The current analysis of EURUSD indicates a downward trend. Yesterday, it broke a significant support level and closed below it. While a temporary reversal may occur before the bearish movement continues, it's important to note that the DXY (US Dollar Index) has surpassed a major resistance level. This development suggests that EURUSD is likely to decline further...
It took a Few Days before Price was able to punch out a new Low after Printing an Engulfing Candle on the weekly timeframe last week. The candle engulfed almost 5 weeks of previous gains by Bulls. Price corrected to the S/R Zone 1.0866 and pulled back from our Quarterly Highs around 1.103- 1.108. The Next Weekly Level sits a 1.06650 which currently sits 170 Pips...
Last Week the Weekly Candle closed Bearish but with no wick Last week the Candle closed below Weekly S/R Level However, the candle closed in between our two Daily Level's Manufacturing Data Was Expected to be negative for the USD Red Folder News and in theory good for EUR Strength Price had been going up on EU since the new Weekly Candle opening yesterday....
OANDA:EURUSD If I am holding over night, then I just want a little more for my sleepless time. 20 hard pip TP Time for a much needed nap
Dollar Bulls Take the Win? We have dropped below our Last Daily Zone at 1.09219. I have been talking about dollar bulls Since we had FOMC data coincide with our extreme highs at 1.1095. A Coincidence? I thought this may be Suspicious! And it turned out that way. That was a good tell for the beginning of this descent. FOMC was last Wednesday and dollar bulls have...
- The Weekly candle pulled back up after creasing last week's low - The Daily Candle yesterday closed in between our Daily Level's 1.09715 and 1.09495 - This was good for bulls as I mentioned because we closed above 1.09495 - Either way Eurusd was still technically inside our overarching Daily range between 1.106 Daily/Weekly level and 1.09495 Daily Level - CPI...
We have printed two Bullish Monthly Candles back to back. The first week of this current monthly candle for May 23' has closed as an indecision candle. I am gravitating towards the Bull side but would not be surprised to see more of a sell off after the May FOMC decision The FOMC decision to raise rates by 25 basis points coincided with our extreme highs of the...
Scalping, Scalpingg. Has taken my heart. Discipline and Patience. Aggressive when it times to be aggressive. Fearless when it's time to be fearless. Trust in thy system and process. And Gold to be attracted to thy pocket with time and accumulate in ever increasing quantities. Will bulls hold 1.1024 4hr Zone? Or as the Daily candle flips bearish at 1.10239 will...
There is manipulated sell block, which was retested and then price dropped. Now I am waiting for pullback to extreme zone, TP will be on 1h OB. Also I have already set up my sell limit with 1:4 rr.
Today's focus FRA40 CAC Pattern – Support hold - continuation - HL Possible targets – 7465 - 7600 Support – 7315 - 7360 Resistance – 7460 (ST) Indicator support – CCi close to 0 cross – 38.2 fib area Could we see a new leg higher on the FRA40? After Monday's holiday, price has opened lower on Tuesday, but there are a few bullish signs we are watching that could...
OANDA:EURUSD It was really slow today, as the world watch and celebrated the new King. Closed out a really small scalp and called it a day, but looking back, my entry triggers worked outa few times... What am I going to do? No FOMO here, don't care, i'm + on the day.
selling EURUSD following 1h OF and 4h signs of weakness to put new highs so we drop to LTF to look for entries to take advantage of this move Analysis: 4h 1h 15m www.tradingview.com 3m entry
In fact , Monday sweept liqudity from high of Friday and after that we see CHoCH on London session , pullback on NY session we have m1 conformation for short. Okay ..
Well Dollar Buyers Piled back in with positive Jobs data. Eurusd returned back to the bottom of the range for the 3rd time in 2 Weeks. Our Daily Levels being 1.097 and 1.095. Quite the week for Swing traders and Scalpers playing the range.. Like who cares about breakouts anymore 😂. We were anticpating this data to take us out of the range and up to 1.115 but that...
Do we have enough steam to take us to 1.11500? Anticipating that rates stay the same and that the May Decision is Bullish. Planning since Staurday this past weekend that we may be onto something here. My Belief is that May Decision is viewed as an Optimistic data point. Preparing for a fall to 1.086 if not the case. Safe Trading. I'll be looking for opportunities...
These are the prices that can reverse the price. You can enter by candlestick patterns or with setups. Have a good week.
OANDA:EURUSD Took a long for 10 pips hard TP with DXY heading lower as the markets shake off a hard fall
OANDA:EURUSD Nice to have a stressless scalp with no impactful news during the Asian session zone a few minutes ago. Dollar index heading north. EU pair heading south. 10 pips hard TP Good night from the states.