EUR/USD EUR/USD briefly rose above 1.0630, making modest gains after hitting monthly lows. The Euro is in a critical area, waiting for more US inflation data. It benefits from the US Dollar's weakness due to declining yields and positive market sentiment. The recent US Producer Price Index increase didn't greatly affect the Dollar, and the latest FOMC minutes...
The pair has been on an uptrend on the Daily. The H4 has shown clear break o f structure on the H4 with price respecting the retest/support levels. The price might still push for higher price before taking a dip.
Bullish Order block on 5 mins time frame so i am waiting for price to retest that level before i would enter on a buy
The just-released minutes of the Federal Reserve's September policy meeting show that Fed officials are taking a more cautious stance on the issue of raising interest rates. But most policymakers generally agree that interest rates need to remain high until inflation actually cools. Investors' attention will be focused on the upcoming release of the US consumer...
Hello,Friends! It makes sense for us to go short on GBP/USD right now from the resistance line above with the target of 1.222 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Trading Journal GBPUSD 15M Continuous Chart I suspect that price will short and possibly tomorrow. This is my feeling after studying where the liquidity is resting. I suspect that the market might take advantage of the RED FOLDER NEWS and increased volatility with the war to short it. That said it's all just a gut feeling. Since Friday price has been...
Price currently trade at 1.23914 . I anticipate a drop (sell) from the current market price . Tp will be at 1.22726. Sl will be placed at 30pip from the current market price.
Trading Journal GBPUSD 1 hour Continuous Chart My overall bias for this symbol is bearish. Since Friday price is noted to be in a premium market. This chart is weighted with sell side liquidity and FVG at lower prices. I suspected that price would deliver to the FVGs I have noted that it almost reached today. We could see a draw up to it and then with the...
Trading Journal GBPUSD Daily Continuous Chart Price has been bullish since last Wednesday. I suspect that tomorrow with the 2 am 830 am and 930 am RED FOLDER news we could see alot of volatility in the market tomorrow. Price has been delivering higher prices, I actually suspect we will draw up to the FVG to redeliver. However every time frame has many FVG to...
GU is going higher and higher. It didn't gave much respect to it's last 1H/4H Supply zone. It took a little retracement and broke higher from it's internal structure demand zone. Next retracement is expected from 1.24 zone. Until then, enjoy small retracements targeting 1.24 zone.
Took this trade on market structure. Open above pivot, BOS, Retrace to 61%, enter on 50 EMA. TP'd at BOS, should have held longer
Took this trade on market structure. Open above pivot, BOS, Retrace to 61%, enter on 50 EMA. TP'd at 75 pips, probably should have held longer
Price came into 4 hour balance, crossed 61%, enter on R1. In hindsight I should have entered on 50% of balance
Prices retraces into 4h balance, 78% enter on s1. Analaysis was correct but should have have entered a couple pips lower
GBP/USD broke above 1.2200 with relative ease on the way to the imminent resistance 1.2345 – a level that halted prior declines in April and June this year. Early signs of a possible pullback emerged after the MACD came out of oversold territory on the 5th of October. While a lot of the move is driven by the weaker dollar, the pound has been seen strengthening...
Price retraces to 4 hour balance, enter buy on s2. Prices was aggressively selling, shouldnt have taken
Price came into 4 hour balance, crossed 61%, enter on R1. In hindsight I should have entered on 50% of balance
The manager turns to consider developments in the financial markets in the time between meetings. US data releases generally point to a stronger economic recovery than previously thought, and the market price reaction implies both a higher expected trajectory for policy rates in the near term. longer and long-term insurance premiums are higher. Policy-sensitive...