EURUSD Bullish

Analysis Price: 1.1571 (Updated: 2 August 2025, 09:56 UTC)

Comprehensive analysis for EURUSD showing a predominantly bullish bias with 61% bullish consensus based on combined analytical factors. Market structure, technical patterns, and key levels examined across multiple timeframes.

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Signal Overview

Bullish Medium Confidence High Risk

Market Consensus:

61% Long

39% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a medium confidence bullish bias for EURUSD (signal strength: 23%). Supporting factors include: EUR is showing relative strength against USD (diff: 78%). Contradicting factors: Technical patterns identified: Descending Triangle (D1). Risk assessment for this trade is high. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

LONG SHORT

48% 52%

Historical Sentiment (7 Days)

Sentiment Interpretation

Neutral sentiment with a balanced distribution between long and short positions. This suggests indecision in the market, which could precede a significant move once a clear direction emerges.

Support & Resistance Analysis

Resistance Levels

R1: 1.1762 1.66% ↑

Analysis Price: 1.1571

Support Levels

S1: 1.1408 1.40% ↓

Market Regime:

Downtrend

Analyst Bias:

Unknown

Direction Probability:

60%

Price Position Analysis

Price is between support at 1.1408 (1.40% below analysis price) and resistance at 1.1762 (1.66% above), with slightly closer proximity to support. Watch for bounce confirmation at support or break below.

Chart Pattern Analysis

82%

Bullish Flag

Reliability:

82%

Detected: Aug 2, 05:28

75%

Bullish Engulfing

Reliability:

75%

Detected: Aug 1, 13:48

73%

Inverse Head and Shoulders

Reliability:

73%

Detected: Aug 1, 22:24

Pattern Analysis Interpretation

Predominantly bullish patterns detected across timeframes, suggesting upward momentum. The most reliable pattern is a bullish Bullish Flag on the H4 timeframe with 82% historical reliability. Multiple timeframes showing pattern confirmation increases the reliability of the signal.

High Probability Zones

Resistance Zone

95%

Zone Level:

1.1590

analysis price:

1.1571

Distance:

0.17%

Confluence Factors:

Double Top 50% Retracement Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

Resistance Zone

88%

Zone Level:

1.1695

analysis price:

1.1571

Distance:

1.08%

Confluence Factors:

Shooting Star 24% Retracement Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

Support Zone

70%

Zone Level:

1.1000

analysis price:

1.1571

Distance:

4.93%

Confluence Factors:

Hammer 161.8% Extension Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

Price is extremely close to a high probability (95%) resistance zone at 1.1590. This presents a potential selling opportunity with stop loss slightly above the zone. Multiple confluence factors strengthen this level's significance.

Multiple high probability zones exist for this pair, indicating a well-structured technical environment with clear levels for trading decisions.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

54.0

Volatility Regime:

High

Volatility Level:

92%

10-Day ATR Trend

Volatility Interpretation (H1)

EURUSD is experiencing high volatility (92 percentile) with an expected daily range of 54.0 pips. This above-average movement creates trading opportunities but requires careful risk management. Consider slightly wider stop losses and moderate position sizing.

Correlation Analysis

Top Correlations with EURUSD

EURNZD

0.80

USDJPY

-0.78

EURGBP

0.75

USDCAD

-0.74

EURCHF

0.68

Correlation Interpretation

Understanding how EURUSD correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

EURUSD shows strong positive correlation with: EURNZD, EURGBP. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

EURUSD shows strong negative correlation with: USDJPY, USDCAD. This means these pairs tend to move in opposite directions. Negatively correlated pairs can be useful for hedging strategies or to confirm signals (a buy signal in one pair would be supported by a sell signal in the negatively correlated pair).

Currency Strength Analysis

Select Timeframe:

EUR

0.81

Very-strong

USD

-0.84

Very-weak

Relative Strength:

1.65

Bullish Bias

Currency Strength Interpretation (M15)

EUR is significantly stronger than USD on the M15 timeframe, with a relative strength of 1.65. This suggests a strong bullish bias for EURUSD. With EUR showing absolute strength and USD showing absolute weakness, this is an ideal scenario for a long position.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on EURUSD to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.