DXY- The start of a new journey?DXY has broken a previous high and has escaped this range scenario from 01/01/22, Price has now formed a flag or consolidation above this high. If we take the length of the flag pole and extend it above the flag itself we can see this price ends up in this area of previous value, in my opinion USD is likely to make a move here. We can look for tell tale signs of selling of in risk assets to add fuel to the fire here. You can also check my EURUSD Idea on how to potentially make some profits in the upcoming moves.
EU
EURUSDEURUSD on the Daily chart has broken the June 2023 Low and we have returned to the price and have started to build value under it, with this consolidation/flag forming, we can wait for a breakout of this flag to look for downside momentum with the dashed lines forming potential take profits on the way down. SPX is also looking weak currently, we could see the DXY gain some momentum.
EURUSD - Story Time (ICT)This is just a possible narrative that may unfold. Do not trade based on this without the proper confirmation. This is not a signal.
If Phase 2 extends higher, then will look for possible NY/News reversal. If price breaks utmost swing high, then I will post where I think price will likely gravitate towards to.
EU - Daily Timeframe Analysis (ICT)Very nice delivery in price lately.
Wednesday reached into the Weekly Sibi and 4-day Sibi which coincided with a bearish Mitigation Block's wick. Thursday pushed up one more time to trap buyers, as well as touching the bottom of a NWOG. CPI on Thursday trapped and liquidated many buyers with it's immediate drop lower. Friday continued lower, leaving a Daily Sibi in it's wake to close the week.
I'm very interested in this created Daily Sibi if price would enter it before reaching any major objective on the higher timeframe narrative. Specifically, the Daily Bisi turned iFVG. Residing there is a NMOG, and the Mean Threshold of a clean Daily Breaker Block on Forex.com, which only shows a gap on FXCM. Planning out a swing short around there would be high-probability in my opinion.
EURUSD 9/10/23Our final pair for this week Euro USD you can see that we are in again a bullish swing range this swing range was only confirmed after price shifted lower from the market open gap again this holds less probability when it comes to confirming a truly manipulated high within our swing range but as it stands we will look at it as a true breaker structure since this breaker structure we have tapped into our only unmitigated POI and we have seen a bullish move up we have not come up to fill the gap yet, But as we are in a bullish range it makes the fulfilment of this gap even more probable of course we will look towards our Tuesday sessions for our true price movements as today is a bank holiday but we will continue to follow price action to see if we can get some short term moves until this gap and range is fulfilled
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
EUR/USD Pre-nfp AnalysisEU this week got nice run to the downside as expected in the last EU analysis that you can check on my profile, these past few days we entered in two consolitdations which is the typical price action before NFP, and formed MMSM, I'm expecting NFP to push EU higher to the 1h FVG and I would be looking for some confirmations in the lower times frames to take a sell down to initial consolidation .
EUR/USD AnalysisAs expected yesterday on our analysis that you can find on my profile, EU got a nice run down from the 1h OB, now I'm waiting to see if we get some retracement into the hourly FVG before taking the liquidity below 1.04880, if it's the case it would be a second opportunity to get involved on sell .
EU Reversal Anticipation - Long BiasEU outlook.
According to my DXY bias, I'm anticipating higher prices on EUR/USD. I don't believe this is the end of the road for higher prices.
Looking for possible one more fall into the Daily FVG and Weekly iFVG. There is a nice setup for a long already on the lower timeframes, which could pan out before dropping further.
Same thing, anticipating the Monthly Power of 3.
Waiting for confirmation to validate this bias and narrative.
EURUSD 24/9.23EU oh look another sell side swing range with a rather large space above, oh and liquid gathering above our highs almost as if we have seen this in nearly all our other USD related pairs this Sunday!
In short we are looking for a bearish move due to our range we sit in but of course we aren't expecting a run higher for then a full drop lower as our range is massively oversized. from what we have seen and what we know of these kind of range normally we see the short term price action take over the overall move but until this happens we stick to what we have!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
EUR/USD AnalysisHello traders, as expected in the previous analysis that you can find on my profile EU had nice run to downside, coming to next week I'm expecting it to continue the bearish momentum the next long term draw of liquidity would be 1.05183, from a short term perspective I think this pair will take the liquidity shown on the chart before a further dump, in this kind of situations I'm intrested only on sells .
EU - Weekly Timeframe Analysis (ICT)EURUSD is still digging lower, recently attacking Sellside Liquidity in the form of relative equal lows and a Monthly low.
On the Weekly timeframe there is nothing that piques my interest. Price has been going from PDA to PDA on its way down. I still anticipate it heading low for more relative equal lows, which coincides with my bullish bias for the DXY.
LIQUIDITY MATTERS! Global liquidity vs #BitcoinLook at how the bullish green arrows and bearish red arrows show how global liquidity correlates HEAVILY with the direction of Bitcoin. T
You don't have to be a genius to see how beautiful this correlation is.
And how sensitive #BTC is to excess capital in the system.
As a risk on asset
When ppl have easy money to gamble with , a portion of that ends up in the #Crypto markets.
Currently you can see how aggressive the withdrawal of liquidity is across the globe
In the USA, EU, China & Japan.
EU - Weekly Timeframe Analysis Contrary to GBPUSD, EURUSD ended last week with a very bearish candle, couple with relative equal lows.
A point of interest for me at the moment is the Weekly iFVG residing above to be used as resistance, especially if price does not break the nearest Weekly Lows to the left with any conviction.
Based on my bullishness on DXY, I see EURUSD digging deeper towards Sellside. Also compared to GBPUSD's Commitment of Traders report, EURUSD had a significant decrease in large spec long positions. EURGBP should be quite explosive soon.
EU - Monthly Timeframe Analysis (ICT)EURUSD is clearly heading lower on the Monthly chart. There was a sharp rejection at the large NWOG above, after taking out a Monthly High, and the Monthly candle failed to close above the previous Month's highs.
Now we have displaced towards the low of the recent intermediate Monthly Low. I don't see us heading to new highs from here, and at the very most a manipulative expansion to the upside to shake out short sellers.
We are likely heading towards the Monthly Bisi at the very least in my opinion at face value. See my DXY analysis for more correlation and context.
EURUSD SHORT!!!Hey Traders,
We are here again with analysis of EU,
So what we seeing is clear, price breaking bellow however we didn't confirm iit yet in higher TF, So for now we expect price to move downward as soon as we have pull back to the resistance level determined on the chart ,
We expect to reach to the base zone in the demand area, after that lets see which direction price chooses,
Be careful , keeping capital safe is the most important thing in trading and staying in the market
Thank you,
@FxShzd Team
EURUSD - SWING TRADE SETUPFOREXCOM:EURUSD
Hello traders,
Been a while since I posted my setups here.
Here is my EURUSD chart analysis.
Price hit my weekly bullish PD array and then created a bullish shift in market structure on 4H as a confirmation of the weekly bullish PD array.
This bullish shift in market structure on 4H shows that price is showing a willingness to go bullish for a swing move off the weekly bullish PD array.
So right now I am 60% bullish on EURUSD.
ENTRY
I will be entering a swing buy on EURUSD if price retrace back to my bullish order block at the low of the current bullish move that broke the recent high.
I hope this helps you.
If you have any issues or need help or clarity, feel free to send me a private message in my inbox here.
EURUSD SHORT!! EYES ON DATA!What we see on the EU is quite clear,
So we expect price to have bearish move in higher time-frame, in lower time frame we can collect some orders just above then we start out bearish move,
I do not believe we break 1.08464,
This week is challenging week for EU as we have different data coming in euro-zone,
SO you have to be careful of the data and you have to study them properly then imply them on the chart,
For now we are above important demand zone we expect to collect more liquidity from above to have a strong bearish move,
Personally waiting for London Session to open then decide and see how it goes,
Any question comment me bellow!
@FxShzd team
EURUSD - Monday BiasOANDA:EURUSD
My Bias for EU on Monday is bullish.
I expect to see a break of structure to the upside and a retracement which is where I will enter from.
This is based on how the Friday candle closed.
The candle suggested that price want to give a bullish retracement on lower time frames which means Monday or Tuesday price might be bullish even though the short term trend on daily is bearish.
EU - Weekly Timeframe Analysis (ICT)Price displaced up, to and through the NWOG, stopping almost exactly the top on the weekly timeframe before getting rejected almost just as quickly as it got there.
The previous week traded into a weekly FVG above, and in IOFED fashion it displaced back down to a weekly iFVG.
Currently, price is at equilibrium and could go either way from here. I will be waiting to see if price trades through the iFVG below, or back higher to use the previous FVG as possible support. Only time will tell.