El Shaarawy joined the Principality outfit on loan from AC Milan over the summer as he looks to get his career back on track.
The 23-year-old has struggled with injuries over the past couple of seasons and is hoping to fight his way back into contention for the Italy squad.
The striker insists he is fully focused on taking full advantage of his chance and hopes to make the trip to France next summer.
El Shaarawy said: "My only focus is on rediscovering my form. I want to be a star at the Euros and everything depends on my play for Monaco. I feel great."