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EURUSD only

These stops here seems too delicious to ignore,


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There is a gap on 4hr for DXY around the 103 area which corresponds to around 1.092 in EURUSD which might give us a lower high and a supply zone of the current move. Lets see. May happen in the next couple of days. Or may not.
Quoting vinesh1
There is a gap on 4hr for DXY around the 103 area which corresponds to around 1.092 in EURUSD which might give us a lower high and a supply zone of the current move. Lets see. May happen in the next couple of days. Or may not.
someone correct me if i'm wrong, that gap on the DXY doesn't have the meaning you think it has, because of the way it's calculated
https://www.investopedia.com/terms/u/usdx.asp
not sure how that gap come to be, i have i too on my broker
Quoting vinesh1
There is a gap on 4hr for DXY around the 103 area which corresponds to around 1.092 in EURUSD which might give us a lower high and a supply zone of the current move. Lets see. May happen in the next couple of days. Or may not.
Yeah brother
Price always move up or down
No other direction for it to move I guess
USD strengthening due to Trump's victory has brought EURUSD plunge dip to a low of 1.08825 hit my stop loss. The Bollinger band is expanding indicating high volatility, but the RSI is almost close to the oversold zone level, but further strengthening of the USD is still possible even though the Fed is expected to cut interest rates at today's meeting.
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I trade at FXOpen
hi all i had a doubt.i had one pending order still july.the sell order which placed on 1.06750.it will clear or shall i cut it off with loss.
Quoting andvk74
WHY NOT??? {image} {image}
Nov 6th was 254 pips. Pretty cool!
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Meanwhile, on M30...

The first failure for my rinse & repeat simple selling at ~1.0743... I will switch to buying dips now... No rush!

First, I want to observe how ~1.0770 weekly resistance area reacts. Let's see...
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Be a seer, not a looker!
Hello everyone, I would like to join the debate with you. And so I'm posting my first post with an idea. Personally, I expect that the Bount Options zone at 1.07750 will be selected today and then test the SUPPORT - RESISTANCE zone at 1.07770 while breaking the high from the Asian session. After testing the S/R back to the weekend area of 1.07253.
Good luck !
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Still a little uncertainty in the pa, but I am going long here... 1.0750 area looks good... Let's see..
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Be a seer, not a looker!
Hi all
What can we expect from fed interest rate decision news.bcz of interest interest rate cut to 4.75.can anyone explain it.if interest actual can be 5 what happened and if interest rate actual became 4.50 means what will happened in market
Currently short 1.0763 on 15m bearish gartley with tight stop. Bulls are threatening though with half an expectation of an hrly correction to the top side.
As the lights go by so too do the shadows move
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Quoting andvk74
{image}
Better ...
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Don't you know that I'm loco ...
Quoting RedAllOver
{quote} Better ... {image}
WHY???
Quoting Ata-Turkoglu
Still a little uncertainty in the pa, but I am going long here... 1.0750 area looks good... Let's see.. {image}
Closed with +20 pips because we arrived at weekly resistance again (1.0770)... Always careful.. Step by step!
Be a seer, not a looker!
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Quoting Pricilla
Hi all What can we expect from fed interest rate decision news.bcz of interest interest rate cut to 4.75.can anyone explain it.if interest actual can be 5 what happened and if interest rate actual became 4.50 means what will happened in market
A raise of FED interest rate triggers American banks, institutions and companies to BUY USD and put it aside to later gain from interest!
What does it tell to a EURUSD currency trader like us?: Whenever so, EURUSD price could drop!

A cut of FED interest rate triggers American banks, institutions and companies to SELL USD and put it to other instruments or industries because the fun of making money from interest is gone (i.e. it kills laziness and the big-belly rich doesn't like it) but it is good for the growth of a country...
What does it tell to a EURUSD currency trader like us? Whenever so, EURUSD price could rise!

I kept it very simple... I hope it clarifies...
Be a seer, not a looker!
Quoting Ata-Turkoglu
{quote} A raise of FED interest rate triggers American banks, institutions and companies to BUY USD and put it aside to later gain from interest! What does it tell to a EURUSD currency trader like us?: Whenever so, EURUSD price could drop! A cut of FED interest rate triggers American banks, institutions and companies to SELL USD and put it to other instruments or industries because the fun of making money from interest is gone (i.e. it kills laziness and the big-belly rich doesn't like it) but it is good for the growth of a country... What does...
Eurozone has cut more, as we speak, than the US and yet it goes up?
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PaulsFS
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