Only EURUSD

You shouldn't be surprised if we get a new low.

Volatility after the election is still high!

That's all for today folks! I leave eu at FED'S hand now It can do whatever, you should be out just looking and taking notes for next!

See you tomorrow again, have a fantastic rest of the day! Cheers!

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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.
1 hour

a couple of sells all above the pivot (no buys for me), i think it's time for me to pack for the weekend.

Cant make it below 1.0761 (the previous low from October) yet and 1.0810 is still capping. News are later in about 2 hours from here, volatility may kick in.

I need 1.0746 at least.

Bulls liked 0746 for some pips. Now next is 1.0713.

But I am out of orders

As price is heading to 1.0713 two things might happen. A quick drop to or below and a bounce and consolidation above after or a continuation to 1.0700 and 1.0682.

For some reason I expect volatility below here so watch!

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!

i let a bit run and awesome result, it was truly a great week. Trump gave us the pips, then we went on a wild ride to end up almost at the same point.
It will take some months i believe for Trump to take office so not sure what is going to happen now, price in what we expect from him and more downside, maybe.

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

We are trending lower on a 5 day overlay but balancing lower on 10, 15, and 20 day overlays. TPO counts favor the longs. Volume and volatility have both been successively declining, as well as trade ticks (price changes). We are near the lows of all the brackets (1.0687) but I am cautious for some value creep higher. Friday saw the range of the Initial Balance (7:20AM - 8:20AM CST, the old CME pit hours Chicago time) end being only 20% of the entire day. It was the public who pushed prices lower in the NY session. Of course I am fundamentally bearish but the internals suggest pause. I should say that I have no trade open in either direction, but will watch closely for any break of the lower bracket limits to stop in short again.

The EUR/USD currency pair is currently trading in a range between the 1.0682 support level and the 1.0761 resistance level. The 1.0700 psychological level is also acting as a significant support level. Given the current market conditions, I anticipate the pair to continue its sideways movement until a catalyst emerges to drive increased volatility. However, it's important to be mindful of potential market impacts due to the closure of US banks today.

Have a great day!

Daily volatility (range) 46 pips

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

1 hour

Just stopped in short again. Small position

what should i do, i bought at 1.09144 and i am thinking about hedging but idk where to take another buy??

The EUR/USD pair declined today, below 1.0700, down almost 100 pips. This decrease was influenced by concerns about potential US tariffs on European goods and political instability in Germany, both of which negatively impacted the Euro. As a result, the pair reached a seven-month low near 1.0627.

For now resistance at 1.0682 should hold the downtrend until the next support at 1.0600 reached.

That's all for today. Remember to keep tight stops and risk less!

Have a great rest of the day!

Wait for the fundamentals news to change first! This could go down to 1.0500-1.0400!

Did you collect the short

Who collected this ? My trailing SL was happy

EUR/USD will go Up . This is can will be possible in all this week.
Nearest 1.06410 was reverse position.