EURUSD

wave 3 = 161.8/261.8 wave 1, so don't be confuse .... there are still many target bears that can be achieved ..... Target 161.8 Wave 1 = 1,0067 //// Target 261.8 Wave 1 = 0.93764 ... There is no necessity that an impulse wave must consist of 5 sub waves ...... but anything can happen at prices in the market .... be careful




If a crash can occur, depending on the ECB and Fed agreement

Remember this day? June 16 2021, EURUSD fell -141 pips when FED surprised the market by anouncing an end at the pandemic easing program. Today is not the same, now the FED is rising rates and it may surprise the market by doing a raise of 0.25% more from what it promised (0.50%) on the Interest Rate.

The chart can only show a part of the fall. We may see the same price action for some Months ahead.

1.035 before the FOMC



After hawkish FOMC, a dump to 1.0.

I changed it recently, I'm using SL again.
because it's not life that I always sit in front of the computer.

Bring your popcorns and watch Eur fall and DXY fly

bears are not pushing hard enough, a rebound higher is possible

I hope my pupils are progressing. greetings. Maybe eurcad long

Market is happy, sell USD now for gains?

game as changed at 2:02 eastern time. euro back in bullish faze

how about usdjpy long at this moment?

might be a bad idea after the FOMC press conference

temporary reaction due to market fear

Lets try silver short now at 21.647

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.

still in play

Its been in the range of 21.640 / 21.710, narrow range and now we need a nice drop for the next 2 days and out. We don´t want to be hanging around to long. I hope this lesson was constructive my students. Take care.

Ok, lets add more positions at 134.30 to my 134.00 and going up

Some profit taking out of the Dollar stoped EU's drop. 0.75% was still a surprise for the market.

Can it stay above weekly S1? If, not then a drop first to 0400 is next.

Resistance (0508) should hold it, or we can see the price at the next supply level.