ETH, Copper, Nasdaq, EURUSD Trigger Key Signals – Are Bulls Ready to Roar Again?- 17.07.2025

In today’s EURUSD, Ethereum, Copper, and Nasdaq technical analysis, markets show a mix of breakout confirmations, compression patterns, and early warning signals. EURUSD has cleared key resistance and is now retesting the breakout zone, while Ethereum consolidates within a symmetrical triangle near a major trendline. Meanwhile, Copper has staged a bullish recovery after breaking its descending structure, and Nasdaq futures are flashing caution with bearish divergence inside a rising wedge. This analysis dives into the technical outlook across asset classes as volatility brews beneath the surface.

EURUSD Ethereum Copper Nasdaq Technical Analysis: EURUSD Breakout Holds

• Breakout Confirmation: EURUSD has broken above horizontal resistance (~1.090), now retesting it.
• Bull Flag: Consolidation resembles a flag formation — a continuation pattern.
• MACD/RSI: RSI is supportive (above 50), MACD histogram turning positive.
• Bias: Bullish. If retest holds, next target around 1.115–1.12 zone.

Ethereum Triangle Forming Ahead of Breakout Decision

• Trendline Support Test: Ethereum price is currently respecting a long-term ascending trendline.
• Structure: Symmetrical triangle formation nearing apex. A breakout is imminent.
• RSI & Momentum: RSI is neutral (around 50), indicating indecision. Volume has been contracting, consistent with the triangle pattern.
• Bias: Neutral-to-bullish; watch for breakout above resistance (~3150 USD) to confirm bullish continuation. Breakdown below support (~2900 USD) could trigger sell-off.

Copper Eyes $4.80 After Bullish Breakout Retest

• Descending Channel Breakout: Copper appears to have broken out of a falling wedge or descending channel.
• Backtest Phase: Price is backtesting the breakout level — a healthy retest pattern before potential continuation.
• RSI: Trending upward from oversold area; positive momentum building.
• Bias: Bullish. If price holds above 4.5 level, potential for sharp move toward 4.8–5.0 range.

Nasdaq Futures Show Bearish Divergence at Wedge Top

• Rising Wedge / Parabolic Trend: The chart shows a potential rising wedge, which often signals trend exhaustion.
• Bearish Divergence: RSI is showing clear bearish divergence while price makes new highs.
• Warning Signal: Price near upper wedge resistance; caution advised.
• Bias: Bearish-to-neutral. A break below lower wedge support could lead to correction toward 19500–19000 range.