EURUSD

Aleksbuk try watching the monthly charts once in a while. There is where the truth lies.

Good luck mate
The pair seems more likely to slide below 1.2240 and gradually towards testing the bearish double-top neckline support, near the 1.2200 handle.
Ecb Policy statement is on the table at 12:30 Gmt.

The USD index hovers back 90.00 following the hawkish FOMC meeting minutes. The FOMC’s meeting minutes noted that the recent strengthening of US economy has increased the likelihood of further gradual rate hikes, with most voters saying that recent data supported view that inflation will rise in 2018, and stabilise around the 2% target in the medium-term.

Let us see what the ECB Monetary Policy Meeting Accounts will bring to the table at 12:30 GMT, it may trigger another bearish attack or will it poke the bulls to come into the market.

Option expiries of note for today's 15:00 GMT.
EUR/USD: 1.2150 (1.0 BLN), 1.2350 (1.0 BLN), 1.2375 (0.6 BLN) and 1.2400 (0.8 BLN).

EUR/USD is trading near the 50-day moving average, now at 1.2237, confluent to the last swing low at 1.2205 that may prove to be a good support. I am closing most of my shorts at the 50-day moving average, leaving a 1/3 of my position for a potential break down.

new top / turmoils & sell off , higher tf still bull intact & strong for another leg up likely or fail at top , takes months also to decide .let if the limits down to react 1.2204,2088, 1960. presently sr nearest 1.2231.lets see , take care , fontu

Very cool and original. You are a real guru who puts the trades in real time. Congrats.

I think the USD will fall until close the gap.

gl to we

Now reverse to sell. Emmtry 1.23262 sl 1.23405 tp 1.2312

I think we go down.

My target 1.19

london open in 20m...

The US dollar Index has fell further below the 90.000 level, and it remains a very close call whether it can continue its recent ‘winning’ run and complete first week of gains this year. Technically, the index needs to close above 90.500-600, so quite a bit above the upper end of the 90.060-89.750 range thus far, and much may depend on the overall tone that emerges from the latest round of Fed rhetoric via a slew of speakers and Powell’s first semi-annual monetary policy report. EUR/USD straddles 1.2300, with no reaction to final Eurozone CPI.

Option expiries of note for today's 15:00 GMT.
EUR/USD: 1.2300 (0.8 BLN).

I'm still waiting for a touch at the 50-day moving average now @ 1.2247 to close 2/3 of my short position. Feeling a bit unrested with this tight consolidation.

The Euro posted some losses due to the optimistic outlook in the US. I'm looking to go long next week.

Buy - 1.23069

SL - 1.22912

.

I think we are ready to go up. Opened long @1.22964
sl 1.22500

possible try , watch 1.2308 H1 close wise breaks up for 2317/30 test & breaks for 2351 test. take care , fontu

The Eur/Usd moving back from big resistance.



Wash & rinse of level and we can see that high is holding. Likely pullback for this could be down to disrespected weekly COP and OP at 1.2155 / 1.2125 previous resistance now wıll act as support.



Take note of that weekly sell is approaching and if we get through that we can move down to one of these confluence lower supports.



Looking at our daily; 1.2160-1.2170 confluence is the beginning of support together wıth weekly disrespected expansıons..Any bounce in lower timeframes (before reaching the support zone) will be a selling opportunity for a move into that support area.

instaforex is total scam lol