New Cable Thread & Other Pairs

Two levels of support now 1.0746 and previous 1.0713. News near!

Gold ..... sorry forgot to postem here

Im thinking this but its riskyasfuck ... need to see it turn first

The EUR/USD pair is currently trading below 1.0800. After a failed attempt to bounce back at the 1.0825 high, the support level at 1.0761 (the previous low from October) is holding for now. However, there's a risk of further decline to 1.0746 or even lower to 1.0713.

On the other hand, if the pair manages to break above the 1.0810 resistance level, it could potentially reach the next resistance levels at the weekly pivot of 1.0835 and 1.0865.

Have a great day!

Daily volatility (range) 80 pips

Option expiries for Friday: 1.0800 (EU1.15b), 1.0885 (EU1.02b), 1.1100 (EU934.1m) Source: financialjuice.com

Significant news - University Michigan Sentiment Prelim.

Friday...looking to scalp shorts EJ EU and GU (anything dollar bull)...waiting for next week before any longer term positions.
I expect USD to continue up once everything settles....but cautious in the meantime and...its friday.

A fast one for 30p, maybe I'll continue with a very low risk or that's enough for today,

i hear you... think the usd will be strong...but I will close next hour or 2...good pips so far

Friday can be an upside surprise to yesterdays high. If, not I expect 1.0846 at least. Sold at near high yesterday and bought a small here in case. Selling higher from now on near the high at 1.0825.

Sometimes you have to fight all day for it, it rarely comes easily, why start a new fight and risk bringing it back(+Friday)? greed is out of my plans,
The dollar is within the range and heading north, and DXY can still go up and down as it goes, I can't tell what will happen in the next minute, and a leg is already done,

Closed at the opening price my bullish position free ride! Don't like the bull yet.

1.0761 worked fine but still below the broken channel.

15 min

Exiting and protecting selling orders!

May trade later but most the week is off for me!

EU , , but GU bears woke up right on the spot,

They are on the good road.

Buyers burned!

Alright, it's time for me to wrap up for the weekend. This week was great, and we made a lot of pips, especially after Donald Trump got elected as president again. His decisions will have an impact on Europe and the value of the euro compared to the US dollar. I expect the euro to get weaker, but we should also be ready for possible ups and downs.

It was a pleasure trading and sharing my thoughts with everyone. Enjoy your weekend!

This week, the EUR/USD pair has experienced a decline, primarily driven by the following factors:

1. Renewed US Dollar Strength:

The US Dollar has gained strength following Donald Trump's victory in the 2024 US Presidential Election. This has led to increased demand for the USD and consequently put pressure on the EUR/USD pair.

2. Cautious Market Sentiment:

The market is cautious about the potential economic implications of Trump's policies, particularly regarding trade and immigration. This uncertainty has contributed to a risk-off sentiment, which tends to favor the US Dollar as a safe-haven currency.

3. Federal Reserve's Monetary Policy:

The Federal Reserve's monetary policy decisions and future rate hike expectations also influence the USD's strength. While the Fed's stance hasn't been a significant driver this week, it remains a key factor for the EUR/USD pair's long-term trend.


The pair is currently in a downtrend. It's supported by the weekly low of 1.0682 and capped by the 1.0761 resistance level (previously a broken support level).

If the downtrend continues, potential targets are 1.0666, 1.0643, and the 1.0601/10 zone.

If the pair breaks above the 1.0761 resistance, potential upside targets are 1.0800/07 and 1.0824.

Have a great weekend!

Weekly volatility (range) 100 pips

Option expiries for Monday: 1.1100 (EU1.59b), 1.1050 (EU1.3b), 1.0900 (EU934.2m) Source: financialjuice.com

Significant news - US CPI, US Retail Sales, US Initial Jobless Claims, US PPI & US Industrial Production.

Daily