📈 EUR/USD Technical Analysis
🔍 1. Market Structure
⚙ Trend Context
• The overall trend since mid-July has been bullish, with higher highs and higher lows forming after a bounce from a key demand zone (around 1.15380).
• However, recent candles show indecision and a potential reversal, suggesting weakening momentum.
⸻
🧱 2. Volume Profile Insight (VRVP)
• High Volume Nodes (HVNs):
• Significant trading activity occurred between 1.172–1.176, now acting as resistance.
• Low Volume Gaps:
• Thin liquidity zones exist between 1.165–1.158, which could result in swift price movement if selling pressure increases.
📘 Educational Insight: Thin volume areas on a profile typically allow for faster price transitions due to lack of order density.
⸻
📊 3. Envelope Indicator – Nadaraya-Watson (8,3)
• A mean-reversion tool estimating dynamic overbought and oversold areas.
• Price recently rejected the upper boundary, reinforcing the bearish outlook.
• The lower envelope, around 1.158–1.160, aligns with the projected bearish target.
⸻
🟫 4. Demand Zone Analysis
• Labeled “DEMAND ZONE” at 1.15380–1.15830
• Previously caused a strong bullish reversal, marking it as an area of institutional interest.
• A re-test of this zone may attract buyers once again, presenting a key support area.
📘 Educational Insight: Demand zones reflect
🔍 1. Market Structure
⚙ Trend Context
• The overall trend since mid-July has been bullish, with higher highs and higher lows forming after a bounce from a key demand zone (around 1.15380).
• However, recent candles show indecision and a potential reversal, suggesting weakening momentum.
⸻
🧱 2. Volume Profile Insight (VRVP)
• High Volume Nodes (HVNs):
• Significant trading activity occurred between 1.172–1.176, now acting as resistance.
• Low Volume Gaps:
• Thin liquidity zones exist between 1.165–1.158, which could result in swift price movement if selling pressure increases.
📘 Educational Insight: Thin volume areas on a profile typically allow for faster price transitions due to lack of order density.
⸻
📊 3. Envelope Indicator – Nadaraya-Watson (8,3)
• A mean-reversion tool estimating dynamic overbought and oversold areas.
• Price recently rejected the upper boundary, reinforcing the bearish outlook.
• The lower envelope, around 1.158–1.160, aligns with the projected bearish target.
⸻
🟫 4. Demand Zone Analysis
• Labeled “DEMAND ZONE” at 1.15380–1.15830
• Previously caused a strong bullish reversal, marking it as an area of institutional interest.
• A re-test of this zone may attract buyers once again, presenting a key support area.
📘 Educational Insight: Demand zones reflect
Trade closed: target reached
📉 EUR/USD – Half Target Hit! | Live Chart Update🟢 Our EUR/USD short/long trade has successfully hit the half target, showing precise market reaction from key levels. The price followed technical expectations and respected structure, indicating high-quality trade execution.
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Market Analyst | XAU/USD Focused
Educational Content & Technical Breakdowns
Premium VIP Signals & Market Insights
Forex Mentorship & Live trades & strategies shared daily
Join our Telegram t.me/Mentor_Michael033
Educational Content & Technical Breakdowns
Premium VIP Signals & Market Insights
Forex Mentorship & Live trades & strategies shared daily
Join our Telegram t.me/Mentor_Michael033
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.