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EURUSD only

Quoting Traderview
{quote} Update: Before and After {image} {image} {image}
Update:
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Not a good start for the EU, lets see if, it recovers next, or goes down to 0.9820.

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Feels right this time!
I closed all short positions, awaiting another retracement.
0.9929 is the hope for bulls, bears would like to see it down to 0.9900 first for a test. Vol is 67 pips.
Feels right this time!
a UJ 139 tap will rock all, including EU
TIME is the most valuable commodity
Quoting Js3mwtRc
0.9929 is the hope for bulls, bears would like to see it down to 0.9900 first for a test. Vol is 67 pips.
0.9946 is the next hardle for EURUSD. 0.9953 was the Yearly low which broke, but bulls got a close above the last week and 1.0000 is the obvious level that should get a close above too this Month (Wednesday) so more upside will be welcome with a short squeeze maybe.
Feels right this time!
London is closed today for Summer Bank Holiday.

Therefore, I'll be taking a more relaxed approach today, not trading too aggressively.

On price action front, Asian session continued the downtrend on EURUSD this morning, broke below the 23% Fib channel, which is okay for me.
I'll wait until tomorrow, to see if any trend changes happen. Only then I'll draw out the longer time price direction.
For the time being, my plan is as usual, go long everytime EURUSD hits key support levels.
This morning, I strategically enter at trade at the 0.9935 level.

Take care. Cheers,
Cat
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In my picture we will test 0.98 next. If it does not hold on a daily basis we will go a few cents below 0.96, not clear yet how much but it could be as low as 0.93 before we see a furious rebound.
Another day, another dollar.
Quoting Js3mwtRc
{quote} 0.9946 is the next hardle for EURUSD. 0.9953 was the Yearly low which broke, but bulls got a close above the last week and 1.0000 is the obvious level that should get a close above too this Month (Wednesday) so more upside will be welcome with a short squeeze maybe.
0.9932 is support on 15 min chart that needs to hold if, bulls want to see a higher price. A break below and lower prices will be next with 0.9915 supporting still.
Feels right this time!
Go my wonderful bears! And bring me the pips!
Risk Management is of utmost importance!
Quoting irontrade58
{quote} While the downtrend confirmation in daily timeframe in my system formed yesterday, the momentum for price moving up still quite strong. I am wondering if in coming weeks, the price will only move in range of the parity +-40 pips ? Still downtrend in weekly and monthly timeframe.
Seems it backs to the range. It still needs more momentum to go down further I think.
I have sold at 0.99400. Target is 0.9700 let's see if we can get there today or tomorrow
Risk comes from not knowing what to do
Quoting Austyno
I have sold at 0.99400. Target is 0.9700 let's see if we can get there today or tomorrow
looking to add at about 9960.

still got shorts at 1.0058, 1.0002 and 9985.
Why not wait until open price and short there? That's my plan for today.
Quoting Starcraftmaz
Why not wait until open price and short there? That's my plan for today.
That's also a good plan, will add more there
Risk comes from not knowing what to do
Quoting Js3mwtRc
Not a good start for the EU, lets see if, it recovers next, or goes down to 0.9820. {image}
Near the red area around the high of the Asian session - 0.9974 should hold, or we may see 1.0000/20 again. Weekly pivot needs close attention!
Feels right this time!
9953, such a golden classic level
TIME is the most valuable commodity
Good morning, hope you're great. I think the bulls could be coming in from here, 1H and 5M;
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morning
Quoting Js3mwtRc
{quote} Near the red area around the high of the Asian session - 0.9974 should hold, or we may see 1.0000/20 again. Weekly pivot needs close attention!
Will 0.9952 hold, then higher prices are in the cards, a failure and next support is at 0.9921.
Feels right this time!
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