Bulls here trying to fight short it again after a scalp
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- #15,411
- Aug 5, 2025 6:49pm Aug 5, 2025 6:49pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
Patience, Emotion Control and Discipline.
- #15,412
- Aug 5, 2025 8:37pm Aug 5, 2025 8:37pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
The EUR/USD is pushing to break above 1.1600. The immediate resistance at 1.1615 should be met next if the pair finds footing above the round number. In case a stronger break occurs, then 1.1637/49 is the next target for buyers. 1.1540/50 and 1.1527 are keeping the trend intact, but a failure will change that. However, I most expect a consolidation in case the EU remains unimpressed by news or other factors.
Have a great day!
Daily volatility (range) 64 pips
Option expiries for Wednesday: 1.1690 (EU1.51b), 1.1600 (EU1.35b), 1.1550 (EU1.09b) source: financialjuice.com
1H
Have a great day!
Daily volatility (range) 64 pips
Option expiries for Wednesday: 1.1690 (EU1.51b), 1.1600 (EU1.35b), 1.1550 (EU1.09b) source: financialjuice.com
1H
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- #15,413
- Aug 5, 2025 8:45pm Aug 5, 2025 8:45pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
The EUR/USD is pushing to break above 1.1600. The immediate resistance at 1.1615 should be met next if the pair finds footing above the round number. In case a stronger break occurs, then 1.1637/49 is the next target for buyers. 1.1540/50 and 1.1527 are keeping the trend intact, but a failure will change that. However, I most expect a consolidation in case the EU remains unimpressed by news or other factors. Have a great day!
Patience, Emotion Control and Discipline.
- #15,414
- Edited 9:24pm Aug 5, 2025 9:12pm | Edited 9:24pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
{quote} seems to me bull really want 1.16
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- #15,416
- Aug 5, 2025 9:28pm Aug 5, 2025 9:28pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
after flash drop from 1.176. Now 1.16 is acting as resistance. we can see the break of 1.16 if continue we be back to the top before CPI. there are possibility of fake breakout. lets see how it goes cheers
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- #15,417
- Aug 5, 2025 9:29pm Aug 5, 2025 9:29pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
{quote} What high? I believe the most eu can get is 1.1680/90 not further and with caution.
we might get better signal pre London but this is looking more likely after a retest to 1530 area yesterday (we didnt get 1519)
Patience, Emotion Control and Discipline.
- #15,418
- Aug 5, 2025 9:45pm Aug 5, 2025 9:45pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
Patience, Emotion Control and Discipline.
- #15,420
- Aug 6, 2025 12:04am Aug 6, 2025 12:04am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
Looking for profitable short term trades ...|