EURUSD

This is what my ANN indicates (orange is forecast) based on the trained data (red) for the last few days.
Please dont trade on this. Just an interesting FYI

Here's my take on EURUSD as a technical, swing trader.

The daily time frame shows a market in consolidation. However, from the technical pattern of price action on the daily time frame, we may see a further northward move this week, perhaps to the horizontal resistance around 1.15600, before a southward disposition.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

Here you can find my HEW view on FF.

I'm despairing between a bullish (short term) and a real bearish view....
Hope the coming days brings me more firmness...

HI everyone on FF,

Happy new year 2019. Wishing you a good year ahead. Had a nice three week vacation at various places in India.

The markets have been choppy recently. We have 3 higher highs in play now. if the EURUSD enters 1.15 zone with a full bodied candle and stays above at close , I will go long at 20 standard for 1.17 target.

So far I am still bearish if the above scenario is not achieved.

I may be wrong as I am always in 6 out of 10 cases. But I ended 2018 in green for which I am grateful.

Best wishes!

An update:

On a weekly basis, if this week ends below 1.1410, I will go long with 20 standard lots at week end. A bit risky , I intend to capture the GAP opening at start of next week. So far this is just a theory and is based on week ending below 1.1410.

I am now analyzing monthly data.

An update:

A monthly analysis still favours a bearish scenario, but I have no indication here on what to do. The higher time frames reduces the accuracy of entries and exits. The estimate entry of a sell order is around 1.1800 but I would not rely on this figure.

Thank You very much for this Sir

14579

Did sold 1.1416 ....despite Friday High support (if fake I'll buy 1.1430)

Oscillating 1400.

Me too with tight stop.....stopped out

Yea, me too, got stopped. 1SL today ...so far

Took an other short from 1.14227

1422 short is fine mostly if you are sure it will go down today
I'll keep my range borders, 1416 - 1430

Monday zig-zags, but the FX Gods seem to favor the bulls for the last 2-3 days

1440-42 needs to let us through

Yeah, why not... 1470 - 80 envisaged
.....or 1370 good as well, no problem

delayed post but ok to work with , no time to post timely , anyway waiting it play more or less .that is for test try 1500 it may tank to 1380/43 to 1332 if not 1242! test lows still may not over as previous analysis . take care

I closed 60% in 10 pips profit to recover the previous loss and and left 40% at Be... just checked now after some hours and stopped out on be .....still not bad...so side lines now