EURUSD only

On the beach so no chart today. Taking some profit here before London close. I have small positions looking for 1.1100 area as final t/p but will add back on dips below 1.1000 in future. I will stay on the buy side until just before rate cuts by Fed in September. Buy the rumor, sell the news.

A side note - retail is getting extremely short. Movers could blow the top off 1.1100 in short squeeze so let your orders run and trail stops for maximum profits. Fat lady still not singing yet;-)

Buy the dips

Short EURUSD @ 1.1100

Based on H1, a retest of 1.1008 area will decide if bulls are done or not... Until then it is wiser to keep buying dips!

I may be too optimistic but on weekly I see 1.1603

https://www.forexfactory.com/thread/...7#post14963777
For you Euro fans, a fresh one is coming up.
Cool indicator.EURUSD only.Made in Ukraine.

That’s not to optimistic believe me.I closed some positions that where under water for some time but I bought more and added longs for my first target at 1.1250.

Stay green

Prices may have been too high, on H4 the RSI tried to get out of the overbought zone, but today there is US economic news on retail sales and unemployment claims. Further decline could reach the middle band line.

Meanwhile, on H1...

Bulls are protecting 1.1010 area... Therefore, still "buying dips" it is...

Happy trading day to all

Quick DAILY Outlook

Based on H1, I am inclined to buy dips BUT: based on D1, I am also prepared to sell 1.1037 area as soon as I sense bull weakness...

Keep that level in mind!

Hello everyone,
Based on H1; We will see if the 1.1009 level will work as a support. Also; I think the price will rise to 1.1139. For now, we should not close 1-hour candles below 1.1002! Otherwise the bears may come into play and the bullish scenario may be disrupted.

Good morning, I hope you are well. The bears might be trying now on 5M. 5M, and 1H charts;

Quick Monthly Outlook

On a long-term aspect, just note that the big trend is slowly shifting to bullish! Especially while above 1.0810-ish....

*1.1060 area is current August and September resistance!

1.1008 resistance turned into support, as you can see, the structure is growing H4 chart. Green trend line shows us that the price is moving in an upward trend, however, only when it is exceeded by the price can negate the increases.

Support levels: 1.0990 1.0950
Resistance levels: 1.1045 1.1085

Boring day and therefore had to step down to M15:

1. Let's see what red data will bring...
2. I will watch red triangle area (up until 1.1026) to see if bulls are willing to violate it or not...
3. Overall, I think today could turn into a mixed afternoon. So I still buy dips as long as 1.1010 supports, but I also chase spikes to sell...

Good luck

Incredible move, expected the 1.098 figure but no lower.

So interesting that seconds before the move down, price was collecting orders at 1.10127 and it was so strange like price was going 1 tick up 1 down to that blue down breaker for 10 seconds. Then price flew away and it got me thinking I love trading.

I flipped an upside down trade into a nice profit...whew. I knew the drop was coming but I got in a tad bit early.

Looking at the 4Hr chart, we are starting to get a widening gap. I'm thinking we are due to drop to 1.0870ish by late next week.

H1 After Data

1. There was no bullish breakout before data which saved me from opening any fresh longs and now trend has shifted back to bearish.
2. I am marking 1.1007 area as main resistance.
3. From here on forwards, I intend to sell spikes and pullbacks until basic breakout logic fails. Go bears go!

Quick DAILY Outlook

Focusing solely on the trendline: I could suggest to watch 1.0960/66 area carefully! We could have a bounce or break.

A break could take us to 1.090x levels, a bounce to 1.102x levels...

*Bulls have the upper hand while above it!!!