EURUSD only

Same tech, same idea, other timing other view.

In the Daily chart the trend is down and even with this long bullish pinbar I still don't think that the bulls have many chances yet. We should see more price action above and a close above Thursdays high, so we can see a move to S1 level (see Daily chart).



On 4H chart the price is ranging, but its bearish too and only a rise above 0222 will open the road to new highs above 0250 where the new Weekly pivot is standing.



In the calendar the US CPI number is the key for this weeks continuation of the bearish trend, but we may experience a buy the new sell the fact situation.

I suggest people to wait and don't trade EUR/USD in the next week due to the cot stochastics indicator that I calculated.
It shows a reading of -23%. -100% is oversold, 100% is overbought. And we are no way near the 100% of a clear downward trend. So there won't be a big downward trend. But all that is is just an advice. Carefully select your trades before entry.

Thinking out loud, waiting to see if or how large it gaps at open. Suspect after Friday profit taking, the gap may be significant. If so, after the ups and down of the next few days, trend change? If not, bears may return.

Edit: No gap at open. Im taking that as a sign of indesicion.

Edit 2: it gapped 2 min after open.

Hi guys, I hope everyone is well.
Passing by to wish a great week to the entire EURUSD only Family

To start the week I entered the sale 1.01700

Should be a simple Monday

Trend is down, but I think EU will move up to retest 1.080 in this month.
This week can break 1.038 after news about US CPI

Good morning! EURUSD corrected some of its Friday gains and is deciding what to do next, the volatility is low, but it can move 71 pips. In the calendar nothing significant to move it, so we should wait and see what the news could bring.

Still idle hours.. come back after European institutional and floor traders, bankers and market maker executives enjoyed their coffee and bagels..

Happy trading week to all..

Lets hope they get back!

Green pips!

Quick Daily S/R Levels for Monday-Tuesday

1. What I am seeing is the "breach" from Friday... The channel still holds bearish attacks, but for a couple of days we must check how well 1.0105/15 area acts as support...
2. If 1.0105 area breaks, price could continue lower until 1.0008 area... (I would laugh if this trend reverses for good, just 8 pips away from parity! )
3. If bulls kick in and cause a bounce up, we must watch if 1.0175 breaks or not...
4. Overall, we have a no news day, so stay alert for spikes and trade carefully!

I hope it helps

Not too far from 1.0113 - for the 71 pips daily range. Seven more pips from the low of 1.0120.

Edit: 1.0142 is the new decision point!

Let's go up this...lol

waiting bounce restart , 0191 will be signal . early bird signal 0135 take care

looks m15 ready for action.

Looks like we're going down to another level

1.00000