Forex_Sentralytic

Forex_Sentralytic

Fundamental: No high impact news release coming out in the next 20hrs for The Euro And The USD. Investors staying hopeful on the United States Dollar after Jerome Powell's speech last week at the Jackson Hole Symposium. Further, increases interest rate for the euro might be bad for businesses at the moment due to inflation.... maybe Technical: Mild resistance...

Forex_Sentralytic

Price is currently at the same level as the 4-hour timeframe's 200 EMA (1.07990) which is preventing price from moving up, also CPI release minute's ago and had almost zero effect. CPI results influence INFLATION RATE which influences monetary policy. The immediate impact on the market though is what we care about today so what will it be? I do think it'll break...

Forex_Sentralytic Updated 

Just like last week Friday, I still hold the idea that EURUSD will hit 1.08000. There's no high impact news release today so I'm following the market structure as seen above. Happy trading

Forex_Sentralytic

Hello Traders, didn't post yesterday but trade went well as seen above so, pretty obvious outlook here 😂. Price should fall briefly to the 15 mins 200 EMA and surge to around 1.08000. The vice president of the EUROPEAN CENTRAL BANKS is set to speak in about 1 hr and 30 mins but I don't think it's something that hava a quick impact on the market today. Let's...

Forex_Sentralytic Updated 

Hello Traders, price perfectly went with yesterday's prediction, tho entry was not precise but trade went well as you can see above. Today we have retail Sales releasing and also the US Crude Oil report with consensus that might not really be in favour of the United States or enough impact to help. The area marked in triangle is where I think price could change...

Forex_Sentralytic Updated 

The market went with yesterday's prediction as seen on the chart above. Today we have the Retail Sales Report releasing with a consensus that indicates that more goods have been sold in favour of the Euro In about 5hrs. I think that price will fall a little bit in respect to the 1hr 200 EMA and start to rise again to hit around 1.07450 before falling...

Forex_Sentralytic Updated 

Price fell last Friday due to non-farm payroll results at noon to around 1.07000. Balance of Trade for Germany (Apr) is set to release in 30 mins and might push the price lower to the last order-block. In 2hrs also, PMI is set to release with a consensus that is higher than 50. I expect the price to fall to around 1.06750 and rise to around 1.07400 before falling...