Trading-Guru
Short

Oscillation on EUR/USD Due To Weekday-Weekend Behavior!

FX:EURUSD   Euro / U.S. Dollar
Hi everyone, let's review some fascinating price behavior here on EUR/USD based on the weekly seasonality .

Every major shift in price trend has start exactly coming out after the weekend.

We don't just observe a sudden spike on the first hours after the weekend, which would make it very difficult to monetize this behavior. No, we see a constant and slow price reversal.

This means that we have an excellent opportunity to use this information and trade it to our advantage! If you spot the reversal soon after the week starts, you can safely place your positions and trade along with the trend until the week is over.

In this case, looking at the current trend and the lack of news on EUR/USD during the weekend I expect a continuation of the bearish price momentum.

I suggest to wait after opening to get a confirmation of the move (again, nothing sudden is happening so you will be on time even a few hours later) and then trade according to the direction.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

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Comments

That didn't age well
+10 Reply
my bias is to the upside
+1 Reply
thanks for sharing! this is what I see on EURUSD:
Reply
well this escalated quickly.. :D
Reply
Summer vibez
Reply
Perfect idea)
It is mine 👇🏼
Reply
thanks for sharing and awesome work there! Agree with your view, this is what I see on EURUSD :
Reply
This is nice. Beginners really need persons like you. Thanks
Reply
Interesting observation. I share your short-term bearish outlook. Thanks for sharing :)
Reply
I will be posting more of these regularly, so follow me to find out about great trading opportunities
Reply
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