Welcome back to another Eurusd Video Analysis
0:0 Monhtly timeframe
1:25 Weekly timeframe
3:10 Daily timeframe
6:02 4Hr tiemframe
6:53 1hr timeframe
10:00 Bias for the session
I'm looking for a pullback with London Session. This is because we have seen that price created an aggressive 33 Pip push up with asian session and eurusd has pulled up early in the daily candle. We have clean traffic back down to 1.1078 on the 1hr timeframe. We have an additional clean range from 1.1078 to 1.1056. If price decides to continue it's ascent, we have a solid range in which we have already tapped into with asian session. This range extends from 1.11 1hr zone to 1.11359 4hr resistance zone. If we go Up I see us retesting 1.1078 anyways during NY session if we don't do it with London. The 4hr just failed to close above 1.11 prior to london session. We may go to retest 1.11178 daily high with Eur interest rates, we'll see.
0:0 Monhtly timeframe
1:25 Weekly timeframe
3:10 Daily timeframe
6:02 4Hr tiemframe
6:53 1hr timeframe
10:00 Bias for the session
I'm looking for a pullback with London Session. This is because we have seen that price created an aggressive 33 Pip push up with asian session and eurusd has pulled up early in the daily candle. We have clean traffic back down to 1.1078 on the 1hr timeframe. We have an additional clean range from 1.1078 to 1.1056. If price decides to continue it's ascent, we have a solid range in which we have already tapped into with asian session. This range extends from 1.11 1hr zone to 1.11359 4hr resistance zone. If we go Up I see us retesting 1.1078 anyways during NY session if we don't do it with London. The 4hr just failed to close above 1.11 prior to london session. We may go to retest 1.11178 daily high with Eur interest rates, we'll see.
Comentarios:
We've gone to create a new Weekly Low with better than expected USD GDP data and already priced in EUR interest rates. We've decreased as anticpated but this was after a retest of 1.11359 4hr resistance zone. The USD Interest rate decision Daily candle yesterday has now seen it's range engulfed. Thursday's usually provide quite the spectacle.
