While it seems unlikely that US CPI data will influence the FOMC's policy decision this week, the market will keep an eye on the m/m core CPI data. If this index exceeds expectations, current inflationary pressures will certainly affect the timing of interest rate cuts in the future, however if the data is lower than estimates it could boost interest rate...
Easy setup for EURUSD: Downtrend, break the trendline, retest it and finally > pump. Of course is just a small pump before another possible down move, but setup looks clean enough to enter long. Target 1.085
This week's forecast for the EURUSD aligns with the breakdown observed in GBPUSD, indicating a positive correlation between these pairs. In the case of EURUSD, I anticipate further downward movement to reach a 19-hour demand zone. Following this, I expect a bullish reaction, propelling the price upward towards a more favorable supply zone for a potential...
EURUSD rejected nicely off of the Resistance Zone at 1.10 and fell to 1.07300! If you shorted at the Resistance Zone per my last analysis, hold that short! It's reasonable to take profits here around 1:1 Risk/Reward and swing the latter half, but will we make it to the bottom? How do we trade this? 🤔 If you're not currently in a trade, I would wait until the...
EUR USD 30m idea. we will be looking to enter this trade after a break of the LH Targeting a 1-3 RR What do you think ?
EUR USD has formed a Descending Channel retesting the previous 4-hour resistance turning into support. Now we are waiting for a breakout of the channel and a retest of the 30m LH for entry. What are you seeing on EUR/USD share your idea.
Hello traders, EU retraced to a weekly FVG and high probabilty order block we have also the SMT with DXY which is a signature that we could have a smart money reversal, For the next week I would be looking for buys but before that I need to see some bullish momentum coming out to the market and market structure shift .
EURUSD's daily chart showcases a strong bullish momentum, with a notable opportunity for a sustained buy position identified at the highlighted demand level in blue. This level, signaling a concentration of unfilled orders, suggests significant underlying strength. The envisioned long-term target for this buy position aligns strategically with the supply zone at...
The European Central Bank policymaker and President of the Bank of France said the ECB is not yet ready to consider reducing borrowing costs but will do so after 2024. Slowing inflation has allowed the ECB to clarifying the 2% inflation target from summer 2021, which could herald an adjustment in monetary policy. In addition, dovish comments from the FED pulled...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
OANDA:EURUSD caught a small lift against the Greenback (USD) in early Tuesday trading before reversing direction and heading back into bearish territory and is now probing into the OANDA:EURUSD pair's lowest prices in half a year. The broad US Dollar Index (DXY) is seeing a healthy bid across the markets, bolstered by a jump in US Treasury yields. German...
We have a change in structure in low times so it is likely that we will go to take liquidity up a mini-scalp
For me the EURUSD has risen quite a bit, what it should do is go down to take more liquidity, don't forget it is a matter of probability
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Recently, there was an anticipation of a pullback or correction in the EURUSD currency pair. This correction was expected if the current peak reached the level of 1.10000. However, the US dollar strengthened without a deceptive upward movement, compelling its major rivals to retreat. Despite this, an overshoot is anticipated, likely leading to the subsequent...
As we delve into the intricacies of the EUR/USD market, a compelling bullish narrative emerges, supported by a meticulous examination of the order flow dynamics. The current outlook suggests a favorable environment for bullish sentiments, with an emphasis on a key level that has yet to undergo a retracement. Analyzing the Daily Time Frame reveals a missed...
Interest rates are "estimated to be at their lowest level in 25 years," Williams told the New York Fed's Bretton Woods Committee meeting. "I think it is appropriate to maintain a hawkish stance for some time to fully restore balance and return inflation sustainably to our long-term target of 2%," he said. The Fed is expected to keep interest rates on hold at its...
Hi, According to my analysis of EURUSD pair, there is a good opportunity to buy as the pair exits the pitchfork. We also notice that the price has returned to test the pitchfork tool. And the presence of strong support at the level of 1.05000. All of these factors confirm buying. good luck for everbody