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
EURUSD trade ideas
EurUsd Daily Profile and expectation for New YorkMy Monday Protocol normally is to sit on my hands and see how Monday prints and trade from Tuesday onwards. With FOMC coming Wednesday, I'm allowed to deviate from this because Monday can be trending to "get somewhere in a hurry", trap Traders and go the other way during FOMC.
When I now look at the Market I see that London kept Asia Lows in tact and expanded higher leaving Failure Swings. Now consolidating which is normally a continuation signature... But then it should first sweep the consolidation Low and make a Reversal Signature. When we sweep or run the Consolidation High first, then the Long idea is not valid anymore.
Im watching the FVG below and see how we trade there and then decide if a Long is in play... I don't want to lose the Equilibruim Level of London Session otherwise the Failure Swings below the Market are the target.
Bottom Line, no hard Bias because its Monday. Favoring the Bullish side with FOMC on the Agenda this week, but not in a hurry to trade.
Hope you appreciate my content 👍
Happy Hunting, Stay Safe!
Warm Regards,
Mariinus
EURUSD: Bullish Move After BreakoutThe price action on EURUSD shows that it broke through a horizontal resistance level on the 4-hour chart.
Following the breakout, a local correction occurred, forming a bullish flag pattern.
As the NY session opened, the market rose and surpassed its resistance line, indicating a strong likelihood of continued upward movement.
The target is set at 1.1616.
SHOT ON EUR/USDEUR/USD Has given us a nice double top at a major resistance level.
Since then it has broken the neckline of that double bottom, creating a new low, engineering liquidity, sweeping it and now getting ready to tap into supply before it should fall.
The Dxy is also getting ready to rise from a demand level so this should also aid in pushing EU down.
Looking to catch over 200 pips.
Analysis and Forecast for EUE/USDToday, the EUR/USD pair is under pressure, having failed to consolidate above the 1.1447 level and showing intraday declines toward the psychological level of 1.1415 and below, amid U.S. dollar strength.
The main drive of the dollar's rise was Friday's strong U.S. Non-Farm Payrolls (NFP) report, which reduced expectations for an imminent rate cut by the Federal Reserve this year. In addition, optimism surrounding the potential resumption of U.S. -China trade talks is dampening bearish sentiment toward the dollar, thereby adding further pressure on EU/USD.
Nevertheless. ongoing negotiation in London and the upcoming key U.S. inflation data later this week are prompting traders to remain cautious and refrain from opening aggressive positions. The market still considers a September Fed rate cut likely, and concerns about the U.S. government's fiscal position are limiting the dollar's upside potential, which in turn lends some support to the euro.
On the other hand, the European Central Bank signaled at its latest meeting that the current rate-cutting cycle may be nearing an end. This also supports the euro and helps limit EUR/USD losses. In the absence of significant economic releases from the eurozone or the U.S. today, the pair's movement is mainly driven by dollar dynamics.
Technically, in order to resume upward movement, EUR/USD needs to break through resistance in the 1.1450-1.1460 level, which could open the path toward the psychological level of 1.1500. A break above that could lead to a retest of late-April highs. Otherwise, the risk of further decline toward the 1.1370 support level remains. However, oscillators on the daily chart are still in positive territory, indicating a generally constructive outlook for the pair.
In the short term, caution advised, with focus on signals from the trade negotiations and upcoming economic data.
EURUSD Sell- Go for sell if setup given
- just a small trade
- Refine entry with smaller SL for better RR, if your strategy allow
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EURUSD 4H: Bullish Trend & Key Support TestChart Overview:
The EURUSD 4-hour chart displays a clear bullish bias, trading within a well-defined ascending channel. After making new highs, price is now retracing to test crucial support, presenting a potential trend continuation opportunity.
Trend & Structure:
Since April, EURUSD has maintained a strong uptrend, consistently respecting an ascending channel. An early May correction saw an "internal break," but a subsequent "MSS" (Market Structure Shift) confirmed the bullish trend's resumption, pushing price to a new local high at 1.16321 and above.
Current Price Action & Immediate Support:
Price is currently undergoing a healthy retracement from its recent peak. The primary focus is the "Immediate Support Area" between 1.14416 and 1.14663. This zone is significant due to a confluence of factors:
The 0.5 & 0.618(Golden Ratio) and 0.71 Fibonacci retracement levels of the latest bullish swing.
Prior resistance that has potentially flipped into support. The lower boundary of the overarching ascending channel. Below this, a "Key Level" around 1.1100-1.1150 is identified as a deeper, secondary support.
Potential Scenarios & Outlook:
Bullish Continuation: A strong bounce and confirmation from the "Immediate Support Area" would signal renewed buying pressure. This would likely see price target the recent high (1.16321) and the upper channel boundary, resuming the uptrend.
Bearish Rejection: A decisive break down below the "Immediate Support Area" and the ascending channel's lower boundary would invalidate the immediate bullish setup, potentially leading to a test of the "Key Level."
Conclusion:
EURUSD is at a pivotal point within its ongoing bullish trend. Traders should closely monitor price action at the "Immediate Support Area." A successful hold and rebound here would reinforce the bullish outlook, while a clear break below would warrant caution and re-evaluation.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
ECB’s De Guindos Sees Balanced Inflation RisksEuropean Central Bank Vice President Luis de Guindos said Monday that the EUR/USD at 1.15 does not hinder the ECB’s inflation goal, noting the euro’s gradual rise and stable volatility.
He stated inflation risks are balanced, with little chance of falling short of the target, and that markets have clearly understood the ECB’s recent policy signals. De Guindos reaffirmed the ECB is close to its inflation objective
Looking ahead, he warned that tariffs could slow growth and inflation in the medium term but expressed confidence in the Fed maintaining swap line arrangements. He also confirmed there have been no discussions about repatriating gold reserves from New York.
At the time, EUR/USD was down 0.09%, trading near 1.1537.
Resistance is located at 1.1580, while support is seen at 1.1460.
Bullish Trend Continuation I’m expecting a bullish continuation after price mitigates the newly formed 4H demand zone. The zone was created after a strong impulsive move, and I’ll be looking for LTF confirmation to go long, targeting the recent 4H high and daily liquidity above. Invalidation is a clean break below the zone.
London Session - Sell Idea on EUWe see price entering a 4hr & 1hr engulfing candle stick. Price is also beginning to downtrend on the 1hr time frame. I've adjusted my trading time to early morning on the east coast. I'm noticing I'm more productive. My original wakeup time is 3:33am but I woke up at 4:44am this Am. I felt rushed to keep going but I'm not trying to hard, I will set alerts as price enters our zone, I'm expecting price to trigger before 7am. Then break our CTL. Easily 1:3 risk to reward.
EURUSD June 16 Trade ExecutedEURUSD
June 16 Trade Executed
Parent Bias Bull
Fridays delivery to build a narrative for Monday
*Asia to London price expanded to seek lowwr prices take sell side liquidity in London
*Note Friday was a reversal of Thursday
*Prices expansion wicks to equilibrium
*Reversed to take minor buy side in NY AM
*NY PM Retraced AM rally
*NY closes in a FVG-Note bodies staying above the CE of the FVG
June 16 Framework for suspected buy day
*Asia opened in a premium previous session
*I was expecting a long consolidation after Sundays delivery
*
*Equal lows as a target to trigger a expansion coming into mid night opening
*22:00 price wicks to create a wall of equal lows
*23:15 Price takes minor buy side liquidity
*20:00 price immediately expanded
*20:09 entered
*First target buy stops 1.15693
*Second target 1.15848
Took partials here and now letting it ride.
Patience waiting for clues to the bias I was suspecting. Buying the mid night opening price with the bias is allowing me to get in when I suspect a expansion cycle is in play.
Asia expansion trade for the win.
DeGRAM | EURUSD formed the double top📊 Technical Analysis
● A double-top printed at the channel roof (≈ 1.1600) and a bearish engulfing candle signal exhaustion; price is slipping back inside last week’s inner trend-median, turning 1.1550 into fresh resistance.
● Hourly RSI diverged lower and the grey return line from 1 June has broken; pattern depth points to 1.1500 support, with the channel mid-band / former triangle apex near 1.1470 as the next magnet.
💡 Fundamental Analysis
● Post-CPI profit-taking meets cautious ECB rhetoric: Lagarde reiterated “no preset easing path,” yet money-markets still price two Fed cuts by year-end, inviting near-term dollar reprieve.
✨ Summary
Short 1.1540-1.1560; break below 1.1520 targets 1.1500 → 1.1470. Bear view void on an H1 close above 1.1600.
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EURUSD-SELL strategy 3D chart GANNThe pressure is still upwards, but overall we are close to a reversal considering the ascending triangle, the Hammer Top and overbought RSI. We may still see 1.1650-1.1700 area before the correction, but feel we slowly should scale into a SELL mode.
Strategy SELL @ 1.1625-1.1675 and take profit near 1.1250 area.
The best indicator //@version=5
strategy("EMA-RSI-Bollinger Strategy", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=10)
// === Indicatori ===
ema20 = ta.ema(close, 20)
ema50 = ta.ema(close, 50)
rsi = ta.rsi(close, 14)
basis = ta.sma(close, 20)
dev = 2 * ta.stdev(close, 20)
upperBB = basis + dev
lowerBB = basis - dev
// === Condiții pentru Buy ===
longTrend = ema20 > ema50
longPullback = close <= ema20 and close <= lowerBB
longRSI = rsi < 50 and rsi > 30
longSignal = longTrend and longPullback and longRSI
// === Condiții pentru Sell ===
shortTrend = ema20 < ema50
shortPullback = close >= ema20 and close >= upperBB
shortRSI = rsi > 50 and rsi < 70
shortSignal = shortTrend and shortPullback and shortRSI
// === Semnale & Tranzacții ===
if (longSignal)
strategy.entry("Buy", strategy.long)
if (shortSignal)
strategy.entry("Sell", strat
EURUSD SHORT FORECAST Q2 W25 D16 Y25EURUSD SHORT FORECAST Q2 W25 D16 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
✅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
Bullish continuation?The Fiber (EUR/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance that lines up with the 127.2% Fibonacci resistance.
Pivot: 1.1447
1st Support: 1.1210
1st Resistance: 1.1712
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Important Week for EURUSDOn Friday, EURUSD reached a support level and bounced off it.
This week, the market is waiting for the Fed’s decision on interest rates.
The trend remains bullish for now, and the upcoming news will likely determine the next major move.
Today and tomorrow, we might see some sideways movement ahead of the key announcement.
Don't rush into new trades and avoid using large position sizes!