plan for the American session on January 14 (analysis of morning deals). Euros walk from corner to corner. Bulls have defended 1.2138 and are heading to storm 1.2179



To open long positions on EURUSD you need:

In the morning forecast, I made a detailed emphasis on the level 1.2138 and recommended making decisions from it when the pair drops to this range. Let’s take a look at the 5-minute chart and see what happened. During the first testing of the level 1.2138, the bulls coped with the task and did not let the pair fall below this range, the second false breakout became an excellent signal to enter long positions, the main goal of which is now a return to the upper border of the sideways channel.

As long as the trade is held above 1.2138, the market will be on the side of the euro buyers. From a technical point of view, nothing has changed. Now the bulls need to think about how to get back the level 1.2179. It is likely that the emphasis will be placed on the speech of the Chairman of the Federal Reserve System Jerome Powell, as well as the weekly data on the US labor market. Going beyond the forecast may put pressure on the dollar. Only a confident breakout and test of the level of 1.2179 from top to bottom will lead to the formation of a signal to open new long positions in order to increase EUR / USD to the resistance area of ​​1.2224. The further target of buyers remains the maximum of 1.2281, where I recommend taking profits. If the bears return the pair to the weekly support level of 1.2138, then I recommend not to rush to buy. The optimal scenario would be to wait for a false breakout to form there, by analogy with the morning buy that I discussed above. I recommend opening long positions immediately on a rebound only from a new weekly minimum in the area of ​​1.2083 with the aim of an upward correction of 20-30 points within the day.

To open short positions on EURUSD you need:

The sellers of the euro failed to cope with the task set for the first half of the day and failed to break below the support at 1.2138. As I noted, much will depend on the speech of the Fed chairman, since only his statements can lead to a breakdown of the 1.2138 area. A breakout and consolidation below this level, with a test from the bottom up, forms another good signal to open short positions in the continuation of the bear market, which will clear the way to the lows of 1.2083 and 1.2042, where I recommend taking profits. If in the second half of the day the pair returns to the level of 1.2179, then I recommend opening short positions from there only when a false breakout is formed. In the absence of activity from the bears, it is best to refuse to sell until the resistance update at 1.2224, or to sell EUR / USD immediately on a rebound from the 1.2281 high counting on a downward correction of 20-30 points within the day.

I recommend that you familiarize yourself with my video forecast for today.

Let me remind you that the COT report (Commitment of Traders) for January 5 recorded an increase in short positions and an increase in long positions. Buyers of risky assets continue to believe in a bullish trend even despite the decline in the European currency earlier this year, which will allow new major players to enter the market. News that vaccinations against the first strain of coronavirus continue in Europe will also support euro buyers. Pressure on the euro will come from isolation measures and current quarantines in many European countries. Thus, long non-commercial positions rose from 222 443 to 224 832, while short non-commercial positions jumped to 81 841 from 78 541. Due to the larger growth of short positions, the total non-commercial net position decreased from 143 902 to 142,991 weeks earlier. The insignificant change in the delta at the beginning of the year hardly indicates a change in the tactics of buyers of the European currency, who count on the resumption of growth in the euro after the abolition of quarantine measures in the EU countries.

Indicator signals:

Moving averages

Trading is carried out in the area of ​​30 and 50 day moving averages, which indicates some market uncertainty.

Note: The period and prices of moving averages are considered by the author on the H1 hourly chart and differs from the general definition of the classic daily moving averages on the daily D1 chart.

Bollinger Bands

A breakout of the lower border of the indicator in the area of ​​1.2138 will lead to a new wave of decline in the euro. A breakout of the upper border of the indicator in the area of ​​1.2179 will lead to a new wave of euro growth.

Description of indicators

  • Moving average (moving average, determines the current trend by smoothing volatility and noise). Period 50. Marked in yellow on the chart.
  • Moving average (moving average, determines the current trend by smoothing volatility and noise). Period 30. Marked in green on the chart.
  • Indicator MACD (Moving Average Convergence / Divergence) Fast EMA period 12. Slow EMA period 26. SMA period 9
  • Bollinger Bands (Bollinger Bands). Period 20
  • Nonprofit traders are speculators such as individual traders, hedge funds, and large institutions that use the futures market for speculative purposes and meet certain requirements.
  • Long non-commercial positions represent the total long open position of non-commercial traders.
  • Non-commercial short positions represent the total short open position of non-commercial traders.
  • The total non-commercial net position is the difference between short and long positions of non-commercial traders.


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To open long positions on EURUSD you need:

In the morning forecast, I made a detailed emphasis on the level 1.2138 and recommended making decisions from it when the pair drops to this range. Let’s take a look at the 5-minute chart and see what happened. During the first testing of the level 1.2138, the bulls coped with the task and did not let the pair fall below this range, the second false breakout became an excellent signal to enter long positions, the main goal of which is now a return to the upper border of the sideways channel.

As long as the trade is held above 1.2138, the market will be on the side of the euro buyers. From a technical point of view, nothing has changed. Now the bulls need to think about how to get back the level 1.2179. It is likely that the emphasis will be placed on the speech of the Chairman of the Federal Reserve System Jerome Powell, as well as the weekly data on the US labor market. Going beyond the forecast may put pressure on the dollar. Only a confident breakout and test of the level of 1.2179 from top to bottom will lead to the formation of a signal to open new long positions in order to increase EUR / USD to the resistance area of ​​1.2224. The further target of buyers remains the maximum of 1.2281, where I recommend taking profits. If the bears return the pair to the weekly support level of 1.2138, then I recommend not to rush to buy. The optimal scenario would be to wait for a false breakout to form there, by analogy with the morning buy that I discussed above. I recommend opening long positions immediately on a rebound only from a new weekly minimum in the area of ​​1.2083 with the aim of an upward correction of 20-30 points within the day.

To open short positions on EURUSD you need:

The sellers of the euro failed to cope with the task set for the first half of the day and failed to break below the support at 1.2138. As I noted, much will depend on the speech of the Fed chairman, since only his statements can lead to a breakdown of the 1.2138 area. A breakout and consolidation below this level, with a test from the bottom up, forms another good signal to open short positions in the continuation of the bear market, which will clear the way to the lows of 1.2083 and 1.2042, where I recommend taking profits. If in the second half of the day the pair returns to the level of 1.2179, then I recommend opening short positions from there only when a false breakout is formed. In the absence of activity from the bears, it is best to refuse to sell until the resistance update at 1.2224, or to sell EUR / USD immediately on a rebound from the 1.2281 high counting on a downward correction of 20-30 points within the day.

I recommend that you familiarize yourself with my video forecast for today.

Let me remind you that the COT report (Commitment of Traders) for January 5 recorded an increase in short positions and an increase in long positions. Buyers of risky assets continue to believe in a bullish trend even despite the decline in the European currency earlier this year, which will allow new major players to enter the market. News that vaccinations against the first strain of coronavirus continue in Europe will also support euro buyers. Pressure on the euro will come from isolation measures and current quarantines in many European countries. Thus, long non-commercial positions rose from 222 443 to 224 832, while short non-commercial positions jumped to 81 841 from 78 541. Due to the larger growth of short positions, the total non-commercial net position decreased from 143 902 to 142,991 weeks earlier. The insignificant change in the delta at the beginning of the year hardly indicates a change in the tactics of buyers of the European currency, who count on the resumption of growth in the euro after the abolition of quarantine measures in the EU countries.

Indicator signals:

Moving averages

Trading is carried out in the area of ​​30 and 50 day moving averages, which indicates some market uncertainty.

Note: The period and prices of moving averages are considered by the author on the H1 hourly chart and differs from the general definition of the classic daily moving averages on the daily D1 chart.

Bollinger Bands

A breakout of the lower border of the indicator in the area of ​​1.2138 will lead to a new wave of decline in the euro. A breakout of the upper border of the indicator in the area of ​​1.2179 will lead to a new wave of euro growth.

Description of indicators

  • Moving average (moving average, determines the current trend by smoothing volatility and noise). Period 50. Marked in yellow on the chart.
  • Moving average (moving average, determines the current trend by smoothing volatility and noise). Period 30. Marked in green on the chart.
  • Indicator MACD (Moving Average Convergence / Divergence) Fast EMA period 12. Slow EMA period 26. SMA period 9
  • Bollinger Bands (Bollinger Bands). Period 20
  • Nonprofit traders are speculators such as individual traders, hedge funds, and large institutions that use the futures market for speculative purposes and meet certain requirements.
  • Long non-commercial positions represent the total long open position of non-commercial traders.
  • Non-commercial short positions represent the total short open position of non-commercial traders.
  • The total non-commercial net position is the difference between short and long positions of non-commercial traders.


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To open long positions on EURUSD you need:

In the morning forecast, I made a detailed emphasis on the level 1.2138 and recommended making decisions from it when the pair drops to this range. Let’s take a look at the 5-minute chart and see what happened. During the first testing of the level 1.2138, the bulls coped with the task and did not let the pair fall below this range, the second false breakout became an excellent signal to enter long positions, the main goal of which is now a return to the upper border of the sideways channel.

As long as the trade is held above 1.2138, the market will be on the side of the euro buyers. From a technical point of view, nothing has changed. Now the bulls need to think about how to get back the level 1.2179. It is likely that the emphasis will be placed on the speech of the Chairman of the Federal Reserve System Jerome Powell, as well as the weekly data on the US labor market. Going beyond the forecast may put pressure on the dollar. Only a confident breakout and test of the level of 1.2179 from top to bottom will lead to the formation of a signal to open new long positions in order to increase EUR / USD to the resistance area of ​​1.2224. The further target of buyers remains the maximum of 1.2281, where I recommend taking profits. If the bears return the pair to the weekly support level of 1.2138, then I recommend not to rush to buy. The optimal scenario would be to wait for a false breakout to form there, by analogy with the morning buy that I discussed above. I recommend opening long positions immediately on a rebound only from a new weekly minimum in the area of ​​1.2083 with the aim of an upward correction of 20-30 points within the day.

To open short positions on EURUSD you need:

The sellers of the euro failed to cope with the task set for the first half of the day and failed to break below the support at 1.2138. As I noted, much will depend on the speech of the Fed chairman, since only his statements can lead to a breakdown of the 1.2138 area. A breakout and consolidation below this level, with a test from the bottom up, forms another good signal to open short positions in the continuation of the bear market, which will clear the way to the lows of 1.2083 and 1.2042, where I recommend taking profits. If in the second half of the day the pair returns to the level of 1.2179, then I recommend opening short positions from there only when a false breakout is formed. In the absence of activity from the bears, it is best to refuse to sell until the resistance update at 1.2224, or to sell EUR / USD immediately on a rebound from the 1.2281 high counting on a downward correction of 20-30 points within the day.

I recommend that you familiarize yourself with my video forecast for today.

Let me remind you that the COT report (Commitment of Traders) for January 5 recorded an increase in short positions and an increase in long positions. Buyers of risky assets continue to believe in a bullish trend even despite the decline in the European currency earlier this year, which will allow new major players to enter the market. News that vaccinations against the first strain of coronavirus continue in Europe will also support euro buyers. Pressure on the euro will come from isolation measures and current quarantines in many European countries. Thus, long non-commercial positions rose from 222 443 to 224 832, while short non-commercial positions jumped to 81 841 from 78 541. Due to the larger growth of short positions, the total non-commercial net position decreased from 143 902 to 142,991 weeks earlier. The insignificant change in the delta at the beginning of the year hardly indicates a change in the tactics of buyers of the European currency, who count on the resumption of growth in the euro after the abolition of quarantine measures in the EU countries.

Indicator signals:

Moving averages

Trading is carried out in the area of ​​30 and 50 day moving averages, which indicates some market uncertainty.

Note: The period and prices of moving averages are considered by the author on the H1 hourly chart and differs from the general definition of the classic daily moving averages on the daily D1 chart.

Bollinger Bands

A breakout of the lower border of the indicator in the area of ​​1.2138 will lead to a new wave of decline in the euro. A breakout of the upper border of the indicator in the area of ​​1.2179 will lead to a new wave of euro growth.

Description of indicators

  • Moving average (moving average, determines the current trend by smoothing volatility and noise). Period 50. Marked in yellow on the chart.
  • Moving average (moving average, determines the current trend by smoothing volatility and noise). Period 30. Marked in green on the chart.
  • Indicator MACD (Moving Average Convergence / Divergence) Fast EMA period 12. Slow EMA period 26. SMA period 9
  • Bollinger Bands (Bollinger Bands). Period 20
  • Nonprofit traders are speculators such as individual traders, hedge funds, and large institutions that use the futures market for speculative purposes and meet certain requirements.
  • Long non-commercial positions represent the total long open position of non-commercial traders.
  • Non-commercial short positions represent the total short open position of non-commercial traders.
  • The total non-commercial net position is the difference between short and long positions of non-commercial traders.





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