USDEUR trade ideas
NFP Bears gathering their troops? or will the Bulls stampede...The past 9 days have been quite interesting for the EUR/USD which has been relentless. Price has been rising like a helium balloon let loose at the park...
Bulls have clearly been in control, not only the past 9 days but since the beginning of the year with the exception of the strong pullback in April & May only to bounce for another 700 pip run.
I am totally USD bearish across the board as I have been mentioning in my analysis videos for the past few months but like all macro moves, we always have pullbacks along the way and that is why I have been shorting the EUR/USD back from 1.1500+ - 1.1700+
I've given this a lot of room to breathe, more than usual but considering the following technical setup, I'm willing to give the Bears some leeway and potentially show me they'll come through.
•Rising Broadening pattern (Where two trendlines start close together only to divergence and expand) - This is a bearish pattern.
•Negative Divergence on the MACD, Linear Regression & the RSI.
•Price has made a run to the yearly R3 pivot level. (Rare extension)
•Last daily candle is a hanging man candlestick (Reversal candle)
•Weekly chart has the EUR/USD at the upper band of a polynomial regression channel which calculates for price extremities in the market.
There are a few more setups as well but it's too much to describe here and I'd have to show it in a video (Which I plan to do over the weekend)
With all of that said... It could all fail lol but seriously speaking... You just can't ask for a better probabilistic setup so whatever happens during NFP... happens.
Aside from the technical aspect... I know yearly R2 around 1.1600 was a hotspot for shorts because divergence was at the early stages and taking a short there wouldn't have been a bad idea but we know institutions are in play as well, so above 1.1600 could have been a huge area to run stop losses and margin calls before a potential reversal.
250 pips would be enough to run a large pool of stops and liquidation.
IF price is going to reverse here during NFP, I believe late longs and breakout/pullback traders are going to try and buy at the trendline at 1.1660ish but it wont hold and trap them on the other side of the trade.
Under that, I can see us pulling back towards 1.1200ish...
If the Bears give up and price continues to climb... the original macro target may very well be under way which was 1.2000 - 1.2200 (Based on a Monthly and 3-Month chart analysis)
As of this writing the EUR/USD is pretty much completely flat which is expected before the NFP fireworks ahead of July 4th.
We'll see what happens tomorrow morning! buckle up!
As always, Good luck and Trade Safe! See you post NFP.
EUR/USD: A High-Probability Short Setup at 1.1829At its core, this trade is driven by a powerful and growing divergence between the US and European economies. While technicals tell us where to trade, fundamentals tell us why we're trading.
1️⃣ The Interest Rate Gap: The U.S. currently offers significantly higher interest rates (4.25% - 4.50%) compared to the Eurozone (2.15%). This makes holding the US Dollar more attractive, creating natural downward pressure on the EUR/USD.
2️⃣ Central Bank Policy: The US Federal Reserve remains hawkish, focused on strength and fighting inflation. Meanwhile, the European Central Bank is dovish, signaling a willingness to keep conditions loose to support a weaker economy.
3️⃣ Labor Market Strength: The US enjoys a robust labor market with unemployment at just 4.1%, while the Eurozone's is significantly higher at 6.3%. This points to a stronger US economy.
In simple terms, the US economy is strong, and its central bank is acting like it. The Eurozone economy is weaker, and its central bank is acting accordingly. This fundamental imbalance is the fuel for a potential significant move down in EUR/USD.
The Technical Picture: The Wall at 1.1829
As you can see on the 4H chart, the price has run into a major wall of resistance at the 52-week high of 1.1829 . After a long uptrend, the momentum has stalled, and the price is now consolidating inside a symmetrical triangle . This coiling of price action often precedes a strong breakout.
Our strategy is not to guess the breakout, but to act on a high-probability retest of resistance. We are looking to enter a short position as the price pulls back towards the upper boundary of this triangle, anticipating a failure at resistance and a subsequent break to the downside.
The Actionable Trade Plan
This setup offers an excellent risk/reward profile.
📉 Asset: EUR/USD
👉 Entry (Limit Sell): 1.1780
⛔️ Stop Loss: 1.1850
🎯 Take Profit: 1.1600
📈 Risk/Reward Ratio: ~2.57:1
Trade safe and manage your risk.
EURUSD → Bullish daily structure. Correction before growthFX:EURUSD , after significant growth and a break of structure, has entered a local correction, the target of which may be a phase of accumulation of potential for updating intermediate highs (1.183).
The daily market model is bullish. A break of the structure has formed on D1, and the market is entering a correction phase, during which it may be interested in testing 0.5 or the 0.7 Fibonacci area before continuing its growth. I would also like to draw attention to the previously broken resistance level of 1.164 - 1.163, which, within the current correction, may act as a support level for buyers...
In addition, the market has not yet reached the liquidity level it was heading for during the correction for a possible continuation of growth. Zone of interest: 1.168, 1.164, 1.159
Resistance levels: 1.1728, 1.1766
Support levels: 1.168, 1.164, 1.159
A false breakdown of the specified support zone could change the market imbalance and attract buyer interest, which could generally support the bullish trend.
Best regards, R. Linda!
EURUSDPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Enjoy Trading ;)
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.
Thursday July 10th – EURUSDEURUSD didn’t give us any trade setups yesterday and is still respecting the short-term bearish trendline. Price has remained below 1.17500, acting as resistance, and hasn’t given confirmation for buys.
We’re still watching the same key zones:
✅ Safe buys: Above 1.17500 if we get a solid break and bullish close.
✅ HRHR buys: Retest of 1.16898 (Wednesday's low) showing rejection or support.
Until either of those levels are tapped, I’m not taking trades on this pair. Current structure still offers no low-risk opportunities. Let it come to us.
EUR/USD Price Action – Liquidity Grab & Demand Zones This 1-hour EUR/USD chart highlights key intraday price levels and potential trading zones. The chart identifies the Previous Day High (PDH), New York Session High (NY HIGH), and Previous Day Low (PDL). A notable Trap/Demand Zone just below the Asia High suggests a potential liquidity grab before a reversal or continuation move. Price is currently reacting within this zone, and traders may watch for confirmations of either a bullish continuation toward the PDH or a bearish rejection back to the PDL. The marked zones serve as potential trade entry/exit reference points for intraday strategies.
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.
EURUSD – 5-Wave Wedge Complete, Eyes on the Wall
Hello traders! 👋
Hope you're all having a strong and focused week in the markets. Let’s take a moment to walk through this beautifully structured 5-leg wedge formation on EURUSD.
📌 Pattern Breakdown
We’ve just seen a clean completion of a 1-2-3-4-5 descending wedge sequence — each leg clearly defined and well-behaved within structure:
🔹 Wave 1 to 5 forms a compression wedge
🔹 Wave 5 completes at the lower boundary
🔹 Price reacts aggressively from 1.1662 low
This bounce is now headed back into a key decision zone:
🔸 The WALL between 50%–61.8% fib retracements (1.1699–1.1707)
🔸 Lining up with prior structure + downward trendline pressure
🚧 What Now?
We’ve got:
A reaction off a completed wedge
Price heading into a confluence wall
Dynamic resistance (dashed trendline) overhead — watch the red arrows
A rejection from this zone could provide the next wave of momentum. On the flip side, a clean break through might lead to trendline breakout continuation.
🧠 Key Concepts
✅ 5-wave compression
✅ Completion + reversal reaction
✅ Fib & structural confluence
✅ Clear invalidation + decision-making level
🗝 Final Thoughts
This is what we call measured trading. Let price show you what it wants — structure gives the framework, and reaction gives the trigger. Stay disciplined and always let the pattern prove itself.
#TradeChartPatternsLikeThePros
EUR-USD Bullish Bias! Buy!
Hello,Traders!
EUR-USD is trading in an
Uptrend and the pair is
Making a local bearish correction
But we are bullish biased and
After the retest of the horizontal
Support of 1.1640
We will be expecting a further
Bullish move up
Buy!
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EURUSD Reaches Monthly Overbought RSI Last Seen in 2020Unlike the DXY, EURUSD has broken above the upper boundary of its 17-year descending channel. However, further upside may be capped as the DXY retests its 17-year support and monthly RSI retests 2020 overbought levels.
A clean break and hold above 1.1830 could open the path toward 1.20 and 1.24. On the downside, if the pair pulls back below 1.17, support levels at 1.14, 1.12, and 1.10 may come into play — aligning with the former channel resistance, now acting as support.
- Razan Hilal, CMT
EURUSD CONSOLIDATION BEFORE A BULLISH CONTINUATION?I've been bearish on TVC:DXY for the past months. Not only technically but also fundamentally. If you know DOLLAR AND CMCMARKETS:EURUSD have a negative correlation. In this case a bearish dollar means a bullish EU. Currently looking for more price action to confirm potential buy trades. If dollar decides to retrace more we will adapt and change the biais
WHAT DO YOU THINK?