EURUSD only

For the strategy that Ata referred to (A) (B) (C) here is my view. The price has to stay below 1.02600 so I expect 1.00800 / 1.00750 entry to buy. Tp 1.03800 (100% Fibo retracement).

I'm not sure if my method is correct in determining the point harmonic pattern

I am not a teacher... Here we share info that's all...

If you want to learn harmonics, then learn it from the master: https://harmonictrader.com/

Best wishes

EU is deciding to drop from here, but I think it will kick those stops above 1.0279 and head to at least 1.0300, or 1.0325.

1.0257 is now support on 15 minutes and a break of 1.0226 opens the road to 1.0200/1.0178 and lower.

it might get to 1.035 if it stays above 1.028

I will stop holding a trade while going to bed

bull may not rest before confirmation at 0277 breaks , to 0281 target 0r up !! repeated bull attacks! anyway still short at any top !

Critical moment guys, are we taking out the resistance or not? Best time to sell, if you think that the resistance will hold.

There's a strong buyer at the highs... and a seller. Price is moving very slow.

Probably targeting 1.0350 if they are buying so heavily at the highs.

I agree, I entered the sale, if I break 1.02800 I will exit the sale Sl 1.02850.
In my opinion, completing 1.02800 would make it easier to get to 1.03800 today due to the start of the month.
If it closes below 1.02600 today, the forecast to reach 1.03800 will be on 8/12

Update
Old black high oblique still under surveillance.
The UDX decrease induces a EUROUSD increase.

Taking 8 pips.

This could pullback to 1.0250 though.

so failed with repeated attempts and correcting , but below 0255 / 0245 may again try for the last time perhaps ! last nearest support 0232 /26 /20/12 before 0170 .lets see , below 0255 first !

Took 10 pips.

Today or tomorrow 1.0275 should be broken. I go long to 1.0350.

The 10Y yeild is dropping, so bull will keep going up regard what's happening in Europe

Based On EUR/USD pair. The result is immediately calculated between forecast and actual numbers. Here are all the High-Impact news for USD in 2022 and how it affected EUR/USD pair after they were released. + Before pips means USD went up and - means USD fell vs Euro after that news. You'll figure it out, you're smart. This was all based on 1Hour candle. If news were in 16:00 I only counted the impact in that particular hour. What happened 2 hours later or before or even one hour I didn't count because we only want to know the immediate impact the news carry. Enjoy the read, this took me around 7 hours.

You decide which news are important and which not. In my opinion the most important seem to be CPI and Core CPI, followed by ofc Non-Farm Employment Change.


ISM Manufacturing PMI
-1.3% -38Pips
+0.2% +18Pips
+0.6% +25Pips
-1.8% +18Pips
-2.1% +1Pip
+1.7% +54Pips
-1.6% +38Pips

JOLTS Job Openings
-50K -38Pips
+58K +18Pips
+30K -16Pips
+27K +40Pips
+36K +21Pips
+11K +54Pips
+20K -24Pips

ADP Non-Farm Employment Change
+402K -21Pips
-116K +14Pips
+97K +29Pips
+/-0K +27Pips
-135K -24Pips
-167K -22Pips

ISM Services PMI
-5.0% +33Pips
+0.4% -33Pips
-4.7% +26Pips
-0.3% +38Pips
-1.4% -18Pips (Downgraded from Red to Orange News)
-0.6% +30Pips
+1.4% -24Pips

Average Hourly Earnings M/M
Non-Farm Employment Change
Unemployment Rate
+0.2% -25Pips
-227K -25Pips
-0.2% -25Pips

+0.2% +43Pips
+357K +43Pips
+0.1% +43Pips

-0.5% +53Pips
+271K +53Pips
-0.1% +53Pips

+/-0% +12Pips
-61K +12Pips
-0.1% +12Pips

-0.1% +18Pips
+38K +18Pips
+0.1% +18Pips

-0.1% +24Pips
+65K +24Pips
+0.1% +24Pips

+/-0% +36Pips
+112K +36Pips
+/-0% +36Pips

CPI M/M
Core CPI M/M
+0.1% -52Pips
+0.1% -52Pips

+0.2% +54Pips
+0.1% +54Pips

+/-0% +48Pips
+/-0% +48Pips

+/-0% -41Pips
-0.2% -41Pips

+0.1% +44Pips
+0.2% +44Pips

+0.3% +54Pips
+0.1% +54Pips

+0.2% +71Pips
+0.2% +71Pips

PPI M/M
-0.2% -14Pips
+0.5% -19Pips
-0.2% -20Pips
+0.3% +16Pips
+/-0% -38Pips
+/-0% -26Pips
+0.3% +8Pips

Core Retail Sales M/M
Retail Sales M/M
-2.1% +11Pips
-1.9% +11Pips

+2.3% +11Pips
+1.7% +11Pips

-0.7% +31Pips
-0.1% +31Pips

+0.1% +21Pips
-0.1% +21Pips

+0.2% -10Pips
-0.1% -10Pips

-0.2% +54Pips
-0.4% +54Pips

+0.3% -23Pips
+0.1% +23Pips

Advance GDP Q/Q
+1.6% +23Pips
-2.5% +21Pips
-1.3% -57Pips

Core PCE Price Index M/M
+/-0% -42Pips
+/-0% -16Pips
+/-0% +9Pips
+/-0% +37Pips
+/-0% -20Pips
-0.1% -22Pips
+0.1% +35Pips

Prelim GDP Q/Q
+/-0% +18Pips
-0.2% +16Pips

Prelim UoM Consumer Sentiment
-1.7 +37Pips
+6.6 +21Pips (Downgraded from Red to Orange News)
-5.0 -32Pips
-7.9 -10Pips
+2.1 -42Pips (Upgraded from Orange to Red News)

Treasury Currency Report
-23Pips

I agree 1.0285 are wont be passed but IF it will upward will continue. we might had the top already now at 1.02739 that is what i believe but we can have a puch up to the 0285 area tomorrow in worst case. anyway price will continue down for at least 240 pips. thats my take.

It would take a high impact news to break up that resistance

Quick H1 Outlook

I am sensing a drop coming soon, but with current low liquidity this may be a slow and silent move...

With the current picture in mind, 1.0248 area is my projected nearest support level for tomorrow's Frankfurt and London opening hours! Just know that price is inside an ascending channel = bulls have the upper hand for now!