Euro / U.S. DollarShort
DreamAnalysis | EURUSD Approaching Key Levels – Big Moves Ahead!
✨ Today’s Focus: A Critical Asset in the Market – EUR/USD
We'll break down its recent price movements and provide insights on what to expect next, based on key market levels.
📊 Current Market Overview:
EUR/USD is showing notable upward momentum, with price targeting buy-side liquidity. Recent sweeps include the Previous Month High (PMH), and price is now nearing the Previous Week High (PWH). A potential sweep of this level is expected, but overall, the outlook remains bearish, suggesting a move lower to target sell-side liquidity.
🕓 Key Levels to Watch:
Here are the essential zones we’re tracking:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- SSL: Sell-Side Liquidity
- 4H FVG: 4-Hour Fair Value Gap (a potential retracement zone)
- Daily FVG: Daily Fair Value Gap (imbalance zone)
These levels mark critical areas where price may accumulate liquidity or rebalance. Fair Value Gaps (FVGs) highlight zones where the market may retrace to collect orders before continuing its trend.
📈 Bullish Scenario:
Although we don't see immediate triggers on higher time frames (HTF), lower time frames (LTF) present potential opportunities. A better entry may emerge after a sweep of higher time frame sell-side liquidity (SSL), leading to a long setup targeting the Previous Week High (PWH).
📉 Bearish Scenario:
On lower time frames (LTF), a valid entry model could play out to target sell-side liquidity. Key levels to watch include Relative Equal Lows, the Previous Week Low (PWL), and potentially a tap into the Daily Imbalance for further downside.
📝 Conclusion:
As always, remain adaptable to changing market conditions. Monitoring these key levels and scenarios will sharpen your strategy and help identify opportunities.
🔮 Looking Ahead:
Stay tuned for updates as we continue to monitor NASDAQ, DXY, EUR/USD, and other major currency pairs. Expect timely insights as market trends unfold.
⚠️ Disclaimer:
This information is for educational purposes only and does not constitute financial advice. Always do your own research and consult a licensed financial advisor before making any investment decisions.
We'll break down its recent price movements and provide insights on what to expect next, based on key market levels.
📊 Current Market Overview:
EUR/USD is showing notable upward momentum, with price targeting buy-side liquidity. Recent sweeps include the Previous Month High (PMH), and price is now nearing the Previous Week High (PWH). A potential sweep of this level is expected, but overall, the outlook remains bearish, suggesting a move lower to target sell-side liquidity.
🕓 Key Levels to Watch:
Here are the essential zones we’re tracking:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- SSL: Sell-Side Liquidity
- 4H FVG: 4-Hour Fair Value Gap (a potential retracement zone)
- Daily FVG: Daily Fair Value Gap (imbalance zone)
These levels mark critical areas where price may accumulate liquidity or rebalance. Fair Value Gaps (FVGs) highlight zones where the market may retrace to collect orders before continuing its trend.
📈 Bullish Scenario:
Although we don't see immediate triggers on higher time frames (HTF), lower time frames (LTF) present potential opportunities. A better entry may emerge after a sweep of higher time frame sell-side liquidity (SSL), leading to a long setup targeting the Previous Week High (PWH).
📉 Bearish Scenario:
On lower time frames (LTF), a valid entry model could play out to target sell-side liquidity. Key levels to watch include Relative Equal Lows, the Previous Week Low (PWL), and potentially a tap into the Daily Imbalance for further downside.
📝 Conclusion:
As always, remain adaptable to changing market conditions. Monitoring these key levels and scenarios will sharpen your strategy and help identify opportunities.
🔮 Looking Ahead:
Stay tuned for updates as we continue to monitor NASDAQ, DXY, EUR/USD, and other major currency pairs. Expect timely insights as market trends unfold.
⚠️ Disclaimer:
This information is for educational purposes only and does not constitute financial advice. Always do your own research and consult a licensed financial advisor before making any investment decisions.
Related publications
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.