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1 Attachment(s) EUR/USD pushed down from the Kijun line. The impulse was quite powerful. Tenkan, Kijun and Ichimoku cloud remained above the price, which indicates the emerging downward trend. Stochastic fell just below 50, the potential for downward movement is still there. Probably the pair will continue to move down. Daily |
1 Attachment(s) usd index multiple hits of 97.15 so Monday eurusd may go up if 97.15 holds no more eur shorts for me for some time |
There’s an M on dollar index chart looks bearish to me |
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1 Attachment(s) on daily a drop to 1215 or a little lower may happen before things get going, so lets see how it goes before the june usd rate hike eurusd will need to hold its ground above 1300 for any positive movement otherwise i see all the alphabets including M B C D E F I |
Any retracement over 1.1270 could change the outlook. If it manages to clear 1.1312 I think we could challenge the March high. Longer term I think this market is bullish but in monthly terms it could take a while to show, we have 6 months leading up to October delayed Brexit. my 2p  |
1 Attachment(s) Last few days busy with other things and so engage again trading next Monday tracking usdx in smaller tf to see how much it may bull , no great direct up, to me all currencies actually interacting in weak modes! Take care. |
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2 Attachment(s) Here's a top-down technical perspective on the EURUSD. Price action on the daily time frame has formed a large wedge from the ascending trendline (dark violet) traceable to December 2016 and an external descending trendline (red) traceable to March 2018. Presently, price action has shifted southwards of the descending trendline to respect an inner descending trendline (blue), leaving a channel of diagonal resistance between the two trendlines. This is apparently favorable to bears but it is not likely that bears can drive a southward momentum until the wedge support is broken down on a daily closing basis. Any bullish operational mode is likely to be temporary in nature. From the H4 time frame, it is apparent that the impulsive trend is downwards but the market is presently experiencing a correction. I may be wrong. Trade safe and prosper. KP |
1 Attachment(s) Failure OR Extended ??? |
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if u click my quote ull see my monthly dollah charti posted before and earlier ones even from months back....imagine thats a 5 minute chart whats the most likely direction its gona go?...whoever thinks the dollah is goin down anytime soon except for a day or two is mistaken... thats why im bearish euro...the best the bulls will get is range trading |
1 Attachment(s) Gap down but ok to correct to tl/limit usdx, better it fill gap to smooth down, hope not as chances likely to keep for next up try. Following. Similarly eu correct towards 1300 to decide if |
1 Attachment(s) I am in short in EU because it breaks correction related to previous bearish impulse. |
1 Attachment(s) surely i cannot buy that, can i ? but sometime this week i will get my chance |
1 Attachment(s) below 1245 its bearish, but a move above will give a sound level to short harder lol |
1 Attachment(s) absence of any major news today |
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