current update on eurusd as posted some days ago.. we have seen some bearish impulse on eurusd as I analysed some days back for free here. this is impulse surely ckears the doubt if where price might be heading as it's pretty clear right now.. stay tuned for more updates .. I will be posting more on here .
overall weekly anticipation on EURUSD remains bearish to me as I anticipate an impulse of bearish prices over the upcoming weeks.
we can say eurusd is a mirror image of the dollar index..so for this, I do anticipate lower prices as we are probably looking forward to a downward impulse after going through a correction phase on the weekly timeframe..
There is a pool of liquidity resting below get be raised on which also are stop loss below and sell stops...early hours of London session gold has tricked many into buying...and this leads me to think and know exactly what might be thier real intentions...gold buy rallies goes a long way back and maybe for this week close of market we might likely see a run on...
Previous sell on gold failed as our stop loss got a run on...new entries on gold sells..
After seeing price sell massively on previous day...a solid retracement begins and right now new entry for sell to more liquidty pools below....as price acts a madnet towards liquidty and couple of other things which aslo support this sell like imbalance and inefficiency if price down to new area of demand..
LIQUIDITY taken out with mitigation of the 1 hour orderblock