EURUSD

Sell the EURO TRASH to 1.15

on the way down, 1.19, 1.18 are near term take profit targets

sell rallies to 1.20, 1.203, and 1.205

If you are tracking the EURUSD, consider this technical perspective.

On the H4 time frame, price action is respecting a resistance trendline (chocolate) from April 18, 2018 high. There was a series of indecision candlesticks/sideways price action towards the end of last week which indicates a weakening of bearish momentum. A conspicuous print of a bullish pinbar towards the end of session last week Friday is indicative of the intent of bulls to take price action northward. A likely area for such a pullback is the 1.20530/1.20930 zone (bound by blue horizontal lines); a former minor support zone and which is in confluence with the 50/68.2 Fib retracement of the the most recent downward swing on the H4 time frame.

I may be wrong. Trade safe and prosper.

KP

Be First, Be Smarter or Cheat ...

Eur/Usd is sideway trading after broke below 1.20 support, and found new support zone around 1.9000/1.9010. The pair is still under a lot of pressure, it might continue further on the downside after the consolidation.

EURUSD now is on a divergence mood. in 4H time frame make stochastic indicator to 5,3,3 format and check the divergence from the pin bar candle might be go up but not now. still in the transition period .

Manage to take a SHORT on EURUSD @ 1.19759 with SL adjusted from 1.1978 to 1.1960, TP 1.16. Gonna take a breather with price alarm set at 1.1930 which when triggered will adjust SL again. Nevertheless, net 12 pips for Monday already when this position closes. Happy trading everyone...

The USD was slightly weaker against its main counterparts for the majority of the session following the mixed US jobs data on Friday. This provided some mild support to EUR/USD although briefly slipped below the 1.1915.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1960-70 (0.421 BLN), 1.2000 (0.987 BLN), 1.2040-50 (0.764 BLN) and 1.2090-1.2100 (0.418 BLN).

Last Friday managed to close my second target @ 1.1915 (2018 low). Now looking to buy, but waiting for a double bottom for a quick day trade toward 1.2031 before it makes another leg down. Risky but doable.

Nothing changes after bull loss control temporarily ( a yr or 2) &bear to prove its strength towards near previous low or even a new one if possible ( not expecting any in eu , oil though but in gold & gu possible )if possible . so whatever ranging pressure remain down as last leg up / settle /fail allegedly & great multiyear bull to start. take care , fontu

EU still without Higher High.

Despite the movement from 1.25 to 1.19 market sentiment havent increased much, so I would not expect further USD appreciation
http://www.marketsentiment.eu/Data/EURUSD

Recent low is 1.19 11 We approach a meningful low soon
Long here and 1.19 02 IF seen.....

Next Support at 1880 1860 and 1840

Sell SL 1922

A couple off days ago i said we w

Any bullish move by EURUSD on the daily could be premature and is doomed. The bulls had just taken over

Picture is more than a thousand words, as they say. Market just broke out of Bollinger Bands Squeeze

Though nothing is certain is this market, "Beast", any bullish setup would lead to no where as the Bollinger Upper and Lower band are too far apart

Sell 1920 SL 1933

Stil holding longs.... but it s a make or break situation now...


SL @ 1.18 945