|

Currency market: EUR/USD and CPI

Best trades today for CPI as written yesterday afternoon on my blog at btwomey.com are GBP/AUD, GBP/JPY, EUR/AUD, GBP/USD,. Posted on my blog yesterday afternoon were 12 currencies to trade 24 hour trades. Followers, friends and readers already have today 100's of pip profits and trade targets achieved perfect to as usual.

Perfecto is this thing called markets and created by central banks in 1972. Central banks created a commonality for every financial instrument on the planet to trade together in collusion by simple math. Don't allow this word called math to deter from what can be performed by a child of 12.

The CPI trade goes like this. Is the financial instrument overbought or oversold at the time of release. Oversold then long and overbought then short. End of story. Nothing more exists to the story. The same exact trade will trade tomorrow by mathematical certainty no matter what the CPI reading reveals.

I began to write the final paper on markets and our trades and how to trade every trade and every financial instrument with profits and with simplicity.

A day trade is defined in my terms as a small, I mean infinitesimal tiny amount of pips within an even smaller trade distance.

Remember how every trade to every financial instrument sets up.

Line.

Vital Levels.

Bottom.

Target.

Fail target.

To understand the parts above eliminates the entire structure so to trade target to target. Time is irrelevant to day trades, weekly, long term. All that applies is targets.

Levels to targets are offered but never required to target trading.

EUR/USD traded 74 total pips yesterday and traded within 0.9973 to 1.0075. EUR/USD maintained larger  1.0094 to 0.9942.

EUR/USD becomes interesting today. The overall range 1.0061 to 0.9904. Both levels are deeply oversold.

Today's levels: 0.9988, 1.0000, 1.0013 1.0019, 1.0029 Vs 1.0045, 1.0051, 1.0057, 1.0064, 1.0070, 1.0077, 1.0083, 1.0090.

Note 1.0061 and 1.0064  to up target 1.0090. Watch 1.0061, 1.0064 for reversal.

Eliminate non essential levels and the result 0.9988, 1.0064 and 1.0090.

Normal prices for EUR/USD 0.9988, 1.0013 Vs 1.0064 and 1.0090. EUR/USD currently trades non normal as central banks murdered normal EUR/USD ranges.

Note 1.0000. The point 00 is just a number. Note today's 24 hour trades. The number 00 factors to 3 separate currency pairs. 

Author

Brian Twomey

Brian Twomey

Brian's Investment

Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

More from Brian Twomey
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD softens below 1.1750 after Fed Minutes

The EUR/USD pair attracts some sellers near 1.1745 during the early Asian session on Wednesday. The US Dollar edges higher against the Euro after the release of minutes from the Federal Reserve's December meeting. The US Initial Jobless Claims report will be released later in the day. Trading volumes are expected to remain thin ahead of the New Year holidays.

GBP/USD trades flat above 1.3450 amid thin trading volume

The GBP/USD pair holds steady around 1.3465 during the early Asian trading hours on Wednesday. However, the Bank of England guided that monetary policy will remain on a gradual downward path, which might underpin the Cable against the US Dollar. Financial markets are expected to trade on thin volumes as traders prepare for the New Year holiday.

Gold stable above $4,350 as the year comes to an end

Gold price got to recover some modest ground on Tuesday, holding on to intraday gains and changing hands at $4,360 a troy ounce in the American afternoon. The bright metal showed no reaction to the release of the FOMC December meeting minutes.

Ethereum: ETH holds above $2,900 despite rising selling activity

Ethereum (ETH) held the $2,900 level despite seeing increased selling pressure over the past week. The Exchange Netflow metric showed deposits outweighed withdrawals by about 400K ETH. The high value suggests rising selling activity amid the holiday season.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).