EURUSD

Weekends of a trader are not only about having fun at the beach, but also reflecting on the past week action and zooming out to see the bigger picture.

H1 chart simplified

TP21 (Trade Plan - Week 21)

https://www.facebook.com/maxjoyfx/ph...type=3&theater

EU - daily

This chart is a bit zoomed in view of the wedge development.
1.1750 area seems to create a temporary bottom and Bulls are getting ready for a push up North.
1.1850 is stron supply zone, if bottom found, bulls most likely will target .1810/20, then .1850/60 resistance areas .

This chart is a bit zoomed in view of the wedge development.
1.1750 area seems to create a temporary bottom and Bulls are getting ready for a push up North.
1.1850 is strong supply zone, if bottom found, bulls most likely will target .1810/20, then .1850/60 resistance areas .

Here' a technical perspective on EURUSD. From the daily time frame, it can be seen that price action is bearing south but with reduced momentum, given the mix of candlesticks and the slope of the two MAs. Besides, the location of price action is a bit far from the mean area and we are likely to see a northward pullback in the early part of the week. Such a northward pullback may be to the 1.19060/1.19340 area (bound by horizontal magenta lines), a recently broken support area which may experience a role flip for a southward continuation.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

Attachment g

extension to one small last leg running & may cover both srs ( first tp ) before a probable spike , & by this time gold may get support to 1271/65/bo to 1248. so all watching . gu may free fall but no, may a sr at1.3302, au got sr but may even bo to 0.7133 .take care . fontu

now we are getting there

The USD index began the week firmer and at fresh Year-To-Date highs amid the improved tone regarding US trade policy, which effectively helps ease one of the uncertainties for the US economy that the Fed previously highlighted. The USD strength saw EUR/USD print fresh 6-month lows.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1760 (0.962 BLN).

Were stop out yearly in the day. So staying in the sidelines again.

Be cautious Aleksey! There is a strong (weekly+ daily) supports right around the corner and a pull back may happen very soon.

Just Sell euro and go away Still with new Lower Low. Good downtrend.

Although there might be some consolidation movements in the coming week, but risks remain on the downside. I set my target at 1.1718.

Sell 1:1740 SL 1:1746

TGT - .1734?

Shorts getting a nice fisting at the moment.

Sell 1.1745 SL 1.1751