surieltobal

EUR/USD A/L Purchases and A/C Sales

Long
OANDA:EURUSD   Euro / U.S. Dollar
- We observe how the price is clearly in a Bearish Weekly trend, being right now at levels of important Demand zones, where the price can take both the intermediate trend of 1h and 15M to begin to retrace to levels where the opportunity may arise. purchases in important areas and levels for the trend Minors than 3M and 1M.

- Currently the price in Intermediate Time seems to have found a good resistance which it has not yet been able to break, which is why it is beginning to create chart formations, which has broken downwards which leaves us with a bearish objective which already been fulfilled or almost ready to do so.

- We must also mention that the analysis of the DXY will always favor our operations and analysis of the Eur/Usd, and knowing this we must take into account the possible scenarios or movements that the DXY may give us.

- Currently the price in the DXY also seems to have found a support zone so far which is being used to make the price go back to important sales levels in continuation of the current trend since it is clearly bearish and now we are about see bullish pullbacks at important Supply levels.

- We have 2 important zones of both Supply and Demand for both Assets, which for the DXY we have Supply zones and levels for sales opportunities, While for the Eur/Usd we have important Demand zones and levels to be looking for sales opportunities. purchases for today.

IMPORTANT:

- We have to keep in mind that we can identify a chart formation in higher temporalities in the DXY which has the purpose of giving continuations to the price, aiming at important unmet bearish levels even below today's London Low.

- Said previously mentioned Bearish objectives for the DXY not met, It clarifies the scenario that we have planned for today in the Eur/Usd, Which if we have bearish objectives for the dollar index, that gives us a high probability in favor of waiting to see how the price in the index after retracing bullishly, finds an area and resistance levels where CbdE begins to be provoked. To begin the bearish continuations, therefore, once the aforementioned happens we would be preparing, searching and waiting for it to occur. the shopping opportunity in the Eur/Usd.

- Today we expect bullish retracements for the DXY, which at the same time would cause bearish setbacks in the Eu/Usd, which would lead us to test areas of both Supply for the index and Demand for the Eurodollar, thus hoping that for the Today the developments for the DXY are Bearish while for the Eur/Usd they are bullish.

EYE:

- The DXY objective is between a Demand zone and an important breakout level, which is located between the levels of 103,927 and 103,721, which before reaching said objective the levels must be clearly broken keys of 104,300 and 104,145, of course, having previously eliminated the Low of the day from the key level of 104,453.

- On the other hand, for the same DXY we have to take into account that if the bullish retracements in intermediate periods extend too long, thus reaching higher levels, breaking the key levels of 105,080 and 105,014 of the closest supply zone, in addition to in which the price is currently located, then the Bullish scenario of the Eur/Usd for today would be ruled out in its entirety, at least temporarily.

- The Eur/Usd being at the same time as the DXY is in an intermediate zone which is important for both assets, since when it is broken it can bring us closer to the scenario that we expect for today. Therefore, if this is broken zone we hope that in the next Demand zone for the Eur/Usd we will see, once the price reaches said important Demand zone, a CbdE will be provoked in a temp like that of 15M, thus leaving us with a possible confirmation zone in search of buying for at least until at least the High of the day is eliminated.

- Exactly to validate this scenario we need the price to enter the important demand zone located between the levels of 1.07099 and 1.06998, once there without having preferably been manipulated before, much less broken or closed with a body below said price, Then we would wait for the CbdE to look for a confirmation zone that would give us the opportunity to buy said asset today.

- If the strong Demand zone is eliminated and the price even manipulates below 1.06938, we would be ruling out the scenario we expect today. In the same way that if the DXY eliminates the Upward Demand zone with a solid body, that would clearly indicate to us that the DXY would continue to rise to higher levels, so
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