EURUSD

bear got to the weekly target and more in the support and buy areas , limit up 0686 , , correct last leg up is 0675 . may further more also . watching . baer may not over yet ! take care

Although all 3 types of bonds that I look at are down today, IEF ten year is the weakest, LQD high grade corporate down but by less, and HYG high yeild down by even less. Risk on still looks good...so far

Have a nice week-end

Stay short below 677 for the rest of the day

Exactly, you really understand trend continuation pattern . What an opportunity to short the rally

You first

You can't read

This 1.06xx level is a good long into 1.20.

London close update. EURUSD closed at the top of yesterday's 30 min London close bar. Bonds were down IEF is the safest one...Not too much to read into. The Blue horizontal 06807 is my estimate of yesterday's futures VWAP at close. The Red one is my estimate of the London close 06960. Good Luck!

back to down trend , correction all completed until the last target correction


correction to strong .... but that is not important .... that is make maximum target for bears target

all countries in EU will be in risk , because ECB can't give loan more for stimulus (pause to support all central bank in EU countries for long term) ... as Lagarde said yesterday...... The ECB has made very large loans to meet the needs of all central banks in all EU countries to world economic institutions

.... so market must make Euro more weak to support improvement for decrease inflation rate more significant
but many institutions want to buy Euros.... the situation is reversed for the needs of the ECB.... it seems there are politics that want to destroy the ECB deeper

remember this SS when this condition true occurs .... so time for biggest investor trade sell eurusd for long term

TA also say that euro will be drop .....
Reality .... much buyer in eurusd .... is trade to fight retail dominan sell for them gain, not to support euros / ECB

You didn't learn much in those 18 years

Price didn't get past that point by more than 3 pips wonder why

Always tomorrow.

The technical impulse of the EURUSD price action on the daily time frame is bearish. However, on Friday, bulls resisted a bearish drive to break down the 1.06600 horizontal support area (blue). Although we cannot rule out further bullish push, the order flow context and technical impulse favour bears more than bulls. Therefore, any northward move would give way to a southward turnaround.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

if bulls want price up ...... then down trend should be complete .... bears target = 1.05781 / 1.05610 , technically .... due to price movement in wave , cycle price and trend..... but as always .... bulls will try manipulate price then price down like war movie .... So try not to die before the film's storyline wins ... because in the market, tier 2 , like your broker and hedge fund does'nt get gain before manipulate price

all EU countries in risk and pain because ECB pause support all central bank in EU area for stimulus loan for long term
Indirectly ECB wants Euro to weaken for the long term in order to reduce the increase in the rate of inflation back to the initial target of 2%, to be the top priority of ECB. The impact of an increase in inflation rate is still high, if not anticipated will cause a far worse impact for EU countries.

so be carefull bulls if ECB suddenly angry and adsorb all demand.............. ECB now want as demand not as supply .... ECB now need buy euro from seller .... because ECB can't printing money too much like FED .... bulls make wrong decision if bring price up to fair value .... this is situation is difference condition


we can see now price movement in "retail market" .... so active market participant = tier 2 .........

so far I confuse what bulls doing = i call with price manipulation ( retail buy = bulls sell , retail sell = bulls buy , bulls and bears is the same market participant), they took small profit from retail lose and big bank

all rumor that bulls make now .... i see that is only taking about ego ... nothing else , even ECB doesn't need that


bulls correction has reach target at last friday and 100000000000% no sign for reversal to up trend , even bulls can bring price up to 1.08000

if bulls still want price up then make pending order sell at 1.06900 with full lot as you can

oh dear ... very strong bearish signal now

EUR/USD (4H): the price is in a downtrend and has formed a lower low.
After the 61.8% Fib correction back to the 1.07 resistance, we may see the continuation of the downtrend.

poor movements but ok , checking pa

if we are asking now the bulls .... what is reason for bring price more than 1.0690 .... without have fundamental .... what is the bulls answer



so time for bears now .....

if no more rules then bears can do it like bulls do .... and make candle 100 pips in one candle tf m15


but now .... bears has found valid UTAD for down continuation