📊 EUR/USD Chart Analysis (H4 Timeframe) – August 6, 2025
🔍 Market Structure Overview:
Current Price: 1.16086
Trend Context: After a sharp drop toward the 1.14000 support zone, EUR/USD is showing signs of a bullish reversal.
Supertrend Indicator: The Supertrend has flipped bullish, supporting upward momentum.
🧱 Key Levels:
Support Zone: 1.13500 – 1.14200
This level acted as a strong demand area where price reversed sharply.
Resistance Zone: 1.17800 – 1.18500
A major supply zone where price was previously rejected multiple times.
Fair Value Gap (FVG): Between 1.15500 – 1.16500
This imbalance has now been filled, indicating institutional interest and possible price continuation.
📈 Technical Outlook:
Price Action:
The price formed a strong bullish reversal after a sweep of support, indicating possible liquidity grab or accumulation.
Market Objective:
Price is likely targeting the resistance zone near 1.18000, aligned with the arrow shown on the chart.
Supertrend Confirmation:
The flip from red to green further confirms the potential continuation of the bullish leg.
📚 Educational Note:
This is a classic example of price forming a bullish market structure shift after hitting higher timeframe support and then reclaiming the FVG zone. Price breaking and holding above 1.16500 may confirm continuation toward the resistance zone.
✅ Conclusion:
Bias: Bullish
Entry Idea (Educational Purpose):
After confirming a higher low above 1.15500 and strong bullish candle close, entries can be considered toward 1.18000.
Invalidation: A break below 1.14500 would invalidate the bullish setup.
🔍 Market Structure Overview:
Current Price: 1.16086
Trend Context: After a sharp drop toward the 1.14000 support zone, EUR/USD is showing signs of a bullish reversal.
Supertrend Indicator: The Supertrend has flipped bullish, supporting upward momentum.
🧱 Key Levels:
Support Zone: 1.13500 – 1.14200
This level acted as a strong demand area where price reversed sharply.
Resistance Zone: 1.17800 – 1.18500
A major supply zone where price was previously rejected multiple times.
Fair Value Gap (FVG): Between 1.15500 – 1.16500
This imbalance has now been filled, indicating institutional interest and possible price continuation.
📈 Technical Outlook:
Price Action:
The price formed a strong bullish reversal after a sweep of support, indicating possible liquidity grab or accumulation.
Market Objective:
Price is likely targeting the resistance zone near 1.18000, aligned with the arrow shown on the chart.
Supertrend Confirmation:
The flip from red to green further confirms the potential continuation of the bullish leg.
📚 Educational Note:
This is a classic example of price forming a bullish market structure shift after hitting higher timeframe support and then reclaiming the FVG zone. Price breaking and holding above 1.16500 may confirm continuation toward the resistance zone.
✅ Conclusion:
Bias: Bullish
Entry Idea (Educational Purpose):
After confirming a higher low above 1.15500 and strong bullish candle close, entries can be considered toward 1.18000.
Invalidation: A break below 1.14500 would invalidate the bullish setup.
Market Analyst | XAU/USD Focused
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market Analyst | XAU/USD Focused
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.