite some softening, the labor market remains resilient. This narrative has bolstered USD demand and widened the divergence with the European Central Bank’s stance. In contrast, the ECB faces mounting pressure to sustain its easing cycle amid a deteriorating economic outlook across the eurozone, particularly in Germany, where industrial performance has been lackluster. Despite a marginal rise in inflation figures for December, ECB policymakers seem committed to prioritizing growth over inflation control in the short term. This divergence in central bank policies has created a headwind for the euro, further weakening EUR/USD and increasing the likelihood of a test of parity. Adding to the complexity, potential trade policy shifts under the incoming US administration could inject additional volatility. Proposals for renewed tariffs could stoke inflationary pressures in the US, compelling the Fed to adopt a more aggressive tightening stance. Such a scenario would exacerbate the euro’s struggles, as a stronger USD and continued ECB easing would widen the interest rate differential between the two economies. Looking ahead, the focus will remain on key data releases, including US CPI and Retail Sales, alongside eurozone Industrial Production and German inflation data. These reports will offer crucial insights into the respective economic trajectories and may set the tone for future price action. However, in the current context, the EUR/USD appears poised to remain under pressure as the fundamental backdrop heavily favors the Greenback. Until there is a significant shift in economic or policy expectations, the pair may continue its march towards parity.
Short
by Forex48_TradingAcademy
1
EUR/USD Fibo TestMore USD strength to start the week and the big item for the dollar on this week's calendar is the CPI release on Wednesday morning. USD is overbought on both weekly and daily charts and EUR/USD is oversold on the weekly. That doesn't necessarily spell reversal, however, and we're likely waiting for that CPI data on Wednesday to see if there's going to be profit taking in these well-built trends. In EUR/USD, a big level just came into play at 1.0200. That's the 23.6% retracement of the same Fibonacci setup that caught the high at the 61.8% retracement in 2023. There was also the low in the first half of last year at the 38.2 that ended up coming in as resistance in December. -js
by FOREXcom
EURUSD Waiting for confirmation1. Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0325 - 1.0346 On the Daily chart also note FVG between 1.0310- 1.0345 3. Trend Confirmation: Price has broken support at 1.0345, which now serves as a resistant level. Price is rising back to the Daily & H4 FVG area. 4. Position: Entry: TBA Stop Loss : 1.0350 Take Profit: 1.0085 - 1.0100 RRR : 1:9 ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Short
by Phoenix-Rise-Trade