EURUSD_W trade ideas
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
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.
Long run……📈 EURUSD 4H – From Long to Short: Managing the Full Move
This chart shows the power of the ELFIEDT RSI + Reversion Strategy not only in identifying strong short-term reversion trades but also in guiding traders through longer-term swing positions when holding a trade from exhaustion signal to exhaustion signal.
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🟢 Buy Signal – Early Reversal Opportunity
Back on the left of the chart, the strategy printed an “UP” signal after a heavy selloff:
• Price had broken well below the lower volatility band
• RSI entered deeply oversold territory
• A strong bounce followed, confirming the shift in momentum
This setup offered a great opportunity for position traders to enter early on a larger move — and it played out exceptionally well.
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🔺 Trend Continuation Through Higher Lows
After the buy signal, price continued to climb with higher highs and higher lows, allowing the position to be managed with:
• A trailing stop-loss below swing lows
• Partial profit-taking along the way
• Or simply holding for a strategy-based exit
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🔻 Sell Signal – Opposite Reversion Appears
Eventually, the price topped out after a steep rally, and the strategy printed a clear “DOWN” signal:
• Price had pushed far above the upper deviation band
• RSI signaled overbought exhaustion
• A pullback quickly followed
This offered two strategic options for long-term traders:
1. Close the long position fully, locking in gains from the original buy signal
2. Flip the bias and enter a short reversion trade, following the same principles in reverse
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📌 Trade Management Commentary:
• Holding from “UP” to “DOWN” would have captured the full reversion-to-reversion swing — a large, clean multi-week trend
• No need to predict tops or bottoms — just follow the signals and let the market guide you
• For traders who prefer swing or position strategies, using the ELFIEDT signal pairs (buy → sell or sell → buy) can offer a rule-based exit system tied directly to volatility and momentum extremes
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🎯 Takeaway:
The ELFIEDT RSI + Reversion Strategy is not just for scalps or intraday setups — it can also support longer-term trend plays, providing clear visual signals that help eliminate emotional exits and allow trades to mature naturally.
EURUSD at Key Resistance – Bull Trap or Breakout Incoming?The Euro has rallied into a major supply zone at 1.15800+, a level that hasn’t been broken since mid-2023. As price trades within this supply range, traders are eyeing either a strong breakout or a potential rejection back toward demand.
🟦 Key Supply Zone: 1.14994 – 1.16100
🟧 Major Demand Zones:
• 1.09023 (mid-range)
• 1.02903 (long-term support & prior consolidation base)
⚖️ Current Outlook:
• EURUSD is showing strength, but bullish momentum is slowing at resistance.
• A rejection candle from here could signal downside toward 1.0900 and even 1.0290.
• Break and close above 1.16100 on the daily would confirm bullish continuation toward untested zones.
🗓️ Marked Date: January 29, 2025 – Previous structure shift & start of bullish wave
💡 Watch Closely:
Price behavior around the current supply zone will determine direction for weeks ahead. Risk/reward now favors patient traders — wait for confirmation!
🧠 Chart Tools:
LuxAlgo Supply & Demand Visible Range
Timeframe: Daily (1D)
🚨 Potential Scenarios:
🔺 Breakout = Target 1.1800+
🔻 Rejection = Drop toward 1.0900 – 1.0300
👇 What’s your bias here? Are the bulls done or just getting started?
#EURUSD #ForexSignals #LuxAlgo #SupplyAndDemand #PriceAction #ForexStrategy #BreakoutOrRejection #FrankFx #TradingViewAnalysis #SmartMoneyTraders
EURUSD Buy the next dip and target 1.17700The EURUSD pair has been trading within a Channel Up pattern and is currently on its 2nd Bullish Leg that hasn't yet been completed.
It does print an identical price action to the 1st Bullish Leg of the pattern, having already made its first pull-back near the 0.382 Fibonacci retracement level and is now rising for the 2nd rejection.
Our plan is to buy the next dip and target 1.17700, which is the -0.136 Fibonacci extension, the level where the 1st Bullish Leg topped.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD: heading toward double-top?The jobs data were in the spotlight of the US market during the previous week. The JOLTs job openings in April reached 7,391M, a bit hotter from market forecast of 7,10M. The Non-farm Payrolls in May added 139K new jobs, which was modestly higher from the forecasted 130K. The unemployment rate remained unchanged in May at the level of 4,2%. The average hourly earnings were higher by 0,4% for the month and 3,9% for the year. As for other posted data, the US ISM Manufacturing PMI for May was standing at 48,5, modestly below market estimate of 49,5. The ISM Services in May were standing at 49,9, lower from estimated 52,3.
Previous week on the European market was marked with an eighth rate cut by 25bps, bringing the reference rate to 2%. Potential further rate cuts will continue to be data-driven. The ECB also cut its inflation forecast till the end of this year to 2%, from 2,3% forecasted previously. At the same time, the posted flash inflation rate in the Euro Zone in May is 1,9% on a yearly basis, which was below market estimate of 2%. The core inflation continues to be a bit elevated, standing at the level of 2,3% y/y in May. EuroZone inflation in May was 0% compared to the previous month. The Producers Price Index in the Euro Zone in May was down by -2,2% for the month, and 0,7% on a yearly basis. The balance of trade in Germany in April had a surplus of euro 14B, which was significantly lower from estimated euro 20,2B.
During the previous week the currency pair was moving relatively slowly, within a short range. Fundamentals were shaping the investors sentiment. One one side, the ECB new cut of reference rates, while on the other side were relatively stable jobs data for the US market. The eurusd spent the previous week in a range between 1,1340 and 1,1450. There was a short move toward the 1,1490 on Thursday, but the market was not willing to test the 1,15 level on this occasion. Based on moves, the market is still not ready to move away from 1,14 lines. The RSI continues to move above the level of 50, indicating again that the market is not ready to take the path toward the oversold market side. The MA50 continues to diverge from its MA200 counterpart, without an indication of a potential change of course in the coming period.
The week ahead is bringing US inflation data for May as well as inflation expectations from the University of Michigan survey. In case of some negative movements in this segment, the market reaction might be triggered. In this case it could be expected further weakening of the US Dollar against Euro, and a trigger for testing of the 1,15 level. Highs from April this year at 1,1570 might easily become the market target. However, if May inflation holds at levels expected by the market, which could be the most likely scenario, then some short term straightening of US Dollar might take place. The first stop would certainly be the 1,14 level, while the next one stands at 1,1275. It is interesting to mention higher potential for double top formation in the technical analysis, which eurusd is currently modestly forming. In case that the double top is triggered in the coming week or two, then the next level for eurusd could be 1,12 level, where highs from September 2024 stands. However, this scenario, if it occurs, could be revealed within the next few weeks.
Important news to watch during the week ahead are:
EUR: Industrial Production in April in the EuroZone, final inflation rate in May for Germany
USD: Inflation rate in May, Producers Price Index in May, University of Michigan Consumer Sentiment preliminary for June.
Today's EUR/USD Trend Analysis and Trading RecommendationsThe EUR/USD is trading at the upper end of its recent range, having hit an intraday high of around 1.1440 and remaining near that level. The US Dollar strengthened in the early session due to optimism about the easing of Sino-US trade tensions, but later declined as European stocks fluctuated. Technically, the daily chart shows bulls remain in control, with the 20-day SMA rising gently at 1.1330. In the short term, the pair is range-bound around the 20-day SMA, yet to confirm a bullish breakout, while the 100-day and 200-day SMAs support the overall upward trend.
EUR/USD
buy@1.14200-1.14300
tp:1.14600-1.14900
DeGRAM | EURUSD held the support📊 Technical Analysis
● Euro holds above 1.137 – 1.140, where the channel’s mid-line meets the old wedge roof, printing a fresh higher-low (green arrow).
● Price is compressing inside a pennant capped at 1.142; flag height projects to 1.156 – 1.160 at the rising-channel median once 1.142 gives way.
💡 Fundamental Analysis
● After the ECB’s “one-and-pause” cut, sticky EZ core CPI (2.9 % y/y) and softer US payrolls narrowed the 2-yr rate gap, keeping flows tilted toward the euro.
✨ Summary
Buy 1.137–1.141; pennant breakout >1.142 targets 1.156 → 1.160. Long bias void on an H4 close below 1.126.
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Can EUR/USD Break Through the Range Constraint?The EUR/USD exchange rate continues to maintain a range-bound consolidation trend, currently trading around 1.1400. The dovish statements from European Central Bank (ECB) policymakers are offset by the positive economic signals in the Eurozone, leading to a wait-and-see sentiment in the market. In the short term, the EUR/USD exchange rate is expected to remain in a narrow range consolidation pattern. Technically, the exchange rate needs to break through the recent high to sustain the upward momentum; otherwise, it may return to the broader range of 1.12-1.15.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
EURUSD – Still a chance to rebound if support holdsEURUSD has recently pulled back slightly after approaching resistance near the rising trendline. Currently, price is heading back to retest the support zone around 1.13200 – a key confluence area with the EMA89 and previous swing lows. This is a crucial level. If it holds, there’s a strong possibility for a rebound toward the 1.14280 resistance area.
On the H4 timeframe, the price structure remains within an ascending channel with no clear signs of trend reversal. The formation of higher lows suggests that buying pressure is still present. Notably, if this week’s CPI, PPI, and NFP data come in weaker than expected, market sentiment may shift further toward the idea of an early Fed rate cut – potentially providing a lift for EURUSD.
Additionally, rising geopolitical tensions could increase risk aversion, weakening the USD and further supporting the euro.
EURUSD – Follow-Up UpdateEURUSD traded above the 1.1573 level on Thursday, marking a second break to the upside following the earlier trend-changing pattern — a potential sign of bullish continuation.
However, on the 1H/M15 chart, we've observed a minor ABC corrective decline (pullback). We’re now watching for a break below 1.1511, which could signal the start of a short-term bearish move.
🎯 Short-Term Target:
The next key level is 1.1214, a weekly structural support zone and the low of the previous trend-changing pattern.
📌 Key Zones to Watch:
Bearish confirmation: Break below 1.1511
Medium-term target: 1.1214
Stay alert to price action around these levels.
Trade safe, and have a blessed weekend.
EURUSD SHORTFrom April 7th to June 2nd 2025, the market have been rejected at the monthly S/R/PP aera many times and now sells have step into the mkt and they are pushing the mkt to the down side. On the daily time frame at the monthly support resistance piovt point aera the mkt form an INSIDE BAR CANDLESTICK PATTERN that shows that there is a consolidation going on on the 1h TF, so at this point the mkt is telling me that is time to go down 👇. My own thought