✅ Daily Timeframe Insights:
The EUR/USD has been consolidating between the 25% and 75% levels of its range. A potential upside continuation is expected if the demand zone at the bottom of the range holds. We’re eyeing a breakout of key levels for a bullish push.
✅ Weekly Timeframe Overview:
The EUR/USD is poised to target the previous week's high, supported by a weekly structural shift. This aligns with a broader retracement from liquidity lows, indicating strong momentum for further upside in the short term.
✅ Key Levels to Watch:
Resistance at 1.04670 (December high) is critical for further bullish confirmation.
Immediate downside risk arises if the current demand zone fails to hold.
✅ Economic Impact:
Today’s inflation data release will likely drive significant volatility. Traders should prepare for rapid price action and adjust strategies accordingly.
⚙️ Technical Tools & Key Concepts Used:
Liquidity zones
Supply & demand analysis
Fibonacci retracements (0.5 and 0.618 levels)
Weekly and daily fractal structure shifts
🚀 Forecast Summary:
While the bullish trend remains intact, news events like inflation figures could create temporary volatility or even reversals. For now, EUR/USD’s demand zones remain in control, favoring upside continuation. A break below key levels would signal short-term bearish opportunities.
Tags:
#EURUSD #ForexTrading #TechnicalAnalysis #SupplyAndDemand #PriceAction #TradingStrategy
The EUR/USD has been consolidating between the 25% and 75% levels of its range. A potential upside continuation is expected if the demand zone at the bottom of the range holds. We’re eyeing a breakout of key levels for a bullish push.
✅ Weekly Timeframe Overview:
The EUR/USD is poised to target the previous week's high, supported by a weekly structural shift. This aligns with a broader retracement from liquidity lows, indicating strong momentum for further upside in the short term.
✅ Key Levels to Watch:
Resistance at 1.04670 (December high) is critical for further bullish confirmation.
Immediate downside risk arises if the current demand zone fails to hold.
✅ Economic Impact:
Today’s inflation data release will likely drive significant volatility. Traders should prepare for rapid price action and adjust strategies accordingly.
⚙️ Technical Tools & Key Concepts Used:
Liquidity zones
Supply & demand analysis
Fibonacci retracements (0.5 and 0.618 levels)
Weekly and daily fractal structure shifts
🚀 Forecast Summary:
While the bullish trend remains intact, news events like inflation figures could create temporary volatility or even reversals. For now, EUR/USD’s demand zones remain in control, favoring upside continuation. A break below key levels would signal short-term bearish opportunities.
Tags:
#EURUSD #ForexTrading #TechnicalAnalysis #SupplyAndDemand #PriceAction #TradingStrategy
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.