EURUSD only

Meanwhile, on H1...

I will keep it simple today, as I often do, and only watch 1.0390 - 1.0405 resistance area roughly...

As long as H1 candles open below it, I stay bearish (Scenario 1)....

Happy Friday to all

Send me a PM.

good Morning from Austria..happy to be here ! ...anybody trading Euro/usd in Future Marekt ( 6E ) ?

now time to see is bears will take some action

Meanwhile, on H4...

While waiting for bears, I am also noticing the buying pressure to break above ~1.0408 area on H4...

I personally believe that bulls will lose today, but who knows eh? Time always tells better...

First up to 1.0445 then down.

So far bulls have shown no serious power as expected...

From here on forwards, I am anticipating that we will see bears pushing and ramming the doors of 1.0361 until and during NFP data...

key level 1.0409 in daily chart

Very unlikely... ~1.0407 is a strong barrier! But so be it.. if it happens, I don't mind... I sell spikes today anyway!

Best wishes

Something like this.

No long anymore... I will be at short side after now... In proper levels...

NFP Impact (Today’s Key Event)

1. Stronger NFP: Could push EUR/USD below 1.0350, targeting 1.0290, 1.0270.
2. Weaker NFP: May trigger a breakout above 1.0458, aiming for 1.0534–1.0575.

Geopolitical Risks

1. U.S. Tariffs: Trump’s threats of EU tariffs and global trade tensions could fuel USD strength!

NFP Volatility Management

1. Use stop-loss orders and reduced position sizes due to expected extreme price swings!

Good luck!

Up or Down?

NFP coming up. Good Luck guys and have a nice weekend.

now that's a spike

you can say that again

After several hours. 0345 is shy. Closed all positions. Awaiting weakness from bears to load long

Key NFP Data Highlights

1. Headline NFP: 143,000 jobs added (below the consensus of 170,000 and revised December figure of 307,000).
2. Unemployment Rate: Fell to 4.0% (from 4.1%).
3. Wage Growth (YoY): 4.1%, exceeding expectations of 3.8%.
4. Labor Force Participation Rate: Rose slightly to 62.6%.

Immediate Market Reaction
EUR/USD Movement: The pair dipped to 1.0350, testing key support levels, as the USD gained short-term strength despite the weaker headline NFP!

Eurozone Risks

1. US-EU Trade Tensions: Potential tariffs on EU goods by the Trump administration threaten Eurozone growth, with Cipollone warning tariffs could lead to deflationary pressures

Sold the spikes nicely...

I am marking 1.0390 as nearest resistance on H1... Go bears go!