EUR/USD (Euro / U.S. Dollar) 2-hour chart analysis.EUR/USD (Euro / U.S. Dollar) 2-hour chart analysis, here's the breakdown:
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📈 Chart Setup Observations:
The pair is showing a bullish breakout from a descending triangle or falling wedge pattern.
Price is above the Ichimoku Cloud, suggesting a potential shift to bullish momentum.
There are two clearly marked target points on your chart.
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🎯 Target Levels:
1. Target Point 1 (TP1): Approximately 1.78000
2. Target Point 2 (TP2): Approximately 1.18300
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🔰 Support Zone / Potential Stop-Loss:
Around 1.17200, where recent consolidation and trendline support can be seen.
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✅ Summary:
If the bullish breakout holds and momentum continues, the pair could reach:
TP1: ~1.78000 (short-term target)
TP2: ~1.18300 (medium-term target)
EURUSD trade ideas
EUR-USD Bullish Bias! Buy!
Hello,Traders!
EUR-USD is trading in an
Uptrend and the pair is
Making a local bearish correction
But we are bullish biased and
After the retest of the horizontal
Support of 1.1640
We will be expecting a further
Bullish move up
Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD is Approaching an Important Support!!Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.16400 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.16400 support and resistance area.
Trade safe, Joe.
NFP Bears gathering their troops? or will the Bulls stampede...The past 9 days have been quite interesting for the EUR/USD which has been relentless. Price has been rising like a helium balloon let loose at the park...
Bulls have clearly been in control, not only the past 9 days but since the beginning of the year with the exception of the strong pullback in April & May only to bounce for another 700 pip run.
I am totally USD bearish across the board as I have been mentioning in my analysis videos for the past few months but like all macro moves, we always have pullbacks along the way and that is why I have been shorting the EUR/USD back from 1.1500+ - 1.1700+
I've given this a lot of room to breathe, more than usual but considering the following technical setup, I'm willing to give the Bears some leeway and potentially show me they'll come through.
•Rising Broadening pattern (Where two trendlines start close together only to divergence and expand) - This is a bearish pattern.
•Negative Divergence on the MACD, Linear Regression & the RSI.
•Price has made a run to the yearly R3 pivot level. (Rare extension)
•Last daily candle is a hanging man candlestick (Reversal candle)
•Weekly chart has the EUR/USD at the upper band of a polynomial regression channel which calculates for price extremities in the market.
There are a few more setups as well but it's too much to describe here and I'd have to show it in a video (Which I plan to do over the weekend)
With all of that said... It could all fail lol but seriously speaking... You just can't ask for a better probabilistic setup so whatever happens during NFP... happens.
Aside from the technical aspect... I know yearly R2 around 1.1600 was a hotspot for shorts because divergence was at the early stages and taking a short there wouldn't have been a bad idea but we know institutions are in play as well, so above 1.1600 could have been a huge area to run stop losses and margin calls before a potential reversal.
250 pips would be enough to run a large pool of stops and liquidation.
IF price is going to reverse here during NFP, I believe late longs and breakout/pullback traders are going to try and buy at the trendline at 1.1660ish but it wont hold and trap them on the other side of the trade.
Under that, I can see us pulling back towards 1.1200ish...
If the Bears give up and price continues to climb... the original macro target may very well be under way which was 1.2000 - 1.2200 (Based on a Monthly and 3-Month chart analysis)
As of this writing the EUR/USD is pretty much completely flat which is expected before the NFP fireworks ahead of July 4th.
We'll see what happens tomorrow morning! buckle up!
As always, Good luck and Trade Safe! See you post NFP.
EURUSD Reaches Monthly Overbought RSI Last Seen in 2020Unlike the DXY, EURUSD has broken above the upper boundary of its 17-year descending channel. However, further upside may be capped as the DXY retests its 17-year support and monthly RSI retests 2020 overbought levels.
A clean break and hold above 1.1830 could open the path toward 1.20 and 1.24. On the downside, if the pair pulls back below 1.17, support levels at 1.14, 1.12, and 1.10 may come into play — aligning with the former channel resistance, now acting as support.
- Razan Hilal, CMT
SELL EURUSD for bullish divergence trend reversal STOP LOSS: 1.1SELL EURUSD for bullish divergence trend reversal STOP LOSS: 1.1747
Regular Bearish Divergence
In case of Regular Bearish Divergence:
* The Indicator shows Lower Highs
* Actual Market Price shows Higher Highs
We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart.....
The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here .....
TAKE PROFIT: take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with........trading with the trend, patient and good risk management is the key to success here...
EURUSD Below 1.1745 – Bearish Bias in PlayFX:EURUSD Technical Outlook
EURUSD maintains bearish momentum as long as the price remains below 1.1745, with a near-term target at 1.1684.
A confirmed breakout above 1.1745 would shift the trend to bullish, opening the path toward 1.1808 and 1.1883.
On the downside, a 1H or 4H candle close below 1.1684 would reinforce the bearish trend, likely extending losses toward 1.1627, and possibly 1.1557.
Support: 1.1684 / 1.1627 / 1.1557
Resistance: 1.1808 / 1.1883
After breaking support level, Euro can continue to fallHello traders, I want share with you my opinion about Euro. After forming an ascending channel, the price steadily moved higher and reached a local range area near 1.1850 points. However, once it entered this zone, the momentum faded. The market started showing signs of distribution, and we saw multiple attempts to push higher being rejected. This range acted as a cap, preventing further growth. Now, the price has pulled back and is trading near the current support level at 1.1700, which also coincides with the support area. This zone has already been tested several times, and each bounce has been weaker than the previous one. That suggests growing pressure from sellers. Looking at the broader structure, the price exited the previous triangle formation with an upward move, but now that impulse has exhausted. The rising wedge is also broken. Based on the behavior at resistance and the weakness around the current support, I expect a breakdown from the range and further decline toward TP 1 at 1.1500 points. If bearish pressure continues, the price could eventually reach the major buyer zone around 1.1345 - 1.1300 points. Given the weakening momentum, retests of support, and lack of bullish continuation, I remain bearish and anticipate a continuation of the downtrend. Please share this idea with your friends and click Boost 🚀
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EURUSD Will Keep Growing!
HI,Traders !
#EURUSD is trading in an
Uptrend and the pair broke
The key horizontal level
Of 1.16370 and the breakout
Is confirmed so after a potential
Retest of the support cluster
Of the rising and horizontal
Support lines below we will
Be expecting a bullish continuation !
Comment and subscribe to help us grow !
EUR/USD 2-Hour Chart (OANDA)2-hour performance of the Euro/U.S. Dollar (EUR/USD) currency pair on the OANDA platform as of July 10, 2025. The current exchange rate is 1.17225, reflecting a slight decrease of 0.03% (-0.00032). The chart includes buy (1.17234) and sell (1.17216) prices, with a highlighted resistance zone and recent price movements over the past month, showing fluctuations between 1.16500 and 1.18000.
A New Chapter Begins with EURUSD’s ABC Wave Formation!🎯 Hey Guys,
I’ve prepared a fresh EURUSD analysis for you.
The market has shifted direction, and an ABC wave structure has emerged.
I’ve placed a Buy Limit order based on my entry level.
Below, you’ll find my detailed target zones and entry specifics:
🟩 Buy Limit Order: 1.17197
🟥 Stop Loss: 1.16903
📌 Targets:
🔹 TP1: 1.17344
🔹 TP2: 1.17538
🔹 TP3: 1.17869
📊 Risk/Reward Ratio: 2.27
Your likes and support are what keep me motivated to share these analyses consistently.
Huge thanks to everyone who shows love and appreciation! 🙏
US Jobless Claims: Why They Matter for EURUSD 🇺🇸FOREXCOM:EURUSD
📈 US Jobless Claims: Why They Matter for EURUSD 🇺🇸💼
While Trump’s tariff policies ⚔️ remain in focus, it’s important not to overlook today’s economic calendar 🗓️, with Initial Jobless Claims taking the spotlight.
🧐 What are Jobless Claims?
Initial Jobless Claims 📑 measure the number of people filing for state unemployment insurance for the first time. Released weekly by the US Department of Labor 🏛️, it’s a key indicator of the health of the US labor market 💪.
Why does it matter?
A strong labor market typically supports the US dollar 💵, as it reduces the likelihood of immediate Fed rate cuts 🕰️, while higher claims suggest a weakening economy, which could pressure the dollar lower.
📊 Latest Figures:
🔹 Previous: 233K
🔹 Forecast: 235K
Last week, claims fell from 237K to 233K, highlighting continued labor market resilience. If today’s data beats expectations (lower claims), the USD may strengthen 🛡️, potentially pushing EURUSD below 1.1700. Conversely, higher claims could weaken the USD ⚠️, lifting EURUSD above 1.1800.
💡 Trade Idea:
BUY EURUSD at 1.17300
❌ Stop Loss: 1.17600
✅ Take Profit: 1.16500
While the US labor market remains strong, technical factors and broader fundamentals can confirm a strong EURUSD reversal, keeping bearish opportunities in play.
🚀 Stay tuned for live reactions after the data drops!
💬 Support this post if you find it useful! 🔔
EURUSD Eyes Key Levels Ahead of DataFOREXCOM:EURUSD
EURUSD is trading within the 1.1680 – 1.1810 range 📊, continuing its upward momentum during the Asian and early European sessions 🌏⬆️.
⚡️ Markets are now focusing on potential trade negotiations with India and the EU 🤝, which could shape near-term currency moves and risk sentiment 🌐.
📈 Today at 12:30 p.m. UTC 🕧, the U.S. Jobless Claims report 📑 may trigger volatility across all USD pairs ⚠️. Stronger-than-expected data could delay Fed rate cuts 🕰️🔻 and push EURUSD below 1.1700 🩻, while weaker figures may weigh on the U.S. dollar 💵⬇️ and lift EURUSD above 1.1800 🚀.
👀 We will monitor these levels closely for potential breakout opportunities. Stay tuned for live updates!
EURUSD Could leading Bullish correctionEURUSD has shown significant bullish momentum after breaking its previous structure. The pair is now undergoing a local corrective phase, which is healthy within an overall upward trend.
Currently, the price remains in a bullish model, suggesting that the correction may be short-lived before a continuation toward the key resistance zone.
Resistance zone 1.17620 / 1.18220
Support Level 1.16800 1.17450
A false breakdown below the identified support level could trigger renewed buying interest, shifting market sentiment in favour of bulls and potentially accelerating the next upward leg.
Ps Support with like and comments for more better analysis Thanks.
The trend continues for EURUSDYesterday, EURUSD once again tested the support level at 1,1683 and bounced off it.
The uptrend remains strong, and we are monitoring for its continuation.
All positions should align with the main trend.
Watch for the end of the current pullback as a potential buying opportunity.
The next resistance levels are 1,1813 and 1,1916!
EUR/USD: A High-Probability Short Setup at 1.1829At its core, this trade is driven by a powerful and growing divergence between the US and European economies. While technicals tell us where to trade, fundamentals tell us why we're trading.
1️⃣ The Interest Rate Gap: The U.S. currently offers significantly higher interest rates (4.25% - 4.50%) compared to the Eurozone (2.15%). This makes holding the US Dollar more attractive, creating natural downward pressure on the EUR/USD.
2️⃣ Central Bank Policy: The US Federal Reserve remains hawkish, focused on strength and fighting inflation. Meanwhile, the European Central Bank is dovish, signaling a willingness to keep conditions loose to support a weaker economy.
3️⃣ Labor Market Strength: The US enjoys a robust labor market with unemployment at just 4.1%, while the Eurozone's is significantly higher at 6.3%. This points to a stronger US economy.
In simple terms, the US economy is strong, and its central bank is acting like it. The Eurozone economy is weaker, and its central bank is acting accordingly. This fundamental imbalance is the fuel for a potential significant move down in EUR/USD.
The Technical Picture: The Wall at 1.1829
As you can see on the 4H chart, the price has run into a major wall of resistance at the 52-week high of 1.1829 . After a long uptrend, the momentum has stalled, and the price is now consolidating inside a symmetrical triangle . This coiling of price action often precedes a strong breakout.
Our strategy is not to guess the breakout, but to act on a high-probability retest of resistance. We are looking to enter a short position as the price pulls back towards the upper boundary of this triangle, anticipating a failure at resistance and a subsequent break to the downside.
The Actionable Trade Plan
This setup offers an excellent risk/reward profile.
📉 Asset: EUR/USD
👉 Entry (Limit Sell): 1.1780
⛔️ Stop Loss: 1.1850
🎯 Take Profit: 1.1600
📈 Risk/Reward Ratio: ~2.57:1
Trade safe and manage your risk.