DPLtrading

DPLtrading

after the core inflation news today and Dollar strength, after such a big downwards move going to wait for a pull back.

DPLtrading

think we could see some EUR pull back today before we start to see sellers for EUR USD this week i am around some dollar strength. DXY have a nice break out of structure at the end of last week

DPLtrading

There is news today so will not be trading until we know the Data. Euro bullish but could change after the news today UK time 13:30pm - US core inflation / CPI 19:00pm - FOMC mins

DPLtrading

if the Dollar can keep support above 103.00 will be looking for EUR USD shorts

DPLtrading

What a sell off that was yesterday biggest sell off in the Euro since march 2020 Looking for sells today #EURUSD

DPLtrading

Still bullish at the time But think we could see a roll over soon is everyone still think more potential EURUSD to the upside?

DPLtrading

#EURUSD if we can break the 38% retracement on the daily view. i see this getting back to the 50% currently stuck between the daily 50 MA and 200 MA

DPLtrading

next level for me is 1.0900 / 1.09500 upside is limited, expecting to see a roll over soon. But not yet

DPLtrading

next levels 1.07000 - 1.07500 these are targets but any further up side could be limited

DPLtrading

Preference for today looking for buys above the daily Pivot if the trend line still remains and we do not break through this looking for around a 30 pip move to the upside, back to the Asia high EUR inflation rate data release at 10am today (UK time)

DPLtrading

news today inflation rate date @ 07:45 - EUR PMI date @ 09:00 - EUR PMI DATE @ 15:00 USA 19:00 FOMC MINUTES DAILY SET UP below 1.056000 looking for shorts with targets 1.05300 anything above 1.05600 do not look for sells

DPLtrading

On the DXY weekly chart we have seen a pull back and sell off If we can break above 106.000 level and hold, we could potentially see a rally to the upside

DPLtrading

1.0500 next for EUR USD in the short term? Daily trend has been Bullish, but if we take a look at the weekly to me this just looks like a pull back before the move continues to down side

DPLtrading

Bias today is EUR USD shorts Any of the points will be looking to sell 1pm UK time European inflation data is released

DPLtrading

sell

DPLtrading

we can hold and get some nice support on this level, could be buy possibilities back to the Fib levels and Moving average

DPLtrading

gbp cad sell set up

DPLtrading

still see more movement to the downside on NZD USD