New Cable Thread & Other Pairs

it's not going to plummet much today just small pullbacks.
its super bullish but maybe tomorrow during CPI GU will definitely crash

The dollar and bond yields declined following the latest US inflation data, which sparked speculation that the Federal Reserve would be in a position to deliver its highly-anticipated interest rate cut in September. The EUR/USD pair was able to appreciate, touching -1 pips away from the 1.0963 resistance level before falling and consolidating once again.

Currently, there is potential for the pair to rise above the resistance level, targeting the 1.0981/88 zone. Support levels at 1.0931/35 or 1.0940/45 could assist this rise. However, if the EUR/USD drops below these levels and is impacted by negative news, the pair could retrace back to 1.0913 or even lower.

Traders should closely monitor key levels, market sentiment, and upcoming news events that could impact the EUR/USD and adjust their trading strategies accordingly.

See you again tomorrow

EU
D1 targets
1.1082
1.1211

EU
W1
Potential targets
1.15 and 1.18
Personally I see 1.15 but 1.18 not so much.
Be careful with the shorting.

GU
Reminder
W1 triangle breakout target stands at 1.38 according to classic patterns technical analysis.

Checking pa , may correct to 2820 while limit down 2794. Take care
Most important signal / limit down now is 2838 as price pay jump to new high over this level .

EUR/USD advanced to 1.1000 after US PPI inflation numbers showed softer numbers for the previous month. That after it printed a low of 1.0914 yesterday on soft sentiment results of the German ZEW survey. For now the pair is bullish and can reach 1.1038 or higher to 1.1100 but we may first see a correction below the 1.0981 support level and if news today come in US softer too then we should see it again trading higher above 1.1000. More support that could work on the downside is located 1.0963/60 - 48 - 41/43. Also in a drop 1.0914 must hold or else lower levels will come - see chart.

Daily volatility (range) 39 pips

Option expiries for Wednesday: 1.1035 (EU1.57b), 1.0805 (EU815.6m), 1.0800 (EU753.1m) Source: financialjuice.com

1 hour

Early limit 2838 broken , and apparent last limit 2813 testing , there are another last 2794 there though. Watching , take care

Looking for bottom test , target limit 2813 breaks down may for even 2780 , though next limit will be 2794. take care

Gold M30.

structure looks like a long break out likely.

Gold
I have 2508.87 and 2519.41
I would not be surprised if only the first gets hit
...but with volatility a lot can happen.

I have the same trend line. Maybe we will have a test back. What is your target for this breakout? The distance of the channel?

Euro, Buy at Higher High

Gold, TP before 2562

No target relative to the channel. I'm hoping for Pedro's 2508.87, but it depends where we are at when the news comes. If we are close to there then I may close before or otherwise ride the spike from the news. expecting to sell at the top , wherever that may be.

Target?

Looking for previous test around 2820 for decision next !