Only EURUSD

Quoting Js3mwtRc

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The euro's been stuck in a range this week with no significant move. This quiet trading will probably continue until more news breaks or on a news about a deal between Ukraine and Russia or from Jerome Powell's speech at Jackson Hole on Friday. Stick to ranging strategies and keep your lot sizes small until we get a clear, justified move. It was nice sharing my views with all, will have to close for today, see you tomorrow again bye!

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Quoting Lordhosios

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{quote} TRADE UPDATE: EURUSD moved as expected and currently trading at the 1.1690-1.1700 zone. Am patiently waiting for the market to show bearish momentum around 1.1700-1.1715 zone, but if the bullish momentum continues then i'll be targeting 1.1750. {image}

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Quoting johncen

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{quote} finally some more bearish movement. I start seeing more reports about potential hawkish tone from Powell and market sentiment is changing to reflect this. big money showing us what they want us to see. your zig-zag-x-zig-zag may be playing out

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Quoting Js3mwtRc

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EUR/USD found resistance at 1.1692 yesterday and then began a drop that broke below the 1.1639 support, reaching a low of 1.1622 today. More downside toward 1.1600-1.1590 is expected for now, but if the pair consolidates at 1.1639 and rises, the key resistance at 1.1650 should keep it down. Have a great day Daily volatility (range) 51 pips 1H {image}

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Quoting johncen

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{quote} just like text book it started to drop after touching 1640 eu is weak but uj and usdchf are not following which we may not drop deep

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Quoting Cavar

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I reversed my position below H4 opening lvl {image} They could bounce from red trend line H1 close will be drop negation?

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Quoting Js3mwtRc

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{quote} That was perfect 10 pips profit just for the morning More consolidation or a break below and then will search for bearish price action below 1.1600 if we close below.

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Quoting johncen

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{quote} Still not much news today but i guess we may see some further south to 1.16 1.159. May not be much room left. tomorrow we have PMI and the beast will be Powell on Friday. I guess it will get quite volatile while he speaks, up and down market trying to get signals out from his mouth. Probably like gambling to trade while he speaks

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Quoting Js3mwtRc

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{quote} Quick! Well done.

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Quoting Js3mwtRc

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{quote} Hmm. Then might leave a sell trade open around 1.1650 and come back at Monday!

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Quoting oluchukwu01

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I'm still holding my sell position, The market had my analysis respecting {image} {image}

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Quoting johncen

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{quote} hahaha to cash out? If he continues to be hawkish Sep should be a bear month even with potential rate cut

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Quoting Cavar

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Third time lucky 1.1646 daily flip lvl above bulls have upper hand{image}

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Quoting Lordhosios

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{quote} The market moved the way I was hoping it would but it failed to test the 1.1700 zone before selling off. I'll be waiting for an opportunity to ride with the bears momentarily. THE RATE-CUT COOL DOWN IS TAKING EFFECT! {image}

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