Price may go to back up to the red line before more down
- #186,961
- Jan 19, 2024 11:23am Jan 19, 2024 11:23am
- Joined Jul 2022 | Status: Trader | 1,412 Posts
Price may go to back up to the red line before more down
- #186,962
- Jan 19, 2024 12:20pm Jan 19, 2024 12:20pm
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
- #186,964
- Jan 19, 2024 1:09pm Jan 19, 2024 1:09pm
- Joined May 2014 | Status: Full Time Trader | 27,109 Posts
Quick Outlook for Monday
- It is getting tight... Still no consensus on where this truly goes.
- Are we going to break out up from 1.0905, or down from 1.0855???
- As always: time will tell my dear friends... Best is not to rush...
Wishing you all a happy and peaceful weekend folks... Hopefully, we meet again on Monday...
Stay blessed 
Focus only on what truly matters!
- #186,965
- Jan 19, 2024 3:38pm Jan 19, 2024 3:38pm
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
- #186,966
- Jan 20, 2024 2:18am Jan 20, 2024 2:18am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
EU closed bullish this Friday, but not for the week where it reached 1.0844 after the US brought good numbers and also geopolitics didn't supported the sentiment helping the safe heaven US Dollar, but it bounced from 200 daily ma and closed above significant support levels/s. Now it sitting below multiple resistance levels like, 1.0910/30/42/60 and 1.0986/98. Support comes at 1.0862/65 and at the low of the week, 1.0844 and lower near 1.0800.
Looking ahead, it's clear that the upcoming ECB meeting and the release of key US economic data will be major events to watch. These could certainly impact the near term direction of the EU, as investors assess the outlook for monetary policy and the overall health of the US economy.
Weekly volatility (range) 90 pips
Significant news - ECB Interest Rate, US Initial Jobless Claims, US GDP QoQ Advance, US Durable Goods, US New Home Sales, US PCE prices & US Consumer Spending.
4 hours
Looking ahead, it's clear that the upcoming ECB meeting and the release of key US economic data will be major events to watch. These could certainly impact the near term direction of the EU, as investors assess the outlook for monetary policy and the overall health of the US economy.
Weekly volatility (range) 90 pips
Significant news - ECB Interest Rate, US Initial Jobless Claims, US GDP QoQ Advance, US Durable Goods, US New Home Sales, US PCE prices & US Consumer Spending.
4 hours
Looking for profitable short term trades ...|
- #186,967
- Jan 20, 2024 8:02am Jan 20, 2024 8:02am
- Joined Jul 2011 | Status: Trader | 3,134 Posts
Holy Betting Grail strategy
- #186,968
- Jan 20, 2024 4:05pm Jan 20, 2024 4:05pm
- Joined Sep 2018 | Status: Trader Man | 2,123 Posts
Hello everyone, I hope you are well and enjoying your weekend.
For now I'm confident in the Bulls.
I have three main confluent channels, "equidistance",
What I expect:
The bulls manage to break through the resistance, but if they access the violet channel, my idea is that they are aiming to rise faster and with greater range...
I don't see a problem if it falls, anything is possible, but for now I hope that this fund that has been formed will be more support!
Lengths...
For now I'm confident in the Bulls.
I have three main confluent channels, "equidistance",
What I expect:
The bulls manage to break through the resistance, but if they access the violet channel, my idea is that they are aiming to rise faster and with greater range...
I don't see a problem if it falls, anything is possible, but for now I hope that this fund that has been formed will be more support!
"No pain no gain"
- #186,970
- Jan 21, 2024 12:04am Jan 21, 2024 12:04am
Hello everyone, I hope you are well and enjoying your weekend. For now I'm confident in the Bulls. I have three main confluent channels, "equidistance", What I expect: The bulls manage to break through the resistance, but if they access the violet channel, my idea is that they are aiming to rise faster and with greater range... I don't see a problem if it falls, anything is possible, but for now I hope that this fund that has been formed will be more support! {image} Lengths...
The last daily swing low ( Dec8) were slightly below 50EMA before it went rushing up again. Same scenario I am seeing it here now (I think).
- #186,971
- Jan 21, 2024 1:29am Jan 21, 2024 1:29am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Market Tap On Daily Fair Value Gap!{image}
2 Candle Rejection!
I think now the market will go to its this swing liquidity area 1.0999! Now let's see what happens.
We meet again in a few hours later.
Stay blessed!
Stop Procrastinating
- #186,972
- Jan 21, 2024 8:43am Jan 21, 2024 8:43am
- Joined Sep 2018 | Status: Trader Man | 2,123 Posts
{quote} I am seeing this idea also.
"No pain no gain"
- #186,975
- Jan 21, 2024 5:28pm Jan 21, 2024 5:28pm
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
- #186,976
- Jan 21, 2024 5:35pm Jan 21, 2024 5:35pm
- Joined Nov 2018 | Status: Trader | 4,643 Posts
I believe it continues down to 1.0660 area before any significant up movement. 
ex nihilo
- #186,977
- Jan 21, 2024 7:41pm Jan 21, 2024 7:41pm
- Joined Jul 2011 | Status: Trader | 3,134 Posts
Holy Betting Grail strategy
- #186,978
- Jan 21, 2024 8:29pm Jan 21, 2024 8:29pm
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
- #186,979
- Jan 21, 2024 8:34pm Jan 21, 2024 8:34pm
- Joined Jul 2011 | Status: Trader | 3,134 Posts
Holy Betting Grail strategy
- #186,980
- Jan 21, 2024 10:22pm Jan 21, 2024 10:22pm
- Joined Jul 2011 | Status: Trader | 3,134 Posts
Holy Betting Grail strategy