EUR/USD – 1H – BUY

The EUR/USD 1H chart has fired a cluster of bullish signals, including a Trendline Break Up, a Double Bottom pattern, and multiple retreat-up signals from DEMA, KAMA, MAMA PRICE, MIDPOINT, and MIDPRICE, along with a Northern Doji candlestick. This confluence indicates strong buying momentum and a likely continuation of the uptrend. The trend across all timeframes from 15 minutes to daily is bullish, with very strong trend scores on the lower timeframes (15m and 30m) and solid scores on higher timeframes, confirming that the bullish bias is well-supported across the board.

Key support is identified at 1.15696, which aligns with the recent Double Bottom area. As long as price holds above this level, the bullish structure remains intact. The nearest resistance is not defined, suggesting that there is no immediate overhead barrier, which could allow for further upside. However, traders should monitor the 1.15696 level as a critical invalidation point; a break below it would negate the bullish signals and could lead to a reversal.