EURUSD

EUR/USD 15 Min chart has a rising wedge,

USD Index 15 Min chart has a falling wedge

Reversals are here IHHO


EUR/USD Possible as high as the 1.2055

Panel Discussion - FED Chairman Jerome H. Powell - live now

Monetary Policy Influences on Global Financial Conditions and International Capital Flows

At the Swiss National Bank and International Monetary Fund High Level Conference on the International Monetary System, Zurich, Switzerland

https://www.snb.ch/en/ifor/research/...Ivdo5jAkZu7Mig

Propably another day with new Lower Low

1880 1860 and 1840 support

The USD index initially traded choppy although has since rebounded off its lows which has resulted to a capitulation in EUR/USD.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1850 (0.502 BLN), 1.1900 (0.328 BLN), 1.1950 (1.5 BLN), 1.1975 (0.586 BLN) and 1.2000 (0.698 BLN).

Waiting to buy a double bottom near the previous 2018 low @ 1.1915, for a quick day trade toward 1.2165 before it makes another leg down. Risky but doable. Seems like it wants to continue falling, my next support is @ 1.1829.

Long at 1.1890. SL 40 pips. TP 1.1936

Same long...will look at major retracement now, 1,205x/ 1,215x & 1,225x

Bull are quite dead!

Indeed, closed major shorts but tbh i don't see any sign of a imminent pullback now.. just broke through again if we dont get a decent pullback tomorrow we might have the same thing

Whenever there are sellers at a bottom...its time to hurt them

If it doesn't bounce soon, below 1,15 will be the right target

First time we had a breakout without volume...time will tell

Last long 1,1866....now waiting

Yes they are. You can see the flies around them now

True

Sentiment hit extreme low on the euro, and extreme high on the dollar.....usually when both are hit it could lead to a nice retrace/reversal

Between yesterday and tonight it could be time to add longs....risky but worth the shot

The USD index rose above the 93.00 level and at a fresh year to date high amid rising US yields. So far no support for the EUR/USD although it paused near the previous year to date low at 1.1915 but yesterday broke with a wide range candle and seems to carry on downward.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1780-85 (0.302 BLN), 1.1800 (0.264 BLN), 1.1900 (0.713 BLN) and1.1910 (0.254 BLN).

The 1.1829 may be the support that I am looking for but still waiting for a confirmation, I do not want to grab a falling knife.

PPI was a bit lower than expected.

Maybe a small long from 1.1870

IMHO, an up trend is beckoning
edited:
a bullish gartely may form

Keep that shorts running.

My target was a couple days ago 1.19.

We already broke that next 1.17.

bulls had their time to maximize the opportunity but I think they are giving up. In the grand scheme of things, bears have an upper hand.