EURUSD price action may be starting a series of higher highs and higher lows on the 15M timeframe
intraday charts on DXY seem to be leaning bearish with 100.500 acting as resistance. with no clear support in sight, a leg down to higher time frame market structure is expected
eurusd is taking over LTF market structure with BULLISH momentum. yesterdays price action but in a series of higher highs and higher lows. will buyers remain in control to finish the week? looking for a push to new highs into the last day of trade for the week
looking at usdjpy 1 hour chart here watching for a "top" in the market. 142.000 is target for this very RR trade. if the price action in UJ starts to move lower from these levels, I would expect the bearish momentum to continue, pushing the market into support zones around 143, possibly lower
Watching GU as the new day of trade kicks off for any signs of weakness or bearish momentum on the intraday charts. daily average true range in GU is currently 90
starting to build into a usdcad position as well. this one is based on HTF market levels and could be something we keep coming back to and adding into. 500+ pips on the daily chart to 2024 lows
Will demand in the oil market continue into the future? With current geopolitical tensions and conflicts raging on, I believe that the demand for oil is likely to increase into the coming months. Follow along with my MCLZ2024 chart to stay up to date with @trader9224's current trade idea. For those new here or looking to follow along, with the new week of...
with no clear resistance, it might be another push for EU up into - HTF - market structure 1.12200 looks like a nice round number where the market can figure its next move
range trading EURUSDs daily atr. we just had a nice trade coming up from the bottom of the range and price action pretty quickly found the top of the range. looking for the a re-run of the "swing lows" made by price action a little bit ago
eurusd opened up for the day and immediately made a run of about 50 pips to the downside; the average daily range in EU is only about 55 pips so i am expecting the market to find some support around these price levels and possibly even trade higher from here target 1 is around 1.11200 with a generous target 2 at 1:5 or at a complete retrace of the FOMC news spike
DXY is about to gap down something huge! looking to take UJ as if fills and possibly runs from there. this is my favorite trade set up. stay tuned to see how it plays out
third times a charm? took a couple L's on the last eurusd ideas but it is what it is. looking at 1.11200 to continue acting as market structure and hold as resistance. intraday targets at 1:2 of the entry posted above
The last couple times I tried to do this (pick a EU top) it didnt work out so well; third times a charm? the analysis says do it again so here we are.. it seems like the markets have the rate cut priced in at this point and we have DXY holding LTF market structure
the markets opened up for the week and DXY - the US dollar index - immediately started selling off, down almost 0.5% within the first couple hours of trade.. i think its time to leave that market alone until it sees some stability. i will now be looking over to the gold market
carrying the bullish DXY outlook from last week into this next week of trade kicking things off by looking at a eurusd short off last weeks highs put in on a news spike. i think said new spike was a bit of an "overreaction" by the markets and that price action will retest - if not trade lower than - the price levels it spiked from
Looking for lower price in the October 2024 Yen Futures. (In my analysis) The higher time frame charts are in play as the market dances around 4H, D, and W structure levels. We will have to keep a close eye on intaday, and intraweek, price action to see where the market finds support or resistance. Stay tuned!
we have been selling the rips in eurusd. First here , and then again here . Targeting 1.10000 eurusd in the coming weeks of trade, an area well within the weekly ATR. Stay tuned for updates!
originally posted here . 102.500 DXY in the coming weeks? The Eurozone has opted to keep interest rates stable at 3.65%, signaling a wait-and-see approach to current economic conditions. Meanwhile, U.S. jobless claims have come in 3,000 lower than expected, reflecting a stronger U.S. labor market. This divergence in data is likely to put pressure on...