EUR/USD Weekly Outlook

2 Feb

Montly dolar chart reacted to the 0.7 FIBO and finish with Long legged Doji candle

This week DXY again shows bullish strenght
The dollar reacted to the weekly buy zone, previously the structure on the daily chart started to change to sell. Waiting price to retest previous supply zone and give confirmation on daily chart that price will continue lower.

On EUR/USD the situation is reversed, on Friday the price closed H4 with bearish engulfing and It looks like it is ready to continue falling to the zones marked below, the daily fvg, and the lower extreme demand zone. If the price will move according to this scenario, I predict a drop in the first part of the week and a turn with the NFP news on Friday. Of course, this is just an idea and a scenario that, if valid with good confirmations on the daily/h4 chart, can bring good opportunities for trading.

3 Feb

Dagangan aktif

Tariffs are causing some market jitters , so this week opened with a big gap and the price fell all the way to the daily demand zone where we expected it to go before NFP.

Now we have to see how the price will move in the coming days and if this will remain the lowest price of the week or if we will have a breakout of the monthly bottom before the NFP and after that the growth will go up

4 Feb

Dagangan ditutup: sasaran tercapai

It's Tuesday and the price has already done everything according to our scenario and has provided a lot of good trading opportunities.
Considering tomorrow's USD news, we will wait for it to pass and prepare an analysis for the rest of the week and NFP.