EURUSD

hi
1-EURUSD
2-GBPUSD
3-USDCAD

EURUSD H4

EU-short term: buy it when break the neckline and re-test it
TP1:1.17436
TP2:1.18347
SL:1.14958

Dollar has merely started its rally - says emini
http://emini-watch.com/how-to-trade-...momentum/7372/

Market Analysis: price is currently ranging, follow our upper band & lower band levels, if price cross upper band levels then it will initiate a up trend or vice versa.

Trading charts: M15, M30, H1, H4
Our recommendation: Market is ranging.

upper band level 1: 1.1679
upper band level 2: 1.1712

lower band level 1: 1.1605
lower band level 2: 1.1571

Eur/Usd upside movement seems dry up, but downside seems limited too ahead of US nonfarm payrolls. Resistance can be found at 1.169 and follow by 1.172, on the opposite side, immediate support around 1.162 and follow by 1.150/55.

may be , the present immediate range goes to 1.1600 to 1.1726-1.1770, beyond this go to 1.1850/1995 to 1.1507/1.1446. pressure still down take care , fontu

EURUSD Daily chart: Pivot points & technical indicators summary

Enough sellers attracted now bulls will rise to test 1.1690 area before falling

ok , better 1.1612 breaks down to up again .if 1.1600 breaks then bottom test very likely .

At the start of the week there is quite a lot for the euro to process: fears about a trade war between the US and EU have been further fuelled following a comment of the US President that the EU was “possibly as bad as China, only smaller”, when it came to trade and a government crisis in Germany is still on the cards. The governing CDU’s broad support for Angela Merkel’s course was able to support the euro a little in the early hours of trading, but until an agreement is reached with the Bavarian sister-party, the CSU, the future of the government in its current form remains uncertain. Following the announcement of Interior Minister Horst Seehofer to step down over the weekend, the two coalition parties are planning a final attempt to reach an agreement today.

Principally, it can be quite relevant for the euro if the political situation in Germany changes dramatically. Due to a lack of economic and political convergence amongst the member states, the euro remains a politically intended experiment. Germany is one of the most powerful and pronounced supporters of the euro. Reforms that would overcome the structural weaknesses of the single currency and would place it on a stable foundation long term are unimaginable without German support. If the CDU and CSU coalition was to break apart the formation of a stable governing majority would not become any easier going forward. However, for now there is little reason to doubt that all parties who might be suitable for a formation of the government support a similar economic and principally pro-European course. That means that the stability of the euro is not under threat even if the disagreements on asylum escalate further. That means the second half of the year starts in exactly the same manner for the euro as the first one was characterised: political uncertainty is having a short term effect on the EUR exchange rates while monetary policy and the threat of a trade war with the US remain the dominant issues for the euro.

I like this, well done!

KP

Seems like the 1.1684 is a tough nut to crack. EUR/USD is again under pressure by political discord in Germany that threatens Merkel’s government after Interior Minister and CSU party leader Seehofer offered to resign amid migration dispute.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1575 (1BLN), 1.1590-1.1600 (1.2BLN), 1.1620-25 (509M), 1.1690-1.1700 (800M).

Still holding two long positions one @ 1.1684 and the other @ 1.1555 both with the same targets, first target @ 1.1852 and second target @ 1.2000.

Pattern holds.. Today bear, tomorrow bull, both weak until NFP very probably breaks some trendline.

Get long

broken 1.1600 means easily test the ground & more to have a secure foot. lets see , how much before taking long try .fontu

The EURUSD is still consolidated around the 1.1600 level with a good support at the 1.1500 level and a resistance at the 1.1820 level.

The USD index remained firm overnight with the greenback holding on to gains against its major counterparts in which EUR/USD attempted a breakdown of the 1.1600 handle during US trade. The pair later found support at the above-mentioned levels, with EUR also briefly underpinned on reports that German Interior Minister Seehofer will stay on in the role after an agreement was reached with Chancellor Merkel.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1550 (0.825 BLN), 1.1650-75 (1.5BLN), 1.1700-10 (1.5 BLN), 1.1725-30 (1.5 BLN).

I am sweating but holding on to my two long positions one @ 1.1684 and the other @ 1.1555 both with the same targets, first target @ 1.1852 and second target @ 1.2000.