EURUSD

EUR/USD continues to respect its bearish momentum, maintaining a clear structure of lower highs and lower lows. Price is currently pushing below recent support near 1.1282, which had previously held as a temporary consolidation base. The sustained rejection from that zone suggests sellers remain firmly in control.
A retest of the broken support now acting as resistance near 1.1295–1.1300 could provide a short-term relief bounce before continuation lower. Momentum remains tilted to the downside, with price trading well below the 200-period moving average and consistent bearish candle closes showing little sign of reversal.
Short-Term Target Zones:

 

1. Sell Entry :
   1.1290–1.1300 (Ideal pullback entry zone — former support turned resistance)
2. Take Profit Levels:
   1. TP1: 1.1240 — First support level where price may hesitate
   2. TP2: 1.1200 — Major psychological level and prior demand zone
   3. TP3 (Optional): 1.1175 — Deep support from previous March/April structure

Momentum bullish is still very strong. Pull back to 1.12, can offer buy positions.

swing point

The EURUSD price action on the daily time frame went sideways on Friday as it retested the 1.12957 horizontal support area. Nevertheless, we cannot rule out a bullish pullback before further southward drive.

I may be wrong. Trade safe and prosper.

KP

https://www.forexfactory.com/attachm...2?d=1746148413

My daily flip lvl 1.1368

FOMC Press Conference May 7, 2025

My daily flip lvl 1.1299 also we have last week close lvl at 1.13004

Below the previous week low 1.1266 bears have the upper hand and below today's opening level 1.1228

hello
i predict the eurusd is going down on the weekly.

U.S. Announces China Trade Deal in Geneva – The White House

Are the Chinese going to come out and say it's fake?

The EURUSD price action on the daily time frame turned sideways on Friday after a bearish drive to the 1.12480 horizontal support area on Thursday. The price action printed a doji-like candlestick on Friday. Nevertheless, we can expect further bearish drive during this week.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

They did not. So it is not fake. We will see tomorrow. I am optimistic, about market always. There are corrections to down side, there are geopolitical events, like covid19 and wars, but eventually it settles down and you have bullish market. If ever, now is the time to start buying stocks with small positions and add.

We should expect a move down from here if 1.1275 - 1.1300 hold any bounces after the price moved below at the opening.

Daily with monthly pivots and 50, 100 & 200 sma's.

Somebody bought a big bag of american dollars on the Moscow market.

And doesn't want to sell it. But time to sell it is coming soon.

50 daily ma reached! Now watching around here.