Ellison EUR/USD Morning analysis 27/06

ที่อัปเดต:
Continuing on from yesterday's analysis, I would be looking for more buys above 1.093 and 1.096.

We have been creating a steady bullish structural wave on the 1h timeframe and I expect for it to be maintained.
Price has been messy and quite slow, but I'm putting that down to the news we have coming up this week. I'd like to get my trades done and out of the way before it all hits.

Noticeable news this week:
The ECB Banking forum spread over the week.
Today - US consumer confidence.
Thursday - US jobless claims and US Quarterly GDP.
Friday - Lots of European and US data.
บันทึกช่วยจำ
สแนปชอต
Like butter. potential 30 minute entry with a relatively small SL.
Enter on a close above the previous candle body highs and above my key price point of interest.
บันทึกช่วยจำ
สแนปชอต
If you want to look for entries but missed the initial idea, look for pullbacks to 1.093 or slightly below to my hot zone.
บันทึกช่วยจำ
สแนปชอต
Pullback and structure break entry on the 1m
บันทึกช่วยจำ
Just throwing out some ideas to get perspective on how to potentially enter trades in the future, I'll never give signals.
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
สแนปชอต
สแนปชอต
สแนปชอต
Trade ideas from today so far. It looks like the bullish momentum will continue into the resistance neckline at 1.096.
Either take partial profits there or watch for a reaction.
บันทึกช่วยจำ
สแนปชอต
US durable goods came out a lot better than expected.
With a previous growth of 1.1% and an expected growth of -0.8%. The figure came out above forecast and previously at 1.7% growth.
This has created a tiny initial burst of dollar bullishness, but I don't believe it will have much weight in the long run and we will continue bullish on EUR/USD.
บันทึกช่วยจำ
สแนปชอต
The move was a mere 10 pips down and has quickly been absorbed.
If you zoom out this news has been insignificant.
บันทึกช่วยจำ
สแนปชอต
If you've followed my idea shared from Friday's analysis, your buy would be up 90pips right now and hold 1:8rr
บันทึกช่วยจำ
สแนปชอต
Both buy zones smashed through. With the dollar falling after its interest rate pause, a rise in EUR/USD is a no-brainer.
บันทึกช่วยจำ
สแนปชอต
A lovely opportunity to get in again.
If we get a significant close above 1.096, in 5m 15m or 30m, we can enter buys.
บันทึกช่วยจำ
สแนปชอต
Just like I said, last idea of the day. set and forget, I'll look at this tomorrow.
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