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EURUSD only

Dangerous order... I'll depend on the news soon. It's a gamble.

Edit* I have a return line from the bullish channel, Fibonacci 61.8% of the major downtrend, I have a support that has turned into resistance.
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If bulls can reach 1.0825 area, they will get a boost for new highs...

No rush though, for now I am watching pa around 1.0810/15 resistance...

*Edit: yup, just as I thought.. resistance is actively rejecting bulls' first attempt!
Be a seer, not a looker!
Quoting Ata-Turkoglu
If bulls can reach 1.0825 area, they will get a boost for new highs... No rush though, for now I am watching pa around 1.0810/15 resistance... *Edit: yup, just as I thought.. resistance is actively rejecting bulls' first attempt!
yeeesss yeeesss
Green news....yet it goes the other way, perfect example of why fundamentals are just something to keep an eye on but not always trade.
When you don't know where your going, any road will take you there.
Meanwhile, on H4...

Based on the pivotal angle, these are my levels until end the of week...

Narrow range between 1.0793 and 1.0812
Larger range between: 1.0765 and 1.0842
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Be a seer, not a looker!
Quoting Ata-Turkoglu
If bulls can reach 1.0825 area, they will get a boost for new highs... No rush though, for now I am watching pa around 1.0810/15 resistance... *Edit: yup, just as I thought.. resistance is actively rejecting bulls' first attempt!
Right, look at the parallel channel that started with the drop on 4th October, the upper line is at 1.0822+-
Once we pass through, we are effectively out of the tractor beam that confined us the last 3 weeks.

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Quoting zippo22
{quote} Right, look at the parallel channel that started with the drop on 4th October, the upper line is at 1.0822+- Once we pass through, we are effectively out of the tractor beam that confined us the last 3 weeks. {image}
Finger crossed
Let's break out of this tractor beam
Based on H1, I am marking 1.0798 as nearest support... as long as candles open above it, bulls have the upper hand!
Be a seer, not a looker!
Hi all,

lets see if the bulls can do it this time, or will get trapped again
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Ok, the game in reverse. US makes higher high than London. It looks like we get our U turn.
If we get out of the channel, then chances are that tomorrow the move goes to tomorrow to 1.0846. With that the EUR would print on weekly a pretty inviting pinbar.

Btw. 4h upper Boellinger Band is currently @ 1.0830... will we go there today???

(... calling Scotty to get us out of this tractor beam )
Quoting Ata-Turkoglu
If bulls can reach 1.0825 area, they will get a boost for new highs... No rush though, for now I am watching pa around 1.0810/15 resistance... *Edit: yup, just as I thought.. resistance is actively rejecting bulls' first attempt!
Remember my words...
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Be a seer, not a looker!
Nice, only took ALL day, I'm going out to play now.

https://preview.redd.it/a90d5rop82g6...d62998cffa7e6c
If we can close out the week as a doji and the following week closes above the previous doji candle then we are on a way to a reversal. A rejection candle this week would be nice too. But need to see 2-3 weeks of higher closes to see a confirmed reversal and new high. A lot can happen got NFP and election on tap so a lot of volatility and whiplash. A strong sign would be we can close above 1.094 on a weekly candle close basis.
I've got .0827 as the resistance of the day.
EUR/USD is expected to rise 15 pips as a way to recover as it has been plummeting for the last week or more. Expect it go up temporarily as displayed the strength of this pair, across such dashboard.
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Bear channel still intact for now
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Consistency is key
EURUSD finally rose as the Dollar Index weakened, and EURUSD prices rose drawing a bullish candle with a long body indicating a strong increase. But is this a reversal signal? Not necessarily, the American elections may hold uncertainty, while the Fed is expected to cut interest rates in November.
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I trade at FXOpen
I think we get
1.08093 first being the daily pivot point..
Make it Green
A "no red news" Friday... Probably mostly a boring day... Stay away or scalp carefully...

Happy trading day to all
Be a seer, not a looker!
Hard to see movement 40 pips in either direction.
Also we are at 200MA levels on the 1hr, don't like trading at the 200, only away or towards it, like a magnet.
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