Going to be quite interesting to see NFP today with both sides of the Atlantic on holiday!
2021/04/05
DXY
D1
-
Liquidity
Above 93.40
Below 92.85 -
Key Levels
Bearish – Price Imbalance High 93.55
Bullish – Brkr 92.50 -
Bias – Bullish
H1
-
Key Levels
Bearish – FVG High 93.37 … next Price Imbalance high 93.55 (Daily)
Bullish – Weekly Open 93.00 … next OB 92.98
Weekly … We are coming of a 3-month retracement up after being bearish for almost a year now. Will the move up continue or are we ready to see the trend continue to the downside? I will be looking for a move to the downside. But it is very possible to see a move up to the D1 price imbalance that was hit last week above 93.40. Could see price reach up and touch or fill the area and then move back down. I am targeting 92.50 to the downside in the near term.
Daily … Today I am expecting price to move higher. Will be looking for a retrace down to the Weekly Open at 93.00, which aligns with the Hourly OB at 92.98. Just below that is the NYMO at 92.95. So there are some really good support areas to keep price higher today.
EURUSD
D1
-
Liquidity
Above 1.1785
Below 1.1705 -
Key Levels
Bearish – MB 1.1844
Bullish –RB 1.1631 -
Bias – Bearish
H1
-
Key Levels
Bearish – MB 1.1756 … next Weekly Open 1.1760
Bullish – OB 1.1660
Weekly … The EURUSD has been pretty good about mirroring the Dollar. With that, I expect a potential drop in the EURUSD with a bump in the Dollar. The EURUSD could drop to the Monthly BISI at 1.1874 then move higher. Long term and for April, I am looking for a move higher.
Daily … Expecting a drop in price today. Price has already moved back up to an Hourly Mitigation Block at 1.1756. This is the area I expect price to drop from. There could be a little bit higher move up to the Weekly Open at 1.1760, but not much higher. If price continues moving away from the MB first, I will not take a retrace back up to it or slightly higher. Will be targeting the low form last week around 1.1700.
GBPUSD
D1
-
Liquidity
Above 1.4000
Below 1.3700 -
Key Levels
Bearish – OB 1.3891
Bullish –RB 1.3687 -
Bias – Bullish
H1
-
Key Levels
Bearish – OB 1.3891 (daily)
Bullish – NYMO 1.3837 … Weekly Open 1.3835
Weekly … Price rejected from the Weekly and Monthly Rejection Blocks about 6 weeks ago and has only moved down … until last week. We have potentially the low and now will see the GBPUSD move higher. The EURGBP has steadily moved lower for a couple months, showing the strength of the GBP vs the EUR. Price on the EURGBP is at a Weekly OB, but I am not expecting that to hold for very long as there is a HUGE liquidity pool below 0.8300 that is pulling price down. This means that even with a move higher on the Dollar, we could still the GBPUSD move higher while the EURUSD moves lower. Or the USDGBP could consolidate. I am expecting price to move higher and will be targeting the
Daily … Strong move higher in price already today. Strong support at the NYMO and Weekly Open at 1.3835. There is also an Hourly OB at this level not marked on the chart. Will be looking for a move down to this area, find support, and then move higher and reach for the Daily OB at 1.3891.
2021/04/05 Recap
DXY – Bearish day. Price initially moved down to the Hourly OB at 92.98 and then moved a little higher. But after that, the bottom fell out and price dropped like a rock. I was expecting a move higher before the drop in price this week. We basically already hit me Weekly target of 92.50. Time to reassess the week to see what is potentially still to come.
EURUSD – Bullish day. Mirroring the Dollar as it has been, the EURUSD had a big move up yesterday. Again, I was expecting Monday to be a down day and then followed by the move up. Price already filled in a Daily FVG and is now in the lower portion of Weekly FVG.
GBPUSD – Bullish day. The GBPUSD moved according to forecast. However, we did not get the retrace down we needed for an entry, but price did indeed move up to the targeted Daily OB 1.3891 and then consolidated the rest of the day.
Apologies for the numerous typos and partial sentences in yesterday’s forecast. Not sure what was going on when typing that out. 
2021/04/06
DXY
D1
-
Liquidity
Above 93.40
Below 91.30 -
Key Levels
Bearish – 2-Day Prior Low 92.83 … next Price Imbalance High 93.55
Bullish – Brkr 92.50 … next 2-Month Prior High 91.60 -
Bias – Flat to Bearish
H1
-
Key Levels
Bearish – 2-Day Prior Low 92.83 … next Brkr 92.92
Bullish – NYMO 92.69 … next Brkr 92.50 (Daily)
Weekly … We are coming of a 3-month retracement up after being bearish for almost a year now. Will the move up continue or are we ready to see the trend continue to the downside? I will be looking for a move to the downside. But it is very possible to see a move up to the D1 price imbalance that was hit last week above 93.40. Could see price reach up and touch or fill the area and then move back down. I am targeting 92.50 to the downside in the near term.
With the Weekly downside target hit yesterday, I am now looking for price to reach the 2-Month Prior High at 91.60 for my new downside target.
Daily … Not expecting big movement today after the large drop yesterday. Would like to see price move up to the 2-Day Prior Low at 92.83 and then reverse and move down to the Daily Breaker at 92.50.
EURUSD
D1
-
Liquidity
Above 1.1950
Below 1.1735 -
Key Levels
Bearish – MB 1.1844
Bullish –2-Day Prior High 1.1787 -
Bias – Flat
H1
-
Key Levels
Bearish – MB 1.1844 (Daily)
Bullish – NYMO 1.1803 … next Brkr 1.1772
Weekly … With the big move higher yesterday, how much father can the EURUSD move this week? Initially I will be targeting the upside at the Daily Mitigation Block at 1.1844, with potential to reach to the Weekly OB at 1.1913.
Daily … With little expectation for the Dollar to move, the EURUSD will likely also stay in consolidation today. If the Dollar plays out the scenario I am looking for, we could see the EURUSD find support at the NYMO of 1.1803 and then move up to the Daily Mitigation Block at 1.1844.
GBPUSD
D1
-
Liquidity
Above 1.4000
Below 1.3700 -
Key Levels
Bearish – OB 1.3891
Bullish –2-Day Prior High 1.3852 -
Bias – Bullish
H1
-
Key Levels
Bearish – OB 1.3891 (Daily) AND NYMO 1.389
Bullish – OB 1.3838 AND Weekly Open 1.3835 … next OB 1.3796
Weekly … Price rejected from the Weekly and Monthly Rejection Blocks about 6 weeks ago and has only moved down … until last week. We potentially have the low and now will see the GBPUSD move higher. The EURGBP has steadily moved lower for a couple months, showing the strength of the GBP vs the EUR. Price on the EURGBP is at a Weekly OB, but I am not expecting that to hold for very long as there is a HUGE liquidity pool below 0.8300 that is pulling price down. This means that even with a move higher on the Dollar, we could still the GBPUSD move higher while the EURUSD moves lower. Or the GBPUSD could consolidate. I am expecting price to move higher and will be targeting the Weekly and Monthly Rejection Blocks above 1.4190.
Daily … price has already moved down through the 2-Day Prior High at 1.3852 and is at the Weekly Open/Hourly OB support around 1.3835. The next downside objective is the OB at 1.3796. I do not expect price to move lower than this with the Dollar and EURUSD in consolidation. A move down to that OB and then up to the NYMO would make for a nice move today. Note that there is a big move up on the EURGBP right now which is why we are seeing the GBPUSD drop while the EURUSD stays in consolidation. But the EURGBP is approaching a Daily Mitigation Block, so we could see it drop which would lead to the possible move in the GBPUSD mentioned above.
2021/04/06 Recap
DXY – Bearish day. Again, price moved much more than I expected. Good thing is that it is moving the right direction. Did not get the move up to the 2-Day Prior Low before dropping in price. Price moved through the Daily Bullish Breaker at 92.50, which was a target, and then kept dropping into the lower Daily FVG.
EURUSD – Bullish day. Mirroring the Dollar as it has been, the EURUSD had a big move up yesterday again. Price did hole at the NYMO and then move up to the Daily targeted Mitigation Block at 1.1844 and kept going before consolidating at the Hourly Breaker of 1.1880.
GBPUSD – Bearish day. As forecast, the GBPUSD dropped to the Hourly OB at 1.3796 and then retraced higher, almost reaching the NYMO but could not quite get there before dropping again today and hitting another Hourly OB at 1.3786 then moving higher again.
2021/04/07
DXY
D1
-
Liquidity
Above 93.40
Below 91.30 -
Key Levels
Bearish – 2-Day Prior Low 92.54
Bullish – Brkr 92.25 (Mean) … next 2-Month Prior High 91.60 -
Bias – Bearish
H1
-
Key Levels
Bearish – NYMO 92.35 … next 2-Day Prior Low 92.54
Bullish – Brkr 92.25 (Mean - Daily) … OB 91.89
Daily … Not expecting the Daily Breaker to hold, but we still need to note the mean at 92.25. Looking for price to break below this level and move to the Hourly OB at 91.89. Look for a retrace up towards the NYMO at 92.35 first.
EURUSD
D1
-
Liquidity
Above 1.1950
Below 1.1735 -
Key Levels
Bearish – MB 1.1888 (Mean) … next OB 1.1913 (Weekly)
Bullish –2-Day Prior High 1.1820 -
Bias – Bullish
H1
-
Key Levels
Bearish – MB 1.1844 (Daily)
Bullish – NYMO 1.1867 … next 2-Day Prior High AND OB at 1.1820
Daily … Looking for the EURUSD to reach that Weekly OB at 1.1913 today. First need a retrace back to the NYMO at 1.1867.
GBPUSD
D1
-
Liquidity
Above 1.4000
Below 1.3700 -
Key Levels
Bearish – RB 1.3901
Bullish –OB 1.3792 -
Bias – No View
H1
-
Key Levels
Bearish – Weekly Open 1.3835 … next OB 1.3892
Bullish – NYMO 1.3825 … next OB 1.3792 (Daily)
Daily … Big move up on the EURGBP yesterday and this morning. Price has since retraced a bit. But there is a big liquidity draw above 0.8640 that could continue to draw price higher and keep the GBPUSD down to flat for the day. A stop run move above that 0.8640 level is what I would do if I controlled the markets. That way you bring in Longs on the break of market structure and then turn around and slam the price down below 0.8475, trapping those longs and not giving them a chance to get out. With that in mind, I am very cautious on the GBPUSD right now. Price has already bounced off the Daily OB at 1.3792 and returned to the NYMO and Weekly Open levels. While I would like to say it looks like price will move higher towards that Daily Rejection Block at 1.3901, I honestly have no opinion today. Too much potential for manipulation on the EURGBP for me to look at trading the GBPUSD today.
2021/04/07 Recap
DXY – Bullish day. Price moved back and forth after posting. We did see the retrace back up to the NYMO and then drop through the Daily Breaker Mean at 92.25 to fill the Weekly FVG. Price then moved back up to the Daily Breaker at 92.50 and then dropped again.
EURUSD – Flat day. Price did move up to our target for the day at the Weekly OB of 1.1913 then dropped back down to the NYMO. Unfortunately, we did not get the retrace to the NYMO before the move up to the Weekly OB first.
GBPUSD – Bearish day. As expected, they took the EURGBP up to the liquidity above 0.8640 which in turn caused the GBPUSD to drop dramatically. IF we had a bearish bias on the GBPUSD, the move up the NYMO and then 100 pip drop would have been a nice trade. But, as I mentioned, due to the EURGBP, I had no opinion yesterday and therefore no trades.
2021/04/08
DXY
D1
-
Liquidity
Above 93.10
Below 92.15 -
Key Levels
Bearish – SIBI above 92.50
Bullish – FVG Low 92.15 … next 2-Month Prior High 91.60 -
Bias – Bearish
H1
-
Key Levels
Bearish – SIBI High 92.54
Bullish – NYMO 92.39 … next OB 91.89
Daily … Looking for price to make a move up to the Daily SIBI and find resistance at 92.54, but it does not need to move up to this level. Price is currently at the NYMO and could drop from here. Targeting yesterdays low at 92.14 and the Hourly OB at 91.89.
EURUSD
D1
-
Liquidity
Above 1.1950
Below 1.1735 -
Key Levels
Bearish –OB 1.1913 (Weekly)
Bullish – OB 1.1787 -
Bias – Bearish
H1
-
Key Levels
Bearish – NYMO 1.1871 … next OB 1.1913 (Weekly)
Bullish –OB at 1.1820
Daily … With the EURGBP stop run yesterday, I am expecting it to fall now. This means the EUR is weak compared to the GBP. Even with a bearish view on the Dollar, I will be looking for the EURUSD to also drop. Today I am looking for a retrace up to the NYMO at 1.1871 and then a move down into the hourly liquidity below 1.1860 and then towards the Hourly OB at 1.1820.
GBPUSD
D1
-
Liquidity
Above 1.4000
Below 1.3700 -
Key Levels
Bearish – 2-Day Prior Low 1.3802
Bullish –RB 1.3687 -
Bias – Bullish
H1
-
Key Levels
Bearish – NYMO 1.3756 … next OB 1.3779
Bullish – RB 1.3687 (Daily)
Daily … I am only bullish on the GBPUSD if we get the drop in the EURGBP. If this happens, I do not expect a retrace of any significance, but will still use the M15 to find a long entry position. Since the Hourly OB at 1.3779 was already hit during the London session, I do not expect it to act as strong resistance. Price could then reach up to the 2-Day Prior Low at 1.3802 and potentially continue to the Weekly Open at 1.3835.
2021/04/08 Recap
DXY – Bearish day. Price did indeed move down from the time of the forecast posting. Price moved through the first target of yesterdays and then consolidated just short of the 2nd target of the Hourly OB at 91.89.
EURUSD – Bullish day. The EURGBP continued higher yesterday. That means the EURUSD also continued higher. My expectation was bearish day but with the cross pair not moving as I expected, the EURUSD is also not moving as expected. Price moved up to the Weekly OB at 1.1913 and then consolidated.
GBPUSD – Flat day. As I mentioned in the forecast, I am only bullish on the GBPUSD if the EURGBP drops, but it did not. This lead to consolidation in the GBPUSD and allowed the EURUSD to move higher.
2021/04/12
DXY
D1
-
Liquidity
Above 92.50
Below 92.00 -
Key Levels
Bearish – 2-Week Prior Low 92.72
Bullish –2-Month Prior High 91.60 -
Bias – Bearish
H1
-
Key Levels
Bearish – Weekly Open 92.21 … next NYMO 92.25
Bullish – OB 92.08 … next 91.89
Weekly … The dollar is at a key area. It could go either direction. There are strong liquidity pools on the weekly level drawing price in both directions, with price sitting at about equilibrium. Given that, I am looking for price to move lower this week, at least to the 2-Month Prior High at 91.60. This will be a key support area. If price pushed through this level, it will very likely continue moving down to the 91.00 level.
Daily … Price has already taken a big drop this morning. It has reached down to the Hourly OB at 92.08. I am expecting price to continue lower and take out last week’s low at 92.00 an move to at least the Hourly OB at 91.89.
EURUSD
D1
-
Liquidity
Above 1.1925
Below 1.1860 -
Key Levels
Bearish –OB 1.1913 (Weekly) … next 2-Month Prior Low 1.1952
Bullish – Rebalance Area 1.1836 (Weekly) -
Bias – Bullish
H1
-
Key Levels
Bearish – OB 1.1913 (Weekly) … next 2-Month Prior Low 1.1952
Bullish –Weekly Open 1.1900 … next NYMO 1.1893
Weekly … The EURGBP will play a key role in EURUSD movement. Right now it looks like the EURGBP will drop and offset the gains from last week. If this happens, we can expect the EURUSD to either drop or move sideways. If price drops, I will be looking for support at the 2-Week Prior High of 1.1794 and then move higher. Otherwise, we can see price fluctuate around between 1.900 and 1.1950. No that is not the range for the week, it would just be the area that draws price.
Daily … We saw a drop below the NYMO in early trading today and is currently trading above that level. I expect both the Weekly Open at 1.1900 and NYMO at 1.1893 to support price and keep it higher on the day. I am not trading this pair based on the EURGBP, but I will be looking for the stated support areas and a potential move up to the 2-Month prior Low at 1.1952.
GBPUSD
D1
-
Liquidity
Above 1.3900
Below 1.3675 -
Key Levels
Bearish – FVG High 1.3802
Bullish –RB 1.3687 -
Bias – Bullish
H1
-
Key Levels
Bearish – FVG High 1.3807
Bullish – OB 1.3907 … Weekly Open 1.3706
Weekly … With the EURGBP looking to move down this week, I am expecting the GBPUSD to move higher. However, note that on the GBPUSD, there is a large liquidity draw below 1.3675, but this is also a prior Weekly Bullish OB too. With this in mind, I will still be targeting a move higher towards to the Monthly and Weekly Rejection Blocks above 1.4200.
Daily … We have already seen a 100 pip range move today. I am still expecting more upside. Will be looking for a retrace down to the Hourly OB at 1.2709, which coincides with the Weekly Open. Then targeting today’s high at 1.3754 with an extended target of 1.3783.
2021/04/12 Recap
DXY – Bearish day. Price consolidated at the Hourly OB of 92.08 for the rest of the day. In early trading today though, it is up.
EURUSD – Bullish day. As expected, once price reached the Weekly OB at 1.1913, it consolidated for the rest of the day with the Weekly Open at 1.1900 acting as support.
GBPUSD – Bullish day. Price did move up as expected to the first target of 1.3754 where it formed the high of day just above and then retraced back down. Price did not initially retrace as need to get into a trade though.
2021/04/13
DXY
D1
-
Liquidity
Above 92.50
Below 92.00 -
Key Levels
Bearish – 2-Week Prior Low 92.72
Bullish –2-Month Prior High 91.60 -
Bias – Bearish
H1
-
Key Levels
Bearish – Weekly Open 92.21 … next NYMO 92.27
Bullish – OB 91.89
Weekly … The dollar is at a key area. It could go either direction. There are strong liquidity pools on the weekly level drawing price in both directions, with price sitting at about equilibrium. Given that, I am looking for price to move lower this week, at least to the 2-Month Prior High at 91.60. This will be a key support area. If price pushed through this level, it will very likely continue moving down to the 91.00 level.
Daily … The Dollar is primed for a move lower. So much liquidity building up below 92.00. Today I will be looking for a retrace up to the Weekly Open at 92.21, which aligns with an Hourly OB, followed be a move down into the liquidity below 92.00.
EURUSD
D1
-
Liquidity
Above 1.1925
Below 1.1860 -
Key Levels
Bearish –OB 1.1913 (Weekly) … next 2-Month Prior Low 1.1952
Bullish – Rebalance Area 1.1836 (Weekly) -
Bias – Bullish
H1
-
Key Levels
Bearish – OB 1.1913 (Weekly) … next 2-Month Prior Low 1.1952
Bullish –Weekly Open 1.1900 … next NYMO 1.1891
Weekly … The EURGBP will play a key role in EURUSD movement. Right now it looks like the EURGBP will drop and offset the gains from last week. If this happens, we can expect the EURUSD to either drop or move sideways. If price drops, I will be looking for support at the 2-Week Prior High of 1.1794 and then move higher. Otherwise, we can see price fluctuate around between 1.900 and 1.1950. No that is not the range for the week, it would just be the area that draws price.
Daily … Mirroring the Dollar, the EURUSD is building liquidity above 1.1925. I will be looking for price to move above this level today. But need a retrace to the Weekly Open at 1.1900 or NYMO at 1.1891 first.
GBPUSD
D1
-
Liquidity
Above 1.3900
Below 1.3675 -
Key Levels
Bearish – FVG High 1.3802
Bullish –RB 1.3687 -
Bias – Bullish
H1
-
Key Levels
Bearish – FVG High 1.3807
Bullish – NYMO 1.3731
Weekly … With the EURGBP looking to move down this week, I am expecting the GBPUSD to move higher. However, note that on the GBPUSD, there is a large liquidity draw below 1.3675, but this is also a prior Weekly Bullish OB too. With this in mind, I will still be targeting a move higher towards to the Monthly and Weekly Rejection Blocks above 1.4200.
Daily … Looking for price to move higher today. We got a nice bounce off the Rejection block the last two days. Now we will see if price can reach up into the liquidity of the Daily FVG above 1.3783 and at least fill in that area today. As usual, need a retrace down first. Will be looking for a move towards the NYMO at 1.3731 before price moves higher.
2021/04/13 Recap
DXY – Bearish day. Exactly what we were looking for. The dollar retraced up to the NYMO and then shot lower and absorbed all of the liquidity below 92.00. Price paused momentarily at the H1 FVG but then continued lower.
EURUSD – Bullish day. Also exactly as forecast. However, the retrace to the NYMO did not yield a high probability entry on the M15 … so no trade today. Missed about 60 pips on this move, but rules are rules for a reason. There will ALWAYS be another trade as long as you still have funds. Price retraced to the NYMO and a bit lower, then shot up to the liquidity above 1.1925 and continued up to the 2-month prior low at 1.1952.
GBPUSD – Flat day. Price essentially moved sideways, allowing the EURUSD to move higher. Price did retrace down to the NYMO and much lower, actually down to the Hourly OB at 1.3709. On the M15, there was a low probability entry just above the NYMO. But again … low probability meaning it did match my trading rules. Had I taken this trade, I would have been stopped out.
2021/04/14
DXY
D1
-
Liquidity
Above 92.50
Below 91.40 -
Key Levels
Bearish – 2-Day Prior Low 92.01 (also MB)
Bullish –2-Month Prior High 91.60 -
Bias – Bullish
H1
-
Key Levels
Bearish – 2-Day Prior Low 92.01 … next Weekly Open 92.21
Bullish – NYMO 91.76 … next OB 91.89
Daily … Will be looking for the Dollar to move higher today and reach for the 2-Day Prior Low at 92.01 which is also a Mitigation Block. Price is near it now, but will be looking for support around the NYMO at 91.76 prior to the move higher.
EURUSD
D1
-
Liquidity
Above 1.1990
Below 1.1860 -
Key Levels
Bearish –FVG High 1.2043
Bullish – 2-Day Prior High 1.1956 … next Rebalance Area 1.1836 (Weekly) -
Bias – Bearish
H1
-
Key Levels
Bearish – NYMO 1.1958 … next OB 1.2032
Bullish – 2-Day Prior High 1.1956 … Next Weekly Open 1.1900
Daily … Looking for the EURUSD to drop down to at least Monday’s high at 1.1956 and possibly the Weekly Open at 1.1900. Price is currently sitting at the NYMO area, which is where I will look to price to continue moving down.
GBPUSD
D1
-
Liquidity
Above 1.3900
Below 1.3675 -
Key Levels
Bearish – RB 1.3901
Bullish –RB 1.3687 -
Bias – Bearish to flat
H1
-
Key Levels
Bearish – FVG High 1.3807 (already hit today) … next RB 1.3901 (Daily)
Bullish – NYMO 1.3768 … next Weekly Open 1.3706
Daily … Price filled the Hourly and Daily FVG’s in early trading and is now moving lower. Not expecting a big move on the GBPUSD today due to the EURGBP chart. Will either move sideways from this point or could drop a bit, possible to the Weekly open at 1.3706.
2021/04/14 Recap
DXY – Bearish day. The dollar was down on the day, contrary to my forecast. The NYMO could not support price as it hovered around that area for a few hours, before finally giving out. Price then moved down to the 2-Month Prior High at 91.60, where it has found support.
EURUSD – Bullish day. On the EURUSD, the NYMO DID support price yesterday and eventually led it to a higher move. I did take a trade in this pair yesterday. Went short at 1.1965 and price moved sideways, then dropped to 1x before moving higher and taking my SL. I did not follow my trading rules! If price does not move in my direction, I am supposed to close the position. But I “felt” like price was going to drop and … well … the result was a loss. FOLLOW YOUR RULES!
GBPUSD – Bullish day. Price moved back up into the FVG and then consolidated for the rest of the day. I expected a flat day and essentially, that is what we got.
2014/04/15
No Forecast today.
2021/04/16
Today’s forecast is out a bit early. I prefer to wait until much closer to the NY session. But here you go.
DXY
D1
-
Liquidity
Above 91.50
Below 91.40 -
Key Levels
Bearish –FVG High 92.01 (also MB)
Bullish –2-Month Prior High 91.60 (Already hit) -
Bias – Bearish to flat
H1
-
Key Levels
Bearish – NYMO 91.76 … next OB 92.01
Bullish – 2-Month Prior High 91.60 (Already hit) … next OB 91.20
Daily … The 2-Month Prior High has acted as nice support for the last two days. Can that continue today? Not looking for a large move today. Price could stay rangebound between the NYMO at 91.76 and the 2-Day Prior High at 91.60 … leaving movement in the EURUSD and GBPUSD up to the EURGBP, which is moving higher today.
EURUSD
D1
-
Liquidity
Above 1.1990
Below 1.1860 -
Key Levels
Bearish –FVG High 1.2043
Bullish – FVG Low 1.1919 … next Rebalance Area 1.1836 (Weekly) -
Bias – Bullish to flat
H1
-
Key Levels
Bearish – next OB 1.2032
Bullish – NYMO 1.1957 … next OB 1.1904
Daily … Looks like the low of the day was made during the Asian session. We could see price take out yesterdays high and head up into the Daily FVG above 1.1990. There has already been a retrace down to the NYMO at 1.1957, but there could be another … although it would not be as reliable.
GBPUSD
D1
-
Liquidity
Above 1.3810
Below 1.3675 -
Key Levels
Bearish – RB 1.3901
Bullish –RB 1.3687 -
Bias – Bearish
H1
-
Key Levels
Bearish – NYMO 1.3758 next … FVG High 1.3807 (already hit today)
Bullish – RB 1.3687 (Daily)
Daily … Looking for price to continue to the downside today. We have already had a strong move away from the NYMO in early trading. Will be looking for a retrace back up to this level around 1.3758 and then the push lower. The Daily Rejection Block at 1.3687 would make a nice low for the day … but … price could extend below 1.3670 and take both this week’s and last week’s lows, where the liquidity is currently residing.
2021/04/19
No forecast again today. Have been pretty sick for few days. Hopefully Tuesday or Wednesday I can get back to posting daily.
1 Like
Hello,
Do you have any predictions for EURUSD this week?
We’ve had a huge rally so far…but…will it last through the week?
Thanks
Hope you get better soon 
1 Like