USDEUR trade ideas
My Thoughts #009We are getting ready for sells
The pair still has a liquid area inside the supply zone
We will sell once we get a choch on the supply after the sweep of the liquidity
And sell till the all time low
The pair could invalidate the whole set up
So use proper risk management
Let's do the most
EURUSD-M15-SHORTThe price has reached a strong resistance zone, The Ichimoku Cloud also indicates overbought conditions, supporting a potential reversal. I’m targeting a move down to the support level at 1.12076, with a stop-loss above the recent high at 1.13000 for risk management. Let me know your thoughts!
Can EUR/USD hold above the 1.13 threshold?The EUR/USD exchange rate faced selling pressure during the European trading session, falling to around 1.13. The price movement was dragged down by the significantly lower-than-expected Eurozone preliminary PMI data for May, with the composite PMI dropping from 49.5 in April to 50.4, indicating signs of contraction in overall business activity.
From a technical perspective on the daily chart, EUR/USD is currently near the 1.13 level, showing signs of technical adjustment pressure. After forming a high at 1.1572, the price pulled back. The upper band of the Bollinger Bands is at 1.1494, the middle band at 1.13, and the lower band at 1.1110. The current exchange rate is trading precisely near the middle Bollinger Band, a level that typically carries significant support or resistance significance.
In the market, there are no absolutes, and neither upward nor downward trends are set in stone. Therefore, the ability to judge the balance between market gains and losses is your key to success. Let money become our loyal servant.
EURUSD is in a Downside DirectionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD Reversal? Key Levels to Watch NowA reversal candle is forming on the weekly chart. Watch 1.1270 for confirmation of a short-term trend shift in EURUSD.
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EURUSDECB VS FED.Rate cut verse rate hold .As geopolitical tension cools off and fed hawkish rhetoric's verses ECB dovish stance ,this simple market fundamental could cap euro gains in coming months. if the pressure insist we could see a breakout of demand floor sending euro downswing.
#eurusd#dollar #usd
Rate Cut Hopes Fuel Rally - Long SetupThe asset is approaching a former support level, which now acts as resistance. If it breaks above, I expect a move toward previous highs.
The trading session started with strong momentum, fueled by dovish commentary suggesting potential interest rate cuts .
The uptrend remains intact — bears failed to break below the 50-day moving average , and the bulls have regained control. As long as this holds, I’ll continue playing the long side.
📝Trading Plan:
Long from the 1.13 level, targeting 1.1490, with a stop placed below today’s candle low.
I’m watching for increased activity in this currency pair and will act according to my trading plan.
EUR USD 30M CHART PATTERNThis chart is a 30-minute candlestick analysis of the EUR/USD currency pair. It illustrates a head and shoulders pattern, which is typically considered a bearish reversal pattern in technical analysis. Here's a breakdown:
Key Elements:
Red arrows: Mark the shoulders and the head of the pattern.
Orange circles: Highlight the swing lows (neckline area).
Blue lines: Show the price movement forming the head and shoulders.
Trade Setup:
Entry: Just after the right shoulder forms (price breaks the neckline).
Stop Loss: Slightly above the right shoulder (marked in red).
Take Profit: Below, equidistant from the neckline to the head (measured move), marked in green.
Strategy:
This is a short (sell) trade setup anticipating the price will fall after confirming the head and shoulders pattern. The risk/reward ratio looks favorable.
If you need help backtesting this pattern or automating the strategy, let me know!
EUR/USD – Fair Value Gap Filled, Market Eyes Higher HighsThe EUR/USD chart on the 4-hour timeframe is showing a well-formed Elliott Wave pattern. We've seen a clear 5-wave move to the upside, followed by a corrective ABC pattern. This correction seems to have completed, with wave C ending right at a strong support area.
It's the lower trendline of the rising channel formed during the 5-wave impulse.
It's also where a Fair Value Gap (FVG) has just been filled — an area where price previously moved too quickly and is now finding balance.
T1: 1.12355
T2: 1.13072
SL: 1.10468
EURUSD Weekly PerspectiveOn ICT Cycles, Maybe EUR Can Go Higher To Buyside Equals..
But it needs confirmation from the shorter-term views and confirmation from the dollar index.
Over time, this idea will be updated according to the coming days.
CPI profile was able to make a good climb and probably provides a fairly good confirmation for the continuation of the upward trend.
Have a good week and trades.
EURUSD - Could the Low Be in Place?EURUSD has recently been struggling for upside momentum as a reduction in trade tensions have boosted the dollar, and hopes for another ECB rate cut in June have weighed on the Euro.
This has seen a selloff in the world’s biggest FX pair from its 2025 highs at 1.1573 posted on April 21st, to a low of 1.1065 on May 12th, as US and China trade representatives outlined details of a significant reduction in tariffs on imports from each country, before eventually closing on Friday slightly higher at 1.1150.
Roll forward to the start of this new trading week and a downgrade to US government debt by rating agency Moody’s (last Friday) has seen a brief resurgence of the sell US assets trade, and while US stock indices recovered their initial losses into the close yesterday evening, the dollar has remained under pressure with EURUSD trading against a potential important technical level (more on this in the technical update below).
This leads us to ask the question, was the low seen on May 12th at 1.1065 a final capitulation of weak longs, and could a new up trend be developing again?
While further news flow on the topic of US government debt, including updates on progress through Congress of a Republican tax cut and spending bill, may continue to dominate the direction of EURUSD across the rest of the week, sentiment could also be impacted by Thursday's release of the May forward looking PMI surveys from the Eurozone (0900 BST) and US (1445 BST), which will provide traders with an insight into the current health of these two major economies.
The current technical outlook may also be important.
Technical Update: Focus on Fibonacci Retracements
Interestingly, the sell-off into the May 12th low at 1.1065 did approach what might have been classed as a support level at 1.1056, marked by the 61.8% Fibonacci retracement of March 27th to April 21st price strength.
As you can see from the chart below, it is the test of this price level that looks to have prompted the latest EURUSD recovery.
Resistance Focus:
Traders may well now be focusing on 1.1263, which is equal to the 38.2% Fibonacci retracement of the April 21st to May 12th 2025 price weakness, a level that was successful in holding, on a closing basis, yesterday’s attempt to push to higher price levels.
That said, successful closing breaks above 1.1263 while no guarantee of further price strength, might leave some traders looking for an extension of the current upside move, with the next resistance potentially standing at 1.1381, which is the higher 61.8% Fibonacci retracement.
Support Focus: What if 1.1263 Caps Further Gains?
It is equally possible the 1.1263 Fibonacci retracement resistance can continue to hold, even turn price activity lower once more.
With this in mind, we should perhaps monitor support at 1.1171, which is equal to half the latest recovery move. Closing breaks below this level might then lead to a more extended phase of price weakness towards the 1.1056 retracement support, possibly further if this in turn were to give way.
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