EURUSD only

Nah... to me these bears are still not convincing.. I see 1.0822 as temporary support on H1 and H4 so my basic view is that we will first have some correction (Wave C) and then back down... I believe in bears but I am in no rush!

Hi All,

This is my EURUSD 27 Mar 2024 W13 – Intraday Analysis (Ramadan Late Analysis)

Always highly appreciate your feedback.

Amr Sadek
www.amrsadek.net

Closed both shorts at 1.0818 for an average 35 pips each.

As we approach Thursday, it appears that EUR/USD remains confined within the 1.0864 - 1.0802 range, highlighting the market's uncertainty and lack of conviction during this period. The anticipation of upcoming economic data, such as US GDP and Initial Jobless Claims, may be keeping traders on the sidelines until more information is available.

In times like these, it's essential to remain patient and not force trades. Instead, focus on monitoring the key levels of support and resistance and watch for potential breakouts or breakdowns that could signal a shift in market sentiment. Remember, sometimes the best trade is no trade, especially when the market is stuck in a tight range or is directionless.

As always, stick to your trading plan and risk management strategy, and be prepared to act on opportunities when they arise.

Have a fantastic day! It's been a pleasure chatting with you today, and I look forward to our next conversation tomorrow. Until then, take care and stay vigilant in the markets!

Based on h1: There's not much to say. The euro is under strong selling pressure. The coloured lines on the chart are strong liquidity points. I think the euro will test those levels tomorrow.

Good evening, I hope you are well. For tomorrow, I have marked 1.0838 as resistance, and 1.0818 as support. 1H chart;

Hello, I hope everyone is well.
Some Buy Limit entries were accepted today on this latest bottom looking at 1.0900.

Happy Thursday

Still within the range, bear need to break 0795-0800 to complete h&s on daily

to protect profit closing half shorts here

Close in BE, because my bias today is Bullish.
Overall Profit (since 27/03/2024): 0%

BUY STOP EURUSD @1.08263 (posted 03.05)
TP: 1.08743 (48 pips)
SL: 1.08023 (24 pips)
Risk 2%

Activated at 05.44

EU dropped down at 1.0808 at the opening after it reached a high of 1.0829 the high of the range for today, now its recovering looking to test this previous high and threaten 1.0839. A failure to hold above 1.0800 and 1.0795 will open the way to 1.0765.

Daily volatility (range) 34 pips

Significant news - US Initial Jobless Claims, US GDP QoQ, University Michigan Sentiment

15 min

Green pips!

Good morning everyone, hope all is well with everybody. Here is a small analysis from me.

Good morning fellow traders, today, we are focusing on two setups—one from yesterday and one for today. We have five critical news events affecting the dollar, which should bring about volatility in the market. I anticipate these events will drive prices to touch my predetermined zones, allowing for aggressive selling opportunities. Wishing each of you a successful day in the markets.

Shorting US $ or longing EU is very risky from this point, in my opinion.

today I’m going to watch only one data, US claims number. Eu bulls need a bad number.
This will take it above 1.0850 - 1.0870.

Come on my lovely/noughty bears!

cash cow is here! Finally we are at this level again

Quick H4 Outlook

1. To me this pair acts like a stubborn toddler. In old days it definitely would a get a gentle slap on its baby popo.
2. Bears stubbornly entering into the same zone for a retest that was target zone some time ago. Why this hurry though? You will get lower no worries, but why this rush? Why this eager? Damn!
3. That said, I simply wait... I am NOT convinced with this drop. There is a large zone of VOID waiting to be revisited first and this drop doesn't feel normal to me. It feels premature, just thinking out loud folks.

Happy trading day to all

Agree! Short here