As we can see above that EURUSD has taken a step further and broke out of the 11 year old range \flour. the break has come with a minor break and retest which we await a bigger retest as we proceed...which will then ensure our out look for @0.95356. EURUSD IS HEADING FOR AN ALL TIME LOW BEFORE THE END OF Q1 WITH OUR SPECULATIONS AND ANALYSIS.
DXY HAS BEEN RANGE BOUND SINCE YEAR@22.. And during this time it has a couple of attempts to break out of the range and failed until APPR @16 OF DEC 25 it mananged to not only break but retest THE PREVIOUS RANGE CEILING. WHICH CURRENTLY CLEARLY INDICATES THE CLEAR INTENTIONS OF THE DXY TO GO AFTER @114 THE ALL TIME HIGH. Previously we had intentions of swinging...
EU continues to decline towards previous current lows which we are now looking @ 1.02914 as our next target zone for a short term LONG POSITION ON EU.
AS WE NEVER BROKE ABOVE TRAP ZONE. the market continues to decline towards our LONG target zones. first @ 1.24480 and 1.23000 where the buyers from apr 2024 are still holding long positions.. and they have their stops just below the second zone(1.23000) which makes our next target zone for a short term LONG position.......@1.21886 more interesting to look at.
Currently the price has trapped both early sellers and buyers. We have break and retest positions and S.L at 1.28124 & 1.30475 which might attract the market to push higher to eliminate them. 1.24480 and 1.23000 which is where buyers from Apr 24 have S.L below.
As the year ends EU proceeded to taking out year 23 buyers stop losses at 1.04431 which led way for early buyers to come in with their stop losses right under 1.03328 which is our first target zone as the market engages the early buyers. 1.02236 is Our next target zone For a Long Position as the market will engage sellers before the actual Long...
At 1.22980 we have buyers from 2024 around March who are currently still holding Long positions and have stop losses just below 1.22980.. Currently after breaking 1.26129 we are collecting early Buyers which we must kill their stop losses just below 1.26129 together with 1.22980 to our next target zone For a Long Position at 1.21891. That's Our sentiment for...