EURUSD

EU short below after reaction to D-R1, M-PP, W-Open level

Keep it simple, stay green guys

Market Analysis: price has started strong up trend, it is better to go for long trade, however, if price cross lower band levels then it might start down trend or current trend will cancel.

Trading charts: M15, M30, H1, H4
Our recommendation: Strong up trend.

lower band level 1: 1.1622
lower band level 2: 1.1597
Time: July 4, 11:04 AM (UTC+6)

Hi, Max! Nice levels! I mean I am a Pivot Point fan myself...
Sorry, I don't want to bother, but are you totally sure about the Daily Open level showed by your indie?

EURUSD >>> RANGE

Due to the holiday in the US today promises to be a quiet day; in particular as the political dramas in Europe. However, the smouldering trade war suggests that the calm of the financial markets will not last long. Following the conflict between the US and China, attention is now focussing on Europe. According to the latest rumours. With this approach the EU wants to prevent the introduction of tariffs on cars on the part of the US. However, this is only one option for a solution of the conflict. It remains unclear. Among the investors is likely to remain subdued. The US dollar is benefitting from that, but so is the euro, as both currencies are in demand as safe havens. As a result moves in EURUSD have so far been limited, at least compared with other currency pairs.

How things will progress for EURUSD not only depends on how the conflict between the US and the EU develops further. Negative effects on the economy, due to the uncertainty of whether there will be an escalation or not. What matters for the exchange rate is the pronounced difference between the two. Certainly the leading indicators seemed to illustrate a small divergence. Sentiment amongst companies in the euro zone has deteriorated not only in view of the risk of a trade war with the US. Companies in the US on the other hand are more optimistic still, which may be due to the fact that they still benefit from the tailwind offered by the US tax reform at the start of the year. If this were, the US dollar would gain the upper hand. After all, the Fed is already much more hawkish than the ECB and in that case the divide may very well widen further.

+50 pip eurusd range

If it closes on a weekly chart below 1.1507 it will be a nice downward move to the projected target of 1.0462, however until then I am bullish.

In FX markets, the greenback languished after the prior day’s losses against its major counterparts and with participants away for Independence Day. This kept the USD index stuck near Tuesday’s lows while EUR/USD extended on gains, in which the latter just about reclaimed the 1.1684 level.

Option expiries of note for today's 15:00 BST:
None of significance nearby price action.

Still 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.

Another boring day ahead. Maybe some false breaks around 1.16, but there is no trend anywhere. Mean reversion strategies get the money this week. Traders will be increasingly nervous towards fomc and nfp

Market Analysis: there is a support level around 100 pips below current price level, if this support level cross then price will start a new down trend. And around 160 pips above there is a weak resistance level upon crossing this level price will start new up trend.

Current Price: 1.1633
Resistance level: 1.1797 to 1.1855
Support level: 1.1569 to 1.1507

Time: July 4, 2018

Market Analysis: there is a support level around 100 pips below current price level, if this support level cross then price will start a new down trend. And around 160 pips above there is a weak resistance level upon crossing this level price will start new up trend.

Current Price: 1.1633
Resistance level: 1.1797 to 1.1855
Support level: 1.1569 to 1.1507

Time: July 4, 2018

no bother.
yes I am but my indicator calculates a custom day so it is not a calendar day. I use the open of the Sydney session to set all the calculations as this is the start of the fx week

the second most useful oscillator there is

https://forexfore.blog/2018/07/04/rsi8/

waiting for london to decide

Market Analysis: price is ranging right now, however it is still weak up trend, If price move 30+ pips towards up then we suggest to enter for long trade & also if price cross lower band level then it might start a down trend.

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

lower band level 1: 1.1612
lower band level 2: 1.1589

Time: July 5, 10:56 AM (UTC+6)

What happened here?
Massive UP move before Europe open. Trump? Was it Trump?

my spike up theory still intact but do or not on this support strong bear continues . take care specially if try for spikes up with all guards . higher tf plays all may do but not in times or instantly! fontu

Outright bullish manifestation. High is 16.91 fttb... I lift SL to 16.60 and let it ride to heaven

its not often you see manipulation like this especially in a very liquid pair. 40+pips before any news and it happened to be good news for euro