Only EURUSD

I think bears will come again from 1.1206, 1.1228!

If the bulls are over then I expect a visit at the lows one more time. Bears will never quit! 1.1140/25...

It was a busy week - that started with a drop to 1.1083, with plenty of price action, but no significant move beyond 1.1214. The pair climbed before dropping to 1.1122, where strong support held for the rest of the week. There were several attempts to push above the middle of the range toward 1.1200. For now, I expect the range-bound price action to continue until a breakout occurs beyond the 1.1100 - 1.1214 zone.

Wishing everyone a relaxing and refreshing weekend! Take some time to recharge and enjoy the break. See you next week for more trading insights and strategies. Stay safe and enjoy the weekend!

EURO metaphysical price pattern at 7:36 am (small yellow arrow) indicated spike and then a failure......then it happened

Over the past week, EUR/USD has been trading in a range with support at 1.1068 and resistance near 1.1200. The pair has been trying to break through the resistance level but has struggled to gain momentum. This lack of momentum indicates that the bulls might be losing steam, and a reversal could be on the horizon.

The overall trend remains bullish, but the strength of the uptrend has weakened as it approaches key resistance levels. The major resistance zone at 1.1200/1.1214 has been a significant hurdle for EUR/USD, with the pair failing to break through this level multiple times in recent sessions.

In case of a downside move, the key support level to watch is 1.1121. Momentum has slowed in recent days, with the price consolidating below 1.1214 and forming a potential double top pattern, signaling a possible shift in market sentiment.

A breakout above the 1.1214 resistance could lead to sharp movements towards 1.1220, 1.1231, and 1.1275. However, the likelihood of a breakdown appears higher than a breakout due to the exhaustion of the bulls and the presence of strong resistance overhead.

In conclusion, EUR/USD has experienced a week of consolidation as it struggles to overcome key resistance levels. With the bulls seemingly running out of steam, the market could be poised for a corrective wave in the near future. Traders should closely monitor the key support and resistance levels for any potential breakouts or reversals.

Weekly volatility (range) 111 pips

Option expiries for Monday: 1.1200 (EU958.9m) & 1.1300 (EU738.1m) Source: financialjuice.com

Significant news - US JOLTS Job Openings, US Initial Jobless Claims, US Factory Orders & US Nonfarm Payrolls

4 hours

Have a great rest of the weekend!

The EURUSD made support last week at the low point on Tuesday, where you can see a orderblock, which is apparently quite strong. Resulting in a lateralization between the level 1.12000 and the level 1.11221 / 1.11265. (Command block space).

Which could be a long entry opportunity up to 1.12000 as long as it continues to be respected.

A strong break at this level could see us test 1.10833 (Last Monday's lowest point). If the test is passed, we could witness a second one up to our initial command block. (1.10387 - 1.10288).



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See where the market is moving and follow it.

Hello guys, Good morning, Hope you all are well!

Based on H4, We have Trendline support at (1.1149), Plus 44EMA, But if it fails, Then we have next Trendline support at (1.1135) (1.1120), & If we talk about resistance, Resistance trendlines are sitting around (1.1200) (1.1212) & (1.1228)

Good luck!

If you have a better trade please share

My logic
Sasura upar hi nahin ja Raha

EUR/USD is currently consolidating within the 1.1146 - 1.1173 range, preparing for increased market volatility. A breakout to the upside could push the pair towards 1.1200, or 1.1214 with stronger momentum. On the downside, a break below the range support may lead to 1.1121 or 1.1103, depending on the strength of the price action. Wishing you a productive week ahead!

Daily volatility (range) 51 pips

Option expiries for Monday: 1.1200 (EU958.9m) & 1.1300 (EU738.1m) Source: financialjuice.com

Significant news - German Prelim CPI & Fed Chair Powell Speaks.

30 min.

What is your TP?
I'm guessing my TP (green line) might get hit within 3 weeks. What do you think?

select your target

Dua is being fulfilled (Puri ho rahi hai dua)

EURUSD H1
trendlines

we will probably stay between the blue line (bottm) and the green line (top) until publication: German Prelim CPI m/m...

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fulfilled ?

Not sure what the German cpi will bring but forecasts are negative! So we might see it testing 1.1100 this time! Have a great week!

Still Waiting for bear to show up

Lets see what the consensus knows before us in 10 min!

Good morning traders, hope all are well today and ready for a week of green pips ...