EURUSD 21 Jan 2025 - Intraday Analysis - German ZEW
This is my Intraday analysis on EURUSD for 21 Jan 2025 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment 4H Chart Analysis15m Chart Analysis
Market Sentiment
Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings.
Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook.
US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies.
4H Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bearish
🔹Swing Pullback Phase (Pro Swing + Counter INT)
🔹At Swing Premium (reached extreme)
2️⃣
🔹After the Bearish BOS, price pulled back to the Swing EQ (50%) tapping into a Daily and a 4H Supply that caused a Bearish CHoCH and forming a Supply that failed yesterday with price creating a bullish INT Structure.
3️⃣
🔹As price reached the Bearish Swing Extreme, if we are going to continue bearish, this is the area that I prefer to be short from. Also note that after the Bullish iBOS, there will be a pullback required.
🔹Expectations is set to Bearish with more development on LTF to confirm.
15m Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bullish
🔹Swing Pullback Phase (Pro Swing + Counter INT)
🔹At Swing Premium (reached extreme)
2️⃣
🔹Price finally broken the range from Jan 16 and reached the bearish Swing Extreme forming Bullish INT Structure.
🔹There is probability that Swing High may be broken based on the Daily/Weekly requirements for pullback and the current market sentiment (Risk Off) as of US Tariffs announcement from Trump yesterday.
3️⃣
🔹My technical expectations is set to Bearish and looking for Shorts but I need to see a bearish iBOS before any executions.
Market Sentiment 4H Chart Analysis15m Chart Analysis
Market Sentiment
Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings.
Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook.
US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies.
4H Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bearish
🔹Swing Pullback Phase (Pro Swing + Counter INT)
🔹At Swing Premium (reached extreme)
2️⃣
🔹After the Bearish BOS, price pulled back to the Swing EQ (50%) tapping into a Daily and a 4H Supply that caused a Bearish CHoCH and forming a Supply that failed yesterday with price creating a bullish INT Structure.
3️⃣
🔹As price reached the Bearish Swing Extreme, if we are going to continue bearish, this is the area that I prefer to be short from. Also note that after the Bullish iBOS, there will be a pullback required.
🔹Expectations is set to Bearish with more development on LTF to confirm.
15m Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bullish
🔹Swing Pullback Phase (Pro Swing + Counter INT)
🔹At Swing Premium (reached extreme)
2️⃣
🔹Price finally broken the range from Jan 16 and reached the bearish Swing Extreme forming Bullish INT Structure.
🔹There is probability that Swing High may be broken based on the Daily/Weekly requirements for pullback and the current market sentiment (Risk Off) as of US Tariffs announcement from Trump yesterday.
3️⃣
🔹My technical expectations is set to Bearish and looking for Shorts but I need to see a bearish iBOS before any executions.
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