Looking for further shorts as USD is in full control pushing these pairs down on the higher time frames. Ill possibly look for intra day trades back up but I'm more interested in the longer term view.
Still looking for a push back down to 1.12600. Price didn't continue its sell off last night but that's okay just gives us a better entry point for more profit potential.
Looking for a quick move back down to major support on EURUSD for a quick intra-day trade. From the support ill re-analyse but expect probably another bounce to continue with overall sideways pattern.
So price is been difficult so I'm standing aside on EURUSD for now. I will look at trades once we leave this area and show the next obvious direction.
Price has entered a Demand Zone, and may reverse here for a nice short. Wait for the proper transition from bullish to bearish momentum to confirm an entry to sell. No confirmation, no trade.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
In This video, I breakdown why the U.S Dollar is getting stronger against the EUR and JPY as high inflation is causing markets to bet on interest rate hikes by the Federal Reserve by mid-2022. We look at why Interest Rates on U.S Bonds are key to understanding the strength of the U.S Dollar. We also look at trading the U.S Dollar Index and the U.S Dollar against...
Pretty simple one, been showing nice price action lately and following the overall trend very nicely. Hopefully we can see price push further down and create some more opportunities for entry's next week. Ill be letting the daily close though from this support level to give me a better bias heading into next week.
I have taken short trades on EURUSD as we see some USD strength creep back into the market, now that we have seen the first sell off on the lower time frame it gives us a good indication that this area holds significance as a resistance (1.16150). Price does look a little to good to be true at the moment for a large move so I've moved stops to entry point so...
Ahead of this week's Federal Reserve interest rate decision. We look at why the markets are turning hawkish on their expectations for the U.S Central bank to raise rates to deal with the high inflation. We look at why this will cause EUR/USD to continue its downtrend when we look at U.S Bond Rates relative to European Bond Rates and how the differential drives...
Seen some unusual price action on the Friday last week for a very fast sell off on EURUSD. The next areas I will be looking for shorts from are 1.15900 and 1.16150 if price can show signs of rejection from there I will look for further short trades.
Just thought Id update as price is always obviously changing and creating new opportunities, I've just taken shorts from this area with tight stops to hopefully see price make a downside move. Risk is never usually anymore then 1% max, make sure you move stops to break even if you are trading similar to me...
We finally seen a bit of weakness from the US dollar last week which pushed a few USD cross pairs up... EURUSD included, but I'm expecting price to have another dig back into that new support area around 1.15400 again and possibly further, so my eyes will be pealed probably early London session tomorrow for possible short entry's if price can push up and give...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Sorry had to cut that short because I'm losing my voice again, I will update entry levels on Monday Tuesday... just wanting to show my overall bias so you guys Know what to look for.
Quick update as I expect to see price now make that continuation back to the downside... the importance is obviously limiting that risk so got taken at break even last night but even better confirmation for entry today.
Just thought I should mention this when it comes to entry.. always remember risk appropriate amounts for your size account.
As explained yesterday watching for that continuation move to the downside... currently getting close to entry and will look at jumping in over the next 8 hours.