EURUSD only

I can, but may not the real story behind and today for me all I care from news and after is how the price is going to end before the end of quarter tomorrow with US PCE on the horizon. So while we wait to see what exactly is happening, we can relate a lot of things!

Update Pivots & Range . . . . ( pre-open & post GDP numbers )

Attached Image (click to enlarge)

Using candlestick patterns to estimate targets. Fx Bible

Some light reading for the weekend

Based on H1, I am marking ~1.0802 as nearest support...

took a small long just remembered we have news in 5 minutes, good luck y'all

Quick H4 Outlook

Added and removed a few things from chart, but overall, same chart. Today's drop doesn't fit into the picture. Complete bogus IMHO!

Long story short: I am bullish while candles open above ~1.0794! Can bulls make it into the VOID? Let's see...

News would have hit my main tp but I learned not to gamble when it comes to news, that would it from me for today good luck to all of you still trading

All the news today is in USD's favour. The current price action looks like a rubber band to me

Added 1.0817 and closed 1.0810 same Sl

Adding shorts

All this choppiness is unconvincing whatsoever

Hi All,

This is my EURUSD 28 Mar 2024 W13 – Intraday Analysis – US GDP/Jobless (Ramadan Late Analysis)

Always highly appreciate your feedback.

Amr Sadek
www.amrsadek.net

They are giving bulls something to chew on.
I will be selling any spikes until bear targets are done.

The US economic news may not have been the primary driver of EUR/USD's bounce back from its low at 1.0775. Instead, it could have been influenced by other market factors or a simple technical rebound from oversold levels. In that case, it's important to consider the broader market context and other potential drivers of price movement. For example, market sentiment, technical analysis, and volatility can all play a role in shaping EUR/USD's short-term direction. Regardless of the specific factors at play, it's clear that EUR/USD has found a new range to consolidate within (1.0826 and 1.0775) at least for the time being.

US PCE release will be a crucial piece of economic data to watch tomorrow, it'll be interesting to see how the market reacts and whether this data alters expectations around US interest rates. Of-course, it's worth keeping in mind that this release comes during an Easter bank holiday, which could impact market liquidity and volatility.

4 hours


Have a great rest of the day!

Looking at 1.763/1.075

It seems bears are going to win this game.. btw today was a very profitable day. Hopefully everyone else banked some $$.

Bulls have vanished...
Open the gates for mambo number 5 !! No, No! Swing number 9

next week will be interesting if 0800 continue to act as resistance level!