Brian Twomey
Brian's Investment
EUR/USD's overall range is located from 1.0094 to 0.9942. On a larger scale to not include day trades, 1.0094 and 0.9942 are massively oversold.
Scale is the operable word for day trades as today's trade for 7 hours = 0.9973 Vs 1.0075 or 102 pips and 1/2 at 51 pips. EUR/USD as a day trade currently trades its most compressed ranges in years. The EUR/USD is actually trading dead.
Monday, EUR/USD traded on paper 131 pips but in actuality, EUR/USD traded averages and a few exchange rate levels related to averages.
For economic releases as expected or off sync to expectations are located within day trade 0.9973 to 1.0075 and 1.0094 to 0.9942. Prices and averages are most vital as both inform to an economic release. Recession or no recession is a mute point as day trades, weeklies and longer term trades won't ever change. Mathematically, its impossible to change day trades so the economic release will always be found within day trade levels.
Traders interested in trading profits don't require economic release knowledge nor to focus on a time that once existed but will never be seen again to traded markets. Traders focused on economic releases miss the point to the traded price, entries, targets and profits. The mathematics of a price far surpasses any economic release. Recession or no recession changes nothing to a day trade as the day trade was written in stone decades ago.
The day trade was factored at 2:00 am for a 4 ,5 and 8:30 am economic releases.
EUR/USD day trade
0.9973, 0.9985, 0.9986, 0.9998, 1.0004, 1.0014, 1.0019 Vs 1.0030, 1.0036, 1.0042, 1.0049, 1.0055, 1.0062, 1.0068, 1.0075.
A massive amount of information is found within a day trade price, levels and price path. But the information is never seen, revealed or written. To know and understand is to maximize profits from correct entries and targets.
Eliminate non essential levels = 0.9973, 0.9998, 1.0049, 1.0075. What exist is a dead EUR/USD range. Levels: 0.9998 and 1.0049 in a correct range traded environment hold massively vital significance. The EUR/USD range must expand for 0.9998 and 1.0049 to become important again.
Ranges expand and contract over time. What's really going on? Answer this question and the status of professional trader with complete price knowledge is earned.
Levels
0.9973 = 1.0075.
0.9985 = 1.0030.
0.9998 = 1.0049.
1.0004 = 1.0042.
1.0014 = 1.0036.
1.0019 = 1.0027.
On one side is traded EUR/USD and the other side trades USD/EUR. EUR/USD day trade yesterday traded 90 pips or 1/2 EUR/USD and 1/2 USD/EUR. USD/EUR is always the dominant currency to EUR/USD. I offer 1/2 to USD/EUR but it runs something like 60 Vs 40 to EUR/USD.
Both EUR/USD and USD/EUR contain an equal chance to trade long or short. To understand is to eliminate the 50/50 shot for longs and shorts and entries and targets.
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.
Recommended Content
Editors’ Picks
EUR/USD appears range bound near 1.1050, looks at FOMC Minutes
EUR/USD remains firmly in bullish territory, hovering around 1.1050 amid a significant sell-off in the US Dollar, as persistent worries over the China-US trade war continue to weigh on market sentiment.
GBP/USD meets support around 1.2750, USD remains weak
GBP/USD's correction seems to have met a decent contention around the 1.2750 zone so far on Wednesday, as investors continue to assess the ongoing US-China trade war ahead of the release of the FOMC Minutes.
Gold extends the uptick to nearly $3,100
Gold continues its upward trend, inching closer to the $3,100 mark per troy ounce on Wednesday. Its advance is bolstered by steady safe-haven demand, as investors seek refuge amid ongoing trade tensions between the US and China.
Fed Minutes to offer clues on rate cut outlook amid tariff uncertainty
The eagerly awaited minutes from the US Fed’s March 18-19 monetary policy meeting are set for release on Wednesday at 18:00 GMT. During the gathering, policymakers agreed to keep the Fed Funds Target Range (FFTR) unchanged at 4.25%-4.50%.
Tariff rollercoaster continues as China slapped with 104% levies
The reaction in currencies has not been as predictable. The clear winners so far remain the safe-haven Japanese yen and Swiss franc, no surprises there, while the euro has also emerged as a quasi-safe-haven given its high liquid status.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.