It does appear they haven't filled enough orders to get the train out of the station... yet... None of this price action screams for me to get involved. But that is just me.

I hear that train a comin'. video

They dropped the Mentos into the Diet Coke but nothing happened!

This would not surprise me today. Stay safe follow price! Nothing is carved in stone until it happens! image

I see this as the next most likely scenario. The banks have loved this large Monthly channel. Trump's policy has favored a weak dollar, so even if they break out of the channel to the downside it will most likely be temporary. image This is all ...

Oooh bears! Looks like they want this weekly candle to close down strong.

Whew! That is some dirty Price Action on the 1H! I could see a possible revisit of 1.08 but then, since nothing has changed on the Daily/Weekly, yet, a return to Bears heading south.

When does lowering the rate equal dollar strength? When the banks are fighting deflationary pressures. If there is no deflation happening then the dollar will weaken with a lower rate. If there is deflation the dollar will continue to strengthen ...

1.08 is the Decision zone. Large TF pressure is still down. Waiting for Price Action. Rate decision will be today's big catalyst.

Don't let speculation on what 'Might' happen in the future distract you from what price is telling you now. Nothing has changed on the Weekly scale. The election night catalyst is clearly seen but it hasn't changed price's narrative. Interesting ...

This is the most I can commit to right now. I think a slow slumping slide to 1.0914. Just until the election results are really pouring in tonight. image

In my opinion, news doesn't really do anything but act as a catalyst for what was already planned for the day. The number of Dollars the big banks need to exchange into Euros today doesn't change just because there is an election. Those are the ...

Bulls for the next several hours.

The 4h pin could be taken as a short with a small stop. The lower TF Price Action is a little messy though. A break and hold above 1.09 shows that the decision is for bulls.

Looks like the decision got delayed a little bit. Waiting to see how this hour ends.

This next hour is crucial for EurUsd for today. It is in the 4H Decision zone at 1.09. 4H shows downward pressure. Have to wait and see if Price Action confirms. Daily pressure is still to the upside but we all know a lot can happen on the intraday ...

A retest of the high of the range on the Monthly could be in the works. image The weekly looks like a possible breakout of the smaller range. image Strong uptrend is ignoring pullbacks in favor of mindless trending. No sign of larger retracement ...

Monthly Range remains. Probably stay there for a while. image Weekly agrees with monthly for a retest of the range bottom. image A possible scenario for the Daily. image Nothing set in stone. Just ideas.