Euro Surges Against the Dollar

2025/04/20

EURUSD 4H

EUR/USD – 4H Time Frame Analysis | April 20, 2025

On the 4-hour chart, we have a clearly defined Zone of Interest (4H DZ) just below the daily order block (D OB).

After the recent upward move, a pullback is very likely before the price attempts a breakout above the daily bullish order block. This 4H DZ provides an ideal area for potential long entries, especially if lower timeframes offer confirmation (e.g., BOS, inducement, or rejection patterns).

EUR/USD 4H Chart – April 20, 2025

Key Technicals:

  • Bias: Bullish
  • Zone: 4H Demand Zone below D OB
  • Trigger: Pullback to 4H DZ with LTF confirmation
  • Target: Break of D OB → Continuation toward MFH

Confluence with Daily structure enhances the reliability of this zone. Ideal setup for traders seeking tighter entries with solid risk-reward potential.

EURUSD Daily

EUR/USD – Daily Time Frame Analysis | April 20, 2025

Top-down analysis starting from the daily chart. The market continues to move within the premium trading range, bouncing between the supply zone (D_SZ) and the Daily FVG.

The rebalancing of the FVG successfully pushed price back up, placing the market within a favorable zone for long setups. Volume was absorbed at the first bullish order block, which was confirmed and followed by the formation of a second one.

This second order block, if broken to the upside, gives us a solid opportunity to enter long trades with increased confidence, targeting the Monthly Fractal High (MFH).

EUR/USD Daily Chart – April 20, 2025

Key Technicals:

  • Bias: Bullish
  • Structure: Premium range + bullish OB
  • Opportunity: Longs above second OB
  • Target: MFH (Monthly Fractal High)

Stay tuned for the upcoming 4H and 15m breakdowns for tighter entries and confirmation zones.