Everything can happen, but with Powel speech and the shit in France i don't think up is the way, no matter the news, you may get a retracement, nothing more.
1
- #9,062
- Dec 4, 2024 10:48pm Dec 4, 2024 10:48pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
The EUR/USD dropped to 1.0504 after it stayed below 1.0546 resistance at an attempt to recover yesterday. For now the pair should drop below 1.0500 and test yesterdays low one more time but if it gains momentum above resistance then 1.0585 could be its next target.
Green pips!
Daily volatility (range) 83 pips
Option expiries for Thursday: 1.0450 (EU1.5b), 1.0550 (EU1.08b), 1.0525 (EU1.05b) Source: financialjuice.com
Significant news - US Initial Jobless Claims
1 hour
Green pips!
Daily volatility (range) 83 pips
Option expiries for Thursday: 1.0450 (EU1.5b), 1.0550 (EU1.08b), 1.0525 (EU1.05b) Source: financialjuice.com
Significant news - US Initial Jobless Claims
1 hour
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- #9,063
- Dec 4, 2024 11:30pm Dec 4, 2024 11:30pm
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Good morning traders! 
As i told! 
Based on H1, I am currently looking at the resistance trendline at 1.0523, And if it breaks, it will act as a support, 1.0544 0.618 FIB
Stop Procrastinating
- #9,064
- Dec 4, 2024 11:38pm Dec 4, 2024 11:38pm
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Stop Procrastinating
- #9,065
- Dec 4, 2024 11:41pm Dec 4, 2024 11:41pm
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Stop Procrastinating
- #9,066
- Dec 4, 2024 11:46pm Dec 4, 2024 11:46pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
{quote} And supports are here 1.0516, 1.0510, 1.0496 & 1.0477!
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- #9,067
- Dec 5, 2024 12:12am Dec 5, 2024 12:12am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
Two ranges in play unless it gets momentum above 1.0546! Just choose
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- #9,068
- Dec 5, 2024 12:23am Dec 5, 2024 12:23am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Two ranges in play unless it gets momentum above 1.0546! Just choose
Stop Procrastinating
- #9,069
- Dec 5, 2024 12:36am Dec 5, 2024 12:36am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
{quote} I choose both!
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- #9,070
- Dec 5, 2024 12:38am Dec 5, 2024 12:38am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} Both scenarios are possible but there is and a third
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- #9,071
- Dec 5, 2024 12:58am Dec 5, 2024 12:58am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
{quote} Yea without range!
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- #9,072
- Dec 5, 2024 1:09am Dec 5, 2024 1:09am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} I think the lower range is more likely because the higher timeframe trend suggests a potential pullback or consolidation phase before the next upward move.
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- #9,073
- Dec 5, 2024 1:12am Dec 5, 2024 1:12am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} Yes but bulls are strong right now!
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- #9,074
- Dec 5, 2024 1:12am Dec 5, 2024 1:12am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,019 Posts
Patience, Emotion Control and Discipline.
- #9,075
- Dec 5, 2024 1:14am Dec 5, 2024 1:14am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Stop Procrastinating
- #9,076
- Dec 5, 2024 2:08am Dec 5, 2024 2:08am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,019 Posts
Patience, Emotion Control and Discipline.
- #9,077
- Dec 5, 2024 2:11am Dec 5, 2024 2:11am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
{quote} 0545 hit, closing long and loaded first short. Will add until 0570
Bulls will try to get a close above resistance now but I see a possible dip to 1.0500.
Looking for profitable short term trades ...|
- #9,078
- Dec 5, 2024 2:24am Dec 5, 2024 2:24am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,019 Posts
{quote} That's the bear!
Patience, Emotion Control and Discipline.
- #9,079
- Dec 5, 2024 2:28am Dec 5, 2024 2:28am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,430 Posts
{quote} battle is not over yet, it can still go higher!
20 daily ma is right above!
Looking for profitable short term trades ...|
