EURUSD 15m

EUR/USD – 15m Time Frame Analysis | April 20, 2025

On the 15-minute chart, we observe compression just below the Daily Order Block (D OB), along with a clean BOS and minor liquidity sweeps. This kind of structure often precedes significant moves and provides refined entry opportunities for intraday trades.

The market may induce early shorts or sweep minor lows before shifting structure bullishly. Look for:

• Short-term liquidity grab (e.g., sweep of a previous low)
• BOS on the 1m–5m for confirmation
• Entry with tight SL and RR targeting the break of the D OB

Scalping Plan:

• Bias: Bullish (with micro confirmation)
• Entry Zone: Below D OB (post-sweep / inducement)
• Trigger: BOS + fair value gap / breaker

EURUSD 4H

EUR/USD – 4H Time Frame Analysis | April 20, 2025

On the 4-hour chart, we have a clearly defined Zone of Interest (4H DZ) just below the daily order block (D OB).

After the recent upward move, a pullback is very likely before the price attempts a breakout above the daily bullish order block. This 4H DZ provides an ideal area for potential long entries, especially if lower timeframes offer confirmation (e.g., BOS, inducement, or rejection patterns).

Key Technicals:

• Bias: Bullish
• Zone: 4H Demand Zone below D OB
• Trigger: Pullback to 4H DZ with LTF confirmation
• Target: Break of D OB → Continuation toward MFH

Confluence with Daily structure enhances the reliability of this zone. Ideal setup for traders seeking tighter entries with solid risk-reward potential.

EURUSD Daily

EUR/USD – Daily Time Frame Analysis | April 20, 2025

Top-down analysis starting from the daily chart. The market continues to move within the premium trading range, bouncing between the supply zone (D_SZ) and the Daily FVG.

The rebalancing of the FVG successfully pushed price back up, placing the market within a favorable zone for long setups. Volume was absorbed at the first bullish order block, which was confirmed and followed by the formation of a second one.

This second order block, if broken to the upside, gives us a solid opportunity to enter long trades with increased confidence, targeting the Monthly Fractal High (MFH).

Key Technicals:

• Bias: Bullish
• Structure: Premium range + bullish OB
• Opportunity: Longs above second OB
• Target: MFH (Monthly Fractal High)

Stay tuned for the upcoming 4H and 15m breakdowns for tighter entries and confirmation zones.

Euro Surges Against the Dollar

Reuters: COMMENT-FX traders have the room to take dollar even higher

 

The U.S. dollar has room to make even bigger gains in the days and weeks ahead as the speculative long position is not big enough to limit further greenback gains.

Commodity Futures Trading Commission data showed that for the week ending Oct. 24, the value of net long positions held by speculators was trimmed slightly to $9.37 billion from $9.59 billion a week earlier. The position has fallen for three weeks in a row from the $10.10 billion peak, which was the biggest speculative long in just under a year. A smaller speculative long position means there is likely to be a reduction in offers and vulnerable sell stops in the market.

The USD index, which tracks the dollar versus a basket of six currencies, last Tuesday slipped under the 105.501 Fibo - a 23.6% retrace of the 99.549 to 107.34 (July to October) rise. However, a bear trap was set when it failed to register close below 105.501 at the end of Tuesday's trading. The scope grows for a bullish extension to test the 107.34 2023 peak eventually.

For more details look here.