MrSilviu

MrSilviu

The European Central Bank has embarked on a monetary easing cycle, recently cutting interest rates. However, analysts at Berenberg believe that this cycle is coming to an end. The Bank of Canada kept interest rates at 2.75% on June 4, 2025, but signaled the possibility of a future cut. Fundamentals support a possible appreciation of the EUR against the CAD,...

MrSilviu

The price has just broken through an important area, but it seems to be a false breakout. We have 3 FVGs (price imbalance gaps) — these act as a magnet for liquidity, meaning the price tends to return to them to “fill” them. RSI is above 70 → clear overbought → high risk of correction or reversal.

MrSilviu

If the price stays above 144.30 and forms H1 candles with higher lows, it may continue towards 145.60–146.00 (upper zone). RSI still supports the bullish direction (momentum has not been broken). What do you think?

MrSilviu

We are waiting for a retest, and then sky is the limit :)

MrSilviu

While we have a wonderful bearish divergence on H4, on H1 we find indications that the price would like to increase a little more, probably expecting a double top, what do you think?

MrSilviu

If the price comes back and closes below 143,200, we can go short with TP at 142,400 and SL at 143,700 ... what do you say? :) We also have a nice divergence there ... I think for now the price is going up just to hunt some SL`s

MrSilviu

On EURGBP H1, we have a nice bearish divergence. This is usually a signal of loss of bullish momentum and increased probability of correction. On H4 we have a clearly sell trend. What do you think? :)

MrSilviu Updated 

SELL Pending order at 0.7326

MrSilviu Updated 

BUY Pending order at 1.3235

MrSilviu Updated 

Sell EURUSD at 1.1285, TP at 1.1227

MrSilviu Updated 

Buy if the price closes over 140.40

MrSilviu Updated 

Buy EURUSD

MrSilviu Updated 

Pending order for USDJPY on M15 chart