EURUSD (Euro Dollar) day trading forex analysis with Financial Astrology, Price and Time.
On 5 Minutes Chart, EURUSD is in a short-term downtrend since last Friday, which is a possible correction of the long-term uptrend. In this chart, as we can see Mars Trine Moon aspect is coming. So we have plotted Mars Trine aspect price line. Also, we have plotted Venus line because on the text dashboard it was showing venus as Day ruling planet.
Trend Dashboard Showing all down currently. Although the time has not come yet. All ADX, Bollinger Band, Parabolic SAR, Ichimoku & Moving Average showing red.
Upcoming Forex News Release:
There is no upcoming new event. Only some low prioritized Euro news releases. Plus US Bank Holiday.
As there is a US Bank Holiday coming, so market volatility will be very low. If market broke below 1.2374 then we will target 1.2274(Last week bottom) to 1.2254.
Otherwise, on sell reversal, our target would be 1.2494 or if market goes higher then 1.2553 (last week top). Due to low volatility, we are not expecting the market to hit last week top or bottom today. But maybe tomorrow.