EUR/USD - 15/04/2020 - feels like a dangerous place to be in on this pair.
It’s really testing the 1.09 level and might be ripe to break through (or has already broken through).
I think economic data from U.S. may be more positive than expected though the virus is taking hold there and easing in Europe.
Trump talking about getting the economy back up and running so soon may have helped with these initial sells.
All my orders are closed at the moment and have hit TP on my sells from Monday.
We’re either following the uptrend or breaking through, I’m watching US economic data closely then following the direction as gains have been huge in this pair of late.
May all come down to how this 4hr candle settles.
Think we might see some strength back for the USD?
EURUSD had bull run just in few four hour sessions where the price have reached resistance level. That level is hard to break up and price formed two bearish Pinbar.
Daily time frame is showing bearish Pinbar. All those signals suggest we could see price moving down to the range area support level.
While the bearish Pinbar have pushed the price back from the resistance level first support where it could find bull pressure is around 1.09550 level and 1.09220 level. There are smaller support level that could make small impact.
Hi everybody, sorry for the hiatus. Been spending time with family more during lockdown awaiting the birth of my son kicking the analysis back off today
EUR/USD - 23/07/2020 - EU Summit success a huge factor in the buys this week.
1.141 became a key level kicking things off on Monday, showed that pair was ripe for a buy.
As it never made a go of the previous 1.138 level it cave me confidence to get into the longs and await EU news.
Lots of USD news out today starting at around 1pm GMT and using this as a key to where the market is flowing.
I’m looking at the 1.156 level for new entries, data may be good for USD and make the pair retrace down to uptrend support lines.
If 1.156 isn’t touched or is tested with not much ferocity I’ll be placing longs, anything bellow will be shorts for me.
How you all feeling about the pair? Think we’re gonna see the 1.156 level broken?
Boom, back to it Feel free as always to jump in and add your own ideas
EURUSD - 09/08/2021 - Looks like we’re set to test 1.17.
Positive US employment data and tepid EUR economic data has pushed EURUSD lower.
The upbeat NFP and the FED saying that the central bank is likely to hit its economic targets by the end of 2021 and start raising rates again in 2023 is giving the USD a clear pathway to economic recovery.
EUR however has been showing weaker economic data leading me to lean towards further sells this week.
Looking to next week we have German and US releasing CPI on Wednesday should definitely be one to look out for.
How do you guys think we’ll react to 1.17? See it going further?
EURUSD - 16/08/2021 - We came down to test the 1.17 level as predicted.
The retrace was pushed higher on Friday due to the “August Michigan Consumer Sentiment Index, which unexpectedly plunged to 70.2, its lowest in almost a decade.”
There are also bearish USD sentiments flue to the rise in the delta variant in certain states with low vaccination rates.
In general EUR economic data was good but not ground breaking, leading me to look towards a further retest of 1.17.
On Monday the US will publish the NY Empire State Manufacturing Index for August which I’ll be watching closely to set the tone for the week.
Tuesday will be EUR gdp and USD retail sales to watch and will be looking for a stronger retail sales from US approx midday GMT.
Do you guys see us going back down to 1.17? Or are there more gains to be made on EURUSD?
EURUSD - 28/08/2021 - The EURUSD came down to test and fall under the 1.17 mark as said in my last analysis but now geopolitics and mixed US data is keeping the EURUSD afloat.
The main factor that shot the EURUSD to 1.18 was Powell’s speech about tapering that seemed to dip USD.
We should see some tapering around mid September though he hinted at next weeks job count (NFP) to be one to watch.
The FED will likely begin to withdraw its monetary policy support for the economy before the end of the year.
All in all mixed bag of economic data from all sides as uncertainty of virus still making policy makers cautious.
I’ll be looking for sells this week, along with everyone else, with the NFP being the big boy on Friday.
The price is at 1.19000. It had a strong rejection earlier at the level. Thus, it may get bearish and come at 1.18500. A Double Top at 1.19000 may attract the sellers to go short in the pair. On the other hand, a breakout at 1.19000 may push the price towards 1.19750.
I’d anticipate a bullish movement above 1.190 - we’ll see though.
I don’t think the news out of the US is looking overtly promising long term as more and more people become aware of how heavily inflated the currency is becoming.
I guess we’ll see, I feel like all US pairs are in tricky positions this past week.
EURUSD - 13/09/2021 - The pair retraced back down to 1.18 and keeping bulls in check.
1.19 looks like strong res to play off in the future failing to break for a second peak.
Slow week in the economic Callander with somewhat positives on both sides.
ECB neutral cautious tone helped the pair to slip with no signs of change in policy though they recalibrated their (Pandemic Emergency Purchase Program) and revised it’s target for inflation so going long from here might not be out of the question.
Looking at this week it looks like a lot of retail traders are setting up doge another stab at 1.19 and I’ll be looking to join them.
Do you guys see us in a downtrend or think we’re going to challenge the 1.19 milestone?
kicking the analysis back off today 
