EURUSD

I did some selling at 1.18 48 now.

Good day. EU is bullish again after it broked 1830 resistance yesterday, I see it heading at 1860 and 1900-10. Support levels are above 1795 at 1800 and 1820.

I watch how the US stimulus package deal will end and the markets reaction for clues about the trend.

Nothing else that I should add, I hope you are having a great trading day.

Hardluck man bulls are not done, seems like the important thing is the fact that "Talks continue" not the "deadline", sorry

Be aware that
1. many believe the discussions are merely political theater, because nobody wants to be seen as the cause of the not passing of a stimulus package (elections).
For the Dems there is little political gain in a deal before elections (only helps Trump).
2. even IF a deal is made, that is not the same as that it will happen, because it also needs to pass the Senate where there are quite a few against "anything larger than $ 500 B". That being said, McConnell seems to be getting more positive (but see again line 1)

Recent H 1.18 62 is another selling level..... and 1.18 80 IF seen........

extreme craziness continues ! looking 1.1871 at top limit & 1.1830 close H4 or d1 to signal breakout as start again for all down ! take care

checking usdx , a necessary crash down done & now to ready for bounce , weekly basis may need after 2 more weeks , so range arounds possible !

Are we heading towards 1.190?

If 1.1840-1.1830 is broken then maybe 1.180-1.1790 possible.

Went long @ 1.1850, 10 pips of SL.. targeting 1.190.. if stopped out and 1.1840-1.1830 is broken, I may short to see if I can get 1.180-1.1790

H1 m a c d divergence short possible ll

all super craziness but ok to wait . all one last leg running before breakout .

SL @ BE.. tempted to short and close the long here in about 30 pips, but I am thinking of letting it run to see if I am able to get 1.190, if so.. I plan to close half of the long there and keep the rest running to see if the pair tests the highs around 1.20. Going to avoid the shorts for now unless the Daily candle is closed below 1.1850. Safe trading guys!

lower than h1 done breakout not any enough or signal yet , need convince h1 tf by breaks below 1857 &40 to confirma , waiting. anyway lockdown time approaching , will see all next day. take care

DXY at strong support (92.59), could bounce from here, EUR/USD might see some southwards pressure. Profitable bulls might wish to consider taking some profits.

EURUSD short term technicals: Neutral/bullish the EUR is trading at a one month high as it extends its gains since late Sep and now marks a rather convincing uptrend. The shared currency climb for the session stalled at 1.1870 or around the 61.8% Fib retracement of its Sep drop at 1.1859 that may act as a clear mark to breach to signal a continued appreciation. More generally, the mid 1.18 may act as a consolidation area for the EUR with no other obvious resistance markers ahead of 1.19. Support is 1.1820/30 followed by the big figure, 38.2% Fib at 1.1765 follows.

I'm waiting for this little 2xb on the 5m to shake out. I'm only long 1k to keep me watching. I wanna see a dip to 1840 and a bounce back up and then I'll enter with size. I like how it is attempting to cause current longs some angst at the moment. I wanna see it stop them out and then I'll be interested. If it pops without the shakes, then so be it I'll take 50 cents. Not the best time of day anyway. I just sense a lot of part-timers loving this little textbook pattern here, a pullback to a 2xb, but on the 5m.

Pressure on the correlations coming from everywhere, swiss green bar, as well as uc, uj, and prior bar on ej ended with tail on top and gu looking a bit lower, but will any of them follow thru? That's the question. They may be either in a pullback or a bit extended and begin to pullback and eu may drive them to be that way if it takes the lead. So I have to watch them also here before I make a decision.

My logic here was flawed and I got stopped. The problem is that the current leg is down, but not just down on a pullback in an up leg. It's a larger correction that wasn't going to just bounce back up and continue. A down leg this large has momentum and trend with it, so it is less likely to just bounce right back up like it has been doing lately. No, this requires a more complex turn, I read it wrong because I was overly anxious.

Today EU is in a range after it failed to close above 1860. Support is at 1800-20 and resistance at the yesterdays highs.

I'll wait to see how the news today will come out (I don't wait good results) and then decide what to do.

Also the retail sentiment shows some signs of consolidation, so we may see some unwind of long positions which may leed the price near the lows of 1760-80 first.

Have a great trading day.