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EURUSD only

Quoting Ata-Turkoglu
Today, during London and NY session, I still will keep an eye on: 1.0015 Happy trading day to all
Thanks!
Looking for profitable short term trades ...|
Meanwhile, on H4...

Some of you might have noticed that I keep sharing this chart... Once again we are inside sell territory (yellow areas) and normally I would look for shorting opportunities BUT as I mentioned yesterday, now we have multiple candle closings above the median (balance) line of channel. It signals that 1.0006/21 area might act supportive and therefore I personally avoid selling (at least for now).

Today, if I see good support from 1.0015 roughly, I could switch to buying dips, with targets to 1.0115 area... Let's see...
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 14.7%
Wednesday.

On macro front, we have HICP for Euro area today, followed by US employment numbers and Chicago.
I don't trade these news event. I enter the market hours or days before news, and use the volatility from news releases to exit my position.

On price front, we now have the EURUSD trading

  1. Between the 50-SMA and 200-SMA.
  2. It is likely to remain between 23% ($1) and 38% ($1.007) Fib retracement until NFP on Friday.
  3. There is a long-term resistance line capping price, DW1, drawn from the peaks of 20 Feb and 31 Mar.
  4. The upward ascending channel is largely intact, even though price trades on its lower half most of the time.

As usual, my plan is to go long again, whenever price drops to the 50-SMA or the 23% Fib.

I'll try to "listen" to the market sentiment for one more day before drawing out the medium term EURUSD price band.

Cheers,
Cat

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Quoting Js3mwtRc
Watching EU is looking at the upside resistance. News, EU CPI and US ADP, volatility is 74 pips and also today is the last day of August - profit taking. {image}
I am looking at 1.0011/1.0046 range on 15 minutes graph. The low of the range should offer some support for later - EU CPI.
Looking for profitable short term trades ...|
Quoting Konichiwhaat
{quote} strong 1H close
ahhh the spike got me Them's the breaks. Back tomorrow
Emotional Control. Process, not outcome.
The focus of today's trading is above all the inflation data from the EU and the ADP employment figures from the USA. If these are in the interest of the euro bulls, there should be a recovery run to the upward targets of USD 1.0072, 1.0090 and 1.0107. On the downside, it is essential to prevent a fall below parity, since if this were to occur, price losses down to USD 0.9952 and USD 0.9900 – 0.9917 would have to be expected again.
carpe noctem
Quoting Ata-Turkoglu
Meanwhile, on H4... Some of you might have noticed that I keep sharing this chart... Once again we are inside sell territory (yellow areas) and normally I would look for shorting opportunities BUT as I mentioned yesterday, now we have multiple candle closings above the median (balance) line of channel. It signals that 1.0006/21 area might act supportive and therefore I personally avoid selling (at least for now). Today, if I see good support from 1.0015 roughly, I could switch to buying dips, with targets to 1.0115 area... Let's see... {image}...
lets see if this h4 close exactly at 9982 after breaking 0020 already or daily close compete 9982 again while next care levels lower tf at 9999 and 9974 again for all bull scenarios if able hold !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting fxcontest
{quote} Last Buy 1.0054 if London open Above
Closed All Buy, waiting London PA
From my charts, i strongly believe MONTHLY will close above PARITY.
Good morning hope you are great. I think the bears will do alright on 1H, not so much on 5M lol;
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Quoting Js3mwtRc
{quote} I am looking at 1.0011/1.0046 range on 15 minutes graph. The low of the range should offer some support for later - EU CPI.
Stoped here at the lows. Now it can rise back to the upper range - 1.0046, or we may see 0.9982 again! If, this is the end I expect 0.9911/01 this week.
Looking for profitable short term trades ...|
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Sell Grid : 1.0027 - 0031
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Another day, another dollar.
Quoting Traderview
From my charts, i strongly believe MONTHLY will close above PARITY.
I seriously doubt that, we need to break parity for good to enable the real drop to begin to 0.8500 zone.
Risk comes from not knowing what to do
Quoting fxcontest
Sell Grid : 1.0027 - 0031
Edited 1.0018 - 0015
Quoting Austyno
{quote} I seriously doubt that, we need to break parity for good to enable the real drop to begin to 0.8500 zone.
Not this month. Probably for the September.
EU some pips above 1.0000, 1.6 billion expiries sit near here for today:

FX option expiries for August 31 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

- EUR/USD: EUR amounts

0.9925 1.18b near the lows and posible target on a 0.9982 sustainable break
1.0000 1.6b parity and close of the month Aug. today.
1.0035 307m too small, but keep an eye for any bounce
1.0100 1.8b top of the range - 0.9901/1.0089.
1.0150-60 1.18b too far in my opinion

Source: https://www.fxstreet.com/news/fx-opt...t-202208310640
Looking for profitable short term trades ...|
Quoting Wavegarrick
{quote} Hi Guys, as you have gathered by now. My buy trade was unsuccessful, I have a sell trade which I do not publish at these levels, simply because it is too risky. We are below parity which means 1 Dollar is worth more than a Euro. This is the first time in 20 years that this has happened, I simply cannot see this as sustainable. Be smart and buy cheap, with the right signals of course. Cheers. {image}
Hi Guys,
Buy trade opened at 1.00095. S/Loss 50 pips.
Trade safe
Cheers.
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Trade to trade another day
Quoting Wavegarrick
{quote} Hi Guys, Buy trade opened at 1.0095. S/Loss 50 pips. Trade safe Cheers. {image}
Hi Leon, are you still targetting to 1.07 till year end?
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