EURUSD

there is no doubt in my mind that this pair is now correcting in the southern direction. H1.

This process already started on Friday afternoon/evening.

EURUSD price action on the daily time frame made a 61.8/78.6 bullish correction of the 1.14940/0.95350 bearish trading range and turned southwards. Meanwhile, it is tackling a minor horizontal support area near the much more significant 1.05000/1.03310 horizontal support zone (green), and presently in consolidation. We may see a northward liquidity engineering before further southward drive.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

JY ---E. --- BP --- 5' --- Very strange behaviour...all falling together....

I kept all my shorts in E. and BP . I just entered long $JY and will add if more weakness continues.

Have a good trading week , all, crew.

JY ... Added at 133.02 --- I consider 133 a significant LOW

JY 5' --- Well underwater crew...@@@!!!

JY --- E. --- BP ---5' -----------New shorts as shown . No change in JY

Added new short in BP now.

JY --- E. ---BP ---5' -------------- Entered SLs to all my positions.......

JY - 5' --- My E. and BP trades were all stoped..... Only JY is alive and well. I lifted SL , as shown .

My Daily flip point 1.0733 if price stay above this level buy / below sell.

Little analitic from Kaldir

At the moment, the strengthening of the euro against the dollar can be observed in the global financial markets. This may be due to the fact that the European Central Bank continues to keep interest rates low, while the US Federal Reserve began to raise interest rates. Moreover, economic data from Europe, such as the PMI and retail sales, show improvement, which may support the euro's growth.
However, it is also necessary to take into account other factors that may affect the EURUSD exchange rate.
For example, changing geopolitical environments such as trade wars or political crises can cause markets to fluctuate and affect exchange rates. In addition, changes in the global economic situation, such as changes in oil prices or inflation expectations, can also affect the EURUSD exchange rate.
At the moment, I can assume that the EURUSD rate may continue to strengthen in the near future.

JY 5' --- I take my profits on short $JY here now

Longed now here as shown

and fulfilled.

I am long this pair and am aiming for 800+ pips. i will update this post as things develop. entry price is .0522

this pair is not moving in the usual way now. he shouldn't have gotten up. due to certain factors. if this continues, an unexpected southward direction correction is possible.
H1
just carefully.

Back to the old price channel.

Exited my long as shown , here.

ECB rates coming out tomorrow look for Euro/Usd Rally HARD.

Expected increase 0.5% could surprise 0.75% I'm longing Eur/usd back to highs 1.09-1.10 ( Feb 2-3 2023 )

#EURUSD / H1