Overview: EUR/USD Transitioning into Bullish Trend After Rebound
As of April 9, 2025, the EUR/USD 1-hour chart shows accelerating bullish momentum after breaking through the psychological resistance level of 1.1050. In this article, we analyze the strength of the current trend using technical indicators such as ADX, MACD, and moving averages, and present specific trading strategies. For real-time economic indicators and fundamental market updates, please refer to the following sources:
Key Point 1: Break above 1.1050 signals bullish sentiment
EUR/USD has clearly broken through the recent key resistance level at 1.1050, reaching as high as around 1.1060. This breakout not only overcomes a psychological and technical barrier but also sets the stage for the next upside target. The long-bodied candlesticks suggest persistent buying pressure in the market.
Image source: cTrader platform
Key Point 2: Rising ADX confirms trend strength
The ADX is currently above 60, indicating a strong and established trend. When ADX exceeds 50, trend-following strategies are generally considered effective. In the current environment, buying on short-term pullbacks appears to be a viable approach.
Key Point 3: MACD expanding in bullish phase
Both the MACD line and signal line are trending upward, while the histogram is also increasing. This indicates that buyers are currently in control of the market, and continued upward movement is favored over any immediate correction.
Outlook and Trading Strategy: Is Buying the Dip the Best Play?
EUR/USD has entered a clear uptrend. Monitoring the following points can help shape a sound trading plan:
Whether the ADX remains above 60
Continued expansion of the MACD histogram
Pullback and rebound around the 1.1020–1.1040 zone
Example Trade Scenarios
Bullish Scenario (Buying the Dip):
Entry: On pullbacks between 1.1030–1.1040
Take Profit: 1.1080 or higher
Stop Loss: Below 1.1010
Bearish Scenario (Reversal on Sharp Drop):
Entry: Break below 1.1010
Take Profit: 1.0960
Stop Loss: Above 1.1045
Note: These strategies are for educational purposes only. Please ensure proper risk management and make trading decisions based on your own judgment.
Conclusion: Bullish Bias Prevails – Focus on Buying Opportunities
Current technical analysis indicates that EUR/USD has entered a bullish trend, and a buy-the-dip strategy may be the most effective in the short term. Carefully monitor the movement of indicators such as MACD and ADX to identify high risk-reward trading opportunities.
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This article is intended for informational purposes only and does not constitute financial or investment advice. The analyses and strategies mentioned are based on past data and current market conditions, and may be subject to change in the future. When making investment decisions, always conduct your own research and consult a professional if necessary.
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