EURUSD 1DOn the daily timeframe (1D), a short order flow emerged earlier this week. Currently, we are still in a long context from the perspective of the higher timeframe. However, the primary target for the movement is considered to be 1.072. After reaching this level, we may continue the movement as indicated on the chart. If the price solidly establishes below 1.072, the context will shift to a short one.
Forex-trade
EURUSD DayPlan#EURUSD
Greetings! Anticipating a continued focus on short positions for the euro. On the higher time frame, we are entering the daily FVG, indicating potential further downside. As of now, no compelling reasons for a reversal have been identified. Positions will be considered from the Asian session's high.
EURUSD 4h4h - an incredibly interesting situation has formed on the 4-hour chart. Structurally, we are in a long context, and with the overlay of all possible liquidity formed below us, we continue the upward movement. However, at the same time, there is an emerging order flow in the short direction against us. In such moments, it is crucial to wait for the price to firmly establish itself in one direction for a sensible continuation of work. Otherwise, there is a high probability of losing money.
EURUSD 1DHello and welcome to the weekly Top-Down analysis.
Throughout the past week, we experienced a sideways movement without a clearly defined trend. Despite this, there were an adequate number of potential positions.
1D - Daily timeframe: We continue to operate within the bounds of the daily imbalance. On Friday, January 5th, we cleared all the liquidity formed below, and I did not expect a repeat of the re-sweep, as mentioned in the previous review. The most obvious target was the local fractal high, which we managed to clear on Thursday. Despite the aggressive movement at the end of the year, we still remain in a long context until the daily bar closes below 1.071. For the upcoming week, I would like to see the removal of the nearest lower fractal with a continuation of the movement towards the upper boundaries of the sideways range.
EURUSD DayPlanGood morning, the plan for the day is strictly long, building liquidity during the Asian session. On Friday, we cleared all possible liquidity below, which allows us to be confident in the continuation of the upward movement. The daily target is the high of Friday. The long context is in sync with all higher timeframes. Priority is given to considering positions from the Asian minimum
EURUSD 1h1h - confirmed long context, despite the news-driven removal of last week's low, it is evident that the priority is to work for the continuation. The targets for Monday are the high of Friday.
Conclusions: all timeframes are in sync with each other, a clear priority is only in the long direction. I wish everyone a productive weekend, preparing for a busy week ahead.
EURUSD 4h4h - Starting from Monday, we moved in a short direction, forming an FVG on Tuesday. On Thursday, the market structure was broken to the upside, and Friday opened with a re-sweep in the news. However, the price quickly reversed after clearing all the formed liquidity below, then continued the upward movement, completely covering the imbalance above.Despite the intense movement in both directions, the context continues to be long.
EURUSD 1DOn the daily timeframe, starting from Monday, we continued the corrective movement. On Friday, there was a retest of the fractal minimum formed on Wednesday, after which the closure occurred within the imbalance formed from Monday. The main target for the following week will be the high of last year. Potentially, we can achieve this after clearing the low of the previous week on Tuesday-Wednesday, which is not mandatory.
USDJPY Looking BearishOn the Monthly chart, this pair is currently retracing bearish inside a Bullish PB.
On the Weekly, we can see that this pair is in a large bearish grind. We sent out a bearish analysis a few weeks back. If you didn't see it, be sure to take a look at it.
Let's go further down in our analysis of this pair.
On the Daily Chart, this pair has continued its bearish push, and it is currently holding 3 PBs to the downside. The story is not different on the 4-hour chart. The market is making 5 PB down on the 4 hour chart, and 4 PB down on the 1 hour chart. It is not very often to find a pair that aligns on bias across all of its timeframes. Here is a rare exception.
To take our trade, we will be waiting for price to retrace bullish into our refined zone. When that happens, we will look to jump on the trade using the Panz Pips trader checklist.
Near 1000 Pip Dip ExpectedThe EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4.
Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were able to find and mark our order block and refine it to the expected reversal zone.
Last week saw prices come into our zone and push away in a bid to commence the reversal. If this perspective holds, this pair is expected to dip all the way down to take out the liquidity target at 1.4663 and push beyond it.
This down extension push is expected to give us a push in excess of 700 pips and can push as far as 1000 pips and more.