EUR/USD Slides to 1.1200 on Stronger Dollar Amid Trade Deal HopeCMCMARKETS:EURUSD EUR/USD extended losses on Thursday, sliding over 0.6% to test the 1.1200 handle amid renewed US Dollar demand. The Greenback gained momentum following reports of a pending US-UK trade agreement, which lifted sentiment despite the lack of official confirmation. The proposed deal would exempt the UK from steep reciprocal tariffs , while a broader 10% levy remains intact, raising questions over its longer-term impact.
Meanwhile, Europe remains sidelined in US trade diplomacy , with the White House cautioning against EU retaliation. For EUR/USD, downside pressure persists but is contained, with support forming near 1.1200. The pair has eased off multi-month highs north of 1.1500 and awaits fresh catalysts. A break below 1.1200 could open the door for deeper declines, while reclaiming 1.1300 remains key for bulls.
Resistance : 1.1232 , 1.1283
Support : 1.1197 , 1.1076
USDEUR trade ideas
EURUSD Just Landed in the Killzone — Bounce or Breakdown?🔥 EURUSD 15-Min SMC Precision Play — May 14, 2025
Here’s a sweet Smart Money sniper entry on EURUSD, caught right as price tagged a powerful triple confluence zone:
📊 1. Structure & Momentum
Recent bullish momentum created a weak high around 1.12660
Retracement follows with strong bearish pressure
Price lands exactly at a previous OB, Fair Value Gap, and the 61.8% fib retracement
🧱 2. Confluence Breakdown
🔴 Fair Value Gap (FVG): Unfilled imbalance tapped
🟣 Order Block (OB): The last down candle before bullish rally
🟡 61.8% Fibonacci Level: Price kissed the golden pocket
This stacking creates a high-probability reversal zone
🎯 3. Trade Plan
Entry: Around 1.12160
SL: Below 1.12090 (under 70.5% fib)
TP: At 1.12660 targeting previous weak high
RRR ≈ 1:6 — optimal asymmetric reward play
🔄 4. Management & Outlook
Watch for reaction on the 50% level at 1.12300
Break of market structure above 1.12400 = confirmation
Scaling out advised at midline levels with stop-loss trailed manually
🧠 Smart Money knows this is where the liquidity pools live. You're not late — you're patiently positioned where the institutions hunt.
🎯 Drop a “📍” in the comments if you're watching EURUSD
🎥 Follow for more sniper setups like this one — @ChartNinjas88
EUR/USD Bearish Trend Continues DevelopmentThe EUR/USD sell-off took a big step forward on Monday. Before that, we had a break of a descending triangle as sellers finally took out the Fibonacci level at 1.1275. But sellers weren't able to make much ground below 1.1200 last week and the breakdown remained short-lived until sellers took control on Monday. As I wrote in the post on Monday, chasing the pair lower after such a strong move seemed dangerous, and given the prior support at 1.1200 or even around the 1.1275 level, there were two areas of interest for lower-highs.
Given the pullback in USD on Tuesday, EUR/USD rallied all the way from a support test at 1.1100 up to re-test that resistance zone around 1.1275. But, notably, bears came in to defend a lower-high, keeping price below the 1.1293 level that marked the swing high on Friday.
Sellers have taken another step forward today to drive prices back-below the 1.1200 handle and the pair remains in the spotlight for USD-strength scenarios as we go into a really big batch of data tomorrow. The U.S. takes centerstage with retail sales, PPI and a speech from Chair Powell, but there's also some European drivers on the calendar before that.
In EUR/USD bears need to hold resistance below 1.1275 to retain control of the trend, and for next support 1.1100 seems obvious with the 1.1000 and 1.0943 levels below that. - js
EUR/USD suggesting a bullish outlookKey Elements in the Chart:
1. Chart Type:
Candlestick chart showing the EUR/USD currency pair.
Timeframe is 2 hours per candlestick.
2. Indicators:
Supertrend indicator: Shows buy and sell signals based on trend direction.
Green means bullish trend (buy signal).
Red means bearish trend (sell signal).
3. Annotations:
Trendline: A diagonal blue line indicating past support during an uptrend.
Support Level: A horizontal zone marked near the bottom, where price has previously bounced (around 1.1113).
Red Oval: Highlights a consolidation or range-bound area with choppy movement.
Buy/Sell Labels: Indicators of possible entry points provided by the system.
4. Trade Setup:
Entry Zone: Around the 1.1189 level (current price).
Target Zone: Near 1.1432.
Stop-Loss/Support: Close to 1.1113.
Projected Move: Illustrated with an arrow pointing upward from the entry zone to the target zone, suggesting a bullish outlook.
This chart presents a bullish trade idea on EUR/USD with a favorable risk/reward ratio. The trade is based on a support bounce, a buy signal from the Supertrend indicator, and a technical structure suggesting a potential upward movement toward the 1.1432 target leve
EURUSD - TOUGH but LOGICAL - SELL SHORT Hello Dear Traders, EURUDS bias is Short based on following confluences
The first thing to note is that market has respected BEARISH TRENDLINE resistance followed by rejection from MAJOR RESISTANCE LEVEL, which is also a FIB golden level of 0.382.
based on this, if market breaks the MINOR support level which is also 0.68 level of FIB then we can sell short the market with SELL STOP order and take profits on LL of the market.
Further, EXY (EUR Index) is bearish and DXY is positive so EUR/USD = net bearish which is also a strong sign of selling short.
similarly, if we look at the sentiments of the market, which although is 60 % bias towards short, its not a strong confluence but I will give weightage to the market senstiments.
Keep your stop loss above last LH / support level and enjoy trades.
Up again for EUHi traders,
Last week EU made another wave down into the Weekly/ Daily FVG.
The bigger correction could now be finished (or one more small leg down into the Daily FVG).
If this is true then next week we could see the next impulse wave 5 (black) up.
Let's see what the market does and react.
Trade idea: Wait for a small impulse wave up and a correction down on a lower timeframe to trade longs to the higher Weekly FVG.
If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
EURUSD long.The trading setup on the 1-hour timeframe, and it includes the following key components:
Entry Zone:
The area is marked as the Entry Zone.
Traders are expected to enter a buy position when the price dips into this zone.
Approximate entry range: 1.10871 – 1.10567
🔴 Stop Loss (SL):
Marked below the Entry Zone.
The Stop Loss is placed at around 1.10256.
This protects against further downside if the trade setup fails.
🟢 Final Target:
The area marks the take profit zone, or Final Target.
Target price: 1.12477
This is where the trade is expected to reach if the price moves favorably.
📈 Projection:
Two potential upward price paths are shown, indicating:
One quick bounce from the Entry Zone.
Another scenario where price dips slightly deeper into the Entry Zone before reversing upward.
💬 Summary:
This is a long (buy) trade setup where the trader aims to buy near the 1.10500–1.10871 area, sets a stop loss around 1.10256, and targets a profit at 1.12477. The analysis assumes a bullish reversal after the recent downtrend.
EURUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of EUR-USD with you.
Looking at the chart, if EUR-USD breaks above 1.12930 on the 1-hour time frame, I expect the price to move up to 1.15244. During this upward movement, I anticipate a pullback at 1.13805, with the price possibly retracing down to 1.12000. After this, I expect the price to continue its move upwards towards 1.15244.
📉 Expectation:
Bullish Scenario: Price to move up to 1.15244 after breaking above 1.12930.
Pullback Expected: A possible pullback to 1.12000 after reaching 1.13805 before the price continues upwards to 1.15244.
💡 Key Levels to Watch:
Resistance: 1.15244
Support: 1.12000
💬 What are your thoughts on EUR-USD this week? Let me know in the comments!
Trade safe
DeGRAM | EURUSD retest of the support level📊 Technical Analysis
● Price is testing the confluence of the blue corrective channel floor, the long‑term rising‑channel base and the 1.11 support, replicating April’s launch point.
● A close above the blue channel roof (~1.127) would confirm a break and target the mid‑channel 1.134 resistance, then the supply zone / upper rail near 1.140; bias is invalidated on a sustained close below 1.11.
💡 Fundamental Analysis
● US initial claims jumped to 252 k (5‑week high) while two FOMC voters signalled readiness to cut if labour softens, pressuring yields and the USD.
● ECB’s Lane said inflation is “on track” but emphasised data‑dependence beyond June, tempering easing expectations and underpinning euro rates.
✨ Summary
Channel‑base retest + weaker US data versus cautious ECB keep the short‑term long in play: objectives 1.134 → 1.140, cut if < 1.11.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD – This Week’s SetupAs shown in the previous analysis, the key levels have been broken 🔓.
We’re now waiting for a pullback to short from the marked level 🔽.
But if price goes straight to the lower level without a pullback, we’ll look for a buy opportunity there 🔼🎯.
Exact price levels shown on the chart!
Live markets need live plans! ⚔️📈
For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
Euro H4 | Rising into an overlap resistanceThe Euro (EUR/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.1263 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 1.1395 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance.
Take profit is at 1.1081 which is an overlap support that aligns close the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Hammer Candlestick: Meaning and SignalsHammer Candlestick: Meaning and Signals
Technical analysis is a commonly used approach in the financial markets. It involves studying historical price data to make informed trading decisions. Among the various tools and formations employed in technical analysis, the hammer candlestick pattern stands out as a powerful tool. This article will delve into the meaning of the hammer candlestick pattern and explain how traders can interpret it on a forex, stock, and crypto* price chart.
What Is a Hammer Candle?
A hammer is a candlestick that is found on trading charts. It occurs at the end of a downtrend and acts as a bullish reversal signal.
To identify a bullish hammer candle on a price chart, traders do the following:
- Look for a significant downward movement: They begin by searching for a notable decline in an asset’s price.
- Observe the candle shape: The setup is characterised by a small body near the top of the candle and a long lower shadow. The lower shadow must be at least two times the length of the body. The colour of the candle doesn’t matter, but if it’s a green hammer candlestick, meaning it closed higher than it opened, the signal may be stronger.
- Analyse the context: Traders usually look for areas of support nearby as they may increase the setup's reliability.
Bullish Hammer Pattern: Trading Rules
Here are the common steps traders take when trading with a hammer:
- Confirm validity: Traders ensure that the hammer meets the criteria discussed earlier, such as a significant market decline followed by a candle with a small real body near the top and a large lower wick.
- Determine the entry point: Once the bullish hammer candlestick is confirmed, traders identify an appropriate entry point. Candlesticks don’t provide specific entry points. However, traders usually wait for the subsequent bar to close above and enter the trade if the market moves higher.
- Set stop-loss and take-profit levels: Traders place a stop-loss order below the low of the hammer to potentially limit risks. Traders determine a suitable take-profit level based on their trading approach, such as at the nearest resistance level or in accordance with the risk/reward ratio.
Trading Example
A trader spots a hammer on the hourly chart of the EURUSD pair. They wait for the candle to close above the hammer to enter the market. Their stop loss is below the hammer’s lower shadow, with the take profit calculated in accordance with the 1:2 risk/reward ratio.
How Can You Confirm the Hammer Candlestick?
Confirming the hammer candlestick pattern enhances the reliability of trading decisions. Beyond its basic identification, several techniques and indicators help validate its potential bullish reversal signal.
- Volume Analysis: A significant increase in trading volume during the formation of the hammer candlestick suggests stronger confirmation. Higher buying volume indicates heightened interest and participation, reinforcing the potential reversal.
- Support Levels: The presence of a strong support level near the hammer adds credibility to the pattern. Support levels act as psychological barriers where buying interest may increase, boosting the likelihood of a reversal.
- Subsequent Candlesticks: Observing the price action of the next few candlesticks after the hammer can provide further confirmation. A bullish candle closing above the high of the hammer enhances its validity.
-Double Hammer Pattern: While rare, a double hammer candlestick pattern where two candles appear consecutively can offer strong confirmation of a bullish movement.
- Trend Indicators: Utilising trend indicators like moving averages can help confirm the hammer. A rising moving average confirming the upward trend or a hammer forming in line with a broader trend adds weight to the potential reversal.
- Divergence: Identifying divergence between the price and momentum indicators, such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD), can strengthen the pattern's reliability.
Hammer and Other Candlestick Patterns
Let’s compare the hammer to other candle formations you can spot on price charts.
Inverted Hammer
The inverted hammer is similar to the hammer but has a different appearance. It is characterised by a small body near the bottom of the candle and a long upper wick. The inverted hammer signals a potential bullish reversal as buyers start to gain strength and push the market up. The small body and small lower shadow reflect the rejection of lower prices, suggesting a shift in market sentiment from bearish to bullish.
Doji
In contrast to the red or green hammer candlestick pattern, the doji features a small real body with equal or close opening and closing prices and long upper and lower wicks. It represents market indecision, where neither buyers nor sellers have gained a clear advantage. While the hammer is potent during the downtrend, the doji can occur after both uptrends and downtrends, and it signals market consolidation or a potential trend reversal.
Shooting Star
The shooting star formation emerges at the top of an uptrend and suggests a potential bearish reversal. It is identified by a small real body near the bottom of the candle and a long upper wick, implying a rejection of higher prices and potential exhaustion of buying pressure.
Hanging Man
The hanging man emerges after an uptrend and suggests a potential bearish reversal. It resembles the hammer with a small real body near the top and a long lower wick, but the crucial difference is that it occurs in an uptrend. The hanging man implies that sellers are starting to exert influence, potentially leading to a reversal in the market.
Limitations of the Hammer Pattern
While the hammer is a valuable tool in technical analysis, it is not without its limitations.
- False Signals: It can sometimes produce false signals, leading to premature or incorrect trade entries. In certain market conditions, such as strong downtrends or highly volatile environments, the hammer may be less effective. Its success rate can vary across different assets and market scenarios.
- Dependence on Confirmation: The reliability of the hammer significantly depends on additional confirmation tools and indicators. Without these, alone it might not provide sufficient confidence for trading decisions.
- Short-Term Nature: The hammer primarily signals short-term price movements and typically can’t be used to anticipate medium or long-term price trends.
The Bottom Line
Successful implementation of the hammer formation requires experience, practice, and the use of additional technical analysis tools and indicators. Traders never rely solely on the hammer’s signals but integrate it into a comprehensive trading strategy.
FAQ
What Is a Hammer Candlestick?
A hammer is a specific setup found in charts that indicates a potential reversal to an uptrend. It is formed when a financial instrument opens at a certain price and experiences a significant decline during the trading period but eventually rallies back and closes near its opening price.
Is a Hammer Candlestick Pattern Bullish?
Yes, the hammer candlestick pattern is generally considered bullish. It signifies a potential trend reversal after a downtrend, as buyers enter the market and drive the price higher from its lows. The long lower shadow indicates that the buying pressure is strong and can potentially lead to further upward movement in the market.
Can a Hammer Candle Be Bearish?
A hammer candle is generally considered a bullish reversal signal, signalling a potential upward price movement after a downtrend. There is no bearish hammer. If the market continues to move lower after it forms, it just means that bearish market conditions were stronger and didn’t allow buyers to change market sentiment.
What Is the Hammer Candle Rule?
The hammer candle rule states that it must occur after a significant downtrend, have a small real body near the top of the candle, and feature a long lower shadow at least twice the length of the body. This pattern indicates a potential bullish reversal if confirmed by subsequent price action.
What Is the Hammer Strategy?
The hammer trading strategy involves identifying a candlestick at the end of a downtrend, confirming its validity with additional indicators or signals, and then entering a long position. Traders typically set stop-loss orders below the hammer's low and determine take-profit levels based on risk/reward ratios or nearby resistance levels.
*Important: At FXOpen UK, Cryptocurrency trading via CFDs is only available to our Professional clients. They are not available for trading by Retail clients. To find out more information about how this may affect you, please get in touch with our team.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
EUR/USD Descending Triangle Break - Lower-lowsEUR/USD bears took another step forward to start the week and at this point the structure on the four-hour chart remains clean, with a fresh lower-low to go with the recent build of lower-highs. The weekly chart looks similarly toppy as the pair is now working on its fourth consecutive weekly loss, following the shooting star formation that showed up in late-April.
After failing at 1.1500, the pair has already pushed down for a test of the 1.1100 handle. And given the support-turned-resistance at 1.1275, we have another item of impact from the Fibonacci sequence produced by the 2021-2022 major move. This would place emphasis on the 1.0943 level, which itself was resistance-turned-support in March and April. This could function as a bigger picture support target for bearish continuation scenarios.
The question now is whether bears will defend the 1.1200 handle, or perhaps even a re-test of 1.1275, which could remain as a valid lower-high given that the Friday high printed at 1.1293.
For next support the 1.1000 handle seems obvious but there's also a Fibonacci level (from another sequence) around 1.1046. - js
EURUSD SHORT FORECAST Q2 W20 D14 Y25EURUSD SHORT FORECAST Q2 W20 D14 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 rejection
✅Gap fill
✅Intraday 15' order blocks
✅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
EURUSD : This also applies to BTCUSDThe 'trendline' had spoken, but what about the harmonic pattern?
I do NOT believe in trendlines, so the reason for me is that price reacts to 1.1292 because of something else. However, reacting to this is a very strong indication of price weakness.
Now price is at B:
a) If price bounces from B, it would likely move to 1.0835
b) If price bounces from C, it would likely retest D
Do also take note of bond yield which is a bit crazy nowadays. This is likely a test for the $. The US30Y is near 5% - if it goes above 5.25%, then we can expect something to break. $ would be at risk.
Good luck.
EURUSD Technical Analysis.This chart from TradingView shows the EUR/USD pair on the 1-hour timeframe.
Key Observations:
1. Current Price: The price is around 1.10784, with a significant drop indicated (-1.49%).
2. Support Zone: There is a horizontal support line near the current price, suggesting a potential bottom or area of buying interest.
3. Resistance Zones:
An intermediate resistance around 1.11826.
A higher resistance near the 1.12000 level, marked as a potential target.
4. Bullish Reversal Pattern: The chart shows a potential W-shaped pattern forming, indicating a possible reversal from the current downtrend.
5. Projection: The arrow and target indicate that if the price breaks the intermediate resistance, it may aim for the 1.12000 area.
Trading Insight:
This setup suggests a bullish reversal after the recent sell-off. A break and close above the intermediate resistance around 1.11826 could confirm a move toward the next target. However, if the price fails to break the resistance, a continuation of the downtrend may occur.
Would you like an analysis of potential trading strategies based on this chart?
EUR/USD Stages Rapid Roundtrip1.1200 is the key level to watch for traders, with price action around it likely to provide better guidance than the barrage of conflicting macro takes doing the rounds right now. If the price remains below it, establish shorts with a stop above it for protection, and vice versa if the opposite occurs.
Even with Tuesday's snapback, the edge still leans slightly bearish after last week’s break of uptrend support. That move flagged rising downside risks, and little has changed since. RSI (14) and MACD both point to waning bullish momentum, remaining locked in downtrends that could produce firm bearish signals if they persist.
The 50-day moving average is an obvious hurdle for bears to overcome on the downside. If it were to be broken, it opens the door for a run towards support at 1.0900 and the 200-day moving average. If the price is able to push back above 1.1200 it would put resistance at 1.1276 and 1.1380 on the menu for longs.
With a quieter data calendar on Wednesday, let the price action guide you on how to best proceed.
Good luck!
DS
EUR/USD sell target/buy orderPrice went down and hit a previously marked level at 11083.6 and bounced. However I believe there is still strong selling pressure and the trend will continue to the downside.
There is another high volume area waiting below at 10996.5, Confluence here as this area was the volume point of control on the 10th April.
Usually would trade this as a buy when the level is reached, but I have the confidence that this will continue to drop, so selling down to this level.
Could the Fiber reverse from here?The price is rising towards the pivot and could reverse to the 1st support.
Pivot: 1.1208
1st Support: 1.1117
1st Resistance: 1.1244
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.