EURUSD only

checking with usdx , likely continue down till 102.12 , and so others up ! take care

The upward structure of the EUR is very clear.
H1, going long is my operating idea.
However, the Fed rate resolution made me choose to wait.

What happens after THEY create all these TRAPS on one side???
And THE NEWS event like we have today, is the PERFECT reason to QUICKLY MOVE the market to get all these SL's.

watchting pa , next target 0804 + , while limit 0738 or 56 if hold ! take care
existing h1 close over 0771 be enough signal breakout early ! breaks and 0782 and hold confirmation need 0789!

I totally agree with you, if you notice, we have an expanding triangle on daily. Join the last three visible lows on daily around 1.053xx zone to get the picture.
We are looking at a drop to 1.05100 area.

A very good example of SUPPORT becomes RESISTANCE LIE!!!
FAILED every time.

Will we have a similar situation? Or the next level will be taken before the REVERSAL on today's news event?

That slow burn to the upside with no real opportunity to scalp a buy.

May not have much to see until Powell

0.25 rise expected, all depending on what he is going to say.

Thanks for input, I just wanted to know your opinion. For me I think we are at the top currently, new High but no new buys. Of course they wait now for FED but the drive was very tight up. To push the market as last two days you need news so they had it.... smart money unwind now their positions over the day (may be) and selling it to the dumb money which have a reason to buy before the dump comes later.

USD lost all over the board. It smells for me, especially because of FED this evening. I cannot remember such a weak dollar in front of a FED meeting raising the interest rates. Credit Suisse also is out of mind in Europe I have a feeling for last two days, so risk on in Europe?... not really.

New moments of "sell the spikes" opportunity is presenting itself for scalpers.. 1.0789 is key resistance on M30..

I can see 1.0805 resistance on 4H

I saw a line on the FJI feed from Reuters a little over an hour ago that went: "ECB allots $473.5 mln in dollar lending operation." in connection with the dollar liquidity announcement last week, I wonder if EURUSD has done a ramp and plateau each day this week around the time London opens (definitely not the same price movement as last week) because of these operations.

Does anyone here understand this or know of an article that explains the timing and mechanics of these operations - as they appear to (GREATLY) affect the EURUSD?

Wheres everyone that kept saying they was going to short the pair? Hows that working out for you? LMAO

bold man displaying emotional bias pre-fomc. I respect it... good luck

Meanwhile, on M30...

Bears are coming... Any spikes will fade out.. Hold on my dear M30 scalpers..

Expect bullish months ahead.