EURUSD only

Meanwhile, on H1...

Waiting for new breakout and London opening or violation of resistance... --> 1.0330 is key retest area and nearest resistance for now...

Happy new trading week to all

Price Action and Key Levels

1. Current Price: EUR/USD is trading near 1.0310, 1.0320, struggling to recover after breaking below the critical support zone of 1.0365, 1.0350
2. Resistance Levels:
   1. 1.0355, 1.0357, 1.0365, 1.0400, 1.0440: Immediate resistance
   2. 1.0530, 1.0575: Major resistance zone

   
   

3. Support Levels:
   1. 1.0300, 1.0290: Psychological and technical support
   2. 1.0220, 1.0177: Long-term bearish target (January’s monthly low)

Breakdown Risks:

1. A sustained close below 1.0350 could accelerate declines toward 1.0200, with parity (1.0000) becoming a realistic target if structural weaknesses persist
2. A bullish reversal requires a decisive breakout above 1.0458, targeting 1.0530, 1.0600

Trade War Impact

1. Trump’s Tariffs: New 10% tariffs on Chinese goods and threats of EU/UK tariffs have fueled USD safe-haven demand. Retaliatory measures from China (15% on U.S. energy imports) add uncertainty
2. Geopolitical Risks: Middle East tensions and U.S.-EU trade disputes continue to favor USD strength

Upcoming Events:

1. Fed Chair Powell’s Testimony (Feb 10–11): Markets will scrutinize his stance on inflation and rate cuts.
2. U.S. CPI Data (Feb 12): A hotter-than-expected reading could solidify Fed hawkishness, pushing EUR/USD lower.

Long-Term Outlook

1. 2025 Bearish Bias: EUR/USD remains near annual lows (1.0330). A sustained break below 1.0470 risks a test of 1.0200 and eventual parity (1.0000)
2. Institutional Forecasts: Median year-end target at 1.0500, contingent on Fed easing and EU recovery

& Risk Management:

1. Use tight stop-loss orders ahead of high-impact events (CPI, Powell testimony)
2. Position sizing should account for heightened volatility

forcast on h4 if not break bellow 1.0287
1.0334 1.0371 1.0409 1.0456 1.0532

My EA is on a buying spree

As per rinse and repeat logic.. I sold here at 1.0328... Next I will watch if 1.0310 area acts supportive or not...

this may fall to 1.028x good luck this week

Three possible scenarios:
Levels to watch 1.032 area
On the upside 1.036 area and 1.042 area
On the down side 1.027 area and 1.023

I have already experienced much more beautiful candles in the EUR/USD, which are at levels proportional to the negative birth rate that we have here.
Good trades

I think it will first touch 1.0350, then begin to fall.

Closing order here at 1.0320 with +8 pips... It was a quick scalper... I am sensing supportive forces the closer we come to 1.0310...

Therefore, I will watch from sidelines for a while..

Now going long here at the dip to 1.0310....

so Trump decided no buys at all

...updated positions:

Closing scalper again, here at 1.0318 with +8 pips... Waiting for next opportunity...

ECB President Lagarde Speaks

From here on forwards: while M15 candles open above 1.0320, no selling anymore!

Edit: Bears are still in control...

Up and down like a winding road

...updated position:

Well, that was a nice 24hr triangle that has run out of space to bound. So, what's next? Got 6 nice trades at 81pips. The last 10hr had some clean waves.

I'm seeing a tight range that is still bear but Trump events are way too scary to hold positions for long. The EUR just has to much downward pressure from Interest Rate policy. Even the previous correction up didn't push up to 1.06 like it should have in the last week of January.