EUR/USD futures signal bearish pressure: OrderFlow Intel analysis

Euro Analysis for Today: Order Flow Signals Bearish Pressure in 6E Futures

Euro traders are closely watching EUR/USD futures (6E), now trading at 1.035 as order flow data reveals a shift in market momentum. While the Euro initially saw bullish attempts, renewed selling pressure has started to take control, raising questions about whether the market is preparing for a pullback or continuation lower.

Euro Futures Order Flow Analysis

Lately, Euro futures have seen increased buy-side activity, with higher trading volume and an uptick in delta as buyers attempted to push prices higher. However, this bullish effort has been met with strong sell-side absorption, resulting in a return to negative delta territory. This suggests that while some short positions may have been squeezed, sellers remain active at key resistance levels, preventing a sustained upside breakout.

Cumulative delta, which tracks the net difference between buy and sell orders, initially showed a bullish shift but has since turned lower, signaling that buyers are losing strength. This could indicate that the latest rally attempt was more of a liquidity grab than a true trend reversal.

Key Levels to Watch in Euro Price Action

• If the Euro fails to hold above recent highs, a deeper pullback could be on the horizon.
• Sustained negative delta and high-volume selling pressure suggest that sellers are defending key price zones.
• If buy-side volume picks up and delta turns positive again, a recovery attempt could gain traction.
• The VWAP of Friday’s close at 1.03725 – price might be too weak to get there but in case it comes really close, it is expected that sellers will step in. Again, it is not far fetched that sellers will step in even at lower prices.

Euro Outlook for Today: What Traders Should Expect

For traders and investors analyzing the Euro’s intraday movement, today’s order flow data suggests that downside risk is increasing unless buyers step in with greater conviction. The failure to hold recent gains may indicate a potential bearish continuation coming soon.

Always trade the Euro at your own risk only. This is not fianancial advice. Visit ForexLive.com for additional view. Stay tuned for future Orderflow Intel reports by ForexLive.com

This article was written by Itai Levitan at www.forexlive.com.