FX.co ★ hickle.manuela | Comprehensive Analysis in Trading: Mastering Methodologies

Oh dear... I can't leave you completely unattended. You can't control anything And during this time, we see that the EURUSD has walked up. Yes, essentially we had reasons for that, Trump is announcing various truces for negotiations, in general, the reason is clear and we discussed it as a possibility for a northern movement. But for further growth, we need to develop this chain of events and move towards a complete resolution of the conflict, but for now, there seem to be some questions. Although we broke above the POC, which also shifted slightly higher to the levels of 1.1750 and 1.1800:

And now, without this positive development of the situation, we may return below the POC and play back all this growth with the potential to continue the decline. Well, in terms of the Open Interest, we have been actively accumulating positions in the last few days:

Not that it's a huge accumulation, but several days in a row of Open Interest accumulation. It was played out in one direction, now it could be played out in the other. Yes, I repeat, the volume is not huge, but playing it out could lead to a dive below the POC, and then we might see the movement develop :)