In this video I go over the price action for this week (Friday April 28th) and what to look forward to in next week's potential price action.
In this Video, I go over the EUR/USD and this week's price action. Looks pretty flat as of right now with just one more day left in the week but we'll have to see how we end up and prepare for the upcoming trading week.
End of Week Recap of the EUR/USD and the current long positions. In this video I take a look at how the EUR/USD has progressed and how I am looking to manage my long trades moving forward in the current uptrend.
A look ahead in this EUR/USD Mid-Week Analysis. The Bulls have been making a strong effort to continue this upside trend and target the 1.1100 zone. The long term perspective looks bullish so we'll have to see how we finish out the week especially with NFP this upcoming Friday. Trade Safe and Manage your Risk.
The MACD has shown trend continuation divergence (A.K.A "Hidden Divergence"). After the price action found footing at that pivotal zone (1.0550 - 1.0600), the Bulls appear to be gaining some strength. We have a strong gap to fill around 1.0640 but we'll have to see what happens during CPI numbers tomorrow morning. Based off of the longer term time frames,...
In this video, I go over the mid week technical analysis on the EUR/USD and what I see potentially unfolding on both the Bullish and Bearish side. We have FOMC next week and plenty of economic data being released for the remainder of this week.
With short positions still being held at 1.0788 and 1.0645, I'm looking to see if we break below that pivotal zone which would potentially open things up for sellers to come pouring in. I will not look to add any positions as of right now. The best course of action is to stay patient and observe the price action. If we do break, I will lower stop losses to...
If you've seen my last video on the EUR/USD, I was looking at 2 trendline levels to potentially take a trade from. The EUR/USD has popped to that upper trendline and Median level to find some resistance. A short limit order was initiated at 1.0788 and will hold this for the time being. The Cautious side of this trade is that the market still has a gap that it may...
FX:EURUSD We take a look at what the EUR/USD may do going forward and how the current short positions unfolded. We have made a nice and steady decline into the main Pivotal zone and the question now is, do we stay short or watch for buyers to come back into the market and swing momentum back to the upside. In this Video, I describe the thought process and...
In this video I take a look at the EUR/USD and what levels are being watched for potential swing trading opportunities. Today was pretty much flat but I see a possible buying opportunity on the horizon if the EUR/USD drops into the pivot zone at 1.05085. Trading Tip #1 - Always manage your risk Trading Tip #2 - Stay Patient and wait for your opportunity
After last week's complete washout of the bullish move, one level to watch is the 1.0800 zone. The market has gapped down at the open, so we'll see how price responds around this zone.
Pre-NFP analysis on the EUR/USD Known for potential high volatility, we'll see if the market was just washing out the long positions from yesterday's FOMC data and wipe the bears back out tomorrow or the bears take over and bring this lower into the 1.0800 zone Trade safely and manage your risk. If you're unclear of the price action, stay flat and observe until...
This is a Quarterly chart of the EUR/USD and it's something I'm keeping an eye on. What appears to be a falling wedge and MACD bullish divergence developing. Could we see another Euro 1.2200 again in 2023? Will keep watching the price action going forward on Bullish momentum. The first hurdle will be 1.1100.
Hello TradingView world, I have been trading for almost 15 years and have learned some serious lessons about trading and the markets. I have also been fortunate enough to interact with many great traders over that time that have helped me tremendously, however I still struggled for a long while and wondered why I wasn’t making the progress I desperately wanted to...
Post FOMC Market Analysis on the EUR/USD. How the trade developed and what to look for going forward.
The EUR/USD appears to be ready for a potential drop however may remain flat until next week's jam-packed economic data releases. From a purely technical standpoint, a wedge looks to be formed alongside MACD bearish divergence. If we begin trading below the median zone, I'd look to hold short positions down towards 1.0100. The trade idea is invalidated if we pop...
A quick analysis pre-FOMC. As this week get's off to a jam pack economic data spree, volatility or market direction will be important to watch going forward. For a technical view, please refer to the analysis image posted on January 27th.
The Dow Jones Monthly Chart I previously published has a broadening top pattern, the S&P doesn't have the same outlook and I'm sure many were looking at the S&P Monthly as a triple top however what I'm seeing instead is a rising expanded wedge or Expanding pattern which is a very bearish pattern on the stretched out Weekly. In its formation since late 2009 till...