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  • #4,901
  • Aug 7, 2024 10:49am Aug 7, 2024 10:49am
Quoting rehmatkhan00
{quote} yup if it’s broken again then it maybe difficult for bulls to protect its strong support which is at around 1.0804
Yeah, 1.0904 will be broken this time, In Sha Allah
Stop Procrastinating
  • #4,902
  • Aug 7, 2024 10:51am Aug 7, 2024 10:51am
Quoting ahmerjamil
{quote} Yeah, 1.0904 will be broken this time, In Sha Allah
In Sha Allah…… go bears go
  • #4,903
  • Aug 7, 2024 10:52am Aug 7, 2024 10:52am
Quoting rehmatkhan00
{quote} In Sha Allah…… go bears go
Yes hehe, Drop the price to hell...
Stop Procrastinating
  • #4,904
  • Aug 7, 2024 10:53am Aug 7, 2024 10:53am
0925 has me fed up, will we break it now!!!?
  • #4,905
  • Aug 7, 2024 10:54am Aug 7, 2024 10:54am
Quoting ahmerjamil
Be careful of 1.0924 It was the previous resistance, Now it can become support! {image}
Let's see, Hold or Break!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-07_08-53-14.png Size: 29 KB
Stop Procrastinating
  • #4,906
  • Aug 7, 2024 11:20am Aug 7, 2024 11:20am
Quoting ahmerjamil
{quote} Let's see, Hold or Break! {image}
It looks like it was a big fakeout on 15mint timeframe and MACD also seems to be turning negative
Attached Image (click to enlarge)
Click to Enlarge Name: 857BA2FD-8397-4C61-A1CF-DC0D95AB9168.jpeg Size: 713 KB
  • #4,907
  • Aug 7, 2024 12:01pm Aug 7, 2024 12:01pm
Quoting rehmatkhan00
{quote} It looks like it was a big fakeout on 15mint timeframe and MACD also seems to be turning negative {image}
Yeah Absolutely!
Stop Procrastinating
  • #4,908
  • Aug 7, 2024 12:17pm Aug 7, 2024 12:17pm
Right now we have the range support 1.0918, 16, 1.0910, 05, If they all break, So we will look at the next support levels 1.0893 And 1.0870, 60!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-07_10-16-06.png Size: 29 KB
Stop Procrastinating
  • #4,909
  • Aug 7, 2024 12:27pm Aug 7, 2024 12:27pm
Is the bull coming back to destroy everything!
Stop Procrastinating
  • #4,910
  • Aug 7, 2024 12:47pm Aug 7, 2024 12:47pm
Quoting ahmerjamil
{quote} 2 Rejections! {image}
This is happening again...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-07_10-45-32.png Size: 29 KB
Stop Procrastinating
  • #4,911
  • Aug 7, 2024 12:56pm Aug 7, 2024 12:56pm
Quoting ahmerjamil
Is the bull coming back to destroy everything!
No brother, the resistance seems to be too strong and it was broken once but it was a fakeout. I think due to negative NFP report, EU was too much overbought that’s why it is not able climb up further.
Attached Image (click to enlarge)
Click to Enlarge Name: 40BF1481-B974-4800-B71F-683CA13E800D.jpeg Size: 736 KB
  • #4,912
  • Aug 7, 2024 12:58pm Aug 7, 2024 12:58pm
Quoting rehmatkhan00
{quote} No brother, the resistance seems to be too strong and it was broken once but it was a fakeout. I think due to negative NFP report, EU was too much overbought that’s why it is not able climb up further. {image}
Agreed with youh, My brother!
Stop Procrastinating
  • #4,913
  • Aug 7, 2024 1:09pm Aug 7, 2024 1:09pm
And now is EU ranging time, Let's see what will happen in Asia!
Stop Procrastinating
  • #4,914
  • Aug 7, 2024 2:00pm Aug 7, 2024 2:00pm
Quoting ahmerjamil
And now is EU ranging time, Let's see what will happen in Asia!
Okay, Good night trader’s, See you tomorrow In Sha Allah
Stop Procrastinating
  • #4,915
  • Edited Aug 8, 2024 4:09am Aug 7, 2024 10:42pm | Edited Aug 8, 2024 4:09am
EUR/USD consolidated inside the 1.0936 - 1.0904 range now looking to break the upper edge and reach at 1.0948/54 or 63. From the other if it fails from around here. Support levels that could give a stronger bounce are located at the 1.0904/08 zone and lower at 1.0893 significant level that if fail will open the way lower to 10870.

Daily volatility (range) 51 47 pips

Option expiries for Thursday: 1.0840 (EU2.73b) & 1.1050 (EU2.35b) Source: financialjuice.com

Significant news - US Initial Jobless Claims

1 hour
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-08_06-35-55.png Size: 68 KB
Green pips!
Looking for profitable short term trades ...|
  • #4,916
  • Aug 8, 2024 1:15am Aug 8, 2024 1:15am
Quoting ahmerjamil
Right now we have the range support 1.0918, 16, 1.0910, 05, If they all break, So we will look at the next support levels 1.0893 And 1.0870, 60! {image}
As you were told These supports are still in holds...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-07_08-26-23 (2).png Size: 11 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-07_23-14-09.png Size: 41 KB
Stop Procrastinating
  • #4,917
  • Aug 8, 2024 1:23am Aug 8, 2024 1:23am
Current M15 Trendlines!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-08-07_23-22-17.png Size: 50 KB
Stop Procrastinating
  • #4,918
  • Aug 8, 2024 1:32am Aug 8, 2024 1:32am
If the Bulls want to take us, So nearest support at 1.0931, 28!
Stop Procrastinating
  • #4,919
  • Aug 8, 2024 1:52am Aug 8, 2024 1:52am
Quoting ahmerjamil
If the Bulls want to take us, So nearest support at 1.0931, 28!
THanks ahmer for all your information. hope you have a great day
  • #4,920
  • Aug 8, 2024 1:53am Aug 8, 2024 1:53am
Salam to all and good morning EU at last broke the string resistance(at around 1.0934)and now heading toward your another possible resistance area which lies around at 1,0956-63.
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