📊 Market Structure & Key Levels
EUR/USD is currently rejecting a key supply zone (1.0450 - 1.0480), showing strong signs of continued downside pressure. The pair is in a bearish trend, with price action confirming lower highs and lower lows, as seen in the Prime Market Terminal charts.
📉 Key Levels to Watch:
Supply Zone: 1.0450 - 1.0480 (Strong resistance & liquidity zone)
Demand Zone: 1.03630 - 1.03219 (Institutional liquidity target)
Extended Bearish Target: 1.02687 (Deep liquidity grab area)
🔍 Trade Setup: Bearish Bias Towards Key Support Levels
📌 Entry: Sell between 1.0450 - 1.0480
🎯 TP1: 1.03630 (Liquidity Zone)
🎯 TP2: 1.03219 (Institutional Liquidity Grab)
🎯 TP3: 1.02687 (Extended Downside Target)
❌ SL: 1.05150 (Above Key Resistance)
📉 Why This Trade? (Prime Market Terminal Analysis)
✔️ Bearish Market Structure – The 1D & 4H trend remains bearish, confirming a downward trajectory. Supertrend is bearish, and price is trading below the 72 EMA & 288 EMA, showing weak bullish momentum.
✔️ Liquidity Targets Identified – Market depth analysis from Prime Market Terminal reveals a lack of strong buy orders above 1.0450, suggesting that sellers dominate.
✔️ Volume Profile Analysis – The visible range (VPVR) highlights a high-volume node at 1.03630, making it a strong area for price to seek liquidity.
✔️ Commitment of Traders (COT) Data – Institutional positioning indicates an increase in short contracts for the EUR, aligning with the bearish trend.
✔️ Order Flow & Market Depth – Prime Market Terminal shows institutional sellers stacking sell orders at 1.0450, while liquidity pools rest below 1.03630 and 1.03219, making these ideal targets for price.
📰 High-Impact News to Watch
⚠️ HICP Flash Inflation Data (EUR - March 3, 2025) – Any deviation from expectations could drive EUR volatility.
⚠️ ISM Manufacturing PMI (USD - March 3, 2025) – A stronger-than-expected report could strengthen USD and drive EUR/USD lower.
⚠️ Fed's Musalem Speech (March 3, 2025) – A hawkish stance could accelerate EUR/USD downside pressure.
📌 Final Thoughts: Follow the Trend & Manage Risk!
EUR/USD remains firmly bearish, with liquidity resting below 1.03630. The confluence of institutional positioning, bearish trend confirmation, and market depth insights support a sell bias. Watch price action at key levels and manage your risk accordingly!
🔥 What’s your bias? Drop your thoughts in the comments! 🔥
EUR/USD is currently rejecting a key supply zone (1.0450 - 1.0480), showing strong signs of continued downside pressure. The pair is in a bearish trend, with price action confirming lower highs and lower lows, as seen in the Prime Market Terminal charts.
📉 Key Levels to Watch:
Supply Zone: 1.0450 - 1.0480 (Strong resistance & liquidity zone)
Demand Zone: 1.03630 - 1.03219 (Institutional liquidity target)
Extended Bearish Target: 1.02687 (Deep liquidity grab area)
🔍 Trade Setup: Bearish Bias Towards Key Support Levels
📌 Entry: Sell between 1.0450 - 1.0480
🎯 TP1: 1.03630 (Liquidity Zone)
🎯 TP2: 1.03219 (Institutional Liquidity Grab)
🎯 TP3: 1.02687 (Extended Downside Target)
❌ SL: 1.05150 (Above Key Resistance)
📉 Why This Trade? (Prime Market Terminal Analysis)
✔️ Bearish Market Structure – The 1D & 4H trend remains bearish, confirming a downward trajectory. Supertrend is bearish, and price is trading below the 72 EMA & 288 EMA, showing weak bullish momentum.
✔️ Liquidity Targets Identified – Market depth analysis from Prime Market Terminal reveals a lack of strong buy orders above 1.0450, suggesting that sellers dominate.
✔️ Volume Profile Analysis – The visible range (VPVR) highlights a high-volume node at 1.03630, making it a strong area for price to seek liquidity.
✔️ Commitment of Traders (COT) Data – Institutional positioning indicates an increase in short contracts for the EUR, aligning with the bearish trend.
✔️ Order Flow & Market Depth – Prime Market Terminal shows institutional sellers stacking sell orders at 1.0450, while liquidity pools rest below 1.03630 and 1.03219, making these ideal targets for price.
📰 High-Impact News to Watch
⚠️ HICP Flash Inflation Data (EUR - March 3, 2025) – Any deviation from expectations could drive EUR volatility.
⚠️ ISM Manufacturing PMI (USD - March 3, 2025) – A stronger-than-expected report could strengthen USD and drive EUR/USD lower.
⚠️ Fed's Musalem Speech (March 3, 2025) – A hawkish stance could accelerate EUR/USD downside pressure.
📌 Final Thoughts: Follow the Trend & Manage Risk!
EUR/USD remains firmly bearish, with liquidity resting below 1.03630. The confluence of institutional positioning, bearish trend confirmation, and market depth insights support a sell bias. Watch price action at key levels and manage your risk accordingly!
🔥 What’s your bias? Drop your thoughts in the comments! 🔥
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.