#EURUSD Market Trends and Insights for June 30 2025 Analysis

#EURUSD Analysis of Advanced Pro Charts: Market Structure and Trends

The Advanced Pro Charts present a comprehensive view of the current market structure, highlighting a pronounced and robust upward trend that has been observed over recent trading sessions. This upward momentum indicates a significant level of buying interest among traders and investors, suggesting that market participants are confident in the continued strength of the asset in question. Within this context, it is essential to identify key levels that play a crucial role in the market dynamics. One such level is the support area located at 1.1611. This price point has historically acted as a strong barrier against downward movement, indicating that buyers are likely to step in at this juncture to prevent further declines.

A pullback to this support level is not only plausible but also anticipated, as it aligns with typical market behaviour where price retracements often occur before a continuation of the prevailing trend. Upon reaching the support level of 1.1611, a bounce is expected. This bounce would signify that the buying pressure is sufficiently strong to reverse any temporary bearish sentiment, allowing the market to regain its upward trajectory. Such a reaction would be indicative of healthy market dynamics, where buyers are willing to enter the market at favourable prices, thus reinforcing the overall bullish sentiment. Furthermore, if the anticipated bounce occurs as expected, the price is likely to continue its ascent toward the next significant target level at 1.1771. This target represents not just a psychological milestone but also a critical resistance level that traders will closely monitor. A successful breakout above this level could lead to further bullish momentum, potentially opening the door for even higher price targets as market participants react to the strength of the trend. In conclusion, the Advanced Pro Charts clearly illustrate a well-defined market structure characterized by a strong upward trend.

The potential pullback to the support area of 1.1611 is a crucial aspect of this analysis, as it provides an opportunity for traders to capitalize on the expected bounce and subsequent continuation of the uptrend towards the target of 1.1771. This scenario underscores the importance of closely monitoring key support and resistance levels to make informed trading decisions.

Chris

Head Coach & Trader for over 35 years