The Previous Week / Fundamental Releases and Price Action 🕋

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In this video we start by observing the movement of Eurusd from a top down perspective. We eventually break down the week's fundamental news releases and their impact on price behavior on the 1 hour timeframe as this is the bulk of the video. This week we went up and they came straight back down. Fundamental news releases played a suspicious role in the price behavior this week and we investigate their significance.

٣ سبتمبر ٢٠٢٣

ملاحظة

Anticipating price to Tap into 1.07 weekly support zone this next week. Look at that top wick on the previous weekly candle and the fact that we have printed 7 bearish weekly candles in a row