EUR STRENGTH IN ASIA Neutral at the time news today // UK Time 10am - ZEW 13:30pm - US PPI
EUR USD, was looking for sells today, Chopping market ahead of CPI this week, No real movement in Europe session and range bound so far in the US session Not going in the direction so cut it short and wont hold +16 pips for the day until tomorrow
Not much movement through the Europe Session Let see if we can Break lower in the US session have reduced my risk on some positions
Looking for Sells today EUR USD Currently trading under the daily Pivot #EURUSD #sell #forex #DXY #Dollar
after the core inflation news today and Dollar strength, after such a big downwards move going to wait for a pull back.
think we could see some EUR pull back today before we start to see sellers for EUR USD this week i am around some dollar strength. DXY have a nice break out of structure at the end of last week
There is news today so will not be trading until we know the Data. Euro bullish but could change after the news today UK time 13:30pm - US core inflation / CPI 19:00pm - FOMC mins
if the Dollar can keep support above 103.00 will be looking for EUR USD shorts
What a sell off that was yesterday biggest sell off in the Euro since march 2020 Looking for sells today #EURUSD
Still bullish at the time But think we could see a roll over soon is everyone still think more potential EURUSD to the upside?
#EURUSD if we can break the 38% retracement on the daily view. i see this getting back to the 50% currently stuck between the daily 50 MA and 200 MA
next level for me is 1.0900 / 1.09500 upside is limited, expecting to see a roll over soon. But not yet
next levels 1.07000 - 1.07500 these are targets but any further up side could be limited
Preference for today looking for buys above the daily Pivot if the trend line still remains and we do not break through this looking for around a 30 pip move to the upside, back to the Asia high EUR inflation rate data release at 10am today (UK time)
news today inflation rate date @ 07:45 - EUR PMI date @ 09:00 - EUR PMI DATE @ 15:00 USA 19:00 FOMC MINUTES DAILY SET UP below 1.056000 looking for shorts with targets 1.05300 anything above 1.05600 do not look for sells
On the DXY weekly chart we have seen a pull back and sell off If we can break above 106.000 level and hold, we could potentially see a rally to the upside
1.0500 next for EUR USD in the short term? Daily trend has been Bullish, but if we take a look at the weekly to me this just looks like a pull back before the move continues to down side
Bias today is EUR USD shorts Any of the points will be looking to sell 1pm UK time European inflation data is released