On Thursday, Meta (NASDAQ: NASDAQ:META ), along with Spotify and several other tech companies, voiced strong criticisms against the European Union’s approach to data privacy and artificial intelligence (AI) regulation. In an open letter, these firms, along with researchers and industry bodies, claimed that the EU's decision-making has become "fragmented and...
Starting this week as always with EUR/USD, we saw a drop as we predicted last week, clearing liquidity and taking out the last major low. However, we haven’t hit our area of demand, meaning this area is still in play, as shown on our chart. A new area of demand has formed, and there is liquidity below the low from which this new zone has emerged. Based on the...
Starting this week with EU, as we always do. As you can see, we are pretty much at the centre of our current range, leading us to believe we are building liquidity on both sides. Currently, we have swept out the high from last week during a news push. After this sweep, we dropped lower than our previous low, establishing a bearish range and putting the price in a...
1)London High Swept 2)bsl swept 3)Wait for break back into structure. 4)Following number 3, a FVG, OB or BB will form. 5)Enter in Zones marked above. 6)Target bsl 1 and bsl 2 as TP London Session Trade.
I'm going to be selling the Euro, I see a lot of momentum to the downside and this break of structure confirms that for me. I will post more details of this trade as I go.
Here we are at the beginning of September, continuing to follow and track the markets as we do with every Sunday markup that we release. This week, we observed a clear bearish movement. As we move into the new week, we have a scenario suggesting that more downside could occur, while also recognizing the liquidity sitting above the highs. It’s important to...
Double Signal on EU & EJ Today's Analysis after a rough day. Looking forward to sell EU and Buy EJ tomorrow
This video offers a narrative analysis and market insights for EU & EJ on August 13, 2024. Discover whether the trends will persist or change!
This week's chart on the EU has several interesting points to follow. Firstly, we observed a significant surge through the liquidity highs that were established during the previous downward price movement early last week. This push was a direct result of news from the US regarding the Fed rate cut and other economic events. Consequently, we start this week at the...
This week in the EU, we are looking to meet a couple of key points. Overall, we are focusing on the price shifting back into the bearish higher timeframe trend. Currently, the price has been moving lower. We opened up a gap on the daily timeframe, indicating a likely drop. Since then, we have moved lower and created short-term liquidity lows, suggesting the price...
Here is EUR/USD. Following on from last week, we provided a basic trend continuation idea that played out perfectly, even though it went against the higher time frame bias established earlier this year. We are now looking at a variation of this same trend movement. We have seen a break of the potential liquidity stored across the lows in the form of trendline...
Simple trading - Consolidation Let's take advantage of a potential Weekly swing! Below is the weekly chart showing a potential zone for the price to bounce back and forth between the monthly highs and lows. EURUSD has already poked above the previous week's high. wait for the price to pull back and test the PWH and we can sell confidently with strong bearish...
The EU this week sits within a bullish trend and bullish range. This, of course, goes against the higher timeframe biases that we have discussed over the last several weeks in our Sunday markups. However, we follow what the price shows us, not what we want it to do. Coming into this week, we have a relatively neutral bias in terms of direction. Bullish, of...
This week on the euro, we have four potential ideas mainly based on the principle that we are running bearish across most time frames, including the higher time frames. Firstly, we have almost no unmitigated price action on the 4-hour time frame. We've built extensively above and below the price action created last week, leading me to believe this is an area of...
This week on the Euro, we're looking for price action to respect the higher time frame bearish narrative and overall play within the four-hour major range that we have in play from last week. Picking up the markup we have provided, you can see what we are analyzing. Options one and two involve playing within the short-term internal range and breaking lower within...
Macro Monday 49 Ireland – The Fastest Growing Economy in the EU According to forecasts by the European Commission the European Union is set to grow by a humble 1.7% in 2024 however Ireland is the country which is forecasted to grow the most with an annual growth rate of 5% expected for 2024. In Q1 2024, Ireland recorded a 1.1% increase compared to the...
To start the week off, we are looking at another bearish shift in the EU, similar to what we observed last week. As we have mentioned before, we aren't expecting price to move perfectly or hit every point on our chart. Instead, we are looking for our ideas to somewhat align with one of our bias scenarios. For this week, we anticipate price to move back to the...
Overall price is still bearish on the monthly and weekly, EU appears to be making a run to go bullish for a bit. Price has currently broken the Daily High from 4/8/24 BUT is bumping against a bearish weekly trendline. The Daily has made a nice impulse and is more than likely finishing up a correction to go into a bullish continuation. Price is a good 88 pips from...