US Jobless Claims: Why They Matter for EURUSD 🇺🇸FOREXCOM:EURUSD
📈 US Jobless Claims: Why They Matter for EURUSD 🇺🇸💼
While Trump’s tariff policies ⚔️ remain in focus, it’s important not to overlook today’s economic calendar 🗓️, with Initial Jobless Claims taking the spotlight.
🧐 What are Jobless Claims?
Initial Jobless Claims 📑 measure the number of people filing for state unemployment insurance for the first time. Released weekly by the US Department of Labor 🏛️, it’s a key indicator of the health of the US labor market 💪.
Why does it matter?
A strong labor market typically supports the US dollar 💵, as it reduces the likelihood of immediate Fed rate cuts 🕰️, while higher claims suggest a weakening economy, which could pressure the dollar lower.
📊 Latest Figures:
🔹 Previous: 233K
🔹 Forecast: 235K
Last week, claims fell from 237K to 233K, highlighting continued labor market resilience. If today’s data beats expectations (lower claims), the USD may strengthen 🛡️, potentially pushing EURUSD below 1.1700. Conversely, higher claims could weaken the USD ⚠️, lifting EURUSD above 1.1800.
💡 Trade Idea:
BUY EURUSD at 1.17300
❌ Stop Loss: 1.17600
✅ Take Profit: 1.16500
While the US labor market remains strong, technical factors and broader fundamentals can confirm a strong EURUSD reversal, keeping bearish opportunities in play.
🚀 Stay tuned for live reactions after the data drops!
💬 Support this post if you find it useful! 🔔
EURUSD trade ideas
EURUSD Eyes Key Levels Ahead of DataFOREXCOM:EURUSD
EURUSD is trading within the 1.1680 – 1.1810 range 📊, continuing its upward momentum during the Asian and early European sessions 🌏⬆️.
⚡️ Markets are now focusing on potential trade negotiations with India and the EU 🤝, which could shape near-term currency moves and risk sentiment 🌐.
📈 Today at 12:30 p.m. UTC 🕧, the U.S. Jobless Claims report 📑 may trigger volatility across all USD pairs ⚠️. Stronger-than-expected data could delay Fed rate cuts 🕰️🔻 and push EURUSD below 1.1700 🩻, while weaker figures may weigh on the U.S. dollar 💵⬇️ and lift EURUSD above 1.1800 🚀.
👀 We will monitor these levels closely for potential breakout opportunities. Stay tuned for live updates!
EURUSD Could leading Bullish correctionEURUSD has shown significant bullish momentum after breaking its previous structure. The pair is now undergoing a local corrective phase, which is healthy within an overall upward trend.
Currently, the price remains in a bullish model, suggesting that the correction may be short-lived before a continuation toward the key resistance zone.
Resistance zone 1.17620 / 1.18220
Support Level 1.16800 1.17450
A false breakdown below the identified support level could trigger renewed buying interest, shifting market sentiment in favour of bulls and potentially accelerating the next upward leg.
Ps Support with like and comments for more better analysis Thanks.
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!
XABCDHey traders, hope you’re having a solid week! 🚀
Spotted a classic XABCD Bearish setup on the EUR/USD 2-Hour—price is trading below the PCZ and just formed a corrective double-top at 1.17298, setting us up for a potential continuation lower.
🧠 What’s Going On?
X→A (Down): 1.18306 → 1.17472
A→B (Up): 1.17472 → 1.18103
B→C (Down): 1.18103 → 1.16870
C→D (Up): 1.16870 → 1.17653 (PCZ at 1.17436–1.17590)
After tagging the PCZ, price rolled back—then painted a double-top at 1.17298 and dropped below the 23.6% level (1.17436).
✅ Why We’re Shorting
XABCD Structure: Clear bearish AB=CD projection into the PCZ
PCZ Rejection: Failed retest of 78.6%–100% of C→D
Corrective Double Top: High-probability reversal signal at 1.17298
⚔️ Trade Plan
Entry: Short on a close below 1.17298 (double-top neckline)
Stop-Loss: Just above the PCZ at 1.17600
Size: Risk 1–2% of your account
🎯 Profit Targets
T1: 78.6% retrace of C→D → 1.16684
T2: 100% extension of C→D → 1.16420
🔍 Confirmation & Invalidate
Confirm: Watch for a bearish engulfing or strong close under 1.17298
Invalidate: A reclaim of 1.17653 (PCZ top) kills the setup
Keep It Simple: XABCD → PCZ reject → Double-top break → Ride.
Let price guide you and respect that stop above the PCZ. Trade safe and stack those pips! ✌️
EUR_USD LOCAL REBOUND|LONG|
✅EUR_USD has retested a key support level of 1.1690
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 1.1744 is likely
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD On The Rise! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.1709 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1729
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
Confirming EURUSD corrective downtrend✏️EURUSD is trading in a downtrend channel. SELL signal is triggered at the current price around 1.172 as the H4 candle failed to break 1.176 and confirmed the Sellers' entry into the market clearly. Target for the downtrend is at 1.145, the Sellers' strength needs to overcome the Break out zone of 1.163 first.
📈 Key level
Support 1.163-1.146
Resistance 1.176
SELL DCA Trigger: Break 1.163
BUY Trigger: The price trades about 1.163.
EUR/USD 4-Hour Chart Analysis4-hour candlestick chart for the Euro/U.S. Dollar (EUR/USD) currency pair on the OANDA platform. The chart shows a recent upward trend followed by a consolidation phase, with key technical levels and trading signals indicated. The presence of "SELL" and "BUY" signals suggests active trading opportunities. The downward arrow within the shaded area hints at a potential bearish move. This chart is likely used by traders to analyze short-term price movements and make informed decisions.
EUR/USD Bears Maintain Control as ECB Caution Weigh on EuroTechnical Analysis
The EUR/USD 4-hour chart reflects ongoing bearish pressure after failing to sustain above the 1.17647 resistance zone, indicating sellers are currently dominating the market. The pair trades below the 20-period EMA (blue line), which is beginning to slope downwards, confirming short-term bearish momentum.
Price action remains beneath the middle Bollinger Band, emphasizing seller control over the near-term price direction. Recent candlesticks show multiple rejections from the 1.17164 level (61.8% Fibonacci retracement), indicating strong resistance and failed attempts to push higher. The overall momentum suggests a potential continuation of the downward move unless bullish momentum returns decisively.
Failure to hold the support near 1.16865 would expose the pair to deeper declines targeting the Fibonacci extension zones between 1.16650 and 1.16380 and possibly lower.
Alternative Scenario:
Conversely, a break and sustained close above 1.17164 (61.8% retracement) could trigger a short-term rebound, potentially challenging the 1.17647 resistance level.
Fundamental Outlook
ECB officials' speeches today will reinforce the cautious policy stance, maintaining rates steady amid external uncertainties.
US crude oil inventory reports and the Atlanta Fed GDPNow forecast will be key in assessing inflationary pressures and economic growth.
The FOMC meeting minutes release will be critical for signaling the Fed's future monetary policy intentions, which remain a key driver for the dollar’s strength.
EURUSD and GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD TRADES BEARISH
Last week, due to a fail of holding above the 1.18000 level, we saw a huge 1-hour decline of 0.39% on big selling volumes, which is not typical for such instruments as EURUSD. Since that time, the price has been moving within a descending channel and has formed a possible pennant yesterday. All of the factors "vote" for going bearish in this asset.
So, what will be the possible scenario? We may go market sell right immediately, or wait till the breakout of the pennant pattern. In this case we may set
🔽 a sell stop order at 1.17400 with
❌a stop loss at 1.17670 and
🤑a take profit at 1.16915
Additionally, EURUSD may go even further downstairs, next to a 1.16000 support level. For this case we may preserve some minor part of our position with a take profit set nearby this level.
Uptrend in EURUSDYesterday, EURUSD once again tested the support level at 1,1683 and bounced off it.
We might see another retest of this support zone, but the overall trend remains unchanged.
Watch for signs that the correction is ending — this could present a buying opportunity.
The next resistance levels are at 1,1813 and 1,1916!
EURUSDH4 I Bullish Bounce Off Based on the H4 chart analysis, the price is falling toward our buy entry level at 1.1631 a pullback support that aligns closely with the 50% Fib retracement.
Our take profit is set at 1.1736, a pullback resistance.
The stop loss is placed at 1.1543, a pullback support.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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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.
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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.
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Losses can exceed deposits.
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Negative Risk/Reward: Hidden Edge or Hidden Danger?It’s a topic that sparks plenty of debate.
👉 Can a negative risk/reward ratio actually be part of a winning strategy?
Here’s our take, split between intraday trading and swing trading:
📉 Intraday Trading
☑️ Pros:
• Can work in high‑probability setups (mean‑reversion, range scalps)
• Quick targets often get hit before stops
• Stops can sit beyond liquidity grabs to protect the trade
⚠️ Cons:
• Needs a consistently high win rate
• Prone to slippage and fast spikes
• Can lead to over‑trading if discipline slips
If used, risk must always be pre‑defined — not adjusted mid‑trade.
⏳ Swing Trading
☑️ Pros:
• Occasionally helps avoid being stopped on deeper pullbacks
• Gives breathing room in trending markets
⚠️ Cons:
• Smaller targets vs bigger stops rarely pay off over time
• Lower win rate on higher timeframes makes it hard to sustain
• Exposed to news gaps & weekend risk
Overall, swing trading works best with positive R/R setups (e.g., 2:1 or higher).
☑️ Summary:
Negative R/R can work — but only if:
• The setup is statistically proven & high probability
• You keep risk strictly pre‑defined
• It fits the pair, timeframe & volatility
Most traders are better off sticking to positive R/R — but for experienced scalpers, negative R/R can be a tool rather than a trap.
💭 Do you use negative risk/reward in your strategy?
Only intraday, or do you apply it to swing trades too?
Drop your thoughts below —we're curious to hear how others approach it! 👇
Thanks again for the likes, boosts, and follows — really appreciate the support!
Trade safe and all the best for the week ahead!
BluetonaFX