EURUSD only

Early next week should be easy for bears if 1.0760-70 zone stays in tact. It should yield nothing less than 1.0690, then 1.0675. Then from here a buy can kick in backed by many supports below for a check of 1.0830 area.

thanks Ata for your input, it's 75% accurate for most of the time. i start following you.

Guys, passing by to alert you about a possible region where the price may be at the moment, (SOS) that's why I decided not to sell today... see the image below, I always posted this channel in previous images of the H4 chart...
I could be wrong, but this is my plan for next week.

Before closing the market I left two purchase limits and they were accepted... I intend to buy more if the price reacts in favor...

HI,
we broke from green descending channel, retested it which indicates more up move,
however price is in range of bear flag,
i think after such big bear move we will see bigger correction to 1.086 - 1.094 region

EU finished bullish this week managing a close above 1.0695 after good sentiment that the fed is going to stop raising rates when NFP came well below forecasts. Watching Powell - is speaking again this week, he may share his view on any details about the interest rates future in the US. Support comes at 1.0695/67/35 and resistance at 1.0768 100, 200 daily ma's and 1.0820/33.

Weekly volatility (range) - 98 pips

Significant news - US Trade Balance, US Initial Jobless Claims & University Michigan Sentiment Prelim.

Daily chart



Have a great rest of the weekend!

I am actually 42.7% accurate based on my own statistics but thanks for your kind compliment..

Best wishes

Quick DAILY Outlook

So far, we had a lovely AB=CD completion around 1.0455 area and afterwards, the classic rise for TP1 has brought us where we are now: 1.0741/77 area...

While bulls are pushing for new highs, I still I expect a pullback towards 1.0650 levels soon... After that, market often goes for TP2, but that is not a must. Therefore, later, we better watch how supportive the previously resisting areas behave. I am leaving that part for later, but again: For now we have to watch when and how bulls will complete their current TP1 attack. It is best to go step by step!

That's it for now folks.. Keep enjoying your weekends..

EURUSD has to fight 200EMA on the daily and 50EMA on the weekly. This will be a interesting week. I took loss on Friday. Hoping to recover this week.

______________ ATM =

"Uranus will reach opposition, so watch out! " = so watch out for WHAT , not Every1 is soooo $harp as you tabarnak

_____________ Xplain More = should we buy etc2 - - - ATM you still hav 10 Short trades open !

- - - remember this silleee post of yours =

Danger zone.

Nearing 200 ema. I'm going to be patient on Monday.

Good evening, hope you're well. For tomorrow, I have 1.0746 as resistance, and 1.0694 as support, 1H chart;

For the price to continue in the upward trend, the main resistance is the last top, on my chart it is (1.07468). An H4 candle needs to close at least above 1.07395. If the bulls do not win this stage, then we can think about a possible bearish flag, forming on larger charts.
Good week to everyone.

I realize this message from you was before the remaining PA of the day on Friday however, clarify something for me if you don't mind: Your looking for a pullback around the 1.06500 level before moving on. Are you noticing this level because its in the middle of the channel you have? I don't see this level as a Fib Ret level on the H4 chart either. Thank you for your time and consideration.

This chart is M5.
Price broke the resistance of the H4 dotted red line channel, observe how the price is working in this region... It seems that the bulls are willing to continue. (I hope so).

EU is bullish waiting for a break higher, support is at 1.0700/1.0690 zone, a break above 1.0746 Fridays high could reach 1.0767/80.

Daily volatility (range) - 45 pips

1 hour


Have a great week!

Today's Movement according to applying aspects of this week.

Paying attention to the 4-hour chart we can notice that:

1. almost all of last Friday, the EUR/USD currency pair was dominated by bullish sentiment, as a result of which our targets (1.06675 and 1.0728)
2. were worked out, only at the level of 1.0736 there was a noticeable resistance for the euro (EUR)

Now let's look at the indicators:
The currency pair has moved significantly away from the moving averages with periods 34, 55, 89 and 144, which are pointing upwards and indicating a continued bullish sentiment, and are near the support levels of 1.06145, 1.0601, 1.0591 and 1.05745.
The MACD histogram is still in the positive zone and well above its signal line, continues to rise intensively and thus gives a buy signal for the Euro (EUR).
The stochastic oscillator is in the overbought area and is forming an opposite signal as the %K line has started to fall below the %D line.

Due to the contradiction in the signals given by the indicators, as well as the slowdown in the growth of quotes, as a confirmation that the forex market in the EUR/USD currency pair may become more bullish, it is necessary to wait for the breakdown of the resistance level of 1.0736, which can open the way to the levels of 1.07935 and 1.08425.

Otherwise, the bears may retake the initiative and their targets will be 1.06675 and 1.0620.

Resistance levels: 1.0736, 1.0746, 1.07535, 1.07935, 1.0805, 1.08425.

Current price: 1.0735
Support levels: 1.07215, 1.06935, 1.06785, 1.06675, 1.0647, 1.0620, 1.06145

Good morning, hope you're great. We are* very close to the resistance today, hopefully the bears will show up later, 1H and 5M charts;