EURUSD only

UK Bank Holiday

If monthly candel closes above 1.18713, then I will buy. But as long as it closes below 1.18713, will keep my shorts.

you're still targetting to 1.13 - 1.14 bro?

Today I think it is better to focus on (temporarily) selling the bull moves towards 1.1812/22 area.. There will be a lot of resistance coming from this zone.. Time will tell

Entering short positions because I think we will see a retracement.

Updated S/R Levels for H4

1. For the next 10 hours or so, 1.1814 area is main resistance! Some +10 pips rise above it could end up at 1.1853 area, but for now I leave that option out because UK holiday might cause poor volume and limit bull power.
2. Bears could target 1.1791 first and maybe 1.1773 with momentum...
3. Personally, it feels like we could have ourselves a slow Monday, where not much happens.
4. When looking at the long mofu candle from Friday I also suspect a retest towards its lower half based on a potential vacuum effect.

I hope it helps

Sellers are trying to break 1.1792 area but still both buying and selling prussure

Good Morning


Buy 1.1795 for 1.1815

Hello guys, hope you are having a great trading day! I was gone to the Adriatic Sea for two weeks, completely ignoring trading the past week. I only took a look at the EUR/USD price development from time to time, and could see price broke out of the H4 falling wedge to the upward direction on Friday. I suppose I will only be observing the going for a couple days before opening a trade at all. Perhaps one of the "red events" this week could be an interesting moment to do so...
Wish you all a profitable trading day!

DXY
https://www.mql5.com/en/charts/14463...ts-corporation

1.1790 looks good... Bulls might try again soon...

*For today the upside might be limited with 1.1812.. but tomorrow that limit goes up to 1.1833.. So, the scalper-selling suggestion regarding to the 1.1802/12 resistance zone is valid only for today!

Looks like a side way path today due to no news. Taken two shorts so far this week and now long on one trade.

The shape of the day's candle will give a clue on what EURUSD have to offer.

Without news I dont really believe it will go any higher than 18120 without coming to 17750 first

Keeping in mind this NFP week, I wouldn't expect a whole lot of movement today, (but trading can quickly humble what you expect), however, if the EUR/USD is to continue on its upward trajectory, I would like to see 1.1780 turn prices around. That's if it gets there at all Remember, lower leverage and expectations this week.

Good Luck Everyone

H&S pattern on M30 suggests that bears want to make a picnic and spend a little leisure time at 1.1775 area.

https://www.mql5.com/en/charts/14464...ts-corporation

Marking 1.1793 as nearest resistance on M30...

Low liquidity

Here is a turning point in 1hr chart which is most likely to occur on 15 EST bar and it will occur around 15.30 EST in 15 min chart. A top or a bottom is formed around this time in 1hr chart.



Previous prediction post 138598