FX.co ★ EUR/USD

Technical analysis 15 May 2025 EUR/USD H-4 Hello. Sellers were able to break out of the sideways trend downwards on the euro. Yesterday, buyers attempted to return the price to the consolidation area but have not succeeded so far. This morning they are trying to make another attempt at growth; the current target for price growth is level 1.12651. If they manage to nail it down and consolidate, then further growth in quotes can be expected to level 1.12922. If we consider the scenario of events with the development of a deeper correction, then sellers will need to beat and consolidate below level 1.11627 for this; a price drop can be expected to level 1.10961. EURUSD M30 pair: 1 - Yesterday, there was a forecast for an entry point for purchases from level 1.12026 on the euro; the price broke through this level and was able to reach first the first target at level 1.12253 and then the second at level 1.12351. 2 - If we evaluate the situation by the bands, the price is trying to form a movement along the upper band. In order to get a quality signal for price growth, we should wait for an active touch of the upper band and then evaluate whether the bands will open outward or not. 3 - The indicator crossed the zero mark; if we see active acceleration in the positive zone in the near future, we will get a stronger signal for price growth. The reverse transition through zero and active growth in the negative area will give a signal for price decline. 4 - The entry point for purchases in this situation can be located at 1.12026; price growth upon breakout and consolidation can be expected to 1.12253 and 1.12351. 5 - Sales in this situation can be located at 1.11667; price decline upon breakout and consolidation can be expected to 1.11446 and 1.11147.