The EURUSD has been stuck in a range between 1.05 and 1.10 for around a year now. We're left wondering: could we see a breakout towards 1.15, or will it drop back to the bottom of the range at 1.05? What happens as the price dips below 1.08 could be crucial.
Take a peek at the daily chart below. It shows us inching back down to an untested weekly BUY/DEMAND...
Hey Purpose traders. Did you know the Euro and Dollar are negatively correlated currency pairs in the market. What this means is the EURUSD moves opposite of the dollar index (ticker symbol DXY).
In this video, I will show you the supply and demand technicals behind the currency pair and index. Please understand this is not a signal, but an educational video. If...
What happened today in EUR USD is a clear example of liquidity distribution
We get equal highs and lows
Then false break of structure
As a consequence we have a FU candle and finally the downward movement
Bullish sentiment, bearish real move
