Trading Ideas for 1.05.2026
Author: Tlap Team
Hello. Below will be several recommendations for trading on the Forex market for 1.05.2026
EURUSD
On the EURUSD pair, they swept last week's lows around the 1.1667 level and formed an Engulfing pattern. The market has spent several days in a small sideways range, and we will hope that this was its completion. I will try buys here, with targets beyond the previous high at 1.1849. In the trade statistics we have a seller imbalance, which should help price growth continue in continuation of the trend.
Respectfully, Artem aka TeaDrinker
#EURUSD trading idea#EURUSD engulfing pattern#last week's lows#1.1667 level#small sideways range#EURUSD buy setup#previous high 1.1849#seller imbalance#trend continuation#Forex market recommendations
EURUSD trading idea: last week's lows were swept near 1.1667, an Engulfing pattern formed, and buyers may target a move back toward 1.1849.