Week 1 — EUR/USD at key resistance
2025-05-12
EUR/USD — Resistance Test
Price reached 1.0850 zone. Weekly resistance confirmed three times since March.
Key levels:
- Resistance: 1.0850 - 1.0880
- Support: 1.0750 - 1.0780
- Invalidation: Break above 1.0900
Setup: Wait for rejection confirmation. 4H close below 1.0820 triggers short bias.
Risk: 40 pips. Target: 1.0750 (100 pips). R:R = 1:2.5.
US30 — Consolidation Phase
Index trapped between 38,400 and 38,700. Volume declining.
Bias: Neutral until breakout confirmed.
Watch for:
- Break above 38,700 → continuation long
- Break below 38,400 → reversal short
Wait for close outside range plus retest before entry.
GBP/USD — Setup Forming
Price consolidating at 1.2600. Previous swing high at 1.2680 acting as magnet.
Scenario 1: Break and hold above 1.2650 → long to 1.2680 Scenario 2: Rejection from 1.2650 → short to 1.2550
No entry yet. Waiting for confirmation.
Summary
Three setups in focus. EUR/USD shows strongest setup. US30 requires patience. GBP/USD developing.
Risk remains constant at 1% per trade. No exceptions.
Analysis reflects market conditions as of May 12, 2025. Markets change. Plans adapt.
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