Attachments: EURUSD only

EURUSD only

#150,561
Jun 28, 2022 12:19am Jun 28, 2022 12:19am

Konichiwhaat
Joined Dec 2019 | Status: Going with the flow | 2,032 Posts

Quoting ScalaFX

Disliked

{quote} Yes, for shorts is positive right now

Ignored

A nice (little) bonus

Emotional Control. Process, not outcome.

#150,562
Jun 28, 2022 12:23am Jun 28, 2022 12:23am

ScalaFX
Joined May 2021 | Status: Trader | 7,225 Posts

Quoting Konichiwhaat

Disliked

{quote} A nice (little) bonus

Ignored

That's why we are going down till swap will be positive, hedge funds like it

People don't plan to lose. They lose because they don't plan.

#150,563
Jun 28, 2022 12:26am Jun 28, 2022 12:26am

Konichiwhaat
Joined Dec 2019 | Status: Going with the flow | 2,032 Posts

Quoting ScalaFX

Disliked

{quote} That's why we are going down till swap will be positive, hedge funds like it

Ignored

Emotional Control. Process, not outcome.

#150,564
Jun 28, 2022 12:44am Jun 28, 2022 12:44am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,160 Posts | Online Now

Meanwhile, on H1...

Bulls are struggling to climb above my nearest support: 1.0593, which had failed some 14 hours ago...

If Lagarde speech coming in 15 minutes can't push this up today, I believe nothing can..

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Focus only on what truly matters!

#150,565
Jun 28, 2022 1:08am Jun 28, 2022 1:08am

GreenJ
| Joined Jun 2022 | Status: Trader | 463 Posts

Some crooks will be spending a lot of money to keep it under 1.06 this week. I know I talk a lot about options but it has been one of my best indicators for years. That and greed lol.

#150,566
Jun 28, 2022 1:37am Jun 28, 2022 1:37am

Erkat
Joined Jan 2022 | Status: Trader | 693 Posts

Real bears arrive from the last hours of Thursday or Friday, and before that we are involved in oscillating movements and bull movements.

Half of the time, the market is building resistance and support levels, and

#150,567
Jun 28, 2022 1:41am Jun 28, 2022 1:41am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,160 Posts | Online Now

This is the crucial part of her blabbery: "In this setting, we have markedly revised down our forecasts for growth in the next two years. But we are still expecting positive growth rates due to the domestic buffers against the loss of growth momentum."

To me that means: EURO will flow in "boringly bullish" territory for 2 f*king years!

Focus only on what truly matters!

#150,568
Jun 28, 2022 1:53am Jun 28, 2022 1:53am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,454 Posts

Updated 15 min. graph

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Looking for profitable short term trades ...|

#150,569
Jun 28, 2022 2:34am Jun 28, 2022 2:34am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,160 Posts | Online Now

FONTU was mentioning 1.0540 a lot back when the bullish breakout hadn't occur.. I think price will go back to retest and bounce back up from that level.. Maybe that's also why bulls are currently so hesitant to continue higher..

Time will tell..

On a side note: With Lagarde's words in mind I think the bearish trend will slowly shift to mild bullish.. For two years I don't expect anything aggressively bullish for EURUSD but based on ECB planning I can say: forget parity! If you think ECB plans will fail then maybe yes, parity! Therefore: The amount of how much you trust in ECB will shape your bias!

Focus only on what truly matters!

#150,570
Jun 28, 2022 2:58am Jun 28, 2022 2:58am

Traderview
Joined Sep 2017 | Status: Trader | 4,493 Posts

I don't know about the parity, clarity or charity but monthly likely going to finish below 1.05. Maybe around 1.0480, +/- 20 pips.

Crossing 1.0636, not an easy one. If it happens today or tomorrow then, it'll be pushed back below t0 1.0550 on 30th.

And Regarding ECB, i expect a 150 - 250 pips move after it raises the rate. That would likely be from 1.03 - 1.02. It takes another 22 days for the ECB meeting.
In the meantime, it's just a 300 pips range between 1.06 - 1.03 market.

I wouldn't keep a long term bias on EURO or USD for now. You need to wait until end of September to come any sort of long term view.

#150,571
Jun 28, 2022 2:59am Jun 28, 2022 2:59am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,160 Posts | Online Now

Quoting Traderview

Disliked

I don't know about the parity, clarity or charity but monthly likely going to finish below 1.05. Maybe around 1.0480, +/- 20 pips. Crossing 1.0636, not an easy one. If it happens today or tomorrow then, it'll be pushed back below t0 1.0550 on 30th. And Regarding ECB, i expect a 150 - 250 pips move after it raises the rate. That would likely be from 1.03 - 1.02. It takes another 22 days for the ECB meeting. In the meantime, it's just a 300 pips range between 1.06 - 1.03 market. I wouldn't keep a long term bias on EURO or USD for now. You need to...

Ignored

Lagarde and ECB DO HAVE a long term bias... Don't ignore that!

Focus only on what truly matters!

#150,572
Jun 28, 2022 3:00am Jun 28, 2022 3:00am

Traderview
Joined Sep 2017 | Status: Trader | 4,493 Posts

For today and for the rest of the week, i'll watch onlyone price for BEARS i.e 1.0561. As long as no 4hrs keep closing below it then surely for more downside. If the daily closes below 1.0560, then bears have the upperhand.

For Bulls, just opposite.

#150,573
Jun 28, 2022 3:03am Jun 28, 2022 3:03am

GreenJ
| Joined Jun 2022 | Status: Trader | 463 Posts

A shift is taking place with the G7 towards Russia. Markets should soon start to reflect that. I believe this pair to break 1.08 soon. Euro is too cheap right now.

#150,574
Jun 28, 2022 3:03am Jun 28, 2022 3:03am

Traderview
Joined Sep 2017 | Status: Trader | 4,493 Posts

Quoting Ata-Turkoglu

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{quote} Lagarde and ECB DO HAVE a long term bias... Don't ignore that!

Ignored

That same bitch also told in the last meeting that '' NEAR TERM RISKS ARE HIGH AS FUCK''

We shouldn't ignore that too. Thar's why i've mentioned, you need to wait until end of September.

#150,575
Jun 28, 2022 3:03am Jun 28, 2022 3:03am

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,454 Posts

We should see more range ahead. Ata is right, but when we see good, or above forecasts US CPI, or job numbers, or something bad is happening in Euro area (Ukraine war, energy) then, 1.0000 is coming back on the books and is hard to get it out of bears minds.

As long as there is ECB talking about the new bond program to safeguard raising rates then EU is good all and may ignore Putin bombing a mall center, or anything else bad in the news. 1.0800 is a good number to target, but step by step, day by day.

Also you should think USD as a safe heaven currency, but not in all cases. Example when growth is slowing in US then, you will see USD slowing too and talking about whos economy GDP is going to perform better, you will see it rising against anything else.

EU is muted waiting for its next attack up, unless it breaks 0571, then we may see 0550, or lower!

Looking for profitable short term trades ...|

#150,576
Jun 28, 2022 3:07am Jun 28, 2022 3:07am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,160 Posts | Online Now

Early Daily Outlook for Tuesday

From here on until tomorrow close 1.0565 is now nearest support..
It doesn't look good for bears who didn't kick in so far. Seems like they are willing to allow bulls to climb up!
The bull struggle is the only confusing thing here.. Why are we waiting? ---> probably for a leak of US data! (Of course f*cking robber banks will once again, get this data earlier than us!)

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