EUR/USD today earns our A+ (3/3) conviction for the remainder of the week, with fundamentals, technicals, and sentiment all aligned. We favor a long bias, looking to buy pullbacks into 1.1580–1.1600 and add on momentum through 1.1640, with invalidation at 1.1525. The macro backdrop, softening USD on easier Fed expectations against a steadier ECB stance, pairs cleanly with a constructive technical base around 1.16 (higher lows and improving momentum). Positioning and flow also support topside extension, with liquidity pockets above recent highs offering favorable reward-to-risk toward 1.1700 and 1.1760. EURUSD Trade Setup Analysis: Pair / Asset Bias & Entries Stop / Invalidation Targets Why A+ (fundamentals, technicals, sentiment/positioning) Near-term catalysts (UK time) EUR/USD (1.1617) LONG – Buy on pullbacks 1.1580 – 1.1600; add on break/close above >1.1640. 1.1525 (below recent base). T1 – 1.1700 T2 – 1.1760 Fundamentals: USD on the back foot; ECB signaling steady-hand/“robust enough” stance (no hawkish headwind to Euro). Technicals: Holding above 1.16 handle with higher lows this week; momentum turn up. Sentiment: Dollar shorts have rebuilt since spring and the latest tone favours further USD softness; stops likely sub-1.1560 from prior swing. Live quotes show EUR bid this morning. (Reuters) Thu 16 Oct: 13:30 US Retail Sales; Thu–Fri: ECB presence at IMF/World Bank meetings (headline risk). (Investing.com) Chart by TradingView – EURUSD Trade Setup Analysis – 15th Oct Conclusion – How We’ll Execute & What to Watch The EUR/USD setup’s edge comes from the rare alignment of drivers: 1. A moderating USD, resilient Euro tone, 2. A well-defined 1.16 floor, and supportive sentiment/positioning. We’ll stay tactically patient on dips, scale on confirmation through 1.1640, and respect the 1.1525 invalidation to keep the skew firmly in our favour. Near-term catalysts to monitor include upcoming U.S. consumer data, global risk appetite, and ECB/Fed communications, any moderation in U.S. growth or dovish policy signals should reinforce topside objectives toward 1.1700/1.1760. As always, this is for information and education only. For similar Forex Trade Signals please visit our forex trade ideas page. Please visit our Disclaimer page. Disclaimer Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. TerraBullMarkets.com does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets or any financial instrument involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TerraBullMarkets.com nor any of its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. TerraBullMarkets.com and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. TerraBullMarkets.com and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and TerraBullMarkets.com are not registered investment advisors and nothing in this article is intended to be investment advice. TerraBullMarkets...
Standard Package Membership Required
You must be a Standard Package member to access this content.
