DeGRAM | EURUSD in the demand zone📊 Technical Analysis
● EUR/USD is trading within a bearish channel after rejecting the supply zone near 1.1700, with an ascending wedge breakdown confirming downside bias.
● Price is now testing the 1.1590 demand zone, but sustained closes below would open the path toward 1.1530 and possibly 1.1460, aligning with lower supply levels.
💡 Fundamental Analysis
● Dollar strength is returning as markets price reduced odds of aggressive Fed cuts, while weak eurozone PMI data this week reinforced concerns about slowing growth.
✨ Summary
Short below 1.1590; breakdown confirms targets at 1.1530 → 1.1460. Invalidation above 1.1640.
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Eurusdanalysis
DeGRAM | EURUSD is holding strong support📊 Technical Analysis
● EUR/USD is holding a strong base at 1.1630–1.1640, confirmed by repeated rebounds, signaling firm demand at this support.
● A break above the 1.1684–1.1690 resistance range would confirm bullish momentum, opening the way toward 1.1700–1.1720 near the descending trendline.
💡 Fundamental Analysis
● Fed minutes reinforced expectations of a September rate cut, weakening USD, while the ECB’s steadier stance favors euro strength, adding support to bullish setups.
✨ Summary
● Long above 1.1630–1.1640; breakout above 1.1684–1.1690 targets 1.1700–1.1720. Invalidation below 1.1630.
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DeGRAM | EURUSD will rebound from the support area📊 Technical Analysis
● EUR/USD has formed a double bottom around 1.1620, anchored within a rising support zone. This base aligns with a prior breakout level and uptrend support, strengthening the floor.
● A breakout above the sloping mid-channel resistance near 1.1650–1.1660, if sustained, paves the way toward 1.1676 and potentially 1.1693, targeting the converging descending trendline.
💡 Fundamental Analysis
● Investor expectations for a Fed rate cut in September have grown following softer US inflation data, undermining the dollar and supporting EUR/USD.
● Meanwhile, markets now anticipate “higher-for-longer” ECB rates, driven by resilient eurozone fiscal outlook and fading deflation fears—boosting euro appeal.
✨ Summary
Long above 1.1620–1.1630; breakout above 1.1650–1.1660 targets 1.1676 → 1.1693 (and trendline resistance). Invalidation on a close below 1.1620.
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Market Analysis: EUR/USD Dips AgainMarket Analysis: EUR/USD Dips Again
EUR/USD declined from 1.1720 and traded below 1.1650.
Important Takeaways for EUR/USD Analysis Today
- The Euro started a fresh decline after a decent move above 1.1680.
- There was a break below a key bullish trend line with support at 1.1650 on the hourly chart of EUR/USD.
EUR/USD Technical Analysis
On the hourly chart of EUR/USD, the pair rallied above the 1.1680 resistance zone before the bears appeared, as discussed in the previous analysis. The Euro started a fresh decline and traded below 1.1660 against the US Dollar.
There was a break below a key bullish trend line with support at 1.1650, and a low was formed near 1.1622. After that, the pair started a consolidation phase.
There was a minor recovery wave above 1.1630. EUR/USD is now trading below 1.1650 and the 50-hour simple moving average. On the upside, the pair is now facing hurdles near the 23.6% Fib retracement level of the downward move from the 1.1692 swing high to the 1.1622 low at 1.1640.
The next key resistance is 1.1655 and the 50% Fib retracement. The main barrier for the bulls could be 1.1665. A clear move above 1.1665 could send the pair toward 1.1690. An upside break above 1.1690 could set the pace for another increase. In the stated case, the pair might rise toward the 1.1720 zone.
If not, the pair might resume its decline. The first major support on the EUR/USD chart is near 1.1620. The next important region for buyers sits at 1.1600. If there is a downside break below 1.1600, the pair could drop toward 1.1550. Any more losses might send the pair toward 1.1500.
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.
EURUSD CorrectionEURUSD climbed to 1,1715, but at the current levels, the risk-to-reward ratio is not favorable for new long positions.
A pullback is possible before the trend resumes.
Key support levels remain at 1,1601 and 1,1520.
The Jackson Hole event could trigger higher volatility.
Don’t rush into buying – wait for market confirmation first.
EURUSD Bears Ready to Take ControlEURUSD( FX:EURUSD ) is currently trading in a Heavy resistance zone($1.1815-$1.1602) and near the Resistance lines and Potential Reversal Zone(PRZ) .
In terms of Elliott Wave theory , it seems that EURUSD has completed a corrective wave. The corrective wave has a Zigzag Correction(ABC/5-3-5) structure .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect EURUSD to decline at least to the Support zone($1.1642-$1.1578) .
Second Target: Monthly Pivot Point = $1.15491
Note: Stop Loss(SL)= $1.1803
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Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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EUR/USD Momentum Builds After Pennant BreakAfter reversing to retest the broken double top neckline and consolidating early last week, the probabilities shifted in favour of an upside continuation.
Following this consolidation under resistance, EUR/USD broke back above, hitting a local high at 1.17 on Tuesday. A pullback followed, forming a clean pennant pattern on the lower timeframes.
The Asian open today brought a decisive breakout above that pennant’s resistance, putting the bias once again to the upside.
Upside target : 1.18 zone
Invalidation: Only if price drops back below 1.16
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EURUSD | Eyes on the 50EMA — One Bold Candle and I’m All InThe 1-hour chart has carved a beautiful bullish range from 1.1565 to 1.1696. A little 15-minute pullback tried to test our love, but I’ve got all the signs — the retracement is over, and the ride is calling again.
WHAT TO DO
Just one confident Marubozu closing above the 50EMA, and I’m jumping in — no hesitation, no second thoughts. Let’s ride this story back to the top.
TP1: 1.1696 (where the heart first skipped)
TP2: 1.1716 (where dreams begin)
SL: If that candle speaks loud and clear, my stop loss will be just below it — because love deserves a little risk, but never recklessness.
WHAT IF IT WONT CROSS?
This is day trading setup. While watching 15m candle to bear below 50EMA also I glance 1hr chart. This setup will be valid as long as 1hr chart is still in bearing range.
Wish me luck — this might just be the ride of the day! 💞📈
EUR/USD Rises 2.3% Since the Beginning of AugustEUR/USD Rises 2.3% Since the Beginning of August
As the EUR/USD chart shows today, the euro has strengthened against the US dollar, climbing above the 1.1670 level, compared to the 1.1400 area at the beginning of the month.
Why Is EUR/USD Rising?
According to Reuters, the US dollar's weakness is being driven by:
→ Expectations of a Federal Reserve rate cut, which intensified following last week's disappointing US labour market data.
→ Anticipation of the upcoming US inflation report, scheduled for release on 12 August at 15:30 GMT+3.
On the other hand, the euro is being supported by growing optimism around a possible resolution of the military conflict in Ukraine, as well as the potential meeting between Donald Trump and Vladimir Putin.
Technical Analysis of the EUR/USD Chart
On 30 July, we noted that after hitting its July low, EUR/USD could stage a recovery — which indeed materialised. But does the chart now look bullish?
A definitive bullish outlook is hindered by the sequence of lower highs and lower lows (A-B-C-D), which continues to form a bearish market structure.
At the same time, the descending channel on the EUR/USD chart has become more pronounced. After a brief period of consolidation near the channel’s median line (marked with a circle), the price moved up towards the upper boundary of the channel. It is worth noting that a sharp decline occurred recently from these same levels (highlighted with an arrow), breaking through the blue support line.
Given these factors, it is reasonable to assume that bearish activity may intensify around current levels, potentially slowing further EUR/USD growth.
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.
EURUSD possible bearish for 1.1200#eurusd forming lower high and lower low in daily time frame. Price broke 1.1557 & 1.1447 support level. 1.1738-1788 daily supply zone for sell. there are many different support levels before 1.1200 level i.e. 1.1550, 1.1420, 1.1255 & 1.1200. 1.1430-20 is secure level to book profit in sell trade.
DeGRAM | EURUSD returned to the channel📊 Technical Analysis
● EURUSD broke above the descending channel resistance and reclaimed the 1.1567 level, signaling a potential reversal after defending 1.1446 support.
● The price is forming a bullish sequence of higher lows, and a breakout above 1.1592 could open the path toward the 1.1765 resistance zone.
💡 Fundamental Analysis
● A weaker-than-expected US ISM Services report triggered USD selling, while hawkish ECB remarks from Nagel supported euro recovery.
● Markets are pricing in fewer Fed hikes as job data cools, reducing dollar appeal and favoring EUR upside.
✨ Summary
Long bias above 1.1446. Breakout targets 1.1592 ➜ 1.1765. Setup valid while structure holds above prior resistance-turned-support.
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EURUSD Showing Reversal Signs After 7-Month Bullish TrendHello everybody!
After holding bullish momentum for a long time (7 months), EURUSD is starting to show signs of reversal:
1. It has been rejected from a strong resistance area.
2. It broke a support area, which is now expected to act as resistance.
3. It broke a solid upward trendline with a strong downward move.
If this area holds and price doesn't go above 1.18000, we can look to sell from here.
In that case, the most likely target will be around 1.12000.
Manage your risk and trade safe!
Buying opportunities on EURUSDEURUSD is currently in an uptrend.
Following Friday’s news, we saw a bounce and a higher low.
The target is a retest and breakout above the previous highs around 1,1800.
The exact entry point can be identified on the lower timeframes after a reaction.
This idea becomes invalid if the price drops below 1.1388!
EUR/USD Breaks Daily Lows as Consolidation DeepensFenzoFx—EUR/USD consolidates after the impulsive bullish momentum. The uptrend initiated after the price swept below the monthly lows at $1.1400. In the current trading session, the price dipped below the previous day's low, meaning the consolidation period will likely extend to a lower support level.
The immediate resistance is at the previous day's high, the $1.159 resistance. From a technical perspective, we expect the currency pair to trade lower, near the support at $1.146, the bullish break of structure.
This level can provide a discounted price to join the dominant trend, which is bullish. We expect the Euro to rise toward $1.169 after the end of the consolidation period.
EURUSD SELLEUR/USD appears offered around 1.1550
After failing to break above the 1.1600 barrier, EUR/USD is currently under renewed selling pressure and is testing the mid-1.1500s again on Monday. The US Dollar, on the other hand, rises slightly across the board as investors absorb Friday's big drop after the US employment data and turn their focus to trade.
The daily chart for the EUR/USD pair shows the pair met buyers just ahead of a bullish 100 Simple Moving Average (SMA) currently at around 1.1370. A flat 20 SMA, in the meantime, provides resistance at around 1.1640, the level to overcome to turn bullish. Finally, technical indicators corrected oversold conditions, but lost their upward strength just below their midlines, suggesting buyers are still on the sidelines.
In the 4-hour chart, the EUR/USD pair is range-bound, although there are no signs of a potential slide. The 20 SMA lost its bearish strength and turned flat in the 1.1480 area, while technical indicators remain directionless well above their midlines. The pair flirted with the 1.1600 level during Asian trading hours, with gains beyond the level turning the risk towards the upside in the near term.
SUPPORT 1.15387
SUPPORT 1.14950
SUPPORT 1.14520
RESISTANCE 1.16032
RESISTANCE 1.15832
EURUSD: Eu Looking to Make Gains Vs Weakened USDWelcome back to the Weekly Forex Forecast for the week of Aug 4 - 8th.
In this video, we will analyze the following FX market:
EURUSD
The USD pushed higher on keeping it's interest rate unchanged, but gave back those gains on weak job numbers. This allowed the EU to recover some of the previous weeks losses and show some resiliency.
Now analyst are betting there is a 66% chance for rate cuts in Sept by the Fed. This is negative for the USD, allowing the EURO to move higher.
It is worth mentioning, the EU inked a highly criticized tariff deal with the US, which was not at all positive for the currency.
The market is at a pivotal area that could go either way. Wait for a definitive break of structure before committing to a bias.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
EUR/USD Elliott Wave Count Signals Downside TargetsThe EUR/USD chart is displaying a completed 5-wave Elliott impulse structure, suggesting the potential start of a larger corrective move to the downside. Wave 5 appears to have finished after a classic ending diagonal pattern, with price now breaking below the wave 4 support trendline — a strong confirmation of trend exhaustion.
Currently, price is retracing upward towards the 0.5–0.618 Fibonacci retracement zone of the last impulsive leg, around 1.15912–1.16383, which may serve as the final rejection zone for bears to re-enter. This area aligns perfectly with prior support-turned-resistance and is considered the potential reversal pocket.
If price holds below the 1.17869 invalidation level, the structure supports the beginning of an ABC correction or a larger bearish impulse.
Target 1 (T1): 1.14800
Target 2 (T2): 1.13915
Stop Loss (SL): 1.17869
This scenario remains valid as long as the price does not break above 1.17869. A clean break and close above this level would invalidate the bearish setup and suggest a possible wave extension.
EUR/USD Setup Is Ready This is a bullish EUR/USD (Euro/US Dollar) 1-hour chart analysis. The setup indicates a potential upward reversal after a downtrend, supported by a series of higher lows.
Key elements:
Entry Point: Around 1.14044–1.14376.
Stop Loss: Placed below the recent low at 1.12770 to manage risk.
Targets:
First Target: 1.15034
Second Target: 1.15892
Third Target: 1.17238
The chart suggests a buy setup with a risk-reward strategy, aiming for a breakout and continuation towards higher resistance levels. The large upward arrow emphasizes bullish momentum expectations.
DeGRAM | EURUSD dropped below the support level📊 Technical Analysis
● EURUSD confirmed a double rejection below long-term resistance with two lower highs and broke channel support at 1.1567.
● Price is now trending within a descending channel toward 1.1363, with lower targets pointing into the 1.12–1.11 demand zone.
💡 Fundamental Analysis
● US Q2 GDP surprised to the upside, reinforcing the Fed’s hawkish tone, while Eurozone CPI inflation cooled below forecast.
● Diverging central bank trajectories continue to widen yield differentials in favor of the dollar, sustaining bearish euro flows.
✨ Summary
Short bias confirmed below 1.1567. Break of 1.1450 opens path to 1.1363 ➜ 1.1200 zone. Watch for rallies to fade below trendline.
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Closed Longs, Now Selling Rallies on EURUSD ReversalAs mentioned in my previous posts, I’m been bullish on EURUSD in the medium term, targeting 1.20 and even beyond.
But no pair—especially not EURUSD, which tends to move more steadily and rationally—goes up in a straight line.
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🔹 Last week, the pair stalled just below 1.18, and I decided to close my long trade with a +150 pip gain. That proved to be a wise call, as price dropped hard shortly after.
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📉 What’s happening now?
• EURUSD has broken below the rising trendline
• More importantly, it’s broken below the neckline of a double top pattern
• Now trading around 1.1535
This opens the door for a deeper correction, and I expect we could see a test of the 1.1150–1.1100 zone by the end of summer.
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📌 Trading Plan:
• I’m now in sell-the-rally mode
• Ideal short entry: around 1.1650, where we also get a favorable 1:3+ risk-reward
• Watch also for interim support around 1.1400
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Conclusion:
The bigger picture remains bullish— but this correction looks healthy and isn’t done yet.
Selling rallies makes more sense now, until the structure tells us otherwise.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EURUSD 4H AnalysisAfter a strong bearish move, EURUSD has now tapped into the PD Low and shown a reaction. Structure remains bearish, but current price action near 1.1400 could lead to short-term retracement.
🔍 Key Levels:
PD High – 1.1560: Strong supply zone, key bearish continuation level
1.1500–1.1450: Broken support, may now act as resistance
PD Low – 1.1400: Demand zone, current price reacting from here
📌 Potential Scenarios:
Short-Term Bounce from PD Low:
Price reacting from 1.1400 demand.
Intraday retracement toward 1.1470–1.1500 possible.
Watch for bullish price action confirmation on lower timeframes.
Bearish Continuation if price retests 1.1500–1.1550:
Ideal area to look for fresh shorts.
Continuation move could target 1.1350 or lower.
🎯 Bias: Still bearish unless we break and hold above 1.1560 (PD High).
Patience is key. Let price test zone and wait for clear reaction before committing.