Get started

Euro / U.S. Dollar

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

EURUSD trade ideas

EURUSD DETAILED ANALYSISFollowing up on the guide that I posted on the weekly timeframe, internal price action on the 2H is bullish and we are currently at the OB which supports the first outcome. Price could continue down without giving us a bearish choch which is a 50/50 trade IMO. I would prefer to see a bearish choch first to increase its probability of holding. If we break above the strong week high I will try to go long with the 2H internal aiming for short term targets until I see a bearish choch to target the weekly low. There are several areas where we could see a choch but keep in mind they could just give a reaction (no choch) to then just continue going higher. The least probably but still possible outcome is for price to go above the December high if the 2H internal price action continues bullish. We also have some very important news releases with Services PMI and NFP being the major ones so be sure to manage your risk this week like every week.
Short
by Keyserfx
Market Analysis: How to Execute This Trade // EURUSDFX:EURUSD How to Execute This Trade Forex Analysis Over the past three months, the EUR/USD exchange rate has experienced notable fluctuations. In early October 2024, the euro was trading at approximately $1.10. By early January 2025, it had declined to around $1.04, marking a depreciation of about 5.5% How to Make This Trade? Let’s analyze the recent movements in the EUR/USD market. After a medium-term upward trend and a long-term lateral trend, EUR/USD failed to break the resistance level at 1.10. In October, this triggered a downward trend that led to a 2% decline, repositioning the pair on important support levels for the recent rally. However, these supports were unable to hold. Subsequently, we observed a small price recovery, building a timid upward move. However, it was quickly stopped by another decline, likely due to new data. This decline established a support level, which soon turned into resistance and a high-volume area (the yellow zone). These two signals indicate the strength of the downtrend. The support failed to hold even upon the second touch, confirming the weakness of the pair. The most common mistake in such situations is going long with the thought, “It has fallen so much; it must reverse now.” But markets don’t work that way. You need to view the market objectively and unemotionally. In this specific case, the market clearly indicates a downtrend, so the best strategy is to follow the trend and enter short at the next rebound // The chances of success are much higher this way than trying to go long. After breaking support and finding a buying zone on a significant support level (part of the long-term lateral trend mentioned earlier), the price moved back up and broke the resistance area. In such cases, it is always better to wait for a “climax,” a sharp movement that confirms the breakout. A good entry point could have been the resistance level or the volume zone. To avoid unpleasant surprises or anomalous movements, set an alert and wait for confirmation before entering. Ideally, you want to see an upward candle entering your area of interest, retracing, and closing with a medium-to-large spike. Our reasoning is confirmed as the market absorbs a large candle, creating an excellent opportunity for a short. To the left, we see a large expansion candle breaking several support levels—these candles often act effectively at their base, and this case is no exception. We placed our trade at the candle’s close, aiming for a risk-reward (RR) of 3.46. The stop loss (SL) was set above the expansion candle’s opening, giving it some breathing rooM // The more space you allow for your stop loss, the higher the probability of success. Let the trade run, and you’ll notice how the position almost never went into the red. This is because we waited for the right entry point without any emotional bias. Of course, this won’t always be the case, and mistakes will happen, but the key is to remain objective and measured. We were also fortunate that new data caused a sharp price drop. In such situations, it’s smart to capitalize on the movement // Cut losses short and let profits run. Adjust the take profit (TP) accordingly. Switching to a 10-minute time frame, we implemented a “Follow the Price” (FTP) strategy. This involves moving the TP higher, to the base of the last candle, and continuing to adjust it until the price fills the TP. Let’s see how much we extended the profit. In this case, the profit extension wasn’t huge but still added value without taking additional risks. This is “How to Execute This Trade.”
Education
by TIMINGTRADE
Euro surges close to 1%, German CPI loomsThe euro has started the week with sharp gains. In the European session, EUR/USD is currently trading at 1.0403, up 0.91% on the day. Germany's economy may not be in great shape. but inflation has been moving higher and the trend is expected to continue when December CPI is released later today. Inflation rose from 2% to 2.2% in November, its highest level in four months, and is expected to hit 2.4% in December. Service inflation is at 4% and core CPI at 3%, which indicates the battle to contain inflation isn't over. Once the locomotive of Europe, Germany's economy  has faltered badly and has slowed the eurozone's recovery. Germany's once mighty auto industry has been hurt by weaker Chinese demand due to the slowdown in the the world's second-largest economy. As well, China has gained a larger share of the global automotive market, at the expense of German auto exports. Unsurprisingly, Germany's manufacturing sector is stuck in contraction territory. Germany's services sector moved back into expansion mode in December, as the Services PMI rose to a revised 51.3, up from 49.3 in November. The eurozone Services PMI improved to a revised 51.6, up from 49.5 in November. Spain continues to impress with its economic data, as the Services PMI climbed to 57.3, up from 53.1 in November. This marked a sixteenth straight month of expansion and was the highest level of growth since April 2023. The US releases Final Services PMI later today. The market estimate for December stands at 58.5, compared to 56.1 in November. This points to strong business activity, which has been the linchpin of the US economy. EUR/USD has pushed above resistance at 1.0331. Above, there is resistance at 1.0436 and 1.0564 There is support at 1.0203 and 1.0098
by OANDA
EURUSD Will Grow! Buy! Take a look at our analysis for EURUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.030. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.038 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
Moustafa! EURUSD to surge up to TP 06.01.25Hi * A huge bullish momentum will push up the price further up! * Broke an extreme resistance area and the way is opened now for it for further moves to the upside Note: My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Long
by moustafa_marei
EURUSD Short-term buying activity spotted.The EURUSD pair has been under heavy selling pressure for the whole December but despite the red candle, it closed last week on a long wick and opened today on a green note. The weekly closing managed to make it inside the 2-year Megaphone pattern. At the same time, the 1W RSI is making a Double Bottom and that resembles the August 06 2018 candle, which was also a medium-term bottom after a multi-month decline. The rebound that followed peaked a little below the 1W MA50 (blue trend-line) and Resistance. As a result, we are bullish on this pair, at least on the medium-term, targeting 1.0600 (just below the Resistance level). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Over Night Trade Idea For Londonwe Have a very strong clean break.. However When London opens there will be a volatility spike at between 3-3:30 so have our buy positioned at the strongest support point in the break and retest pattern The idea is for the price to tag us in at 3:00am and race to TP before 5am The problem with this trade is if the price changes character while I'm asleep then this buy becomes invalid.. In which case it will most likely lose.. however if the price maintains it's current behaviour we will see a nice win at 5am
Long
by Golden_Ratio_Trader
EurUsd could drop under parity in 2025 (0.95 target)Now that 2024 has concluded, EUR/USD has ended the year at its lowest point, marking a 7% decline from January and a 9% drop from its summer peak. Most notably, the pair fell 6% since November—a significant move for such a typically stable currency pair, highlighting strong bearish momentum. Technical Analysis On the daily chart, the EUR/USD has shown a steady downtrend since its double top in August and September. Every meaningful reversal attempt was met with selling pressure, leading to a quick resumption of the downward trajectory. The long-term (monthly) chart paints an even grimmer picture. The pair has been in a clear downtrend since its 2008 peak of 1.60, and it now sits precariously on critical support levels from the 2015 and 2017 lows. Fundamental Outlook The fundamentals align with the technical bearish trend. Diverging monetary policies and a bleak economic outlook for the EU add to the pair's struggles. Conclusion: Given these conditions, a drop below parity appears likely in the coming year. The most prudent trading strategy for EUR/USD is to sell into rallies and wait for further declines. My target is 0.95, but, to be honest, I would not be very surprised by 0.9
Short
by Mihai_Iacob
13
4-hr EUR/USD: The Early Stages of a Trend ReversalSince September last year, EUR/USD has dropped 950 pips, hitting a low of 1.0230 last Thursday. However, the pair rebounded by 130 pips, supported by increased trading volumes and an RSI recovery from oversold territory. This may signal the early stages of a trend reversal over the coming months. Before confirming this shift, a solid support level needs to form. We expect this to occur near 1.03, which aligns with the 38.2% Fibonacci retracement level. If this support holds, further upward movement is likely. The pair's recovery momentum and technical signals suggest potential for continued growth, provided the identified support zone is respected.
Long
by Trendsharks