EURUSD

Moved SL up to 16.32

Bulls were stopped close to 2-week midpoint, i.e 50% fibo.
61.8% would be around 1710 - I bet it will not be seen today.

CME EURO FUTURES

https://www.forexfactory.com/showthr...0#post11190010
some greens broken & last one to see if test & breaks 1.1727. then will look for targets , Again I think a tough thing to speculate but very possible as tit for tat theory at this d bottom & good sr / target before > crushed unusually & so to get reaction the same way , weekly pin IF for the spike direct till over sharply again ! Just theory , will actually wait there for my next entry short medium term , now some scalping ( working with weeks though )to it ok with care . fontu

a weak thin animal may have more thirst & likely look for the ground , so careful .lets see , fontu

Might see 1.1590 in a 50% weekend break trace.
USDX long term looks like big bear?

Euro is still firmly trading in the shadow of the mighty Draghi drop last week. I can't see anything very bullish here, only a a moneygrab spike before sub-1500.

This week's advancements...

https://forexfore.blog/2018/06/22/recap/

Is going to down. 1.1650

.

EU short on min 30 for 60 pips I think.

Looks like the close will be at daily highs, and 1710 will be visited Monday.

the chance on EU. post 21

hello guys...

here my opinion...


Price on Monthly pullback on to Resistance line being support line


same situation with monthly and confirmation with Piercing Line candle


2 day candle close higher


I am going to take LONG position if the price pullback on magenta line area or break the blue line

I want to hear from you guys....

Regards,
sonigl

tough areas to break to hit last green signal , so weekly open should be critical> breaks up ( 1.1674 ) without challenge in the dark or face correction to try again if possible .take care , fontu

Hey guys, if anyone from EU has an opinion on new Retail Trade Restrictions - feel free to share it here → ESMA

Well, for start the week i have 1.1710 as resistance and 1.1590 as support. Good luck.

any gap today?

For while not much, Bloomberg have 1.1658 now, check there: https://www.bloomberg.com/quote/EURUSD:CUR

WARNING : COUNTER SWING

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Here's a top-down technical perspective on EURUSD.

Last week, on the weekly time frame, price action on the EURUSD market broke below an inner ascending trendline (chocolate) from the low of January 2017. However an outer ascending trendline (black) from the low of January 2017 is still intact. Bears tested the outer trendline (black) but bulls stepped in to retrace the price action. This led to the printing of a bullish pinbar off the outer ascending trendline (black) which spanned a few pips above the inner trendline (chocolate). Thus, technically the EURUSD market is in a northward mode. Possibly bulls are poised to take price action further northward in the days ahead. However, as the bigger technical outlook is southward, such a northward move is likely to be temporary and corrective in nature. A likely target of bulls is around the monthly pivot (around 1.17610), or by extension the next minor horizontal resistance around the 1.18580 area.

On the daily time frame, the bullish pinbar formed last week Thursday had a follow-through of bullish price action on Friday. We may expect bulls to retest the top of the bearish candlestick printed on Thursday June 14, 2018, which marked the high of two weeks’ ago. This high is around the 1.18580 area.

I will hold a bullish bias on this market on a short term basis this week.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

Attached Image (click to enlarge)