EURUSD only

maybe, but I smell bear blood first

Buy 1.0011 - 1.0014, SL 1.0001, TP Manually with Trailing stops

Since Dollar Index is stuck between 110 - 113

There could be some reversal.

Have to wait and identify some key areas now.

Heavy supply zone 1.0071 to 1.01

Best of luck to all

Looks to me that we are finally tanking a bit.

Closed All, starting Sell

index 4htf

Daily Pivot 0.9989
Daily 55 EMA 9984

so any H4 close below this levels will be sell

it seems rangebound from morning.

Only sell below 9990 - 9984 levels

Been selling the past 5 hrs., a bit scary, but so far so good with the simple reasoning that what goes up, needs to come down.

EURUSD is currently testing support at parity as European traders come online. It will be interesting to see what impact the mid-term elections in the US have on markets today, and whether this pair can hold yesterday breakout over the near-term, or if bearish pressure returns yet again above this major psych level.

All trading carries risk, and there is also US CPI data due on Thursday to look out for as it will likely play a key role in direction. But, either way, it could be worth keeping this pair on the watchlist as things develop today.

15 min chart, the price is ranging vol is 70 pips

Manual tp here. Took a bit longer than i expect.

still some room to go south but sidelined for now

Oh well closed too early

1.0008 is the decision point now (blue line) the price is heading to the daily pivot. 0.9967 should hold or else EU is dealing with the risk of falling towards 0.9925/04.

I agree with you mate!

SL set BE + 1

good morning


Below 1.003 retracement to the EMA50 on the hourly chart at 0.995. Then attack yesterday's high at 1.003. Above 1.005 the pair can rally to 1.011. Below 0.994, profit-taking should extend to 0.990.

same as before , waiting for next support plays , signal 9986 breaks hold to 9887 same breaks and hold or not ! target 1st 9825 arounds !

This week, we'll have two USD news data events: CPI and Michigan. I expect volatility to pick up come Thursday. Currently, market is speculating that Fed might slow down pace of rate hike, and Powell can still remain as hawkish as possible. I see another leg down on EURUSD, meaning a short-term retrace up a little on the DXY. That should give funds who're still long on the dollar a potential exit, before wrapping up 2022.

Now, price wise, if we zoom into H4, we see EURUSD did register an 8 cumulative bullish candles since Friday. The last 32 hours since NFP was very bullish. Time for minor retracement. Where to? Here're ranges of support: the 50-SMA at 0.992 or the 200-SMA at 0.982, now at 100 points apart. The possible range bound trading range is huge, ranging from my 323% Fib to 200% Fib levels, i.e. from 0.98 to 1.01, a good 300 points range for upcoming CPI move.

I was not trying to take profitable trades off. Rather, I'm looking at adding one or two trades at key support, when price dips. I use the 200-SMA as key. Price attempted three times (RR1-3) within last 4 months trying to break above it. On 4th attempt (RR4), it suceeded, and refused to stay below 200-SMA for too long, a week ago.

Have made a purchase here @ 9988. Sl under 9880

Meanwhile, on M30...

After my latest nearest support level: 1.0016 failed, M30 switched to bearish but nothing impressive here so far..

For now, I keep selling spikes towards nearest resistance: 1.0008... I hope momentum shows up at some point..

Happy trading day to all