Fxtrading
EURUSD1D short context + 1h short context confirmation
My target hasnt changed - PWL
If we will make a fractal i will open short possition
Euro will be below US Dollar Parity in Very near years to comeThe Euro will need to devalue itself against the dollar. If US companies have not repatriated some assets back to the US at the time prior to tariffs, they should do so now. Strength of the dollar should continue into the next decade.
EURUSDHi all!
In view of the news, the goals for the day were achieved in view of the news, I recommend refraining from trading until the meeting on Monday
British Pound Plunges as Bank of England Holds Interest RatesI bring today is far from uplifting. As you may already be aware, the British Pound (GBP) has taken a significant hit in the wake of the recent decision by the Bank of England (BoE) to hold interest rates steady. This unforeseen turn of events has left many traders like yourself feeling disheartened and uncertain about the future of GBP.
The BoE's decision to maintain interest rates has sent shockwaves throughout the financial markets, triggering a substantial decline in the value of the British Pound. This unfortunate turn of events has left the currency vulnerable and exposed to further downside risks. While it is indeed disheartening to witness such a decline, it is crucial for us to adapt and seize opportunities even in the face of adversity.
Given the current state of affairs, I would like to encourage you to consider taking advantage of the situation by exploring short positions on GBP. The downward trajectory of the British Pound may present an opportunity for you to potentially profit from this unfortunate turn of events. However, please remember that trading involves risks, and it is essential to conduct thorough analysis and consider your risk tolerance before making any investment decisions.
In times like these, it is crucial for traders like yourself to stay informed and adapt to the ever-changing market conditions. Monitoring economic indicators, central bank decisions, and geopolitical developments will be key in navigating the turbulent waters of the foreign exchange market.
If you require any further information or assistance regarding shorting GBP or any other trading-related queries, please don't hesitate to comment below. We are here to support you and provide you with the necessary guidance to make informed trading decisions during these challenging times.
Remember, even in the face of adversity, the trading world remains full of opportunities. By staying informed, adapting your strategies, and seeking professional advice, you can navigate these uncertain waters and potentially turn this unfortunate situation to your advantage.
GBPUSDHello, everyone! The British pound had an excellent move today in response to the news. I'm looking at the 1D+1h context being short, along with the 1-hour order flow also indicating a short position. I anticipate the London high being taken out, with the potential for further downside continuation.
EURUSD 1D
Hello, everyone! I suggest analyzing three potential scenarios for the development of events on the #EURUSD pair using the higher timeframe.
1 (marked in black on the chart) - Currently, we are in the imbalance zone of the 1D timeframe. Potentially, the price may clear the imbalance and continue moving downwards, possibly making new lows.
2 (marked in red on the chart) - Based on confirmed order flow, we might see the price in the 1.08 zone for liquidity removal, with the potential for a downward move, similar to previous instances marked in red.
3 (marked in green on the chart) - This scenario could become valid if the price reaches and consolidates above the 1.08 level. In this case, the previous order flow would act as continuous liquidity.
Have a great day, everyone!
Gold,1hOur hourly chart, displays Gold about to hit it's restince level, dealing around 1930.380 US Dollars, during the current trading session, before a possible huge Pullback into it's support line around 1916.659 US Dollars.
Gold hit one-week highs on Monday ahead of U.S. Federal Reserve's policy decision this week, where it is overwhelmingly expected to keep interest rates steady, but investors will be watching the central bank's language on future rates.
Spot gold
GOLD
gained 0.2% to $1,926.71 per ounce by 1027 GMT. U.S. gold futures
GOLD
were up 0.1% to $1,948.20.
Investors over the week would be looking at policy decisions by the Fed on Wednesday, the Bank of England on Thursday and the Bank of Japan due on Friday
The Candle confirmation after the resistance line is always important.
Follow on Social Media
IG: Kellion_GM
FB: Westport_Capital_Management
Westport, we trade confidence!!
EURUSDNY session scenario
If the Frankfurt high will be sweeped , it can be considered invalidated, which may present a potential target for opening a position in short possition
EURUSDHi all
If there is no confirmation or consolidation on the hourly timeframe,I expect a model for entry with targets in the Asian low.
CADCHFNot too long ago I had published an idea about the $FX:CADCHF. Go check it out! However, I never took my eyes off of it, and due to that it made me dig deeper from a higher perspective... I came to the conclusion that this particular pair recently experienced something that's more than likely going to shift it's momentum for some time.
My reasoning..
Daily:
1. P.A. swept EQ highs
2. V shape pattern (bull's favor)
3. Bullish market structure
Weekly:
1. Strong bullish momentum after lowest point in the market.
2. Demand formed (untouched)
3. P.A. is set to reclaim a previous key level to the upside.
4. Triple key lows swept (liquidity grab)
Monthly:
1. After break of current L.H. (0.6898) the trend flips.
2. P.A. hit lowest levels in the market a couple months ago.
For these reasons I am bullish. Even though this isn't a currency pair I track & trade, this is me making an exception. I am publishing this for me, personally, but feel free to tag along if you like!
P.S. If ever curious about anything, ask.
Overvalued (+10%) Central European Currencies vs. USDInflation induced rate differentials over nominal exchange rates drove a steady (almost uniform) overvaluation of the Central European Currencies vs. the USD.
With present premiums around +10% a swift, near term correction is ever more likely.
LONG USDHUF, USDPLN, USDRON, USDCZK
EURUSDHello, everyone!
Yesterday turned out to be extremely interesting from a technical perspective with regard to price action and liquidity. Locally, I anticipate a potential opportunity to open a position in New York with targets set at the PDL (Previous Daily Low).
EURUSD shortAs EU in Tuesday closed below the breaker, During London session I would like to see price to go higher and do retest in Breaker and there is also 4 hourly fair value gap , where EU can do reprice.In New York session I would like to see price going lower to take Tuesday low .
EURUSDHello everyone, today's review is on the Euro-Dollar pair. The higher timeframe still remains bearish. In New York, we have a lot of news that will likely remove liquidity above, confirming the order flow. The strong liquidity zone remains at the equal highs of the Asian session.
I plan to continue working on the short side after liq sweep
audusd smartmoney concepthi my lovly member
this structure by rtm and smc on audusd
my concept is buy
please support me and send your idea in comment
EURUSD#EURUSD
Hello everyone! The price is moving within the expected movement I outlined since yesterday. We have successfully covered the imbalance zone on the 1D timeframe. The logical next target will be the PWL (prev. week low) I plan to work with order flow until we reach the subsequent lows indicated on the chart.
AUDSEK 12/09 MovePair : AUDSEK ( Australian Dollar / Swedish Krone )
Description :
Completed " 123 " Impulsive and Making its " 4TH " Impulsive Wave at Fibonacci Level - 61.80%. Bullish Channel as an Corrective Pattern in Short Time Frame if it Rejects from the Upper Trend Line / Demand Zone then Long Term Sell
EURUSDHello everyone, Euro-Dollar pair review. At the moment, we have two possible scenarios. The first one, highlighted in red, involves confirming the order flow by breaking the Asian high, after which we'll continue the decline towards the PWL. The second scenario, marked in black, is to break the current order flow to cover the imbalance zone on the daily timeframe.
The daily timeframe remains strongly bearish.
BluetonaFX - AUDUSD Looking For DirectionHi Traders,
AUDUSD has been stuck roughly in a 165-pip range for the past few weeks and is looking for a direction to continue in. Looking at the price action on the 3H chart, we have drawn the supply and demand zones for you to see. There have been numerous price rejections at the supply zone; the demand zone is at its yearly low of 0.63574. The price action is leading to the bearish side for a few reasons: firstly, the market has rejected any upside push to the supply area around the 0.65000 area; secondly, there has been no momentum push to the upside when the market reaches the demand zone, which indicates a lack of buying power; and lastly, we are still under the 20 EMA.
That being said, to continue with a bearish bias, the market must break the yearly low at 0.63574 with momentum to continue down. If this does not happen, there is likely to be price rejection here, and we are likely to head back up towards the 0.64000 area.
Please do not forget to like, comment, and follow, as your support greatly helps.
Thank you for your support.
BluetonaFX
EURUSDHello, everyone!
I'd like to share my idea regarding EUR/USD for today. I want to highlight the excellent liquidity dynamics on both lower and higher timeframes. We are currently forming an order flow on the hourly timeframe around Asian highs, and we have seen a significant impulsive move with the clearing of imbalances from Frankfurt. The logical point for the end of the current movement can be considered a test/consolidation below 1.064. Currently, I'm strictly focused on the short side, and if anything changes, I will keep you updated.
AUDNZD: Your Trading Plan Explained 🇦🇺🇳🇿
One more instrument that we discussed on the today's live session is AUDNZD.
The market is currently testing a confluence zone based on a rising trend line and a horizontal support.
To buy the pair with a confirmation, wait for a bullish breakout of the resistance of a horizontal trading range on an hourly time frame.
You need an hourly candle close above 1.0859 to confirm the violation.
A bullish continuation will be anticipated to 1.0878 then.
Alternatively, a bearish breakout of a trend line will be a strong bearish signal.
❤️Please, support my work with like, thank you!❤️
