Sell-buy
EUR/USD: Reaching possible sell zonePart 1/1
Hi traders, here comes an update on the EURUSD pair. If you have any questions or suggestions, let's start a discussion on the trade in the comment section below.
We're only taking a trade once all rules of our trading strategy are satisfied!
1. Technicals : Neutral/Bearish - The EURUSD pair is still in a downtrend unless we see a decisive break above 1.10, which would indicate a fresh higher high on the daily. The 1.10 level is a strong resistance for now and could provide a short-term sell opportunity. The level also aligns with the 38.2% Fib, and the short-term RSI is showing a hidden bearish divergence.
2. Positioning : EUR neutral (4/10), USD bullish (8/10). Falling open interest in EUR.
3. Economic Surprises Index : EUR bearish (2/10), USD neutral (4/10).
4. Correlations: Neutral
5. Int.rate differentials : Neutral
6. Headlines narrative : EUR bullish - EU bailout fund, USD bearish - slight risk-on sentiment and Covid-19 vaccine
7. Today's risk sentiment : Mixed ahead of US open - VIX up, DAX and ASX down, FTSE up.
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GBP/USD: Morning updateHi traders, this is a quick update on GBPUSD.
Here we have the GBPUSD pair that reached a key resistance on the daily chart after triggering a massive head and shoulders pattern. The pair has started to move lower today, as explained in our previous analysis, with market reports also pointing at a weaker GBP.
The 1-hour chart shows a well-defined falling channel that aligns with the 50% Fib level.
EURJPY setting up for possible 200pips breakout!!I'm lookig for a possible breakout here! We saw price doing a sort of double bottom on 116.60 zone and could gain some strenght to go up to maybe 118.00! On the other hand we could see the bears keeping control of this pair and pushing it even lower, to around 116.35 support zone. In highr timeframes we can see its an important mark where price reacted. keeping an eye on this one next week!
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EURUSD long or short - h4, h1 - ScalpingHello Traders !
I highlighted my Zones I am looking for on EURUSD. Actually trade now from zone to zone. Pretty nice range. A lot of pips to catch. Make sure to trade with confirmation.
That was my Idea and I hope you did like it. Please leave a LIKE if you like my Content that I share with you. In the comment section you can tell my your view and ask questions.
Thank you and we will see next time
- Darius.
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