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EURUSD 28 Jan 2025 W5- Intraday Analysis – US Durable Goods & Consumer Confidence

Published by

Amr Sadek

on

This is my Intraday analysis on EURUSD for 28 Jan 2025 W5 based on Smart Money Concept (SMC) which includes the following:

Market Sentiment

  • Tariff Discussions Continue: President Trump and Treasury Secretary Scott Bessant focused on tariff policies in their recent statements.
  • Bessant’s Proposal: Bessant suggested a universal tariff starting at 2.5%, with a gradual monthly increase of 2.5%, potentially reaching up to 20%.
  • Trump’s Tariff Plans: President Trump announced plans to impose tariffs on computer chips, pharmaceutical producers, and industries like steel, aluminum, and copper.
  • Trump’s Push for Higher Tariffs: Trump expressed a desire for tariffs significantly higher than 2.5%, contradicting Bessant’s proposal. This added further uncertainty to the market.

4H Chart Analysis

1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS

2️⃣
🔹INT structure continuing bullish after the bullish BOS. We expect that at anytime the Swing Pullback will start.

🔹With price failing to close above Weak INT High, there is a HP that we are going to target the INT Low which will facilitate the Bullish Swing Pullback.

🔹Price is currently mitigating the 4H Demand and we could see some bullish move to facilitate the LTF pullbacks only.

3️⃣
🔹Expectation is set for price to continue Bearish to facilitate the Daily Bearish Continuation.

15m Chart Analysis

1️⃣
🔹Swing Bearish
🔹INT Bearish
🔹Swing Pullback Phase

2️⃣
🔹Swing structure turned bearish after mitigating the Daily Supply zone.

🔹With the bearish BOS, a pullback is expected during the session today as we are mitigating the 4H Demand zone.

3️⃣
🔹Expectation is set to continue bearish to facilitate the 4H Swing pullback and Daily Bearish continuation.

Link to Tradingview Post: https://www.tradingview.com/chart/EURUSD/kBwcnYbJ-EURUSD-28-Jan-2025-W5-Intraday-US-Durable-Goods-Confidence/

Hello,

I’m Amr

Passionate about the art of trading, I embark on a journey documenting experiences, insights, and growth, where every entry is a step in my journey. Step into my world where dedication meets strategy.

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