1. Current Market Situation
EUR/USD remains under pressure following DAX's -1.17% decline. Key observations:
Resistance zone: 1.0781-1.0791
Support level: 1.07810
Subdued trading volumes suggest impending volatility
2. Methodology
Our analysis employs:
Proprietary Correlation Indicator tracking:
• DAX/S&P 500 divergence
• EUR/USD's historical response to index movements
• Liquidity cluster levels
Price action analysis (not theoretical models)
3. Correlation Dynamics
Notable patterns:
Classic DAX-EUR negative correlation remains intact
S&P 500 resilience creates interesting divergence
Our indicator detects: 76% chance of false breakout before main move
4. Actionable Trade Plan
Primary Scenario (70% probability):
Sell zone: 1.0781-1.0791
Invalidation Conditions:
DAX rebounds above yesterday's close
EUR/USD sustains above 1.0791
5. Execution Guide
Monitor DAX futures in real-time
Watch for volume spikes at key levels
👉 [Full Analysis] search Evgenii’s Substack
Evgenii’s Substack
EUR/USD remains under pressure following DAX's -1.17% decline. Key observations:
Resistance zone: 1.0781-1.0791
Support level: 1.07810
Subdued trading volumes suggest impending volatility
2. Methodology
Our analysis employs:
Proprietary Correlation Indicator tracking:
• DAX/S&P 500 divergence
• EUR/USD's historical response to index movements
• Liquidity cluster levels
Price action analysis (not theoretical models)
3. Correlation Dynamics
Notable patterns:
Classic DAX-EUR negative correlation remains intact
S&P 500 resilience creates interesting divergence
Our indicator detects: 76% chance of false breakout before main move
4. Actionable Trade Plan
Primary Scenario (70% probability):
Sell zone: 1.0781-1.0791
Invalidation Conditions:
DAX rebounds above yesterday's close
EUR/USD sustains above 1.0791
5. Execution Guide
Monitor DAX futures in real-time
Watch for volume spikes at key levels
👉 [Full Analysis] search Evgenii’s Substack
Evgenii’s Substack
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.
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.