EURUSD trade ideas
EUR/USD Climbs Over 2.30% WeeklyFollowing stronger-than-expected EUR PMI results, EUR/USD surges this Friday, posting over 2.30% weekly gain to trade around 1.0515, though it is facing resistance near 1.0525. This recovery follows Monday's Jan. 13th low of 1.0177, the lowest price level since November 21, 2022.
The dollar showed notable weakness in the cause of the week, with the dollar index (DXY) declining to 107.27. This provided momentum for the bullish movement in EUR/USD, further strengthening the pair.
From a technical perspective, sellers may attempt to push the price back to the 1.0441 support level, where buyers could step in to regain momentum. A successful break above the 1.0525 resistance could open the door for a test of 1.0603. Conversely, if sellers manage to push the price below 1.0400, the next potential downside target lies at 1.0369. Breakouts beyond these levels remains possible.
Later today, the release of U.S. Manufacturing and Services PMI at 6:45 PM GMT+4 could play a key role in determining the next direction for EUR/USD. These data points will likely influence volatility and provide further clarity on the pair's trajectory.
EURUSD LONGBear structure/Trendline break away Elliott Wave 4 retest of the bullish order block on 5 minutes time frame going long
EURUSD INVERTED HEAD & SHOULDERAfter previously identifying a bearish head & shoulder pattern, price seemed to have done an inverted head & shoulder at a previous support structure.
With an impulse wave and retracement to the .5 level, price seems to be in the 3rd wave that can have the potential to reach 1.03, and 1.04 which can be considered potential targets for the 3rd Elliot wave pattern.
After observing high volatility in price reactions, this is an idea that can be taken into observation even with proper risk to reward trading involves partial or total loss of investment.
This post is for sharing my point of view only and is not intended as a signal or alert to be traded.
EURUSD 20-24 Jan 2025 W4 - Weekly AnalysisThis is my Weekly analysis on EURUSD for 20-24 Jan 2025 W4 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment Weekly Chart AnalysisDaily Chart Analysis4H Chart AnalysisEconomic Events for the Week
Market Sentiment
Interest Rate Differentials: The widening gap between US and Eurozone interest rates favors the USD. Higher US yields attract capital flows, supporting the USD against the euro.
Inflation Trends: While inflation in the Eurozone remains subdued, the US continues to grapple with sticky inflation, keeping the Fed cautious about easing policy. This divergence further supports the USD.
Energy Prices: Elevated energy prices, driven by geopolitical tensions or supply disruptions, could weigh on the Eurozone’s trade balance and economic growth, adding pressure to the euro.
Weekly Chart Analysis
1️⃣
🔹Swing Bearish
🔹Internal Bearish
🔹In Swing Discount
🔹Swing Continuation Phase (Pro Swing + Pro Internal)
2️⃣
🔹INT structure continuing bearish with iBOS following the Bearish Swing. (End of 2023 till end of 2024 was a pullback phase after the first bearish iBOS)
3️⃣
🔹After the bearish iBOS we expect a pullback, price tapped into liquidity below Nov 2022 which is above the weekly demand formed with the initiation of the bearish iBOS pullback phase.
🔹Expectations is for price to start a pullback phase from the Weekly demand zone / or from the liquidity sweep from the Nov 2022 low (Require Daily/4H confirmation).
Daily Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bearish
🔹Swing Continuation Phase (Pro Swing + Pro Internal)
2️⃣
🔹Following the Bearish Swing BOS, INT Structure continuing bearish approaching the weekly demand zone.
3️⃣
🔹After the receint iBOS, price pulled back to EQ (50%) of the INT Structure but currently failed to create a new iBOS with a Bullish CHoCH forming a new Demand.
🔹Expectations is not clear as we could start a deep pullback to intiate the Weekly Pullback Phase required or the current failure to creare a new Bearish iBOS is just a pause in market for more bearish move to at least the Weekly Demand. More development required from LTFs.
4H Chart Analysis
1️⃣
🔹Swing Bearish
🔹Swing Continuation Phase (Pro Swing + Pro Fractal)
2️⃣
🔹After the Bearish BOS, price pulled back to the Swing EQ (50%) tapping into a Daily and a 4H Supply that caused a Bearish CHoCH and forming a Supply that price is contained within it.
3️⃣
🔹Price is currently ranging between Supply and Demand which clearly makes price indecisively have a clear direction. More developments required on LTFs to have a clear expectation.
Economic Events for the Week
EUR/USD Weekly Price AnalysisThe technical analysis indicates that the EUR/USD currency pair is currently experiencing bearish momentum, with recent price action showing lower highs and lower lows. Significant support and resistance levels have been identified.
Current Price
The current price of EUR/USD is 1.05.
Trend Analysis
The short-term analysis indicates a bearish momentum, characterized by lower highs and lower lows.
Market Bias
The market bias for EUR/USD is bearish.
Support Levels
Short-term support is around 1.00, medium-term support is at 0.95, and long-term support is approximately 0.90.
Resistance Levels
Short-term resistance is around 1.10, medium-term resistance is at 1.15, and long-term resistance is approximately 1.20.
EURUSD: First red day in a broken down marketHello everyone and welcome back to my channel, please do not forget to like and comment my work, it's very supporting for me!
Let's start saying that I'm not here to predict the market, my view is only about the setup I'm looking, predicting is 50/50, trading specific setups can be a 90/10 opportunity.
EURUSD is currently in a kind of template which I saw several times in the past, the is breaking down, sellers are controlling the market and potentially by Thursday and Friday we can see a weekly pump and dump completing.
But let's analyse the full week to have a better understanding of the logic behind this potential move.
The previous week the market has been breaking down every day, and Friday place the most recent high and burst into the low of week.
Monday was pretty much consolidating into the LOW, not really something that can be interesting.
Tuesday the market triggered breakout long traders and pumped back up into Friday HOD, stopping their short breakout.
Wednesday, until CPI release, the market consolidated at the high of the week, eventually trapping volume up high. CPI stopped hunt trade who were shorting, closing the day back inside the initial balance (high low range of the week), and especially as first red day!
What's my thesis?
My main scenario is a short one, trying to complete the dump phase in a weekly pump and dump scenario. Obviously, not necessary we can see a strong move back into the low of week, but it can also stop and consolidate above the opening range high (HOD of Monday).
How would I enter this market?
USD news are scheduled on calendar at 8:30am NYT, I will be watching for a buy low setup after news release, specifically I will be looking for reversal pattern into the HOD.
What about the long view?
Of course, as I said, predicting a move is just silly, predicting is just like gambling, a long move obviously can happen and I can be willing to take it a session scalp if the market drop vertically down into the yesterday LOD, consolidating into the level till I will get any reversal configuration (Buy low opportunity).
During the upcoming hours I will be updating this post!
Trade safe!
Gianni
Lingrid | EURUSD potential BULLISH TRADE from the SUPPORT zoneFX:EURUSD market made an upward impulse during the London session, as the TVC:DXY dropped and created a significant gap. On the daily timeframe, the price formed a strong bullish candle, moving above last week's high. It also pushed higher above the swap zone around 1.03400. Looking left, we can see that the price has respected this level multiple times and there is chance that price will rebound from this zone again. I anticipate a bounce off this support level if we see a rejection. My goal is resistance zone around 1.04085
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | EURUSD fake BREAKOUT. Short from RESISTANCEFX:EURUSD market recently made a false breakout above the resistance zone at 1.03200-1.03300. On the daily timeframe, the bearish trend remains intact. In response to the news release, the price dropped, and I think this downward momentum will persist, driving the price to lower levels. Furthermore, the market broke and closed below the upward trendline, which had been supporting a pullback against the major downtrend. This breakout suggests a potential continuation. I expect the price to continue to move lower, pending confirmation such as a rejection candle. My goal is support zone around 1.02475
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Bearish drop?EUR/USD has reacted off the resistance level that is a pullback resistance that is slightly below the 100% Fibonacci projection and could drop from this level to our take profit.
Entry: 1.0426
Why we like it:
There is a pullback resistance level that is slightly below the 100% Fibonacci projection.
Stop loss: 1.0467
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 1.0343
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
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Finding Balance: Managing GREED in TradingIs greed helping or hurting your trading? While closing trades too quickly for small profits isn't ideal, neither is holding positions too long hoping for bigger gains. Let's explore how to find the right balance between healthy ambition and destructive greed.
📍 Understanding Healthy vs. Unhealthy Greed
Some greed can be good - it drives us to achieve goals and maintain optimism. But when it becomes an obsession, problems start. Professional traders manage their emotions well, while beginners often struggle as early successes fuel excitement and a dangerous focus on profits at any cost.
📍 Warning Signs of Unhealthy Trading Behavior
When trading turns unhealthy, you might notice these patterns:
🔹 Ignoring proven rules because you trust your "gut feelings" more than sound strategy. Your confidence leads you to dismiss common sense in pursuit of profits.
🔹 Expecting every trade to be profitable . While optimism helps, believing you'll win just because you want money is dangerous thinking.
🔹 Living with constant stress. You can't step away from price charts, scrutinizing every move and experiencing emotional highs and lows with each trade.
🔹 Chasing profits while skipping analysis. You focus only on results without learning from each trade, leading to more frequent losses over time.
📍 Dangerous Trading Habits to Avoid
⚫️ Using maximum leverage, thinking bigger trades mean bigger profits. This often leads to heavy losses when markets move sharply against you.
⚫️ Moving stop-losses and take-profit levels mid-trade. Whether hoping to avoid losses or catch more gains, this usually results in worse outcomes and added stress.
⚫️ Following the Martingale strategy - doubling position sizes after losses or wins. This approach typically leads to losing your account quickly.
📍 Practical Steps to Control Greed
1. Start with real money, but small amounts. Demo accounts can create false confidence since there's no real risk.
2. Set clear, achievable goals. For day trading (H1-H4 timeframes), aim for about 20 pips per trade. Scalpers should be satisfied with just a few pips.
3. Create and follow a detailed trading plan. Example: Take half profits at your target, use trailing stops to protect remaining gains.
4. Practice smart risk management. Decide your maximum risk per trade and stick to it - don't adjust stops once set.
5. Keep learning and practicing. With better market understanding, you'll make fewer emotional decisions. A realistic monthly return might be 2% - treat anything above as a bonus.
6. Connect with other traders. Share experiences to manage stress and gain perspective on what's normal in professional trading.
7. Stay skeptical and analytical. When excitement runs high, slow down. Check multiple information sources and grow your trading size gradually while continuing to develop your skills.
📍 Conclusion
Successful trading is about steady progress, not quick riches. Growth should happen naturally alongside your developing trading skills, without sacrificing other aspects of your life.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
EUR/USD Very Near Buying Area , Don`t Miss This Chance !Here we have a very good new up trend line on 4H Time Frame , and the price touch it 2 times , and now we are waiting For third touch and it will be the best one , so i`m waiting for the price to touch it and give me a good bullish price action and then we can enter a buy trade .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURUSD: short term buy on the 1H MA50 in order.EURUSD is neutral on its 1H technical outlook (RSI = 48.015, MACD = 0.001, ADX = 25.709) as it pulled back to its 1H MA50 today but managed to find enough support to bounce even though it crossed it. The pattern is a Channel Down, so the overall trend is bearish but this is its bullish wave and as long as the 1H MA50 holds, we can technically make one last High. Every rebound since the Channel Down bottomed on January 13th, has been of +1.00%. We are expecting another one, so place your targets accordingly (TP = 1.03500).
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EURUSD SELL After a breakout from the bearish wedge, the pair is headed to the downside.
I am bearish on this trade and hope to see it play out.
Follow and like for more ideas like this...
Market Analysis: EUR/USD Starts IncreaseMarket Analysis: EUR/USD Starts Increase
EUR/USD started a decent upward move above the 1.0350 resistance.
Important Takeaways for EUR/USD Analysis Today
- The Euro found support and started a recovery wave above the 1.0360 resistance zone.
- There is a key bullish trend line forming with support near 1.0395 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical Analysis
On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from the 1.0265 zone. The Euro climbed above the 1.0310 resistance zone against the US Dollar.
The pair even settled above the 1.0350 resistance and the 50-hour simple moving average. Finally, it tested the 1.0435 resistance. A high is formed near 1.0434 and the pair is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the 1.0266 swing low to the 1.0434 high.
Immediate support is near the 1.0395 level. There is also a key bullish trend line forming with support near 1.0395. The next major support is at 1.0350 and the 50% Fib retracement level of the upward move from the 1.0266 swing low to the 1.0434 high.
If there is a downside break below 1.0350, the pair could drop toward the 1.0310 support. The main support on the EUR/USD chart is near 1.0265, below which the pair could start a major decline.
On the upside, the pair is now facing resistance near 1.0435. The next major resistance is near the 1.0450 level. An upside break above 1.0450 could set the pace for another increase. In the stated case, the pair might rise toward 1.0550.
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Fracral shortsEu internal supply mitigated heading to liquidate the market by running through internal buyers stops.Hopefully we get confirmation from major demand to the upside
EURUSD professional analysis strategyEURUSD Preparing for Significant Movement Ahead of Trump's Inauguration
The price is near a strong zone, with discussions about price parity ongoing. The market is primarily focused on Trump's Inauguration as President and the decisions he may make this week.
The USD is already strong, but the next price direction will depend on Trump's decisions and their long-term impact on the US economy.
I have outlined both scenarios that EURUSD may face in the coming days.
EURUSD_2025my opinion, if all goes well, looking at macro economics, Trump to office, stronger $ for this coming week
this can drive EURUSD lower to 1.02500, this level could take us ot the edge of a FVG, for final TP of 0.99xx
1.02500, alos a institutional level
lets see what the bank orders have for next week
Keep in mind it is stil the begging of the year, and JAN are still month for leaving liquidity, it might not be as smooth as we would like it to be.
Road Map!Hello traders. It's simple easy to predict market at Higher Time Frame. I will update it for catching sub-waves. Be happy(wink)
EUR/USD Longs from 1.02000 back upWhile the overall trend for EUR/USD (EU) remains bearish, the strong reaction from my marked demand zone last week has caused a Change of Character (CHOCH) to the upside. This indicates a temporary shift in momentum, and I plan to capitalize on this bullish move.
My strategy is to wait for a retracement back into the 8-hour demand zone below. Once the price taps into this zone while sweeping liquidity, I’ll look for lower time frame confirmations to enter buy positions.
However, if the price continues to move higher without retracing, I’ll consider potential sell opportunities from the key level at 1.04000.
Confluences for EU Buys:
- A CHOCH to the upside has temporarily shifted the trend.
- Significant liquidity to the upside in the form of equal highs and an imbalance that needs to be filled.
- A clean, unmitigated 8-hour demand zone remains below.
- The DXY aligns with this counter-trend idea.
- A pool of liquidity below is likely to be swept before price enters the point of interest (POI).
Note: If the price breaks structure further to the upside, I’ll identify a new demand zone. For now, my primary focus remains on the 8-hour demand zone below for buys and the 6-hour supply zone above for potential sells.
EURSD wave structure analysis on 1H timeframeH4 swing is bearish.
H1 swing is bearish => Currently is pullback.
We can look for buying opportunities in the demand zone of the 1H timeframe.
I'M BUYING EURUSDTP 1 @ 1.0458
TP 2 @ 1.0535
I've already highlighted reasons for my buy, scroll through my page
EURUSD Top of the Channel Down. How to trade this.The EURUSD pair gave us a solid short-term buy last time (January 13, see chart below) that easily hit the 1.02850 Target:
The price remains near the top of the 5-week Channel Down and technically this is a sell signal. Our Target is 1.01250, which is the -2.30% minimum decline that has taken place within this pattern as a Bearish Leg.
If the price rises more however and breaks above the 4H MA200 (orange trend-line), it will be the first time to do so since October 01 2024, and a technical buy signal. In that case, take the loss on the sell and go long instead, targeting 1.06250, which is both marginally below the starting level (Resistance 1) of the Channel Down, as well as significantly below the 2.0 Fibonacci extension.
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