Only EURUSD

The EUR/USD dropped to 1.1710 after 1.1754 stopped it yesterday and is trading in a consolidation mode between the 1.1754 and 1.1708 range. A strong break would find it trading outside this range towards the 1.1797 weekly resistance for buyers and 1.1660/45 for sellers.

Have a great day!


Daily volatility (range) 59 pips

Option expiries for Tuesday: 1.2000 (EU4b), 1.1800 (EU1.81b), 1.2500 (EU1.44b) source: financialjuice.com

Significant news - US JOLTS Job Openings

4H

Yes this number is strong but not if break accompanied by strong fundamentals.

Did bulls got what they wanted! Looks like but 1.1730 seems it turned to support now.

Sadly but i think bull is winning again

"Dollar slips lower as U.S. government shutdown looms"

https://www.investing.com/news/forex...-looms-4262637

The U.S. dollar slipped lower due to concerns over a looming government shutdown and anticipation of key labor market data.

Here is a summary of the article:

Dollar's Decline: The U.S. dollar, tracked by the Dollar Index, traded lower. This decline was attributed to rising risk of a U.S. government shutdown and falling oil prices.

Government Shutdown Concerns: The clock was ticking toward a deadline for U.S. lawmakers to pass a short-term funding bill. Republican and Democratic leaders blamed each other for an impasse in negotiations, leading analysts to believe a shutdown was likely.

Data Release Impact: A government shutdown could delay the release of the all-important nonfarm payrolls data, which was scheduled for Friday. This made the release of the August JOLTs report (a measure of job openings and hiring demand) even more critical for traders seeking guidance on potential future interest rate cuts.


EUR/USD traded higher after preliminary data showed inflation rose in four key German states, pointing to a potential increase in national inflation figures.

Might head to 1778 first!

If it retraces into the FVG on the 15, together with the order block, valid short setup?

Yes! I have 1780 on my chart

Usdx low today at 97.66. Key support zone

Long scalpers .. Support test here

Jolts not a surprise Trump will speak in less than an hour. Lets see now.

US Labor Department: Weekly Jobless Claims Report will be held in the event of a government funding lapse.

Will they report for nfp too?! Possible after that. But waiting for the shutdown first!

Big news week, going to make trading tough, adding in the looming govt. shutdown, it could be a very wild ride.

Its a madhouse right now! Probably we'll see eu at 1.1800!

Might hit both 1.1600 and 1.1800 all by the end of the week with all this news.

Of course EU hits 1.18 again - this gov't shutdown is a nothing burger - ignore it and you'll sleep better at night and in the forex market...life goes on with EU climbing.

once again bear failed to impress!

can we say the same for bulls?

haha yea we are stuck!

eurusd h4
trendlines

if we leave the white channel, we go down...
2patterns (green, yellow)