EURUSD only

Based on D1 and only for today, no need for a deep analysis... I will solely watch 1.0745/55 support area and look for bullish signs...

*Intraday wise, if bulls do kick in, I would expect a retest towards 1.080x area...

Happy trading day to all

Me too, nice to see you here. Have watched long your good charts. I have admit that I neither have the right platform nor the patience to put anything close together.

As for the EUR... I have warned at the beginning of last week (when almost everyone was bullish) that a medium trend change was coming - after that nice 3x rejection at around 1.11xx. And here it is and as you confirmed - the trend is full fledged bearish. Yesterday candle was finishing near the bottom again - no indication of bounce. Daily candles are continuously at or outside the Boellinger band and other signals are oversold but no bounce in sight - so technicals are clearly not in the driver seat.

Now the stars have aligned... ahh, I mean the underlying factors. Beside the debt ceiling klabauke yesterday the FED chimed in after the jobless claim data indicating another rate hike next month. The pivoting soon perception is faltering and the bond market is reacting accordingly. You are right... MM and smart money moving their targets further away -> down. For the next week I expect that price will settle where you pointed... around the middle of the prior "high price action zone" 1.0666-10530.

There the market might wait for a while... and if the FED raises the rate further and the debt ceiling settlement falls in the time window expect another move down near the parity area end of June/July (1.0300-1.0160).
Watch out if the month ends below 1.0573!!! That would produce an engulfing bar the monthly (taking both prior month) -> very bearish!! That would open the door for a 161% extension - 1.0157x


And resist and ignore all this chatty noise messages about EUR gets stronger... and EUR up to 1.2 at the end of the year and $$$ gets weaker...

Rather spend some attention about what in profi analysts communicating like this Nomura advice ->
Traders Are Missing "Two Major Unintended Consequences" Of A Debt Ceiling Deal ...Treasury will then need to rebuild the TGA via MEGA SIIIIIIZE T-Bill issuance thereafter...

Hence, FED rate hike and MEGA size T-Bill issuance will suck the market dry of $$$ in the weeks/month ahead.

So, please guys - keep your bulls at the moment in the barn for better times!

I expect retr. up to 1.08 area and down to 1.07 area.
1.075-1.076 is a support zone. Either it is crossed rapidly with momentum or slowly over hours.

Long or Short again ?

London ?

Tp ok

TP for safe

Happy to see it now at last, watching if break 0786, 94, to test 0804/09.
If 0809 success then can assume 0843 test too. Take care always still!

finally some proper bull action!

same here watching 0805-0810 next!

Testing for Trend ?

Good morning, hope you are well. The bulls are trying on 5M, but we're at the resistance level on 1H. Let us see if the bulls can go above the resistance level lol;

Either a down trend develops and reaches 1.07 or the up stops run extends maybe above 1.085



* New high and stops run it is.

Short 0782 for 10 - 12 pips

Long 0764, SL 12 pips

H1 is still yet to cross the 91 level. nearest is 90.2. Trying thou
H1 close below 1.0875, I'll close my trade and wait for 1.0720
Not shorting for sure at this stage

TP and SL +1

Today I will be selling pullbacks until we get to 1.0733-13.
First sell was 1.0892

Long 0787 till 0790. TP 0820 mostly, and 0840

Looks promising with a double bottom and a Harami candle at H1
H4 3 outside candle

Added 1.0804.

1.0792?