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EURUSD only

Today is a day of squeeze imho...

Bulls must break above 1.0031 (at least) but a break above 1.0040 would be better...

Bears must break below 0.9982 (at least) but a break below 0.9966 would be better...
Be a seer, not a looker!
Tuesday.

London is back today. I expect some decent volatility as the day goes on.
Market sentiment is currently squeezed between rate hike hawk and recession fear.
This morning, the odds for Fed's 75 bps hike clocked in at 68.5%. ECB's 75 bps odds at 67%.
My view is the EUR likely go up after certain concerns have alleviated.

Short term, price action likely trade between the 50-SMA and 200-SMA.
I expect a surge of EURUSD above 200-SMA later this week, or early next week, regardless how the NFP number turns out to be.

Cheers,
Cat
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The EMA200 and USD 1.0033 are ahead as hurdles. If these resistances can be cleared out of the way during the day, the upside target of USD 1.0072 will be unlocked. However, there should be no losses from now on, since losses to USD 0.9952 and USD 0.9900 – 0.9917 must be assumed if the price falls below parity and the EMA50.
carpe noctem
I do not see any trend. I expect a sideways market of 100 pips up and down of around Parity until the ECB meeting on Next Thursday. So it's better keep your trades very short and get out. EURUSD's ATR is +/- 65 pips.

PA is in a DOWNTREND - SIDEWAYS Market.
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Good morning, hope you're great. I think the bulls could show up, lol;
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Fake here fake there. In the end it will resume the down move without marking a new high.
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Another day, another dollar.
Meanwhile, on H4...

Another retest of 1.0031 area... can bulls break it this time?

The yellow highlights on chart show that an area slightly above the balance line (channel median line) often serves as a profitable selling spot... but for how many times? For that my suggestion is to keep an eye on median line: currently at 1.00185. If that level begins to act supportive, it is best to avoid selling.

*Please notice how banks raised risk (drawdown) on one of these selling spots (highlighted in red) to scare traders, but then went for the much deeper dip as a bigger reward. Meaning: if risk is big, reward is probably big too!
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Be a seer, not a looker!
Do you guys think Market will end the month above parity?
Quoting Traderview
Do you guys think Market will end the month above parity?
The answer to your question would be like guessing the result of tossing a coin.. It is really going nowhere with current picture.. Since range is narrow and close to parity, today or tomorrow we probably will be strolling around these levels and therefore anything can happen.. one pip higher we end up above parity.. one pip lower and we are below it... no need to stress it..

I don't care much about direction.. I wish to see a wider range in upcoming months.. That's what we really need..
Be a seer, not a looker!
I'll mark 1.0034* as resistance for today, hopefully the bears show up;
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tapping on last weeks low...
TIME is the most valuable commodity
Based on daily tf engulfing, possible 1.0096 possible today
Make it Green
Quoting Js3mwtRc
Ranging below 1.0030. We may see a drop to 0.9940. Above yesterdays top 1.0051/89 are posible resistance levels. Volatility is 75 pips. {image}
Not ready yet for lower prices. 1.0021 is the level to focus for more price action. Bulls that missed the rise from 0.9983 should be waiting for an entry there. Bears from the other want a break for at least 0.9983.
Feels right this time!
Quoting Ata-Turkoglu
{quote} The answer to your question would be like guessing the result of tossing a coin.. It is really going nowhere with current picture.. Since range is narrow and close to parity, today or tomorrow we probably will be strolling around these levels and therefore anything can happen.. one pip higher we end up above parity.. one pip lower and we are below it... no need to stress it.. I don't care much about direction.. I wish to see a wider range in upcoming months.. That's what we really need..
I know my man. It's exactly i mentioned it on my previous post with charts.

Just wanted throw some bone to chew....

Meanwhile i went long just above the parity now @BE and i really don't know where it'll go and where to close.
Bears are trying lol;
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Quoting irontrade58
{quote} Seems it backs to the range. It still needs more momentum to go down further I think.
It's also great if coming weeks or months the price moving around parity level, as long as market provides enough volatility
So far, doing alright on 5M, bears;
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Eur/usd Resistance @ 1.01096
I'm expecting Eur/usd re testing the highs. Resistance and pullback expected from 1.01096 < 1.0160.
In the move up from 09013, that wave is in sub 7 right now. The top is projected to stop around 1.0160.
Founder of Sutherland Wave Principle
Quoting Traderview
{quote} I know my man. It's exactly i mentioned it on my previous post with charts. Just wanted throw some bone to chew.... Meanwhile i went long just above the parity now @BE and i really don't know where it'll go and where to close.
Bulls are penetrating through 1.0031.. Wishing your long order the very best..
Be a seer, not a looker!
Now the bulls show up;
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