The Swamp

unrest in nigeria too. plus a storm in the Gulf of Mexico. Oil should be monitored. It may tick up a little.

Oil usually does tick up with the gulf hurricanes. Down about a dollar on the day currently

DXY Resistance

AU and NU near recent highs while EU getting hit. I bought a little EA (retraced to recent breakout). Gold holding only slightly down

predict more up on AUD? Asian sold but London bought alot again. been this pattern many days now...

This from MT4 Platform news.... (Should have happened last week as far as I'm concerned)

EUR/USD: Trifecta of worries points to a downfall
26 October 2020, 12:20

EUR/USD has been under pressure as coronavirus cases are surging in Europe and the US while fiscal stimulus talks seem closer to collapse. Uncertainty about the elections also boosts the safe-haven dollar, Yohay Elam, an Analyst at FXStreet, reports.
Key quotes
“Coronavirus is raging in the old continent and weighing on the euro, pushing it off the highs. France has reported a daily record of cases on Saturday – only to surpass it on Sunday and reach 52,000. Per population, Belgium and the Netherlands are doing worse than their southern neighbor. Governments are also taking action. Spanish Prime Minister Pedro Sánchez addressed the nation and declared a new state of emergency that he wishes to extend until May while Italy is preparing additional limitations that would help curb the disease – and also risk the economic recovery.”
“While the increase in Europe's spread of the disease is weighing on the euro, the increase in the US is boosting the safe-haven dollar. The world's largest economy reported daily records of above 80,000 cases, pushing its seven-day moving average higher.”
“Another factor for the flight to the safe-haven dollar is the probable breakdown of fiscal stimulus talks. House Speaker Nancy Pelosi and White House Chief of Staff Mark Meadows were busy pointing the figure at each other over the weekend. With so little time until the elections, a deal always had little chances – but now markets seem to come to grips with it. Moreover, Senate Republicans are focused on confirming Amy Coney Barret to the Supreme Court and remain skeptical about the need for further stimulus.”
“The upcoming US elections are also a cause for uncertainty and dollar demand. Challenger Joe Biden continues leading President Donald Trump, and Democrats have a chance of flipping the Senate. Investors favor such a ‘blue wave’ that would enable passing a generous stimulus package. However, there have been few opinion polls since the last presidential debate, and speculation remains rife.”

Yeah, EA buy may have been a mistake. Looking for bounce from breakout zone, but AU looking a lot stronger, may have been false break. Just closed one third at BE, a little behind on other 2

Gold in very tight range. I'm holding some. Crazy trump might help boost it. This from MT4 now....
Gold: Triangle pattern to trigger a significant move
26 October 2020, 12:30

Gold is trading within a narrowing wedge or triangle. According to technical textbooks, this pattern of near-symmetrical lower highs and higher lows implies a significant move is coming once the price of a troy ounce breaks above these barriers, FXStreet’s Analyst Yohay Elam reports.
Key quotes
“XAU/USD is trading above the 100 and 200-day Simple Moving Averages but has failed to break above the 50-day SMA. Momentum is marginal to the upside.”
“Critical resistance awaits at $1,933, which has capped the price twice in October. A break above this level would free gold of downtrend support and the 50-day SMA. The next level to watch is $1,975. which held the metal down in September. Further above, $1,995 and $2,020 await XAU/USD.”
“Support awaits at $1,898, a support line in mid-October, followed by $1,875, a stepping stone on the way up earlier in the month. The next level to watch is $1,850, the low point in September.”

Good morning... just woke up... H1 reversed it... close to test H4 1802 stop...

impressive bears move...57 adr atm... 17 more to go.. day range low 1791.. not sure bears can push down there today..

monitoring your 4h on eu and gu

yeah,,, I longed some here 1804 for later days..
here GU...

those shorts booked while I was sleep..+28

booked long here 1318.. will buy lower..+9

https://www.washingtonpost.com/healt...6ed_story.html

add more.

https://charts.mql5.com/26/546/eurus...al-limited.png

I just booked more longs at 1819... good luck with yours...

short here 1823,,, will add...

the bodyes of the candle are small, so I close the trade. (you know fti)


https://charts.mql5.com/26/546/eurus...al-limited.png

I have a bullish view so looking for another setup for long.