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Based on H1, bulls have to keep it above 1.1582 for quick continuation.. Otherwise, we probably will have a delayed continuation..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 6.2%
I see this area as a LOW of the day today
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Quoting andvk74
I see this area as a LOW of the day today {image}
Same, my tp is at the same level of the potential inverse heads shoulder pattern
Risk comes from not knowing what to do
Quoting andvk74
I see this area as a LOW of the day today {image}
today most likely powell 1.1640 - 1.1655 to make weekly high then down to 1.1493 by friday )))

market can retrace now before news event, we need to see where price will be at before PPI news
My gut tells me this thing is gonna "freaking" drop, to stay on the polite side. Huh, it had already started dropping before I could read your posts and write this post of mine...
My gut says a bull spike before any drop… obviously can be wrong
Extreme gut feeling trader
Road to Million All Time Return: -97.1%
Closed here. Pattern completed. I just need TP1
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Quoting Ata-Turkoglu
Based on H1, bulls have to keep it above 1.1582 for quick continuation.. Otherwise, we probably will have a delayed continuation..
PPI m/m

Hello
Have your any sound this PPI m/m
Quoting andvk74
Closed here. Pattern completed. I just need TP1 {image}
Nice job!
...because you never know - until you do!
Quoting yvestrcz
My gut tells me this thing is gonna "freaking" drop, to stay on the polite side. Huh, it had already started dropping before I could read your posts and write this post of mine...
Nah, just another buying opportunity...

Staying long til 1.1610 then all bets off......

Ok this is how I imagine Powell's speech:

Today's Core CPI was 0.2% below expectations ....that's the transitory inflation.....data dependent.....full support of the US government....yadda...yadda...I'll keep printing dollars....yadda

Bulls run into resistence around the 1.1615-20 area - that's the real battle.
...because you never know - until you do!
1533 looks great for a 100 pip swing to 1622. I will take this if it gets to 1533-1540 area
I went long before the news this morning.
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EurUsd Weekly
It looks like MA200 could be the bottom...
It's the 6th week here...
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Quoting Pipjitsu
I went long before the news this morning. {image} {image}
Was also hoping for a 1.16160 target but then it made two attempts and now dropping like a dead fly. Should have taken this trade with a small R/R. lol. Anyways, flat 200/100 MA is still keeping me hopeful.
Quoting SiamonSings
{quote} Was also hoping for a 1.16160 target but then it made two attempts and now dropping like a dead fly. Should have taken this trade with a small R/R. lol. Anyways, flat 200/100 MA is still keeping me hopeful.
Nope. I'm taking a -10 hit on this trade. Currently, bearish for a 1.15550 TP
Quoting SnaveForex
1533 looks great for a 100 pip swing to 1622. I will take this if it gets to 1533-1540 area
Update Eurusd may possibly hit the bottom at 1505 or 1474 to stay afloat around 1533
up down up down up down
Fundamental provide Volume, Technical shows Direction
The fundamental news does not seem to affect the short-term trend. 1.1555 seems achievable in the coming hours.
Based on H1, 1.1583 has supported nicely so far..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 6.2%
Quoting SiamonSings
{quote} Nope. I'm taking a -10 hit on this trade. Currently, bearish for a 1.15550 TP
Nope again. Closing trade for -1. Calling it a day. Sooner or later bears should kick in.
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