So has this resistance trendline now become support? {image}
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- #12,501
- Apr 29, 2025 2:30am Apr 29, 2025 2:30am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
- #12,502
- Apr 29, 2025 2:33am Apr 29, 2025 2:33am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Good day sir james! 
So let's see! 
{quote} Correct!
Stop Procrastinating
- #12,503
- Apr 29, 2025 2:58am Apr 29, 2025 2:58am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
Bears are pushing! 
Stop Procrastinating
- #12,504
- Apr 29, 2025 3:00am Apr 29, 2025 3:00am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
Good day sir james!
I came out with this analysis with some help from your chart! I see possible channel up.
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- #12,506
- Apr 29, 2025 4:14am Apr 29, 2025 4:14am
- Joined Jul 2011 | Status: Trader | 3,177 Posts
Holy Betting Grail strategy
- #12,507
- Apr 29, 2025 4:53am Apr 29, 2025 4:53am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
1.1375. Who's going to win!
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- #12,509
- Apr 29, 2025 7:45am Apr 29, 2025 7:45am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
Us jolts came below expectations bug too much buying here will make the pair drop as market makers must find liquidity to cover all these buys! Also some auto tarriffs news later may help dollar after trump will announce some favours! So this cocktail might help bears after all.
1.1375 is still remaining a key for longs and shorts!
1.1375 is still remaining a key for longs and shorts!
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- #12,511
- Apr 29, 2025 9:04am Apr 29, 2025 9:04am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
The market is striving to maintain the short-term bullish trend, aiming for a sustainable break above 1.1400 to pave the way for higher prices. The levels of 1.1440, 1.1475, and 1.1495 are logical targets. However, if the bulls fail to hold support at 1.1375, it will be easier for the bears to push prices back to 1.1329 or lower.
I'll have to close for today, have a profitable rest of the day!
Bull cant decide!
I'll have to close for today, have a profitable rest of the day!
Bull cant decide!
Looking for profitable short term trades ...|
Interesting EURUSD Movement. With data not favoring the USD (Specifically Consumer Confidence) I decided to not be as aggressive today with shorts & it pushed down quite a bit, without reaching a high of 1.142 again today. I had my sell limit there & it did not trigger. I want to believe bears have got the upper hand, but it's truly hard to say. It's been bouncing back so much.
If it pushes up & can't get past 1.1395-1.14 that could be a bearish sign. If it breaks through, I am looking at 1.142 again.
Next target bear 1.136 which is a 23% FIB Zone. Bull target would be 1.14 again.
Don't forget when it looks like a buy it's a sell, when it looks like a sell it's a buy
If it pushes up & can't get past 1.1395-1.14 that could be a bearish sign. If it breaks through, I am looking at 1.142 again.
Next target bear 1.136 which is a 23% FIB Zone. Bull target would be 1.14 again.
Don't forget when it looks like a buy it's a sell, when it looks like a sell it's a buy
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
- #12,516
- Apr 29, 2025 8:45pm Apr 29, 2025 8:45pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
The EUR/USD has been trading within a bearish consolidation pattern for several days, with expectations of increased volatility that could lead to a breakout, potentially below the 1.1300/1.1307 level, targeting a move lower to test 1.1264. The 1.1419/1.1424 resistance zone is currently preventing bullish momentum from pushing higher toward 1.1439 initially, and if upward pressure strengthens, toward 1.1475/1.1495. Watch for end-of-month flows, the May 1st holiday tomorrow, and high-impact news events on the calendar.
Green pips!
Daily volatility (range) 79 pips
Option expiries for Wednesday: 1.1390 (EU1.12b), 1.1250 (EU806.9m), 1.0183 (EU632.6m) Source: financialjuice.com
Significant news - US GDP QoQ, US Initial Jobless Claims, US Consumer Spending & US PCE prices.
1H
Green pips!
Daily volatility (range) 79 pips
Option expiries for Wednesday: 1.1390 (EU1.12b), 1.1250 (EU806.9m), 1.0183 (EU632.6m) Source: financialjuice.com
Significant news - US GDP QoQ, US Initial Jobless Claims, US Consumer Spending & US PCE prices.
1H
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- #12,517
- Apr 29, 2025 8:47pm Apr 29, 2025 8:47pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
Overall price movement below as seen on H4. Back Below the daily resistance trend, but approaching a buyers trendline support. Keep this in mind along with all the data being released. {image}
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- #12,518
- Apr 29, 2025 11:56pm Apr 29, 2025 11:56pm
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
So has this resistance trendline now become support? {image}
Stop Procrastinating
- #12,519
- Apr 30, 2025 12:12am Apr 30, 2025 12:12am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,489 Posts
{quote} Still supporting, Plus align with other supports trendline.
news! Looking for profitable short term trades ...|
