Attachments: EURUSD only

EURUSD only

#173,401
Jun 2, 2023 8:02am Jun 2, 2023 8:02am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,300 Posts

Based on H1, I am marking 1.0741/50 area as nearest resistance...

Focus only on what truly matters!

#173,402
Jun 2, 2023 8:07am Jun 2, 2023 8:07am

pedro319
| Commercial User | Joined Jul 2013 | 7,910 Posts

Quoting Ata-Turkoglu

Disliked

Based on H1, I am marking 1.0741/50 area as nearest resistance...

Ignored

If we start moving back up target will be 1.0810.

We watch the charts from every angle so you don't have to!!

#173,403
Jun 2, 2023 8:24am Jun 2, 2023 8:24am

fx6996
Joined Feb 2023 | Status: Trader | 859 Posts

Quoting pedro319

Disliked

{quote} If we start moving back up target will be 1.0810.

Ignored

With the numbers from the NFP today I "doubt" DXY is going down much more.

Odds of rate hike in June were <1%; NOW it's up to 40% and July odds jumped to 60%. Of course it's only 0.25% but ...

#173,404
Jun 2, 2023 8:28am Jun 2, 2023 8:28am

pedro319
| Commercial User | Joined Jul 2013 | 7,910 Posts

Quoting fx6996

Disliked

{quote} With the numbers from the NFP today I "doubt" DXY is going down much more. Odds of rate hike in June were <1%; NOW it's up to 40% and July odds jumped to 60%. Of course it's only 0.25% but ...

Ignored

It is also getting a bit late for that kind of move.

We watch the charts from every angle so you don't have to!!

#173,405
Edited 9:03am Jun 2, 2023 8:47am | Edited 9:03am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts

Quoting pedro319

Disliked

{quote} If we start moving back up target will be 1.0810.

Ignored

ok,but first check at 0697,target goes to 0702,a pull back area !

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#173,406
Jun 2, 2023 9:12am Jun 2, 2023 9:12am

Dogedude
| Joined Jan 2022 | Status: Trader | 1 Post

I think dollar will test this resistance with eurusd around 1.0720 -> next week up again to 1.09280

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#173,407
Jun 2, 2023 9:14am Jun 2, 2023 9:14am

arthurbolbos
Joined Mar 2023 | Status: Trader | 436 Posts

For the bullish pattern to go further, the 1D candle should close above @ 07280 or better @ 07360;
if not the lows will make some bears proud again.
Have a peaceful weekend.
God bless you!

Keep trading and learning or keep learning and trading!

#173,408
Jun 2, 2023 9:21am Jun 2, 2023 9:21am

chrissfx
| Joined Dec 2011 | Status: Trader | 525 Posts

Good evening,
price came down. I have closed my short now.

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Update: first (early) signs with the spread building a bottom. Waiting for monday for further development. But now the most important....

Happy weekend for all

Cya monday
Chriss

#173,409
Jun 2, 2023 9:26am Jun 2, 2023 9:26am

pedro319
| Commercial User | Joined Jul 2013 | 7,910 Posts

Quoting pedro319

Disliked

{quote} Normal 61.8 fib pullback will brings us back to 1.07, passing there will mean 1.0634 and 1.0590. Same as Bfly buy from 1.0636 from 2 days ago.

Ignored

Nearly there!

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We watch the charts from every angle so you don't have to!!

#173,410
Jun 2, 2023 9:32am Jun 2, 2023 9:32am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,300 Posts

Quoting pedro319

Disliked

{quote} If we start moving back up target will be 1.0810.

Ignored

Maybe... But for now I focus on H1 intraday trend...

I have 1.0735/45 area as nearest resistance... Go bears go lol..

Focus only on what truly matters!

#173,411
Jun 2, 2023 9:34am Jun 2, 2023 9:34am

pedro319
| Commercial User | Joined Jul 2013 | 7,910 Posts

Quoting Ata-Turkoglu

Disliked

{quote} Maybe... But for now I focus on H1 intraday trend... I have 1.0735/45 area as nearest resistance... Go bears go lol..

Ignored

Fair enough!

We watch the charts from every angle so you don't have to!!

#173,412
Jun 2, 2023 10:05am Jun 2, 2023 10:05am

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,377 Posts

Quoting pedro319

Disliked

{quote} Nearly there! {image}

Ignored

I love this chart. First inverted HS pattern produced a bounce (plus the falling wedge I shared earlier) now I see the formation of the second inverted HS with the right shoulder around 1.0680 from where we should head straight to 1.0800 and above.

A break down of 1.0630 invalidates everything. I don't have a single trade on.

#173,413
Jun 2, 2023 10:07am Jun 2, 2023 10:07am

Traderview
Joined Sep 2017 | Status: Trader | 4,498 Posts

Quoting Traderview

Disliked

{quote} I've joined the bears @ 1.0766. Hopefully many of you as well. Let's see where it hits. 1.0680 is tp

Ignored

Closing it here @ 1.0710.

That's it for the weekend.

See you guys on Monday.

Have a nice weekend.

Trade less, you'll get more success.

#173,414
Jun 2, 2023 10:14am Jun 2, 2023 10:14am

pedro319
| Commercial User | Joined Jul 2013 | 7,910 Posts

Quoting Mitiblotch

Disliked

{quote} I love this chart. First inverted HS pattern produced a bounce (plus the falling wedge I shared earlier) now I see the formation of the second inverted HS with the right shoulder around 1.0680 from where we should head straight to 1.0800 and above. A break down of 1.0630 invalidates everything. I don't have a single trade on.

Ignored

Usually after Bfly you see H&S!

We watch the charts from every angle so you don't have to!!

#173,415
Jun 2, 2023 10:31am Jun 2, 2023 10:31am

johncen
Joined Apr 2011 | Status: Liverpool's KOP | 8,041 Posts

Quoting pedro319

Disliked

Touched 50% H1 as well, atm I can't see price breaking all these levels. 1.07 last resort for bulls in my view.

Ignored

sharing the same view here. 50% done. Let see if bull holds. We will have to see what happened next week now too late for anything to happen today

Patience, Emotion Control and Discipline.

#173,416
Jun 2, 2023 10:39am Jun 2, 2023 10:39am

pedro319
| Commercial User | Joined Jul 2013 | 7,910 Posts

Quoting johncen

Disliked

{quote} sharing the same view here. 50% done. Let see if bull holds. We will have to see what happened next week now too late for anything to happen today

Ignored

Risking 25 pips, the reward is x5.

We watch the charts from every angle so you don't have to!!