EURUSD

trade closed in . 1.1351

1H

Tracking big rangings, usdx not bottoming yet another tanking possible there. Eu correction may continues towards 1445 possible then. Anyway bad risky price action continues. No reversal yet. Take care
Possible test tl to 1310 to below 1277 possible before next top if crazy top run without at 1334.. Same usdx breaks limit to tl and tank another leg.

i must admit, you are a very good trader, an eye for detail

critical level :
11373
11369

11325 and all the down to 11289.. if breach maybe we're going down to 11242 closest..

I'm shorting for short term. Maybe 1-2 days.

I expect some resistance near 1.1385, will try some shorts there...

not going to short this bugger ....... yet

side way till FOMC ... no strong push until then

usdx top from my chart , bull still healthy with ranging top before further storm up this year likely,

eu breaks the target 1369+ can be enough, if not 1440 high test as pull back to tank below previous low . doing very less trades in this pair , just test to see the market .

LIVE Market Preview:

Oupsy, double top ready to pop?
Or 1335 the daily low will hold?

Probably not much movement til FOMC minutes, no?

all possible but as entered in a bull PA should workout till failure .apparently the tl to follow .

h4 100 something something, holding as support for now

Agree, I can see the H1 bullish channel myself ...but I thought we'll see a retracement before the continuation.

Indeed ...if no meantime EEC political breaking news, the FOMC waiting range is very possible

All I'm saying by that is the Weekly Fibo Pivot levels might work sometimes for a scalp.

im gona start shorting at 1367 and every 20 pips after that

Thing became quite clear yesterday: the euro’s fate also depends quite heavily on Brexit. Alongside Sterling the euro was also able to appreciate and move towards the mid-1.13s where it has not been trading since the start of last week. Of course the euro zone is staggering along very close to a recession and as a result the real economic effects of a no deal Brexit could easily push it over the edge. So it should really be of only marginal significance whether GDP growth was slightly below or slightly above zero. But who would want to blame the FX traders that they still have a clear memory of the great recession of 2008, i.e. the memory of an amplifying downward spiral? As a result the word “recession” causes strong reactions. Even though everything seems to be pointing towards a recession being flat this time round – if we are to see one.

This sentiment entails a risk for EUR optimistic outlook: even if the ECB would only react with very limited measures to disappointing growth (e.g. with LTROs) the market might interpret this step as the beginning of a new round of ultra-expansionary monetary policy and react with significant EUR weakness – at least initially.