EURUSD
March 24
Price in a bias bull
Price is in a Premium M/W/D
Discount current range and a Discount previous range.
Dealing range pips 29 check back after Asia
No News
March 24 Idea
Always reanalyze after Asia. Price is in a discount, likely to see price seek the 50 level maybe rebalance the FVG. I suspect that higher prices in London and Price to lower in NY. That said however I consider that there is no news today and tomorrow which can present high resistance conditions, stay sharp.
March 23 Analysis
I suspect that we could see lower prices in the beginning of the week and we did!
Price in a premium took minor buy side then lower to the .70 consolidating coming into to London in discount. 2 macro Price seeks session equal highs and FVG to rebalance, in a premium. Price retraces in a whip saw to close London reversing in NY. Small consolation then news driver pushed Price lower taking sell stops and rebalance daily FVG back to a discount. Great delivery!
*My longer term through is still bullish however it seems Price could be gravitating to the 50 level at 1.07000
*Note the event horizon is to the buy side, possible magnet this week.
March 24
Price in a bias bull
Price is in a Premium M/W/D
Discount current range and a Discount previous range.
Dealing range pips 29 check back after Asia
No News
March 24 Idea
Always reanalyze after Asia. Price is in a discount, likely to see price seek the 50 level maybe rebalance the FVG. I suspect that higher prices in London and Price to lower in NY. That said however I consider that there is no news today and tomorrow which can present high resistance conditions, stay sharp.
March 23 Analysis
I suspect that we could see lower prices in the beginning of the week and we did!
Price in a premium took minor buy side then lower to the .70 consolidating coming into to London in discount. 2 macro Price seeks session equal highs and FVG to rebalance, in a premium. Price retraces in a whip saw to close London reversing in NY. Small consolation then news driver pushed Price lower taking sell stops and rebalance daily FVG back to a discount. Great delivery!
*My longer term through is still bullish however it seems Price could be gravitating to the 50 level at 1.07000
*Note the event horizon is to the buy side, possible magnet this week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.