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EURUSD only

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  • Post #155,421
  • Quote
  • Edited Aug 28, 2022 4:09am Aug 27, 2022 5:06am | Edited Aug 28, 2022 4:09am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 5,996 Posts
According to what I read EURUSD should go up next week from this range (see chart) but will the bounce be enough to turn the bearish trend the other way - bullish? It is very early yet to say that, maybe we get that bounce and the upside trend stabilizes somehow like, the ECB go out with more aggresive statements for 0.75% hikes, and with tightening more money but I find it very hard to do at least one of the two actions, because the war in Ukraine, so it will be only words without much action until something else happens. From the other FED is hawkish with more rate hikes for the rest of the year and more tightening on the cards from September.

CPI numbers from Europe is what I'll watch and US NFP at Friday.

Now EU has to break above 1.0089 to move at least 1.0100/50 where the two - 100 & 200 ma's might stop its advance. Below the channel and 0.9901 I think it can go down near 0.9800, but first it has to break out the Weekly S1 level.

4H chart with 50-100-200 ma's

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Feels right this time!
 
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  • Post #155,422
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  • Aug 27, 2022 7:32am Aug 27, 2022 7:32am
  •  JayfrmLa83
  • Joined Dec 2021 | Status: Member | 36 Posts
For the last week of the month, there could be some choppiness. I cannot get clear analysis. I lean towards bullishness with a potential retracement to 1.01700 clearing a level of imbalance. However, being that it is a 200+ PIP range, unsure. Let's see... Good weekend all.
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  • Post #155,423
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  • Aug 27, 2022 3:40pm Aug 27, 2022 3:40pm
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,527 Posts
#USDX / Monthly
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  • Post #155,424
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  • Edited 4:24am Aug 28, 2022 3:21am | Edited 4:24am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,704 Posts | Online Now
Quoting Ayax.TSS
Disliked
#USDX / Monthly{image}{image}
Ignored
no impulse all in correction mode of what ? we not know the all past ! great disaster likely coming shortly !! may bring everything down instead up against even along with it too. just fear about our near future!!
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Not understand?never follow my analyses!
 
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  • Post #155,425
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  • Aug 28, 2022 9:11am Aug 28, 2022 9:11am
  •  JayfrmLa83
  • Joined Dec 2021 | Status: Member | 36 Posts
Hello fellow traders, just wanted to make quick update: It's important to note for the following week, not only is it the last week of the month, but Monday is a UK Bank Holiday. Expect little volume on Monday but a potential uptick Tuesday & onwards.
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  • Post #155,426
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  • Aug 28, 2022 11:06am Aug 28, 2022 11:06am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,704 Posts | Online Now
breaks and hold 9951 may be the main issue next weeks or as may be the centre of ! ab=cd if ! sitting idle , so last check before the open !up to down !
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Not understand?never follow my analyses!
 
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  • Post #155,427
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  • Aug 28, 2022 12:56pm Aug 28, 2022 12:56pm
  •  helbor
  • | Membership Revoked | Joined Apr 2018 | 93 Posts
Quoting JayfrmLa83
Disliked
For the last week of the month, there could be some choppiness. I cannot get clear analysis. I lean towards bullishness with a potential retracement to 1.01700 clearing a level of imbalance. However, being that it is a 200+ PIP range, unsure. Let's see... Good weekend all. {image} {image}
Ignored
If that happens, I would be absolutely thrilled and selling heavily..
 
 
  • Post #155,428
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  • Aug 28, 2022 3:27pm Aug 28, 2022 3:27pm
  •  keyman.
  • Joined Aug 2022 | Status: I am rich, happy and healthy. | 122 Posts
Good evening. EUR/USD again failed to go above 1.00, now the flat zone is in the range of 0.9900-1.0089 and the breakdown of these levels will depend on strong news next week. Next week we will follow the statistics on inflation in the Eurozone, which promises to set a new record, as well as the report of the US Department of Labor on the number of new jobs.
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Remove your inconveniences
Dow
 
 
  • Post #155,429
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  • Aug 28, 2022 3:48pm Aug 28, 2022 3:48pm
  •  Matej.FX
  • | Joined Aug 2022 | Status: Member | 280 Posts
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  • Post #155,430
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  • Aug 28, 2022 5:58pm Aug 28, 2022 5:58pm
  •  Austyno
  • Joined Oct 2018 | Status: Discipline creates Lifestyle | 1,930 Posts | Online Now
For today, 0.99300 is a must hold support
Risk comes from not knowing what to do
 
1
  • Post #155,431
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  • Aug 28, 2022 6:00pm Aug 28, 2022 6:00pm
  •  johncen
  • Joined Apr 2011 | Status: Liverpool's KOP | 4,018 Posts
Quoting Austyno
Disliked
For today, 0.99300 is a must hold support
Ignored
Yup! Otherwise it is likely to set new low

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Patience, Emotion Control and Discipline.
 
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  • Post #155,432
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  • Aug 28, 2022 6:04pm Aug 28, 2022 6:04pm
  •  sina.keshawa
  • | Joined Aug 2020 | Status: Trader | 12 Posts
Hi all.
0.9826 - 0.9783 looks good for reversal.
Sina
 
 
  • Post #155,433
  • Quote
  • Aug 28, 2022 7:09pm Aug 28, 2022 7:09pm
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 632 Posts
This level is good for action today
TIME is the most valuable commodity
 
 
  • Post #155,434
  • Quote
  • Aug 28, 2022 7:22pm Aug 28, 2022 7:22pm
  •  johncen
  • Joined Apr 2011 | Status: Liverpool's KOP | 4,018 Posts
Quoting johncen
Disliked
{quote} Yup! Otherwise it is likely to set new low {image}
Ignored
Long here. Sl under 9930.
Patience, Emotion Control and Discipline.
 
 
  • Post #155,435
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  • Aug 28, 2022 8:05pm Aug 28, 2022 8:05pm
  •  buddha-
  • | Joined Feb 2019 | Status: Member | 1,301 Posts
 
 
  • Post #155,436
  • Quote
  • Aug 28, 2022 8:54pm Aug 28, 2022 8:54pm
  •  Enagy
  • | Joined Mar 2022 | Status: Member | 466 Posts | Online Now
looking at 9928xxx to be the revasal I might be wrong
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  • Post #155,437
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  • Aug 28, 2022 9:39pm Aug 28, 2022 9:39pm
  •  johncen
  • Joined Apr 2011 | Status: Liverpool's KOP | 4,018 Posts
Quoting johncen
Disliked
{quote} Long here. Sl under 9930.
Ignored
Stopped out. Let see if PA will bounced above 9930. Otherwise likely to set new lows
Patience, Emotion Control and Discipline.
 
 
  • Post #155,438
  • Quote
  • Edited 11:49pm Aug 28, 2022 10:21pm | Edited 11:49pm
  •  johncen
  • Joined Apr 2011 | Status: Liverpool's KOP | 4,018 Posts
Quoting johncen
Disliked
{quote} Stopped out. Let see if PA will bounced above 9930. Otherwise likely to set new lows
Ignored
trying another long here to see.

need pa to be back above 9930
Patience, Emotion Control and Discipline.
 
 
  • Post #155,439
  • Quote
  • Aug 28, 2022 10:22pm Aug 28, 2022 10:22pm
  •  Happymorning
  • | Joined Sep 2021 | Status: Member | 32 Posts
.9885 / .9875
 
1
  • Post #155,440
  • Quote
  • Aug 29, 2022 12:12am Aug 29, 2022 12:12am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,704 Posts | Online Now
Quoting Happymorning
Disliked
.9885 / .9875
Ignored
Looks so before a pullback, momentum still strong down, already breakout, confirmation bear at 9900 and down first!
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Not understand?never follow my analyses!
 
 
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