EURUSD only

1.0988 is key on Daily and without a proper retest of this level market will not reveal its next direction... Therefore inside the new week I expect to find out if this level acts supportive or not.. Time will tell..

Enjoy your weekends..

Stay Green

The Daily trend is down, where a retrace on a bearish pin bar off the 1.1050 level has occurred. The US economy is fairly strong while the ECB is likely to add more stimulus this week. The short bias seems clear.

You will feel electro-magnetised

euro currency index had touched the support, then went north last week. But I think the support will be broken soon.

sell the rips: near-term entry
check the chart below for price levels:

the main thing that the Euro did not make a new low.I think the Euro will reverse and go much higher. Level i dont know- i think level of bollinger-around 1.09700-1.09600.Eur did two oversold in daily,three oversold cant be.i saw this pattern daily low,after it the same level or higher low and after it daily go much higher -till the top.

Weekly closed doji maybe we go up

4h and 1d looks bearish, however this is just short term (maybe first 1-2 days of the week?). If we have seen the bottom (for now), could go much higher in the coming weeks. Alternatively this could have just been a shallow correction.

#EURUSD / Daily & H4 / Bullish Idea

My recomendation is not prediction the market until market move to up or down, because we not marketmaker

Shows 1.1104

wait untill markets open.
Also wait ECB meeting if you love your money.

Looking to get shorty, nice looking M on Friday. Movers should be pushing this into 1.1040 area where I will start building short. I have one last holiday scheduled so will be only small time position today. I will not be taking on size until later this week, unless it explodes up.

1.1052 area is highly crucial resistance and I think price will bounce back down.. Also take note that 1.0988 area has still not been retested.. My intraday bias is sort of bearish at the moment..

Stay Green

Today seems firsly 1.1039 testing and then 1.0996... This week 1.0952 will be seen. No doubt...
Bearish day, bearish week...

Hi Guys, Great thread.
My two cents,
I have a slight upward bias. I did go long off the retracement line of the Asia-session range. It has cut the high nearly every 30 mins this far, but momentum seems to subside. Might close this if we go below the Asia session range high - which it touched right now - and went back up a few pips. We shall see. I don't expect a resolution until Thursday, but I remain biased for a trip north, and will trade the upward/retraces rather than the other way around.

On the bias:
Obviously, EUR has been very weak over most timeframes, though that has subsided on last few days. Today looks like its little sibling, the USDCHF is being pushed.

My reasons for the northbound bias is mostly that I think we are seeing a classical USD trend reversal unfolding. This often starts with commodity pairs, and yen crosses. These all show significant trend reversal moves over the last week our so. If this unfolds as it usually does, we should expect EUR to follow suit soon.

best

imo:

For me absolutely nothing to trade today. Maybe in NY session, but for now I am going to enjoy my free day The past seven days were exhausting at work and school, I got up at 5 AM every day

I agree with your opinion. Because today market not going up or down stuck in the midle..

Sell 1.10517
SL 1.10717
TP 1.10173

Let's see if this range holds.