EURUSD BUY LIMITEuro/US DollarFX:EURUSDPIPSPHERE_NETWORK Trend Structure The pair is currently in a clear bullish trend, making consistent higher highs and higher lows. Recent impulsive push shows strong bullish momentum, with price extending above the 1.1800 psychological level. Key Levels Resistance: 1.1818 – 1.1820 (current rejection zone). If broken with strong momentum, 1.1850 – 1.1880 could be next targets. Support: 1.1750 – previous structure high, now acting as support. 1.1744 – marked demand zone aligned with FVG (fair value gap). 1.1712 – strong liquidity pool and stop-hunt area, also coinciding with your stop-loss placement. Order Block & Imbalance A bullish order block was respected around 1.1715 – 1.1740, fueling the rally. The chart shows imbalance/fair value gap from the breakout push, which is a sign of institutional buying. Price filled the gap partially, then continued upwards, showing buyers are still in control. Trade Setup on Chart Entry: Around 1.1744 (demand zone retest). SL: 1.1712 (beneath demand + liquidity sweep). TP: Above 1.1818 (running trade, nearly reached target). Risk-to-Reward Ratio: ~2.5 – favorable setup. Momentum Indicators (Chart Behavior) Strong impulsive candles → bullish dominance. No clear bearish engulfing or reversal patterns yet. However, RSI/MACD divergence should be checked on higher timeframes to confirm sustainability of this bullish move. 🌍 Market Sentiment Comparison COT Data (Commitment of Traders) Institutions have been gradually increasing EUR long positions in recent weeks, showing bullish bias. USD positioning has weakened slightly due to expectations of slower Fed tightening. Retail Sentiment (Forex Factory / Myfxbook Data) Retail traders are still net short on EURUSD, trying to fade the rally. Historically, retail is often on the wrong side → supporting continuation of the bullish move. Macro Drivers EUR Strength: ECB has maintained a more cautious stance, but Eurozone inflation holding firm keeps EUR supported. USD Weakness: The dollar is under pressure as Fed’s hawkish narrative is softening, with markets pricing fewer rate hikes ahead. Combined, this creates a bullish fundamental sentiment for EURUSD. 📊 Conclusion Technical Outlook: EURUSD is bullish, with demand zones respected and higher timeframe liquidity grabs driving price higher. The key resistance now is 1.1818 – 1.1850. If broken, price could target 1.1880 – 1.1900. Sentiment Outlook: Institutions remain net-long EUR, retail is heavily short, and fundamentals favor EUR strength over USD weakness. Bias: Still bullish unless price breaks back below 1.1740. Invalidation below 1.1710.