EURUSD Quick Buy before the Drop

2024年12月22日

I anticipate a quick buy opportunity on EURUSD before a potential sell-off, driven by both technical and fundamental factors. The orange supply zone indicates a critical resistance area where sellers are likely to step in, while the green demand zone serves as a strong support. If the price retraces to the demand zone and holds, a short-term bullish move toward the supply zone is likely. Fundamentals also support this bias, with temporary strength in the euro stemming from recent data, while broader macroeconomic pressures on the eurozone suggest a continuation of bearish momentum after the short-term rally.

2024年12月28日

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The Euro Dollar is Bearish with this current Buy pullback we forecasted last week. I'm looking at buying more from Monday but with the holidays the momentum and volume required is missing.

Will likely stay out of trades next week.