One would expect this pair to range due to CPI tomorrow.
Short from 1.0849
Target 1.0822 for 27 cheeky pips
Short from 1.0849
Target 1.0822 for 27 cheeky pips
It's a big game.
5
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DislikedOne would expect this pair to range due to CPI tomorrow. Short from 1.0849 Target 1.0822 for 27 cheeky pipsIgnored
DislikedA good bounce from bottom and now time to SELL Since morning I was waiting for this zone to hit and missed the buy as was busy in the office. I might be wrong but it will be a quick drop {image}Ignored
Disliked{quote} i'm with you, i think it's time to go down, and i really need this i lost big on XAUIgnored
Disliked{quote} What do you mean it can't? I've burned myself so many times with 'can't'. The only thing I see in intraday here is faded selling momentum and increasing buying.Ignored
Disliked{quote} Here is some context to feed our thoughts! These fibos and the daily resistance will cap any advance! 15 min {image}Ignored
DislikedQuick DAILY Outlook Overall, it was good to see that bulls could bounce from ~1.0804 area as anticipated, but to be honest I didn't expect it to happen on Friday. A little too early for my liking, but it is well. I now added a potential GARTLEY pattern into the chart. Patience is key and nothing for sure yet, but if it plays out, the 1.1040/1.1140 zone could provide wonderful selling opportunities for us. I also have a potential AB=CD completion point around ~1.1008 which could give us some extra selling juice along the way. No rush! We always must...Ignored
DislikedIt's always interesting to see how economic data can impact EUR/USD. Today's news about the eurozone's potential for improved economic performance seemed to give the pair a boost, pushing it up towards the 1.0860 level. However that move was halted by a critical resistance zone. If the pair can manage to break through that resistance, the next target could be the previous week's high, which could prove to be another significant hurdle. On the other hand, if the pair fails to sustain its upward momentum and instead continues the small drop from 1.0859,...Ignored