Only EURUSD

I think it may turn into a support which will be decided later.

Trend is up strong just need some time up here!

Next we should focus to NATO summit and defence spending in Europe.

it means another pump is coimng when we are expecting it to happen ???

Maybe at Asia or Europe not sure but tomorrow Trump will attend.

so far so good!

thanks brother

Fundamental Drivers: Fed Chair Powell's "wait-and-see" on rates, alongside an Israel-Iran ceasefire, has fueled USD weakness and EUR strength. Lower oil prices due to de-escalation also benefit the Eurozone.

Technical Picture: EURUSD has achieved a significant bullish breakout, clearly surpassing the key 1.1631 resistance zone, indicating a strong move up. This broken resistance now should transform into crucial support.

Current Outlook: The pair is exhibiting strong bullish momentum. Immediate focus is on consolidating above the newfound 1.1600/08 support, with potential for further upside, though minor pullbacks are always possible after such strong moves.


It was great sharing my views with all have a great rest of the day!

new short scalp here ..
DXY higher if >97.876 holds.. EURUSD pullback if no >1.162 buyers

EURUSD near support DXY ~98.014 RL test

EURUSD a bounce is probable here DXY 98.014 test

EURUSD first support test 1.16064....near second support 1.15915 if bulls can't hold 1.16064. now

chances of a head fake, pump and dump is higher now
but only if we sustain under 1590 then 1580

a pop here soon if bears hold DXY here now

TNX DXY EURUSD XAUUSD QQQ SPY etc US 10 year , bond market before J Powell

DXY SL test here now a pullback if bellow 97.922

EURUSD up if bears hold DXY <97.922 now

BNP Paribas has downgraded its dollar outlook and forecasts that Euro to Dollar exchange rate (EUR/USD) gains to 1.18 by the end of 2025.

bulls in control here if the DXY stays < 98.014

EURUSD can chill shorting the DXY till J Powell testimony

great calendar here . congrats ! meanwhile DXY