EURUSD Simple Trade Plans; Pre/Post ECB News (new uptrend).

מעודכן
ECB deposit rate facility news comes out soon, as well as speech from the ECB in general terms relating to monetary policy.

Anything that confirms a quicker easing cycle will likely feed into a downside drip for the EURO. This comes as a near term uptrend forms on a second high.

Upside moves will rely on anything that will delay a cut (unlikely). The FED has made its position clear lately leading to real weakness around the USD.

הערה
No change from ECB. Unsurprising reaction.

Awaiting further market moves.
הערה
EURUSD further crumbling, lock in some gains.
הערה
1H TL breaking. Likely we may see a bounce given higher TF support areas we land to:

Lower 1h TF,

תמונת-בזק

Higher TF levels:

תמונת-בזק

ECB rhetoric slightly shifting around 1 cut. Dangerous. Supports new found up trend and long bias.
הערה
Lack of news causing a stall. Strength flowing through USD post fed comments.
הערה
ECB and FED cut trajectory somewhat along the same lines, slight tentative rhetoric from ECB board members.

Would not be surprised if any fall to lower side of TL takes some
Time. Support areas must be broken, longs therefore lower.
הערה
Upside TL (1H) Broken. Push back to local MA's would assist new found downtrend to be sustained. Re shorts applicable therefore (blue circle)

תמונת-בזק
הערה
EUR weakness feeding in, market crumbling lower.

Take some gains as approach key mid level support zone.

תמונת-בזק
הערה
Video update:

הערה
Kill shorts.
הערה
Light rejection as expected. Weak reaction for demand, ideal lower for longs.
הערה
Follow through continuing, although not heavily, kill longs and re-position lower.

תמונת-בזק
הערה
Price Popping for reshorts.

תמונת-בזק

Trajectory still being followed.
הערה
Brace for fed.
הערה
Rates held. Helping EURUSD fall further.

תמונת-בזק
הערה
תמונת-בזק
הערה
Re-shorts applicable. Further moves likely to depend on sentiment (mixed at the moment).

תמונת-בזק
הערה
הערה
הערה
הערה
הערה
Very important pre fed update:

Chart PatternsDXYecbEUREURUSDfedTechnical IndicatorsTrend AnalysisUSD

Get My Professional Trading Plans FREE:

bit.ly/willsbpa

Free Discord Secret Server:

discord.gg/tXAcxFVCJU


Posts Not financial advice.
גם על:

פרסומים קשורים

כתב ויתור