Only EURUSD

correct bear power is insane

Done for the day! Will look for more short time opportunities if a break happens lower. I am also longer time seller from higher waiting 1.0331.

Today looks more possible now!

We are so close

Bears avoiding it! Maybe they take it out at US news.

If yes, Then nearest resistance at 1.0389 to 1.0391!

Add 1.0402, 1.0406!

Sounds like a solid plan! Are you watching any key levels for confirmation?

Looking at price action the most below 1.0400.

Dropping to target. Slow and steady wins the race!

eu long for now

Took the London low, on a Friday, where there is no more news to move things big and liquidity brought it back up. I should have just placed a buy order on the break of the London low, ugh.

The market is currently experiencing end-of-month flows following the drop in German CPI, which signals further easing by the ECB in the coming months, while the US PCE data aligns with market expectations for the Fed to maintain current rates at the March meeting. Additionally, Trump's tariff proposals are significantly contributing to the recent downtrend in EUR/USD, affecting trade flows and prices. I'm keeping an eye on the developments with the proposed 25% US tariffs on Canada and Mexico. I'll resume trading from Monday after the market opens.

It was great trading with everyone, have a fantastic weekend!

down

EURUSD experienced a volatile week, closing lower after meetings by the Federal Reserve and the European Central Bank, highlighted divergent monetary policies and looming tariff threats.

Technically, the pair is currently positioned between the support level of 1.0331 and resistance at 1.0467, suggesting a bearish outlook for the upcoming week, as observed in larger timeframes. Should negative news emerge, EURUSD might further decline towards the round number of 1.0300 or even the low of 1.0258. Conversely, if market sentiment improves, EURUSD could break through the resistance at 1.0467, potentially targeting 1.0495 & 1.0534 next.

Happy weekend!


Weekly volatility (range) 105 pips

Option expiries for Monday: 1.0400 (EU1.82b), 1.0325 (EU1.49b), 1.0425 (EU1.02b) Source: financialjuice.com

Significant news - US JOLTS Job Openings, Factory Orders, US Trade Balance, US Initial Jobless Claims, US Nonfarm Payrolls & University Michigan Sentiment Prelim.

4H

A former Canadian Minister and Liberal Party candidate has released a statement on U.S. President Donald Trump’s plans to establish tariffs on products imported from Canada, saying that the country should respond by imposing a 100-percent tariff on Tesla’s vehicles and other products.


If this is true we may have volatility this week

It's gonna be a trade war

eurusd and dxy
trendlines
patterns: falling wedge

technical outlook for the new week
but Trump is Trump...