Euro Futures (6E) – Bearish Drift Below ResistanceEuro Futures (6E) appears to be grinding lower showing clear signs of fading bullish momentum.
After a bounce off 1.16160 support on July 17, Euro Futures (6E) made a failed push into 1.17995 resistance on Tuesday, July 22, a level that’s acted as a firm ceiling since June 26.
Since then, price ac
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End-of-Session Market ReviewToday was a solid trading day with some interesting moves across the markets:
S&P 500: The market trended upwards from the open, gradually moving into and above the prior day’s value area, closing near the high of that range.
NASDAQ 100: After some initial back-and-forth, it climbed above the prio
That Wasn’t a Breakout, That Was a Mugging!The Euro thought it could sneak one past the quant crowd. It creeped up into 1.1690–1.1710, broke some weak highs, and even teased a breakout. Then boom! rejected harder than a dodgy NFT pitch in 2024.
We're inside a bearish channel, mid-supply zone, and price just faked out everyone chasing the
Trading Day SummaryTrading Day Summary
Today wasn’t a winning day on the books, but it was a major win in discipline.
I hit my daily loss limit before 10 AM, stopped live trading, and switched over to paper trades to protect my capital.
The setups I took—especially in Gold and Euro—lacked full confirmation, and one
Retrace and get long Current fundamental analysis suggest long euro short dollar options market suggest that people are starting to prefer puts in later expirations but put call ratio still about one cause call premium is up compared to put For September expiration also ecb not expected to cut rates while the fed is ant
Euro LongsI've been waiting for euro to reach discount of its daily range and deliver into a daily BISI.
Mon - Wed trade lower into key arrays. Intraweek reversal confirmed with 4h and 1h CISD. Paired with Pound SMT at the daily lows.
LRLR built up from last weeks pullback. That bsl looks too obvious to me.
Pre-Market Prep
Today, I'm narrowing down to six key markets. For the S&P, it's all about waiting for a pullback from the prior day's high or a breakout above the CVA. If it dips back inside the range, I'm ready to go short with some scalps.
For the NASDAQ, it's looking strong. I'm thinking about a long position
EUR/USD Resumes Bearish Trend Below $1.176FenzoFx—EUR/USD trades bearish, below the 100-SMA, and is currently testing the bullish FVG as support. Yesterday, Euro failed to pass the immediate resistance at $1.176; therefore, we expect the bearish bias to resume.
In this scenario, EUR/USD's downtrend could extend to the next support level at
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of EUR/USD Futures is 1.17764 USD — it has risen 0.32% in the past 24 hours. Watch EUR/USD Futures price in more detail on the chart.
The volume of EUR/USD Futures is 1.02 K. Track more important stats on the EUR/USD Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For EUR/USD Futures this number is 40.17 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for EUR/USD Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for EUR/USD Futures. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of EUR/USD Futures technicals for a more comprehensive analysis.