EURUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): DOWN
Market Background (mid-term): WEAK
Supply/Demand: N/A
Support (nearest): 1.13357
Resistance (nearest): 1.14211
Next Event: ADP Non-Farm Employment Change (1h 14m)
Next High Impact Event: ISM Manufacturing PMI (1d 2h 59m)
Volatility: LOW (-16% avg.)
Daily Range (Expected): 1.1312 – 1.1379 / 44% of avg. daily range Completed

EURUSD

On this one, we are expecting a support breakout with high volume. The background is weak, the trend is pointing down despite of this recent ranging. The only thing we need to be careful with is high impact news (Non-farm is close) and the nearest support 1.1335 as the price may always reverse. (this ranging may be an accumulation that can go up with non-farms)

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

GBPUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): UP
Market Background (mid-term): WEAK
Supply/Demand: N/A
Support (nearest): 1.26618
Resistance (nearest): 1.2780
Next Event: ADP Non-Farm Employment Change (3h 14m)
Next High Impact Event: Manufacturing PMI (1d 0h 29m)
Volatility: REGULAR (-2% avg.)
Daily Range (Expected): 1.2663 – 1.2751 / 59% of avg. daily range Completed

GBPUSD

Here we are looking at possible short trade in a few hours. Mid-term trend is down, the background is weak, there is a resistance at 1.2780 and daily range upper region is near resistance. So it is recommended to check if this price goes near the resistance and from there retraces back down. Just be careful with high impact news, don’t open a trade 1 hour before it or less. It is safer to trade after the impact.

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

GBPUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): DOWN
Market Background (mid-term): WEAK
Supply/Demand: N/A
Support (nearest): 1.26618
Resistance (nearest): 1.3044
Next Event: Net Lending to Individuals m/m (0h 29m)
Next High Impact Event: CB Consumer Confidence (1d 4h 59m)
Volatility: LOW (-16% avg.)
Daily Range (Expected): 1.2787 – 1.2875 / 40% of avg. daily range Completed

HIGHLIGHTS:

  • Recent Institutional Selling detected
  • Nearby Long-term Support at 1.2785

GBPUSD

Here is a good example when we should not trade. The downtrend is looking good, the background is weak, we have a supply signal from VSA, so everything is fine, BUT Friday closed with two demand signals on the same area and we have Nearby Long-term Support at 1.2785. So even if this setup wins today, you should consider ignoring these trades because, in the long run, they will bleed your account.

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

GBPUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): DOWN
Market Background (mid-term): WEAK
Supply/Demand: Recent Supply @ 1.2947
Support (nearest): 1.29219
Resistance (nearest): 1.31038
Next Event: HPI m/m (2h 59m)
Next High Impact Event: Core Durable Goods Orders m/m (1d 2h 29m)
Volatility: REGULAR (+9% avg.)
Daily Range (Expected): 1.2932 – 1.3027 / 70% of avg. daily range Completed

HIGHLIGHTS:

  • Recent Institutional Selling detected
  • Nearby Long-term Support at 1.2922

GBPUSD

Everything is pointing on downtrend continuation. Weak background, big selling, except we have Nearby Long-term Support at 1.2922. So be careful with this one. It looks like the price is going to break it with big volume. So keep checking on it until you can confirm it.

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

EURUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): UP
Market Background (mid-term): WEAK
Supply/Demand: Recent Demand @ 1.1468
Support (nearest): 1.14329
Resistance (nearest): 1.16215
Next Event: Consumer Confidence (0h 59m)
Next High Impact Event: Main Refinancing Rate (1d 22h 44m)
Volatility: REGULAR (-8% avg.)
Daily Range (Expected): 1.1430 – 1.1499 / 68% of avg. daily range Completed

EURUSD

After yesterdays correct prediction on the price movement, today we have an interesting situation also. The price is ranging with support at 1.14329 and so it got our attention. We already received one demand signal but the background is not clear yet. So it is recommended to check if the price goes down again near the resistance and we receive another signal (demand or low volume on down bars). The price might turn up to go again near 1.1500. Also, there is the possibility of a strong break of the support. If bears come with big volume might see a down trend and might start to look for short positions.

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

EURUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): DOWN
Market Background (mid-term): WEAK
Supply/Demand: Recent Supply @ 1.1532
Support (nearest): 1.14322
Resistance (nearest): 1.16215
Next Event: German PPI m/m (19h 59m)
Next High Impact Event: Main Refinancing Rate (3d 1h 44m)
Volatility: REGULAR (+10% avg.)
Daily Range (Expected): 1.1477 – 1.1544 / 77% of avg. daily range Completed

HIGHLIGHTS:

  • Recent Institutional Selling detected

EURUSD

Here we have a good example of how VSA signals can be used with our new daily range indicator. The background of higher timeframes (H1,H4,D1) is weak and there is a supply signal on top of daily range area (1.1477 – 1.1544 / 77% of avg. daily range Completed). At nearly 8o% and above we should look for reversals entries. Also, there was a good shadow on signal candle showing us how bears pushed the price down out of the upper daily range area. When everything gets alined as in this example that is when we want to open our trades.

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

EURUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): UP
Market Background (mid-term): WEAK
Supply/Demand: Recent Demand @ 1.1447
Support (nearest): 1.14322
Resistance (nearest): 1.16215
Next Event: Existing Home Sales (2h 59m)
Next High Impact Event: N/A
Volatility: REGULAR (+0% avg.)
Daily Range (Expected): 1.1420 – 1.1488 / 54% of avg. daily range Completed

HIGHLIGHTS:

  • Recent Institutional Buying detected

EURUSD

Here we have an interesting situation that requires attention. Despite of weak background and mid-term downtrend, we have a Support (1.14322) that also is the recent lower range of 1H EURUSD. So, in this case, there is a strong possibility of the trend change, which is why we should look for trend change signals in this area (like short volume and demand signals). On the other hand, if the price breaks Support (1.14322) with high volume we should look for short positions since the mid-term downtrend may continue.

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

EURUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): UP
Market Background (mid-term): STRONG
Supply/Demand: N/A
Support (nearest): 1.1535
Resistance (nearest): 1.16104
Next Event: Industrial Production m/m (0h 14m)
Next High Impact Event: EU Economic Summit (21h 14m)
Volatility: REGULAR (-7% avg.)
Daily Range (Expected): 1.1549 – 1.1618 / 47% of avg. daily range Completed

EURUSD

Here we have an interesting situation. The price is in the range and we need to look at the resistance which is also the same level of upper daily range. If the price reaches that area of interest then we should look for possible reversals entries and also if the price breaks it with big volume then long positions should be looked for. Taking into account that the background is strong.

 

» Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators! «

GBPUSD Intraday Snapshot (Trend, Levels, News, More)

Trend (short-term): UP
Market Background (mid-term): STRONG
Supply/Demand: N/A
Support (nearest): 1.2979
Resistance (nearest): 1.3144
Next Event: Empire State Manufacturing Index (1h 29m)
Next High Impact Event: CPI y/y (1d 21h 29m)
Volatility: AVERAGE (-6% avg.)
Daily Range (Expected): 1.3030 – 1.3112 / 51% of avg. daily range Completed

 

GBPUSD

 

Want to receive our MT4 indicators for FREE? Get them right HERE + receive a free trial on our premium indicators!