DeGRAM | EURUSD reached the resistance line📊 Technical Analysis
● EUR/USD has reclaimed the inner resistance of the 8-day descending channel after a V-shaped rebound from the lower rail; candles are now riding a fresh micro up-sloper.
● A 30 min close above 1.1666 (channel roof / prior pivot) confirms trend reversal and projects the measured move to the higher congestion band at 1.1690-1.1700.
💡 Fundamental Analysis
● Yesterday’s dip in US 2-yr yields after weaker Philly-Fed new-orders and higher jobless claims softens dollar demand, while ECB minutes signalled no rush to ease further, supporting the euro.
✨ Summary
Long 1.1630-1.1650; break of 1.1666 targets 1.1690 → 1.1700. Invalidate on an H1 close below 1.1585.
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Eurusdanalysis
EURUSD BUYThe EUR/USD pair edged lower in the past week, settling a handful of pips below the 1.1700 mark, further retreating from the multi-year peak posted early in July at 1.1830. Financial markets kept revolving around the United States (US) President Donald Trump's targets. With geopolitical woes cooling down, Trump’s focus returned to tariffs, and the Federal Reserve’s (Fed) wait-and-see stance on monetary policy.
Trump fixated on tariffs and Powell
Since the week started, speculative interest kept their eyes on the July 9 tariffs deadline. Trump announced massive retaliatory levies on over 180 trading partners in May, quickly establishing a 90-day grace period afterwards. His goal was to clinch better trade deals with all these nations. But as the date loomed, deals were scarce. The US made some trade arrangements with some minor economies, such as Vietnam, but there were none with major counterparts, nor, of course, with China
TP 1 1.162
TP 2 1.165
TP 3 1.168
RESISTANCE 1.154
EUR/USD Resumes Bearish Trend Below $1.176FenzoFx—EUR/USD trades bearish, below the 100-SMA, and is currently testing the bullish FVG as support. Yesterday, Euro failed to pass the immediate resistance at $1.176; therefore, we expect the bearish bias to resume.
In this scenario, EUR/USD's downtrend could extend to the next support level at $1.151. Please note that the bearish outlook should be invalidated if Euro closes and stabilizes above $1.176.
DeGRAM | EURUSD rebound from the trend line📊 Technical Analysis
● Price printed a hammer and bullish RSI divergence on the lower rail of the 3-week descending channel (green arrow 1.1598), breaking the inner wedge that guided last leg down.
● First resistance is the channel mid-line / prior pivot 1.1632; a move through it exposes the upper band near 1.1692, where July supply and the larger bearish trend-line converge.
💡 Fundamental Analysis
● Softer US retail-sales control-group and Daly’s “more evidence needed” remarks cooled 2-yr yields, trimming dollar support, while ECB’s Knot said additional cuts “are not imminent,” limiting euro downside.
✨ Summary
Long 1.1600-1.1620; hold above 1.1632 targets 1.1690. Long view void on an H1 close below 1.1580.
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DeGRAM | EURUSD fixed under the resistance level📊 Technical Analysis
● Price is stalling against the upper band of a three-month rising channel (≈ 1.1790) after producing a false break and quick rejection—marking a potential bull-trap at trend resistance.
● Bearish divergence on the 4 h RSI and the first lower-high inside a micro rising wedge suggest momentum is fading; a slide through 1.1745 should trigger profit-taking toward the mid-channel support at 1.1595.
💡 Fundamental Analysis
● Solid US payrolls and a hawkish tone in FOMC minutes lift two-year yields, reviving the dollar bid, while post-election coalition wrangling in France keeps a risk premium on the euro.
✨ Summary
Sell 1.1785 ± 15 pips; break below 1.1745 targets 1.1595. Invalidate on a 4 h close above 1.1810.
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Important News for EURUSDYesterday, EURUSD continued moving sideways as the market waits for upcoming news.
Today at 1:30 PM London time, U.S. inflation data will be released.
This report has a strong impact and is likely to set the next direction for the pair.
It’s advisable to reduce your risk and avoid opening new positions before the news comes out.
The goal is to follow the trend once it resumes!
EURUSD possible long from 1.1610 area for 1.1730#eurusd market rallied 1.1450 - 1.1640. then consolidation between 1.1580-1640 area. Institutions put more buy orders and price rallied again after bases out and reached upto 1.1830 area. Now market sell off / retracement to test demand area to fill the remaining unfilled order for another leg higher. Demand zone: 1.1610-1.1590. stop loss: 1.1565, target: 1.1730. in weekly and daily chart market forming distribution shape for big sell opportunity.
EURUSD Weakened By New Tariff Tensions With US This is the Weekly FOREX Forecast for the week of July 14 - 18th.
In this video, we will analyze the following FX market: EURSUD
The latest headlines tell the story. The tariffs are triggering a slow run to the USD safe haven. The previous week showed the USD Index closed pretty strong. There's a good chance we'll see more of the same this coming week.
Look for the strength in USD to continue to be supported by fundamental news, and outperform the other major currencies, including the EURO.
Buy USD/xxx
Sell xxx/USD
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The trend continues for EURUSDYesterday, EURUSD once again tested the support level at 1,1683 and bounced off it.
The uptrend remains strong, and we are monitoring for its continuation.
All positions should align with the main trend.
Watch for the end of the current pullback as a potential buying opportunity.
The next resistance levels are 1,1813 and 1,1916!
EUR/USD Bullish Setup from Key Support📈 EUR/USD Bullish Setup – Targeting 1.18500
Timeframe: 4H
Pair: EUR/USD
💡 Analysis:
The market is currently showing strong bullish momentum with clear support zones holding price action. After a healthy retracement, price is reacting well around the recent support level near 1.16800. If this level holds, we can anticipate a bullish continuation toward the target resistance zone at 1.18500.
🔶 Support Levels:
1. 1st Support Area: ~1.16800 – Recent consolidation and strong reaction zone
2. 2nd Support Area: ~1.15800 – Previous breakout level
3. 3rd Support Area: ~1.14300 – Major structure support
🎯 Target Point:
• 1.18500 – Major resistance and previous swing high
📊 Trade Idea:
We are looking for a bullish move from the current price level (~1.1700) toward the resistance at 1.1850. If price respects the nearest support zone, long entries with proper risk management could be favorable.
DeGRAM | EURUSD downturn in the channel📊 Technical Analysis
● Price is capped by a confluence of the June-July down-sloping channel roof and the former median resistance line at 1.1780; the last three candles form lower highs inside a micro bear-flag.
● Intraday structure now leans on the 1.1745–1.1750 support cluster: a break beneath this shelf completes the flag and exposes the channel floor/June pivot at 1.1690.
💡 Fundamental Analysis
● Pre-NFP dollar demand is rebuilding as ADP and ISM-services beat consensus, while French election uncertainty revives euro risk premium.
✨ Summary
Sell 1.1775 ± 5 pips; sustained trade below 1.1745 targets 1.1690. Short thesis void if 30-min candle closes above 1.1800.
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DeGRAM | EURUSD will continue to grow rapidly📊 Technical Analysis
● Euro keeps hugging the upper rail of the 3-month rising channel after re-testing the broken April triangle top as support, confirming fresh trend acceleration.
● Momentum is unbroken – every 4 h pullback since 17 Jun has held above the inner trend-line (now 1.1717); measured channel height points to the next fib / horizontal cluster at 1.1869.
💡 Fundamental Analysis
● Softer US durable-goods orders and slowing housing data cooled 2-yr yields, while ECB speakers signalled no rush to ease again; the short-rate gap narrowed for a third session, underpinning EUR strength.
✨ Summary
Buy dips ≥1.1717; upside targets 1.1800 then 1.1869. Bull view void on a 4 h close below 1.1600.
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DeGRAM | EURUSD reached the supply area📊 Technical Analysis
● Price formed an intraday rising wedge right inside the 1.1615-1.1635 supply band; the wedge has broken lower and the last two candles closed back under the long-term trendline retest.
● Bearish follow-through is favoured while price stays below 1.1604; first magnet is the confluence of former breakout base and inner channel support at 1.1569, with 1.1547 (mid-June pivot) the next objective.
💡 Fundamental Analysis
● Fresh Euro-area PMIs dipped below consensus while U.S. consumer-confidence beat, widening the short-rate gap and reviving USD bids.
✨ Summary
Sell rallies ≤1.1600; targets 1.1569 → 1.1547. Bias invalid if 30-min candle closes above 1.1635.
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DeGRAM | EURUSD reached the resistance level📊 Technical Analysis
● Price has spiked into the confluence of the long-term channel roof (≈1.1615) and a steeper resistance line, printing a rejection candle and bearish divergence on the 1 h RSI.
● The move leaves a lower high versus 13 Jun and snaps the micro up-sloper; a slide back inside the grey 1.1560-1.1520 supply should accelerate toward the mid-June swing floor at 1.1490.
💡 Fundamental Analysis
● Hotter US S&P-global PMIs rekindled Fed “higher-for-longer” chatter, lifting two-year yields and the DXY, while French election uncertainty widens Bund-Treasury spreads—both pressuring EUR.
✨ Summary
Fade rallies 1.1580-1.1610; sustained trade beneath 1.1560 targets 1.1520 ➜ 1.1490. Bearish view void on an hourly close above 1.1630.
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DeGRAM | EURUSD growth in the channel📊 Technical Analysis
● The chart for EURUSD, as indicated in the upper right corner, displays a classic descending wedge pattern, which is typically a bullish reversal signal. Price action has respected the wedge’s lower boundary multiple times, forming a series of higher lows while sellers failed to push the pair below the 1.0670 support zone. The most recent candles show a decisive breakout above the wedge’s upper trendline, accompanied by increased volume, suggesting that buyers are regaining control. This breakout is further validated by the RSI indicator, which has moved out of oversold territory and is now trending upward, confirming the shift in momentum.
● The technical setup is reinforced by the presence of a horizontal resistance level at 1.0750, which has acted as a magnet for price in previous attempts. The chart also highlights a bullish engulfing pattern on the daily timeframe, signaling strong demand and a potential continuation toward the next resistance at 1.0820. The moving averages are beginning to converge, with the shorter-term MA crossing above the longer-term MA, a classic bullish crossover that often precedes sustained upward movement. These factors collectively point to a high-probability scenario for further gains in the EURUSD pair.
💡 Fundamental Analysis
● Recent fundamental developments support the bullish technical outlook. Over the past two days, the Federal Reserve has maintained its policy rate, but forward guidance has hinted at a possible rate cut later this year, which has weighed on the US dollar. Meanwhile, the European Central Bank has adopted a more cautious stance, with the probability of a near-term rate cut decreasing as inflation data remains sticky in the eurozone. Additionally, easing geopolitical tensions in the Middle East and stable US retail sales have reduced safe-haven demand for the dollar, further supporting the euro’s advance.
✨ Summary
● A confirmed breakout above the descending wedge and bullish momentum indicators suggest a long entry on EURUSD above 1.0750, targeting 1.0820. The bullish scenario remains valid as long as price holds above the 1.0670 support. A close below this level would invalidate the setup and call for a reassessment of the trend.
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DeGRAM | EURUSD reached the resistance level📊 Technical Analysis
● Bulls defended the rising-channel mid-line (≈1.1480), turning it into support and snapping the intraday falling wedge; hourly closes now print higher highs above the reclaimed 1.1520 pivot.
● A tight bull flag is forming against 1.1560; its 1.618 swing coincides with the upper rail / 1.1617 resistance, keeping the channel’s momentum bias pointed north.
💡 Fundamental Analysis
● Softer US housing starts and a slide in 2-yr yields pulled the DXY to two-week lows, while ECB’s Knot warned “premature cuts risk inflation flare-ups,” widening the short-rate gap in the euro’s favour.
✨ Summary
Long 1.1515-1.1530; flag break >1.1560 targets 1.1617, stretch 1.1670. Bias void on an H1 close below 1.1480.
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DeGRAM | EURUSD double bottom📊 Technical Analysis
● The price is currently testing the upper resistance of a descending wedge pattern after forming a clear double bottom formation. This double bottom occurred precisely at a confluence of support, where the long-term ascending support line intersects with the lower boundary of the wedge, indicating a strong potential for a bullish reversal from the 1.1450-1.1470 area.
● This recent bullish price action follows a prior "double top" pattern that initiated the corrective move downwards into the current wedge. A decisive breakout and hold above the wedge's resistance would invalidate the recent bearish pressure and confirm that buyers are taking control, with the first significant target being the horizontal resistance line near 1.1523.
💡 Fundamental Analysis
● Market attention is centered on the upcoming U.S. Federal Reserve policy meeting. While no rate change is expected, forward guidance is key. Current market sentiment, as noted by analysts at RoboForex and FreshForex, is pricing in the possibility of a Fed rate cut later this year, which could place downward pressure on the US Dollar.
● Conversely, the Euro is finding support from a comparatively hawkish European Central Bank (ECB). Recent reports indicate that the probability of an ECB rate cut has diminished, suggesting a policy divergence that favors EUR strength against the USD, underpinning the technical case for a move higher.
✨ Summary
Long entry on a confirmed 30-minute candle close above the descending wedge resistance (~1.1485); initial target 1.1523 → 1.1560. The bullish outlook is invalidated on a close below the double bottom support at 1.1450.
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DeGRAM | EURUSD rebound from the lower boundary of the channel📊 Technical Analysis
● A completed AB=CD (0.883 / 1.112) pattern at the channel floor (1.1488) produced a hammer, signalling exhaustion of bears at the measured PRZ.
● Price is now reclaiming the micro structure high 1.1526; that flips the inner range to support and opens the next intra-channel pivot 1.1560, with room to the upper wall near 1.1600.
💡 Fundamental Analysis
● EZ May trade balance swung back to a €4 bn surplus while weak US housing starts shaved another 4 bp off 2-yr yields, compressing the short-rate gap and underpinning EUR bids.
✨ Summary
Buy 1.1500-1.1530; break >1.1560 targets 1.1600, stretch 1.1650. Bull bias void on 30 min close below 1.1480.
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DeGRAM | EURUSD fixed above the lower boundary of the channel📊 Technical Analysis
● Euro keeps stair-stepping along the inner trend-line of the 2-month rising channel; each dip to the line (green arrows) is met with higher lows, confirming firm demand around 1.1485-1.1500.
● Friday’s break back above the former wedge cap turned 1.1550 into support; clearing the last swing high at 1.1605 would expose the channel median / fib cluster at 1.1650, with the upper rail near 1.1745 as an extension.
💡 Fundamental Analysis
● Softer US retail-sales and a slump in NY Fed manufacturing pulled Treasury 2-yr yields under 4.70 %, while ECB speakers warned that further cuts “are not a given,” narrowing the rate gap and reviving euro bids.
✨ Summary
Long 1.1520-1.1560; hold above 1.1550 targets 1.1650 ➜ 1.1745. Bias void on an H4 close below 1.1480.
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DeGRAM | EURUSD formed the double top📊 Technical Analysis
● A double-top printed at the channel roof (≈ 1.1600) and a bearish engulfing candle signal exhaustion; price is slipping back inside last week’s inner trend-median, turning 1.1550 into fresh resistance.
● Hourly RSI diverged lower and the grey return line from 1 June has broken; pattern depth points to 1.1500 support, with the channel mid-band / former triangle apex near 1.1470 as the next magnet.
💡 Fundamental Analysis
● Post-CPI profit-taking meets cautious ECB rhetoric: Lagarde reiterated “no preset easing path,” yet money-markets still price two Fed cuts by year-end, inviting near-term dollar reprieve.
✨ Summary
Short 1.1540-1.1560; break below 1.1520 targets 1.1500 → 1.1470. Bear view void on an H1 close above 1.1600.
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Important Week for EURUSDOn Friday, EURUSD reached a support level and bounced off it.
This week, the market is waiting for the Fed’s decision on interest rates.
The trend remains bullish for now, and the upcoming news will likely determine the next major move.
Today and tomorrow, we might see some sideways movement ahead of the key announcement.
Don't rush into new trades and avoid using large position sizes!