Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

EURUSD

Quoting mistaouting
{quote} I wouldn't be surprised. But I wouldn't rule out possiblity and would plan accordingly. For my trading style of course. Edit: wouldn't put much judgement on price action in these hours, I would wait closer and into next London Edit:. Since looking a chart on phone, which is hard for me, I would move that mentioned level down a bit at this point. But I would be more concerned if it didn't break 2060 this week in regards to it going back up beyond 2200.... So I maybe looking on longer tfs Had to edit again... Typing from phone
LOCK IN RE-ENTER
Another Great day for bears Go with the flow!
Exited on SL at good loss.... I don't have any signal in my arsenal , before early Sunday afternnon .

Pricewise 1.2060 is a reasonable target . I plan to watch only. No trade.

Quoting Js3mwtRc
Good morning. EU recovered yesterday after Powell said that its too soon to raise rates and that the inflation is rising too slow, but quick it faded away and now is consolidating between 2111 and 2277 bearish the most. US Retail sales is the main event of the day. Also Friday and profit taking should keep it in a range. Have a gret trading day ahead.
EU kept its bearish tone and broke 2111 low to reach 30 pips below at 2081, this could turn in a good trade, but I didn't take it, instead I accepted a small loss that could turn a big win.

The next week I want to see it trying too reach resistance around 2155, before I decide what to do next, but looks like, it will try to break lower, before any advance.

What do you think?
Feels right this time!
Quoting Js3mwtRc
{quote} EU kept its bearish tone and broke 2111 low to reach 30 pips below at 2081, this could turn in a good trade, but I didn't take it, instead I accepted a small loss that could turn a big win. The next week I want to see it trying too reach resistance around 2155, before I decide what to do next, but looks like, it will try to break lower, before any advance. What do you think?
For further declines: Defeating December low - 1:2058 will open us a further path to deeper falls and I expect a retest of this level, while eventual correction of the downward movement cannot exceed wednesday's High 1:2222 which is almost the same price level as last month close lvl and last week close lvl.
I will generally watch and react (flip) to any movement above or below : Weekly close /opening level
Daily close/opening level
Quoting Js3mwtRc
{quote} EU kept its bearish tone and broke 2111 low to reach 30 pips below at 2081, this could turn in a good trade, but I didn't take it, instead I accepted a small loss that could turn a big win. The next week I want to see it trying too reach resistance around 2155, before I decide what to do next, but looks like, it will try to break lower, before any advance. What do you think?
next week will be interesting. high impact news scheduled...plus turmoil into US inauguration and concerning news coming out of EU. market could continue to be risk off into week. ill watch support into next week and news from US and EU. good luck to you
LOCK IN RE-ENTER
we could be in a area of support...only time will tell! 2060-50...2080 is close enough for me....but again would watch levels into next week
LOCK IN RE-ENTER
On DXY I see Inverted Head and Shoulders formation - H4 TF with TP ≅ 92.50
Attached Image (click to enlarge)
Click to Enlarge Name: DXY_H4.png Size: 262 KB
Hi,

Yes good

enjoy the chart to be more assured

Thx

Attached Image (click to enlarge)
Click to Enlarge Name: eus161.png Size: 80 KB
sorry we are going up on Monday I think
Here's my technical perspective on the EURUSD. Price action on the daily time frame has broken below an inner rising trendline (blue) which it has respected since October 2020. It is presently at a minor horizontal support around 1.20800, which it must significantly break down before we can expect a southward drive. Any such southward drive will likely target the demand area around 1.19400 and may extend to the 1.18950/1.18200 technical reaction zone (sandybrown) seen on the weekly time frame. Of course, we should be wary of an outer rising trendline (red), which is potentially a first barrier to a bearish drive.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily_Jan 17, 2021.png Size: 40 KB
Do your homework, follow the footprints of smart money
this week eu should drop to 1990 at least

so i will be only selling tops with high volume
I trade during London session only
I think it bounces to 1.2124...
There is something to learn and enjoy everyday
Good morning. EU is bearish, 2100 round number and 2130 are resistance levels above 2178 is a weekly level. Targets for the bears are 2060 (daily) and 2040 a bigger level (weekly).

Bidens inauguration is the main event of the week above all others on the calendar - ECB, BoC, BoJ, Flash PMI's etc.

Today we should not see big movements, because of two reasons, Monday where investors just take notes of whats happening after the weekend and US Bank Holiday later.

Have a great trading ahead,
Feels right this time!
very strong reasons for eu to drop , so i am not worried
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 55 KB
I trade during London session only
Quoting PatienceFx
very strong reasons for eu to drop , so i am not worried {image}
I have to start worrie when I start not to worrie, so I have to stay in vigilance.
Feels right this time!
perfect having 1.2110 limit up likely it fall to 1.1970 waiting for , now on sr though .sell at at any high presently ! take care

usdx to break very early signals for up & likely very success as seen in weekly but ranges may happen here. so some top ranging possible for eurusd & other allied , even Bitcoin before the good crash !
Attached Images (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 35 KB Click to Enlarge Name: EURUSDH1.png Size: 28 KB
Attached Images
For the time being it has find support on the Daily 50 ma (1.1970).

Edit: also 0,236 fibonacci level of the 1.1600/2350 move is located just some pips above 1.1960 support!
Feels right this time!
Quoting Js3mwtRc
For the time being it has find support on the Daily 50 ma (1.1970). Edit: also 0,236 fibonacci level of the 1.1600/2350 move is located just some pips above 1.1960 support!
ma 100 in daily tf is better optimized for the level of reaction next . take care
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 32 KB
Quoting Js3mwtRc
For the time being it has find support on the Daily 50 ma (1.1970). Edit: also 0,236 fibonacci level of the 1.1600/2350 move is located just some pips above 1.1960 support!
on the chart i shared

the weekly chart

the confirmed macd / price divergence

.
.
.
.
.
.
.
.
.
.

is it safe to buy ?
I trade during London session only
5 traders viewing now