EUR/USD Weekly Forecast
After a major and minor sweep near 1.1150, EUR/USD closed two consecutive bearish weeks, signaling a clear shift in momentum. Last week also confirmed a change of character, creating liquidity around 1.1270 and forming a daily Fair Value Gap at 1.1370, which has now been filled.
We expect the week to open bearish, targeting:
• 1.0900 (first liquidity zone)
• 1.0800 (main demand/discount area)
• Possibly even 1.0600 (extreme swing level) if momentum continues
Bias: Bearish
Key Zones:
• Resistance / FVG: 1.1370
• Target 1: 1.0900
• Target 2: 1.0800
• Extreme: 1.0600
Momentum is with the dollar, and EUR/USD still has room to drop toward the deeper demand areas.
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Weekly forecast by Sphinx Trading
What’s your bias this week?
#EURUSD #ForexForecast #SmartMoney #LiquiditySweep #FVG #TechnicalAnalysis #SphinxWeekly #PriceAction
After a major and minor sweep near 1.1150, EUR/USD closed two consecutive bearish weeks, signaling a clear shift in momentum. Last week also confirmed a change of character, creating liquidity around 1.1270 and forming a daily Fair Value Gap at 1.1370, which has now been filled.
We expect the week to open bearish, targeting:
• 1.0900 (first liquidity zone)
• 1.0800 (main demand/discount area)
• Possibly even 1.0600 (extreme swing level) if momentum continues
Bias: Bearish
Key Zones:
• Resistance / FVG: 1.1370
• Target 1: 1.0900
• Target 2: 1.0800
• Extreme: 1.0600
Momentum is with the dollar, and EUR/USD still has room to drop toward the deeper demand areas.
—
Weekly forecast by Sphinx Trading
What’s your bias this week?
#EURUSD #ForexForecast #SmartMoney #LiquiditySweep #FVG #TechnicalAnalysis #SphinxWeekly #PriceAction
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.