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EURUSD

  • #1,223,861
  • May 5, 2024 2:29pm May 5, 2024 2:29pm
EURUSD price action on the daily time frame assumed a bullish mode in the latter part of last week after some sideways. Presently, the technical impulse favours bulls, but any northward move will be corrective in nature. This would give way to a southward rotation, perhaps to the 1.05570 significant horizontal support area (green).

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #1,223,862
  • May 5, 2024 6:36pm May 5, 2024 6:36pm
Quoting KeenPips
EURUSD price action on the daily time frame assumed a bullish mode in the latter part of last week after some sideways. Presently, the technical impulse favours bulls, but any northward move will be corrective in nature. This would give way to a southward rotation, perhaps to the 1.05570 significant horizontal support area (green). I may be wrong. Trade safe and prosper. KP {image}
I got in short 1.0792 during NFP. I also believe if there is any upward move it will be corrected my take profit should be somewhere around 1.0695. I think it will pause somewhere 1.0738
  • #1,223,863
  • May 5, 2024 10:54pm May 5, 2024 10:54pm
Morning All,

Wishing everyone a good trading week!

This is my EURUSD 6-10 May 2024 W19 – Weekly Analysis

Always highly appreciate your feedback.
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  • #1,223,864
  • May 7, 2024 12:21am May 7, 2024 12:21am
Morning All,

This is my EURUSD 7 May 2024 W19 – Intraday Analysis – EU Retail Sales

Always highly appreciate your feedback.
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  • #1,223,865
  • May 7, 2024 2:06am May 7, 2024 2:06am
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Short with 2 pos. SL about to be hit at 69 and 70 as shown.........................

  • #1,223,866
  • May 7, 2024 2:54am May 7, 2024 2:54am
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FLAT now ...and considering to reverse to long......................

  • #1,223,867
  • May 7, 2024 4:52am May 7, 2024 4:52am
Today's Support & Resistance on MT5 Templates

EURO
CABLE
GOLD

https://www.forexfactory.com/thread/...7#post14858237
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,223,868
  • May 7, 2024 5:10am May 7, 2024 5:10am
London is back from a Day-Off
PA doesn't looks like it want to go down to take out that red 1H candle on Friday, which closed well above the Green candle, I'm guessing London is waiting for the MoFu's in New York to join in before going up towards 1.0823-33

I'm currently 7 pips under water, but targeting 1.0833

Good Luck guys
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,223,869
  • May 8, 2024 12:17am May 8, 2024 12:17am
Morning All,

This is my EURUSD 8 May 2024 W19 – Intraday Analysis

Finally we are barely out of Friday NFP range .. Hoping we will have some actions. Good luck everyone!
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  • #1,223,870
  • May 8, 2024 4:31am May 8, 2024 4:31am
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Longed here at 740 , as shown . SL 6 pips.

SUTHMO how are you ? Glad to see you around.

  • #1,223,871
  • May 8, 2024 7:08am May 8, 2024 7:08am
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SL on longs , now at BE......................

  • #1,223,872
  • May 9, 2024 12:18am May 9, 2024 12:18am
Morning All,

This is my EURUSD 9 May 2024 W19 – Intraday Analysis – US Initial Jobless Claims

Always highly appreciate your feedback.
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  • #1,223,873
  • May 9, 2024 10:53am May 9, 2024 10:53am
EU Short at 1.0770
You have to have an IQ higher than 90 to interact with this user.
  • #1,223,874
  • May 9, 2024 11:21am May 9, 2024 11:21am
Quoting Nordling
EU Short at 1.0770
I'm curious why did you short EU now?
  • #1,223,875
  • May 9, 2024 8:13pm May 9, 2024 8:13pm
Quoting Godspromise
{quote} I'm curious why did you short EU now?
We are at weekly highs on EUR/USD I wanted to short GU too but still waiting it to approach weekly highs, so only EU short for me now.

BOE Press Conference & US Unemployment Claims were definitely a treat for EURUSD. Price jumped with those events as i expected. However i see price action exhausted & getting choppy here at these levels. I was waiting for the price to go up with the news to go short again.

Why do i have short bias and selling the highs? It's from a fundamental point of view. I think rate bets are giving USD the upper hand against Euro and Pound. It's not something new though, it's been like that since the start of 2024
You have to have an IQ higher than 90 to interact with this user.
  • #1,223,876
  • May 9, 2024 8:21pm May 9, 2024 8:21pm
Quoting Nordling
{quote} We are at weekly highs on EUR/USD I wanted to short GU too but still waiting it to approach weekly highs, so only EU short for me now. BOE Press Conference & US Unemployment Claims were definitely a treat for EURUSD. Price jumped with those events as i expected. However i see price action exhausted & getting choppy here at these levels. I was waiting for the price to go up with the news to go short again. Why do i have short bias and selling the highs? It's from a fundamental point of view. I think rate bets are giving USD the upper hand...
At the worst case scenario, i am risking around 50 pips to get 150 pips
You have to have an IQ higher than 90 to interact with this user.
  • #1,223,877
  • May 9, 2024 8:31pm May 9, 2024 8:31pm
Quoting Nordling
{quote} At the worst case scenario, i am risking around 50 pips to get 150 pips
i see it the area you are speaking of
  • #1,223,878
  • May 9, 2024 8:38pm May 9, 2024 8:38pm
Quoting Godspromise
{quote} i see it the area you are speaking of
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You have to have an IQ higher than 90 to interact with this user.
  • #1,223,879
  • May 10, 2024 4:28am May 10, 2024 4:28am
Today's Support & Resistance on MT5 Templates

EURO
CABLE
GOLD

https://www.forexfactory.com/thread/...4#post14862394
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,223,880
  • May 12, 2024 8:44am May 12, 2024 8:44am
Hi All,

This is my EURUSD 13-17 May 2024 W20 – Weekly Analysis – EU & US CPI Week!

Always appreciate your feedback,
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