Trump is like a bull at a china shop. It's easy money now, enjoy.
1
- #13,162
- Jun 6, 2025 4:10am Jun 6, 2025 4:10am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
The EUR/USD dropped on hopes for a trade deal between China and the US, and the risk-on dollar strengthened. This Non-Farm Payrolls (NFP) Friday should help determine if this strength will continue, or if the EUR will resume its ascending trend towards the 1.1500 and 1.1513/33 resistance zone. The 1.1400/04 zone should provide support unless it breaks. If it does, then 1.1374/56 and 1.1312 are the next possible targets Green pips!Daily volatility (range) 114 pips Option expiries for Friday: 1.1400 (EU1.64b), 1.1500...
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- #13,163
- Jun 6, 2025 5:39am Jun 6, 2025 5:39am
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC
- #13,164
- Jun 6, 2025 6:23am Jun 6, 2025 6:23am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,026 Posts
Patience, Emotion Control and Discipline.
- #13,166
- Jun 6, 2025 7:23am Jun 6, 2025 7:23am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
{quote} Now its time for the bull but with NFP near the time of the release the upside price action should be weak if it catches here!
Only some min. Left! 
Lets see if forecasts are true.{quote} 1.1400!
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- #13,167
- Jun 6, 2025 10:54am Jun 6, 2025 10:54am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
Today, EURUSD experienced a pullback after the release of stronger-than-expected US Nonfarm Payrolls data for May, pushing the pair below the 1.1400 level. This occurred despite the European Central Bank (ECB) having recently cut interest rates by 25 basis points, with market participants initially interpreting Lagarde's comments as nearing the end of the easing cycle, which provided some brief euro strength. However, the robust US jobs report has renewed dollar strength and shifted market focus towards the Federal Reserve's policy outlook, reducing expectations for a near-term Fed rate cut.
It was a great week with ups and downs but with the bull frustrated at the end.
I'll have to close for the week will see you from Monday again, have a great weekend ahead!
Every Friday seems like a marathon!
It was a great week with ups and downs but with the bull frustrated at the end.
I'll have to close for the week will see you from Monday again, have a great weekend ahead!
Every Friday seems like a marathon!
Looking for profitable short term trades ...|
- #13,169
- Jun 6, 2025 12:55pm Jun 6, 2025 12:55pm
With relatively low momentum and buying saturation clear recently, it’s questionable whether euro-dollar might achieve a new high soon. 6 June's NFP was only slightly strong than expected, though, so it's unlikely to trigger a continuing move down. Volume and volatility have declined strongly since April and the 50% monthly Fibonacci retracement seems to be more established as an area of resistance.
If the price does retreat in the near future, it’s unlikely to be a large drop to $1.11 or lower immediately, more of a retracement. Behaviour after a possible break below the main dynamic support of the 50 SMA from Bands would be one of the most important factors determining the next move. Monetary policy, especially the Fed’s meeting on 18 June, and American politics and tariffs remain in focus.
This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
If the price does retreat in the near future, it’s unlikely to be a large drop to $1.11 or lower immediately, more of a retracement. Behaviour after a possible break below the main dynamic support of the 50 SMA from Bands would be one of the most important factors determining the next move. Monetary policy, especially the Fed’s meeting on 18 June, and American politics and tariffs remain in focus.
This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
- #13,170
- Jun 7, 2025 2:11am Jun 7, 2025 2:11am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
The EUR/USD started the week well, rising from a low of 1.1340 to a high of 1.1495 after a hawkish cut from the ECB. However, profit-taking and a possible trading deal between the US and China faded the move before the US NFP release also came in strong the next day, breaking support at 1.1400. It closed below this level, bullish for the week but without much demand. For now, resistance at 1.1431/57 and support at 1.1356 should keep the pair range-bound until a catalyst breaks it outside this range. Then, 1.1495, 1.1513, and 1.1550/73 or 1.1312/00 or 1.1275/60 should be the next targets, depending on the direction.
Have a great weekend!
Weekly volatility (range) 124 pips
Option expiries for Monday: 1.1425 (EU2.02b), 1.1600 (EU1.58b), 1.1350 (EU1.52b) source: financialjuice.com
4H
Have a great weekend!
Weekly volatility (range) 124 pips
Option expiries for Monday: 1.1425 (EU2.02b), 1.1600 (EU1.58b), 1.1350 (EU1.52b) source: financialjuice.com
4H
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i could b wrong tho
- #13,172
- Jun 8, 2025 10:39pm Jun 8, 2025 10:39pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
The EUR/USD reached 1.1425 after the opening, driven by a weak dollar amid the L.A. riots (see news). If that high of 1.1425 gives way, the next targets are 1.1431 or 1.1457. Conversely, if the EUR/USD drops lower, support at the 1.1400/10 zone could provide a rebound. However, we need to monitor for a dollar recovery, considering Friday's Non-Farm Payroll (NFP) strength and upcoming U.S. Consumer Price Index (CPI) numbers, which are forecasted above previous figures. The 1.1380 or 1.1371 zone is also a possible bounce area.
Have a great week!
Weekly volatility (range) 57 pips
Option expiries for Monday: 1.1425 (EU2.02b), 1.1600 (EU1.58b), 1.1350 (EU1.52b) source: financialjuice.com
1H
Have a great week!
Weekly volatility (range) 57 pips
Option expiries for Monday: 1.1425 (EU2.02b), 1.1600 (EU1.58b), 1.1350 (EU1.52b) source: financialjuice.com
1H
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- #13,173
- Jun 9, 2025 3:47am Jun 9, 2025 3:47am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,026 Posts
The EUR/USD reached 1.1425 after the opening, driven by a weak dollar amid the L.A. riots (see news). If that high of 1.1425 gives way, the next targets are 1.1431 or 1.1457. Conversely, if the EUR/USD drops lower, support at the 1.1400/10 zone could provide a rebound. However, we need to monitor for a dollar recovery, considering Friday's Non-Farm Payroll (NFP) strength and upcoming U.S. Consumer Price Index (CPI) numbers, which are forecasted above previous figures. The 1.1380 or 1.1371 zone is also a possible bounce area. Have a great week!
looks like h&s despite not perfect
Patience, Emotion Control and Discipline.
- #13,174
- Jun 9, 2025 4:22am Jun 9, 2025 4:22am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
Looking for profitable short term trades ...|
- #13,175
- Jun 9, 2025 4:35am Jun 9, 2025 4:35am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,026 Posts
Patience, Emotion Control and Discipline.
- #13,176
- Jun 9, 2025 5:10am Jun 9, 2025 5:10am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
{quote} yup not much news today, all eyes on talks in London If it goes well not sure if we will see a drop like last time (possibly not as market gets used to it) if not going so well, bull will take advantage to make new high i believd
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- #13,177
- Jun 9, 2025 10:48am Jun 9, 2025 10:48am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
Today, EURUSD saw choppy trading due to European bank holidays and shifting sentiment around US-China trade talks. Initially, there was some optimism for the Euro, but as the day progressed, the US Dollar surprisingly strengthened despite positive trade talk headlines, pushing EURUSD lower towards key support levels. The pair is now consolidating waiting for more news and technical levels like 1.1457 or 1.1356 can open next directional moves if they give up.
It was great sharing my views with all, have a nice rest of the day!
It was great sharing my views with all, have a nice rest of the day!
Looking for profitable short term trades ...|
- #13,178
- Jun 9, 2025 10:54am Jun 9, 2025 10:54am
Today, EURUSD saw choppy trading due to European bank holidays and shifting sentiment around US-China trade talks. Initially, there was some optimism for the Euro, but as the day progressed, the US Dollar surprisingly strengthened despite positive trade talk headlines, pushing EURUSD lower towards key support levels. The pair is now consolidating waiting for more news and technical levels like 1.1457 or 1.1356 can open next directional moves if they give up. It was great sharing my views with all, have a nice rest of the day!
Never Lose Hope
- #13,179
- Jun 9, 2025 10:43pm Jun 9, 2025 10:43pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
The EUR/USD traded between 1.1435 and 1.1386 in Asia during a no-news session. Further support and resistance, beyond these bounds, can be found at 1.1371 and 1.1457. If either of these breaks, it will open the pair to move higher to 1.1477/95, 1.1500, or lower to 1.1356, 1.1326/12, depending on the direction and any news catalyst
Have a great day!
Weekly volatility (range) 56 pips
Option expiries for Tuesday: 1.1000 (EU904.6m), 1.1400 (EU811.3m), 1.1300 (EU702.9m) source: financialjuice.com
1H
Have a great day!
Weekly volatility (range) 56 pips
Option expiries for Tuesday: 1.1000 (EU904.6m), 1.1400 (EU811.3m), 1.1300 (EU702.9m) source: financialjuice.com
1H
Looking for profitable short term trades ...|
- #13,180
- Jun 9, 2025 10:47pm Jun 9, 2025 10:47pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,445 Posts
Looking for profitable short term trades ...|