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  • #1,138,581
  • Dec 7, 2017 1:05pm Dec 7, 2017 1:05pm
Quoting ZenNy
{quote} this might go at least around 65......but my session ended 27m ago...... I do not like to have open trades while I sleep......When I do I normally dream about charts........and to be honest I prefer dreaming about something different....
nice swings....
trading is simple but is simple is not easy.
  • #1,138,582
  • Dec 7, 2017 3:09pm Dec 7, 2017 3:09pm
EURUSD remains choked out by the bears. Final target is 1680-90. Any rips will get sold. I don't see any reversal until we hit 1680.
Most of the price action is contained below day open entire week, this a a strong sign of weakness. No bulls are present.
  • #1,138,583
  • Dec 7, 2017 3:11pm Dec 7, 2017 3:11pm
this is still valid as noted previously.
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  • #1,138,584
  • Dec 7, 2017 3:19pm Dec 7, 2017 3:19pm
Quoting rkr81
Took buy @1.1794 target 1.1840
bad idea.
  • #1,138,585
  • Dec 7, 2017 3:28pm Dec 7, 2017 3:28pm
DXY Daily chart review. Still got decent upside before running into strong resistance. Until dollar hits resistance EURUSD dump won't be over.
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  • #1,138,586
  • Dec 7, 2017 9:06pm Dec 7, 2017 9:06pm
Daily Technical Analysis - Forex Currency Sentiments

EURUSD now all DOWN

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It is the dust where you came from & it is the dust where you shall return
  • #1,138,587
  • Dec 7, 2017 11:35pm Dec 7, 2017 11:35pm
waiting for EURUSD reversal.
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  • #1,138,588
  • Dec 7, 2017 11:53pm Dec 7, 2017 11:53pm
when you are expecting the EUR/USD reversal? now?
  • #1,138,589
  • Dec 8, 2017 12:00am Dec 8, 2017 12:00am
Good day,

Looking for some retracement on the daily. Will be building long for a few over coming days
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We Can
  • #1,138,590
  • Dec 8, 2017 12:02am Dec 8, 2017 12:02am
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  • #1,138,591
  • Dec 8, 2017 1:13am Dec 8, 2017 1:13am
eu: supp 1750 not resistance atm.....might change later on
trading is simple but is simple is not easy.
  • #1,138,592
  • Dec 8, 2017 1:33am Dec 8, 2017 1:33am
Here's some expert advice on EURUSD from one of the top analysts here @ ForexFactory.
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  • #1,138,593
  • Dec 8, 2017 1:45am Dec 8, 2017 1:45am
Quoting infernal199
Daily Technical Analysis - Forex Currency Sentiments EURUSD now all DOWN {image}
dreamer
  • #1,138,594
  • Dec 8, 2017 1:50am Dec 8, 2017 1:50am
Quoting Fernand
{quote} dreamer
Check out the analysis I posted (prepared by Alice).
  • #1,138,595
  • Dec 8, 2017 2:32am Dec 8, 2017 2:32am
Quoting ZenNy
eu: supp 1750 not resistance atm.....might change later on
maybe a fail final flag (if it reverses) just below it...
trading is simple but is simple is not easy.
  • #1,138,596
  • Dec 8, 2017 2:34am Dec 8, 2017 2:34am
Quoting ZenNy
{quote} maybe a fail final flag (if it reverses) just below it...
do we have chance to rebound some ? please advise
  • #1,138,597
  • Dec 8, 2017 2:36am Dec 8, 2017 2:36am
With a new lower low currently forming and the trendline break swiftly rejected yesterday, I think the Euro bulls can wait on the sidelines for the moment (unless NFP gives a strong bullish momentum). I would still personally take a long position on the second break of the trendline.
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  • #1,138,598
  • Dec 8, 2017 2:44am Dec 8, 2017 2:44am
Quoting FloatingCha
{quote} do we have chance to rebound some ? please advise
Sorry I cannot give advises.....I am only interpreting my own perception...

We are at support (support/resistance are also personal perceptions)........we are at the channel line of the bear channel (which could also be considered a bull flag)....here (channel line and support, also a round number) prices broke the bear flag...if the flag fails could be a fail final flag (another perception) .....

Also today is a strange day to trade because market movers are waiting and their the one driving the prices.....
trading is simple but is simple is not easy.
  • #1,138,599
  • Dec 8, 2017 2:54am Dec 8, 2017 2:54am
Quoting ZenNy
{quote} Sorry I cannot give advises....
Well noted, everyone has to trade his own account. On sup/res let me just add that horizontal sup/res are much stronger compared to sliding sup/res.

I will add that in EURUSD bulls are located @/near 1670-90 area, bears will gain control if PA gets rejected near 1800.
There is no 1800 coming unless we print @/near 1670-90 first.

Have a nice day!
  • #1,138,600
  • Dec 8, 2017 3:02am Dec 8, 2017 3:02am
Today is the big day, the last non-farm payrolls of the year that also may shed some light on a potential rate hike this month.

Although everything is in favour of a rising USD I'm expecting a pull-back on EUR/USD because it as been pushing down the whole week.
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