EUR/USD Daily Price Forecast – 15th January 2025
If you like our trade signals, join us on our PREMIUM TELEGRAM CHANNEL.
117% ROI in ONLY 10 days. Join our Facebook Group to learn more.

Trade Summary:
EURUSD
Sell Stop @ 1.02863
TP @ 1.02530
SL @ 1.03284
Detailed Analysis of the EUR/USD H4 Chart:
1. Overview of the Trade Setup:
Instrument: EUR/USD (H4 timeframe)
Sell Stop Level: 1.02863
Stop Loss (SL): 1.03284
Take Profit (TP): 1.02530
This trade setup is based on a bearish momentum confirmation, with the price positioned near a key resistance level and showing signs of a potential downward continuation.
2. Key Technical Indicators:
Momentum Power:
The momentum power is neutral (0.00000600), indicating that the market is at a decision point. However, the candlestick confirmation suggests bearish sentiment is gaining strength.
Price Action:
The price is close to the 1.03000 round level, which is a significant psychological level. A break below this level confirms bearish momentum.
The candlestick patterns show rejection of higher prices, with sellers stepping in near the resistance zone.
Moving Averages:
The price is trading below the 200-period moving average (green line), which indicates a bearish trend.
The moving average is sloping downward, further confirming the bearish bias.
Support and Resistance Levels:
Resistance: The resistance level at 1.03284 (SL) is well-placed above recent highs, allowing room for minor retracements.
Support: The support level at 1.02530 (TP) aligns with previous price action and a potential demand zone.
3. Risk-to-Reward Ratio:
Risk: The distance between the Sell Stop and the Stop Loss is 42.1 pips (1.03284 – 1.02863).
Reward: The distance between the Sell Stop and the Take Profit is 33.3 pips (1.02863 – 1.02530).
Risk-to-Reward Ratio: Approximately 1:0.79. While the risk-to-reward ratio is slightly below the ideal 1:1, the trade is valid due to strong bearish confirmation.
4. Trade Justification:
Bearish Momentum:
The candlestick confirmation and price action near the 1.03000 round level suggest a strong likelihood of a bearish breakout.
The chart indicates a short trade confirmation, aligning with the sell stop order.
Trend Alignment:
The price is below the 200-period moving average, confirming a bearish trend.
The moving averages and price structure indicate that sellers are in control.
Logical Stop Loss and Take Profit:
The Stop Loss is placed above the recent resistance level, allowing for minor retracements without invalidating the trade.
The Take Profit is placed at a logical support level, ensuring a realistic target.
5. Potential Risks:
False Breakout: If the price fails to sustain below 1.02863, the trade could be invalidated.
Market Volatility: Sudden news or events could cause unexpected price movements.
6. Summary of the Trade Setup:
Sell Stop: 1.02863 (below key support level to confirm bearish momentum).
Stop Loss (SL): 1.03284 (above recent resistance to allow for retracements).
Take Profit (TP): 1.02530 (at a logical support level).
This trade setup aligns with the bearish trend and momentum, offering a high-probability opportunity to profit from a continuation of the downward move. However, the risk-to-reward ratio should be carefully considered before execution.
Recommended Lot Size
Trading is all about statistics.
While we can experience winning streaks, we can also suffer from losing streaks.
As such, we should always size each trade to withstand losing streaks (if any).
It’s widely recommended that you should not risk more than 2% of your capital for each trade.
We believe it’s easier to control your lot size by limiting your lot sizing to 0.01 for every $500 in your account.
So if you have $5000, then risk no more than 0.10 lot size per trade.
*****************
If you spot a mistake especially when it comes to the price, please use common sense and check the chart.
We wish you good luck and good profit for this trade idea.
For more trade ideas, join the Price Action Society…
Start with a $30 trading bonus
Trade forex and CFDs on stock indices, commodities, stocks, metals, and energies with these licensed and regulated brokers.
For all clients who open their first real account, these brokers offer a $30 trading bonus to test their products and services without any initial deposit needed.
Learn more about how you can trade over 1000 instruments on their MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.

If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.
Claim Your $60 No Deposit Bonus Here
All you need is to have your live account verified!
Of course, you need to open a live account...
2 Brokers that we like A LOT!
USD30 from each Forex Broker Below.
Both Forex Brokers have excellent rating!
We use both of these brokers and proudly promote them!
NOTE: Not all countries qualify for these bonuses. Terms and Condition Applies.Other Analysis Today