EURUSD only

Thank you so much Ata Bahi (Brother).

You were right !

The fat lady bear has not started to sing yet... 1.0480 area (my dashed line on daily) is still a solid blocker!

No decision any yet, previous low intact, at least a bear failure to encourage bull effects but still time there play till weekend and next week early days!! So price not going any where till then. So a bottoming effects to prone bear likely. Lets see next day what play again.

Hmmm, will they retake 1.05 today?

If today's candle closes above 1.0478, then yes, it is likely that they will bust 1.05 and even higher.. Let's see...

Life is beautiful!!!
1,0500 is comming, brother!

Looks like a no go today... so now, what touches first 1.04 or 1.05...

I see Thursday completely in the direction of weakening the DXY

Hope you've enjoyed it.

Is your analysis outlook on 1.0557 and 1.0599?

On DXY no 1hr closes above 104.75.

The forex market works in both ways. In most cases, it touches the days high and the days low. If you're an experienced speculator, whether the market trend is bullish or bearish, you will always make your profits which ever direction you decide to go. What matters is the point of entry. Point of entry is KEY.

Quick DAILY Outlook

1. Okay folks, now I think the inner-wave 3 is complete.. (Hopefully! )
2. The remaining questions are:
   1. Can bulls penetrate through my dashed line??? Roughly 1.0474 area...
   2. If they can, where will wave 4 end??? For now, I simply ended wave 4 at fib 50/61.8 zone. But nothing for sure.
   3. Since we don't know exactly where wave 4 ends, we also can not know where wave 5 could end. However, I still made use of the fib extension tool (based on Bill Williams' theory) to roughly show the potential target: It could be somewhere between 1.0180 and 1.0340. (Please note that based on Elliott wave theory, a wave 5 can not be larger than wave 3!)
   4. If wave count is correct, since a bullish wave 4 can not touch or exceed the top of wave 2, bulls are limited with 1.0773 max, even when considering the most brutal bullish scenario! In other words: a touch to 1.0774 would invalidate the whole wave count!
   5. To summarize: the next chain reaction depends on what happens at level: 1.0474!!!

That's all for now... I hope it helps

Sell limit @ 1.05170
Sl 50 pips
Tp @ 1.04380

Today will most likely close bearish. We shouldn't have 3 bullish days in a row if the direction is south and yes sooner or later PARITY is assured.
The moment we take out the lows of last month, it won't be a good idea to buy till 1.00000(except for scalps of course)

H4 timeframe suggests DXY is about to complete a 5-wave Impulse move.the current wave (4)is a correction wave , which will in turn support a short relief rally of the market for risky assets.

This moves very tough my take on this as below:-

Enter bear at 1.04300 TP @ 1.04215
You may also want to secure a trade in BULL level at price 1.04595 TP @ 1.04865

5M and 15M has very strong movement towards south, the 1H chart has a very sharp BULL, better secure both places.

EURUSD Moves , hopefully for Thursday and into Next Week

Just checking bottom of this current leg down completed as b corrective wave, making a diamond like swing or can convert into expanding triangle /megaphone pattern! Both bearish and test reaction low at least. Anyway c wave up to breakout d /bear continue possible! Take care
may range 0487 to 0402 twice before test reaction low at 0359! . smaller tf hexagon / diamond may not work perfect , and turn into megaphone then 0527/0544 test possible to hit strong o359 and 0349!!

update:
now playing for 0403 , may extend to 0389.lets see if work perfect !so short working

I wouldn't sell. A break above 1.0480 means more upside and for at least a few days.