EURUSD

Trump is a very successful business man though, he might have some outrageous things to say but you can't take that away from him, I wouldn't really call him stupid as such

just pa now , bear still ok & may to continue next week but there are suspicion of crash usdx but may take whole next week to decide . take care

now only I check confirm fed rate cut & as I told before it will be sign of apprehension & ultimately fear will ensue , so spike sharp for sharp fall & crash next likely & they may knowingly doing to have some pause ! no reaction or possible to do after neutral NFP friday or with all good news and to stay afloat must cut again and again till great tanking confirm!!

25 mins then dump.

1115-1125 great area for short sellers. target is +50. SL 10.

@fontu, you have my lifetime thumbs up..

where is trump now?hmm

why no movement yet

the move might be postponed until early next week. no big deal.

nice call.
It seems that's precisely how it works....

Eur is diping continue

Some ideas for the week ahead w/Levels.

Short at 11162 looking for 11080 although probably more like 11100 depending on what happens when the order is filled.

If you are tracking the EURUSD this week, consider this top-down technical perspective.

The market printed a morning star formation on the daily time frame towards the end of last week. This was in a horizontal support zone and price action is presently located too far from the mean. Thus, we may see a pullback to an area of value in the early part of this week. The 1.11680 area, which adjoins the monthly pivot, is a likely target of such a pullback. Another candidate is the minor falling trendline (magenta) formed by recent swing highs.

On the H4 time frame, price action is heading northwards and we may see a retest of the broken-down horizontal support around the 1.11680 area, which may lead to a role flip. Should there be a role flip we are likely to have a bearish momentum for a southward continuation.

I am bearish EURUSD but will await a retracement before looking for a feasible sell trading opportunity.

I may be wrong. Trade safe and prosper.

KP

EU preparing to drop.
Just looking for good price entry now...

Entered short 1.11288, tp: 30 pips, sl: open for now

Same. Can’t rule out a trip above 1130 though, but that would just mean better prices for a short.