the stronger the possibility that EURUSD will go to the parity level ... support 1.03489 will be broken
The Average Discount Everything
- #1,215,862
- Jun 10, 2022 7:35am Jun 10, 2022 7:35am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,471 Posts
Certainly not the peak yet in US inflation! 
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- #1,215,863
- Jun 10, 2022 7:37am Jun 10, 2022 7:37am
- Joined Dec 2021 | Status: hungry for pizza & burgers | 2,542 Posts
I'm waiting to see if Gold gets below 1824 after the inflation report. If it bounces, then I will try to buy.
EUR/USD could also bounce from 1.05 or current levels, but I wouldn't buy it at this time.
EUR/USD could also bounce from 1.05 or current levels, but I wouldn't buy it at this time.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
- #1,215,864
- Jun 10, 2022 7:40am Jun 10, 2022 7:40am
- Joined Aug 2016 | Status: Trader | 10,396 Posts
I took my prfts on today's shorts [1.06 40 ] at 1.05 61
Might be wrong...
- #1,215,865
- Jun 10, 2022 7:43am Jun 10, 2022 7:43am
- Joined Jul 2007 | Status: Trader | 3,577 Posts
Certainly not the peak yet in US inflation!
...because you never know - until you do!
- #1,215,866
- Jun 10, 2022 7:47am Jun 10, 2022 7:47am
- Joined Aug 2016 | Status: Trader | 10,396 Posts
Changed my mind. . . . Closed all short pos. here at 5 61..... >FLAT now.
- #1,215,867
- Jun 10, 2022 7:50am Jun 10, 2022 7:50am
- Joined Aug 2016 | Status: Trader | 10,396 Posts
I took my prfts in JY at 133.90. > FLAT now . Aside.
- #1,215,868
- Jun 10, 2022 10:40am Jun 10, 2022 10:40am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,471 Posts
the stronger the possibility that EURUSD will go to the parity level ... support 1.03489 will be broken {image}
Looking for profitable short term trades ...|
- #1,215,869
- Jun 10, 2022 10:47am Jun 10, 2022 10:47am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,471 Posts
We can see something like that as long as below 0627
4H
4H
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- #1,215,870
- Jun 10, 2022 11:54am Jun 10, 2022 11:54am
- Joined Dec 2012 | Status: Trader | 4,723 Posts
The Average Discount Everything
- #1,215,871
- Jun 10, 2022 4:10pm Jun 10, 2022 4:10pm
- Joined Apr 2021 | Status: Trader | 5,844 Posts
Ending another week with some profits. Sniper entries and a total of modest 0.08 lots in EURUSD. I will keep them open and stay short 
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- #1,215,872
- Jun 11, 2022 2:40am Jun 11, 2022 2:40am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,471 Posts
EURUSD is going down as you can see not only in Weekly, but also and in the Daily timeframe.
Daily, 0627 is where the price is broken - chart with posible reactions. If, I don't see a significant bounce this means that price will continue falling without any meaningful retrace for the week, or it can fall from the weekly pivot, but it must first reach there which I find more difficult than to fall down to the weekly support first at least.
In Weekly chart the price is just above Monthly support and 0345 lows.
Daily, 0627 is where the price is broken - chart with posible reactions. If, I don't see a significant bounce this means that price will continue falling without any meaningful retrace for the week, or it can fall from the weekly pivot, but it must first reach there which I find more difficult than to fall down to the weekly support first at least.
In Weekly chart the price is just above Monthly support and 0345 lows.
Looking for profitable short term trades ...|
- #1,215,874
- Jun 11, 2022 9:58am Jun 11, 2022 9:58am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Ending another week with some profits. Sniper entries and a total of modest 0.08 lots in EURUSD. I will keep them open and stay short
- #1,215,875
- Jun 11, 2022 10:55am Jun 11, 2022 10:55am
- Joined Apr 2021 | Status: Trader | 5,844 Posts
{quote} Nice entry and good long term analysis. Keep on good work!
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- #1,215,876
- Edited 11:56pm Jun 11, 2022 11:16pm | Edited 11:56pm
- Joined Dec 2012 | Status: Trader | 4,723 Posts
Although the ECB raises interest rates in July or in September, the price movement of Down Trend will be continue
The Average Discount Everything
- #1,215,877
- Jun 12, 2022 3:35pm Jun 12, 2022 3:35pm
- Joined Dec 2015 | Status: Trader | 8,759 Posts
EURUSD price action on the daily time frame is in a falling channel (blue). After making a bullish retracement of a bearish swing to the 1.03360 multi-year support zone (green), it went sideways. Presently, it is in a bearish mode after rejecting the channel resistance trendline, and we may see a retest of the 1.03360 multi-year support zone (green). This is a zone that extended to the 1.00850 area on the monthly time frame, and, so, there is potential for further bearish drive beyond the 1.03360 level.
I may be wrong. Trade safe and prosper.
KP
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
- #1,215,878
- Jun 12, 2022 7:57pm Jun 12, 2022 7:57pm
- Joined Dec 2021 | Status: hungry for pizza & burgers | 2,542 Posts
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
- #1,215,879
- Jun 13, 2022 12:24am Jun 13, 2022 12:24am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,471 Posts
EURUSD price action on the daily time frame is in a falling channel (blue). After making a bullish retracement of a bearish swing to the 1.03360 multi-year support zone (green), it went sideways. Presently, it is in a bearish mode after rejecting the channel resistance trendline, and we may see a retest of the 1.03360 multi-year support zone (green). This is a zone that extended to the 1.00850 area on the monthly time frame, and, so, there is potential for further bearish drive beyond the 1.03360 level. I may be wrong. Trade safe and prosper. KP...
Looking for profitable short term trades ...|
- #1,215,880
- Jun 13, 2022 12:33am Jun 13, 2022 12:33am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,471 Posts
The price droped more, can we see 0425 today! We may, but Monday usually price action is slower. 0471/0459 and 0521/0545 posible suppot and resistance levels where price might visit and take a break.
We may, but Monday usually price action is slower. 0471/0459 and 0521/0545 posible suppot and resistance levels where price might visit and take a break. Looking for profitable short term trades ...|