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EURUSD only

Quoting andvk74
{quote} SO, it's NOT buyers and Sellers BS???
We buy and sell for a reason i think. Bank of International settlement could move the market for example as intermediate buyer, large institutions can move the market, algos etc. But you buy and sell for a reason. It's a result of your analysis and sentiment, not the cause, but I may be wrong mate Also you could say - here is a nice round number, and price will react to this because of buyers or sellers like that number, and you will be right, but then - what you define by word "moves"? I think moving the market is creating trends that last months. Off course there are some moments called black-swan events, like this CHF drop in 2015, everyone was talking about that at that moment, and you start to think twice before putting money on the table Anyways, hope Ata wont be mad for such détour in his forum discussion. Lets focus charts my friend
A interview from Italys Panetta says they “see time for ECB rate cutes” “fast approaching”.
Quoting andvk74
Hope that everyone is having a NICE weekend! Just a question: WHY do markets move? Let's take EURUSD as an example.
To find a fair market price where buyers and sellers agree.
When you don't know where your going, any road will take you there.
EU opened with a gap down, but recovered and managed to get above, reached almost 1.0800 at Asia, but consolidated its strong gains, because of inactive markets and the absence of any news. Its early yet and Monday is a day that should not offer much volatility. Support is at 1.0762 and resistance at 1.0810 for the begining and could extent at 1.0741 and 1.0830/40 next if anything happens.

Daily volatility (range) 40 pips

1 hour
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Have a great week ahead!
Looking for profitable short term trades ...|
Hello all of you, Hope you all are well!

Based on H1, I'm marking (1.0801) as nearest resistance!

If the market break it, So we will see that level (1.0830)

And if the market still goes down, we'll see that levels (1.0768) (1.0762)


Happy trading day for all & Best Wishes!

Quoting Js3mwtRc
EU opened with a gap down, but recovered and managed to get above, reached almost 1.0800 at Asia, but consolidated its strong gains, because of inactive markets and the absence of any news. Its early yet and Monday is a day that should not offer much volatility. Support is at 1.0762 and resistance at 1.0810 for the begining and could extent at 1.0741 and 1.0830/40 next if anything happens. Daily volatility (range) 40 pips 1 hour {image} Have a great week ahead!
I just saw your post, our analysis is almost same sir! Hehe
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Stop Procrastinating
As long as H1 candles open above ~1.0775 I believe bulls are safe... Currently waiting for London opening...

Wishing all a happy and successful week
Be a seer, not a looker!
Quoting ahmerjamil
Hello all of you, Hope you all are well! Based on H1, I'm marking (1.0801) as nearest resistance! If the market break it, So we will see that level (1.0830) And if the market still goes down, we'll see that levels (1.0768) (1.0762) Happy trading day for all & Best Wishes! {quote} I just saw your post, our analysis is almost same sir! Hehe {image}
Yes, I just noticed its a coincidence and if, you see more clear some classic levels like, support and resistance are having confluence with yours, this means that they are quiet strong!
Looking for profitable short term trades ...|
Expecting bulls to buy the market in anticipation of a weak cpi news. Fomo trading is expected today
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Zooming in 15 min.
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Looking for profitable short term trades ...|
short at current price 1.0795 tp open 1.078x
Looks like Markets are looking forward to tomorrow
Based on H1, I am marking ~1.0790 as nearest support... Go bulls go!
Be a seer, not a looker!
Quoting Js3mwtRc
Zooming in 15 min. {image}
Interesting, but as usual some volatility can extend the range, but should stay in tight - not much!
Looking for profitable short term trades ...|
Quoting ventureinves
short at current price 1.0795 tp open 1.078x
TP reached 15p for today!
Quoting ahmerjamil
Hello all of you, Hope you all are well! Based on H1, I'm marking (1.0801) as nearest resistance! If the market break it, So we will see that level (1.0830) And if the market still goes down, we'll see that levels (1.0768) (1.0762) Happy trading day for all & Best Wishes! {quote} I just saw your post, our analysis is almost same sir! Hehe {image}
See how agressive the bears are, that 1.0800 was cooking for days now! Your lowers levels are in the eye.
Looking for profitable short term trades ...|
Quoting ahmerjamil
Hello all of you, Hope you all are well! Based on H1, I'm marking (1.0801) as nearest resistance! If the market break it, So we will see that level (1.0830) And if the market still goes down, we'll see that levels (1.0768) (1.0762) Happy trading day for all & Best Wishes! {quote} I just saw your post, our analysis is almost same sir! Hehe {image}
(1.0773) (1.0766)
Stop Procrastinating
On the fundamentals side: even if ECB cuts after FED, will disinflationary pressures from lagging growth and demand weigh on eurousd? I’m trying to understand how much upside euro will see due to dollar weakness considering euro itself is under pressure.
#EURUSD / H4
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Quoting Js3mwtRc
{quote} See how agressive the bears are, that 1.0800 wad cooking for days now! Your lowers levels are in the eye.
Let's see sir!
Stop Procrastinating
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