EURUSD only

Quick DAILY Outlook

1. Price is now trapped inside two breakout levels: ~1.0837 as resistance and ~1.0739 as support.
2. In between, there is the nearest support sitting at 1.0792 for today and helping bulls to continue pushing.
3. If bulls can not break above 1.0837 today or tomorrow, bears will definitely try to break below the supportive trendline.
4. So for today: I prefer to buy dips towards ~1.0792 and would like to watch if bulls can break above ~1.0837 resistance.
5. Tomorrow, I first would like to see where DAILY candle opens. If D1 candle opens below ~1.0808, I would switch to selling spikes.

Happy new trading week to all

...woke up and no attempt from me to close my positions:

Anyhow, this week, my strategy is to sell at the highs and keep an eye on the price around 1.07000. However, I will remain flexible and adapt my approach to risk management, always prioritizing risk mitigation and avoiding unnecessary risk.

DXY Based on 1H
Last week the price moved against my expectations. The weekly FVG (purple line) now seems to be filled. We should not forget that it is still bullish in the main wave, if there is a reversal from the internal structure, we can target the BSL zone. We should not forget that there is CPI on Thursday. Have a good week.

Good Morning, Gang,
Plan for today. Let's see

Cheers

Tech analysis from Trading central


EUR/USD is neutral





Pivot 1.0910

Our preference
Short positions below 1.0910 with targets at 1.0670 & 1.0600 in extension.

Alternative scenario
Above 1.0910 look for further upside with 1.1000 & 1.1140 as targets.

Comment
The upward potential is likely to be limited by the resistance at 1.0910.

Supports and resistances
1.1140
1.1000
1.0910
1.0823 Last
1.0670
1.0600
1.0515

Meanwhile, on H1...

Simple breakout logic still intact... No bears yet! Buy dips until this logic fails... Rinse and repeat

Good morning , I hope you are great. The bears might be trying now, on 5M. 5M, and 1H charts;

Bears might pierce through 1.0827... but until 1.0808 I still favor bulls.. Once/IF any H1 candle closes below 1.0808 I would consider selling.. Let's see..

From here on forwards and based on H1:

1. I am marking 1.0838 as nearest support..
2. Once/IF any H1 candle closes below it I might switch to selling, but until then I keep my intraday bullish bias.

Just thought this was an interesting pic with "history repeating" and all that....
(The two boxes)

No red news would just sit stilll today

From here on forwards, bears must watch if 1.0840 resists... It looks like it will.. Let's see..

If the CPI doesn't spoil the job, I think the Euro will be bearish this week, for now we have to continue with the bears, they will probably go to the river

Taking profit now. Lot's of US news of rising prices in lodging, fuel, food, and big time rising taxes and insurance. This may delay FED rate cut.

I'll watch for now, waiting next clues. The bad candle today tells bulls to step aside

Based on the current technicals and fundamentals, a bearish bias seems to be the more prudent approach.

With a hawkish ECB, a potentially dovish Fed, and technical indicators aligning with the bearish sentiment, our beloved pair could experience a downward trend in the short term.

However, as always, it’s crucial to stay flexible and adaptive in your trading strategy.

Good evening, I hope you are alright. For tomorrow, I've marked 1.0836 as resistance, and 1.0814 as support. 1H chart;

Good night friends.
I share a little of my analysis with you.
I accept constructive criticism.
GOOD LUCK GUYS!!!

We haven't seen anything yet

Short.

It's not a very pretty H&S (I've heard that somewhere else before...) but it's there.

PA is still battling on that weekly TL (white) so signals could be full of falsity. I feel the market needs a nudge from news to actually go anywhere. I have being scalping 10 or so pips within range that has been going well enough.

Lets see if PA can get a bit of range in this move.
(I'm willing to give this a little extra room if I see the sellers come on board)