Only EURUSD

Cut loss, Buy 1378 till 1370

bear effort yesterday has been wiped ~

Windows updated yesterday closing my terminal overnight without a save and lost my research... noob watch :/

Anyhows, not important, most of what I had blew into the wind with the drop below the flag anyway.

Currently back into the topside of the BO of the flag. Imo the drop below bodes well for a harder push topside with the liquidity hunt below before the move.

I just got knocked out of my BO trade as I type and I am now looking for London to bring PA back down to BO levels for a confirmation push topside.

If we break below the falling TL of the flag then bears could possibly come on board hard.

If we keep going up (now I'm out of trade) I will go and have a smoke and have to wait for a new R:R trade to present itself, perhaps on the AU heh.


Edit: I found a more true TL (rising dotted TL) where PA created a long signal on the 5 min so I have re-entered long with tight stop. It's still possible for this to retreat to the falling TL but I don't want to watch a lift off with my pants around my ankles. I will delete the solid rising TL on my chart after post.

Winning for a month is luck.
Winning for five years takes skill.
"Trading is a long-term game."

Cut loss tiny pips

Sell 1372 till 1350

Bulls try to find an entry and bears taking advantage. Covering any short term longs is the right move, news might have some impact later at the US session.

I'm out of my long and in for a steady short (confirmed ST BO and H&S) down to the flags falling TL for confirming BO topside on the longer term.

bear will have to make it back under 1300 if they wanna go lower but of course 1275 still in its way

Jumped out of short BE- and flipped to long.

We may be looking at this on the 1m view but I have seen multiple setups lately go to waste. The battle is raging.

Close below 1349, Bear safe

Cut loss at BE and tiny pips

Buy 1358 - 1370

Bull is getting ready to fly. Must act quick or more consolidation below 1.1391 will lead to a drop.

The EUR/USD hit 1.1392 today as the US dollar weakened amid uncertainty from President Trump's unpredictable tariff policies. An anticipated ECB interest rate cut tomorrow may impact the pair's upward trajectory. Despite stronger than expected US Retail Sales data causing a brief dip, the pair found support and swiftly recovered to 1.1386, eyeing the next resistance at 1.1424. Support lies at 1.1338, with a breach potentially targeting 1.1300.

See you tomorrow again bye!

TP all tiny pips, sideline

bull closed the day comfortably above 1350 so bull is favoured for a retest to the high.
Let see what will be offered pre London

it remains going sideways

The EUR/USD traded above 1.1400 briefly before it drop down to the middle of the range where now is consolidating around with bullish intentions on higher timeframes. Support at 1.1338 is still holding the short term trend towards higher levels like 1.1424 or 1.1474 resistance. In any case of a break below 1.1300 and 1.1264 come next.

Green pips!


Daily volatility (range) 76 pips

Option expiries for Thursday: 1.1250 (EU849m), 1.1225 (EU830.7m), 1.1000 (EU803.4m) Source: financialjuice.com

Significant news - ECB Interest Rate, US Initial Jobless Claims & US Housing Starts.

4H

1340-50 remain supporting

ECB Rate Cut and Its Impact on EURUSD

The European Central Bank (ECB) is expected to cut its deposit facility rate by 0.25 percentage points to 2.25% today. This decision is primarily driven by the need to address the eurozone's economic challenges, including the impact of US trade tariffs and slowing growth.

Impact on EUR/USD:

Short-Term Reaction: The rate cut is likely to weaken the euro against the US dollar, as lower interest rates typically reduce the attractiveness of a currency. Traders might anticipate a decline in the EUR/USD pair.

Market Sentiment: The ECB's dovish stance could lead to increased volatility in the forex market, especially with the upcoming Good Friday holiday, which might reduce liquidity.

already priced in