{quote} Second shoulder high looks in!
Stop Procrastinating
- #10,121
- Feb 4, 2025 1:09am Feb 4, 2025 1:09am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
- #10,122
- Feb 4, 2025 1:12am Feb 4, 2025 1:12am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} H&S failed, Next 1.0350!
Stop Procrastinating
- #10,123
- Feb 4, 2025 1:15am Feb 4, 2025 1:15am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
{quote} Add: 1.0358
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- #10,125
- Feb 4, 2025 1:56am Feb 4, 2025 1:56am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
{quote} done closed 1.0347 now 65 pips in my pocket now waiting on side
Now possible down below 1.0300 again.
Looking for profitable short term trades ...|
- #10,127
- Feb 4, 2025 2:08am Feb 4, 2025 2:08am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
{quote} I would not be surprised i just want to wait for us data first
Looking for profitable short term trades ...|
what y'all think¿ 
- #10,129
- Feb 4, 2025 7:16am Feb 4, 2025 7:16am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
News could do better! 
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- #10,132
- Feb 4, 2025 8:19am Feb 4, 2025 8:19am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
News could do better!
- I wonder what he'll say! I am also waiting for his call with China's President Xi which might be positive for EURUSD.
Looking for profitable short term trades ...|
- #10,133
- Feb 4, 2025 8:50am Feb 4, 2025 8:50am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
Profit-taking on dollar long positions due to the postponement of tariffs on Canada and Mexico positively impacted EUR/USD today. After a brief drop to 1.0272 following China's retaliatory tariffs, the pair rebounded to 1.0365. Subsequent U.S. news, which failed to meet expectations, led to a further rise to the 1.0386 resistance level, aiming for potential targets at 1.0400/10 or 1.0435.
Currently, 1.0350 is holding as support; a return to this range might see it testing 1.0320, possibly heading towards 1.0300. Traders are now awaiting comments from President Trump, which could trigger significant movements.
It was a pleasure trading with all of you today, and I wish everyone a great rest of the day!
Currently, 1.0350 is holding as support; a return to this range might see it testing 1.0320, possibly heading towards 1.0300. Traders are now awaiting comments from President Trump, which could trigger significant movements.
It was a pleasure trading with all of you today, and I wish everyone a great rest of the day!
Looking for profitable short term trades ...|
- #10,135
- Feb 4, 2025 9:35am Feb 4, 2025 9:35am
- Joined Mar 2022 | Status: Trader | 2,516 Posts | Online Now
- #10,136
- Feb 4, 2025 8:44pm Feb 4, 2025 8:44pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
The EURUSD exhibited a tight trading range between 1.0387 and 1.0365, showing bullish tendencies on shorter timeframes. An upward breakout from this range might target resistance levels at 1.0400/10 and 1.0435. Conversely, if the pair falls below the support at 1.0365, it could head towards 1.0320 and then possibly 1.0300.
Green pips!
Daily volatility (range) 79 pips
Option expiries for Wednesday: 1.0550 (EU2.47b), 1.0100 (EU1.36b), 1.0500 (EU1.35b) Source: financialjuice.com
1 hour
Green pips!
Daily volatility (range) 79 pips
Option expiries for Wednesday: 1.0550 (EU2.47b), 1.0100 (EU1.36b), 1.0500 (EU1.35b) Source: financialjuice.com
1 hour
Looking for profitable short term trades ...|
- #10,137
- Edited 10:53pm Feb 4, 2025 10:27pm | Edited 10:53pm
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Good afternoon mates! 
Technical Levels and Price Action:
Resistance Level 1.0385: This level acts as the neckline of a head-and-shoulders pattern. A breakout above this level could signal a bullish continuation, with the next target at 1.0455.
1.0500 A major resistance level that has capped price movements since mid-December 2024. A successful breakout could push the price toward this level.
Support Levels 1.0325 If the price breaks below this level, a downtrend could begin, with the first target at 1.0220
1.0215–1.0177 These are the 27-month lows recorded in January 2025. A break below these levels could lead to a drop toward 1.0000 (parity).
Current Situation:
The price is currently trapped within a between 1.0320 1.0385
Fundamental Factors Affecting EUR/USD Impact of Trade Wars: Tariff announcements between the US and the European Union have weakened the Euro. Donald Trump's promises of tariffs on Europe have strengthened the USD as a "safe haven" currency.
Central Bank Policies ECB: A rate cut (from 4.50% to 4.25% in June 2024) and the Eurozone's weak economy have pressured the Euro. Further rate cuts are possible.
Federal Reserve The Fed's cautious policy (rates held at 4.50%) and the strength of the US economy are supporting the USD.
Geopolitical Risks Conflicts in the Middle East and other regional tensions have increased demand for the USD.
Potential Price Scenarios: Bullish Case
If the price sustains above 1.0385, it could rise toward 1.0455 and 1.0500.
Bearish Case:
A break below 1.0325 could signal a move toward 1.0220 and 1.0177.
The long-term target could be parity (1.0000), especially if the Eurozone economy weakens further.
Opportunities: Consider long-term positions near the support zone of 1.0215–1.0250.
If the price sustains above 1.0385, consider short-term buying.
Take profits near 1.0500 if the price reaches this level.
Conclusion and Outlook: In te short term, EUR/USD is likely to remain volatile within the 1.0300–1.0450 range. Fundamental factors such as trade war impacts, central bank policies, and geopolitical risks will play a decisive role. Technically, 1.0385 and 1.0500 are key resistance levels, while 1.0215 is a critical support zone.
If you are trading, prioritize risk management and keep an eye on major economic announcements (US Non-Farm Payrolls).
Technical Levels and Price Action:
Resistance Level 1.0385: This level acts as the neckline of a head-and-shoulders pattern. A breakout above this level could signal a bullish continuation, with the next target at 1.0455.
1.0500 A major resistance level that has capped price movements since mid-December 2024. A successful breakout could push the price toward this level.
Support Levels 1.0325 If the price breaks below this level, a downtrend could begin, with the first target at 1.0220
1.0215–1.0177 These are the 27-month lows recorded in January 2025. A break below these levels could lead to a drop toward 1.0000 (parity).
Current Situation:
The price is currently trapped within a between 1.0320 1.0385
Fundamental Factors Affecting EUR/USD Impact of Trade Wars: Tariff announcements between the US and the European Union have weakened the Euro. Donald Trump's promises of tariffs on Europe have strengthened the USD as a "safe haven" currency.
Central Bank Policies ECB: A rate cut (from 4.50% to 4.25% in June 2024) and the Eurozone's weak economy have pressured the Euro. Further rate cuts are possible.
Federal Reserve The Fed's cautious policy (rates held at 4.50%) and the strength of the US economy are supporting the USD.
Geopolitical Risks Conflicts in the Middle East and other regional tensions have increased demand for the USD.
Potential Price Scenarios: Bullish Case
If the price sustains above 1.0385, it could rise toward 1.0455 and 1.0500.
Bearish Case:
A break below 1.0325 could signal a move toward 1.0220 and 1.0177.
The long-term target could be parity (1.0000), especially if the Eurozone economy weakens further.
Opportunities: Consider long-term positions near the support zone of 1.0215–1.0250.
If the price sustains above 1.0385, consider short-term buying.
Take profits near 1.0500 if the price reaches this level.
Conclusion and Outlook: In te short term, EUR/USD is likely to remain volatile within the 1.0300–1.0450 range. Fundamental factors such as trade war impacts, central bank policies, and geopolitical risks will play a decisive role. Technically, 1.0385 and 1.0500 are key resistance levels, while 1.0215 is a critical support zone.
If you are trading, prioritize risk management and keep an eye on major economic announcements (US Non-Farm Payrolls).
Stop Procrastinating
- #10,138
- Feb 4, 2025 10:41pm Feb 4, 2025 10:41pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
The EURUSD exhibited a tight trading range between 1.0387 and 1.0365, showing bullish tendencies on shorter timeframes. An upward breakout from this range might target resistance levels at 1.0400/10 and 1.0435. Conversely, if the pair falls below the support at 1.0365, it could head towards 1.0320 and then possibly 1.0300. Green pips!
Looking for profitable short term trades ...|
- #10,139
- Feb 4, 2025 10:45pm Feb 4, 2025 10:45pm
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Good day sir!
yes, If breaks then next 1.0420, 40, 55, 1.0460! 
{quote} Bulls too sceptical here at the trendline, but they can sure push above 1.0400! Tight money management here.
Stop Procrastinating
- #10,140
- Feb 4, 2025 10:47pm Feb 4, 2025 10:47pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,528 Posts
Good afternoon mates!
You have surpassed me for sure! And all these levels, I am checking them for confluence with mine 
Only you just did a typo. The US interest rate is sitting at 4.50% not 5.00%
Still above ECB'S 
Looking for profitable short term trades ...|