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EURUSD - Updated Analysis (Bearish Bias)Hello hello, I am anticipating TWO possible scenarios. For context, you would have to know ICT's Concepts, particularly Time & Price Theory, Price Delivery Continuum, and the PD Array Matrix. Sounds fancy shmancy, but it isn't, it's actually quite beautiful. Anyway, the TWO scenarios are: 1. Price comes up into the RED circle area. We have a large inefficiency on lower timeframes. On the Weekly we see a Body Breaker and a New Month Opening Gap. After that, price displaces lower this Thursday or Friday as there is also NFP. What i'm looking for is price closing below the current SIBI that the Weekly candle is in. 2. Price does not come up to that area this week, then I am looking for a 3W Sibi to be created and traded into first before moving lower. But preferably, I would like to see that no Weekly candle closes above the current Weekly gap. Please refer to my previous EURUSD analysis for more information on what I am looking for, and how I am looking for it. - R2F
by Road_2_Funded
2
EU's Digital Dominance Crackdown: Apple's iPad Added to RadarThe European Union (EU) has extended its regulatory reach to encompass Apple Inc.'s iconic iPad. This expansion, under the auspices of the Digital Markets Act (DMA), underscores the EU's commitment to fostering fair competition and curbing potential monopolistic tendencies among Big Tech giants. The decision marks a significant juncture for Cupertino-based Apple, as it faces a new set of stringent rules aimed at ensuring a level playing field in the digital arena. The DMA, which recently came into full force, targets six tech behemoths deemed as digital "gatekeepers," including Apple ( NASDAQ:AAPL ), Meta Platforms Inc., Alphabet Inc.'s Google, Amazon.com Inc., Microsoft Corp., and ByteDance Ltd., the parent company of TikTok. Under the DMA's purview, designated firms are compelled to adhere to a series of preemptive measures aimed at thwarting anti-competitive practices before they can take root. Notably, Apple ( NASDAQ:AAPL ) now has a six-month window to align its iPad ecosystem with the regulatory framework outlined by the EU. This entails a gamut of obligations and prohibitions, including allowing users to download apps from sources beyond Apple's ecosystem and granting them the ability to uninstall preloaded applications. Margrethe Vestager, the EU's Competition Commissioner, emphasized the rationale behind bringing iPadOS under the DMA's umbrella, citing its pivotal role as a gateway for numerous companies to reach their customers. She underscored the EU's commitment to preserving fairness and competition in the digital marketplace, signaling a proactive stance against potential monopolistic behaviors. Apple's ( NASDAQ:AAPL ) response to the regulatory encroachment reflects a delicate balancing act between catering to European consumers' needs and addressing the new privacy and data security risks posed by the DMA. The company remains steadfast in its commitment to delivering value to European users while navigating the evolving regulatory landscape. The inclusion of the iPad in the DMA's ambit signifies a broader trend of regulatory scrutiny confronting tech giants worldwide. With regulators increasingly scrutinizing digital platforms' market dominance and their impact on competition and innovation, the tech industry faces a paradigm shift in regulatory oversight. The ramifications of the EU's digital dominance crackdown extend far beyond Apple ( NASDAQ:AAPL ), reverberating across the tech ecosystem and prompting industry-wide reflection on business practices and market dynamics. As regulatory pressures mount, tech companies are compelled to reassess their strategies and business models to navigate the evolving regulatory terrain while maintaining their competitive edge. In this era of heightened regulatory scrutiny, the EU's move to bring the iPad under the DMA's purview underscores the imperative of fostering fair competition and innovation in the digital marketplace. Despite the regulatory scrutiny, Apple Inc. ( NASDAQ:AAPL ) stock is up 4% trading with a moderate Relative Strength Index (RSI) of 58.85 indicating further room for growth.
NASDAQ:AAPLLong
by DEXWireNews
EURUSD 28/4/24Starting off as we do most weeks with EURUSD we gave out this idea way back at the start of this month and we are finally starting to see price line up with our bias, now of course as always we are waiting for an idea we have to line up and provide context tot the higher time frame move to then allow us to trade on the lower time frames, this is now in play from the view of the 1hr chart as you see marked on our chart here! At the end of last week we had a nice break to the downside leaving some clear spaces for us to watch to confirm this downside shift, after all we spent most of last week travelling up with speed and momentum. now because we see a sign this might be changing i am looking to confirm this and sell into the daily and weekly trend of down! Points to watch this week. FVG on this new hourly range, OB at the top of the range that gave this move the power it currently has. Remember we aren't picking and choosing what price does we trade what it chows us and add relevance and context depending on where it decides to do certain things. Trade what you see, not what you believe you should be seeing!
by PipSurfingSociety
EUR/USD: Potential Reversal Signals Amidst Economic Data In the dynamic world of forex trading, every fluctuation in currency pairs tells a story. The EUR/USD pair, a perennial favorite among traders, often serves as a barometer for global economic sentiment. In recent sessions, its movements have captured attention, offering insights into market expectations and reactions to key events. Yesterday, during the American session, the EUR/USD pair witnessed an uptick, largely attributed to disappointing housing data from the United States, which exerted downward pressure on the US Dollar. This movement drew attention to specific technical indicators that signal potential shifts in market sentiment. One notable observation was the formation of a Gartley pattern, a harmonic trading pattern that signifies potential trend reversals. Additionally, Fibonacci retracement levels indicated significant support and resistance zones, further corroborating the potential for a reversal. Moreover, divergence on the stochastic indicator on the daily timeframe added another layer of confirmation to this narrative. However, amidst these technical signals, the market received a dose of hawkish commentary from Federal Reserve Chairman Jerome Powell. His remarks bolstered US Treasury bond yields, thereby providing support to the US Dollar. This development added complexity to the analysis, highlighting the interplay between technical indicators and fundamental factors. As the London session commenced, all eyes turned to the EUR/USD pair, which appeared poised to continue its potential reversal and gain momentum. The absence of high-tier data releases from the US economic docket on Wednesday provided traders with an opportunity to focus on other catalysts influencing market dynamics. In particular, scheduled speeches from European Central Bank (ECB) policymakers, including President Christine Lagarde, and Federal Reserve officials promised to offer insights into monetary policy outlooks and potential market-moving statements. Traders anticipated these remarks with keen interest, recognizing their potential to influence the trajectory of the EUR/USD pair. Against this backdrop, traders were cautiously optimistic, looking for signs of a bullish impulse and a confirmed reversal. The convergence of technical signals and fundamental developments underscored the complexity of navigating the forex market. Successful trading strategies required a nuanced understanding of both technical analysis and macroeconomic factors.
Long
by FOREXN1
2
EU bearish confluence. MultitimeframeEU Weekly: EU 4h: Overall, a lot of bearish confluence across the timeframes. Look for further confirmation and entry setups. ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Short
by Yelli_trades
EURUSD - Short Trade IdeaThis is just a "prediction" on what may occur on EURUSD. Price has reversed to the upside since bottoming out on the 2nd of April 2024. This coincides with the US Dollars seasonal tendency. However, I have been bullish dollar and expecting a continuation of lower prices on XXXUSD currencies. Currently, I am waiting for a reversal to occur, preceded by a final fake-out to bait the herd into going long. This would likely happen at a high-impact news driver such as the upcoming CPI or PPI. There is a Hidden Bearish Orderblock on the 4h timeframe, so that currently is my area of interest for this event to happen. Of course, this is all just anticipation. If the sequence of events in time and price do not align, I will just wait on the sidelines for more confirmation in market structure. - R2F
Short
by Road_2_Funded
EURUSD 14/4/24EU here with another pretty clean cut move! As we called from the start of this year we are seeing that new daily low placed into the market here with a clear direction as to what we want to see follow this, iam now looking for a low to confirm, this will require price pulling back to produce a low structure point this will then allow the market to make another deeper push for a new bearish structure to form, the points i am watching for this are the OB that caused the BOS of the major low, this is the first red line shown on our chart (50%) and then we have our higher zone which is a daily order block that we responsible for the structure shift and lower prices in the first place! bearish is the trend and bearish is the bias! Follow what price is showing you and dont count on a pullback! trade safe and trade your plan!
by PipSurfingSociety
EU D Bearish Idea 3/17/24There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on the monthly, plus if you FIB the last bearish swing on the monthly price is at the 50% area of that FIB. Last week printed a M on the daily & broke the neckline. Looking for the retest of the neckline and price to continue bearish. If price engulfs bullish I will adjust and look for buys
Short
by cecedidit
3
EURUSD 7/4/24EU starting off our weekly markups, we are looking at exactly what we called for way back at the start of last month which is price creating daily highs and lows bringing us an overall lower low on the weekly TF, as we know this always need a form of pullback to create these structures. On our chart you can see we have an idea of what we would like to see, this is for price to drop down into the lower zones we have marked and then travel higher, we established the bullish move on Friday and at the end of last week telling us we need to see better prices for sells, where we sit we also need to see better prices for buys as well! Taking the high to the left has shown us that bullishness is most likely to follow in again this week so we look for the best area to give us context for more higher timeframe structure to form. follow PA and trade your plan.
by PipSurfingSociety
EURUSD 31/4/24Eu to start things off as we do most weeks! This week we have a pretty simple out look, now this is mainly based on the fact we have an overall bullish movement currently on DXY meaning we are most likely going to see a shift lower on our USD secondary pairs, now taking that idea into consideration i am looking at 2 possible places to look for the sells to come into play! The first place being the high of our last sell range on the 15/5min chart, this is the area we sold off from on Friday BUT because it was easter weekend we barely moved due to the lack of liquid within the market. The second place iam looking at is the untapped zone just below our last major hourly high that is pretty much the best place to sell from but we know pullbacks don't have to happen in a trending move. iam overall looking at the green areas below for our first targets and we will watch price for a new low, main focus is the higher timeframe bias which is a new daily low to be formed! Trade safe use the correct risk and trade your plan!
by PipSurfingSociety
1
EURUSD - Short Trade IdeaBearish trade idea on EURUSD. The next DOL/Target from my point of view is the REQLs below 1.0795 at the first objective. My POI to look for a short is within the 12h Sibi residing not too far away which is also a Unicorn setup. There is news on Tuesday, either to initiate the manipulation and reversal, or continuation of the reversal that will happen today (Monday, 25th March 2024). This is what I am anticipating and will wait for price to show evidence of a reversal before initiating a short. - R2F
Short
by Road_2_Funded
4
EURUSD 24/3/24Starting off our week with the EU chart on the hourly timeframe, we broke our swing structures lower and shifted bearish to line up with the daily timeframe, we have 3 projections here for this chart we are currently in a bearish structure which you can see highlighted in this markup. i am expecting price to drop lower into our demand zone marked up in green and then to shift our swing structures bullish ready for the pullback to create the next high in price. Alternatively we could have a bullish shift early on in the week then lead us into more bearish PA and our demand we have marked! Either way the trend is set and the markets are open, trade what you are given not what you want to see!
by PipSurfingSociety
Eu Effortless SellsSimple but effective sells on Eu. Keep it stupid simple Eu was selling, I don't like guessing, so I sold in accordance with the momentum. My entry was based on price stop hunting a level on the lower timeframe. Momentum is the key to make my strategy work. If there is no momentum in the market. My strategy will fail almost every time. This trade went up to 1:4 Risk reward but is currently floating at 1:2.66 RRR. My stop loss is at break even at this point as well so I am just chilling waiting to see what happens next. Follow for more updates. Godspeed to all traders
Short
by Brandon_evo4
3
EURUSD 17/3/24EU to start our week off, following on from our last weeks mark-up we are still looking for the same setup we had from then which is price to give us a run of the SWH into a bullish run and lead into the next major high on the daily timeframe. This would involve price either running the low that we put in on Friday, and then giving us an entry or taking the high first and then giving us an entry for running to the new daily highs. as it stands we have a bullish range on the 5min timeframe, this will act as our liquid as we come into the new week price we look to seek one of these points and then we can gauge our next move based off of which point is ran first. Main thing to always keep in mind is we follow what price is doing and where our ideal entry points are don't trade what we want to see trade what we are given!
by PipSurfingSociety
2
EURUSD 10/3/24EU markup here with almost the same thing as GU with a nice run of the highs on Friday. Looking for a drop here early on our week to lead us into a potential lower priced buy move, mainly we are looking towards our last low as liquid and the demand responsible for the push above our major highs on Friday. il be looking for low risk shorts from our liquid sweep and then some new long positions from the highlighted demand below, leading us into a new high move and giving us a relatively good pullback move! trade what you see and not what you want!
by PipSurfingSociety
GBPUSD 10/3/24GU ran major highs on Friday, and we have seen that the markets what higher prices so we of course will follow this rally as we have from the major lows at 1.25400. The ideal move for us here is the price to pullback into a lower areas and give us a nice long move out of said areas, we have seen a pretty big shift into our highs without pullback so this is what we are looking for, 50% pullback move lower to the demand that broke the highs and caused our HTF BOS and sweep of the same highs. lets see if we are lucky enough to get this i am also looking for some low risk shorts from the liquid move that we have just seen take out the 4HR highs. lets watch what price does and then act accordingly!
by PipSurfingSociety
EURUSD & DXY OUTLOOK | 4HDXY is kinda aligning with my bias. I personally think it will go for the imbalance and the gap will act like a base. For EU I'd look for shorts in the whole retracement zone. I have two POIs which I marked - 2WT & DBD. I always make sure DXY aligns with EU when I'm entering. Keep it in mind. The whole retracement zone is a big supply zone. I personally do not think that EU will exceed it but in case it does the same POIs will work as Demand - D>S. What do you think? 2WT = 2 Way Trap DBD = Drop Base Drop Supply Zone
by curtal