EURUSD
1.05326
Symbols Entry SL/TP OT/Duration Status
EURUSD/Short -- -- 9 days and 0 h 23 min ago Failed -93 pip
EURUSD/Short -- -- 20 days and 17 h 3 min ago Failed -96 pip
EURUSD/Short -- -- 25 days and 3 h 5 min ago Failed -63 pip
EURUSD/Short -- -- 7 days and 21 h 47 min ago TP Hit 164 pip

Day Trading

Short Term/Scalp Opportunity

Swing trading

Long Term Opportunity


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Market Risk & Sentiment: London & New York Session   - 2022-12-02 14:31 GMT
Daily Pairs Contest:
Daily pairs relation
Intraday performance
Intraday performance relation
Technical Data:
R1: S1:
R2: S2:
R3: S3:
R4: S4:

Daily:

H1:

M30:

M5:

Signal

Buy

Buy

Buy

Buy

waiting...

100 %
Pivot Points

Pivot: 1.04834

S1:

S2:

S3:

1.04337

1.03429

1.02932

R1:

R2:

R3:

1.05742

1.06239

1.07147

Money flow:

EURUSD, Retail traders Sentiment

Speculators Sentiment, NET positions on currencies

Heat Map

Commitment Of Traders (COT):

>Euro

Net Positions:

Previous: 105,790

Current 112,666

Changes +6876 6%

>U.S. Dollar Index

Net Positions:

Previous: 29,788

Current 26,854

Changes -2934 -10%
COT History EUR
COT History USD
COT Chart EUR
COT Chart USD
EURUSD Forecast:

Bullish Drivers:

DEU 10Y: 1.824 chg: -0.005%

VIX: 22.23 Downside

Daily Trend: BUY

COT POS: 112666 / 26854 Driver: 76.16 Positive

Retail Short pos ratio: 67%

Retail trader Sell position: 25423

Retail trader Sell volume: 7327.41 lots lot

Distance to Resistanc R4 (1.06403): 0.01077

Bearish Drivers

U.S. 10Y: 3.527 chg: 0.056%

Fundamental Bias: Bearish

Fundamental Strength: Weak

Retail Long pos ratio: 33%

Retail trader Long position: 12471

Retail trader Buy volume: 3568.86 lots lot

Distance to Support S4 (1.01264): 0.04062

Bullish:

PREMIUM

Bearish:

PREMIUM

Fundamental Bias:

Bearish Weak
  • Core CPI (MoM) 0.0%, prev: 0.6%
  • Core CPI (YoY) 5.0%, prev: 5.0%
  • CPI (YoY) (Nov) 10.0%, prev: 10.6%
  • Spanish Unemployment Change -33.5K, prev: -27.0K
  • Unemployment Rate (Oct) 6.5%, prev: 6.6%
  • German Unemployment (Nov) 2.538M, prev: 2.518M
  • ECB Interest Rate Decision (Oct)  , prev: 1.25%
  • Manufacturing PMI (Nov) 47.1, prev: 47.3

Bullish Weak
  • CPI (MoM) (Oct) 0.4%, prev: 0.4%
  • CPI (YoY) (Oct) 7.7%, prev: 8.2%
  • Core CPI (MoM) (Oct) 0.3%, prev: 0.6%
  • U6 Unemployment Rate (Nov)  , prev: 6.8%
  • Unemployment Rate (Nov)  , prev: 3.7%
  • Nonfarm Payrolls (Nov) 263K, prev: 261K
  • Fed Interest Rate Decision 4.00%, prev: 3.25%
  • ISM Manufacturing PMI (Nov) 49.0, prev: 50.2

Bullish points

  • High CPI and inflation force the ECB to QT or hikes interest rate
  • Europe's gas reserves and the reduction of energy pressure on Europe inject some hope into the European economy

Bullish points

  • FED hawkish monetary policy
  • High inflation along with a relatively good job market

Bearish points

  • The war in Ukraine is still considered a risk for the Eurozone
  • The energy and political crises, the War in Ukraine, Determining the Russian gas price ceiling and threatening Russia not to sell gas to those who optimize the price ceiling.
  • The latest data points to a higher probability of economic recession in the Eurozone.

Bearish points

  • Given that many cases for the FED are priced in USD prices, However, it won't take long for the markets to disappoint on the bullish side.On the other hand, any major concern about the economic growth by the FED speakers can pressured on USD and make a lot of sellers for it. also lower than expect CPI and employment print could pulldown the USD
  • Probability of FED Hawkish policies pivote

Recent Event/News

Inflation dropped more than expected from 10.6 to 10% in November, mainly on energy price developments. Core inflation remained stable at 5% though. While we’re far from out of the woods yet, it doe...
2022-11-30 13:58:33
2 days 0 hours ago
ing.com
USD: Holding pattern Despite geopolitical challenges to the East, it has been a quiet start to the week for FX markets. The trade-weighted dollar index DXY is tracing out a relatively narrow range in...
2022-11-30 13:49:37
2 days 0 hours ago
ing.com
German inflation came down somewhat in November, on the back of energy base effects. However, the ongoing pass-through of high wholesale gas prices as well as additional pipeline pressure still make l...
2022-11-29 21:02:10
2 days 17 hours ago
ing.com
High inflation prompts six in ten Belgians to save on daily expenses Belgians are looking for savings to cope with the rising cost of living. An international ING survey, conducted in early November ...
2022-11-29 21:00:53
2 days 17 hours ago
ing.com
Speculators raised net short U.S. dollar positioning in the latest week to its largest level since July 2021, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data re...
2022-11-29 01:16:46
3 days 13 hours ago
tradingview.com
NEW YORK, Nov 28 (Reuters) - Speculators' net bearish bets on U.S. Treasury note futures decreased in the latest week, according to Commodity Futures Trading Commission data released on Monday. The am...
2022-11-29 01:14:21
3 days 13 hours ago
yahoo.com
NEW YORK, Nov 28 (Reuters) - The dollar clawed back earlier losses on Monday as a hawkish Federal Reserve official laid out the case for further rate hikes, while the Australian dollar sank on concern...
2022-11-29 01:11:45
3 days 13 hours ago
reuters.com
At first glance, the minutes of the European Central Bank's October meeting do not point to a pivot any time soon. However, reading between the lines, there seem to be growing recession concerns, at l...
2022-11-24 19:47:08
7 days 18 hours ago
ing.com
The strong improvement of the Ifo index adds to recent glimmers of hope. However, this simply reflects a stabilisation at low levels and there is no reason to change the recession call, yet. The sheer...
2022-11-24 14:24:38
8 days 0 hours ago
ing.com
The U.S. dollar held firm on Wednesday ahead of the release of closely-watched minutes from the Federal Reserve's latest policy meeting, while the New Zealand dollar strengthened on the back of a reco...
2022-11-23 15:32:44
8 days 22 hours ago
reuters.com
Risk-on held the upper hand during an initially choppy trading session yesterday. Stocks finished 0.5-1.4% higher in Europe and the US despite the grim economic picture painted by the OECD. Core bonds...
2022-11-23 15:24:03
8 days 23 hours ago
actionforex.com
On Tuesday, the Swiss franc was the best-performing currency among the 20 global currencies we track, while the Brazilian real showed the weakest results. The Mexican peso was the leader among emergin...
2022-11-23 15:22:30
8 days 23 hours ago
actionforex.com
By Sruthi Shankar (Reuters) -European stocks were pinned near three-month highs on Wednesday as data showed a downturn in euro zone business activity eased slightly in November, while rallying comm...
2022-11-23 15:04:27
8 days 23 hours ago
investing.com
For now, higher-than-expected inflation data trumps the mounting concerns about the housing market for the Riksbank. A 75bp rate hike looks likely on Thursday, and we expect one final 50bp increase in...
2022-11-22 01:57:40
10 days 12 hours ago
ing.com
NEW ZEALAND DOLLAR (NZD/USD) FORECAST: MIXED RBNZ weighs 50 vs 75 basis points ahead of Wednesday. Market implied probabilities suggest roughly a 50% chance of either outcome Quiet week on the econo...
2022-11-21 15:43:55
10 days 22 hours ago
dailyfx.com
JOHANNESBURG, Nov 21 (Reuters) - More sovereign defaults among small emerging and frontier market countries are "probable" next year, ratings agency Fitch said in its 2023 outlook on...
2022-11-21 14:49:22
10 days 23 hours ago
yahoo.com
The European Central Bank will raise interest rates again in December and next year to fight inflation but those increases may well be smaller than the most recent ones, the bank's chief economist Phi...
2022-11-21 14:41:22
10 days 23 hours ago
reuters.com
For all the tumult and disruptions of the coronavirus pandemic, U.S. labor markets have come out on the other side not far from the strong conditions that prevailed before the crisis, a paper presente...
2022-11-19 23:18:10
12 days 15 hours ago
reuters.com
Gold stalled near a three-month peak on Wednesday, buoyed by a softer dollar, while the market focus shifted from global tensions to the Federal Reserve’s interest rate strategy. Spot gold was 0....
2022-11-17 02:16:55
15 days 12 hours ago
cnbc.com
The dollar was supported by stronger-than-expected U.S. retail sales data on Wednesday as investors also looked for clues from Federal Reserve speakers on the path for interest rates. The euro was la...
2022-11-17 02:09:15
15 days 12 hours ago
reuters.com

Calendar Weekly: (GMT) 2022-12-02 14:31

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